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Wow this comment section is embarrassing.
As an XRB investor myself, I asked myself the same questions on whether or nor this coin had a future. And after watching this video I see he touched on the exact concerns I had with this coin.
Oh wow 7k transactions per second, ya well you know Visa, that card EVERYONE has and EVERYONE uses, that has practically hit max usage, well they process 3k transactions a second, so even if XRB got to the popularity of Visa which will NEVER happen to ANY cryptocurrency for years, 7k is still excessive
As for the top comment on this video, the 3 MASSIVE errors are the dumbest shits I have ever read
- He said low fess instead of free, oh yah what a great advancement, in fact let me take back my statement about them never hitting 7k transactions a second, Im sure this will be hit every time any spammer wants to flood the network with transactions all free of charge of course
- Oh he read the name wrong, literally the dumbest MASSIVE ERROR ever, this is literally a matter of opinion and I have done tons of research on this coin and I still pronounce it differently
Also mentions scale as not important before pointing out the biggest issue with bitcoin is scale which is hindering adoption...
The biggest issues in crypto this year have revolved around scale. Should bitcoin have bigger blocks, should there be segwit, what about proof of stake, can be shard/prune the chain, why can't Litecoin and others operate as transaction layers... Every single big event in crypto tech this boiled down to scale and no they can't be "solved" through the natural progression of tech. Do the calculations, calculate the size of BTC and Ether's chain and their growth rate and tell me that's viable for decentralization. Vitalik didn't just put out contracts to scale Ether if he thought it was so simple. No one has the answer to scale yet which is why Rai has been so impressive.