5 sats \ 10 replies \ @oomahq 26 Oct 2023 \ parent \ on: Bitcoin maximalists: Do you believe that competition leads to quality? bitcoin
It doesn't, and it won't.
You need to understand these simple facts first to understand where bitcoin maximalism comes from.
I'm trying :) I know that's hard to believe. Such is the curse of dogmatic belief.
Here's a chart of PoW coins sorted by their trade volume in the past month.
Why wouldn't it beat bitcoin? I'm not implying that I care if it does or doesn't. Why are you so sure it can't?
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You can start by running a Bitcoin node, it may help you understand things.
Then pick this list and try to run a node for each one of these shitcoins, see if you notice any subtle differences.
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I have run bitcoin and lightning nodes, and I have written Script to interact with the network. I'm well aware of the technical details, though I can always know more. Since litecoin is a fork of btc, and doge is a fork of litecoin, I presume to know a bit about them as well.
I've run a Monero node as well. There is no "Script" equivalent there, but I've interacted with the network.
What are the subtle details you speak of?
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Lol. You don't need to look too hard into the transaction script, they aren't there. But keep looking, you'll eventually figure it out.
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If you don't know the answer, be a man and admit it. I'm not trying to convince you about anything, I'm honest about my intentions.
I'm also a scientist. The idea of starting with the preconception that bitcoin transactions are better but i dont know why, and THEN analyzing data, is only going to lead to biased understanding. Humans are incredible at finding patterns.
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You're a troll, first and foremost. And not a particularly bright one.
Nevertheless since you insist, here are some hints.
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No, I am not a troll. A troll is someone who's only objective is to get people upset enough to respond. Is that how I'm acting? Is that how you deal with anyone who does not buy into the cult that you have? The word cult is used here because if everyone is a troll outside it, then you can't leave. Maximalism is more of a scam than a cult, I'm coming to realize. And it has some good aspects.
Thanks for the links. The first and third are irrelevant to me, because fuck ethereum (it's as scam), and also I don't believe in the environment scare hype. Bitcoin needs to use energy, it's unavoidable. Any reduction is a compromise in its core purpose.
The second link is a bit strange. Are you criticising the fact that Monero is flexible? It is designed to be; relying on the same trustless blockchain techniques as its coin, in order to update it's protocol. If you're criticizing RandomX, I don't know why. Vitalik (as the article points out) also criticizes ASIC resistant proof of work, so I guess you think alike.
Bitcoin was made to be decentralized by having every one equal, 1 cpu = 1 vote. But ASICS mean centralization, a regular user has no reason to mine bitcoin because they don't have an ASIC. Monero seeks decentralization, by making it difficult to by hardware specific solvers to be better miners than, for instance, your mobile phone.
Did I miss anything? Because I still don't know what you mean (I'm not saying that you're wrong, i literally don't know what you mean and want to).
In case you think I'm trolling, i'd like to point out that it took a while to write this and consider your point. I may sound foolish, but i promise I can troll more efficiently than this. I never troll.
For taking the time to engage with me, I zap you.
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Yes, you missed the point entirely XD But you can retry as many times as you want.
Now zap me.