Topic: [ANN][Main] Bitcore- BTX - Datacarriersize up to 220 bytes - page 197. (Read 729890 times)

The economic parameters of Bitcoin are well known and unlikely to ever change, there is no leader to authorise any changes, so the interplay between bitcoin price, and hash rate, and PoW difficulty is allowed to work itself out without any interference from any outside forces.

Bitcoin could be banned in every country on the planet, and the price would adjust as many stopped using it, and then so to would the total hashing power on the network adjust, and then the difficulty adjusts etc. This mechanism is known to everyone, and set in stone for Bitcoin, so all actors know the 'game', and as long as you accept that a total ban would be as effective as the war on drugs, people will always use bitcoin, and people will always mine bitcoin. This is the magic that satoshi created by disappearing.

So, to answer your question, Bitcoin hashrate is decentralized because miners are always free to enter and exit based on their personal profit/loss calculation, today it can be concentrated due to economies of scale, but those miners have zero incentive to break the system that makes them money, and even if they did try, and Bitcoin price dropped to $10 after a crisis of confidence, all that would happen would be new miners with cheaper costs enter the market, and the parameters adjust. At some price people would end up mining on cpu's again, the Bitcoin network doesn't need a particular price to keep it going  , it will go on forever, even if it's illegal, because it is useful and nobody can control it.

The key is there is no Bitcoin HQ, or leader, or even dev team, we all own and control the Bitcoin network. This is not the same as any other crypto, most have dev teams and leaders who make decisions everyone else has to accept whether they like it or not, and those leaders can be harrassed by nefarious forces at any time. The Bitcoin governance system is perfect, because it doesn't exist, this is the paradox.

You could solve some puzzle to earn some bitcore, Just backread to some pages.

there is some bounty contest still running!? tnx a lot.

No, coins can be still claimed at a 0.5 to 1 ratio if I know right.
"what is the unique trait of BTX"?
Well when I invested into this coin I asked what are the unique traits of BCH, BCG and the others so why do they worth a lot lot more? nothing really, just hype...
A lot of people do not even know about this coin that preceded the other forks... so time works for this coin versus the big guys.

Not to mention, the devs are talented. If they wanted to they could have implemented other stuff such as private transactions that is BS, Bitcoin was used with its transparent ledger for writing ransomwares and who was caught for it? Nobody.
Ethereum interpreters to interpret smart contracts? Big lol for it, and also a huge attack surface. But that is only my oppinion, really.

All people ask about a new and big exchange. I think this is not the right moment. First we need to get the hype into the people and push them into FOMO but unfortunately they must go on Criptopia and Bit-Z. That will be the moment of a new and big exchange like Binance Bittrex, ubit or other decent exchange. The bigger exchanges will come but the first item on the agenda right now is to finalizing the White paper launching which is being delayed due to some technical movement but we hope this will be launched soon..... We have to be realistic, we need improvement of communication, specs of techs of BTX. We believe that dreams never die.... BTX will fulfill our dreams!!!!!!!!!

And I think that BTX is just too similar to all other coins which are faster than BTC.

BTX is:

1. fast - a lot of other coins are fast
2. cheap transactions - a lot of coins are even with free transfers
3. secure - almost all offer this as a feature
4. decentralized
5. anonymous to some extent

So BTX now is without the claimed fork coins (already claimed) and the airdrop coins (already ended).
My question is - what is the unique trait of BTX which is good enough to
make BTX a payment leader?

If it works for you, you can compare it with LTC for example.

You should add Serbia to that list! 

Sounds like it was /on not /in the bin !

Real question is who would throw out BTX sticker , maybe someone who dumped BTX recently

You will be surprised to know that BITCORE_BTX has a extremely strong community from more than 50 Countries and this number is growing everyday... This not only proves how much decentralised Bitcore is but also how much popular it is..

Come and Join us and Survive the Apocalypse ✌️

A happy middle ground is needed. Full decentralization of development, as seen with Bitcoin, means a lack of funding and a lack of direction. They have been unable to adapt to the changing environment. If anything, I believe that is the greater risk in the two choices. Really a good set of governance would solve the majority of this problem. It would allow the users to impact the development of the coin and really have a say but it would also allow the developers to guide the coin in a meaningful way. The balance between the two is absolutely key as far as I see it.

you could vote multiple times like everyone does

Wow, we're nowhere on that Cryptaldash poll.

:/

done voting too, it seems only onion is a little bigger in active follower size against us,
lets crush them this time
we will need full support by community for this, come one guys, do it

Voted. Bitcore has a very large community today. Let's all unite and vote. By this we can prove that our Bitcore is worthy of attention, and we will be able to attract many followers.

They disagree:


Bitcoin is not a decentralized scaling solution in the first place, and Bitcore is a Bitcoin-fork.

Can you confirm that control of hashrate is decentralized?

What were you looking for there?

try to add yourself to Bitcore_puzzle telegram group.
people are sharing info to help each others