/biz/ - Business & Finance

>We need small blocks so everyone can run a node
>But Bitcoin isn't for poor people lol fuck u african dirt farmer, bitcoin is DIGITAL GOLD

The retardation grows

>>12833514
Meanwhile there is 6560 LN, 29823 channels with 2.8 million usd in capacity.

And lightning payments are normie friendly.

>>12833522

Bitcoin is literal white surpemacy. Low IQ Niggers will never be able to own any.

>>12833605
2.8 million of a 60 billion plus valued network wew

The LN will allow the US to fully compromise Tor, will it not?

>>12833514
Pierre Rochard is not the pope of bitcoin. More like the finrekt of LN

>>12833611
>Let's ignore a major market compromising of billions of customers
Literally retard thinking. Don't own a business retard

>>12833637
Worse, it allows the US to literally steal the jizz out of your balls. Very dangerous.

>corecucks
i love it when late adopters try to make fun of early adopters. like, you think crying about multi-millionaires that support the bitcoin that made them once-in-a-lifetime rich is going to make them support some worthless chinese altcoin instead?

embarrassing

>>12833669
Smart Investors have no loyalty, moron. They'll go wherever the money will be. Do you think some stock holders has emotional investment in McDonald's Hamburgers? No retard, They'd switch to burger king in a nanosecond if he had information implying McDonalds was going to go under.

>>12833622
>network is capped at 2.8 million

Its growing everyday. Just pretend its not and go buy some rlx you pajeet

>>12833514
actually you can run blocks up to a few hundred mb easily with a raspberry pi and if you set the client to pruning you don't need all that storage space either.

the problem is bitcoin can not sync from pruning clients as of yet. this shit still needs work.

>>12833514
Bitcoin maximalists are a fucking cancer

>>12833669
>implying early adopters are dumb enough to fall for LN instead of using it to pump their bags and dump their useless BTC on normalfags.

>>12833514

Bitcoinfags are pathetic. How the fuck does that even matter when mining is centralized anyway. Non-mining raspberry pi nodes? Get the fuck out of here with that bullshit already. How delusional do you have to fucking be lol? No one else cares about your bags lol.

>>12833605
Sorry KYC isn't normies friendly

>>12833712

Its not for mining you idiot. Its for validating the network and sending transactions.

>>12833514

> 200 GB of disk space.

Sounds like a raspberry pi to me.

Tell me, when was the last time you ran an Ethereum node? Got that 100 mbit internet connection and 2 TB of disk space ready?

>>12833669

This. Keep buying whatever coin gimmick is in the news this week? Or, the one with a mature ecosystem and great dev team.

>>12833774
>2 TB of disk space ready?
So what, $70? Did you have to spend all your neetbux on that?

>>12833774

>Non-mining raspberry pi nodes

I literally said non-mining nodes. The absolute state of clinically retarded bitcoin maximalists.

>>12833700
On what they created this entire market you parasite

>>12833712
You don't get it but here's an explanation

A decentralized consensus is made up of miners, service providers, developers, and users
Non mining nodes are how users can insure the network if big players act outside consensus
Their ability to validate the network is that insurance if they have to make a drastic change

Study S2X and learn how this works before you make a bigger fool of yourself

>>12833514
they also say there should be a poorfag prohibitive fee market on the main chain through permafull blocks

they're so intellectually dishonest it hurts

>>12833605
and no transactions work past 1 hop, so its strictly less efficient than on chain, and much more centralized.

>>12834046
kek, you think normies will run nodes for "muh network insurance" without monetary incentives to do so? Why would they and what makes you think your average retard would have the know how to do so? Core cucks literally think the fucking world revolves around them and everyone will cater to their shitcoin's stability. Soon enough you'll get rekt faggots, blockstream will fuck you all.

>>12834065
If every poorfag transacted on main chain only a few people would be able to validate

>>12834014
Myspace and friendster created social networks

>>12834081
The ability to insure/maintain the network in a controversial fork is what keeps digital currency group, bitmain, and secret NYA signers away from selfishly influencing the protocol
Keeping them honest is the only way this works

>>12834082
in practice LN is even worse than EOS. shared accounts only works when large parties like banks have a mutual interest in accounts. look at the actual LN network and see there's no capacity in any of these routes, and everyone is connecting to very few central hubs.
anyone who tries to send a payment that requires more than one hop always fails.

>>12834046

Holy shit you're fucking stupid lol. Yeah I get all that drooling fucking retard. YOU don't get what the problem is.

>>12834081

This anon here gets it.

>>12834082
>that pic

Switch to TLOS .

bcash manlet cope

https://youtu.be/3sNEx2VHKSs

>>12833689
thanks, jist bought 100k whoppers

>>12833514
No one have to use LN.
I don't see the issue, growing memblock will result in cencerous centralisation, go fuck yourself chinkike.

>>12835205
Even better, no one has to use bitcoin.

Lightning is a scam

"Which basically means it is kind of centralized, but it has to be this way if we want mass adoption"
https://www.youtube.com/watch?v=ARx8UVfvG2o&feature=youtu.be&t=806

>>12835191
Lightning soiboi BTFO.

>>12833669
Corecucks are retarded cucks though
If they'd scaled to 2 fucking megabytes we wouldn't have split into a million bitcoin clones
t. 2011 early adopter

>>12835217
>Lightning is a scam
it's not it's a fucking second layer for routing payments in a trustless but still secure manner off chain with a fallback to on-chain settlement in case of dispute.

>>12835768
You're a retarded faggot
The 2mb s2x replaced who had commit access to the repo and was made behind closed doors in a "New York agreement"

Nobody was going to agree to this bullshit