/biz/ - Business & Finance

>>12778687
It's not Bitcoin or trying to be Bitcoin. It's just got the same stats as Bitcoin like reward per block and difficulty adjustments and so on. It's a Bitcoin-like token built on top of Ethereum. This means mining it is for distribution and isn't required to secure 0xBitcoin. That makes it immun to 51% attacks. You have to attack Ethereum to allow double spends on 0xBitcoin.

For the love of God why can't /biz understand this token. And by the way, there are many, many projects working to increase scalability for Ethereum. With the Constantinople and Serenity updates, the erc-20 token ecosystem will get a boost. State channels can be upgraded like Raiden and there are off-chain sidechains in the works. Pic related is from the contract deployer, Infernal Toast, whom is also working on Lava Wallet, an off-chain relayer network that helps non-eth holders pay for gas by paying a relayer in 0xBitcoin or other erc-20 tokens.

>>10196919
https://www.youtube.com/watch?v=BK68jbXOIWY&t=2s

EVERYONE WHO IS A PAJEET WATCH THIS. WHY ARE YOU NOT GETTING INVOLVED BIZ? CAN'T SEE THAT WHEN ETHEREUM GOES PROOF OF STAKE, 0XBTC WILL BE THE TRUE CURRENCY INTENDED FOR THE NETWORK ALL ALONG.

THIS IS NOT JUST A SHILL, BUT ITS FACT.