Δεν έχω καταλάβει γιατί τα "έχεις πάρει" τόσο πολύ με αυτό το θέμα. Δεν έχω πει ποτέ πως το Bitcoin είναι ιδανικό τώρα. Τίποτα δεν είναι. Με έχεις βάλει στο ignore επειδή... Είμαι κατά του BSV; Δε μπορώ να σκεφτώ κάτι άλλο. Εποικοδομητική συζήτηση θέλω να κάνω, να φτάσω πιο κοντά στην αλήθεια όπως όλοι μας.

Όσον αφορά για το turing completeness. Ποτέ δεν είπα ότι δεν γίνεται, και υπάρχει χρόνια sidechain γι' αυτό το λόγο, λέγεται Rootstock. Γίνεται merged mining χρόνια τώρα.

Όσο για το αφιερωμένο μήνυμα, έχω κι εγώ.

I mean, according to these definitions every cryptocurrency is decentralized, so no. It is easy to spot that Ethereum is operated by a few developers which can pretty much do everything-- from censoring transactions, to messing with the money supply.

Centralization is quite of a spectrum. Bitcoin isn't 100% decentralized, in the sense that every node is equally contributory to the network. There are a few pools which produce the majority of Proof-of-Work, and even if you don't argue that pools have the power, there are large farms which make a hell more than regular miners.

My node received block 811272 4 minutes earlier than 811273 and 9 minutes earlier than 811274. That confirms they were mined in sequential order. The real mined time isn't determined by the timestamp. It is neither determined by the time my node received the blocks, but it is definitely a more accurate approach.

But is this what's going on here? I don't know how the mempool.space software works, but if you were to receive an orphan block, it wouldn't make sense to consider it part of the chain as shown in the image; not until the parent comes up. So how does mempool.space treat time? With block timestamp I suppose.

DCA is good in the sense that you alleviate any potential drawbacks in price, but what you should absolutely pay attention to is transaction fees. If you're going to buy $50 of bitcoin every week, then at least $1 is mining commission, and dependent on the exchange you use, you might get charged extra. For example, Binance charges 20,000 sat for withdrawing any amount to your non-custodial wallet.

And inside information. What are you going to study anyway if not that?

Yes, it is compiled in Linux. So, get yourself a WSL if your machine runs on Windows: https://learn.microsoft.com/en-us/windows/wsl/install. I don't believe there's any way to run that software in Windows elsewhere, probably only with lightning Electrum?

Linux is pretty much everywhere nowadays, so that isn't the reason. Windows are just known to suffer from more vulnerabilities than Linux, probably because they are closed-source since their launch.

You can ignore the truth all you like. I will still cover all the BSV bullshit.

Nobody argues that the number of nodes helps in the consensus process. As I previously discussed in our local board, the choice to run a full node is largely driven by individual preferences. There isn't a strong incentive beyond concerns for security and privacy. What people argue, is that the average person should be able to run such a piece of software, a perspective differing from what you and your BSV associates propose.

Wanna try out spinning up fifty thousand nodes to beat the air? Go for it. We've covered in literally the previous page that a malicious node without doing Proof-of-Work, is essentially a harmless node.

Here's something important to know about the halving: don't take price predictions seriously! I mean, check it out. Everyone's somehow under the impression it will skyrocket a couple of months after the halving. Nobody knows what will happen.

Here's the thing. What defines the price isn't the total bitcoin, but the total bitcoin in circulation. There are thousands of bitcoin which are lost, but they exist as quantities. But, these aren't counted when defining the value, because there is no person offering to selling them in the market. So, indeed, bitcoin is not consumed as apples, but if the block reward gets less and less, there are less bitcoin that enter the circulation by miners. (Overtime, most bitcoin ends up in hodlers' wallets)

If you aren't convinced yet that wages don't increase in the same rate as with cost of living, then I don't know what to say. Sure, wages have increased slightly. In my country, minimum wage is 780 EUR as of 2023. A decade ago it was 586 EUR. But, let's have a look on inflation: https://tradingeconomics.com/greece/core-inflation-rate. Surprisingly, in 2013 it was an all time low since 2010 (at -4%!!!). Right now, we're experiencing a market that has went into two years of serious inflation rates.  

- Let's have a look on food inflation: https://tradingeconomics.com/greece/food-inflation. Yep, 10% increase comparably to last year.
- How about CPI transportation: https://tradingeconomics.com/greece/cpi-transportation. I guess we're heading in an all time high there.
- Housing: https://tradingeconomics.com/greece/housing-index. It's nearly linear since 2020. I'm looking forward to know when we'll hit the ceiling there.

But, yeah. 200 EUR extra income can cover all that. Kudos to the governments.  

Yes. It is an interesting idea, and it can help people who run full node in low-resource machines (i.e., Raspberry Pi), not necessarily if pruned. This could help any user in general who wants a comfortable way to search the balance of an address without the history of its UTXO.

Basically, what you're suggesting here is to take advantage of the UTXO set every kind of full node necessarily carries, and make it accessible in a comfortable fashion, via a web page. I'm just going to say that I'm running full node on a 4GB RPi 4, and I have installed a mempool.space explorer, and it runs fine. And I do sometimes want to check information beyond the UTXO set, so I'm under the impression this won't be in great demand.

Literally the same article was published last month: https://cointelegraph.com/news/nic-carter-supports-bitcoin-invented-by-nsa-conspiracy-theory. Tweet from Nic Carter, Tatsuaki Okamoto coincidence, NSA, hell even the Covid-19 analogy. Does the same journalist writes on the Economist?

Work like Bitcoin could be government-funded. I mean it occurs often in bureaucratic systems to pay someone to open a hole and another to close it.

As I have said in the duplicated thread, it does make some sense that peer-to-peer electronic cash was a concept that began from within the government, and took a more anarchistic shape when someone saw they could forestall the financial advantage.

I don't get the people who buy the latest iPhones. It just makes no fucking sense. You're getting a basic income, around $800 in my place, and you prefer working your ass off for 2 months straight, just to get an iPhone than getting a normal smartphone, with a thousand euros left to pay bills and stuff.

As for bitcoin, I'd absolutely suggest anyone to spend some hours and learn what it is. No one should be putting their money in stuff they don't understand, and lots experience this in cryptocurrencies who are usually victims of hacks and fraudulent schemes.

Bitcoin can't change lives. A wealthy person isn't rich because their investment went 10x within a year. Their mindset is what defines their wealth. If your ideal life is to chill, go out for clubbing in the weekend, get high etc., then you're not going to be wealthy just because you happened to buy the dip. It requires to focus and acquire skill, and in my experience, it requires you to embrace responsibilities.

Bitcoin is good as long as you're working on what you love and doing it with passion.

Mining pools can't accept the incoming connection of dozens of thousands of Bitcoin nodes, and neither should they. The network is peer-to-peer. That's why we have DNS seeds.

"Only banks have the economic incentive to be honest by receiving rewards from transaction fees". 

That model doesn't work great. It is demonstrated that the more power you give to a group of people, the more likely it is to be exploited. Mining is useful at decentralizing the issuance of money. Miners should only decide the order of the transactions.

Did SegWit require a hardfork? No. In similar manner you can increase the block size via softfork means. It's debatable if the incapability of the old nodes to verify the new transactions is considered backwards-compatible, but it can be technically implemented via softfork.

It is possible by representing fractional satoshis in difficulty-like format, but again, I don't find any reason for this to happen. Even if Bitcoin went to $10M, 1 sat would still only worth 10 cents.

The main reason governments hate bitcoin is because it sets them back in terms of financial traceability. You can't regulate a Bitcoin transaction, just as you can't regulate a transaction with cash (which was long hated). If a person wants to make an anonymous transaction in the Internet, they'd absolutely want to avoid everything the government controls of, so there you go; bitcoin is the effective solution to that problem.

Many scammers also make use of cryptography, computers, the Internet etc., but you don't ban those. So, cryptocurrency is clearly not the fault here. It's the scammers.

Just a comment here: you should not be using any of that wallet software except Electrum. They have been suffering from security vulnerabilities and Atomic wallet even got hacked and people lost millions with no rationale given of what happened yet; https://bitcointalk.org/index.php?topic=5455045.0

Technically speaking, a wallet is consisted of the transaction labels as well, none of which is backed by a seed phrase.

Blockchain technology is mainly innovative because of the immutability it offers. Not some mnemonic standards.

You should check out these threads from last year:

- Hodlonaut Trial.
- So, you want to get sued by a scammer?.
- BSV subforum.

I think they pretty much sum up what happened in the last years with this pathetic liar.

You can't, it'd require to fork the client and specify that particular transaction outputs can be spent without a cryptographic signature, which would obviously not be accepted by the Bitcoin network. Nonetheless, he surely has ruled that small detail out in BSV clown network by implementing on-chain censorship: https://twitter.com/BobSummerwill/status/1577714409618931713 (the tweeted link is archived in here).

Probably because of the legal concerns. I was completely ignoring all this clown show, while it did concern me that a few people were really taking him seriously all along, but when I heard he was going to sue Bitcoin developers and saw established people like Maxwell posting wall writeups, I felt he deserves more than ignorance. Fortunately he lost the case, but it is absolutely ridiculous and concerning that in UK, for example, this mentally ill person succeeded on removing the Bitcoin whitepaper from bitcoin.org.

True Bitcoiners know we are all Satoshi (except that scumbag).

Nobody expects quantum computers to be able to break cryptography by brute forcing 256 bit keys, which is what this picture demonstrates. We expect them to reverse public key to private in a non-exponential time (as with classic computers now), by algorithms like Shor's. Quantum computers breaking cryptography is not a FUD, it is just resolvable. Once the development of quantum computers has risen so much that working out private keys can be done in practice within a reasonable time frame, we will have long switched to a quantum-safe algorithm.

Both are protocols and both are innovative and groundbreaking, but that doesn't mean they share the same fate. I cannot picture people in today's societies prioritizing bitcoin as much as the comfort and efficiency the Internet provides them. I understand that denationalized, decentralized currency that is resistant to arbitrary inflation, is a hell of an invention, but I don't think the populace will valuate it as much as we do.

Sure, there will be (and are) people who may valuate it more than the Internet. I predict the number of those to increase exponentially within this decade with the collapse of USD and EUR.