Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
The mean reason is greed. Bitcoin is unique because Satoshi completely left his creation to the community, without taking any advantage of his share of bitcoins. All the other Satoshis wannabe and bitcoins wannabe just want to make money out of their idea. Building a community like bitcoin's takes years and years, you really need people who trust in you, it's not something that you can do overnight. So why should I go with another bitcoin whose founder decided to keep a ton of coins for himself and he is just waiting to dump them and make money? It makes no sense. 
Topic: why not a new one? (Read 461 times)
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
We have more than enough coins on the market already, so there is nothing stopping a developer from releasing their coin if they actually think it is superior to anything that is around at the moment, and if it was truly a superior coin you can be sure that people will flock together and support it, but what are the chances this will happen when we have been told this has been the case thousands of times before and every single time it has been a lie? The difference is that Satoshi created Bitcoin because they found the cause to create it. But the people who are trying to clone Bitcoin are doing it to make money. When they say they would make it just like Bitcoin, to me it sounds more like they are talking of profits rather than technology.
Some may want to do it because they think they can make it better. But so far, in the history of all clones, we can see how there’s only one Bitcoin.
There are plenty of Bitcoin forks and other altcoins that came into existence because someone decided that they can do something better. The thing is, Bitcoin is old (compared to other cryptos), it has a big community around it, as well as a lot of media coverage and attention of big companies. It's hard to beat it with a few tweaks here and there. As we can see, the crypto market is in principle not like the dot com bubble: some of the oldest coins are still around and reputable today, and they're not getting obsolete.
Well, if BTC is no doubt the best.
There will be the enthusiasts think that they can create better. Instead of contributing to the development of the actual BTC, they want to prove that they're better than the others and the one existing.
But it's not going to work and no can do with that because whatever the community dictates, it's here to stay and that's the king which is Bitcoin, no other than that, no fork, no altcoin.
There will be the enthusiasts think that they can create better. Instead of contributing to the development of the actual BTC, they want to prove that they're better than the others and the one existing.
But it's not going to work and no can do with that because whatever the community dictates, it's here to stay and that's the king which is Bitcoin, no other than that, no fork, no altcoin.
Then can I earn in BTC if I contribute enough or anything on this platform or does it just depend on the fact that no one is ready to donate anything. (Q)—> if I want to do some work for someone, can be anything, where can I find myself to be open for work to earn some BTC, you know like saving some BTC for myself.
There are also websites like --> https://www.reddit.com/r/Jobs4Bitcoins/
You can search for the other marketplaces where clients and workers method of payment is in Bitcoin.
The idea to create a new project is literally the reason to have thousands of coins in the altcoin world already. It is not really that shocking, and I feel like we could just make it work one way or another. I personally believe that the best thing to do in this situation would be letting people decide what they want to do.
I understand that it is not looking all that complicated, but if you let people create any project they want, while thousands and thousands of them fails, there will be a few that will get the interest. For every ten thousand shit project out there, there is a SOL, or AVAX, or ADA, or MATIC, so forth. This is why I believe that we need to focus on the bright side, we could make it work the way it is and not be worried about it.
I understand that it is not looking all that complicated, but if you let people create any project they want, while thousands and thousands of them fails, there will be a few that will get the interest. For every ten thousand shit project out there, there is a SOL, or AVAX, or ADA, or MATIC, so forth. This is why I believe that we need to focus on the bright side, we could make it work the way it is and not be worried about it.
Didn't we saw that already with "forked" Bitcoins? Solving all of those issues that they don't like about Bitcoin, telling to upgrade it to become better.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
That's true! How many projects have tried their very best to create a much "better" coin than bitcoin? And yet, they are nowhere in the market right now. Those forked bitcoins are just trying to survive. Bitcoin Cash and Bitcoin Classic are just few examples. Though they are still in the trading market, but the eyes of crypto users are mostly in bitcoin. Hard to hold long-term these forked bitcoins because the risk is quite high on these coins.
There will be the enthusiasts think that they can create better. Instead of contributing to the development of the actual BTC, they want to prove that they're better than the others and the one existing.
But it's not going to work and no can do with that because whatever the community dictates, it's here to stay and that's the king which is Bitcoin, no other than that, no fork, no altcoin.
Then can I earn in BTC if I contribute enough or anything on this platform or does it just depend on the fact that no one is ready to donate anything. (Q)—> if I want to do some work for someone, can be anything, where can I find myself to be open for work to earn some BTC, you know like saving some BTC for myself.
Didn't we saw that already with "forked" Bitcoins? Solving all of those issues that they don't like about Bitcoin, telling to upgrade it to become better.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
That's true! How many projects have tried their very best to create a much "better" coin than bitcoin? And yet, they are nowhere in the market right now. Those forked bitcoins are just trying to survive. Bitcoin Cash and Bitcoin Classic are just few examples. Though they are still in the trading market, but the eyes of crypto users are mostly in bitcoin. Hard to hold long-term these forked bitcoins because the risk is quite high on these coins.
There will be the enthusiasts think that they can create better. Instead of contributing to the development of the actual BTC, they want to prove that they're better than the others and the one existing.
But it's not going to work and no can do with that because whatever the community dictates, it's here to stay and that's the king which is Bitcoin, no other than that, no fork, no altcoin.
Didn't we saw that already with "forked" Bitcoins? Solving all of those issues that they don't like about Bitcoin, telling to upgrade it to become better.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
That's true! How many projects have tried their very best to create a much "better" coin than bitcoin? And yet, they are nowhere in the market right now. Those forked bitcoins are just trying to survive. Bitcoin Cash and Bitcoin Classic are just few examples. Though they are still in the trading market, but the eyes of crypto users are mostly in bitcoin. Hard to hold long-term these forked bitcoins because the risk is quite high on these coins.
Didn't we saw that already with "forked" Bitcoins? Solving all of those issues that they don't like about Bitcoin, telling to upgrade it to become better.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
What they did ended up?
They ended up being shitcoins of the market and they've never been popular again. Bitcoin is Bitcoin and there's no need for any replacement of it and some developers trying to do the same thing and keep the features that it's got because it will never make it the same as the actual BTC that we've got.
Bitcoin will be always Bitcoin. Whatever the name, even if someone is creating such similar one with more details or more progress or concept, it won't be Bitcoin. even they claim to be the next Bitcoin/ the new Bitcoin / the latest Bitcoin, and other name of Bitcoin, this will not be as great as Bitcoin. In fact, there are already several projects that carry this concept, but they still cannot be like Bitcoin. Yes, because Bitcoin is special with all its advantages and disadvantages. Currently, there are even many projects that actually carry much better concepts, but they will be altcoins, but as alternative coins, not Bitcoin.
There are still honestly a lot of things that need further improvement in the cryptocurrency scene one would be scalability issues. Whenever a coin becomes successful, the mempool becomes congested and it makes it almost impossible to use that coin in a daily circumstance because of very high transaction fees.
Exactly. Of course, later there will be other ideas that will develop according to the journey. And should Bitcoin also accept it in this way> of course not. because it surely will only have altcoins that support the development of its newest concepts with the attraction of these new things. However, it will actually become altcoins with various concepts and fundamentals. It's just a matter of how they are able to implement it much more effectively. on these altcoins. 
The idea of creating something that is just as bitcoin is the reason why we have so many shitcoins in the market. I think the reason why bitcoin is what it is, is because the founder of bitcoin created Bitcoin from his own idea and did not steal the concept of bitcoin or trying to to copy an innovation just to get bitcoin. People try their best to create something like bitcoin but it is so difficult for them to succeed because they are just trying to steal the idea use in forming bitcoin.
Every plan of creating a new one is just adding to the shitcoins we have in the market, this is why all these shitcoins don't last in the market, they end up getting crashed after sometime.
Every plan of creating a new one is just adding to the shitcoins we have in the market, this is why all these shitcoins don't last in the market, they end up getting crashed after sometime.
Why do you think we need another Bitcoin?
This was my first thought. The "bicycle" has already been invented. Unfortunately, we don’t see anything new other than a parody, although we periodically see statements about the creation of a new and great coin. OP, all you see on the market is the repetition of an idea being repeated. It’s difficult to say that this will always be the case, but so far, time shows that Bitcoin is unique and confirms this more and more every year.
But what about people like me who wants to own some bitcoin, but we don’t have a chance nearly possible but to invest money, if people like us are given opportunity would buy, but what you all legendary name holders are referring is that it won’t attract different adopters but a very few ones who will buy everything and there will be nothing left to buy of that new coin resulting it to never attract gains just like bitcoin right?
I got a PM explaining it, anyways it was such a delight to get knowledge on these topics that too with different approaches, man you guys got to be marinating knowledge all this long.
All I can do is wait and let someone donate some BTC
I feel imma waste my entire life thinking of this but not doing anything about this.I’M BROKE AND I FEEL IT IN MY WALLET
Why do you think we need another Bitcoin?
This was my first thought. The "bicycle" has already been invented. Unfortunately, we don’t see anything new other than a parody, although we periodically see statements about the creation of a new and great coin. OP, all you see on the market is the repetition of an idea being repeated. It’s difficult to say that this will always be the case, but so far, time shows that Bitcoin is unique and confirms this more and more every year.
Mate you are not the first person to think about that.
Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
That is just how it is. Such development can be possible but any coin without the chances of Investors to place demands of it is termed valueless.Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
It would be quite unfortunate for such potential coin because Bitcoin as the first mover in the crypto industry has seemed to chained the industry with a dominance adoption in the market from the range of global factor.
Infact, there is this mentality that in every similar products, the first product is recommended as the original development which is most reliable and reputable while others are copyright with inferior qualities trying to emulate that original development.
However, the engineering developers of Bitcoin would always sit-up updated in order to remain at that great heel which would make it challenging for any other coins known as the Altcoins to have such developments ahead of bitcoin. Although such development can be possible but still seems impossible considering the influential capacities of Bitcoin.
The reason why there are no competitive alternatives to Bitcoin is that there has never been one that could compete with it as a whole. A lot of projects and developers thought of creating something that could compete with Bitcoin or maybe be better than it when it comes to features such as lower transaction confirmation time, lower fees, scalability, and much more, however, if none of them could divert the attention of the world from Bitcoin towards themselves, it means they weren't better than it despite all the efforts put in by the creators.
One of the biggest reasons why alternative coins were never able to compete with Bitcoin is that they aren't truly decentralized like how Bitcoin is. There are no possible ways for anyone, even the creator, to make any changes in Bitcoin even if they want to, they can create forks, duplicate the blockchain and its features and add extra features, but their versions will not be the same as Bitcoin because they would be centralized to some extent.
One of the biggest reasons why alternative coins were never able to compete with Bitcoin is that they aren't truly decentralized like how Bitcoin is. There are no possible ways for anyone, even the creator, to make any changes in Bitcoin even if they want to, they can create forks, duplicate the blockchain and its features and add extra features, but their versions will not be the same as Bitcoin because they would be centralized to some extent.
Mate you are not the first person to think about that.
Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
Sure most altcoin has been compared with bitcoin but it not about comparison it should be practical, how many altcoin has the value of.bitcokn the answer is none that's is to say that bitcoin remain the most trusted and valued digital asset that has ever existed, the price of Bitcoin controls the price of other cryptocurrency in digital market, I was following up the price shift of digital assets recently I noticed that immediately bitcoin appreciates in price, coins like ETH, BNB rise to their all-time high and I was surprised to see us h happen that why I concluded that for any coin to appreciate, bitcoin must play a role as the bedrock of alternative crypto currency, the only statement I see as a correct one is that most reliable digital asset profits it's investors in many folds once bitcoin appreciate in price.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
Your last statement answered your question earlier, a proper examination into all this and you will find out that there have been other coins out there that have been created to want to look like Bitcoin but then it has always turned out they are not able to take the place of Bitcoin as Bitcoin still stands out and i believe it's way beyond just that you have stated if you will successfully be able to create a replacement or replica of Bitcoin a d definitely others may have tried but ended up as an Altcoins so it's not a new idea you are actually suggest it's something that has actually been attempted but still couldn't beat the original.Just if you so desire to try out something you can Check out other Altcoins and maybe from there you will get a better idea into all I've talked about.
People are satisfied with the features to be honest. There is no need to develop additional features and launch the coins with control mechanism. People loved Bitcoins for the features it is already providing. People also loved Bitcoins for its decentralised nature of the coin. The idea you are pitching is already done by many people and hence resulted in many shitcoins. So yes, there is no need to develop more in the name of Bitcoins.
Well, I think it has to be sounded more clearly before the message sinks in, because it is clear that any new coins created to be launched on the Blockchain network with whatever new ideas, is a shitcoin or an Altcoin or even a token that is very different in processing as compared to Bitcoin. New ones would only be more risk and more risk as at now when the economic palance of many country is not secure and the hope for daily survival and sustainable isn't sure is an new or old investors worst nightmare.
What makes Bitcoin so great is that it is decentralised and it's creator Satoshi Nakamato has been missing for over a decade. People feel confident that he created it for virtuous and philosophical reasons, to disrupt the system of money in the world, not a cash grab or tk become rich or famous. Today there are millions of alt (shit) coins that exist. Majority of which exist to make the owners or investors profit, so they can become rich, the exact opposite of what Bitcoin is doing now. Also consider, Bitcoin has been around for 15 years now. That is not an insignificant amount of time to create a project would could be seen as world revolutionising.
People are satisfied with the features to be honest. There is no need to develop additional features and launch the coins with control mechanism. People loved Bitcoins for the features it is already providing. People also loved Bitcoins for its decentralised nature of the coin. The idea you are pitching is already done by many people and hence resulted in many shitcoins. So yes, there is no need to develop more in the name of Bitcoins.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
So you're saying why not create an altcoin with larger blocks....yeah that's been done many many many times. The "features and stuff" that make Bitcoin so amazing have much more to do with how it was created and how its network and development and community evolved, rather than simply what you put in the code. The code made Bitcoin possible, the network and governance make Bitcoin unique and powerful. None of the altcoins that have done exactly what you suggest have ever been able to replicate the important things of Bitcoin.
And your idea of master blocks would do nothing. I'm not even sure exactly what you mean in your description of master blocks, but "just waits for the confirmation from the block" means the transactions would take exactly the same amount of time that they already do. Whether you have whatever these master blocks are, or not, you're still waiting for the confirmations so the time is the same.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
You should have done your own research first, there are many Bitcoin wannabe projects today, that adopts the same proof of work as Bitcoin and some even introduced new PoW algorithms but they never seen to attract the she attention as that of Bitcoin.
What you aren't adding up is that Bitcoin is not just a proof of work coin, its a digital currency that makes decentralisation works, for the first time ever, if all what others can do is proof of work, they can't even be put side by side in any way.
Nothing will ever be as good as Bitcoin, my advice to other proof of work projects is they should be something else and stop trying to be a better Bitcoin, they will keep failing if this is what they want to do, kaspa stands on its own as a blockDAG project, and that's new, if it works it can be very successful.
I keep thinking that as the bankers and financiers are investing heavily in Bitcoin, it is moving away from the "common man". The concept and software is brilliant, and doesn't really need changing. The difficulty in creating a cloned Bitcoin would be avoiding a 51% attack until it became established. I keep trying to sthink of ways to do this, and three possible methods are -
- Miners will need to have a mining account, and an account is only able to create five blocks ( say ) in any 24 hour period. I haven't thought of a way to stop banks having multiple mining accounts though.
- On finding a block, a miner is prevented from registering another block until 10 new ones have been created. Again, I don't know how to police this.
- Vary the difficulty based on a miner's combined hash rate. The lower the hash rate, the easier the difficulty. This would help small miners, as long as there was a way to prevent mining collectives taking control.
Where money is involved, then human ingenuity seems to know no bounds, so I tend to think that a people's Bitcoin is just a pipe dream.
- Miners will need to have a mining account, and an account is only able to create five blocks ( say ) in any 24 hour period. I haven't thought of a way to stop banks having multiple mining accounts though.
- On finding a block, a miner is prevented from registering another block until 10 new ones have been created. Again, I don't know how to police this.
- Vary the difficulty based on a miner's combined hash rate. The lower the hash rate, the easier the difficulty. This would help small miners, as long as there was a way to prevent mining collectives taking control.
Where money is involved, then human ingenuity seems to know no bounds, so I tend to think that a people's Bitcoin is just a pipe dream.
Anyone can do it and it is free. However, people make their judgment, not just about the nature of the project but it is how the project has been created. If your projects look promising and the team can be trusted, it is a plus point that makes investors become interested. And this is the reason why a lot of new projects fail and it is because people never see it as worthy, but just another useless project. Whether you like it or not, not all developers are creating projects for the good of everyone, some did for a scam.
Ok I’ve got one question for you. what unique feature you want to see in this crypto ecosystem
There are still honestly a lot of things that need further improvement in the cryptocurrency scene one would be scalability issues. Whenever a coin becomes successful, the mempool becomes congested and it makes it almost impossible to use that coin in a daily circumstance because of very high transaction fees.
It would be nice to have a coin that no matter how much the transactions are, the network does not get congested. I think we should focus on improving on this as well as security issues before thinking of “unique features”.
The idea has been tried and failed so literally, there is no substitute for bitcoin because what it fosters in our minds is not just about technology or financial isolation.
With bitcoin, the process from the beginning to the present, almost every foundation brick is very solid in my understanding of it, so don't hope too much that a new product can take its place, you should also understand why it still maintains its current position.
With bitcoin, the process from the beginning to the present, almost every foundation brick is very solid in my understanding of it, so don't hope too much that a new product can take its place, you should also understand why it still maintains its current position.
People have done this before, it's called bitcoin forks and so far, they're not that good of a substitute to bitcoin and they're even worthless now I think, so believe me and others when we say that a new bitcoin or a clone of it isn't going to be any kind of solution that would create any kind of profit for those that would invest in them. You're better off investing in bitcoin and doing DCA rather than wishing for another kind of bitcoin that's pretty much useless.
You're not afar from the saying that "It's easier to say than to be done". You're just an outsider who's more after of partaking with the profitable potentials bitcoin or other Coins portrays and not as logical and technically initiated with the Coins developers.
Bitcoin was the first crypto coin ever existed before the AltCoins was introduced, and so much bitcoin has also been up to date of enhancing advanced and flexible potentials which other coins has been unable to build.
Every other AltCoins has also been troubleshooting on how they could enhance their developments ahead of bitcoin but it has been seems impossible so Op, you might be on point with your thought but possibilities to actualize it a reality is most considerate. While at the main time, bitcoin has been of best offers and services and if need be, its developers would come to an enhancement but mustn't be considered for an individual benefit just as your thoughts but to the considering of its massive adoptors inclined.
Bitcoin was the first crypto coin ever existed before the AltCoins was introduced, and so much bitcoin has also been up to date of enhancing advanced and flexible potentials which other coins has been unable to build.
Every other AltCoins has also been troubleshooting on how they could enhance their developments ahead of bitcoin but it has been seems impossible so Op, you might be on point with your thought but possibilities to actualize it a reality is most considerate. While at the main time, bitcoin has been of best offers and services and if need be, its developers would come to an enhancement but mustn't be considered for an individual benefit just as your thoughts but to the considering of its massive adoptors inclined.
You're not afar from the saying that "It's easier to say than to be done". You're just an outsider who's more after of partaking with the profitable potentials bitcoin or other Coins portrays and not as logical and technically initiated with the Coins developers.
Bitcoin was the first crypto coin ever existed before the AltCoins was introduced, and so much bitcoin has also been up to date of enhancing advanced and flexible potentials which other coins has been unable to build.
Every other AltCoins has also been troubleshooting on how they could enhance their developments ahead of bitcoin but it has been seems impossible so Op, you might be on point with your thought but possibilities to actualize it a reality is most considerate. While at the main time, bitcoin has been of best offers and services and if need be, its developers would come to an enhancement but mustn't be considered for an individual benefit just as your thoughts but to the considering of its massive adoptors inclined.
Bitcoin was the first crypto coin ever existed before the AltCoins was introduced, and so much bitcoin has also been up to date of enhancing advanced and flexible potentials which other coins has been unable to build.
Every other AltCoins has also been troubleshooting on how they could enhance their developments ahead of bitcoin but it has been seems impossible so Op, you might be on point with your thought but possibilities to actualize it a reality is most considerate. While at the main time, bitcoin has been of best offers and services and if need be, its developers would come to an enhancement but mustn't be considered for an individual benefit just as your thoughts but to the considering of its massive adoptors inclined.
Why do you think we need another Bitcoin?
This was my first thought. The "bicycle" has already been invented. Unfortunately, we don’t see anything new other than a parody, although we periodically see statements about the creation of a new and great coin. OP, all you see on the market is the repetition of an idea being repeated. It’s difficult to say that this will always be the case, but so far, time shows that Bitcoin is unique and confirms this more and more every year.
I believe you must have gotten all the information and responses rightly met for this post and mine wouldn’t be anything very specific or new and I’m sure just as others have already said , there have been projects which have been built to take over bitcoin but they failed and one major reason for that is because, people already fixed their trust in bitcoin because if it’s decentralized natures and how it will be very difficult to manipulate it, on like any other project that would be launched now, which will end up being a pump and dump project with no actual substantial back off.
Many cryptocurrencies have come out that have declared that they are more than bitcoin, but in the end, what happened? They didn't prove it, and then the day and time passed and it wasn't talked about anymore; instead, at the beginning, it was noisy and talked about, and after that, it was just like a display here in the crypto field that most people don't pay much attention to.
And that's because there are many new cryptocurrencies appearing in the market that have good use cases and are adapted to the time we have now, and this is the reason why the community immediately enjoys them because they are hyped.
And that's because there are many new cryptocurrencies appearing in the market that have good use cases and are adapted to the time we have now, and this is the reason why the community immediately enjoys them because they are hyped.
Why do you think we need another Bitcoin? Whatever will be created will be called altcoin or shitcoin. No one can compete with Bitcoin anyway. A lot of shitcoins circulating on the market aren't performing like Bitcoin. There are many Bitcoin forks also, but they have failed to compete with Bitcoin. All the new coins coming out are centralised somehow. No one can create a second Bitcoin. We are happy with Bitcoin and its technology. You can still accumulate bitcoin for whatever you want. So why seek out another? It doesn't make any sense at all.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
It's because it's not that original and we have seen a lot of Bitcoin fork that didn't succeed isn't it? So it's not about the same motivation or what not, it's about Bitcoin becoming the prime mover in crypto that it become so successful. So in any competition, if you are the first, chances are you will be supported, but if you say copy the concept and just put some improvement on it, still people are going to see that as just a copy cat of the original and will be frown upon.
You can say that to Ethereum as well, there are a lot of it's competition, but they still remain as the top altcoin despite so many projects that are better than them in the space right now, faster, better layering solution and others. But still in the second best crypto behind Bitcoin.
Several coin has been created but wasn't able to achieved their dreams along the line they were dead that is why you see many other altcoin existing now since they can't function as bitcoin they came up with a different concepts.
Bitcoincash has same usecase but can't be compared as bitcoin itself, bitcoin just make a research about it you would get it or you can look over exchange as few already suggested.
Bitcoincash has same usecase but can't be compared as bitcoin itself, bitcoin just make a research about it you would get it or you can look over exchange as few already suggested.
Bitcoin has the advantage of being the first and its almost perfect in terms of acceptance
with a global network of miners, nodes and developers, a track record of never been hacked
and totally decentralised with no one person or entity in control. Satoshi knew that "he" had
to "disappear" in order for it to fully become what it is today - thats vision right from the
start and before the Genesis Block.
So any serious Bitcoiner is not going to abandon a proven entity like Bitcoin for something
else designed by a known entity with no history or track record.
Its pretty much impossible to replicate what Satoshi created and how "he" went about
and get everyone to jump ship over to it.
with a global network of miners, nodes and developers, a track record of never been hacked
and totally decentralised with no one person or entity in control. Satoshi knew that "he" had
to "disappear" in order for it to fully become what it is today - thats vision right from the
start and before the Genesis Block.
So any serious Bitcoiner is not going to abandon a proven entity like Bitcoin for something
else designed by a known entity with no history or track record.
Its pretty much impossible to replicate what Satoshi created and how "he" went about
and get everyone to jump ship over to it.
If a developer actually succeeds in improving on Bitcoin and develops a superior technology which fills all the gaps Bitcoin currently has, their creation will be accepted and with time thrive in the market.
Bitcoins were created to solve some of the problems that the normal money has, and it has been accepted. If there is another innovation that improves on the unexpected flaws that bitcoin has, it may take time but it will be accepted. Some creators of altcoins have this in their mind when they were creating their coins, but they have not been able to create something that is more accepted than bitcoin, that it is why bitcoin still has all the recommendations and people investing more in it. 
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
In all your idea, you didn't mention about decentralization. Bitcoin is the only coin that is 100% decentralized. Most developers have created what you described in OP but they all faded away. It will therefore be nice if you join the bitcoin blockchain maintainers and implement these your ideas as a means to scale bitcoin. Just like LN, SigWit, Taproot etc. This will make our dear bitcoin more sustainable than creating thousands duplicate bitcoin-likes. 
Tranthidung has said it all, there are hundreds of coins with the same characteristics that you have aforementioned. I suggest you to read the history of BTC and its forks. Why some of the forks are active and why most are dead? Why BTC is most famous. I suggest you read the history of the initiation of alts, like when did they started to be made. And why as well.
The answers to these questions will give you the whole idea that many coins already exist with some characteristics. The main question is why we need another BTC, while its use cases are lesser than most of the coins already in the market. I know BTC has its own reputation and its not mainly made for other use-cases it served its purpose. So why do you think we need another BTC? I think these alts that have been made are known as alts or under the influence of BTC because they are also made with the same idea that a coin must exist that should have more characteristics than BTC.
The answers to these questions will give you the whole idea that many coins already exist with some characteristics. The main question is why we need another BTC, while its use cases are lesser than most of the coins already in the market. I know BTC has its own reputation and its not mainly made for other use-cases it served its purpose. So why do you think we need another BTC? I think these alts that have been made are known as alts or under the influence of BTC because they are also made with the same idea that a coin must exist that should have more characteristics than BTC.
What? Do you want to be tagged?
He has edited the post, after reading the post I was a little impressed even didn't understand some of his points in the first go. Well, dear tranthidung I think this person is near to a scammer person no proof, just read this thread and you will understand what I mean. hero member
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Bitcoin was the very first successful cryptocurrency, and every other altcoin took the idea of Bitcoin to create their own coins with the same or different user cases. It's been 15 years now since Bitcoin was developed, but yet there's no blockchain technology (coin) that has ever ride on Bitcoin, which means that Bitcoin has always been the waymaker in the crypto market for 15 years now, and there is no original idea to surpass it. Have you heard about Bitcoin SV? Posing to have a better coin than Bitcoin but yet cannot be compared to the original coin.
I am not against any technology coming up that can do better in the aspect of becoming a very great source of investment for individuals, even better than Bitcoin, but I doubt if that technology is going to be a crypto-related project because so many projects have tried to copy Bitcoin but have not succeeded, perhaps, I don't thinks anyone can be able to sacrifice what Satoshi have sacrificed for us.
I am not against any technology coming up that can do better in the aspect of becoming a very great source of investment for individuals, even better than Bitcoin, but I doubt if that technology is going to be a crypto-related project because so many projects have tried to copy Bitcoin but have not succeeded, perhaps, I don't thinks anyone can be able to sacrifice what Satoshi have sacrificed for us.
~snipe~
I don’t know what you think altcoins are or even forks but, should you be looking at for them, you could find them on just about any exchange you visit, ain’t nothing out of place about that.If your idea is that, somehow the influence of Bitcoin and its place in the cryptospace would be contested by some fork or altcoin, you would be very well mistaken. That ain’t going to happen as there are benefits that comes with being the pioneer to a field and that’s what Bitcoin enjoys the most today plus, it’s decentralized and highly user involved consensus nature in maintaining the integrity of the network.
But, I guess this isn’t the main intent is it.
Perhaps those who didn’t get in earlier enough seems to hope for a better opportunity in another coin under the name of swift transactions. You could always seek that out in altcoins but, know the risk otherwise, your best option remains to buy Bitcoin as we still at its early phases.
Mate you are not the first person to think about that.
Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
The first point of suspension for me with those projects that proclaim that they want to replace Bitcoin is in their attempt to replace an already successful project like Bitcoin instead of trying to build they own ecosystem to help the grow into a fitting alternative instead of trying to take over.Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
We can easily support any project that promises to provide a better alternatives in the market, since Bitcoin is already performing excellently right now and for that we are not looking replacement and any developer that want to contribute should be in form of enhancing the scalability of the entire cryptocurrency ecosystem
let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
That’s like a new coin to solve transaction issues, I think bitcoin cash developers has same thought as you have and they went ahead to increase their own block size to 32MB and repercussions which many were scared off is that bitcoin security is much better than that of bitcoin cash as it requires more computational power. From your own perspective I see you wish to have the transaction on another block before the main transaction is confirmed which is still achievable with the like of lightning network or better still we have a soft fork of segwit which helps to increase the number of transactions in a block due to the segregation or separation of the witness from transaction details.
Your idea will be brushed off if it is seen to be not secure enough and by moving to your the POP mechanism I doubt many might trust it
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin?
It won't looks funny that you're also trying to create another scene in addition to that we already had with the likes of bitcoin cash among others, if you think you can make it, then why not give a try, others that already made same are part of the constitutes we are having with the numbers of altcoins we are having today, do you also want to give a try on something new or join with others in creating the same alts.
I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
If you truly have something reasonable to offer, the bitcoin community will not castigate you, instead support you, you're not after all competing with bitcoin, instead bringing out something new to the people.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin
We have hundreds of shit coins like this with Bitcoin in their names.How many Bitcoin forks are there? Most of Bitcoin forks are dead coins.
How Many Bitcoin Forks Are There? You will be surprised!!!
Quote
if you like the idea, you can PM me and also donate to this address.
What? Do you want to be tagged?You can add your Bitcoin address to your profile. It's not good to beg for donation in any post. Lastly, this idea is not new and it is terrible.
Ok and I am sorry I am new here just learning stuff. Ok I’ve got one question for you. what unique feature you want to see in this crypto ecosystem
If a developer actually succeeds in improving on Bitcoin and develops a superior technology which fills all the gaps Bitcoin currently has, their creation will be accepted and with time thrive in the market.
There is no limitation to altcoins in terms of market reach or resources. Only there are very little original ideas and devs not in it solely for some quick profit.
There is no limitation to altcoins in terms of market reach or resources. Only there are very little original ideas and devs not in it solely for some quick profit.
Mate you are not the first person to think about that.
Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
Many altcoins compare themselves to be like bitcoin or say that they will be the next bitcoin but it never happens and that is because at this point no once can replicate bitcoin’s value. They can try and create bitcoin’s blockchain and probably succeed at it but to release it and have people prefer that over the original one would just be impossible.
Bitcoin did not gain all of this over a night. It took many years to build this community and this trust.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin
We have hundreds of shit coins like this with Bitcoin in their names.How many Bitcoin forks are there? Most of Bitcoin forks are dead coins.
How Many Bitcoin Forks Are There? You will be surprised!!!
Quote
if you like the idea, you can PM me and also donate to this address.
What? Do you want to be tagged?You can add your Bitcoin address to your profile. It's not good to beg for donation in any post. Lastly, this idea is not new and it is terrible.
Why not a person with the same motivation and the intention to create a new enhanced Bitcoin ( ofc their alternative name ) just with the features and stuff, launch this new coin protocol, and also keep its supply limited just like the Bitcoin? let's say I as a person created the "X" coin with a new consensus mechanism like POP (proof of performance) or PoW itself and an enhanced transaction speed with more no of transactions per block by creating a set of master blocks interconnected with the traditional blocks of the same size 4Mb, with predetermined values already stored inside the master block as a cash-register and once a transaction is initiated a block records on the ledger and the master ledger already initiated the transaction, just waits for the confirmation from the block. I think this will reduce the time per transaction and make the blocks ready in less time for the next transaction initiation, and this can greatly enhance the 7 transactions --> 200+ maybe transactions. I don't know just saying, that even people who are involved with the development of Bitcoin will disagree with me in creating a new cryptocurrency like this.
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