Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: junoreactor on January 01, 2018, 11:30:49 AM



Title: Interesting read again on Bitcoin scaling challenges
Post by: junoreactor on January 01, 2018, 11:30:49 AM
HOW BITCOIN WILL MEET THE SCALING CHALLENGES NEEDED TO GO MAINSTREAM (http://fintechsummary.com/bitcoin-scaling/?utm_sq=fmczvalif2&utm_source=Twitter&utm_medium=social&utm_campaign=FinTechSummary&utm_content=Own+Blog+Posts)

The Internet comparison is interesting, however the Internet never had competitors (well not yet), the Internet was actually some kind of a big improvement to "Minitel" (who remembers this in Europe?). Right now, Bitcoin is still far from being an improvement to current payment alternatives existing on the market, apart from its anonymity qualities. Most importantly it is facing huge competitions from many other digital currencies.
If Lightning Network comes into place and is a real success, then we can talk again  :)


Title: Re: Interesting read again on Bitcoin scaling challenges
Post by: Nubitcoinerr on January 01, 2018, 12:03:22 PM
Will be eagerly watching how/if scaling challenges can be improved upon.