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28829441 No.28829441 [Reply] [Original]

Bitcoin as it was intended

>> No.28829537

>>28829441
bcash
>1300 nodes
btc
>10000 nodes
OH NO NO NO

>> No.28829540

>>28829441
The best version of Bitcoin yet. Works the way it was designed to without “muh digital gold” or “muh lightning”.
Segwit is also digital aids.

>> No.28829599

i wish bch was btc desu, but its not so i own exactly 0 bch forever and am all in bitcoin and eth.
i hope they increase block sizes one day...

>> No.28829615

No Opcodes, literally gimped

>> No.28829651

>>28829537
A harsh truth: only economic nodes matter.
In an ad-hoc network like Bitcoin, more nodes do not make it faster or more efficient. What the Bitcoin network really needs are more nodes that enforce the Nakamoto consensus: rules each node follows and applies to decide whether a block or a transaction is valid.

>> No.28829754

>>28829441
>Bitcoin as it was intended
Why do people hate bcash so much? The transfer fees are light as a feather. BTC costs too much to transfer.

>> No.28829807

>>28829754
>Why do people hate bcash so much?
the idea that our coins will be worth less from people jumping ship is terrifying.
i dont want that, i want btc to be fixed.

>> No.28829940

>>28829807
Unfortunately it’s not that easy. Like another anon said on here: Segwit is the digital equivalent of aids. Once introduced to the blockchain it cannot be removed. That’s why BCH rushed to fork before the introduction of Segwit. LN is also a complete disaster.

>> No.28830080

>>28829940
I dont even understand segwit. All I know is LN funds are not safu, and my transactions are expensive and slow.
Why couldn't they just increase block size to 2mb at the very least, jesus christ.

>> No.28830495

>>28830080
Ignoring all the economic consequences, what we have in segregated witness is the illusion of scaling.
Segregated witness introduces a 2 MB block and segregated witness at the same time. Increasing the block size is a scaling solution. Segregated witness is not. Segregated witness with a standard weight provides us 1.2 and 1.6 times the transactional throughput based on a 1 MB partial block and a 4 MB full block.
The reality of this is we have 4 MB masquerading as one. In a SegWit 2x option this is doubled.
Contrary to what people are being told, the witness information, that is the digital signatures are important.
Consequently, SegWit is a scaling solution that is not providing scale, that is, an additional transactional increase against costs. It is the blocks that increase and at the same time, not segregated witness that provides any increase, as we are told. What we have is a typical magician's trick. It is a bait and switch. You look at the introduced information as they have you look away. What we really have is a 150% increase at a 400% cost. The simplicity of this is just increasing the block size provides 260% more throughput without SegWit.
Putting it another way, segregated witness has 62.5% overhead. That is, it reduces throughput by two thirds.
In many ways, this is the biggest confidence trick to have ever occurred within bitcoin. It makes Mt Gox seem mild.

>> No.28830768

>>28830495
probably dem damn governments unironically suppressing the coin in fear of a global currency.

>> No.28830838
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28830838

>>28829441
>roger ver