One Thing Most Cryptocurrencies Aren't Competing For

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Mark Mason

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Feb 24, 2017
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One Thing Most Cryptocurrencies Aren't Competing For



The rapidly-changing world of cryptocurrency is anything but uneventful. The top coin positions are in a constant state of shuffling, and Bitcoin just split in two, with separate visions vying for ultimate dominance. Fierce though this struggle may be, however, there’s a huge blind spot in this aggressive competitive push. There’s one critical area that most coins aren’t properly competing for, if it’s even on their radar at all.

Cryptocurrency’s market value is still fairly small

At $110 billion or so, cryptocurrency is still a relatively small industry, globally-speaking. Bitcoin’s current limit of about 7 transactions per second is not entirely filled after a recent drop-off, without even mentioning the virtually empty blocks of most other chains. While blockchain technology has the opportunity to affect the whole world, it isn’t there yet. Fighting for the spot of top crypto is still to seek the crown of a small kingdom. Few coins are really thinking big.

Read more - https://www.dashforcenews.com/one-thing-cryptocurrencies-arent-competing/

 
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