Bitcoin Forum
June 20, 2024, 10:14:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 [688] 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 ... 1472 »
13741  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 04, 2019, 02:10:53 AM
Maybe the other dev teams just need to raise their game a little?  Then more users might actually run their code.

after months and months. you keep on denying the same debate
that the main dev team instigated a ploy to push proper full nodes that were not following core off the network

you have become very boring now.
as for the second part of your post. you then flip flop to admit it. thus undoing your hard work of denying such.
so just stick with a flop or a flop.

gmax admitted he likes the idea of pushing opposers off the network
luke JR admits to being involved in it. there is no point defending them as if they had no part when they happily admit it.

atleast do your research on the falsality your trying to defend. also dont pretend that non-dev users got a choice in the mandate.. as it was all 'compatible' meaning no opt-in required.
as for the opt-out option. it was not a opt out to prevent activation. it was a opt out of the network.
learn the word 'mandated'


you need to learn what consensus is and why it made bitcoin what it was.
true consensus is not about 'forks' sorting it out. consensus is about if there is no agreement. nothing happens. no activation

learn how it solved the byzantine generals issue and how the core devs have literally broken down the consensus mechanism by bypassing it. and are now trying to say blockchains dont work
if you want to defend devs that dont care about bitcoin or the blockchain technology then go play around on normal database forums

but if you care about bitcoin and blockchains will you please do your research and drop your broken record. as your defending nothing by holding onto your echo chamber

any way.
you have become someone that does not care about bitcoin and you just want a social drama distraction.
so go watch some eastenders and be content with that social drama
13742  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 03, 2019, 02:01:49 PM
devs did make the decisions.

code didnt write itself. so users are only using code that devs create. thus users have limited decisions.
secondly devs implemented code in a way to throw opposers off the network. again this isnt some magic or some AI. its code wrote by devs

might be worth you talking to some devs and actually realise the devs you FAIL to defend are happy to admit their actions. which is where you are failing most.
all you seem to want to do is defend and kiss a devs ass, but you fail to realise that what you defending doesnt ned defending because devs are happy to admit their roadmap and plan

but hey. its obvious you dont want diversity, you dont want decentralisation. you prefer the single central team of 'distribution' and you definetly love the idea of locking funds up into more central custodians

so how about you get on with your life and do some research to actually learn whats really happening so you can stop flip flopping in and out of certain things. and then i wont have to yawn and laugh at your posts so much.

(i now expect yet another boring rhetoric from him or his buddies side tracking the topic to harp on about some other social drama.. so sorry folks for his boring interuptions)
13743  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 02, 2019, 10:51:29 PM
LN's design is to have blockstreams investors (DCG and digital garage) b the main factories/hubs/watchtowers. where they get the fee's from controlling routes and channel opening/closes. and its all because blockstream got paid over $100m and need to offer a solution to repay their investors.

you think they can generate hundreds of millions USD from lightning routing fees? at small fractions of a cent each, you must be really bullish on the lightning network's growth! Tongue

i only see a hub-and-spoke model developing to the extent that it's not cheaper to route around price gouging hubs. i don't think anyone will have that much success artificially pumping fees up.

its not about pumping fee's up. its about controlling more then one hop of a route
when someone makes a payment they are not paying just under 1 cent once. they are paying under 1 cent per hop. and if it takes 6 hops to get to another individual. thats 5x fees for DCG

...... or users can avoid factories and the inner branches surrounding coinbase and hope they can self broadcast their own independant channel open and connect to someone thats hopefully not more than 10 hops away from coinbase(which even so. they still end up paying DCG more than just 1x fee) once the payment gets to the fringe of the inner branches surrounding coinbase if the particular route has to go through the inner branches

imagine users setting up independant broadcasted channels.
to have a network where 1 million users are connected involves
hop:
each node being a full node, paying onchain fe's to open/close. AND have
3 channels(onchain fee's x3) and be possibly 20 hops away (upto 20LN fee's per payment)
5 channels(onchain fee's x5) and be possibly 10 hops away (upto 10LN fee's per payment)
7 channels(onchain fee's x7) and be possibly 8 hops away (upto 8LN fee's per payment)
11 channels(onchain fee's x11) and be possibly 6 hops away (upto 6LN fee's per payment)

would you want to split your funds up into 3-11 allotment and hope that all the nodes on a route are all online just to spend one of those allotments and then still be left with the burden of paying broadcast fee's to move allotments when closing/opening channels

..
play scenarios out in your mind. or use some pen and paper and actually run simulations (thus not having to risk actual spending)
you will shock yourself how many people end up choosing the convenience of just throwing all their funds into a custodian knowing they get convenient service. without the hassles..

eventually people give in and just play by the oligarchy game for convenience... and thats the point of their game

also ask yourself why do you think the blockstream devs removed the fee priority mechanism and instigated the fee war and really are pushing onchain fe's to be way over 10cents and hopes that $2 fee's become the norm by saying bitcoin is not fit to pay for coffee($3)
its because of these reasons
1. USERS with more than a few channels and set up as masternodes wont want to get paid just a few cents a day from their few channels. so fee's would be cheaper than onchain but wont remain sub pennies for long. it would end up being USERS that push fe's up for their "independant" routing

2. the commercial side will, due to the 'convenience' affect have many hundreds of thousands/millions of users(check out DCG's portfolio of companies) so add it all up.
if a oligarchy charge 0.1cent per hop with a system of being only 6 hops.=$0.006 per payment * million =$6k a day=$2m a year

now imagine with onchain fee's being $2 and greedy USERS wanting to charge 10cents. as its still 20x cheaper than onchain... meaning the oligarchy can outbid them at 3cents=$180k a day=$65mill a year
and thats just from 1million users making one payment a day..... think about it
imagine if you wanted to trade on coinbase and then arbitrage to circle and then arbitrage to another exchange all via LN.
thats 3 payments a day. which is only going to be cheapest/convenient by using the commercial factory/hub model
thats near on $200m a year DCG get from just 1million users

..
i know what your thinking next.
if a oligarchy can make $2mill a year. so can users, but no
many users are not paying other users. most transactions go into services. and as i shown before. those services are walled up by their own team of hubs and watchtowers.

knowing an independant hop model of users is 6-20 hops. for a user who has a 3cent fee per hop to make minimum wage of america. a user would need to have 200 payment looping through it an hour.
users wont have the funding to hot-potato 200 payments an hour and then pay onchain fee's to shift around the allotments per channel

so while the majority are 'convenience' using the commercial hub model. hardly anyone would be using the independent hop model as their destinations are not close by/cheap to reach/funded 24/7. as the only way to get near a service with low fee's is to use the system the service has set up
13744  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 02, 2019, 10:11:43 PM
Also, sometimes their multiple facility system is messed up, for example blockchain.info shows block 535510 was mined by antpool two times with 42s timestamp difference. Obviously one of them is orphan and they lost about 12.5BTC.

'lost'? 12.5
nope
they just didnt gain.
no one expects everyone to win(gain), and then have funds taken off them(lose it). it has always been the case that only 1 person gets the gain.. so those who dont get their block immortalised are not losers. as they were not promised/given anything to lose.. its just a 'better luck next time' thing

With average routing fees far below 1 cents? I doubt it unless developer went rogue and change the code which force all user make channel to investor node and user must route transaction through investor node with high fees just to send coins to another user.

what you dont realise is that with factories, hubs and watch towers. thats exactly how things will play out
to even gt within 4 hops of an exchange you would have to be one of their customers which is using them as a factory
imagine there is coinbase exchange they wont want millions of customers direct IP linking to them. so they will set up hubs around them to take the strain. also because millions of users wont want to be masternodes and just want to be mobile wallet apps. they will use watchtower servers to connect their apps to



now imagine people deposit real bitcoin to coinbase. and then coinbase write offchain/unconfirmed 12 decimal IOU transactions with their hubs. and the hubs make (12 decimal unconfirmed) transactions to the watch towers and the watch towers make them for the users.
so now the users have "funds". (12 decimal unconfirmed 3 levels away from blockchain UTXO) which the channel parties can agree on, because of the chain of unconfirmed 12decimals all lead back and can aggregate back to a UTXO with coinbase happily

now imagine a green user wants to pay a blue user.
count how many hops there are.
now imagine red, yellow and purple are all owned by DCG.
when someone makes a payment they are not paying just under 1 cent once. they are paying under 1 cent per hop. and if it takes 6 hops to get to another individual. thats 5x fees for DCG

then because its based on factory funded channels instead of broadcast funded, to open and close channels users pay their watchtower and hub and coinbase a fee to close. all for the convenience of not having to broadcast onchain. and then coinbase, its hubs and watchtower then re-write new offchain 12 decimal transactions to allow users to re-open new channels
so those red/yellow and purple get open/close channel fee's too...(in other words DCG gets paid 5x fee)

...... or users can avoid factories and the inner branches surrounding coinbase and hope they can self broadcast their own independant channel open and connect to someone thats hopefully not more than 10 hops away from coinbase(which even so. they still end up paying DCG more than just 1x fee) once the payment gets to the fringe of the inner branches surrounding coinbase if the particular route has to go through the inner branches

its the same "routing" as banking.(in america the links between banks are called routing numbers)
town banks link to regional banks which link to HQ. that way the HQ doesnt handle millions of customers direct, but each town bank(watchtower) manages ~8000 customers yet the real 'value' is held at the HQ(fortknox)

in the UK. banks dont care much about people swapping banks, because ultimately its all owned by either Bank of england or bank of scotland
in the UK. phone line providers dont care about people swapping providers, because ultimately its all owned by openreach
in the UK. gas providers dont care much about people swapping providers, because ultimately its all owned by transco
in the UK. electric providers dont care much about people swapping providers, because ultimately its all owned by transco

yea a few percent of cases will have independent channels. but when it
costs 10x+ fees due to many hops.
involves praying that the independent channels are online 24/7,
involves knowing it will cost you onchain fee's to closeout,
involves hoping the independent routes have funding to even allow payment hops..

eventually people give in and just play by the oligarchy game for convenience... and thats the point of their game
13745  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 02, 2019, 07:50:18 PM
@franky1

I like reading your posts even if I often disagree with you but you're too much against Blosckstream. Now how would be Bitcoin without it? A total mess maybe, what do you prefer?
Something I never understood from you is you still own bitcoins, knowing your opinion I wonder what do you expect so? Or you secretly moved to Btrash?

im not interested in the altcoins.

but also its not that devs get funded. its the actions that occur due to their funding.
it would have been better to not have a single team of devs funded by the same group. especially when that same group then make a roadmap, not just for their implementation, but for the direction the NETWORK should take. thats my issue

if core just wanted to be a level playing field implementation along side other brands. where core would have actually come to some united agreement with the community in 2015 about many different things we would have advanced the bitcoin network alot sooner and alot more diverse people would have seen alot more diverse features implemented.

did you know that at the original late 2015 meetings if core actually held onto a lengthy agreement of then a segwit2x proposition. blockstream would have got segwit implemented sooner AND the rest of the community would have got more utility for legacy transactions. other features would have/could have ben implemented too... but no. it had to be the blockstream paid devs way or no way. which then causes the community divides

w would have also seen many businesses not get segregated off the network, we would have seen less coders making altcoins but instead happily innovating bitcoin under their own full node brands. bitcoin would have been alot stronger and more united by having more diversity

there are literally hundreds of businesses in the crypto industry (thousands, but some are home/hobby business) so its not that hard for talented coders to find employment. but when the main devs are all circled into one group. and the so called 'innovations' of bitcoin do not positively affect bitcoin, but are done to promote alternative networks designed to push people off the bitcoin network. thats where i have issues

LN is a separate network for multiple coins. its not a bitcoin centric network. its only promoted as a bitcoin centric network purely for investment by screaming the word bitcoin in the same sentance as LN.
LN's design is to have blockstreams investors (DCG and digital garage) b the main factories/hubs/watchtowers. where they get the fee's from controlling routes and channel opening/closes. and its all because blockstream got paid over $100m and need to offer a solution to repay their investors. (ever wonder why there was a november segwit deadline and then a sudden price trigger event right at the dates blockstream got paid a tranche of funding the same week in 2017)

if the devs were more diverse where their idea's were more independent and not controlled by some sugar daddy investor. things would be different
13746  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: February 01, 2019, 09:06:08 PM
Bigger transaction costs or bigger costs on any way will keep costumers away, since costumers constantly search for the cheapest stuffs or for something different. Bitcoin can in fact have both but it still needs to mature.

yep.
as i said before the social drama queens meandered in
instead of everyone paying a 'average' fee
if someone wanted to respend funds every 10 minutes then each of their transactions should be 144 more than someones transaction who only spends once a day. (yes its possible)
the advantage being.. even for the social drama meander group. is that it incentivises the spammers to then use LN. (thus the social drama group can then celebrate they have actual customers to feed fee's from). meanwhile letting others remain using bitcoins network without being impacted by huge fee's

it also can b done by not having bloated features onchain. but going back to simple practical lean transactions. thus the byte per tx goes back down, which then allows more transaction count in.

it also can be done by removing the washy washy code of scale witness which has always been a stupid thing. thus allowing real utility of space instead of trying to hide/fudge the numbers

oh look. no mention of me saying block sizes need to grow by "tremendous volume". and yet these things will help adoption. and also transaction throughput beyond the 600k number thats been apparent since 2010
13747  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 01, 2019, 08:56:45 PM
Quote
Bitmain has controlled up to 50% of the mining (across multiple pools), makes 80% of the ASICs, and already messed with the BTC hash rate in late 2017.

It's not this simple. Bitmain operates a lot of hardware on behalf of clients, who can pull the plug at any time. The Bitcoin Cash war showed they have far less mining resources than previously thought.

Competition in the ASIC manufacturing sector would be welcome, though. Bitfury is still relevant, but GMO was a major disappointment and I've heard nothing good about Ebang. Who else is there? Any news on that horizon?

bitmain dont make the hardware.
comparison.. if bitmain was Asus. then TSMC would be AMD

bitmain dont control 50-80%
bitmain dont operate alot of hardware on behalf of clients
comparison.. if bitmain was a state the mining farms would be private land owner just paying taxes
13748  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 01, 2019, 08:50:08 PM
i can't see bitcoin mining is truly decentralized because pools makes DoS attempt easier.I also doubt some of those miners really care about decentralization as decentralization/P2P pool is exist.

there are 20+ pools
there is one main brand of node

even the top pool which people call bitmain is actually not one team. there are multiple facilities in multiple countries with multiple mindsets. did you know that the blocks tagged as just 'antpool' have half a dozen facilities. this can be fact checked by noticing the half a dozen DIFFERENT coin reward addresses they re-use. and also double fact checked because some of the facilities are accepting of segwit, some are not. which shos diverse management. and then when you geolocate th facilities you will see they are spread out over san fran, georgia, iceland, hongkong, mongolia

yet. when it comes to developers
one team called core. REKT campaigning any diversity off the network, mandating people follow cores roadmap or be found thrown off the network

but hey. if you think losing a couple transactions for an hour until they get reconfirmed by another block is a bigger threat than a dev team that implement changes without consensus.. then let that be your weakness in understanding the security of decentralisation
13749  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: February 01, 2019, 08:19:05 PM
as for your "buddies" you know who you are you all use the same lame excuses, same buzzwords,

Sounds like you're feeling left out because no one is using your inane buzzwords.  Despite how often you repeat them, they just don't seem to be catching on.  Also, anyone who understands Bitcoin might argue that decentralisation and security are not "lame excuses" and are actually fundamental to the Bitcoin's success and dominance of the market.  If you would happily sacrifice those important things for the sake of saving a couple of pennies on a tx fee, I'd say you're barking up the wrong tree using Bitcoin.  

1. i have no buzzwords. infact i have used your buddies buzzwords which you then foolishly social drama debate dont exist.
maybe its faster for you to talk to developers and get your echo chamber refreshed rather then just repeat your empty defenses. because what you are defending is comedy. the devs are happy to admit their actions so you trying to deny things happening is you defending an empty defense
2. putting funds into contracts with factories/hubs/counterparts is not decentralised. having to open channels and tie yourself to such where you can only operate when those ties are online and funded are not signs of decentralised. so your adoration of LN is not in a aim of decentralisation.
funny part is your more than happy to have millions of users having just phon apps connected to LN. knowing that LN factories would be masternodes.. yet you then flip flop argue that millions of users need to be full nodes of just one network
and how you believe that its impossible.
please take some time to do some research

3. your adoration of only wanting core to be the main team is also not a aim of wanting decentralisation. you have remained very confused for a couple years now thinking distributed nodes of the same brand=decentralisation. you need to learn what decentralisation really means
4. lowering fee's does not affect the security of the network. infact it raises the security. because if adoption grows then more people will want to use bitcoin and will actually have more diverse people not just using the distributed nodes of core. but also there would be different teams of developers making full nodes for bitcoin instead of altcoins. because they see the benefits of concentrating their talent on bitcoin rather than altcoins. thus adding brand diversity which increases decentralisation and reduces the chances of bugs that only affect one brand from impacting the entire network

the reason developers make altcoins is because of how hard it is to be a independent dev team on bitcoin.  
imagine how many teams and diverse full node brands there would be if the REKT campaigns and mandated rule changes never occured to push diversity off the network

Arguably, the problem stems from the way Bitcoin was promoted in the past.  It's not that lower fees would promote usage of Bitcoin, it's that Bitcoin was promoted by people on the basis that it had lower fees than sending international bank transfers with fiat.  Somehow that promotion has been warped to the point where some people think Bitcoin should have cheaper tx fees than the various altcoins out there, but that was never part of the deal.  

its not warped into cheaper fee's than altcoins. its warped into more expensive fee's than the unbanked billions of people can afford. thus the RESULT of such... is that people have decided to make altcoins that are cheaper and are able to actually innovate without the core command dictating over them
the real funny part is even the core devs that want to stifle bitcoin network growth are now themselves making alternative networks. .. that there is called shooting self in the foot. or atleast a planned roadmap to push people away from using bitcoin.
even you yourself would prefer less people using the bitcoin network. you want people to use lightning or liquid or other non-bitcoin networks

you cant continue to say you want a secure network and then go advertise insecure networks and state how bitcoin cant/wont scale and how other networks are the solution.. that there is your flip floppy hypocrisy/greed of only caring about your empty and dreaming mindset that oneday you will get rich from these other networks. sorry you wont get rich from them. so put your greed aside and research the reality beyond your echo chamber, as i feel the only time you will take a step back and do some real research is when you put your greedy dreams of LN riches aside

just admit it. your echo chamber has told you that the solution to 'full node costs' is to make a separate network where full node users can make money.. and that is the the only thought that runs through your head

Say whatever you want.  We're abundantly clear about the part where you don't know how to stop, even when it's obvious you're wrong.  So by all means keep spouting crap and we'll keep telling you why it is you're wrong.  You serve as a fine example to newer forum users on how to destroy your reputation and convince everyone that you can't be trusted or taken seriously.  Hopefully they'll all learn from your many mistakes.  Keep up the sterling work!  

your defense is simply "wrong because [insult]"
you have no clue, all i have ever told you was to do your own research outside your echo chamber. if you dont like indepndant research. thats your problem
but you carry on with your insults. waste your time. many othrs would prefer to spend their time researching. and good for them. but yea you keep up with your insults. it suits you, your echoing insults ar the same as your echoing rpeats of the myths and fud you try to say when promoting Ln as great and bitcoin as broke.
th echo's of saying the same rhetoric as ben heard 3 years ago by the same group who dont care about bitcoin but are only interested in greed.

lowering fee's will increase bitcoin adoption. and thats not about blocksizes. its about merchant acceptance and popularity
lowering fee's will increase bitcoin adoption. and thats not about blocksizes. its about non western cultures affordability to make payments

Are you sure it's not about blocksizes?  Because I kinda get the impression that, for you, that's all it's ultimately ever going to be about.  It's the one thing you keep coming back to.  Time and time again.  If you're now considering finally changing the record and talking about something else, I would welcome that.  It should be beyond clear by now, as numerous people have now raised the same point, that throughput has a resource cost.  Until nodes and miners are willing to bear more of that cost, throughput on the base layer is unlikely to increase by any tremendous volume.  We just have to wait for users to welcome that burden willingly.  It's not a choice anyone can make for them.  There is no stagnation in development, as work is visibly being done on many fronts to reduce the size of transactions and find new ways to use the space we have more efficiently (and this isn't "meandering" because you definitely said "stagnate bitcoin innovation" earlier in the thread.  If you bring it up, then others are free to challenge it.  That's how discussions work).  

1. there are many ways to increase transaction counts without "tremendous volume".. again your stuck in the 'gigabyte by midnight mindset' ..
2. that part of your rant alone shows how you think stifle/be patient and then jump to tremendous levels is the only route.
3. miners do not bear the costof extra transactions.. go research that.. tip: buy a ASIC and a screwdriver and try to find a hard drive inside one
4.nodes bearing the cost. again get out of the gigabytes by midnight mindset. its really making you narrow minded. there are many many ways to sort it
5. in the last couple years the transaction count per HARD DRIVE byte has NOT become more efficient. go research that
6. BITCOIN NETWORK development has stagnated. the code for the last couple years has not been about bitcoins network advances, but advances to make LN a thing. LN is not a bitcoin network
7. if you think that bitcoins network has advanced and transaction counts per byte are better. show me a single day where transactions counts surpassed 600k, a number known about back as far as 2010
13750  Bitcoin / Bitcoin Discussion / Re: Decentralisation is harder than you think on: February 01, 2019, 07:32:00 PM
mining is about collating data and then locking it.

thats it

its then the nodes that have the actual power. they can reject blocks that dont fit the rules.
in short the only power mining pools have is to decide which transactions to include or exclude.

pools dont have the power to change the rules.

the power to change the rules remains with developers that code the rules and distribute their code.
if developers have code that bypass users ability of choice. EG remove the consensus opt-in of new rules by making things mandatory/compatibility bypassed. then that is the bigger threat

many people think bypassing consensus is great as it makes changes easier/faster to administer. but the downside is... guess what. making it easier/faster to make changes.

pools cant make changes
devs can

learn who the real threats are
especially when the devs hate having opposing teams to keep them inline
especially when the devs hate having to play using consensus and prefer by-passes
especially when the devs hate having to work on a lvel playing field with other teams and instead want to be the only core/reference/fullnode/implementation

as for those assuming mining is a threat due to "50% china".. thats just the comedy FUD of racists
firstly the hashrate distribution is actually more diverse then the racists chant

13751  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: February 01, 2019, 12:46:49 PM
poor doomad, missing the point
1. bitcoin adoption has not grown over the last few years...
I believe that your debate about the block size being the reason is not true. The Bitcoin Cash forks have big blocks, why isn't everyone scuttering to use it?
there are multiple reasons why altcoins dont have big adoption. doomad ranted about dogecoin but then didnt want a explanation about dogecoin. your ranting about bitcoincash, but im guessing you dont want an explanation about bitcoin cash. so ill just leave you both to do your own research if you want to know altcoins, as thats just your groups typical distraction from the topic, to get people to talk about other coins and then you both social drama some stuff about it

sticking to the topic my debate is about the fee's because i do speak to people outside this forum and they openly admit why they dont see the advantages you try to over promote/over promise about alternative networks you want people to use..

2. im not demanding/mandating/tyranting things. you know this. i told you, show me my code where im forcing anything..
Relax and be patient. Either you change or we change. Haha.

people been waiting YEARS for change. its why topics about adoption still keep being brought up daily. you can deny that people ask about it but this topics very existance proves people are asking about it. by you saying be patient, by your group saying the dvs ar 'conservative' is the one of many reasons adoption is not growing with bitcoin
show me a day where transaction counts exceeded 600k a day which is a number that has existed since 2010

3. you again are the exaggerator. i have my opinions and on a DISCUSSION forum i discuss my opinions based on information i gleamed over time from research and from speaking to many diverse people.
the stuff i do in the real world goes beyond discussing things and i speak to many people around the world. i went/go to many countries and majority of them are developing countries and yes i get alot of real opinions that oppose your echo chambers.
maybe it really is worth you taking some time to talk to people directly. like i said GO research. so please to, get out of your echo chamber and actually go speak to a variety of people. go to meetups. go travel the world. widen your prospective abit

as for your other exaggerations. you and your echo chamber of buddies that just repeat the same social drama crap to meander topics are the ones trying to shout that im an advocate, an authority, and its you that keeps shouting that im demanding crap.
ITS A DISCUSSION FORUM.. end of.
if you dont like discussions. ignore the discussion.


But you should understand that you are also an "exaggerator", and you also spread the wrong information.
Who are these "buddies", what echo chamber? Echo chamber of the facts that there are no IOUs in Lightning? That Bitcoins in a Lightning channel are real Bitcoins?

a unconfirmed transaction is not a settled confirmed and fully paid payment until its confirmed. go research that.
i can send millions of unconfirmed tx's to people. and they will not treat it as payment received/settled until its confirmed.
understand the point of confirmations and immutibility. understand th point of bitcoin. understand that LN does not guarantee confirmation after closing channel. go actually speak to LN dev's about the flaws of LN. then you will see even they will say how LN is more akin to IOU than actual settled payments

as for your "buddies" you know who you are you all use the same lame excuses, same buzzwords, you all love to defend each other and you are all only intersted in not letting bitcoin network gain utility because all you care about is LN. sorry to tell you this but you and your buddies wont get to be the factories earning funds from LN. the sooner you put your personal greed aside and realise that your not helping bitcoin the sooner you will wake up to the echo's you recite

4. shut up about your hypotheticals.
because. no hypotheticals needed. mandated to throw out opposers was a real event
rekt campaigns were real events.
i have no code so trying to say im forcing anything is a non event because i am not demanding anything. im discussing things on a discussion forum.
plus your just meandering off topic.
 this topic just like many other topics you meander into should NEVER be about me. but be about THE TOPIC. if you dont like the person making a point. ignore them and stick to the topic
realise the reality of things. if you are not sure about anything go research it. and if you dont like someones opinion. then talk about the topic and ignore the person.

have a nice day

there are many many many ways to scale bitcoin network and keep fee's low for the majority of people. MANY ways. go research them.


He has the right to express his ideas, and opinions too, doesn't he? Cool
awwwwwww after months of you both trying to shut me up. as soon as i say shut up, you run to the defense and act like im attacking doomad.

in england saying 'shut up about.. ' is not a sentance demanding he should actually shut up. its a saying that there is no point in me getting involved with the meander as its so off topic/uninteresting/not the point that its just wasting peoples time.
its not demanding he should shut up. its more a reply people say when they wont respond to such

eg 'your mumma soo....".. 'shut up about my mumma' = i dont wanna talk about my mumma

but yea go play with your social drama's and distractions and meanders about un important things. ill stick to discussing real issues and who are the causes.. you can continue to play altnetwork hypotheticals and desires to push people out of bitcoin

anyway this topic yet again has meandered away from the topic and just turned into another wave finger at people.
so getting back to the topic

lowering fee's will increase bitcoin adoption. and thats not about blocksizes. its about merchant acceptance and popularity
lowering fee's will increase bitcoin adoption. and thats not about blocksizes. its about non western cultures affordability to make payments

separetly people dont need dedicated machines for bitcoin, they dont even need fibre. there are many many many many ways to increase transaction counts without the exaggerations of 'gigabytes by midnight' myth and server farms

if you lot want to continue with the whole server farm and gigabyte block exaggerations to avoid discussing bitcoin adoption/growth. then thats your decision to stay stuck in your echo chamber. but if you actually care about BITCOIN network growth/adoption/utility. then atleast try to do some research and not just repeat the same echos of years ago.

and if you really do want to promote alternative networks such as lightning. atleast research them.
and dont waste your time replying to me. just do some research
13752  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 11:23:19 PM
I don't want reasons why crap coins are not popular.  How is that possibly the conclusion you arrived at?  My point was that lower fees are not some magical fix which will make Bitcoin more popular.  That's not how it works.  Try to keep up here.  I'm asking you for evidence to support your claims that lower fees would make Bitcoin more appealing.

go do some research and speak to people around the world

again for the multiple time. when a fee is more than an hours labour for billion people. you wont find a billion people seeing bitcoin as interesting as other payment options that dont charge an hours labour just to move funds
tip: go to africa and ask people bitcoin or mpesa and ask why
tip: go to slavic countries that have payment(debit cards) that can be topped up at grocery stores and ask them about costs

you also brought up about dogecoin. and my reply was simply there are 2000 coins if you wanna know the pros and cons of them go research them

stop being lazy and go do some research
its obvious you dont like what i have to say, so there has come to a point i am not going to bother spoonfeed you with stuff because your attitude is not about learning its just about causing social drama

so stop wasting your own time and DO YOUR OWN RESEARCH

..
lowering the fee's does not cause an increase cost to full nodes.
full node users get no income. so lowering the fee does not cost full nodes any different.

secondly and separetly scaling bitcoin network does not cause significant change in cost.
again the only way to significantly change the cost of full nodes is if a significant change of throughput.
again your mindset is stuck in the myth of gigabytes by midnight for you to come to the assumption that a significant change has to happen rapidly to then cost users alot more

there are many many many many many many many many many ways to increase transaction count WITHOUT a "gigabyte by midnight" method.

go research that
you have made it clear your close minded about learning things. so thats why i have ended up just telling you to go DO YOUR OWN RESEARCH
13753  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 09:54:34 PM
poor doomad, missing the point

1. bitcoin adoption has not grown over the last few years... LESS businesses have been accepting bitcoin. yes bitcoin is in a stronger position than other coins. but with 2000 coins out there its for you to research why bitcoin has advantages over the other crap coins because there are many reasons.. also its not the topic for me to deep dive into all the reasons. so if you want answers to why specific crap coins are not popular. go research them

2. im not demanding/mandating/tyranting things. you know this. i told you, show me my code where im forcing anything.. what you need to realise is that i am venting/voicing an opinion that counter you and your buddies. if you dont like it hit the ignore button. but if you really think i have the power to push my OPINION to cause action. then you really do not understand bitcoin..
here is a tip: this is a FORUM. for DISCUSSION. and that is it. if you dont like discussion that opposes your view then hit the ignore button. but never presume what happens on a FORUM can cause bitcoin changes.
seriously realise this is a discussion forum and realise if you dont like whats discusssed. either
dont get involved.
hit the ignore button
reply addressing the issue rather than crying about how you think a open discussion is some big powerful one man attack..
(get a grip in short)

3. you again are the exaggerator. i have my opinions and on a DISCUSSION forum i discuss my opinions based on information i gleamed over time from research and from speaking to many diverse people.
the stuff i do in the real world goes beyond discussing things and i speak to many people around the world. i went/go to many countries and majority of them are developing countries and yes i get alot of real opinions that oppose your echo chambers.
maybe it really is worth you taking some time to talk to people directly. like i said GO research. so please to, get out of your echo chamber and actually go speak to a variety of people. go to meetups. go travel the world. widen your prospective abit

as for your other exaggerations. you and your echo chamber of buddies that just repeat the same social drama crap to meander topics are the ones trying to shout that im an advocate, an authority, and its you that keeps shouting that im demanding crap.
ITS A DISCUSSION FORUM.. end of.
if you dont like discussions. ignore the discussion.

4. shut up about your hypotheticals.
because. no hypotheticals needed. mandated to throw out opposers was a real event
rekt campaigns were real events.
i have no code so trying to say im forcing anything is a non event because i am not demanding anything. im discussing things on a discussion forum.
plus your just meandering off topic.
 this topic just like many other topics you meander into should NEVER be about me. but be about THE TOPIC. if you dont like the person making a point. ignore them and stick to the topic
realise the reality of things. if you are not sure about anything go research it. and if you dont like someones opinion. then talk about the topic and ignore the person.

have a nice day

there are many many many ways to scale bitcoin network and keep fee's low for the majority of people. MANY ways. go research them.
13754  Bitcoin / Bitcoin Discussion / Re: Reports of bitcoin environmental damage are garbage on: January 31, 2019, 05:18:11 PM
more electric is used to keep bottles of Pepsi chilled.
13755  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 05:10:30 PM
he pokes again(but never learns). so lets keep biting

You are not a bear.  You have no bite.  You have vivid fairytales and fantasies.  You're about as threatening as a cotton bud.

1. increasing fee's does not make the system better. it make bitcoin look less appealing.
2. not everyone needs to run a full node with 120 peers
3. price of data storage is NOT $$millions.
4. scaling bitcoin network does NOT mean "gigabytes by midnight"

1.  Other coins have lower fees, but people continue to use Bitcoin more than any other cryptocurrency.  Again, if low fees were all people cared about, we'd all be using Dogecoin or something similar.  Clearly Bitcoin maintains sufficient "appeal".

2.  It's not up to you to decide what people do or don't need.  They will continue to make that decision for themselves and express their preference with the software they choose to run.

3.  Just a few posts ago, you were talking about people in countries with low hourly wages.  Why does that argument suddenly go out the window now?  The price of storage and DATA USAGE/BANDWIDTH (the more important factor, as you've been told on dozens of occasions) does not have to be high for you in order for it to be prohibitive in someone else's budget.  Stop being a hypocrite and "put your mind into the context of countries where 5cents is an hours labour" as you phrased it.  

4.  No one is saying it is.  Doesn't mean anyone cares where you think the line should be drawn, though.  Not your call to make.  Run whatever rules you want, but don't expect others to agree with you.


One of these days I hope someone does code a client giving you everything you've ever asked for.  Then, I can watch with glee while you give yourself an aneurysm trying to justify why it has about the same number of users as the client you're running right now.  

and in all your waffle you still are ignoring the problem that many people talk about. and instead you just want to social rant at me.. very un persuasive... but very boring

have a nice day though.
quick response to your points
1. other coins are not popular due to many reasons. do research
2.i am not deciding what people need or dont need. i am no the one coding the needs. i am just highlighting that the ones coding stuff are ignoring peoples needs. go research
3.lowwages does not go out the window. funnily enough i speak to many people around the world on low wages and i am the one not afraid to speak out for the issues they have. countries on low budget can get low budget PC. funny part is in western countries westerner pay a premium. developing countries dont have $50 a month phone bills. they have phonebills at what equates to the same % of general income.
EG if in america average low income is $300 a week where internet is $50 a month. developing countries at a third the income have third the internet cost. might be worth you understanding that most bills are based on % of basic income to be 'competitive' and its not like the whole world pays the same price. go research
(hint: why do you think people prefer imports and buying stuff from alibaba/aliexpress rather than ebay/amazon)
(double hint: things are cheaper when obtained from countries with cheaper labour)

4. you keep thinking that i am mandating stuff.. yet you cover up the ones that actually do mandate stuff..  i think you are so backward thinking you forget who is saying what. remember the devs are happy to admit their schemes so why endlessly pretend they do nothing and some how make out its me that is changing things..
in short if you dont like an opinion. click the ignore button
13756  Bitcoin / Bitcoin Discussion / Re: The release of Satoshi's personal data on: January 31, 2019, 05:03:40 AM
To be fair, dt's not spamming/hawking any wares.

'wares'
i know that DT has some sexual motive to promote james. but i am glad DT hasnt gone as far as trying to hawk james under'wear'. i hope DT just drops the narative and doesnt start to put a price on james 'skiddies' like DT was trying to put a price on certain account usernames
13757  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 01:37:29 AM
back to the topic.

we dont need to stifle onchain scaling to push a fee war. fee's are not important for decades.
blocks dont need to be pushed to gigabytes by midnight.

what can actually occur to satisfy everyone is this
incremental block growth
fee priority mechanism that hurts spammers and incentivises efficient use of the blockspace

thus instead of everyone paying 'average' fee (which in itself is flawed)
people pay an amount depending on personal circumstance of that particular transaction
EG someone that only transacts once a day pay 144 times less per transaction than someone that transacts every block. so a spammer for instance would pay $1.44 PER TRANSACTION to have their funds respent every 10 minutes and someone that spends only once a day pays $0.01 PER TRANSACTION

and its a win win win. because the foolish crew that think they will get rich via LN can then have their niche users(spammers) they can push into LN and leave normal people alone to use bitcoins network as it should be used(cheap and borderless)
13758  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 01:12:37 AM
blah insult blah
he pokes again(but never learns). so lets keep biting until he learns to research before poking

1. increasing fee's does not make the system better. it make bitcoin look less appealing.
2. not everyone needs to run a full node with 120 peers
3. price of data storage is NOT $$millions.
4. scaling bitcoin network does NOT mean "gigabytes by midnight"

users with low bandwidth and low storage can do many things right now to reduce the impact on their personal circumstance without trying to stifle bitcoin adoption as a whole.

its the same argument about videostream uploaders/ online gamers/ etc.
doomads mindset is to push hard that video upstreaming and online gaming should not be allowed because it costs so much to run.
doomad is the kind of guy that will want to go back to playing 2player pacman

if they want to stifle bitcoin adoption because they cannot afford to be a full node then maybe being a full node is not that important to them.
its like why want to be a train driver if you want the passenger carriage to be empty, just so 2 millionaires can have a carriage to themselves

being a full node IS important to businesses that actually need to monitor many transactions an hour. not the basement dweller that uses their mums phone bill to monitor two transaction a week and then complain the phone bill is high in comparison to the lack of personal utility they gain from being a full node

when speaking to real people thats the ultimate rejection/objection they come to once you get to the root problem.. they dont want to spend $100 every 4 years on a new hard drive or pay XX a month on a phone bill if they personally are only watching for their own 2 transactions a week. they dont see the cost/utility benefit.
yep. get to the root of the problem and thats its, people see the phonebill and hardware upgrade every 4-8 year and say 'but i only handle xx tx a year personally"


and as such those only monitoring 2 transactions a week are not the important usecase category of people that should be full nodes
its far better to have 100,000 BUSINESSES as fullnodes that can afford fibre/5g and hardware upgrades, where those businesses NEED to monitor hundreds of transactions a day. compared to 100,000 basement dwelling kids who have to explain to their mum that the phone bill is high because they need to monitor 2 transactions a week

that said. increasing the transaction capacity is not a "gigabytes by midnight" debate which doomad continues to try to imply. since 2010 we could have scaled onchain in small increments which even today would have allowed more transactions per block, kept fee's at sub-penny levels and still be well under home computing costs

simply because home computing is not expensive, home computing does allow for more transaction capacity than so far seen.

ultimately after month of reading doomads flip flop arguments, all i see doomad wanting to do is push people into LN in the (miss)informed belief that he will make money out of users routing through him. his mindset is not on the ethos/ethics/morals of bitcoin. but on his personal greed.

now here is the funny...
doomad is happy in scenarios of 100,000 users to be non factory nodes of LN where they are just phone app litewallet users where the funds are not 100% in the users control... but then flips the flop to pretend them same users are crying about needing to be full node bitcoin network users. whereby bitcoin needs to be stifled purely for empty cries

ok its been months and i still see a big lack of research done by doomad. so lets change the narrative
doomad how about attend some bitcoin meetups regularly to atleast get you out of your cabin fever/echo chamber, maybe that will be the stepping stone you need to look outside your personal rhetoric.

and yes in the UK there are many meetups happening regularly. so no excuses not to attend
13759  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 31, 2019, 12:06:56 AM
The problem is not in the costs of bitcoin transactions but in people's awareness of bitcoin. There are still many who don't use bitcoin because of the volatility and price fluctuations that occur in bitcoin, so these two things should be overcome to be able to grow bitcoin in everyone's eyes.
volatility is not a problem
every week we see retailers changing the prices of bread, milk. people are actually used to seeing prices of things fluctuate
EG when the dollar-pound moved from $1.60 to $1.25 not many people were screaming bluemurder that forex is broke.

if bread moved from £0.80-£1 and then to £0.70 people have not been going out and doing strikes/protests. they just treat it as norm

volatility is not a problem
i have travelled to many countries and the biggest issue is using bitcoin where each transaction is an hours minimum wage is the thing that makes 'the unbanked' not want to use bitcoin.

too many people are stuck in their own basement mindset of 'its ok for americans'
and too many people are happy to censor out billions of people purely due to racial motives of only wanting the west to get rich.

(im a white brit with a large hoard, but i can atleast see beyond my personal circumstance)

anyway, right now we do not need to concern ourselves with excuses to stifle bitcoin innovation onchain under the fake narrative of doing it for the benefit of miners. because for DECADES the miners will be incentivised by non fee's

so we should be concentrating on scaling bitcoin getting the adoption. and then.. IN DECADES let the fee's interplay.

the real foolish thing is this
before fee's are even an issue. the roadmap is to push people off network already so that without scaling. user utility of bitcoin declines onchain and drops the fee's(total) thus making it become a situation that all individuals ned to pay more.

thats like taking trains off the tracks to convince people to use buses and then say train tickets are cheaper, even though there ar not enough train seats being allowed to cope with normal demand because they are pretending that all the efforts of reducing train usage is to give train operators a christmas bonus. yet its not even giving them a bonus. its just charging less people higher prices.
the complete opposite of charging more people less fee's
13760  Bitcoin / Bitcoin Discussion / Re: Lowering transaction fees will promote the use of bitcoin and adaptability? on: January 30, 2019, 11:27:52 PM
i talk about many things. you and your buddies just drop in to poke when developers are mentioned.

But you have to admit, it's funny how you never talk about the part where non-mining full nodes and miners are equally culpable in making the network what it is today.  It's almost as though you don't understand how Bitcoin works at all and somehow genuinely believe that devs make all the decisions.  You couldn't possibly be that uneducated, though, surely?   Roll Eyes

If or when those securing the chain desire more throughput, then (and only then) will it happen.  Your incessant whining about devs won't expedite it.  Full nodes and miners are the ones who are free to choose what level of burden they are prepared to carry.  It appears as though they're comfortable with what we have now.  There have been an ample number of opportunities for people to run code supporting larger blocks over the years.  But, for the most part, people are sticking with our present route.

But sure, whatever, you keep blaming the people who wrote the code instead of the people who are running it.  It's bound to work one day.    Roll Eyes

oh here goes doomad meandering the topic way off topic... he pokes the bear so lets bite.
firstly i talk about alot of things. but i talk about the deeper stuff. and the cause/effect

 its not like there is much code diversity to oppose/object to/counter the roadmap.
and when there is, the roadmap advocates do everything they can to push non roadmap off the network

i do understand how bitcoin works. more so than you. i also know what events actually occured. where as you deny they even happen.
you have been pushing hard to deny that august 1st 2017 happened. you have been pushing hard to deny the REKT campaigns even happened.

yet the developers have been happy to admit their actions. it is only you and your buddies who deny such events.
so spend less time on your social drama. and spend more time researching, and maybe you will learn what bitcoin is really about and what actually occurred.

the reason developers are to blame more so than users is this.
1. developers develop the code.. users dont.
2. developers put code in to bypass peoples wishes (mandated bypasses, inflight upgrades)
3. users dont get as much of a decision if they are always treated as "compatible" and dont get a opt-in or opt-out. it just changes without choice.
4. when there is a choice lately its not a if opt-out it dont happen. but more so if opt-out your thrown off the network to fake a vote of acceptance

so like before its you that needs to decide ar you a flip or a flop.
because some days you pretend users get a vote/choice. and others your anti-vote mindset shouts that people dont get a vote.
its you that does not understand the issues and how bitcoin had/should function vs how it has been run lately

so spend less time replying and more time researching until you yourself can stick to a rhetoric that atleast matches data found on the blockchain

...
any way
sorry folks doomad does that alot.
hopefully he doesnt reply and spends the time to learn more about bitcoin. but i expect he prefers to keep replying and now derail this topic.. and then play the victim
Pages: « 1 ... 638 639 640 641 642 643 644 645 646 647 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 [688] 689 690 691 692 693 694 695 696 697 698 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 ... 1472 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!