3 ms·
I don't think there's any point or future in the forks that simply change the block size or other similar parameters when the Lightning Network [0] exists (i.e.
by Laaas 4y ago
I don't think there's any point or future in the forks that simply change the block size or other similar parameters when the Lightning Network [0] exists (i.e. state channels).
In fact, I can't think of a better choice than Bitcoin. All PoS blockchains I know of are fundamentally broken in at least one way (however that might change with [1]), Bitcoin is good enough for payments, and the alternatives that support smart contracts usually utilise a broken ledger model (account model [2]).
The remaining blockchains are very niche, hence there isn't any viable alternative to Bitcoin AFAICT.
Disclaimer: I work with Cardano
[0] https://en.wikipedia.org/wiki/Lightning_Network https://en.wikipedia.org/wiki/Lightning_Network
[1] https://eprint.iacr.org/2022/1448 https://eprint.iacr.org/2022/1448
[2} https://iohk.io/en/research/library/papers/chimeric-ledgers-translating-and-unifying-utxo-based-and-account-based-cryptocurrencies/ https://iohk.io/en/research/library/papers/chimeric-ledgers-..., https://iohk.io/en/research/library/papers/utxo-vs-account-based-smart-contract-blockchain-programming-paradigms/ https://iohk.io/en/research/library/papers/utxo-vs-account-b..., if you want to know about the differences