Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
iCEBREAKER
on 09/10/2015, 23:13:49 UTC
You think that most people should rely on off chain solutions? Needing third parties in order to transact in Bitcoin defeats part of the purpose. We should be able to use the Bitcoin Blockchain directly, off chain solutions do not truly increase the throughput of the Bitcoin blockchain.

Nowhere did I say "most people should rely on off chain solutions."

SC/LN do not require trusted third parties, and they do truly increase the throughput of the Bitcoin blockchain.

They are third parties, and they do not increase the throughput of the Bitcoin blockchain directly, even larger deployment of SC/LN would still require a larger blocksize to support this in the long term.

I like the lighting network however I am skeptical of side chains due to them being to complex. Either way the blocksize still needs to be increased.

"trusted third parties" != "third parties"


EG, sidechains' two-way pegs are in the code/blockchain, not some centralized authority.

You lost the Battle of the Blocksize, and you will continue to lose the Bitcoin Civil War.

The Gavinista suits their Redditurd Army have no hope against the cypherpunks and radical individualists.  We shaped the battlefield long ago; your defeat is assured by math and the physical properties of the universe.  As well as your obsequious, yet easily irritated nature.

Quote

Perhaps it is cruel to continue poking you dumb animals with sticks just to watch you rage and foam.  Nah, it's the only way you'll learn!   Wink