Bitcoin seems outdated

[a.denis1]

Because who win in IT is not the "best" , it is not the most powerful it is not the most full of features ...
Who win is the SIMPLEST the minimum required to work that was bitcoin .

Do you want to build a new coin ? Build a simple coin with only one function send-coin indestructible if possible in 1000 lines of programming code everything else don't care.

 

[filharvey]

Just because bitcoin already has its unique features and does not need any upgrade.Bitcoin is a decentralized currency and it does not has any authorizing body to control it.It was the design created by satoshi.It is not just like an altcoin having a small marketcap which is mostly controlled by devs and they could easily change anything as they wish and there is no need for reaching concensus.Just change rule even daily.But bitcoin is not like that.For any change in rule,concensus has to be achieved.

[littlewizard]

The reason bitcoin has its current position is because it is the first, and all the other coins are its followers.
We can say it is slow now, but it is the most safe and also the most adopted cryptocurrency.
Don't worry about the slowness, people are still working on it and in the future it will be lightening fast.

[katiecbell]

Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?

well that really depends, bitcoin is not slow if you put sufficient amount fees for the transaction and infact it can go verry fast and instant , if you put a verry high fee or above the recomended transaction fee. upgrades occur when theres a fork or segwit available and i dont think that it is outdated because we oftenly see them every month and sometimes twice a month.

The real problem is that many people make transactions in Bitcoin due to which it becomes difficult for miners to tackle with all of them at one time. Obviously this is impossible to transfer every Bitcoin at the same time. When there is a traffic increase, those transactions that pay extra fee are served first.

This also makes sense. If Bitcoin was outdated, it wouldn't have been making the present progress. By the way, I heard that transactions have been improved over the last few months.

[jabfly]

First of all, this is already an anticipated reaction because bitcoin is the first cryptocurrency. But, it is never outdated, it just keeps getting stronger and always in demand within its community.

[Bardman]

The reason bitcoin has its current position is because it is the first, and all the other coins are its followers.
We can say it is slow now, but it is the most safe and also the most adopted cryptocurrency.
Don't worry about the slowness, people are still working on it and in the future it will be lightening fast.

It will be the least adopted soon enough. No one wants to make transactions with bitcoins right now, fees are way too high, price way too volatile and technology outdated compared to other coins. It's only where it is because 99% of ''investors'' in bitcoin are only looking to get rich fast.

[frowsiter]

Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?

 BEFORE YOU POST SOMETHING READ THE WHOLE DISCUSSION AND DON'T POST USELESS POSTS !

Oh come one man that was just temporary period when the transaction were very slow. This kind of slowness will come multiple times in the future because whenever shit coins like BCH will interfere with the blockchain invested, which is not good approach anyway.

development is dead

No it isn't dead yet, there are so many developments already gong on thats why big entities like futures are now ready to accept the bitcoin in first place. Once such companies starts coming into the market of crypto then bigger developments will take place surely.

faster blockchain or something like that ?

There is no such thing which is faster than the blockchain. Even the swift technology which is similar to blockchain and used in the traditional banking system are having the problems of faster transaction. The load on the blockchain is enormous and still it is faster. More developments soon as I said in second point.

 

BEFORE YOU POST SOMETHING READ THE WHOLE DISCUSSION AND DON'T POST USELESS POSTS !

LOLZ!

[qiwoman2]

Bitcoin is the DAD of all blockchains and thanks to BTC, blockchain technology has mushroomed and been unleashed now. Yes there will be other blockchain platforms easier to scale, cheaper to make transactions etc but now Bitcoin is primarily a store of value for the Wealthy and big whales and a dream for smaller holders like myself to aspire to.

[Bardman]

Bitcoin is slow , has high fees ... ? where are new upgrades ? When you look waves , eth , ltc , bitshares so bitcoin seems outdated against all these alts. When you look at all this upgrades and look at bitcoin so it seems like development is dead ... can someone explain me why btc can't have some new upgrades for faster blockchain or something like that ?

 BEFORE YOU POST SOMETHING READ THE WHOLE DISCUSSION AND DON'T POST USELESS POSTS !

Oh come one man that was just temporary period when the transaction were very slow. This kind of slowness will come multiple times in the future because whenever shit coins like BCH will interfere with the blockchain invested, which is not good approach anyway.

development is dead

No it isn't dead yet, there are so many developments already gong on thats why big entities like futures are now ready to accept the bitcoin in first place. Once such companies starts coming into the market of crypto then bigger developments will take place surely.

faster blockchain or something like that ?

There is no such thing which is faster than the blockchain. Even the swift technology which is similar to blockchain and used in the traditional banking system are having the problems of faster transaction. The load on the blockchain is enormous and still it is faster. More developments soon as I said in second point.

 

BEFORE YOU POST SOMETHING READ THE WHOLE DISCUSSION AND DON'T POST USELESS POSTS !

LOLZ!

Come on, bitcoin is much much slower than many coins and with far higher fees. Bitcoin is just not well suited as a means of payment which is what it is intended for. Bitcoin replacing gold could work but not as a currency. Obviously many other coins have different purposes, not all of them are competing against each other but I personally think if a real team of professionals wanted to make a crypto better than bitcoin, they could right now.