Post
Topic
Board Bitcoin Discussion
Re: Simplistic fix for blocksize problem...
by
meyns
on 30/09/2015, 11:15:52 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?

What do you tell to the 150 000+ merchants that already adopted Bitcoin? There is also millions of dollars invested into development of Bitcoin based businesses.

Your solution sounds simple, but it's a lot more complicated than that. The alternative would be to just lift the block size a bit, and see how it goes. 

A lot of the merchants accepting bitcoin can already accept other altcoins.