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>Once blockchain tech is understood by the masses, the sky (moon?) is truly the limit. Not really. Security via economic incentives is still shaky. Bitcoin c
by SkyMarshal 10y ago
>Once blockchain tech is understood by the masses, the sky (moon?) is truly the limit.
Not really. Security via economic incentives is still shaky. Bitcoin community is split, and Ethereum is still working out the kinks and has a high-risk move to PoS coming up soon. The tech is not remotely mature yet, and blockchain being better understood by the masses will have zero effect on that.
- _coldfire 10y ago>Bitcoin community is split Yet not even the advent of quantum computing with todays algorithms could undo a few hours of the Bitcoin blockchain. A bit too much credence is given to people arguing on the internet rather than the raw state of things. The sheer computing power of bitcoin is a marvel of the modern world. For all its problems I would say it has a long way to go yet unless the world solves the reality of a borderless economy.
- SkyMarshal 10y agoTrue, Bitcoin's historical ledger is pretty durable. The community split is more about its future. And I'm not referring to people arguing on internet forums, but about the split between Bitcoin's core developers and its biggest miner. One day such discord may actually be a good thing, but right now it is hindering basic fixes from being implemented.