Tixl Buster

I was very pleased with this announcement by the Tixl Team in Medium. Let me try to explain why. What is Tixl In the very beginning, they state their intention:  " The ultimate goal is to have one single high-performance network for all tokens." This is big! And notice they don't say "we want to replace bitcoin" or "we want to replace whatever". Because that is not what this project is about. In fact, I said it before and I will say it again: Tixl is the project that could make BTC become what it wanted to be from the very beginning - a digital currency that is used globally. What is Tixl's main product The team states very clearly:  "Our main product was and is the Autobahn Network. This will stay our core product." Now that they've implemented support fot BTC and ETH/ERC20, they will work on making the Autobahn better: they will implement decentralization, perform audits and connect more networks. This is the birth of a core produc...

We had very interesting news this week: El Salvador decided to approve the use of BTC as currency in the country. It is a small country but the implications related to this are huge. Right after this announcement, we hear that India is studying the possibility, and Texas (?). Yes, Texas. How practical is this though? What is the reason for El Salvador to do this? They say it is because it will be easier for people who are from El Salvador but live in the US, to transfer money to their families in El Salvador. Is that true? Does that make sense? I'm not so sure. These are the points that made me think about this: What is the cost to transfer money from the US to El Salvador? Will people use in El Salvador actually use BTC to buy stuff? The cost to transfer money Ok. We all know that it is expensive to send money from the US to El Salvador (or anywhere abroad) using the traditional means (banks, wire transfers, even Western Union). If someone sends US$1,000, they could have that turn...

Introduction In order to explain what is Tixl, we first have to understand a little better what are the problems that Bitcoin, Ethereum and other crypto coins have. If we don't have the correct understanding of those, Tixl might just not make any sense. This article is written for people who have some understanding of crypto. People who have traded and transferred cryptos from/to their wallets from/to Exchanges etc. My first time (and probably yours too) The first time I bought a crypto, I got really scared. Before anyone ever explained to me why crypto was something interesting, I had my mind set to "this is good for illegal transactions like buying drugs or guns or whatever". So, even after understanding what it really is about, the first time I actually bought some, I still felt like I was going to some kind of dark, obscure place. Then I put my order and it got executed. My money came out of my account and... no bitcoin in my wallet. My first thought: "refresh, r...

Earlier this month, I wrote an article " Who are Tixl's competitors? ". If you read it, you've seen that I think that Tixl has no competitors. But we need to be realistic here. I also wrote an article where I mention that not always the best technical solution is the one that dominates the market . The point is: competition can come from anywhere, at any time. From a technical point, I still think that Tixl is the best solution but we need to be fair and look at other solutions that have a similar proposition to Tixl's: fast and cheap (I think these are the main business problems everyone wants to solve), and interoperability (which I find more difficult to explain). Cardano (ADA) For all I know, Cardano is a Layer 1 solution, just like Tixl. And it was born earlier, when the founder didn't agree with what was being developed for ETH. I think he understood that, the more the ETH network grew, the slower it would get, and the higher the price of ETH, the more e...

Very good!? Pump and dump? Would it be good or bad for TXL's image? A lot of people seem to agree that TXL needs to be listed on a major Exchange. Some will say: It needs to get listed for price to soar, OR Price will soar if it gets listed, OR If it gets listed now price will pump and dump. It seems like everybody knows the answer: everything is so simple. I don't think like that. Actually, I think I have more questions than answers. First of all, let me try to separate points (1) and (2) above since a lot of people will say they are the same. For me they are not the same because they depend on the mindset of the person who said it. Some people just want to make money and leave This is the kind of person that doesn't know or doesn't care about the project. He either bought in at a very low price (or market cap) because someone he knows said it is good and return will be over 10x or 100x or maybe he is one of those ICO / IDO hunters who just want to ride the "Alt-c...