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Author Topic: Crypto legend creates 'The Next Bitcoin'  (Read 261 times)
craigpo
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March 22, 2019, 05:12:43 PM
 #1

https://dailyhodl.com/2019/03/22/crypto-legend-creates-the-next-bitcoin-plus-ripple-and-xrp-tron-ethereum-litecoin-bitcoin-cash-vechain/

-750,000TPS
-anon transactions
-quantum resistant

Will Elixxir be the next bitcoin?
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March 22, 2019, 05:19:41 PM
 #2

Will Elixxir be the next bitcoin?
The answer is we cannot say first. We should first wait for its launch.

-750,000TPS

I think that this might be the edge of their team.

-anon transactions
Anonymous transactions cannot be of something new. It is common in bitcoin. So, this criteria is not really an exception to create a new version of bitcoin.

-quantum resistant
Can anybody explain the meaning of this?




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March 22, 2019, 05:24:13 PM
 #3

The next Bitcoin? I think I've heard that word for as long as I can remember. All new coins always say that they are the next Bitcoin but failed after they launch the project.

You can speculate that but in the end, it will just be another failed project and investor will lose a hefty amount of money.
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March 22, 2019, 05:25:29 PM
Merited by kryptqnick (1)
 #4


A Crypto with a CEO is not and will never be the next Bitcoin.

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March 22, 2019, 05:26:02 PM
 #5

-quantum resistant
Can anybody explain the meaning of this?
It means that the algorithm is prepared with quantum computing in mind.
Basically high capability ''CPU'' using brut-force won't be able to crack this coin's security.  At least that's the premise, in theory.

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March 22, 2019, 05:42:40 PM
 #6


It is not the first time I hear this words "the next bitcoin". I remember there were some coins claimed that they would be the next bitcoin but most of them were not even getting any success.
I do not think there will be any coins is going to be the next bitcoin ever. Bitcoin is the only one, the next bitcoin wont come in the future.




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March 22, 2019, 05:43:21 PM
 #7

-750,000TPS

It's sign either :
1. The coin is centralized
2. Empty promises, since they though 750K TPS won't happen

Definitely won't be the next Bitcoin, just like many hollow claim in past

-anon transactions
Anonymous transactions cannot be of something new. It is common in bitcoin. So, this criteria is not really an exception to create a new version of bitcoin.

Bitcoin isn't even anonymous and your transaction could be tracked easily. You still could be tracked even if you use mixer service.
There's even thesis which prove it, you can check https://bitcointalk.org/index.php?topic=5117328.0 if you're curious

-quantum resistant
Can anybody explain the meaning of this?

It means they will use cryptography which is secure against/cannot cracked with quantum computer.

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March 22, 2019, 06:10:15 PM
 #8

Will Elixxir be the next bitcoin?

Definitely Elixxir will not be the next bitcoin. They want a public that prefers anonymous currency something that all governments in the world will be fighting against in the next few years. bitcoin is good because it is pseudo-anonymous. But anonymous altcoins like monero, verge and others will be targets of the governments in the next months. Then we have things like decentralization, something Elixxir do not have.

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March 22, 2019, 06:11:59 PM
 #9

It could be the next monero, but not bitcoin

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March 22, 2019, 06:32:40 PM
 #10

I agree that a centralized institutional cryptocurrency does not have many chances to become anything, even though there are anonymous transactions there, so perhaps we should not worry about the authorities accessing our personal data with this coin. This coin does not have many chances of competing with widely accepted by the banks Ripple, and I don't think Bitcoin users will be interested in it as well. This guy developed some interesting and important ideas back in the last decades of the 20-th century but none of them became Bitcoin, and this one will not be an exception.

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March 22, 2019, 06:38:07 PM
 #11

The next Bitcoin? I think I've heard that word for as long as I can remember. All new coins always say that they are the next Bitcoin but failed after they launch the project.

Exactly, whenever I come across that phrase, I see it as the project looking to get more popularity by affiliating itself with bitcoin, and that attempt is enough to make me lose real interest. We are not looking for the next Bitcoin, but rather the next innovative technology which would improve transactions while retaining anonymity and keeping control in the hands of the holders.

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March 22, 2019, 06:44:31 PM
 #12

The next Bitcoin? I think I've heard that word for as long as I can remember. All new coins always say that they are the next Bitcoin but failed after they launch the project.

You can speculate that but in the end, it will just be another failed project and investor will lose a hefty amount of money.

I mean, this is so truth. All or almost all new coins say that and ends up being just a lie. It's a funny coincidence because i was with other people this morning and we got lied to a lot, pretty interesting coincidence.

Now failed or not we don't really know yet. It might take some place in the top 10 and maybe, just maybe it will stay there for a while, who knows?. The future will really tell, but i believe they do that only/mostly to profit, not really to do their part in changing the world.
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March 22, 2019, 09:34:58 PM
 #13

If anyone claims to have say on the 'next bitcoin' it might be someone who is one of the founders of the cypherpunk movement.

David Chaum has made some prominent moves both in the digital space and cryptography. I would be curious to see how Elixxir will play out once betatest is out
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March 23, 2019, 12:19:40 AM
 #14

750,000 tps is pretty insane. It sounds like it's almost two separate applications. Messaging functionality and payements. How would this platform deploy dapps?
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March 23, 2019, 12:33:19 AM
 #15

Well it's a good promise but I doubt about it, usually when people said want to overcome or replace bitcoin will end up with another coin that got no purpose, for me it's just another coin that want to take people's attention by mention the coin ia better than than bitcoin and in the end the coin will be used for making the developers become rich
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March 23, 2019, 12:36:26 AM
 #16

i only see litecoin, monero or ethereum as potential main currencys those were always the coins that were really used. i especially like monero as anoncoin.

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March 23, 2019, 01:09:54 AM
 #17

i only see litecoin, monero or ethereum as potential main currencys those were always the coins that were really used. i especially like monero as anoncoin.

I really doubt the future of Ethereum. With the marketing power from EOS or TRX, or maybe even Binance Chain, they can lose easily if they don't do anything. I doubt decentralisation narrative is that much important for developers who only look for profits. Die hard decentralisation is probably a minority in dapps business.
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March 23, 2019, 01:12:04 AM
 #18

I don't even know who's Chaum is. How many coins were created and said to be the 'next bitcoin'? there were tons of it and for sure it's going to be the same fate like those before.



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March 23, 2019, 01:16:20 AM
 #19

This thread is both hype and shills until we see it launch and test, I have seen and read so many projects claiming to be the next Bitcoin, but they ended up a lot of criticism, but on second thought if this is going to be the next Bitcoin I just hope they will not launch a crowdfunding because Bitcoin never did one, but an airdrop is acceptable.
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March 23, 2019, 03:43:01 AM
 #20

-750,000TPS
-anon transactions
-quantum resistant
None of these are the main determiner of a cryptocurrency like Bitcoin.
Bitcoin is a proof-of-work, competition-based system, to make the network super secure.

Will Elixxir be the next bitcoin?
Nope.

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