Steem EOS Bitshares are Going for All on their Segments - Soon Going to be Processing most of the Blockchain Transactions
Blocktivity shows that Steem, the social network and Dapps blockchain is together with BTS and EOS, producing the most activity of all blockchains together.
Its a matter of weeks until EOS will gain number 3 position, surpassing ETH.
Its @dan Larimer genious DPOS algorithm the way of the present/future for blockchain, and thus the new world order for the internet of decentralization. Better disrupting infrastructure to secure life, property and liberty, what @dan envisions.
Its amazing to be here now and part of all this changes the world will start taking advantage of.
All this centralized monopoly companies will start dissapearing and in exchange people will have participation on DACs, and on decentralized companies. This means companies will be owned by unlimited number of people and their outcome will be decided by many more people, and contracts will be executed via software. Things will be less arbitrary and more objective thanks to this real world use technologies.
What are your thoughts on this crypto revolution that is coming to improve the living condition of millions of people around the globe?
Hope you enjoy reading.
Regards, @gold84
DISCLAIMER
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This shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money investing in crypto currencies. The information above is for educational and entertainment purposes only.
I think this will be a catalyst that will start to make price movements differ from Bitcoin and other large assets. The future is great given that capacity is not an issue which could lead to adoption which is the other issue when evaluating most blockchains now.
My feeling is that there is no crypto out of the scalability woods at this stage. Steem witnesses are still throwing RAM at the problem. It may be less than a year before the required RAM exceeds server hardware capabilities. If a solution is not found we will see a series of servers configured to load balance their traffic in order to run a witness node, the overhead of which will make witnessing somewhat of a closed club.
Until scalability is dealt with (on all blockchains) then crypto will remain lacking in mainstream adoption, in my opinion.
DPOS is a great experiment on how to speed up transactions yet looking at conflicts of interests, with top 20 witnesses running voting bots for example, for me the jury is still out on Proof of Stake governance.
If the choice were mine to make it would be with scalable Proof of Work coins.