3 ms·
> The whole network has only 21x redundancy in it, and there is no proof of work. Ethereum currently has Nx redundancy, where N is the number of nodes, and nod
by splintercell 9y ago
> The whole network has only 21x redundancy in it, and there is no proof of work. Ethereum currently has Nx redundancy, where N is the number of nodes, and nodes are supposed to be as small as laptops.
Interesting. I have (one of the) standards by which I judge cryptocurrencies and that is, if tomorrow USD (or any major currency of a western country) is marred by hyperinflation, which currency is capable of allowing people to continue business as usual (of their consumer spending).
So far, no cryptocurrency is capable of doing that, and the most promising in this aspect were Ethereum's raiden network and IOTA (EOS wasn't even on my radar btw).