Simplistic fix for blocksize problem... - page 2.

MicroGuy

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Quote from: JaredKaragen on September 29, 2015, 08:16:30 PM

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

I don't think increasing the maximum blocksize to 8MB (static, not Gavin's crazy idea) would be a whole redesign of the current code. It's a tiny, tiny tweak.

Too bad Satoshi disappeared, this is what he would have done already.

DarkHyudrA

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Oh god, how a perfect solution.
Such good scalable solution, everytime we need more we create Bitcoin(X+1)

Mickeyb

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Move On !!!!!!

Quote from: JaredKaragen on September 29, 2015, 08:16:30 PM

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

The problem is that people want the security of the Bitcoin network, even for small transactions. And if they are small, it doesn't mean that they are not valuable. You have merchants that just deal in many small transactions.

So all this time you were telling them that they will have security of the Bitcoin network and now you just need to tell them that it won't be Bitcoin but some other alt. That doesn't work this way!

There is no simple solution. If there was one, it would be implemented already!

meyns

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Quote from: Kakmakr on September 30, 2015, 01:20:06 AM

Quote from: JaredKaragen on September 29, 2015, 08:16:30 PM

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

What do you tell to the 150 000+ merchants that already adopted Bitcoin? There is also millions of dollars invested into development of Bitcoin based businesses.

Your solution sounds simple, but it's a lot more complicated than that. The alternative would be to just lift the block size a bit, and see how it goes.

A lot of the merchants accepting bitcoin can already accept other altcoins.

zetaray

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Using a different crypto is your solution for fixing bitcoin blocksize problem? That is not fixing anything, that is sending users away. We already have solutions to the problem, we just need to have a majority on one of them.

dothebeats

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Using another altcoin to replace bitcoin just for the sake of speed is killing bitcoin itself. Also, a hardfork itself wouldn't kill bitcoin. By just not using bitcoin kills the entity itself.

ranochigo

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Quote from: JaredKaragen on September 29, 2015, 08:16:30 PM

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

Bitcoin currently have much more stable value than alt coins. Many merchants only accept Bitcoin via bitpay or coinbase, asking people to switch to altcoins would not be a solution as their POS options is severely limited. Also, with the high hashrate of Bitcoin, it would be much more expensive for people to attack it instead of Bitcoin.

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

Quote from: JaredKaragen on September 29, 2015, 08:16:30 PM

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

What do you tell to the 150 000+ merchants that already adopted Bitcoin? There is also millions of dollars invested into development of Bitcoin based businesses.

Your solution sounds simple, but it's a lot more complicated than that. The alternative would be to just lift the block size a bit, and see how it goes.

gentlemand

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Welt Am Draht

People moan about Bitcoin's volatility, that would be nothing compared to this mythical alt if it was subject to the whims of BTC usage.

Outlander

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Quote from: JaredKaragen on September 29, 2015, 08:16:30 PM

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

You are going to create another altcoin. You are destroying it. Try to think in this way you are holding dozens of bitcoins.

jeffthebaker

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You don't see why people don't simply just use another altcoin instead of Bitcoin? If you want to kill Bitcoin, it's not through a hardfork, but rather by simply not using it.

JaredKaragen

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Activity: 1848

Merit: 1166

My AR-15 ID's itself as a toaster. Want breakfast?

There is a stupid simple way to not destroy bitcoin's value and cause forks and still allow for wiggle room when it comes to blocksize:

For smaller faster transactions; just use a frikken altcoin thats based around speed....

That is all. Simple right?

I don't see why people can't wrap their heads around this simple concept..... and instead they would rather risk everything falling apart over a whole redesign of the currently stable system.

Input?

Topic: Simplistic fix for blocksize problem... - page 2. (Read 1768 times)