EOS Creator: Bitcoin Is Transformative, But Also Slow, Costly & Limited8

For much of Bitcoin’s life, it was unquestioned. When Satoshi Nakamoto released his creation into the world, digital currencies and blockchains were mere concepts, making Bitcoin the first real attempt at creating an asset that isn’t tied to traditional payment rails, or an underlying governmental system.

But, many technologists and innovators have concluded that they can do better than what Satoshi has done, creating hundreds and thousands of spin-offs, better known as altcoins, in the process. And sadly enough, some of these cryptocurrency creators have taken to public forums to draw attention to Bitcoin’s inefficiencies, shunning the project that tacitly spawned their creation.

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