I just finished watching this video.
https://www.youtube.com/watch?v=O1Yo8bt8JAUAt 10:30, Blythe Masters asks very good questions, these are requirements that the winning blockchain would need to have.
Can the blockchain accomodate volumes and values of financial assets that are measured in gigantic numbers?
Can consensus mechanism survive concerted attacks?
Can the blockchain, including it's layers, handle thousands and thousands of tx's per second?
Can privacy be appropriately maintained?
Who is going to be processing and ensuring the validity of these transactions? Can we know who they are? Can we do know your vendor process on those transaction processors so we can meet regulatory obligations?
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I think these are good questions to ask. Do you think Bitcoin will have these characteristics?
