Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Frogolocalypse on Saturday December 09, 2017 @11:04PM
(#15889825)
By aggregating commits to the blockchain, and doing them in batches.
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by leshow on Sunday December 10, 2017 @04:38AM
(#15890679)
Sorry but non of this sounds very convenient or useable. It seems like you just really like btc so you're making concessions on usability.
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by Frogolocalypse on Sunday December 10, 2017 @05:51AM
(#15890856)
> Sorry but non of this sounds very convenient or useable
Then you don't understand how bitcoin works, so it's probably best you refrain from commenting on bitcoin architecture.
Re:Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
by leshow on Wednesday December 13, 2017 @09:41AM
(#15914466)
You can't explain how your bitcoin debit is usable without paying a high fee or waiting a long time, so I don't know how bitcoin works? I hardly think that's fair. Your responses are practically non-sequiturs.
Lightning network hasn't been rolled out yet. It has nothing to do with our conversation.
Replace by fee is a thing, as long as the tx is unconfirmed it could be replaced. You're effectively saying the wait time is now 3 days unless you want to pay a fee of several dollars. So that rules out most transactions.
How do you pay for anything given those restrictions?