Plasma ☄ To Scale Ethereum To BILLIONS Of Transactions Per Second / TenX 💳 Adds Support For ETH

On today's episode of The Cryptoverse:
You can now spend your Ether anywhere that accepts VISA thanks to the latest update to the TenX card.
And Introducing Plasma, an upgrade to Ethereum that could enable billions of transactions per second.

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Sources:
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https://blog.tenx.tech/dev-update-august-4-2017-efc74211c9bb

https://lightning.network/lightning-network-paper.pdf

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Great news for Ethereum, with Plasma it will now scale. Let us see if EOS has still advantages over ETH when PLASMA is implemented.

Bitcoin, Ethereum and Ripple are my guesses for being the future

Great show Chris. Just when some people were starting to count Ethereum out (for potential replacements like EOS, NEO and others) Plasma is announced which shows that Ethereum is ready for a fight and likely isn't going to be replaced as one of the big dogs any time soon.

Thanks for sharing wow @marketingmonk

This is huge news for the price of ETH. Next stop, MOON! Hodl.

This is huge :o I can't wait to see crypto currencies becoming mainstream 👍

So what benefits would EOS have over Ethereum if transaction speed is no issue. I understand that EOS would have easier scripting language, but if that's all, I'm thinking Ethereum has no killer competitor?

If Plasma is like Lightning network; transaction costs could be free or at a very small amount. Therefore EOS free transactions does not seem as much of a Unique selling point as it once seemed

What's up with the sudden increase in bitcoin value - is finally putting the fork behind us the sole factor for the sudden increase?

I think it's got more to do with another possible fork, and free alt coin if it does fork in November. TBH a fork can happen at any time, it's all hype and fashion. Anyone can go on Github and fork a bitcoin. I feel that I'm really missing something here, Bitcash should never have been worth that amount.

I've been thinking that there's a lot of bitcoin cash around, and a lot of us just hold because we don't quite know what to expect in terms of price movement over the next few months and years. This holding strategy is increasing the value, which in turn make more bitcoin cash owners want to hold.

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