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I have a question, why not to solve the bitcoin issues another way: by decreasing the amount of transactions by changing the way of paying with bitcoins. I sug
by meshr 11y ago
I have a question, why not to solve the bitcoin issues another way: by decreasing the amount of transactions by changing the way of paying with bitcoins. I suggest using bitcoin wallets as a cash banknotes and send bitcoin private keys (i.e. the wallet itself) instead of paying from the wallet to transfer money. So everyone should have a set of bitcoin wallets with different bitcoin amounts instead of using one bitcoin wallet.
This method has some advantages: instant transactions, zero fees and anonymity.
The disadvantage that I can see is the necessity of development the mechanisms of having “the change”, probably specialized bitcoin fork, or it can be solved by using hybrid method: usual transaction + bitcoin wallet private keys sending.
“The change” is not necessary for some types of payments: like gifts, balance replenish, or periodic payments which bitcoin has lack of support now. It’ll definitely help to decrease amount of transactions here.
- kang 11y agoBecause no one prevents the sender to keep a copy of that wallet. Wallets are nothing but list of your private keys. Suppose I gave my private keys to you, what prevents me to not use them before you use those keys?