Topic: Is blockchain too inefficient? (Read 454 times)
oh, inefficient is Bitcoin Core team.
So BTC is a failure because it can't be properly updated to modernize. Segwit will delay the inevitable, it's inability to scale. However, Ethereum having a weak blockchain really surprised me. Is this proof that blockchains spend tons of electricity to accomplish very little? Can a blockchain be made that can handle tens of thousands of transactions per second? The only way crypto can become the world's money is if it can scale.
Yes I guess somehow, Bitcoin has all the option but failed to correct some issues.
I think we are just not giving blockchain enough time for them to solve the issue. But from what i see, that is its upgrade already. Especially the transaction fee. Along with the increase of btc to dollar it is just but normal to increase the fee. For me those are not issue rather change that we the members must accept and that is also the risk blockchain is taking that may make its member acknowledge another chain.
So BTC is a failure because it can't be properly updated to modernize. Segwit will delay the inevitable, it's inability to scale. However, Ethereum having a weak blockchain really surprised me. Is this proof that blockchains spend tons of electricity to accomplish very little? Can a blockchain be made that can handle tens of thousands of transactions per second? The only way crypto can become the world's money is if it can scale.
Yes. Eos.io
So BTC is a failure because it can't be properly updated to modernize. Segwit will delay the inevitable, it's inability to scale. However, Ethereum having a weak blockchain really surprised me. Is this proof that blockchains spend tons of electricity to accomplish very little? Can a blockchain be made that can handle tens of thousands of transactions per second? The only way crypto can become the world's money is if it can scale.
Yes I guess somehow, Bitcoin has all the option but failed to correct some issues.
So BTC is a failure because it can't be properly updated to modernize. Segwit will delay the inevitable, it's inability to scale. However, Ethereum having a weak blockchain really surprised me. Is this proof that blockchains spend tons of electricity to accomplish very little? Can a blockchain be made that can handle tens of thousands of transactions per second? The only way crypto can become the world's money is if it can scale.
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