2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 368.29

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Nov 7 4:00 PM EST

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To: TobagoJack who wrote (137042)	12/9/2017 1:30:04 AM
From: Elroy Jetson	1 Recommendation Read Replies (2) of 217591

Looking at this diagram, you can easily see why a blockchain system which works well with a limited number of nodes becomes unusable as the number of nodes greatly increase and validation is required by a huge number of nodes. If the internet operated using this model, it would have already collapsed. Currently I can transfer money from myself to my nephew using a bank, which is a total of 3 nodes, possibly 5 depending on how the money is transferred interbank. With blockchains, my transfer involves communicating and transferring information with thousands of nodes, or hundreds of thousands of nodes as it's used by more people. It's madness. It's the solution to absolutely nothing using more than a limited number of nodes. CryptoKitties which exist only as blockchains is essentially a parody, except people with Bitcoins think it's a product rather than a joke.

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