Bitcoin

now that there are two legitimate bitcoins at the top five on coinmarketcap.com, we have to ask ... how much a legitimate bitcoins can there? what makes a bitcoin legitimate anyway? no companies with a registered trademark name. that will use the brand without qualification? can ever changing? bitcoin magnificent seven bitcoin magnificent seven well, here are some reason why the form of bitcoin may be considered "legitimate" using the most Satoshi original code it is supported by a group of developers with some lineage back to Satoshi it is supported by the company the best mining equipment it is supported by the Exchange - they are willing to the list. it is supported by the merchants and business - many people receive it. has the largest network effects or market capitalization the token organized by the people who can track them back to the original owners in the original chain thus, the 100 years from now, which is likely to remain true for one candidate we will discuss? I claim it's just last. other can and will change in the next 100 years, both gradually or in seismic shift. there will not stick of Satoshi original code left in 2117. there will not be a bit of the same hardware. no current developer or miners will stay alive. Exchange will still trade anything profitable. traders will use the Universal coins translators and no matter what under the Hood. largest network effects and market capitalization can shift many times in a hundred years - possible to something that not even called bitcoin. but some blockchain would still holds bitcoin name. how Baton pass on to them? well, let's make the case of the best we can to all seven slow bitcoins - there are three third bitcoins all in the "slow" category as they are using a little variation evidence work (POW) inherent much slower of modern solutions. However, there are people who consider this a important features. both a new entry in slow category claim to be bitcoin (a) because they are respected existing ownership distribution at the time Fork, (bed) because they made only a small, incremental changes to the original software, and (C.) because they developers used to work on the original bitcoin in some capacity. of course, a lot of altcoin clone can make a similar claim (bed) and (C.), so all boils down to (a) the honor of the original owner faithful. bitcoin classic (deceased) this is the original bitcoin died August 1, 2017 when a variety of interest groups created alternatives software suite and start they run on now famous block 478558. nobody wanted to keep the mining Satoshi original, so died. just say that "retired". bitcoin segwit "King is dead, life King!" seems to all the main Exchange decided to this list Fork as the official successor - the one that will be the only bitcoin (BTC). this will run maybe twice as fast - other 3 to 7 transaction per second. it is still takes ten minutes per block and perhaps hours to confirm on the hectic days - if you do not pay miners few dollars extra. bitcoin cash - bth will be reduced to the role of "rogue beginners" - cheeky 4-place, 5 billion plus beginners. how unauthorized exactly could that be? can run twice as fast as "the King". maybe even as soon as ethereum on a good day. that 25 transaction per second for the entire world for sharing! (one credit card, said visa, regularly peak in more 4000 transactions per second, so this competitors will not take any time soon.) However, when the King of hits stop (at this time the growth rate, just months from now), it may bitcoin cash will take some slack and grow # 1 in the market capitalization. if other 2x a leaps occur after that, which will Exchange Crown King? fast bitcoins - there are four fast bitcoins do their transactions in real time. this is achieved by walk in the private server (Exchange bitcoin below) or use the more advanced decentralization algorithm as delegated evidence stock (dpos). all three of them bitshares based dpos assets shown below have 3 second transaction time and easy walking in the middle of visa load already. further their scalable to tens or hundreds of thousands of transaction per second and will have unlimited bandwidth when they upgrade to EOS technology next year. Exchange bitcoin - this is really a category bitcoin you find on each Exchange. this is a "casino chips" that Exchange give you to trade with their private server while bitcoins you must be stored with them sit in most off-line in the cold wallet. think of them as' the reception "or" ious "to real bitcoins. when you" cash out "Exchange retrieve your" chip "and send you a equivalent in the" real "bitcoin (BTC) - whatever the Exchange of consensus. because they can be exchanged for bitcoin, they actually is set to value bitcoin. bitshares open.btc - on the bitshares decentralized this Exchange substitution made explicit. Exchange that use bitshares blockchain as a general Ledger problem their trade chip as a user issued assets (UIA), which then free trade on blockchain without further Exchange involvement until it's time for cash out. this decentralizes everything except table party risks Associated with your Exchange entrusted to redeem uias in the end. because they can be exchanged for bitcoin, they are closely is set to value bitcoin. open.btc is a popular version issued by the openledger.info. bitshares bitbtc - bitbtc is" smartcoin "market pegged assets (MPA), which eliminates the need to believe Exchange to ransom coins. instead they supported by twice as many bitshares because this time required to buy bitcoin in the market - show all held in counter party risk-free escrow by bitshares blockchain itself. there is little fluctuations in price for supply and demand but solid floor 99% of the current price, secured by blockchain itself. speed of light bitcoin (lsbtc) - this is the third bitcoin born on large Fork August 1, 2017 by bitcoin segwit and bitcoin cash. it was originally called bitcoin American (btcx), but after a large Fork, Unfortunately, bitcoin will never American again. it is the biggest change and the largest increase in the third, improve bitcoin performance for unlimited scalability of bitshares / EOS technology. as bitcoin cash, every one of them are owned by the original owner in block 478558 - the only true source of legitimacy. as two brothers coins born on that day, it is free to trade and look for their own value relative to other people. the value is especially the ability to scale to deal with all the world transaction. thousands of today and hundreds of thousands of tomorrow as opposed, well, 28. when lsbtc there are almost bitshares blockchain waiting to bitshares holder to choose to Fork in the code release. that's" free fast bitcoins "campaign is all about. the time to rack and stack them. it's no contest really ... there you have it. here is a chart summarize them to the examination. each had this to use, but only one is likely to be very undervalued if and when approved to start trading - speed of light bitcoin may remain sleep for a few months. this is one to watch. bitcoin magnificent seven of the Gulf between slow bitcoin (10 minutes block, 28 transaction per second) and a quick bitcoin (3 two blocks and tens of thousands of transaction per second) would be great test is bitcoin coat will never be forwarded to the technology worth Satoshi original vision. but it's easy to say one with the largest market cap will aways holding the coveted heavy loads the title" bitcoin (BTC) ". well, let's hope that true! I claim heavyweight champ one day will be the speed of light bitcoin. you laugh? ... I smiled. check billionherocampaign.com website to understand why targeted 10x industry around the growth in new mainstream users, all the first trained there are about the fact shown here, which may not feel the need to use slow bitcoins much. what would 10x industrial growth users do to reshuffle existing standings in network effects?