Bytecoin is ridiculous. We all know it, some people are just mining it on the off chance that people's IQ's suddenly drop sharply and this thing takes off.
To be honest I'm a little embarrassed that it's been allowed to carry on as long as it has. This community should be smarter than that.
To be honest I'm a little embarrassed that it's been allowed to carry on as long as it has. This community should be smarter than that.
when transaction fees begin to become a problem for people they are going to look for an alt chains to use to avoid those fees. Since bitcoin1 worked so well why not a bitcoin2? its familiar, its tried and tested, we know it works we know its reliable we know it has the full weight of the bitcoin development team behind it.
Dont get me wrong im all for innovation, but only legitimate innovation, not changing a few properties just for the sake of it, just so you can say that your altcoin is different. Thats the sort of "innovation" we see in all altcoins (that or they are broken like ppc). If that is the sort of innovation we are being offered than i say no thanks, ill stick with good old bitcoin and since good old bitcoin is going to run out of room eventually, ill move on to good old bitcoin2. Of course that is subject to change if someone does happen to create a cryptocurrency that is legitimately innovative, and a bet on bitcoin2 is a bet on the chance that this doesnt happen, how ever likely that may or may not be.
