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Author Topic: The Blocksize War is still ongoing.  (Read 709 times)
franky1
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March 27, 2024, 02:28:33 PM
 #61

mindrust.. this topic is about BITCOIN and how to scale it in such ways including but not limited to the blocksize
its not a altcoin promotion topic
the solution to scale bitcoin is not to abandon it

YOU want people to abandon bitcoin.. so how about YOU abandon bitcoin because you seem to love other networks so much
take YOUR altcoin recruitment games over to the altcoin forum categories

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
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Medusah
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March 27, 2024, 02:34:14 PM
 #62

you sound too much like doomad, infact i think you are doomads alt account because its too similar/verbatim to not be doomad

Does DooMAD sound reasonable too? 

The OP and you also are promoting a different network other than Bitcoin. Remember BCH is not Bitcoin.

He does not promote BCH.  He is just a big whiny keyboard warrior.  I just cannot believe the fact that he registered in 2012 and still supports these rookie ideas.  In a decentralized network, you cannot force change.  You can only implement change and see who follows you.  If there's a thing we learned from the blocksize war, it's this.

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mindrust
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March 27, 2024, 02:35:25 PM
 #63

mindrust.. this topic is about BITCOIN and how to scale it in such ways including but not limited to the blocksize
its not a altcoin promotion topic
the solution to scale bitcoin is not to abandon it

you want people to abandon bitcoin.. how about you abandon bitcoin because you seem to love other networks so much
take your recruitment games over to the altcoin forum categories

I don't want people to abandon bitcoin. People who can afford to pay them high fees are paying it. People who can't, they don't have much of a choice... They use something else naturally. They don't need my opinion on the subject, they can notice the situation as much as I do.

Do you think Bitcoin hodlers care about it anyway? Seriously. Price is going up, everybody is happy. Except you.

Bitcoin is working as intended, making people rich, killing the USD.

In fact, I decided to DCA on LTC after I saw that chart I posted earlier. It means I am joining them, they ain't joining me.

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franky1
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March 27, 2024, 02:45:02 PM
Last edit: March 27, 2024, 03:02:55 PM by franky1
 #64

mindrust, bitcoin does not need high fee's and stifle transaction counts to force fee's even higher..
bitcoin becomes more useful by letting more transactions per block where those extra transactions pay less than now, but where the extra transactions can then collectively total an amount that gives pools a free bonus

EG
instead of
$50 x 4000tx = $200k
there can be with a few code changes to give pools a $200k total bonus(they dont yet even need this amount of bonus)
$11.30 x 17,700tx = $200k
as you can see fee's can become cheaper and more transactions.. .. whilst still being the $200k idiots THINK pools deserve and need
(again for emphases pools do NOT NEED $200k in total fees now or anytime soon)
and these changes come even before scaling the blocksize. and just concern making the blocksize as is more efficient and actually utilised, counted, and validated to meet actual bitcoin purpose properly where every byte literally counts

you wanting to propose strategies of stifling transaction counts upgrades, limiting transactions and make them annoying slow and expensive does not help bitcoin. it only helps do what you now admit to "People who can afford to pay them high fees are paying it. People who can't, they don't have much of a choice... They use something else naturally"
you want bitcoin to be more expensive to transact to recruit people over to other networks by making them think "they dont have much of  choice"

but here is the thing, bitcoiners could have the choice, by scaling bitcoin.. by sorting bitcoins code out and make it useful for the masses and less centrally governed, less pcentral points of failure where by it actually works better then now, and be more open and better like it used to be

the only choice is not to naturally try another network

Do you think Bitcoin hodlers care about it anyway? Seriously.
this topic and hundreds of topics like it are proof that people do want bitcoin to scale up and offer more transactions.. infact there are more bitcoin scaling topics than there are LTC/LN recruitment topics.. which shows people would rather scale bitcoin than abandon it for whatever network you prefer to promote


as for medusa, well thats just a doomad alt account, acting too much like doomads cultish self to be a coincidence, its even more plagiarised repeated rhetoric of doomads words to just be an acolyte of his cult.. too much idiocy to even be taken seriously in any way
medusa offers nothing different to any conversation that doomads cult has not already said.

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
ABCbits
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March 28, 2024, 08:53:35 AM
 #65

But don't forget Monero theoretically have lower TPS. While Monero have 2 minute block time, Monero TX is bigger and has smaller block size than Bitcoin. Looking at https://moneroj.net/blocksize/, current average Monero block size is only about 342KB.

If there's enough demand, Monero can deal with more onchain transactions compared to Bitcoin.  The dynamic block size limit can be increased to maximum of (60 KB, 2 * median size for the past 100 blocks).  Read more about it in here:  https://monero.stackexchange.com/a/74.

That's true, although the dynamic limit also discourage miner create very relative big block (compared with other recent block). And there are other concern such as block propagation time despite existence of fluffy block (Monero variant of Bitcoin's compact block) and how much it push Monero's node hardware.

mindrust.. this topic is about BITCOIN and how to scale it in such ways including but not limited to the blocksize
its not a altcoin promotion topic
the solution to scale bitcoin is not to abandon it

you want people to abandon bitcoin.. how about you abandon bitcoin because you seem to love other networks so much
take your recruitment games over to the altcoin forum categories

I don't want people to abandon bitcoin. People who can afford to pay them high fees are paying it. People who can't, they don't have much of a choice... They use something else naturally. They don't need my opinion on the subject, they can notice the situation as much as I do.

FWIW the something else doesn't have to be altcoin. It could be sidechain or layer 2, although usually it's not decentralized and less popular than some altcoin.

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