Post
Topic
Board Altcoin Discussion
Re: The Ultimate Blockchain?
by
Abiky
on 12/12/2019, 23:34:40 UTC
You could also add smart contracts to the list of "features".

About an "ultimate blockchain".. I don't know. Humans do like variation. Some don't care that Bitcoin is only pseudo-anonymous (and making it truly anonymous may give reasons for banning it). Some care only about smart contracts, others not at all. And (unfortunately) the huge majority only cares of which one of these gives better investment returns.

Crypto is not as mature as we'd like to believe. Maybe the time for "ultimate blockchain(s)" will come in the future. Until them, let them compete and prove their value (and fix their weaknesses).

Yes. Smart contracts are a must these days for most Blockchain networks. An ultimate Blockchain would need to adopt this feature, as well as, privacy solutions, to rival Bitcoin in the future. But I guess that it's something difficult to achieve since you'd either sacrifice Decentralization over scalability or vice-versa. The ultimate blockchain would be considered as something perfect, which is nearly impossible to achieve. The closest thing to an "ultimate blockchain" would be Ethereum as it not only provides contracts but developers are also integrating privacy solutions into it (like Zero Knowledge Proofs). Additionally, Ethereum will scale to thousands of transactions per second in the future, making it a powerful workhorse for decentralized finance. As you've said earlier, crypto is still not mature. It's only been a decade since crypto and Blockchain tech's inception within the mainstream world. There are still a lot of issues/flaws to solve in order to make Blockchain an almost-perfect technology for mainstream finance. Until the scalability dilemma is solved, we cannot expect to see an ultimate blockchain solution within the future. Just my thoughts Grin


Check out Amoveo. It has PoW security, PoS speed and scalability thanks to sortition chains. Also, it has oracles, decentralized markets, stable coins, etc...

Amazing. This new cryptocurrency has many attractive features that makes a Blockchain network powerful and scalable for the world. The current price per coin, shows how undervalued this cryptocurrency is relative to its technical aspects. I guess that people haven't noticed its true potential yet as they're largely focused on the big players such as Bitcoin and Ethereum. With effort, Amoveo could go all the way to the top 10 cryptocurrencies in market cap. Adoption is necessary for this to happen, though. We'll see what the outcome of Amoveo's developments will be, as time goes by. If it turns out be good, then you could expect it to rival even the most prominent cryptocurrencies on the market. If not, then it'll be just an idea that will fade into oblivion. Smiley