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The underlying problem with bitcoin is the same one with P2P and it's still has not been solved. IE, scalability of a decentralized network. Internet went the
by fredgrott 6y ago
The underlying problem with bitcoin is the same one with P2P and it's still has not been solved. IE, scalability of a decentralized network. Internet went the other way with a live-able scaling solution based on mixing non decentralized with decentralized.
My prediction is that it will go the way of internet in that a set of orgs that are transparent will form the centralized structure to scale it at live-able terms and scaling.
Does that mean pure P2P is not a scalable solve-able solution?
It's a 5 systems level problem which means it takes more time, money, and sacrifice than people think to reach a discoverable solution.
IMHO
- itsdsmurrell 6y agoTry Bitcoin Cash. It's the one that implemented Satoshi's suggested upping of the block size limit, has the same block history as BTC up until the fork, and solves moving value at low fees. This operation is the one people should care about the most. Fancier things will take time. The community hangs out at r/btc by historical accident.