Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Scalability of cryptocoins
#11
Nice article about lightning network

https://medium.com/coinmonks/electrify-m...aad299e9b3
What is this thing that builds our dreams, yet slips away from us?

Reply
#12
Wow, a quote from that article...shows just how slow crypto can be in comparison to what people are used to.

With Visa able to process 24,000 transactions per second, Bitcoin Cash 61 and Bitcoin a mere 7 transactions per second, its inadequacy is glaringly obvious to all members of the crypto community.
Reply
#13
For your information; some about Lightning network

https://medium.com/@jcliff/the-lightning...836329626b
What is this thing that builds our dreams, yet slips away from us?

Reply
#14
(2019-02-06, 10:20 PM)Hugues Wrote: For your information; some about Lightning network

https://medium.com/@jcliff/the-lightning...836329626b

Yes, bitcoin need to solve the transaction time issue if it is to survive.
Cardano is the most promising 3 gen. crypto right now.


Reply
#15
It is not clear to me from the article if the Lightning Network is going to be quick enough to be acceptable. If Visa can do 24000 and Bitcoin is at 7, even making Bitcoin 10 or indeed a 100 times faster is not going to be good enough.
Reply
#16
The lightning network talks about millions to billions of transactions per second Bob. If it's true or not is something we have to wait for and see by running code.
Cardano is the most promising 3 gen. crypto right now.


Reply
#17
(2019-02-07, 02:04 PM)Carsten Wrote: The lightning network talks about millions to billions of transactions per second Bob. If it's true or not is something we have to wait for and see by running code.

If they can design it to be that fast then they should approach Visa!
Reply
#18
I still hope for mainstream use of crypto to beat all banking systems in the world
Cardano is the most promising 3 gen. crypto right now.


Reply
#19
FYI  video explainer

What is this thing that builds our dreams, yet slips away from us?

Reply
#20
Really simplified video that explains the principle kind of okay.
Cardano is the most promising 3 gen. crypto right now.


Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)
Banners