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Topic: So...Is Bitcoin the ultimate coin that does not need more development? - page 3. (Read 927 times)

sr. member
Activity: 854
Merit: 253
l0tt0.com


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?
No one currently owns bitcoin, and no one can develop and upgrade it. Actually, there are still a lot of altcoins far better than bitcoin. alts like LTC, XRP, CS, ... have very fast transaction speeds and cheap fees, because their network is really good and can handle millions of transactions in just a few seconds. but its value cannot be equal to bitcoin because it has control. Here people don't like having to hold any kind of assets under control, which is why bitcoin is so expensive. It was all in Nakatomo Satoshi's calculations. Cool
sr. member
Activity: 868
Merit: 267
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Until now, the development of bitcoin is still continuing because there are still some problems that become obstacles to the maximum adoption of bitcoin. For example, such as transaction speed and lack of use of bitcoin transactions between users. So far only user transactions to exchange are still very high number of transactions. Of course this development will require a long time, certainly not predictable when.
sr. member
Activity: 1554
Merit: 334
There is a lot of room for improvement. From its slow transactions, to power-hungry PoW system, and all these scalability problems. There's nothing that does not need more improvement, we always seek, and must always do, and does not become stagnant.

Altcoins are there in hopes of becoming the better version of Bitcoin. Though being the better is always subjective, it does bring this point, we always need to improve.
legendary
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Bitcoin is now increasingly recognized by the world community, bitcoin is fairly young age still under 20 years, of course bitcoin still needs better development for the future. There is no perfect system. Bitcoin is increasingly being improved and currently bitcoin also has developments such as Lightning Bitcoin and Liquid Bitcoin, this supports bitcoin to be more efficient in making transactions and fees become cheaper.

For coins that are better than bitcoin there may be and continue to emerge, but for the most decentralized coins it might be very difficult to rival bitcoin. However bitcoin remains the first coin to affect other altcoins, because all altcoins use BTC points as trading on the exchange.
hero member
Activity: 1624
Merit: 500
halving will occur this year, and that is one proof that bitcoin is still being developed, and the high price can also be proof. however, technology will always be improved, especially on the internet.
in the case of altcoin which exceeds bitcoin, you can expect it, and in the future, there will be coins like that, but for now, not a single coin has approached or can replace bitcoin.
jr. member
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mada mada dane
Bitcoin is different from other altcoins in terms like this. Seems like it has its own world that cannot be accessed by other altcoins so there is still room for improvement. Not everyone uses computers and not everyone has access online so we could still say that Bitcoin and the team has a lot more work to do to overcome the gap.
legendary
Activity: 2590
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Welt Am Draht
I find it bizarre when people seem to believe it's somehow frozen in aspic. There is a difference between making an announcement about an announcement and 'partnerships' vs real work. The latter actually makes progress.

This is completely out in the open for all to check at any time - https://github.com/bitcoin/bitcoin

Can anyone spot anything going on there? I can.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?
I do not think, bitcoins needs any more development.
We peoples love bitcoins as they are and hence we should continue using them as they are.
Are we really expecting any change in the blockchain technology?
It would be good if the technology gets more advanced but not much changes are required in bitcoins.
By this logic, scenario of thousands of unconfirmed transactions (which happened in late 2017) would happen again and honestly, Bitcoin was barely functional at that time. There needs to be changes and development because new challenges will emerge and Bitcoin will need to offer solutions. Just look at SegWit and Lightning Network. And solutions that will increase anonymity of bitcoin transactions are being developed at the moment.
sr. member
Activity: 962
Merit: 269
CryptoDirectories.com


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?
bitcoin is still under development
it will get more update in the future to match what the users needs
that's why we also don't need to expect a better coin than bitcoin because bitcoin itself will be upgraded in better version in the future.
full member
Activity: 224
Merit: 100


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?
I do not think, bitcoins needs any more development.
We peoples love bitcoins as they are and hence we should continue using them as they are.
Are we really expecting any change in the blockchain technology?
It would be good if the technology gets more advanced but not much changes are required in bitcoins.
sr. member
Activity: 1610
Merit: 264
It will always need more development.
OP, when was the last time you saw a flaw in Bitcoin?
Think of it as like a business that continues to get new franchise worldwide, it expands and gets further reach.
Are you aware that even your Chrome browser gets new update, but from how you look into it, it looks perfect already right?
It's the same way as Bitcoin. It continues to be developed.
hero member
Activity: 2156
Merit: 711
Telegram @tokensfund
of course, it is, day by day we are developing our idea, our living style is changing with the change of time, technological advancement is brought to us a lot of changes in our life, So everybody expects more or less change and a better thing what we have at now. I don't think that Bitcoin is enough what it has, a lot of things should be developed, especially, Bitcoin is not safe yet because you must be worried about the news of the price of Bitcoin, the safety of Bitcoin and the market of Bitcoin, the most important thing is that the legal aspect around the world, Unless it's legalized people won't accept it in an easy way. So still I expect better things than what exists.
sr. member
Activity: 1274
Merit: 278
It will be left behind if bitcoin will not continue to develop. Bitcoin always needs progress, therefore it certainly need a useful development.
A new coin  better than Bitcoin?
When it comes to the fast transactions, low fees, etc. There are so many coins out there that surpass that issues. But Bitcoin will always be Bitcoin, the King and I can't really imagine there is one who will gonna replace it.

In terms of software and technology systems. Developing a system is the easiest task to do, however, the maintenance and upgrade is the most difficult among all. That is because maintaining and upgrading bitcoin system will require lots of adjustment and since bitcoin is decentralized, no one will stand for now to upgrade bitcoin other than to create more application of bitcoin to incorporate it to their systems. Bitcoin will remain as it is that we, people should not fear because bitcoin is the digital gold, could be reshape to fit one's needs, but doesn't need upgrade and people will still use it.
sr. member
Activity: 2086
Merit: 283
Vave.com - Crypto Casino


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?
no, but bitcoin has improved a lot of technology since its birth 10 years ago, and if we look at some bitcoin developments that continue to the present such as Segwit, Lightning Network and innumerable new versions of bitcoin core software, then bitcoin is a continuation of growth entities sustainability and relative conservatism have provided stability and resilience that is not shared by other altcoins.

Bitcoin continues to develop technologically.
sr. member
Activity: 1330
Merit: 326
It will be left behind if bitcoin will not continue to develop. Bitcoin always needs progress, therefore it certainly need a useful development.
A new coin  better than Bitcoin?
When it comes to the fast transactions, low fees, etc. There are so many coins out there that surpass that issues. But Bitcoin will always be Bitcoin, the King and I can't really imagine there is one who will gonna replace it.
full member
Activity: 756
Merit: 105
I think bitcoin is the result of maximum coins, so nothing else can be more leverage than bitcoin .. !!
hero member
Activity: 2884
Merit: 579
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It is on continuous development and updates are being delivered to us. This is one reason too why bitcoin is becoming the most known cryptocurrency because the update never stops and it has to cope up with the demand of the people.

Debates are there of what it should be focusing on the size blocks and other concerns that were asked to it. But leave the rest of it and asking if it's the ultimate coin, so far it is and I don't think there will be another one.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?
If bitcoin has reached the maximum version then it is time for ending up of its usage. The continued development is a must with bitcoin network to stay strong in the market. With time development and the competence will increase, if there happens lack of development something will acquire the place.
newbie
Activity: 15
Merit: 0


As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?

Right now yes.

Yes.

Yes, hopefully.
full member
Activity: 966
Merit: 153
No technology stays like that without update. It part of the things that makes it better. Therefore, there is alway room for Bitcoin to grow and that's when there is more adoption.
Also, there are possibilities of seeing more coins which are way better than Bitcoin but with the low quality coins emerging from ICOs I don't think there will be anyone sooner.
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