/biz/ - Business & Finance

>>52241599
There is no way to have a decentralized consensus system at our current technological level that reaches Visa, for reasons you pointed out. Monero cannot do that barring significantly more increases in bandwidth, SSD write speed, storage costs going down, etc. which is the same general problem for BCH or anything else. As far as I can tell the most reasonable approach (outside those technological increases) is just having bridges between different chains so that that cryptocurrency functionality is itself distributed into smaller, more manageable chunks.

Just as an example of a potential distribution, BTC for institutional largescale movements of funds, Monero for important digital cash transactions, Wownero/Doge for micro payments, Tari for NFTs, and Ethereum for advanced smart contracts. Maximum hashpower, usage, etc. for a single chain to do everything is going to result in premature bottlenecking. That isn't a sexy answer though because most people have a dog in the race and want their one coin to be everything simultaneously. With the "crypto archipelago" model you still don't solve all scalability issues but you do make it a lot more manageable I think.