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devname
·5 tahun yang lalu·discuss
ICE cars emit roughly their weight in CO2 every year. Within a few years the new Tesla is net negative. Compare your options.
devname
·5 tahun yang lalu·discuss
A triangle ABC of lightning nodes opens a channel with 1 bitcoin between nodes. 3 bitcoins total.

Each node can have a state with a total of 2 bitcoins. That's 6 bitcoins.

It'd be a race to close channels, and only if the channel value is above the fee-floor, else the settled value is $0.
devname
·5 tahun yang lalu·discuss
Tried that in 2017, but the stream got blocked.
devname
·5 tahun yang lalu·discuss
Less popular? Bitcoin Cash BCH is handling more transactions than BTC, with insignificant fees.
devname
·5 tahun yang lalu·discuss
If you never close channels, you can print infinite Bitcoins. No one knows the true state of a channel until it is settled.
devname
·5 tahun yang lalu·discuss
Bitcoin Cash has handled more transactions than small-block core for two months now. https://bitinfocharts.com/comparison/transactions-btc-bch.ht...

Read the first page of the Bitcoin whitepaper: https://www.bitcoin.com/bitcoin.pdf.

It's a protest against fees and intermediaries. Now we see BTC claim to be Bitcoin, but it is crippled by high fees and custodial intermediaries.
devname
·5 tahun yang lalu·discuss
If bitcoin replaces the middlemen of transactions, why does Square and Jack Dorsey promote them?
devname
·5 tahun yang lalu·discuss
I want people to earn and spend Bitcoin Cash. Almost all bitcoiners want this.
devname
·5 tahun yang lalu·discuss
The energy usage is for mining new bitcoin and collecting fees, not "7 transactions per second". Newly mined bitcoin will be used for infinite future transactions.

If you want more settlement with same store-of-value properties, use Bitcoin Cash.