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Title: which type of blockchain you think will solve scalability, Post by: Pingip on July 20, 2019, 09:06:04 PM bitcoin hold several around 7 transaction per second
the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 20, 2019, 09:14:58 PM So, one of the things is the number of transactions per second that their blockchain/network can process, the so-called TPS. Very proudly they mention that they can process more transactions than crypto X and Y and the biggest confectioners talk about more transactions than Paypal or Visa can handle.
this kind of talk filter out a lot of people, yet its so basic and so fucking important, while most of the people even dont know that for now the TPS is huge problem in block chain. Title: Re: which type of blockchain you think will solve scalability, Post by: bitmover on July 20, 2019, 09:40:48 PM bitcoin hold several around 7 transaction per second the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ If you just care about transactions per second, you shouldn't use nano, but Visa. Faster more reliable and stable, tested, etc If you care about decentralization, really being the owner of your funds, and giving back financial power to individuals, bitcoin no doubt. Scalability is just a problem to be solved if people are using the network. People are not using nano or bch Title: Re: which type of blockchain you think will solve scalability, Post by: khaled0111 on July 20, 2019, 10:18:29 PM A blockchain has nothing to do with the scalability issue. The problem is mainly with the mining protocol and the block size (plz correct me if I am wrong).
For Bitcoin, SegWit, by increasing the block size, solved partially the problem. Also, there is the lightning network which is a second layer protocol with faster transactions and lower fees. There are other proposed solutions but they have to reach a consensus first. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 20, 2019, 11:02:53 PM bitcoin hold several around 7 transaction per second the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ If you just care about transactions per second, you shouldn't use nano, but Visa. Faster more reliable and stable, tested, etc If you care about decentralization, really being the owner of your funds, and giving back financial power to individuals, bitcoin no doubt. Scalability is just a problem to be solved if people are using the network. People are not using nano or bch what load of shit in your post. transactions per second its the most important metric in this field ask any expert in blockchain, how you want to replace visa if it not scale. this is what experts try to solve, so much bullshit in your post and sorry to say you far away from be educated in this space for sure. if crypto wanna be main stream its must to scale the tps, imagine only the cars in the usa pay for gas/fuel in crypto on a basis how much transactions per second it will be. and fucking faggot nano is top coin and you cannot compare it to bitcoin cash coin which is crap and far away from be scaleable. before you post crap think twice with your shitty metrit and five stars. you killed me when you said -- If you just care about transactions per second hhhhh you fucking crazy dude. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 20, 2019, 11:10:27 PM A blockchain has nothing to do with the scalability issue. The problem is mainly with the mining protocol and the block size (plz correct me if I am wrong). For Bitcoin, SegWit, by increasing the block size, solved partially the problem. Also, there is the lightning network which is a second layer protocol with faster transactions and lower fees. There are other proposed solutions but they have to reach a consensus first. for now nano is in the top as open source, segwit and lighting network dont solve the problem. there is coin like komdo which claim to hold 20000 tps per second but i somehow dont trust them. dag technology maybe can solve this. ::) Title: Re: which type of blockchain you think will solve scalability, Post by: diahsw on July 21, 2019, 11:07:47 AM bitcoin hold several around 7 transaction per second the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ The blockchain is basically a distributed data storage system, where every recorded data secured by a cryptographic key is eternal and irreplaceable, so it tries to replace data that can be detected very easily. Blockchain is not limited to crypto currency transactions only. In the future, try the Blockchain as well as supporting the following smart solutions: Next, I will review a number of types of blockchain currently being developed and functions, here are the reviews: 1. Public type blockchain This type of blockchain model is the most commonly used today because it was developed jointly without community space (block). Initially this was the agreement of a number of users or online forums. Every user can use or change the software. However, the user will not get the loss obtained from using the software. However, the blockchain model is very useful because it is easily accessed, approved and corrected at any time. Fundamental weaknesses are only because a public (open) system will be a problem because many irresponsible parties will attack or approve this blockchain model. How to find bugs in the attack process and be more efficient in making blocks down. Users of the smart and many blockchain can certainly ward off the way because of the nature of the blockchain that isn't centralized. 2. Blockchain the type of consortium It is different from the public type which is done jointly by a community. The blockchain consortium model was developed independently by leading companies in the blockchain field. They have finished preparing to continue the process. Certainly with the support of reliable technicians and experts in their fields, surely the blockchain model is the most widely developed at this time. Many companies or even startups are developing the idea of a blockchain type consortium. Because it discusses potential and certainly becomes a trend in the future. 3. Private type blockchain (Closed) Finally, the type of blockchain that is protected is closed (private), namely those that do not publish the source code to the public and are considered as intellectual rights. Because of its private nature, it means that the blockchain network used is only intended for the company. The concept of the private blockchain is very suitable for state institutions that require security and confidentiality. Only those in this environment know and this model has been widely used in various state-owned institutions. Not Closed Will Continue to Grow Better. And in my opinion that matches the type of Blockchain the type of consortium. Title: Re: which type of blockchain you think will solve scalability, Post by: DooMAD on July 21, 2019, 11:43:11 AM If you just care about transactions per second, you shouldn't use nano, but Visa. Faster more reliable and stable, tested, etc If you care about decentralization, really being the owner of your funds, and giving back financial power to individuals, bitcoin no doubt. Scalability is just a problem to be solved if people are using the network. People are not using nano or bch what load of shit in your post. transactions per second its the most important metric in this field ask any expert in blockchain, how you want to replace visa if it not scale. this is what experts try to solve, so much bullshit in your post and sorry to say you far away from be educated in this space for sure. if crypto wanna be main stream its must to scale the tps, imagine only the cars in the usa pay for gas/fuel in crypto on a basis how much transactions per second it will be. You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose. If you think TPS is the only important thing, that's your prerogative, but you'll find that many won't agree with that. And because Bitcoin is consensus based, the people who value decentralisation will continue to run the code that preserves decentralisation. If people wanted what you want, that wouldn't be the case. This puts you in the minority, which is not generally known for being a position where you get to assert your preference on development. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 01:58:59 PM bitcoin hold several around 7 transaction per second the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ The blockchain is basically a distributed data storage system, where every recorded data secured by a cryptographic key is eternal and irreplaceable, so it tries to replace data that can be detected very easily. Blockchain is not limited to crypto currency transactions only. In the future, try the Blockchain as well as supporting the following smart solutions: Next, I will review a number of types of blockchain currently being developed and functions, here are the reviews: 1. Public type blockchain This type of blockchain model is the most commonly used today because it was developed jointly without community space (block). Initially this was the agreement of a number of users or online forums. Every user can use or change the software. However, the user will not get the loss obtained from using the software. However, the blockchain model is very useful because it is easily accessed, approved and corrected at any time. Fundamental weaknesses are only because a public (open) system will be a problem because many irresponsible parties will attack or approve this blockchain model. How to find bugs in the attack process and be more efficient in making blocks down. Users of the smart and many blockchain can certainly ward off the way because of the nature of the blockchain that isn't centralized. 2. Blockchain the type of consortium It is different from the public type which is done jointly by a community. The blockchain consortium model was developed independently by leading companies in the blockchain field. They have finished preparing to continue the process. Certainly with the support of reliable technicians and experts in their fields, surely the blockchain model is the most widely developed at this time. Many companies or even startups are developing the idea of a blockchain type consortium. Because it discusses potential and certainly becomes a trend in the future. 3. Private type blockchain (Closed) Finally, the type of blockchain that is protected is closed (private), namely those that do not publish the source code to the public and are considered as intellectual rights. Because of its private nature, it means that the blockchain network used is only intended for the company. The concept of the private blockchain is very suitable for state institutions that require security and confidentiality. Only those in this environment know and this model has been widely used in various state-owned institutions. Not Closed Will Continue to Grow Better. And in my opinion that matches the type of Blockchain the type of consortium. everything is nice bit i talk about types of protocols/data stracture like dag spectra fenom and other which will maybe achieve Scalability and solve this huge problem because this is what will lead to adoption in other words if you wanna see all the people in usa fuel/gas their cars with technology which can handle all this transcation per second and this is only one vertical what with stores and other verticals... bitcoin only hold max per second 10 transaction ethreum little bit more and think when you will go to buy something in a store the business man and you will wait 10 min for conformation... look on this project scam which say they can make 1m transaction per second while all the experts in the world of cryptography search way to get to the level of visa like 45k transcation .. https://www.youtube.com/watch?v=36DRDd8mh0o&t=215s (https://www.youtube.com/watch?v=36DRDd8mh0o&t=215s) project scam called radix and say they work over 5 years on this , how much people going to fall this shit. who dont understand this stuff stick to lectures on MIT. all the other projects that say they can make huge tps per second are scammers and vitalik also said this and other experts. dag protocol read about it , its a special data structure which can solve all this huge problem but still have few weakness which need to be SOLVED and if yes we have a KEY to make crypto main stream ... because bitcoin not scale whatever you do and nakamoto team know this also. projects like dagcoin(scam like onecoin) and byteball and another one are not really dag protocol , iota use it and nano somehow... lecture about dag protocol https://www.youtube.com/watch?v=dEViuM2WM24 (https://www.youtube.com/watch?v=dEViuM2WM24) -- ARE DAG BASED PROTOCOLS NOVEL the most important metric is how much transcation per second the protocol can handle also satoshi team said this, without this crypto will never be main stream Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 02:18:53 PM If you just care about transactions per second, you shouldn't use nano, but Visa. Faster more reliable and stable, tested, etc If you care about decentralization, really being the owner of your funds, and giving back financial power to individuals, bitcoin no doubt. Scalability is just a problem to be solved if people are using the network. People are not using nano or bch what load of shit in your post. transactions per second its the most important metric in this field ask any expert in blockchain, how you want to replace visa if it not scale. this is what experts try to solve, so much bullshit in your post and sorry to say you far away from be educated in this space for sure. if crypto wanna be main stream its must to scale the tps, imagine only the cars in the usa pay for gas/fuel in crypto on a basis how much transactions per second it will be. You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose. If you think TPS is the only important thing, that's your prerogative, but you'll find that many won't agree with that. And because Bitcoin is consensus based, the people who value decentralisation will continue to run the code that preserves decentralisation. If people wanted what you want, that wouldn't be the case. This puts you in the minority, which is not generally known for being a position where you get to assert your preference on development. did you ever read books? did you ever learn something before you say load of shit which have none sense and around experts blockchain they will laugh on you weeks if not months... TPS its the most important metric and also satoshi team said this which school you was because you need to be fucking crazy and super dumb to say the shit you say. mic drop here , but if your logic inside your ass then you fucked up in your entire life... 1. bitcoin can hold max 10 transcation per second and ethereum little bit more nothing fancy, you will go to store to buy something with crypto and wait 10 -20 min for conformation, dude you fucking crazy and i mean it. do you or the store will wait 10-20 min for conformation????? read it twice now this shit come if all the cars only in the usa will use crypto to fuel/gas they cars we need huge monster protocol which can handle huge amount of transction per second to take over visa and and other giants. now cars its only one vertical, what with stores and other things, all this transcation happen in the same second, ask any experts in blockchain/cryptography and satoshi team also said the problem will be scaling... bitcoin cannot be main stream faggot , its only hold max 10 transcation per second even small super market it dosent hold the same with ethereum and bunch others. 2. now about decentralization, bitcoin miners are in the hands of few giants around the world did you know it and yes its still decentralized but no everybody have the money to buy all the equipment to mine and be profitable like giants which make it less decentralized. which mean bitcoin will never accpeted in stores and other vertical because the conformation is to much long?? how it will go main stream?? if you cannot understand this you far away from the ball park and even dont have grasp in simple things which kids understand. shame with people like you with huge metrit and five shitty stars which the the most basic things dont understand. tps its the most important metric every experts blockchain know this, fuck even answer you i feel dumb Title: Re: which type of blockchain you think will solve scalability, Post by: buharikx31 on July 21, 2019, 02:42:13 PM I think in development of the blockchain, it's gonna get bigger, maybe we are not in a right period of time, but I think even 15 transactinos per second are more then enough, counting that people are using different blockchains, so I think there would be no issue with that except high transaction fee, if the blockchain are the same as bitcoin's, but it's gonna get solvled definitelly, more important question for me it's how cryptocurrency gonna be injured in to society
Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 02:43:27 PM If you just care about transactions per second, you shouldn't use nano, but Visa. Faster more reliable and stable, tested, etc If you care about decentralization, really being the owner of your funds, and giving back financial power to individuals, bitcoin no doubt. Scalability is just a problem to be solved if people are using the network. People are not using nano or bch what load of shit in your post. transactions per second its the most important metric in this field ask any expert in blockchain, how you want to replace visa if it not scale. this is what experts try to solve, so much bullshit in your post and sorry to say you far away from be educated in this space for sure. if crypto wanna be main stream its must to scale the tps, imagine only the cars in the usa pay for gas/fuel in crypto on a basis how much transactions per second it will be. You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose. If you think TPS is the only important thing, that's your prerogative, but you'll find that many won't agree with that. And because Bitcoin is consensus based, the people who value decentralisation will continue to run the code that preserves decentralisation. If people wanted what you want, that wouldn't be the case. This puts you in the minority, which is not generally known for being a position where you get to assert your preference on development. MIT lecture only have 157 views which mean why people are so fucking dumb while bullshit youtubers and others have huge amount of views and they even cannot explain what is protocol data stracture https://www.youtube.com/watch?v=Xoza4Fvk81M edit* The Scalability Problem 0:27 listen -- some people drop a file with creativity on the irc of mit club bitcoin with broken language and after some time mimble wimble... people here even dont know this shit Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 03:25:58 PM I think in development of the blockchain, it's gonna get bigger, maybe we are not in a right period of time, but I think even 15 transactinos per second are more then enough, counting that people are using different blockchains, so I think there would be no issue with that except high transaction fee, if the blockchain are the same as bitcoin's, but it's gonna get solvled definitelly, more important question for me it's how cryptocurrency gonna be injured in to society just think only the cars inside usa fuel/gas on crypto i dont talk about other countries and stores and other verticals, we need monster protocol to hold all this scale, the sooner the better ... while the hype around blockchain and decentralized everything the main problem didnt solved and satoshi team talked about it and hint that scaling will be problem. just thing all this hype around blockchain and all this coins and other shit and only experts really know what goes underground with the problem of scalability and 51% attack by quantum computer and the few giants that hold the mining of bitcoin and others... while the hype created by shitty youtubers and people which dont know how to explain stable coin scam or what is protocol and type of data structers and other shitt... the web is fucking dominated by scams... and this is why top project need to be smart in marketing which mean if not the hype of bullshit and shit coins can hide the gem... Title: Re: which type of blockchain you think will solve scalability, Post by: fiulpro on July 21, 2019, 03:52:58 PM I think instead of fast transactions you should also take security into account.
You know there were some experts commenting how even if the lightning network is secure , it is still not that safe as we account it for . Scalability will only be acceptable when it is safe and secure for the people. I think even if the transactions take a while , if they are secure we might consider waiting. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 04:27:16 PM I think instead of fast transactions you should also take security into account. You know there were some experts commenting how even if the lightning network is secure , it is still not that safe as we account it for . Scalability will only be acceptable when it is safe and secure for the people. I think even if the transactions take a while , if they are secure we might consider waiting. its very true , but when you scale a system, you scale it with security in the same time other wise something wrong with mind that try to solve the problem, the sooner this problem solved the better for all of us... dag maybe* have a chance there was protocols like spectre from israel but still we need huge and my mean it huge improvement. people need to learn what is ghost protocol and phantom and SPECTRE and what they try to solve compre to bitcoin blockchain protocol and how dag protocol enter here and other cool stuff, they did great job but yet we far away from something truly scaleable and secure and decentralized ... satoshi team already was knowing there will be huge problem with scaling. and when we talk about scaling for sure you think on the security its parallel to each other, Title: Re: which type of blockchain you think will solve scalability, Post by: bitmover on July 21, 2019, 04:35:51 PM You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose. That was a good answer DooMAD Pingip, let's take Facebook coin for example There are laws in the usa. Congress and trump and trying to push harder regulations on Facebook coin, just like a bank (you may have heard of that). And they can force Facebook work just like a bank. You will be demanded kyc to transfer libra, they will ask what is your income, where did you get the money from , and will also blacklist people who are "suspicious" In the end, Facebook will control your funds and to whom you can transact them. Just like a bank. Transactions may even be reversible (if regulation demands it). Why didn't it happen to iota , nano , etc yet? Because those projects are a joke, and Congress and USA government etc are just laughing at them. But if they decide that those projects must demand kyc to use the network, iota / nano will be forced to comply, because they are companies. They can and will be shut down if they do not obey the law. Now go try to shut down bitcoin Bitcoin is valuable not because it is fast or cheap. This was not a problem when it was created (Visa already solved that), and this is not the problem it is trying to solve. Bitcoin is trying to solve something else: Giving back power and control over their property (money) to individuals, without government inteference. Bitcoin allows you to transact with anyone you want, anywhere in the world, without asking authorization for no one. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 04:40:43 PM and this kind of discussionis very healthy and very interesting for all of us and help noobs to get little bit deeper about blockchian and make our mind more sharp in this area of blockchain which is very important,
i wish more quality posts like this pop here... stick to lectures in mit and other cool stuff from experts only its about 2-3 weeks to get idea about how protocols work and what the difference and what solve problems and what not and what we need for the future. https://www.youtube.com/watch?v=AyOyNF-bCkA (https://www.youtube.com/watch?v=AyOyNF-bCkA) -- MIT Bitcoin Expo 2019 - 10 years of Bitcoin: Evaluating its Performance as a Monetary System still great project need to be creative how he enter the market all the hype bullshit can hide the gem and even kill it but the tech will remain until other great people will take the same tech and bring the same coin in such angle that it will bomb all over the web. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 04:50:05 PM You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose. That was a good answer DooMAD Pingip, let's take Facebook coin for example There are laws in the usa. Congress and trump and trying to push harder regulations on Facebook coin, just like a bank (you may have heard of that). And they can force Facebook work just like a bank. You will be demanded kyc to transfer libra, they will ask what is your income, where did you get the money from , and will also blacklist people who are "suspicious" In the end, Facebook will control your funds and to whom you can transact them. Just like a bank. Transactions may even be reversible (if regulation demands it). Why didn't it happen to iota , nano , etc yet? Because those projects are a joke, and Congress and USA government etc are just laughing at them. But if they decide that those projects must demand kyc to use the network, iota / nano will be forced to comply, because they are companies. They can and will be shut down if they do not obey the law. Now go try to shut down bitcoin mate you still continue to stand on your point of view which is wrong completely mate and mislead him also and he mislead others, hey what is wrong with you top experts try to solve scaleability because without this crypto will never be main stream period. mit experts non stop talk about this. and how the hell did you get to facebook , i didnt talk about them because they are centralized so it dosent interest me. i need to say this million times that you will wit 10-20 min for conformation to buy something or fuel you car and other shit, do you fucking get what is only the cars inside usa* use cryptos to fuel/gas they cars , do you fucking get the number???? bitcoin hold max 10 tps per second ethereum littile bit more and for nano somehow scale but still far away and itoa work on dag but they didnt find away to solve the problem when there is low amount of transcation on dag system which can be attacked easy, yet dag is protected from quantum network attack somehow, no block,no miners, can be more decentralized million times then bitcoin protocol and much more. yet the problem until you sacle with dag it can be attacked easliy which if there is idea to solve this , its the next somehow bitcoin again for you https://www.youtube.com/watch?v=Xoza4Fvk81M (https://www.youtube.com/watch?v=Xoza4Fvk81M) The Scalability Problem by mit... around experts blockchain you better dont talk this shit and leave facebook eside because its centralized* edit... and you still try to answer rather then say i was wrong, the more you answer in the wrong direction Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 04:56:41 PM You appear to be missing some of the nuance being explained to you here. There are compromises that need to be made if you place all your focus on maximising the number of transactions per second. Scaling carries certain costs to bear. The first thing which some people tend to sacrifice in favour of raw speed is decentralisation. But those of us who understand Bitcoin do not want to sacrifice decentralisation. As bitmover said, being in control of your funds and not having barriers to transact with other users is vital. Those are not qualities we would ever want to lose. That was a good answer DooMAD Pingip, let's take Facebook coin for example There are laws in the usa. Congress and trump and trying to push harder regulations on Facebook coin, just like a bank (you may have heard of that). And they can force Facebook work just like a bank. You will be demanded kyc to transfer libra, they will ask what is your income, where did you get the money from , and will also blacklist people who are "suspicious" In the end, Facebook will control your funds and to whom you can transact them. Just like a bank. Transactions may even be reversible (if regulation demands it). Why didn't it happen to iota , nano , etc yet? Because those projects are a joke, and Congress and USA government etc are just laughing at them. But if they decide that those projects must demand kyc to use the network, iota / nano will be forced to comply, because they are companies. They can and will be shut down if they do not obey the law. Now go try to shut down bitcoin Bitcoin is valuable not because it is fast or cheap. This was not a problem when it was created (Visa already solved that), and this is not the problem it is trying to solve. Bitcoin is trying to solve something else: Giving back power and control over their property (money) to individuals, without government inteference. Bitcoin allows you to transact with anyone you want, anywhere in the world, without asking authorization for no one. you fucking crazy mate and i dont fucking kidding as satoshi team talked about the problem of scaling...where you was??? they said that people ned to work and find and scale this somehow... nano is joke you fucking crazy... your post to much general and some how dont have any direction as top experts in cryptography and satoshi team talked about scaling problem. crypto come to replace visa and paypal and banks and all this system which is more then 30 triilion dollars, how you wanna to get to this without scaleing. staoshi team and bitcoin was the seed for all this change but we need to improve it yet somehow the great projects still hit the IRC OF mit club bitcoin by anonymouse people with creativety which try to solve this Title: Re: which type of blockchain you think will solve scalability, Post by: davis196 on July 21, 2019, 05:01:27 PM bitcoin hold several around 7 transaction per second the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ Bitcoin can hold 7 transactions per second,but what about the offchain/sidechain solutions that are built over the bitcoin blockchain,like Lightning Network? For me,scalability isn't such a big deal.Decentralization and security are more important that the transaction speed or volume. Title: Re: which type of blockchain you think will solve scalability, Post by: kryptqnick on July 21, 2019, 05:12:19 PM bitcoin hold several around 7 transaction per second Transactions are an innate problem of Blockchain. A big downside, so to speak. The more transactions there are, the more time and money is needed for them to be confirmed. And I think your Visa info is wrong. From what I see it's around 1.7k transactions per second, not 45k. But let's return to cryptos. The only thing you can do with blockchain is trying to increase the number of transactions a coin would be able to process in advance. But the main problem with more transactions requiring more time and money will always remain. DAG, on the other hand, is designed in the opposite way, with confirmation stuff being tough at first, but getting better as more transactions occur. I believe this article and an image in it is useful to understand it: https://steemit.com/cryptocurrency/@steemhoops99/transaction-speed-bitcoin-visa-iota-paypal/the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 05:14:48 PM bitcoin hold several around 7 transaction per second the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ Bitcoin can hold 7 transactions per second,but what about the offchain/sidechain solutions that are built over the bitcoin blockchain,like Lightning Network? For me,scalability isn't such a big deal.Decentralization and security are more important that the transaction speed or volume. davis you try to sound smart but you dont even aware what you say really, hell what is going in this place on reddit you was slammed fast by tons of comments and i already answer this million times which mean you even didnt read my answers before you just seat there and answer whatever inside your mind which really show you even dont know what you ask.... max bitcoin tps is 10 per second so dont post me 7 per second and feel smart its show you far away from be smart because whether it 7 or 10 -16 or 6 its the same level, you say 7 like you are the smart one know excatly how much tps which is 7 and in fact is wrong is 10 tps per second. Lightning Network? cannot solve this and not others did you read my other answers, that what is fucking wrong with your mind, before you answer read see and look , hell people like you scare me sometime even to answer them is shit. if Lightning Network and other solve the problems so why experts still try to solve this and other shit,,,Lightning Network dosent help do research is all on the web. this is the most complete crap shit i ever heard from you : For me,scalability isn't such a big deal.Decentralization and security are more important that the transaction speed or volume. do you fucking crazy when you scale any system in any vertical you scale it with security its parallel to each other because you cannot scale any system whether its centralized or decentralized without security....do you hear what you say... its like building huge building comapre to small block and say to me small block is more important because of security but faggot when building huge building there is different security, whether its on centralized or decentralized tech.... you even dont aware what you say by this, scalibility and security developed parallel to each other wgether its on decntralized or centralized system. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 05:25:41 PM bitcoin hold several around 7 transaction per second Transactions are an innate problem of Blockchain. A big downside, so to speak. The more transactions there are, the more time and money is needed for them to be confirmed. And I think your Visa info is wrong. From what I see it's around 1.7k transactions per second, not 45k. But let's return to cryptos. The only thing you can do with blockchain is trying to increase the number of transactions a coin would be able to process in advance. But the main problem with more transactions requiring more time and money will always remain. DAG, on the other hand, is designed in the opposite way, with confirmation stuff being tough at first, but getting better as more transactions occur. I believe this article and an image in it is useful to understand it: https://steemit.com/cryptocurrency/@steemhoops99/transaction-speed-bitcoin-visa-iota-paypal/the ethereum blockchain currently supports roughly 15 transactions per second nano is better but compare to the 45,000 processed by Visa.\/ how visa can hold 1.7 k per second with all the transcation going inside the usa to you get what you say.. and its depend on the protocol that use to verifiy the tps each protocol/blockchain has different way which show you even know what is fhantom or spectre or ghost protocols and how they differ from bitcoin protocol and where dag protocol enter here and how oother important things try to solve this problem... dude go back to school you talk non sense from the moment you said visa hold 1.7k per second if yes visa would crash every second from overload transcation... and about dat i already explained how it work so you sound more stupid then smart and you only copy pasy you really dont know how it work and what weakness it have?? you even dont know what is phantom protocol or spectra and others,,,you just copy past what is dag and in reality you even dont know how it work. so to see so much people talk so much non sense but on reddit they will debunk you under one second you even will log off it will go viral, because on reddit people there learn rather then feel smart and talk bullshit and copy past something that already explained by me.. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 05:33:26 PM https://www.reddit.com/r/CryptoCurrency/comments/7xnqqc/i_have_done_a_lot_of_research_on_bitcoins_scaling/ (https://www.reddit.com/r/CryptoCurrency/comments/7xnqqc/i_have_done_a_lot_of_research_on_bitcoins_scaling/)post on reddit -- i_have_done_a_lot_of_research_on_bitcoins_scaling
::) this is how people get deep in reddit about some topic on crypto and some of the topest mind hides over there, each one there research and know what he post and people aware not to post shitty posts over there or he will flooded with negative comments or better ask what you dont understand. even congress man use the slang of reddit like shit coin and others slangs which is come from reddit v Title: Re: which type of blockchain you think will solve scalability, Post by: hatshepsut93 on July 21, 2019, 05:40:02 PM Bitcoin is actually the closest to solving the scaling problem, because it has Lightning Network and while it is not yer released officially, people already use it on mainnet. Ethereum's scaling solutions are in much earlier stages of development, and other cryptocurrencies that claim to have solved scaling are so centralized that we shouldn't view them as competitors of Bitcoin - they are entirely different products with different value proposition. This is one of the reasons why Bitcoin is doing so well and altcoins don't.
Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 06:00:43 PM Bitcoin is actually the closest to solving the scaling problem, because it has Lightning Network and while it is not yer released officially, people already use it on mainnet. Ethereum's scaling solutions are in much earlier stages of development, and other cryptocurrencies that claim to have solved scaling are so centralized that we shouldn't view them as competitors of Bitcoin - they are entirely different products with different value proposition. This is one of the reasons why Bitcoin is doing so well and altcoins don't. load of shit information from you. Lightning Network dosent solve scaling problem and its all over the web. ethereum want to use ghost protocol which i speakd about to scale but it far away from truly be scalable... when you say ethereum work on this, is so much general where is details, how and what you also just copty past what you read....they wanna use ghost protocol maybe to scale...some say they wont work on it...ethereum is far awy from be scaleable and if yes they found answer to what experts years search while other fall to hype and scam and mian stream bullshit which will not happen without solving this problem. you answerr to much general like saying nix coin shit also work on scaling ,,but how and what as top experts know all this coins that say they can scale they truly scam while nano somehow not and itoa work on dag yet they didnt found answers to the weakness of dag protocol. this is huge shit when you say :cryptocurrencies that claim to have solved scaling are so centralized that we shouldn't view them as competitors of Bitcoin. because scaling can be done on decentralzied system and centralized its depend what the founders choose yet, with decentralized tech which is peer to peer money the problem scaling didnt solve as the most last lecture of mit experts talk heavily about this and how much fast it need to solved if we want to put out paypal and visa and others which is industry of 30 trillion. yet peer to peer file sharing is scale easy because there is way and peer to peer money come from p2p file sharing mixed with cryptography... bitcoin mining is operate by giants around the world, the smallest players are far away from be in the mining game and every expert know this,. you also dont aware what you post and you didnt even read my post before here which talk about dag protocol and spectre and phantom and other cool stuff which scale bitcoin but still far away from be real scaleable. dude you also need to go to school with your general answers like this and this coin work on scaling while all the top experts around the wrold didnt find answer Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 06:09:42 PM Bitcoin is actually the closest to solving the scaling problem, because it has Lightning Network and while it is not yer released officially, people already use it on mainnet. Ethereum's scaling solutions are in much earlier stages of development, and other cryptocurrencies that claim to have solved scaling are so centralized that we shouldn't view them as competitors of Bitcoin - they are entirely different products with different value proposition. This is one of the reasons why Bitcoin is doing so well and altcoins don't. fuck you so dumb you even dont read my other answers which alread answer your dumb information which have no clue what you speak. experts from mit say: Transaction fees and scalability are two of the biggest problems facing public blockchain setups. gere it again after million times i posted it yet dumb people just put the crap inside their head without even read and see what was before. https://www.youtube.com/watch?v=Xoza4Fvk81M (https://www.youtube.com/watch?v=Xoza4Fvk81M) -- The Scalability Problem mit experts not faggots for sure! dag protocol and there are a lot of protocols each one have its own weaknees and bitcoin its impossible to scale ask any expert blockchain or i will put lecture from mit here that speak about it! solutions like DAG networks offers remarkable benefits in. There are no blocks or chains on DAGs, yet is still a peer-to-peer decentralized network that uses consensus mechanisms to validate transactions. Better yet, it can function without charging fees, and the more traffic it experiences, the faster it works. Advantages of the DAG DAG networks pack in the privacy, security and decentralization benefits of blockchain, and combine them with a number of improvements such as: No Mining The absence of blocks subsequently means the absence of miners, which in turn means there are no high-powered computers racing to solve math problems for a payout. DAG networks therefore use a fraction of the energy that blockchain systems use. Scalable The DAG architecture has no limit in terms of scalability. Throughput grows in conjunction with activity - the only limit is bandwidth. Low Difficulty Low hashing power requirement means that devices like mobile phones, routers, and smart devices can join DAG networks. Speed Blockchain networks slow down as the user base increases, and it takes more time to confirm transactions. DAG networks work the opposite way — the more it is used, the faster it works. Quantum Resistance* DAG DLTs offer a buffer against quantum computing, meaning its advent would not threaten the security of the system. dag is million times more decentralized then other protocols relative* dag have it own weakness which you will not understand i know from your answer you need to dig deep to types of protocols and what between and other cool stuff which you dont know , Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 06:29:22 PM Bitcoin is actually the closest to solving the scaling problem, because it has Lightning Network and while it is not yer released officially, people already use it on mainnet. Ethereum's scaling solutions are in much earlier stages of development, and other cryptocurrencies that claim to have solved scaling are so centralized that we shouldn't view them as competitors of Bitcoin - they are entirely different products with different value proposition. This is one of the reasons why Bitcoin is doing so well and altcoins don't. this is what is lighting network -- this will scale'???? its second layer” payment protocol, need setup and other things...and ssentially, the Lightning Network allows two people to transfer cryptocurrency directly, rather than via the main Bitcoin blockchain. Say David and I are regularly paying each other back in Bitcoin for the beers we’re always buying each other. Rather than paying each other back directly, using conventional (and slow) Bitcoin transactions, we could set up a Lightning Network payment channel. When we setup this channel, what we’re actually doing is setting up a special kind of wallet that only we can access. Initially, we would both put some Bitcoin into that wallet and use those funds every time we want to quickly send some coins to each other. Every time I buy David a beer, he can pay me back quickly and directly with minimal fees using this channel. When we decide to close this wallet our final balances are settled using Bitcoin’s Proof-of-Work blockchain. Effectively, the Lightning Network operates by generating IOUs between the parties of a payment channel. Technically, no one actually owns the money held in that channel whilst it is open. if few dags weakness solved its the next bitcoin and top marketers need to be behind this to make it viral because the hype and bullshit and scam will hide this gem, then* the source code forked and new coins which all of them are very scalable and decentralized and secure + quantum resistance...helll this pizza taste very good Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 07:41:24 PM Whether it's blockchain, DAG or traditional database, all of them have their own pros and cons. Most cryptocurrency which offer higher TPS or fast-confirmation always have trade-off (cost to run full node, decentralization, security, etc.), which not acceptable for all people. Quantum Resistance* DAG DLTs offer a buffer against quantum computing, meaning its advent would not threaten the security of the system. Data-structure/database type have no correlation with Quantum Resistant. You probably meant quantum-resistant cryptography. people here need to take one month and educate them self 1 month? I'd be surprised if they managed to educate them-self on new/foreign topic more than 5 minutes P.S. stop multi-posting & use edit feature if you have something to say when there's no new reply. People who disagree with you might report your posts. what is this you also dont read post before or copy past them, i also copy past i fucking lazy but i have deep understanding.... -- Whether it's blockchain, DAG or traditional database, all of them have their own pros and cons. ( i said this million time it have weakness or you fukcing blind) --Data-structure/database type have no correlation with Quantum Resistant. You probably meant quantum-resistant cryptography.( yes i mean cryptography , what i talk here about pizza shit dude what you somke heroin) --1 month? I'd be surprised if they managed to educate them-self on new/foreign topic more than 5 minutes( yehh with 5 shitty starts and shitty metrit and years in this industry and they even dont know what is ghost protocol or spectre or phantom, you say 5 min i see here years??? dude you are crazy also) --stop multi-posting & use edit feature if you have something to say when there's no new reply. People who disagree with you might report your posts.(you so dick head and mislead people...people should open quality posts and know all this information to stay away from scams and hype and bullshit,,,do you know how much coins claim they achieved huge tps per second, and other shit...do you know how much scams was in this forum on dag base coin with privacy and othere shit....i mean burn here because most of the people here uneducated) i will sum it you mislead people from learning and get to the right path, sorry to say. you even dont know what is protocols and what the difference between them relative to blockchain why lighting network will never scale and other shit. by your answers you try to sound smart yet you far away from the ball park dude,. when someone is uneducated its first mistake, when he try to sound smart in the same time its second mistake, and when he mislead people to the wrong path and third mistake,,,, and after all there is alot of fishy account here also reddit knows , Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 07:48:40 PM Whether it's blockchain, DAG or traditional database, all of them have their own pros and cons. Most cryptocurrency which offer higher TPS or fast-confirmation always have trade-off (cost to run full node, decentralization, security, etc.), which not acceptable for all people. Quantum Resistance* DAG DLTs offer a buffer against quantum computing, meaning its advent would not threaten the security of the system. Data-structure/database type have no correlation with Quantum Resistant. You probably meant quantum-resistant cryptography. people here need to take one month and educate them self 1 month? I'd be surprised if they managed to educate them-self on new/foreign topic more than 5 minutes P.S. stop multi-posting & use edit feature if you have something to say when there's no new reply. People who disagree with you might report your posts. and even dont try to say why my english is like this and i like it this way in other words https://www.youtube.com/watch?v=Xoza4Fvk81M edit* The Scalability Problem 0:27 listen -- some people drop a file with creativity on the irc of mit club bitcoin with broken english language and after some time mimble wimble... Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 07:57:27 PM Whether it's blockchain, DAG or traditional database, all of them have their own pros and cons. Most cryptocurrency which offer higher TPS or fast-confirmation always have trade-off (cost to run full node, decentralization, security, etc.), which not acceptable for all people. Quantum Resistance* DAG DLTs offer a buffer against quantum computing, meaning its advent would not threaten the security of the system. Data-structure/database type have no correlation with Quantum Resistant. You probably meant quantum-resistant cryptography. people here need to take one month and educate them self 1 month? I'd be surprised if they managed to educate them-self on new/foreign topic more than 5 minutes P.S. stop multi-posting & use edit feature if you have something to say when there's no new reply. People who disagree with you might report your posts. and if few weakness of dag is solved its will be huge improvement and something which will shake all this industry while some say negative about dag like vitalik and other but this shit leave to experts they between them sometime conflict but with logic and not hate,,, some fear this tech will out perform all others, and maybe after all there will be other protocol that will make it who knows, relative to all other dag have one main weakness when there is low amount of transcation its can be attacked very easy, its much more decentralized million times then POW system, because each transcation ...read about the protocol. its fucking so scaleable...the more transcation the faster the system. still this system need fees to prevent spam.. no miners and no blocks,, there is much more... Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 08:07:17 PM I think we haven't created something better than btc blockchain yet. fishy account as top mit experts and cryptographers from around the world know transcation per second on bitcoin blockchain is max 10 per second, ethereum little bit more , nothing fancy and maybe working for improvement and strange account so who see this post read past answers. satoshi team also talk about the scaling problems few times... do you fucking get what is only the cars inside usa* use cryptos to fuel/gas they cars , do you fucking get the number?Huh bitcoin hold max 10 tps per second ethereum littile bit more and for nano somehow scale but still far away and itoa work on dag but they didnt find away to solve the problem when there is low amount of transcation on dag system which can be attacked easy, yet dag is protected from quantum network attack somehow, no block,no miners, can be more decentralized million times then bitcoin protocol and much more. yet the problem until you sacle with dag it can be attacked easliy which if there is idea to solve this , its the next somehow bitcoin again for you https://www.youtube.com/watch?v=Xoza4Fvk81M (https://www.youtube.com/watch?v=Xoza4Fvk81M) The Scalability Problem by mit... Title: Re: which type of blockchain you think will solve scalability, Post by: Girlcryptosis on July 21, 2019, 08:14:23 PM Different types of blockchain - different aims. I bet we can't decide for sure. But for me btc is always no1. I from Reddit also how are neo Nazis dick head Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 08:14:47 PM Different types of blockchain - different aims. I bet we can't decide for sure. But for me btc is always no1. fishy account as top mit experts and cryptographers from around the world know transcation per second on bitcoin blockchain is max 10 per second, ethereum little bit more , nothing fancy and maybe working for improvement and strange account so who see this post read past answers. satoshi team also talk about the scaling problems few times... do you fucking get what is only the cars inside usa* use cryptos to fuel/gas they cars , do you fucking get the number?Huh bitcoin hold max 10 tps per second ethereum littile bit more and for nano somehow scale but still far away and itoa work on dag but they didnt find away to solve the problem when there is low amount of transcation on dag system which can be attacked easy, yet dag is protected from quantum network attack somehow, no block,no miners, can be more decentralized million times then bitcoin protocol and much more. yet the problem until you sacle with dag it can be attacked easliy which if there is idea to solve this , its the next somehow bitcoin again for you https://www.youtube.com/watch?v=Xoza4Fvk81M (https://www.youtube.com/watch?v=Xoza4Fvk81M) The Scalability Problem by mit... who are the fuck are you hhhhh expert , better dont piss me off its not about number 1 or not its about we need to put out paypal and visa and other from the game by scaling,,,this is why experts around the world try to slove this as fast as possible, to get them out of the game,,,,bitcoin cannot scale and satoshi team also said this, Title: Re: which type of blockchain you think will solve scalability, Post by: Girlcryptosis on July 21, 2019, 08:21:22 PM I think we haven't created something better than btc blockchain yet. Be aware of this accounts they pop up by scammers. Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 08:25:05 PM I think we haven't created something better than btc blockchain yet. Be aware of this accounts they pop up by scammers. i just fucking lazy but i can flood* this fourm with fake account, i just dont do it as i talk about interesting things and important... while etfbitcoin probaly have 10 btc and feel smart while he even dont know how much protocols out there... soon i jump to reddit, daily discussion Title: Re: which type of blockchain you think will solve scalability, Post by: Girlcryptosis on July 21, 2019, 08:32:34 PM I think we haven't created something better than btc blockchain yet. Be aware of this accounts they pop up by scammers. i just fucking lazy but i can flood* this fourm with fake account, i just dont do it as i talk about interesting things and important... while etfbitcoin probaly have 10 btc and feel smart while he even dont know how much protocols out there... soon i jump to reddit, daily discussion https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/ (https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/) The second comment , ** Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 08:42:16 PM I think we haven't created something better than btc blockchain yet. Be aware of this accounts they pop up by scammers. i just fucking lazy but i can flood* this fourm with fake account, i just dont do it as i talk about interesting things and important... while etfbitcoin probaly have 10 btc and feel smart while he even dont know how much protocols out there... soon i jump to reddit, daily discussion https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/ (https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/) The second comment , ** yehh its very fishy when you open quality post about the problem scaling which top experts try to slove in order to put out the big boys from the game like visa and paypal and other shit and suddenly pop out accounts which are source from dumb people, which think we are stupid also while its super quality post and very healthy to educate people about protocols and data structure and this help people to know what really happen on the system while the web is dominated by scam and bullshit hype, there is project called radix which claim he can make 1 million tps per second... while top experts around the world and the anonymous guys that drop information to the IRC of mit with broken english to somehow solve this faster with them and get out the big boys and make things more decentralized million time. https://www.youtube.com/watch?v=Xoza4Fvk81M edit* The Scalability Problem 0:27 listen -- some people drop a file with creativity on the irc of mit club bitcoin with broken english language and after some time mimble wimble... Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 08:48:43 PM I think we haven't created something better than btc blockchain yet. Be aware of this accounts they pop up by scammers. i just fucking lazy but i can flood* this fourm with fake account, i just dont do it as i talk about interesting things and important... while etfbitcoin probaly have 10 btc and feel smart while he even dont know how much protocols out there... soon i jump to reddit, daily discussion https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/ (https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/) The second comment , ** i log off, maybe we can meet baby? in london somewhere wembley Title: Re: which type of blockchain you think will solve scalability, Post by: Girlcryptosis on July 21, 2019, 08:49:27 PM I think we haven't created something better than btc blockchain yet. Be aware of this accounts they pop up by scammers. i just fucking lazy but i can flood* this fourm with fake account, i just dont do it as i talk about interesting things and important... while etfbitcoin probaly have 10 btc and feel smart while he even dont know how much protocols out there... soon i jump to reddit, daily discussion https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/ (https://www.reddit.com/r/Tangrams/comments/c111se/iotas_dan_simerman_promotes_tangram_when_asked/) The second comment , ** i log off, maybe we can meet baby? in london somewhere wembley Dirty mind Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 08:56:15 PM just kidding ???
Title: Re: which type of blockchain you think will solve scalability, Post by: Pingip on July 21, 2019, 09:38:53 PM people need to educate them sel in protocols and data structure and their weakness and tps and other cool stuff,
what the difference between them, and stick only to experts like mit club bitcoin university from around the world, and get deeper all this will lead to see how much bullshit out there and stay away from scams, and keep quality post how we can advance this tech and so on... transcation per second its very important and the most important metric, make it more decentralized and mine stream. dag protocol maybe can solve this, yet there are few weakness but if they solved , scaling will be no problem and security in some sort of level and its very decentralized protocol. i dont support dagcoin scam shit and not byteball shit project , also dont support iota but they are more better then dagcoin scam and byteball, but iota didnt found answer to the main problem of dag protocol when their is low amount of transcation the system can be attacked very easy and double spend, so they basically centralized it to make it secure until they scale up and then it will be decentralized. the beauty of dag protocol the more transcation the faster it become. no miners and no blocks to add privacy features to the dag protocol is far away from easy, if you know other coll protocols post them out i right now do researching about sharding which ethereum work on it ::). you cannot enter a store to buy something and wait 10-20 min conformation ...it will not work and on mass scale huge problem will rise, the same with cars that wanna to fuel/gas their car only inside the usa,,,how much transcation will be per second only its fucking scary and i think dag is can solve this as the more transcation on the network the faster it verify and decentralized. bitcoin can be good for now buy a car or home and things which you and the bussiness owner can wait, but to mass scale, no! so if somebody knows here interesting protocols post them lets discuss |