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RE: The Evolution of Blockchain has just begun. The path to trillion dollar protocol currencies.

in #cryptocurrency7 years ago

Currently my favorite is steem blockchain because it's blessing me daily.

Recently I read and wrotrle about directed acyclic graph
and how it could replace blockchain in the future

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Steem is only one that requires no direct financial investment to earn crypto. Only one has to invest time.

Smartcash is earnabble without direct capital, via its outreach programs

I am very wary of such projects claiming to "replace" blockchain. Blockchain is such a massive break through in computer science and economics, its a giant leap forward. IOTA being the one I most concerned about. What benefit would one gain over a fast, scalable, low cost, 100% consensus blockchain? Ethereum is launching a project called uRaiden in next few weeks that can do near free low cost transaction off chain for IOT and other micro payment use cases.

I am open to other concepts besides blockchain but unless the benefits to using something else are just so massive it will most likely be hard to gain traction. Blockchain will scale and be incredibly low cost in future. Its a proven secure consensus model. Putting billions and eventually trillions online this is by far moat important to have best security proven standards.

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