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Topic: Problems With Bitcoin Part 1: Won't scale for Class 2 civilizations (Read 1599 times)

legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Our coin will be renamed in Terracoin

So we will have Terracoin and Marscoin
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
Airplane reference incoming in 3...2...1...

Quantum Leap Airlines: Instant travel between Earth, Mars and beyond.

This message approved my Alpaca International.


hero member
Activity: 896
Merit: 1000
Seal Cub Clubbing Club
Airplane reference incoming in 3...2...1...
Vbs
hero member
Activity: 504
Merit: 500
(...) When class 3 happens, surely a warp vehicle will be stationed in space purely for the facilitation of warp-speed bitcoin transfer.

See, this is what the op was concerned about, we don't really think far ahead! The warp vehicle will surely become outdated!
donator
Activity: 1218
Merit: 1079
Gerald Davis
The simplest and most non-disruptive way to handle this is to have two chains: bitcoinEarth and bitcoinMars. Transactions can be sent between the two but they will have serious delays--this can be handled by contracts though, I believe, and should not generally be disruptive as until we're at class 3 post-warp society, it will take longer for you to get to mars than your bitcoins. When class 3 happens, surely a warp vehicle will be stationed in space purely for the facilitation of warp-speed bitcoin transfer.

This.
legendary
Activity: 1264
Merit: 1008
Call me when we become a class 2 civilization

lol, sorry for repeat thread then and good work folks Smiley
i think we are still class 0 so don't hold your breath
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Call me when we become a class 2 civilization
hero member
Activity: 728
Merit: 500
165YUuQUWhBz3d27iXKxRiazQnjEtJNG9g
Lets think ahead folks Wink 

Oh ye of little faith.  Rest assured, we are working on it.  https://bitcointalk.org/index.php?topic=56285.0;all
legendary
Activity: 1896
Merit: 1353
hero member
Activity: 798
Merit: 1000
The simplest and most non-disruptive way to handle this is to have two chains: bitcoinEarth and bitcoinMars. Transactions can be sent between the two but they will have serious delays--this can be handled by contracts though, I believe, and should not generally be disruptive as until we're at class 3 post-warp society, it will take longer for you to get to mars than your bitcoins. When class 3 happens, surely a warp vehicle will be stationed in space purely for the facilitation of warp-speed bitcoin transfer.
legendary
Activity: 1264
Merit: 1008

The network implementation as is, in particular the delay between blocks, means that the network cannot work on a large scale system.  The network will lose coherency and forks will develop as nodes become separated by distances approaching 10 light minutes.  For reference, sometimes Mars is further away from the Earth than that.  A series of nested chains with increasing delta T targets and difficulties will be required to have a coherent network for interplanetary or interstellar communities.  Lets think ahead folks Wink       

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