Post
Topic
Board Bitcoin Discussion
Re: ToominCoin aka "Bitcoin_Classic" #R3KT
by
forevernoob
on 26/05/2016, 17:15:32 UTC
... 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!  

And why do we need micro payments on the blockchain? You can use payment channels for that. There is no need to bloat the blockchain for that.
TX fees are not unpredictable. I have sent hundreds of transactions with a fee of around 0.00001. That's a few cents.


What an incredibly moronic, toxic community this place has become. All over a disagreement on how bitcoin should scale.

There is no reason to tell someone who disagrees with you to go use another coin. That is incredibly immature and divisive... I can only conclude that this community is made up of a mixture of zealots who want to prove themselves right at all costs and asinine morons. Or so it seems from the last 20 pages of this thread or so.

The level of ignorance, vitriol and fanaticism being displayed here is rather disheartening to say the least.

Those who support bigger blocks should not be treated with disrespect merely for supporting Satoshi's original vision for on-chain scaling procedures.



I don't want to kick anyone out of Bitcoin but I suggest you should start looking into alt coins if you want to make micro transactions on the blockchain.
Why should you use Bitcoin if you don't like it?