I don't think most consumers are familiar with the iPhone XR. They know iPhone, and maybe iPhone X, but I don't think the naming will be an issue here.
This doesn't support your assertion- in fact it does the opposite. The definition(s) of inflation has changed over time. That does not make the current definition(s) less correct
And in a hype cycle many many more projects get off the ground that normally, outside of a hype cycle, wouldn't have ever received the requisite funding.
Ideal condition speed vs congestion speed is a different thing- I'm not suggesting they don't face the standard scaling bottlenecks, but it is also true that under similar congestion conditions, the network will run faster as hardware improves.
SQL databases also run slower under high load, which is totally independent of faster hardware allowing for faster databases vs the baseline
Re: independent verification, I agree with you. It's not a great tradeoff. I'm not here to shill Solana as a panacea or anything of the sort, just pointing out clear inaccuracies from the OOP.
The "1-2%" number the author repeatedly cites is misleading at best. These fees do not scale with the amount transacted. BTC tranfers are currently ~$0.80 whether you're moving $1 or $100k, which is a unique feature.
> SQL databases will continue to get faster as hardware speeds up - but blockchains only tend to get slower, as the volume of transactions grows.
This is also misleading, as there are systems like Solana which prioritize speed of confirmation, and do indeed get faster as hardware speeds up. It also allows for sub-cent fees (again, not based on a percentage of the amount moved).
A ton of companies are dumping R&D into designing their own chips with seeming success. Nvidia will be in tough company quite soon, but for now demand greatly outstrips supply.
Cash grab from their VCs is probably more accurate... I have zero doubt some incredible engineering has gone into the product.
However, from what I can tell they were searching for a problem to solve instead of coming with a distinct, compelling, articulable vision of what they wanted to build
The point isn't that LLMs are the best AI architecture for chess.