Not exact matches
The
scalability of transactions, for example, is a major
issue preventing cryptocurrencies
from becoming mainstream.
While there is little further information available on the CCRG, the group is expected to harness research
from all over the world to face these
issues of privacy, safety and
scalability.
Although it has
scalability issues, as all blockchains have, and has suffered
from numerous attacks, it is still the second-most used and trusted crypto platform with a decent amount of global network of developers working on the protocol.
Most importantly, however, they are seeking to address the fundamental
issues that platforms like Ethereum suffer
from —
scalability, future updates and social obstacles to adoption.
Hopefully over the next few weeks, developers can help solve this
issue and move on
from the
scalability problem.
These overburdened platforms are not only prone to serious security threats, but also suffer
from functional shortcomings such as lack of customer service, inadequate
scalability, low withdrawal limits, delayed account upgrades, and liquidity
issues.
To address the growing demand for Ethereum and the high expectations
from the global Ethereum community, Buterin explained that he will solely focus on the development of the Ethereum blockchain network and solving
scalability issues to provide a better ecosystem for decentralized applications.
Ethereum could potentially move
from PoW to PoS in 2018, which would help solve many of Ethereum's
scalability issues.
Apart
from implementation of the lightning network, a sudden block size increase to 2 MB or even beyond will not solve any real long term
scalability issues but a split in community or a «political fork» might result in loss of trust for the general community.
Furthermore, the digital currency platforms are not only prone to critical security threats but they also suffer
from the various shortcoming that includes inadequate customer service, insufficient
scalability, minimal withdrawal limits, delays in account upgrades, and other
issues.
Bitcoin, for all its positive press, is currently a flawed product which suffers greatly
from issues related to
scalability and transaction processing speed.
Bitcoin, for all its positive press, is currently a flawed product which suffers greatly
from issues related to
scalability and transaction...
But now, with Core facing serious competition
from Classic, this
scalability issue may soon be forced to come to a head.
In essence, they're trying to address
scalability and incentive structure
issues from the start.