Author

Topic: Bitcoin 2.0 Apartheid (Read 879 times)

donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
July 27, 2014, 02:11:51 PM
#3
From what I have read about bitcoin 2.0 it is a "sidechain that fixes certain thing about Bitcoin" and its backed by bitcoin. I still don't understand it. What does it fix? Confirmation times maybe? Would you mind breaking it down a bit if you know any more about it? I am thinking that maybe there isn't enough info about it to get people talking about it.
Without a forum for it, that's not going to happen. There are off-site places, but there needs to be one here.

edit: It's not necessarily a sidechain. Colored Coin is simply metadata of bitcoin transactions using the Bitcoin blockchain.
sr. member
Activity: 252
Merit: 250
July 27, 2014, 02:06:15 PM
#2
From what I have read about bitcoin 2.0 it is a "sidechain that fixes certain thing about Bitcoin" and its backed by bitcoin. I still don't understand it. What does it fix? Confirmation times maybe? Would you mind breaking it down a bit if you know any more about it? I am thinking that maybe there isn't enough info about it to get people talking about it.
donator
Activity: 1736
Merit: 1006
Let's talk governance, lipstick, and pigs.
July 27, 2014, 01:30:19 PM
#1
Unless you have a pump and dump altcoin like ether, xrp, mastercoin, counterparty, or others, there is no place in the forums to talk about Bitcoin 2.0 experiments. They are not altcoins, because they are 100% pure Bitcoin. I've posted in Meta that they deserve their own forum, but it falls on deaf ears. There seems to be prejudice against them because they don't benefit some VC.
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