Post
Topic
Board Development & Technical Discussion
Re: How will Bitcoin 1.0 look like?
by
Zadicar
on 10/11/2016, 14:08:47 UTC
Bitcoin 1.0 probably won't happen in our lifetime.

I think it will happen in the next 15 years. I think bitcoin needs to achieve the following goals for it to happen:

  • Throughput that scales and that can exceeds Visa transactions
  • Better anonymity
  • Low cost per transaction probably less than 0.02$
  • Quantum computer resistant
  • Mining solution for Bitcoin going forward without block reward

It wont  be  achievable  on   next 15 years   because  the things   you  listed  is  not achievable  on a  short period of time and  it would really require   sufficient years to  develop bitcoin even more. Bitcoin 1.0  is not  possible  for me  even though  bitcoin  would  be fully mined  but  as we all know  the last  bitcoin will be mined  took  hundred of  years. Are you sure  you are still  alive on that  year?