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Topic: The currently Active and Next Steps of BTC infrastructure development (Read 193 times)

legendary
Activity: 2884
Merit: 1117
Definitely lightning network or something like that which would make bitcoin once again faster and cheaper should be the number one deal. Look at transactions now, it is so much that it broke all previous records and because of the difficulty change and the halving change there are less machines working right now (since small miners can't profit) so the fee's increased like hell. We can't just keep on making miners rich and live like this, that is not really an option in the long term since its unsustainable as well

So at the end of the day, we need to figure out a way that would make is no longer rely on miners to be strong and powerful to pass all our transactions quickly. Prices have always gone down when we had this problem, last time was 2017 peak and we dropped after that as well. So all in all we just need to focus on cheap and fast transactions, that is number one priority.
legendary
Activity: 3108
Merit: 2177
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fillippone has a pretty good overview thread over here:
https://bitcointalksearch.org/topic/a-look-at-innovation-in-bitcoins-technology-stack-complete-with-references-5207455

In my opinion LN and its related technologies is currently one of the most important frontlines, especially in terms of usability and stability. Followed by anything that would increase transaction throughput, such as Schnorr signatures.

Long term I'm especially curious about where Simplicity will lead us.
legendary
Activity: 2492
Merit: 1232
Scroll down and you will see the "move topic" option below of this thread.

And move to the appropriate board. For Development and technical stuff, you will find it here, Development & Technical Discussion.

I'm also looking forward on how to learn about Lighting Network, I always visited on that board to gather ideas regarding technical stuff.
newbie
Activity: 28
Merit: 21
I am so sorry, I was under the impression I was in the Bitcoin Discussion section of the forum Roll Eyes

This thread doesn't really fit this section, but i cant delete my own threads. Any help from a mod would be nice.
newbie
Activity: 28
Merit: 21
I am looking at the Bitcoin space and I see great things happening in progressive steps:

  • Looking at the commits to the Bitcoin Core is one indicator
  • The Lightning Node Network is another great development providing a possible future for feasible use of POW based cryptocurrencies in micro and everyday transactions
  • Wallets have come so far from the days that I started using Bitcoin (e.g. UI's, Security, etc. )
  • Exchanges have also made leaps and bounds (However, given the role they play, I feel they have a lot to improve on to be up to spec.)

My question is, what do you think are the current critical frontiers in infrastructure development in Bitcoin? Not just the Protocol itself, but the entire first and base application (currency). I guess we could categorize it thematically:

  • 1st and 2nd layer Protocols
  • Ease of Use
  • Exchanges and third party infrastructure

if you can think of other development themes, please let me to know to add it to this list.

But it would be great to have a thread where we discuss the developments, why they are critical and what efforts are being made towards them.
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