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RE: Rallying for Bitcoin Private! Join the Movement Here!

in #bitcoinprivate7 years ago (edited)

So the benefits of the Bitcoin Private is that it's controlled by central authority, has less security, single developer, no censorship resistance and no store of value proposition.
It turns out that it's competing for medium of exchange value proposition, meaning in competition with altcoins at this moment. And when it comes to the altcoins, most of them are fast with low transaction fees and similar business model.
And whenever Lightning Network will be adopted by wallets and businesses, the transaction time and fees will be better on the Bitcoin.
All in all not sure what are you so excited for!

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exactly my thoughts.

Controlled by central authority Wrong There is no central authority for BTCP
Less security Wrong BTCP has the best security in bitcoin - ZK-Snarks Protocol
Single developer Wrong BTCP has SEVERAL teams of coders
No store of value proposition Wrong BTCP is the fastest, low-fee Bitcoin available

You like Lightning network so much? This coin has already been tested for Atomic Swaps, so stop fudding because your points were non-sensical.

So who is coding it? Please names!
How can it have best security with no hashing power and less block time?
And from what I can see, you don't understand what store of value means. Clearly coin with no security and questionable developer reputation can't be the store of value.
As far as Atomic Swaps go, plenty coins support it, not sure what's your point.

Downvoted: your replies have no supporting facts, only wild accusations.

Good luck spreading lies buddy. It comes back one way or another. If it's not up to me to open your mind, so be it!

Seriously....you downvoted someone for not sharing your point of view? Could you abuse power more? Seriously....this is stupid. You should not flag a man or downvote them for inciting debate and not sharing your point of view?

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