I was being a little facetious.
I don't see how this protocol avoids the tradeoff between transactions per second and decentralization, and just repeating the claim isn't helping me understand. You mine on old transaction, ok, so what? How does that help us any more than mining on top of recent transactions in regards to centralization?
100 Mbps allows 12'000 TPS for 1 KiB transactions. There is no an incentive to centralize with conventional hardware. VISA
peak TPS is reported to be 56'000 TPS (
https://en.bitcoin.it/wiki/Scalability). Average is 2'000 TPS.