Iota has also released a post about their research on secure private transactions, they said they will have an Iota token mixer released after a security audit. It confuses me how the price of Iota seems to drop whenever what I count as positive news gets released.
I am a big believer in ETH taking over as #1 currency and smart contracts platform in world. Just look at ETH daily transactions are exploding over Bitcoin. Sub penny fees, 13 sec block times with 1st hybrid release of POS coming Casper will be applied and as mentioned above, every 100th block will be mined via proof of stake. This updated will come in the next Metro fork that is likely to be 3 months away.
Additionally, EOS will be releasing test net in 4 weeks. EOS will be able handle 1 million transactions per second making the ideal high transactional platform for Social Media apps such as Facebook, Twitter. I expect Steemit to integrate with EOS in time. We are talking super fast lightening speed decentralized transactions. While many financial apps would not require such speeds there is certain use cases where speed is everything. The landscape of Blockchain is about to drastically change. 1 hour block times with every increasing fees like Bitcoin has with no user friendly features like Dash will have in Evolution. Give it 6 months and everything will be different. There's tons of competition coming with Alts that have specialized use cases that will outperform. Best tech always wins out. I am not against Bitcoin as store of value gold like currency but if there's going to be all these other coins that do things better in time it eats away at Bitcoin market share. Myspace was massive before Facebook ate its lunch. I am just not sure why users are going to pay massive transaction fees (set up lightening accounts off chain) and not have fully integrated system that's easy to use that can do so much more. Currency is only one function there's so much more builder currencies can do like ETH, NEO and EOS (for high performance) Not to rant but few will use blockchain apps or currencies if it does not look and feel just like centralized apps they are already use to.
Looks that the big investing whale money is coming exclusively to BTC and is creating a momentary unbalance
Lovely video sharing with bircoin analysis
Iota has also released a post about their research on secure private transactions, they said they will have an Iota token mixer released after a security audit. It confuses me how the price of Iota seems to drop whenever what I count as positive news gets released.
I am a big believer in ETH taking over as #1 currency and smart contracts platform in world. Just look at ETH daily transactions are exploding over Bitcoin. Sub penny fees, 13 sec block times with 1st hybrid release of POS coming Casper will be applied and as mentioned above, every 100th block will be mined via proof of stake. This updated will come in the next Metro fork that is likely to be 3 months away.
Additionally, EOS will be releasing test net in 4 weeks. EOS will be able handle 1 million transactions per second making the ideal high transactional platform for Social Media apps such as Facebook, Twitter. I expect Steemit to integrate with EOS in time. We are talking super fast lightening speed decentralized transactions. While many financial apps would not require such speeds there is certain use cases where speed is everything. The landscape of Blockchain is about to drastically change. 1 hour block times with every increasing fees like Bitcoin has with no user friendly features like Dash will have in Evolution. Give it 6 months and everything will be different. There's tons of competition coming with Alts that have specialized use cases that will outperform. Best tech always wins out. I am not against Bitcoin as store of value gold like currency but if there's going to be all these other coins that do things better in time it eats away at Bitcoin market share. Myspace was massive before Facebook ate its lunch. I am just not sure why users are going to pay massive transaction fees (set up lightening accounts off chain) and not have fully integrated system that's easy to use that can do so much more. Currency is only one function there's so much more builder currencies can do like ETH, NEO and EOS (for high performance) Not to rant but few will use blockchain apps or currencies if it does not look and feel just like centralized apps they are already use to.