Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: So who the hell is still supporting BU?
by
Lauda
on 16/02/2017, 10:38:09 UTC
⭐ Merited by Foxpup (1)
I believe Bitcoin has a fundamental flaw, and that flaw is never addressed, so all these implementations are just a workaround that flaw.
What you believe has little merit because your knowledge is limited and this isn't based on academic research.

The flaw is that the nodes are not incentivized, and all money goes to a centralized miner cartel.
Please don't push the premined Trash coin (a.k.a. Dash) tech towards Bitcoin.

Now because of this the number of nodes are shrinking, and you need to artificially keep the computational resources low (including blocksize) in order to satisfy current nodes. It's just horrible.
Yes, shrinking hard. Roll Eyes


How are we going to get consensus in a decentralized system, where the point is to not have consensus, to prevent malicious hijacking.
See, your understanding of decentralized consensus systems is completely wrong. I don't understand why you are trying to push some 'opinions', 'agendas' or whatever they may be when you don't understand/know the essence. "The point is to not have consensus" is on a new level of absurdity. Bitcoin works right here, right now, because there is consensus. The whole point (in this content) is to have/achieve decentralized consensus which gives it strength.