1/ Blockchains — decentralized and permissionless ones — will ultimately allow orders of magnitude more business to happen in the world.
Here is a tweet 🧵 on why I think so:
@jaredctate For me these are the top 3 use cases:
Bitcoin as a decentralised currency.
Ethereum as a "potential" ownership platform in NFT's. BNB as a method of independent token swapping/trading
Bitcoin wins because it is most beneficial so far.
In your opinion what is the most impactful & longterm #blockchain use case you have seen which will be not only a money maker but beneficial for all humaninty?
@BlockchainBlvd@RudyBouwman He saying that there is now a "bridge" between the corporate world and digibyte. Therefore the opportunity for Business partnerships, investments, etc.
@AlexCryptoBG@brian_armstrong Actively using a decentralised blockchain, bitcoin (utxo) as a payment method is great but imagine paying 0.0001 for low cost items. Seems counterintuitive, surely it would make more sense to use an equivalent technological blockchain such as digibyte for smaller transactions.
NEW VIDEO: why Bitcoin is a scam, and how this new Ponzi scheme is breaking all of its promises.
A new video from the Gravel Institute. Watch the full video on YouTube.
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Spoke with North American Bitcoin miners. They committed to publish current & planned renewable usage & to ask miners WW to do so. Potentially promising.
@elonmusk@ChainLinkGod@PeterMcCormack Hi Elon, Jared Tate shares a similar sentiment to you. He saw these flaws and created a blockchain that would ensure decentralisation. This is now known as Digibyte. It would be great for you to be involved in this or even hear your thoughts.🚀
@ChainLinkGod@PeterMcCormack Bitcoin is actually highly centralized, with supermajority controlled by handful of big mining (aka hashing) companies.
A single coal mine in Xinjiang flooded, almost killing miners, and Bitcoin hash rate dropped 35%. Sound “decentralized” to you?
fortune.com/2021/04/20/bit…
1/ Dear @elonmusk. The perfect troll is one where people don't know whether it is a troll or not. Your recent poorly informed criticism of #bicoin + support for Doge may be the perfect troll...or you might actually believe this (God I hope not).
To improve #Dogecoin tx's @ElonMusk you need to speed block time to 15s, increase block size, add real time #blockchain diff adjust, lower tx fees, merge latest #bitcoin crypto libs & then carry out the largest ever Hard Fork along w/ a new mining algo. #DigiByte is a blueprint.
@elonmusk Of course. This is why digibyte needs to be tweeted. Imagine the money/energy saving when traditional banks are replaced by a eco decentralised digibyte system.
@elonmusk This is why Digibyte exists. Digibyte has ultra low transaction fees making it the obvious choice going forward. Transaction cost is fundamental to a efficient decentralised sustainable cryptocurrency.