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Title: Bitcoin in the future. Post by: kjnfmplm on January 27, 2018, 01:57:48 PM So, bitcoin is getting popular as day passes by. Many people are getting involved and investing their money to bitcoin. But, do you think time will come that ALL people are using bitcoin as payment or do you think that bitcoin will not last longer to see that?
Title: Re: Bitcoin in the future. Post by: ikicha on January 27, 2018, 02:21:19 PM future cryptocurrency will be very good and have a great chance in changing the future of life. but for bitcoin, I think the future will not be used for payment method, because Delay of transaction
-Blocktime 30 min -Blocksize only 1MB Maybe, altcoin will be using for payment method Title: Re: Bitcoin in the future. Post by: BrewMaster on January 27, 2018, 02:51:18 PM -Blocktime 30 min -Blocksize only 1MB bitcoin block time is 10 minutes on average (where did you get 30 min from?) and there no longer is anything called block size. it is not block weight which is 4 MB and any other cryptocurrency based on blockchain technology which wants to stay decentralized needs to have a limited block size. with 1 sec blocks with no size limit, you will end up needing a super server(s) instead of simple computers run by individuals as nodes. and that is required for a decentralized currency. |