125
submitted 7 months ago by hedge@beehaw.org to c/technology@beehaw.org
you are viewing a single comment's thread
view the rest of the comments
[-] FaceDeer@fedia.io 5 points 7 months ago

But that feature is the whole point. The alternative is Paypal et al, which this very article points out the problem with.

Also, those problems are being addressed by the more modern cryptocurrencies. Bitcoin has fallen far behind the technical curve, I wouldn't bother with it frankly.

[-] ICastFist@programming.dev 1 points 7 months ago

Which crypto is the easiest to actually use (send/receive), can handle 1k transactions per second (a bit under 5% of VISA's TPS) and is least likely to suffer wild price fluctuation? Honest question

[-] FaceDeer@fedia.io 1 points 7 months ago

I'm not a frequent user myself so I'm probably not the best to answer on the usability front, but for the combination of high TPS and low price volatility I'd probably recommend using one of Ethereum's stabletokens (DAI, USDT, etc.) on one of its layer-2 networks (such as Arbitrum or Optimism). Stabletokens are cryptocurrencies whose value has been tied to some external measure, in most cases the US Dollar, so they're ideal for use in commerce.

this post was submitted on 18 Mar 2024
125 points (100.0% liked)

Technology

37692 readers
295 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:


This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago
MODERATORS