Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP. [NooNooPol]
by
tvbcof
on 26/06/2015, 18:09:22 UTC
Let me preface my remarks by stating that I personally am fixated on keeping activity on the 'mainchain' as minimal as possible.  This to keep it super lite and the entire support infrastructure distributable mostly in terms of messenging bandwidth.  I want to minimize transactions.

I've claimed to you before that this is not necessary because the consensus design that solves the dilemma facing us now has none of the tradeoffs that cause you to wish for that. Your wish does not solve the dilemma. Please review the following post I just made today:

https://bitcointalk.org/index.php?topic=68655.msg11713418#msg11713418

...

Tangential skim.  From this note the above (and other things) my sense is that your ideas, priorities, etc, and mine are not well aligned in certain ways (which is fine.)

I am actually lukewarm about the consensus mechanism that Satoshi employed and see no magic at all the the 'blockchain' which is in a lot of ways a significantly inferior method of being a source-of-truth (though I find the combination to be an impressive achievement as evidenced by our conversation here today.)  Long story short, if you can improve on these things in some ways, great, but no great surprise.  Ultimately you need to piss or get of the pot and release your stuff in some manner or another in order for others (hopefully including those more competent than myself)  to do any real analysis of your ideas.