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The bitcoin culture is very religious and getting even minor changes into the protocol are very difficult. Bitcoin is not trying to be like Ethereum, no one spe
by seibelj 6y ago
The bitcoin culture is very religious and getting even minor changes into the protocol are very difficult. Bitcoin is not trying to be like Ethereum, no one speaks for bitcoin, and everyone can have their own opinion on what it is. The fact it takes so long to make changes is a good thing from my perspective - the risk to the entire crypto space if BTC were to have a serious problem is catastrophic, so slow-and-steady is a smart tactic.
For me, bitcoin is a store of value, like digital gold. I don't purchase BTC for the same reasons I purchase ETH.
Taproot will enable better privacy on bitcoin and more efficient transactions. It will not enable an EVM-like smart contract system.
- atweiden 6y ago> Taproot will enable better privacy on bitcoin and more efficient transactions. It will not enable an EVM-like smart contract system. You can already price EVM transactions in Bcash: https://smartbch.org/ https://smartbch.org/ (Notably Bcash has chosen to do “Ethereum on Bitcoin” using a sidechain, rather ironic from a historical perspective)