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Question: btc
1 - 12 (70.6%)
1 - 5 (29.4%)
Total Voters: 17

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bitcoinjesus2.0 (OP)
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June 02, 2015, 07:21:02 AM
Last edit: March 09, 2018, 06:48:01 AM by bitcoinjesus2.0
 #1

 Smiley
DecentralizeEconomics
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June 02, 2015, 08:07:48 AM
 #2

Bitshares is centralized communist garbage that doesn't even work!

"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
Elwar
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June 02, 2015, 09:01:55 AM
 #3

Looks like the more centralized/scammish a coin gets, the faster the transactions.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
GhanaGamboy
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June 02, 2015, 09:08:07 AM
 #4

While I don't really like any of them to be honest, if I had to choose then I will be choosing Dash/Darkcoin that is where my vote goes but while keeping bitcoin because hell no do we need the instamine to deal with just for a faster smoother transacttion time. Saying that I really don't see a need as bitcoin/blockchain are fine.
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June 02, 2015, 09:15:47 AM
 #5

I don't see the block times as a negative, but if it were to change, i would vote for around the 2minutes per block time.

Too man orphan blocks are really annoying, but I guess having a 12 minute confirmation time would be nicer than an hour when moving coins to exchanges.  For general use it makes no odds though.
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June 02, 2015, 09:29:11 AM
 #6

You cannot judge a coin just based on it's transactions per second feature. I would rather use a crypto currency that are widely adopted and excepted by every merchant out there, than going with a coin, that has all the features, but NO support or demand.
It has taken MANY years to establish a merchant base for Bitcoin, and now you want people to switch coins and back a horse nobody knows? Good luck with that. 

..Stake.com..   ▄████████████████████████████████████▄
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MrZigler
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June 02, 2015, 11:45:29 AM
 #7

Looks like the more centralized/scammish a coin gets, the faster the transactions.

Who would have thought?

GO GAVIN!

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futureofbitcoin
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June 02, 2015, 11:57:39 AM
 #8

lol OP if you wanna pump your coin, you should be less obvious.


I don't know why anyone in the world would want any of the bitshare coins.
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June 02, 2015, 03:09:58 PM
 #9

Changing BTC form 7 TPS to 70 isn't much... 

The fork needs a REAL solution hence why I don't like it.

When your target is 1M... going from 7 to 70 isn't a solution.   Perhaps we do need a kick the can move until someone can come up with a real one though.
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June 02, 2015, 03:16:04 PM
 #10

Looks like the more centralized/scammish a coin gets, the faster the transactions.
Yeah, the true challenge is having coin with a huge network and decentralized, with fast confirmation times and big volume of transactions.
20MB is shit nothing tho, it's only buying us time. We need a true solution to avoid future forks.
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June 02, 2015, 03:21:45 PM
 #11

I would agree with your choice if Tx speed were the only factor. But most alt coins aren't worth the paper they aren't printed on. However if you guys want to "vote against the status quo", I'll be there to buy your discount coins!

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
spazzdla
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June 02, 2015, 03:22:14 PM
 #12

What can PPC do?
LiteCoinGuy
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June 02, 2015, 03:23:53 PM
 #13

Bitcoin & Litecoin - all you need. The two mainchains.

RodeoX
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June 02, 2015, 03:33:29 PM
 #14

Bitcoin & Litecoin - all you need. The two mainchains.
I should amend my earlier post to include LiteCoin. It has demonstrated it's staying power and ability to expand into markets. 


The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
RodeoX
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June 02, 2015, 04:01:28 PM
 #15

I would agree with your choice if Tx speed were the only factor. But most alt coins aren't worth the paper they aren't printed on.

Dude, but if you could cut and paste a few lines of code, then you could have the:

-The best of breed name brand and network effect of "bitcoin"
-The pitch black anonymity of Ring Signatures
-The super speed of DASH
-The FOREX rivaling transactions per second scalability of BitShares

A coin like that would grab the world by the ballz (convince the DOGE crowd to come back to the coolest coin) and cause the next great uptrend guaranteed (picture all the global crypto communities of the world coming together offering up their best snippets of code to make the most unstoppable bitcoin (unstoppable in all measurable categories))

But only if you choose to build the ultimate fork

You could have it all
https://www.youtube.com/watch?v=vQRmCy6LfjI#t=3m36s

The funny thing is that this is truly possible, but only if you can all agree to crown yourselves the new wealthy elite.

Or will you let the world down and make it hurt.
I'm not saying that bitcoin can't be improved. I just don't like trying to fix things that are not broken. The Tx limit is something that needs to be addressed. Many of the arguments I hear against this step (not yours) have nothing to do with that problem and are uninformed concerns that Gavin is centralizing bitcoin. Things like Tx speed are not a problem, IMO.
There have been millions and millions of dollars poured into bitcoin because it works. It is a serious project and the backers of those efforts are not going to be interested in a copy of bitcoin based on some kid's love of dogs.
I do think it is worth discussing and you have a good post, but I'm sticking with BTC for the moment.


The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf
Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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June 02, 2015, 04:15:59 PM
 #16

None of the above.

Monero (XMR) as the leading Cryptonote coin has no fixed blocksize limit and so no built in TPS limitation. It can scale easily with the growth in Bandwidth, CPU, Memory, Storage etc. It is currently 14 on the list.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
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June 02, 2015, 04:21:48 PM
 #17

None of the above.

Monero (XMR) as the leading Cryptonote coin has no fixed blocksize limit and so no built in TPS limitation. It can scale easily with the growth in Bandwidth, CPU, Memory, Storage etc. It is currently 14 on the list.

Really? How long has it been around and what kind of growth has it had? Does it have an economy building around it? Is there an exchange that trades XMR directly for BTC? I mainly use BTCe and couldn't find it there.

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June 02, 2015, 04:34:24 PM
 #18

It has been around for slightly over a year and trades on Poloniex. https://www.poloniex.com/ If one wants a POW coin that does not have the fixed blocksize issue then the Cryptonote https://cryptonote.org/whitepaper.pdf coins are the way to go and Monero is the strongest and most liquid. It goes without saying that it is imperative to do one's research first.

Edit: There is a strong community and the start of an economy around Monero. There is even now a service https://xmr.to/ that allows for one to spend XMR on many sites that accept XBT. It also trades on https://shapeshift.io/

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
RodeoX
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June 02, 2015, 04:40:08 PM
 #19

I just don't like trying to fix things that are not broken.

OK, so let's see... We have 1 vote for "leave bitcoin alone and allow it to hit the TPS limit naturally"
Quote
Almost, only the block limit needs changing, IMO.
The Tx limit is something that needs to be addressed.

OK, and we have 1 vote for "make a change"
Quote
Yes. up th block size.
Things like Tx speed are not a problem, IMO.

OK, so with that tie breaking vote (2 to 1), you choose to leave bitcoin be?
Quote
Still just 1 vote for larger blocks
I'm sticking with BTC for the moment.

and so are the rest of us...or so I thought...why? Where did everybody else go?

So which side do you prefer again?  

How can we come to consensus as a community if we can't even come to consensus within ourselves.
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Lol, yes. I think the terminology is getting confused. At least by me.

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Free bitcoin in ? - Stay tuned for this years Bitcoin hunt!
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June 02, 2015, 04:42:16 PM
 #20

It has been around for slightly over a year and trades on Poloniex. https://www.poloniex.com/ If one wants a POW coin that does not have the fixed blocksize issue then the Cryptonote https://cryptonote.org/whitepaper.pdf coins are the way to go and Monero is the strongest and most liquid. It goes without saying that it is imperative to do one's research first.

Thanks, I don't visit the altcoin section much so I don't really know anything about it. I'm looking for something stable to transfer a percentage of my coins into until the current drama shakes out. I really just want something that holds its value well relative to btc. I'll check it out.

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