*For example, the fastest single-threaded computer you can buy at any price isn't really all that much faster than an iPhone.
That's true. And the Software is of course in some way the bottleneck.
I agree 100% on this. But to the simple point of storage and the 400$ Hive example, I think the Block size could easily increase or become dynamic? Ok, Dynamic makes it too complex for the example :D
The point was more, there are some " long hanging fruits" out there that would allow scaling and should be included in future RC updates ( or even think about the options)
And to not become behind the curve, I think it's not bad to have in mind the cheaper and more powerful technic that will be affordable :)
The concept is good, though, but the relationship between money and scaling isn't linear or simple.
Also true but it is exponential between time/computing power ( possible scaling)
Nice talk like always!
I wish you a happy new year!
Maybe? Would still requiring processing that data in real time (every 3 seconds).
Happy new year to you as well!