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replied 1731d
We don't have those capabilities even if someone wants to build it. You can't do governance token here for example or anything complicated
replied 1731d
‘Don't go chasing waterfalls...’
..is it worth *competing* with ETH on this? ETH cannot compete [currently] with BCH on micropayments. Play to our strengths...?
replied 1731d
..besides, there’s a limit to what smart contract capability can achieve without compromising speed. Might not a layer 2/side chain achieve more (than even ETH) in this regard?
replied 1731d
I'm actually thinking about a layer 2 for smart contracts which doesn't require protocol change. It's a very interesting idea but too expensive to implement here.
replied 1731d
Yes you have good points. I think about it a lot that what are BCH strengths that can amplify users utility more than just payment. I think SLP and NFTs are the answer.
replied 1731d
But BCH protocol limit possibilities a lot. Many ideas which leads to community votes doing something (managing the supply, algo, etc) are kinda impossible.
replied 1731d
On a side note, i seem to remember we debated something similar here a year ago, except from opposite positions. Mine was 'BCH needs to pursue this [smart tokenisation etc]' and yours
replied 1731d
| was 'It's a distraction, Ethereum is way a head in that '.
replied 1730d
Hahaha was it? I think it was before DeFi change my mind. I just think if you can't compete with that you will be removed. People put their money were highest utility is.