Is possible to clone Bitcoin? - page 2.

Ucy

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Quote from: Tellek Garing on September 29, 2023, 09:51:06 AM

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.

Ofcourse, you can create a copy of Bitcoin that contains the whole data of the original (by downloading it & choosing to become a distinct network) , even with satoshi transactions but the copy will become a different chain and incompatible with the Bitcoin chain. That's pretty much what it means to clone but it's given another name on Cryptocurrency space.
To clone mean to duplicate. You don't need to alter or change the data of something to successfully duplicate it.

Shishir99

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Quote from: Tellek Garing on September 29, 2023, 09:51:06 AM

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. What is the benefit of cloning Bitcoin while you have the original bitcoin in front of you? People do it because they were unable to buy bitcoin when it was cheap. Now they want to recreate it and hold a big portion from the beginning so they can manipulate the market in the future. But, this is not going to happen because there is no reason people will choose fake bitcoin over original bitcoin. Right? Basically, those cloners and the creators or fake bitcoins are scammers! I don't have good words for them, unfortunately.

franky1

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Quote from: Tellek Garing on September 29, 2023, 09:51:06 AM

You can not clone bitcoin because there is nothing there to copy,

everyone that has a bitcoin full node has a clone of bitcoin. they are identical to every other bitcoiners copy. perfectly matched and inter-communicable with each other, in sync. there is no single unique copy in a centralised location. every copy of bitcoin on all full nodes is a clone of each other

if you want to make a mutant version thats not the same. then you change the code and fork it to an altcoin

philipma1957

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It is easy to copy or clone.

But it won't be accepted.

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No one will want it. As it is a simple copy of the original.

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Quote from: cryptoaddictchie on September 29, 2023, 10:01:14 AM

Quote from: Tellek Garing on September 29, 2023, 09:51:06 AM

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.

The presence of any clone is a clear illustration of the fact that the original is more valuable. The more clones, the higher the value of the original. Look at the bitcoin forks. There are quite a lot of coins, some are more popular, others less, but none of them comes close in terms of price, capitalization and user base. For the most part, these are all garbage and pathetic fakes trying to profit from the well-known bitcoin brand.

Technically, it is not difficult to clone bitcoin and many cryptocurrency projects do this. I mean the coin itself and the blockchain.

And if think about it, what makes the bitcoin unique? This is decentralization due to the lack of a project team and the fact that bitcoin is the first cryptocurrency created.

Helena Yu

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WTF, you ask the question and then answer it by yourself. Huh

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. 51% attack is when the attacker adding their own blocks and make the valid blocks become invalid, it's not change the coin, but it can't be trusted anymore. The good thing is BTC has no chance to get 51% attack.

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Quote from: Tellek Garing on September 29, 2023, 09:51:06 AM

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.

Tellek Garing

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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.

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