Ethereum is Copper, Graphene is Fiberoptic - Peerplays, Bitshares & Steem

in peerplays •  2 years ago  (edited)

Pshhhkkkkkkrrrr kakingkakingkakingtsh chchchchchchchcch ding ding ding

Ah, the beautiful sound of dial-up internet. We can now affectionately look back on this sound, smile, and be thankful that we no longer need worry that the telephone may ring while you download a song on Napster that you’ve been patiently waiting for, at a minimum, for 45 minutes, and be booted off your precious connection, causing you to lose all 4:56 of 5:10 you managed to download of your favourite tune.

Fast forward to today, and we have blazing speeds travelling over fiberoptic connections that allow for uploads, downloads, streaming & so much more simultaneously without so much as a blip, let alone a full shutdown in our daily lifeline.

In both scenarios, we are quite satisfied with what we have. In the dialup days, we were content with a call manager application that allowed us to deflect or accept phone calls while we were on the Internet. Today, we expect little to no delay of any process we complete online, no matter which device(s) we may be using.

Then came “high-speed” Internet, travelling over copper cabling, at speeds of roughly 1.5 - 20 mbps download. This was seen as a huge upgrade from dialup, and quickly became the new expected service. This service is still being used in many rural areas, as well as areas without access to fiberoptics, and is capable of handling the majority of what we throw at it today.. as long as nobody else is using the Internet in your building, or on your street. Copper has limitations to the amount that can be pushed over it’s network, and as our demands for speed and access increase, the less copper serves our demands.

Now, if given a choice between copper and fiberoptic speeds (100 mbps -1gbps downloads, and in many cases, even faster), people will choose the latter. Fiberoptic cables are future proof. Fiberoptic cables can push far more than we are currently using them for, and will be able to stand the test of our ever increasing demands as our technology improves and our needs and reliance for connectivity increase.

Now we have the blockchain. Again, there’s a satisfaction that comes with the technology being used in some of the most popular blockchains - it does what we need it to do, mostly, for the demand that it currently serves. What happens, however, when we get to the point of where copper Internet services are being compared to fibre optics? What happens when these blockchains can no longer keep up with our demands? The future proof blockchain answer is Graphene.

Graphene is able to push over 3,000 transactions/second, versus Ethereum, currently at 25 (generous estimation) transactions/second. It may seem overkill, however if you were to ask yourself ten years ago if 650 mbps speeds were necessary, you’d have likely said the same thing - overkill.

Where one is satisfying the current demand of our usage of blockchain technology, the other is the fiberoptic cable answer that will provide the framework for our future needs. Bitshares, Steem & Peerplays are three major players who have already taken advantage of the power of Graphene.

Peerplays is built on Graphene so that it can handle the transactions of the users that will soon be using the network - peer to peer - without slowdowns or limitations.

Peerplays is ready for the future, are you?

Contribute to the ICO before May 14 to get in on the future, and be on your way to earning profits in the hottest cryptocurrencies available! -------------------> https://www.peerplays.com

Reposted with permission from an opinion article written by Robyn Wilkie on LinkedIn - https://www.linkedin.com/pulse/ethereum-copper-graphene-fiberoptic-peerplays-bitshares-wilkie?published=t

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Lol guys :))
I do remember the dial up sound....

Peerplays was my first ICO I've participated in. Super excited.

Same! ^_^ Looking forward to that sweet retirement when it comes out :D

Same here. Super excited for their first apps to come out.

Thanks for a solid piece of history and informative technological updates! Good job, I wish I had loads of Steem to buy a bunch of Peerplay Tokens...
Namaste :)

How does one even purchase any PPY? (I started looking into it last night and am confused :) )

I used Steem to buy mine... I'm sure there are multiple possibilities but I wouldn't know. Sorry and good luck to you! Namaste :)

What I mean is, where do we "store it" ... there don't seem to be any wallets for PPY. Also 'where' did you use steem to buy PPY? on an exchange?? (thanks in advance)

Reminds me when I used to hear the modem on my lap top "dialing in" XD

I have contributed in the Peerplays ICO. The project looks promising.

Just bought my first peerplays tokens with

https://www.peerplays.com/crowdfund/

Time is running out, only 3 days left. Hurry!

Nice post

Super excited about Ethereum

very Informative post specially about Peerplays which is the world's first peer-to-peer betting platform,

Oh, the sound and speed of the dial up!

Yes the old day

I miss that dial up sound :)

Inaccurate. Graphene can do some things very well and very fast. Ethereum can do many other different​ things, not as fast. There is a place for both to thrive. Ethereum will be able to scale much further than it can today, providing a much different​ service than Graphene to many different​t clients.

Peerplays looks neat. Hope the ICO goes well.

Hi Kyle,
The only comparison I drew in the article was speed delivery, which would be accurate. I don't disagree that Ethereum has a place in the space, however in terms of speed, Graphene is king! - Robyn

Well yeah "speed delivery" whatever that is. Raw tps is where Graphene has flexed. Who knows though, a trustless version could run atop another platform too.

Dial up is going away? I will not submit.

Where do you find Graphene? Its not on the market cap list?

Graphene and Bitshares are the technologies that supports Steem and Peerplay. What you are looking for is the asset Bitshares. please read here: http://docs.bitshares.org/bitshares/whatis.html http://docs.bitshares.eu

Looks like I missed it. :(

Very infromative,

Give my thanks to Robyn Wilkie :)

And thanks so much for sharing this with us.

I've suddenly got some monies incoming, so I can invest some in peerplay (I did a double-take seeing some of my posts after HF19... Wow. Just regret not making more quality content just before it XP ).

Graphene technology sounds very interesting, know any good resources to learn more about it, maybe delve into how to create apps taking advantage of the systems built on it ?