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Title: "Bitcoin" Unlimited Officially #REKT Post by: iCEBREAKER on April 06, 2017, 12:50:37 PM The Bitcoin Civil War has suddenly come to a stunning surprise conclusion. It's all over except for the shouting and crying. tl;dr Bitmain is ripping off the network by secretly faking proof of work, and blocking segwit because it will stop their rent-seeking strategy of covert cheating. [bitcoin-dev] BIP proposal: Inhibiting a covert attack on the Bitcoin POW function Gregory Maxwell greg at xiph.org Wed Apr 5 21:37:45 UTC 2017 A month ago I was explaining the attack on Bitcoin's SHA2 hashcash which is exploited by ASICBOOST and the various steps which could be used to block it in the network if it became a problem. While most discussion of ASICBOOST has focused on the overt method of implementing it, there also exists a covert method for using it. As I explained one of the approaches to inhibit covert ASICBOOST I realized that my words were pretty much also describing the SegWit commitment structure. The authors of the SegWit proposal made a specific effort to not be incompatible with any mining system and, in particular, changed the design at one point to accommodate mining chips with forced payout addresses. Had there been awareness of exploitation of this attack an effort would have been made to avoid incompatibility-- simply to separate concerns. But the best methods of implementing the covert attack are significantly incompatible with virtually any method of extending Bitcoin's transaction capabilities; with the notable exception of extension blocks (which have their own problems). An incompatibility would go a long way to explain some of the more inexplicable behavior from some parties in the mining ecosystem so I began looking for supporting evidence. Reverse engineering of a particular mining chip has demonstrated conclusively that ASICBOOST has been implemented in hardware. ==Motivation== Due to a design oversight the Bitcoin proof of work function has a potential attack which can allow an attacking miner to save up-to 30% of their energy costs (though closer to 20% is more likely due to implementation overheads). Timo Hanke and Sergio Demian Lerner claim to hold a patent on this attack, which they have so far not licensed for free and open use by the public. They have been marketing their patent licenses under the trade-name ASICBOOST. The document takes no position on the validity or enforceability of the patent. There are two major ways of exploiting the underlying vulnerability: One obvious way which is highly detectable and is not in use on the network today and a covert way which has significant interaction and potential interference with the Bitcoin protocol. The covert mechanism is not easily detected except through its interference with the protocol. In particular, the protocol interactions of the covert method can block the implementation of virtuous improvements such as segregated witness. Exploitation of this vulnerability could result in payoff of as much as $100 million USD per year at the time this was written (Assuming at 50% hash-power miner was gaining a 30% power advantage and that mining was otherwise at profit equilibrium). This could have a phenomenal centralizing effect by pushing mining out of profitability for all other participants, and the income from secretly using this optimization could be abused to significantly distort the Bitcoin ecosystem in order to preserve the advantage. Reverse engineering of a mining ASIC from a major manufacture has revealed that it contains an undocumented, undisclosed ability to make use of this attack. (The parties claiming to hold a patent on this technique were completely unaware of this use.) On the above basis the potential for covert exploitation of this vulnerability and the resulting inequality in the mining process and interference with useful improvements presents a clear and present danger to the Bitcoin system which requires a response. Quote from: https://medium.com/@cincinnati/bitmains-chickens-have-come-home-to-asicroost-3af92495e02 If you’re a longtime Bitcoin user this should piss you off. It doesn’t matter whether you’re a “big blocker” or “small blocker”—a silly distinction in my book, in the long run everyone admits we’ll need bigger blocks, it’s just a matter of when we’ll get there. They have purposefully misled the Bitcoin community, championing false causes just to keep their temporary mining advantage at the expense of necessary upgrades to keep Bitcoin competitive. "You fought in the Blocksize Wars?" "Yes, I was once a Bitcoin Wizard, the same as your father." https://i.imgur.com/SkFSD04.jpg #rekt Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Xester on April 06, 2017, 01:03:37 PM Is this really the end for bitmain and Bitcoin Unlimited? Are they really cheating and doing something unwanted against the bitcoin system? These are just some of the questions I would like to search for but eventually all I can see in the forum was the collision of groups and that BU and bitmain were the evil empire trying to take and invade bitcoin country.
Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: DGulari on April 06, 2017, 01:06:26 PM Is this really the end for bitmain and Bitcoin Unlimited? Are they really cheating and doing something unwanted against the bitcoin system? These are just some of the questions I would like to search for but eventually all I can see in the forum was the collision of groups and that BU and bitmain were the evil empire trying to take and invade bitcoin country. It is more dirty nonsense by the Blockstream bastards who want to own Bitcoin for themselves. Sort of a last desparate attempt to regain some lost ground. Don't worry, it won't work. Nobody is fooled. Jihan should hash away as best as he can and so should anyone else. If he boosts his ASIC, so be it. Totally fair. The others can boost theirs too. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: aarturka on April 06, 2017, 01:12:50 PM remarkably, markets react very possitively on the recent disclosure of con Jihan's schemes. Investors anticipate the disgraceful end of BTU :)
Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: aarturka on April 06, 2017, 01:18:26 PM It is more dirty nonsense by the Blockstream bastards who want to own Bitcoin for themselves. Sort of a last desparate attempt to regain some lost ground. Don't worry, it won't work. Nobody is fooled. Jihan should hash away as best as he can and so should anyone else. If he boosts his ASIC, so be it. Totally fair. The others can boost theirs too. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: iCEBREAKER on April 06, 2017, 01:23:50 PM Is this really the end for bitmain and Bitcoin Unlimited? Are they really cheating and doing something unwanted against the bitcoin system? These are just some of the questions I would like to search for but eventually all I can see in the forum was the collision of groups and that BU and bitmain were the evil empire trying to take and invade bitcoin country. This will provide the answers you seek: https://medium.com/@cincinnati/bitmains-chickens-have-come-home-to-asicroost-3af92495e02 Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Paashaas on April 06, 2017, 02:00:16 PM I love youre firework pic Icebreaker, i always knew someday this disgusting hostile take over will end like that.
https://i.imgur.com/1IpSTq4.png Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: paul gatt on April 06, 2017, 02:14:41 PM Maybe they were really cheating, maybe they were jealous of bitcoin, so they did it against bitcoin. That is a very bad and evil thing. Perhaps this is the end of bitcoin unlimit, there is no longer anything to believe in it. BU is like an aggressor trying to take over fertile land, which has existed and developed for a long time, bitcoin is its name. A great effort, with careful planning and meticulousness, however, it can not succeed, they can not complete the mind, and the secret has been exposed. Great, let's celebrate those bitcoin lovers.
Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: mindrust on April 06, 2017, 02:18:59 PM So what can an average bitcoin user do about this?
We already don't like retarded Jihan and his lapdog. We don't buy their products (or we can't), we don't want any fork to be happened, yet Wutang still owns the majority of the hashpower. I mean we know that they malicious to the community, but are they going to get away with this scam? Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: manselr on April 06, 2017, 02:30:32 PM Jihan Wu's reputation is objectively over, but make no mistake! /r/btc braindead morons will defend Jihan, Roger and BU until the end. No amount of facts will make them change their minds. They are part of a brainwashed cult.
Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: cr1776 on April 06, 2017, 02:31:33 PM Is this really the end for bitmain and Bitcoin Unlimited? Are they really cheating and doing something unwanted against the bitcoin system? These are just some of the questions I would like to search for but eventually all I can see in the forum was the collision of groups and that BU and bitmain were the evil empire trying to take and invade bitcoin country. It is more dirty nonsense by the Blockstream bastards who want to own Bitcoin for themselves. Sort of a last desparate attempt to regain some lost ground. Don't worry, it won't work. Nobody is fooled. Jihan should hash away as best as he can and so should anyone else. If he boosts his ASIC, so be it. Totally fair. The others can boost theirs too. Before commenting one should at least be conversant with the topic. Clearly you are not, and clearly you are fooled. I would give you some links about what "boosts his ASIC" is, but if you search on "ASICBOOST" and "patent" you might learn something about it in general and then look at the difference between overt and covert usage. If you truly want bitcoin mining to be centralized, then please use fiat. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: K128kevin2 on April 06, 2017, 02:34:00 PM I love youre firework pic Icebreaker, i always knew someday this disgusting hostile take over will end like that. Yep, I wish they'd fork off into ChinaCoin to leave our precious chain alone.https://i.imgur.com/1IpSTq4.png Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: ahmedjamal1998 on April 06, 2017, 02:56:49 PM All that I've ever known about BU is through the forums here and all I got about it is that it's the evil thing whose owner is trying to take over the bitcoin world somehow.
Reading this makes so much sense for me now. So he was exploiting smth , and getting ppl on his side making them believe that his project is better but in fact he's ripping everyone off. Looks like an amazing Hollywood movies. ;D :D http://bitcoinworldtour.org/wp-content/uploads/2015/06/Coming-Son.png Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Carlton Banks on April 06, 2017, 03:00:45 PM So what can an average bitcoin user do about this? Hopefully, the preventative change to remove the closed-source ASIC Boost advantage (currently in a work in progress) will reduce Bitmain's hashrate enough to push Segwit above a 51% signalling rate. No miner likes the orphaning risk that 51% signalling of any BIP represents, so BIP 9 (Segwit) might get enough of a boost from the Anti-ASIC Boost BIP that Bitmain will lose 20-30% of their hashrate, and Segwit signallers will fill the gap. With Segwit at over 30% now, I would expect alot of the miners and pools who represent the holdouts to finally get on board (node support is now over 60%). And maybe even former BU miners/pools will switch, now that BU is officially dead in the water. That makes the prospects for 51% Segwit acceptance pretty good today, so even UASF might be unneeded, the miners might yet activate Segwit. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: franky1 on April 06, 2017, 03:13:38 PM Hopefully, push Segwit above a 51% signalling rate. oh just to point out something meanwhile bitcoins segwit 31% block flagging is only temporary due to a hack expect it to drop back down below 30% in the next fortnight https://twitter.com/f2pool_wangchun/status/848582740798611456 Quote Wang Chun @f2pool_wangchun Someone hacked major mining operations and their stratum had been changed from antpool, viabtc, btctop to us. Our hashrate doubled instantly 10:07 am - 2 Apr 2017 https://i.imgur.com/TbBF7PW.png Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: lurker10 on April 06, 2017, 03:19:56 PM tl;dr Bitmain is ripping off the network by secretly faking proof of work, and blocking segwit because it will stop their rent-seeking strategy of covert cheating. So the blocks that Bitmain creates are fake by the Bitcoin protocol standards? Wow. Congratulations, you've reached a new low in lying. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Slipknot79 on April 06, 2017, 03:40:40 PM Oh well, it's all a facade, the more this pantomime continues the weaker bitcoin seems.
Let's stop with these pathetic threads and carry on. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Meuh6879 on April 06, 2017, 03:49:58 PM We don't have problem here.
http://imagizer.imageshack.us/a/img922/3264/nx2yA3.png Look, it's a star ... it's BU fail event. http://imagizer.imageshack.us/a/img922/6136/fBXrsK.jpg Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: franky1 on April 06, 2017, 03:54:27 PM i think your spider is going in circles around the web. its counting the same nodes over and over. but hey, you used colour. so that it can gain attention and make the sheep smile Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Kprawn on April 06, 2017, 04:00:43 PM The most shocking thing about this is --> " $100 million USD per year could have been earned extra through this exploit. I think the other mining
pools can really feel pissed off with this "cheating" going on in the mining scene. The real loss is the people who exploited the whole standoff by spamming the network and chasing new adopters away. >:( Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Thatstinks on April 06, 2017, 07:01:26 PM The most shocking thing about this is --> " $100 million USD per year could have been earned extra through this exploit. I think the other mining pools can really feel pissed off with this "cheating" going on in the mining scene. The real loss is the people who exploited the whole standoff by spamming the network and chasing new adopters away. >:( Can you explain how faking blocks made him $100M? Break it down please :) Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Killerpotleaf on April 06, 2017, 07:14:06 PM The most shocking thing about this is --> " $100 million USD per year could have been earned extra through this exploit. I think the other mining pools can really feel pissed off with this "cheating" going on in the mining scene. The real loss is the people who exploited the whole standoff by spamming the network and chasing new adopters away. >:( Can you explain how faking blocks made him $100M? Break it down please :) he doesnt fake blocks he kinda reuses hashes from current block on future blocks, and this isn't a problem, so he found a neat way of finding blocks slightly faster.. so what. the problem is hes neat way of finding blocks depends some of the blockheaders bits somwhere to be changed and the block still be vlaid, but that in and of itself isn't the problem.. the problem segwit code inadvertently breaks he's neat thing-ama-bob. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: andron8383 on April 06, 2017, 07:24:57 PM *** the problem segwit code inadvertently breaks he's neat thing-ama-bob. *** Whole patent thing around bitmain is like cancer in open society. This is great exaple where leads centralization in mining of you allow such stuf you will definietly end with one single miner who don't give afuck to BITCOIN at all. BU miners just count on higher fees and advatage in mining nothing else matters they don't want fix bugs anything this is cancer that have to be cut uot of system to move forward. I think that UASF with 80% nodes + 55% hashrate and we wil move BTC to segwit area. Lets force that segwit and end whole drama, leter with internet progress we can build bigger blocks in tempo that wopuld not kill BTC nodes. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: franky1 on April 06, 2017, 07:39:32 PM and now the burst your bubble moment
ASICS have been around alot longer than segwit has. trying to assume that asics were hard programmed to actively attack segwit is like blaming a caveman for something invented much much later. let me guess Jihan has a time machine and seen october 2016's segwit code and and went back in time to 2015 and started building the blueprints for the s9 specifically to hurt segwit p.s im using gmaxwells announcement of him reverse engineering a chip... (before you propaganda twist it into being about software) afterall your all complaining about bitmain (hardware company) not CGminer (software company) kind of funny hardware and cgminer developed befor segwit:bitcoin was even released is suddenly.. 6 months into segwit deadline a "sudden threat" yawn gmaxwel has $70m debt to repay and is actually looking to for any reason to split the network. afterall he did ask nicely early on What you are describing is what I and others call a bilateral hardfork-- where both sides reject the other. and has slowly got more and more desperate each week closer it gets to the deadline when he is suppose to offer something to appease his VC masters.I tried to convince the authors of BIP101 to make their proposal bilateral ... Sadly, the proposals authors were aggressively against this. The ethereum hardfork was bilateral, probably the only thing they did right-- meanwhile other implementations plod along for the last 2 years + making no threats no deadlines and no timebomb or PoW nukes.. time to say blockstream are getting REKT. all them real independant core devs. maybe its time to maintain core without blockstream reliance because blockstream wont be around forever Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Meuh6879 on April 06, 2017, 08:03:05 PM We don't have problem here. -snip- i think your spider is going in circles around the web. its counting the same nodes over and over. but hey, you used colour. so that it can gain attention and make the sheep smile You're Welcome and have fun. https://bitcoinmagazine.com/articles/increased-politicization-bitcoin-mining-distraction/ Quote But Miners Don’t Control Bitcoin The main issue with the concept of mining pools choosing to promote a specific vision for Bitcoin’s consensus rules is that these actions have no bearing on what will happen once a new, forked version of Bitcoin is available to trade against the original version of Bitcoin. While miners can indicate their support for a specific proposal, it’s the users who will decide whether a successful hard fork has happened, an altcoin has been created or the new version of Bitcoin has any support at all. On top of that, it is oftentimes difficult to tell the difference between a hard fork and an altcoin at first glance. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: ebliever on April 06, 2017, 08:45:41 PM The most shocking thing about this is --> " $100 million USD per year could have been earned extra through this exploit. I think the other mining pools can really feel pissed off with this "cheating" going on in the mining scene. The real loss is the people who exploited the whole standoff by spamming the network and chasing new adopters away. >:( Can you explain how faking blocks made him $100M? Break it down please :) As mentioned above it is not faking blocks, the $100M comes from the ~30% efficiency gain. (ref. https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2017-April/013996.html) This looks like a ballpark figure based on the 12.5 BTC mining reward at current prices. This has been screwing every miner besides BitMain, screwing every user through higher fees thanks to their mining empty blocks (not to mention creating artificial scarcity leading to negative press coverage because these empty blocks), screwing Bitcoin's price and progress by blocking SW/LN because it conflicted with ASICBoost... I doubt there are any honest supporters of BU left at this point on these forums, outside of paid shills and BitMain insiders. There is just no possible case for legitimate support of them, and if you look at their posts they are not making a legitimate case - just blame-shifting, changing topics, denying, trying to turn tables and otherwise avoid what has become undeniable. They imagine that through sheer volume they can change our minds or change the situation they find themselves in. Really, they are just pissing us off more and more. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: andron8383 on April 06, 2017, 08:56:41 PM *** They imagine that through sheer volume they can change our minds or change the situation they find themselves in. Really, they are just pissing us off more and more. That is why i belive there is only way with UASF with like 51%... and let BU have own form where bitmain will be king of the hill :)... Miners are form mining not choosing BTC path IMO. Is better to have action like ETH/ETC than stay in deep shit forever. Better chain will win and market will chose better one. IF core of BU fails we will move forward. With SF we can form as much we want and improve. With HF there is no way back. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: felipehermanns on April 06, 2017, 09:34:57 PM I love youre firework pic Icebreaker, i always knew someday this disgusting hostile take over will end like that. https://i.imgur.com/1IpSTq4.png ;D ;D ;D ;D where is those paid BUG COIN supporters? come on guys, don't be shy, shout out here your technical big texts, cry like a kid, BU just piss off, no one wants you Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: ebliever on April 06, 2017, 10:42:20 PM *** They imagine that through sheer volume they can change our minds or change the situation they find themselves in. Really, they are just pissing us off more and more. That is why i belive there is only way with UASF with like 51%... and let BU have own form where bitmain will be king of the hill :)... Miners are form mining not choosing BTC path IMO. Is better to have action like ETH/ETC than stay in deep shit forever. Better chain will win and market will chose better one. IF core of BU fails we will move forward. With SF we can form as much we want and improve. With HF there is no way back. Yeah, I'd love for BU to get their own coin at this point (preferably after getting them to follow through with trades like Loaded offered so that they have no more BTC), just to watch it crash and burn like the Hindenburg. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: iCEBREAKER on April 06, 2017, 11:26:24 PM tl;dr Bitmain is ripping off the network by secretly faking proof of work, and blocking segwit because it will stop their rent-seeking strategy of covert cheating. So the blocks that Bitmain creates are fake by the Bitcoin protocol standards? Wow. Congratulations, you've reached a new low in lying. Nobody said Bitmain blocks are fake. Your lack of understanding is confusing you. Try reading the entire GMAX post, if you can handle the deep dive and want to learn about exactly where/how/why Bitmains's (fake) PoW becomes real blocks. Or if you want to remain casual, the Medium article I quoted is an excellent walk-through for the less technical. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: franky1 on April 07, 2017, 12:15:02 AM tl;dr Bitmain is ripping off the network by secretly faking proof of work, and blocking segwit because it will stop their rent-seeking strategy of covert cheating. So the blocks that Bitmain creates are fake by the Bitcoin protocol standards? Wow. Congratulations, you've reached a new low in lying. Nobody said Bitmain blocks are fake. Your lack of understand is confusing you. Try reading the entire GMAX post, if you can handle the deep dive and want to learn about exactly where/how/why Bitmains's (fake) PoW becomes real blocks. Or if you want to remain casual, the Medium article I quoted is an excellent walk-through for the less technical. "fake "pow" sorry but tha SHA's work they calculate fine. whats next libsecp256k1's validation is fake validation. whats next go further back in history and claim ATI's GPU effiency is fake compared to Geforces less efficient gpu mining. dueing the GP hash race of 2011-2013 whats next call anything created prior to segwit an exploit /intentional attack on segwit, even if that older item was built way before segwits existence. rather than admit gmaxwell only realised last month that segwits soft bypass ran into an issue. and the only solution to get around it is to finally have a usernode consensus upgrade afterall.. but hell no gmaxwel proclaims jihan went back to 2015 made an asic specifically to target software that months later was only theory and 2 years later was not even activated Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Quantus on April 07, 2017, 12:21:42 AM The Bitcoin network has ass cancer and its name is Jihan Wu.
I use to think the fake transactions mining pools in China were creating were to push a false narrative for larger blocks but maybe I was wrong. Mining pools are using fake transactions to boost efficiency somehow. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: franky1 on April 07, 2017, 12:35:52 AM The Bitcoin network has ass cancer and its name is Jihan Wu. I use to think the fake transactions mining pools in chain were creating were to push a false narrative for larger blocks but maybe I was wrong. Mining pools are using fake transactions to boost efficiency somehow. "fake transactions to boost efficiency".... just done some quick maths antpool being bad guys is DEBUNKEDhttps://i.imgur.com/ZKezFqU.png * stats at time of post hmm looks like BTCC and F2pool are the ones making more blocks than their hash % not the other way round *for those wishing to question the numbers https://i.imgur.com/5iZGMB9.png antpool would have over 40% of blocks with of the 4 pools selected while only having mid 35% hash of the 4 pools selected if they were playing funny games. in short BTCC are actually solving more blocks then expected.. not antpool. next oh the fake tx's to push the need for a feature.. https://blockchain.info/charts/mempool-count?timespan=1year note the spikes.. one quick drama period in june july.. and then prolonged spikes after october.. hmmm now what proposals needed to be pushed through during those dates.. oh yea, csv in june/july.. and segwit after october. seems like its the blockstreamists that wanted to create mempool drama to persuade people to think their features were needed... the timing cannot lie hmm whats next oh, segwit getting 50% mining signallying a couple days ago which people assume is guaranteed rise in flagging... well even f2pool was good enough to have morals to admit something meanwhile bitcoins segwit 31% block flagging is only temporary due to a hack expect it to drop back down below 30% in the next fortnight https://twitter.com/f2pool_wangchun/status/848582740798611456 Quote Wang Chun @f2pool_wangchun Someone hacked major mining operations and their stratum had been changed from antpool, viabtc, btctop to us. Our hashrate doubled instantly 10:07 am - 2 Apr 2017 https://i.imgur.com/TbBF7PW.png Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: iamTom123 on April 07, 2017, 01:45:11 AM Is this really the end for bitmain and Bitcoin Unlimited? Are they really cheating and doing something unwanted against the bitcoin system? These are just some of the questions I would like to search for but eventually all I can see in the forum was the collision of groups and that BU and bitmain were the evil empire trying to take and invade bitcoin country. It is more dirty nonsense by the Blockstream bastards who want to own Bitcoin for themselves. Sort of a last desparate attempt to regain some lost ground. Don't worry, it won't work. Nobody is fooled. Jihan should hash away as best as he can and so should anyone else. If he boosts his ASIC, so be it. Totally fair. The others can boost theirs too. It is sad to learn of the kind of intense wrangling that happened to Bitcoin but am not surprised since Bitcoin has now become a big industry and we should expect different varying self-vested interests to come over some of them can be helpful to Bitcoin while some can be destructive. It is all up to the whole Bitcoin community to vet and exposed those people who are working only for their own selfish and greedy interest to the detriment of the Bitcoin. Will this be the last? I don't think so for as long as we are humans things like this can happen again and again and I hope that Bitcoin can survive anytime. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: iCEBREAKER on April 25, 2017, 09:28:50 PM Bitcoin Unlimited Suffers Biggest Node Crash On Record (https://cointelegraph.com/news/bitcoin-unlimited-suffers-biggest-node-crash-on-record) <SAD_TROMBONE.WAV> https://i.imgur.com/YA0BZ7w.jpg https://i.imgur.com/0ZYoiTW.jpg https://i.imgur.com/hNtJylf.jpg Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: franky1 on April 25, 2017, 09:34:43 PM "biggest node crash in history"
um you forget the core 2013 DB event hell because so many blockstreamist babies cry "why do i mention cores actual biggest boo boo of thousands of nodes" (for obvious reason) but anyway lets look at more recent numbers.. by actually counting the nodes drops in the image sources that icebreaker used https://i.imgur.com/ebddd6x.png so bu dropped 420 .. but wait.. core crashed 560 nodes on the 17th... hmmmm Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: gmaxwell on April 26, 2017, 12:07:44 AM um you forget the core 2013 DB event You mean the _day one_ bug in the software Satoshi wrote? Software prior to 0.8 would fork against _itself_. BU _intentionally_ forks like that as part of its design, they call it "emergent consensus" because the proper term of "consensus failure" is rightfully pretty scary... but wait.. core crashed 560 nodes on the 17th... hmmmm No it didn't. You're looking at spider restarts, not actual outages. Funny that you'd make this same "mistake" Bu previously did and got called out for https://www.reddit.com/r/Bitcoin/comments/61bkqe/the_astounding_incompetence_negligence_and/ Off the top of my head I can only recall exactly one straight up remotely triggerable crash that has ever existed in the Bitcoin codebase-- a divide by zero added via the bloom filtering extension that Hearn demanded be deployed far too hastily-- and it was found and fixed by the developers before any attacker every found and exploited it. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: The One on April 26, 2017, 12:33:25 AM The most shocking thing about this is --> " $100 million USD per year could have been earned extra through this exploit. I think the other mining pools can really feel pissed off with this "cheating" going on in the mining scene. The real loss is the people who exploited the whole standoff by spamming the network and chasing new adopters away. >:( How much extra $ has the miners made because of tx fees? This is down to G Max & co at Bitcoin Core keeping the blocksize at 1mb for 2 years longer than necessary. Yet many in the community want it to go up to 2mb now. For G Max to complain about $100m is nonsense. Core kept the fees high so miners can rake it in. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: gmaxwell on April 26, 2017, 12:36:30 AM his is down to G Max & Please show how I've "kept" anything at anything, or retract your slander.Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: The One on April 26, 2017, 12:41:03 AM *** the problem segwit code inadvertently breaks he's neat thing-ama-bob. *** Whole patent thing around bitmain is like cancer in open society. This is great exaple where leads centralization in mining of you allow such stuf you will definietly end with one single miner who don't give afuck to BITCOIN at all. BU miners just count on higher fees and advatage in mining nothing else matters they don't want fix bugs anything this is cancer that have to be cut uot of system to move forward. I think that UASF with 80% nodes + 55% hashrate and we wil move BTC to segwit area. Lets force that segwit and end whole drama, leter with internet progress we can build bigger blocks in tempo that wopuld not kill BTC nodes. What if a dishonest miner didn't upgrade? Will his ASICBOOST still work? 51% attack would be easier because other miners upgrading would have less hashing power. Bitcoin security would be threatened = BTC price going down. Have you ever thought about that? Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: The One on April 26, 2017, 12:54:07 AM This is down to G Max & co at Bitcoin Core Please show how I've "kept" anything at anything, or retract your slander.Not just you on your own 'obviously' - hence why i said, "This is down to G Max & co at Bitcoin Core." Seriously keep max blocksize at 1mb is insane. It should have went up 2 years ago. 1mb was a temporary measure. It is easier to increase the blocksize to 2mb now, then Core and BU can go back to the drawing board and find a better way. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: squatz1 on April 26, 2017, 11:04:27 AM Thank the fucking lord with all of this, I can't even begin to fathom the idea that BUG COIN, oh I'm sorry, BTU has actually lasted this long when it first came out that an issue in the code caused their nodes to all crash at the same time. I guess this is just another rude awakening to all the Chinese miners that are bought and paid for by Ver and Wu that they should just abandon this project.
The Bitcoin network has ass cancer and its name is Jihan Wu. I use to think the fake transactions mining pools in China were creating were to push a false narrative for larger blocks but maybe I was wrong. Mining pools are using fake transactions to boost efficiency somehow. Wu is a cancer and I would pray to god that one day he rains down upon Wu for taking all of the bitcoin community hostage in order for him to make some more money on his mining operation. Hope he gets it one day. Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: iCEBREAKER on May 04, 2017, 02:05:50 AM Bitcoin Unlimited Continues Losing Support as Node Count Suddenly Nosedives
http://bitsonline.com/bitcoin-unlimited-losing-support/ Quote A sudden plunge in the number of Bitcoin Unlimited nodes on the network has community members wondering if this controversial version of Bitcoin is on its deathbed. :D :D :D Title: Re: "Bitcoin" Unlimited Officially #REKT Post by: Paashaas on May 04, 2017, 02:32:41 AM BU is a dead man walking, it's only a matter of time when they give up.
Even bitco.in has turned into a ghost town, that was the only decent BU place. Reddit btc is one major shit hole and the last BU stronghold. |
