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Bitcoin => Bitcoin Discussion => Topic started by: bbc.reporter on June 30, 2016, 02:04:13 PM



Title: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: bbc.reporter on June 30, 2016, 02:04:13 PM
Cross post from /r/bitcoin.

According to the Chinese translation, summary:

Core defaulted on HK consensus and doesn't honor 2M increase.

Chinese miners to unite to implement Classic which supports 2M increase and SegWit.

Urge all miners to unite to support the Terminator Plan - ( i think it implies to terminate Core's 0.13.1 which doesn't honor HK consensus).

This is truly a war by miners against CORE.


https://www.reddit.com/r/btc/comments/4qk7et/wow_chinese_miners_revolt_and_announce_terminator/?

It looks like the Chinese mining cartel are now trying pull the strings. 


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 02:19:33 PM
lol
original source?

anything beyond the reddit ??

i dont think its real


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: ImHash on June 30, 2016, 02:24:03 PM
lol
original source?

anything beyond the reddit ??

i dont think its real
where exactly is original source for any news? because I know reddit is known to be the main source for a lot of news in the world.
unless somewhere else you have in mind?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 02:29:25 PM
lol
original source?

anything beyond the reddit ??

i dont think its real
where exactly is original source for any news? because I know reddit is known to be the main source for a lot of news in the world.
unless somewhere else you have in mind?

well an original source would NOT be some crapstream media site that reddit has linked. but a document/announcement from the mining pools on a mining pool website.

EG
lets say the US senate wanted to say something. id never trust fox news to give me a summary, nor would i trust someone on reddit to link fox news. id prefer to go to the senate website and read the full report and minutes of the meeting.

so unless in the mining scenario there is a source that shows the pools announcing it themselves and them discussing the decision itself. then you need to take it with more then a pinch of salt


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: MbitSport on June 30, 2016, 02:36:38 PM
Just for context

http://8btc.com/thread-35645-1-1.html (http://8btc.com/thread-35645-1-1.html)

Quote
https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2F8btc.com%2Fthread-35645-1-1.html (https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2F8btc.com%2Fthread-35645-1-1.html)


Expansion of the dispute "Terminator Plan" proposal [Copy link] 38 3397 2016-6-30 11:36:38 Water no soul | vice captain | look landlord Posts by water, no soul in 2016-6-30 11:38 edit
Prerequisites:

1, core version 0.13.1 released in July, including the miners activated segwit (isolation witness) are available;

2, classic releases new version is based on core 0.13.1 version, including for miners active segwit (isolation witness) and 2M hard bifurcation;

3, core violation of the Hong Kong expansion consensus agreement, not in August 1, 2016 release includes new versions of 2M hard bifurcation.


Making process:

1, over 75% of the mine pool owners and operators of power miners Optional Optional day expansion of convening the meeting;

2, the meeting reached a consensus: all participants ore miners in pools or expansion route choice will work hand in hand;

3, select a pool of mine as "Terminator";

4, released "Terminator Plan" content.


Program content:

1. Participating mineral pool, miners reach consensus on expansion: 90% or more operators to activate 2M force bifurcation hard to count more than 95% of the force activation segwit (isolation witness);

2. Participating mineral pool, miners to achieve consensus on the expansion, will be unified planning, unified action, act in unison;

3, select XX meeting mine pool to "Terminator";

4, in addition to the "Terminator", the participants all mineral pools, within 30 days the miners core program switches to the latest version of the classic, complete 2M hard bifurcation, segwit (isolation witness) Operator support force;

5, if and only if more than 75% of the operator support 2M hard on finalizing the diverging after "Terminator" complete support for 2M hard bifurcation as soon as possible to ensure that there are more than 90% of the force operator support 2M hard bifurcation;

6, when the 2M hard fork is activated, the 28-day grace period, the pool of participants ore miners will do everything possible to inform all the miners, exchanges, wallet developer / company, core wallet users, other start-up companies and other completed core switching procedures to ensure the smooth progress of the bifurcation hard, to avoid unnecessary losses generated;

7, activate segwit (isolation witness).


Description proposal:

1. The proposed plan is valid only after three preconditions occur;

2, which is a majority of the miners to mine the main pool of the proposal, there are different opinions may ignore this proposal, will be idle, bored when I was nonsense;

3, expansion of the dispute has been debated for too long, both parties after a long discussion over, except for a few extreme person, most people agree that the following points:

(1) We need to 2M hard bifurcation, but requires enough force to support the operator to ensure that Bitcoin will not be split;
(2) We need to isolate the witness, in order to achieve Bitcoin kernel better scalability and compatibility;
(3) We need lightning network, in order to achieve Bitcoin-second transfer capability.

4. Select the Always use classic classic does not mean that later, if the core in a subsequent compatible version adds support for the classic, the miners can then select the core;

5, core and classic are open source projects, developers fate is freedom, when the miners selected classic, I believe there will be many core developers turn to classic provides code;

6, the battle line expansion, isolation witness, 2M hard bifurcation debate lightning network has been trouble for too long, please do not argue with me here their advantages and disadvantages, and I do not want to waste time on these topics and the energy;

7, one of the core design of bitcoin miner is considered the future direction of the force decided to Bitcoin, "talk harm the country", the expansion of the dispute has been debated for too long, continue to argue it is empty. "Hard work and prosperous," better than a perfect plan executed powerful miners was time to act to end this dispute it!

Not the best translation in the world.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 02:42:07 PM
Just for context

http://8btc.com/thread-35645-1-1.html (http://8btc.com/thread-35645-1-1.html)

Not the best translation in the world.

also not a good enough source. just some crapmedia


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: LFC_Bitcoin on June 30, 2016, 02:44:19 PM
What a load of shit. Must try harder young shill.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeefUsher on June 30, 2016, 02:54:55 PM
What a load of shit. Must try harder young shill.

Here you are, scratching out a few satoshis by shilling shit gambling sites in your signature and avatar (what's it like, whoring yourself out for chump change?), and you got the nerve to call someone else a shill ::)

Unless you have something more than your eye-raping ads & feeble ad hominems to add to the thread, please refrain from posting in the future.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: MbitSport on June 30, 2016, 03:15:51 PM
What a load of shit. Must try harder young shill.

Quote
Just for context




Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: HostFat on June 30, 2016, 05:04:41 PM
I hope that it is real, but I'll wait for more evidence.

https://twitter.com/JihanWu/with_replies


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: gentlemand on June 30, 2016, 05:32:55 PM
Utter bilge. Who is the person posting this and why haven't we seen a sudden uptake of Classic? I can't believe this tale has taken off on the basis of one post by some nobody.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 05:40:24 PM
Utter bilge. Who is the person posting this and why haven't we seen a sudden uptake of Classic? I can't believe this tale has taken off on the basis of one post by some nobody.

Hey you know what its like here. Any thread will do.
This one has hardly taken off, not like shit thread "is gmax satoshi" and many others.

This report is bilge. Posted by nobody.

But hey, it it almost exactly what I expect to happen for real. Soon!
https://bitcointalk.org/index.php?topic=1410211.0

 :D


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Kprawn on June 30, 2016, 05:41:07 PM
Is this a late April's Fools joke or what? Classic is out of the picture and we moving forward with SegWit. Why would people want to post shite like this? I was hoping this Core vs Classic / XT thing would

end with SegWit, but now it's being brought up again. Until I see some solid evidence of this, I will just take this as a joke. I have also not seen any spikes in the Classic node count, so this seems to be

BS.  Can anyone else shed some light on this for us?  ??? ???


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on June 30, 2016, 05:55:13 PM
Utter bilge. Who is the person posting this and why haven't we seen a sudden uptake of Classic? I can't believe this tale has taken off on the basis of one post by some nobody.

You mean Jihan Wu? Bitmain ring any bells?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: gentlemand on June 30, 2016, 05:59:17 PM
Yes, Mr. Chop. But he himself hasn't commented or tweeted about this ergo it's still piffle.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on June 30, 2016, 06:21:26 PM
Yes, Mr. Chop. But he himself hasn't commented or tweeted about this ergo it's still piffle.

Probably. Would only take a couple of tweets from major pool operators to dispel all these rumors.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 06:59:06 PM
I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

Their plan is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 07:01:19 PM
The thread title is most certainly wrong. The proposal was made by a random person and has no weight (at the moment). It is too early to jump to any kind of conclusions until major pools voice their opinions here.

It looks like the Chinese mining cartel are now trying pull the strings.  
No. What prevents me from creating accounts on that website and posting my "support" for this plan? Support 'via comments' can be easily faked on that website (correct me if I'm wrong).

Urge all miners to unite to support the Terminator Plan - ( i think it implies to terminate Core's 0.13.1 which doesn't honor HK consensus).
That was never part of 'HK consensus'. The individuals there said that they would deliver a proposal, not that it would be merged into Core (they can't do that on their own anyways).

It is very likely a decent amount of Devs will walk off if they do this.
That's understandable considering that something like this would practically be a stab in the back. This is way too risky for a change that only ups the throughput from ~3 TPS to 6 TPS.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 07:07:56 PM
I would not be surprised if this turns out to be true.

I agree. Or becomes true.

The Chinese operators
...do not understand the simplest things.
...they are total dumbshits.
..,even understand that simple thing?

I disagree. What makes you so superior over the Chinese miners?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on June 30, 2016, 07:08:25 PM
I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

It is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?

https://i.imgur.com/UxrfOqo.png

1MB4EVA KeccakCoin or Good Ol' BTC with greater throughput... hrm, tough choice.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 07:21:44 PM
I would not be surprised if this turns out to be true.

I agree. Or becomes true.

The Chinese operators
...do not understand the simplest things.
...they are total dumbshits.
..,even understand that simple thing?

I disagree. What makes you so superior over the Chinese miners?

I didn't say I was superior, I just said they are dumbshits and don't understand simple things.
They clearly do not understand the agreement they signed and they clearly do not understand
the consequences of what they are about to do (or rumored to do).

Miners should stick with what they know, which is mining.

Seems they want their cake and want to eat it too.


I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

It is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?

https://i.imgur.com/UxrfOqo.png

1MB4EVA KeccakCoin or Good Ol' BTC with greater throughput... hrm, tough choice.

Your arguing that the fact that they can make that vote a reality, that it transforms to the right choice?

That is total dumb shit thinking.
If majority of people vote to destroy the moon, then it's a good decision by your reasoning.

Great thinking there. Bright future ahead.  ::)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Btcvilla on June 30, 2016, 07:30:32 PM
What a load of shit. Must try harder young shill.

Here you are, scratching out a few satoshis by shilling shit gambling sites in your signature and avatar (what's it like, whoring yourself out for chump change?), and you got the nerve to call someone else a shill ::)

Unless you have something more than your eye-raping ads & feeble ad hominems to add to the thread, please refrain from posting in the future.

He is a hero with over 600 activity, your a newbie with 14. Just by looking at his activity and rank, you can tell he contributed a lot more to the forum than you. You need to get out.

Also, 777 coin pays pretty damn well to their hero members.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: pikebu on June 30, 2016, 07:32:53 PM
Let us wait and see


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on June 30, 2016, 07:40:40 PM
What a load of shit. Must try harder young shill.

Here you are, scratching out a few satoshis by shilling shit gambling sites in your signature and avatar (what's it like, whoring yourself out for chump change?), and you got the nerve to call someone else a shill ::)

Unless you have something more than your eye-raping ads & feeble ad hominems to add to the thread, please refrain from posting in the future.

He is a hero with over 600 activity, your a newbie with 14. Just by looking at his activity and rank, you can tell he contributed a lot more to the forum than you. You need to get out.

Also, 777 coin pays pretty damn well to their hero members.

First, take your signature spamming elsewhere, you are doing the same shit the other signature whore was reprehended for: Contributing nothing of substance and whoring a sig. Spamming your sig all over the forum is not contributing, it's pretty much the opposite of contributing.

To bring this back on topic: This is what started the whole thing:
https://np.reddit.com/r/Bitcoin/comments/4q3ztw/a_call_for_core_developers_to_clarify_their/d4q6ryh?context=3
Quote
[–]luke-jrLuke Dashjr - Bitcoin Expert 2 points 17 hours ago

HaoBTC, in the future, if you have concerns or questions that need clarification and/or answering, please just ask, rather than posting on a blog that we probably don't read and might not even notice...

Things that we tried to make clear both at the meeting itself, as well as afterward on social media:

    Core contributors present and party to the agreement were not acting as representatives of the Core dev team, (This was made VERY clear.)
    There was no hardfork promised (not even all the Core dev team has authority to do that), only code that could be recommended for one. (This also was made VERY clear.)
    The hardfork proposal promised was not a "2 MB hardfork", but a hardfork that would include as one minor change, the ability to include up to 2 MB of current witness-included-in-txid (anyone-can-malleate) transactions.
    Miners have no leverage to make demands. If they attempt to hardfork without community consensus, they harm only themselves, while Bitcoin moves on without them. (At least for my part, my goal of the agreement was to end division and argumentation, which did not happen, admittedly not because of the fault of many of the agreement participants.)
    The July 2016 estimate was not part of the agreement, and certainly not a deadline. It was (at the time) a reasonable expectation based on the agreement terms.
    Speaking only for myself, I made the promise with sincerity, and intend to uphold it best I can (despite the almost immediate violation by one of the parties).

Admittedly, both at the meeting and now, I consider the "SegWit delayed until HF is released in Core" position some miners took to be unviable, and that miners will be pressured to deploy it much sooner by the community. After all, not deploying segwit literally means they are preventing the block size increase. However, I understand the agreement places no such obligation on them.

Since the agreement was made:

    SegWit has still not yet been included in a release. Thus the three months deadline has not even begun "counting" yet. (I still aspire to have something by the end of July if possible, but I consider this to be above and beyond the agreed-on terms.)
    Discussions have revealed that the goal of expanding space for anyone-can-malleate transactions loses the necessary performance improvements included with SegWit to make larger blocks safer, thus cannot safely be done without ugly hacks to introduce new limits similar to BIP 109 which might become a nuisance to Bitcoin both today and in the future. This isn't a show-stopper to writing code, but it may make it difficult to come up with something that unbiased parties can recommend.
    Many third parties have expressed that they will under no conditions consent to a hardfork that comes out of this or any other political agreement. This won't block code nor recommentation, but it does guarantee such a proposal cannot be adopted.
    Some developer(s) have expressed concerns that doing a hardfork safely ("soft hardfork") is somehow "unethical" to them, and doing it unsafely will require even greater efforts on ensuring consensus is reached not only from the community, but also that there are no nodes accidentally left behind. This isn't a blocker, but it probably makes deployment much harder.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 07:43:12 PM
I would not be surprised if this turns out to be true.
I agree. Or becomes true.
The Chinese operators
...do not understand the simplest things.
...they are total dumbshits.
..,even understand that simple thing?
I disagree. What makes you so superior over the Chinese miners?
I didn't say I was superior, I just said they are dumb shits and don't understand simple things.

Ok, but your superior to dumb shits that don't understand simple things, or not?
Just saying.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Btcvilla on June 30, 2016, 07:45:03 PM
What a load of shit. Must try harder young shill.

Here you are, scratching out a few satoshis by shilling shit gambling sites in your signature and avatar (what's it like, whoring yourself out for chump change?), and you got the nerve to call someone else a shill ::)

Unless you have something more than your eye-raping ads & feeble ad hominems to add to the thread, please refrain from posting in the future.

He is a hero with over 600 activity, your a newbie with 14. Just by looking at his activity and rank, you can tell he contributed a lot more to the forum than you. You need to get out.

Also, 777 coin pays pretty damn well to their hero members.

First, take your signature spamming elsewhere, you are doing the same shit the other signature whore was reprehended for: Contributing nothing of substance and whoring a sig. Spamming your sig all over the forum is not contributing, it's pretty much the opposite of contributing.


You are a newbie who has done nothing be insult people for no reason.

Someone with common sense posted a reply, and you went off topic talking about his signature.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on June 30, 2016, 07:52:28 PM
What a load of shit. Must try harder young shill.

Here you are, scratching out a few satoshis by shilling shit gambling sites in your signature and avatar (what's it like, whoring yourself out for chump change?), and you got the nerve to call someone else a shill ::)

Unless you have something more than your eye-raping ads & feeble ad hominems to add to the thread, please refrain from posting in the future.

He is a hero with over 600 activity, your a newbie with 14. Just by looking at his activity and rank, you can tell he contributed a lot more to the forum than you. You need to get out.

Also, 777 coin pays pretty damn well to their hero members.

First, take your signature spamming elsewhere, you are doing the same shit the other signature whore was reprehended for: Contributing nothing of substance and whoring a sig. Spamming your sig all over the forum is not contributing, it's pretty much the opposite of contributing.


You are a newbie who has done nothing be insult people for no reason.

Someone with common sense posted a reply, and you went off topic talking about his signature.

My forum rank is irrelevant. You and your alt may have been spamming up this forum for years, scratching out penny shavings (which you turn around and lose to the same gambling sites you pimp), but this don't turn your shit into Shinola.

Please stay on topic, or better still, delete your post and spam some other sub.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on June 30, 2016, 07:53:17 PM
I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

It is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?

https://i.imgur.com/UxrfOqo.png

1MB4EVA KeccakCoin or Good Ol' BTC with greater throughput... hrm, tough choice.

Your arguing that the fact that they can make that vote a reality, that it transforms to the right choice?

That is total dumb shit thinking.
If majority of people vote to destroy the moon, then it's a good decision by your reasoning.

Great thinking there. Bright future ahead.  ::)

*You're

I simply posted satoshi's description of Bitcoin's consensus mechanism. You're the one who equated Bitcoin with higher throughput akin to "destroying the moon".

Miners will face the consequence or reward of their decision via the exchange rate. As the price shot up near $40 upon hearing this rumor... the market may disagree with your sentiment.

If you disagree with miner consensus, you will remain completely free to dump your coins or move to an altcoin more in line with your philosophy.  :)



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:00:39 PM
I would not be surprised if this turns out to be true.
I agree. Or becomes true.
The Chinese operators
...do not understand the simplest things.
...they are total dumbshits.
..,even understand that simple thing?
I disagree. What makes you so superior over the Chinese miners?
I didn't say I was superior, I just said they are dumb shits and don't understand simple things.

Ok, but your superior to dumb shits that don't understand simple things, or not?
Just saying.

Superiority is irreverent. I can call someone a moron and not claim to be superior to them.
It is possible I am a dumbshit as to things that I am unaware of, but the miners know of.
Does that make them superior to me now?

I think what the Chinese Miners are rumored to have agreed to in secret is a major dumbshit move.

Are you arguing that the Miners are superior to the Devs here?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on June 30, 2016, 08:10:26 PM
Are you arguing that the Miners are superior to the Devs here?

Superior to which devs, Core or Classic? Do you not see how the Miners' interests may be different from Blockstream's Core devs?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Btcvilla on June 30, 2016, 08:10:56 PM
What a load of shit. Must try harder young shill.

Here you are, scratching out a few satoshis by shilling shit gambling sites in your signature and avatar (what's it like, whoring yourself out for chump change?), and you got the nerve to call someone else a shill ::)

Unless you have something more than your eye-raping ads & feeble ad hominems to add to the thread, please refrain from posting in the future.

He is a hero with over 600 activity, your a newbie with 14. Just by looking at his activity and rank, you can tell he contributed a lot more to the forum than you. You need to get out.

Also, 777 coin pays pretty damn well to their hero members.

First, take your signature spamming elsewhere, you are doing the same shit the other signature whore was reprehended for: Contributing nothing of substance and whoring a sig. Spamming your sig all over the forum is not contributing, it's pretty much the opposite of contributing.


You are a newbie who has done nothing be insult people for no reason.

Someone with common sense posted a reply, and you went off topic talking about his signature.

My forum rank is irrelevant. You and your alt may have been spamming up this forum for years, scratching out penny shavings (which you turn around and lose to the same gambling sites you pimp), but this don't turn your shit into Shinola.

Please stay on topic, or better still, delete your post and spam some other sub.

Your forum rank is very much relevant. You are brand new this forum and your insulting people who have been here for years.

You are obviously a troll. Almost everything you have posted is you throwing insults at other users, acting superior to them.

You will not last long on this forum.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:14:09 PM
I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

It is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?

https://i.imgur.com/UxrfOqo.png

1MB4EVA KeccakCoin or Good Ol' BTC with greater throughput... hrm, tough choice.

Your arguing that the fact that they can make that vote a reality, that it transforms to the right choice?

That is total dumb shit thinking.
If majority of people vote to destroy the moon, then it's a good decision by your reasoning.

Great thinking there. Bright future ahead.  ::)

*You're

I simply posted satoshi's description of Bitcoin's consensus mechanism. You're the one who equated Bitcoin with higher throughput akin to "destroying the moon".

Miners will face the consequence or reward of their decision via the exchange rate. As the price shot up near $40 upon hearing this rumor... the market may disagree with your sentiment.

If you disagree with miner consensus, you will remain completely free to dump your coins or move to an altcoin more in line with your philosophy.  :)

I didn't equate "higher throughput" to "destroying the moon".
I provided an example to my prior statement: "Your arguing that the fact that they
can make that vote a reality, that it transforms to the right choice?"

So what you are saying I said is pretty out of context. I'm not against "higher throughput", and never said to be.

If the miner's do this, I will and sure others will buy into an altcoin that is in line with the original Bitcoin philosophy.  :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on June 30, 2016, 08:16:11 PM
My forum rank is irrelevant. You and your alt may have been spamming up this forum for years, scratching out penny shavings (which you turn around and lose to the same gambling sites you pimp), but this don't turn your shit into Shinola.

Please stay on topic, or better still, delete your post and spam some other sub.

Your forum rank is very much relevant. You are brand new this forum and your insulting people who have been here for years.

Are you telling me that years of whoring yourself out to gambling websites and shitting up this forum with signature spam has earned you the right to post off-topic replies & insult new users?
I respectfully disagree.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:19:47 PM
Are you arguing that the Miners are superior to the Devs here?

Superior to which devs, Core or Classic? Do you not see how the Miners' interests may be different from Blockstream's Core devs?

Do you not see that the Miner's future is contingent on the Core Devs continuing to work on Bitcoin into the future?
You seriously think the Classic devs will be able to handle it all on their own?

Do you have guarantees that Core Devs will continue to participate after such move?

Do you really care about the future of Bitcoin, or do you just care about winning your sides argument?



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 08:23:26 PM
I would not be surprised if this turns out to be true.
I agree. Or becomes true.
The Chinese operators
...do not understand the simplest things.
...they are total dumbshits.
..,even understand that simple thing?
I disagree. What makes you so superior over the Chinese miners?
I didn't say I was superior, I just said they are dumb shits and don't understand simple things.

Ok, but your superior to dumb shits that don't understand simple things, or not?
Just saying.

Superiority is irreverent. I can call someone a moron and not claim to be superior to them.
It is possible I am a dumbshit as to things that I am unaware of, but the miners know of.
Does that make them superior to me now?

I think what the Chinese Miners are rumored to have agreed to in secret is a major dumbshit move.

Are you arguing that the Miners are superior to the Devs here?

I don't really see how you can call someone a moron, without the implication you are better than a moron. = superior.
So the miners "know of" now? I thought you said they do not understand the simplest things.
In my opinion, they probably are superior to you on this issue.
I was just saying. Just my opinion. obviously we wont agree here.

Ok, dumb shit "move" iyo. (not quite the same as "dumb shit Chinese miners, is it?)
I accept your opinion on that, even though my opinion is opposite.
It was so secret, I could predict it.
https://bitcointalk.org/index.php?topic=1410211.0

"Are you arguing that the Miners are superior to the Devs here?"
Oh well, I wasn't. I was arguing that you were incorrect to call Chinese miners dumb shits incapable of understanding the smallest thing.




Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on June 30, 2016, 08:24:01 PM
Are you arguing that the Miners are superior to the Devs here?

Superior to which devs, Core or Classic? Do you not see how the Miners' interests may be different from Blockstream's Core devs?

Do you not see that the Miner's future is contingent on the Core Devs continuing to work on Bitcoin into the future?
It is. If they keep trusting Core devs to do what they promised, they're gonna lose a shitload of money. And that's why this is happening right now.
Quote
You seriously think the Classic devs will be able to handle it all on their own?
Can't do much worse.
Quote
Do you really care about the future of Bitcoin, or do you just care about winning your sides argument?
Questions like this that are less than constructive. Why are you asking me this? How would my answering in the positive or negative alter the facts?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:30:26 PM
I would not be surprised if this turns out to be true.
I agree. Or becomes true.
The Chinese operators
...do not understand the simplest things.
...they are total dumbshits.
..,even understand that simple thing?
I disagree. What makes you so superior over the Chinese miners?
I didn't say I was superior, I just said they are dumb shits and don't understand simple things.

Ok, but your superior to dumb shits that don't understand simple things, or not?
Just saying.

Superiority is irreverent. I can call someone a moron and not claim to be superior to them.
It is possible I am a dumbshit as to things that I am unaware of, but the miners know of.
Does that make them superior to me now?

I think what the Chinese Miners are rumored to have agreed to in secret is a major dumbshit move.

Are you arguing that the Miners are superior to the Devs here?

I don't really see how you can call someone a moron, without the implication you are better than a moron. = superior.
So the miners "know of" now? I thought you said they do not understand the simplest things.
In my opinion, they probably are superior to you on this issue.
I was just saying. Just my opinion. obviously we wont agree here.

Ok, dumb shit "move" iyo. (not quite the same as "dumb shit Chinese miners, is it?)
I accept your opinion on that, even though my opinion is opposite.
It was so secret, I could predict it.
https://bitcointalk.org/index.php?topic=1410211.0

"Are you arguing that the Miners are superior to the Devs here?"
Oh well, I wasn't. Are you arguing the opposite?

You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.
So by your reasoning, the Miner's think they are superior to the Core Devs.
So by that reasoning, the Miner's are calling the Core Devs dumbshits. Lol.

Maybe the miners should stick to mining, is my point.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 08:32:26 PM
It is. If they keep trusting Core devs to do what they promised, they're gonna lose a shitload of money. And that's why this is happening right now.
Wrong. The people who attended the HK meeting have done nothing that violates their "agreement" yet. It was well known that the people were acting as individuals and could in no way guarantee that the presented HF (not yet) would be merged into Core.

Can't do much worse.
Classic developers are like high school programmers in comparison to the people working on Core.

Do you have guarantees that Core Devs will continue to participate after such move?
I'm certain that it is likely that most of them would abandon their 'public' work for Bitcoin. Would you not do the same if you got 'stabbed in the back' after this much time?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:37:25 PM
Are you arguing that the Miners are superior to the Devs here?

Superior to which devs, Core or Classic? Do you not see how the Miners' interests may be different from Blockstream's Core devs?

Do you not see that the Miner's future is contingent on the Core Devs continuing to work on Bitcoin into the future?
It is. If they keep trusting Core devs to do what they promised, they're gonna lose a shitload of money. And that's why this is happening right now.
Quote
You seriously think the Classic devs will be able to handle it all on their own?
Can't do much worse.
Quote
Do you really care about the future of Bitcoin, or do you just care about winning your sides argument?
Questions like this that are less than constructive. Why are you asking me this? How would my answering in the positive or negative alter the facts?

It is pretty clear you are concerned with financial growth for bitcoin and I am concerned with making Bitcoin stronger through resistance.
I argue that the financial growth you want and hope for will never come about from straying from the reasoning of Bitcoin's creation.

Bitcoin was not created as a quick rich scheme.
If Miner's are losing money, it is because they expanded too quickly.
Mass adoption is still 10 years out. Build it and they will come is a myth.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 08:39:08 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on June 30, 2016, 08:40:38 PM
I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

It is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?

https://i.imgur.com/UxrfOqo.png

1MB4EVA KeccakCoin or Good Ol' BTC with greater throughput... hrm, tough choice.

Your arguing that the fact that they can make that vote a reality, that it transforms to the right choice?

That is total dumb shit thinking.
If majority of people vote to destroy the moon, then it's a good decision by your reasoning.

Great thinking there. Bright future ahead.  ::)

*You're

I simply posted satoshi's description of Bitcoin's consensus mechanism. You're the one who equated Bitcoin with higher throughput akin to "destroying the moon".

Miners will face the consequence or reward of their decision via the exchange rate. As the price shot up near $40 upon hearing this rumor... the market may disagree with your sentiment.

If you disagree with miner consensus, you will remain completely free to dump your coins or move to an altcoin more in line with your philosophy.  :)

I didn't equate "higher throughput" to "destroying the moon".
You did it via an (somewhat inept) analogy. I didn't make the analogy, you did.

I provided an example to my prior statement: "Your arguing that the fact that they
can make that vote a reality, that it transforms to the right choice?"
*You're
It's simply how Bitcoin works at the protocol level, succinctly described by satoshi in the white paper. The protocol, by itself, doesn't decide right or wrong, its participants do, and they vote with their CPU's (or influence those that do by buying or selling on the market.)

So what you are saying I said is pretty out of context. I'm not against "higher throughput", and never said to be.
The miners are trying to achieve higher throughput, so your flailing about over this seems to indicate otherwise.

If the miner's do this, I will and sure others will buy into an altcoin that is in line with the original Bitcoin philosophy.  :)
And I will buy more BTC as they are solving an important issue that has been repeatedly stalled and blocked by Core technicians. To free minds, and free markets!  :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 08:42:57 PM
You have proven to be a dumbshit, as well it seems.

I disagree. Oh, I get it now, that is why you call myself and the Chinese miners dumb shits.
Your superior to myself and the Chinese miners.

Maybe the miners should stick to mining, is my point.

Phew, why didn't you just say.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 08:46:27 PM
It is. If they keep trusting Core devs to do what they promised, they're gonna lose a shitload of money. And that's why this is happening right now.
Wrong. The people who attended the HK meeting have done nothing that violates their "agreement" yet. It was well known that the people were acting as individuals and could in no way guarantee that the presented HF (not yet) would be merged into Core.
They rejected the validity of the agreement outright.
Quote
Can't do much worse.
Classic developers are like high school programmers in comparison to the people working on Core.
Try to do better than "my dad's smarter than your dad," or don't bother. I have not seen a single line of your code, so your opinion is a bit suspect.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:49:39 PM
You have proven to be a dumbshit, as well it seems.

I disagree. Oh, I get it now, that is why you call myself and the Chinese miners dumb shits.
Your superior to myself and the Chinese miners.

Maybe the miners should stick to mining, is my point.

Phew, why didn't you just say.

I'm sorry I didn't make it more simple for you sooner.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 08:54:51 PM
They rejected the validity of the agreement outright.
Are you referring to the recent statement by Luke-Jr? Do you know that someone had already broken the agreement (was it F2Pool? I can't remember correctly).

Try to do better than "my dad's smarter than your dad," or don't bother.
False analogy. That's an opinion due to subjective bias which is not the case here. This is an objective observation based on what I've seen so far.

I have not seen a single line of your code, so your opinion is a bit suspect.
So because you haven't seen 'my code', my opinion is invalidated (or 'suspect')? That is horrible logic, as it would invalidate your own opinion and the opinions of "users" who share your 'view' as well.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 08:55:23 PM
I would not be surprised if this turns out to be true.
The Chinese operators of these mining pools do not understand the simplest things.
They may be able to buy and/or build more mining units to increase their hashing capacity
and out compete all others, but when it comes to anything else Bitcoin, they are total dumbshits.

If the Chinese Miners want to switch to Classic or anything other, they should be prepared to
take over and be singularly responsible for all future programming for that fork.
It is very likely a decent amount of Devs will walk off if they do this.

If they start setting up and attempt this fork, they better have a better plan then what is proposed.

It is contingent that the Core team stays and works on Classic, even though Classic is controlled
and maintained by totally different Devs. Do the Chinese Miners even understand that simple thing?

https://i.imgur.com/UxrfOqo.png

1MB4EVA KeccakCoin or Good Ol' BTC with greater throughput... hrm, tough choice.

Your arguing that the fact that they can make that vote a reality, that it transforms to the right choice?

That is total dumb shit thinking.
If majority of people vote to destroy the moon, then it's a good decision by your reasoning.

Great thinking there. Bright future ahead.  ::)

*You're

I simply posted satoshi's description of Bitcoin's consensus mechanism. You're the one who equated Bitcoin with higher throughput akin to "destroying the moon".

Miners will face the consequence or reward of their decision via the exchange rate. As the price shot up near $40 upon hearing this rumor... the market may disagree with your sentiment.

If you disagree with miner consensus, you will remain completely free to dump your coins or move to an altcoin more in line with your philosophy.  :)

I didn't equate "higher throughput" to "destroying the moon".
You did it via an (somewhat inept) analogy. I didn't make the analogy, you did.

I provided an example to my prior statement: "Your arguing that the fact that they
can make that vote a reality, that it transforms to the right choice?"
*You're
It's simply how Bitcoin works at the protocol level, succinctly described by satoshi in the white paper. The protocol, by itself, doesn't decide right or wrong, its participants do, and they vote with their CPU's (or influence those that do by buying or selling on the market.)

So what you are saying I said is pretty out of context. I'm not against "higher throughput", and never said to be.
The miners are trying to achieve higher throughput, so your flailing about over this seems to indicate otherwise.

If the miner's do this, I will and sure others will buy into an altcoin that is in line with the original Bitcoin philosophy.  :)
And I will buy more BTC as they are solving an important issue that has been repeatedly stalled and blocked by Core technicians. To free minds, and free markets!  :)

It was not an analogy with throughput, I was making a different point on voting, but that doesn't seem to matter to you.
Nothing seems to matter to you other than the markets it seems.

Hopefully Bitcoin has reached to point that it will be able to withstand the assault that is going to come about from this move.
Sometimes I wonder whether people like you are a real person with a true belief or a government agency just trying to weaken Bitcoin.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: pogress on June 30, 2016, 09:02:15 PM
Maybe the miners should stick to mining, is my point.

Sure, but your missing the fact the miners have right to choose what client and what changes to activate. They can merge the code they like or use any clone of Bitcoin repository or whatever. Most devs are miners as well, or at least were at one point in time. Bitcoin and all voting is based on proof of work, not on github/bitcoin - but miners are free to use and run code from this place if they choose to, but it is not required.


It's simply how Bitcoin works at the protocol level, succinctly described by satoshi in the white paper. The protocol, by itself, doesn't decide right or wrong, its participants do, and they vote with their CPU's (or influence those that do by buying or selling on the market.)

Nice to see someone understand how Bitcoin works.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on June 30, 2016, 09:03:12 PM
It was not an analogy with throughput, I was making a different point on voting, but that doesn't seem to matter to you.
Nothing seems to matter to you other than the markets it seems.
Hopefully Bitcoin has reached to point that it will be able to withstand the assault that is going to come about from this move.

Re: Voting... like it or not, this is Bitcoin:
https://i.imgur.com/UxrfOqo.png

A market is a manifestation of real sentiment that is comprised of people putting their own wealth on the line. Bitcoin's entire incentive structure is based on free markets and rational economic behavior.

Maybe one could create an altcoin with a different mechanism, like "Proof of strong uncontentious consensus among Core developers"?



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 09:10:43 PM
Maybe the miners should stick to mining, is my point.

Sure, but your missing the fact the miners have right to choose what client and what changes to activate. They can merge the code they like or use any clone of Bitcoin repository or whatever. Most devs are miners as well, or at least were at one point in time. Bitcoin and all voting is based on proof of work, not on github/bitcoin - but miners are free to use and run code from this place if they choose to, but it is not required.


It's simply how Bitcoin works at the protocol level, succinctly described by satoshi in the white paper. The protocol, by itself, doesn't decide right or wrong, its participants do, and they vote with their CPU's (or influence those that do by buying or selling on the market.)

Nice to see someone understand how Bitcoin works.

I already understand all this.

My point is they think that the Core Devs are currently incorrect. They are rumored of agreeing to a proposal to switch to Classic.
Those are separate devs (from Core) with a fundamentally different ideologically view point on what makes Bitcoin/BTC valuable.

Are you sure the miner's understand that? Their proposal seems to think that core devs just shuffle over to classic.

What I'm saying is: Do the Chinese Miner's fully understand the situation and the potential future outcome?
I am arguing that they do not. I argue they don't know anything about how any of that works.
They only know what they know about mining. Their move to classic could neuter their future profits.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: krumblez on June 30, 2016, 09:13:10 PM
The discredit and derailing is strong with the OP. gg.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 09:14:41 PM
They rejected the validity of the agreement outright.
Are you referring to the recent statement by Luke-Jr? Do you know that someone had already broken the agreement (was it F2Pool? I can't remember correctly).
Yes, Luke-jr. No, I didn't know about F2Pool. Link?
Regardless, the agreement is either valid and binding, or it's not. If it's not, the miners are free to do whatever they wish, and this whole debate is pointless.

Quote
Try to do better than "my dad's smarter than your dad," or don't bother.
False analogy. That's an opinion due to subjective bias which is not the case here. This is an objective observation based on what I've seen so far.
If you don't code, your "objective observation" re. coding abilities of others is what's called an "uneducated opinion," and, as such, ain't worth much more than my cat's. My cat don't code.
As far as "bias" goes, your bias on this issue is well-known.

Quote
I have not seen a single line of your code, so your opinion is a bit suspect.
So because you haven't seen 'my code', my opinion is invalidated (or 'suspect')? That is horrible logic, as it would invalidate your own opinion and the opinions of "users" who share your 'view' as well.
No, there's nothing wrong with my logic.
I would value an opinion of a surgeon much higher than that of a garbage collector, if the topic is surgery. Vice-versa if the topic is collecting garbage.
But you're telling me that both are just as good?

@AgentofCoin https://bitcointalk.org/index.php?topic=1532130.msg15425353#msg15425353


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 09:21:02 PM
I already understand all this.
I am arguing that they do not. I argue they don't know anything about how any of that works.

Get a grip boy.

Your argument is pretty thin.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 09:25:39 PM
I already understand all this.
I am arguing that they do not. I argue they don't know anything about how any of that works.

Get a grip boy.

Your argument is pretty thin.


Calling me a boy is very offensive to me.
Are you saying you are superior to me?
Lol!



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 09:29:51 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
The mountain doesn't have any bandits since it is harder for them to perform their attack.

Do you still build through the plains knowing that?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: rizzlarolla on June 30, 2016, 09:37:45 PM
These bandits have the ability to stop the train, kill all the riders and destroy the train.


What bandits?
That is how I see Core.



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 09:42:23 PM
Yes, Luke-jr. No, I didn't know about F2Pool. Link?
I think they violated it a day later mining a Classic block. I'll update the post if I find the link.

Regardless, the agreement is either valid and binding, or it's not. If it's not, the miners are free to do whatever they wish, and this whole debate is pointless.
It matters. People who attack Luke-jr for 'trying' to create a proposal are heavily biased if it was already broken.

If you don't code, your "objective observation" re. coding abilities of others is what's called an "uneducated opinion," and, as such, ain't worth much more than my cat's. My cat don't code.
So you can draw a conclusion of my 'coding abilities' based on not-seeing any of my code? Interesting story.

As far as "bias" goes, your bias on this issue is well-known.
No it is not. What nonsense are you talking about? I have no connection to any developer regardless of whether Core or Classic/other.

I would value an opinion of a surgeon much higher than that of a garbage collector, if the topic is surgery. Vice-versa if the topic is collecting garbage.
Fine, Core has surgeons and Classic has garbage collectors. I get it.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 09:42:34 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from which way the railroad goes.

The interests of the miners don't coincide with the interests of the Core devs, just like the interests of Mayor Mccheese don't coincide with those of Hamburglar. They're at odds. Not because of some misunderstanding or stupidity, but because money.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on June 30, 2016, 09:48:36 PM
Cross post from /r/bitcoin.

According to the Chinese translation, summary:

Core defaulted on HK consensus and doesn't honor 2M increase.

Chinese miners to unite to implement Classic which supports 2M increase and SegWit.

Urge all miners to unite to support the Terminator Plan - ( i think it implies to terminate Core's 0.13.1 which doesn't honor HK consensus).

This is truly a war by miners against CORE.


https://www.reddit.com/r/btc/comments/4qk7et/wow_chinese_miners_revolt_and_announce_terminator/?

It looks like the Chinese mining cartel are now trying pull the strings.  

they can do it and they will do it. money talks ! :)

wtf cares about Core of ShitCore or ShitClassic? it only matters the profit and nothing more. would you care about any Bitcoin shit if would make millions of USD now? NO! You will grab the money without looking back and done. :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: pogress on June 30, 2016, 09:49:00 PM
My point is they think that the Core Devs are currently incorrect.

Everybody has different opinion. Do you even know anybody you can 100% agree on any matter, because I dont.


They are rumored of agreeing to a proposal to switch to Classic.
Those are separate devs (from Core) with a fundamentally different ideologically view point on what makes Bitcoin/BTC valuable.

Are you sure the miner's understand that? Their proposal seems to think that core devs just shuffle over to classic.

What I'm saying is: Do the Chinese Miner's fully understand the situation and the potential future outcome?
I am arguing that they do not. I argue they don't know anything about how any of that works.
They only know what they know about mining. Their move to classic could neuter their future profits.

Classic is not good option for myselves, miners should merge the changes they want but if they choose BIP 109 because their lazy to come up with better hard fork change, be it. Its not the end of Bitcoin, and certainly better than current 1 MB, so no big deal for me. Maybe the few who treated Bitcoin as their own pet project leaves Bitcoin because of their egos, but every dev should be replacable if Bitcoin is meant to be decentralized - and those who understand what Bitcoin is keep using and making Bitcoin better after the change anyway.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 09:51:47 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.
Bitcoin is only valuable if it can resist or entirely prevent all possible forms of attacks or exploits.
The recent Ethereum situation is a perfect example. They and their community have chosen the plains, IMO.
There will be many more problems with Ethereum in the future because it was designed the wrong way.

I think there are right ways and wrong ways. Not all roads lead to the same place. Some have dead ends.

Satoshi didn't make Bitcoin to become rich, but to be secure resistant money. We should uphold that.

If you are saying that some are being paid to go through the mountains, why is that a problem if the mountains are secure?
If you want to go through the plains with bandits, which is not secure, but not paid by the Mayor, why is that better?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on June 30, 2016, 09:56:13 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.
Bitcoin is only valuable if it can resist or entirely prevent all possible forms of attacks or exploits.
The recent Ethereum situation is a perfect example. They and their community have chosen the plains, IMO.
There will be many more problems with Ethereum in the future because it was designed the wrong way.

I think there are right ways and wrong ways. Not all roads lead to the same place. Some have dead ends.



For someone/for anybody, if the "dead end" is millions of cash, it's VERY good. who cares what's happening with an e-currency(it does not matter the name; it could be Bitcoin) if I make millions NOW ?

"Someone" takes the money and never look back to any shit Bitcoin Core or Classic :)  Your talking about principles in a world without them .  ;D


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 10:00:45 PM
Yes, Luke-jr. No, I didn't know about F2Pool. Link?
I think they broke it a day later mining a Classic block. I'll update the post if I find the link.

Regardless, the agreement is either valid and binding, or it's not. If it's not, the miners are free to do whatever they wish, and this whole debate is pointless.
It matters. People who attack Luke-jr for 'trying' to create a proposal are heavily biased if it was already broken.
If Luke's argument was "you already broke the agreement," you'd have a point. His argument is that there's no agreement to be broken, the signatories did not represent core, so haha. that sort of thing. Tipikal Luke jr. shit.

Quote
If you don't code, your "objective observation" re. coding abilities of others is what's called an "uneducated opinion," and, as such, ain't worth much more than my cat's. My cat don't code.
So you can draw a conclusion of my 'coding abilities' based on not-seeing any of my code? Interesting story.
No. I'm going to assume your coding abilities are nonexistent until I see your code. I also wouldn't let a random bro do cardio surgery on me.
Not even if he gets all snide with "So you can draw a conclusion of my 'doctoring abilities' based on not-seeing any of my doctoring? Interesting story."
I haven't seen any of your doctoring, we're not in a hospital, so I'm gonna go ahead and assume that you're qualified to saw open my chest until I see some product.
Are you telling me you're an expert coder? GitHub link?

Quote
As far as "bias" goes, your bias on this issue is well-known.
No it is not. What nonsense are you talking about? I have no connection to any developer regardless of whether Core or Classic/other.
You have been toeing the core party line as long as I remember. You're on Teymos' payroll, you deleted threads that mentioned Classic, per this forum's official policy. Unbiased ::)



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 10:04:14 PM
What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.
Bitcoin is only valuable if it can resist or entirely prevent all possible forms of attacks or exploits.
The recent Ethereum situation is a perfect example. They and their community have chosen the plains, IMO.
There will be many more problems with Ethereum in the future because it was designed the wrong way.

I think there are right ways and wrong ways. Not all roads lead to the same place. Some have dead ends.



For someone/for anybody, if the "dead end" is millions of cash, it's VERY good. who cares what's happening with an e-currency(it does not matter the name; it could be Bitcoin) if I make millions NOW ?

"Someone" takes the money and never look back to any shit Bitcoin Core or Classic :)  Your talking about principles in a world without them .  ;D


Satoshi created Bitcoin based upon principal.
It's not my fault the community may consist of users such as yourself now.
That is what is at issue here.
The Chinese Miner's are willingly leaving security and a future and entering your world with no future and anything goes.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 10:19:40 PM
If Luke's argument was "you already broke the agreement," you'd have a point. His argument is that there's no agreement to be broken, the signatories did not represent core, so haha. that sort of thing. Tipikal Luke jr. shit.
He's right. The individuals have never represented Core and they aren't able to do so easily anyways. It was clear that they can't promise a merge as this proposal would require evaluation and consensus like any other proposal.

No. I'm going to assume your coding abilities are nonexistent until I see your code.
You can't make a claim that Classic developers are equally as good, or good enough due to your nonexistent coding skills either (according to this logic). How many 'good developers' does Classic have?

I also wouldn't let a random bro do cardio surgery on me.
False analogy. This is an opinion nothing more.

Are you telling me you're an expert coder? GitHub link?
I may or may not be. I have claimed neither.

You have been toeing the core party line as long as I remember. You're on Teymos' payroll, you deleted threads that mentioned Classic, per this forum's official policy. Unbiased ::)
So because I have a different opinion than you (e.g. I support Core and you support Classic) I'm biased? I most certainly am not on a "payroll" and I most certainly have not deleted such threads (I don't moderate these sections). Another failed attempt at undermining my persona.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 10:20:21 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.

Look, I don't know how to make it any simpler, but I'll try.
1. There are many right ways to build a railroad from NY to SanFran.
2. If you live in EastDmbfuck, WY, the right way *for you* is if that RR goes through EastDmbfuck, WY. Because then you wouldn't be EastDmbfuck, WY. anymore, you'd be Metropolis WY.
3. Routing RR through Armpit, KS, is not wrong, but it's wrong for EastDmbfuck, WY.
4. All of these routes could be made perfectly safe, that's not what this is abut.
5. Both Armpit, KS & EastDmbfuck, WY will give you a zillion reasons why their way is the best. It's in their enlightened self-interest to lie to you.

Back to Mayor Mccheese: City of Mccheese will shrivel up and die if RR don't go through it. It's banking on it. It bought all the devs properties that are in the right of way. It's desperate. But that's a tale for a later date.

P.S. Yes, I'm using multiple accounts. It serves MY enlightened self-interest.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 10:21:00 PM
I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

better analogy
public railroad engineers for 7 years had a railroad with a single track that tunnelled through a mountain to get to the town
everyone had to get on a train that only allowed 2500adults and 2000children onboard per train every 10 minutes
but the town wanted to expand
trying to change it so that the trains departed every 2 or 5 minutes was impossible and would break the rail road completely. no one would do that ever..for good reason

so the HARD option is to excavate the tunnel to allow a reinforced track that could cope with larger trains to allow 5000adults and 4000 children per train every 10 minutes
or the Soft option. to make a second track that goes around the mountain.
but to do this the trains needed to change to ensure it didnt damage the track.

the private company called secondrail wanted the soft option because later they could use the soft track to divert to other towns like lightnington or sidechaina
however this soft track only works with the adults getting on the main track and the children have to get on the new soft track. and would only see an overall capacity increase if the adults made a decision to separate from their children.

the private company called secondrail funded some of the public railroad engineers for the design, labour and construction of the soft track, adding a non-compete clause.
a couple public railroad engineers didnt sign and done other things one resigned and one set up his own track company that had plans for the Hard option
the private company called secondrail made some passenger concessions such as "children can have a free ticket" so the adults see a cost reduction. hoping it would please the passengers to agree
the private company called secondrail made some threats that if the soft track was not accepted by the town they would demolish the tunnel. to scare the town into agreeing

then there was a whitehall meeting and the town asked the railroad engineers for a concession. to reinforce the tunnel to allow real capacity so both adults and children can travel together. in trains that can handle 5000 adults 4000 children per train. and if the private company wanted to make their soft track aswell, they could.

the whitehall meeting came to an agreement and all the railroad engineers agreed and signed.

but later the railroad engineers (fully funded by secondrail) told the whitehall that they signed the agreement as independent metal workers, because that is their soletrader job in the evening, completely different to the contracted job. and as such, as metal workers they could not "compete" against their contractor secondrail. and secondrail would not agree to any such deal

those at the whitehall meeting got mad.. they didnt invite metal workers. they invited only the people who could/should be able to do something, if they wanted to invite people that couldnt do the job, they would have asked their own metal worker in to sign the agreement knowing nothing would get done because the public do not trust independent metal workers.

but there is hope. the main protagonist engineer who said he was just a metal worker is going to risk it. but may end up being vilified in the same way the other 2 who didnt sign secondrails non compete got vilified.
but this wont be part of secondrail and will not have the same public awareness as second rail. so dont expect much action/reaction.

all we can do is wait and see
so far there has been no real evidence of a recent private whitehall meeting of just the townsfolk wanting to rebel by going with the guy that didnt sign the non compete..(this topics OP unsourced PR) so i left the story at the "all we can do is wait and see"


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 10:28:09 PM
If Luke's argument was "you already broke the agreement," you'd have a point. His argument is that there's no agreement to be broken, the signatories did not represent core, so haha. that sort of thing. Tipikal Luke jr. shit.
He's right. The individuals have never represented Core and they aren't able to do so easily anyways. It was clear that they can't promise a merge as this proposal would require evaluation and consensus like any other proposal.
/thread? what are we talking about?
No agreement, miners can do whatever they want, miners are doing whatever they want. Which is telling core devs to fuck off.
Which is cool, because that's how Bitcoin was designed to work: Everyone pursues his own best interests, whatever those may be, and, Math willing, shit should work out for the best.
Baloons.gif.
:)
Quote
Are you telling me you're an expert coder? GitHub link?
I may or may not be. I have claimed neither.
Now tell me I'm a fool to discount your opinion, when you don't even want to *tell* me you're a decent coder.
Imagine going under the knife, and the guy doing the surgery won't even tell you if he's really a surgeon or not?
False analogy my ass :D
You have been toeing the core party line as long as I remember. You're on Teymos' payroll, you deleted threads that mentioned Classic, per this forum's official policy. Unbiased ::)
So because I have a different opinion than you (e.g. I support Core and you support Classic) I'm biased? I most certainly am not on a "payroll" and I most certainly have not deleted such threads (I don't moderate these sections). Another failed attempt at undermining my persona.

1. You most certainly are on the payroll, Teymos pays you for being a mod on this forum.
2. You may claim that you are not biased, just as a prison guard on the warden's payroll or a Communist apparatchik on the Party payroll could: feel free to, but I ain't buying.



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on June 30, 2016, 10:36:30 PM
If Luke's argument was "you already broke the agreement," you'd have a point. His argument is that there's no agreement to be broken, the signatories did not represent core, so haha. that sort of thing. Tipikal Luke jr. shit.
He's right. The individuals have never represented Core and they aren't able to do so easily anyways. It was clear that they can't promise a merge as this proposal would require evaluation and consensus like any other proposal.
/thread? what are we talking about?
No agreement, miners can do whatever they want, miners are doing whatever they want. Which is telling core devs to fuck off.
Which is cool, because that's how Bitcoin was designed to work: Everyone pursues his own best interests, whatever those may be, and, Math willing, shit should work out for the best.
Baloons.gif.
:)
Quote
Are you telling me you're an expert coder? GitHub link?
I may or may not be. I have claimed neither.
Now tell me I'm a fool to discount your opinion, when you don't even want to *tell* me you're a decent coder.
Imagine going under the knife, and the guy doing the surgery won't even tell you if he's really a surgeon or not?
False analogy my ass :D


Correct ! Money talks !

The people should  put questions like : "Who are the "ShitCore" devs? who is paying them?"

Don't tell me they are doing it for free for the Bitcoin benefit  :)  There SO MANY interests in the BTC biz...


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 10:44:21 PM
No agreement, miners can do whatever they want, miners are doing whatever they want. Which is telling core devs to fuck off.
Yes there is an agreement. Those said individuals are to deliver a HF proposal as long as the other party doesn't violate their end. There was no talk about merging code.

Now tell me I'm a fool to discount your opinion, when you don't even want to *tell* me you're a decent coder.
So your own opinion and the opinion of your 'buddies' is also worthless. Good to know.

Imagine going under the knife, and the guy doing the surgery won't even tell you if he's really a surgeon or not?
Stating an opinion != taking action. False analogy.

1. You most certainly are on the payroll, Teymos pays you for being a mod on this forum.
I most certainly am not. This is not a "payroll" and is not relevant to personal views (e.g. HostFat).

2. You may claim that you are not biased, just as a prison guard on the warden's payroll or a Communist apparatchik on the Party payroll could: feel free to, but I ain't buying.
Then you're wasting my time talking nonsense without any evidence. How classic. ::)

For someone/for anybody, if the "dead end" is millions of cash, it's VERY good. who cares what's happening with an e-currency(it does not matter the name; it could be Bitcoin) if I make millions NOW ?
There are people who wouldn't sell their soul for "millions" "now".


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 10:46:17 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.

Look, I don't know how to make it any simpler, but I'll try.
1. There are many right ways to build a railroad from NY to SanFran.
2. If you live in EastDmbfuck, WY, te right way *for you* is if that RR goes through EastDmbfuck, WY. Because then you wouldn't be EastDmbfuck, WY. anymore, you'd be Metropolis WY.
3. Routing RR through Armpit, KS, is not wrong, but it's wrong for EastDmbfuck, WY.
4. All of these routes could be made perfectly safe, that's not what this is abut.
5. Both Armpit, KS & EastDmbfuck, WY will give you a zillion reasons why their way is the best. It's in their enlightened self-interest to lie to you.

Back to Mayor Mccheese: City of Mccheese will shrivel up and die if RR don't go through it. It's banking on it. It bought all the properties that are in the right of way. It's desperate. But that's a tale for a later date.

P.S. Yes, I'm using multiple accounts. It serves MY enlightened self-interest.

It is a nice example, but there are too many issues from my view point.

First, there can not be multiple right ways. Only one way will lead to success and many will lead to extinction.
When railroads were created across the USA, they did not build multiple paths, there was one and it led to success.

Second, it is true that different towns will lie to me and want me to choose them, but then who do I choose?
I could choose the one that seems to favor my security and survive-ability.

I would have to choose the lesser of two potential evils. So which is less evil?
One side declares mass riders and carry shit tons of gold and the other says slow and steady and security.
I don't want to ride a train that will be blow off the rails by bandits and killed, I want security.
I do not believe you can have both within the same train or path.

Three, I understand that the Mayor bought all this land and wants the train to go through theirs,
but if the mayor is correct as to security and other important issues, compared to other Mayors who
don't worry about security and other issues, why is owning all that land a problem?

What land are you referring IRL? (since the only land that exists in Bitcoin is hodling bitcoins).


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 10:55:50 PM
I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

better analogy
public railroad engineers for 7 years had a railroad with a single track that tunnelled through a mountain to get to the town
everyone had to get on a train that only allowed 2500adults and 2000children onboard per train every 10 minutes
but the town wanted to expand
trying to change it so that the trains departed every 2 or 5 minutes was impossible and would break the rail road completely. no one would do that ever..for good reason

so the HARD option is to excavate the tunnel to allow a reinforced track that could cope with larger trains to allow 5000adults and 4000 children per train every 10 minutes
or the Soft option. to make a second track that goes around the mountain.
but to do this the trains needed to change to ensure it didnt damage the track.

the private company called secondrail wanted the soft option because later they could use the soft track to divert to other towns like lightnington or sidechaina
however this soft track only works with the adults getting on the main track and the children have to get on the new soft track. and would only see an overall capacity increase if the adults made a decision to separate from their children.

the private company called secondrail funded some of the public railroad engineers for the design, labour and construction of the soft track, adding a non-compete clause.
a couple public railroad engineers didnt sign and done other things one resigned and one set up his own track company that had plans for the Hard option
the private company called secondrail made some passenger concessions such as "children can have a free ticket" so the adults see a cost reduction. hoping it would please the passengers to agree
the private company called secondrail made some threats that if the soft track was not accepted by the town they would demolish the tunnel. to scare the town into agreeing

...

This is a lot to absorb.
But my question is, when did they threaten to demolish the tunnel?
Wouldn't it be more correct that they said widening the tunnel will cause a collapse and destroy the security of the rail?
So a soft rail needs to be created to protect the first rail from such a failure.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Cuidler on June 30, 2016, 10:58:42 PM
Do you have guarantees that Core Devs will continue to participate after such move?
I'm certain that it is likely that most of them would abandon their 'public' work for Bitcoin. Would you not do the same if you got 'stabbed in the back' after this much time?

I dont think life is fair anyway. What about Satoshi and his vision for Bitcoin to become world number one currency and continuously scaling up to a point only the dataceners could handle the load, not individual home PCs. Who stabbed in the back his vision, do we appreciate he started Bitcoin at all? Should not Bitcoin follow his vision, and some altcoin try a different, artifically limited bloksizes perfectly suitable for home PCs bought around year 2005, now and forever.

I dont follow the idea Bitcoin should end up on dataceners only, but I dont follow the idea we should allow minimum system requirements to be allowed to run full nodes for 10+ year old computers eighter, this is ridiculous and not helpfull at all to keep current artifically low limit. Who get most out of this low limit at all? Why we want 10+ year old computers to be compatible full nodes when its contra productive - we may get few more full nodes in rural areas, but at a cost of million users not able to use Bitcoin because of limited blocksize - prety bad trade off, out of the million new users you get more new full nodes who have decent computer. If someone cannot afford 2 year old computer and normal 5Mbps connection, why should he have right to run Bitcoin full node - and why someone needs to run the full node on 10+ year old computer is out of my mind.

It would be ridicilous if gaming industry followed current Core devs vision to make the games compatible with 10+ year old computers. Maybe good for few ones, but most people would not be happy.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 11:08:37 PM
Do you have guarantees that Core Devs will continue to participate after such move?
I'm certain that it is likely that most of them would abandon their 'public' work for Bitcoin. Would you not do the same if you got 'stabbed in the back' after this much time?

I dont think life is fair anyway. What about Satoshi and his vision for Bitcoin to become world number one currency and continuously scaling up to a point only the dataceners could handle the load, not individual home PCs. Who stabbed in the back his vision, do we appreciate he started Bitcoin at all? Should not Bitcoin follow his vision, and some altcoin try a different, artifically limited bloksizes perfectly suitable for home PCs bought around year 2005, now and forever.

...

It would be ridicious if gaming industry followed current core devs vision to make the games compatible with 10+ year old computers. Maybe good for few ones, but most would not be happy.

Satoshi didn't create Bitcoin to "become world number one currency". That doesn't exist in any of his writings.

As to node size/datacenter, Satoshi actually said that we should attempt to keep the system small as long a possible
and since that is still currently doable, we are still in accordance with Satoshi's original wishes.
He did state that one day we would need datacenters, but it does not need to be now.
That is the issue. People want it pushed into datacenters now, when Satoshi said hold out as long as possible.

Bitcoin was not created by Satoshi as a profit making corporation like the gaming industry.
It is not right to compare the node situation to such.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 11:11:33 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.

Look, I don't know how to make it any simpler, but I'll try.
1. There are many right ways to build a railroad from NY to SanFran.
2. If you live in EastDmbfuck, WY, te right way *for you* is if that RR goes through EastDmbfuck, WY. Because then you wouldn't be EastDmbfuck, WY. anymore, you'd be Metropolis WY.
3. Routing RR through Armpit, KS, is not wrong, but it's wrong for EastDmbfuck, WY.
4. All of these routes could be made perfectly safe, that's not what this is abut.
5. Both Armpit, KS & EastDmbfuck, WY will give you a zillion reasons why their way is the best. It's in their enlightened self-interest to lie to you.

Back to Mayor Mccheese: City of Mccheese will shrivel up and die if RR don't go through it. It's banking on it. It bought all the properties that are in the right of way. It's desperate. But that's a tale for a later date.

P.S. Yes, I'm using multiple accounts. It serves MY enlightened self-interest.

It is a nice example, but there are too many issues from my view point.

First, there can not be multiple right ways. Only one way will lead to success and many will lead to extinction.
When railroads were created across the USA, they did not build multiple paths, there was one and it led to success.

Second, it is true that different towns will lie to me and want me to choose them, but then who do I choose?
I could choose the one that seems to favor my security and survive-ability.

I would have to choose the lesser of two potential evils. So which is less evil?
One side declares mass riders and carry shit tons of gold and the other says slow and steady and security.
I don't want to ride a train that will be blow off the rails by bandits and killed, I want security.
I do not believe you can have both within the same train or path.

Three, I understand that the Mayor bought all this land and wants the train to go through theirs,
but if the mayor is correct as to security and other important issues, compared to other Mayors who
don't worry about security and other issues, why is owning all that land a problem?

What land are you referring IRL? (since the only land that exists in Bitcoin is hodling bitcoins).


You are still missing the point. There is no one railroad that lead to "success." The towns that got passed by died, railroad towns bloomed.

Most miners are mercenary. They don't give a rat's ass about Bitcoin's "success" if, in the process of succeeding, it impoverishes them.
They want to make money, which is well and good. But miners making money is not synonymous with Bitcoin being successful. The would like Bitcoin to succeed only as long as it makes them money.

The rest of your arguments -- you not wanting to ride unsafe trains, etc., are neither here nor there. If the miners make more money when BTC crashes and burns (hypothetical, but I can offer actual scenarios), that's what they will choose. It may not be a good thing for you as a BTC hodler, but that's how the cookie crumbles.

Again, miners are not in it to help us build a Bitcoin utopia -- they're businessmen, doing it to make money. They are free to (and will) do what they feel maximizes their profits. They might make mistakes, but they are a big, moneyed motherfucking thing. Huge money!
They got creditors watching over them and expensive advisors on their staff, so don't go Dunning-Krugering by thinking you know what's best for them.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 11:14:08 PM
This is a lot to absorb.
But my question is, when did they threaten to demolish the tunnel?
SHA3 (keccak)
Luke JR (the protagonist) wanted to drop the hashrate
other stuff luke suggesting moving over to sha 3 to render ASICs(mining) useless

Wouldn't it be more correct that they said widening the tunnel will cause a collapse and destroy the security of the rail?
So a soft rail needs to be created to protect the first rail from such a failure.

analogy is more like instead of the whole public rail engineers (ALL engineers paid or not) work together.. but secondrail just want a second track by using multiple threats and to leave the town with just independent metal workers to reinforce the tunnel.. basically scaring people to say it will collapse without "the big team"
basically blackmail


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 11:22:29 PM
Are you telling me you're an expert coder? GitHub link?
I may or may not be. I have claimed neither.

for clarity of laudas dev skills and ability(lack) of reading bitcoin code
Whoever I've asked previously (as I don't do C++ myself) said that the complexity is overblown by a 'certain group'.
17th Jan 2016   20:24    Lauda    Bitcoin does not use Java right? (http://bitcoinstats.com/irc/bitcoin-dev/logs/2016/01/17#l1453062298.0)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: albert11 on June 30, 2016, 11:24:03 PM
First proposal was 20MB, core didn't like it, then got down to 8MB, core still didn't like it, then went to 2MB and core still don't want it. People have been extremely patient but when things only go one side with censorship on top at some point people can't take it anymore.

So now what was inevitable happened, so we will see if core is ready to make the whole thing implode instead of making a compromise which is more than reasonable( not to mention that the block size will have to be increased at some point anyway when blocks are full of LN multi sig transac so this issue is not even a matter of if but when, so lets see if core will risk the whole thing collapse just because they their ego is too big to take rational economic decision.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AgentofCoin on June 30, 2016, 11:26:55 PM
You have proven to be a dumbshit, as well it seems.

I'm arguing not to tell someone how to do their job.
Chinese Miner's are telling the Core Devs that they don't know what they are doing.

Well that's where the problem is, a misunderstanding.
No, the miners aren't telling the devs "that they don't know what they are doing." What they're telling them is they're not doing what they *promised to do*.
The interests of the miners are not the same as the interests of Core devs, see?

I'll give you an analogy, show you what I mean:
Let's say Core devs are building a railroad, and drawing pay from Mayor Mccheese.
The railroad can go through the plains, which will take it right through Hamburglar's Town, or it can go over the mountains, which would take it right through The city of Mccheese.

Now, many would argue that it makes more sense to build the railroad on the plains, because no need to blast. And many will tell you just the opposite, that the mountain route is better, because shorter.
Both are not wrong. But guess which way the railroad's gonna go tho?
See where this is going?


What if in your analogy there are bandits and blockades in the plains.
These bandits have the ability to stop the train, kill all the riders and destroy the train.
Do you still go through the plains knowing that?

I'm only telling you that the train is more likely to go through the mountains if Mccheese is paying the surveyors.
I'm probably not making myself clear, so here's what I'm really trying to say:
You think that there is a right way and a wrong way to build a railroad.
I'm telling you that there are *many* right ways to do it, and different people would profit depending on *which* right way is picked.
So it's not a question of "who is smarter, Core devs or miners, Mayor Mccheese or Hamburglar. It's a question of who would profit most from what route.

As I'm sure you are aware, you have been answering me under different usernames,
so either you are using multiple accounts or you guys keep answering and talking for each other (unlikely).
Either way, I do not really care since that is not important to the larger issue here. I'm just pointing that out.

I understand what you are saying in your analogy.
I think there is a right and wrong way, since the only right way is the way that protects the network from possible attacks.

Look, I don't know how to make it any simpler, but I'll try.
1. There are many right ways to build a railroad from NY to SanFran.
2. If you live in EastDmbfuck, WY, te right way *for you* is if that RR goes through EastDmbfuck, WY. Because then you wouldn't be EastDmbfuck, WY. anymore, you'd be Metropolis WY.
3. Routing RR through Armpit, KS, is not wrong, but it's wrong for EastDmbfuck, WY.
4. All of these routes could be made perfectly safe, that's not what this is abut.
5. Both Armpit, KS & EastDmbfuck, WY will give you a zillion reasons why their way is the best. It's in their enlightened self-interest to lie to you.

Back to Mayor Mccheese: City of Mccheese will shrivel up and die if RR don't go through it. It's banking on it. It bought all the properties that are in the right of way. It's desperate. But that's a tale for a later date.

P.S. Yes, I'm using multiple accounts. It serves MY enlightened self-interest.

It is a nice example, but there are too many issues from my view point.

First, there can not be multiple right ways. Only one way will lead to success and many will lead to extinction.
When railroads were created across the USA, they did not build multiple paths, there was one and it led to success.

Second, it is true that different towns will lie to me and want me to choose them, but then who do I choose?
I could choose the one that seems to favor my security and survive-ability.

I would have to choose the lesser of two potential evils. So which is less evil?
One side declares mass riders and carry shit tons of gold and the other says slow and steady and security.
I don't want to ride a train that will be blow off the rails by bandits and killed, I want security.
I do not believe you can have both within the same train or path.

Three, I understand that the Mayor bought all this land and wants the train to go through theirs,
but if the mayor is correct as to security and other important issues, compared to other Mayors who
don't worry about security and other issues, why is owning all that land a problem?

What land are you referring IRL? (since the only land that exists in Bitcoin is hodling bitcoins).


You are still missing the point. There is no one railroad that lead to "success." The towns that got passed by died, railroad towns bloomed.

Most miners are mercenary. They don't give a rat's ass about Bitcoin's "success" if, in the process of succeeding, it impoverishes them.
They want to make money, which is well and good. But miners making money is not synonymous with Bitcoin being successful. The would like Bitcoin to succeed only as long as it makes them money.

The rest of your arguments -- you not wanting to ride unsafe trains, etc., are neither here nor there. If the miners make more money when BTC crashes and burns (hypothetical, but I can offer actual scenarios), that's what they will choose. It may not be a good thing for you as a BTC hodler, but that's how the cookie crumbles.

Again, miners are not in it to help us build a Bitcoin utopia -- they're businessmen, doing it to make money. They are free to (and will) do what they feel maximizes their profits. They might make mistakes, but they are a big, moneyed motherfucking thing. Huge money!
They got creditors watching over them and expensive advisors on their staff, so don't go Dunning-Krugering by thinking you know what's best for them.

Ok, well we disagree.

If Miner's do not care about future use, but only the now, then they wouldn't investment more money into hashing.
That increase in hash is a vote of confidence of the future.

If Miner's only believe in the now, they better jump ship now before they default and go bankrupt.
Bitcoin is not a ponzi, where it disappears overnight, but it seems the Miner's think so, in your opinion.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 11:29:53 PM
No agreement, miners can do whatever they want, miners are doing whatever they want. Which is telling core devs to fuck off.
Yes there is an agreement. Those said individuals are to deliver a HF proposal as long as the other party doesn't violate their end. There was no talk about merging code.
Oh please. Tell me the miners believed they were signing an agreement with "individuals," tell me the press, this forum, r/bitcoin etc., celebrated the miners signing an agreement with "individuals." Show me how good you are at lying when it serves you.
 
Quote
Now tell me I'm a fool to discount your opinion, when you don't even want to *tell* me you're a decent coder.
So your own opinion and the opinion of your 'buddies' is also worthless. Good to know.
If I made a statement along the lines of
Classic Core developers are like high school programmers in comparison to the people working on Core Classic.
...and I had exactly zero clout as a coder?
And then I refused to even tell you if I could even code?!

Yeah, my opinion wouldn't be worth dick. If I did that, anyone with a shred of sanity and/or common sense would be absolutely obligated to point fingers and laugh at me.
But not you, oooh no... You'd just take my word for it, right?
You want to buy a nice bridge in NYC, Lauda?



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Cuidler on June 30, 2016, 11:32:39 PM
People want it pushed into datacenters now, when Satoshi said hold out as long as possible.

No way. What blocksizes you need to move full nodes to datacenters, any study on this matter ?

Around 5 MB is safe for home PCs by 2 studies I read in the past, and found nothing wrong about the arguments (no links, toomin and cornwell univ study if I remember the names right).

What I hear is just politic about the matter from core supporters, zero data provided. We can hold out full node compatibility on decent home PCs and slightly increase blocksize today, no need to make full node compatible with 10+ year old computers and keep 1 MB blocksizes anymore. Thats my opinion and I hashing at slush pool with increasing blocksize option. I doing what I believe is safe and best for Bitcoin.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on June 30, 2016, 11:34:29 PM
I may be naive, but isn't this sort of reckless all for an extra 1MB?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: steeev on June 30, 2016, 11:37:01 PM
arf!

what a load of artificially argumentative chuff on this thread...

in the name of the deranged comedy of 'classic'


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on June 30, 2016, 11:39:50 PM
I may be naive, but isn't this sort of reckless all for an extra 1MB?

you do know segwit is opting for 4mb bloat right..(1mb txdata 3mb witness area)
yet they claim 2mb is bad..

think about that.. its called hypocrisy, its just a shame the blockstream fanboys dont actually read code to know how much bloat segwit will be, and how little capacity increase it offers in return for that bloat
https://github.com/bitcoin/bitcoin/commit/395521854efd5804433d57aaf69f46676e4b6efc
Code:
+/** The maximum allowed size for a serialized block, in bytes (only for buffer size limits) */
+static const unsigned int MAX_BLOCK_SERIALIZED_SIZE = 4000000;
+/** The maximum allowed cost for a block, see BIP 141 (network rule) */
+static const unsigned int MAX_BLOCK_COST = 4000000;
+/** The maximum allowed size for a block excluding witness data, in bytes (network rule) */
+static const unsigned int MAX_BLOCK_BASE_SIZE = 1000000;

4000000bytes=4mb
serialised = total combined data
1000000byte base size = old blocksize limit now renamed and utilised for the non-witness data

so if you want a hard fork.. like many of us do to allow more Traditional transactions through, we need to convince core to increase their new buzzword
MAX_BLOCK_BASE_SIZE to 2000000

which classic, BU and other non core implementations who are sticking to the maxblocklimit word can increase their number to 2000000 aswell and everyone can play happily together with no contention


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on June 30, 2016, 11:44:01 PM
[]

Ok, well we disagree.

If Miner's do not care about future use, but only the now, then they wouldn't investment more money into hashing.
That increase in hash is a vote of confidence of the future.
No, increase in hash rate is a vote in your future. Many miners will go belly-up. Which? Will it be the ones mining with obsolete junk on the brink of profitability, or the ones who have the latest-greats-most-efficient gear?
Who could mine at a loss longer? It makes sense if it will bankrupt your competition. Who can afford to dump coins on the market and drive down prices?
You don't allow for the mindnumbing complexity of how this thing works.

Quote
If Miner's only believe in the now, they better jump ship now before they default and go bankrupt.

Trust me, they're probably running fairly powerful market models, there are people who do this shit for a living. Not some bro doing back-of-the-Chinese-delivery-menu calculations. Whatever maximizes profit :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on June 30, 2016, 11:52:29 PM
I dont think life is fair anyway. What about Satoshi and his vision for Bitcoin to become world number one currency and continuously scaling up to a point only the dataceners could handle the load, not individual home PCs. Who stabbed in the back his vision, do we appreciate he started Bitcoin at all? Should not Bitcoin follow his vision, and some altcoin try a different, artifically limited bloksizes perfectly suitable for home PCs bought around year 2005, now and forever.
That's not really a fair comparison is it? Satoshi abandoned the project, the Core developers are here. He may not have been aware of the potential control within the current system in addition to the mass surveillance. I think that having a datacenter-only system would be very risky.

If someone cannot afford 2 year old computer and normal 5Mbps connection, why should he have right to run Bitcoin full node - and why someone needs to run the full node on 10+ year old computer is out of my mind.
So you're telling me that if I don't upgrade my hardware every 2 years that I should have no right to run a full wallet? In other words you're telling me that I have to lose my 'sovereignty' as in be unable to validate the blocks and transactions? I think that anyone should be able to participate with decent hardware (not necessarily cheap, but not that expensive either).

First proposal was 20MB, core didn't like it, then got down to 8MB, core still didn't like it, then went to 2MB and core still don't want it. People have been extremely patient but when things only go one side with censorship on top at some point people can't take it anymore.
What if I told you that 20 MB blocks, 8 MB blocks and 2 MB blocks can break Bitcoin due to O(n^2) validation time? Is that censorship?  ::)

Oh please. Tell me the miners believed they were signing an agreement with "individuals," tell me the press, this forum, r/bitcoin etc., celebrated the miners signing an agreement with "individuals." Show me how good you are at lying when it serves you.
Don't blame me if you're too dumb to comprehend something properly. ::)
 
-snip-
Yeah, my opinion wouldn't be worth dick. If I did that, anyone with a shred of sanity and/or common sense would be absolutely obligated to point fingers and laugh at me.
I would not be the first person to state this. You'd know this if you weren't spending time trying to disrupt the system.

I may be naive, but isn't this sort of reckless all for an extra 1MB?
You're actually right.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: albert11 on July 01, 2016, 12:05:36 AM

First proposal was 20MB, core didn't like it, then got down to 8MB, core still didn't like it, then went to 2MB and core still don't want it. People have been extremely patient but when things only go one side with censorship on top at some point people can't take it anymore.
What if I told you that 20 MB blocks, 8 MB blocks and 2 MB blocks can break Bitcoin due to O(n^2) validation time? Is that censorship?  ::)



If 2MB could break bitcoin, the biggest miners  would have never supported it. Basic common sense. Don't lie when you run out of argument please


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on July 01, 2016, 12:05:44 AM
Quote
Now tell me I'm a fool to discount your opinion, when you don't even want to *tell* me you're a decent coder.
So your own opinion and the opinion of your 'buddies' is also worthless. Good to know.
If I made a statement along the lines of
Classic Core developers are like high school programmers in comparison to the people working on Core Classic.
...and I had exactly zero clout as a coder?
And then I refused to even tell you if I could even code?!

Yeah, my opinion wouldn't be worth dick. If I did that, anyone with a shred of sanity and/or common sense would be absolutely obligated to point fingers and laugh at me.
I would not be the first person to state this. You'd know this if you weren't spending time trying to disrupt the system.
In that case, your opinion is not really your opinion, you're just parroting shit that others said, without attributing or having the capacity to verify its veracity?
This just keeps getting better :D

Quote
Oh please. Tell me the miners believed they were signing an agreement with "individuals," tell me the press, this forum, r/bitcoin etc., celebrated the miners signing an agreement with "individuals." Show me how good you are at lying when it serves you.
Don't blame me if you're too dumb to comprehend something properly. ::)

Lauda, I was the first one to say that the agreement was nothing but feel-good fluff.
Was ridiculed for that.
What you said about being "too dumb to comprehend something properly" tho? Should probably redirect it at the whole fucking Bitcoin community.
Won't be wrong, either.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on July 01, 2016, 12:09:18 AM
some people cannot simply accept that the miners like other individuals or companies are after pure profit and they don't care if BTC burn or not. this is a business and nothing more.

Of course, the miners are investing because they earn tons of money DAILY. they invest in hardware because a better hardware = more money/cash(not shit on walls) DAILY.

Is BTC going down/no more profit? OK! They earned ALOT and they will find other businesses where to "invest" :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on July 01, 2016, 12:16:20 AM
some people cannot simply accept that the miners like other individuals or companies are after pure profit and they don't care if BTC burn or not. this is a business and nothing more.

Of course, the miners are investing because they earn tons of money DAILY. they invest in hardware because a better hardware = more money/cash(not shit on walls) DAILY.

Is BTC going down/no more profit? OK! They earned ALOT and they will find other businesses where to "invest" :)

That's what some people here seem to miss -- yeah, miners have invested oodles of money, but that investment is amortized in months, not even years!
It's not like the gear won't be worthless in a few months anyway, how can people miss this? Bah!


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Cuidler on July 01, 2016, 12:20:36 AM
If someone cannot afford 2 year old computer and normal 5Mbps connection, why should he have right to run Bitcoin full node - and why someone needs to run the full node on 10+ year old computer is out of my mind.
So you're telling me that if I don't upgrade my hardware every 2 years that I should have no right to run a full wallet? In other words you're telling me that I have to lose my 'sovereignty' as in be unable to validate the blocks and transactions? I think that anyone should be able to participate with decent hardware (not necessarily cheap, but not that expensive either).

2 years old hardware is very cheap one to my standard, thats why I put this example, but if your unable to upgrade once in a while then you should not expect your today computer is going to be able catch up with Bitcoin blockchain in the future, thats pretty reasonable - you should not expect to play future games on your today computer eighter. You will be able to inport private keys to any SVP client anyway if you cannot afford to upgrade your home computer anymore, and continue to play only older and older games as time goes if your gamer.


First proposal was 20MB, core didn't like it, then got down to 8MB, core still didn't like it, then went to 2MB and core still don't want it. People have been extremely patient but when things only go one side with censorship on top at some point people can't take it anymore.
What if I told you that 20 MB blocks, 8 MB blocks and 2 MB blocks can break Bitcoin due to O(n^2) validation time? Is that censorship?  ::)

You know Gavin used limitations to resolve the O(n^2) validation time problem. Namely limiting maximum signature operations to 1.2 GB per block. As a benefit it would not be possible to O(n^2) attack even current 1 MB blocksize anymore with up to 10 minutes CPU validation in some cases - even segwit dont solve this possible O(n^2) attack on 1 MB blocksize. So the breaking of Bitcoin due to O(n^2) is not censorship, but FUD because your avare of this Gavin solution to my knowledge.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 12:41:05 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on July 01, 2016, 12:51:01 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

https://67.media.tumblr.com/e3d1eb33aacf543e6fd0b7385a63be7e/tumblr_inline_o7grogYpRR1shfepe_540.jpg

jk. Why would you need to seek recourse? Got your heart set on Sturm und Drang Lightning network?
But yeah, as a hodler, you could... I don't know. You could run a full node... ...nah, that wouldn't make any difference. I know, you could probably fly to Shanghai Hong Kong and lie like a rug.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 12:53:08 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

https://67.media.tumblr.com/e3d1eb33aacf543e6fd0b7385a63be7e/tumblr_inline_o7grogYpRR1shfepe_540.jpg

jk. Why would you need to seek recourse? Got your heart set on Sturm und Drang Lightning network?

You once told me there's simply no elegant way to scale Bitcoin. You probably don't remember that, but it stuck.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BitcoinNewsMagazine on July 01, 2016, 01:09:17 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

This is all just FUD unless and until we see numbers of Classic nodes (https://coin.dance/nodes) increasing dramatically. If that happens and a fork really does occur, you swallow your pride and join the winning fork no need to dump. Trezor already discussed contingency plans (https://medium.com/@satoshilabs/can-you-lose-bitcoins-if-it-comes-to-a-hard-fork-c477b55424b7#.2qc1x6lns) for their customers.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on July 01, 2016, 01:10:39 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

you will find where the sheep are going. to "coreshit" or to miners shit :)   there will be NO difference


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 01:13:01 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

you will where the sheep are going. to "coreshit" or to miners shit :)   there will be NO difference

The difference would be the contentious hard frok stuck in the middle.

But yeah, as a hodler, you could... I don't know. You could run a full node... ...nah, that wouldn't make any difference. I know, you could probably fly to Shanghai Hong Kong and lie like a rug.

Does one full node amount to even a hill of beans in this crazy world?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: johnyj on July 01, 2016, 01:16:33 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

Please dump your coins and I will pick them up


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on July 01, 2016, 01:29:23 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

you will where the sheep are going. to "coreshit" or to miners shit :)   there will be NO difference

The difference would be the contentious hard frok stuck in the middle.

You're not seriously worried about this, are you? How many times have you actually used BTC, if you exclude
-trading (this happens offchain)
-DNMs
-Novelty value
-show hapless friends/strangers insufficiently fleet of foot that our moon money really really works!
???


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 01:32:58 AM
Not seriously worried. Just curious. :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on July 01, 2016, 01:46:50 AM
Not seriously worried. Just curious. :)

There is nothing you could do. Nothing.
But it's also not a pressing problem. Much like sending small sums of money, cheaply and quickly, to unbaked Bolivian pygmies has never really been a problem for me. Not until I learned how good bitcoin is at solving it.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 01:58:19 AM
Not seriously worried. Just curious. :)

There is nothing you could do. Nothing.
But it's also not a pressing problem. Much like sending small sums of money, cheaply and quickly, to unbaked Bolivian pygmies has never really been a problem for me. Not until I learned how good bitcoin is at solving it.

Drugs, capital flight, remittances to/from/between the pygmies.

These are all pressing concerns. This is an important project.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: dwdoc on July 01, 2016, 02:11:29 AM
It's morning in China. Maybe we'll get a confirmation or denial.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: PorkUsher on July 01, 2016, 02:12:19 AM
Not seriously worried. Just curious. :)

There is nothing you could do. Nothing.
But it's also not a pressing problem. Much like sending small sums of money, cheaply and quickly, to unbaked Bolivian pygmies has never really been a problem for me. Not until I learned how good bitcoin is at solving it.

Drugs, capital flight, remittances to/from/between the pygmies.

These are all pressing concerns. This is an important project.

Drugs is a good one.
Remittance is junk, because familia want folding money, not bits. Most pygmies not next to $tarbux, no free WiFi.
Remittance costs on the ground, not in the wire.
Pygmies a non-starter for Bitcoin, because just too expensive :( https://np.reddit.com/r/Bitcoin/comments/4qjqcd/costs_me_4_premium_to_pay_with_bitcoin_rather/

But seriously, including DNMs but excluding the other stuff I mentioned (also, don't include online gambling, if you're into that), how many times have you used BTC in, what, you were here for 3-4 years?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 02:34:38 AM
While i am still catching up with the thread, the opportunity for lulz was just too strong. Sue me.

I would value an opinion of a surgeon much higher than that of a garbage collector, if the topic is surgery. Vice-versa if the topic is collecting garbage.
Fine, Core has surgeons and Classic has garbage collectors. I get it.

Interestingly, garbage collection is one of the more intricate problems in many computing systems.

XD


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: smoothie on July 01, 2016, 02:43:55 AM
Has this claim been confirmed?

So much back and forth I refuse to get into the tit-for-tat discussions between big blockers and small blockies.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 02:50:48 AM
Not seriously worried. Just curious. :)

There is nothing you could do. Nothing.
But it's also not a pressing problem. Much like sending small sums of money, cheaply and quickly, to unbaked Bolivian pygmies has never really been a problem for me. Not until I learned how good bitcoin is at solving it.

Drugs, capital flight, remittances to/from/between the pygmies.

These are all pressing concerns. This is an important project.

Drugs is a good one.
Remittance is junk, because familia want folding money, not bits. Most pygmies not next to $tarbux, no free WiFi.
Remittance costs on the ground, not in the wire.
Pygmies a non-starter for Bitcoin, because just too expensive :( https://np.reddit.com/r/Bitcoin/comments/4qjqcd/costs_me_4_premium_to_pay_with_bitcoin_rather/

But seriously, including DNMs but excluding the other stuff I mentioned (also, don't include online gambling, if you're into that), how many times have you used BTC in, what, you were here for 3-4 years?


The last honest transaction I made was to Wikileaks. That was before they started to accept credit cards again. :-[ You?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 02:58:36 AM
If someone cannot afford 2 year old computer and normal 5Mbps connection, why should he have right to run Bitcoin full node - and why someone needs to run the full node on 10+ year old computer is out of my mind.
So you're telling me that if I don't upgrade my hardware every 2 years that I should have no right to run a full wallet?

No - it is not that you don't have a _right_ to, it is that it is perfectly reasonable that someone that does not upgrade HW every so often does not have the _ability_ to run a full node.

Incidentally, the price I paid for the machine that runs several full nodes at the same time cost less than $400. Several years ago.

IOW qwitcherbitchen.

Quote
First proposal was 20MB, core didn't like it, then got down to 8MB, core still didn't like it, then went to 2MB and core still don't want it. People have been extremely patient but when things only go one side with censorship on top at some point people can't take it anymore.
What if I told you that 20 MB blocks, 8 MB blocks and 2 MB blocks can break Bitcoin due to O(n^2) validation time? Is that censorship?  ::)

Oh stop it. We've been over this. Repeatedly.

First, current integrated Core release does not fix O(n^2) either.
Second, while Classic (as but one example - indeed the one explicitly named in this apparent miner manifesto) does not resolve the O(n^2) problem, it does render it a non-issue.
Third, aberrant blocks would not 'break Bitcoin', as any sane validator would stop validating a block that took more time than the mining interval to hash.

edit: added 'while'


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 03:02:21 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

You could fork to a different Proof-Of-Whatever. That'd be other than dumping.

I'd cast my lot with the mass of hashpower that dwarfs every other application of computing power ever put to single task by all of humanity.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on July 01, 2016, 03:05:14 AM
Interestingly, garbage collection is one of the more intricate problems in many computing systems.
XD

I remember something about zombies, orphans, children, orphan zombie children... I had to kill, but couldn't kill zombies...
*nix is creepy and depressing :(

@BlindMayorBitcorn: About 15 times. In my life :( (excluding stuff that I mentioned).


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: groll on July 01, 2016, 03:09:12 AM
Cross post from /r/bitcoin.

According to the Chinese translation, summary:

Core defaulted on HK consensus and doesn't honor 2M increase.

Chinese miners to unite to implement Classic which supports 2M increase and SegWit.

Urge all miners to unite to support the Terminator Plan - ( i think it implies to terminate Core's 0.13.1 which doesn't honor HK consensus).

This is truly a war by miners against CORE.


https://www.reddit.com/r/btc/comments/4qk7et/wow_chinese_miners_revolt_and_announce_terminator/?

It looks like the Chinese mining cartel are now trying pull the strings. 

Chinese miners are the vast majority of bitcoin producers in the world. If they boycott and will stop mining it will be chaos to bigtime investors. But this may bring good news to average users like me. This will imply and increase on monetary value and many of us will rejoice. Hope they will start to wage rally and start the boycott to create a sudden increase on  bitcoins price. But hope they will stop soon so we can purchase more bitcoins.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: iCEBREAKER on July 01, 2016, 03:24:07 AM
I hope that it is real, but I'll wait for more evidence.

https://twitter.com/JihanWu/with_replies

Hope in one hand, shit in the other.  See which one fills up first.

Enjoy your hopeless situation, HopeFat!   :D


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: MeteoImpact on July 01, 2016, 03:28:50 AM
Well, this is bizarre. Assuming this is true--which is a lot to assume--this would seem to indicate that the miners don't understand the way their power works. Say they switch off to mining Classic_ and trigger the activation; give it a month or whatever, and they start popping out their 2MB blocks, which are then rejected by all non-Classic_ nodes on the network. Unless they convince the rest of the system to switch to an implementation compatible with their consensus rule change, no one else will accept their blocks as valid; all they'll have accomplished is that they've forked themselves onto an altcoin.

Not sure why mining pools would even really care all that much about 2MB... What do they think it would do for them? Make their operating costs a bit higher? If they're hoping to see increased adoption cause a price boost, capacity (especially in small amounts) seems like the wrong approach--it's not like 2MB blocks make Bitcoin easier to use, increase its privacy, increase merchant acceptance, or make it possible to buy milk at the grocery store without waiting 10 minutes for a confirmation :-\

But hopefully this is just some bullshit scare and doesn't have any credibility. I'd like to hope that miners are smart enough to not bite the hand that feeds them in an absurd attempt to completely sink themselves.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 03:33:51 AM
In the hypothetical event this wasn't just a Twatter rumour started by Jihan Wu and 75% of the hash actually up and went to Classic, what recourse would the rest of us have? Aside from just dumping I mean.

You could fork to a different Proof-Of-Whatever. That'd be other than dumping.

I seem to remember Luke Jr. made a comment a while back about Proof-Of-Whatever algo change just in case of situations...
I wonder about this sort of thing. (I can't explain why.)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: iCEBREAKER on July 01, 2016, 03:43:53 AM
Gavin used limitations to resolve the O(n^2) validation time problem. Namely limiting maximum signature operations to 1.2 GB per block. As a benefit it would not be possible to O(n^2) attack even current 1 MB blocksize anymore with up to 10 minutes CPU validation in some cases - even segwit dont solve this possible O(n^2) attack on 1 MB blocksize. So the breaking of Bitcoin due to O(n^2) is not censorship, but FUD because your avare of this Gavin solution to my knowledge.

Gavin's sigop limitations didn't "resolve the O(n^2) validation time problem" they merely avoid it via a particularly ugly, non-future-proof kludge.

Segwit solves the "2+ minute troll block validation" problem by enabling Schnorr (and resultant tree) signatures.

*takes off pedant hat*


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BitcoinNewsMagazine on July 01, 2016, 03:50:34 AM
Well, this is bizarre. Assuming this is true--which is a lot to assume--this would seem to indicate that the miners don't understand the way their power works. Say they switch off to mining Classic_ and trigger the activation; give it a month or whatever, and they start popping out their 2MB blocks, which are then rejected by all non-Classic_ nodes on the network. Unless they convince the rest of the system to switch to an implementation compatible with their consensus rule change, no one else will accept their blocks as valid; all they'll have accomplished is that they've forked themselves onto an altcoin.

Not sure why mining pools would even really care all that much about 2MB... What do they think it would do for them? Make their operating costs a bit higher? If they're hoping to see increased adoption cause a price boost, capacity (especially in small amounts) seems like the wrong approach--it's not like 2MB blocks make Bitcoin easier to use, increase its privacy, increase merchant acceptance, or make it possible to buy milk at the grocery store without waiting 10 minutes for a confirmation :-\

But hopefully this is just some bullshit scare and doesn't have any credibility. I'd like to hope that miners are smart enough to not bite the hand that feeds them in an absurd attempt to completely sink themselves.

Considering the 1 MB blocks are often full most reasonable folks see the need for a bump to 2 MB and pretty soon. The Chinese miners understand quite well the power they possess, are tired of waiting for larger blocks and seem pissed off. Classic activates 28 days after 750 of the last 1,000 blocks are found by miners running Classic instead of Core. At that point you would have a minority of miners still running Core. We might have two chains existing at the same time for a short period of time but everyone would move to the winning chain. The minority still mining Core would switch or die. It does appear that SegWit would have to be merged into Classic for it to be acceptable to the Chinese coalition. The point is it appears the Chinese may have the power to force a change from Core to Classic. They have been loyal to Core but can only wait so long.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 04:15:09 AM
Segwit solves the "2+ minute troll block validation" problem by enabling Schnorr (and resultant tree) signatures.

*takes off pedant hat*

Good. Now there's room for a different hat on your head.

SegWit doesn't solve the "2+ minute troll block validation" problem through Schnorr sigs either. Some future feature that is post- SegWit may. Or may not.

^
:P

Pedant, my ass.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: iCEBREAKER on July 01, 2016, 04:19:43 AM
Segwit solves the "2+ minute troll block validation" problem by enabling Schnorr (and resultant tree) signatures.

*takes off pedant hat*

Good. Now there's room for a different hat on your head.

SegWit doesn't solve the "2+ minute troll block validation" problem through Schnorr sigs either. Some future feature that is post- SegWit may. Or may not.

^
:P

Pedant, my ass.

SegWit is necessary, but not sufficient, for the log scaling validation time sigops enabled by Schnorr.

May we agree I look really good in this pedant hat?   :P


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 04:27:24 AM
Segwit solves the "2+ minute troll block validation" problem by enabling Schnorr (and resultant tree) signatures.

*takes off pedant hat*

Good. Now there's room for a different hat on your head.

SegWit doesn't solve the "2+ minute troll block validation" problem through Schnorr sigs either. Some future feature that is post- SegWit may. Or may not.

^
:P

Pedant, my ass.

SegWit is necessary, but not sufficient, for the log scaling validation time sigops enabled by Schnorr.

May we agree I look really good in this pedant hat?   :P

Better than the comical ... the conical ... that other one you were wearing for a half hour.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on July 01, 2016, 04:33:37 AM
...
May we agree I look really good in this pedant hat?   :P

Yes, we can, as I’m sure Democritus could attest.  :D

An aside: I keep nervously hitting refresh on https://twitter.com/Excellion, it's showing nothing new... same for anyone else?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 01, 2016, 05:39:08 AM
The proposal was made by a random person and has no weight (at the moment).
Just because that person does not currently have any influence does not mean that his idea is not good. If the landlord (OP) of the 8btc thread (or someone else) can make strong enough points then others will support the bifurcation (Hard Fork). It seems that Jihan Wu (Bitmain) somewhat supports (https://twitter.com/JihanWu/status/748546445658071040) the proposal as does one of the admins of 8btc.

Unfortunately, it looks like that BTCC and HaoBTC might not support the bifurcation proposial, and either of these pools would be able to effectively veto the proposal. That is not to say however that they both will not jump onboard once, even one of the major chinese pools officially start mining classic blocks.


This is way too risky for a change that only ups the throughput from ~3 TPS to 6 TPS.
The demand for throughput necessary currently is not sufficient for more then 6 TPS today. In what I believe will be a very short amount of time, when the cost of transmitting 32MB worth of data in under a second (a 4MB block to each of 8 peers) and storing 4MB worth of additional data is sufficiently cheap then a bifurcation proposal to increase the max block size to 4MB can be implemented, and this process repeated over time.

Note that with google fiber (https://fiber.google.com/cities/charlotte/), a residential customer can achieve up to 1,000 Mbps for only $70 per month, and can achieve up to 18 Mbps for $50 per month with AT&T uverse, as well as the fact that the US is considered behind the curve in terms of high speed internet throughout the world.

This is all just FUD unless and until we see numbers of Classic nodes (https://coin.dance/nodes) increasing dramatically.
Node count is practically worthless, although some people do use their node to express their opinion on a particular proposal; however node counts can easily be faked. For most of the bifurcation proposals, it is the miners' hashrate/hashpower/blocks found that determine if a bifurcation will activate or not. It is ultimately the economy that decides if a Hard Fork is accepted or not and many (https://blog.blockchain.com/wp-content/uploads/2015/08/Industry-Block-Size-letter-All-Signed.pdf) large economic players in the bitcoin world support larger blocks.

Well, this is bizarre. Assuming this is true--which is a lot to assume--this would seem to indicate that the miners don't understand the way their power works. Say they switch off to mining Classic_ and trigger the activation; give it a month or whatever, and they start popping out their 2MB blocks, which are then rejected by all non-Classic_ nodes on the network.
Again, nodes do not matter. If I wanted to, then I could change the settings on my full node to reject blocks that do not send at least 1 BTC to my address via the coinbase transaction, however the fact that my node is rejecting every newly found block would not affect the rest of the network.

Unless they convince the rest of the system to switch to an implementation compatible with their consensus rule change, no one else will accept their blocks as valid; all they'll have accomplished is that they've forked themselves onto an altcoin.
Again, see above. There are several major economic players who support larger blocks, it would probably be accurate to say that the economic majority supports larger blocks. It appears that there is less support for larger blocks then there really is (from those whose opinions matter) because those who control the moderation policy are strongly against larger blocks, and have set in place a moderation policy that makes it appear that more people (whose opinions matter) support smaller blocks.

Not sure why mining pools would even really care all that much about 2MB... What do they think it would do for them? Make their operating costs a bit higher?
The operating costs associated with producing up to 2MB block is realistically not going to be noticeably higher then the operating costs associated with producing what is essentially always .997MB blocks. The mining pools are hoping to receive increased transaction fee revenue from larger blocks.

The people who attended the HK meeting [...] It was well known that the people were acting as individuals and could in no way guarantee that the presented HF (not yet) would be merged into Core.
The blockstream core devs did not sign the agreement as individuals, they signed the agreement as "Bitcoin Core Contributor". I think they were certainly implying that the bifurcation would be merged into core.

As far as "bias" goes, your bias on this issue is well-known.
No it is not. What nonsense are you talking about? I have no connection to any developer regardless of whether Core or Classic/other.
I think your bias is fairly clear by your below statement.
Fine, Core has surgeons and Classic has garbage collectors. I get it.




Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 01, 2016, 06:19:48 AM
If 2MB could break bitcoin, the biggest miners  would have never supported it. Basic common sense. Don't lie when you run out of argument please
Bullshit. The miners are apparently as dumb as bricks. 2 MB is able to break Bitcoin, that's why Gavin added more artificial limitations to his BIP (which is != solution, it's a silly workaround).

In that case, your opinion is not really your opinion, you're just parroting shit that others said, without attributing or having the capacity to verify its veracity?
Nope. You just don't know who I am.

What you said about being "too dumb to comprehend something properly" tho? Should probably redirect it at the whole fucking Bitcoin community.
Won't be wrong, either.
That works too I guess.

2 years old hardware is very cheap one to my standard, thats why I put this example, but if your unable to upgrade once in a while then you should not expect your today computer is going to be able catch up with Bitcoin blockchain in the future, thats pretty reasonable - you should not expect to play future games on your today computer eighter. You will be able to inport private keys to any SVP client anyway if you cannot afford to upgrade your home computer anymore, and continue to play only older and older games as time goes if your gamer.
I don't think it's reasonable at all. Having to constantly upgrade (every 2 year) in order to no fall behind makes no sense to me. Why would someone bother with this unless they explicitly have incentives to do it?

You know Gavin used limitations to resolve the O(n^2) validation time problem. Namely limiting maximum signature operations to 1.2 GB per block. As a benefit it would not be possible to O(n^2) attack even current 1 MB blocksize anymore with up to 10 minutes CPU validation in some cases - even segwit dont solve this possible O(n^2) attack on 1 MB blocksize. So the breaking of Bitcoin due to O(n^2) is not censorship, but FUD because your avare of this Gavin solution to my knowledge.
"Resolve"? :D Don't make me laugh. What Gavin did was the worst approach possible to the validation problem. No, he did not solve anything, he added a ridiculous workaround that prevents certain types of transactions (limited by size). Segwit:
Quote
Segwit's design addressed the issue in two ways: One is that the extra capacity in segwit is for witness data, which is not hashed by the signature hasher. Because of this even with no fix, the worst case possible is much less significant than a plain 2MB block.

Fine, Core has surgeons and Classic has garbage collectors. I get it.
Interestingly, garbage collection is one of the more intricate problems in many computing systems. XD
I highly doubt that more than 1% of users know what we may be talking about (e.g. a language). ::)

I think your bias is fairly clear by your below statement.
Fine, Core has surgeons and Classic has garbage collectors. I get it.
Yeah definitely biased because I don't have the same opinion than some of you. Give me a break and go scam someone else.


Update::
It is only cuter that you think the language (presumably the runtime environment? let's explore what you mean here) is the only context in which garbage collection is relevant to the entire 'Bitcoin stack'.
It was just an example ("a language" which uses garbage collection) and as thus "is the only context" is false. Discussing this would be off-topic to this thread, would it not?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Foxpup on July 01, 2016, 06:46:07 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 01, 2016, 06:50:58 AM
I think your bias is fairly clear by your below statement.
Fine, Core has surgeons and Classic has garbage collectors. I get it.
Yeah definitely biased because I don't have the same opinion than some of you. Give me a break
There is nothing wrong with having a different opinion. There is also nothing wrong with not having an open mind, which I don't think you have. I don't think most people in the block size debate have an open mind, although few claim to have an open mind while they clearly do not.
and go scam someone else.
Please refrain from the immature ad-hominem attacks (that are not even true). They only damage your credibility :D


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 01, 2016, 06:57:53 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)
Or a reminder of who's "all talk" as they say.

There is nothing wrong with having a different opinion.
While you do say that, I don't think that the others feel the same way. I've been under the impression (by multiple members) that if one sides with Core that they're either a Blockstream employee or biased in some other way (i.e. there is no *normal reason* for them to have such a stance).

There is also nothing wrong with not having an open mind, which I don't think you have.
Well, there you are very much wrong. I've shifted my positions several times since the initial 20 MB proposal by Gavin. I've learned several things in the meantime, and do not see a decent reason for going toward the 2 MB block size limit. Until someone provides it (them), there's no reason to support that proposal (no, "segwit is complex" and similar nonsense are not reasons for 2 MB block size limit).

Please refrain from the immature ad-hominem attacks (that are not even true). They only damage your credibility :D
Sorry, it's not "immature" nor ad-hominem since it is true. Bogus escrow. Besides, I'm not the one who initiated person discussions (albeit they're off topic?).



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: HostFat on July 01, 2016, 06:59:32 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)
I assure you that that there are many not-idiots that are preferring to avoid to show them self in things like bitcoinocracy, that it's a good way to help other to track your finance.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 07:08:03 AM
Fine, Core has surgeons and Classic has garbage collectors. I get it.
Interestingly, garbage collection is one of the more intricate problems in many computing systems. XD
I highly doubt that more than 1% of users know what we may be talking about (e.g. a language). ::)

It is only cuter that you think the language (presumably the runtime environment? let's explore what you mean here) is the only context in which garbage collection is relevant to the entire 'Bitcoin stack'.

This oughta be fun...


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 07:09:37 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)

Less than the recent Australian auction. Color me shaking in my shoes boots.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 01, 2016, 07:21:31 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)
Anyone posting a link to this website is automatically deducted 10 credibility points.

http://archive.is/tF2NJ

18mkjbVaHAcMauL6iiy7zm9VjMYCjy4UU1 and 1K5PrGXqH8iSpKX4YsPp5gStLLsYTmnVBh are two of the three largest voters in this "poll" containing 5000.00010000 and 4400.00123500BTC respectively.

18mkjbVaHAcMauL6iiy7zm9VjMYCjy4UU1 is part of wallet [2270e827e3] (https://www.walletexplorer.com/wallet/2270e827e31f0f92?from_address=18mkjbVaHAcMauL6iiy7zm9VjMYCjy4UU1) which sent 4,400BTC to wallet [f25f84f160] (https://www.walletexplorer.com/wallet/f25f84f160dc779b), and the only address in this wallet is 1K5PrGXqH8iSpKX4YsPp5gStLLsYTmnVBh

Also, 1Mjye4SM5W4PX6tGD3div6PS48vKf1nVzS is the 5th largest address "voting" a certain way which is part of wallet [d0b06ef0f9] (https://www.walletexplorer.com/wallet/d0b06ef0f9bed346?from_address=1Mjye4SM5W4PX6tGD3div6PS48vKf1nVzS), which received a single transaction of 1999.9995BTC from [2270e827e3] (above).

Moving down the list, 1MHHdX1KN32tC7KGqHQGn1XWjPmwjRc4Yu is part of wallet [ba63ab3713] (https://www.walletexplorer.com/wallet/ba63ab371351070f?from_address=1MHHdX1KN32tC7KGqHQGn1XWjPmwjRc4Yu), which received a single transaction, being from [e1418c6ff3] (https://www.walletexplorer.com/wallet/e1418c6ff357717d) in the amount of 540.8989BTC. This wallet received a transaction in the amount of 599.9995BTC from [2270e827e3] (above)

In other words, three of the top five (and 4 of the top 7) addresses "voting" a certain way can be easily linked together as being likely controlled by the same person. These 4 addresses make up ~52% of the bitcoin that a voting a certain way. If more then half of the bitcoin in that poll is voting a certain way, but attempting to make it appear that multiple people are voting in harmony, but in reality is really only one person voting, then there is nothing to say that other significantly large addresses in that poll are not also controlled by that same person. 


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Foxpup on July 01, 2016, 07:39:08 AM
Another Classic move: dismiss the opinions of large stakeholders because they are few in number. After all, they're only a few people, and may just be a single really rich person, so what possible influence could they have? It's not like having an actual stake in the issue gives their opinions any extra merit. ::)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 01, 2016, 07:49:42 AM
Another Classic move: dismiss the opinions of large stakeholders because they are few in number.

Thought you had me on ignore? (Despite the derpy action of directly addressing questions to me upthread - whatevs)

Comprehension fail. I am not dismissing that silly privacy-compromising poll because very few are participating. Nay, I ridicule it, as the entirety of all votes amounts to no more than a gnat's fart.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 01, 2016, 07:51:59 AM
Another Classic move: dismiss the opinions of large stakeholders because they are few in number. After all, they're only a few people, and may just be a single really rich person, so what possible influence could they have? It's not like having an actual stake in the issue gives their opinions any extra merit. ::)
Of a single large holder of Bitcoin, who is claiming to be several large stakeholders


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: topiOleg on July 01, 2016, 08:29:36 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)

I cant see how you can move Bitcoin price to the ground by selling such amount of Bitcoins. It just shows Blockstream and hard core supporters are not big Bitcoin stakeholders at all. I find this tactic countra productive though, my thinking is "do the dip today please so we get rid of your Bitcoins and threats finally".


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on July 01, 2016, 11:24:09 AM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (https://bitcointalk.org/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)

Other than hodling impressive sums of BTC, what, precisely, could these people do?
I mean, they can tank the market price by dumping their coins (hurts them as much as it hurts anyone else), or order way too much pizza for the pool owners they don't like...
Anything else?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on July 01, 2016, 01:49:02 PM
Yes, Mr. Chop. But he himself hasn't commented or tweeted about this ergo it's still piffle.

Probably. Would only take a couple of tweets from major pool operators to dispel all these rumors.

I'm sure people have contacted pool operators by now. Any replies?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 01:58:37 PM
I think it's confirmed the tweet was wishful thinking, more a nudge than a wink. Otherwise someone would be talking about the algo change from Hell again?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on July 01, 2016, 02:03:17 PM
I think it's confirmed
Any links?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Karartma1 on July 01, 2016, 02:07:32 PM
So what then?
Is Bitcoin becoming a big fat large corporations where who has a big stash commands and who does not is not even heard?

I supposed bitcoin was different.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BitcoinNewsMagazine on July 01, 2016, 02:15:02 PM

https://www.reddit.com/r/btc/comments/4qmb33/does_jihan_wu_indirectly_confirm_corexit/

Quote
Antpool has never engaged with the guy behind that 8btc OP privately, or reached any agreement with that guy. I am also unaware of any other pools are working with that guy. China 8btc forum is running without censorship when people wants to discuss different scaling plans.

However, we cannot call it a hoax to which the responding showed 90% of no objection, and written in a very formal Chinese. This "Terminator" plan somehow got attention for its wisdom to unify the difference between 75% and 90% number. We also should not call out "hoax" to any proposals we don't agree with or just did not know/agree with it in advance.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on July 01, 2016, 02:48:37 PM
^BitcoinNewsMagazine, thanks.

So what then?
Is Bitcoin becoming a big fat large corporations where who has a big stash commands and who does not is not even heard?

I supposed bitcoin was different.
We all make mistakes.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 01, 2016, 02:51:31 PM
Like, what, my word wasn't good enough for you?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on July 01, 2016, 03:12:12 PM
Like, what, my word wasn't good enough for you?
Would set a horrible precedent.
Next Lauda'll get all pouty and start demanding I take him at his word.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on July 01, 2016, 08:49:51 PM
Huh, looks like it's still happening.
Bitcoin Miners to Hardfork According to Circulating Rumors (https://www.reddit.com/r/Bitcoin/comments/4qrbli/bitcoin_miners_to_hardfork_according_to/)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: hv_ on July 01, 2016, 09:47:20 PM
Well, this is bizarre. Assuming this is true--which is a lot to assume--this would seem to indicate that the miners don't understand the way their power works. Say they switch off to mining Classic_ and trigger the activation; give it a month or whatever, and they start popping out their 2MB blocks, which are then rejected by all non-Classic_ nodes on the network. Unless they convince the rest of the system to switch to an implementation compatible with their consensus rule change, no one else will accept their blocks as valid; all they'll have accomplished is that they've forked themselves onto an altcoin.

Not sure why mining pools would even really care all that much about 2MB... What do they think it would do for them? Make their operating costs a bit higher? If they're hoping to see increased adoption cause a price boost, capacity (especially in small amounts) seems like the wrong approach--it's not like 2MB blocks make Bitcoin easier to use, increase its privacy, increase merchant acceptance, or make it possible to buy milk at the grocery store without waiting 10 minutes for a confirmation :-\

But hopefully this is just some bullshit scare and doesn't have any credibility. I'd like to hope that miners are smart enough to not bite the hand that feeds them in an absurd attempt to completely sink themselves.

Considering the 1 MB blocks are often full most reasonable folks see the need for a bump to 2 MB and pretty soon. The Chinese miners understand quite well the power they possess, are tired of waiting for larger blocks and seem pissed off. Classic activates 28 days after 750 of the last 1,000 blocks are found by miners running Classic instead of Core. At that point you would have a minority of miners still running Core. We might have two chains existing at the same time for a short period of time but everyone would move to the winning chain. The minority still mining Core would switch or die. It does appear that SegWit would have to be merged into Classic for it to be acceptable to the Chinese coalition. The point is it appears the Chinese may have the power to force a change from Core to Classic. They have been loyal to Core but can only wait so long.


And economics & game theory kicks in again.
Make your bets now!


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on July 02, 2016, 12:23:08 PM
Huh, looks like it's still happening.
Bitcoin Miners to Hardfork According to Circulating Rumors (https://www.reddit.com/r/Bitcoin/comments/4qrbli/bitcoin_miners_to_hardfork_according_to/)

the miners and the big exchangers are forming a gang. so, BTC belongs to them. The shit nodes are not an issue. You can set up thousands in matter of days :)

conclusion: the miners + exchanger's gang will do whatever they want. the most of the BTC users will follow them like amenable sheep


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on July 02, 2016, 02:43:13 PM
the miners and the big exchangers are forming a gang. so, BTC belongs to them.

"Gang" is such a loaded word. The miners are free to cooperate with each other and with exchange owners. No racketeering laws in Bitcoin, that's outmoded statist thinking.
If cooperation serves the miner's rational self-interest (maximizes their monetary profit$), that's what they should do.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on July 02, 2016, 03:40:35 PM
the miners and the big exchangers are forming a gang. so, BTC belongs to them.

"Gang" is such a loaded word. The miners are free to cooperate with each other and with exchange owners. No racketeering laws in Bitcoin, that's outmoded statist thinking.
If cooperation serves the miner's rational self-interest (maximizes their monetary profit$), that's what they should do.

cartels(biz gang) means monopoly and price manipulation. this is what is happening. all the BTC trades are manipulated. if you are good with this then it's without ...words :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on July 02, 2016, 03:46:05 PM
kind of funny..

reddit post a bit of rumour.. linking crapmedia.. where crap media have no source
then 2 days later reddit again enforce the rumour with another crapmedia site that guess what, turns out to be quoting the first reddit..
(known as cirle jerking)

anyway.
here is the initial presumed "spark" that started the rumour was (supposedly) http://archive.is/DoJj7 but no where did it mention "terminator pool"
but everyone on reddit is now talking about it like it is some terminator plan.

anyone have a copy of any actual document wrote by any actual mining pool that is talking about the terminator plan??
even the tweets from the pools are not saying they planned anything.

so any real source?? or just circle jerking


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on July 02, 2016, 03:52:11 PM
what documents do you need? do you think that you are talking with real corporations? it's mutual agreement between chinesses. :)

money dictates the way  :)  it's so simple.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: CIYAM on July 02, 2016, 03:56:04 PM
The big story about a mobile (or cell if you prefer) phone creating an explosive event at a gas/petrol station originated from Indonesia but no actual evidence of any such event was ever found (just circle-jerk reports).

Just like stories about the Aussie con-man being Satoshi the media just fed of its own bullshit and now in every single petrol station in Australia there is a sticker with a mobile phone surrounded by a circle with a slash (i.e. just like a no smoking sign).

Mythbusters put the bullshit idea that a mobile phone could cause such an event to the test and unless you throw the thing hard enough to create a spark then that is simply not possible (and even then almost impossible if your phone has a plastic casing or covering).

Yet - still in every single petrol station in Australia they have that same sticker (ten years after been exposed as complete rubbish).

So this FUD won't stop and the people "raising the flags" will keep on doing so no matter what is actually real or not.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: giggidy23 on July 02, 2016, 03:59:56 PM
the miners and the big exchangers are forming a gang. so, BTC belongs to them.

"Gang" is such a loaded word. The miners are free to cooperate with each other and with exchange owners. No racketeering laws in Bitcoin, that's outmoded statist thinking.
If cooperation serves the miner's rational self-interest (maximizes their monetary profit$), that's what they should do.

cartels(biz gang) means monopoly and price manipulation. this is what is happening. all the BTC trades are manipulated. if you are good with this then it's without ...words :)

Of course unregulated markets are manipulated, that's why anti-monopoly laws (i.e. intrusive government regulations interfering with free market) were created by adults NannyState in the first place.

The whole point of Bitcoin is to make it impossible for jackbooted statist thugs to interfere with the divine workings of teh Invisible Hand via threats of violence.
Bitcoin is working exactly as it was meant to, which is to say becoming a plaything of the rich expressing the will of the Economic Majority :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 02, 2016, 04:36:22 PM
so any real source?? or just circle jerking
here (http://8btc.com/thread-35645-1-1.html) is the link to the original thread proposing that the Chinese miners, except one pool start to support classic by mining classic blocks. The referenced thread proposed that once classic support plus the Chinese pool that is not mining classic blocks reaches 90% that the last chinese pool start to mine classic blocks, activating classic.

It appears that the OP of that thread has merely proposed this plan, but none of the Chinese miner have actually agreed to this plan (at least not publicly) and none of the Chinese miners appear to be actually implementing this plan at this time. The plan appears to be not unlike a BIP being proposed (I think anyone can write/submit a BIP proposal) in a sense that the idea has been proposed and is currently being discussed.

The Chinese miners that have responded to this proposal in english appear to "like" this proposal and have spoken positively about it, however have explicitly said that they have not agreed to this plan and that they are not aware that any of the other Chinese miners agreeing to the plan (yet). All of the Chinese miners that have responded to this proposal have also jabbed at the moderation policy of bitcointalk and r/bitcoin by saying that the chinese forums allow for discussion of scaling proposals without censorship. (I don't think the moderation policy amounts to "censorship" although I do think that the moderation policy of both is harmful to the development of Bitcoin -- some people do however feel that the moderation policy of both bitcointalk and r/bitcoin does amount to censhorship in that any scaling proposal that ultimately goes against the wishes of the core devs would be considered an altcoin -- or more specifically the implementation of such proposal without the blessing of the core devs)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on July 02, 2016, 04:46:51 PM
so any real source?? or just circle jerking
here (http://8btc.com/thread-35645-1-1.html) is the link to the original thread proposing that the Chinese miners,
no thats crapmedia i said the real source.. IE if its talking about pools colluding then it has to be a document from the pools
It appears that the OP of that thread has merely proposed this plan, but none of the Chinese miner have actually agreed to this plan

exactly.. its not any news about what pools will do. just some outsider making fake news trying to circle jerk it until he hopes it will come true

so im guessing no pool has invented this "terminator" pool. and thus this whole topic is meaningless


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 02, 2016, 04:59:49 PM
so any real source?? or just circle jerking
here (http://8btc.com/thread-35645-1-1.html) is the link to the original thread proposing that the Chinese miners,
no thats crapmedia i said the real source.. IE if its talking about pools colluding then it has to be a document from the pools
It appears that the OP of that thread has merely proposed this plan, but none of the Chinese miner have actually agreed to this plan

exactly.. its not any news about what pools will do. just some outsider making fake news trying to circle jerk it until he hopes it will come true

so im guessing no pool has invented this "terminator" pool. and thus this whole topic is meaningless
The link I provided is the source. Due to ??? somehow people think that the proposal is going to get implemented for  no reason other then it was proposed. The founder of bitmain tweeted (https://twitter.com/JihanWu/status/748546445658071040) a response to the 8btc (the chinese forum for bitcoin) thread.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on July 04, 2016, 10:09:27 PM
It is. If they keep trusting Core devs to do what they promised, they're gonna lose a shitload of money. And that's why this is happening right now.
Wrong. The people who attended the HK meeting have done nothing that violates their "agreement" yet. It was well known that the people were acting as individuals and could in no way guarantee that the presented HF (not yet) would be merged into Core.

HaoBTC is signaling their displeasure, again, with the way the HK agreement is being unceremoniously turned to confetti.

HaoBTC and BTCC were the main pools to convince the others to attend, and reluctantly sign on to the HK agreement. Thus, they are the ones that look the most like fools for falling prey to this ruse.

Making agreements, shaking hands, smiling, having the agreement met with great fanfare from the press and the wider Bitcoin community... To toss the agreement into the garbage now, several months later, is about the biggest insult possible to eastern business sensibilities, where one's word and honorable dealings are very important.

This is turning out to be a poker game, with Core acting like they've got a royal flush, let's see if they get called.

https://i.imgur.com/KID7nj6.png

https://twitter.com/HaoBTC
https://www.cryptocoinsnews.com/bitcoin-miners-hardfork-according-circulating-rumors/

 


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 04, 2016, 10:15:42 PM
Can someone with more brains than I have explain how an extra 1MB/10MB/20MB would make a lick of difference re: scaling?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 04, 2016, 10:29:28 PM
This is turning out to be a poker game, with Core acting like they've got a royal flush, let's see if they get called.
Again, another mistake. 'Core' as a group is hard to represent, and does not have anything to do with this. The people who signed the agreement are the ones who are going to lose their reputation/respect if they fail to deliver a HF proposal.

Can someone with more brains than I have explain how an extra 1MB/10MB/20MB would make a lick of difference re: scaling?
As far as scalability is concerned, it almost does nothing to improve it. Moving from a 1 MB block size limit to a 2 MB block size limit would increase the average throughput from 3 TPS to 6 TPS. That's about it. Segwit does so much more and will deliver only slightly less throughput (on average) once adopted.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 04, 2016, 10:37:59 PM
Stolfi's right about one thing: this Chinese mining cartel is a problem. >:(


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 04, 2016, 10:41:55 PM
Can someone with more brains than I have explain how an extra 1MB/10MB/20MB would make a lick of difference re: scaling?
Right now a maximum block size is nowhere near enough to accommodate all of the transactions trying to get confirmed (legitimate transactions or otherwise), you can look at the size of recent blocks to see that recently found blocks are all 950kb+, and you can look at the mempool (https://blockchain.info/unconfirmed-transactions) of any reputable block explorer to see that there are several MB worth of unconfirmed transactions and several BTC worth of transaction fees within these unconfirmed transactions.

If for example, we were to increase the maximum block size to say 10MB, (which I believe to be safe currently), then blocks on average would probably be about 10-11% full or so. If transaction growth were to grow at say 30% per year (which would be huge, and probably higher then what is realistic), then after about 8 years then the maximum block size would need to be increased again when the demand for transactions would create the need for blocks to be about 90% full.

In ~8 years, we could raise the maximum block size to say 50MB to accommodate for future growth of transaction volume. Now with today's network technology, with today's cost of storage, and with today's cost of processing power, 50MB is probably be too large, however over the next 8 years, we will almost certainly see increases in all of the above, and the cost of all of the above is almost certain to decline. Since transaction volume has already grown to be very large, after 8 years, you might want to assume that transaction growth slows to 20% per year (still very large). After ~9 years of growth, the maximum block size will again need to be increased, and again the technology regarding networks, storage and processing will almost certainly have improved and the cost of the above will almost certainly have declined, allowing for an increase of the maximum block size without increasing the cost of running a full node from the time the maximum block size was last increased.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on July 04, 2016, 10:44:21 PM
Can someone with more brains than I have explain how an extra 1MB/10MB/20MB would make a lick of difference re: scaling?

Well, I'll leave your opener alone... but, the difference would be 100%/1100%/2100% greater potential throughput vs the ~3.7 something global tps we have now.

Just because your personal automobile can't hold 100 passengers, doesn't mean you shouldn't never try fitting a couple more in there with you. 

This is turning out to be a poker game, with Core acting like they've got a royal flush, let's see if they get called.
Again, another mistake. 'Core' as a group is hard to represent, and does not have anything to do with this. The people who signed the agreement are the ones who are going to lose their reputation/respect if they fail to deliver a HF proposal.

I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement. 

Can someone with more brains than I have explain how an extra 1MB/10MB/20MB would make a lick of difference re: scaling?
As far as scalability is concerned, it almost does nothing to improve it. Moving from a 1 MB block size limit to a 2 MB block size limit would increase the average throughput from 3 TPS to 6 TPS. That's about it. Segwit does so much more and will deliver only slightly less throughput (on average) once adopted.

If doubling the throughput of the network does almost nothing for scalability... then segwit does less than almost nothing for scalability with its 3MB per block max increase to data requirements and its 0.8MB gain in effective throughput.

Stolfi's right about one thing: this Chinese mining cartel is a problem. >:(

Check your premises, the chinese miners are really the only ones left to put a check on the real cartel, the information/software cartel that is using artificial production quotas to centrally plan the economy. 


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 04, 2016, 10:48:48 PM
Can someone with more brains than I have explain how an extra 1MB/10MB/20MB would make a lick of difference re: scaling?

Well, I'll leave your opener alone...

But I gave that to you. :(


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quantus on July 04, 2016, 10:55:55 PM
https://i.imgur.com/6cAhs0b.png


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 05, 2016, 06:47:52 AM
I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement. 
I disagree. He's smart enough not to participate in closed-door meetings which are counter-intuitive to Bitcoin.

If doubling the throughput of the network does almost nothing for scalability... then segwit does less than almost nothing for scalability with its 3MB per block max increase to data requirements and its 0.8MB gain in effective throughput.
It does nothing and comes with a risk. Wake me up again when the Classic developers coded up something useful, just don't come to me with trash like header-first-mining. ::)

If for example, we were to increase the maximum block size to say 10MB, (which I believe to be safe currently), then blocks on average would probably be about 10-11% full or so. If transaction growth were to grow at say 30% per year (which would be huge, and probably higher then what is realistic), then after about 8 years then the maximum block size would need to be increased again when the demand for transactions would create the need for blocks to be about 90% full.
How many times does it need to be told to you? Are you not listening or are you not able to comprehend what you're reading? 2 MB block size limit is unsafe on its own (without artificial limits) due to quadratic validation time and now you come with this nonsense story of how 10 MB is safe currently? ::) I don't even want to talk about the ever decreasing node count because of resource usage.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: gmaxwell on July 05, 2016, 08:36:49 AM
I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement. 
I disagree. He's smart enough not to participate in closed-door meetings which are counter-intuitive to Bitcoin.
Just so.

But beyond that, this weird fantasy that I am some uniquely important person in Bitcoin is just completely without basis.  It's a narative spun by Mike Hearn in an effort to bring down regulatory hellfire on me to drive me out-- since for years I (and most other people actually doing the work of supporting the system) was very careful to keep a low profile, it didn't work.

Having my support on something doesn't magically make it a success. The fact that efforts I support are often a success is much more because I have nearly a lifetime of relevant experience that lets me identify initiatives which are likely to be successful and I prefer to spend my time working on those... than it is because I or anyone else has some kind of magical influence. ... regardless of what stories some people find advantageous to tell.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on July 05, 2016, 10:07:42 AM
I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement. 
I disagree. He's smart enough not to participate in closed-door meetings which are counter-intuitive to Bitcoin.
Just so.

But beyond that, this weird fantasy that I am some uniquely important person in Bitcoin is just completely without basis.  It's a narative spun by Mike Hearn in an effort to bring down regulatory hellfire on me to drive me out-- since for years I (and most other people actually doing the work of supporting the system) was very careful to keep a low profile, it didn't work.

Having my support on something doesn't magically make it a success. The fact that efforts I support are often a success is much more because I have nearly a lifetime of relevant experience that lets me identify initiatives which are likely to be successful and I prefer to spend my time working on those... than it is because I or anyone else has some kind of magical influence. ... regardless of what stories some people find advantageous to tell.


so when Luke JR makes a revision where he changes segwits
MAX_BLOCK_BASE_SIZE = 1000000;
to
MAX_BLOCK_BASE_SIZE = 2000000;
will you support it. or will to decline it


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BeadUsher on July 05, 2016, 10:28:36 AM
[...] It's a narative spun by Mike Hearn in an effort to bring down regulatory hellfire on me [...]

Am I the only one thinking this?

https://s-media-cache-ak0.pinimg.com/236x/5f/c6/01/5fc601ab048559b8709052f4c929cbe5.jpg


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: mayax on July 05, 2016, 11:02:30 AM
hard fork is about to begin :)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 05, 2016, 11:14:14 AM
But beyond that, this weird fantasy that I am some uniquely important person in Bitcoin is just completely without basis.  
I agree. Bitcoin should not have any 'very important people' such as the case with ETH.

hard fork is about to begin :)
What are you basing these lies on? There is really no information about the current status of that ridiculous plan (r/btc would probably have a min. of 10 posts about it by now). Keep in mind that deliberately posting false information falls under trolling and is not allowed by the forum.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: The00Dustin on July 05, 2016, 01:30:20 PM
Just a friendly reminder of who's really in charge:

bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground (http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground)
Or a reminder of who's "all talk" as they say.
I don't agree with everything you post, but refuting FUD that "supports" "core" certainly helps convince me that you do believe what you are posting (vs just being a shill).

I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement.
I disagree. He's smart enough not to participate in closed-door meetings which are counter-intuitive to Bitcoin.
Just so.

But beyond that, this weird fantasy that I am some uniquely important person in Bitcoin is just completely without basis.  It's a narative spun by Mike Hearn in an effort to bring down regulatory hellfire on me to drive me out-- since for years I (and most other people actually doing the work of supporting the system) was very careful to keep a low profile, it didn't work.

Having my support on something doesn't magically make it a success. The fact that efforts I support are often a success is much more because I have nearly a lifetime of relevant experience that lets me identify initiatives which are likely to be successful and I prefer to spend my time working on those... than it is because I or anyone else has some kind of magical influence. ... regardless of what stories some people find advantageous to tell.


so when Luke JR makes a revision where he changes segwits
MAX_BLOCK_BASE_SIZE = 1000000;
to
MAX_BLOCK_BASE_SIZE = 2000000;
will you support it. or will to decline it
I think a far more important question for gmaxwell is this:

So if this rumored hard fork actually occurred, where would you put your effort if the majority of core developers wanted to call it an altcoin and block support for it from being added to core?

This question is important because my belief has always been that if something else wins out, core will adjust and may again become the best client, however, what the best developers do is far more important than what core does.  So as a developer with "nearly a lifetime of relevant experience" that helps to "identify initiatives which are likely to be successful" I'm interested in whether he would jump ship if he had to (supporting classic or unlimited, for instance) and also in whether or not he would believe he had to (vs expecting the ~75%/+ longer fork to die off without confidence in the ~25%/- fork concurrently being so shaken that there is no longer a "successful initiative" on either "side").


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: gmaxwell on July 05, 2016, 09:12:52 PM
This question is important because my belief has always been that if something else wins out, core will adjust and may again become the best client, however, what the best developers do is far more important than what core does.  So as a developer with "nearly a lifetime of relevant experience" that helps to "identify initiatives which are likely to be successful" I'm interested in whether he would jump ship if he had to (supporting classic or unlimited, for instance) and also in whether or not he would believe he had to (vs expecting the ~75%/+ longer fork to die off without confidence in the ~25%/- fork concurrently being so shaken that there is no longer a "successful initiative" on either "side").
Many of the people pushing for hardfork size increases are pushing a vision of Bitcoin that will almost certainly become highly centralized-- See for example the comments on Reddit today with people arguing that it's possible to handle 8GB blocks using computing systems at quasi-youtube scale-- some don't consider this a problem; from my perspective such a system would be completely uninteresting (and a detriment to mankind, if it survived at all).

No one _has_ to support anything here they don't want to; and I'm surely not going to support something that puts us on that route and I doubt practically any of the active development community would.  Presumably anyone okay with that path would already be supporting Bitcoin "Classic", but clearly none are (https://www.reddit.com/r/btc/comments/4mb6f8/classics_developers_are_almost_completely/d3u3on3).



Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: The00Dustin on July 05, 2016, 09:29:07 PM
Presumably anyone okay with that path would already be supporting Bitcoin "Classic", but clearly none are (https://www.reddit.com/r/btc/comments/4mb6f8/classics_developers_are_almost_completely/d3u3on3).
To be clear, when I said supporting, I meant providing development support, not actively peddling.  For instance, in the already discussed incredibly hypothetical scenario, 75% of new blocks would already be on a chain where some blocks are >1MB and a group of core developers refuses to adapt core to accept that chain as valid.  So, at that point the options for a developer who does want to continue supporting that chain and doesn't see a problem with 2MB blocks (since that is what this thread is predicated on, regardless of what any wallet may support) are to try to improve the most popular client on the larger chain (I would predict this to be your decision based on the post I quoted in my previous post), stick with core (presumably this requires the belief that the longer 75% chain can and will fail without turning off most users), or walk away completely (this seems like an unlikely choice, but it is still certainly an option).  That having been said, I failed to acknowledge the possibility of developing for multiple clients at once (sticking with core, but contributing to other projects as well).  Moreover, I can understand why you might not want to answer the question in its hypothetical state with so many people potentially ready to misquote such an answer (or otherwise use it against you), so I will pretend you are undecided for now unless you actually feel so strongly about this that you want to post that you would stick with contributing to core and core alone in said scenario.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on July 05, 2016, 09:32:46 PM
I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement.  
I disagree. He's smart enough not to participate in closed-door meetings which are counter-intuitive to Bitcoin.
He’s also cunning enough to wait several months before vociferously denouncing it, calling the participants, including the president of his company, well-meaning dipshits.

If doubling the throughput of the network does almost nothing for scalability... then segwit does less than almost nothing for scalability with its 3MB per block max increase to data requirements and its 0.8MB gain in effective throughput.
It does nothing and comes with a risk. Wake me up again when the Classic developers coded up something useful, just don't come to me with trash like header-first-mining. ::)
Does nothing hm? The only risk is the risk of Core throwing their toys out of the pram and starting a 1MB4EVA keccak altcoin. Please explain the danger of header first mining, for the network, not for the miners that could potentially mine a block that nodes consider invalid. Concerns about SPV security can be assuaged, as Gregory once described.

I agree that the miners made a mistake. Basically, if Gregory Maxwell wasn't at the agreement, you don't have an agreement.  
I disagree. He's smart enough not to participate in closed-door meetings which are counter-intuitive to Bitcoin.
Just so.

But beyond that, this weird fantasy that I am some uniquely important person in Bitcoin is just completely without basis.  It's a narative spun by Mike Hearn in an effort to bring down regulatory hellfire on me to drive me out-- since for years I (and most other people actually doing the work of supporting the system) was very careful to keep a low profile, it didn't work.
Some of us recall, at the time of the second Stalling Bitcoin conference, your email to the mailing list literally became the Core roadmap. Some of us see the leadership dynamics at work in the core-dev irc chan. Bring down regulatory hellfire on you? Please. We just want to see you, your company, and your fellow Core devs make a good faith effort at a reasonable compromise… like the HK agreement.

The main concern about regulatory hellfire won’t be because it is directed at you, personally, that’s silly. It will probably relate to lightning hubs being designated MSBs depending on jurisdiction.

Having my support on something doesn't magically make it a success. The fact that efforts I support are often a success is much more because I have nearly a lifetime of relevant experience that lets me identify initiatives which are likely to be successful and I prefer to spend my time working on those... than it is because I or anyone else has some kind of magical influence. ... regardless of what stories some people find advantageous to tell.

It would be a huge mistake to underestimate your competence in this field. Your influence on the Core project isn’t magical, most of it is well deserved. To deny that your influence is elevated above most, if not all participants though, is wishful thinking.

Your ideas are composed into an email to the mailing list… that email becomes the official Core roadmap… the initiatives outlined in your email are implemented…

The careful observer can see that you haven’t chosen to support things that just coincidentally happen to be what is meritoriously implemented… they are implemented because you chose to support them, while ignoring input from outside sources (notably from miners and [non-Blockstream] Bitcoin businesses).

If you wonder about the acrimony… consider that people, especially Bitcoiners, don’t like the idea of the table being tilted by those in positions of power. The “online community management” employed by Theymos on r/bitcoin, for example. The censorship and steering feels and looks like an attack, so... surprise surprise, perceived (and criminally real in the form of DDoS against classic nodes) aggression is met with retaliatory aggression.

This question is important because my belief has always been that if something else wins out, core will adjust and may again become the best client, however, what the best developers do is far more important than what core does.  So as a developer with "nearly a lifetime of relevant experience" that helps to "identify initiatives which are likely to be successful" I'm interested in whether he would jump ship if he had to (supporting classic or unlimited, for instance) and also in whether or not he would believe he had to (vs expecting the ~75%/+ longer fork to die off without confidence in the ~25%/- fork concurrently being so shaken that there is no longer a "successful initiative" on either "side").
Many of the people pushing for hardfork size increases are pushing a vision of Bitcoin that will almost certainly become highly centralized-- See for example the comments on Reddit today with people arguing that it's possible to handle 8GB blocks using computing systems at quasi-youtube scale-- some don't consider this a problem; from my perspective such a system would be completely uninteresting (and a detriment to mankind, if it survived at all).

No one _has_ to support anything here they don't want to; and I'm surely not going to support something that puts us on that route and I doubt practically any of the active development community would.  Presumably anyone okay with that path would already be supporting Bitcoin "Classic", but clearly none are (https://www.reddit.com/r/btc/comments/4mb6f8/classics_developers_are_almost_completely/d3u3on3).

Slippery slope, defined.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Cuidler on July 05, 2016, 09:45:47 PM
Many of the people pushing for hardfork size increases are pushing a vision of Bitcoin that will almost certainly become highly centralized-- See for example the comments on Reddit today with people arguing that it's possible to handle 8GB blocks using computing systems at quasi-youtube scale-- some don't consider this a problem; from my perspective such a system would be completely uninteresting

8GB, here we go again. What about providing some scientific verifiable tests what minimum computer specifications you need to run full node on full 1 MB blocks versus full 2 MB blocks. If your right then you dont need to worry about the results and convince more bigger block supporters its not time for slightly bigger blocks because current average home computers could not even handle 2 MB blocks.

Or 1 MB is some kind of perfect magic number, or just fear of a hard fork ? I doubt you worry too much about the need others have to update full node clients for non problematic hard fork to occur, because to continue using Bitcoin we had to update wallets as well with better fees estimation algos (and much quickier than any grace period planned for hard forks).


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on July 05, 2016, 09:50:46 PM
gmaxwell fails.
1. "hardforkers demand 8gb blocks now".
.. um no 2MEGABYTES.. stop exaggerating

2. "classic hasnts implemented locktimes"
.. so what.. locktimes are only important for LN.. maybe some people see that LN is not an ultimate solution and not everyone wants to lock funds in multisigs and not everyone wants to only be 50% owners of their funds with someone they may only transact with once a month or year. after all LN is only useful to spammers, who themselves wont use LN because they want to spam the blockchain not offchain. so why would they go offchain.
anyway other implementations just want traditional transactions ONCHAIN with bigger blocks. it does not require thousands of lines of code to implement nor does it require constant changing.. thats why it doesnt require much playing around with.

the real funny thing is that BU, XT, classic and other implementations that have hard fork code are actually publicly released and actually validating real bitcoin data, archiving real bitcoin blocks right now.... where as segwit is still playing with altcoin(segnet/testnet) data, where that data is systematically chosen rather than being real use random data of 7 years..

but i still await for gmaxwells answer.. will he support LukeJRs MAX_BLOCK_BASE_SIZE = 2000000; or will he try to push luke JR off the bus like he has done with hearn and gavin...


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: MingLee on July 05, 2016, 09:54:48 PM
hard fork is about to begin :)
If you could give more information on this statement and provide some evidence as to how the hard fork is about to begin, that'd be great. The most information I've found about this is a single post on reddit.com/r/btc which says that the Chinese miners are talking, not necessarily following through with anything. There is no information out there saying anyone is close to implementing it at any point.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: will_k on July 05, 2016, 10:38:07 PM
I'm trying hard to follow the thread here vs 8btc and I see this one here:

http://8btc.com/thread-35934-1-1.html (http://8btc.com/thread-35934-1-1.html)

which translates to:

According to https://btc.com/block?date=2016-07-05 
blocks mined in the last 24 hours were in BIP-9 (old version without SW)
whereas typically half of the blocks mined were BIP 68 112 113 (new versions including SW)

coincident?





Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BitcoinNewsMagazine on July 05, 2016, 10:54:28 PM
Anyone can visit Coin.Dance and see Classic is holding steady at about 11% of total nodes. No worries unless that number starts to increase (by a lot.)


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 05, 2016, 11:00:54 PM
He’s also cunning enough to wait several months before vociferously denouncing it, calling the participants, including the president of his company, well-meaning dipshits.
I'm glad that people are allowed to have their own (subjective) opinions.

Please explain the danger of header first mining, for the network, not for the miners that could potentially mine a block that nodes consider invalid.
Without going into any detail (I'm certain that you could find information yourself and that there are better qualified people to explain it): https://twitter.com/NickSzabo4/status/673544762754895872

blocks mined in the last 24 hours were in BIP-9 (old version without SW)
whereas typically half of the blocks mined were BIP 68 112 113 (new versions including SW)
No. CSV has been activated and Segwit activation parameters have not been set up and the Core version containing Segwit has not been released (no idea what you mean by "including SW).

Anyone can visit Coin.Dance and see Classic is holding steady at about 11% of total nodes.
"Steady".
https://i.imgur.com/kiB6xAV.png


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: gmaxwell on July 05, 2016, 11:52:23 PM
about 11% of total nodes
You should add some scare-quotes around "nodes". There are other ways of measuring nodes that classic advocates haven't figured out how to sibyl attack yet, through one of these mechanism I measure 4.7% (amusingly, it was roughly at the same number even at their peak of "25%"-- showing they've had more attrition of sybil nodes than actual ones). Of course, this doesn't measure actual users being behind those nodes, which I suspect is far lower...

blocks mined in the last 24 hours were in BIP-9 (old version without SW)
whereas typically half of the blocks mined were BIP 68 112 113 (new versions including SW)
coincident?
There are no blocks signaling SW yet.   BIP68/112/113 have activated so they are no longer signaled, any miner still setting that bit would be seriously buggy.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BlindMayorBitcorn on July 06, 2016, 02:14:32 AM
... Miners ... can't break the rules of the system enforced by the nodes... if they do, they're not miners anymore as far as the nodes are concerned.

Yes, they are miners -- for the updated nodes/wallets/users.
The legacy nodes/wallets/users won't have any miners, and thus become subject to savage rapings by any kid with a couple of vidya cards.
Bonus points: no tx confirmations forever because outrageous difficulty/hashpower ratio, no diff. adjustment forever, because see aforementioned.
That's how hard forks work, always assumed it was understood.

I'm still trying to unpack all this^ Were you both right?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jt byte on July 06, 2016, 02:20:38 AM
Will this affect the halving in anyway  ???
I imagine it will.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Cuidler on July 06, 2016, 08:45:41 AM
Anyone can visit Coin.Dance and see Classic is holding steady at about 11% of total nodes. No worries unless that number starts to increase (by a lot.)

Number of nodes means very little as you cant distinguish between real and fake ones. What only matters is increased number of blocks mined with BIP 109, if miners choose its time for this Bitcoin improvement. But I would preffer if miners come up with their own hard fork change instead so it is not political anymore and not wait for luke-jr proposal as this is pointless and just waste of time as many predicted this stalling tactic right after HK meeting, plus I have feeling its going to be another luke-jr trolling attempt instead like the one for sha3 algo change from him.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 06, 2016, 01:03:59 PM
I'm still trying to unpack all this^ Were you both right?
That's not how a HF supported by consensus works. What happens if the miners use hashpower as coercion as the network is that their blocks get invalidated and the coins that are being mined are worthless. The miners do not hold any 'superior' power over the network, else Bitcoin could relatively easily be manipulated (which we know is not the case). Anyone who thinks that people and businesses can upgrade their infrastructure within a very short time period clearly have no idea what they're talking about.

Will this affect the halving in anyway  ??? I imagine it will.
No. Firstly, nothing is happening. Secondly, it won't affect the halving either way unless you're concerned about the price (which is trivial).

Number of nodes means very little as you cant distinguish between real and fake ones.
The metric is very useless and especially in short time periods. We've observed this with exponential rises in both XT and Classic nodes, which disappeared very quickly afterwards.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: jbreher on July 06, 2016, 05:05:27 PM
What happens if the miners use hashpower as coercion as the network is that their blocks get invalidated and the coins that are being mined are worthless.

Unless, of course, the economic majority accepts the new rules. In which case the stubborn few stragglers find themselves on a fork unsupported by the security of massive hashpower.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 06, 2016, 05:17:39 PM
Unless, of course, the economic majority accepts the new rules. In which case the stubborn few stragglers find themselves on a fork unsupported by the security of massive hashpower.
That's not how a HF supported by consensus works.
I'm talking about a scenario in which the miners suddenly decide to 'change the rules' which would be the case with this ridiculous plan that was proposed. There's no way that businesses that are running on less-than-optimally maintained versions and some unusual ones (e.g. Bitcoin ruby) could upgrade very quickly (testing and deploying takes time IMO). Besides, once you give in to such coercion the chances that someone will attempt to do this with even less preferable "changes" become higher. If the HF was 'driven by' consensus, then the economic majority would most likely accept the new rules.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Quickseller on July 06, 2016, 05:29:09 PM
Unless, of course, the economic majority accepts the new rules. In which case the stubborn few stragglers find themselves on a fork unsupported by the security of massive hashpower.
That's not how a HF supported by consensus works.
I'm talking about a scenario in which the miners suddenly decide to 'change the rules' which would be the case with this ridiculous plan that was proposed. There's no way that businesses that are running on less-than-optimally maintained versions and some unusual ones (e.g. Bitcoin ruby) could upgrade very quickly (testing and deploying takes time IMO). Besides, once you give in to such coercion the chances that someone will attempt to do this with even less preferable "changes" become higher. If the HF was 'driven by' consensus, then the economic majority would most likely accept the new rules.
The "ridiculous plan" (or some derivative thereof) is supported (https://blog.blockchain.com/wp-content/uploads/2015/08/Industry-Block-Size-letter-All-Signed.pdf) by ~the entire Bitcoin economy (note that the Chinese exchanges also support larger blocks based on the stances of the Chinese pools that are owned by the same entities).

It is only the blockstream core devs, who work for a company who can only possibly turn a profit if transaction fees skyrocket, as well as the one person who can effectively control the public conversation about the block size, preventing many "normal" people from being well informed (although this really does not matter because most normal people's opinions are not going to matter in terms if the economy accepts a fork or not).


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on July 06, 2016, 05:29:28 PM
LOL

lauda... HF live working BITCOIN implementations have been publicly available for MONTHS!!!
segwit is not publicly available for any BITCOIN implementations

emphasis: hard fork implementations have been running and validating bitcoin blocks, transactions and relaying data for months.

stop pretending that segwit is better when it has not even touched the 7 years of bitcoin data or even live relayed tx data today. and has only handled altcoin(segnet/testnet) data.
please give your bias and exaggerating mindset a break.

as for thinking miners are going to hard fork before they see a large user uptake, your wrong.. think hard and long about orphans and loss of income before pretending that miners are going to do it.

the more worrying thing is that your "friends" one minute say HF's are bad.. then suddenly invent a different hard for that ruins security totally change many things just out of spite.. (research sha3)

it is funny they try one minute saying they wont 2mb because they dont like hard forks, and then suggest doing a hardfork just to punish anyone that wants 2mb by rendering asics useless.. rendering difficulty weak and rendering the blockchain primed to be 51% attacked or worse.

no go do some research or put your mind to bed


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BillyBobZorton on July 06, 2016, 05:36:56 PM
Classic developers are trash, so are all the rest of hard forking attempts compared to Core developer team. It's suicide to switch to any other team so when it's all said and done they will not do it.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: helloeverybody on July 06, 2016, 05:39:54 PM
Why dont core just implement the hard fork themselves instead of messing about with segwit, Sometimes its better just to accept defeat and admit your wrong. There seems to be a lot of support from older members of the community who openly support a blocksize increase. If core where to implement this then surely it would be the best scenario?


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: adamvp on July 06, 2016, 05:48:44 PM
I am not quite sure if block limit increasing to 2mb is good..
Look:
http://www.coindesk.com/1mb-block-size-today-bitcoin/


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: BillyBobZorton on July 06, 2016, 05:50:20 PM
Why dont core just implement the hard fork themselves instead of messing about with segwit, Sometimes its better just to accept defeat and admit your wrong. There seems to be a lot of support from older members of the community who openly support a blocksize increase. If core where to implement this then surely it would be the best scenario?
Because they aren't wrong. The correct thing to do is deploy segwit first then study the scenario after a while. The problem is a bunch of people that don't know anything about all of this work get involved in the discussion. Bitcoin will not become a centralized node mess no matter how much some idiots cry about wanting bigger blocks.

I am not quite sure if block limit increasing to 2mb is good..
Look:
http://www.coindesk.com/1mb-block-size-today-bitcoin/

It's a stupid idea. Only idiots and people with agendas to get rid of Core devs support a block size increase in the near future.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: The00Dustin on July 06, 2016, 06:05:59 PM
I am not quite sure if block limit increasing to 2mb is good..
Look:
http://www.coindesk.com/1mb-block-size-today-bitcoin/
Definitely a biased article.  Writer starts out with "decentralization is sooo important" but then uses that as his argument for supporting segwit and lightning being better solutions than big blocks.  However, segwit encourages pretend decentralization (if you don't have the witness data, you aren't protecting the network's data) and things like lightning require gatekeepers that are even more centralized still.  I'm not saying centralizing microtransactions off-chain is a problem, but the argument that decentralization is so important that we should centralize stuff is not a very good one.  If the concern was really with centralization, the answer would be pruning, but attackers could easily fight against pruning with spam, and even if that wasn't a possibility, years of misuse of the blockchain as permanent data storage has lead to the opinion that pruning isn't an option.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: Lauda on July 06, 2016, 08:16:46 PM
The "ridiculous plan" (or some derivative thereof) is supported (https://blog.blockchain.com/wp-content/uploads/2015/08/Industry-Block-Size-letter-All-Signed.pdf) by ~the entire Bitcoin economy (note that the Chinese exchanges also support larger blocks based on the stances of the Chinese pools that are owned by the same entities).
That statement is ignorant and those companies surely don't represent "~ the entire Bitcoin economy". BIP101 is one of the worst proposals that I've seen so far. Should I mention that the creator of this BIP either was not aware or forgot to address the problem of quadratic validation time (I don't recall added limitations) which just shows how 'competent' they are (in addition to 'how much testing they've done'). Additionally, the grace period on that BIP is horrible. Ask any experienced engineer who has worked on large scale systems about the time required for infrastructural upgrades.

It is only the blockstream core devs, who work for a company who can only possibly turn a profit if transaction fees skyrocket, as well as the one person who can effectively control the public conversation about the block size, preventing many "normal" people from being well informed (although this really does not matter because most normal people's opinions are not going to matter in terms if the economy accepts a fork or not).
Propaganda bullshit as always.

Classic developers are trash, so are all the rest of hard forking attempts compared to Core developer team. It's suicide to switch to any other team so when it's all said and done they will not do it.
Maxwell has made a comment about those 'experienced developers' in a post found here (https://www.reddit.com/r/btc/comments/4mb6f8/classics_developers_are_almost_completely/d3u3on3?st=iqbbl1rk&sh=6b3c0732).

However, segwit encourages pretend decentralization (if you don't have the witness data, you aren't protecting the network's data) and things like lightning require gatekeepers that are even more centralized still. 
Lightning does not require (definitely not the right word) gatekeepers, it is just more optimal to use them (i.e. hubs). Think of it as a system that provides 'path-finding' for payment channels.

I'm not saying centralizing microtransactions off-chain is a problem, but the argument that decentralization is so important that we should centralize stuff is not a very good one. 
The Bitcoin blockchain remains decentralized and Lightning can not have an negative affect on that. The possible centralization of Lightning is another topic.


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: franky1 on July 06, 2016, 08:22:17 PM
I am not quite sure if block limit increasing to 2mb is good..
Look:
http://www.coindesk.com/1mb-block-size-today-bitcoin/
Definitely a biased article.  
agreed especially when the article tries to say segwit is better but never actually goes to say how segwit works out.
so here is my rebuttal

lol "2mb is bad" for ~5000tx right??
lets look at segwit to compare
but 2.8mb for 350tx good? (https://segnet.smartbit.com.au/block/000001d950f2801b6539d62aaa71a52bce131d437d22fdbb182e332eb21cc1cf)
but 2.8mb for 350tx good? (https://segnet.smartbit.com.au/block/000000ddf050de21b895ff687102211806ef2322143c1bea2638490e696f6e56)
but 2.7mb for 655tx good? (https://segnet.smartbit.com.au/block/00000056a6d930e62f81108f43b490931c9722a324a71b7e959fd03fb6be0580)
but 2.7mb for 798tx good? (https://segnet.smartbit.com.au/block/0000000077e62f36a6e2e748cca6f5cd543ce3d1aa29ee83f1cfd584c6fad078)
but 2.8mb for 350tx good? (https://segnet.smartbit.com.au/block/0000019cf0e635db7bc894f1006369f128132e5e938857d99396309c9b1c99ee)
um.. no

you have got to laugh at that articles lack of understanding
"which streamlines the way blocks process transactions and increases efficiency without increasing block size."
they have no clue


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: AliceGored on July 07, 2016, 06:07:51 AM
Hey, a Core dev, and altcoin founder, Mark Friedenbach, has confirmed:

The HK Agreement was a Farce: "Haha"

https://i.imgur.com/yJTaHQt.pnghttps://i.imgur.com/bHEwyyr.png

Quote
Segwit was merged into Core already. There will be a point release after 0.13 which enables it. You can read about the plan for segwit deployment here:
https://bitcoincore.org/en/2016/06/24/segwit-next-steps/
The HK "consensus" was a farce signed by only a few developers. Nobody that wasn't there has any intention of following through on it.

I know of no hard fork proposal that could achieve consensus on that timeframe, no.
Maybe a magical fix-everything solution will be invented tomorrow (it's possible), but even that would require 6+ months of effort to get it in Core, and another full year or more to deploy, since we're talking about a hard fork. So the timeline doesn't make sense even if one assumed there was an acceptable solution (there isn't).
EDIT: The devs that signed the HK document aren't liers. They promised code availability 3 months after, which is when I would start the timeline I described above.





Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: beastmodeBiscuitGravy on July 07, 2016, 09:47:58 PM
https://i.imgur.com/3jMmhac.png
https://i.imgur.com/Ws6K6zz.png


Title: Re: Chinese Miners Revolt, Announces Plan to Hard Fork to Classic
Post by: dwdoc on July 10, 2016, 10:53:36 PM
http://www.coindesk.com/bitcoin-industry-seeking-bridge-scaling-divide-july-meeting/