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Bitcoiners strike a balance with on-chain and off-chain transactions because Bitcoin has several properties which make it undesirable for many sorts of transact
by patio11 12y ago
Bitcoiners strike a balance with on-chain and off-chain transactions because Bitcoin has several properties which make it undesirable for many sorts of transactions. A short list would include 20~60+ minutes for transaction capture, lack of a way for merchants to initiate transactions (the dominant method in B2C commerce in the US), user-unfriendliness of much of the ecosystemic software, etc.