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by x-complexity
1527 days ago
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> > I'll admit that a normal blockchain would be impossible to store that level of transactional data. Of course that doesn't mean that it isn't possible to store it in a decentralized manner > Translation: blockchain a) doesn't solve this problem, and b) isn't required for this Clarification: The data structure of a typical blockchain that is regularly talked about (single-chain, no shard/web) definitely cannot store that level of data. In order to reach that level of data throughput, better data structures are required to do so. Single-chain blockchains are great in terms of determining transaction finality, but are poor in terms of data storage. This doesn't mean that research into decentralized & computationally-assured data storage techniques shouldn't be pursued. |
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No, it doesn't, for one simple reason: blockchains is not the only such tech, and "computational assuredness" probably isn't really a requirement for this.