Comparison to Other Cryptos | Bitcointalksearch.org

CageMabok

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

Every challenge will never be the same, especially if the projects you are referring to have just developed in the current era where the momentum and environmental conditions themselves are also very different. Moreover, claims from one party like that will never be accurate so you yourself do not need to immediately believe their claims about being decentralized because so far I don't think anyone has been able to beat Bitcoin in anything including in terms of Blockchain development itself.

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What lessons could BTC learn from these projects, if any?

If there are indeed and the innovation is truly new, of course it is not only Bitcoin who will learn the new thing, but there will be many other parties who will also see and analyze it so that it can be applied to their respective projects in the future. But I also want to know what project you are referring to because I don't see you mentioning the name of a project here.

Swordsoffreedom

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Even though I am a bitcoin investor and I like bitcoin a lot, but unlike many others, I even hope it happens. Because our world is constantly evolving and it would be great if we had a better currency than bitcoin to serve us. But I don't think we'll see that anytime soon, I don't think there's going to be any currency that can beat bitcoin at least in this decade.

Looking at what is going on, millions of altcoin projects have been created but most of them are just focused on profit, pump and dump...without any use case. How can it be decentralized or will it be better than bitcoin? I bet that's what you think, no project dares to claim that.

AVE5

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

Op is probably getting it on wrong insight here but it assumed he'd probably mean blockchain network security instead of decentralization because bitcoin the first cryptocurrency was basically inspired to be invented by Satoshi Nakamoto with the view and possibilities inventing a decentralized currency was achieved and after then AltCoins imitated.

CoinFoxs

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

No other projects have claimed that we are more decentralised then bitcoin platform, bitcoin still on NO.01 in decentralisation. if you really heard then please do write names of those projects.

cryptoaddictchie

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

Bitcoin as I believe the only decentralized project as there is no VC team on this beside Satoshi that holds coin and which hasnt touch any coins for potential profits to dump on.

Moat new projects which are altcoin said that they are decentralized but alloted a lot of tokens to team so this is quite a buzz for decentralization. Honestly no one can match bitcoin on that aspect maybe there are some projects but cant match bitcoin. There are some with no team alloc like memecoin but theres no pure utility there o why compare.

kotajikikox

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Quote from: bitmover on November 29, 2024, 06:56:26 AM

There isn`t any project which is more decentralized than btc. Also, there isn`t any that claims to be so.
What are you talking about? Any project in your mind?

I don’t give any ounce of attention to new projects that claim to be more decentralized than bitcoin which is why I can’t think of anything but I am sure there have been already. Everyone is trying to imitate the original and failing because there will be nothing like bitcoin or at least not in the next few years.

The thing is those projects who claim to be the next bitcoin or to be better than bitcoin most likely did not even spent that much time developing their project. They just want attention and what’s the easiest way to grab attention? Make big claims.

Outhue

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Is this a joke or what?

Other crypto projects can't even maintain decentralisation for long and you are here talking about how they are more decentralised than Bitcoin? There is none, I have no hate for other crypto projects and I have invested heavily on other coins too, but I know how neat Bitcoin decentralisation is, since i have been into crypto world there is nothing that comes even close to Bitcoin, it is different from every other blockchain projects ever created.

o48o

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

What do you mean by "decentralization" Name one project that claim this and i guarantee that, those projects haven't got any real stress tests, or serious attacks in levels of bitcoin.

Yes, one could argue that huge mining farms could bring down decentralization and there could be ways to combat this, or that when majority of that mining is controlled by specific country, it's a bad thing. But when BTC doesn't have a company that regulators could attack to, it's isn't centralized around it either, unlike some altcoins, or even worse, altcoins with private source code.

Odusko

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

No project is more decentralized than bitcoin and if there is any claiming to be so, just know that they’re just blabbering and looking for attention which in some time, they won’t be relevant again. Since the inception of bitcoin, many cryptocurrencies have tried to compare themselves with bitcoin and always want to have an edge over them but all proves abortive and bitcoin continues to stand undefeated and untouchable when it comes to decentralization as a whole. So don’t waste your time on these projects that are showcasing and trying to compare themselves with bitcoin, they are just waste of time in my opinion and should be avoided.

Perfectbaby

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Please i would want you to list those project that are more decentralized than bitcoin itself.
Like i know bitcoin is the only most decentralized coin apart from those project that claims to be privacy coin, which includes; (Dash, Zcash and Monero) respectively, though i don't really have the comprise list of privacy coin but for my little understanding i know that these are coins that posses to be privacy coin even as that they don't compete with bitcoin for any reason.

passwordnow

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

By just having that justification? maybe a very few of them but the majority, don't.

Quote from: BitJannik on November 29, 2024, 06:31:21 AM

What lessons could BTC learn from these projects, if any?

There's only one lesson that they need to understand from these projects and that's they cannot outsmart and oust Bitcoin. Because why they keep on using bitcoin's name as for its technology, blockchain, features, etc. etc. It's because the popularity is already in there and they're trying to fetch some from it instead of working just alone and for their own sake.

TheUltraElite

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So anyway, I applied as a merit source :)

I am yet to see another blockchain project that is "more" decentralized than bitcoin. On the surface people may claim or make it appear like that but in reality such projects dont exist yet.

Hence when someone comes to you with this type of a claim, you are most likely dealing with a scam. If you see someone peddling one on their own, dont encourage them or this community here will not let them sleep with their accusations in future.

Iranus

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If Saotshi can create bitcoin then it is no surprise that someone can create a better project than bitcoin because technology never stops evolving and geniuses always appear. But as far as I know, there is no project like you said so far, bitcoin is still considered the most decentralized and best project when it comes to blockchain or cryptocurrency field.

Like many other investors, I also regularly follow market news but I don't see any projects claiming that they are more decentralized than bitcoin or better than bitcoin. At least you should tell us which project you are referring to instead of being so vague.

hugeblack

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From your previous posts it seems that you are interested in Kaspa. Decentralization has not become a profitable criterion so many coins and tokens being launched no longer care about such classifications and may prefer to be centralized to avoid regulatory restrictions or problems with the government.

pooya87

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You need to be specific and name the cryptocurrency that has made the claim so that we can first analyze that claim to see if it is true (which is unlikely because the existing altcoins I've seen have more traces of centralization than bitcoin has) and then analyze how it was achieved to "learn from it".

Ambatman

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I don't know if a Blockchain can really claim such
Because most Blockchains can only brag about beating Bitcoin in scalabilty.
If they can have a bigger community and nodes than Bitcoin then they can claim such.
Bitcoin has nothing to learn
Why should an Original imitate a copy.

Findingnemo

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Decentralisation is achieved through multiple layers but I just want to mention something common that anyone can understand why Bitcoin is being the most decentralised blockchain than any others.

The nodes are responsible for the validation of the blocks and Bitcoin network has the most number of nodes that makes it as highly decentralised on the validation level than any other. People debate that mining pools are controlled by few pools that pose 51% attack on the network which raise concern about decentralisation but in reality miners act at the interest of network even when they had over the required to do such attack.

PX-Z

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

Those claims doesn't have any facts and are false. Compare to number of nodes, bitcoin has the highest in numbers and is in PoW in concept compare to PoS which most new tokens are now in use. They should learn more on bitcoin instead.

Churchillvv

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I haven't seen any article that says what, what, what coin is more decentralised than bitcoin, only coin that I recognise is monero which is only privacy focus and not more decentralised than bitcoin.

So what coin or project do you think is to be compared with bitcoin decentralised system? you have to let us know maybe we haven't heard of it or we are lazy to know about it. what think Huh

bitmover

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Quote from: BitJannik on November 29, 2024, 06:31:21 AM

Some blockchain projects claim to be more decentralized than BTC.

There isn`t any project which is more decentralized than btc. Also, there isn`t any that claims to be so.
What are you talking about? Any project in your mind?

BitJannik

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Some blockchain projects claim to be more decentralized than BTC.

Do they succeed in this regard or do they face similar challenges?

What lessons could BTC learn from these projects, if any?

Topic: Comparison to Other Cryptos (Read 222 times)