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RE: Bitcoins Team Makes Their Graphene... But Bitshares already Has It.. WTH ???
Bitcoin is playing catch up to many other blockchains in terms of some of the abilities it has. However, since it is the big cheese, it is afforded the time to play catchup.
That is why many are calling for the demise of BTC since there are other blockchains that have more features are pre-mature. Bitcoin will be able to correct a lot of that with time.
A project is driven by it's community and the BTC community isn't the best in blockchain. It's more like the USSA of the crypto-sphere. BTC have a history of hostility toward protocol level upgrades. They debated for 2 years about a simple block size increase (while Dash handled it all in a matter of days.)
I don't think BTC will ever catch up. It's like expecting United States to become like Singapore/Switzerland/Estonia. Theoretically possible; but won't happen.
Btc has too many politics. It easier with a smaller community to decide matters. But the forks are a good thing. That way more like minded people are able to make decisions. Bitcoin cash= got rid of bitcoin unlimited
Bitcoin gold= got rid of some antiasics people
Segwit2x(if it get the btc name the rate its going it has now a 50% chance) will get rid of mb blocks and segwit supports
bitcoin core= get segwit updates
It not the best but the forks are good for bitcoin as long it has a good enough reason
We don't need smaller communities. We need governance models. Dash started this with masternodes. Bitshares, steemit and upcoming EOS will have DPoS. PIVX and many other cryptos also have governance models to make decisions.
I agree that the forks had many positive effects. Personally I support BCH and nothing else. BCH is simple good old Bitcoin with proven scalability. It just increased the block size after a great long struggle and we again have a fast and cheap Bitcoin.
But the main point here is that with the block time of Bitshares and InstantSend of Dash and PIVX the future roadmap with things like lightning networks is nothing but an unnecessary joke. I mean why the hell do you need some off chain thingy when you can have Tx under 2 seconds at ultra low fees at the protocol level?
Implementing governance into Bitcoin is like changing tires of a moving car. It's not impossible in absolute terms; but not a good plan. That's why I consider Bitcoin as the Minimum Viable Product/Prototype of blockchain.
I personally like segwit and bigger blocks. I saw a coin with a 10mb block and segwit. Segwit is like improving transaction by bring back the idea that all bitcoin are bitcoins. Segwit improves transactions by making the load lighter aka segwit and Schnorr signatures and then go to the main blockchain. With a bigger block as well transaction are fast.
In cauda venenum