You mentioned before you hoped to implement parallel blockchains by April. What are these and are they still in the April release?
Looks like I won't have them ready by April. Parallel Chains is just another way to store data.
I love playing 20 questions with you, CfB. Will the April software release be capable of handling 1000 TPS if the right number and type of systems were online as NXT nodes? If so, what is the largest blockchain size such a node will have to handle?
I can't answer these questions coz I don't know what min fee will be in April and how popular Nxt will be.
Assume the minimum fee will be 0.01 NXT. I don't see what "popularity of NXT" has to do with the question; from a systems engineering capability standpoint 1000 TPS is 1000 TPS.
I am trying to build up from past comments what I can truthfully say in front of an audience in Texas about what the April capability of NXT is going to be. This is important. I do not want to say something about NXT in front of a bunch of hostile Bitcoin people that is going to be proven wrong only three weeks later.
You have said NXT will someday be capable of 1000 TPS operation. You have said we are going from JSON storage at 512 (is that right?) to binary storage of transactions at 128 bytes per transaction. In a binary system of 128 bytes per transaction, the blockchain for such a system going full throttle will grow by 10GB per day IF it is storing every transaction. You have said that service providers are not required for 1000 TPS operation. You've said service providers are going to be the ones storing the entire blockchain. You have said parallel blockchains as a method of data storage will not be implemented in April as you'd hoped. THis implies that the nodes themselves are going to have to handle an enormous blockchain, much bigger than anything Bitcoin has handled to date, in a very short time.
So, two simple questions -
Will the April release of software support some kind of system that does not store every transaction on a rapidly growing blockchain? Just the data of current balance level for registered users, perhaps?
How many of the full time devs will continue to work full time on NXT in May?
