Post
Topic
Board Announcements (Altcoins)
Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
by
altcoinUK
on 22/08/2014, 18:39:54 UTC
c'mon guys.. one step at a time.. devs can't be doing everything at once.. we are lucky they are still here and haven't run away.. look at P&D coins.. it took bitcoin 3+ years to get where it was.

card is great IMHO.. it will help in the mass adoption.. for starters anyway - for people who are too lazy to learn the technical side of digital currency

Now please explain to me how BTC by itself is practical for me to pay for gas, buy a cup of coffee etc.  

One well known option is green addresses with instant BTC transactions. There are multiple start-ups with backed by VC investment do that already.

That's one of the problems here, you and the "supporters" have very little idea about the technology and general crypto and believe the crap about worldwide mass adoption, that VRC can compete with BTC on that front.

Thanks for the info, I did not know that. I did google green address and what do i see ? multiple articles on the tech. As for start ups I saw none. Is anyone marketing this ?



It's not a marketing theme. It is a terminology for a payment method to perform instant bitcoin transactions. Actually you could have a timed transaction on the green address to perform transaction in a trustless manner, without relying on a centralized third party. As you know the bitcoin blockchain and transaction processing is not suitable for instant transactions, and therefore the green address is one option to overcome on that shortcoming.

Better to admit vericoin won't be able to compete with BTC, forget the lame ideas like Veribit and Vericoin VISA card and start the actual work in some other area.