RE: Bitcoins Team Makes Their Graphene... But Bitshares already Has It.. WTH ???

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Bitcoins Team Makes Their Graphene... But Bitshares already Has It.. WTH ???

in bitshares •  7 years ago 

We don't need smaller communities. We need governance models. Dash started this with masternodes. Bitshares, steemit and upcoming EOS will have DPoS. PIVX and many other cryptos also have governance models to make decisions.

I agree that the forks had many positive effects. Personally I support BCH and nothing else. BCH is simple good old Bitcoin with proven scalability. It just increased the block size after a great long struggle and we again have a fast and cheap Bitcoin.

But the main point here is that with the block time of Bitshares and InstantSend of Dash and PIVX the future roadmap with things like lightning networks is nothing but an unnecessary joke. I mean why the hell do you need some off chain thingy when you can have Tx under 2 seconds at ultra low fees at the protocol level?

Implementing governance into Bitcoin is like changing tires of a moving car. It's not impossible in absolute terms; but not a good plan. That's why I consider Bitcoin as the Minimum Viable Product/Prototype of blockchain.

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I personally like segwit and bigger blocks. I saw a coin with a 10mb block and segwit. Segwit is like improving transaction by bring back the idea that all bitcoin are bitcoins. Segwit improves transactions by making the load lighter aka segwit and Schnorr signatures and then go to the main blockchain. With a bigger block as well transaction are fast.

In cauda venenum