there is an awful lot of FUD out there. Bitcoin will not go to die until a better technology comes out or a fatal vulnerability is discovered.
There is already a better technology out, yet it still hasnt died. It has a charm by being the first crypto. People wont abandon it so easily, it's like your firstborn child. Would you abandon it for another child?
what is this better technology? don't tell me ethereum or maidsafe, they are akin to a rehash of an old attempt to a decentralized internet, called freenet
I dont think those coins are really promising.
Monero has a great innovation in terms of anonymity.
Bytecoin has better security and faster and more efficient network than bitcoin in all terms.
NXT, BURST, NEM, HZ, COUNTERPARTY has a whole economy,stock market,marketplace & more integrated in a decentralized fashion.
all altcoin, monero also, only include a small feature that differentiate them from bitcoin, they are still clone and nothing more
every features they have can be integrated easily in bitcoin, i don't see innovation as it was with bitcoin
LOL wow really?
You do realize that the Monero code base is completely different than that of Bitcoin? Using ring signatures, stealth addresses producing untraceability and unlinkability.
Can't do that with Bitcoin as far as I am aware. Bitcoin has a public blockchain as well that you can trace.
And NO...those features can't be integrated EASILY into bitcoin.
The Bitcoin core developers can't even agree on a SINGLE line of code to change (i.e. the block size) and you think they can add cryptonote into the bitcoin source that would allow it to operate like Monero?
Wow seriously appears you a delusional. No offense.
wut you know about sidechain right? every features out there including cryptonight algo can be included easily if sidechain will see the light at the end of the day
also zerocoin is impelmenting a zero knowledge proof, which is the same as monero in terms of anonimity
all the altcoin work the same as bitcoin, the fact that monero is more anon than bitcoin does not make it 100% new, it's still a clone, based on the same fundamental, nothing revolutionary really...
We are mentioning quite a lot all of these technologies like Sidechains, lightning, etc.. and we don't even know can this thing really work or not. I mean, ideas are here and they can get even developed, but when it comes the time to incorporate that into existing Bitcoin code or to place it on the top of the Bitcoin blockchain, we will see what will be decided.
Security of the network is the most important, and I don't really know what to think about anymore after all of the block size debate. In all cases, I think that is good that we have all these other altcoins developing. Competition is good for everybody. What will happen in the end, we will see as time passes.