Post
Topic
Board Altcoin Discussion
Re: DECENTRALIZED crypto currency (including Bitcoin) is a delusion (any solutions?)
by
TPTB_need_war
on 20/01/2016, 02:34:17 UTC
This is why I have concluded that the only possible mass market for crypto currency are instant microtransactions.

This is what RaiBlocks does https://raiblocks.net/  No fees (micro) subsecond confirmation time (instant).

Sorry no such multiple chains (or branches of a tree) design can ever be Consistent:

https://bitcointalk.org/index.php?topic=1319681.msg13611845#msg13611845

Can you fill in the gaps?  Global instant consistency isn't required for correct state coherence: for instance NUMA CPU configurations can perform correct global memory updates without requiring an exclusive memory bus lock.

Please I am not going to debate your coin's theoretical design in my coin's thread. You can try to join the Decentralization thread linked for you in my prior post and see if you can make coherent theoretical arguments there.

As far as I know, for instance in the very real discipline of databases, multiple transactions can operate simultaneously on the same database without requiring a global database lock.  How does this rectify with requiring a sequential ordering of state updates?

Because and that only works if the consistency of each record of the database independent from the other records. This was actually discussed upthread already in the discussion with Fuserleer. Please I asked readers to read the thread and only present new information. I will admonish you if you continue to be too lazy to read this thread and digest it.