Paashaas
Legendary
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Activity: 2870
Merit: 2696
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July 03, 2018, 03:22:04 PM |
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And that is being said by a guy that even if he's not Satoshi himself most people agrees he could perfectly had been. Additional layers are the only way to really scale orders of magnitude from here.
There has never been an IT system or application in the world that has been able to scale *without* secondary and tertiary layers. Even completely centralized ones. Any IT person, systems admin or programmer can easily tell you that. That's why these "single layer crypto" idiots need to rightly fkn off. It's like arguing with a rocket scientist that rockets can be built without a propulsion system. Or that the earth is flat. It's condescension at best, lunacy and trolling at worst. A channel on the Lightning Network can process 500 tps, with 7800 channels means 3.9 million tps. Going from 7 tps to 3.9 million is already a mindblowing increase but.... it is not enough. We need tens if not hundreds of millions tps for Bitcoin in order to scale globally if you consider the enormous potential while keeping the main chain decentralised and secure as possible. On-chain scaling was never an option only those bigblocker idiots dreaming about it ore they are not well informed enough. |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4390
Be a bank
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July 03, 2018, 03:42:06 PM |
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loos therefrom
Where can I buy this  Had to Merit this post. thanks gents (geddit?) messaged a guy on the twitter... |
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JimboToronto
Legendary
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Activity: 3122
Merit: 2683
You're never too old to be young.
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July 03, 2018, 03:44:54 PM |
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Good morning Bitcoinland. Finally recovering from Canada Day weekend. Whew! Small pullback after the last few days' gains but still hanging in... currently $6590USD/$8677CAD (Bitcoinaverage). _____ Just noticed the new poll. Seems I'm in third place. I'm not sure if I should feel honored by all the wannabes, or do some campaigning for more votes. I guess I'd better go kiss some babes (over 18 years old, of course).  |
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Mahirap
Full Member
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Activity: 476
Merit: 114
- hello doctor who box
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July 03, 2018, 03:48:03 PM |
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Finally Bitcoin is recovering from the bloodbath that happend this past months. we're at the 7k$ mark right now! more and more are entering the market
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4390
Be a bank
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July 03, 2018, 03:50:54 PM |
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vroom
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July 03, 2018, 03:51:06 PM |
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Finally Bitcoin is recovering from the bloodbath that happend this past months. we're at the 7k$ mark right now! more and more are entering the market
woah dude, don't jinx it. we said that to many times in the last months. I want to see 10k before I go in carolina mode. |
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Rosewater Foundation
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July 03, 2018, 03:55:24 PM |
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Nice find. I'll do more reading and less shit posting today. |
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xhomerx10
Legendary
Offline
Activity: 2954
Merit: 4366
Go! BTC Go!
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July 03, 2018, 04:01:54 PM |
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Good morning Bitcoinland. Finally recovering from Canada Day weekend. Whew! Small pullback after the last few days' gains but still hanging in... currently $6590USD/$8677CAD (Bitcoinaverage). _____ Just noticed the new poll. Seems I'm in third place. I'm not sure if I should feel honored by all the wannabes, or do some campaigning for more votes. I guess I'd better go kiss some babes (over 18 years old, of course). Seems to me this thread has a dont ask dont tell policy. Edit: To clarify, I'm not condoning sex with a minor... the age of consent in Canada is 16. |
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infofront
Legendary
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Activity: 2478
Merit: 2431
Shitcoin Minimalist
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July 03, 2018, 04:17:40 PM |
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And that is being said by a guy that even if he's not Satoshi himself most people agrees he could perfectly had been. Additional layers are the only way to really scale orders of magnitude from here. Visa is a not only a second layer (for the banking system) but a third party completely centralised one. Bitcoin can perfectly compete with that while being decentralised on its core... but only with adding L2 for "caching" the mass of small payments before settling on main blockchain. Also the only way to make those payments "instant" which is a must for most consumer payments. Let's level with each other for a moment. Nick Szabo is Satoshi. It's an open secret. |
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Last of the V8s
Legendary
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Activity: 1652
Merit: 4390
Be a bank
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July 03, 2018, 04:21:17 PM |
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Nice find. I'll do more reading and less shit posting today. Worth it if it saves Mrs Rosewater from a beating today. |
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Rosewater Foundation
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July 03, 2018, 04:35:29 PM |
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Nice find. I'll do more reading and less shit posting today. Worth it if it saves Mrs Rosewater from a beating today. Not today  |
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JimboToronto
Legendary
Offline
Activity: 3122
Merit: 2683
You're never too old to be young.
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July 03, 2018, 04:51:43 PM |
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Worth it if it saves Mrs Rosewater from a beating today.
Mrs Rosewater and her five lovely daughters? |
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Rosewater Foundation
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July 03, 2018, 04:53:19 PM |
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Worth it if it saves Mrs Rosewater from a beating today.
Mrs Rosewater and her five lovely daughters? zing  |
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RayX12
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July 03, 2018, 05:03:38 PM |
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Please let me have this paper to clean the left-over shit in my ass!  |
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Torque
Legendary
Offline
Activity: 2702
Merit: 2878
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feed from Breaking Bitcoin   Bitcoin Splash? Crapcoin Cash? Logcoin [n] Dash? |
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kalehon
Member
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Activity: 252
Merit: 10
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July 03, 2018, 05:27:35 PM |
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d_eddie
Legendary
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Activity: 1624
Merit: 1588
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July 03, 2018, 05:31:53 PM |
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Can't disagree. I still smell shaking games. Be wary. Call me paranoid if it helps.
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4390
Be a bank
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July 03, 2018, 05:39:41 PM |
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If the Dow continues crashing like it did today after the holiday, we're going to need Hairy's patented Liquid Koala Asset Sidechain much sooner than anyone could have predicted.
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Poll
