What do you think creates a bitcoin Maxi. You think we are born in a vacuum
I dont know. Your point is nonsensical. Stop marrying your monero
To large as in memory storage for the blockchainâŠâŠ.đ€Ą
Yea umm, not that fast. More like 10mins a block with a size of 4mbâŠ. Monero would grow to fast with network adoption. Truth hurts, its just an altcoin and will stay that way
XMR would be under government compliance pretty fast because running a node wouldnât be feasible for the average user
So how many TerraBites would it be if it was in BTCs position in the market?
And because of that, failing to be a decentralized settlement layer. Privacy featured on the base layer does have a drawback
Its in Monero blockchains best interest it stays a small alt coin and used to atomic swap with btc to help privacy
You are showcaseing my point. It processes sliver of the amount of transactions and its already a third the size. If it had the transaction demand that bitcoin does, then only centralized servers would be running a node.
Yea, and the reality is that, if it were to have the network effect like bitcoin. The blockchain would grow so large that full nodes would be centralized and the chain be captured. There is no block size limit and monero transactions take more space. Monero is niche and has very specific uses.
If activated, Drivechains can solve Bitcoinâs security budget concerns by allowing miners to collect lots of transaction fees from other sidechains they can secure.
This can also be a scalability benefit, as newcomers can get onboarded directly on sidechains and from there they can open Lightning channels or benefit from extra features that the bade layer doesnât have (privacy, smart contracts).
But the biggest tradeoff is that miners become more powerful through Drivechains â which is a consequence that some Bitcoin users donât want. The miners will become responsible for choosing which sidechain they activate and secure, then they must also make sure that they enable peg-outs so users receive their bitcoins back on the base layer.
My biggest criticism is that this message doesnât get conveyed clearly on social media by Paul Sztorc and nostr:npub1nevsewvjqhrsmpfcpdqw6v3e9f6z8w9sq0yt8kpndk2cumw8g6hs5mjmve â instead of focusing on explaining what BIP300 & 301 are, they opted to trigger the most conservative of bitcoiners who donât even bother to read long-form content or listen to long-form podcast interviews due to their susceptibility to get influenced by tweets.
Now, instead of talking about the fungibility benefits of a Zcash sidechain which uses BTC as the only currency, the conversation is stuck in the âbringing shitcoins to Bitcoinâ phase.
Learn more by listening to S14 E13 of the Bitcoin Takeover podcast!
#drivechains #bitcoin #sidechain #btc #btcsidechain #bitcoinsidechain #bitcoinprivacy #bitcoinscalability #bitcoinpodcast #bitcointakeover #bitcointakeoverpodcast #btctkvr https://video.nostr.build/83570780e98de62ca40ff0bbdf15815a31054ee31f6c4f0547fa1af6f2462010.mov
You are a scammer
If activated, Drivechains can solve Bitcoinâs security budget concerns by allowing miners to collect lots of transaction fees from other sidechains they can secure.
This can also be a scalability benefit, as newcomers can get onboarded directly on sidechains and from there they can open Lightning channels or benefit from extra features that the bade layer doesnât have (privacy, smart contracts).
But the biggest tradeoff is that miners become more powerful through Drivechains â which is a consequence that some Bitcoin users donât want. The miners will become responsible for choosing which sidechain they activate and secure, then they must also make sure that they enable peg-outs so users receive their bitcoins back on the base layer.
My biggest criticism is that this message doesnât get conveyed clearly on social media by Paul Sztorc and nostr:npub1nevsewvjqhrsmpfcpdqw6v3e9f6z8w9sq0yt8kpndk2cumw8g6hs5mjmve â instead of focusing on explaining what BIP300 & 301 are, they opted to trigger the most conservative of bitcoiners who donât even bother to read long-form content or listen to long-form podcast interviews due to their susceptibility to get influenced by tweets.
Now, instead of talking about the fungibility benefits of a Zcash sidechain which uses BTC as the only currency, the conversation is stuck in the âbringing shitcoins to Bitcoinâ phase.
Learn more by listening to S14 E13 of the Bitcoin Takeover podcast!
#drivechains #bitcoin #sidechain #btc #btcsidechain #bitcoinsidechain #bitcoinprivacy #bitcoinscalability #bitcoinpodcast #bitcointakeover #bitcointakeoverpodcast #btctkvr https://video.nostr.build/83570780e98de62ca40ff0bbdf15815a31054ee31f6c4f0547fa1af6f2462010.mov
Lol, solving concerns lol. Making changes to a network should be about solving problems, not concerns. There is no security budget problem. Changing things out of fear is how you make a fucking shitcoin. Go take your concerns to Eth
Her father was born in the Bronx to a Puerto Rican family and became an architect; her mother was born in Puerto Rico.