Mike Novogratz said he thinks EOS could reach 50,000 TPS by the end of the year, so I think we will need big exchanges like BancorX or viral video games to push it that far, however i'm not sure how many TPS the mainnet can handle until we need a side chain?
Yes that is right, both platforms Ethereum and EOS but its built on top of the EOS platform that is the only way it can work for now, it will be getting released within a couple months
I have been casually studying Austrian economics for the past 6 years and I came to the conclusion many years ago we need a system, instead of using government and central banked pieces of paper we should all create our own community currencies to be trade peer-to-peer without intermediaries. I came across the very interesting article today on Steemit. It will be great to get feedback on it: https://steemit.com/cryptocurrency/@tinyearth/the-rise-of-crypto-could-community-currencies-be-the-future-of-money
Argentina struggles with yet another financial crisis! Is it time for the Argentinians to create their own crypto community currency instead of repeating hyperinflation once again? In Nairobi Kenya, Bancor has started an initiative for the local citizens to trade tokenized community currencies peer-to-peer without counter party risks. While Argentina is suffering with Dejavu. https://www.reddit.com/r/cryptocurrencynews/comments/9dfr3j/argentina_struggles_with_yet_another_financial/
Last week, the Blockchain Transparency Institute (BTI) published a report revealing that crypto exchanges around the world were faking $6 billion of its daily volume. However, they said that Bithumb was among the few crypto exchanges that were actually being accurate when reporting trading volumes. Are decentralized exchanges such as Bancor the answer to stopping this ever growing trend?
I have attached a chart of the performance of the ICO market this year, it is on a rapid decline. I predicted this would happen in January due the introduction of Airdrops and I thought they would take off. What do you guys think? Are airdrops and the bearish market the reason why ICO participation is falling off a cliff.
I have been seeing lots of community initiatives recently using blockchain; Bancor is doing a lot of work in Kenya and I know Akon is planning his own coin to help to communities out of poverty. Personally I think this is one of the best real-world use cases for blockchain, and one that we should see more of.
Indeed Bancor is very convenient thing for me and I think that it's one the best place for exchange because of it's pricing algorithm and continuous liquidity. I think that over time Bancor could very well be a central figure for exchanging locally-effective tokens