 |
December 09, 2017, 11:48:48 AM |
|
I start to read more and more about Ethereum having problems with transaction speed due to a certain cat game.
I hope that many will agree that this is totally unacceptable. Wasn't one of the reason to invest in crypto supposedly reliable, fast transaction speeds? So a game makes people wait days for their transactions to go through? (
I have no intentions to shill for Stellar Lumens, but when I was trying to find a good alt coin, I learned that Stellar Network can handle one billion transactions simultaneously in less than a second for almost no cost (a fraction of a cent). IMHO this is the future, this is exactly how cryptos should behave:
People paying bills or in stores or transferring money worldwide and in an instant, the money has arrived.
I wanted to participate in an ICO where one would need to pay with Ethereum, but I now have decided to stay away from it only because of the transaction problems of Ethereum. This is certainly not the way the new crypto world should function. And bitcoin or Ethereum transactions have never been cheap at all.
If crypto will want to attract the masses, it has to be a cheap way of sending money and not a $4 price tag for a $10 transaction.
Coins like Stellar are the future, if you ask me. What is your opinion?
|
