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Topic: Bitcoin 2.0 - page 2. (Read 4340 times)

sr. member
Activity: 420
Merit: 250
August 23, 2014, 03:10:29 AM
#49
http://www.cryptocoinsnews.com/news/gavin-andresen-outlines-bitcoin-2-0-without-ethereum/2014/06/09

We dont need ethereum, we should Stop thinking about 2.0 untill 1.0 is out of the door nice and stable and clean we can should start thinking of advancing BITCOIN!!! All that is ethereum is, is someone trying to get rich because they missed out the glory of BTC.

Sidechains, tree chains & Multi-sig contracts  should be able to do the vast majority of what ethereum is and make Bitcoin even greater. But , everyone wants to be rich so they push alt coins and 2.0 pump and dumps with all their might.

Have you seen the ethereum paper? For fuks SAKE its like one big complicated mess!!! Even Gavin says we can do all with bitcoin and with much less work and less complications. People need to think!!
full member
Activity: 216
Merit: 100
August 23, 2014, 03:07:39 AM
#48
Bitcoin 2.0...haha I am wondering what did the owner think before naming it..
It will crash easily..
It's NOT a coin.
It's is a group of competing and cooperating projects: Ethereum, Nxt, Bitshares, and others.
What did the owner think before naming it? What are you talking about?
Cooperating? I don't think so. Competing projects? scams? Yes.
Like it was previously said in the thread, you can't name something Bitcoin 2.0 when in fact it is not Bitcoin.
We are a far far away from reaching v2.0.
It's not hard to find posts related to these projects and there is no need for their own sub-forum/s.

OK, I've decided to agree with you  Smiley

Let's not call the innovation happening Bitcoin 2.0, let's call it blockchain 2.0.

Good?  Or you just don't like innovation?
legendary
Activity: 2674
Merit: 3000
Terminated.
August 23, 2014, 02:55:21 AM
#47
Bitcoin 2.0...haha I am wondering what did the owner think before naming it..
It will crash easily..
It's NOT a coin.
It's is a group of competing and cooperating projects: Ethereum, Nxt, Bitshares, and others.
What did the owner think before naming it? What are you talking about?
Cooperating? I don't think so. Competing projects? scams? Yes.
Like it was previously said in the thread, you can't name something Bitcoin 2.0 when in fact it is not Bitcoin.
We are a far far away from reaching v2.0.
It's not hard to find posts related to these projects and there is no need for their own sub-forum/s.
full member
Activity: 216
Merit: 100
August 23, 2014, 02:46:28 AM
#46
Bitcoin 2.0...haha I am wondering what did the owner think before naming it..

It will crash easily..

It's NOT a coin.

It's is a group of competing and cooperating projects: Ethereum, Nxt, Bitshares, and others.

What did the owner think before naming it? What are you talking about?
member
Activity: 82
Merit: 10
August 23, 2014, 02:38:49 AM
#45
Bitcoin 2.0...haha I am wondering what did the owner think before naming it..

It will crash easily..
newbie
Activity: 33
Merit: 0
August 23, 2014, 01:57:32 AM
#44
Bitcoin 2.0 is quite different from 'altcoins'. Shouldn't this forum have a category 'Bitcoin 2.0' for all those projects?  It is VERY hard to find posts related to the Bitcoin 2.0 concept as they forever lost in the trash that is 'Altcoins'.  What gives? 

C'mon Theymos - organize the site in a way which is most useful to the readers.  Maybe the management here has something against Bitcoin 2.0 world?  Weird.
Imo the idea of Bitcoin 2.0 sucs. We didn't even have 1.0 BTC core! What are you want? To jump over the generation of a crypto currency?
full member
Activity: 216
Merit: 100
August 23, 2014, 01:51:25 AM
#43
the bitcoin genesis, bitcoin protocol and the 5 years of blocks are only at 0.9
will you get it into your head that unless a blockchain contains bitcoins genesis block and 5year block history, then it is simply no version of bitcoin and is purely an altcoin

As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.


what you are describing is businesses which is a layer/step away from the protocol. and its not that exciting. localbitcoins has been a decentralised exchange for a long time.

all these altcoins are just redesigning the wheel where the function already exists, but the 'spit and pollish' makes their gimmicks sound and look new. i have yet to see anything that is what i would describe as 'special' or unique, worthy of adding to bitcoins protocol

Here's the dev behind one 2.0 project:

"BTSX was designed with the assumption that all crypto would be banned from formal exchanges.   The need for a trust-free proxy to the dollar / gold / silver was required as well as decentralized price discovery.   Localbitcoins is much more viable with BTSX and BitAssets because you don't have to match bid/ask/location... just location."  

Just wanna point out that the original idea for BTC is peer to peer , not centralized exchange.

Yeah, but that has been eroding ever since mining by cpu was no longer feasible. The tendency for bitcoin has to become more and more subject to centralizing forces and central points of failure (mining pools, massive mining farms. exchanges) and now the regulators are trying to jump in big time.

Evolve or become irrelevant.
legendary
Activity: 882
Merit: 1000
August 23, 2014, 01:34:11 AM
#42
the bitcoin genesis, bitcoin protocol and the 5 years of blocks are only at 0.9
will you get it into your head that unless a blockchain contains bitcoins genesis block and 5year block history, then it is simply no version of bitcoin and is purely an altcoin

As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.


what you are describing is businesses which is a layer/step away from the protocol. and its not that exciting. localbitcoins has been a decentralised exchange for a long time.

all these altcoins are just redesigning the wheel where the function already exists, but the 'spit and pollish' makes their gimmicks sound and look new. i have yet to see anything that is what i would describe as 'special' or unique, worthy of adding to bitcoins protocol

Here's the dev behind one 2.0 project:

"BTSX was designed with the assumption that all crypto would be banned from formal exchanges.   The need for a trust-free proxy to the dollar / gold / silver was required as well as decentralized price discovery.   Localbitcoins is much more viable with BTSX and BitAssets because you don't have to match bid/ask/location... just location." 

Just wanna point out that the original idea for BTC is peer to peer , not centralized exchange.
full member
Activity: 216
Merit: 100
August 23, 2014, 01:08:56 AM
#41
the bitcoin genesis, bitcoin protocol and the 5 years of blocks are only at 0.9
will you get it into your head that unless a blockchain contains bitcoins genesis block and 5year block history, then it is simply no version of bitcoin and is purely an altcoin

As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.


what you are describing is businesses which is a layer/step away from the protocol. and its not that exciting. localbitcoins has been a decentralised exchange for a long time.

all these altcoins are just redesigning the wheel where the function already exists, but the 'spit and pollish' makes their gimmicks sound and look new. i have yet to see anything that is what i would describe as 'special' or unique, worthy of adding to bitcoins protocol

Here's the dev behind one 2.0 project:

"BTSX was designed with the assumption that all crypto would be banned from formal exchanges.   The need for a trust-free proxy to the dollar / gold / silver was required as well as decentralized price discovery.   Localbitcoins is much more viable with BTSX and BitAssets because you don't have to match bid/ask/location... just location." 
legendary
Activity: 4424
Merit: 4794
August 22, 2014, 11:41:20 PM
#40
the bitcoin genesis, bitcoin protocol and the 5 years of blocks are only at 0.9
will you get it into your head that unless a blockchain contains bitcoins genesis block and 5year block history, then it is simply no version of bitcoin and is purely an altcoin

As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.


what you are describing is businesses which is a layer/step away from the protocol. and its not that exciting. localbitcoins has been a decentralised exchange for a long time.

all these altcoins are just redesigning the wheel where the function already exists, but the 'spit and pollish' makes their gimmicks sound and look new. i have yet to see anything that is what i would describe as 'special' or unique, worthy of adding to bitcoins protocol
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
August 22, 2014, 10:37:33 PM
#39
As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.

The invention of the blockchain marks the beginning of the end of centralization OF ALL THINGS, not only money.
full member
Activity: 216
Merit: 100
August 22, 2014, 09:39:39 PM
#38
As someone who has lost considerable amounts from failed or dishonest exchanges and from regulatory seizure of accounts and on centalized crypto equity markets:

The central points of failure in Bitcoin are well known and are very worrying.
De-centralization is of paramount importance.

Bitcoin 2.0 projects are attempting to do away with centralized points of failure by providing decentralized banks and decentralized exchanges and decentralized markets.

Let's hope one or more of them succeeds.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
August 22, 2014, 08:22:24 PM
#37
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
August 22, 2014, 07:52:51 PM
#36
We are actually not using Bitcoin 1.0 yet.  We are still in Beta.  Actually, 0.9.2.1  So if you must be a fucking pedant - then go with that definition.  However, to nearly everyone else 'Bitcoin 2.0' simply refers to the general area of an extended Bitcoin.  

WTF do you think 'Web 2.0' means?  Why don't you Google that to learn what the common meaning of the '2.0' extension is?  

Your very strict definition is just plain dumb.  

Everyone except you understands what 'Web 2.0' and 'Bitcoin 2.0' is intended to mean.  

Maybe we should start calling it: "Bitcoin Plus"
Why does the opinion of some random guy on the Internet (me) upset you so?  

I think you doth protest way too much.

Do you happen to have a lot invested in one of these "Bitcoin 2.0" bolt ons to the Bitcoin protocol?
legendary
Activity: 4424
Merit: 4794
August 22, 2014, 06:58:04 PM
#35
Please tell us when we can call something bitcoin 2.0 according to your definition.  

what are the significant features of bitcoin 2.0?

what i would define as a viable bitcoin 2.0 is where the blockchain holds the bitcoin genesis block of 2009 as designed and created by the pseudonym Satoshi, and all blocks thereafter.... but where the protocol has evolved to such an extent that the protocol is unrecognizable compared to bitcoin 0.1 and the features and benefits are evolved to not be the same as bitcoin 0.1

at the moment the changes to the protocol only amount to 0.9 so a bitcoin 2.0 is far far far away from happening any time soon.

in short if it does not have the bitcoins genesis block in it. its not any version of bitcoin at all
hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
August 22, 2014, 04:08:25 PM
#34
What is BTC 2.0? Can you link me to article/thread?
Nxt coin, master coin, ethereum, swarm etc.

And yes it is not fair to categorize these as 'alt coins'.  They are so much more than that

Those aren't Bitcoin 2.0. Those are just secondary protocol chains.
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
hero member
Activity: 874
Merit: 1002
August 22, 2014, 03:54:57 PM
#32
Please tell us when we can call something bitcoin 2.0 according to your definition.  
Easy, when it is a new and improved version of the actual Bitcoin protocol - as anyone and everyone would expect it to mean.  We are using the first version of the Bitcoin protocol (1.0) when the next version of the protocol is released that would be called "Bitcoin 2.0"

I wanted to add something here:

It will be Bitcoin 2.0 when it is an improved version of the Bitcoin 1.0 protocol and my Bitcoin 1.0 BTC can be seamlessly and effortlessly converted (or duplicated) into the new version 2.0 BTC in a fair and transparent way (see Peter's proposal).

We are actually not using Bitcoin 1.0 yet.  We are still in Beta.  Actually, 0.9.2.1  So if you must be a fucking pedant - then go with that definition.  However, to nearly everyone else 'Bitcoin 2.0' simply refers to the general area of an extended Bitcoin.  

WTF do you think 'Web 2.0' means?  Why don't you Google that to learn what the common meaning of the '2.0' extension is?  

Your very strict definition is just plain dumb.  

Everyone except you understands what 'Web 2.0' and 'Bitcoin 2.0' is intended to mean.  

Maybe we should start calling it: "Bitcoin Plus"


full member
Activity: 216
Merit: 100
August 22, 2014, 03:29:40 PM
#31
Wow, the owner couldn't find a better name? BTC 1.0/original will be the best always..

I suspect this coin will crash.

Bitcoin 2.0 isn't a coin. It is a group of competing/co-operating projects trying to innovate the next iteration of the cryptocurrency technology. First to market with a truly innovative advancement will do VERY VERY well.
legendary
Activity: 2646
Merit: 1138
All paid signature campaigns should be banned.
August 22, 2014, 03:25:22 PM
#30
what are the significant features of bitcoin 2.0?
Evidently anything that can be bolted on to the Bitcoin protocol is to be called "Bitcoin 2.0" so any wild idea of something that can be added on is your list of features.
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