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by joosters
2188 days ago
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Cryptocurrency doesn’t look good when it is inevitably compared with the early days of the web. The internet got rapidly better each year, whereas crypto has been around for years without any real improvements, in usability, safety, or efficiency. |
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A few years ago transactions were limited to 15 transactions per second, today there are multiple ways to achieve thousands of transactions per second[1]. A few years ago privacy didn't exist and now there are multiple ways to achieve privacy [2][3]. A few years ago end users had to remember long complicated strings to send a transfer or to restore their wallets and now there are easy ways to transfer to human readable names [4] and social wallet recovery [5] if you lose your funds or make a mistake. Argent alone is a huge increase in usability for end users.
There are more but if you even look at these metrics then things are improving at a great clip. Faster than the early web even.
[1] https://medium.com/matter-labs/evaluating-ethereum-l2-scalin... [2] https://tornado.cash/ [3] https://www.aztecprotocol.com/ [4] https://ens.domains/ [5] https://www.argent.xyz/