Quote from: altcoinUK on August 27, 2014, 03:50:18 PM

Quote from: kasman5 on August 27, 2014, 03:40:06 PM

Yes I have neglected Greenadress' but with this adding to the 1mb transaction problem I think there's a need for other Blockchains such as VRC.

I agree with that, as I said you are quite right that there is place for other blockchains - for specific use cases.

All I tried to point out was that the most assumed use case the instant transaction is probably not the best one, because BTC can do that with green addresses and other payment service provider specific solutions. From the generic end users' viewpoint the green address and other existing solutions to perform instant transactions are perfect. The generic end users keep their private keys at online services lately, they could not care less about the implementation and how the BTC instant transaction works, it is there and it is good enough. Vericoin is not going to beat BTC because by offering instant transactions, that's for sure.

Yes I would agree with everything you said.

However I believe as Bitcoin moves to being deflationary, technically inflationary at the moment, then Vericoin has an advantage as it encourages people to spend as we have what, 1.5-2.5% inflation or as we are calling it Dynamic interest.