Post
Topic
Board Bitcoin Discussion
Re: Mempool if full, but what does that actually mean?
by
DooMAD
on 17/11/2022, 20:07:15 UTC
you do not want the masses of say unbanked people using bitcoin

I want the unbanked to be able to run a node.  That still qualifies as part of "using Bitcoin" in case you had forgotten. 

I want a balance between affordability to transact and affordability to have privacy  (which is something SPV cannot offer to the same extent as running a node).

You clearly have no interest in privacy and it's not like I'd expect you to understand or respect the feelings of others.  That's not one of your strong suits.  Probably never will be.  So you'll just keep pretending that no one else cares about privacy and that everyone thinks along the same decidedly narrow lines as you.  And that's why you'll continue to be "wrong because franky".


YOU have said YOU dont want to se people using bitcoin for coffee amounts
your ignorance does not realise those ~$3 coffee amounts are weekly wages for the unbanked

I'm happy for people to send "coffee amounts" if that's what they want to do.  However, if you want access to the most secure blockchain on Earth, that level of security has to be paid for.  That's just supply and demand.  You want something cheaper, you make that compromise by having less security. 

I get that you're a lefty socialist type (and I have no problem with that, because I'm one too in the realm of fiat).  I understand all too well the ease with which you could apply that same socialist mindset to Bitcoin, but I assure you it won't work.  Bitcoin is fundamentally neutral.  It will resist gravitating to either hard left or hard right economic theories.  Bitcoin won't give discounted tx fees to those who might face low incomes, poverty or financial difficulty.  I'm sorry if it doesn't work that way.  Either come up with something better or accept it for what it is.

Every Bitcoin node on the face of the planet has now been in a position where at any point in the last 7+ years, it could have shifted to running code that would permit greater on-chain throughput.  The vast majority have declined that opportunity.  Until that changes, you aren't getting what you want.  Shoot the messenger again if you like.  Make out like I'm the villain.  I'm only telling you how it is.  If you want the situation to change, the onus is on you to come up with a better proposal.  Nothing you've said in the last 7+ years has resulted in you getting the level of throughput you desire, so I don't know why you keep expecting to get a different outcome by repeating the same things over and over.  It's beyond absurd at this point.


as for the hardware requirements of being a node runner
i have never said get bitcoin into a position that only big businesses can run on large servers..

Don't mince words.  You've made your views clear.  I'll leave these following quotes without comment for others to make their own conclusions on how important you feel it is for the financially vulnerable to be able to have access to the benefits of security and privacy which running a full node confers:

b. not everyone NEEDS to be a full node
c. it would mainly be businesses and enthusiasts that NEED to run full nodes
the way i see it is that not everyone NEEDS to be a full node. so yea people can use lite wallets.
the way i see it if you only have balance to only b spending occassionally (once a week) you dont need to monitor every transaction there is all day every day, all you really care about is that your transaction exists. so being a full node is not an essential need.

where as businesses that NEED to monitor hundreds/thousands of transactions they are personally involved in have personal reasons to NEED to be a full node.

also those few people that have slow internet because they are home users actually bottleneck the propogation. and thus they are not helping the network. so just being a full node for the sake of thinking they are helping, is actually doing the opposite.
those only getting paid once a month and only wanting to use bitcoin just to buy groceries to be delivered next day, can just use spv wallets. not everyone needs to be a full node and monitor ~2000 tx every 10 minutes if they are only personally involved in 1 tx a day/week

if you are a business NEEDING to be monitoring more than just a couple addresses. then you probably for other business purposes have your computers on a 4 year tax deductibles set-up where you replace equipment. and you probably hav a business internet plan. rather than a home user plan
not everyone needs to get fully set up with bitcoin. just the ones with large amounts invested.. for instance if you have under 1btc, i see no point going full bitcoin-core..