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Author Topic: The Super Computing Network of Bitcoin and how to utilize it - Internet 2.0  (Read 1046 times)
cryptopaths (OP)
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July 24, 2014, 07:17:37 AM
 #1

If the computing Network of Bitcoin was directed at something tangible and naturally occurring it could in turn increase the price and value of Bitcoin. Bitcoin is the biggest computing Network in the world if we put that to use similar to what Namecoin is doing we could revolutionize this space again and in turn sky rocket the price of Bitcoin. Think about it domain names are distributed very centrally for what is supposed to be a decentralized internet, if Bitcoin used it's computing power to do something like decentralizing the internet theres no question that value would sky rocket because now we actually have some inherent value. Bitcoin was innovative 5 years ago when it was created it revolutionized money it was money 2.0 Now 5 years later Bitcoin can revolutionze the internet and become the internet 2.0.

I am already working on something like this and I really feel this is what Bitcoin needs to see that explosive growth and excel again this is what will take us to the masses. If there are any other developers interested in this and wanting to see this happen please feel free to join in seeing as this is a group effort. Satoshi had a vision once and look how far that has gotten all of us, now it's our turn to do something and further the protocol. How do you all feel about this?

This can be achieved while still securing the Bitcoin Network.

*I am not talking about just a domain name decentralization I am talking about an internet 2.0 Protocol.
franky1
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July 24, 2014, 12:34:50 PM
 #2

before we start making bitcoin into some domain database or some magical messaging system that replaces email or some other idea's. shouldnt we just get the whole concept of money sorted first..

its pretty easy to do the domain stuff by injecting extra data into the blockchain, no protocol changes need to happen. but lets concentrate on where the protocol does need changing. EG stopping the greedy mining pools from ignoring transactions, stop mining pools from getting over 40%, change limits to allow more then 7tx per second

after all if these idea's of bloating up the blockchain with millions of websites addresses is ok to you. lets atleast bloat up the blockchain with the stuff that bitcoin was invented for first. transactions.


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BitCoinDream
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July 24, 2014, 02:46:19 PM
 #3

If the computing Network of Bitcoin was directed at something tangible and naturally occurring it could in turn increase the price and value of Bitcoin. Bitcoin is the biggest computing Network in the world if we put that to use similar to what Namecoin is doing we could revolutionize this space again and in turn sky rocket the price of Bitcoin. Think about it domain names are distributed very centrally for what is supposed to be a decentralized internet, if Bitcoin used it's computing power to do something like decentralizing the internet theres no question that value would sky rocket because now we actually have some inherent value. Bitcoin was innovative 5 years ago when it was created it revolutionized money it was money 2.0 Now 5 years later Bitcoin can revolutionze the internet and become the internet 2.0.

I am already working on something like this and I really feel this is what Bitcoin needs to see that explosive growth and excel again this is what will take us to the masses. If there are any other developers interested in this and wanting to see this happen please feel free to join in seeing as this is a group effort. Satoshi had a vision once and look how far that has gotten all of us, now it's our turn to do something and further the protocol. How do you all feel about this?

This can be achieved while still securing the Bitcoin Network.

*I am not talking about just a domain name decentralization I am talking about an internet 2.0 Protocol.

This is an existing concept to build things on top of Blockchain. Until yesterday, I had the idea that Ethereum is working on this. But, now I know, they have given us a great concept, but got sold out themselves.


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July 24, 2014, 08:13:48 PM
 #4

If the computing Network of Bitcoin was directed at something tangible and naturally occurring it could in turn increase the price and value of Bitcoin. Bitcoin is the biggest computing Network in the world if we put that to use similar to what Namecoin is doing we could revolutionize this space again and in turn sky rocket the price of Bitcoin. Think about it domain names are distributed very centrally for what is supposed to be a decentralized internet, if Bitcoin used it's computing power to do something like decentralizing the internet theres no question that value would sky rocket because now we actually have some inherent value. Bitcoin was innovative 5 years ago when it was created it revolutionized money it was money 2.0 Now 5 years later Bitcoin can revolutionze the internet and become the internet 2.0.

I am already working on something like this and I really feel this is what Bitcoin needs to see that explosive growth and excel again this is what will take us to the masses. If there are any other developers interested in this and wanting to see this happen please feel free to join in seeing as this is a group effort. Satoshi had a vision once and look how far that has gotten all of us, now it's our turn to do something and further the protocol. How do you all feel about this?

This can be achieved while still securing the Bitcoin Network.

*I am not talking about just a domain name decentralization I am talking about an internet 2.0 Protocol.

This is an existing concept to build things on top of Blockchain. Until yesterday, I had the idea that Ethereum is working on this. But, now I know, they have given us a great concept, but got sold out themselves.



What does that mean, how did Ethereum get sold out?

Ron~Popeil
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July 25, 2014, 01:19:59 AM
 #5

There will be a lot of applications for this new technology. A decentralized internet is a very tantalizing one.

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