Quote from: Asadali569 on September 21, 2018, 06:52:49 AM

Quote from: Dig Bicks on September 05, 2018, 10:33:06 PM

Quote from: cellard on September 05, 2018, 06:09:21 PM

Quote from: BALIK on August 28, 2018, 12:35:58 PM

I definitely think that proof-of-work is going to be phased out soon, though proof-of-stake isn't much better, they all require specialist hardware in order to run their networks, which is not something we should implement for later generation blockchains, a waste of energy can't be the best way to secure a blockchain. I notice that the major blockchains are starting to shift towards POS as it's definitely more environmentally friendly than POW, but it also increases centralization and the risk of a vector based attack so we should look for even better alternatives in future.

No way. There are exactly 0, zero other coins out there that can outperform Bitcoin's pure PoW approach specially as a store of value, and probably not any of these other projects, be it PoS, or any of the more exotic variations, may not deliver a better solution than a second layer solution on top of Bitcoin's POW blockchain when it comes to day to day payments.

Some are trying hard and they will basically be competing against Bitcoin's LN. Will you trust their project above LN to pay for a coffee? will you even bother going into another token at all? that we'll have to see.

Lets not get too complacent. I remember a time when myspace was the dominant social platform, I remember a time when VHS was the preferred media format, I remember a time when the simpsons was still a good show.

The point is lets not pretend that a new coin won't come along in the future and dethrone bitcoin.

I strongly believe that some other coin will dethrone bitcoin sooner or later. It might not actually dethrone it but its impact night greatly impact the value of bitcoin negatively.

All of us are waiting for the SEC to allow ETF. If this happens, bitcoin will become the most liquid crypto currency in the world.
Most of the asics continue to be produced for the bitcoin algorithm.
Competitors:
The ethereum has a lot of problems because of the huge number of tokens, and the process of releasing new updates is constantly postponed.
Ripple was recognized by SEC as securities. Against Ripple filed a class action.
About the TON of little news lately.
I do not understand what crypto currency will be able to take 1 place