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Headline : A nonproductive blockchain can’t solve the fiat problem

Read more from the original article on here at coingeek.com.




Tags : #nonproductive #blockchain #cant #solve #fiat #problem


No. of Paragraph 29

Home » Editorial » A nonproductive blockchain can’t solve the fiat problem

This post originally appeared on ZeMing M. Gao’s website, and we republished with permission from the author. Read the full piece here.

The two main points I try to make in Volume 1 of the book BIT & COIN: Merging Digitality and Physicality are:

Both of the above require a vastly scalable blockchain with TPS beyond millions and an extremely low Cost Of Transaction (CoT). Bitcoin blockchain, according to Satoshi’s vision, is meant to bring exactly the same.

Read more from the original article on here at coingeek.com.


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