Considering the Bitcoin-centric perspective of the BTC ecosystem, an ideal product form in my conceptualization must embody the following capabilities:
Extremely low transaction fees: This is the foundation for widespread adoption.
Micro-payment functionality: This is a requirement for practical scenarios.
Good scalability: This is a prerequisite for growth.
From this viewpoint, the Lightning Network is likely indispensable. Of course, it may not necessarily be the current version of Lightning, but rather an optimized iteration.
#Bitcoin #LightningNetwork #Scalability #MicroPayments
Having been caught in the rain myself, I make every effort to be the one who holds the umbrella. My purpose in shielding others is not merely to protect them from the rain, but to preserve a sliver of sunshine within my own heart. Though I do not place my faith in deities or divinities, I do hold a firm belief in the principles of cause and effect.
#Kindness #Empathy #CauseAndEffect
Human interactions are inherently reciprocal; when you extend a bridge to others, they pave the way for you in return. Conversely, if you cause discomfort to others, they will inevitably create obstacles for you. The more enlightened individuals are, the more adept they become at fostering mutual support and fulfillment.
#Reciprocity #Wisdom #MutualSupport
Let me pose a question:
If you attained financial freedom, what would be the very first action you would undertake?
Be honest and don’t fabricate your response.
#FinancialFreedom #LifeGoals #HonestAnswers
Should Solana achieve 10-20% of Ethereum’s stablecoin issuance and DeFi TVL, with a trajectory of sustained growth, I would reconsider my stance on SOL.
Indeed, I have a talent for swift self-correction, surpassing others in speed, but the conditions required for this shift remain distant.
#Solana #DeFi #Ethereum #Stablecoins #CryptoGrowth
If obstacles are merely characterized by “processing only seven transactions per minute and requiring a ten-minute wait between status transitions,” then I perceive the issue as relatively minor. The steep costs involved might indeed find their niche applications, potentially even acting as a barrier to entry. For instance, in the traditional world of contract execution, obtaining a court judgment could take months or even years, with costs running into hundreds of thousands or even millions. In contrast, execution times measured in minutes pale in comparison.
#Technology #Blockchain #Efficiency #Cost #Innovation
Before launching a cryptocurrency, contemplate these three points:
What motivates users to make a purchase?
What encourages users to hold onto the asset long-term?
What drives users to promote it further?
#CryptoStrategy #InvestorBehavior #Tokenomics
Considering the BTC ecosystem from the perspective of a BTC-centric framework, an ideal product model in my vision should possess the following attributes:
Extremely low transaction fees: This is fundamental to widespread adoption.
Capability for micro-payments: This is a requirement of the use case.
Robust scalability: This is essential for future growth.
From this vantage point, the Lightning Network is highly likely to be indispensable. Naturally, it may not necessarily be the current iteration of Lightning but rather an optimized version thereof.
#BTC #LightningNetwork #CryptoEconomics #Scalability