Re:IPFS, Again
by sharperguy on Wednesday June 12, 2019 @08:19AM
(#20163770)
The problem with any alternative token transfer systems is that they either introduce additional points of centralization (hence attack vectors) or end up being significantly inferior to bitcoin in terms of scalability, reliability, testing and user base.
Also, why filecoin -at all- when siacoin exists and works already. Filecoin is vaporware.
Re:IPFS, Again
by dpacmittal on Wednesday June 12, 2019 @03:11AM
(#20162420)
I feel Nano is doing an outstanding job. It's what bitcoin was supposed to be.
The funny thing about every comment which positively mentions Nano is the writer invariably has zero idea what tradeoffs are made in the consensus protocol to make it faster. There are no free lunches in distributed systems which must contend with byzantine failures.
You've succinctly captured exactly how I feel when I hear people mention nano, so thank you for that.
Because it’s a lot easier to raise $300 million on a bit of hype selling your own coin.
(Also Bitcoin micropayments aren’t quite there yet, but I’m not sure any other truly decentralized cryptocurrency really is either)