Quote from: jbreher on July 23, 2020, 06:37:27 PM

Quote from: vapourminer on July 23, 2020, 09:55:33 AM

decentralization = ONE (ok manybe a few) datacenter that has the capacity to process this BSV nearly infinate size (at some point) gigabigabloatware data where everything including the kitchen sink and toilet plus the contents of those that goes down it and is stored on chain? i guess always wanted to know the exact composition of my septic tank contents. a "decentralized" blockchain that only huge AWS instances or other supercomputers and the likes likes can run?

No. But nice mischaracterization. At this point, there are plenty of 'normal' computers processing the BSV blockchain.

sure, now. im talking years out (if it doesnt die off in the meantime)

Quote from: jbreher on July 23, 2020, 06:37:27 PM

AFAIC, as long as there are no exclusionary barriers for new entrants to participate, then non-mining validation is exactly as decentralized as it need be. More such 'decentralization' is a red herring that serves no useful purpose. I realize this is a controversial perspective, but it is the one I hold.

just the money constraint. perhaps youre so loaded that 100+ grand for a datacenter and update cycle that will be needed eventually is a barely noticeable expense for the convenience and security. so say 50 grand for a casual setup that maybe that would last a couple years? so whats the upper limit for "just verifying" my transactions?

Quote from: jbreher on July 23, 2020, 06:37:27 PM

The alternative is to dumb down the entire system to 3 to 7 transactions per second. The notion of such a system working as world money is so ludicrous that it beggars the imagination that anyone would so think.

i agree here. work is needed. it is being done. i may not agree with some of it but stuff is happening regardless.