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     4 years ago  

    When the projects end up 'dying' on ETH, where will they go?

    Just fade off into the sunset. Seriously though, my statement is more akin to what happened to Gods Unchained. It got massive funding through first round of selling their initial packs. Then once they put them on chain, people realized the transaction fees are so bad you can't even sell your cards if you wanted to.

    Some companies come up with a solution, like Gods Unchained are working on their own contract that is suppose to help solve the transaction fee issue, still waiting to see how it turns out as I have a lot of cards to sell.

    Is a 3 second transaction quick enough for Hive in this day and age?

    For most things, yes as it is way faster than most places, like ETH is 10-20 seconds, and BTC is around 10 minutes.

    That being said, interactive dApps like games can see a huge improvement to user experience with a quicker blocktime. This is a lot more difficult to do as there will likely be more missed blocks and problems with witnesses. I believe @blocktrades is considering a side chain solution that I believe heard mentioned is considering a 1 second block time.

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     4 years ago  

    I agree! So many people seem to be avoiding the elephant in the room that is transaction capability of BTC and ETH, let alone Dapps built on top of them! Its frustrating when people say that 'it will be okay eventually'. We don't have eventually. We need BTC and ETH to have enough transaction potential now without the fees going through the roof. Arguably that they could even manage the volume required to be 'money' or even gold. That's a good idea to have a side chain!

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