Buterin criticizes cryptocurrencies with high transaction throughput

News	2019-2-11 12:03

Ethereum co-founder Vitalik Buterin questioned the decentralization level of those cryptocurrencies that promise a high transaction throughput and stood up for the Proof-of-Work algorithm.

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Источник: coinfox.info

transaction throughput → Результатов: 25

Analyzing Vitalik Buterin’s Statement About Cryptos that are “Centralized Piles of Trash”

Co-founder of Ethereum, Vitalik Buterin, spoke at the Blockchain Connect Conference in January about Casper CBC and Ethereum 2. 0, but also criticized blockchains that boast their speed, calling them “centralized piles of trash.

2019-2-9 00:50	vitalik buterin
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Vitalik Buterin: ‘EOS and Tron are ‘Centralized Piles of Trash’

CoinSpeaker Vitalik Buterin: ‘EOS and Tron are ‘Centralized Piles of Trash’ At a recent blockchain conference that happened in San Franciso, Vitalik Buterin, Ethereum creator, answered a question about whether an Ethereum upgrade would have “any transaction throughput goals.

2019-2-7 12:15	#neo
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Watch: Ethereum Creator Says Crypto Projects Like EOS & Tron are ‘Centralized Piles of Trash’

At a recent cryptocurrency conference, Vitalik Buterin answered a question about whether an Ethereum upgrade would have “any transaction throughput goals. ” Buterin took the opportunity to cast shade on Ethereum alternatives like EOS, NEO, and Tron.

2019-2-7 01:26	vitalik buterin
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Tron Price Analysis: TRX Price Expansion Ceiling at Dec 28 Highs

Latest Tron News Justin and Vitalik often throw shade at each other. It is normal, and as long as the two platforms are competing for developers, jabs will continue. The center of contention between these two maverick founders seems to be throughput and cost of transaction.

2018-12-31 19:00	trx
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Ethereum’s (ETH) Blockchain Scaling Issues Look for Resolution Thanks to Upcoming ‘Serenity’ Upgrade

Even though Ethereum has been around since 2015, the decentralized, open-source platform has faced a host of issues related to its transaction throughput capacity in recent times. This is primarily because, since 2016, Ethers’ native ecosystem has witnessed an unprecedented influx of active users and daily transactions— thus effectively exposing the limitations of Ethereum’s Proof […]

2018-11-13 19:54	News
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Witheblock Study Claims EOS Not a Blockchain, Has Significantly Lower TPS Than Advertised, and Is Nothing but Ram Market and Cloud Service

A Blockchain performance testing company completed a 3 months long independent benchmark testing on the EOS Blockchain. The test results published by the company on November 1st drew the inference that EOS doesn’t meet the technical requirements to be classified as a Blockchain and that it has substantially lower transaction throughput capabilities than what EOS […] Witheblock Study Claims EOS Not a Blockchain, Has Significantly Lower TPS Than Advertised, and Is Nothing but Ram Market and Cloud Service was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-7 17:59	EOS
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Waves Sets New Throughput Record of 6.1 Million Network Transfers

In the cryptocurrency and blockchain industry, building scalable solutions is an ongoing process. While it seems to be only a matter of time until a major breakthrough occurs, the Waves team has achieved an interesting milestone.

2018-11-1 09:07	Waves
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Minting the Future of Cryptocurrencies - [BTC Media Sponsor]

In 2009, Bitcoin was ushered in as an alternative to fiat currency, promising to revolutionize the future of peer-to-peer spending. Since then, it has spawned scores of other cryptocurrencies with various value propositions and potential.

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The pursuit for cryptocurrency adoption seems to focus on three major cryptocurrencies, Bitcoin, Bitcoin Cash and Litecoin. Indeed, this isn’t to disregard the likes of XRP and Stellar, both of which also provide a solid use in mainstream society, however in terms of worldwide societal adoption, Bitcoin, Bitcoin Cash and Litecoin tend to be the go-to currencies.

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Ultra Fast Blockchain Reaches 30,000 Transactions Per Second

Researchers in Australia announced on Wednesday a successful trial run of next generation blockchain that can reach cross-border speeds of 30,000 transactions per second. Operating on Amazon Web Services’ (AWS) cloud infrastructure, the test potentially paves the way for global enterprise-scale applications of the technology.

2018-9-28 23:00
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Ultra-Fast Blockchain Reaches 30,000 Transactions A Second

2018-9-28 23:00
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Top 6 Cryptocurrencies With the Highest Transaction Throughputs

Blockchain and cryptocurrency projects are always competing with one another. Although that may not seem to be the case on the surface, there is a fierce competition going on in terms of scalability.

2018-9-24 16:00
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Sustainable EOS Fork Telos Prepares for Network Launch

With a market cap of well over US$4 billion, EOS is a behemoth in the crypto space. It’s many supporters hail the network as the “Ethereum killer”, citing free transactions and massive transaction throughput.

2018-9-20 21:00
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Bitcoin Transaction Volume Tops PayPal, Creeps Up on Visa

To many, Bitcoin’s shot at “real-world” utility is defined by the yardstick of Visa’s transactional throughput; yet, the original cryptocurrency now purportedly handles more annual transacted value than PayPal—and appears to be gaining on Visa, fast.

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The Logos Network is a distributed, trustless transaction network designed for extreme scalability. It achieves high transaction throughput and low confirmation latency using a novel structure. Each account on the network has an individual chain that tracks all of its transactions, allowing independent transactions to be processed parallel.

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Answering Vitalik Hard Questions For the Blockchain World Part 2: The Scalability Barrier

Buterin’s second question appears to be partly directed at the dApp development ecosystem, in which novelty apps and games dominate, and partly due to the lack of transaction throughput that limits the functionality and efficacy of large-scale dApps.

2018-7-17 12:00	vitalik buterin
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