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If Coinbase gets sufficiently mainstream, I suspect it will mitigate a lot of this. A transfer of BTC between two Coinbase users can happen off-chain, which me
by cbhl 6y ago
If Coinbase gets sufficiently mainstream, I suspect it will mitigate a lot of this.
A transfer of BTC between two Coinbase users can happen off-chain, which means skipping the work necessary to mine a block including the given transaction.
- lysecret 6y agoSo..... a bank?
- Hallucinaut 6y agoWhich then negates the espoused benefits of Bitcoin, no?
- hctaw 6y agoDoesn't that defeat the entire purpose of cryptocurrency