Bitcoin Forum
June 30, 2024, 09:47:31 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Alternate cryptocurrencies / Altcoin Discussion / Bitcoin and Quarter bitcoin and so on -- Faster and faster on: June 11, 2018, 07:27:28 AM
    Time has validated the rationality and reliability of the electronic payment system Bitcoin, which does not require credit intermediaries. At the same time, the integrity and uniqueness of the block chain are proved to be the indispensable cornerstone of the electronic payment system. Today, it is time to establish an efficient application ecological or application environment for bitcoin to respond to the growing transaction needs.           
    From ancient times to the present, coins are made up of various values, such as gold coins, silver coins,1 dollar, half dollar , quarter dollar, dime and cents and so on, these coins correspond to the needs of different transactions. A single value coin can not meet the needs of actual transactions, that is to say, transactions of different values are jointly completed by different currencies. The less the monetary value is, the more the transaction is, the frequency of the use is inversely proportional to the face value of the coin. In the long run, the current storage and transfer function of the bitcoin is larger than the function of the transaction. With the huge and increasing unit price, the existing system has been unable to meet the demand for quick transfer of small transactions.           
    A reasonable choice is to adapt to the development of transactions and develop a multi-level system to meet the needs of different value and different scale transactions. A high value payment transaction for a small frequency should be undertaken in the ecosystem by the first block chain - bitcoin, while the other parallel chain handles lower value payment. The expansion of parallel multilevel block chain series is determined by market demand, which will undoubtedly meet the growing demand for payment in the future. The open multilevel block chain system based on market demand not only solves the bottleneck of the current transaction efficiency, but also ensures the integrity, security and decentralization of the bitcoin block chain, and reduces the technical risk and reputation risk of the system.           
    Today, there should be some concrete things to create a multilevel payment mechanism for bitcoin. The first step is to build the next level block chain -- quarterbitcoin. please to see the web site: quarterbitcoin.net.           
    It can be determined that the bitcoin multilevel chain system, composed of different levels, different currency values, faster transmission speed, and a larger transaction scale, can fully meet current and future transaction needs. Bitcoin and Quarter bitcoin and so on -- Faster and faster.
2  Bitcoin / Bitcoin Discussion / Re: What does bitcoin need to improve? on: June 11, 2018, 05:37:21 AM
Building a more perfect application ecosystem for bitcoin should be done.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!