BTC's Saifedean: "Do we really want reductions in transacti…

Twetch ·

BTC's Saifedean: "Do we really want reductions in transaction fees at the cost of decentralization?"

BCH's Pacia: "This is a decentralized network...when the system experiences a larger load, nodes go down. Correct strategy would be to set softcap."

Replies

Twetch ·

The protocol is secure and stable because to change it would undermine the revenue you're generating by these millions of businesses transacting on the "set in stone" protocol.

Twetch ·

They don't understand what "decentralized" means. It exists at multiple levels and is solidified by the decentralized nature of businesses that exist on top of a stable protocol. Even there were only 2 large miners, but millions of businesses on top of BSV