If this scaling blog post is accurate, a global payment network at 1m transactions/second, decentralised, is massively valuable.
Imagine if the only way to send a message to someone was through fb messenger or WhatsApp, and then someone invented email. The UX might not be great, but the benefits are huge.
Additionally if the eth virtual computer can scale with very low gas costs, there’s a lot of accountancy and banking functions that can replaced with eth code. Potentially some legal functions as well.
Imagine if the only way to send a message to someone was through fb messenger or WhatsApp, and then someone invented email. The UX might not be great, but the benefits are huge.
Additionally if the eth virtual computer can scale with very low gas costs, there’s a lot of accountancy and banking functions that can replaced with eth code. Potentially some legal functions as well.