Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][Main] Bitcore- BTX - Are you ready for the future?
by
gwestcot
on 01/08/2018, 03:03:46 UTC
Quote from: garytheasshole on July 30, 2018, 02:39:34 PM
Quote from: galaxiekyl on July 30, 2018, 01:55:14 PM
Quote from: garytheasshole on July 30, 2018, 11:02:29 AM
Quote from: gwestcot on July 30, 2018, 06:29:28 AM
Quote from: hornetsnest on July 29, 2018, 01:29:45 PM
Quote from: JollyGood on July 29, 2018, 11:03:29 AM
Bitcore team has a great product on its hand. The fork is great news, no ICO and asic resistant. Nice website, great logo.

Well done Bitcore Smiley

It's just another altcoin similiar to Litecoin,Bcash etc.What need is there for all these altcoins?
I will admit it is a better altcoin than Bitcoin cash and that shitcoin called Litecoin.

Bitcoin can't scale on chain and lightning network is highly centralized while also opening up Bitcoin to potential regulation and litigation since running a node would effectively be classified as a money service business. In essence, yes altcoins are a necessity if not but to provide options and to keep competition alive.

Please do explain to me how lightning network is highly centralized

LN IS a patch work like HUB (centralized) for bitcoin and crypto using LN network off chain..for reduce fees of transac..this is has been coded because bitcoin protocol will never evolved..except if satoshi come back or communauty vote for uptdate..the first solution having the greatest chance of occurring

some one have decoded the puzzle ? this is really strange  Roll Eyes

How is that any different than pools? They're exactly like HUBs, but everyone can run one, be it pool or a ln hub, that makes it slightly centralized, not highly centralized

The math was done ages ago, blockchains don't scale well, offchain is the best we got for now.

At any rate, it is centralized to some degree and does in fact open it up to MSB regulation which is an absolute pain in the ass. Trust me on that one.  Wink As far as blockchains not scaling well... That is somewhat disingenuous. Bitcoin doesn't scale overly well but it is indeed possible to handle about 8x what even Bitcore currently does. That would handle 25% of the world's current credit card transactions. It's just that Bitcoin maximalists don't want anything to change even though it needs to.