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1832d
replied 1832d
BTC Maxis are probably watching the BTC Dominance percentage like a hawk.
It went down.
replied 1832d
Barely anything uses BTC any more, i think the domination should be below 50%
replied 1832d
Thats the first step of destruction. Eventually utility will take over. .
replied 1832d
In the long term, BCH will be in huge disadvantage in the competition due to the 10 minute blocktime.
replied 1832d
No it won't that is what 0 conf is for. If you look at the roadmap. Secure within 3 seconds is coming up. That will prevent double spends
replied 1832d
I think rewriting the needed numbers with the proper numbers is a more secure and reliable way to fix an issue, than inventing new experimental technologies and solutions to malfix it.
replied 1832d
Crypto will only survive with new technology. Sorry. That's how technology works.
replied 1831d
Shorter blocktimes has other types of problems (higher orhpanrate, insuance change etc.) & is more intrusive than implementing somehting like Avalanche for fast tx finality.
replied 1825d
If you want speed, you really need PoS or BGP validators, or maybe *maybe* DAGs. But not PoW.
If you want best assurance of decentralization, you really need PoW on COTS chips(RandomX)
replied 1825d
This is AVA Avalanche (POS) in test, main net first week of AUG 2020
https://www.youtube.com/watch?time_continue=1&v=VRIDBY2MMtw
Very impressive stuff...
replied 1824d
PoS is synonymous with "cannot be made fungible" and "perverse incentives for holders of large reserves", which are exactly the fucking problems Bitcoin was created to eliminate.