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Do altcoins have any legitimate reason to exist? The whole "silver to bitcoin's gold" shtick is terribly unconvincing.
by networked 14y ago
Do altcoins have any legitimate reason to exist? The whole "silver to bitcoin's gold" shtick is terribly unconvincing.
- nullc 14y agoThey can be useful experimental platforms... also, the fundamental rules of Bitcoin are fixed— changing how Bitcoin works could be rightfully argued as theft from all the people who hold Bitcoin at the current moment. If you wanted something like Bitcoin but with different properties, different security, different inflation— an altcoin is the only way to get it. Unfortunately, practically all altcoins have been almost identical to Bitcoin.
- networked 14y agoWhat would be interesting deviations from the bitcoin model if breaking compatibility wasn't an issue?
- nullc 14y agohttps://en.bitcoin.it/wiki/Hardfork_Wishlist https://en.bitcoin.it/wiki/Hardfork_Wishlist https://en.bitcoin.it/wiki/User:Gmaxwell/alt_ideas https://en.bitcoin.it/wiki/User:Gmaxwell/alt_ideas