3 ms·
Considering the author seems to be committed to BCH gives this list a somewhat jaundiced perspective. The LN vs BCH arguments are quite fervent mostly because i
by dkobia 5y ago
Considering the author seems to be committed to BCH gives this list a somewhat jaundiced perspective. The LN vs BCH arguments are quite fervent mostly because it is likely a zero sum game - the bitcoin purists vs the pragmatists.
- mattwilsonn888 5y agoI feel I have to defend Bitcoin a bit here - its not like the Bitcoin fork most popular today, "Bitcoin," is the result of just purism - there are legimitate reasons for stick with small blocks, namely, optimizing for decentralization which is pretty important for the pilot run of crypto in a world where corps would love to have control over these protocols. Of course BCH folks would say that corps have hypnotized the BTC community and convinced them that small blocks are good, when in reality they just want to cripple it so it can't compete with traditional payment methods. The main issue I take with BCH folks is they act like smaller blocks are worthless - if they at least addressed the merits with some earnestness it would be easier to see them as rational in their reasoning.
- mraudiobook_com 5y agoI'll bite. In 2021 what is the benefit of a 1mb block over a 10 mb block? Of course there is none I can think of. Any miner big enough to put a $20k+ into mining hardware needed to be competitive wouldn't blink at the $100 hard drive needed as well. The Blockstream/Core people convinced many of the lie that non-mining nodes "secure the network" which is not true of course.