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Author Topic: [2016-04-29] Living Room of Satoshi Sees Growing Usage of Ethereum  (Read 252 times)
jdebunt (OP)
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April 29, 2016, 09:39:25 AM
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Interestingly enough, most people use Living Room of Satoshi to pay their credit card bills with cryptocurrency. In second place are phone and internet, followed by electricity, gas, and rent. The usual suspects make up the top use cases for this platform, although consumers are starting to use the service to pay for just about anything they can these days

http://themerkle.com/living-room-of-satoshi-sees-growing-usage-of-ethereum/
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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April 29, 2016, 03:29:07 PM
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I'd be using Ethereum too, as in, getting rid of it. With it hovering above 7, and down over 50% from its former peak, perhaps people are merely dumping while the ability to sell still exists. The article also overlooks the fact that ETH was always intended to be a decentralized computing platform, and the tokens themselves used for their "DAPPS". With people dumping them on this service, it just shows a vote of "no confidence" in the system at large.

fortitudinem multis - catenum regit omnia
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