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RE: Bitcoin ready for take off?

in #crypto-news7 years ago

Useful stuff. I hear bitUSD os a better alternative to USDT. Correct me if I'm wrong but you have to be on BTS to use bitUSD and the DEX has low volume. So I'm waiting a little bit to get in.

I'm a big fan of NEM and SONM btw.

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Thanks for letting me know about SONM!

Glad to spread the good word. SONM is going to get a massive amount of GPU power when ETH goes POS and SONM is already ahead of Golem and RLC when it comes to tech while being cheaper.

Any idea when ETH goes POS? I've heard both negative and positive about it..I took a little bit ETH off the table and into Bitcoin (good move!) just to possibly hedge myself and not sit on a too large position in ETH.. On the other hand...ETH has proven intself. SO many projects are ERC20...

There is really no set date. There is a mining difficulty bomb that is set to make ETH mining unprofitable by increasing the difficulty. It is to be triggered (If I remember correctly) Q2 2019.


As for now I have seen this from the GitHub: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQ and this other article: https://www.coindesk.com/ethereums-big-switch-the-new-roadmap-to-proof-of-stake

R&D must be pretty difficult. These guys are changing the wheels of a moving car.