Who's doing this to my internet?

Re:Who's doing this to my internet? by mcv on Tuesday July 28, 2015 @10:43AM (#9961820)

I don't think it's true that you can't change how bitcoin works. I'm no expert, but as I understand it, if more than half the network agrees with you, you can change it.

I think the main problem with bitcoin is that it doesn't scale, because every transaction has to be approved by the entire network. More payments and a bigger network means the number of validations goes up quadratically.

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Re:Who's doing this to my internet? by Frondo on Tuesday July 28, 2015 @10:46AM (#9961837)

"change half the network" doesn't meet any definition of democratic access to power that I am familiar with.

People don't need to do a turn on a garbage collection route to vote on how their municipal garbage service is run.

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Re:Who's doing this to my internet? by maxtheman on Tuesday July 28, 2015 @01:32PM (#9963166)

"change half the network" is almost the textbook definition of democracy.

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Re:Who's doing this to my internet? by Frondo on Tuesday July 28, 2015 @03:32PM (#9963963)

Democratic access to power has in no other circumstances required knowledge of coding.

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