Post
Topic
Board Bitcoin Discussion
Re: "Innovative methods or technologies"
by
Minor Miner
on 26/03/2024, 13:23:18 UTC
In the coming decade, we're likely to see some cool new tricks and tech pop up in the Bitcoin world to make it faster, greener and more efficient all while keeping it decentralized and secure. Theres a talk of exploring different consensus mechanisms, like proof-of-stake, to cut down on energy use. And let's not forget about other tech like sharding and sidechains which could also help with scalability while being eco-friendly. It's an exciting time for Bitcoin and there's no shortage of smart minds working on ways to make it better for everyone

Proof of stake (POS), layer2, sidechain...? How can you call these technologies that will make bitcoin faster and better while still being decentralized and secure? I sincerely ask, do you know what the concept of POS is?

In terms of innovation to make bitcoin better, we don't have too many solutions so far. Besides applying LN to reduce transaction fees, expanding the blockchain or reducing energy use, we still don't have any technology that can solve it. We are all waiting and hoping that the developers will find some solution soon.