- Dr. Martin Hiesboeck Uphold’s Head of Research criticizes Bitcoin’s limitations and maximalism.
- Hiesboeck highlights Convex as a potential successor to blockDAG technology like Kaspa.
- Hiesboeck advocates for a multichain future and collaboration over focusing on token prices.
Uphold’s Head of Research, Dr. Martin Hiesboeck, has criticized Bitcoin maximalism and advocated for a more open-minded approach to blockchain innovation, highlighting the potential of emerging technologies like Convex.
In a recent X post, Hiesboeck highlighted Bitcoin’s limitations, describing it as an outdated and potentially flawed technology. He noted that while the blockDAG model addresses blockchain trilemma issues, it still relies on a sequential order of blocks and transactions.
Here is an explanation of why I think being a maximalist for anything including $KAS is dangerous.We now recognize #Bitcoin is a very limited, and perhaps flawed and ultimately doomed old technology. We hail the #blockDAG as the holy grail that solves the blockchain trilemma.…
— Dr Martin Hiesboeck (@MHiesboeck) June 27, 2024
In light of this, Hiesboeck introduced Convex, an emerging technology…
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