Quote from: BlindMayorBitcorn on February 15, 2016, 06:18:01 AM

Quote from: Gyrsur on February 15, 2016, 05:52:00 AM

Quote from: BlindMayorBitcorn on February 15, 2016, 05:13:06 AM

Is Blockstream working on one of those Turing complete scripting languages for smart contracts as a sidechain at all? Are they in competition with Ethereum?

imo, there is no need for a turing complete stack language for specialized use cases like smart contracts. this is bullshit and is coming from ethereum fanboys. security is the first target all other targets have to follow.

ethereum is a hype whithout a single proof in the wild so far.

I know it's all hype and speculators drooling over tokens, don't get me wrong. But what about autonomous agents, decentralized autonomous organizations, and the like? I imagine a scaling catastrophe. Could our block chain handle the capacity? Could our block chain do the right tricks?

what i have understand so far is the speed of the blockchain is to slow for decentralized computing in general for use cases where you have this generic approach like ethereum. it will take 5 to 10 years to have hardware which is able to handle such capacities.