Post
Topic
Board Altcoin Discussion
Re: What 2.0 Currency will be the most successful?
by
wingspan
on 05/10/2015, 20:11:20 UTC
Not when your original announcement clearly explains
exactly what you have invented (including its limitations)
and what that implies for the future product line specs
and your testing program is an open book for all to observe progress toward that spec.

this video https://www.youtube.com/watch?v=bBlAVeVFWFM implies very clearly that Bitshares can do 100K TPS "conservatively" in the real world right away.  Now Bitshares is saying 100 TPS is the max it can handle in the real world....hoping for soft fork improvements later.

Let's take a step back and focus on the big picture.

We really need a crypto that meets these general conditions:

  • 100% decentralized: can not be controlled except by the majority of the public.
  • Has a stable price.
  • Is secure (supports 2FA), easy (like a credit card) and cheap (nearly free).
  • Does not waste energy or resources.
  • Is as private as a user wants.
  • Fair distribution opportunities - no insider advantage before nor after launch. Everyone is rewarded in proportion for the work performed and the money risked.
  • Will have capacity to replace all fiat transactions (sustain 100K TPS) whenever needed.
  • Has strong evidence of the above via long-running global test, whitepapers, and code reviews.

Please don't launch a Crypto until you've met these conditions.