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> We need to move on to something more modern like Ethereum, Stellar Lumens, etc. Those don't fix the fundamental problem of scaling a blockchain. Raiblocks is
by cup-of-tea 9y ago
> We need to move on to something more modern like Ethereum, Stellar Lumens, etc.
Those don't fix the fundamental problem of scaling a blockchain. Raiblocks is the only big one that I'm aware of which tries to address this.
I kept seeing things about third world countries using it and thought it was simply due to old-timers (in Bitcoin time that means 3-4 years ago) not realising that the block congestion and resulting fees had snuck up on them. They are even further from reality because most of them are "holding" Bitcoin rather than trying to use it. The authors of the article are clearly looking Bitcoin as what it was, or what it was designed for, rather than what it has become.