marcotheminer (OP)
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┴puoʎǝq ʞool┴
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August 20, 2014, 05:23:29 PM |
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AND why?Just 1 thing, for I it would be transaction times, cause waiting for those confirmations is wayy too long sometimes 
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""Man am I glad to be back on these forums! - time for a surf! ... "yeww which boards bro?!"  ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com |
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ArticMine
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Monero Core Team
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August 20, 2014, 05:29:19 PM |
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The most critical in my opinion: Address the 1 MB blocksize limit to allow Bitcoin to scale.
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bitllionaire
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August 20, 2014, 05:30:39 PM |
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I think that transaction time is a crictical issue that must be solved
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farlack
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August 20, 2014, 05:32:56 PM |
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I would remove the ability to complain about transaction times.
Bank transfer - > 3-4 days
Paypal - > 4-5 days
Western Union - > 30 minutes to drive and send $14 later also.
Western Union - > 20 minutes to go pick up.
Personal/Business check - > 3 days
Creidt Card Processor - > 1-5 days
Bitcoin - > 0-20 minutes
....
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LiteCoinGuy
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In Satoshi I Trust
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August 20, 2014, 05:34:25 PM |
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the 21 mio limit   |
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bornil267645
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August 20, 2014, 05:36:08 PM |
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Bitcoin ATM availability |
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barbarousrelic
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August 20, 2014, 05:36:56 PM |
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Untraceability
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Do not waste your time debating whether Bitcoin can work. It does work.
"Early adopters will profit" is not a sufficient condition to classify something as a pyramid or Ponzi scheme. If it was, Apple and Microsoft stock are Ponzi schemes.
There is no such thing as "market manipulation." There is only buying and selling.
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farlack
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August 20, 2014, 05:38:33 PM |
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Bitcoin ATM availability BTC ATM's are popping up everywhere. |
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Yeezus
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August 20, 2014, 05:41:01 PM |
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I don't think transaction times are that much of an issue. I think people think they are but those usually haven't even sent bitcoins before.
I'm not sure what I'd change personally. Seems pretty solid to me at the moment.
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silversmith
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August 20, 2014, 05:54:17 PM |
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1000-for-1 price split! 1 BTC = $0.50
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Razick
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August 20, 2014, 05:57:56 PM |
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AND why?Just 1 thing, for I it would be transaction times, cause waiting for those confirmations is wayy too long sometimes I would like to see shorter confirmation time along with larger block capacity, without larger size. I haven't heard of a way to do the latter but I think if one was discovered it would be a major improvement. As much as I'd like to see faster confirmations, the reality is that Bitcoin is primarily an internet currency and double spending isn't much of a risk for small value transactions such as a cup of coffee, but it would still be nice and help to address some complaints. We are starting to run out of space in blocks though, especially since pools sometimes use lower than the recommended limit. Ideally, we'd find a way to store more transactions without increasing the block size. |
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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giszmo
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WalletScrutiny.com
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August 20, 2014, 06:04:03 PM
Last edit: August 20, 2014, 06:18:05 PM by giszmo |
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The most critical in my opinion: Address the 1 MB blocksize limit to allow Bitcoin to scale.
I would fight to keep it at 1MB for the years to come. We need off-chain solutions for that and there are many in the works. Raising the block size would only slow down progress and harm those projects. AND why?Just 1 thing, for I it would be transaction times, cause waiting for those confirmations is wayy too long sometimes 1minute is just as bad as 10minutes when in a supermarket, especially as this 1minute block time sometimes will also take 20minutes. We need other solutions to that and there are off-chain solutions. But to answer the OP question: What? I would add proof of stake. Why? It's cheaper and better aligned with keeping the fees low and the network secure. With proof of stake there is no reason at all to have fees beyond keeping the blocks free of spam. Those holding bitcoins would have a huge incentive to keep the blockchain rolling even without block rewards and transaction fees. The claim that with proof of stake the rich become richer is based on the assumption that mining is a for profit venture but with mining (securing the transactions) being built back into every full client cause we can, we wouldn't have to worry about the 50%-pools and wouldn't be blamed for wasting energy on mining. Also those mining chip companies could focus on more meaningful stuff. We could continue to give the block reward to proof of stake blocks and reserve the mining fees to proof of stake, aligned with the block reward halfing. At the next block reward halfing we don't half the block reward but we half the POW blocks, doubling the POW difficulty and adding POS. |
| ɃɃWalletScrutiny.com | Is your wallet secure?(Methodology)
WalletScrutiny checks if wallet builds are reproducible, a precondition for code audits to be of value. | ɃɃ |
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Razick
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August 20, 2014, 06:18:07 PM |
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The most critical in my opinion: Address the 1 MB blocksize limit to allow Bitcoin to scale.
I would fight to keep it at 1MB for the years to come. We need off-chain solutions for that and there are many in the works. Raising the block size would only slow down progress and harm those projects. Are there any decentralized and more importantly trustless solutions for off-chain transactions? If Bitcoin only works if you allow a third party to keep track of who owns it by storing balances in a database, then what is the point? I'm not against off-chain transactions, in fact I think we need those solutions to be available, but they shouldn't be the only option that works. Bitcoin on-chain transactions need to be available and need to have reasonable fees. Keep in mind if we allow fees to get out of hand it will slow merchant adoption. |
ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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marcotheminer (OP)
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┴puoʎǝq ʞool┴
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August 20, 2014, 07:22:54 PM |
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1000-for-1 price split! 1 BTC = $0.50
We could just address btc in terms of µbtc or millibtc |
""Man am I glad to be back on these forums! - time for a surf! ... "yeww which boards bro?!" ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com |
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marcotheminer (OP)
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┴puoʎǝq ʞool┴
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August 20, 2014, 07:25:05 PM |
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The blockchain
What about it and why?? |
""Man am I glad to be back on these forums! - time for a surf! ... "yeww which boards bro?!" ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com |
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Minecache
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Dragonslots | +13k Slots & Casino Games
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August 20, 2014, 08:06:55 PM |
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Shitty gambling adverts from people's signatures. You do nothing to promote a positive all inclusive image of Bitcoin by pandering and trying to profit from others vices/addictions.
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marcotheminer (OP)
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Merit: 1049
┴puoʎǝq ʞool┴
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August 20, 2014, 08:08:49 PM |
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Shitty gambling adverts from people's signatures. You do nothing to promote a positive all inclusive image of Bitcoin by pandering and trying to profit from others vices/addictions.
Sorry you werent clear enough. Would you like to ADD, IMPROVE or REMOVE this feature?  |
""Man am I glad to be back on these forums! - time for a surf! ... "yeww which boards bro?!" ٩(- ̮̮̃-̃)۶ (-(-_(-_-)_-)-) ٩(̾●̮̮̃̾•̃̾)۶ ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ »-(¯`·.·´¯)-> BTC <-(¯`·.·´¯)-« ♫♪.ılılıll|̲̅̅●̲̅̅|̲̅̅=̲̅̅|̲̅̅●̲̅̅|llılılı.♫♪ ٩(̾●̮̮̃̾•̃̾)۶ (-(-_(-_-)_-)-) ٩(- ̮̮̃-̃)۶ ascii art source: 1lineart.kulaone.com |
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MyPotPlantDied
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August 20, 2014, 08:19:06 PM |
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That's an easy one: transaction time, transaction time and transaction time.
Imagine if everything was the same except your transactions confirmed instantly (or almost instantly). The transaction times are really the only problem I see with Bitcoin in it's current form.
I guess blockchain size as well, but that's not the main thing as most people are using online or light clients anyway.
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MyPotPlantDied
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August 20, 2014, 08:21:58 PM |
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Shitty gambling adverts from people's signatures. You do nothing to promote a positive all inclusive image of Bitcoin by pandering and trying to profit from others vices/addictions.
Just because someone is a part of a signature campaign doesn't mean that they are only posting to promote said signature! Personally, I am more turned off by people who put their Bitcoin and Litecoin addresses in their signature hoping for a handout |
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