BITCOIN 2.0 WILL BE A VERY BIG DEAL

TechCrunch columnist Jon Evans has written a new article on the emerging ‘Bitcoin 2.0′ phenomenon. He describes ‘strange, interesting, and wildly ambitious’ projects like Zerocash, Ethereum and Sidechains, and concludes that the next iterations of blockchain technology could be a big deal.
Using the ‘Bitcoin 2.0′ label is sometimes criticized, not last because, strictly speaking, we aren’t even at ‘Bitcoin 1.0′ yet (the current version of Bitcoin Core is 0.9.3). I think the critics are mistaking apples for oranges, because ‘Bitcoin 2.0′ doesn’t refer to a software release but rather (like ‘Web 2.0′) it refers to new conceptual developments and experimental implementations that significantly extend the flexibility, power, and ultimate utility of the underlying platform.

This post was published at Crypto Coins News on October 27, 2014.