Bitcoin and Ethereum Were Never Meant to be a Medium of Exchangeby@noprofile
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Bitcoin and Ethereum Were Never Meant to be a Medium of Exchange

by noprofile5mAugust 29th, 2019
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Bitcoin and Ethereum Were Never Meant to be a Medium of Exchange. Only a few stores currently accept Bitcoin and almost nobody accepts ETH. The reason for this is the lack of scalability in these networks. Only three solutions come close to creating a real cryptocurrency-based medium of exchange: Libra, TON, Plasma, and Plasma. Libra is a stablecoin backed by a basket of various bonds from the stock market. Plasma is a dPoS network that would support smart contracts, proxy, instant payments, and smart contracts.

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