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A comment on One Tether Trader Didn't Cause the Bitcoin Bubble. Parent comment

Re:One Tether Trader Didn't Cause the Bitcoin Bubble by AlexCoventry on Tuesday November 05, 2019 @11:46PM (#21459786)
Discreet-log contracts are a miracle, but in the same way that a dancing bear is a miracle. There's no way they can compete with smart contracts on a platform designed with smart contracts in mind, at least on a technical level. (Maybe we'll all end up using discrete-log contracts and their descendants due to network effects, but I doubt it. Or maybe some richer zero-knowledge contract-enforcement scheme can be devised on bitcoin... Maybe.)
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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by grubles on Tuesday November 05, 2019 @11:58PM (#21459830)
Ethereum as a platform has made many bad design decisions. It's not really suitable for a lot of things; including, well, things it was marketed for (unstoppable, uncensorable, scalable applications).
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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by AlexCoventry on Wednesday November 06, 2019 @12:31AM (#21459972)
I'm sure something better for those design goals than Ethereum will come along, but I seriously doubt it's going to be Bitcoin.
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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by robcohen on Wednesday November 06, 2019 @04:06AM (#21460833)
Cardano, although still not ready for primetime, seems like a likely candidate. EDIT : I do work for IOHK and I am biased.
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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by grubles on Wednesday November 06, 2019 @09:32PM (#21469870)
Surely you haven't heard of Simplicity then. A potential replacement for Bitcoin's current scripting language.

https://blockstream.com/2018/11/28/en-simplicity-github/

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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by keymone on Wednesday November 06, 2019 @05:12AM (#21461164)
Bitcoin was literally designed with contracts (programs deciding transactions) in mind from its inception. Ethereum is just script kiddies piling JavaScript onto blockchain and calling it the greatest invention in human history.
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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by AlexCoventry on Wednesday November 06, 2019 @04:21PM (#21467470)
They're an afterthought in Bitcoin. Its main goal was to be a decentralized payments system.
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Re:One Tether Trader Didn't Cause the Bitcoin Bubble by grubles on Wednesday November 06, 2019 @09:29PM (#21469855)
They're absolutely not an afterthought in Bitcoin, and in fact some of the functionality of Bitcoin Script was disabled to prevent some of the disasters that have occurred due to poor engineering decisions in Ethereum.

https://en.bitcoin.it/wiki/Script

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