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Title: Blockstream vs. Altcoins? Post by: BlindMayorBitcorn on February 20, 2016, 03:04:10 AM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains?
Title: Re: Blockstream vs. Altcoins? Post by: TPTB_need_war on February 20, 2016, 03:19:07 AM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains? Don't worry, Blockstream is incompetent. Another cluster-fuck of overconfidance as is Ethereum. Side-chains can't ever work, unless they are merge-mined on the chain they side-channel. Blockstream is basically proposing Segregated Witness which is reall a Trojan horse to take control over Bitcoin forks by introducing versioning (which will make it easier for them to soft-fork Bitcoin at-will). Bitcoin is in a cluster-fuck already with China's mining cartel controlling 65% of the hashrate. Title: Re: Blockstream vs. Altcoins? Post by: BlindMayorBitcorn on February 20, 2016, 03:23:38 AM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains? Don't worry, Blockstream is incompetent. Another cluster-fuck of overconfidance as is Ethereum. Side-chains can't ever work, unless they are merge-mined on the chain they side-channel. Blockstream is basically proposing Segregated Witness which is reall a Trojan horse to take control over Bitcoin forks by introducing versioning (which will make it easier for them to soft-fork Bitcoin at-will). Bitcoin is in a cluster-fuck already with China's mining cartel controlling 65% of the hashrate. Isn't Liquid a working side chain? Title: Re: Blockstream vs. Altcoins? Post by: sanadas on February 20, 2016, 08:53:26 AM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains? Don't worry, Blockstream is incompetent. Another cluster-fuck of overconfidance as is Ethereum. Side-chains can't ever work, unless they are merge-mined on the chain they side-channel. Blockstream is basically proposing Segregated Witness which is reall a Trojan horse to take control over Bitcoin forks by introducing versioning (which will make it easier for them to soft-fork Bitcoin at-will). Bitcoin is in a cluster-fuck already with China's mining cartel controlling 65% of the hashrate. Do you mean we need the Bitcoin Classic to take over the bitcoin so that it is in people's hands again? Title: Re: Blockstream vs. Altcoins? Post by: TPTB_need_war on February 20, 2016, 05:37:19 PM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains? Don't worry, Blockstream is incompetent. Another cluster-fuck of overconfidance as is Ethereum. Side-chains can't ever work, unless they are merge-mined on the chain they side-channel. Blockstream is basically proposing Segregated Witness which is reall a Trojan horse to take control over Bitcoin forks by introducing versioning (which will make it easier for them to soft-fork Bitcoin at-will). Bitcoin is in a cluster-fuck already with China's mining cartel controlling 65% of the hashrate. Do you mean we need the Bitcoin Classic to take over the bitcoin so that it is in people's hands again? What I think is probably more words than I feel like writing down. Mining is broken in all the coins in existence. Someone needs to provide a coin that has mining that won't centralize as it scales. Bitcoin will centralize. It doesn't matter how it happens, it will happen. Blockstream, Classic, China's mining cartel, all will jockey for position but the result will be centralization. Title: Re: Blockstream vs. Altcoins? Post by: Dagwanoenyent on February 20, 2016, 09:40:13 PM Blockstream can someone post link i don't know what are you talking about.
Title: Re: Blockstream vs. Altcoins? Post by: sadasa on February 20, 2016, 10:05:00 PM There is a news that the Bitcoin Core team is going to release the SegWit, and hard fork to 2MB by July.
Title: Re: Blockstream vs. Altcoins? Post by: BlindMayorBitcorn on February 27, 2016, 04:11:03 AM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains? Don't worry, Blockstream is incompetent. Another cluster-fuck of overconfidance as is Ethereum. Side-chains can't ever work, unless they are merge-mined on the chain they side-channel. Blockstream is basically proposing Segregated Witness which is reall a Trojan horse to take control over Bitcoin forks by introducing versioning (which will make it easier for them to soft-fork Bitcoin at-will). Bitcoin is in a cluster-fuck already with China's mining cartel controlling 65% of the hashrate. Isn't Liquid a working side chain? Yes. (https://bitcointalk.org/index.php?topic=1305286.msg14023324#msg14023324) Title: Re: Blockstream vs. Altcoins? Post by: x13 on March 05, 2016, 01:14:01 PM If Blockstream holds what they promised then every altcoin could hooked up on the Bitcoin blockchain. It would not be the death of alts but it would bring the crypto coin world much more closer. I see it as a big chance.
Title: Re: Blockstream vs. Altcoins? Post by: keepdoing on March 05, 2016, 01:27:38 PM Blockstream has over $60mil in funding to develop side chains. With Confidential Transactions coming to Bitcoin, do you think privacy-centered altcoins like XMR will suffer a decline in demand against new side chains? Oh give it a rest. Suddenly you are over here posting on the Altcoin threads out of concern for our well being? You are a known Bitcoin Shill, and your post is just more example of it. You are as transparent as a pane of glass.You are over here posting because you are scared. Plain and Simple. Once again Bitcoin has risen a tiny amount, only to fail and fall backward. You are seeing Bitcoin money exiting and heading into Ethereum. Overnight we've got Bitcoin Shills over here that haven't posted in Altcoin land - suddenly in love with our little Altcoin section. You are posting here because you are scared. You are trying to do here what you did to Bitcoin.... try and control it, cripple it, destroy it ... with FUD. I AM LOVING THIS!!!!! You little pieces of bitcoin killing shit are now going to get what you deserve! And I honestly hope you do NOT sell your bitcoins. I want you to HODL them all the way to zero! |