Bitcoin Forum

Now that we are starting to see escrows being created and the protocol supporting message signing, invoice creation, and more; Bitcoin is no longer a simply one way transaction network. Bitcoin 2 would convey the evolution of the protocol while keeping compatability with original bitcoins.

Let me answer with a rhetorical question: would you call writing a check to two parties, or one with two signature lines, "checking 2.0"?

I would find this more confusing than anything.  I would expect it to mean a new kind of non-interchangeable coin that works like bitcoin, and is being held out as better in some way, but isn't spendable where only a bitcoin is accepted.  Basically an altcoin.

I can see how from a marketing standpoint bitcoin 2.0 is like web 2.0

Its an upgrade from the original.

Most people don't even know what two-party checks are. Most people don't even use checks anymore. I think of them as business checks.

I see where you are coming from, but I think most people would interpret it as "Bitcoin 1 compatible" instead of an alt coin. More importantly, it conveys the evolution of Bitcoin itself. Perhaps I am over-analyzing this. Really, very few people have even heard of Bitcoin yet to worry about their misgivings.

That was my thinking.

We don't even have Bitcoin 1.0 yet.  The death of Bitcoin 1.0 before the birth of Bitcoin 1.0 seems kinda premature.

I forget sometimes that Bitcoin is still Beta. Thanks. I'll close this thread.