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> Ethereum is a far better coin for all practical purposes. Pretty sure Ethereum scaling as a currency is even worse that bitcoin. Ethereum has some very inte

> Ethereum is a far better coin for all practical purposes. Pretty sure Ethereum scaling as a currency is even worse that bitcoin. Ethereum has some very interesting features, but performance is not one of them.

chrisco255 6y ago
Yes, it is, thanks to Zero Knowledge proofs (and shards in the future), Ethereum will scale to 200K TPS (with proof of stake running 99.98% more efficiently than PoW: https://medium.com/starkware/on-the-road-to-starknet-a-permissionless-stark-powered-l2-zk-rollup-83be53640880 https://medium.com/starkware/on-the-road-to-starknet-a-permi... https://medium.com/matter-labs/zksync-2-0-roadmap-update-zkevm-testnet-in-may-mainnet-in-august-379c66995021 https://medium.com/matter-labs/zksync-2-0-roadmap-update-zke...
- DemocracyFTW 6y ago
  > Zero Knowledge proofs there's lots of that stuff on the internet to be sure
- ric2b 6y ago
  > Yes, it is > will
  - chrisco255 6y ago
    There are some zkRollups already live: https://loopring.org/#/ https://loopring.org/#/ and https://zksync.io/ https://zksync.io/ They are currently capable of 2K - 10K TPS, which is substantial. But with sharding they'll achieve 200K TPS.
sprafa 6y ago
The team behind ETH has proven itself to be adaptable. I haven't seen a single issue they haven't at least tried to solve. I expect them to get better. The Bitcoin Core team is basically not a factor anymore.
- doomroot 6y ago
  Bitcoin is far and above the most scalable cryptocurrency. It just might not be scaling the things you care about.
  - sprafa 6y ago
    scalable how? define scalable
imtringued 6y ago
Ethereum processes more transactions per day than Bitcoin. It offers more features. It consumes less power. It's pretty much superior to Bitcoin in every aspect. It would make more sense to run all Bitcoin transactions on Ethereum.
sizzle 6y ago
Can you tell me anything about Bancor or bnt that a friend was shilling to me. Is this an altcoin? How do altcoins derive value or are they pretty much considered high risk/high reward gambling?
- chrisco255 6y ago
  Bancor is an AMM (automated market maker) exchange. It is a decentralized exchange for trading tokens. Bancor as a protocol earns fees on every trade (just like Coinbase or Binance). It's one of the most popular AMMs and pulls in about $130K per day in fees: https://cryptofees.info/ https://cryptofees.info/

chrisco255 6y ago

Yes, it is, thanks to Zero Knowledge proofs (and shards in the future), Ethereum will scale to 200K TPS (with proof of stake running 99.98% more efficiently than PoW: https://medium.com/starkware/on-the-road-to-starknet-a-permissionless-stark-powered-l2-zk-rollup-83be53640880 https://medium.com/starkware/on-the-road-to-starknet-a-permi... https://medium.com/matter-labs/zksync-2-0-roadmap-update-zkevm-testnet-in-may-mainnet-in-august-379c66995021 https://medium.com/matter-labs/zksync-2-0-roadmap-update-zke...

DemocracyFTW 6y ago
> Zero Knowledge proofs there's lots of that stuff on the internet to be sure
ric2b 6y ago
> Yes, it is > will
- chrisco255 6y ago
  There are some zkRollups already live: https://loopring.org/#/ https://loopring.org/#/ and https://zksync.io/ https://zksync.io/ They are currently capable of 2K - 10K TPS, which is substantial. But with sharding they'll achieve 200K TPS.

sprafa 6y ago

The team behind ETH has proven itself to be adaptable. I haven't seen a single issue they haven't at least tried to solve. I expect them to get better. The Bitcoin Core team is basically not a factor anymore.

doomroot 6y ago
Bitcoin is far and above the most scalable cryptocurrency. It just might not be scaling the things you care about.
- sprafa 6y ago
  scalable how? define scalable

imtringued 6y ago

Ethereum processes more transactions per day than Bitcoin. It offers more features. It consumes less power. It's pretty much superior to Bitcoin in every aspect. It would make more sense to run all Bitcoin transactions on Ethereum.

sizzle 6y ago

Can you tell me anything about Bancor or bnt that a friend was shilling to me. Is this an altcoin? How do altcoins derive value or are they pretty much considered high risk/high reward gambling?

chrisco255 6y ago
Bancor is an AMM (automated market maker) exchange. It is a decentralized exchange for trading tokens. Bancor as a protocol earns fees on every trade (just like Coinbase or Binance). It's one of the most popular AMMs and pulls in about $130K per day in fees: https://cryptofees.info/ https://cryptofees.info/