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I miss lambie. He was a class act.
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@solitude stop shilling eth, this is a Bitcoin thread
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That does not compute.
Advancements in asics does not equal higher value.
Silly fat man. New chip deployment = mewn... k? Meanwhile...  Come on in panicking global economy! The mempool's fine!  Look at all that spam from the ETH speculators!  Looks like solitudes anal beads. |
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@solitude Kudos for being consistently repulsive. You truly are a class A arsehole. Anyhew:  Now please. |
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That does not compute. Advancements in asics does not equal higher value. |
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Everybody back to their own echo chamber. This is srs.  Relax, man! Tune in to the gospel of Adam: |
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Best promotional video ever!!! |
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anyone else feeling increasingly bullish?
My monkey certainly is. All his reservations have melted away. That's a first. Any explanation? |
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Wow. The explosion of puss, poison, and vitriol seems to suggest some kind of boil has been lanced.
Crassic has failed, what's next now on the maximally FUD bitcoin agenda I wonder?
Do you realize like this you are FUDding as much? I liked the old marcus_of_augustus better, all the trolling got to you. i'm sure his ID has been compromised along with theymos, I used to respect the old marcus_of_augustus, he was an independent thinker. I'm sure the real Marcus would let us know if that happened. Marcus is just cranky and paranoid. |
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Well if the network is clogged up they'll have to react quickly at least! Takes 1 year from when you start to react quickly. problem is we've been debating why we don't need to start for since 2013. I don't care if Core has the most and/or best coders. This kind of bumbling clusterfuck should lead to the lot of them losing their status. Whether they were actively procrastinating or just keeping their heads down as cowards. The number of fucks given are rapidly approaching zero.
Those aren't mutually exclusive... in fact , transparency is one thing I'm advocating to deflect these types of attacks.
So if someone wants to support the network by running 10 HQ nodes with fiber, that's a problem in your mind? actually a 2MB block is about the same size as an average webpage over the last 2 years. It's not about bandwidth or capacity, its about control and investment FUD. the bitcoin network can handle the equivalent of 1 webpage every 10 minus. If one is concerned you should upgrade, this isn't 1995. The guy was claiming that running more than 1 node is a sybil attack. |
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Well if the network is clogged up they'll have to react quickly at least! No. They say it's not clogged up. Users are just being stupid for wanting to send transactions all at the same time. You know, like congestion charge around the time everyone needs to go to and from work. Why don't people just go to work at 2 am? Well if they don't react Classic is going to hit them hard that's for sure. Not anytime soon. Last word from Bitcoins russian and chinese miner overlords is that they support core. |
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Well if the network is clogged up they'll have to react quickly at least! No. They say it's not clogged up. Users are just being stupid for wanting to send transactions all at the same time. You know, like congestion charge around the time everyone needs to go to and from work. Why don't people just go to work at 2 am? |
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Crassic keeps failing like this means it should be at 1500 nodes next week?
There is a sybil attack occuring as we speak , and the sad thing is that many Classic supporters that are participating in the sybil attack have good intentions and not aware that they are weakening the security of our network. This isn't a Core vs Classic disagreement , because Core devs criticised when an exchange spun up 100 Core nodes... and rightfully so. The intentions of the person spinning up nodes is only is half the problem. If one person or company spins up many nodes that is indeed a sybil attack and weakens the security of our network regardless of their intentions. It centralizes nodes, gives a false signal to the network that its healthier and more decentralized than it actually is, an can be used as an attack vector if that individual is compromised(even if their intentions are well founded) . This has nothing to do with the implementation debate and everything to do with understanding the potential security implications of an individual spinning up more than one node. This should always be discouraged regardless of it being a core node, XT, node, Classic node, ect... 1 node per economic agent- whether it be a company, SPV wallet, individual, miner, ect.... 1 node each. There is no way of stopping someone creating more but this practice should be discouraged as it weakens bitcoin and is indeed a type of Sybil attack.
Some Bitcoiners actually prefer radical transparency to paranoid defensiveness. Think about it.
Those aren't mutually exclusive... in fact , transparency is one thing I'm advocating to deflect these types of attacks. So if someone wants to support the network by running 10 HQ nodes with fiber, that's a problem in your mind? |
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How's that purge going? Edit: (Not a collectivist purge at all, of course. A free and tree hugging, rainbow kissing anarchist purge.) |
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You don't have to take my word for it. Blockchain.info keeps a running calculation: https://blockchain.info/statscurrently running ~$7.09/transaction. Then either they're wrong too or they're taking more than electricity into account. 0.71J/GH is 2 year old gear. Most of the network is from the last 7 months with 0.25J/GH or lower. There is simply not produced enough inefficient gear on the entire planet to get the numbers you have. I believe that number is tx cost to the network as aggregate, which is basically (tx fees + block subsidy)/[# of tx] * [BTCUSD rate]. Cost to mine a block is a different issue, but would be harder to put a number to, since it depends on unknown variables. That makes sense. Thx! |
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What do you think would happen in a BJA Commiepocalypse situation? Most Bitcoin companies in China are as committed and decent as any bitcoiner (cue lambie), but I'm not comfortable with having to trust a socialist dictatorship to not interfere. They don't have to nationalize anything. That's what you do in a country when you are used to having to justify your actions. The chinese government will only have to make a few phone calls. I don't see why they would do such a thing, but again, I don't like having to trust them. true, but on the other hand if the chinese miners are cut off, basically nothing changes. diff maybe to high for a while but thats it. The best solution would be that they try to spread their hashing power on foreign pools. That way that can't be forced to do anything covertly. It strikes me as a bit odd that they haven't thought of this. At least if they understand what Bitcoin is about. |
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What do you think would happen in a BJA Commiepocalypse situation? Most Bitcoin companies in China are as committed and decent as any bitcoiner (cue lambie), but I'm not comfortable with having to trust a socialist dictatorship to not interfere. They don't have to nationalize anything. That's what you do in a country when you are used to having to justify your actions. The chinese government will only have to make a few phone calls. I don't see why they would do such a thing, but again, I don't like having to trust them. |
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wow something big going down..............no not fatmans pants,lol dunno if i should tell here or in PM to u guys....  Your reputation? |
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Besides, you didn't provide links last time. I asked a direct question while you were spamming the wo thread and you answered with waffle. 1st coin ive been buying for my basket...ETH, for many reasons, the contracts, IOT is here..samsung fridge and many more household devices going on the web. Then the ETH pos stage in sep. With btc mining going 1/2 (fud time) it could become too centralised ( this could affect most pow coins ) and miners/users will look to get coins another way...this could b the year pos goes mainstream.
$10+ for 1 eth by sep ....defo
if eth is added to one of the big exchanges...$20+ by sep
I haven't seen any such timeline on Casper (PoS). Links? cant find links, but do watch the videos for the info, theres soo much stuff going on this yr. DeMartino: You mentioned that at the end of 2016 is the time where you can last with the current funding when you get the cost down, what do you see is the most critical task for the Foundation to get done during that time? VB- "This is one of the things that I want to listen to the community to. What people in the community are basically saying [so far]. The top priority is making sure the protocol keeps getting developed and getting things like proof-of-stake and scalability and zero-knowledge proof upgrades out the door." http://coinjournal.net/vitalik-buterin-speaks-about-the-ethereum-foundation-proof-of-stake-and-more/heres a few new developments with eth http://www.coindesk.com/2016-blockchain-reality-deloitte/https://blog.slock.it/partnering-with-safeshare-to-create-the-ad-hoc-insurance-of-the-sharing-economy-77462163ab91#.at1uqea9vwhats this then?? ill tell you, its u asking and me trying to help u ungrateful fat......man,lol It was me giving you the benefit of doubt when everyone in the WO thread knows you're just there to spam alts. And you used the opportunity to not answer my question and spam some more instead. All I found that was even close to "the ETH pos stage in sep" was this: "DeMartino: Where do you see Ethereum in two years and where do you see cryptocurrencies in general?
Buterin: I’m hoping that we get proof-of-stake out the door and start getting good scalability alphas and things of that nature."And: "DeMartino: You mentioned that at the end of 2016 is the time where you can last with the current funding when you get the cost down, what do you see is the most critical task for the Foundation to get done during that time?
This is one of the things that I want to listen to the community to. What people in the community are basically saying [so far]. The top priority is making sure the protocol keeps getting developed and getting things like proof-of-stake and scalability and zero-knowledge proof upgrades out the door."This is not the same as "pos stage in sep". |
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