It should be clear by now what ties together Blockstream and BSV are both part of a strategy to make it impossible for Bitcoin to ever hardfork successfully.
Why BSV ? You are "worth" to read but you're a bch-fan boy. So annoying
If that's real maybe we'll have a "on chain Lightning Network", where people will use same address/type of txs over and over, lowering down the entropy and will result in cheap txs
And Segwit (just splitting the signatures from the tx) would make sense. Miners won't share signatures immediately because it will be hard to propagate
Is it possible to spam the BSV network with "high entropy" txs, so that it can't be compressed easily and block propagation will be slow ? Is that even a thing ? Coz we pay per Bytes, we should pay per "entropy"
If that's real maybe we'll have a "on chain Lightning Network", where people will use same address/type of txs over and over, lowering down the entropy and will result in cheap txs
Is it possible to spam the BSV network with "high entropy" txs, so that it can't be compressed easily and block propagation will be slow ? Is that even a thing ? Coz we pay per Bytes, we should pay per "entropy"
ROI of the largest LN hubs is 0.011%/year
The 20 LNBIG Lightning Network nodes have processed 80k payments and collected 5.74 USD in fees in the last month. Extrapolating, thats $68.88 per year
https://bit.ly/2G50frh
Nobody uses LN yet, this will change when people will use it
ROI of the largest LN hubs is 0.011%/year
The 20 LNBIG Lightning Network nodes have processed 80k payments and collected 5.74 USD in fees in the last month. Extrapolating, thats $68.88 per year
https://bit.ly/2G50frh
I earned more than that for my shitposts on memo. :D
Wasn't the point of BSV to not have dApps, or anything else besides being a currency? I use to hear that a lot, but lately there is talk of large storage. Was there a change of plans?
I don't know. Yeah they were talking about "sound money" or some shit. But they lost they hash war and bch is becoming that so they need to become something else I guess
If most of the players wouldn't be fiat greedy speculators a transparently operated non-profit organization could help a lot overcoming this issue in my opinion.
Who are the players you are talking about ? Crypto adoption is slow because it's useless for the customer. I'm using fiat everyday it's working fine. But it's antifragile, not fiat
Dear SV miners, I'd like to see a 0.01sats/Bytes for 100Kb txs. Otherwise it's impossible to build DApps that require users to upload large stuff. Thanks
This is analogous to expecting that a general use CPU will be more efficient than an application specific one for a specific task.
No. The bigger the network becomes the stronger/efficient it is. This is wrong on your example : the more task a CPU the have to do the slower it will be doing them all
@memo could you add support for this long image links as profile pictures? https://static.bitcoinfiles.org/c23c3e2e1474d4c01741911e3317e6c00c861ed15f41da82e8a5561542342f7e
It is planned to support profile images that are stored on-chain.
File storage on a peer to peer payment system (outside of small documents or text) is just idiocy.
It may be more efficient than torrent. A quick upload time (send it to a datacenter, the miners), quick download (same), hopefully near free, and being able to earn money from that