this is a reply to this post r/Bitcoin/comments/ebxv04/another_perspective/
due to being censored / banned at that sub ^^
~ snip ~
oogally233 points · 13 hours ago📷📷📷📷
It’s easy to get caught up in price and get discouraged. If you’re feeling this way, consider a few points:
Is bitcoin working as intended? Here are the current stats.
- 557s average block time.
- 1Sat/byte transactions are being confirmed
- >50% segwit usage
- Hashrate: 100Eh/s
Do we still have developer interest? Very much so .
- Lightning network – 34K (public) channels, 859BTC (public) capacity.
- Taproot
- Miniscript
- Schnorr
- Statechains
How’s the rest of the ecosystem? We now have decentralized and trust-minimized exchange options. Coinjoin pools ...
~ snip ~
... though I am nit sø God at coding reddit documents, I will repeat the sniped quote from u/oogally with my personal view as a replacement / comment, and I will end up in a fair table comparing the two major implementations of "BitCoin"
~ modifications ref. "BTC" ~
It’s easy to get caught up in price and get discouraged. If you’re feeling this way, consider a few points:
Is bitcoin working as intended? Here are the current stats.
- 557s average block time. | BLOCKS are FULL !
- 1Sat/byte transactions are being confirmed | at 14 days ?
- >50% segwit usage | LøL to chain of signatures ^^
- Hashrate: 100Eh/s | that is a LøT
- 0-conf got removed by intention
- RBF has been implemented by intention
Do we still have developer interest? Very much so [payed by a single which source ... ?] .
- Lightning network – 34K (public) channels, 859BTC (public) capacity. | LøL, in 18 months® ?
- Taproot | whatever that is, excuse my limited knowledge ;)
- Miniscript | what can it do ?
- Schnorr | nøt at BTC (yet ?)
- Statechains | driven by Gov. ?
- Tether over Liquid as a final goal
How’s the rest of the ecosystem? We now have decentralized and trust-minimized exchange options. Coinjoin pools ...
... i will not comment the idea of Coinjoin to censor transactions in this threat here - make a new one ! ^^
~ modifications ref. "BTC" ~
I try to build a table here:
| BTC | BCH | |
|---|---|---|
| hashrate | 100 EX | 3% |
| price | 6666 | 3% |
| shills | 1000 | 0.3% |
| attack vector | 5 | 100 |
| 0-conf | killed | still works |
| RBF | implemented | it hurts 0-conf, so a NoGo |
| segwit | pulled off signatures | following Satoshi |
| scripts | miniscript | cash script |
| Schnorr Signatures | still talking | implemented |
| Token on Chain | even Onmi (Tether has left) | thousands of SLP tokens, some even with business usecase and dividend payments in BCH |
| statechains | sound like a FakeToshi thing | a free decentralized uncensorable global P2P payment network, secured by POW |
... excuse my typos, please.
open for a high level discussion,
真
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source https://www.reddit.com/r/btc/comments/ec9qil/when_no_use_case_is_meeting_no_usability_tulips/
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