We often argue on the principals of all the upcoming platforms & who is behind it. We never understood the value it can bring to the existing ecosystem & the world. All solutions can't be designed following the Bitcoin principals to bring maximum value. #Hederahashgraph & #libra public networks are both similar in this. To gain something you will lose something that's the law of nature & also the law of general computing. To gain on network speed (tps) & reduce network operation cost (gas/fee) in DLT network your distribution & governance is done in a more centralised manner between creditable & trusted parties. There will be more networks following this principals as they wanna compete with this upcoming protocols. Project libra on the day it goes live will allow billions of people to transfer value on a cheaper, faster & more transparent payment system then they have out there. There are many Facebook & WhatsApp users who are still unbanked & left out of the traditional financial system. The value it can bring to them is unmeasured. Overall it will boost digital commerce & economy for all.
We have to measure solutions based on the problems they solve & value it brings.
-Harpreet Maan
Posted using Partiko Android
Congratulations @harpreetmaan! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPTo support your work, I also upvoted your post!
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Thank you so much for being an awesome Partiko user! You have received a 8.81% upvote from us for your 1420 Partiko Points! Together, let's change the world!