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Topic: Bitcoin or Netcoin ? - page 3. (Read 709 times)

legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
September 24, 2022, 02:01:20 AM
#11
In my opinion: Netcoin sounds better when talking about the network, while Bitcoin sounds better when talking about the asset/currency.

On the top of my head, what I'd probably prefer is something like "bitnet" when describing the network, and "bitcoin" when describing the asset/currency. "Bitcoin" for the network and "bitcoin" for the asset/currency can be quite confusing for some.
From the very beginning if bitnet have been used to describe the network and bitcoin for the currency means this could've been better and people used to it. Now if we think of such a term it feels different and sounds like doesn't make a connect.

Also as pooya87 mentioned this name have been already done, because throughout the program bitcoin is added. Anyhow even if it was named "Bitten" the popularity and the growth would've never shrunk, as the technology is very strong.
legendary
Activity: 3472
Merit: 10611
September 23, 2022, 11:45:57 PM
#10
That is very interesting but a little odd to be honest because at that point the code must have been written and "bitcoin-qt" should have been at least 80% complete. This means that the name should have been already set and any change would have required significant changes in the code, comments on it, etc.
member
Activity: 1218
Merit: 49
Binance #Smart World Global Token
September 23, 2022, 10:10:12 PM
#9


Our guy Satoshi Nakamoto made the right choice of using Bitcoin rather than Netcoin. The kind of impact that Bitcoin has so far delivered for the whole world to witness can partly be attributed to its name. In the world where brands are fighting for attention of the people or the market, having a good name is always important as we have seen many good products falling away because the name is lousy and has no power in itself to gain some good attention. With Bitcoin this is surely a a biting name.
mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
September 23, 2022, 10:05:22 PM
#8
In my opinion: Netcoin sounds better when talking about the network, while Bitcoin sounds better when talking about the asset/currency.

On the top of my head, what I'd probably prefer is something like "bitnet" when describing the network, and "bitcoin" when describing the asset/currency. "Bitcoin" for the network and "bitcoin" for the asset/currency can be quite confusing for some.
legendary
Activity: 3080
Merit: 1353
September 23, 2022, 08:42:01 PM
#7
For me it seems that he has not decided yet to the name of his project,

Netcoin - Internet coin, this is what we call bitcoin, magic internet coin

Bitcoin - more subtle, but it attracts attraction, bit = 0 or 1.

But I do agree that he make the right call to stick with Bitcoin, if he is the one who registered the name Netcoin as well.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
September 23, 2022, 08:31:45 PM
#6
Actually, no one will support any revamp ( I'm not saying that's what you mean tho).
  The current name gives the whole digital process,a kinda magnificent display honestly. BIT-coin ; okay someone could Vividly understand that those digital coins are made-up in BITS and apparently, those bits are called Satoshi.

Anyone who's interested , probably in owning 1 Bitcoin should havr stacked-up enough sats which are also known as bits.
The name alone is a BRAND to which it function lies and that makes it self explanatory. Maybe netcoin could've been an ordeal in today but, it wasn't chosen so I think it wasn't guaranteed.

Cheers ,
Sandra💇
hero member
Activity: 3038
Merit: 617
September 23, 2022, 08:30:35 PM
#5

It's too coincidental for this to happen. Assuming it's Satoshi who registered these domains. It's really possible to trace him with the information from the registrar because during that time, even if you want it to be anonymous the registrar will still need your data.

Would you say that BTC is planned not just by Satoshi alone, someone must have advised him what to name right?
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
September 23, 2022, 06:52:29 PM
#4
This was an interesting development. I would agree that Bitcoin was the right choice. I think he probably figured people would eventually trade “bits” (instead of satoshis) which sounds a lot better than “nets.”

It does show where his mind was at though. Currency built to be used on the internet was clearly the goal.
hero member
Activity: 2310
Merit: 532
DGbet.fun - Crypto Sportsbook
September 23, 2022, 06:35:30 PM
#3
Finally he have chosen the right name, because netcoin means it gets connected with internet connectivity whereas the bit means data. Probably we can soon see projects on this name, and promoting in the name of Satoshi.
sr. member
Activity: 812
Merit: 257
PredX - AI-Powered Prediction Market
September 23, 2022, 06:21:02 PM
#2
that's good info sir, i just heard netcoin.org i thought it was a different forum, apparently not the name of bitcoin is easier to remember and simple to say, although its function is more important than a name
hero member
Activity: 517
Merit: 11957
September 23, 2022, 05:55:24 PM
#1
Today, information appeared that Satoshi Nakamoto, presumably, could call bitcoin a little differently:


Judging by this find, it is possible that Satoshi chose between the names "netcoin" and "bitcoin", but chose the second option, or he prepared absolutely two projects, but the first one was not released at all. What other options do you allow?
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