Re:Can the Visa-Mastercard duopoly be broken?
by randomran01234 on Wednesday August 17, 2022 @08:19PM
(#32503602)
It's very possible that an EVM-compatible L2 eventually captures this space, or a subset of it.
Harder to imagine any L1 blockchain ever being able to reach the throughput needed without dramatic trade-offs in decentralization, censorship-resistance and security. At that point you might wonder how it would be any different than a centralized Visa or Mastercard network.
Harder to imagine any L1 blockchain ever being able to reach the throughput needed without dramatic trade-offs in decentralization, censorship-resistance and security. At that point you might wonder how it would be any different than a centralized Visa or Mastercard network.