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Topic: Bitcoin v2.0 (Read 467 times)
alikim
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Bitcoin v2.0
July 19, 2017, 07:29:29 PM
#1
Is it possible to create an updated version of Bitcoin free from so many technical problems/bottlenecks that appeared or were revealed after many years of using it (and using it very intensively in the last few years)?
It seems that the original idea put forward Satoshi Nakamoto has been stretched to it's limits, problems pile up and some of them don't have long term solutions.
Did anyone come up with a Bitcoin revamp that is free of those?
I'm not talking about a significantly different cryptos like Etherium, rather about modifying/adapting the original idea.
Or does Bitcoin have some inherent flaws that will eventually inhibit its growth?
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There are several different types of Bitcoin clients. The most secure are
full nodes
like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if
every
miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Xch4ng3
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Re: Bitcoin v2.0
July 19, 2017, 07:33:11 PM
#2
Quote
Or does Bitcoin have some inherent flaws that will eventually inhibit its growth?
Bitcoins current form imho isn't enough for it to go mainstream. It will eventually have to scale if it wants to be used with the frequency of plastic.
[AUTOBUY] [CHEAP] $2 Account Shop ->
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milani
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Re: Bitcoin v2.0
July 19, 2017, 07:49:48 PM
#3
I have heared about the idea of refusing from Bitcoin and making a new cryptocurrency that will be with a zero commission and without so long and much spending of time while making different transactions))) But is it true or false don't know exactly.
Last of the V8s
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Re: Bitcoin v2.0
July 19, 2017, 08:47:44 PM
#4
http://trilema.com/2016/the-necessary-prerequisite-for-any-change-to-the-bitcoin-protocol/
https://i.imgur.com/UIm67kh.jpg
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