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0 pointspmorici8y ago0 comments

"Use a different cryptocurrency."

I started using Bitcoin Cash instead and I'm loving it. All the good parts about Bitcoin Core w/o the brain dead approach to scaling.

0 comments

moduspol8y ago

Yep. I expect the fee market alone will drive normal people toward Bitcoin Cash.

grubles8y ago

Dogecoin has much cheaper fees than Bcash and its block confirmation target is around 1 minute -- roughly an order of magnitude cheaper and faster than Bcash.

lawn8y ago

A note to readers: "Bcash" is a derogary term used by Core supporters to undermine and discredit Bitcoin Cash. Always be mindful when someone uses it.

etr-strike8y ago

“Bitcoin cash” is a name chosen to confuse newcomers and attempt to steal the bitcoin brand. The CEO of bcash refers to Bitcoin as “SegwitCoin” and their official /r/btc subreddit regularly claims to be the real bitcoin.

Bcash is an appropriate name for the altcoin to eliminate confusion.

1 more reply

pmoriciOP8y ago

Doge has unlimited inflation it is nothing like Bitcoin Cash.

xorcist8y ago

That doesn't matter if you only use it for transactions. Step in, transact, step out.

1 more reply

grubles8y ago

Bcash is already over-inflated relative to Bitcoin due to its mining algorithm. When the block reward diminishes enough, and fees don't supplant it, Bcash will hard fork to infinite inflation.

1 more reply

mitchellberry8y ago

If i gave you a search algorithm with a big db then asked if it could done quicker would you prefer to spin up more cpu's or try to improve the algorithm?

pmoriciOP8y ago

I would spin up more CPUs. Because changing code in the near term is expensive and hard. Spinning up more CPUs is cheap and easy and ensures my company remains successful while I optimize the algorithm.

Using your analogy Bitcoin Core is saying they are going to shut down Bitcoin service to all new users until they implement a new algorithm that hasn't been proven yet and is still years away from being ready.

mattxxx8y ago

^ Exactly. The answer should almost always be spin up more cpu's.

QML8y ago

Depends on the search algorithm; if it can be parallelized, then modify the algorithm to take advantages of multiple CPUs. If not, then start throwing more threads at it.

In Bitcoin’s case, I don’t think we have a lack of CPUs though.

j / k navigate · click thread line to collapse

0 comments

moduspol8y ago

Yep. I expect the fee market alone will drive normal people toward Bitcoin Cash.

grubles8y ago

Dogecoin has much cheaper fees than Bcash and its block confirmation target is around 1 minute -- roughly an order of magnitude cheaper and faster than Bcash.

lawn8y ago

A note to readers: "Bcash" is a derogary term used by Core supporters to undermine and discredit Bitcoin Cash. Always be mindful when someone uses it.

etr-strike8y ago

Bcash is an appropriate name for the altcoin to eliminate confusion.

1 more reply

pmoriciOP8y ago

Doge has unlimited inflation it is nothing like Bitcoin Cash.

xorcist8y ago

That doesn't matter if you only use it for transactions. Step in, transact, step out.

1 more reply

grubles8y ago

Bcash is already over-inflated relative to Bitcoin due to its mining algorithm. When the block reward diminishes enough, and fees don't supplant it, Bcash will hard fork to infinite inflation.

1 more reply

mitchellberry8y ago

If i gave you a search algorithm with a big db then asked if it could done quicker would you prefer to spin up more cpu's or try to improve the algorithm?

pmoriciOP8y ago

mattxxx8y ago

^ Exactly. The answer should almost always be spin up more cpu's.

QML8y ago

Depends on the search algorithm; if it can be parallelized, then modify the algorithm to take advantages of multiple CPUs. If not, then start throwing more threads at it.

In Bitcoin’s case, I don’t think we have a lack of CPUs though.

j / k navigate · click thread line to collapse