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> There is NOTHING that ethereum can do that you can't do with bitcoin. That is factually incorrect. Bitcoin is not turing complete, Ethereum is. Eg: You can't
by miscellaneous 11y ago
> There is NOTHING that ethereum can do that you can't do with bitcoin.
That is factually incorrect. Bitcoin is not turing complete, Ethereum is. Eg: You can't do loops in Bitcoin, you can in Ethereum.
Perhaps you are speculating about the potential capabilities of sidechains, but they isn't a reality at the present.
- kang 11y ago'Do with' not 'do in'. For example, there could be an ether-tcp that transports data using unused header bytes. Now factually you don't send data 'in' TCP header so TCP-ether might seem better, but actually you can send data 'with' TCP and thus TCP-ether is redundant. Think of any Ethereum usecase and you can do it with bitcoin.
- aakilfernandes 11y agox of 1,000 multisig, where each signature is controlled by a tradable token
- kang 11y agoSchnorr Signatures plus Colored coins
- wolfgke 11y agoAren't these extensions to the Bitcoin protocol (rather than core of it)? This question is curious interest, not a counterargument to yours.
- kang 11y agoVoice can be transmitted as packets using IP, but is VOIP an extension of IP or core use of it? Well, I guess we can call it either, because the end result is similar (but the side-effects are not).
- aakilfernandes 11y agoI am under the impression that colored coins can't be used as inputs in a multisig. Also, can you expand on Schnorr Signatures
- kang 11y agoThey can be, depends on how they have been colored. 1-of-4,294,967,296 multisig is doable in bitcoin theoretically using Schnorr signatures https://blockstream.com/2015/08/24/treesignatures/ https://blockstream.com/2015/08/24/treesignatures/
- ItsMattyG 11y ago>Think of any Ethereum usecase and you can do it with bitcoin. Yes, but it's a lot harder. Look at for instance the colored coins project vs. implementing a custom token on ethereum.