2 ms·
I disagree with the characterization of magical. Ethereum is already having issues with scaling (e.g. low amount of TXs per second and non-trivial fees). Plus,
by QML 9y ago
I disagree with the characterization of magical. Ethereum is already having issues with scaling (e.g. low amount of TXs per second and non-trivial fees). Plus, everytime you interact with an ERC-20 coin, you have to pay the fee in ether.
I'm not saying these ideas aren't cool, but implementation of them sucks. If you look at the Kodakcoin, it seems the Kodak name is only being used and the company itself isn't involved in the project.
“This is a WENN digital currency,” Kodak said in a statement. “Eastman Kodak Company will not be an issuer of the ICO, will not receive proceeds on the ICO.”
"Today Kodak and WENN Digital, in a licensing partnership, announced the launch of the KODAKOneimage rights management platform and KODAKCoin,... WENN Digital, in partnership with Kodak, is the creator of the KODAKOne platform and the KODAKCoin cryptocurrency." [2]
[1] https://www.marketwatch.com/story/kodak-boards-the-blockchain-bandwagon-2018-01-09 https://www.marketwatch.com/story/kodak-boards-the-blockchai...
[2] https://www.marketwatch.com/story/kodak-and-wenn-digital-partner-to-launch-major-blockchain-initiative-and-cryptocurrency-2018-01-09 https://www.marketwatch.com/story/kodak-and-wenn-digital-par...