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RE: Bitcoin Block Size Debate Causing Investors to Switch to Altcoins

in #bitcoin7 years ago

Pressure on the Bitcoin community to solve the scaling debate is a good thing. It leads to solutions eventually. I'm not sure whether the solution is found within the Bitcoin approach of Proof of Work or by other concepts like Proof of Stake (eg, Peercoin) or Proof of Importance (eg, NEM). Byteball is also an interesting new approach.

The process of solving these issues is inherently messy. It comes with a free market. So no worries about the shift into altcoins.

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