The following is a guest post from Brendon Sedo, Initial Contributor at Core DAO.
Satoshi didn’t invent Bitcoin to be a generalist network — a jack of all trades, master of none. Bitcoin deliberately trades speed and scalability for decentralization and security. But contrary to popular myths, this isn’t an obstacle to building new Bitcoin-based applications.
Slowness is Bitcoin’s strength, not its weakness. And the ‘Building on Bitcoin’ movement will succeed only if devs embrace, inherit Bitcoin’s slow architecture while strategically working ‘around the edges.’
Don’t Try to Change Bitcoin
Bitcoin’s slowness is crucial to its security model and transaction confirmation mechanism.
Instead of relying on centralized intermediaries, Bitcoin achieves trustless transaction finality through Proof-of-Work (PoW) consensus, prioritizing security over speed. The resource-intensive and time-consuming PoW provides a computational guarantee to prevent malicious actors fro
We współpracy z: https://cryptoslate.com/bitcoins-slowness-is-a-feature-not-a-bug/
