Quote from: casascius on December 21, 2017, 10:38:09 PM

Quote from: nullius on December 21, 2017, 09:40:13 PM

Objectively, neurotypical users will be helped by an error correcting code which permits software to point out to them where they are likely to have made a mistake.

...

As such, I dont get your comment about altcoins. Bitcoin leads the way here, again.

Neurotypical users will probably applaud having the transaction fees back under $1 before they give accolades for typo correction. Core will lead the way in most efficient usage of pixels in a QR code, while economic forces make winners of the alt coins that dont charge $30 in fees to do a simple transaction.

I wonder what will become of the Core blockchain when the miners defect to a more profitable chain that is still useful for payments and never come back. They wont come back until its profitable but that never happens because no one will buy Core coins while 1MB blocks are hours or days apart with the next difficulty adjustment suddenly becoming months away. In such a scenario no transactions can confirm for anyone besides millionaires insensitive to astronomical fees theyll pay in the absence of any other choice. And at that point, Bitcoin led the way becomes the more popular consensus.

Uh-huh. Okay, I got it nowloud and clear.

Myself, I would applaud having free chocolate cake and a Porsche. But there is a word for people who expect to consume precious resources without somehow paying for them. The word is not neurotypical; the word is retarded.

Byzantine fault-tolerance is costly, and proportionately so as to the actual usage of the network. Therefore, amongst cryptocurrencies thus far, the choices are these: (0) Centralized, popular, and cheap. (1) Decentralized, unpopular, and cheap. (2) Decentralized, popular, and expensive. Those, plus all similar variations except for decentralized, popular, and cheap.

Thus far, all Bitcoin competitors with low fees have either a relatively much lower demand for transactions (unpopular), actual or potential centralization, or both. Bitcoin also had low fees when it was unpopular. After Bitcoin beats down a few more attempts at centralizing hostile takeover (as it did last month, too), Lightning will see Bitcoin lead the way, yet again; but meanwhile, loudly wishing for decentralized, popular, cheap on-chain does no more good than my sincere wishes for a Porsche. Right now. I want, gimme! The address is in my signature.

But surely, the average deadweight mass of gelded cud-chewers dont much care about decentralization. Theyll take Visa Platinum, Mastercard Platinum, or Bitcoin Platinum With Ponies; and its all the same to them. Theyll also use Google and Facebook without a second thought, no matter how much you scream at them, You are the product. They give never a thought to Cloudflare. They want their dancing pigs; and they want that fast and cheap, the latter only being evaluated through the myopia which sees no hidden costs. Insofar as I must deal with that type, the blissful slave, my objective is not to cater to them, but to persuade, cajole, or shock-prod them where I need them to go.

But of course, youre not exactly new around here. You knew all the foregoingexcept perhaps that last, which is personal as to me. For my part, I suppose that I learn something new every day.

As for this:

Quote from: casascius on December 21, 2017, 10:38:09 PM

[...blah...] Core [...] 1MB blocks [...blah, blah...]

FYI, Bitcoin no longer has 1MB blocks:

Code:

/** The maximum allowed weight for a block, see BIP 141 (network rule) */
static const unsigned int MAX_BLOCK_WEIGHT = 4000000;

HTH; after all, its still the Technical forum, no matter how much junk I trip over here nowadays.