Bitcoin Forum
June 24, 2024, 09:32:23 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Bitcoin / Bitcoin Discussion / Re: What is the biggest problem in crypto currencies? on: August 05, 2014, 06:13:30 AM
As others have alluded to, end user security is the biggest problem IMO.  It would be nice if the bitcoin wizards could just program away the hackers and scammers and protect end users from themselves but that is easier said than done.  I do feel confident that eventually a hardware and/or software "killer app" solution will be designed to do this without the requirement of third party trust.

Hi, thanks for your opinion. What do you think that these "killer aps" should look like? What do you think is wrong with existing SW or HW solutions? Is there somethink what can be improved and if so, what is it? I think that SW wallets are not easy to use, it is still too "hacker app" for normal BFU users.
2  Bitcoin / Bitcoin Discussion / Re: What is the biggest problem in crypto currencies? on: August 04, 2014, 06:57:28 PM
I would like transaction times of below one second. That would be very powerful. And I would like to have the coins stored safely on the block chain without me having to do cold storage myself or having to trust a third party storing the coins for me. And I would like to have zero transaction fees for all transactions. The price/performance of information technology is improving exponentially and having to pay for transactions feels like the old fiat systems.

Hi Anders, thanks. What do you think will be revenue for such businesses (payment gates) that won't charge any fees for transactions? Is it profitable and if not, are such businesses able to survive if everything will be free? What do you think?
3  Bitcoin / Bitcoin Discussion / Re: What is the biggest problem in crypto currencies? on: August 04, 2014, 05:52:44 PM
Security! It's still too easy to actually scam people out of their money. There has to be simple way for people to protect their Bitcoin without having a degree in cryptography. People are gullible and easily manipulated, too.

Hi FUR11, yes, I think that security is real issue that need to be solved. People are easily manipulated and when they send their money, there is no chance to get it back, people should use btcrow.com or some another escrow service.

Some another opinions what should be done in bitcoin ecosystem?
4  Bitcoin / Bitcoin Discussion / Re: What is the biggest problem in crypto currencies? on: August 04, 2014, 05:27:24 PM
1. lack of support from payment processors to go out and do sales pitches to businesses:-
 i have personally told bips, bitpay and coinbase of 5 merchants that wanted more info. and as of yet (upto 1 year in one case) the merchants have not had a single response from the gateways

2. software is still in beta phase and not ready for average joe (7billion population) daily spenders:-
a truly trusted service that actually adheres to consumer protection guidelines (liability insurance to protect customers holdings) to then be used as a offchain service for pre-confirmed funds, making it an instant use wallet to send funds as small as 1sat to merchants.

3. hardware/cold wallets are still in beta. yes trezor(hardware) and HD-01(coldstore) are still not 100% secure or easy to use for long term large storage.

4. bitcoin protocol is not ready to handle heavy volume, it is also not adhering to consumer requirements, but it is more twisted in favour to miners greed.
lets see 'death and taxes' appear with rebuttals to defend the miners honour, like always

in short, we are still in the innovator/early adoption stage.. we have a long way to go yet before being in the mass adoption: public stage

Thanks Franky1. Some another opinions?
5  Bitcoin / Bitcoin Discussion / What is the biggest problem in crypto currencies? on: August 03, 2014, 09:17:00 PM
What do you think is the biggest problem when you use crypto currencies for paying? It doesn't matter if you are developer, client that looks for services, newbie or pro. Is there something what needs to be solved and what slows down crypto currencies expansion? Thanks for you opinions.
6  Bitcoin / Project Development / Re: Project feedback needed - developers and clients match making website on: August 03, 2014, 09:05:43 PM
if it was a professional site with proper profile bio's such as a linked in listing. with a jobs listing section with good display of information, and not a simple 'craislist' jobs site. id use it.

Hi, thanks for your opinion, and yes it should works as you mentioned. But doesn't such idea - professional listing, evidence, go against crypto-currency philosophy - anonymity and privacy?
7  Bitcoin / Project Development / Project feedback needed - developers and clients match making website on: August 03, 2014, 08:42:48 PM
I'm new to bitcoin and I would like to create project to help crypto currency developers to meet with their clients and vice versa. My project should acts as guru.com or elance.com but only for crypto developers and clients looking for such services. Developers can promote their projects as well and look for clients or team mates. Developers will have own profile with information and services they provide. Clients can provide reviews to developers with whom they worked. Developers will obtain reviews and create his/her global reputation score - maybe it can be used within all BTC ecosystem as a certification of his/her trustworthy.

Does it make sense to you? Would you use such website for promoting your services or for working with your crypto currency projects?
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!