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Author Topic: Why? I just don't understand why!  (Read 2131 times)
kashish948 (OP)
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July 18, 2014, 11:29:33 AM
 #1

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.
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July 18, 2014, 11:35:05 AM
 #2

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

Well, simply that they aren't deemed of enough importance to actually merit discussion by the developers. I doubt that they aren't aware of what altcoins offer, but instead they do not consider it useful enough to have to ask for a consensus from the miners and nodes in order to prevent problems associated with forking. The first and foremost purpose of BTC is to act as a decentralized currency that can be used as a semi-anonymous means of conducting transactions in a (mostly) irreversible manner. Any other concern is really just secondary.
kashish948 (OP)
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July 18, 2014, 12:21:36 PM
 #3

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

Well, simply that they aren't deemed of enough importance to actually merit discussion by the developers. I doubt that they aren't aware of what altcoins offer, but instead they do not consider it useful enough to have to ask for a consensus from the miners and nodes in order to prevent problems associated with forking. The first and foremost purpose of BTC is to act as a decentralized currency that can be used as a semi-anonymous means of conducting transactions in a (mostly) irreversible manner. Any other concern is really just secondary.

Agreed the basic purpose is acting as a decentralized irreversible currency but what is the the problem of including beeter features without compromising the basic purpose? Why will it not have consesus? It won't harm BTC in any way, will it?
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July 18, 2014, 12:27:15 PM
 #4

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

As God once said "If it ain't broke dun't fix it!"

Wink
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July 18, 2014, 12:39:34 PM
 #5

It would be incredibly hard to introduce a new feature. Depending on the feature you might need EVERYONE to adopt it.
with alt coins their is usually only 1 client so you  don't really have to much of a choice, right ?

i would rather the devs fix up existing features and problems. Now I understand the purpose of the blockchain but jeeeez I would hate to have to download it again. I am even to scared to see how big it is now. It must be growing at a huge rate.... and yeah yeah I can use a light client, but their is a fundamental issue if 99% of people have to do that.

One of the best things they did was what ever it was to speed up the time it takes to sync... I think what ever it was... was introduced in the version
after/around 0.6.3. I'm still loving it heh.  The new stuff they put into 0.9 seems knda silly but maybe I just don't understand the purpose.

Hmmmmm I should really branch out and see what some of the other clients besides Bitcoin-QT have to offer.

kashish948 (OP)
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July 18, 2014, 12:49:45 PM
 #6

It would be incredibly hard to introduce a new feature. Depending on the feature you might need EVERYONE to adopt it.
with alt coins their is usually only 1 client so you  don't really have to much of a choice, right ?

i would rather the devs fix up existing features and problems. Now I understand the purpose of the blockchain but jeeeez I would hate to have to download it again. I am even to scared to see how big it is now. It must be growing at a huge rate.... and yeah yeah I can use a light client, but their is a fundamental issue if 99% of people have to do that.

One of the best things they did was what ever it was to speed up the time it takes to sync... I think what ever it was... was introduced in the version
after/around 0.6.3. I'm still loving it heh.  The new stuff they put into 0.9 seems knda silly but maybe I just don't understand the purpose.

Hmmmmm I should really branch out and see what some of the other clients besides Bitcoin-QT have to offer.

If everyone can adopt from 0.6s to 0.9s why not include the new features in the next update? and yes they should get the syncing faster!
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July 18, 2014, 12:56:47 PM
 #7

Why would you want that? Bitcoin is fine as it is, no need to include new features or change anything.

It's not the fastest coin around, by far not, but it's doing what we want.
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July 18, 2014, 01:16:36 PM
 #8

If anything good (rather, beneficial) comes along then Bitcoin will simply absorb it.

Till then...

Humble Weekly Bundle.Pay What You Want. Redeem on Steam. Support charity. Pay with BTCitcoin now!--> Paypal Sad
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July 18, 2014, 01:21:41 PM
 #9

Can you give an example of a feature that has been proven by an altcoin that has not been included in Bitcoin?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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July 18, 2014, 01:23:31 PM
 #10

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

The best thing about altcoin features is that bitcoin doesnt need to include them right away; isnt it smarter to wait a certain amount of time to see if there are any flaws to those features?
If you think that bitcoin is going to remain the same, i assure you it wont, but it wont add any feature without carefully and slowly integrating them also.
Patience is a virtue, so just remain calm, and let time show are the features valuable enough to risk 8 billion dollar market cap. to some flaw.

cheers
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July 18, 2014, 01:28:41 PM
 #11

Why would you want that? Bitcoin is fine as it is, no need to include new features or change anything.

It's not the fastest coin around, by far not, but it's doing what we want.
exactly once. bitcoin is perfect with the situation now. There is no need to be changed.
 keep him stable it is enough.
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July 18, 2014, 01:34:48 PM
 #12

S T A B I L I T Y  -  C O N F I D E N C E

/Thread
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July 18, 2014, 01:40:32 PM
 #13

If there wasn't so many new coins being developed everyday maybe they will be noticed more. Now you have anyhting from titcoin to imashitcoin to pick from.
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July 18, 2014, 01:41:11 PM
 #14

kashish948 you say better features... but which features?

i have only seen you mention 1. syncing.

you do realise that the crap coins seem faster to sync, not because the alt has better features but because of these 2 reasons
1. crap coin(altcoins) blocks are smaller because they are used less, with less transactions per block
2. crap coin(altcoins) dont have 5 years of large data to send.

analogy
if i write a novel, and you wrote a leaflet ofcourse its going to take longer for people to read a novel..  but atleast the novel tells a better story and people want that. not some crap that gets thrown away..

so, tell me what actual FEATURES do you want to see in bitcoin-core.. name me 5 FEATURES

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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July 18, 2014, 05:19:53 PM
 #15

Bitcoin is way too big to risk adding non-critical features at this point. There are literally billions at stake. Trying to push something through the political minefield that is Bitcoin development would be virtually impossible at this point.

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July 18, 2014, 05:23:42 PM
 #16

kashish948 you say better features... but which features?

i have only seen you mention 1. syncing.

so, tell me what actual FEATURES do you want to see in bitcoin-core.. name me 5 FEATURES

I'd like to know this too. A lot of the features devs or bagholders of alts proclaim as defining features aren't that great or revolutionary at all.
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July 18, 2014, 05:29:52 PM
 #17

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

Features are always debatable. What is good for u, may not be good for me. So any change in the client may not win consensus and hence highly difficult to push technically.

kashish948 (OP)
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July 18, 2014, 05:36:13 PM
 #18

kashish948 you say better features... but which features?

i have only seen you mention 1. syncing.

you do realise that the crap coins seem faster to sync, not because the alt has better features but because of these 2 reasons
1. crap coin(altcoins) blocks are smaller because they are used less, with less transactions per block
2. crap coin(altcoins) dont have 5 years of large data to send.

analogy
if i write a novel, and you wrote a leaflet ofcourse its going to take longer for people to read a novel..  but atleast the novel tells a better story and people want that. not some crap that gets thrown away..

so, tell me what actual FEATURES do you want to see in bitcoin-core.. name me 5 FEATURES


1. Voting System
2. Faster Blocks
3. Maybe an optional anon feature (Don't know how many will like this though)
4. Price, difficulty charts, etc. built into the client
5. POS maybe?
6. Something NEW! Why can't Bitcoin innovate further?


PS: To be honest, I realized there are not MANY features missing from BTC Wink
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July 18, 2014, 05:36:46 PM
 #19

what people dont know is that if they know VB, PHP, JAVA. they can easily make their own GUI that interacts with bitcoinD.exe.... thus keeping the protocol but having their own fancy little GUI that has a different way of handling addressbooks or making it easier to form multisends, etc.

so guys it does not require the bitcoincore-dev's to make it pretty or user friendly. thats a job for you to do, or to offer bounties to anyone to make if you lack the skills of making GUI's

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July 18, 2014, 05:47:47 PM
 #20


1. Voting System
2. Faster Blocks
3. Maybe an optional anon feature (Don't know how many will like this though)
4. Price, difficulty charts, etc. built into the client
5. POS maybe?
6. Something NEW! Why can't Bitcoin innovate further?


PS: To be honest, I realized there are not MANY features missing from BTC Wink

1. already exists.. simply make a number of addresses post them and let people send dust to th addresses to choose the vote eg
vote for favourite fruit
oranges - 1Mad3Up4ddre55D0Not4ctua11y5endt0
apples - 14n0th3rMadeUpAddre5sD0ntSendTo
pears ... you get the idea

2. and in a year people will complain that 2 minutes is not fast enough.. helloo!!!! its not 3-5 business days, now is it

3. bitcoin is already pseudonomynous, until people are silly enough to make their addresses public
Bitcoin address: 18WqmLH66SG8AqzREDWEZ7pzrsCm297FX1

4. bitcoin is a payment system but nothing stopping you making your own GUi, i done it with VB.net without any issues even blockchain.info done it and made it publicly accessible rather than a program you have to download

5. POS!!!! are you kidding me. thats the lame brainchild of th rich, basically those that already own the large hoard of coins get richer. so satoshi gets 8% of each block, coinbase gets 6%, mark karpeles gets 6%, bitstamp gets 6% (all rough figures) all for doing jack shit and none of which helps secure bitcoin by having an ever increasing difficult encryption to crack.. POS is weak security and for the greedy pre-miners to profit from before the dump and run.. havnt you learnt that yet

6. bitcoin can innovate, also people can innovate themselves.. just look at the great stuff blockchain.info managed to do with the data

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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July 18, 2014, 05:59:39 PM
 #21

Introducing new features may create new bugs or instability. I prefer to have a reliable bug free bitcoin platform rather than optional features. I think devs are more concerned with solving the blockchain size problem at the moment.
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July 18, 2014, 06:34:09 PM
 #22



5. POS!!!! are you kidding me. thats the lame brainchild of th rich, basically those that already own the large hoard of coins get richer. so satoshi gets 8% of each block, coinbase gets 6%, mark karpeles gets 6%, bitstamp gets 6% (all rough figures) all for doing jack shit and none of which helps secure bitcoin by having an ever increasing difficult encryption to crack.. POS is weak security and for the greedy pre-miners to profit from before the dump and run.. havnt you learnt that yet


The block can give no reward other than transaction fees. I think NXT is like this already. People need to secure the network, why not give them transaction fees?
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July 18, 2014, 06:41:04 PM
 #23



5. POS!!!! are you kidding me. thats the lame brainchild of th rich, basically those that already own the large hoard of coins get richer. so satoshi gets 8% of each block, coinbase gets 6%, mark karpeles gets 6%, bitstamp gets 6% (all rough figures) all for doing jack shit and none of which helps secure bitcoin by having an ever increasing difficult encryption to crack.. POS is weak security and for the greedy pre-miners to profit from before the dump and run.. havnt you learnt that yet


The block can give no reward other than transaction fees. I think NXT is like this already. People need to secure the network, why not give them transaction fees?

POS does generate new coins.. the distribution is spread to who has most coin.. AKA stake. so someone with the slowest miner possible, but has 600k coins hoarded would get the most reward.. hense if bitcoin became POS. the exchanges that hoarded coins, and those that are hiding hoards of stolen coins, will get all the fresh coins, for little to no work.. POS is the profit making schme for the preminers. once they sell coins the coin soon dies.. POS is not about security at all

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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July 19, 2014, 11:03:21 AM
 #24



5. POS!!!! are you kidding me. thats the lame brainchild of th rich, basically those that already own the large hoard of coins get richer. so satoshi gets 8% of each block, coinbase gets 6%, mark karpeles gets 6%, bitstamp gets 6% (all rough figures) all for doing jack shit and none of which helps secure bitcoin by having an ever increasing difficult encryption to crack.. POS is weak security and for the greedy pre-miners to profit from before the dump and run.. havnt you learnt that yet


The block can give no reward other than transaction fees. I think NXT is like this already. People need to secure the network, why not give them transaction fees?

POS does generate new coins.. the distribution is spread to who has most coin.. AKA stake. so someone with the slowest miner possible, but has 600k coins hoarded would get the most reward.. hense if bitcoin became POS. the exchanges that hoarded coins, and those that are hiding hoards of stolen coins, will get all the fresh coins, for little to no work.. POS is the profit making schme for the preminers. once they sell coins the coin soon dies.. POS is not about security at all

PoS doesn't necessarily generate new coins. Some might as incentive for people run the network. But if transaction fees are sufficient incentive then you don't need to reward blocks. NXT is the main PoS 2.0 coin and they don't have any reward for blocks other than the transaction fees. There are massive whales who own millions of NXT who don't even stake their coins because I guess they don't feel that the reward is enough incentive. But the network has been secure thus far.
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July 19, 2014, 11:17:01 AM
 #25

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

BTC will never adapt something that makes it even more anonymous or pseudonymous. other coins / systems have to do this:

https://bitcointalk.org/index.php?topic=362468.msg3878992#msg3878992

i guess we are already at a stage where we wont see major changes anymore. hopefully some mining changes but everything else will be for scalability.

we are all sitting in a 8 billion dollar plane, so you cant do something stupid  Wink

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July 19, 2014, 11:18:13 AM
 #26

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

Which coin and have what new feuture mind explain ?
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July 19, 2014, 12:06:26 PM
 #27

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

I don't see a pull request from you for any of the features mentioned.
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July 19, 2014, 12:51:51 PM
 #28

Adding 'features' to anything takes though and consideration. It is likely that the developers are working towards a roadmap of sorts, with a vision of what needs to be done in the coming months.

Sure some of the alt coins have neat features, features which could possibly increase Bitcoin's appeal further, but it's simply not a case of rushing in a feature addition without going through the necessary steps.

Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT
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July 19, 2014, 01:06:35 PM
 #29

I see bitcoin as the "backbone" of cryptocurrencies, its actually a requirement in the world of virtual currency!

There needs to be one where its not being hacked around with new features and risk!  just like a network backbone people need to know its stable and that change is rare.

This way bitcoin can back other currencies... if there is an alt currency that has a feature enough people want then naturally people will give up some bitcoin to get hold of the other alt currency... and eventually some merchants will accept it because so many people use it.

I think in the future bitcoin is and will be the "gold" of crypto currency.... the only shame for bitcoin is its a really boring life being gold  Grin
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July 19, 2014, 03:32:00 PM
 #30

Why does bitcoin not include the new features from altcoins?
Because the only reason that bitcoin is so expensive is a raw of updates wich are not similar to altcoins. And that is the key of difference in prices.
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July 19, 2014, 03:48:36 PM
 #31

Adding charts/pricing to the client should be simple for someone familiar with c++  or what ever language your fav client is in, right ?
I am sure if you put a bounty some one would modify the existing client to do that for you.. but then you'd have to do the same upate each time the client gets updated by the devs.

Personally I am more than happy to load up btc-e or <insert exchange here> for the 2 seconds it takes to check pricing.
Looking at charts is also something I do/need to do very rarely.

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July 19, 2014, 03:50:28 PM
 #32

I see bitcoin as the "backbone" of cryptocurrencies, its actually a requirement in the world of virtual currency!

There needs to be one where its not being hacked around with new features and risk!  just like a network backbone people need to know its stable and that change is rare.

This way bitcoin can back other currencies... if there is an alt currency that has a feature enough people want then naturally people will give up some bitcoin to get hold of the other alt currency... and eventually some merchants will accept it because so many people use it.

I think in the future bitcoin is and will be the "gold" of crypto currency.... the only shame for bitcoin is its a really boring life being gold  Grin

I could definitely see that being the case. Bitcoin being the stable standard while other more agile currencies can scoop up other markets. It's unlikely Bitcoin is going anywhere, but it's also unlikely that Bitcoin is going to be pushing any technological boundaries at all anytime soon, if ever.
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July 19, 2014, 05:33:37 PM
 #33

Change being difficult and rare is exactly one of the reasons it is a trusted and stable currency. Updates should be rare and only for crucial issues. Alt coins and other projects are available that have the features people want.

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July 19, 2014, 05:46:15 PM
 #34

Change being difficult and rare is exactly one of the reasons it is a trusted and stable currency. Updates should be rare and only for crucial issues. Alt coins and other projects are available that have the features people want.

I agree. I see Bitcoin being the cornerstone of a rich crypto landscape. It's not going to be able to fulfil the demands of the wider market itself, but other technologies will emerage that can.
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July 19, 2014, 06:07:35 PM
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July 19, 2014, 06:13:34 PM
 #36

Why does bitcoin not include the new features from altcoins? There are like tons of new features even if you leave out anon that will increase BTC's use and value. So why not include them in Bitcoin Core? BTC is trailing behind others in terms of features, the only (HUGE) advantage is thats its the first accepted by a huge number of merchants.

As God once said "If it ain't broke dun't fix it!"

Wink
I don't think God ever said anything like this.

The principle is true. Most alts really do not have any useful features that bitcoin should have. The features that alts have really do not add any actual value and really just make the coins less secure
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