Quote from: ranamajid007 on February 12, 2019, 03:06:03 AM

In one of the latest videos that has gone viral among the blockchain and crypto communities was about Vitalik addressing at Blockchain Connect Conference in January about Casper CBC and Ethereum 2.0.

During his address he was asked whether CBC Casper was being designed with any transaction throughput goals in mind? Apparently the guy asking question wanted to talk about the proof-of-works notoriously slow speed of transactions.

And that's how Vitalik replied,

There are a lot of horrible misconceptions inside of that because the purpose of a consensus algorithm is not to make a blockchain fast. The purpose of a consensus algorithm is to keep a blockchain safe. A lot of the time, when a blockchain project claims: we can do 3,500 TPS (transactions per second) because we have a different algorithm, what we really mean is we are a centralized pile of trash that only works because we have seven nodes running the entire thing.

What would you say about it?

Sorry if the topic has been discussed before but I couldn't find a concrete discussion.

Well, it was kinda trash speech, but let's admit that Vitalik was extremely frank with the audience. At this war of smart contract platforms I bet on Vitalik without any hesitation because he is the most far sighted specialist in the blockchain area at all.