/biz/ - Business & Finance

Satoshi is not god and his white paper / messages aren't the bible

>>17106556
U idiot! he made Bitcoin!!!! How could he be wrong about something he created???? Fucking brainwashed retard

>>17106535
social media is a powerful tool

How does it scale then nigger?

>>17106734
read the fucking quote!! he talks about storage increases so it means bigger blocks!!!

>Re: Always pay transaction fee?
>2010-09-08
>The threshold can easily be changed in the future. We can decide to increase it when the time comes. It's a good idea to keep it lower as a circuit breaker and increase it as needed. If we hit the threshold now, it would almost certainly be some kind of flood and not actual use. Keeping the threshold lower would help limit the amount of wasted disk space in that event.

t. SN

>>17106749
0conf is unsafe and level one to buy a fucking coffee is retarded
L2 and sidechains will enable instant tx and exponential scaling
L1 is only an immutable and unseizable saving account

>>17106753
>>17106778
im surprised how effective core was in brainwashing so many people.
>The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate.
t.SN

>>17106556
Oh now you kikes care about the Bible?

>>17106584
So why didnt he hardcode it to do exactly what the whitepaper says if thats what you want?

>>17106784

>>17106784
fuck off, btc is already centralizing
we need million of nodes verifying that miners don't form a cartel and start bullshiting the network with exotic rules
bsv is already totally centralized, development is single handedly decided by a technobabbler, and there are like what? 200 nodes? all running on amazon aws, and you know that they are not storing redundant data (they hash files, if they match, they don't duplicate it), so basically you only have one single copy on the chain.
What a piece of shit, nobody entering in future could even sync the full blockchain
enjoy your zero hashrate shitfork

Frens buy 0xbtcoin the real bitcoin inside of a desentrelized network that is future prooof buy buy buy
buy buy buy while it cheap!!!!!!!!!!!!!!!!!!

>>17106535
layer 2 is an idea that Hal Finney had
but keep coping and crying about blockstream
they're not even the top LN dev

>>17106843
>development is single handedly decided by a technobabbler
craig does not develop any code for BSV

>>17106784
The entire value proposition of crypto is for people to run their own node you dumbass. If you don't have a bunch of nodes enforcing consensus rules them their is no point to a blockchain at all, you can just run your currency off a database on AWS.

>>17106556

This.

/thread

>>17108668
what do u consider "a bunch of nodes"? 3-4 nodes in different countries would be decentralized enough imo

>>17108668
>The entire value proposition of crypto is for people to run their own node you dumbass.

No. The value proposition of Bitcoin is micropayments and being able to use money in a way that wasn't possible until now. That's what will actually draw people on. You've drank too much of Greg's koolaid.

>>17109789
>micropayments
Only pajeets care about sending less than one cent for “free”

>>17109867
stay poor dumbass

>>17109867

The entire value proposition behind Lightning Network is running a node to collect pennies, lmao. Give me a break.

Real sub-cent micropayments are going to completely change how we use the internet. None of you are ready for what's coming