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BU (Bitcoin Unlimited) and ETF Newbie questions
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Topic: BU (Bitcoin Unlimited) and ETF Newbie questions (Read 1655 times)
AngryDwarf
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Re: BU (Bitcoin Unlimited) and ETF Newbie questions
March 08, 2017, 12:48:35 AM
#41
Quote from: AliceWonderMiscreations on March 08, 2017, 12:43:11 AM
That being said I will start mining an altcoin if bitcoin remains unsuitable for micro-payments because for me, micro-payments are important.
Then if you have to store a BTC blockchain as well as an altcoin blockchain, does this take less space than a single blockchain?
Scaling and transaction rate:
https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
There are several different types of Bitcoin clients. The most secure are
full nodes
like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if
every
miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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AliceWonderMiscreations
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Re: BU (Bitcoin Unlimited) and ETF Newbie questions
March 08, 2017, 12:51:47 AM
#42
Quote from: AngryDwarf on March 08, 2017, 12:48:35 AM
Quote from: AliceWonderMiscreations on March 08, 2017, 12:43:11 AM
That being said I will start mining an altcoin if bitcoin remains unsuitable for micro-payments because for me, micro-payments are important.
Then if you have to store a BTC blockchain as well as an altcoin blockchain, does this take less space than a single blockchain?
I have the hard drive space.
I hereby reserve the right to sometimes be wrong
AngryDwarf
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Re: BU (Bitcoin Unlimited) and ETF Newbie questions
March 08, 2017, 12:54:10 AM
#43
Quote from: AliceWonderMiscreations on March 08, 2017, 12:51:47 AM
Quote from: AngryDwarf on March 08, 2017, 12:48:35 AM
Quote from: AliceWonderMiscreations on March 08, 2017, 12:43:11 AM
That being said I will start mining an altcoin if bitcoin remains unsuitable for micro-payments because for me, micro-payments are important.
Then if you have to store a BTC blockchain as well as an altcoin blockchain, does this take less space than a single blockchain?
I have the hard drive space.
Yes me too. That reminds me, must dump ethereum before I don't have any space.
Scaling and transaction rate:
https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
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