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RE: Cryptocurrencies Continue To Break All-Time Highs

in #bitcoin7 years ago (edited)

I am relatively new to the granular concepts underlying cryptocurrency, please be aware of that. As far as I understand EOS main objective is to serve as a foundation for decentralize applications looking to have their platforms run on the fastest blockchain on earth.

I don't see the correlation with PayPal there. Am I missing something?

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Nah, don’t let me confuse you. During that Interview, Larimer was comparing transaction times and fees of high ranked cryptos to time and speed of PayPal. He was pointing out how quickly PayPal can do transactions and how many thousands per second they can do which gave me numbers I could relate to as he elaborated on the objective of EOS. Don’t worry, I’m still pretty new to this stuff too. @jeffberwick has been real helpful as I’m sure you’re aware.