Post
Topic
Board Development & Technical Discussion
Re: Bitcoin cannot survive on transaction fees alone so why do we even bother?
by
ir.hn
on 21/12/2017, 04:34:25 UTC
Like I have said elsewhere I am a small blocker (45kb x 3.5 min) so I don't think you can claim I am furthering BCH.  I don't own BCH and I do own BTC.

I am for fairness and decentralization and the free flow of information and what comes from that is more knowledge and more ideas.

Please read my whitepaper on a new PoW method, I think you should find that yes I did solve the biggest problem in crypto previously unsolved.  The problem is that implementing it will be quite difficult.

A lot of people are talking down to me but none seem to be able to assuage my suspicion that splitting signatures from the UTXO merkle tree hashing will cause big problems since an obvious attack is to just stop verifying the signatures altogether.  If just one person finds this profitable to do then it will spread.  This could be helped by rich rivals in the cryptospace actually writing modified code that allows the miners to do just that, skip verifying signatures which may offer short term gains and long term suffering.  People do this everyday, just ask mcdonalds.