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Author Topic: So...Is Bitcoin the ultimate coin that does not need more development?  (Read 872 times)
huige007
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January 28, 2020, 05:11:20 PM
 #81

To be honest, every technology needs a continued development and Bitcoin or blockchain in general is one of them otherwise this coin will disappear. Plus, it is fortunate that Bitcoin is a good progress despite many governments tried to destroy it through different ways but they did not succeed in achieving this goal until now due to Bitcoin is secure.
Also, I am pretty sure Bitcoin's era is going to stay in the market until all the countries will recognize it.
Its further development will bring more improvements in it. Why to reject improvements and more innovations, imagine if it is such valuable and powerful at this stage of development, how it would be after some years later. It will lead the whole markets and all other currencies. It would be more stable and more attracted for the people. Its functioning would bring new technologies which will lead more benefits. It will continue to develop with time.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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January 29, 2020, 03:41:53 PM
 #82

Innovation and development is necessary for survival in the market because the demand of user changes time to time,According to the demand of user changes must take place that users retain forever.
If new project of any coin come in market must came with change and also know the demand of the market because people switch to more developed technolog.I am in favour that Bitcoin changes should be updated time to time to retain and attract the new users.

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January 29, 2020, 04:07:46 PM
 #83

It seems impossible that there will be other coins better than bitcoin, because the history of Bitcoin itself is quite difficult since Satoshi was created. Maybe it's not developed but rather approaches to the world to be more easily accepted
It actually is quite possible, even bitcoin is open source that means anyone can freely use the code to create their own "custom" coin and possibly add or improve the features that bitcoin currently has and it's called altcoin. Speaking of development, even bitcoin itself is not perfect and what I mean by that is bitcoin has some weakness here and there more specifically the speed of transaction.

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January 29, 2020, 11:08:33 PM
 #84

halving will occur this year, and that is one proof that bitcoin is still being developed, and the high price can also be proof. however, technology will always be improved, especially on the internet.
in the case of altcoin which exceeds bitcoin, you can expect it, and in the future, there will be coins like that, but for now, not a single coin has approached or can replace bitcoin.

This is not true, the halvings have occurred exactly when they were expected to occur and this hasn't changed since the beginning. The high price also means nothing, since it just means that current bitcoin is fine as it is.

No, if you want "proof" go take a look at bitcoin's code and the few changes it has gotten over the years. The "bitcoin core" developers have been maintaining the code for node and wallet etc which is something you can see at the very top "News: Latest Bitcoin Core release: 0.19.0.1" etc.

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February 10, 2020, 12:10:24 AM
 #85

Bitcoin is a developing space of advancement and there are business openings that additionally incorporate dangers. There is no assurance that Bitcoin will keep on becoming despite the fact that it has created at an exceptionally quick rate up until now. Contributing time and assets on anything identified with Bitcoin requires enterprise.
Bitcoin doesn't require further development,  rather whatever that it lacked is open to improvement by other cryptocurrencies.
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February 10, 2020, 04:19:41 AM
 #86



As subject goes, is Bitcoin the maximum version?

Is it still possible to develop it?

or

Can we still expect better coin than Bitcoin?

In my own opinion, bitcoin is still possible to develop since we are in the modern age or technological age. Since, technology innovates the bitcoin and other cryptocurrency is not necessarily needs to keep up to the technology. But I think, the only thing that we need to expect the most is its price in the market or for its better trade to other cryptos.

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February 10, 2020, 05:34:54 AM
 #87

We see that bitcoin in its current state has many shortcomings, so it needs further improvement. In general, everything needs constant improvement. Everything that does not develop is doomed to gradual extinction. Bitcoin still has work to do, and such work needs to be done all the time. Yes, I don’t see any reason to refuse further improvement.

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February 10, 2020, 08:32:19 AM
 #88

If bitcoin doesnt need any development and no updates would happen, this coin would disappear in 1 year or less. In our world you should always be better than others and in crypto world there are a lot of contest. Thats why bitcoin should always do updates and develop new features.

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