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Author Topic: This may be the future Bitcoin  (Read 577 times)
cryptoclock-ro (OP)
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January 29, 2018, 08:01:53 AM
 #21

I don't think that Bitcoin will still be the number one crypto after a few years.
semobo
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January 29, 2018, 08:06:45 AM
 #22

Greetings to everyone!
There is a pretty new anonymous cryptocoin which has a huge potential and is currently at a low price.
It has 21 bilion max supply, which is 1000 times more than Bitcoin and the block generation is much smaller in time.
The transactions are sent in seconds and validated in just a few minutes.
It brings stealth by the zkSNARKS algorithm, being a proof of work (POW) coin, currently based on EQUIHASH. So it is ASIC resistant.
Is called BitcoinZ and is inspired from ZClassic. Here is a video about it and an interactive explanation of the zkSNARKS algorithm:
If you have some free time, please check it out.

https://youtu.be/3hVG888tOpY

I would like to hear your opinions on it. I think that it may have a great feature, because the community is dynamic and they want to improve the technology.
I also heard that they want to add smart contracts.
Have a nice day!
For your information, already there are lots of cryotocurrencies are available which may have better properties than bitcoin in terms of fee, transaction time and anonymity but still bitcoin is expensive because it has lot of coummunity support.
Maybe that coin you mentioned will have a great future but still bitcoin is the best.
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January 29, 2018, 08:17:37 AM
 #23

Many of the Bitcoin 2.0 theories must still be developed further, and that includes the theories propping up the idea.  And whether or not they matter in any significant way won’t be seen until they are developed and have use-cases. Moreover, many of the “amateur” products in the space could see any potential resources drained as financial institutions enter into the space and begin developing their own blockchain technologies thus circumventing the need for the traditional Bitcoin grassroots.
 Smiley Smiley
Pivo
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January 29, 2018, 08:30:13 AM
 #24

Why did you call it B2.0? SegWit? LN? Or only another hard fork?
cryptoclock-ro (OP)
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January 30, 2018, 09:44:55 AM
 #25

It may replace Bitcoin in one day, but is just a theory.
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January 30, 2018, 10:23:40 AM
 #26

Bitcoin 2.0 was successfully launched on August 1, 2017. While it is called Bitcoin Cash within the community, it should be noted that it is a major upgrade. This upgrade was needed to fix the excessive fees and the transaction backlogs that were accumulating with heavy adoption. Bitcoin 2.0 had a minor bug in the difficulty adjustment algorithms, but this bug has been successfully fixed. Bitcoin 2.0 is currently running smoothly and ready for world adoption.
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January 30, 2018, 10:31:42 AM
 #27

as far as I understand it again some kind of fork bitcoin, which is advertised very seriously, but so far I have not seen anything but negative comments and I think that the forks life cycle is too short.
cryptoclock-ro (OP)
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January 30, 2018, 10:49:10 AM
 #28

BitcoinZ is not a fork. It was inspired from ZClassic, which at its turn was inspired from ZCash.
Please check the video for clarifications.

Thanks, have a nice day!
cryptoclock-ro (OP)
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January 30, 2018, 05:15:05 PM
 #29

I think that BitcoinZ may follow the success story of ZClassic, which is an open source coin that proved to be of great success.
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January 31, 2018, 07:53:16 AM
 #30

Bitcoin may be seriously improved with the Lighting network update. From what I know it will increase the speed of transactions and their cost.
cryptoclock-ro (OP)
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January 31, 2018, 05:01:29 PM
 #31

What do you think that makes a cryptocoin to have success?
seoincorporation
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January 31, 2018, 05:20:44 PM
 #32

Greetings to everyone!
There is a pretty new anonymous cryptocoin which has a huge potential and is currently at a low price.
It has 21 bilion max supply, which is 1000 times more than Bitcoin and the block generation is much smaller in time.
The transactions are sent in seconds and validated in just a few minutes.
It brings stealth by the zkSNARKS algorithm, being a proof of work (POW) coin, currently based on EQUIHASH. So it is ASIC resistant.
Is called BitcoinZ and is inspired from ZClassic. Here is a video about it and an interactive explanation of the zkSNARKS algorithm:
If you have some free time, please check it out.

https://youtu.be/3hVG888tOpY

I would like to hear your opinions on it. I think that it may have a great feature, because the community is dynamic and they want to improve the technology.
I also heard that they want to add smart contracts.
Have a nice day!

But that's not new at all... about the 21 Billion max supply, we have dogecoin with a big supply too, about the fast confirmations we have clams who have blocks each minute.

So the coin you are promoting is just another new alt on the market... I wish you success but i would like to see coins with new features, not more new coins with the same old features...

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13abyknight
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January 31, 2018, 05:34:35 PM
 #33

Why would you create a coin and call it Bitcoin 2.0 or BitcoinZ basically deriving the main word? Makes no sense since this is going nowhere just like most of the recent hard forks which hold no value at all. What is the whole point of increasing the maximum supply and having faster block generation when nobody is going to use it anway?
Addition of smart contracts system seems to be the only unique feature offered by the project but then again, this can only be implemented if the currency is being used widely which isn't the case.
Fu.Sin
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January 31, 2018, 05:40:59 PM
 #34

Another fork of bitcoin? I'm not against forks. That's only on what exchanges this fork will be distributed? For free and vinegar is sweet.

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niteroy
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January 31, 2018, 05:45:27 PM
 #35

Does the coin have development prospects? Will it be integrated into crypto-currency wallets or exchanges? Will integration with business? Now it has a low price, only $ 0.007, although on January 9, 2018 it reached 2.5 ¢. And the price is now falling
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January 31, 2018, 05:52:14 PM
 #36

Another fork of bitcoin? I'm not against forks. That's only on what exchanges this fork will be distributed? For free and vinegar is sweet.

In some weeks only we did not see any hard fork and new coins splitting up from the bitcoin but recent days no shit moves like that. I personally do not look at the hard fork because it goes like dumpyard in the marketplace.
Most of hard fork coins first added on bitrex and yobit but for the cheap coins we should not show that much demand like we give to bitcoin.
cryptoclock-ro (OP)
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February 01, 2018, 08:22:00 AM
 #37

I agree to some extents, but the small price makes the transaction fees to be very low and also makes it feasible to be used at universal extent.
I mean, how many people use Bitcoin to buy stuff on the market? More than 90% of Bitcoin holders see it like a store of value.
cryptoclock-ro (OP)
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February 01, 2018, 07:49:45 PM
 #38

As long as less than 10% of Bitcoin users use it for buying and selling stuff and the price is currently given by speculation, I see in some altcoins a great opportunity for the future.
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February 02, 2018, 09:07:34 AM
 #39

I think that most of todays crypto is seen as an investment not as a coin to buy and sell stuff.
What do you think?
An0nyMoose
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February 02, 2018, 09:09:01 AM
 #40

Litecoin will not replace Bitcoin but it is second coin.

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