[2016-08-09] Bitcoin Core Ramps up Efforts to Compete with ETH

[CrimBit]

The event is organized by Chaincode Labs, “a New York City-based research and development group that explores cryptocurrencies and other peer-to-peer decentralized systems” according to their website.

The lab is further hiring 4-6 developers to work on bitcoin’s protocol and development to address the lack of new entrants to the bitcoin development space since 2013. Speaking to Bitcoin Magazine, Corallo stated:

    There are a ton of Bitcoin developers who have never contributed to Bitcoin Core, or to low protocol development — lots of them because they feel ill-equipped to do so — for instance because the idea of going through a rigorous review like we have to do sounds really daunting. So we’re looking for those people to really learn how that works, and come to think about the issues.

https://www.cryptocoinsnews.com/bitcoin-core-ramps-up-efforts-to-compete-with-eth/

[Dahhi]

That's a good initiative. If bitcoin core is continually improved, it will remove the possibility of someone showing up from nowhere with a new bitcoin altcoin - bitcoin classic.

[eddie13]

Maybe some competition is good for advancement after all.. Who'd a thunk it?

Take that liberals/wanna be socialists..

[Carlton Banks]

Er, no-one accepts ETH as money. Or as a "smart" token. So how come it's Bitcoin that's "ramping up to compete"?

One has cause to wonder where the money came from to inflate the Ethereum price to begin with. Bitcoin achieved it's market price through use: the utility demand drove the price up. There is no utility demand for ETH, only speculation.

[Monumental]

That's a good initiative. If bitcoin core is continually improved, it will remove the possibility of someone showing up from nowhere with a new bitcoin altcoin - bitcoin classic.

I think so. But it seems the Ethereum Foundation has more money at their disposal at the moment to develop ETH further.