Tippin.me – Micropayments on Twitter

Re:Tippin.me – Micropayments on Twitter by amasad on Thursday February 21, 2019 @05:40AM (#19215907)

It's all fluff and nothing of substance. Add to that all the 51% attacks. Ethereuem World Computer couldn't handle some kitties.

Come on. Bitcoin is here. Bitcoin works. Bitcoin is battle tested.

Obviously anyone choosing to altcoin is doing it as a quick-get-rich scheme and not actually trying to build something useful.

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Re:Tippin.me – Micropayments on Twitter by Cthulhu_ on Thursday February 21, 2019 @05:41AM (#19215916)

Bitcoin is not suitable for actual transactions though, with its low transaction rate.

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Re:Tippin.me – Micropayments on Twitter by 0xferruccio on Thursday February 21, 2019 @06:00AM (#19215994)

LN is a good solution imo. Bitcoin transactions only happen when opening and closing a channel (which is kind of like moving money from a savings account to a prepaid card) after that you can do as many payments as you want. Eventually I guess Bitcoin will move to having larger blocks, but that largely depends on the world getting faster connections for node syncing and hard disks price going down (to store the actual blockchain)

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Re:Tippin.me – Micropayments on Twitter by amasad on Thursday February 21, 2019 @05:43AM (#19215926)

Hence Lightning Network. If you look at the history of innovation you'll find that it's all layered. The internet is a prime example of layering. Why should we expect Bitcoin to be any different?

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