[Opinions] IF you could improve/add/remove 1 thing to bitcoin what would it be?

[itsAj]

The most critical in my opinion: Address the 1 MB blocksize limit to allow Bitcoin to scale.

I agree, this is the most important thing that will need to be changed sometime in the future, along with the max number of TX per second. I think both of these should not be changed until we see more blocks getting consistently close to the max block size and more periods of the network bumping up against the max number of TX per second as it is expensive for node operators to have that much bandwidth.

[CozyLife]

Have a built in exchange that allows for custom API configuration. If you can arbitrage trade right from your wallet, that could really help a lot of people out.

[FUR11]

If the mining could be easier then profits would be more. However this might cause inflation..

What do you mean by "easier" It doesn't matter how big the profit is, a higher number of Bitcoins as a block reward would mean that the price goes down accordingly. It's a self-balancing thing!

[itsAj]

If the mining could be easier then profits would be more. However this might cause inflation..

What do you mean by "easier" It doesn't matter how big the profit is, a higher number of Bitcoins as a block reward would mean that the price goes down accordingly. It's a self-balancing thing!

The is correct. The overall profitability of mining will always have the same target. If profitability gets to be too high (block time is less then 10 minutes) then the difficulty will rise, and if profitability gets too low (block time is greater then 10 minutes) then difficulty will fall. The per day/hour/week profitability will always stay the same.

[wordman267645]

Yes, i appreciate with you..time is important for all of us, so transaction times that must be solved.

[williamj2543]

I agree with transaction times. I know its a lot less than other payment providers, but those are impossible to reverse maliciously, other than chargebacks, which aren't present in bitcoin. Bitcoin you can easily double spend the minute you leave the restaurant after paying, while its still unconfirmed, and get your money back and free food, and the restaurant couldn't do anything about it. Also waiting around for 10+ minutes is simply not possible for bars or restaurants, because aint nobody got time fo dat. Also because of the block size limit, more blocks would increase scalability.

[Finksy]

If the mining could be easier then profits would be more. However this might cause inflation..

Sure!  Just unplug your miners, it will lower the difficulty for the rest of us! 

[BitcoinBadger]

The current system works perfectly and well, no major changes are required...

[marcotheminer]

The current system works perfectly and well, no major changes are required...

What if 10 million people decide to use bitcoin. Im sure the network would begin to struggle with massive amounts of transactions being made and size limits.

[sandykho47]

I think i want to mining setting, after 21.000.000 BTC mined. Bitcoin still can mined, but the reward is only 1 BTC / block 

[marcotheminer]

I think i want to mining setting, after 21.000.000 BTC mined. Bitcoin still can mined, but the reward is only 1 BTC / block 

But then we become Doge, and our value will drop hard. Not a good idea to make it an inflationary currency.

[ducatitalia]

The current system works perfectly and well, no major changes are required...

What if 10 million people decide to use bitcoin. Im sure the network would begin to struggle with massive amounts of transactions being made and size limits.

Based on the rate of adoption and wallet creation, we might be at this level by the end of the year...

[btmtb]

The current system works perfectly and well, no major changes are required...

What if 10 million people decide to use bitcoin. Im sure the network would begin to struggle with massive amounts of transactions being made and size limits.

Based on the rate of adoption and wallet creation, we might be at this level by the end of the year...

Which is another reason why Mutli Sig support in the clients would be a massive benefit. It will expand the possibly uses and help people have confidence in the system as both a sign of continuous development and also expanding the basic feature set..

[drawingthesun]

Untraceability

That's already solved.

[marcotheminer]

Untraceability

That's already solved.

Not 100% true, anyone can be traced with the slightest clues left behind.

[MoonRise]

If I could change one thing, it would be confirmation times. 5-10 min/confirmation is too slow rate, specially doing high amount transactions.

[addroup]

Seems that almost all the bitcoin users in this thread agree to decrease the transaction times, and you can add me too of course

[marcotheminer]

Seems that almost all the bitcoin users in this thread agree to decrease the transaction times, and you can add me too of course

If I could change one thing, it would be confirmation times. 5-10 min/confirmation is too slow rate, specially doing high amount transactions.

Yes could be improved but isnt necessary. Bank transfers take several days and international bank transfers can take weeks or months if you encounter a problem. So 5 minutes isnt that bad

[Fearless]

The current system seems pretty perfect, even the confirmation times are not bad..10 mins , anyone can wait.

[marcotheminer]

The current system seems pretty perfect, even the confirmation times are not bad..10 mins , anyone can wait.

It seems perfect because not too many people are using it. Come a BIG influx of people and im sure we will see the problems arise.