duke89 (OP)
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January 23, 2020, 02:15:25 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
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jseverson
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January 23, 2020, 02:21:38 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
You may want to spend a little more time reading about Bitcoin. It's still in active development, and will continue to be for the foreseeable future. There are still a few glaring issues that are yet to be addressed. Can we still expect better coin than Bitcoin?
Of course. The possibility will always be there, it's the probability that is in question.
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Getmon
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January 23, 2020, 02:29:07 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Of course not. Is there anything in this world that does not need development so that it could just remain stagnant forever? Bitcoin is ever changing. Its basic philosophies remain intact of course but it has gone from the old Bitcoin into a new one, the Bitcoin that we have now. And this Bitcoin that we have now will of course change and developed further. We have already forked several times, we have native and nested segwits. We have also Lightning Network. And we will also have future developments as well.
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CryptoBry
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January 23, 2020, 02:41:05 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
You may want to spend a little more time reading about Bitcoin. It's still in active development, and will continue to be for the foreseeable future. There are still a few glaring issues that are yet to be addressed. Can we still expect better coin than Bitcoin?
Of course. The possibility will always be there, it's the probability that is in question. Growth must be continuing otherwise Bitcoin can be considered as a dead coin. Right now, there are some big issues that Bitcoin developers should be facing to help this cryptocurrency stay on the game for a long, long time servicing as many people or users as possible. Reading along this forum, we can be aware of the many challenges that need to be addressed as soon as possible. Innovations, changes for the better are all part of Bitcoin and we should be expecting them. As a man-made invention, Bitcoin is never perfect and will never be that is why development must be ongoing and will never stop anytime.
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joinfree
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January 23, 2020, 02:41:12 AM |
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Actually it's the ultimate that needs more developments to make it faster and much more scalable. There would have been no need for several altcoins if bitcoin was faster than most of these altcoins at that time. On more serious note, if developers are come up with developmental features that would increase the privacy of making transactions in bitcoin. i believe this would go a long way to affect the global adoption rate.
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Artemis3
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January 23, 2020, 02:47:22 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Its done for the most part, but its still being maintained and receiving little changes from time to time. Did you not see the top message? " News: Latest Bitcoin Core release: 0.19.0.1 [ Torrent]" Of course any major changes would need consensus from miners and nodes, if a change is too controversial people would simply refuse to update. It took a lot of effort to get Segwit in, with some people still arguing about it to this day. But yes its possible, just not easy. You better be prepared to defend your idea VERY WELL.
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Little Mouse
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January 23, 2020, 03:49:50 AM |
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Who said bitcoin is on its maximum development? It's still being developing all time and there are a lot of space to grow for developing. Can we still expect better coin than Bitcoin?
If we think about different features of bitcoin with some other existing coin, they are better. You can get a better coin but you can not get the most decentralized coin.
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Getmon
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January 23, 2020, 03:57:30 AM |
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Who said bitcoin is on its maximum development? It's still being developing all time and there are a lot of space to grow for developing. Can we still expect better coin than Bitcoin?
If we think about different features of bitcoin with some other existing coin, they are better. You can get a better coin but you can not get the most decentralized coin.
Yes, I forgot to mention decentralization. When it comes to decentralization, Bitcoin is the best among the rest. Unlike other altcoins which have owners and CEOs and presidents and development teams who are personally identified, Bitcoin does not have any. Bitcoin has only Satoshi Nakamoto. And Satoshi is not a person. It is just a name. What's in a name? Nothing physical. It is an idea.
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pooya87
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January 23, 2020, 04:12:46 AM |
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Is it still possible to develop it? or Can we still expect better coin than Bitcoin?
first of all these two questions aren't opposite that you used "or" for them. it can happen at the same time. bitcoin can remain the good decentralized currency and continue being developed while another good decentralized currency could come along. as for development, bitcoin is constantly being improved. look at hundreds of BIPs ie. improvement proposals. bitcoin has already activated many of them and is still getting new ones and improving further. and that is just some of the improvements, a lot of them such as second layers such as LN and sidechains,... aren't there.
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AniviaBtc
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January 23, 2020, 05:00:29 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
You may want to spend a little more time reading about Bitcoin. It's still in active development, and will continue to be for the foreseeable future. There are still a few glaring issues that are yet to be addressed. Can we still expect better coin than Bitcoin?
Of course. The possibility will always be there, it's the probability that is in question. Although many people uses bitcoin, it still need a huge development for the users to lessen their problem using it. Its price is very volatile in the market and we can't do something about it because of the way it is being manipulated. There's always a possibility that day by day, bitcoin will improve and makes better services to users as its price becomes high again. You need to read more about bitcoin so that you're updated on what's going on with it.
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Debonaire217
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January 23, 2020, 05:02:33 AM |
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We all know that systems do need allot of development for it to achieve its ultimate form. Most of the time, those that have already achieve a milestone still needs improvement and maintenance. But looking at cryptocurrency especially bitcoin, if we tend to upgrade bitcoin, forking is happening, so basically, we couldn't really upgrade bitcoin as it is, or we should accept the fact that the implementation of the upgrades falls to the acceptance of the forks created from bitcoin. In this case, bitcoin now should be lower in value because of us putting our funds to forks, but it seems to be that bitcoin is still having the most market cap and I have come into conclusion that bitcoin doesn't really need upgrade. It is already in the best of its form and we should be the one to adjust in order to adopt bitcoin.
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X-ray
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January 23, 2020, 05:10:44 AM |
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NO When the network of bitcoin got overcrowded and the fee becomes ridiculously high due scalability issues, lightning network got implemented to counter this problem and the development will always grow like this. There are so many problem that bitcoin need to be adressed and I'm sure that as the time goes, bitcoin will become better and better. Bitcoin is not perfect by any means but it's good enough and also keep developing to become a better currency.
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samcrypto
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January 23, 2020, 05:28:42 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
A coin without progress is nothing so I believe bitcoin should continue to grow and develop new things because if not, then altcoins will replace bitcoin on top. Halving is a great update on bitcoin and we are still looking for its update so people will still believe on bitcoin. I can't think for any update aside from lowering the transactions fees and making it more a lot faster just like the altcoins. Bitcoin is great, and making new updates will make bitcoin stronger than any cryptocurrency and can stand all the challenges in the future.
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hatshepsut93
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January 23, 2020, 07:09:44 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
Just look at Bitcoin's github - https://github.com/bitcoin/bitcoinAs you can see, there's a ton of activity, commits happen frequently, there are open PR's and issues, there are hundreds of contributors, and there are absolutely no signs of Bitcoin's development slowing down. Can we still expect better coin than Bitcoin?
As of now, no coin is even close to being better than Bitcoin, they have features that come at a price of reduced security and decentralization, a price that Bitcoin developers don't want to pay.
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tz
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January 23, 2020, 10:10:08 AM |
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In its current state, it suffices for everyone. Currently, it provides a pretty unique and popular solution to regular banking, and the basic idea of bitcoin has become fairly unchanged, with updates not actually affecting the philosophy of Bitcoin, but instead, the efficiency of it (transaction confirmation times, etc).
I do not think bitcoin's main idea, and the philosophy around it needs development, ever. But there are definitely areas that can be improved upon, although most of it is related to time/speed.
The structure of the house and main features (walls, rooms) are all done. All that is left are for the small details, like furniture, before bitcoin is a full house.
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BrewMaster
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January 23, 2020, 11:33:55 AM |
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you can keep expecting a better coin but it won't happen any time soon. you see there has not been any major innovation in cryptocurrency world after bitcoin was created and the greed of making money from newbies has blinded majority of developers that they stopped trying and decided to create shitcoins (aka the easy way) and make money instead of innovating.
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There is a FOMO brewing...
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CodyAlfaridzi
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January 23, 2020, 11:44:42 AM |
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As subject goes, is Bitcoin the maximum version?
Is it still possible to develop it?
or
Can we still expect better coin than Bitcoin?
Bitcoin is always in development. It's an open-source project and everyone can contribute to developing it. Yes there's certainly much room for improvement. As you can see, the development over the years has been great. The community were able to solve the network congestion problem with creative solution Segwit. You can expect these kinds of development still happening in the future. As for other coin, I don't think there would be a coin better than Bitcoin and more adopted than Bitcoin.
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acroman08
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January 23, 2020, 12:01:13 PM |
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Is it still possible to develop it?
bitcoin is still in its early stage its development is still in progress. so yes, bitcoin still possible to develop and yes, you can expect better bitcoin in the future. Can we still expect better coin than Bitcoin?
There are already better coins than bitcoin existing today(incase of features, transaction speed and such).
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ice098
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January 23, 2020, 12:04:54 PM |
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Is it still possible to develop it?
bitcoin is still in its early stage its development is still in progress. so yes, bitcoin still possible to develop and yes, you can expect better bitcoin in the future. Can we still expect better coin than Bitcoin?
There are already better coins than bitcoin existing today(incase of features, transaction speed and such). Bitcoins needs a lot of improvement but for me still it is the best coin over than any altcoins. If bitcoin still exist in the future it will probably develop as the time passes by. I know it cant replace fiat but it will help our economical status in the future and also the way of our traditional banking. At least we have the choice if we will store our money in the real world or in the virtual world.
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Asmonist
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January 23, 2020, 12:09:55 PM |
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Bitcoin as its name suggests is really the ultimate coin. The development is always there. As they say, change is constant. But as to the name itself bitcoin had established its worth. Its like a brand name that always improves and develops many variants but still the name is continued.
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