Re:A from-scratch tour of Bitcoin in Python
by tsimionescu on Tuesday June 22, 2021 @03:05PM
(#27595757)
> moreover, bitcoin aims at being a concise and focused base layer on top of which secondary layers and sidechains can be built.
Have you ever read the white paper that outlines what bitcoin aims to be?
It should be p2p cash then turn into store of value after some years and then it becomes the settlement layer for centralized second layer solutions that only exist because the first layer sucks.
Just kidding, it should only be p2p cash and it failed at that.
PoW/PoS will be replace by FBA in the next years and every system that can not switch away from PoW will become irrelevant.
Re:A from-scratch tour of Bitcoin in Python
by uncletammy on Tuesday June 22, 2021 @05:12PM
(#27597287)
> Have you ever read the white paper that outlines what bitcoin aims to be?
... or even the title
Re:A from-scratch tour of Bitcoin in Python
by uncletammy on Tuesday June 22, 2021 @05:26PM
(#27597447)
> taproot, which recently locked in, reduces the space needed to represent complex contracts.
Complex contracts? Are you joking? What kind of complex contracts do you think can be done on BTC? Their scripting language and capabilities has been neutered just like their blocksize. Good luck writing a useful contract on BTC.
taproot, which recently locked in, reduces the space needed to represent complex contracts.
moreover, bitcoin aims at being a concise and focused base layer on top of which secondary layers and sidechains can be built.
your absolute statement "exactly zero" is absolutely wrong.