WE need a faster bitcoin. Because we need people to invest in bitcoin, make it apart of their daily lives. Minute to minute.
We need stupid people like me and Mike Tyson, to buy bitcoin. Drive up that damn price. And Mike Tyson ain't got time to wait dem 10 minutes.
We need stupid people like me and Mike Tyson, to buy bitcoin. Drive up that damn price. And Mike Tyson ain't got time to wait dem 10 minutes.
What you are asking already exists: Just buy litecoin or dogecoin man.
LTC 4x block frequency / 4x capacity / cheaper to transact
DOGE 10x block frequency / 10x capacity / practically free to transact
Litecoin: not developed enough (merchant acceptance, users, services).
Dogecoin: basically a joke currency/for the fun.
And the solution is to change bitcoin's parameter with a TV-ads approach of "bigger is better" and "faster is better" pseudo-campaign?
So next thing we know, people will be forking bitcoin because
- it has small blocks that "don't scale" (fork already provided in the form of XT- check)
- it has 10 minute blocks ("should be 5minutes or 2 minutes, so we'll fork it for the lolz, because, yeah, people can't wait 10minutes or 60 minutes if a block is late... that can't rival visa that way"
- (once the price goes over 5-10.000$ and transactions are done in 0.00x - 0.000x btc) "it has too many decimals, most people don't like them, let's fork it with proper integer units to adequately reflect value!".
- it is very centralized due to asic manufacturers etc... "we need to shift from sha256 to an asic-resistant algorithm... we'll fork it right away".
- (after the block size increase doesn't provide adequate fee compensation for the miners): "We need to increase inflation to keep our network secure, so the 21m coin cap will be no more. The alternative of non-scaling can't be sacrificed, so we'll sacrifice the fixed cap. Fork it..."
No thanks. I prefer intelligent dialogue between the core team until they have consensus. This is a multi-billion project, you can't go like a raging bull around the place.
This fork is about bigger blocks, right now. Why keep pushing straw man arguments? It's not the last update to the Bitcoin protocol. It's not the final version of the Bitcoin protocol.
you dont know what you are talking about. pls stop. not here anyway.