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Author Topic: Taming Giants: Scaling Blockchain Currencies with Lightning and Plasma  (Read 358 times)

sabrina8089

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Intro Scaling Blockchain Currencies
Cryptocurrencies can't trade thousands of transactioins per second like the big names in the financial world, and they will need to scale to that level sooner than people think. Regardless of which cryptocurrencies you follow, there needs to be a plan to avoid bogged down transaction times. Both Bitcoin and Ethereum developers want a solution to allow these speeds, like Visa and other big financial wheelhouses that already handle this levels. Let's go over the biggest currently proposed solutions.

Read more here:
https://www.coinstaker.com/taming-giants-scaling-blockchain-currencies-lightning-plasma/

riskthebiscuit

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Re: Taming Giants: Scaling Blockchain Currencies with Lightning and Plasma
« Reply #1 on: September 18, 2017, 01:08:19 PM »
That is certainly one underlying problem with Bitcoin and some alts. But as we have seen over time Bitcoin generally solves the problem it has (like it did here

the past August). For the future I am not worried, and think they will also solve the scaling problems had. Who knows bitcoin may not be the day to day coin

that is used for transactions. There may just be a faster one like Ethereum or Byteball or anonymous coin that sends much faster than those two.

 

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