You are viewing a single comment's thread from:

RE: Crypto Update: Feb. 16, 2018

in #bitcoin7 years ago

Yes Lightning Network is for sure a break through in the cryptocurrency space. Other coins will implement it too, but seen the expenses to transact are extremely low so I expect the BTC Lightning Network will hugely dominate because of network effect.

Sort:  

For a Crytocurrency to take off , it need solve the energy consumption. With the current rate, it destroy environments faster if keep it.

ETH is working on a different verification process which would bring down overall traffic. Lightning network would help in more transactions with less power used. But overall the manufacturers coming up with more efficient miners are key. Their manufacturing processes have to improve which is Moore's Law. The amount of power and space a calculator the size of a room was part of a generation still alive today. Just an opinion, Crypto shouldn't be the ones to solve energy crisis, but are a driving force.