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1717d
DAMN!!!!!! Sending BCH is Lamborghini fast!
replied 1717d
To be fair, while BCH is fast for a PoW, there are technologies that are orders of magnitude faster. DAGs like Nano and BGP validators like Ripple confirm on-chain in *seconds*
replied 1717d
Please clarify for us.
replied 1717d
BGP Validators like XRP put trust in a set of m/c's owned by competing entities that are unlikely to trust each other. Decentralized, not 100% trustless. 1500tps, <5 sec , cost < $.01
replied 1717d
"packet-switchable, streamable money"
replied 1717d
Well, DAGs are sort of like UDP to other coins' TCP. They broadcast txns. Suffers from crazy re-orgs, and semi-centralized Oracles/witnesses. But Nano txns are literally free. 7000 tps
replied 1717d
"digital change, fast & cheap"
replied 1717d
Ah so it goes back to the old saying " you can have it better, faster or cheaper ...Pick two
replied 1717d
I think "private" is the specific "better" here. Design goals for private are very much in conflict with those for speed.
Barricade
replied 1717d
That's how Bitcoin is supossed to work.
replied 1717d
Yes it is!