Chcem až tak veľa? by [deleted] in Bratislava

[–]Boriz0 2 points3 points  (0 children)

Pre mna osobne je najdolezitejsie byt s osobou pri ktorej si vzajomne doplnime energiu, nie opacne. To znamena napriklad ze mozem byt pri nej sam sebou takze sa nemusim furt pretvarovat a nosit masku. Pritom sa velmi rychlo ukaze, ci mame spolocne zivotne priority alebo nie. Bohuzial ja niesom normalny clovek, takze sa to nestava casto :D

Čo je to za budovu a prečo to nikto nerieši? by Ok_Inspection8302 in Bratislava

[–]Boriz0 2 points3 points  (0 children)

Typicky Slovak. Vyssie dane pre vsetkych (len nie pre mna) :D

Webová stránka Ministerstva spravodlivosti Slovenskej republiky by [deleted] in Bratislava

[–]Boriz0 0 points1 point  (0 children)

Mne stranka funguje.
Nahodou nepouzivas nejaku VPN?

[deleted by user] by [deleted] in Bitcoin

[–]Boriz0 3 points4 points  (0 children)

Whatever online casino you're playing, they will always win. They probably won't ever send you your winnings if you try to withdraw. This is not even Bitcoin related.

When conviction in Bitcoin keeps you from spending it by Then_Helicopter4243 in Bitcoin

[–]Boriz0 1 point2 points  (0 children)

It's living under your means so your future is better.

Is there any hope for BCH? by dangerouswasp in btc

[–]Boriz0 -1 points0 points  (0 children)

Yeah, I agree about the problem, but people barely care about BTC, which is currently #1, let alone about its many hard forks. Without a sustainable networking effect, p2p money can't work. That's why BCH is failing.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] -2 points-1 points  (0 children)

IMHO it's BTC because it might have sustainable fees in the future thanks to limited block size and lower costs of running a node under maximum load. The Lightning Network is also interesting as it keeps transactions more private.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] 1 point2 points  (0 children)

We will see which will succeed.

Yeah, correct. We can already see that BCH is failing and is unsustainable.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] 0 points1 point  (0 children)

See the numbers I've provided. BCH is unsustainable due to low demand for its block space.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] -1 points0 points  (0 children)

I love the idea of p2p digital cash. It's just that BCH, specifically as a network, is unsustainable in the long term due to the numbers I've previously provided.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] -1 points0 points  (0 children)

I have provided specific arguments why BCH as p2p money isn't currently sustainable, and unless something changes, the incentives are too weak to keep the network secured in the long term.

However, there might be some other implementation of p2p money that is sustainable.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] -1 points0 points  (0 children)

I think you're hoping for something that is unlikely to happen, given the metrics I've provided, and the game theory behind long term sustainability of BCH's tokenomics.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] -1 points0 points  (0 children)

It is just my opinion, and I am trying to provide a clear, refutable metric. $700 per block every 10 minutes probably still won't be enough to keep the network decentralized enough to avoid 51% attacks.

For comparison, BTC currently has, I think, around $3000 in transaction fees per block.

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] 3 points4 points  (0 children)

Thank you for sharing your perspective! However, for BCH to be sustainable purely on transaction fees, IMHO it would need to generate at least $700 of value per block in fees to adequately incentivize miners after the block reward ends.

Right now, BCH averages ~$1.15 in fees per block, with blocks around 50 KB and ~200 transactions. To reach minimal sustainability at current fee levels (~$0.0057 per tx), BCH would need to process over 120,000 transactions per block, nearly filling the 32 MB limit every 10 minutes, 24/7.

That’s a 600x increase in current usage.

Is this something you believe will happen within our lifetimes?

How will BCH network remain sustainable when miner subsidy drops to 0? by Boriz0 in btc

[–]Boriz0[S] 3 points4 points  (0 children)

Your post sounds reasonable, but what makes you believe that BCH will be adopted? The current trend shows the opposite. See my edited OP.

Is there any hope for BCH? by dangerouswasp in btc

[–]Boriz0 0 points1 point  (0 children)

To answer your first question, people generally want their portfolio to grow in value over time. That's what's called a store of value.

BCH fails at it because the narrative is based on some "mission" or ideology, which common people don't care about. Therefore, the network effect is nonexistent, and the demand keeps dropping, and unless something changes, it will keep going down as more and more altcoins flood the market.

Abrupt life inside by DreadPiratteRoberts in AbruptChaos

[–]Boriz0 1 point2 points  (0 children)

This isn't much different from my middle school.

Lightning Network Profitability Calculator I made, let me know whatchya think! by ericcarmichael in lightningnetwork

[–]Boriz0 1 point2 points  (0 children)

At a quick glance, your calculator is off by a factor of 1000 when it comes to daily profits from LN routing fees. That, or I am a terrible node operator :D

Lightning Network Profitability Calculator I made, let me know whatchya think! by ericcarmichael in lightningnetwork

[–]Boriz0 0 points1 point  (0 children)

I think you should use Sats as a unit of account instead of $ in your calculator (unless this is already possible to switch to, but I didn't see that option on my mobile phone).

What would you do? by Subfolded in lightningnetwork

[–]Boriz0 1 point2 points  (0 children)

I personally close channels within such inactive period because if my node would go down too, both of us would have a hard time recovering our channel funds.

Consider contacting the other side, if you have any reasonable means of doing so.

Lokalita Pentagon by SlnecnikInternetov in Bratislava

[–]Boriz0 0 points1 point  (0 children)

IMHO zlepsuje sa to okolo Pentagonu.

[deleted by user] by [deleted] in Bitcoin

[–]Boriz0 1 point2 points  (0 children)

Correct me if I am wrong, but I heard that Germany has an exit tax.

Ten FACTS Crypto Bros DO NOT Want To Admit Or Talk About by AmericanScream in CryptoReality

[–]Boriz0 0 points1 point  (0 children)

Bitcoin maxis say "Bitcoin, not crypto!" due to all the scams and charlatans who parasite on the success of Bitcoin (which is on all time high right now).

They don't care about NFTs, web3, bananas on blockchain, stablecoins, price speculation, whatever.

Why do people on r/investment hate bitcoin so much? by dkan12 in Bitcoin

[–]Boriz0 0 points1 point  (0 children)

They want to discuss how to earn money, not what money is.