/biz/ - Business & Finance

>>13695024
You cannot scale blockchains whilst keeping all of their security/decentralization/immutability features intact. So it's a trade-off. The Bitcoin devs, for example, are unwilling to compromise on security/decentralization/immutability and have decided to find indirect ways to scale Bitcoin (lightning network for example). This decision was controversial and a minority segment of the Bitcoin community felt it was the wrong move.

Scaling is almost always a difficult problem in tech and business. Blockchains are no exception and face difficulties peculiar to the way they work and the way these protocols interface with the human parties that run them.

https://medium.com/@rusty_lightning/the-three-economic-eras-of-bitcoin-d43bf0cf058a

Everything but Bitcoin is garbage. "Blockchain" only matters for a select few projects.

Proof of stake is Piece of shit. A huge part of Bitcoin's value is that there is a single objective measurement for trust. PoS is just obscuring work (thermo-dyanmic expenditure) that will be exerted either way.

Transaction throughput is a meme. Projects claiming to have very high txn throughput are sacrificing something else to get there. But it doesn't matter because cheap txns are one of the least interesting things about crypto.

You are very likely not a professional trader and the only way you will reliably make money is by DCAing and hodling Bitcoin.

>>10759069
>XRP is more decentralized than BTC and ETH and has real adoption
It's not and doesn't, but the fact that cRipples feel the need to compensate-shill really says a lot.

>>10664246
You didn't do your due diligence because otherwise you would have realized that almost all of these projects are complete vaporware or reinventing the wheel.

https://s3.us-east-2.amazonaws.com/tetrascapital/Tetras+Capital+-+Ether+%28ETH%29+Bearish+Thesis.pdf

>>10498375

>>10491047
The blockchain is only useful for crypto-currencies and digital assets. Physical assets require oracles which must be trusted. That tips the usefulness balance in favor of just trusting a central agency rather than a trusting many oracles.

>>10400992
This EXACTLY. And they are monetarily incentivized to shill. Plus, they regret not catching the Bitcoin wave, or they even poo-pooed BTC in the early days.

The idea that alts "are more advanced" is such absolute hogwash.

>>10227887
There are really no advances with the exception of Bitcoin. A blockchain is a pretty specialized system that really only has functionality right now for a money-like system such as Bitcoin. Everything else is vaporware, or more aptly, "Etherware"

>>9036081

>>8623783
>Banks make their own blockchain

>>8456641
This

>>8126040
>2018
>Still not understanding what a blockchain is and isn't

>>3883626
Do your own fucking research.

>>2538028

Bitcoin is the only actually useful coin out there, excepting copycats. Everything else is vaporware.

Peer to peer, electronic cash system. Simple as that. Don't fall for shitcoins, including ETH.