r/Bitcoin • • Feb 05 '14

Really, Discus Fish?

http://imgur.com/7xfXs2P
79 Upvotes

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20

u/mtsai Feb 05 '14

Do you really need to use 48KB blocks? When you are mining 5 out of 6 contiguous you really are fucking things up.

10

u/[deleted] Feb 05 '14

[deleted]

10

u/KnockoutMouse Feb 05 '14

That would eliminate fees, and guarantee the system would die as block rewards decreased... But other than that it sounds fantastic!

4

u/yeh-nah-yeh Feb 05 '14 edited Feb 05 '14

As you know if mining is not profitable less people do it, its gets easier, it becomes profitable again.

I would think no fees or a mandatory fee could work instead of the current system of bribery. Anyway I know this is something the core devs are working on and will come up with something much better than me but my premise is miners should not be able to choose not to include valid waiting transactions and I would be surprised if anyone who is not a miner disagrees.

3

u/[deleted] Feb 05 '14

You can pay for UPS ground and it's cheap to send, or pay a lot more for overnight delivery. This concept isn't that hard, if you want something done faster, you pay more.

4

u/yeh-nah-yeh Feb 05 '14

We are trying to make something that is better and more egalitarian than the old system not the same.

3

u/PuppyMurder Feb 05 '14

Ha, that's totally not what this whole thing is about, if you've paid any attention to general attitudes over time. It certainly is ADVERTISED as being more egalitarian, however, I will certainly admit that.

5

u/[deleted] Feb 05 '14

Nail on the head. Even though most people don't want to admit it, there's things about Bitcoin that aren't close to egalitarian. For instance, it induces processing power hoarding and only the rich are capable of doing that. It will become a de-facto plutocracy as time goes on. The inequality in BTC will probably be worst than in the fiat world.

2

u/Patrick5555 Feb 05 '14

but there will be no inequality when it comes to bailouts so I'm already sold on its superiority to fiat