Hey guys, I've recently come across a post the other day in a subreddit that briefly mentioned a problem but nobody really payed attention to it, as that wasn't the point of the post. The thing is, I've been thinking about ever since and can't seem to find a good solution.
In a hyperbitcoinized world, what happens at PayDay? There are around 7 billion people on Earth and we're at about 300 000 transactions per day. That's simply unscalable for on-chain transactions. I know we can be payed over LN, but I feel like your salary is an important transaction that should be made on-chain.
I've thought about the slowness of the network and LN is great for that, but I never considered the amount of transactions that can happen in a day. I mean, we're at 9 million transactions per month, which kinda makes me take the scalability problem a lot more seriously.
Any comments are welcome!
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments