|
Title: How flexible is the protocol? Post by: cafucafucafu on October 08, 2014, 07:27:13 PM TCP/IP manages to last so long as the Internet's main protocol. Does the Bitcoin protocol have the same lasting property? The worry is that it will be replaced by an altcoin. Another (maybe more pressing) worry is that it will become too dominant and thus quash all innovation from altcoins.
Title: Re: How flexible is the protocol? Post by: Elwar on October 08, 2014, 07:33:01 PM TCP/IP has competitors too...
When is the last time you used ATM? Title: Re: How flexible is the protocol? Post by: DannyHamilton on October 08, 2014, 07:58:09 PM TCP/IP manages to last so long as the Internet's main protocol. Does the Bitcoin protocol have the same lasting property? It certainly seems to. Only time will tell for certain. The worry is that it will be replaced by an altcoin. Unless the altcoin is extremely innovative, it seems unlikely that any altcoin will be able to overcome the stranglehold that bitcoin already has on the cryptocoin market. Another (maybe more pressing) worry is that it will become too dominant and thus quash all innovation from altcoins. It will most likely "quash" ineffective and useless "innovation". If something truly innovative is developed, it might have a chance (just like the truly innovative development of bitcoin has a chance against the stranglehold that fiat currency already has in the world). Title: Re: How flexible is the protocol? Post by: Elwar on October 08, 2014, 08:54:41 PM IPv6 is a vast improvement over IPv4.
That came out in the 90s. What is your IPv6 address? Title: Re: How flexible is the protocol? Post by: Meuh6879 on October 08, 2014, 10:20:06 PM Quote TCP/IP manages to last so long as the Internet's main protocol. Does the Bitcoin protocol have the same lasting property? bitcoin can work in the infiny and behond ... even WinXP work since 2002 ... that why ATM's of banks work again ;D in WinCE. http://www.picgifs.com/reaction-gifs/reaction-gifs/doctor-who/picgifs-doctor-who-2771874.gif http://imagizer.imageshack.us/v2/xq90/910/hs31RN.png |
