Erik
Erik
Aug 8, 2017 · 1 min read

This is not true for all decentralized payment systems. Bitcoin’s PoW does indeed suffer this requirement. However, payment systems like e.g. Ripple do not and can scale much further; until latency and bandwidth are the limiting factor.

Having said that, off-chain payment solutions like Bitcoin’s Lightning and Ripple’s PayChannel are going to be the future of transacting.

    Erik

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    Erik