Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
adamstgBit
on 26/05/2016, 16:31:39 UTC

The most secure blockchain, the most ecosystem, and the most user base -- at least for the moment. My fear is that by driving transactions off the main chain, these advantages will be ceded to another crypto.

Well isn't this happening? Your big block pals are now crying that they cannot afford to send transactions.
They are under the impression that everything should be free. Kinda reminds me of the Bernie bots.


... it's not that the fee are too expensive, it's that they prohibit micro payments. and make TX fees unpredictable and in turn make TX times unreliable.
and moving TX off chain only removes miners fees revenue, somthing we should be looking to grow...

all the while we know 4MB or less is just fine, and won't hurt decentralization, and its more then likely that technical limit  will grow as improvements are made and internet speeds grow.

on top of all that, there's very strong evidence that miners would not push beyond the technical limit even if there was no arbitrary limit.

also, the idea of a central org dictating limitations is blasphemy!