I’ve been thinking for a long time that the future of cryptocurrencies is going to be quite different that what we are seeing today. Without a doubt, the way cryptos work and operate is still not easy enough for it to become mainstream. However, I’m able to look back and appreciate objectively how far the technology has progressed within the two years that I’ve been participating of it.
I won’t bore anyone with numbers as it might be not very entertaining, but as much as cryptocurrencies are a fantastic technology, they are still not able to process the required transactions to “take over” our economic system.
This is the case for all cryptos, including Steem, being Steem the one who is at the forefront in speed and capacity. This is one of the reasons why I believe in this project and blockchain so dearly.
It’s exactly because of this reason I’m confident that in the future most cryptocurrencies won’t be mined with any algorithm per say, but rather staked.
And it's because of the reading I’ve been doing in the past few days, that I’m wondering what other Steemians are currently exploring. I’ve seen a few good posts about SmartCash, and a not so great Post on Pivx, being Pivx one that does not interest me too much I should say.
As the old saying goes: “What’s the word on the street these days?”
Hope everyone is having a beautiful friday