Bitcoin Cash Starts Trading

https://iancoleman.github.io/blocksize/#_

Where's yours?

The issue is the upload bandwidth requirement, which demonstrates that your understanding of the constraint, with your comparison to YouTube, is completely incorrect. And centralizing of all of these nodes onto service provider infrastructure is the worst possible example of decentralization, which is what we're talking about in the first place.

What I've found in the past is the people who hold your views are only cursorily aware of the constraints of decentralization, and use unrelated justifications in order to hand wave away problems. Thankfully, the people who actually secure bitcoin, through their use of nodes, spend more time to understand how bitcoin works, and have repeatedly rejected 'solutions' that will reduce the security of the network.

But you can now prove me wrong! Instead of using bitcoin, use bitcoin cash. If what you say is true, it will be valued significantly higher than bitcoin. If it stops you trying to break bitcoin, even better.

Not for syncing. For running a full node, a VPS costing $12 - $15 USD per month has orders of magnitude more bandwidth. I already have you the math of full 8MB blocks, there is no way you can say that these aren't trivial bandwidth numbers.

> What I've found in the past is the people who hold your views are only cursorily aware of the constraints of decentralization, and use unrelated justifications in order to hand wave away problems.

That's big talk when:

1. You are talking about bandwidth and the numbers are simple to calculate and come out to trivial amounts.

2. Bitcoin is literally working right now with 0 hiccups except for full blocks and high fees. The people working on it right now didn't do that, they kicked out the people who did.

3. You say hand waving while not backing up a single thing you've said or confronting what I've said. 8MB block when 100% full takes 13KB/s to sync. Is that wrong? Twitch streams are 250KB/s. Most people don't even want to or need to sync.

> But you can now prove me wrong! Instead of using bitcoin, use bitcoin cash.

This is about how ridiculous the 1MB limitation is, you can try to divert from that, but lets see you confront it.

> That doesn't make any sense

To you, I'm sure that's the case. Good thing the people who actually maintain the network through the validation of full nodes have a better understanding than you.

> the cheapest VPS out there.

So your solution to pressures of centralization is to use a centralized service for decentralization?

So your solution to centralization pressures is to use a centralized service for decentralization?

> You are talking about bandwidth and the numbers are simple to calculate and come out to trivial amounts.

I provided more evidence on the bandwidth requirements than your incomplete understanding of how bitcoin works multiplied by your flawed opinion.

> 2. Bitcoin is literally working right now with 0 hiccups except for full blocks and high fees.

No-one is forcing you to use it. There are a multitude of other options if you feel that bitcoin isn't meeting your use-case.

> You say hand waving while not backing up a single thing you've said

I provided evidence that backed up my opinion. You should try it.

> This is about how ridiculous the 1MB limitation is, you can try to divert from that, but lets see you confront it.

Nah. You can use another service if you feel that the 10's of thousands of nodes somehow don't have a better understanding of the constraints of running a node than you. No-one is holding a gun to your head. Ever heard of Bitcoin Cash? Perhaps that might better suit your needs.

No, you didn't. You didn't confront my numbers for syncing, you for some reason think the option to pay for a cheap VPS to run a node is centralization. You also seem to that a single node is uploading to 8 people at all times, no more, no less not to mention that your assertion revolves around thinking that 48KB/s to run a full node is a lot when hundreds of millions of people can do that now with their home internet connections, not to mention buisnesses. Kids are running around streaming live video from their phones, how can you cling to such nonsense and why won't you confront it directly?

> No-one is forcing you to use it. There are a multitude of other options if you feel that bitcoin isn't meeting your use-case.

So instead of confronting these absurd statements, you say 'then don't use it'. This is about whether what you are saying makes sense and so far I haven't seen anything more than trying to avoid the simple numbers that make the answer obvious.

> I provided evidence that backed up my opinion. You should try it.

I'm not really sure what you want or how you can say that. I've broken down the numbers for you in terms of bandwidth, people that have access to that bandwidth, previously running systems, and widespread use cases of other technology that already uses more resources.

> Nah. You can use another service if you feel that the 10's of thousands of nodes somehow don't have a better understanding of the constraints of running a node than you. No-one is holding a gun to your head. Ever heard of Bitcoin Cash? Perhaps that might better suit your needs.

So anyone who can do simple math and questions bizarre statements should 'go somewhere else' ?