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Author Topic: [2016-03-14] BitShares Is A Viable Bitcoin 3.0 Candidate  (Read 270 times)
jdebunt (OP)
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March 14, 2016, 01:54:46 PM
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Do you agree BitShares can be labeled as a Bitcoin 3.0 currency, or are they still far away from achieving that status?

The future of digital currency technology is looking very bright, and there are various projects working on different features to bring that future one step closer every day. Some of the things a lot of people are looking forward to, include digital identity, a reputation system, smart contracts, and issuing cryptographic tokens. Whereas project such as bitcoin and Ethereum – Bitcoin 2.0 – might possess some of these traits, BitShares seems to have a leg up on its competitors as the Bitcoin 3.0 currency.

http://themerkle.com/bitshares-is-a-viable-bitcoin-3-0-candidate/
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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March 15, 2016, 01:45:38 PM
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Another throw-away article from "TheMerkle".

Bitcoin 3.0? Says who? You guys? And Ethereum is Bitcoin 2.0 to you guys too? Hey, lets just add version numbers to every alt we come across, its a fun game!

Makes no sense, and there's no substantial evidence presented as to why this would be the case. Sure, the buzzwords are all there, "smart contract", "digital notary", etc... but it all adds up to post-Bitcoin crypto bullshit that we've heard from many other pitchmen about their products.

Want to know how to impress me? Surpass bitcoin in per-unit-price and in per-coin marketcap -- note I said PER coin marketcap, because with other alts that have BILLIONS of coins in their offerings versus Bitcoin's 21 million (which is why the hyperventilation about ETH's market-cap is idiotic), that isn't a fair metric to use.

Anyway, I'm sure it will go the way of Litecoin, which was "Bitcoin 2.0" before anyone even thought of it -- and it still languishes as a second-rate (or even futher down now) in the rankings.

fortitudinem multis - catenum regit omnia
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