Re:Bitcoin cash mining profits jump
by kobeya on Saturday August 19, 2017 @05:16PM
(#15055660)
No chance among those who understand how and why bitcoin works. An unlimited bitvoin is worthless because it could be replaced to centralize ledger, and will be eventually. Bitcoin is in extraordinarily inefficient system that would serve no purpose if not for the decentralization that limits protect.
[ Parent
| on HN ]
As someone who understands Bitcoin - I have no idea what you're talking about..
Re:Bitcoin cash mining profits jump
by rothbardrand on Saturday August 19, 2017 @06:43PM
(#15056051)
Larger blocks increase centralization. This has become a litmus test for "understanding bitcoin". There's a lot of people who thin they understand but what they understand is an narrative that's been spun for them that isn't technologically correct.