As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Topic: So...Is Bitcoin the ultimate coin that does not need more development? - page 5. (Read 902 times)
January 23, 2020, 01:28:42 AM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
January 23, 2020, 01:10:44 AM
NO
When the network of bitcoin got overcrowded and the fee becomes ridiculously high due scalability issues, lightning network got implemented to counter this problem and the development will always grow like this. There are so many problem that bitcoin need to be adressed and I'm sure that as the time goes, bitcoin will become better and better. Bitcoin is not perfect by any means but it's good enough and also keep developing to become a better currency.
When the network of bitcoin got overcrowded and the fee becomes ridiculously high due scalability issues, lightning network got implemented to counter this problem and the development will always grow like this. There are so many problem that bitcoin need to be adressed and I'm sure that as the time goes, bitcoin will become better and better. Bitcoin is not perfect by any means but it's good enough and also keep developing to become a better currency.
January 23, 2020, 01:02:33 AM
We all know that systems do need allot of development for it to achieve its ultimate form. Most of the time, those that have already achieve a milestone still needs improvement and maintenance. But looking at cryptocurrency especially bitcoin, if we tend to upgrade bitcoin, forking is happening, so basically, we couldn't really upgrade bitcoin as it is, or we should accept the fact that the implementation of the upgrades falls to the acceptance of the forks created from bitcoin. In this case, bitcoin now should be lower in value because of us putting our funds to forks, but it seems to be that bitcoin is still having the most market cap and I have come into conclusion that bitcoin doesn't really need upgrade. It is already in the best of its form and we should be the one to adjust in order to adopt bitcoin.
January 23, 2020, 01:00:29 AM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
Is it still possible to develop it?
You may want to spend a little more time reading about Bitcoin. It's still in active development, and will continue to be for the foreseeable future. There are still a few glaring issues that are yet to be addressed.
Can we still expect better coin than Bitcoin?
Of course. The possibility will always be there, it's the probability that is in question.
Although many people uses bitcoin, it still need a huge development for the users to lessen their problem using it. Its price is very volatile in the market and we can't do something about it because of the way it is being manipulated. There's always a possibility that day by day, bitcoin will improve and makes better services to users as its price becomes high again. You need to read more about bitcoin so that you're updated on what's going on with it.
January 23, 2020, 12:12:46 AM
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
or
Can we still expect better coin than Bitcoin?
first of all these two questions aren't opposite that you used "or" for them. it can happen at the same time. bitcoin can remain the good decentralized currency and continue being developed while another good decentralized currency could come along.
as for development, bitcoin is constantly being improved. look at hundreds of BIPs ie. improvement proposals. bitcoin has already activated many of them and is still getting new ones and improving further. and that is just some of the improvements, a lot of them such as second layers such as LN and sidechains,... aren't there.
January 22, 2020, 11:57:30 PM
Who said bitcoin is on its maximum development? It's still being developing all time and there are a lot of space to grow for developing.
Can we still expect better coin than Bitcoin?
If we think about different features of bitcoin with some other existing coin, they are better. You can get a better coin but you can not get the most decentralized coin.Yes, I forgot to mention decentralization. When it comes to decentralization, Bitcoin is the best among the rest. Unlike other altcoins which have owners and CEOs and presidents and development teams who are personally identified, Bitcoin does not have any. Bitcoin has only Satoshi Nakamoto. And Satoshi is not a person. It is just a name. What's in a name? Nothing physical. It is an idea.
legendary
Activity: 2156
Merit: 2100
Marketing Campaign Manager |Telegram ID- @LT_Mouse
January 22, 2020, 11:49:50 PM
Who said bitcoin is on its maximum development? It's still being developing all time and there are a lot of space to grow for developing.
Can we still expect better coin than Bitcoin?
If we think about different features of bitcoin with some other existing coin, they are better. You can get a better coin but you can not get the most decentralized coin. 
January 22, 2020, 10:47:22 PM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Its done for the most part, but its still being maintained and receiving little changes from time to time. Did you not see the top message?
"News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]"
Of course any major changes would need consensus from miners and nodes, if a change is too controversial people would simply refuse to update. It took a lot of effort to get Segwit in, with some people still arguing about it to this day.
But yes its possible, just not easy. You better be prepared to defend your idea VERY WELL.
January 22, 2020, 10:41:12 PM
Actually it's the ultimate that needs more developments to make it faster and much more scalable. There would have been no need for several altcoins if bitcoin was faster than most of these altcoins at that time. On more serious note, if developers are
come up with developmental features that would increase the privacy of making transactions in bitcoin. i believe this would go a long way to affect the global adoption rate.
come up with developmental features that would increase the privacy of making transactions in bitcoin. i believe this would go a long way to affect the global adoption rate.
January 22, 2020, 10:41:05 PM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
Is it still possible to develop it?
You may want to spend a little more time reading about Bitcoin. It's still in active development, and will continue to be for the foreseeable future. There are still a few glaring issues that are yet to be addressed.
Can we still expect better coin than Bitcoin?
Of course. The possibility will always be there, it's the probability that is in question.
Growth must be continuing otherwise Bitcoin can be considered as a dead coin. Right now, there are some big issues that Bitcoin developers should be facing to help this cryptocurrency stay on the game for a long, long time servicing as many people or users as possible. Reading along this forum, we can be aware of the many challenges that need to be addressed as soon as possible. Innovations, changes for the better are all part of Bitcoin and we should be expecting them. As a man-made invention, Bitcoin is never perfect and will never be that is why development must be ongoing and will never stop anytime.
January 22, 2020, 10:29:07 PM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Of course not. Is there anything in this world that does not need development so that it could just remain stagnant forever?
Bitcoin is ever changing. Its basic philosophies remain intact of course but it has gone from the old Bitcoin into a new one, the Bitcoin that we have now. And this Bitcoin that we have now will of course change and developed further. We have already forked several times, we have native and nested segwits. We have also Lightning Network. And we will also have future developments as well.
January 22, 2020, 10:21:38 PM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
Is it still possible to develop it?
You may want to spend a little more time reading about Bitcoin. It's still in active development, and will continue to be for the foreseeable future. There are still a few glaring issues that are yet to be addressed.
Can we still expect better coin than Bitcoin?
Of course. The possibility will always be there, it's the probability that is in question.
January 22, 2020, 10:15:25 PM
As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Jump to: