Post
Topic
Board Announcements (Altcoins)
Re: Nxt :: descendant of Bitcoin - Updated Information
by
utopianfuture
on 15/01/2014, 14:04:59 UTC
we have discussed this issue on previous on occasions...and i'm sure it will be solved but it's the same problem the internet has....i'm not smart enough to suggest any solutions for this one.

It's a different problem. With the general Internet, when illegal content springs up it can generally be dealt with (speed & mechanisms dependent on the type of content), and the rest of the Internet chugs along just fine. Systems that try to combat that (tor etc) do so with sophisticated techniques, and it's a cat & mouse game against the authorities.

Fact is, we are hosting a blockchain that allows arbitrary data to be stored in it, with no mechanism to remove it, and hoping that people won't take advantage of that in a way that harms us. Is that wise?



+1 Don't overestimate the load our blockchain can take as we may end up with 10G data file pretty soon. One reason Bitcoin devs don't want to implement any other features     because Bitcoin already reaches the 10G blockchain and almost maximum bandwith by doing only transaction processing. So now they decided to be a payment specialist only.

When we have asset exchange, plus messenger, voting etc and pyamnet system. We may do 10X the load Bitcoin is taking right now. Need to think ahead.

Ok so we can't implement all these features because of blockchain bloat. But didn't we tout these as the advantages and the reason NXT is far ahead of Bitcoin and now the bloat is the reason it won't be implemented? Huh?

Just use common logic. Features are good. We love features but don't kid yourself that you can get a fee lunch.

Fee lunch? I don't care about fees. It was promised that these features would be implemented with no mention of the blockchain size being a big road block. It's news to me what you just said.

Free lunch. The more features, the bigger blockchain. There are tricks to reduce that but the common sense is that if you want to put in a lot of furnitures, your house will necessarily be bigger.
now you heard it, don't complain later that no one told you.