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In 2008, during Global Financial Meltdown, an anonymous Group or individual 'Satoshi Nakamoto', published Bitcoin Whitepaper, a revolutionary, decentralized, no trust needed currency, and a new way to transact, that involved no intermediaries, people were exited about this project but the first reply 'Satoshi Nakamoto' got was "We very much need such a system but the way I understand your proposal, it is not seem to scale, to the required size", from that time, researchers, and developers including Satoshi Nakamoto had been trying to solve this problem, but none of them one has passed the test of time, or had been able to develop a solution for this, For a currency to be a viable means to transact - - - - - - - - - - - - - - - - - - - It has to be Avg. Score for Cryptocurrencies (1) Easy to Use 3/10 (2) Widely Accepted 2/10 (3) Stable 0/10 (4) Cost Efficient* 3/10 There are different types of tokens, and coins, that has different scores, for example DAI(a Decentralized Stablecoin on Ethereum Network), might score 8 in stability test, but would fail, in acceptance, or cost-efficiency test, no decentralized payment method, or currency had been seriously able to challenge any traditional method of payments. We need financial infrastructure that supports the kind of innovation, and connectivity we’ve got from the Internet. The current blockchains suffer from multiple drawbacks, a few of them include, high energy consumption, scalability, and poor performance. The spectacular success of Bitcoin and Blockchain Technology in recent years has provided enough evidence that a widespread adoption of a common cryptocurrency system is not merely a distant vision, but a scenario that might come true in the near future. Down below is the link, to a rough one-pager for the network. DM me if you're interested in contributing with the development of the network. https://brixnetwork.notion.site/Brix-Network-One-Pager-c94cedd888f149f78321fca906cf3c0b *Not asking for any financial help, or selling any coin or token.* |