Post
Topic
Board Announcements (Altcoins)
Re: [XCT] C-Bit - Elegantly Solving Bitcoin's Blockchain Problem [SHA256][POW]
by
Bank_sy
on 29/02/2016, 00:43:04 UTC
Oh ok I think I understand.  You are saying the 10 minute block time is necessary in order for C-Bit to be "Compatible With All Bitcoin-based Technology" as intended.  Is that correct?

False. 10 minute block is not necessary to be compatible with bitcoin. You just need proper coding skills.

Hi we talked about the C-bit release on our altcoin show last night and we had a couple questions.  The first we were wondering why 10 minute blocks?  Is there some reasoning behind this decision?  Also, aside from larger blocks are there any other things C-bit is going to attempt?

You can listen to the boradcast at https://bitcointalk.org/index.php?topic=1379730.msg14041973#msg14041973 if you are interested in hearing C-bit mentioned.  C-bit is discussed at 22:59:00

If you have any information we can share with our listeners next week about c-bit or if anyone from the community or team would like to talk on the show please let us know.

Thanks and good luck with your project!
We wanted the block time to equal Bitcoin
so that when the time came to synchronize
the two networks with the Helix technology,
they would be compatible, time wise. You
can't have blocks being connected if you
have blocks being formed at different times
and in different amounts.

You can still make them work if you have proper dev skills.


So why not everything BTC? Well if you ever are waiting for a trade to go through, you know that waiting even a minute is a long time. Try waiting 10 minutes. Just not a good experience. So I will make a hybrid system combining the speed of BTCD 1 minute blocks with BTC for long term storage. Trading against BTC should really be a requirement, but not sure if all passport enable blockchains will be able to do this, so it would probably need to be a strong recommendation.

iguana unites all the bitcoin compatibles using technology.

James is going to make BTCD 1 minute block work with BTC 10 minute block.