Meanwhile, just allow it to exist, be maintained, and be transmitted in a reasonably practical time period (half an hour is fine). Impatient ? Use an alt (who's value is backed by bitcoin).

Bitcoin will never compete with the alts on "features and functions" but the alts will never compete with Bitcoin on value because ultimately it's Bitcoin's value that endorses them (Just look at all the exchanges - everything is priced in BTC). That's where this industry is going.