RE: Bitcoin: our most brilliant idea! a meta-idea of freedom!

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https://twitter.com/DuffieldSatoshi/status/1324298687854628864/photo/1

everything right
but btc
just banned itself 3 years ago



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6 comments
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why?

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  • block size debate, Bitcoin won't be usable as good money in 2021
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bitcoin will be the thing with value. you can trade bitcoin to everything you like to then use what you traded as money (any crypto, silver, fiat, weed)

dpos has big problems.. for things like hive it's okay.. but to be better than Bitcoin PoW.. no

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Bitcoin saw MASSIV drops in Hashrate within last year. (about 30% in 1-3 days, apparently to rainy season in China). Those drops will probably occure regularly in the near future (safety?)

You will soon pay MORE than at least 10$ for a next block conf tx in btc. If you want it cheap, you need 2nd layer solutions in which you often DONT own your keys (paypal, custodial Lightning Wallets)

Dash has a good balance between PoW and dPOS. It also manages dev funding pretty well.

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yes - hashrate adjustments are part of satoshis game-theorey and therefore btc's protocol

as I already said: btc will be the settlement layer, you can use as money whatever you bought with the king BTC

I'm not sure about the dash PoW/ dPOS balance; does it solve any technical problem like bitcoin's PoW?

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technical problem like bitcoin's PoW?

i think so. the dPOS layer with dash is called Masternode network. This network also provides security AND performance mechanisms for the overall dash network (Chainlocks, Private Send).

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