Crypto Pros and Cons (with Sam Bankman-Fried)
Clearer Thinking with Spencer Greenberg
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Blockchain's Transaction Challenges
This chapter explores the limitations of blockchain technology in terms of transaction speed and efficiency, particularly highlighting the inherent latency issues stemming from decentralization. It contrasts scenarios where latency is critical, such as high-frequency trading, with those where it is less impactful, like social media. Additionally, the chapter discusses the operational challenges of blockchain storage and the costs associated with managing large data files.
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