ANDREW BARISSER DEFENDS THE PURE BITCOIN BLOCKCHAIN
Andrew Barisser of Assembly Coins makes strong arguments for building on top of the pure Bitcoin blockchain, rather than creating alternatives.
Recently he wrote an open letter to Reddit, where he argued that Reddit should stick to a pure Bitcoin blockchain approach to building their planned cryptocurrency initiative, rather than going sidewise with alternative approaches. Now, probably prompted from the recent news about the Medici stock exchange that is being developed with Counterparty technology, Barisser wrote a post to criticize Counterparty.
Barisser praises Counterparty’s ‘sophistication which unambiguously demonstrates the intelligence of its creators: very smart people who have ambitiously tackled difficult problems.’
This post was published at Crypto Coins News on October 10, 2014.