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I’m not sure why so many people ignore that Bitcoin and all other serious cryptocurrencies are focused on their next generation scalability improvements. Severa
by mrgordon 9y ago
I’m not sure why so many people ignore that Bitcoin and all other serious cryptocurrencies are focused on their next generation scalability improvements. Several of the most viable blockchains like EOS are built to be scalable and the legacy coins like Bitcoin are working to adopt similar ideas. When the entire 2018 roadmap is about scalability, it gets boring reading these same posts about how it’s too slow and doesn’t scale without any reference to their work in progress.
- Jasper_ 9y agoBecause the whole 2016 roadmap and the whole 2017 roadmap was also about scalability. All they've done so far is throw their hands up and say "it's a really hard problem trust us guys". And nobody has shown any sort of traction on a solution: the developers admitted Lightning Network won't solve scalability concerns. Some people are getting a little tired of the pony show.
- mrgordon 9y agoThen people will move to Ethereum and EOS (or whatever competing blockchains get scalability first). With interoperability of blockchains, transactions can be done on alt blockchains that are cheap and fast instead of on the Bitcoin chain.
- joeschmoecad 9y agothis. it's like calling Twitter/Facebook a failure when they were scaling up to meet demand. So many people are trying to use Bitcoin that it is overloaded (Coinbase is the #1 app in the AppStore btw) - what a great problem to have!