with the rise of eth why is vnl needed now
eth is bloated as hell, 1.7 GB (vnl is 350 Mo after one year) after 2 months, 500 confirms, it is barely functionnal in real world imo. Well, it tries to innovate, i have nothing against it, but the fundamentals are questionnable. Look at nxt, lots of hype at release, then only drop and drop...same speech, eth/nxt are not coins but tokens/gas. It's nice and all, but without a killer app, it doesn't work that well. Vnl is like a nokia 3310 on steroids, it has a simple purpose, solve all bitcoin problems, tx speed, scalability and anonimity and it'll probably be the best at doing it in a simple elegant way a always.
A 12 second block time will only scale on private lans. 64 seconds is the best you can propagate blocks on the public internet before they become backed up.
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