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I have underlying concerns about forks in that it can be easy to fork and then hard to maintain - primarily because the level of knowledge required to fork a pr
by BLKNSLVR 5y ago
I have underlying concerns about forks in that it can be easy to fork and then hard to maintain - primarily because the level of knowledge required to fork a project is (or can be) much lower than that required to actually improve it, or fix it, or evolve it.
- What have they changed to keep fees lower? Is it just a factor of fewer users (Ethereum's gas fees are a result of the adoption of Ethereum, essentially it's a victim of its own success)
- Is it remaining proof of work? Will it also eventually need to transition to PoS if and when it reaches Ethereum-level popularity / congestion?
- Is it implementing sharding?
- How will it compete with Ethereum's fairly significant decentralisation? (one of the aspects of Ethereum that makes it an unlikely target of the SEC)
Fundamentally, how intimately do Pulsechain's developers understand Ethereum in order to make a better version?
(I've heard the 'scam' and Hex used together frequently, although admittedly that's on Reddit and Youtube, and in the cryptocurrency-sphere pretty much every project gets used together frequently with the word 'scam' - to such an extent that "assume scam" is probably sage advice).
- jrm4 5y agoFor sure. I'm still wrapping my head around the tech, but they're saying Decentralized Proof of Stake which sounds like it theoretically takes care of sharding, PoS et al. FWIW, I'm strongly convinced that Richard Heart is not a scammer, inasmuch as I do believe his intent is not to make himself rich (which I believe he already is) but to "make the best cryptocurrency." Whether it works or ends up that way is, of course, another story. Dogecoin being perhaps the best example of "what the creator wants might not matter." (Compare to Elon Musk, who is obviously screwing around with crypto to make himself richer.)