A few thoughts over current cryptocurrency world - Bitcoin, possible flippening and tanglesteemCreated with Sketch.

in #cryptocurrency7 years ago

There is nothing to be done no more

Bitcoin won't get it's problems solved neither by SegWit, nor by SegWit2x, nor even by Lightning Network. That is because there is a better technology that makes Lightning Network - which we believe is very good technology by the way - obsolete: the tangle. Also, even if people keep using it, when it valorizes, fees also get higher. It is impossible to follow. It makes Bitcoin get smashed on its own weight. That does not happen with IOTA

It is useless to resist - it is going to eat it all


EDUARDO CAPANEMA
@bitworkers

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With wealth pouring into cryptocurrency at an increasing pace, the concept of fees becomes more pronounced. While micro fees will not bother anyone, if fees cannot be adjusted to price rises and/or exceed $1 per payment, the coins with a 'no fees' structuring will get a lot of attention.

Enter: IOTA and Railblocks.

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