Saturday, May 25, 2019

Bitcoin Expert Jeff Garzik Exposes Crypto’s ‘Economic Paradox’

By CCN: Early Bitcoin developer Jeff Garzik revealed what he believes is the most daunting challenge the flagship cryptocurrency faces today. He also chimed in on the “economic paradox” that threatens to stifle Bitcoin development. Bitcoin’s Biggest Hurdle? Scaling. Scaling. Scaling. Speaking in an exclusive interview with CCN, Jeff Garzik, who was one of Satoshi Nakamoto’s earliest collaborators and also founded crypto startup Bloq, admits his highly “predictable” answer when it comes to the biggest challenge facing Bitcoin would be “scaling.”  But, there’s a deeper problem than that, Garzik warns. “The pace of innovation of the core of Bitcoin is

The post Bitcoin Expert Jeff Garzik Exposes Crypto’s ‘Economic Paradox’ appeared first on CCN



source https://www.ccn.com/bitcoin-expert-exposes-crypto-paradox

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