Let me get this straight. The premise of this coin is that in the event of a Core/Classic split in Bitcoin, either Core or Classic devs would move over to C-Bit development because this coin is a clone of Bitcoin?
This is just a minor side benefit of C-bit, not a
major point. If Bitcoin Classic were to do a
hostile takeover of Bitcoin Core, and Bitcoin
Core were to die as a fork, and some of the
developers and members of the community
were not too particularly happy about the
Classic takeover, they could move over to
C-bit and continue to work on Core without
any problem. C-bit IS Bitcoin Core, without
any of the problems, issues, or baggage
currently surrounding Bitcoin Core.
However, again, it is just a side note, not a
major issue of C-bit. The major point of C-bit
is to come up along side of Bitcoin Core and
be a smaller denomination coin. If Bitcoin is
the $ 100 bill, then C-bit can be the $ 10 bill.
C-bit is already building the Merchant Suite
for C-bit to be able to trade as a retail coin,
in addition to an exchange or currency coin.
Further down the road, C-bit is working on the
idea of joining itself to Bitcoin in a symbiosis
relationship like a DNA strand. We think it is
possible to create a much faster network with
a combined Bitcoin / C-bit structure.
So, C-bit is an interesting idea, and we'll see
where it goes.
William Martens
Founder C-bit