n terms of Blockchain and technology Bitcoin is Old?
The ethereum and other new ones use better technology? Im correct or not?
Do you think that bitcoin technology is Old and need some renovation?
n terms of Blockchain and technology Bitcoin is Old?
The ethereum and other new ones use better technology? Im correct or not?
Do you think that bitcoin technology is Old and need some renovation?
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I think most of the idea behind this "old bitcoin tech" thing is related to scalability.
There are some shitcoins which are faster, but they are more centralized
Choosing scalability over decentralization is not a good idea. It's better to just use visa.
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It depends on how you define better technology. Bitcoin has a sophisticated trading feature like Smart contract.
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The answer depends on how do you define "better technology"?
If you don't care about decentralization, don't care about simplicity or want complex features (such as smart contract, DAO, etc.), then i'd understand if you think ETH (and many altcoin) uses "better technology"
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Bitcoin is constantly "renovated" (such as P2SH and SegWit) and Bitcoin technology today is different with Bitcoin technology 10 years ago
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The trading features of the Bitcoin is updated regularly by its developers.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
For me, Bitcoin is not old school. The technology it uses also improves and I think the fact that it still remains to be on top proves that this coin is not outdated.
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I don't think Bitcoin is old school. Just because it is one of the longest-existing coins does not mean that its mechanisms have been left by time. The system is constantly upgrading in accordance present advancements.
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Bitcoin evolves together with other technological advancements so I don't think it should be called old-school. It may be the oldest digital currency, but its system is not left behind.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.