Bitcoin Forum

Can we all just agree on a date to withdraw our coins to wallets installed on our own computers so they are not on the internet, and flush the blockchains? I personally keep my coins on my laptop almost always in order not to contribute to the blockchain weight.

This could even become a monthly event so the blockchain could never fill up all the way again?

The block size is around 990 kB for some time now. It would be better if the block size capacity to be increased so that we can have faster confirmations.

Apologies... I do not understand how this will help the blockchain. I thought the "coins" are recorded in the blockchain. How do we withdraw them onto our PC??

you do realise bitcoins aren't physical things... right??? Bitcoin is a public ledger... A database that records all inputs and outputs, so 'storing' your coins on a local 'wallet' would actually make the problem a tiny bit worse, since the transactions generated to transfer the coins from a web wallet to a local wallet would also take some space in the blocks (the ledger, the database)
The thing your wallet does is controlling the private keys, calculating wich inputs to use to create outputs, calculating fees, keeping tags and notes, it does not physically store your bitcoins... Technically, a bitcoin doesn''t even exist, it's just a bunch of inputs.

I just hope you were trolling when you made that post

I've found Multibit wallet very easy to use (the previous version was easier to use, the new HD version is confusing), although it uses Java which I understand might have security issues but I haven't had any problems so far.

just use Electrum, it is so much better than multibit HD.

i prefer it very much more than multibit. in fact i switched to electrum when multibit developers decided that it is a good idea to make money from their open source wallet by adding an additional fee to it.

This would only make it worse.

The problem is not "bitcoins being on the Internet" in fact, bitcoins don't exist at all.

You don't have Bitcoin on the Internet, you don't have Bitcoin in your computer, no one has Bitcoin anywhere.

The only Bitcoin there is, is a proof of transaction. And it's those transactions that pile up in the network, and you don't fix having too many transactions by adding even more transactions. It doesn't matter if you "store" your Bitcoin on a paper Waller or on the Internet or offline. Because you don't actually store them anywhere. You're only storing the keys.     

The only thing we can do to fix it, is making the bkocksize bigger and/or have more efficient methods of transaction. Because right now we can barely have 3 transactions per second, and that's just not enough to handle the millions of users Bitcoin has.

You have mixed the concepts dude, if bitcoin are in your laptop then it means that are in a wallet which is synchronized with blockchain. But what makes blockchain to be full is the number of transaction that are made every seconds. The solution for this is firstly increasing the blocksize probably to 2MB or more.

What did I just read?

https://i.imgur.com/iWKad22.jpg

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OP, please read the following: Still Don't Get Bitcoin? Here's an Explanation Even a Five-Year-Old Will Understand (http://www.coindesk.com/bitcoin-explained-five-year-old/). Please do not make additional thread based on assumptions and please start asking question since it is obvious that you understand almost nothing.

No. That is not a solution. Stop posting false information.

This must be a bought account... How can you be into Bitcoin for 2.5 years and not know how it works?

https://i.imgflip.com/15xmj4.jpg (https://imgflip.com/i/15xmj4)


In the span of 10 minutes I already caught you sig spamming 3 times.Please refrain from making posts which you don't have a slightest clue about.

you are either a noob who bought an account and doesnt understand bitcoin
or your satire has gone too far

I have a better idea .
Let's send all mining in orbit .
Then the block chain will be weightless  ;D

Give it up Franky, you'd be more than happy with the OP's bizarre nonsense if you thought you could get what you wanted out of it, you're no stranger to twisted logic and non-sequeturs.

Your trolling account is deader than the dinosaurs, as is your world view. Posing as a "concerned Bitcoiner" is getting you and your nasty little agenda precisely nowhere, your only friends are your fellow sock puppets. Let it go. You failed.

I was anti-OP until I read Frankys comment. 

Carlton -1
Frankie -0

Get your coins off the internet now!!!!!

Not sure if this is a bought account or OP just went full retard on this one because exactly how do you not know Bitcoin with a little over 2 and a half years of activity in this forum.

What confuses me is why you are writing nonsense when you aren't even in a signature campaign.