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Author Topic: Which Blockchain is suitable for cryptos acting as currencies?  (Read 2034 times)

Offline Domithra

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There are many cryptos acting as currencies which needs faster, stronger and cheaper Blockchain to operate on. What Blockchain (STEEM, ETHEREUM etc) do you think is convenient for such cryptos ?
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Offline mu6m0r0k

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #1 on: March 13, 2018, 05:14:05 PM »
For faster and cheaper I'll be looking at cardano, stellar and ripple. Ethereum block mining is somewhere in the region of 12s per block while the others are 2-3 seconds per block.

Offline iane.macarthur

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #2 on: March 15, 2018, 08:57:02 AM »
Blockchain technology is used for data privacy.
Have a visit block-chain twitter account, it will help you a lot.
newbie deactivated link:https://twitter.com/chronicledinc [nonactive]

Offline benres

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #3 on: March 20, 2018, 12:06:14 PM »
This is are the kinds of a blockchain network system the Centralized, Decentralized and the Distributed Ledger. This kinds of system are used for any cryptocurrency on the market. Blockchain technology is still on a young stage that is why the technology is still on the research and development stage.

Offline Grawixy

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #4 on: March 20, 2018, 01:35:13 PM »
I think Stellar blockchain may perform well. Having said that Ethereum is also not to be discarded. I know it sometimes gets clogged (kitttens and the like) but still, mostly it functions quite well. I also believe that when it come to currencies, it is not so much a matter of blockchain (although it is important, of course) as a matter of a token that is stable enough to be used as a means of payment. We'll see.
       


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Offline Paulomits

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #5 on: March 20, 2018, 02:03:04 PM »
There are various things we need to consider in deciding the best blockchain to use for currencies. Speed of transaction is just one of them.

Offline Claus

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #6 on: March 21, 2018, 01:38:22 PM »
Choosing the best has to do with the fastness of their transactions.

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Re: Which Blockchain is suitable for cryptos acting as currencies?
« Reply #6 on: March 21, 2018, 01:38:22 PM »


 

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