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Topic: Are we over complicating Bitcoin? (Read 8334 times)

jr. member
Activity: 49
Merit: 38
July 27, 2017, 04:08:42 PM
#68
Yes - https://github.com/OleEichhorn/bitcoin-msvc

Why not implement it entirely in UML?

The over-complexity of the protocol is centralizing it's development which is bad for security and general comprehension.
newbie
Activity: 42
Merit: 0
July 26, 2017, 10:55:48 AM
#67
Our goal should be to make it very simple for Granny to understand and to grow adoption. ^hmmmmmm^

I agree especially for consumers. A consumer making a purchase they do not want to jump tru hoops and have complications. They want to click a button and 3 sec later have a sign that says "Thank You" "We Appreciate Your Business". They don't want stuck transactions, 3-hour waits, figuring out where to hide private keys on their insecure windows 8, ,,,

I deal with non-tech people everyday, they do not want to know about about the inner workings they just want to click a button and have it work. Just like we don't want to open the hood of our car every time we start it. We just want turn the key and go.
sr. member
Activity: 868
Merit: 256
July 25, 2017, 09:01:33 AM
#66
Our standard answer to people saying that Bitcoin is too complicated used to be, " Bank customers do not need to know how the internet ledgers of a bank work, to use their service " but now with the introduction of things like UASF people have to approach their merchants and exchanges and services to figure out what services will be safe to use, depending on what route those services will be going with this scaling option.

Are we over complicating Bitcoin for non-technical users of this technology? < They have no clue what chain split and soft forks are, and should they be that involved? >

Our goal should be to make it very simple for Granny to understand and to grow adoption. ^hmmmmmm^

Imagine if the reserve bank issued 2 different types of $1 notes and one type of note was accepted at specific merchants and not at other. This will create a lot of confusion with the general public.

Example : https://www.reddit.com/r/Bitcoin/comments/6e25yx/im_investing_on_bitcoin_for_some_time_but_what/

I agree to what you have quoted, that bank users doesnt have toknow how the ledger works to use their service and so with the bitcoins. If we want to make bitcoin more known and adaptable, we should make it less complicated for people who has no IT or technological knowledge. BUT requiring it to be simpler means more complicated algos for developers. This complicated systems are for those who are behind the curtains.  If we are to promte cryptos, specifically bitcoins, we should keep it simple in the surface.
hero member
Activity: 994
Merit: 504
July 23, 2017, 11:44:46 AM
#65
If you look at terms and conditions for most websites/merchants accepting Bitcoin - it actually doesn't seem very complicated: "Deposits are instant" or "They will reflect after approximately 15 minutes, sometimes up to an hour". These were inadequate even a year ago and certainly now with the increasingly long average waiting times.

I think you're right: people should be able to dive right in and use it, without needing to understand what the appropriate fee amount is. They shouldn't need to search for explorers to understand how much they are getting and which part was spent as fees.

I'm not saying Bitcoin tech is too complicated - quite the opposite. But usability can be improved a LOT. Trying to talk about the blockchain, miners, confirmations, mempool etc. is difficult enough to breakdown into simple English but you have to be in the shoes of a merchant trying to localise Bitcoin usage (in Malay, it is just horrible) to realise just what a challenge it can be.



i understand your point here
good explanation
some people just wants to earn instant and wants to skip the process of understanding things
and just rely on spoon feeding
bitcoin has given big profit to many people who has knowledge but also the rise of many greed people who wants profit at once whos in the end hurt only themselves in money aspect...
hero member
Activity: 1218
Merit: 557
July 23, 2017, 05:43:42 AM
#64
I think bitcoin was born beautiful and difficult to use for over 80% of the people.
To average person the biggest complication comes when they want to transfer a fraction of bitcoin.
People are used with un divisible units of fiat, the smallest 1/100(cent) Now inagine you ask them to send you 0.000974123 Btc. I am saying this because I tried to convince someone to use btc. He couldn’t get it, let alone volatility
Could we have a wallet were it shows and send/receive satoshies. it will be good for the eye too.

Don't think over 80% people feel difficult to use bitcoin, it is actually the other way round in my opinion. It's actually much easier than using fiat when doing smaller transactions. You just paste the amount of btc you have to send, be it a fraction and press send. That's it.

All youngsters find it very easy to send received the bitcoin. Infact they also understand the functioning of bitcoin and how beneficial it could be in coming time. Though it could be complex for non technical people on the platform on which bitcoin is based.

newbie
Activity: 35
Merit: 0
July 22, 2017, 07:25:11 AM
#63
One’s mind, once stretched by a new idea, never regains its original dimensions.
sr. member
Activity: 826
Merit: 250
July 20, 2017, 08:25:10 PM
#62
Our standard answer to people saying that Bitcoin is too complicated used to be, " Bank customers do not need to know how the internet ledgers of a bank work, to use their service " but now with the introduction of things like UASF people have to approach their merchants and exchanges and services to figure out what services will be safe to use, depending on what route those services will be going with this scaling option.

Are we over complicating Bitcoin for non-technical users of this technology? < They have no clue what chain split and soft forks are, and should they be that involved? >

Our goal should be to make it very simple for Granny to understand and to grow adoption. ^hmmmmmm^

Imagine if the reserve bank issued 2 different types of $1 notes and one type of note was accepted at specific merchants and not at other. This will create a lot of confusion with the general public.

Example : https://www.reddit.com/r/Bitcoin/comments/6e25yx/im_investing_on_bitcoin_for_some_time_but_what/

We are not over complicating bitcoin. It's just that some non tech-savvy people are trying to understand a quite complicated technology.

People don't need to understand it, just trust it; but yea understanding it is a big plus and a big knowledge advantage.

Laymen people don't under the internet or the world wide web either, but they still use it. It should be the same for bitcoins.
basically we doesn't need much knowledge to understand bitcoin. just learn how to creating it, private securing, loading and where to using it.
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
July 20, 2017, 06:48:43 PM
#61
I think bitcoin was born beautiful and difficult to use for over 80% of the people.
To average person the biggest complication comes when they want to transfer a fraction of bitcoin.
People are used with un divisible units of fiat, the smallest 1/100(cent) Now inagine you ask them to send you 0.000974123 Btc. I am saying this because I tried to convince someone to use btc. He couldn’t get it, let alone volatility
Could we have a wallet were it shows and send/receive satoshies. it will be good for the eye too.

Don't think over 80% people feel difficult to use bitcoin, it is actually the other way round in my opinion. It's actually much easier than using fiat when doing smaller transactions. You just paste the amount of btc you have to send, be it a fraction and press send. That's it.
sr. member
Activity: 826
Merit: 250
July 20, 2017, 02:54:04 PM
#60
Well, basically everything improvement should be easy to accept as long as it doesn't occur any worries in the users of btc itself.
Is not this still a matter of debate itself.
newbie
Activity: 8
Merit: 0
July 20, 2017, 01:04:33 PM
#59
I think Bitcoin is a great piece of technology that introduced us to Blockchains and we should see it that way, using bitcoin regarding it's limitations is inefficient and eventually the Market will found out about that.

Better that it happens now than Bitcoin actually has adoption.
legendary
Activity: 996
Merit: 1013
July 20, 2017, 10:37:49 AM
#58

That's... surprisingly concise. Thanks for the link! It raises some questions (or rather I still need to wrap my head around cut-through blocks) but seeing how there's a concrete implementation in the works you just gave me a new rabbit hole to dive into.

You're welcome. One voice that gets rarely heard these days
is the one belonging to the people who actually use crypto for purchases.

And the other one is of course, the merchants. We're all waiting
for the p2p e-cash revolution that was foreseen by Satoshi Nakamoto.
newbie
Activity: 30
Merit: 0
July 19, 2017, 07:51:37 PM
#57
I believe so, I believe bitcoin will evolve when it stays as is and survives for a long time
legendary
Activity: 2618
Merit: 1105
July 18, 2017, 09:39:45 AM
#56
Same is the problem here with me and many others who got in investors into bitcoins as mediators.
The people who bought in at $2500 because of me, are now asking as to why is this bitcoin getting doomed without any specific reasons. They just googled out and found about segwit2x as well as chain split and soft forks and they even tried to understand the terms but unable to, so they came to me asking about the same as to what is all this about? I tried my best to make them understand but even I was not capable to catch their attention to it and they went off asking me to give them a deadline that till when will bitcoins be back at those prices again. They think I cheated them, but I thought that prices might touch 4k USD based on the scalability issues' news which were coming as resolved few days back. This is not going to be easy and need to wait with fingers crossed and see what happens this August.

A large percentage of Bitcoin buyers and holders can be feeling the same thing now that we are in the "chaotic" stage of Bitcoin...when the scaling solution will soon be implemented. It is not helping that many news about the possible split are mostly geared to people who have already the basic understanding about all of these technical jargon bombarding us everyday.

Personally, there are so many things I also don't get fully that is why I just prefer to have a watch and see attitude regarding the August 1 deadline. I would accept whatever that can come out from this whole Bitcoin adventure. If there is one thing I am hoping for it is that possibility that after August 1 and when the dust has already settled Bitcoin can get back to the growth track.

Chaotic? No, it's more dramatic than just creating chaos alone because it's being spread wrongly through the media that Bitcoin could doom till certain levels and even end up. We all know Bitcoin could never die, but the newer the people are regarding it, more scared will they be about the same. And about the dust part, I too think that it is all being done to settle down things as well as the "pump" that took place and took Bitcoins to $3000, but I think we should see not less than 1500 and be back above 2500 (my investors' buy level) at least.
full member
Activity: 364
Merit: 101
July 18, 2017, 05:50:32 AM
#55
I think we are in the early days and Bitcoin is just an opening
shot for the evolution. We'll have second generation of cryptos
that are much more simpler, more anonymous and more scalable.

That would be incredibly nice, but I'm afraid that simplicity / anonymity / scalability will be at odds with each other for a pretty long time, especially when combined with decentralization / trustlessness / security. It already took a paradigm shift to bring the latter 3 together, not sure what it will take for the next step to occur.

Have a look at this.

That's... surprisingly concise. Thanks for the link! It raises some questions (or rather I still need to wrap my head around cut-through blocks) but seeing how there's a concrete implementation in the works you just gave me a new rabbit hole to dive into.


I think bitcoin was born beautiful and difficult to use for over 80% of the people.
To average person the biggest complication comes when they want to transfer a fraction of bitcoin.
People are used with un divisible units of fiat, the smallest 1/100(cent) Now inagine you ask them to send you 0.000974123 Btc. I am saying this because I tried to convince someone to use btc. He couldn’t get it, let alone volatility
Could we have a wallet were it shows and send/receive satoshies. it will be good for the eye too.


Umm... you can actually do that already. Bitcoin Core: Settings > Options > Display > Unit to show amounts in: BTC / mBTC / μBTC

I'm pretty sure most other modern software and hardware wallets have similar settings available.

THANK YOU , I never installed a BTC core, only third parties light wallet due to hardware i got.  And imagine i was trying to teach someone else. But we learn as long as we live .
hero member
Activity: 490
Merit: 501
July 18, 2017, 01:25:32 AM
#54
Same is the problem here with me and many others who got in investors into bitcoins as mediators.
The people who bought in at $2500 because of me, are now asking as to why is this bitcoin getting doomed without any specific reasons. They just googled out and found about segwit2x as well as chain split and soft forks and they even tried to understand the terms but unable to, so they came to me asking about the same as to what is all this about? I tried my best to make them understand but even I was not capable to catch their attention to it and they went off asking me to give them a deadline that till when will bitcoins be back at those prices again. They think I cheated them, but I thought that prices might touch 4k USD based on the scalability issues' news which were coming as resolved few days back. This is not going to be easy and need to wait with fingers crossed and see what happens this August.

A large percentage of Bitcoin buyers and holders can be feeling the same thing now that we are in the "chaotic" stage of Bitcoin...when the scaling solution will soon be implemented. It is not helping that many news about the possible split are mostly geared to people who have already the basic understanding about all of these technical jargon bombarding us everyday.

Personally, there are so many things I also don't get fully that is why I just prefer to have a watch and see attitude regarding the August 1 deadline. I would accept whatever that can come out from this whole Bitcoin adventure. If there is one thing I am hoping for it is that possibility that after August 1 and when the dust has already settled Bitcoin can get back to the growth track.
full member
Activity: 196
Merit: 100
atun jong
July 17, 2017, 08:00:32 PM
#53
I think a lot of people are saying it's too hard to know that it is a lie and I am one of the people who answered the bitcoin it is true.
legendary
Activity: 3038
Merit: 2166
Playgram - The Telegram Casino
July 17, 2017, 06:50:33 PM
#52
I think we are in the early days and Bitcoin is just an opening
shot for the evolution. We'll have second generation of cryptos
that are much more simpler, more anonymous and more scalable.

That would be incredibly nice, but I'm afraid that simplicity / anonymity / scalability will be at odds with each other for a pretty long time, especially when combined with decentralization / trustlessness / security. It already took a paradigm shift to bring the latter 3 together, not sure what it will take for the next step to occur.

Have a look at this.

That's... surprisingly concise. Thanks for the link! It raises some questions (or rather I still need to wrap my head around cut-through blocks) but seeing how there's a concrete implementation in the works you just gave me a new rabbit hole to dive into.


I think bitcoin was born beautiful and difficult to use for over 80% of the people.
To average person the biggest complication comes when they want to transfer a fraction of bitcoin.
People are used with un divisible units of fiat, the smallest 1/100(cent) Now inagine you ask them to send you 0.000974123 Btc. I am saying this because I tried to convince someone to use btc. He couldn’t get it, let alone volatility
Could we have a wallet were it shows and send/receive satoshies. it will be good for the eye too.


Umm... you can actually do that already. Bitcoin Core: Settings > Options > Display > Unit to show amounts in: BTC / mBTC / μBTC

I'm pretty sure most other modern software and hardware wallets have similar settings available.
full member
Activity: 364
Merit: 101
July 17, 2017, 04:36:38 PM
#51
I think bitcoin was born beautiful and difficult to use for over 80% of the people.
To average person the biggest complication comes when they want to transfer a fraction of bitcoin.
People are used with un divisible units of fiat, the smallest 1/100(cent) Now inagine you ask them to send you 0.000974123 Btc. I am saying this because I tried to convince someone to use btc. He couldn’t get it, let alone volatility
Could we have a wallet were it shows and send/receive satoshies. it will be good for the eye too.
legendary
Activity: 2618
Merit: 1105
July 17, 2017, 01:56:17 PM
#50
Same is the problem here with me and many others who got in investors into bitcoins as mediators.
The people who bought in at $2500 because of me, are now asking as to why is this bitcoin getting doomed without any specific reasons. They just googled out and found about segwit2x as well as chain split and soft forks and they even tried to understand the terms but unable to, so they came to me asking about the same as to what is all this about? I tried my best to make them understand but even I was not capable to catch their attention to it and they went off asking me to give them a deadline that till when will bitcoins be back at those prices again. They think I cheated them, but I thought that prices might touch 4k USD based on the scalability issues' news which were coming as resolved few days back. This is not going to be easy and need to wait with fingers crossed and see what happens this August.
full member
Activity: 196
Merit: 100
atun jong
July 17, 2017, 01:09:03 PM
#49
not really Cry Cry

You are like that not me every person has his own way.
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