Hey everybody. I haven't posted on this forum in a few months, but I wanted
to contact this community about something really important.
First, I'm sure all of you know what bitcoin is, so I won't explain what
"cryptocurrency" means. Anyway, over the past year or so, many people who
have never used free software before started to use bitcoins. I'm sure they
were amazed out how powerful democratic consensus can be when combined with
free trade and free software.
Unfortunately, I think almost noone realized that the reason bitcoin
succeeded is not because it's just that great. It's because it built on the
free software and information that came before it. Because these people do
not understand that they shouldn't expect its future to mimic a stock,
company, or "software product". they ignore the other currencies that have
been created. A handful of these new peer-to-peer technologies have made
crucial innovations that, honestly, render bitcoin obsolete.
I would like to encourage all the activists that read this thread to
investigate all that is happening in the cryptocurrency world. It is really
our responsibility to help as many people understand what it can mean to the
world.
Second,
to those of you who already know about Peercoin and it's proof-of-stake
protocol, I would like to make sure all of you know about what is happening
to one of its forks, Yacoin. Despite its unusual name, I can assure you that
its technical features (like its dynamic mining algorithm, first of its kind)
render it the most viable cryptocurrency yet made. It has the potential to
have a more decentralized distribution and function than any other kind of
money, electronic or otherwise.
Right now, several things threaten its success. Cryptsy has removed it (for
no apparent reason, which makes conspiracy theorists like me raise an
eyebrow), trolls hate it, and almost no one knows about it.
While it is undeniable true that I have financial incentives to talk about
it, I hope your social ideals drive you to learn more.
Thanks for letting me rant. And remember, as soon as something
technologically better than Yacoin comes along, I will most certainly
upgrade, even if it means losing money.
- [Trisquel-users] Anybody ever heard of Yacoin? hharding04
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