You are viewing a single comment's thread from:
RE: bon voyage steemjet superstars - you are words and steem
@dimimp made an analogy to the Queen bruh @ubongj check it out here
The queen (LTC) is faster and cheaper and way more helpful and effective at destroying the kings enemies (solving mans trade/exchange problems). The queen was very much a human being or 3 dimensional chess piece in the same way that LTC is very similar in nature to bitcoin (true blockchains). They both can move in the EXACT same directions on the chess board, however, the king is OLD (expensive) and SLOW by nature.
He means the way a pawn becomes BETTER than bitcoin (but with less or more hash power ?)
It is what the bitcoin cash guys have been saying forever now, that they will be the pawn to reach the other side of the board and become more powerful than bitcoin! (or at least as powerful as litecoin!) The only modification I would make is that Digibyte should be the rook because it is the most secure becasue it is multi-algo instead of single algo. It's "security" use case (most secure / hard to 51% attack) is third among overall use cases by market cap
value storage - BTC
payments - LTC
security (most difficult to 51% attack) - DGB
longevity - PASC
distribution - STEEM
blockchiain app sectors are in fact limited even though all you hear about is how EVERY company needs their own blockchain.
The truth is that every company needs to use a blockchain, but the public chains will be adequate and cheap enough for them to use.
You will use bitcoin and litecoin to transfer and store value, digibyte to secure your identity, and steem to secure/copyright your artwork publicly, and PASC if you are truly paranoid.
Wow!
This is a major explanation of the beauty of blockchain.
What do you think about EOS sir @dimimp?
I'm thinking of buying some tokens whenever I get a steembath from you.
What do you think about the EOS project and its future on the blockchain infrastructure development.
Thank again boss for your usual support!