Re: [XCT] C-Bit - Elegantly Solving Bitcoin's Blockchain Problem [SHA256][POW]
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 BitcoinYou 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!
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.
IS doing, until its DONE, is TRUE. That wasnt DONE yet. Until then... please dont be so certain, thank you
If it was obviously impossible like they are saying, why would people be trying otherwise? And not just anyone but a talented coder? Is he stupid to waste his time?
He is building something that is possible not trying to build something that is impossible. Know the difference.
Everything is possible... but most of the times just the fact that we want to do something dont make it real, or achievable. Some may succeed, but most of the time projects are droped. I would be happy if such thing was accomplished. I think it would open some big doors to crypto future...