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Patchwork??! This uses the original scripting implementation that Satoshi built. It's just one of many possible applications of it. New applications are exact
by eric_bullington 12y ago
Patchwork??! This uses the original scripting implementation that Satoshi built. It's just one of many possible applications of it.
New applications are exactly why a (non-Turing complete) scripting language was included in the protocol -- so people could extend the Bitcoin to new areas.
You may not like Bitcoin, but calling the use of a feature that was built by the original developer to support one of the earliest aspired uses of Bitcoin "patchwork" is pretty unfounded.
And regarding Stellar, I'm a big fan of the Ripple technology, but very cautious about the entities behind both Ripple and Stellar. Just like Stellar, Ripple started out with promises of distributing the vast majority of the coins around the world, and yet 2-3 years out this still hasn't happened. The fact is -- unlike Bitcoin's -- Stellar's and Ripple's distribution model is highly centralized and thus potentially undependable.
- kolev 12y agoIt's patchwork as doing all this is not intuitive, it needs to be explained, spec'd out, needs examples and requires a learning curve. I'm fine with the entities behind Stellar and totally not fine with the shady, questionable, and faceless ones behind Bitcoin! The only character I cared about within Ripple is now with Stellar - Jed McCaleb. Last thing - the distribution is not Ripple's fault, it's the uselessness of cryptos for the 99% of the population, which is leading the imminent crash and burn across the board!