l7l7l7l7
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April 12, 2015, 02:38:57 AM |
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Would it be possible to have the transaction fee vary based upon how much data that was included in the blockchain? If people wanted to use the blockchain for other purposes then they user would have to an extra fee to miners for the bloat. Not sure if possible or other downsides.
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BitcoinNewbie15
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Activity: 574
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Bitcoin isn't a bubble. It's the pin!
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April 12, 2015, 02:44:18 AM |
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If i could put one feature into bitcoin, it would be to somehow allow a "contact page" where i can find my contacts and instantly send BTC to them without having to find and enter their address everytime. Now, im not sure if this is something that would need to be changed in the bitcoin protocol, or if it is just something a wallet can implement.
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fox19891989
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April 12, 2015, 02:51:49 AM |
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Must be faster confirmation time. Current BTC has average 10 minutes block time design, it is obvious that Satoshi underestimated the btc's future. If it is reduced to 60 s like dogecoin, BTC will be more widely used. More public companies would hug BTC.  |
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TippingPoint
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April 12, 2015, 03:30:01 AM
Last edit: April 12, 2015, 03:45:04 AM by TippingPoint |
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A built-in Bitcoin lottery. By default, every Bitcoin transaction over a base amount* would give the sender an entry into The Official Bitcoin Cryptographic Lottery that is awarded every 2 years. Funded from a micro-tax on qualifying transactions. Senders could check a box to opt-out if they want. International. Transparent. Publicity generating. No administrative fees. Would encourage people to download wallets. Would encourage people to fund wallets. Would encourage transactions.
*micro transactions would not be taxed and would not earn an entry
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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April 12, 2015, 03:39:23 AM |
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Pretty easy question here, i would ask him to make such changes, that address 1MZvjgQFQdAUUx5n6Prxw4oGuRycVmaZYR has 5 digit number of btc to its name  I think its only fair that this should actualy happen, since we all love tampering with bitcoin protocol..right.. On a more serious note,i would implement address "blacklist", where btc addresses used for extremely wrong purpuses could be ignored by the whole network. even tho something like this would have to mean another bitcoin fork, i would want an option that would NOT require one. cheers |
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R2D221
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April 12, 2015, 04:35:40 AM |
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Must be faster confirmation time. Current BTC has average 10 minutes block time design, it is obvious that Satoshi underestimated the btc's future. If it is reduced to 60 s like dogecoin, BTC will be more widely used. More public companies would hug BTC. No, no, no. You're still not understanding it. Bitcoin confirmations take ~10 minutes, yes, but for most transactions, merchants can (and do nowadays) accept unconfirmed transactions just fine. |
An economy based on endless growth is unsustainable.
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Amph
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April 12, 2015, 07:10:42 AM
Last edit: April 12, 2015, 05:36:19 PM by Amph |
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Must be faster confirmation time. Current BTC has average 10 minutes block time design, it is obvious that Satoshi underestimated the btc's future. If it is reduced to 60 s like dogecoin, BTC will be more widely used. More public companies would hug BTC. No, no, no. You're still not understanding it. Bitcoin confirmations take ~10 minutes, yes, but for most transactions, merchants can (and do nowadays) accept unconfirmed transactions just fine. yeah ok, but it's not the safest thing to do, unconfrimed transaction are pretty risky, especially if they are big value transaction they are subject to finney attack |
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ashour
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April 12, 2015, 07:28:21 AM |
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the only thing that i want right now, is a faster confirmation, i'm not sure how the miners feel about receiving a block every...let's say 1 min(like doge)
but it would require reviewing the block structure and reward....too much of an hard fork i guess
Exactly, faster confirmations times would make bitcoin more useful for real-life usage and other services. |
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R2D221
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April 12, 2015, 05:13:56 PM |
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Must be faster confirmation time. Current BTC has average 10 minutes block time design, it is obvious that Satoshi underestimated the btc's future. If it is reduced to 60 s like dogecoin, BTC will be more widely used. More public companies would hug BTC. No, no, no. You're still not understanding it. Bitcoin confirmations take ~10 minutes, yes, but for most transactions, merchants can (and do nowadays) accept unconfirmed transactions just fine. yeah ok, but it's not the safeft thing to do, unconfrimed transaction are pretty risky, especially if they are big value transaction they are subject to finney attack Most transactions are not risky (a Finney attack is more expensive than a cup of coffee), but if you're buying something really expensive (like a car), all the paperwork will take more than 10 minutes anyway. |
An economy based on endless growth is unsustainable.
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Cryddit
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April 12, 2015, 07:13:09 PM |
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Also faster blocks tend to result in more orphan blocks and centralized mining, because it makes the delay for crossing the network more significant relative to the block time. Ten minutes is a decent compromise, actually.
And for TaPoS developments, you need block times AT LEAST that long to try to collect enough transactions in a block to get the variance down somewhat to something more consistent and less easy to manipulate. But I don't see Bitcoin going that direction.
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