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16901  Bitcoin / Bitcoin Discussion / Re: Yep.. BU absolutely definitely possibly maybe ready for prime time.. on: April 24, 2017, 06:26:41 PM

530 nodes affected..
vs thousands of core nodes affected in 2013..

OP's link atleast needs to try better and be accurate, otherwise it just becomes a biased narrative
16902  Bitcoin / Bitcoin Discussion / Re: 4th Major Crash Bug Exploit on BU on: April 24, 2017, 05:56:44 PM
out of this entire topic there seems to be only one post that is seeing the big picture

Yeah we should definitely diversify so if one type of node is full of bugs and crashes all of a sudden the entire network doesn't go under.
The network is already diversified:
if core was humans.. it would be called several generations of imbreds

lol i think you need to learn diversity. you know totally different groups/families with different genetic makeup (code/language) all co-existing

and as for lauda
While franky1 continues to shill for the disaster that is BU, we are back to this again:

your the one that mentions BU in nearly every topic. you keep failing to pigeon hole me into one brand. because i am not someone that wants just one brand..
while i try to talk about diverse decentralised bitcoin peer network that way it minimises risks

EG lets say there was a bug in version 0.3 of core.. and 0.4 and 0.5 and 0.6 and 0.7...
but doesnt trigger until 0.8
... oh wait that happened..
and that was not just a 5 minute bit of comedy/drama..

now imagine if there was btcd (written in go) and other implementations that didnt have the berkeley db...
we would not have had much of an issue in 2013 as what actually happened.

please dont have the blockstream defender hat on and scream KNOTS because that too is blockstream.. im talking real diversity..

even to the point of where the devs allowed users to set their own settings at runtime to not be spoon fed from the same group of devs.
= real independence and diversity.

seriously, take just a 10 minute break from the keyboard and remove your blockstream adoration cap.. and think critically about bitcoin 120 years
not blockstreams next 3 years.

devs come and go. and kissing one butt cheek will leave u lonely when they retire, get bored, or move onto something else.
think beyond blockstream and think about bitcoin
16903  Bitcoin / Bitcoin Discussion / Re: 4th Major Crash Bug Exploit on BU on: April 24, 2017, 12:15:00 PM
And despite so many core implementations out there, no instances of crashes taking down large numbers of any version of them. The stability record of core is exemplary.
thats the titanic, big bank "too big to fail" mindset... especially ignoring past fails to pretend it will never fail

2013 leveldb transition
now imagine if in 2013 there were implementations wrote in Go and other implementations that had other databases that would not have been hit by the berkely locks

the implementations running non-berkely db's would have been fine and that includes the one running Go too and only the small amount using the old Berkeley with the lock problem would have been held up

16904  Bitcoin / Bitcoin Discussion / Re: 4th Major Crash Bug Exploit on BU on: April 24, 2017, 12:11:30 PM
It is already diversified with actually safe-to-run code:


Among a few other thing such as Knots.

all nodes you highlighted are all blockstream managed..
yep knots=blockstream too
=not true diversity, just pretend diversity

your still not seeing the big picture
16905  Bitcoin / Bitcoin Discussion / Re: 4th Major Crash Bug Exploit on BU on: April 24, 2017, 12:02:56 PM
out of this entire topic there seems to be only one post that is seeing the big picture

Yeah we should definitely diversify so if one type of node is full of bugs and crashes all of a sudden the entire network doesn't go under.

But if one type of node is full of bugs, why would you want to run it anyway?  Huh

its about some people thinking core should be king. or thinking th debate is only about BU vs core and who gts to be king

there should be no king. just a diverse decentralised peer network
meaning
lots of "brands" all uniting with a consensus of rules they all follow

that way we dont have a issue with core should they have a bug (EG 2013 leveldb would not have been such a drama event) because there would be other brands keeping core the network alive while core sort out their implementation

that way we dont have a issue with BU should they have a bug (EG assert drama event) because there would be other brands keeping the network alive while BU sort out their implementation

trying to get everyone using just one implementation is where attacks externally can cause mega issues, and dictators internally can cause mega issues
16906  Bitcoin / Bitcoin Discussion / Re: 4th Major Crash Bug Exploit on BU on: April 24, 2017, 11:53:14 AM
out of this entire topic there seems to be only one post that is seeing the big picture

Yeah we should definitely diversify so if one type of node is full of bugs and crashes all of a sudden the entire network doesn't go under.

16907  Bitcoin / Bitcoin Discussion / Re: less wild fluctuation? is bitcoin bemome more mature? on: April 24, 2017, 07:18:15 AM
you can't compare the growth of an altcoin which have a lower marketcap with bitcoin, altcoin are more prone to 5x 10x oincrease, also the increase of these two alt you mentioned was due to bitcoin price decrease, therefore this point is moot

i don't think either that bitcoin is mature, this value is nothign special, to have maturity you ned greater stability and to have stability, you like it or not you need greater value

also you cant compare any coin based on market cap..
market cap is a bubble number.
we all know how easy it is to move a price.. and multiplying that easily movable price by the amount of coins in circulation becomes manipulatable to the  XXXXXXXXXXXXX multiple.

EG i can make an alt with 5trillion coins, and just put 1 coin in an exchange and sell it to myself for $1, to set a coin price to $1
now the market cap is $5trillion
16908  Bitcoin / Bitcoin Discussion / Re: Was it really possible for Bitfinex to amass $65m from their issued tokens? on: April 24, 2017, 07:00:36 AM
bitfinex did not get $65m from exchange fee profits.

they grabbed funding from https://bnktothefuture.com


£42.66m=$54.5m

and now using that to pay out to users in debt

but taking from peter to pay paul is also known as a ponzi. so dont think that bitfinex's finances/drama is over anytime soon
16909  Bitcoin / Bitcoin Discussion / Re: less wild fluctuation? is bitcoin bemome more mature? on: April 24, 2017, 06:13:09 AM
bitcoin prices are not stable. from my view its the lack of spending on exchanges due to lack of trust of exchanges



we are no longer in the days where people are spending $10k per orderline
note above is bitfinex which is having some fiat issues hence the  price being $100 higher than other exchanges

but here are some other exchanges showing recent (only a few minutes old at time of posting) under $500 to move the bitcoin price up or down by $1-$3

16910  Bitcoin / Bitcoin Discussion / Re: Stable BitCoin on: April 24, 2017, 05:47:33 AM
out of all the answers so far, this guy has the closest

more resistance while going in both directions!
that means there should be a lot more adoption, a lot more users and the exchanges have to grow quite a bit. not just have such a thin orderbook which can be dumped into or bought to push the price up with a couple of thousands of dollars. and there needs to be more exchanges just as big, spread around and disconnected from each other.
and yes it is possible, and it is happening. you can compare the days of Mt Gox with 75% of volume with nowadays with exchanges having barely 10% of trading volume.


why.
well ill quote something i noticed last month. about how easy it was to move the price up or down by $1-2, without it costing millions of dollars

(note trades measured in mBTC (0.001btc)

less than $302(324mbtc) to drop the price from $935 to $933
yep $302 to make the market cap change by $32,470,200.00

then ~$50(54mbtc) to ramp the price from $933 to $935
yep $50 to make the market cap change by $32,470,200.00

edit, i just checked the prices again

16911  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 09:09:13 PM
I don't see >90% of the Core nodes being taken down within the same day. Therefore, this is just another example of the dishonesty of the franky1 troll.

because core didnt advertise how to attack their own..

but did advertise how to attack others.

major difference


Where did Core patch it then? or is it still vulnerable?

core ammended a few of them in 0.13 but didnt think to edit 0.12 with a patch.
core just release a new version but dont patch old versions. leaving older version vulnerable
16912  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 09:00:56 PM
I don't see >90% of the Core nodes being taken down within the same day. Therefore, this is just another example of the dishonesty of the franky1 troll.

because core didnt advertise how to attack their own..

but did advertise how to attack others.

major difference
16913  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 08:50:20 PM
The assert bug was in "xthin", BU's block propagation system. That doesn't exist in Core.

http://blog.erratasec.com/2017/03/assert-in-hands-of-bad-coders.html

there were many assert bugs..
hense why core were real quick to advertise ways to attack it. because they knew of the issues in 2016 because of the issues within core

https://bitcoin.stackexchange.com/questions/43373/bitcoin-core-error-message-assertion-failed

google found thousands of results
"bitcoin core assertion failed"
16914  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 08:48:56 PM
EC and the standard block size limit are two entirely different things. EC is untested, period.

lol try telling core how the 1mb was tested in 2012 when blocks could not surpass 500kb

if your saying EC is not tested.. then 1mb was not tested for 6 years
16915  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 08:46:07 PM
the crashes were due to a core bug.
That is yet another outright lie. The bug was introduced by the BTU team.

the assert bug was part of core v0.12 in 2016

have a nice day
16916  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 08:37:36 PM
I can never say this with 100% certainty but it does seem likely that Bitcoin was a project that was in semi-development for a while and then was ramped up after the 2008 collapse, or it was a concept which was rapidly developed following the collapse in 2008 and then released in 2009. There likely wasn't a ton of time to develop a ton of new systems like Segwit and they decided to release Bitcoin with the features it had at the time, offering an alternative to the regular system.
New technologies will always be something that are created, a single man only has so much creativity and time.

segwit does fix/guarantee anything, the only thing you can expect it to do as a soft fork is create a tier network
16917  Bitcoin / Bitcoin Discussion / Re: Segregated Witness vs Bitcoin Unlimited vs Do Nothing on: April 23, 2017, 08:31:46 PM
if the block does not get accepted its not "losing 12.5" .. its just not winning /gaining 12.5..
If the block is orphaned after wasting hash power to find it, then should not we call it losing?

nope.
if it doesnt get accepted and doesnt stay in the chain. then the pool never had it

there are 20 pools and only one block gets it in an average of 10 minutes
put it this way

EG thats why if a pool put in a reward of lets say 1000000btc..
it would get rejected.. does not mean it had it and lost it.. it just means it never had 1000000btc

yes it wasted hash trying..

but doesnt mean it lost 12.5btc or 1000000btc.. it just means it didnt win..

when you play the lottery.. you dont lose millions.. you just dont win, someone else does
16918  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 07:38:18 PM
People think that if bitcoin has larger blocks, btc will be able to achieve thousands of transactions per second like credit cards.

your reading the reddit "gigabytes by midnight" old scripts..

dynamic concepts are not about visa by midnight. ..
but instead natural growth over time
16919  Bitcoin / Bitcoin Discussion / Re: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell on: April 23, 2017, 07:26:41 PM
You must be smoking too much of that killer pot leaf. If miners allow limitless space, then there will be no fee market. The fees in each block will be small. What incentive would miners have to mine blocks with no reward and low fees? Total hash power would drop preciptuously and network security would vanish.

no reward = 120 years time
also pools wont jump to "gigabytes by midnight"

they will find a natural growth level that nodes accept and allows transactions in
16920  Bitcoin / Electrum / Re: Electrum Developer Thomas Voegtlin: Bitcoin Unlimited Is Not a Good Idea on: April 23, 2017, 07:02:24 PM
bu has been running for years
segwit 6 months
False. BU (EC) has been running for 0 hours on any live network. BU as the implementation of the current consensus is primarily Bitcoin Core with some faulty patches on top. That has been running for a while now (and crashing).
LOL you need to go check
the crashes were due to a core bug.

also many nodes have limits of 1mb-8mb active right now.

much like core had the 1mb limit even when there was a 500kb issue that would have held things back at 500kb 2009-2013

EG are you saying that the cores 1mb limit was not active in 2009-2015 when blocks were only going upto 0.75mb

BU uses native keys (cells)
segwit wants to change the keys (mutated cells)
This makes no sense. If we were to go this deeply into analysis, we'd have to define each piece of the human body. You didn't understand my statement. It's the effect of cancer what I was referring to.
cancer=mutated cells, foreign cells that are rejected from the native body which need to be cut away from the main body to not cause harm..
sounds like segwit to me
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