Home Blockchain News Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why

Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why

by Rss Feed from web
147 views
cryptocurrency news feed

By CCN: Adamant Capital’s Tuur Demeester, an outspoken crypto analyst and proponent of Bitcoin, said on Twitter that using the flagship cryptocurrency’s blockchain will eventually be as expensive – and rare – as chartering an oil tanker. Even the simple act of opening a Lightning Network channel will be cost-prohibitive and potentially slow once the network user base climbs into the billions. Bitcoin’s Blockchain Is Like an Oil Tanker – You Won’t Use Either of Them At full maturity, using the Bitcoin blockchain will be as rare and specialized as chartering an oil tanker. https://t.co/lu1ORzrTjF — Tuur Demeester (@TuurDemeester) May

The post Bitcoin Is Weirdly Similar to an Oil Tanker – Expert Explains Why appeared first on CCN

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment