Re:Why I have zero faith in crypto venture capitalists
by wyck on Monday June 14, 2021 @05:22PM
(#27508473)
> Except that's not clear at all.
Well it is when you realize the main feature of crypto is a decentralized bank and not a centralized one. A concept which makes it truly revolutionary in the time scale of humans using banks, but also very challenging as a technology.
The speed and security is constantly being worked on, there are other protocols like Solana which has a peak of 65k transactions per second.
Crypto is still a baby, saying it's slow short sighted to say the least.
Well it is when you realize the main feature of crypto is a decentralized bank and not a centralized one. A concept which makes it truly revolutionary in the time scale of humans using banks, but also very challenging as a technology.
The speed and security is constantly being worked on, there are other protocols like Solana which has a peak of 65k transactions per second.
Crypto is still a baby, saying it's slow short sighted to say the least.