Bitcoin needs fast and cheap transactions. To improve the speed of transactions and make them less expensive and even secure, we'll soon have Schnorr. Devs are already working on Lightning Network, but with Schnorr multisig is handled like a regular signature, which make transactions more secure.
Topic: What does bitcoin need to improve? - page 38. (Read 4146 times)
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think there is nothing to fix with bitcoin, because bitcoin is very good, but only one is possible for us with the problem of delivery that sometimes, long to wait until 6 confirmation ...
ONE WORD. SECURITY! fake news are spreading that bitcoin is being manipulated or being hacked by the scammers. a highly secured bitcoin community is need to improve.
First of all, the speed of transactions needs improvement. In comparison to other blockchains, it is quite slow. I think that Bitcoin also needs smart contracts. Something like rsk.co wants to implement.
I think the transaction speed was somehow slow because the person behind was also securing your transaction. We must undertand why sometimes its not that because there are many confirmation that need to aprove, dont worry because its the safety pf your money which you are going ro transfer.
Although many other new coins are likely to be bitcoin competitors, but I think that does not really affect the stability and electiveness of bitcoin. Bitcoin still has its own strengths and charms that are stronger than other coins. To improve or develop bitcoin, bitcoin only needs to be how bitcoin can be received by many people and countries through good diplomacy and marketing.
Technically, Bitcoin doesn't require many improvements beside solving some issues regarding fees and confirmation time, maybe we should think of solving the problèmes of the limited number of Bitcoin which is 21 million.
Otherwise, the only problem is with governments and banks trying to control this cryptocurrency and making it dissapear.
Otherwise, the only problem is with governments and banks trying to control this cryptocurrency and making it dissapear.
First of all, the speed of transactions needs improvement. In comparison to other blockchains, it is quite slow. I think that Bitcoin also needs smart contracts. Something like rsk.co wants to implement.
Bitcoin need improve manything, i think so. First, BTC need expand your size. 1MB is too small. Second, BTC need improve your transaction speed. When many transactions has creat at the same time, the transaction will pending and the fee is more expensive
If anyone have new idea, please add. Thank you so much
If anyone have new idea, please add. Thank you so much
Yes, it is true that bitcoin needs to improve. Bitcoin needs to be renewed with renewable technology innovations. First, bitcoin needs to increase its transaction speed. It is very important to keep bitcoin remains the society's choice for transactions. Now, bitcoin takes 10 minutes transaction time. That's a long enough time in a long time that bitcoin only able to do 6-7 transactions. Now, altcoin is present that offers transaction speed in just a few seconds. This certainly threatens the existence of bitcoin. Bitcoin has a small block size, about 1 MB. This includes a very small size so bitcoin should increase the block size if bitcoin still wants to be the community's choice. Other altcoins are also available that offer a large block size so this becomes a warning for bitcoin. The last, bitcoin needs to increase traffic transactions to remain stable when hard fork occurs. That's my bit of advice for bitcoin.
Bitcoin should be promote more so as to draw in more individuals. Starting at now, there were numerous ways it was publicize yet I believe isn't yet enough. They ought to apply more push to do it.
What bitcoin need to improve, is to stabilize the market price, the level of price frustration is much, it scares investor away, bitcoin market price became so difficult to predict, investor no find it funny. So bitcoin manager should do something about price frustration.
First of all BTC should be taken as primary currency on every service providing websites, it could be replace Paypal or other currencies.Bitcoin is is strong based crypto currency.Further BTC should be provides more opportunities to earn with.We know it's a quite easy to use, and also strongest crypto currency.But just should be change these in basic and minor things and give facility to their users and their investors.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
Well I think Bitcoin must provide a higher assurance for our hardworks and effort to take turn into our since gaining here become harder and harded each day ,and I cannot take anymore how the ICO take the bounty hunters for granted, late distributions and even scam projects, a little bit of security for our hardwork is need I think.
I believe that bitcoin has a lot of things to improve, starting with transaction handling, is currency limited to about transactions per second, and more than that will only cause the entire system to be flooded with users, but the problem applies to any cryptocurrency type, you do not see it in other currencies because only bitcoins are successful in getting a lot of traffic. benefits and functions but to reduce energy consumption then that would be a big improvement.
I think the best need to improve bitcoin is to have more investors. Maybe it is the only way to increase its price and also bitcoin needs to improve many people encourage to invest.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
The best thing that can really help bitcoin to improve is only adoption,more adoption of bitcoin as a way of payment and less investors who want to get rich overnight that way we can see bitcoin actually grow too.
Bitcoins need to improve its seem like great cryptocurrency in online bussiness in technology world. First need to provide a higher assurance to the investor and trust.Second, Speed confirmation to the investor ,3rd
A good value and stable crytocurrency of the Bitcoin.
A good value and stable crytocurrency of the Bitcoin.
We are responsible for up or down the price. If the many users hold it in strong mind then the price will be rising. Holding is the main factor in this respect. So hold it for improvement the progress of bitcoin.
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
What does bitcoin need to improve. I think bitcoin needs many investor to make the the company to grow up to need make it bigger and stronger. Yes, bitcoin needs to have more investors I think this is the only way for bitcoin to increase it's price, and also bitcoin needs to improve so many people are encouraged to invest on it.
For me, transaction costs in bitcoin are high. I think security too but only a little. In my opinion, things that need to be improved by bitcoin is the time of the transaction. We need fast deals in bitcoin. Others are transaction costs
I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
I think Bitcoin is good already. One thing that I want it to improve is speed of the transactions. It's not so fast as I want it to be. All the rest is OK. Jump to: