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RE: Dan Larimer Commands 67.6% of all Blockchain Activity: Steem & Bitshares Dominate
The transaction capacity rate of the STEEM-BitShares-EOS-,etc. networks so far overshadows the older blockchains as to make one wonder why their market caps still show them to be incredibly undervalued, and while the deprecation of the central exchanges in favor of decentralization would point to fostering longevity of those older blockchains, they're still subject to the serious bandwidth limits I imagine will prove their demise if they can't find technical hacks to avoid this oncoming senescence.
I'm sure they'll find much longer lives as exchange tokens, stores of wealth, investment strategies, etc. than the technical revolutions they brought just a few years ago.
so true. stores of wealth is the perfect term for many of these coins. So few can handle the increased number of transactions which will come with massive everyday use. I think this point is often overlooked because such a small percentage of the population is actually using cryptocurrency on a regular basis.