• Nibodhika@lemmy.world
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        2 months ago

        Because Bitcoin was supposed to be a decentralized peer-to-peer cash solution, which is impossible with Bitcoin with the scalability issues it has currently.

        Spiritually Bitcoin’s original idea still lives on Bitcoin Cash. But it doesn’t have the popularity nor the name brand to be able to make the huge impact that Bitcoin could have made if it was usable by end users when it gained popularity.

        • yboutros@infosec.pub
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          2 months ago

          Bitcoin cash was an attempt at centralized control by Jihan Wu. Just because the block size is bigger doesn’t mean it’s better for decentralization. In fact, the increased costs of maintaining a node just makes it harder for people in (typically poorer) oppressive countries to self verify

          They are still increasing the TPS, lightning network isn’t perfect, but it can scale beyond visa until more upgrades are implemented

          • Nibodhika@lemmy.world
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            2 months ago

            The lighting network is bound to fail because it suffers from the same problem Bitcoin is solving, i.e. it only works in centralized hubs. Think about how a new user would come to Bitcoin if the LN was in full effect, they would need to spend hundreds to open a channel to a centralized hub, the more centralized the better so it can connect to more places, so they can ensure they have the funds and the connectivity to use the network, because channels can’t be increased, if he ever needs more funds than what he has he will need to close the channel and open a new one, and because channels might be used by third parties when routing through the network if he spends double that amount to create two channels to two centralized hubs he risks having their funds go from one channel to the other and having to go the long route for his own transactions.

            Also the idea that running a node is more expensive because of larger blocks is mostly nonsense, for starters the only nodes that matter are mining nodes, even if your validating node finds an issue it has no power to do anything about it. Secondly there is such a thing as pruning old blocks to reclaim space. Third the whole point of Bitcoin is that you don’t need to validate transactions because mining nodes have incentive to stay honest, and the regulators are other mining nodes who stand to gain from others dishonesty by mining the same block they did, and again, mining nodes require lots of hardware, some extra HDD for old data is cheap in comparison. Fourth, why don’t you feel the need to validate the LN? Why just validate the on-chain stuff but trust the LN? Surely you’ll want your validator Node to process all of the LN transactions to ensure they’re valid, no? Or do you trust that the LN works? And if you do why not trust that the technology the LN is built on top of also works?. Not to mention that even in poor countries the cost of a hard drive that can hold years of data is lower than a couple of transactions on the main Bitcoin network during peak times, and a lot cheaper than opening one channel on the LN that’s worth using, for example earlier this year the average transaction fee peaked at $123 https://ycharts.com/indicators/bitcoin_average_transaction_fee so of someone wanted to make a transaction that day on the Bitcoin network they would need to spend $123 extra, that is enough to get a used 8TB HDD which should hold all of the BCH Blockchain just with the cost of a single transaction.

            Long story short:

            • LN has design flaws and doesn’t work
            • Even if LN worked, on-chain transactions are better, less limited and more secure
            • Even if those design flaws could be addressed, the main chain will still become unusable due to high cost of entry unless blocks get increased
            • If blocks never get increased, popularity will be the death of Bitcoin like it happened in 2017, if someone needs to throw away hundreds of dollars just to get into the network, they’ll never do it. And because RBF people that don’t pay whatever the current tx fee is can get scammed.
            • Validator nodes serve no purpose
            • Even if they did running a validator Node on BCH is cheaper than using BTC
            • Even if validator nodes made some difference then the LN would also need one and then the amount of transactions there would increase the need of a node to higher than what would be needed for BCH (since besides regular transactions you would also need to validate on and off channel transactions).
    • bionicjoey@lemmy.ca
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      2 months ago

      TBF electric scooters are doing that now. Dude was just ahead of his time.

      Also if you take “the way we view cities” literally, they definitely did since they became a popular way for tourists to view a city.

  • MalReynolds@slrpnk.net
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    2 months ago

    Rather obvious that ‘What product did live up to its advertised claims?’ is a more useful question…

  • Hello Hotel@lemmy.world
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    2 months ago

    Every single anti depressant, anti anxiety or anti anything drug that acts like a placebo.

    • Akareth@lemmy.world
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      2 months ago

      According to Dr. Chris Palmer and Dr. Georgia Ede, you’re more likely to get better results by just changing your diet.

  • Call me Lenny/Leni@lemm.ee
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    2 months ago

    Star Wars The Rise of Skywalker. The movie was already getting a bad rep pre-release, and in response to potentially sales-damaging claims that Palpatine was coming back, Disney had Ian McDiarmid explicitly claim he wasn’t. A bad movie where there was nobody to point a finger to became a bad movie where there was someone to do it to. Then he passed away shortly after. I witnessed this mess all go down in theaters.

    • MagicShel@programming.dev
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      2 months ago

      Ian McDiarmid didn’t pass away. But yes, this movie might be the single worst cinematic disappointment I’ve ever witnessed in my life. I’ll never watch it again.