Ethereum (ETH) Co-founder Vitalik Buterin had some words for Elon Musk after posting on Twitter that Dogecoin could increase its block size by 900%.
Vitalik had several counterarguments for Musk’s claims in a paper published on his personal blog. He emphasised that scalability and higher throughput can be achieved by simply increasing the network’s parameters. However, this could compromise the system to extreme centralisation and completely flip a blockchain’s original concept.
Scaling Doge 10x Is “Fundamentally Flawed”
Vitalik said there are two possible ways to try to scale a blockchain: technical improvements and increasing parameters.
Increasing parameters is “fundamentally flawed,” according to Buterin, as computers running blockchain nodes “cannot spend 100% of CPU power to validate the chain“. Computers need spare capacity for processing transactions in the mempool, and this would make it unusable for any other applications while running the node, he added.
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