Post
Topic
Board Altcoin Discussion
Re: Why aren't you investing in a 2.0 platform?
by
Corepolitics
on 12/03/2016, 15:30:20 UTC
Sorry I haven't analyzed Counterparty. I am at the limit of altcoins that I can research. I need focus more on my own work. After studying dozens of altcoins from Stellar to Factom to Iota to Dash, etc and finding flaws in all of them, I am confident there is nothing out there that is doing block chain consensus in a way that can scale (to millions of users) decentralized, not even Monero.

Obviously Counterparty is built on Bitcoin's block chain so inherits the scalability issues plaguing Bitcoin.

EXACTLY !

That is a key point you said in relation to this topic subject.
And highlights a glaring and rapidly growing problem.

I looooong ago stopped caring about the tech side and dropped all my crypto related coding etc




IMO it's only recently we are starting to see a little bit of originality in the altcoin space.
The sad thing is, as you pointed out  many old-timers are too burnt out with what has been a  torrential downpour of copy paste shitcoins (basically litecoin forks) to spend any time analysing recent projects
I think it's a mistake because I believe the market is slowly finding it's legs in a maturation phase and recently few projects are emerging which actually cater to a genuine niche and it's unwise to totally ignore developments there, especially when real use cases are demonstrated and even external entities can appreciate the potential.