[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.16784544 [View]
File: 1018 KB, 600x450, h92BnFt.gif [View same] [iqdb] [saucenao] [google]
16784544

remember in the first few years of BitCoin when people were talking about microtransactions and implementing BitCoin into the internet experience?

>steam
>microsoft

you socialist soibois have pissed in the well you drink from for the last 5 years, BTC has become unrecognisable in aspirations compared to the early days

what has happened in btc in the last 3 years? basically fuck all

you killed experimentation with unnecessary fee pricing and push it all to LN which is a complete, exponential fuck up

Bitcoin survives as BSV

>> No.16293798 [View]
File: 1018 KB, 600x450, h92BnFt.gif [View same] [iqdb] [saucenao] [google]
16293798

bitcoin is turing complete
you can't kill bitcoin because it is designed to survive more and more

>> No.15967288 [View]
File: 1018 KB, 600x450, h92BnFt.gif [View same] [iqdb] [saucenao] [google]
15967288

>>15960053
then the miner misses out on other real fees

and if his block is too large, filled with his own transactions, it might take too long to propagate and a competing block will reach other nodes before his, leaving other miners to build upon the competing block. His block would be orphaned.

BitCoin is about incentives. No millionaire miner would harm his business in this way for too long.

Navigation
View posts[+24][+48][+96]