Pages:
Author

Topic: Is possible to clone Bitcoin? (Read 260 times)

member
Activity: 290
Merit: 29
September 30, 2023, 06:52:50 AM
#28
Well, after asking a question and answering it, your answer may have to be questioned cause Bitcoin can be cloned and has been cloned. That's how Bitcoin Gold and Bitcoin SV came to be. Bitcoin was forked to create those other coins.
However, it also depends on what you mean by clone. Something exactly Bitcoin or something with the same characteristics? Bitcoin has been cloned, but no clone has served like Bitcoin, and none matches it. I think that's cause, apart from the fact that Bitcoin is the first cryptocurrency, it is also very popular. The more people use a particular cryptocurrency,  the more power it gets.

So, in as much as there is no crypto like Bitcoin though, it still has its clones.
hero member
Activity: 1904
Merit: 541
September 30, 2023, 06:13:13 AM
#27
As far as I know, Bitcoin clones are altcoins. Because of these altcoins, the popularity of Bitcoin has increased even more; that's what I know to be true. They copied or imitated Bitcoin, and then they just made a modification so that it is not really a 100% copy. It's just like BCH before, when it just started. Everyone was hyped in the community here, and it was said that it would beat and surpass the price value of Bitcoin, but what happened now? Did it really overtake Bitcoin? right, but BCH still exists because bch is one of Bitcoin's clones in my opinion.

The only thing I can say is that even if there are thousands of Bitcoin clones, this is the first cryptocurrency that has a large network of users and miners. Moreover, it is the most secure and has never been hacked in history because it is decentralized.
legendary
Activity: 2744
Merit: 1878
Rollbit.com | #1 Solana Casino
September 29, 2023, 10:24:43 PM
#26
Bitcoin can be cloned and Bitcoin can be forked, and at the end of the day, these two are not Bitcoin but rather an altcoins.
Bitcoin cloning or forking results that exist to date even provide statements that they are the best compared to the original Bitcoin and have many advantages.
and see how when BCH, BSV, the results of the Bitcoin Fork stated that they were The Bitcoin Original Blockchain and superior to Bitcoin.

Is it a statement that is just a hoax and eventually unpopular again and abandoned.
They are just a bunch of Altcoins that ride on the fame of Bitcoin.

A-Map-of-Bitcoin-Forks_V2



Cloning Bitcoin is possible because anyone can copy the bitcoin codebase and create their own coins but as I stated they are not Bitcoin since they run in different blockchain or network.  This article: https://casebitcoin.com/critiques/bitcoin-can-be-cloned gives an explanation of the question @OP
Bitcoin remains Bitcoin no one can clone.
The network remains the Bitcoin network, if you want to consider the original Bitcoin clone look at the Lightning Network,
it is a clone of the Bitcoin network which is faster but still in the development stage.
legendary
Activity: 3808
Merit: 1723
September 29, 2023, 09:48:01 PM
#25
Well you can actually clone it and you can alter what happened in previous blocks but it would be next to impossible to gain enough hashpower to be the blockchain with the largest block height.

Its basically the reason why many exchanges just require 1 block confirmation for bitcoin while for other coins they usually require quite a few. Reason why is because most other blockchains don't have as much hashpower behind it and its possible to cause a double spend but with bitcoin its very difficult and not cheap to perform.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
September 29, 2023, 06:05:40 PM
#24
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.
It cant be clone but it can be forked or created something almost the same with bitcoin. Many users or developers have tried to recreate bitcoin with a different name but has the same purpose but since bitcoin is the first its literally hard to clone.

Bitcoin can be cloned and Bitcoin can be forked, and at the end of the day, these two are not Bitcoin but rather an altcoins.

Cloning Bitcoin is possible because anyone can copy the bitcoin codebase and create their own coins but as I stated they are not Bitcoin since they run in different blockchain or network.  This article: https://casebitcoin.com/critiques/bitcoin-can-be-cloned gives an explanation of the question @OP
hero member
Activity: 1750
Merit: 589
September 29, 2023, 04:04:15 PM
#23
It's possible and it's been done in the past. Cryptocurrencies are open-source, so as long as you can gain access to their source code and make something of it you can basically create your own bitcoin which is known as forking. Bitcoin Cash, Bitcoin Gold, hundreds of bitcoin derivatives have been made in the past. You can even copy the entire blockchain node and effectively create your own network. It doesn't make sense for bitcoin to not be open-source either, it's literally the champion of democracy in the financial world, to shroud itself in a cloak of copyright infringement is a massive disrespect to the values that it upholds right from when it was made by Satoshi Nakamoto.
legendary
Activity: 2408
Merit: 2226
Signature space for rent
September 29, 2023, 03:18:50 PM
#22
Anything on the Internet is open-source; you can clone it. Since Bitcoin is open source, you can definitely clone everything. But it will create a new blockchain; you have to start mining from the beginning. You can't send cross-chain transactions to the Bitcoin blockchain. So ultimately, it will be an altcoin. Its like you clone fiat, but it will be treated as fake money. You can't use real money, though criminals try to do something like this, but eventually fake money gets caught. Interesting thing you are questioning and answering wrong. However, you may Google your query to get better answers. There is a fact. What do you mean exactly by clone Bitcoin?
legendary
Activity: 1526
Merit: 1359
September 29, 2023, 03:00:35 PM
#21
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.

It depends on your definition of Bitcoin cloning. You can copy (clone) the entire software and even the entire blockchain and run your own node, but that does not mean you can make alterations to the blockchain or the software. As soon as you try to change some things, it will no longer be Bitcoin but rather an altcoin.
hero member
Activity: 1232
Merit: 516
September 29, 2023, 02:40:18 PM
#20
In Bitcoin there's no clone terms, but fork (soft fork and hard fork) or 51% attack. Soft fork is just a development in Bitcoin, while hard fork is a fake Bitcoin e.g. BCH, BSV, WBTC etc.

WBTC is not a fork. Its a wrapped version of bitcoin. It is backed by original bitcoin with 1:1 ratio.

Look at most of the altcoins out there they only change the name but it works like Bitcoin so I consider those coins as clones of Bitcoin.

Most of the altcoins out there can be called hybrids or modified versions of bitcoin. Most of their purpose for creation was to be the better version of bitcoin that would have cheap transaction costs, more transaction speed, and be able to do what bitcoin could not. Their purpose is the same: to overthrow bitcoin, but their working structure is different. Some of them were inspired by bitcoin, while others were inspired by altcoins that were inspired by bitcoin. Grin There can be a few similarities, like some of them using POWs like bitcoin... but they are not identical or clone.
hero member
Activity: 2786
Merit: 657
Want top-notch marketing for your project, Hire me
September 29, 2023, 02:40:04 PM
#19
WTF, you ask the question and then answer it by yourself. Huh
I think that's the OP sarcasm way.

while hard fork is a fake Bitcoin e.g. BCH, BSV, WBTC etc.
Yes, we can say Bitcoin hard fork coins are fake Bitcoin because they imitate the Bitcoin concept, and the project team somehow tries to change the mind of people towards their shitcoin.
That's what we see in the case of Roger Ver and CSW which once made some false information about BTC.
legendary
Activity: 4424
Merit: 4794
September 29, 2023, 02:13:02 PM
#18
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.

What about BCH and BSV?
They tried to clone the result in front of you.

thats not a clone.. altcoin are not clones

altcoins are genetically modified organisms (if we use biology definition) an offspring/fork
altcoin like BCH BSV are mutant, they are different
copper member
Activity: 2940
Merit: 1280
https://linktr.ee/crwthopia
September 29, 2023, 01:41:58 PM
#17
There are a lot of things that you could do aside from thinking of this. Do you mean cloning itself or just coding your own cryptocurrency and copying it entirely? It's not just some basic virtual currency that is a "copy and paste" thing. If you want BTC, you only have it.

You can have it with the same name but you can never have the same thing literally. People should be aware of that.
legendary
Activity: 3472
Merit: 3217
Playbet.io - Crypto Casino and Sportsbook
September 29, 2023, 01:26:42 PM
#16
You can clone Bitcoin the only problem is if you clone Bitcoin it will start from zero blockchain and you are the only one who mines blocks with rewards of 50 BTC and confirms transactions.

Look at most of the altcoins out there they only change the name but it works like Bitcoin so I consider those coins as clones of Bitcoin.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
September 29, 2023, 01:17:57 PM
#15
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.

The bitcoin was the unique project,you can’t clone with the other project.So the possibility of cloning the bitcoin is not the possible one.The alter blockchain will help to clone with the bitcoin.But their no such cloning possibility now.If you want to hold the bitcoin,it’s most essential one to buy the bitcoin or mining the bitcoin.If your country doesn’t against the bitcoin mining,even now you can mine the bitcoin which gives you bitcoin without buying.The bitcoin was designed as the unique project which never able to clone.
hero member
Activity: 1694
Merit: 787
September 29, 2023, 12:58:45 PM
#14
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.

Then what about the fork? it records all the data in the original Bitcoin blockchain and forwards it with new blockchain data, we can find it on several Blockchains such as Bitcoin Cash (BCH), Bitcoin Gold (BTG) and also Bitcoin Diamond (BCD). Then about cloning the idea of ​​Bitcoin, everyone can clone that, but will people be interested in it? Of course not, Bitcoin as the Genesis of crypto will always be and remains the main choice.
hero member
Activity: 3080
Merit: 603
September 29, 2023, 12:27:28 PM
#13
There have been a lot of forks that were made and based from Bitcoin but they're not clones. As pointed by everybody here, it's out of Bitcoin's code but it's not an actual clone of it because there can only be one in existence and that's the real and actual Bitcoin.
While the copied ones cannot be called as bitcoin so they add something like gold or any term and that's distinguishing them from the real Bitcoin. Anyway, why have you brought this topic? Did someone asked you to or it just came to your mind out of nowhere?
legendary
Activity: 2268
Merit: 1379
Fully Regulated Crypto Casino
September 29, 2023, 11:57:54 AM
#12
The real deal to the OP's topic is that Bitcoin can not be cloned, imitated.
Yes imitated is the right term. Most fo these forked coins are cant compared still to bitcoin. I think in terms of comparison if ever there is coin to be match with it Id say that ethereum will be the closest competition with an upgraded use case than being a store of value.
hero member
Activity: 1050
Merit: 844
September 29, 2023, 11:36:30 AM
#11
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.
Why do you mention that as a common misconception? Because in my opinion, every asset that is very valuable and valuable in the eyes of many people will always be difficult to clone, because if an asset that has good value like Bitcoin can be easily cloned by many people, that will be a problem that can affect its value too. So it really can't be cloned by anyone because it is hindered by blockchain technology which is very reliable and very trustworthy.
sr. member
Activity: 1008
Merit: 366
September 29, 2023, 11:18:20 AM
#10
Bitcoin will always be Bitcoin. People have tried copying it or should I say cloned it multiple times and they were successful in creating something but not so successful in terms of delivering what Bitcoin does. They have copied every feature that Bitcoin has (people call it forking) but that's just it. From what I understand, Bitcoin's success lies in its being decentralized. Every crypto somehow is a copy of Bitcoin. Either those coins have fewer or more features than Bitcoin has or are the same as Bitcoin.

So the answer is that it is possible to clone but not entirely. You can't copy the decentralized nature of Bitcoin. People want control and they will do it by any means. That's the reason clones never work out the way Bitcoin did. So you can also say that it is not possible to clone Bitcoin in that sense.
hero member
Activity: 1666
Merit: 709
Playbet.io - Crypto Casino and Sportsbook
September 29, 2023, 11:07:16 AM
#9
You can not clone bitcoin because there is nothing there to copy, bitcoin are result of caculation on the blockchain data, to clone bitcoin you have to alter the blockchain data, and blockchain is designed in such a way that since data is stored and secured they can not be altered this is common misconception.
It cant be clone but it can be forked or created something almost the same with bitcoin. Many users or developers have tried to recreate bitcoin with a different name but has the same purpose but since bitcoin is the first its literally hard to clone.
Yes mate speaking of Bitcoin Fork, Bitcoin has been hard forked numerous times, we have seen some results of Bitcoin folk Bitcoin cash, Bitcoin SV, Bitcoin gold this are the popular ones but they all did not come close to being like Bitcoin. The real deal to the OP's topic is that Bitcoin can not be cloned, imitated.
Pages:
Jump to: