Hacker News new | ask | show | jobs
by PookTwo 4151 days ago
I disagree. I think that Counterparty adds value to the Bitcoin platform. I envision BTC almost being like gold, not something that will ultimately be used everyday. I think a token built inside of Counterparty will be that everyday used token.

Its kind of like the internet, the original value of the internet was to transfer files from point A to point B. Then came: email, the browser, instant messaging, online shopping, social media, streaming, ext.....

This adds additional value to the Bitcoin blockchain thus making it more desirable to have.

But i do agree that the miners should work on useless algorithms, that is the best way to keep it just and fair, but building applications inside of that is just fantastic