itsdsmurrell

Yes, I agree, the article is very bad and I don't know how it got upvoted so highly here.

This explanation misses a lot. When I watch an advert a second time, it seems to pass a lot faster than the first watch. My brain however has not changed at all. It seems that novelty is the main factor causing the perceived slowdown of time and that lack of novelty (less things surprise me as I age) makes time seem to pass more quickly. This also explains why staycations pass a lot faster than a trip somewhere new.

You're looking for Bitcoin Cash, the Bitcoin that continued being a medium of exchange.

Money printer go brr.

What is that simpler protocol?

Can I use this in minecraft?

I'm glad you added the /s for the sake of the person you're replying to.

The real problem is how much the bank earns off the interest it charges you throughout your life while it had to do what?... create new money from nothing into the money supply with special permissions given to it by the government. This is why housing is so expensive to begin with. This bullshit needs to stop.

Is there a point to this article?

This couldn't be further from the truth. You sound like a BTC maximalist.

How is this a story. I've seen this myself.

Bitcoin Cash has taken the approach that Bitcoin should have. On chain scaling.

Yep, dead wrong. If you hand someone a private key, you now both have control of those coins.

Probably depends on your aversion to losing it all. If it's a dollar go for it. If it's 100 dollars, again, take the bet. If it's your life savings of 50000 dollars and going to 0 would be worse for you than 70/30 doubling your money, you don't want to go for it.

Correct, that's why many left and support Bitcoin Cash now.

If the fix is so simple (I do this all the time btw), why waste people's time?

Medium is the worst.

Is this really your question?

cough Bitcoin Cash cough

Increasing the blocksize was always Satoshi's plan:https://bitcointalk.org/index.php?topic=1347.msg15366#msg153...

This means that when the coinbase rewards run out, the fees pay for the mining. Small fees, keeping the network useful, for billions of transactions (bandwidth and storage costs decrease according to Moore's law). With this final state, individual on-chain transactions would not take much energy at all.

Correct, BTC is not peer to peer cash, try the real Bitcoin, Bitcoin Cash.

They (the devs that control the repo that almost all miners run code from) chose to stifle the base layer to profit from higher layers using 'goat herders should be able to run a full node' as the excuse.

For anyone who joined late: https://www.reddit.com/r/btc/comments/61mxuj/block_size_limi...

Wrong, they are opposed to changes that will stop them from profiteering off higher layer solutions they provide.

Try Bitcoin Cash. The devs have full control over the BTC protocol.

Yes, many people miss this. It's meant to replace banks and provide an alternate system of money. I have my hopes on Bitcoin Cash for this.

This is great... easier rails into hard money (crypto).

Hey, this is amazing! Is it open source? I'd like to see if it's possible to apply to the Bitcoin Cash blockchain (the one that I support because I believe that BTC was intentionally stifled (not increasing the block size when it should have been) and is centralised at the repo level.

I'm just going to leave this here: https://www.youtube.com/watch?v=HwS4e1P1yF4

Try Bitcoin Cash, they have https://cashfusion.org... it's like a mixer you can switch on in your wallet and because the fees are what they are meant to be (according to Satoshi - https://satoshi.nakamotoinstitute.org/emails/cryptography/2/), the mixing cost only a few pennies.