04-09-2022, 06:09 PM
Why would anyone here want quick global adoption? There is not a single blockchain r
<!-- SC_OFF --><div class="md"><p>I understand that we want crypto to thrive. It would be great to see the userbase grow. It would also completely wreck the blockchains in their current state. You think ETH gas fees are high? Imagine 10x or 100x more users trying to transact on the network. Even layer 2 solutions are not ready for world wide adoption. Remember a silly sunflower game congesting the polygon network? </p> <p>The truth is, there is no blockchain that can reliably scale at the current moment. The best thing we can hope for right now is steady growth and enough time to see which scalability solutions will work. Sadly, it is <strong>extremely</strong> hard to expand a blockchain and still maintain the cost for validators low and decentralisation high. If this can't be achieved, there is no point of having a blockchain at all, so lets temper our short term expectations and wait for a working product first.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Kontikulus"> /u/Kontikulus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tzbgi6/why_would_anyone_here_want_quick_global_adoption/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tzbgi6/why_would_anyone_here_want_quick_global_adoption/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>I understand that we want crypto to thrive. It would be great to see the userbase grow. It would also completely wreck the blockchains in their current state. You think ETH gas fees are high? Imagine 10x or 100x more users trying to transact on the network. Even layer 2 solutions are not ready for world wide adoption. Remember a silly sunflower game congesting the polygon network? </p> <p>The truth is, there is no blockchain that can reliably scale at the current moment. The best thing we can hope for right now is steady growth and enough time to see which scalability solutions will work. Sadly, it is <strong>extremely</strong> hard to expand a blockchain and still maintain the cost for validators low and decentralisation high. If this can't be achieved, there is no point of having a blockchain at all, so lets temper our short term expectations and wait for a working product first.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Kontikulus"> /u/Kontikulus </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tzbgi6/why_would_anyone_here_want_quick_global_adoption/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/tzbgi6/why_would_anyone_here_want_quick_global_adoption/">[comments]</a></span>Kind Regards R