Is any crypto truly scalable to a global scale? BTC, ETH, IOTA, DCR, PIVX...?

[cyberhacker]

what about raiblocks?

[noictib]

A whole host of questions that I feel are important. Any insights would be appreciated!

1. Can blockchain-based currencies really work with billions of users?
2. Will it become a choice between impractically expensive fees or impractically slow transaction confirmations?
3. Are the proposed plans for BTC and ETH scalability just short-term fixes that will eventually run into the same problems later on?
4. Are DAGs the solution?
5. How much time will IOTA transactions take if each user has to process their own share of the "tangle"? Can tiny IOT devices even handle such processing requirements?
6. Others have suggested that currencies such as DCR, PIVX or BURST solve the problem in different ways. If so, how?
7. Are there any other solutions?

Thanks

I don't think all the questions are really worthy to discuss but still I found some of your point much better for the discussion here , most likely one .
1) answer is Exactly no , because if any coin has the same technology like bitcoin have then it don't mean that the coin will give big impact in the market of the cryptocurrency and unlimited numbers of people will enter in that coin to make investment , As we can see there are many numbers of the coins which are having the same technology like bitcoin have but still jave progess not better .
2)I think the condition is already at this condition because if we will pay low fee then confirmation is low and if will pay high then confirmation will be faster , then i don't think any point needed to discuss at higher level about this .
3) This factor no oke Exactly can any one tell because all depend upon future only that what people will accept .
6) I don't think that single currency or particular numbers of the currency can solve the problem because they have not much better technology then what the king have ( bitcoin ) , so here Cryptocurrency other than bitcoin are for trading purpose only at the exchange.

[Fatoshi]

XTRABYTES solves any scalability issues as well as 51% attack but so called Hero members are still wetting their pants over ETH and cant see the future let alone the end of their noses.

[freebutcaged]

This is like asking every Visa user to run and maintain the whole Visa network on their own but we all know that's impossible, whatever we do we'll be needing

Some sort of trust point, a masternode to look up to, some kind of central node, look at how GitHub is functioning, a centralized company but providing us

All the open source internet we need.

[NostradamusJones]

Yes, Ripple XPR is.

[btcdee]

DAG (Direct Acyclic Graph) & Latice chains have solved the scalability problem. There is an amazing live Tangle Visualization of IOTA's chain which illustrates it's scaling:
http://iota.dance/live/ (interactive, zoom in)
https://tangle.blox.pm

[btcdee]

And now we have this, a new ledger architecture named Tempo which consists of three fundamental components:

-A networked cluster of nodes
-A global ledger database distributed across the nodes
-An algorithm for generating a cryptographically secure record of temporally ordered events.

See the new Radix announcement thread here:
https://bitcointalk.org/index.php?topic=1859022.msg22251066#msg22251066

[BeatriceARamos]

BTC and ETH are not really scalable and this has been proven. IOATA and others are used more often, we will understand this better. Byteball is basically a copy of IOTA (the author says IOTA has inspired him) with additional fees, minus the coordinator, minus the tests, minus the binary math, minus JINN processor, except for a non-profit science platform. If I'm wrong in criticizing Iota, will not need you, developer and founder of Iota, follow me on every btctalk topic, like a fart bad, and question my reputation, like me Give a shit about my rep or status on an internet forum

[SatoNatomato]

BTC and ETH are not really scalable and this has been proven. IOATA and others are used more often, we will understand this better. Byteball is basically a copy of IOTA (the author says IOTA has inspired him) with additional fees, minus the coordinator, minus the tests, minus the binary math, minus JINN processor, except for a non-profit science platform. If I'm wrong in criticizing Iota, will not need you, developer and founder of Iota, follow me on every btctalk topic, like a fart bad, and question my reputation, like me Give a shit about my rep or status on an internet forum

Lies and iota person wanting somebody else to buy his bag.

Byteball is not a copy, Byteball actually works and has a consensus algorithm. It is original. Author of iota CfB was FUDIng in the Byteball thread, and author of Byteball had to correct him like a small child.

Iota is a scam with central point of failure and Coordinator node.

[Mallyx]

Waves is implementing the Bitcoin NG protocol which allow thousand transactions per seconds, making it the world fastest blockchain (on-chain).

Stress test coming soon.

[zeroth]

Fuserleer, thanks again for the information. Are you able to provide any more details on how Radix works? The info on your website is pretty vague but are you deliberately keeping things secretive for now? If so, do you know when you'll start giving out more details?

We're filing some patents on the tech for defensive measures and so that we can build a business model around the tech in the private space.

It's taken much longer than anticipated however as we've had to fully educate the patent lawyers on the tech which is a journey unto itself.  Whilst that is underway I can't say anything revealing about the tech in a public environment before the filing date as it would enable public disclosure and the patents couldn't be filed.

The filing now has a hard deadline of 13th July...after which I can reveal all about the ledger / consensus tech we have developed.

It's frustrating I know, but if we want to continue developing the technology for use in the public space and enable a organization/foundation to have a long term revenue stream from the private sector it was necessary.

Just saw your new paper, looks very interesting

[Tekunda]

Stellar Lumens is the answer. One billion transactions simultaneously within a second and a fraction of a cent per transaction.
Why do you think IBM, Kik and Satoshipay partnered up with Stellar?

[Xylber]

I think almost any coin can be scalable, as long as the block size can keep all transactions.

[MISS_nSTASSY]

You know, almost everyone is talking about currencies that all community already know about. And this coins still havent got the lead position. Cuz each of it has its own problems. Not technical maybe. So I would like to answer your first question, TC.
There is one new coin that nobody doesnt know about. It has one of the lowest gains on ICO, but already has working blockchain. And this blockchain is the fastest blockchain ever, at this momet it is artificially limited by 300 000 transactions per second. I will not say what is this coin cuz I want to buy cheap when it enters exchanges But then all the community will get interested with this project