Post
Topic
Board Speculation
Re: Gold collapsing. Bitcoin UP. [NooNooPol]
by
tvbcof
on 23/08/2015, 23:12:38 UTC
I find it strange that blockstream hold up Visa as the holy grail in terms of transaction throughput and the need for Bitcoin to adopt sidechains so they can reach these levels.

 Cheesy

So many lines or worthless FUD and yet still not one fucking clue about what sidechains are about.

So sidechains are not about facilitating a greater number of transactions? Do explain. You sound like you are getting frustrated.

I have not performed a bitcoin transaction in over a year.  It is not an appropriate solution for any transaction I've wanted to perform over that time period.  I pay a .01 BTC transaction fee when I do because it was about right for the service I was getting.

I very much look forward to being able to do minor transactions in such a way that will not compromise the core Bitcoin solution.  As soon as a micro-tipping sidechain comes out, I will peg some BTC to it and transact frequently.  In this way, one on-chain transaction will represent thousands of real-life transactions.  As a side benefit, one will not be able to analyze my behavior just by reading the Bitcoin blockchain.