Post
Topic
Board Bitcoin Discussion
Re: Simplistic fix for blocksize problem...
by
ranochigo
on 30/09/2015, 08:20:46 UTC
There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions;  just use a frikken altcoin thats based around speed....

That is all.  Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?
Bitcoin currently have much more stable value than alt coins. Many merchants only accept Bitcoin via bitpay or coinbase, asking people to switch to altcoins would not be a solution as their POS options is severely limited. Also, with the high hashrate of Bitcoin, it would be much more expensive for people to attack it instead of Bitcoin.