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feasable?
feasible (typo)
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@ -24,7 +24,7 @@ Assuming 250 Bytes on average per transaction this would result in a data stream
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This is does not include the traffic overhead of forwarding the transaction information to other peers.
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While single hosts on the internet could handle such a load of traffic our current internet would not be able to support this traffic for a large fraction of hosts.
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Also storing this information locally would result in 864000 Megabyte per day. This is roughly 1 Terabyte of data or the size of a hard drive.
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While verifying 40.000 ECDSA signatures per second seems barely feasable (c.f.: https://bitcoin.stackexchange.com/questions/95339/how-many-bitcoin-transactions-can-be-verified-per-second) nodes could hardly catch up initial sync of the blockchain.
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While verifying 40.000 ECDSA signatures per second seems barely feasible (c.f.: https://bitcoin.stackexchange.com/questions/95339/how-many-bitcoin-transactions-can-be-verified-per-second) nodes could hardly catch up initial sync of the blockchain.
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But what if each node wasn't required to know and validate every single transaction? What if there was a way to have scalable off-chain transactions, without losing the security of the Bitcoin network?
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