However, I wouldn’t call it the world record, since on SHA-256 PoW base ILCOIN had already reached 5 GB blocksize on the live net in November 2019.
Of course, I can understand that BSV’s opinion is that ILCOIN has nothing to do with Bitcoin and their result is important, since they achieved it on the bitcoin network, but I think that this is only a half-truth.
If I take it strictly and if I take as a basis Bitcoin base , which has the biggest working blocksize in the market, then the winner is the 310280 blocksize on the ILCOIN network.
We are experiencing a kind of counterblow against us, on which I would rather not go into detail here.
I can understand that a billion-dollar project is hurt when a project which is much smaller managed to reach a more serious technological result, but whether they like it or not, RIFT is still capable of a lot more than any other solution in the present market.
It is a fact that a good FORK brings an existing community, with which it is easier to achieve success than building from scratch.
It is only a topical question in the case of Ethereum since everybody expects the lowering of TX fees.
Of course, it is necessary to have low-cost, fast and stable blockchain systems. However, today it is not the most relevant challenge of the market.
We do have our visions and we are working hard on them, but it is a complex project where we have to adapt to a lot of things.
We created a DeFi project with WILC, with which we would like to enhance the interoperability between Ethereum and ILCOIN networks.
We plan to dedicate more attention to NFT projects because we figure that the challenges in the NFTs are fitting for us.
DeFi project had also quite a time, and certain NFT projects are starting to have a serious market position.
What will happen afterwards, I don’t know, but the era, where the actual accomplishment will be the value and not the pumping, should not be favorable for the marketing project with the same goals and values.
If I take a look at them from the stock market’s angle, then every project is worth exactly the same, regardless of its developmental or other market success.
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