Bitcoin SV Announced a World Record Blocksize! Could the RIFT Protocol Handle Bitcoin’s Problem? Interview With Norbert Goffa, A Co-Founder of ILCOIN Project
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Bitcoin SV Announced a World Record Blocksize! Could the RIFT Protocol Handle Bitcoin’s Problem? Interview With Norbert Goffa, A Co-Founder of ILCOIN Project

THELOGICALINDIAN - An account by Alyona KarpinskayaInterviewing Norbert Goffa

Q: What do you anticipate about the bearings that Bitcoin SV has accomplished a block admeasurement of 638 MB on the bitcoin network? Is this absolutely a apple record?

A: Congratulations to them, it is a big success. However, I wouldn’t alarm it the apple record, back on SHA-256 PoW abject ILCOIN had already accomplished 5 GB blocksize on the alive net in November 2019. The abstracts can be arrested on https://ilcoinexplorer.com/  by analytic block 310280.

Of course, I can accept that BSV’s assessment is that ILCOIN has annihilation to do with Bitcoin and their aftereffect is important, back they accomplished it on the bitcoin network, but I anticipate that this is alone a half-truth. Back BSV is a FORK so it has annihilation to do with Bitcoin. If so, again tomorrow we will angle Bitcoin with the RIFT Protocol and again BSV will accept that ours is the better blocksize? I don’t anticipate so…

Q: Are you adage that BSV’s account is not valid?

A: It is the catechism of the point of view, from whose abject we appraise a accurate statement. If I booty it carefully and if I booty as a abject Bitcoin abject (SHA -256 PoW), which has the better alive blocksize in the market, again the champ is the 310280 blocksize on the ILCOIN network. If we acquire BSV’s appropriate acumen that their block is on the bitcoin network, again we can accord them a credit. I anticipate we should be objective, and considerately ILCOIN is the champ in this battle.

Q: Particular individuals from the BSV’s aggregation accept claimed that ILCOIN’s aftereffect is not authoritative, back it has a bazaar allotment of no account. What do you anticipate about this statement?

A: ILCOIN was amid the top 100 cryptos in November 2024. Since again we do accept some difficulties. We are experiencing a affectionate of antithesis adjoin us, on which I would rather not go into detail here. We are not the alone activity who is accepting a adamantine time appropriate now. Filecoin, Waves, and several added projects accept had easier and harder periods.

Nevertheless, to relativize abstruse arete and after-effects alone because the bazaar of a accustomed bread is ample or baby is not a actual able point of view. It is annihilation but address and demagogy. We don’t affliction about it. The accuracy is bright and it reveals for those who are gluttonous it.  I can accept that a billion-dollar activity is aching back a activity which is abundant abate managed to ability a added austere abstruse result, but whether they like it or not, RIFT is still able of a lot added than any added band-aid in the present market.

Q: There are statements about the non-functionality of RIFT. What is your opinion?

A: I anticipate it’s not account commenting. You should aloof download ILCOIN QT wallet and again we can altercate what’s alive and what’s not.

Q: Bitcoin and ILCOIN accept the aforementioned abject back both of them are SHA-256 PoW. Why don’t you angle Bitcoin? Wouldn’t it be an easier business band-aid to body a Bitcoin angle than an own network?

A: I anticipate you cannot adjudge on this arena what is easier or harder. It is a actuality that a acceptable FORK brings an absolute community, with which it is easier to accomplish success than architecture from scratch. Otherwise, ILCOIN’s visions are not the aforementioned as BSV’s or BCH’s. Since 2024, ILCOIN has fatigued altered goals from those which Bitcoin FORK represents. Actually, we are added of a blockchain activity with abiding goals, than a archetypal crypto project. We put accent on blockchain developments. It can be apparent from the results. We accept several different avant-garde solutions.

Q: So you are allotment the adamantine way. Are you not abashed that the activity will not accept abundant attention, because it is accepted by the minority?

A: I anticipate you cannot attending at it like this. In 2024 and 2024 everybody was talking about the block size. We absolutely did it. Today it is not an important issue. It is alone a contemporary catechism in the case of Ethereum back everybody expects the blurred of TX fees. In a word, the trends are changing. Today, DeFi and NFT projects are in the focus. Sincerely, I anticipate it is the appropriate path.

The Blocksize access alone is not enough. It is cogent to acquisition applied values. ILCOIN is able of added than 100.000 TXs, but there is no charge for it. Neither Bitcoin needs it, nor this TX race. Of course, it is all-important to accept low-cost, fast and abiding blockchain systems. However, today it is not the best accordant claiming of the market.

Q: So the on-chain abstracts autumn is not your capital ambition anymore? Previously you created the RIFT Protocol so that it could serve as a abject of your DCB platform.

A: Certainly not, DCB is still an important goal. There are alone concise and abiding goals. Presently DCB is not our best important goal, back we see that the bazaar is not accessible to a band-aid such as DCB. Nevertheless, we are still alive on it, and we accept that aural a few years DCB will be the technology of the future. Anyway, you shouldn’t brainstorm DCB as a accurate solution, back DCB will be able of absolutely a few things. From agenda libraries through decentralized amusing media to blockchain-based solutions of altered bargain platforms, DCB will be absolute for endless fields. Therefore, it’s not account talking about absolute things. We do accept our visions and we are alive adamantine on them, but it is a circuitous activity area we accept to acclimate to a lot of things.

Q: If not DCB, again what is the best important for you appropriate now?

A: This year we appear a VR game, which is accessible on Steam and added sites as well. We created a DeFi activity with WILC, with which we would like to enhance the interoperability amid Ethereum and ILCOIN networks. Soon we will accept a new adaptable bold called Clash of ILCOIN. So there’s affluence for us to do.

We plan to address added absorption to NFT projects because we amount that the challenges in the NFTs are applicable for us. Our users apperceive us. We rather focus on abstruse innovations than concise business goals. Of course, it has a disadvantage, as it’s actual adamantine to attempt with the business of the DeFi projects.

Q: You mentioned DeFi projects and the apropos marketing. How do you see the present cryptocurrency bazaar and what is your eyes on the approaching of cryptocurrencies?

A: It is actual adamantine to adumbrate and I alike don’t like to do so. It’s abundant to booty a attending at BTC’s amount aloft 64K USD. A few months beforehand there weren’t abounding who would accept thought, that Bitcoin would accept had this rally. I didn’t apprehend it either. DeFi activity had additionally absolutely a time, and assertive NFT projects are starting to accept a austere bazaar position. So let’s move from admiration to allegory the market.

I anticipate that again, there are way too abounding projects on the bazaar with the aforementioned goal, which alone favors abstract trading. The big exchanges are cardinal over and access the market. I don’t anticipate that it is all right, but I wouldn’t like to be apparent as a naïve alone with this opinion. I apperceive that the crypto bazaar is abstract and unregulated. In a word, it is accessible to pump up the amount of assertive projects and again delay for the bigger or for the worse to come. This will not consistently be the way. The decentralized exchanges are accepting stronger day by day. On the whole, this centralized ability center, represented by the TOP exchanges, will not be immortal. What will appear afterwards, I don’t know, but the era, area the absolute ability will be the amount and not the pumping, should not be favorable for the business activity with the aforementioned goals and values.

The bazaar will be diversified. It would be additionally all-important appropriate now back you cannot analyze Brave activity with Enjin or Yearn.Finance project. I’d like to add that it is not all-important to do so back it they are not comparable. If I booty a attending at them from the banal market’s angle, again every activity is account absolutely the same, behindhand of its adorning or added bazaar success. Of course, it is additionally alteration but actual slowly. We will see what will be the aftereffect of this. You accept to acclimate to the present whether it’s accessible or not, but in the meantime, you accept to booty affliction not to accord up your own visions. We at ILCOIN Development Team see in the continued run, a added important bazaar than the accepted abstract bazaar bedeviled by centralized exchanges. Fortunately, both our persistency and our ability are added than abundant to delay for the bazaar that will favor us. Until again we do our job and try to actualize added and added ethics for our users. Naturally, they are additionally bare for this, back the bread is in their hands, which is not our responsibility.

For added advice about ILCoin, amuse visit: https://www.ILCoincrypto.com/

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 About Alyona Karpinskaya: Founder of the PR-Blockchain agency, abstruse writer, journalist, and publicist.