well… no, not really. The issue is not “we need more computing power”, it’s not about the blockchain not being able to process more. This is by design.
For example bitcoin self adjusts to 10 minute block times. If you double the processing power, it will re-adjust in certain amount of blocks and you’re back at 10 minute block times.
Now this time is kind of important because the rules of the block chain dictate that there should be on average 1 block every 10 minutes and there’s also a limit to how big that block can be. Those two dictate how many transactions that chain can process.
You could change the rules and 2x, 5x or 100x the block size and/or change from 10 minutes to 5 minutes,2 mintues or 30s per block and the issue you would face is not computing power. we’re not limited by the processing power, at all.
