Bitcoin Forum

PUBLIC SERVICE ANNOUNCEMENT

Bitcoin development has been bought out by a private company called "Blockstream".

Blockstream is currently paying off many of the key Bitcoin "Core" software developers .

Blockstream has directed the crippling of Bitcoin in order to provide the solution, for their own future, financial gain.

These Blockstream-paid Bitcoin developers (for the Bitcoin "Core" software) are enforcing a limit on how much information can be transacted in Bitcoin.   This is limiting the number of transactions to just 3 per second, approximately.

Blockstream is concurrently developing a "solution" to this problem, called the "Lightning Network".   This "solution" is to be placed on top of the crippled Bitcoin network to allow it to scale.   Blockstream will monetize the Lightning Network in the form of fees required to use their service.

Additionally, for the past 8 months, Blockstream has been utilizing censored discussion forums for their communication, thus preventing awareness of this issue from being widely known. All discussion mentioning this has been (and continues to be) deleted and banned .

In short, Blockstream has created a problem so they can provide the solution. And they are doing everything they can to keep it that way. (View more info on this on the un-censored forum)
THE REAL SOLUTION

Bitcoin is able to scale on its own without being crippled by artificially imposed limitations such as those Blockstream has enforced.   But these Blockstream developers are not allowing this very simple change to occur.

    Urge all miners and mining pool operators (not users) to run Bitcoin Classic (https://bitcoinclassic.com/).
    Go to Reddit.com/r/btc for un-censored discussion.

The only way for this private company, Blockstream, to be removed as the central authority over a crippled Bitcoin is for miners and pool operators (not users) to adopt a different implementation of Bitcoin, such as Bitcoin Classic.   Having a diversity of implementations also creates a positive competition among entities that control the protocol.   Failure of miners to adopt a different version will result in Blockstream's paid Bitcoin Core Developers to have unfettered control of the Bitcoin system for their own financial gain.

Remember, the only solution is for MINERS and POOLS to adopt non-"Core" software.

Please spread the word, and translate this message to the large Chinese Bitcoin mining community as well.

Sincerely,
NodeCounter.com
- See more at: http://nodecounter.com/announcement.php

That little piece right there tells me all I need to know.

So for just us "little old users" we don't matter? Seems you revealed your true intentions right there. Good luck supporting all those miners and Pool Operators without us non-important users funding the entire thing. Your whole argument is about Blocksteam being up to no good and manipulating the system, and here you are calling for a select subgroup to front-run everyone else to meet your own goals.

Truthfully, I don't know which side to believe, but I think "as lowly a user" being thrown under the bus to advance your own agenda isn't going to help.

...
Truthfully, I don't know which side to believe...

How exactly do you matter as a user in this context? Users have a great power, but it's limited to whether or not continue to buy/use Bitcoin or move on to something else, so not really useful in this case.

Or do you just need someone to pat you in the back and say "You're very important and your opinion matters" when it's not necessarily true.


Don't believe anyone, do your own research and make your own opinion.

Or do you just need someone to pat you in the back and say "You're very important and your opinion matters" when it's not necessarily true.

<spergy prattle redacted>

To me this is partial truth. I am running Classic Node, hoping to help but I am open to any other better "solution" if available.

Classic is gaining some momentum and hopeful will turn into something significant.

Altcoin discussion board in 3...2...1...

Blockstream will monetize the Lightning Network in the form of fees required to use their service.

Classic is gaining some momentum and hopeful will turn into something significant.

I think a lot of nodes haven't decided if they want to go core 0.12.x or classic yet.

I don't think it is fair to say either is gaining momentum.

When I look at what my client connects to, there often is one classic node but rarely two and often none. Usually there is one. Same for core 0.12.0 (what I run)

Lot of nodes running 0.11.x core.

I think a lot of nodes haven't decided if they want to go core 0.12.x or classic yet.

I don't think it is fair to say either is gaining momentum.

Classic reminds me of the Black Lives Matter movement. Next we will see r/btc  filled with rants of how core is racist and blockstream was responsible for 9/11

instead of debating the blocksize limit, maybe we should start requiring the mining pools to mine blocks that include transactions.

instead of debating the blocksize limit, maybe we should start requiring the mining pools to mine blocks that include transactions.

I will upgrade my node to classic once Gavin and Brian Armstrong reveal that Core developers are working with ISIS.

Instead of opining like you know what you're talking about... maybe you should research why those coinbase only/0 tx blocks are all under a minute in duration. And why that is an argument for miners setting their own soft limits on the sizes of their blocks... like they did for the last 6 years. These blocks are basically miners deciding to not shut down their farm for the first minute after a block is solved... once the previous block is verified, they will start including transactions.

If bitcoin is more centralized, they could have a separate channel to include tx only they know about.

 sounds like a shit excuse to run crap code on a pool.