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Title: Core is creating an altcoin a fork a fake Post by: adamstgBit on May 03, 2016, 04:14:32 AM Quote The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. https://bitcointalk.org/index.php?topic=532.msg6306#msg6306thats the true path bitcoin was meant to take. core is abandoning this idea and banking on unproven untested, and non existing technology to scale bitcoin. if they want to do such a radical shift from the original vision let them start an altcoin. Title: Re: Core is creating an altcoin a fork a fake Post by: Holliday on May 03, 2016, 04:25:21 AM I'm not sure if you were aware or not Adam, but "every user is a network node" hasn't been the case for quite some time now.
So, what are you attempting to say exactly? Title: Re: Core is creating an altcoin a fork a fake Post by: adamstgBit on May 03, 2016, 04:35:42 AM I'm not sure if you were aware or not Adam, but "every user is a network node" hasn't been the case for quite some time now. So, what are you attempting to say exactly? i'm saying core imposing limits to make sure bitcoin can run on a raspberry pie, was not the original intent. i want big voluptuous server farms running the world reserve cryptocurrency Title: Re: Core is creating an altcoin a fork a fake Post by: Holliday on May 03, 2016, 04:41:17 AM I'm not sure if you were aware or not Adam, but "every user is a network node" hasn't been the case for quite some time now. So, what are you attempting to say exactly? i'm saying core imposing limits to make sure bitcoin can run on a raspberry pie, was not the original intent. i want big voluptuous server farms running the world reserve cryptocurrency I didn't realize everyone running Core was forced into that choice. Title: Re: Core is creating an altcoin a fork a fake Post by: adamstgBit on May 03, 2016, 04:45:09 AM I'm not sure if you were aware or not Adam, but "every user is a network node" hasn't been the case for quite some time now. So, what are you attempting to say exactly? i'm saying core imposing limits to make sure bitcoin can run on a raspberry pie, was not the original intent. i want big voluptuous server farms running the world reserve cryptocurrency I didn't realize everyone running Core was forced into that choice. core ver 0.12.2 will change everything. you better dwl a BU node, before its too late! Title: Re: Core is creating an altcoin a fork a fake Post by: MingLee on May 03, 2016, 04:47:36 AM Well, money and power.
I'm not sure what to think of this, I currently don't like the direction they're taking, but I'll have to see what their reasoning is and how they plan for everything to work out. Title: Re: Core is creating an altcoin a fork a fake Post by: albert11 on May 03, 2016, 04:55:54 AM And the million dolla question is...............how do you scale thousand tx/s on chain while staying decentralized? Layer 2 solutions for scaling are inevitable if bitcoin is to become mainstream, so are block size limit increase btw, just be patient. Core's vision is long term. Bitcoin will use every scaling solutions available, core knows the priorities, they will roll out changes in the best way to keep bitcoin decentralized and censorship resistant.
Title: Re: Core is creating an altcoin a fork a fake Post by: Jet Cash on May 03, 2016, 05:29:17 AM Forgive me, but hasn't somebody invented a concept called an "on-line wallet". You don't need to be a full node to use such a service.
Title: Re: Core is creating an altcoin a fork a fake Post by: adamstgBit on May 03, 2016, 12:15:11 PM Forgive me, but hasn't somebody invented a concept called an "on-line wallet". You don't need to be a full node to use such a service. so why is core hell bent on making sure a full node does not exceed the raspberry pie specs?Title: Re: Core is creating an altcoin a fork a fake Post by: franky1 on May 03, 2016, 12:38:01 PM +blockstream: "2mb will cause a dilution of nodes because community cant cope with 2mb, which is bad"
- blockstream: "our features as of 2017 will have upto 5mb of data to include confidential payment codes, segwit and a hardfork, which is good" +blockstream: "our features will incentivize people to want to be full nodes" - blockstream: "our features turn off archival mode, witness mode so that you can run our branded software but not be a full node (but you wont realise that,so shh)" +blockstream: "our features are concentrating on bitcoin to ensure people want to be nodes" - blockstream: "we want people to move funds to a new signature algorithm, and then a different relay network and ultimately a different sidechain" - blockstream: "people having funds in LN and sidechains wont ever really transact personally on the real bitcoin blockchain. because hubs and exchanges handle that. so they wont need to be full nodes for personal reasons." |