Post
Topic
Board Bitcoin Discussion
Re: [POLL] Is bigger block capacity still a taboo?
by
Wind_FURY
on 17/11/2023, 13:37:56 UTC

As for Dogecoin, lol. If you believe anyone takes this seriously, then I don't know what to say.


Then you should start saying that to everyone on this board who suggests using dogecoin instead of Bitcoin for small purchases, and there is a ton of them trust me, you'll be done by the time the mempool is empty. And if you don't believe it:

https://bitinfocharts.com/comparison/transactions-btc-doge.html#6m
This happens every single time Bitcoin fees spike, thousands move to doge!
Is LTC also laughable, or does it simply work?


If you ask me, it merely tells us that there are times that there's too much demand block space. The congestion we're currently experiencing is not the normal situation.



Common this is so 640k RAM will be enough for everyone is getting old!
People torrent TB of data every day on their home computers and we're scared of 1TB of storage over a year for a thing that is supposed to threaten a trillion fiat-based economy. Seriously? Latency, data transfer, FML, you have tens of thousands of ....models.....live streaming in 4k but somehow it's magically impossible to push 10MB in 10 fucking minutes to every single hole in this world.

But Bitcoin is going to replace banks while serving 600k customers a day!  Grin Grin Grin

And furthermore, when some other coins manage to do the impossible, it's laughable! We're going to colonize Mars in 2240 and while beaming in one split second an entire cargo from planet to planet some will still say more than 4MB in 10 minutes it's technically impossible!

[/quote]

That's because that's what you believe. In my personal opinion, it's probably better to maintain its current course of development and value decentralization and security more than the accomodation of transactions through bigger blocks. Because technically, Bitcoin at its essence might not be a mere "consumer-product", or a network to "replace banks".

Plus do you actually believe a single decentralized database could process all of the trillions of financial transactions per day? No? Then use Netflix's centralized/federated data centers with their very-low-latency, high-rate-of-data transfer. That would probably fix the problem.