Post
Topic
Board Development & Technical Discussion
Merits 1 from 1 user
Re: Ordinals and other non-monetary "use cases" as miner reward on 2140+
by
MeGold666
on 04/07/2024, 12:00:34 UTC
⭐ Merited by garlonicon (1)
It will never occur if there is such a burden in verification, that's what I'm talking about. All of that, under the impression that you'll either run your own node or use a solution like Feather, but by still checking every transaction until your wallet's block height.
So you don't believe in that computer will be faster 20 years from now ?

But, besides that part, it still cannot work for point-of-sale. No person will wait for 2.5 minutes in the line, just for their transaction to confirm. Transactions must complete instantly, which implies the existence of a second layer.
Monero has 0-conf transactions, it takes not more than 3 seconds after hitting enter for my transaction to be confirmed when I'm paying for my dedicated server on impreza.host
You can't do this with Bitcoin due to RBF.

Lightning Network is not suitable for global adoption, and I don't remember it ever being portrayed as the ultimate solution to scalability
This was the notion for so many years you probably forgot, to this day uneducated people will say LN as the answer to any Bitcoin issues.

I have already mentioned that I don't want to continue this discussion, mainly because it's exhausting talking with people like you who didn't do their research and continue to talk about problems they don't understand.

Cheers and goodbye  Wink