I don't like Avalanche because...

(Not because I am the most knowledgeable technical expert, but because...)

1. I want no deviation at all from the principle of hashpower deciding, also known as nakamoto consensus. This is really the invention that made cryptomoney possible.

2. We don't need absolutely safe 0-conf transactions. What we have is better than any non crypto payment system in this regard. Finality starts out fairly good with 0-conf for small transactions, increases in 10 minute intervals (never reaches mathematical 100% finality but who cares)

Bitcoin doesn't record ordering for 0-conf or not even for 1 or 2 confirmations, bad but that is what we have.

If you got a million from the IRS in error, they don't wait for you to send it back, they reverse it.

Currently only 1 conf is needed in bitcoin, a few more in bitcoin cash to be faily safe for most transactions. Card payments 3 months, checque until you cash it or find out it bounces, maybe even more if the bank regard the cheque to be fraudulent, inter bank transfer minutes or hours (unless the bank changes its mind), international bank transfer days, even fiat paper notes are worse with travel time (you have to meet), and counting takes time, danger of counterfeit notes. Apparently the federal reserve has a real time payment system that is immediately final, but only for bank customers.

If someone really needs immediately final small transactions, I want them to rely on a third party service, like an insurance agency, and maybe we already have it in Bitpay and their likes. Heck, even lightning could be useful!

An avalanche without orphaning, just the advice to miners would not be dangerous, but then it would also not completely solve the problem.

So TLDR; please don't implement Avalanche

submitted by /u/ErdoganTalk
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source https://www.reddit.com/r/btc/comments/avzrp8/i_dont_like_avalanche_because/