Quote from: 13Darko on November 05, 2017, 02:34:32 PM

Quote from: Fuserleer on November 04, 2017, 09:26:37 PM

That's just the start of our scale testing.

Next week we'll be adding more nodes, enabling sharding and shooting for 1 billion in 7 days or less.

From there we'll just keep scaling up the tests with more nodes and higher throughput.

Great news!

As someone on Reddit mentioned Radix is not only about fast transactions, but they're also working on a lot of cool stuff. Check this: https://www.youtube.com/watch?v=pMw7hQ6x2f0&feature=youtu.be
All you need to do is to buy an empty debit card and a debit card encoder, program it and use it in an every-day life. Sellers don't even have to install firmware upgrade to their POS. No intermediaries, no excessive fees or whatsoever. Very cool indeed.

Radix is building the future.

I watched the video and was amazed!
From the little I know, a standard POS accepts only EMV-certified chip cards and the firmware won't let just any card open up communication with anything other than the acquiring network.
What you're doing looks like you are bypassing a VERY secure device such as the POS and you're making it function out of its specs.

By doing that you're actually taking money off the banking networks. And banking networks control 100% what's in their POS.
So even if this works today POS firmware would be quickly updated to lock this out.

I'd very much like to hear more tech details on this. It's a killer function as far as widespread adoption is concerned!