| > TBH, it doesn't matter what the original intention was if it doesn't work. It does work. https://i.imgur.com/II62IJV.jpg > 2nd layer works. No, it doesn't. https://i.imgur.com/K0hrkbR.jpg https://i.imgur.com/rYQzn8I.jpg > Maybe so do bigger blocks, for now, but certainly at the cost of decentralization. Wrong, BCH is more decentralised than BTC, they have entirely different consensus mechanisms, and BTC's consensus mechanism is nothing more than the opinions of six people in a political council, by contrast BCH consensus mechanism is the net total global hashing power invested within it at any given time. That same entity serves no such purpose on BTC. And as the recent BCH stress test shows, there's no maybe about it, they work just fine even with the crippled software designed to force through the BTC agenda, and it will work as it was projected to work back in 2008 by Satoshi when the cruft to force that agenda through is removed. > But it seems pretty clear conceptually that if you make something take up more space, fewer nodes will have the resources to operate it. The alternative doesn't work at all without massively centralised scaling hubs, in light of that, it's frankly ridiculous to fearmonger about nodes that lack the economic incentive to remain running, when the system was designed from the start to allow users to just be users via the SPV mechanism. > The Bitcoin whitepaper had a title of "peer to peer electronic cash", but what it actually described was a system for financial sovereignty. If something cannot be used as a medium of exchange, it is not an effective store of value for financial sovereignty and anyone claiming otherwise is simply fooling themselves. BCH is flatly better at this than BTC. > If you want a payment network, use paypal. Why wouldn't you use Paypal? Because it's not decentralized Neither is BTC, both the consensus mechanism and the scaling mechanism are massively centralised. By contrast at least Paypal reliably works. > Bigger blocks are a populist movement which disregard science as a result of a conspiracy theory This is a flat out lie, larger blocks was the way the system was always designed to scale and the layer 2 hijacking was a later forced poison pill from Greg Maxwell, whose business model relies on the architecture he forced through. https://i.imgur.com/k77HfH8.jpg > BCH is all politics. Exactly the opposite of the truth, BTC is nothing but politics. |
