Post
Topic
Board India
Re: [2017-05-08] The Future of Bitcoins
by
skang
on 15/05/2017, 14:19:46 UTC
Bitcoin is rising ,dont know why ,there isnt any political crises as far i have heard.but this lead to further delay in bitcoin transaction ,soon this hype will be over and altcoin will rise again.bitcoin will be taken over by ethereum in coming years because ethereum blockchain is more reliable​ ,faster and majority of upcoming are based on its blockchain.

I feel the ethereum blockchain shall cease to exist in a few years because it is neither turing complete as they falsely advertise, nor is it a technically a blockchain because a blockchain only works as an DMMS algo if the underlying token governs one fixed task, whereas ether does not. How does one determine the gas price of an opcode in a network? How does ethereum do it? (I think only people understanding the need for proof-of-work blockchain will understand this) One cannot do this accurately as evident by the spam attack on the suicide function in ethereum a few days ago.