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Topic: Simplistic fix for blocksize problem... - page 2. (Read 1720 times)

legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 30, 2015, 07:50:25 AM
#12
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.
legendary
Activity: 1386
Merit: 1000
English <-> Portuguese translations
September 30, 2015, 07:36:22 AM
#11
Oh god, how a perfect solution.
Such good scalable solution, everytime we need more we create Bitcoin(X+1)
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
September 30, 2015, 07:21:57 AM
#10
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!
newbie
Activity: 31
Merit: 0
September 30, 2015, 07:15:52 AM
#9
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.
hero member
Activity: 658
Merit: 500
September 30, 2015, 04:29:01 AM
#8
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.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
September 30, 2015, 04:24:07 AM
#7
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.
legendary
Activity: 2954
Merit: 4158
September 30, 2015, 04:20:46 AM
#6
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.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
September 30, 2015, 02:20:06 AM
#5
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. 
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
September 29, 2015, 11:58:37 PM
#4
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.
legendary
Activity: 1218
Merit: 1000
September 29, 2015, 11:53:18 PM
#3
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?
Grin You are going to create another altcoin. You are destroying it. Try to think in this way you are holding dozens of bitcoins.
legendary
Activity: 1526
Merit: 1034
September 29, 2015, 10:47:32 PM
#2
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.
legendary
Activity: 1848
Merit: 1165
My AR-15 ID's itself as a toaster. Want breakfast?
September 29, 2015, 09:16:30 PM
#1
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?
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