Bitcoin could have some innovations nowaday ? BRAINSTORMING COMMENTS

riqo

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Quote from: jpbh81 on May 04, 2024, 10:25:04 AM

Quote from: riqo on May 03, 2024, 05:47:33 AM

1. I will start saying that we need more user friendly crypto wallets and a system linking it, simple as it sounds.

Wallets that are so simple, you'll wonder why you ever found them confusing. We'll spice up learning with hilarious videos that break down Bitcoin like never before. Need to pay? Just snap a pic and you're done. And for those who want to save effortlessly, we'll set up automatic plans that work like your favorite subscription. Got questions? Call up our friendly hotline for instant help. Privacy? We've got you covered. Transactions? Lightning fast. Learning about Bitcoin will be a blast with games where you can earn while you play. Plus, who wouldn't love to use Bitcoin emojis on social media? And let's not forget cozy Bitcoin cafés where you can chill, sip coffee, and chat about all things crypto.

Wallets are simple? yes. We could make them more easier? YES, thats my point making them universal en terms of joining other altcoins ecosystems really could be a big reach!

jpbh81

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Quote from: riqo on May 03, 2024, 05:47:33 AM

1. I will start saying that we need more user friendly crypto wallets and a system linking it, simple as it sounds.

Wallets that are so simple, you'll wonder why you ever found them confusing. We'll spice up learning with hilarious videos that break down Bitcoin like never before. Need to pay? Just snap a pic and you're done. And for those who want to save effortlessly, we'll set up automatic plans that work like your favorite subscription. Got questions? Call up our friendly hotline for instant help. Privacy? We've got you covered. Transactions? Lightning fast. Learning about Bitcoin will be a blast with games where you can earn while you play. Plus, who wouldn't love to use Bitcoin emojis on social media? And let's not forget cozy Bitcoin cafés where you can chill, sip coffee, and chat about all things crypto.

riqo

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Quote from: Blitzboy on May 04, 2024, 09:25:57 AM

This isnt about changing Bitcoin itself, its about making it work for everyone. Do that, and Bitcoins not just for the tech nerds anymore. Its in everyone's wallet, used every single day.

To be honest, that's an amazing quote, ''make it work for everyone'', you really deserve some credit for that.

Blitzboy

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Bitcoin's awesome, the best, believe me. But we gotta make this thing easier for regular people to use. Right now, it's like...too complicated (or perhaps people are so lazy). Regular folks see it, they dont get it, and that's a problem. We need to make buying and selling Bitcoin as simple as using your bank. Security too - gotta be top-notch, but explained in a way anyone can understand. Right there, more people would trust it. We need less fancy tech-talk, and more plain explaining - what Bitcoin IS, how it works. Thats how we get grandma on board, see?

This isnt about changing Bitcoin itself, its about making it work for everyone. Do that, and Bitcoins not just for the tech nerds anymore. Its in everyone's wallet, used every single day.

AVE5

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The majority issues being encountered by bitcoin is the government at their restrictions of bitcoin within their territories of financial institutes.
So my input to this is how bitcoin the government can allow their citizens to transact and holds bitcoin to their desires without the restrictions of most especially on the p2p trading.
Then in the technical relative which I don't know the technical possibilities to make this work is how the bitcoin developers and technicians can provide means a central means by which those restricted investors could have a complex and flexible means to trade their assets on the p2p for exchange transactions most prioritizing on those affected restricted regions.
I feel this presentation is impossible but those with deep technical knowledges may have an insight of possibilities. Only that bitcoin doesn't want to be a technology that breaks the laws instead they want to remain calm and reputable else I believe such implementations could be manipulated.

riqo

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Quote from: btc78 on May 03, 2024, 11:53:54 AM

I actually agree. The more and more people become interested in crypto the more I feel like things are getting complicated.

I see, imagine the new people getting into bitcoin they will be lost .....

Plaguedeath

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Quote from: avikz on May 03, 2024, 11:16:53 AM

1. User friendly wallet that calculates transaction fees and gives you options to choose the fees.

Many of Bitcoin wallet already easy to use, whenever you create a transaction, you can choose slow, medium or fast transaction, and you're allowed to custom your own fees. You don't have to create your own address from scratch anymore.

Quote

3. Completely ban BRC20 tokens and fix the gap so that these nonsenses do not show up again.

Alright, since you want to completely ban BRC-20 tokens, it means you treat Bitcoin as non fungible coins. You're also support Ocean mining pool to censor whirlpool transactions, Wasabi wallet censor few addresses, SEC confiscate coins from mixers etc.

Medusah

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Quote from: riqo on May 03, 2024, 10:19:32 AM

The user-friendliness that i meant has nothing to do with the design and user interface of the wallet, but with its possible correlation with other altcoins in a simplified ecosystem for any user, what I mean is that it is as simple as you make a transaction to x person in any cyptocurrency having only ''a one wallet address or their email, user etc...''.

This is called a centralized exchange. I doubt it goes better than that. If person A wants to send money to person B, but A has bitcoin and B wants monero, then you need an exchange to do the conversion. Theoretically, it can work decentralized, but it's a lot more expensive due to the on-chain transactions needed to make use of the scripting language of each crypto.

So, in summary. It's not a UI problem. It's an economic problem.

btc78

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Quote from: riqo on May 03, 2024, 05:47:33 AM

I will start saying that we need more user friendly crypto wallets and a system linking it, simple as it sounds.

I actually agree. The more and more people become interested in crypto the more I feel like things are getting complicated. It’s not just wallets but a lot of upgrades also are getting too complicated and I know beginners might get overwhelmed. Even I who have been into crypto for quite a while now gets a little confused about new improvements that are supposed to be developing projects but in reality they just make things more difficult!

tabas

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Quote from: riqo on May 03, 2024, 05:47:33 AM

I will start saying that we need more user friendly crypto wallets and a system linking it, simple as it sounds.

Are the existing ones aren't user friendly? Because if they are not then no one is able to use them from the people who are beginning to start to adopt and invest on Bitcoin. But even without having someone to teach them personally and real time, as long as they're able to follow step by step, that means that they're user friendly and easy to use. I get your point here and I'd probably focus on the more part if you're not satisfied with the existing ones. Honestly, we've got plenty of them already.

avikz

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I can think of 3 things which will help bitcoin to grow -

1. User friendly wallet that calculates transaction fees and gives you options to choose the fees.

2. Scale to accommodate larger volume of transaction. With global adoption, the volume of transaction is expected to increase. Bitcoin network really needs to scale up.

3. Completely ban BRC20 tokens and fix the gap so that these nonsenses do not show up again.

I think these upgrades/changes can really help bitcoin to grow further and find new user base.

riqo

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Quote from: Plaguedeath on May 03, 2024, 09:51:38 AM

I want to see Bitcoin no longer considered as non fungible coin anymore, so whenever someone or centralized sites receive and send Bitcoin, people will not care anymore if it's "dirty coins", "clean coins", "rare pizza coins", "ordinals" etc etc.

Interesting point of view, i share the same opinion with you Plaguedeath, I honestly consider that the lack of fungibility is a problem when it comes for example to sell Bictoin, you made me think 10 mins straight looking to the ceiling of my room, a possible way to solve the fungibility problem and it is very complicated in the bitcoin ecosystem because it is transaparent.

Quote from: Medusah on May 03, 2024, 09:57:45 AM

Why do people complain about user-friendliness? We have smooth user interfaces.

The user-friendliness that i meant has nothing to do with the design and user interface of the wallet, but with its possible correlation with other altcoins in a simplified ecosystem for any user, what I mean is that it is as simple as you make a transaction to x person in any cyptocurrency having only ''a one wallet address or their email, user etc...''.
Something that would correlate all crypto systems in a simplified environment as easy to use for any user and from my point of view would help more in its growth, and I'm not talking about my ass in this case.

riqo

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Quote from: Maus0728 on May 03, 2024, 09:15:05 AM

The only thing that matters to me right now is to make the transaction in bitcoin much cheaper and faster, I don't like waiting around and at the same time having this anxiety that my payment or the payment for me isn't going through smoothly. I know that there's Lightning Node but I'm not complaining about that, I'm complaining about the general speed of transactions on the network, there's no way that it will be a viable thing to continue on especially with the price much higher than ever, it's not a good idea that bitcoin is taking so long and the fees for doing transaction is getting more expensive whenever there's a surge in market, I want to get my bitcoin out too like any other people during the times that it's a good opportunity to sold, I think that it's a fair trade but seeing the current speed of bitcoin network, it'll probably take some time before that can happen.

Very good point, exactly as i think, speed and network saturation maybe could be fixed in the near feauture as the transaction fees, i really liked ur point.

Faisal2202

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At the moment I could only enlist those things that I have less or now knowledge of, which I want to become generic or easy for me that I could easily start doing those things. And that would be mining. I know I don't have huge resources but if things would be a little easier and understandable for me I will definitely give a try to BTC mining. And if some tools came along which are obviously going to be third parties as current tools mostly in use are open source and I don't want to use close source one so in short tools should be open source and verified.

If any tool came into being that will make mining a little easier like in terms of implementation of things then I will like that more and will become a miner myself with the little funds I have. In our country solar panels are cheap so I can really give it a try. I don't know exactly which tool or system we need just an idea. Plus I don't want any other thing for now.

Medusah

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Why do people complain about user-friendliness? We have smooth user interfaces. Electrum for desktop and Bluewallet for mobile are the way to go for a complete beginner.

Quote from: Amphenomenon on May 03, 2024, 06:02:43 AM

I wonder if you ever use a bank app before

Exactly! With Revolut and Paypal as exceptions, I have never found one banking app that is user friendly. Every bank builds their app on different design and standards, so when you migrate to another bank, it's always difficult to get used to it.

Plaguedeath

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I want to see Bitcoin on-chain could automatically integrated with Lightning network without need to fund from on-chain.

I want to see Bitcoin no longer considered as non fungible coin anymore, so whenever someone or centralized sites receive and send Bitcoin, people will not care anymore if it's "dirty coins", "clean coins", "rare pizza coins", "ordinals" etc etc.

Husires

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Bitcoin really simplifies many concepts, so you don't need detailed knowledge to learn to create an address, generate a private key, broadcast a transaction, prove ownership by signing a message, or make recurring payments via the Lightning Network.
The basics for all financial systems exist, and trying to add more complexities, such as adding images, videos, and words on the network, will increase fees and complicate the user experience.

Maus0728

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The only thing that matters to me right now is to make the transaction in bitcoin much cheaper and faster, I don't like waiting around and at the same time having this anxiety that my payment or the payment for me isn't going through smoothly. I know that there's Lightning Node but I'm not complaining about that, I'm complaining about the general speed of transactions on the network, there's no way that it will be a viable thing to continue on especially with the price much higher than ever, it's not a good idea that bitcoin is taking so long and the fees for doing transaction is getting more expensive whenever there's a surge in market, I want to get my bitcoin out too like any other people during the times that it's a good opportunity to sold, I think that it's a fair trade but seeing the current speed of bitcoin network, it'll probably take some time before that can happen.

Aanuoluwatofunmi

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Quote from: riqo on May 03, 2024, 05:47:33 AM

I will start saying that we need more user friendly crypto wallets and a system linking it, simple as it sounds.

Is this the kind of improvement service you would have wanted to have with the bitcoin network, i don't think this is a challenge right a way because we all have the right to make decision on the kind of wallet to use for our bitcoin, how to store the keys and many other safety means, all i expect to see was about the improvement proposals or the ordinals challenge, but the use of bitcoin wallet is left at our own discretion to decide on what we want.

Concerning user friendly wallets, bitcoin has a lot of wallets types base on what we want to use them for, there are some for beginners like exodus, some for professionals like electrum, and many other wallets like sparrow or blue wallet and you can make use of bitcoincore as well to run a full node.

kryptqnick

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Bitcoin is already very generic, and I don't think anything needs to be done in that regard. Perhaps what the op's asking about is user-friendliness and accessibility? I personally find non-custodial wallets like Electrum quite understandable and easy to use, but perhaps a wallet that looks more like online banking and gives you warnings for newbies to double-check the address and mind that transactions can't be reversed could be helpful.
Then, of course, there are centralized solutions that make Bitcoin easier to use as well as can make cheap instant transactions possible (because the transactions aren't actually happening on-chain).

Topic: Bitcoin could have some innovations nowaday ? BRAINSTORMING COMMENTS (Read 283 times)