Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by charcircuit on Monday February 08, 2021 @11:09AM
(#26066356)
It is solving the problem of scalability. For reference bitcoin can only handle like 5 transactions per second and ethereum like 20 transactions per second. In order to get global adoption of cryptocurrency we are going to need to scale to handle more transactions.
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Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by gbersac on Monday February 08, 2021 @11:40AM
(#26066793)
That being said, ETH 2.0 and bitcoin lightning will solve those problems without the need of polkadot.
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by RhodoGSA on Monday February 08, 2021 @06:16PM
(#26071671)
Dr. Gavin Wood and alot of the other Eth founders left eth cause sharding isn't going to work.
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by andreaorru on Wednesday February 10, 2021 @11:37PM
(#26098301)
How about optimistic and ZK rollups?
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by lm28469 on Monday February 08, 2021 @11:25AM
(#26066551)
I have a hard time getting excited for a product solving a problem Visa&co solved decades ago.
Re:Tesla buys $1.5B in Bitcoin, may accept it as payment in ...
by mercurial_sucks on Monday February 08, 2021 @01:16PM
(#26068029)
Decentralization, Scalability, Security
Rate Visa&Co vs ethereum 2.0 based on this.
The whole point is trustlessness