With bitcoin and ethereum reaching whole new levels and pulling away from competing cryptocurrencies, we are left with a forky mess to clean up. Some might call this mess a salad, and we need a fork to clean this up.
So what is a 'fork'? The term derives from open source programming and has been popularized by GitHub (an open-source and collaboration website used by millions). A fork is when a piece of open source code is replicated and then changed/updated to create additional features or fix existing issues. With bitcoin being an open source project with a development team - It comes as no surprise that the project must be forked to solve the existing blockchain issues.
I personally believe that the blockchain is not the future. Tangle, a blockchain alternative used by IOTA, offers free & instant transactions. This is a much better solution than the blockchain which requires confirmations, charges fees and stinks of a rusty, old project which needs modernization. The solution to our problems was said to be bitcoin cash. It solved the long waiting problem but didn't solve the transaction fee problem. But we don't really mind paying fees to prioritize transactions, so a large number of community members invested into Bitcoin Cash.
Now we hear talk of a new fork to solve existing decentralization issues. With it not being possible for everyone to mine bitcoins off their GPUs, we have the issue that large companies are mining bitcoins and nobody else is - Causing Bitcoin to become centralized.
So what is the real solution to bitcoin and where will we be in a few years?
The answer to this question is: NOT WITH BITCOIN. The development team are stuck with a leading crypto and are hesitant to sway away from it. The solution would be a decentralized cryptocurrency with instant and free transactions which would offer anonymity similar to the likes of Monero & DASH.
My friends, the solution to our problems has been right in front of us all along. IOTA is our saviour. Invest now before it's too late!
