devname
Joined 5 years ago
Karma
0
Submissions
9
Member since
Feb 11
Recent submissions
Comment · 5 years ago
ICE cars emit roughly their weight in CO2 every year. Within a few years the new Tesla is net negative. Compare your options.
Comment · 5 years ago
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.
Comment · 5 years ago
Tried that in 2017, but the stream got blocked.
Comment · 5 years ago
Less popular? Bitcoin Cash BCH is handling more transactions than BTC, with insignificant fees.
Comment · 5 years ago
If you never close channels, you can print infinite Bitcoins. No one knows the true state of a channel until it is settled.
Comment · 5 years ago
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.
Comment · 5 years ago
If bitcoin replaces the middlemen of transactions, why does Square and Jack Dorsey promote them?
Comment · 5 years ago
I want people to earn and spend Bitcoin Cash. Almost all bitcoiners want this.
Comment · 5 years ago
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.