More importantly, Base58 is orders of magnitude slower than Base64/Base32/Base16 due to O(N^2) algorithms required to encode/decode it. Blockchain software is a

More importantly, Base58 is orders of magnitude slower than Base64/Base32/Base16 due to O(N^2) algorithms required to encode/decode it. Blockchain software is already trying to get rid of it. Adopting Base58 now would be shortsighted.