SegWit2x 2.0, scam or reality?
The new SegWit2x hard fork, SegWIt2x 2.0, team has no relation to the people of the New York Agreement (NYA), who initially decided on performing SegWit2x. The team’s GitHub page is less than a month old and the proclaimed leader of the team has a half empty LinkedIn profile. The team performed the hard fork on block number 501,451 on the 28th of December, but the users can only access the new coins after the 15th of January. It is hard to believe that the team will be able to fulfill all of the promises it is making.
Bitcoin’s scalability issues
Bitcoin’s scalability problems have become very prominent, as transaction fees have exceeded $37, rising from $2 in October 2017. Even though Bitcoin was developed to facilitate microtransactions, it is currently unsuitable for such forms of payments. Consequently, many merchants have recently decided to stop accepting bitcoin payments, including Steam, the online video game store.
Everything you need to know about monero
Monero’s transactions are totally anonymous, so it is impossible to track senders or receivers of payments across Monero’s network, thanks to the CryptoNote algorithm that was used to code monero. Monero is the only altcoin that is accepted as a payment method on Darknet’s marketplaces, due to the high levels of anonymity and privacy associated with its transactions.
Everything you need to know about dash
DASH is one of the top cryptocurrencies promoting totally anonymous transactions. This open source, peer-to-peer cryptocurrency has a market capital that is among the top 10 cryptocurrencies. In contrast to Bitcoin’s network where a block is created every ten minutes, a block is created every two and a half minute on DASH’s blockchain. DASH solves many of Bitcoin’s problems, especially slowness of confirmation of transactions.
