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Topic: The next Bitcoin - page 2. (Read 412 times)

full member
Activity: 378
Merit: 103
May 19, 2018, 08:05:58 AM
#6
i dont think bitcoin can be replaced so easily.. if bitcoin is need to be replaced then it will take time... but there are definitly some other currencies better than bitcoin Smiley
hero member
Activity: 2786
Merit: 657
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May 19, 2018, 07:04:19 AM
#5
Until now, I think Bitcoin is still the king of crypto currencies at least on below parameters:
1. Value corresponds to fiat
2. Popularity around crypto space and outer of crypto space
3. Influence to the crypto space

And seems lot of people will acknowledge above parameters to say Bitcoin is the King of CryptoCurrencies, at least so far.
Yes bitcoin is the king of crypto currencies and it does alot to the the path which other developers follow in other to create their own project but the OP does not create this thread for criticism but to point out and fix the problem/vulnerability of  bitcoin and other crypto currency so we can both enjoin the systems and bitcoin.
Once this are done bitcoin will go mainstream even if the government approve it or not.
member
Activity: 294
Merit: 13
May 19, 2018, 04:53:26 AM
#4
Until now, I think Bitcoin is still the king of crypto currencies at least on below parameters:
1. Value corresponds to fiat
2. Popularity around crypto space and outer of crypto space
3. Influence to the crypto space

And seems lot of people will acknowledge above parameters to say Bitcoin is the King of CryptoCurrencies, at least so far.
newbie
Activity: 112
Merit: 0
May 18, 2018, 04:24:02 PM
#3
I don't see any coin surpassing Bitcoin in terms of value and popularity. All activities within the crypto world respects the direction of Bitcoin and that shows how powerful Bitcoin is. Other coins will always try as they can but I don't think that competition with Bitcoin is a wise attempt for any coin.
newbie
Activity: 33
Merit: 0
May 18, 2018, 01:33:02 PM
#2
How could a non-professor BTC trader involve in this upcoming solution?
full member
Activity: 406
Merit: 174
May 18, 2018, 10:19:14 AM
#1
It's obvious that Bitcoin is lagging behind as a payment system with projects like Ethereum being more efficient at that, and EOS and ADA potentially set to become far more efficient than Ethereum. The problem is that these so called "Gen 3" blockchcains (EOS and ADA) both have systems incredibly similar to centralized finance, notably inflation. The inflation factor is the antithesis of what Bitcoin was created to prevent and in my opinion the original goal of blockchain seems to be lost with projects like EOS and ADA.

Which makes me wonder, could we have the technology of a payment and smart contract/dApp platform like ETH, EOS or ADA, combined with the limited, non-inflationary maximum supply principle of Bitcoin?

Because it seems to me that in order to have world-wide scalable "smart"  blockchains that can be used practically for free, that inflation is necessary to compensate as a reward to miners/nodes. The one project to attempt to counter this is IOTA, but it's a centralized project, not decentralized.

Satoshi Nakamoto created decentralization with limited reducing inflation capped at 21 million, and is an immortal genius in our minds for doing so. Now how will we add scalability to the equation whilst keeping this principle, without introducing centralization or uncapped inflation? This seems like the next "hard problem". And I'm not interested in the current Bitcoin vs BCH politics, but rather a solution to this problem in a theoretical future blockchain.
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