> Instead of using sidechains, just use channel factories.
> You do not need to broadcast the entire internal ledgers of those
services, only their customers need to know those internal ledgers, and
sign off on the updates of those ledgers.
That's right, all you need to broadcast is a small
>Financially incentivising nodes is a really weird area because it would
allow someone to essentially automate the deployment of nodes. i.e. if a
node can pay for itself 100% (even at a lesser value, it just becomes
cheaper overall), you could write an application that uses an AWS API or a
digital
Perhaps if there were a message that would nag your stdout or log output
letting you know there's a new version available, or N more versions
available and that you might be missing out on X security patches, Y
protocol improvements, depending on how far back you are, you'd be tempted
to upgrade,
I've been sharing a similar solution for the past 2 weeks. I think 2016
blocks is too much of a wait, I think we should look at the mean block size
during the last 60-120 minutes instead and avert any crisis caused by
transactional spikes that could well be caused by organic use of the
network
so you want us to, (i) at the moment of payment decide wether to pay a tx
fee, or to include some data about what the transaction is about...
(ii) and (iii) are out of the question as you'd be forcing people to not
have privacy, which is one of the main reasons people use bitcoin, just
paying like
By increasing the size of blocks, transaction fees may not be available
to supplement mining revenue and so those who do not have access to cheap
or free power to mine;
why?
wouldn't a bigger block size actually allow for more transactions per
block, therefore more fees to be collected, and the
Like this?
https://gist.github.com/gubatron/143e431ee01158f27db4
http://twitter.com/gubatron
On Fri, Aug 14, 2015 at 5:59 AM, Jakob Rönnbäck
bitcoin-dev@lists.linuxfoundation.org wrote:
Greetings,
a thought occurred to me that I would love to hear what some bitcoin
experts think about.
tell that to people in poor countries, or even in first world countries.
The competitive thing here is a deal breaker for a lot of people who have
no clue/don't care for decentralization, they just want to send money from
A to B, like email.
http://twitter.com/gubatron
On Tue, Aug 11, 2015 at
- policy neutrality.
- It can't be censored.
- it can't be shut down
- and the rules cannot change from underneath you.
except it can be shutdown the minute it actually gets used by its inability
to scale.
what's the point of having all this if nobody can use it?
what's the point of going
