boomboombazookajeff (OP)
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July 09, 2018, 07:38:49 AM |
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when you talk about cryptocurrencies it is so wide that it is hard to just narrow it down. speaking of Scaling, it depends on the project. for example a centralized altcoin can scale up to whatever level you want it to. just like VISA, Paypal,... are capable of processing a lot of transactions! so of course there are altcoins that are more scalable...
but when you talk about a decentralized cryptocurrency then you can not speak about scaling and not its decentralization because you have to scale it in a way that you don't harm the decentralization. in that case bitcoin is still on top. but i can see the potential in altcoins that are using DAG. they have been reported to be able to handle larger number of TPS but i personally don't have enough information about their pros and cons.
I probably should have narrowed it down into different categories. In terms of scaling, I think BTC will win it. However, I am also interested in smaller alts that are trying new approaches to scaling. As for centralized coins, I think that they can scale but I am uninterested in them since it requires trust in their leadership and I am not one for that. Do you have any coins that in mind that use DAG? I'd love to check them out.
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The source from which existing things derive their existence is also that to which they return at their destruction.
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boomboombazookajeff (OP)
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July 09, 2018, 07:40:13 AM |
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Lightning network will help to scale bitcoin to the levels of VISA, No other coins are needed to be store of value, Tokens are good for distributing the shares of crowdfunding projects and the blockchains like ethereum are good to launch these tokens. Most of the coins able to scale are either centralized or scam ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I agree with your last point. Are there any new takes on decentralized scaling for smaller alts?
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The source from which existing things derive their existence is also that to which they return at their destruction.
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VanDeinsberg12
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July 09, 2018, 08:02:17 AM |
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when you talk about cryptocurrencies it is so wide that it is hard to just narrow it down. speaking of Scaling, it depends on the project. for example a centralized altcoin can scale up to whatever level you want it to. just like VISA, Paypal,... are capable of processing a lot of transactions! so of course there are altcoins that are more scalable...
but when you talk about a decentralized cryptocurrency then you can not speak about scaling and not its decentralization because you have to scale it in a way that you don't harm the decentralization. in that case bitcoin is still on top. but i can see the potential in altcoins that are using DAG. they have been reported to be able to handle larger number of TPS but i personally don't have enough information about their pros and cons.
I probably should have narrowed it down into different categories. In terms of scaling, I think BTC will win it. However, I am also interested in smaller alts that are trying new approaches to scaling. As for centralized coins, I think that they can scale but I am uninterested in them since it requires trust in their leadership and I am not one for that. Do you have any coins that in mind that use DAG? I'd love to check them out. Byteball (first DAG), IOTA, and NANO. But in fact it doesn't really important about how scalable the blockchain is. The only important thing about how useful the blockchain for the community. There is a lot of things that need to be considered as important things such as security, immutability and many more.
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lenini
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July 09, 2018, 08:23:52 AM |
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I would call IOTA, the first crypt without blockchain using the The Tangle architecture, which provides endless scalability and free transactions.
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karthcrypt
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July 09, 2018, 08:30:24 AM |
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Scaling is a big issue for cryptocurrency. Regardless of wonderful technology that is opening up possibilities for better way of doing things in every area of our lives, if these coin can not accommodate as many people as possible then it benefits the limited few. Ethereum is the next candidate for better scaling crypto. Pos mining is in the pipeline and that when it happens will be the biggest achievement as far as scaling is concern!
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boomboombazookajeff (OP)
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July 09, 2018, 08:36:48 AM |
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when you talk about cryptocurrencies it is so wide that it is hard to just narrow it down. speaking of Scaling, it depends on the project. for example a centralized altcoin can scale up to whatever level you want it to. just like VISA, Paypal,... are capable of processing a lot of transactions! so of course there are altcoins that are more scalable...
but when you talk about a decentralized cryptocurrency then you can not speak about scaling and not its decentralization because you have to scale it in a way that you don't harm the decentralization. in that case bitcoin is still on top. but i can see the potential in altcoins that are using DAG. they have been reported to be able to handle larger number of TPS but i personally don't have enough information about their pros and cons.
I probably should have narrowed it down into different categories. In terms of scaling, I think BTC will win it. However, I am also interested in smaller alts that are trying new approaches to scaling. As for centralized coins, I think that they can scale but I am uninterested in them since it requires trust in their leadership and I am not one for that. Do you have any coins that in mind that use DAG? I'd love to check them out. Byteball (first DAG), IOTA, and NANO. But in fact it doesn't really important about how scalable the blockchain is. The only important thing about how useful the blockchain for the community. There is a lot of things that need to be considered as important things such as security, immutability and many more. True. If you don't have a use, there is no reason for scalability. However, I think that looking at their attempts can foster more development into other coins as they could use these novel ideas for testing their own concepts. Byteball has interested me for a while but I am not so sure about the other two.
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The source from which existing things derive their existence is also that to which they return at their destruction.
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capn
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July 09, 2018, 10:52:34 AM |
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For me it is obvious that most scalable are those, which are having smaller in comparsion supply size and also those which are more demanded, like the top ones, with 18 decimals included.
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jonloner011
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July 09, 2018, 02:11:18 PM |
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From my perception among all the altcoins the ethereum is the most scalable. It has a great potential and people can relie on it.
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DavidCallahan
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July 10, 2018, 05:07:41 AM |
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I think After btc we can invest in ETH because it has good value in the market also this coins are offering good tech or innovative tech to their customers also it creating good value in the market based on this its also profitable.
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kkaroul4
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July 10, 2018, 05:12:06 AM |
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From my perception among all the altcoins the ethereum is the most scalable. It has a great potential and people can relie on it.
it is true that you say that the ethereum has such great potential as bitcoin. so the biggest coin among the coins in altcoin ya ethereum it
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SeXy
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July 10, 2018, 10:46:43 AM |
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People should cognize, thither isn't whatever block amount cock-a-hoop sufficiency to control each the conveyance seascape from 7000000000 people.
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allthebitandbobs
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July 10, 2018, 10:54:52 AM |
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waves is pretty scalebale .Fast low fees and has no problem with lots of transactions
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paxmao
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July 10, 2018, 11:05:28 AM |
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Clearly NEO is one of the most scalable coins. The transaction throughput and the consensus reached on PoS make it a really powerful tool for the future. Recently it made an expansion to further decentralize the nodes with excellent results.
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boomboombazookajeff (OP)
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July 10, 2018, 04:21:48 PM |
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Well, Neo is scalable because it is centralized which I don't think is a good thing for crypto. Not sure about waves. Care to enlighten?
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The source from which existing things derive their existence is also that to which they return at their destruction.
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DanyJr
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July 11, 2018, 07:57:49 AM |
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Bitcoin is the first coin in this market of crypto currency and it is the leader of the market. The market is known by bitcoin. Bitcoin is also superior to others in terms of scalability and that’s why it is popular and reliable. There are other coins who are trying to adopt different technology to increase the scalability of transaction.
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boomboombazookajeff (OP)
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July 12, 2018, 05:41:27 AM |
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Bitcoin is the first coin in this market of crypto currency and it is the leader of the market. The market is known by bitcoin. Bitcoin is also superior to others in terms of scalability and that’s why it is popular and reliable. There are other coins who are trying to adopt different technology to increase the scalability of transaction.
see first post in this thread.
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The source from which existing things derive their existence is also that to which they return at their destruction.
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blazsqd
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July 19, 2018, 07:16:50 PM |
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Ethereum is the biggest altcoin in my opinion. With a fairly high price, a team, and a good project. Ethereum also has good growth and so now many people are investing, what else is long term investment.
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K_rock
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July 29, 2018, 04:39:15 PM |
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I think ethereum will remain the best altcoin for long period of time I have not seen other altcoin prices that can match ethereum
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