Viewing a response to: @transisto/re-the-ego-is-you-re-transisto-re-the-ego-is-you-re-therealwolf-re-transisto-re-rogerkver-what-i-think-makes-bitcoin-bitcoin-and-why-i-think-bitcoin-cash-is-bitcoin-20180429t220818835z
No, SL is merely the chain itself that allows "SegWit+Legacy" adresses and transactions. Before, counting 2nd layers. Sure BCH relies on the "good behaviour" of miners, but they want to profit and that's why they do it. It's not supposed to be normal for it to be the other way around. The other way around is how the SL network, also called "Bitcoin BTC" or just "Bitcoin", works during rush hours as of the last years. But I can (almost certainly) promise it won't for BCH, because the theory is sound again and people are working hard on making onchain scaling a reality this time. You don't "need" to do anything. The choice is yours.
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I'm asking you what SL layer meant you use same acronym again. >Sure BCH relies on the "good behaviour" of miners, but they want to profit and that's why they do it. It's not supposed to be normal for it to be the other way around. So does the miner on the BTC chain (even more), The difference is that there aren't technically illiterate idiots who claiming the transaction is safe on the BTC side. > why do you bring this up? > The choice is yours. Yeah, Whatever!
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>So does the miner on the BTC chain (even more), The difference is that there aren't technically illiterate idiots who claiming the transaction is safe on the BTC side. Not quite. Not during rush hour, when the upwards bidding war ensues. And don't get me wrong, a "fee market" already existed. It's good that there is one. But it was never intended to push the minimum fees _up_. It's interesting that you would note that "technically illiterate idiots" don't _exist_ on the other side. How was this accomplished if you don't mind? The Bitcoin Cash developer teams know full well that a confirmed transaction is _safer_. That's not the point. The point is that even transactions without confirmations can be made _safe enough_, so that ordinary merchants or users can send transactions and not have to worry about long waiting times. These "technically illiterate idiots" as you call them, such as Peter Rizun, Andrew Stone and Gavin Andresen, understand the difference. There are also suggestions to improve on 0-conf transactions further, making them both safer and also simplifying risk assessment by adding "mini" blocks for quicker high probability confirmations.
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Bidding war aren't done to double spend others transactions but to prioritize one's transaction block inclusion. You said "improve zero conf further" my claim is that RBF does not decrease btc zero conf security but indirectly increases it and that bigger block increase zero conf security to the same extent that a transaction with above average fee on btc is more secure than a lower fee one. You realize that similar bidding war should occur on BCH with barely more transactions (10x)? Quicker mini block? Like reducing block time?
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I'm asking you what SL layer meant you use same acronym again. >Sure BCH relies on the "good behaviour" of miners, but they want to profit and that's why they do it. It's not supposed to be normal for it to be the other way around. So does the miner on the BTC chain (even more), The difference is that there aren't technically illiterate idiots claiming the transaction is safe on the BTC side. > why do you bring this up? > The choice is yours. Yeah, Whatever!
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