/biz/ - Business & Finance

>>17375477
>fork bitcoin
>change variable of blocksize to 99999999
>"this scales"

Wagecuck here. Bitch roastie (extrovert) hijacked a meeting I was holding to criticise my management of a civil engineering project for half an hour. I cried at the end. I can never go back there now, right? Should I work my notice, or just not turn up tomorrow and not answer my phone?
>inb4 kys

>>13498666

The blocksize will never change because Bitcoin is immutable (which is why it has value). OP is a shitcoin bagholder thinking that if the spams on the internet Bitcoin will crash and his shitcoin bag will pump. Imagine having that cosmovision in 2019.

>>13498707
>muh blockstream

>>13422582
Same reason "big names" jumped on clusterfucks during dotcom bubble. When the next DAO event happens and Commander Vitalik has to cry again on reddit for exchanges to stop all trading (fucking lol) it will be the final nail in the coffin. Last time it happened when nobody gave a fuck, next time will be when all the idiots are on board because some corporations jumped on the "crypto" bandwaggon. The fundamentals are fucked.

>>13328404
>>13329338
sweet summer childs no one is buying your bags

niggers gon nig

>>13212126
exactly

blockchains are only decentralized if they can be audited (with a full node) by a low entry point

altcoins are a meme

>>13127939
>alts

summer's coming

>>13031896
Tim Draper losing his investment is exactly what we need to capitulate.

lmao

>>12935411
alts are going to 0

>>12915245
Bitcoin is about keeping it decentralized for those that can afford decentralization, those that cannot afford high levels of decentralization will have to compromise because thermodynamics.

>>12908808

>Gold as a store of value: $7.7 Trillion USD
>Offshore banking: $15 Trillion USD
>Credit cards/payments: $770 Billion in Visa, MasterCard, and PayPal alone
>Certificates for Deposit (CDs): $571 Billion in the USA alone, on just those under $100,000


Bitcoin is and will always be cheaper than moving gold. This usecase alone has more upside than any of your dead shitcoins. When you understand this it will be too late.

The EOS blockchain is pretty big. Like 4TB big, and growing rapidly. Out of 21 elected block producers, only 2 (10%) run a full node. Simply put, the economics of running a full node don't make sense for most BPs. As a result, the security of the network is put at risk.

When a few entities have the power to break your dApp(s), is that sufficiently "decentralized"? This problem is not isolated to EOS. Eth full nodes are quite large (~1.5 TB without pruning). If infura went down, what percentage of the Eth network would break too?

Scaling is and was always a meme.

>Gold as a store of value: $7.7 Trillion USD
>Offshore banking: $15 Trillion USD
>Credit cards/payments: $770 Billion in Visa, MasterCard, and PayPal alone
>Certificates for Deposit (CDs): $571 Billion in the USA alone, on just those under $100,000

Censorship resistant inmutable blockchain is where the real money is at, not at niggers using on-chain transactions to buy KYC or retarded useless "dAPPs". The market will realize this sooner or later and it will be epic, too epic to fathom.

tl;dr: Short altcoins, long BTC.

The EOS blockchain is pretty big. Like 4TB big, and growing rapidly. Out of 21 elected block producers, only 2 (10%) run a full node. Simply put, the economics of running a full node don't make sense for most BPs. As a result, the security of the network is put at risk.

When a few entities have the power to break your dApp(s), is that sufficiently "decentralized"? This problem is not isolated to EOS. Eth full nodes are quite large (~1.5 TB without pruning). If infura went down, what percentage of the Eth network would break too?

tl;dr: Short altcoins, long BTC.

The EOS blockchain is pretty big. Like 4TB big, and growing rapidly. Out of 21 elected block producers, only 2 (10%) run a full node. Simply put, the economics of running a full node don't make sense for most BPs. As a result, the security of the network is put at risk.

When a few entities have the power to break your dApp(s), is that sufficiently "decentralized"? This problem is not isolated to EOS. Eth full nodes are quite large (~1.5 TB without pruning). If infura went down, what percentage of the Eth network would break too?

tl;dr: Short altcoins, long BTC.

>>12644997
>ETH
>feels good
pick one

It's literally the only sane investment.

Need further clarification?

Let's say the volume of data your geth node needs to process to stay synced is currently ~100 "units". Your rig can process 150 units. Tomorrow the network demands 101 units. Next month: 125 units. A backlog will eventually occur.

Nodes that don't fast sync are called "Archive Nodes" in the Ethereum space. Over here in BitcoinLand we call them Full Nodes. How many of these 16,000 nodes are in a permanent fast sync state? How many REAL nodes are actually doing the heavy lifting for this network?

How many archive nodes are there now? How many were there yesterday? Last month? Even if you "don't need" to fully validate old states, how many are MAINTAINING the current state? Why are there no metrics for this, but instead limited "total" node counts?

What would "investors" think if they saw an ever decreasing amount of full nodes on the network? Isn't it a bit worrisome that half the nodes on http://ethstats.net offering their metrics aren't even caught up?