Topic: Are we over complicating Bitcoin? - page 3. (Read 8334 times)

Nope. Any version is a version and will be considered valid by people who use it (being minority or not) ... it is fundamental do not mess with fundamentals please. We are trying to teach newbies here not to make them more confused, for the god sake

People who are determined to run a fork will do it and once it has been done, they don't care how many votes they have. They just stick to their balances and newly mined coins being named whatever.

Couldn't have put it better myself!

Understanding bitcoin and understanding the value of a currency are very different IMO. Blockchain technology and the market that encompasses cryptocurrencies are two very different fields, so I would be careful combining them

For the person with some average techical knowledge Bitcoin is not that much complicated unless you want go realy deep in the system. But people would like to becom experienced profitable traders over night and understand everything about Bitcoin just in a few days. That is not how the things are working and it takes time. But it's essential to understand basic principles.

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.

from where i'm sitting almost every single person involved in that was either an asshole, criminal and usually both.

i'm sure there were a few people in it for the right reasons but they were always in a minority.

No, but the blockchain needs to get improved fast.
Do we need more exit nodes for example? To speed up transactions?

We have tried this before and it was called The Bitcoin Foundation. It started with honorable intentions and then money got involved. In the end ego's and greed took over and the funding dried up for that initiative. ^grrrrrr^ Nope, this will not work to solve this problem. We need large scale education about these changes and Press involvement way in advance. A spokes person from the Core developers should actively engage directly with the Press to get the message out. < Gavin did this, but then it went to his head >

We also need to speak from one mouth. ^hmmmmm^

A centralized advocacy group (bringing all cryptos together), and proper education to the "normies" would go a long way. Something to bridge the gap between "us" and "them"

I have read all the posts here thoroughly thanks to his guidance which has overcome my doubts which may be because I myself make bitcoin hard to understand.

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.

FTFY

I think the services will make it less complicated. The exchanges has already said that most of them will support both the legacy coins and the

new BIP148 coins, if there are a Coin split. {Well most of them} I think the choice and decision making will be a bit tricky for the users, but once

this has been implemented for a while, things will become more familiar. There is always a bit of a learning curve with new ideas. 

I don't think people are trying to make it any more complicated than it already is...unfortunately its a complicated system, but there are way of trying to explain it in more layman terms


Agreed, when you are trying to explain it, making it accessible to those without as much background is great, but that isn't always easy

Basically this technology makes the renewal of the era.
The old bank system will be replaced by something we can manage on our own with more advanced knowledge.
Whether learning is complicated, it all returns to our curiosity about the renewal itself.

Science is simplicity. Once you can't describe a subject for average audience comprehensively, I assure you: definitively you have not a clue about it.

Cryptocurrency?
Easy! It is  consensus about a public ledger (prepared and maintained by everyone who wishes to participate) plus a little tweak, contributing to this process (book keeping) deserves reward and this reward is just another article added to the ledger by the participant/accountant which here is called 'miner',  ...

See? It is not too complicated and I have seen very ordinary people catching up almost easily with the concept.

UASF?
Easy! If at some point some accountants may decide to change the protocol while others may not follow the proposed changes, there will be two versions of the ledger, two coins eventually. A mess in the very first days, better to remain calm in the event then choose your prefered ledger/coin after the storm, or even use both as you may have records in both ledgers at the same time! You know there will be no dispute about the past it is just about the future and future is formed by your choices through your transactions and not the protocol and the accountant/miners whom their business is registering the events ...

See? Every scientific or technical subject can be described simply and comprehensively if and only if it is understood by the teacher, beforehand.

The end user should not see the difference. If a bank changed it's ledger system, you as the client should not be bothered by the changes. < Suddenly faced with choices that you do not understand > Bitcoin is a global technology and it is used in some 3rd world countries with educational challenges.

Bitcoin developers should hide the technical side, and mimic the ease of use these people have with cash. Why would these people adopt a technology/currency that they do not understand?

It can't be simplified. Because the elements in the system are complicated. So we should do continuous learning. It's the time of begining of adoption of bitcoin.

no. it should not be simplified when there are potential issues like this and all the other things like correct security, change addresses and fee variance and on and on. there is no bank to come and bail you out.

to pretend you're not taking your finances into your own hands with the possibility for things to go wrong is not helpful.

We're in the very beginning of BTC adoption. I remember 30 years ago when people used to say "in the future we'll need to know how to use computers" and by "to know" they mean knowledge about coding in a very non userfriendly ambient. And them Apple, Microsoft, the mouse, plug&play and so on was created... and things went very easy, so nobody need to really know about computers, people just use it (and do a lot of dumb things, of course, because they don't know the technology in deepness). So, in my opinion, we'll reach a moment when cryptos will be very user friendly and that will depend on some smart guy like Wozniak, Jobs or Gates to create friendly ways to use crpytos.