You are viewing a single comment's thread from:
RE: Does The Market Even Care If Your Crypto Can Scale? Well, Yes...Eventually.
The real issue is that no crypto currency by itself can handle a solid load they all have this flaw at the moment. While some can handle a lot more it still falls crazy short of what is needed for a truly globalized crypto currency that is used in day to day exchanges
Steem and EOS both either promise or deliver very hefty transaction loads. The issue with scaling Steem technically, if I understand it (and I may not), is the large amount of transactions are creating a larger and larger blockchain such that server RAM requirements become continually heftier.
Some can handle near Visa size and still be decentralized. EOS is not released yet but will handle 1 million transactions per second. Steem can scale now to millions of users. A lot of investors don't realize Dash can handle on chain scaling currently to 10,000 per min. and has the ability to scale to 400mb blocks implementing specialized hardware for its paid nodes. The tech is here to scale to world but Investors have been over looking these problems
"Dash can handle on chain scaling currently to 10,000 per min"
Unfortunately, nobody wants Dash for anything except making their own Masternode.
I kept wondering when this issue would come to the fore. Better to address it now than wait and have it used as a club to bash cryptocurrency to the general public later.
Indeed. I elucidated a similar view in my article on Bitcoin and Bitcoin Cash co-existing, with a possible use case for Bitcoin as a reserve asset (like gold.)
Bitshares and Steem come pretty close tho...
Altho we have not even seen 5% yet of wat they are capable of,
and the tx is already better than eth/btc at that level
By far. Unfortunately, the pesky market seems to discount fundamentals far too often.