Post
Topic
Board Altcoin Discussion
Re: Bitcoin 2.0
by
manlyxman
on 27/01/2018, 17:12:24 UTC
Greetings to everyone!
There is a pretty new anonymous cryptocoin which has a huge potential and is currently at a low price.
It has 21 bilion max supply, which is 1000 times more than Bitcoin and the block generation is much smaller in time.
The transactions are sent in seconds and validated in just a few minutes.
It brings stealth by the zkSNARKS algorithm, being a proof of work (POW) coin, currently based on EQUIHASH. So it is ASIC resistant.
Is called BitcoinZ and is inspired from ZClassic. Here is a video about it and an interactive explanation of the zkSNARKS algorithm:
If you have some free time, please check it out.

https://youtu.be/3hVG888tOpY

I would like to hear your opinions on it. I think that it may have a great feature, because the community is dynamic and they want to improve the technology.
I also heard that they want to add smart contracts.
Have a nice day!

What's wrong with bitcoin 1.0? Grin

Nothing wrong but people need the iconic name Bitcoin to create a new coin or airdrop, fork etc for marketing purposes. Unfortunately this is a highly effective marketing technique can't erase that. Instead of new shits like these everybody can contribute in the development of one Bitcoin.

For what it's worth, I don't think many "gimmicky" coins will survive in the long run.

Stuff like weed/pot coins, kfc coins or whatever and so on. They're purely an attention-grabbing name and seem super gimmicky.