everyone has to run their full node for bitcoin to succeed, reason why keeping the cost of running a full node low is important. which is part of the small block argument
Post by twetch#16592
And that is exactly why BTC will fail (small blocks). BSV doesn’t need everyone to run a node, has large blocks and can scale... without forcing everyone to run a node.
What the chain says
- Block
- 623 966
- Time
- 2020-02-28T03:25:43Z
- Signer
- 16Wa4DdaWeTWJtfWomHZHRXwGE1wLfH34U
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#16592
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
16Wa4DdaWeTWJtfWomHZHRXwGE1wLfH34U VerifiedReplies (9)
BTC having small blocks is the reason why it will succeed and allow people in developing countries to participate by running their own full node.
No. BTC having small blocks is why it will fail, because people won’t run full nodes. They will use 3rd party wallets that handle everything for them so they can just treat Bitcoin (BSV) like cash.
smh
word of the day:
DECENTRALIZATION
The word of the day should be:
SCALING