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Author Topic: if you could change one thing about btc, what would that be?  (Read 3035 times)
sambaevida (OP)
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October 20, 2016, 10:36:51 AM
 #1

if you could change one thing about btc, what would that be?
Would you make it safer?
How would you develop the btc trading?
BTCLovingDude
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October 20, 2016, 10:44:55 AM
 #2

if you could change one thing about btc, what would that be?

i think like many others i wish bitcoin had faster transaction times. but wishing is not changing. because changing things like the time between creation of blocks and many other things would mean sacrificing a lot of other things.

Quote
Would you make it safer?

bitcoin is as safe as it gets. Cold Storage means maximum security you can ever hope for.

Quote
How would you develop the btc trading?

trading has nothing to do with bitcoin so it is a little strange asking it among these questions.
the change that trading requires is becoming "decentralized"

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October 20, 2016, 11:12:52 AM
 #3

The only thing I would like to change about bitcoin is that there should be any solution for delay in confirmation time as it is very frustrating to keep on waiting when you need money urgently.
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October 20, 2016, 11:15:04 AM
 #4

I would change that the price would not be that stable anymore because with the price being stable bitcoin becomes really boring and there is not much to do at this point. I would not know how I would do it but I would make sure that the value of the bitcoin would change more often.
You then give people the chance to make some more money more often.
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October 20, 2016, 11:21:10 AM
 #5

if you could change one thing about btc, what would that be?
Would you make it safer?
How would you develop the btc trading?
if i could any change than i will make a way that will allows us to make instant deal at the trading sites .
i mean i will make remove the confirmation system in the bitcoin to make instant deal or buy sell of altcoin in the exchnge sites .to make trade fast amd safe .

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October 20, 2016, 11:21:41 AM
 #6

First of all a new, redesigned Bitcoin should have some kind of AI to ensure that socialists and fiat money speculators are excluded from usage... Cheesy

Joking aside, I think the most important aspect that I'd like to see being changed is confidentiality of transactions. Right now, Bitcoin payments are only pseudonymous and once addresses get deanonymized it is very easy to reconstruct the entire transaction history of a user. It's also problematic in regard to Bitcoin's fungibility, because blacklisting of coins could be easily established by tracking coins of "bad origin".

I really hope that Bitcoin improves in the privacy field, because it may become necessary for its survival when governments and central banks are getting desperate, seeing their fiat scam monetary system collapse...

ya.ya.yo!

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October 20, 2016, 11:24:55 AM
 #7

I would want someone to make it ASIC proof and for everyone to be able to mine. It would have been great to have household items mining bitcoins, like the processor in your TV and computer. We would have had less centralization in the mining scene, and mining farms would have had to fork out much more money to mine on a huge scale. ^smile^

Bring back Solo GPU/CPU mining for the masses. ^smile^

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October 20, 2016, 11:25:06 AM
 #8

if you could change one thing about btc, what would that be?
Would you make it safer?
How would you develop the btc trading?

the only thing that makes me mad sometimes is the confirmation times but that is not so serious so i wouldn't really ant anything changed with bitcoin.

First of all a new, redesigned Bitcoin should have some kind of AI to ensure that socialists and fiat money speculators are excluded from usage... Cheesy

in other words you would make it centralized Grin

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October 20, 2016, 12:01:41 PM
 #9

First of all a new, redesigned Bitcoin should have some kind of AI to ensure that socialists and fiat money speculators are excluded from usage... Cheesy

in other words you would make it centralized Grin

Wrong. An AI implies that there is algorithm that decides autonomously what kind of users are entitled to use Bitcoin. It could be implemented as some kind of malignance / dumbness filter that is established via neural network learning and detects certain usage patterns that belong to socialist and fiat money speculators ("traders").

For example, socialists are likely to hold minuscule amounts of Bitcoin and have a high probability to generate spam transactions, paying insufficient fees. The redesigned Bitcoin could also feature a bitcointalk forum scanner that automatically links certain addresses with socialist / bigblock propaganda and/or trading drivel. In turn, spending from identified addresses would be blocked and all funds would be automatically redistributed as additional miner rewards for newly generated blocks.

Cheesy

ya.ya.yo!

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October 20, 2016, 12:03:28 PM
 #10

if you could change one thing about btc, what would that be?
Would you make it safer?
How would you develop the btc trading?
None i will not change everything about bitcoin and i enjoying using it if there an time that i could bring the time back that's on gambling to chase my profit and to know to play lots of bitcoins and i will be rich for sure. Kidding i love every piece of bitcoin and tradings  Kiss
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October 20, 2016, 12:18:52 PM
 #11

I would change that the price would not be that stable anymore because with the price being stable bitcoin becomes really boring and there is not much to do at this point. I would not know how I would do it but I would make sure that the value of the bitcoin would change more often.
You then give people the chance to make some more money more often.

everybody wants a more exciting price which is also preferably only a rising price and never comes down.
but sadly this is not something we can change and it is more of a investors decisions to buy or sell and make it volatile or stable.

Buying the dip...
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October 20, 2016, 12:19:47 PM
 #12

i do not want to change anything from bitcoin
but if i can change it i will change bitcoin easy to get with big amount
without hardwork but its impossible
for now bitcoin already perfect for me no need to changed

That's true bitcoin doesn't need any change or major improvement in it at this stage as its already been benefiting in many ways and whatever qualities it holds is simply enough for me.

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October 20, 2016, 12:36:19 PM
 #13

First of all a new, redesigned Bitcoin should have some kind of AI to ensure that socialists and fiat money speculators are excluded from usage... Cheesy

in other words you would make it centralized Grin

Wrong. An AI implies that there is algorithm that decides autonomously what kind of users are entitled to use Bitcoin. It could be implemented as some kind of malignance / dumbness filter that is established via neural network learning and detects certain usage patterns that belong to socialist and fiat money speculators ("traders").

For example, socialists are likely to hold minuscule amounts of Bitcoin and have a high probability to generate spam transactions, paying insufficient fees. The redesigned Bitcoin could also feature a bitcointalk forum scanner that automatically links certain addresses with socialist / bigblock propaganda and/or trading drivel. In turn, spending from identified addresses would be blocked and all funds would be automatically redistributed as additional miner rewards for newly generated blocks.

Cheesy

ya.ya.yo!

consensus covers this.
speculators: it doesnt matter how much you have. the richest person in bitcoin has no more power then the poorest
socialists: when has bitcoin ever been a single address of 21mill coins where it gets shared out by who has the best sob story?.. um never.

if you feel that "spam" should be avoided. then secretly you want bitcoin only to be used by the rich, under your definition. afterall a 0.0001btc is an hours labour in many developing countries. so it seems you only want bitcoin to be centralized to first world countries where only 0.01 transactions are deemed ok(first world countries hour labour).

sorry but 0.0001 vs 1000 are just as relevant as each other. bitcoin should not care about only the rich.
spam should not be defined purely on someone spending 0.0001. but instead defined by rich people doing 1,000,000 transactions of 0.0001.(true spam)
the cure for this is limiting sigops/number of outputs/inputs. so that big holders cannot make bloated transactions. and instead have to do smaller transactions in batches. which are delayed by a batch per block so that there is ampl capacity for others.

EG
not
[one block] 10btc->0.0001, 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 (1 thousand times)
or
[one block] 0.0001, 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 0.0001 (1 thousand times) ->10btc
but
[one block] 10btc->0.0001, 0.0001 0.0001 0.0001 9.9996
[two block] 9.9996btc->0.0001, 0.0001 0.0001 0.0001 9.9992
and
[one block] 0.0001, 0.0001 0.0001 0.0001 9.9992 ->9.9996btc
[two block] 0.0001, 0.0001 0.0001 0.0001 9.9996 -> 10btc

thus allowing space per block for thousand different peoples tx due to not being able to spam funds to thousands in one go

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 20, 2016, 12:39:30 PM
 #14

I don't think there is anything to be changed in bitcoin but it would be much easier and satisfactory if confirmation time gets improved in near future as that is the only problem majority of users are facing.
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October 20, 2016, 12:42:40 PM
 #15

if you could change one thing about btc, what would that be?
Would you make it safer?
How would you develop the btc trading?

Probably easier to get into mining so anyone can do it, literally anyone.  Couple years ago there was more of a buzz around mining and creating your own money.  Now mining has become so specialized its not any longer for the common folk.

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October 20, 2016, 12:45:26 PM
 #16

Probably easier to get into mining so anyone can do it, literally anyone.  Couple years ago there was more of a buzz around mining and creating your own money.  Now mining has become so specialized its not any longer for the common folk.

and within 2 months of screwing up bitcoin security(difficulty) to allow anyone.. it will go back to people accumulating into pools/farms again, due to greed and eventually in 6 months we are back to where we started but with weaker security due to the drastic change that simply backdated security(difficulty) by 3 years

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 20, 2016, 12:48:18 PM
 #17

I would want someone to make it ASIC proof and for everyone to be able to mine. It would have been great to have household items mining bitcoins, like the processor in your TV and computer. We would have had less centralization in the mining scene, and mining farms would have had to fork out much more money to mine on a huge scale. ^smile^

Bring back Solo GPU/CPU mining for the masses. ^smile^

even "asic proof" solves nothing. people will still make mining farms.. but this time with thousands of CPU's
the only thing that would change is difficulty is reduced and that weakens security, without helping individuals have an equal share of rewards

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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October 20, 2016, 12:53:25 PM
 #18

If I could I would change the speed of transactions. Bitcoin system is already pretty safe but people with their behaviour male it unsafe (keeping coins on exchangers or  cloud wallets etc.) but the hardest thing is to influence on people. And I would remove these cloud minig fraud scheems.

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October 20, 2016, 01:12:41 PM
 #19

I think, Bitcoin doesn't needs any change in it. But, if still need change something, sure I'll choose transaction without fees (even for a big transaction) and increase the the number of Bitcoins can be mined!
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October 20, 2016, 01:14:17 PM
 #20

Well, after being in the path of Hurricane Matthew with no electricity for 5 days, ID have to say one of the biggest failings of bitcoin is that it might as well not exist outside of a wifi field. As I keep the majority of my holdings in BTC at any given time, I was lucky to have a small emergency bundle of cash. Although I will say my debit card was equally useless during the time, to be fair.

If only physical tokenization was more feasible.. but that's a different argument..
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