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Is BTC + DLC the Ethereum/Polygon killer?

I think that BTC + DLC =

  • ETH/Alts will have strong competition for contracting but without threat

    Votes: 0 0.0%
  • The Future of contract Alts will have to change drastically and foundationally

    Votes: 0 0.0%
  • Contract Alts are doomed

    Votes: 0 0.0%

  • Total voters
    3

timothywcrane

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I know that the DLC toolkit is a little rudimentary compared to the ETH/Cosmos etc... world. But does that really matter when most people still haven't figured out how to pay their friends with any of the most popular currencies... There's still plenty of room in the adoption curve. Could the massive size of BTC and its true decentralization around it's core (nobody else has a single "Shitoshi") become a catalysis for the demise of other "programmable chains" especially when if the move from POW to POS makes it seem to some to be a tycoon miner run dystopia?
 
I think BTC moves/upgrades too slow to catch up to new projects
 
TRX Is going up , Many follows btc , many coins get delisted like LUNA !
 
That is exactly the superpower of Bitcoin (BTC) and why most other "crypto-projects" die after a few years.
I get what you mean, but just like Chrome was not the first browser or TikTok the first short video platform, BTC can be left behind. I'm not saying it will, but chances are not looking good for the old man
 
I get what you mean, but just like Chrome was not the first browser or TikTok the first short video platform, BTC can be left behind. I'm not saying it will, but chances are not looking good for the old man
Bitcoin can't be left behind... Too many nodes run the software already, too much hashpower behind it. Network effect already way above the critical point.
Bitcoin is not like chrome or tictoc. Bitcoin is a protocoll. Comparable to tcp/ip not a project from a company or foundation.
 
Nothing important. Bitcoin has been thinking for years about add smart contracts with simplicity. They will never get it. Never, unless they use extended UTXO model

By the way, right now there is a Ethereum/Polygon killer, Ethereum 1.5, or like some people know it, Polkadot
 
Bitcoin can't be left behind... Too many nodes run the software already, too much hashpower behind it. Network effect already way above the critical point.
Vine had a great network effect.

Bitcoin is not like chrome or tictoc. Bitcoin is a protocoll. Comparable to tcp/ip not a project from a company or foundation.
Does not matter. The competitors will be protocols as well. The category is not an argument
 
Vine had a great network effect.


Does not matter. The competitors will be protocols as well. The category is not an argument
Vine was just a centralized product. Like TicToc, Facebook and Google.

E. g. there has never be a valid competition for TCP/IP even they all claimed to 'be better'.

Bitcoin competitors tried for 13 years now. I see no chance they succeed in the next 13 years.
After the fail of B-Cash (they even had the most money, miners, developers and influence as far as I know - but still no chance against the network effect which is decentralized nodes running Bitcoin), Bitcoin SV, Bitcoin gold, Ethereum and the other 1000 copies which tried ecxactly that - I am very sure there will be no 'new better Bitcoin' in our life time.

But lets see. Interesting topic.
 
Vine was just a centralized product. Like TicToc, Facebook and Google.

E. g. there has never be a valid competition for TCP/IP even they all claimed to 'be better'.

Bitcoin competitors tried for 13 years now. I see no chance they succeed in the next 13 years.
After the fail of B-Cash (they even had the most money, miners, developers and influence as far as I know - but still no chance against the network effect which is decentralized nodes running Bitcoin), Bitcoin SV, Bitcoin gold, Ethereum and the other 1000 copies which tried ecxactly that - I am very sure there will be no 'new better Bitcoin' in our life time.

But lets see. Interesting topic.
I mean, bitcoin was the first one, so it's obv the best known crypto out there .

Most peple know it so they will keep buying it
 
ETH already have so much decentralised application build on it already , so there is no ETH killer .
Decentralized? ETH runs on amazon and alibaba mainly.

Have you tried to sync a node for ethereum? Have you tried to verify the total supply?
 
You have so many clients to chose from. If you consider this, it's an extra layer of decentralization.


It's unlimited, what's the point? You can do estimations, but there is no fixed supply.
I would call it an extra layer of 'trust', not 'decentralization'.

If there is no fixed supply you can verify yourself - it can't secure any value over time.
The point is: Your value is at risk of being diluted at any time.
 
Decentralized? ETH runs on amazon and alibaba mainly.

Have you tried to sync a node for ethereum? Have you tried to verify the total supply?

What do you mean by ETH runs on amazon and alibaba ?
No , I have tried to sync a node , but ETH is legit not gonna lie so much DAPPS are being build on eth .
 
Thanks for the replies. I may still opt to use DLC functionality for chainside public calculations for my overall project board info, but keep all of my customer transactions and data under incognito chain wrapped BTC transactions. I wish to please the human public, not the regulators ;)

I think to do what I want I may have to stake incognito with a healthy dose of whale blubber... the problem still remains on how to get each chain to be an oracle for the other without yet another third party. Any suggs?
 
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