So you think that if you buy a $2 coffee in Starbucks this transaction should be registered in all computers running bitcoin in the world? Inegociable?
This is what makes zero sense to me.
This is what makes zero sense to me.
Weird, so Satoshi was wrong now:
Forgot to add the good part about micropayments. While I don't think Bitcoin is practical for smaller micropayments right now, it will eventually be as storage and bandwidth costs continue to fall. If Bitcoin catches on on a big scale, it may already be the case by that time. Another way they can become more practical is if I implement client-only mode and the number of network nodes consolidates into a smaller number of professional server farms. Whatever size micropayments you need will eventually be practical. I think in 5 or 10 years, the bandwidth and storage will seem trivial.
The moment your 5$ has a priority over my 2$ then you have turned Bitcoin into a Fico Score machine!
And who decides what's the "importance limit" in it?
Who decides what's "important" enough to mandate space in the blockchain?
Should consolidations be allowed, since they are obviously useless in terms of space used?
Should conjoins be allowed since they are just eating up space?
Should we put a $100 limit on each output to prevent dust?
Or how about this, we should recreate all the blocks that keep satoshidice records, why should those spam tx be held there for decades when it's just useless back an forth movement of coins?
And use second layer (like LN or other)for small tx
And what was Satoshi's opinion about LN?
