Nash Foster Op-Ed: Block Tribune

by | Mar 28, 2019

We talk a lot about when crypto will go mainstream and what needs to happen for mass adoption to occur—but what is the standard for “going mainstream”? For me, crypto becoming the preferred means of payment for regular tasks, like paying the babysitter, is a pretty good indicator. Before this can happen though, a few major developments need to come to fruition; first and foremost, payment processing needs to be significantly faster. For perspective, Visa processes 24,000 transactions per second while Ethereum can process 20 transactions per second and bitcoin remains at a sluggish 7 transactions per second.