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7661  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Bitcoin Flippening on: January 10, 2019, 06:11:11 PM
It is possible for bitcoin to be replaced by any altcoins if their blockchain will be infected by some sort of malware that will control the entire system. We always think that it is impossible for bitcoin to be replaced but that also what we think before with ETH vs XRP right? Everythin is possible so if bitcoin will be removed as number 1, the altcoin that replaced bitcoin will surely boost its price and a massive buy request is possible.

Even if that happens (which is very unlikely), Bitcoin will quickly recover due to the huge support it has from people in the mainstream world. No other cryptocurrency has the level of support, development, and innovation Bitcoin has today. That's why, Bitcoin is still the leader and trusted among many people worldwide. Some altcoins may have better technologies and features than Bitcoin itself, but they're still missing something that BTC still has ever since it was created. That is first mover advantage, and originality, since if it wasn't for Bitcoin, Blockchain wouldn't had existed today.

For a flippening to happen, there needs to be a new cryptocurrency with a completely revolutionary technology that would render Blockchain obsolete. Also, that new cryptocurrency would need to gather many users, to overcome Bitcoin in the future. Other than that, Bitcoin may still be the "King of Crypto" for a long time. Just my thoughts Grin
7662  Bitcoin / Bitcoin Discussion / Re: Is it Game Over for Bitcoin? on: January 10, 2019, 06:03:04 PM
I don't think so. Bitcoin will not finish at this time. It's right that the price of bitcoin is decreasing day by day. But I believe that the price of bitcoin will recover soon.

Hopefully, Bitcoin could find the light at the end of the tunnel. There's been FUD all over the mainstream world, declaring Bitcoin's dead hundreds of times. Most people believe that a massive decline in a cryptocurrency's value, means that it's death. However, they got it all wrong since it's not about price, but rather utility. So far, Bitcoin is still alive and running as a blockchain network for the masses. Prices won't stop Bitcoin from operating as a cryptocurrency for payments 24/7.

After all, it's been proven that Bitcoin is a resilient cryptocurrency able to withstand anything at it. Which means, that Bitcoin is a safe store of value free from the likes of banks, governments, and other third parties worldwide. Of course, it may be game over not for Bitcoin but for those who have invested into BTC in 2017's ATH. Investors which got into Bitcoin at that time, have abandoned the market due to the depressing situation of Bitcoin's price across many crypto exchanges.

However, those who believe in Bitcoin as a technology to change the world, will not leave or give up no matter what. As for me, I've chosen to be patient in this space, waiting for Bitcoin to blossom like never before in the future. Someday, Bitcoin will win, while traditional financial institutions will die for good. Cheesy
7663  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin Gold have a future? on: January 10, 2019, 05:58:38 PM
BTG is a project that today does not make sense, I think that this is a project, just a fork, which has no application in real life. The world today is just a huge number of different niches, which are developing and will always develop.

Agree. There are many Bitcoin forks out there, which have nearly the exact same vision and purpose of the original Bitcoin (BTC). Most of them are just quick money grabs by their devs (like Bitcoin SV). Others are providing constant development and innovation but aren't used at a large scale (like Bitcoin Cash). Which is why, Bitcoin will prevail in the end, while most altcoins will fail. Only a select few will remain actively traded on the market like Ethereum, and Litecoin due to their proven technologies, and most of all, mainstream adoption.

Right now, Bitcoin Gold's future is uncertain just as with many Bitcoin forks in existence today. If BTG wants to succeed, it would need to provide something unique and truly innovative not found elsewhere. Otherwise, many people will prefer to use the leading cryptocurrencies than Bitcoin Gold. Just my opinion Smiley
7664  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now? on: January 10, 2019, 05:53:12 PM
Quote from: STT link=topic=1736764.msg
49074851#msg49074851 date=1546758637
Yea Iam waiting for the ETH to Proof of stake switch to have an effect and I hope it will help that network lower its costs.    They can still mess it up but seems very likely a step in the right direction and imo its a positive for all POS coins in helping underline and verify the advantages are real and available to users.     Its a pretty big deal with people can partake in network transactions just with a wallet being online, its far closer to normal participation then mining and of course the original Bitcoin was miner in the wallet to start with.

Well, I hope that Ethereum doesn't take too long to switch to PoS, since many other alternatives are much scalable, and friendlier to the environment than Ethereum. As for PoS, it brings many benefits to its holders and the underlying cryptocurrency's blockchain network. However, it still has its flaws just like any other consensus algorithm known to date. If Ethereum manages to bring a better and improved version of PoS that would solve known issues like the Nothing at Stake Problem, then it'll be quite revolutionary.

Knowing that ETH will become a PoS coin someday, it's good because it brings you an opportunity to profit over the long term if you buy at today's prices. Right now, Ethereum is very low in price compared with 2017's ATH. I have a feeling that once it becomes PoS, it will rise massively in price like never before. Hence, it could be one of the best PoS coins to invest into right now. Smiley



Stakenet (XSN) is defs one you should look at. ...

...The next release is going to be their Multi-currency Light Wallet which is going to be special. Their MN network is going to host all the Blockchains so the wallet doesn’t need too, you interact with the Blockchains by signing Lightning Invoices. This keeps the wallet lightweight as it only needs to hold your private keys so can be put on any device.

The next thing is their DEX which is also run via the MN network and utilises their Lightning Swap tech. This will mean P2P trading, straight from wallet to wallet, not having to trust a third party with your funds. They also have Frank Amato helping with the design to make sure it is fully featured exchange that has everything a pro trader would need. ...


I'm amazed by the level of commitment developers have into making this project not only a cryptocurrency, but also a platform for interoperability within blockchains. Considering XSN's prices today, it's extremely inexpensive compared with its previous ATH. Not to mention, the technologies and features XSN have, would've made it a very valuable cryptocurrency today. The reason why it's still at its lows could be the reaction of Bitcoin's bear market which began last year.

StakeNet would need a lot of marketing/promotion if it wants to attract a lot of investors into it. Everything about it is great, but if it lacks adoption within the mainstream world, then it would simply fail over the long term. Hopefully, that won't be the case, as I'm heavily invested in this exciting cryptocurrency. Which leaves me with Bean Cash, StakeNet, and Ethereum as one of the best PoS coins to invest into right now. Cool
7665  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will destroy Ethereum! on: January 10, 2019, 05:23:21 PM
I think that at this moment Cardano is not a competitor for Ethereum. Ethereum has a large ecosystem and a large number of developers. Cardano is very far behind in development from Ethereum. I do not believe that Cardano will be successful.

Exactly. Cardano may be a good cryptocurrency with a huge vision to transform the blockchain industry, but so far, its development team has been slow in contrast to other platforms like Ethereum and EOS. This way, Cardano may never destroy or replace Ethereum, since Ethereum will always be in the lead of development and innovation. However, one thing that ADA could do is to complement Ethereum as an alternative smart contract platform for the mainstream world. ADA could use just Ethereum's help to improve itself over time. The same thing could happen vice versa with Ethereum.

Based on facts, Cardano's co-founder (Charles Hoskinson) has worked on Ethereum before. This means, that he has some experience related to how smart contracts work unlike any other. Perhaps, Cardano would succeed over time, as Hoskinson guides it every step of the way. On the other hand, Ethereum has Vitalik which is also experienced in the field of smart contracts and blockchain technology. Both platforms have good leaders that have a great vision towards making smart contracts practical for the world.

Nonetheless, time will tell us whenever Cardano will remain alive and actively supported by people in the mainstream world or not. Just my opinion Smiley
7666  Alternate cryptocurrencies / Altcoin Discussion / Re: Will BEAM replace ZCash? on: January 10, 2019, 05:16:57 PM
Beam has been listed on https://bitmesh.com/exchange?market=usdt_beam#/ already

Nice. It's good to know that BEAM is getting listed on exchanges at a fast pace, since it will allow easy access from investors into it. Still, BEAM isn't listed on Coinmarketcap, which means that not many people will be aware of the exchanges available for the same. Considering how new BEAM is, I believe that it's too early to say how proven its privacy technology would be in relation with Zcash's Zero Knowledge Proofs.

The battle among privacy coins will become fierce for sure, since there are many on the market today with unique features. Whichever proves to be the best in preserving user's privacy, shall become the leader among privacy coins. So far, Monero is the leader, but we cannot ignore other good privacy coins like BEAM and Zcash over the long term.

Therefore, BEAM may not replace Zcash but rather complement it, since it's good to have a diversity of privacy technologies that will help grow the blockchain industry over time. Just my thoughts Grin
7667  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or EOS? which coin will survive? on: January 09, 2019, 05:33:58 PM
doesn't matter now,


TRON platform will have the most dapps in a few weeks

EOS and ETH are like myspace and friendster



TRON is like facebook

We'll see. AFAIK, Ethereum is the most popular smart contract to date. For TRON to beat Ethereum and EOS, it would need to gather the same or greater level of adoption within the mainstream world. As far as ETH and EOS goes, they both have huge potential of becoming largely adopted by serious businesses and companies around the world. EOS is highly scalable with zero fees, whereas ETH is secure and reliable.

On the other hand, TRON is good, but it doesn't have the same traction as ETH and EOS. Of course, we cannot deny that TRON is highly scalable the same way EOS is, since it uses nearly the same consensus algorithm as EOS (known as DPoS). An advantage that TRON has over EOS is that it's largely compatible with Ethereum's EVM. That's not possible with EOS, since it has its own VM which is incompatible with the EVM. Putting technical things aside, both ETH and EOS may survive after all because of their dedicated development teams, and ever-growing community support. Just my thoughts Grin
7668  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now the time to buy ALTs? on: January 09, 2019, 05:26:52 PM
Price of most alternative coins like ripple, stellar, cardona.. are still very low compared to 2017.. there's no good time better than now..

Exactly. Given how high prices have increased during 2017, there's a huge possibility that they'll bounce right back to their original levels after the bear market. As such, it's highly recommended to invest right now into the most prominent altcoins in existence before it's too late. Altcoins such as XRP, XLM, ADA, ETH, NEO, and EOS have huge potential of becoming big someday, because they have constant development and supportive communities. Their features are tried and tested, leaving some of them capable of handling massive TPS (like XRP, XLM, and EOS).

If you manage to diversify your investment across the previously mentioned altcoins, then you'll do fine after a couple of years from now. As a rule of advice, always do your own research and stay away from scams since many there have been many altcoins and tokens launched with no real utility at all. Just my opinion Smiley
7669  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will destroy Ethereum! on: January 08, 2019, 07:36:26 PM
Cardano is still in its very beginnings. Even after being launched nearly 2 years ago, it still lacks smart contract functionality. The development process for ADA has been somewhat slow, in contrast to Ethereum. For this very reason, Cardano may never overcome or destroy Ethereum in the future. However, if it somehow manages to accelerate development speed bringing a VM for the execution of smart contracts within the mainstream world, then it could be considered as a true rival of Ethereum.

As of now, ADA is just a mere cryptocurrency just like most altcoins in existence today. Everything about the roadmap is fantastic, but the slowness of the Cardano project in delivering new features will cause it to stay behind in technology, while other alternatives (like EOS) take the lead. Eventually, both Cardano and Ethereum will part their separate ways in terms of technicalities and mainstream adoption. Which means, that nether Cardano can destroy Ethereum or viceversa.

Nonetheless, it's good to invest into ADA while it's cheap as it could become extremely valuable after the launch of its smart contract features. Being driven from a scientific philosophy would make it unique in respect to other well-known smart contract platforms. Just my opinion Smiley
7670  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is now the time to buy ALTs? on: January 08, 2019, 05:14:38 PM
Yes it is right time to buy altcoins or to add some more to your portfolios as the market is on the decline with all coins dipping dramatically in prices. If you buy at this point of time and hold for a couple of years, they will give you more profit. I think stellar and cardano are very much good investment. Other good investment are ripple, tron, ethereum, eos, NIM, IOTA.

Agree. All altcoins are nearly the same in price as the last month from last year. They're still a bargain these days when compared to their ATHs in 2017. Altcoins which have good potential are those which provide smart contracts, because they will be demanded a lot by businesses and individuals in the future. dApps and Tokens will create a lot of demand within an underlying blockchain network (ETH, NEO, ADA, and more). As such, 2019 may be the year where smart contracts would take off in the mainstream world.

Cryptocurrency projects which have the most prominent development teams in the world, are Ethereum and Cardano. This makes them an ideal investment for the long term, since they'll last with the constant development and innovation provided by their dev teams and community. They're also the leaders in market cap rankings, compared with other altcoins in existence. Therefore, investing a little bit into different smart contract platforms (like ADA, ETH, and NEO) would give you an advantage in the future when prices start to skyrocket. Just my opinion Smiley
7671  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano will destroy Ethereum! on: January 08, 2019, 05:09:07 PM
It cannot be ascertained yet, as I know, the development of the ADA is not so striking here. Meanwhile, ETH is a coin that has a strong defense in its existence in crypto. It is difficult for other altcoins to destroy the ETH which has very clearly had such a large community and also its platform that is highly encouraged by the crypto industry.

Exactly. AFAIK, ADA is just "vaporware" since it doesn't have any of the promised features that was proposed from the dev team yet. A year after launch, and ADA is still just a mere cryptocurrency without smart contracts. In that sense, it can never destroy Ethereum since it doesn't have a working product. However, the perception would change once ADA starts implementing smart contracts for the world to use. Given that ADA will make use of a PoS consensus algorithm, it will prove to be extremely effective in processing transactions at high speeds while maintaining low costs. Best of all, it will be using a highly secure programming language for dApp development, which could be a better alternative than ETH's Solidity programming language.

On the other hand, Ethereum will make use of a PoS consensus algorithm too, but it will take some time before it fully upgrades the blockchain. Other alternatives like NEO and EOS, have already taken the lead in massive TPS and extremely low costs (in EOS there are no fees). However, Ethereum is still the leader because many people trust in it as a decentralized application platform, and many startups are using it to launch ICOs. Which means, that it'll be nearly impossible for ADA or any other alternative to destroy Ethereum in its entirety.

Nonetheless, crypto land holds many exciting things which promise to transform our society in many ways that were never thought possible. Perhaps, ADA and ETH can work together towards making the blockchain industry a better place for business/commercial applications. Just my opinion Smiley
7672  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Bitcoin Gold have a future? on: January 08, 2019, 05:03:58 PM
No one is interested in privacy. Having a better probably than bitcoin doesn’t mean that it will do better ,cause there are already coins with far more better privacy but still hasn’t made it to the top of the list. Bitcoin Gold hasn’t been doing well right from the beginning and I don’t even think it will do better , but we shall all see. And when it does better, we can then talk about whether to invest in it or not.

That's certainly true, mate. The need for privacy is not as much as I've thought it would be, since many people don't care about it. This has been proven with Zcash, where a huge majority of transactions were performed via transparent addresses, instead of shielded addresses. Bitcoin Gold being a privacy coin, like most other privacy coins in the market, would need to deliver something innovative to the world or it will fail.

Many coins such as Bitcoin Private, PIVX, Zcoin, and Zcash, provide the same privacy features as Bitcoin Gold. The only difference is that Bitcoin Gold is an ASIC resistant coin, but there are also other altcoins which are resistant to ASICs such as Vertcoin and Ravencoin. Right now, we haven't heard much about BTG probably because it lacks proper marketing/promotion. The dev team needs to provide a well-thought roadmap, following constant developments over time, to give a sense of activity within the cryptocurrency project.

Other than that, BTG may remain as a speculative cryptocurrency (like Dogecoin) in the future. With new cryptocurrencies popping out every day, the future of BTG becomes uncertain. Just my thoughts Grin
7673  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH or EOS? which coin will survive? on: January 07, 2019, 05:50:15 PM
"there are many people who prefer ETH, because ETH is more familiar than EOS. if we compare prices, it is certainly very far from ETH. but there are interesting things about EOS, the technology that is produced is a blockchain architecture that has the potential to scale to millions of transactions per second, eliminate user costs and enable the deployment of decentralized applications quickly and easily.  that causes the possibility of the ETH being defeated but not for now."

Agree. ETH may have greater popularity than EOS, simply because it's been on the crypto space for quite some time. EOS just launched in summer last year, so it's been only a couple of months since its inception. It would need to gather a wealth of individuals, talented developers, and businesses worldwide to become as successful as Ethereum in the future. The technology is there to provide high performance smart contracts at the lowest cost possible. This is not possible with ETH, which means that EOS has quite an advantage over it.

As time passes by, both blockchains will be battle-tested to determine which is the best in terms of scalability, security, and reliability. Even so, I believe that both EOS and ETH will survive because they have their unique visions and purposes in real life. Whereas EOS can be used for massive scalability beneficial to businesses worldwide, ETH can be used for safe and secure smart contracts. Which means, that it'll be quite impossible for any of these platforms to die anytime soon. Just my thoughts Grin
7674  Alternate cryptocurrencies / Altcoin Discussion / Re: TRON vs EOS on: January 07, 2019, 05:45:26 PM
"EOS is American silicon valley money, with American silicon valley philosophy.
Tron is China's Jack Ma philosophy and style.
In the end, the way they function will be quite similar. But not identical. I think EOS is beneficial for rich people & Tron is beneficial for everyone. But that's just a general opinion, colored by personal bias."

Yes. I believe that both smart contract platforms will have their specific uses and purposes within the mainstream world. EOS could be the blockchain for businesses and corporations worldwide, while TRON could be the decentralized blockchain for the people enabling a decentralized internet with dApps and tokens that perform better than in the ETH blockchain.

The most interesting thing about both EOS and TRON, is that the same use DPoS as their consensus algorithm. This enables them to process a large number of TPS, while providing no fees at all. However, I believe that EOS has a better chance of becoming successful than TRON, simply because it has a greater development team and highly supportive community.

Nonetheless, time will tell us whenever EOS or TRON will be the true winner. Until now, ETH is still the leader of smart contracts, but it could change in the future with the growth of alternative platforms such as the ones mentioned earlier. Just my opinion Smiley
7675  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The Bitcoin Flippening on: January 07, 2019, 05:33:41 PM
I don't see a flippening in the near future, simply because in terms of pure value proposition only Bitcoin Cash deserves to be priced this high IF (and that's a big IF) they overtake BTC in terms of merchant adoption and use.
I don't see this happening any time soon.
Option #2 is a huge bear market where everything drops to 5% of where it is today, and a flippening becomes too cheap for some whale. Also highly unlikely

Bitcoin Cash may experience huge mainstream adoption from businesses worldwide, due to its low fees and quick transaction confirmations. This is because, BCH has upgraded to a massive block size of 32MB which allows it to process more TPS than BTC itself. However, Bitcoin will also scale with its Lightning Network, which will make instant and cheap transactions a reality. This will also allow BTC to experience mainstream adoption from businesses worldwide.

In terms of flippening Bitcoin, it's nearly impossible unless another cryptocurrency becomes so successful and largely used by people around the world. Such cryptocurrency would need to address many of the issues inherent within the BTC blockchain (such as scalability, and fungibility) to have a chance of overcoming Bitcoin in the future. Other than that, Bitcoin will still be the winner while other altcoins stay behind in terms of market cap.

In the future, if BCH grows in popularity and adoption, it may very well become the second or third largest cryptocurrency by market cap. It'll become a fierce rival against Bitcoin in many ways, as it'll provide high transaction throughput and low fees in a different way than BTC.

Nonetheless, I believe that both Ethereum and Bitcoin Cash have a better chance of flippening Bitcoin in the future than any other cryptocurrency known to date. Just my opinion Smiley
7676  Economy / Services / Re: [Crypto-Games.net] ★ Signature Campaign ★ Hero - Legendary[FULL] ★ on: January 05, 2019, 08:09:08 PM
First payment in 2019 was processed:864bcc08d8af4a3ee1abd81b4e6faf37a550972ce790f457f2da94e783006e90

Thank you all.

Payment received, as always. Thank you DogecoinMachine and Crypto-games.net team.  Wink

This has been indeed the first payment of 2019. Without a single payment missed, it shows that this campaign is still standing strong after nearly 4 years of operation. Hopefully, this year will be the best for the successful growth of Crypto-Games.net casino and cryptocurrencies in general.  Cool
7677  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Cash vs Bitcoin SV on: January 04, 2019, 04:47:46 PM

i think they are equivalent, on a personal level i prefer bitcoin cash, bitcoin sv i do not think has brought anything new beyond the possibility of choosing the size of the blocks that i do not care about it

When comparing both Bitcoin Cash, and Bitcoin SV, Bitcoin Cash seems to be much more stable and reliable than SV these days. However, SV only has a few months since its inception, which means that it could improve over time. It'll be interesting to watch both blockchains grow alongside each other, as it'll help determine which is the best in terms of scalability, and most of all, reliability. In terms of decentralization, Bitcoin is still the winner (at least in the technical aspects).

However, some level of centralization (like BCH and BSV have) is somewhat good for high transaction throughput and low fees. Which is why, increasing the block size over time, will help the blockchain network to retain its scalability (with the downside that storage and bandwidth costs will rise accordingly). Perhaps, someday BCH and BSV would aim for unlimited block sizes enabling massive scalability, but with a huge centralization risk.

Nonetheless, Bitcoin Cash (ABC) seems to have the most support from merchants, individuals, startups, and companies alike (according to Coin.dance stats). Things could change in the future, if people adopt Bitcoin SV at a large scale. Just my opinion Smiley
7678  Alternate cryptocurrencies / Altcoin Discussion / Re: Will PoS completely replace PoW in the future? on: January 04, 2019, 04:40:02 PM
I am really curious if ethereum manages to solve pos's problems.
If they can really do that, i see a bright future for ethereum and pos coins.
If the pos system from ethereum works well, we will certainly get many pos clone coins on the market.

That's yet to be seen, once Ethereum upgrades from PoW to PoS. Ethereum's promise is to provide a secure blockchain for smart contracts in the most efficient way possible. PoS cryptocurrencies before ETH, had several issues such as the "Nothing at Stake" problem which make them relatively unsecure when compared against PoW cryptocurrencies like Bitcoin and Litecoin. The thing is that PoS might never replace PoW, because it's not the All-in-one solution for security and scalability. The same thing could be said about PoW.

Which is why, it's best to have a diversity of consensus algorithms, as it will help blockchain technology mature over time. In case of Ethereum, many people are waiting for PoS to come alive. Once it's battle-tested against the well-known issues of PoS, then it could probably take the crypto world by storm. I believe that a perfect PoS system would prevent the rich from becoming richer, enabling anyone to secure the blockchain and earn rewards. Just my thoughts Grin
7679  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now? on: January 04, 2019, 04:33:11 PM
I love these Beans! So green! so fun! In all seriousness... inflation is real... to keep staking at the same level you have to keep adding more coins to the wallet. I'm more than halfway to ROI in Beans but I should have kept buying additional Beans instead of resting on my laurels... a mistake I need to address now while the prices are buyer-favorable.

As for those other coins you mentioned? I saw Alphacrypto's POS experiment... nope! Sticking to my Beans.

Same. The thing I love about Bean Cash is that it's extremely fast, yet dirt cheap. I can have thousands of beans in my wallet at a low cost and stake them for profit. With Alphacrypto's PoS experiment, I have seen how profitable BEAN is in respect to other popular PoS cryptocurrencies. These times where crypto is on a downfall in price, are ideal to buy and stake some BEAN for the future.

That's why Bean Cash is my favorite PoS cryptocurrency today. Which makes it one of the best PoS coins to invest nowadays. Cheesy


The problem with high inflation is that it represents the cost of the network to the holders of the coin.   So in Bitcoin the fees are apparent and optional to only active users paying for those fees, some of the fee is scaled to speed and you can opt to pay a little less for slower speed.

That by itself is not a bad system, if POS is to compare well or even be better it has to be quite a low rate of inflation to new coins for encouraging staking, transmission of transactions.    If the cost is too high, it means that coin is inefficient.   THe whole point of POS or at least the base case is efficiency gains over the often costly POW constant raising of work and complexity to provide security

Nice observation, mate. I've never thought about this before with depth, until now thanks to your explanation. It's good to know the advantages/disadvantages of both PoW and PoS-based cryptocurrencies, to help make an investment decision for the long term. The one cryptocurrency I'm looking forward to investing massively is Ethereum. This is because, ETH will become a PoS cryptocurrency soon. If it manages to solve many of the inherent issues within existing PoS coins, then it'll be quite revolutionary within the crypto space.

Nonetheless, it's good to have a variety of coins using diverse consensus algorithms whenever it's PoW, PoS, DPoS, PoC, PoB, and more. Smiley
7680  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Blockchain beat VISA someday? on: January 04, 2019, 04:27:53 PM
Probably not, that is why people are looking to "3rd generation" blockchains for solutions.
The 3rd generation blockchains aren't actually traditional blockchains at all, but mostly new technology.
Projects like byteball, nano, and iota use very different ways to approach the decentralized p2p open source ledger.

Mostly they have been successful except maybe iota.
Nano at least is fully functional, it is instant, has no fees, and scales infinitely.
Try it, you will never go back to normal blockchain again!

But I don't think this means that blockchain will become obsolete.
There are so many other applications of blockchain tech, just day to day payments aren't practical.


Agree. I believe that the new trend is not Blockchain itself, but rather a Directed Acrylic Graph (DAG) which provides infinite scalability for the world. This solution seems ideal as transactions can be processed instantly and without fees. Cryptocurrencies such as Nano, IOTA, ByteBall, Constellation, Coti, and Hedera Hashgraph, use this innovative technology which is far superior than Bitcoin's blockchain tech.

If such cryptocurrencies become practical within the mainstream world, then they could easily surpass VISA with their infinite scalability. It has been shown in IOTA that the more the network usage and growth there is, the faster the network will be. Which is why, it's only a matter of time before DAG-based cryptocurrencies could rival Blockchain-based cryptos like Bitcoin and Ethereum.

Despite this, Blockchain tech is still the norm these days due to its high-level security and popularity. Cryptos like Bitcoin and Litecoin will be used as a store of value, while DAG-based cryptos will be used as digital cash. Therefore, there's a possibility that in the future, cryptocurrencies could beat VISA and other traditional payment systems with their corresponding technical architectures (either Blockchain or DAG). Just my opinion Smiley
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