Do you mean make bitcoin into ripple? Why would anyone want that?
I'll concede bitcoin currently has a governance problem. It's ability to change and evolve is important going forward, but we need to find a decentralized solution to the problem, not a centralized one. I'm not even sure what you mean by an audit...how is that necessary?
Eventually bitcoin will solve its problems are be left in the dust. My bet is that the miners gunking up the process will slowly lose power over time, we are already seeing that happen now. There are great examples of how to govern from DAO coins, especially Decred. One of their styles will be adopted eventually.
Topic: Can the idea of creating a Bitcoin Bank solve the problem of transactions? - page 2. (Read 204 times)
March 02, 2018, 11:36:42 AM
March 02, 2018, 11:30:19 AM
Everyone understands that without solving problems with the time of confirmation of the transaction and their price, bitcoin can not develop. The idea of segwit2x did not receive the support of miners. Perhaps you need to create a bitcoin Bank that will combine the functions of a wallet and audit. The functionality should be similar to the stock exchange. Inside the Bank bitcoin can be moved instantly and for a small fee. Coins at the time of the transaction should be frozen and the transaction can be closed only after confirmation by both parties. To manage such a Bank should only core developers to whom you have confidence. Miners will process payments to external wallets. The rate of such payments will not make much difference. Do you think such a system has the right to life?
So rather that solving problems we concede defeat and we transform bitcoin into digital fiat, and be done with it.
Probably you wanted to use different words for it, but man you nailed it...
Quote
Do you think such a system has the right to life?
No, such system doesn't have the right to live and hopefully it will never be born.
For the millionth time, what is the point of ahaving you coins stored in a bank?
It defeats the whole purpose of BTC
March 02, 2018, 11:02:12 AM
Everyone understands that without solving problems with the time of confirmation of the transaction and their price, bitcoin can not develop. The idea of segwit2x did not receive the support of miners. Perhaps you need to create a bitcoin Bank that will combine the functions of a wallet and audit. The functionality should be similar to the stock exchange. Inside the Bank bitcoin can be moved instantly and for a small fee. Coins at the time of the transaction should be frozen and the transaction can be closed only after confirmation by both parties. To manage such a Bank should only core developers to whom you have confidence. Miners will process payments to external wallets. The rate of such payments will not make much difference. Do you think such a system has the right to life?
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