Author

Topic: How come there is no competitor to Bitcoin yet? (Read 2849 times)

legendary
Activity: 1246
Merit: 1016
Strength in numbers
with improvements built into the system, from all the bad experiences of bitcoin.

no one is doing such a thing?  Huh

We were waiting because we thought it was your turn to build a decentralized open source crypto currency. You gunna?  Huh

i thought it was you.  Grin

whatever happened to evolution and the competitive free market innovation?

Free market means people can act on their ideas without violent restriction, it doesn't spawn competitors by magic. I'd love to see something better, I'm not holding my breath.
legendary
Activity: 980
Merit: 1020
There's namecoin.

http://bitcoinweekly.com/articles/technological-jailbreak-bitcoin-to-namecoin

Above is an article I wrote that explains why namecoin is important and what it is trying to solve.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
I have one, but I'm hoarding all the beastcoins until they are all mine muhuhaha!
full member
Activity: 153
Merit: 100
Why *should* there be a "competitor" ?   Who/What is there to compete with ?

You have a better system that offers significant advantages over Bitcoin in mind ?

A well-thought-out tested, open-source system that has the thousands of man-years and terawatt/hours of the existing system behind it ?

Or are you just another "Damn, This thing is already big, and I missed out out on the opportunity to be an early adopter, wheres the / restart-a-coin ?" Newbie ?
sr. member
Activity: 373
Merit: 250
It's still there.  There is absolutely nothing preventing anyone from making a newer and better Bitcoin.  If it provides clear advantages to Bitcoin, I will switch, just as I choose to use Bitcoin because I see clear advantages to it over Paypal and the like.  Dwolla is attempting to do the same, so all the power to them.

This "version" (so to speak) simply has the first-to-market advantage, which is becoming more and more important, though it's not an insurmountable obstacle.
newbie
Activity: 21
Merit: 0
with improvements built into the system, from all the bad experiences of bitcoin.

no one is doing such a thing?  Huh

We were waiting because we thought it was your turn to build a decentralized open source crypto currency. You gunna?  Huh

i thought it was you.  Grin

whatever happened to evolution and the competitive free market innovation?
legendary
Activity: 1246
Merit: 1016
Strength in numbers
with improvements built into the system, from all the bad experiences of bitcoin.

no one is doing such a thing?  Huh

We were waiting because we thought it was your turn to build a decentralized open source crypto currency. You gunna?  Huh
hero member
Activity: 588
Merit: 500
with improvements built into the system, from all the bad experiences of bitcoin.

no one is doing such a thing?  Huh

Exactly what is it you're looking for?
newbie
Activity: 21
Merit: 0
with improvements built into the system, from all the bad experiences of bitcoin.

no one is doing such a thing?  Huh
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