You are viewing a single comment's thread from:

RE: ASIC, The Ticking Bomb Of Proof Of Work Blockchains (Bitcoin, Monero...)

in #bitcoin6 years ago

While I disagree when Bitcoin maximalists say, "There will be only one chain", I think there is a kernel of truth there.

Power laws matter. But I think that will be within the various blockchains, which each offer different value propositions.

Specifically, I expect to see one main Monero chain (whichever that ends up being) taking up the vast majority of value, with the others eventually falling to less than 20% combined...similar to how BCH is currently only 10% the value of BTC.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 65688.41
ETH 3444.44
USDT 1.00
SBD 2.64