RE: Why Am I Such a Fan of DPOS Blockchains Like STEEM and BitShares?
Very well said. I wonder about the onramps most of all. If more exchanges don't pop up with alternate pairs outside of just BTC and if more fiat to cryptocurrency onramps don't support different currencies, it may take a while. I've heard rumors Coinbase may support various altcoins next year. If that happens, things could get really interesting.
I wasn't aware of uRaiden, I'll have to look into that. All I kept hearing about is how the ETH network was getting destroyed by digital kitties.
I've also been thinking about how much the "go green" narrative may hurt adoption for POW coins. I know ETH is planning on making a change at some point to POS, so that might really help them in the long run. I don't own many ETH at the moment. Something else I don't own much of is privacy coins like Monero. I may pick up some more of that as well.
The EU has one of the most interesting crypto debit cards with UQuid, who allow people to pay from their balance in 89 alt coins. I think as more regulation is finalised, and the main card issuers return to the scene, we will soon see those cards and subsequently also apps for direct p2p/b2c transitions.
I doubt we are very far away from more alt-coins adoption. Graphene chains will be very critical in that further propagation of alt coins because of their speed.
I can’t wait until locally I can just send SBD to each mom and pops store. At least all those in my walking range I got to accept mobile payments. With coins.ph. :D
That's very cool. I hope more countries follow along with stuff like that.
I was looking at that card the other day ( I was hoping they did a debit card)
A quick question (you have forgotten more than I will ever know!)
What would you suggest the best way to get my lite coin (or bitcoin if I change it) in to local currency (in thailand?)
(If you are not a us citizen), it seems a little difficult ( from the limited search I have done, before switching off)
Maybe I am being stupid... ( no surprise there).
If you know off the top of your head, ( I do not expect you to research it for me!) -point me in the right direction...?
Cheers
I have no experience there, sorry. Maybe bitspark.io?
no worries mate. cheers
Yes, POS will get a lot of love in 2018 as ETH, EOS, NEO hit. To be far EOS is DPOS and NEO is DBFT but there's no proof of work and massive amounts of energy (gigantic mining farms) involved like Bitcoin. There's also something else called collateralized mining that uses very low energy algo (POW) combined with staking (collateral) that was once on Dash's roadmap, which I believe will eventually happen on Dash's network. Yes, Coinbase is about to add a lot of new fiat pairs. I think this news alone will drive a massive alt rally and it will make the space much more robust as those alts would finally decouple from BTC. ViaBTC just added a Bitcoin Cash only exchange for alts. There's also a few more apps adding fiat exchange. Circle is coming back with fiat alt pairs and another one just cam online called Revolt. 2018 should be one hell of year for crypto but at some point things are going to get so crazy like in 99' it might take a year or so to cool off. I am positive prices of crypto will get way ahead of user adoption but I don't think we are close yet. Crypto could be one of those things that corrects 50% then makes another move higher even if we go into a massive bubble. I guess we'll find out.