Does it have major differences to Bitcoin atm except the mining algo? No.
Ok, so nothing big yet.
Will it have in the future? Yes.
What and why? Be specific.
Why not implement them now instead of at a later stage? You have to start from somewhere familiar and there are also numerous applications, clients, functions and addons that have popped up lately (for example Electrum) that its really hard to select one and go with it. Also time plays an important role in this. To fully develop a working client like i and others would like it to be, might even take a year or more.
So, more or less what Bitcoin developers have been doing all along.
Why dont you just use Bitcoin or build on top of it? I do like Bitcoin a lot but i dont see it fulfill some very important needs. Right now i can only use it to speculate and you can see that it is a speculative tool on your own. No need for me to tell you that.
You can also use Bitcoin to buy things. You can neither speculate upon nor buy RealCoin yet. Won't there be only speculation when the RealCoin exchange opens and there is no economy supporting it?
Lets all think of PayPal. Why is PP accepted everywhere? Because it is user-friendly and simple to use both from the merchant's side and the consumer's.
Ok, and Bitcoin is specifically designed to address this issue. The point is that it's still growing and becomes more user friendly as more people accept it. RealCoin faces the exact same hurdle. You're talking about a more user friendly client, not a more user friendly currency.
Now Bitcoin could become a decentralized PP in terms of having all the advantages (or most of them) of PP but also being decentralized which is great.
Right. And as everything you have mentioned is completely vague and/or opaque, we don't know RealCoin is decentralized.
Now ask yourself.
Has it become something like this or at least get close to it? No.
Bitcoin already DOES have the advantages. It takes time to develop the economy.
Will it become? I dont know.
Already is.
Who decides what it will become? The core team who is developing it. Dont tell me that you actually have a say in what the client is or is not.
You better believe the Bitcoin core developers keep the client's users in mind. Isn't it smarter to consider what people want if you want them to use your client? Feedback is wonderful.
Is it user-friendly? Hmmm. Somewhere in the middle between Yes and No.
Could it be more user-friendly? Sure.
I agree on both accounts.
Would a regular average user benefit from a very simple tool that works like PP but is also under his own control? Definitely.
Like Bitcoin?
Would a merchant or a consumer or a business owner benefit? Of course.
Like by using Bitcoin?
Why doesnt Bitcoin fulfill this need? Probably because it might do it in the future but right not is focusing on other stuff.
Focusing on other stuff like...development? Ever heard of Bit-Pay? Regardless, you're still talking about an economy, not a currency. Currencies do not act and are not focusing on other stuff. You have no say in the creation of the economy except an exchange should you choose to make one.
Are there numerous functions on top of Bitcoin that make it better than just the client itself? Yes. Numerous.
Like?
Why are they not implemented into the client (apart from the technical side)? Maybe different goals.
Are you talking about the currency or the client? Are you talking about changing the currency itself midway through? Is there something that a magical client can do to enhance your currency that cannot also be implemented into the Bitcoin client?
Does Bitcoin has a Paper where the next steps that will be taken are clearly outlined? I am not aware of one.
That's because its a free market. You really want to tell people how to specifically develop an economy in a free market?
There are numerous other questions.
Oh yes, I have some as well...
The important thing is that the more alt coins fail the more stronger Bitcoin gets. So whenever someone like me or someone else posts an announcement on a new coin dont go crazy.
So, wouldn't the failure of RealCoin aid Bitcoin? Why are you making this again? I thought you said RealCoin isn't meant to compete against Bitcoin?
Lastly as i said in the beginning of this thread, why not be friends? Maybe in the future there is a function, utility, service developed in the RLC network that is good for BTC use and is adopted.
Friends maybe, business partners no. And, as you stated above, maybe terminating the network would make Bitcoin stronger (according to the reasoning you provided).
Also as you might have understood although the client might be really close to the BTC client, the economics behind RLC are different and there are some new ideas implemented. So look at this project as a way to research the side of economics rather than the pure source code and i am pretty sure that there will be important things that will come out of this.
What economics? What economy? What new ideas implemented where?
"...a way to research the side of economics rather than the pure source code..." -- No. Source code first or I have no interest in using ever.
Closing, i would like to say for once more that a DIFFERENT target/goal/aspiration/etc makes a DIFFERENT coin since the approach as well as the execution will be different.
What different target/goal/aspiration? Difference is not a good enough reason to have a new currency. We must have a very good to believe the currency itself (and not the approach and execution) will be significantly better. If not, it's much more worth your while to take your ingenious approach and execution and apply it to Bitcoin.
Show Posts
