STRAKS Comparison with Leading Digital Currencies


There is only one digital currency on this list that is designed - from the bottom up - to be scalable, fast, low cost, secure, decentralized and provide for instant utility, and that is STRAKS, the alternative conclusion is simply an escalation of commitment. As part of STRAKS’ decentralization manifesto, we fully support a diverse crypto-currency sector - with the caveat that we are strictly against the concentration of hashing power, through the use of asic hardware.

Escalation of commitment refers to a pattern of behavior in which an individual or group will continue to rationalize their decisions, actions, and investments when faced with increasingly negative outcomes rather than alter their course.