XY will be the crypto for the financial groups. If there is a split between froks and the XT frok gets more miners it will be considered the first chain.
Hope that this doesn't gets it under a centralized ruling
Topic: What is bitcoin XT? - page 2. (Read 2595 times)
Does this benefit the bitcoin overall with XT?
No, whether you are pro or against the changes that XT brings, it's very bad for everybody (except banks and governments, I guess) if Bitcoin would split up into Core and XT.It won't. XT will reach consensus or go bust.
Does this benefit the bitcoin overall with XT?
No, whether you are pro or against the changes that XT brings, it's very bad for everybody (except banks and governments, I guess) if Bitcoin would split up into Core and XT.
Bitcoin XT can support more transactions and more users if an event were to occur where lots of new users would join the network. Bitcoin Core can't handle that, basically those who are against Bitcoin XT are a selfish bunch and in favor of their own personal benefit and not Bitcoin actually spreading its userbase.
is it something like bitcoin core will be obsolete and we need to change to bitcoin xt?
i hope there will be a thread titled "Bitcoin XT FAQs" or "Bitcoin XT for dummies"
i hope there will be a thread titled "Bitcoin XT FAQs" or "Bitcoin XT for dummies"
thank you for elaborating on bitcoin xt
i used google to know about this and still confused
and now its all crystal clear
i used google to know about this and still confused
and now its all crystal clear
I'm pretty sure that this has been answered already but please enlighten me.
Basically Mike and Gavin threw an implementation of bitcoin in the wild that is schedule to produce bigger blocks if 75% of the node in the network runs bitcoinXT. Some people are pissed because it gives the choice of scaling bitcoin to the market instead of a bunch of devs pushing for the private company Blockstream.
Seems something like liberalization of the market if we can speak with economic terms. I am not an expert in bitcoin technology so I must be the last to comment such things but I'm sure that if this is liberalization it is a good thing. In the economy the liberalization push development and bring evolution and growth.
best article ever published
I used to
Bitcoin Core is Linux - decentralized, consensus-based
Bitcoin XT is Microsoft - spies on you, takes control over your privacy (and funds), blacklists, is closely connected with NSA and CIA
you decide
Bitcoin XT is Microsoft - spies on you, takes control over your privacy (and funds), blacklists, is closely connected with NSA and CIA
you decide
Does this benefit the bitcoin overall with XT?
not really it seems that we can directly improve core(with the changes that are needed) without the need of XT, and i don't know the reasons, why they have not follow this route instead..
whats the difference between bitcoin and bitcoin xt?
can i store bitcoin xt to my bitcoin wallet or technically its same (sorry for the noob question)
can i store bitcoin xt to my bitcoin wallet or technically its same (sorry for the noob question)
it's the same until there is consensus of 75% for Xt, XT will be like non existing
whats the difference between bitcoin and bitcoin xt?
can i store bitcoin xt to my bitcoin wallet or technically its same (sorry for the noob question)
can i store bitcoin xt to my bitcoin wallet or technically its same (sorry for the noob question)
Bitcoin XT is an attempt to prevent Bitcoin from being centralized under the control of BlockStream inc.
I'm pretty sure that this has been answered already but please enlighten me.
Yeah that has been a hot Topic right now..
here you go..
https://bitcointalk.org/index.php?topic=1156410.0;topicseen
I am not sure if it is BTC,, maybe it was just kind of altcoin that follows the name of bitcoin
In essence, Bitcoin XT is an altcoin that is being bootstrapped on Bitcoin Core's blockchain; Bitcoin XT is copying the state of Bitcoin Core users' holdings, and then just hoping people switch to using Bitcoin XT instead.
maybe we are not screwed
https://www.youtube.com/watch?v=8JmvkyQyD8w
EB82 – Mike Hearn - Blocksize Debate At The Breaking Point
https://www.youtube.com/watch?v=8JmvkyQyD8w
EB82 – Mike Hearn - Blocksize Debate At The Breaking Point
I'm pretty sure that this has been answered already but please enlighten me.
Basically Mike and Gavin threw an implementation of bitcoin in the wild that is schedule to produce bigger blocks if 75% of the node in the network runs bitcoinXT. Some people are pissed because it gives the choice of scaling bitcoin to the market instead of a bunch of devs pushing for the private company Blockstream.
I think we are screwed
I'm pretty sure that this has been answered already but please enlighten me.
Yeah that has been a hot Topic right now..
here you go..
https://bitcointalk.org/index.php?topic=1156410.0;topicseen
thank you
Does this benefit the bitcoin overall with XT?
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