The representative BlockTower: fast new scriptactive not displace Bitcoin

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2019-02-11 15:15:07

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The representative BlockTower: fast new scriptactive not displace Bitcoin Source:

Managing partner of investment group BlockTower Ari Paul did tweet an intriguing statement. In his view, Bitcoin as an asset means much more than the blockchain. Industry insider, formerly part of the University of Chicago and Susquehanna International argued the statement which has consequences for the wider cryptococcoma.

the

Bitcoin > Blockchain Bitcoin

In a recent tweet Paul noted the obvious difference between BTC and by bloccano, explaining why the first has more value than the last.

Although the network appears to be independent, drifting by itself in the digital world, Nakamoto still made money programmable. The godfather of the nascent sector has left users with the ability to use BTC as the base.

Paul explains that there is a new paradigm of industry insiders who use BTC for alternative purposes and even in other ecosystems.

If BTC can be used solely within its network, it would be a serious problem. After all, Bitcoin first-generation technologies, with the inherent disadvantages in the form of low bandwidth and limited features. However, BTC can be used in other protocols and networks.

That is why we are now seeing the existence of so called «Saidjanov» and of «the second, third and so on» levels. The investor cited , describing it as a Protocol of the second level, which allows you to make «numerous quick and cheap BTC transactions, which it regulated and protected by the main circuit of Bitcoin».

Though the purpose of Lightning is to build BTC as a digital means of payment, Paul notes that over time users will start to use sicani, dricani and other solutions based on Bitcoin. It just shows the value that has Bitcoin alternative block chain and scriptactive, writes NewsBTC.

[the Programmable nature of Bitcoin] ensures that BTC is unlikely to become obsolete with the advent of the competitive protocols with all their innovations. The essence and functions of Bitcoin are not limited only to his own bacchanal.

The More data you look at . The current rate of coins can be found in our classroom .

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