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Comment Re: Is this a bad joke? (Score 1) 65

It burns power for security not throughput. You could drop the power requirements to a single raspi to mine the blocks with 0 change to transactional throughput. Inefficiency is traded for security and decentralization. If that is a viable tradeoff... Idk time will tell. The only way to get the efficiency of something like Visa is to replicate what exists with the current banking/card provider layers where the blockchains preform a similar function as the banking network and throughput is handled by a secondary layer on top.

Comment It's not about manouvering on this one (Score 3, Interesting) 94

Turns out this is a really really hard engineering problem to solve and it has been tried so many times before. There's a guy who even mqaintains a book on the subject. http://www.mendosa.com/The%20Pursuit%20of%20Noninvsive%20Glucose,%20Fourth%20Edition.pdf I wish them luck. It's a great challange and it will benefit a lot of people if they manage to pull it off.

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