Post
Topic
Board Bitcoin Discussion
Re: Do you want to pay the fee?
by
Cryddit
on 24/11/2013, 18:22:54 UTC

You cannot simultaneously complain about:

* Why do we pay fees?, it should be free for me,
* Why doesn't my transaction confirm? and,
* Why does the blockchain of all transactions take so long to download.


Well, you can acknowledge that these are pain points that anyone considering a new design should try to minimize.  But for Bitcoin as it exists the relationship between these are a thing that cannot be changed without radically changing the design.

If you want to create an altcoin that actually contributes something to human knowledge and capability, provides new capabilities that might be taken up into Bitcoin, and isn't just  some derivative farting around, pump-and-dump crap, find a good design solution to those three (or even any two of those three) problems and test it thoroughly in an alt-chain.

We should be striving to fix the design problems in Bitcoin, if we truly want it to dominate.