/biz/ - Business & Finance

>>23581234
“The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.” – Satoshi Nakamoto (April 2009)

>>22670638
Satoshi was big blocker so he was wrong

We need smaller blocks so we can run more nodes and decentralized more network.

>>21108736
BTC is Ponzi P&D scam
This shitcoin is useless

>>20147842
Buy more BTC

https://www.youtube.com/watch?v=-YepHOb9huY

what Segwit Coin(BTC) is:
- a trustless permissionless publicly auditable ledger that is also secure
- a peer to peer network of nodes enforcing a common ruleset shaping a common reality in a trustless manner
- the longest blockchain under the consensus ruleset with the largest commulative hash proven by a specific form of proof of work
- a protocol that describes how consensus is reached on ordering transactions and how difficulty and coinbase supply adjusts over time
- a greater consensus on the ruleset that governs the protocol
- a standard reference client implementation created by nakamoto and maintained as an open source project

what Segwit Coin(BTC) is not:
- a whitepaper (Satoshi is Wrong)
- a gargantuan garbage dump of stale data stored immutably forever (Satoshi is Wrong)
- whatever satoshi said in a forum post (Satoshi is Wrong)
- whatever faketoshi dreams up in delirium (Satoshi is Wrong)
- whatever sv jeets shrill and rave about currently (Satoshi is Wrong)

BTC need smaller blocks so home node fanbois will be happy.

OFC 300kb limit coin will be world currency

https://www.youtube.com/watch?v=-YepHOb9huY
Best blockstream dev.

BTC will scale opposite

sorry BTC is dead LN is in early alpha and you still need to use normal chain to open/close channels. BSV is the last hope for crypto. BSV is satoshi vision read old posts and whitepaper.
CSW is 0%/33%/50%/100% SN who cares?

Bitrefill’s John Carvalho told his followers Dash Jr’s plan was something he could get behind. “I agree with Luke Dash Jr that the block size should be smaller. I feel more confident to say it now that we have Lightning Network making strides — I’ll run the soft fork,” Carvalho explained. When he was asked what financial incentives smaller blocks offered, Carvalho replied by bolstering higher network fees.

the best BTC meme

Blockstream kill BTC

Blockstream shills. Satoshi was big blocker. BTC has 2gb block limits in 2009.
// FAT32 filesize max 4GB, fseek and ftell max 2GB, so we must stay under 2GB

A higher limit can be phased in once we have actual use closer to the limit and make sure it's working OK.

Eventually when we have client-only implementations, the block chain size won't matter much. Until then, while all users still have to download the entire block chain to start, it's nice if we can keep it down to a reasonable size.

With very high transaction volume, network nodes would consolidate and there would be more pooled mining and GPU farms, and users would run client-only. With dev work on optimising and parallelising, it can keep scaling up.

Whatever the current capacity of the software is, it automatically grows at the rate of Moore's Law, about 60% per year.
SN 2010

Satoshi was cyberbunk, drug dealer, anarchist and smallblocker.

"A higher limit can be phased in once we have actual use closer to the limit and make sure it's working OK.

Eventually when we have client-only implementations, the block chain size won't matter much. Until then, while all users still have to download the entire block chain to start, it's nice if we can keep it down to a reasonable size.

With very high transaction volume, network nodes would consolidate and there would be more pooled mining and GPU farms, and users would run client-only. With dev work on optimising and parallelising, it can keep scaling up.

Whatever the current capacity of the software is, it automatically grows at the rate of Moore's Law, about 60% per year." Satoshi 2010

>>15548129
blockstream shills meetup??

Just buy BTC Sirs. New smaller blocks are comming first 300k blocks then 64k tiny blocks for all blockstream supporters.

BTC need smaller blocks!! let's save BTC together

small blockers will be pawned in 2020

Beta anons likes small blocks