They better hurry, because a lot of that good press bitcoin received is quickly being wiped out.
Awesome growth over 5 years isn't just going to fall off a cliff this month.
Like what exactly? Etherum, Mastercoin, Dark Wallet, colored coins, multi-sig signatures, contracts, a browser plugin to send bitcoin, a mobile app or two, what? None of those are going to make enough difference.
Nothing would make enough difference on its' own... But lots of improvements in different areas will do wonders.
The most user-friendly app I've seen so far is KryptoKit wallet. I just love how brain-dead simple it is to sit in your browser and detect all addresses on a page for you... It's not perfect yet, but surely you can see the advancement from the QT client to that one towards one that the mainstream can use, right?
Apple's Hive wallet has been described as 'mindlessly easy to use.' -I haven't tried it myself though, because fuck apple.
Other apps like ATM OSes & POS terminals are a bit further ahead.
https://bitcointalk.org/index.php?topic=466682.msg5156220
Very simple concept, although will admit a little tough to implement, but definitely within the realms of acceptable for the bitcoin community. It would have stopped many of these major thefts from occurring, plus would have forced exchange owners to be honest and prevented them from doing runners. I got one lousy reply.
Lol, it has been often noted that despite hundreds of thousands of bitcoin users on bitcointalk, all the coders there are too busy to read your ideas. Nowhere is the need for coding skills more needed than on that board.
I think your idea has promise for security purposes, but your underlying premise is off. You started off assuming that "Being your own bank" explicitly means "Hosting your own copy of the blockchain." -Which is not quite right.
Yes, hosting a copy of the blockchain is a good idea, but honestly, if just the miners do it we'll be fine. There's still tens of thousands of miners... It's not like there's only one copy of the blockchain per pool.
The thing about bitcoin that makes you able to be your own bank is that with a bitcoin wallet of any kind, YOU have 100% of the control of YOUR wealth... Not some banker. The banker is removed by you sending your wealth to the person you are buying from, therefore you are indeed fulfilling the payment service of bankers.
marketing -2.0: lets be clear: lukep is a bitcoin salesman and nothing more. can we agree on that?
And where's my sales page then?
Technically I guess I've become an evangelist for the bitcoin economy... But of course I'm still an entrepreneur first.
Yes, I have a business that only accepts bitcoin. No I won't link it here.
Hey luke, I don't know too much about BTC and haven't even bought any. But I've heard that everyone who has a BTC wallet on their computer has to take quite a while to download every transaction that's ever happened in the blockchain. Is this true?
That was the case back in 2010 with the first wallet client. I've still got my QT client, but it's kind of unweildy to use as anything but cold storage... Lighter wallets like Multibit, Electrum, Hive, and KryptoKit (Among many others) all solve the blockchain size problem in different ways.
The Blockchain.info web wallet does not keep your private keys, so it *should* be as safe as a local wallet... Obviously it's very popular and there is nothing to download.
Question then is.. if the whole world adopted BTC wouldn't that database become incredibly huge? Eventually wouldnt it be too large for home computers?
Satoshi mentioned in his original whitepaper how to combat the future problem of a bulky blockchain. It's a good idea whose time hasn't come yet because we've got all these smaller fixes making it unnecessary so far.
Bros, there are no problems at all with Bitcoin. Any problem that may exist will be solved within a few days, but really no problems exist. Anyone that says otherwise [insert anecdotes here]. Crashes mean nothing while partial recoveries mean everything.
There's a whole strawman army in your trolly post here but I understand your concern.
You seem to think that today is the only day that matters though... No true bitcoiner gives a fuck about today, we've all got our eyes set on a world where everyone's payments are efficient. That's the promise of the bitcoin protocol, and we're only a few years away from realizing it fully.
:338:
