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Showing 14 of 14 results by Kikai
bitcoin will survive till 100 years or more, but we dont know the price rate in the next 100 years right? we hope that in next 100 years bitcoin is becoming popular and all people hava bitcoin wallet in their smartphone, if this happen bitcoin will become a trasure and hard to find
Well it depends if technology and online use will still be abundant then. There's a chance that 100years from now, with the rate we're destroying the planet and war always looming, there won't be anything to support bitcoin then. Pretty grim to think about but its a possibility to consider as well
Indeed, we worry about bitcoin and about going to mars but without planet there is no need for currency
Does it make sense to believe that Bitcoin could one day be replaced by another cryptocurrency, that is, a cryptocurrency that really does make Bitcoin obsolete?
that's impossible in my opinion, Bitcoin being obsoleted and to be no more used. There are other coins namely altcoins that has potential with a high rate of the increase of their market value but Bitcoin has a large community that generates a high market demand. And that I think, is its biggest weapon for it to be more succesful on the next years to come.lots of things in history had the same pattern and don't exist anymore
Tezos: A Self-Amending Crypto-Ledger
http://www.tezos.com/position_paper.pdf
Abstract
The popularization of Bitcoin, a decentralized, trustless, crypto-currency has inspired the production of several alternative, or \alt", currencies. Ethereum, CryptoNote, and Zerocash all represent unique contributions to the crypto-currency space. Although most alt currencies harbor their own source of innovation, they have no means of adopting the innovations of other currencies which may succeed them. We aim to remedy the po- tential for atrophied evolution in the crypto-currency space by presenting Tezos, a generic and self-amending crypto-ledger. Tezos can instanciate any blockchain based protocol. Its seed protocol speci es a procedure for stakeholders to approve amendments to the proto- col, including amendments to the amendment procedure itself. Upgrades to Tezos are staged through a testing environment to allow stakeholders to recall potentially problematic amendments. The philosophy of Tezos is inspired by Peter Suber's Nomic[1], a game built around a fully introspective set of rules. In this paper, we hope to elucidate the potential bene ts of Tezos, our choice to implement as a proof-of-stake system, and our choice to write it in OCaml.
http://www.tezos.com/position_paper.pdf
Abstract
The popularization of Bitcoin, a decentralized, trustless, crypto-currency has inspired the production of several alternative, or \alt", currencies. Ethereum, CryptoNote, and Zerocash all represent unique contributions to the crypto-currency space. Although most alt currencies harbor their own source of innovation, they have no means of adopting the innovations of other currencies which may succeed them. We aim to remedy the po- tential for atrophied evolution in the crypto-currency space by presenting Tezos, a generic and self-amending crypto-ledger. Tezos can instanciate any blockchain based protocol. Its seed protocol speci es a procedure for stakeholders to approve amendments to the proto- col, including amendments to the amendment procedure itself. Upgrades to Tezos are staged through a testing environment to allow stakeholders to recall potentially problematic amendments. The philosophy of Tezos is inspired by Peter Suber's Nomic[1], a game built around a fully introspective set of rules. In this paper, we hope to elucidate the potential bene ts of Tezos, our choice to implement as a proof-of-stake system, and our choice to write it in OCaml.
For the news, it seem that the first thing that Tezos needs to do is ammend it´s leadership
True, leadership should also be self ammending