FL1 first lithium limited

Explaining Blockchain Technologies, page-7

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    OK thanks @sigmadelta
    this conversation / discussion going in right direction and correlates somewhat with what im referencing and reading to up-skill myself on these technologies as there is so much hype and little actual - i started to think that there must be other platforms in this space that are faster than 15 transactions per second than ethereum which would validate other more advanced BlockChain platforms such as Cardano, EOS and NEO coming on line in 2018

    My next question is - can Brontech transfer their technology to other platforms that are faster in terms of transaction scalability to meet future demand or will it take 12 months to 3 years????? which is where your above comments come in


    How long will Ethereum BlockChain take to scale?
    This is a tricky question, as there's still a lot of experimentation happening on the scaling front.
    In creator Vitalik Buterin’s words, the long-term goal is for the platform to be able to process transactions at “Visa-scale transaction levels" or beyond.
    However, as skeptical observers are keen to point out, this is based on Buterin's analysis, and on techniques that have yet to be deployed on a public blockchain.
    In sum, although ethereum currently can only handle a handful of transactions per second, its architects have high hopes for the future.
    Authored by Alyssa Hertig
    https://www.coindesk.com/information/w



    @DoctorBrad your welcome - i want all of us here to make sure we are happy with our chosen stock AND fully understand what we are investing in
    Cheers G101
    Last edited by Graphite101: 06/01/18
 
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