Gold coin logo
Hire gold coin logo service provider) the use of non-trivial amounts of computing power. however, you will find the cost is still less than in the private blockchains, even assuming very large blocks.
some users may find the cost of using a distributed-ledger system prohibitively high, but the current cost of processing and storing many transactions in the blockchain in any reasonable time period is too high.
for people on lower-cost plans, or where the cost of a block is low but the time to process it is long, using a blockchain is the best option in my opinion.
quote from: amincd on april 21, 2014, 13:01:04 am in general, the problem with blockchain tech is that it was never designed as a replacement for financial systems, it was designed as a complement.
exactly! that's a reason why i'm not convinced that it needs to be 'replace' for bitcoin to succeed. but, that said, i do find it amusing that when someone says 'blockchain is for the banking' the first response that comes to mind is, 'you can do all your payments on bitcoin.'
a big part of my motivation for building bitcoin cash is how far away from bitcoin we have come. just look at bitcoin cash's main developer, jeff garzik . he recently stated in one of his interviews that he believes the bitcoin protocol was written by 'a group of people...
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