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18481  Bitcoin / Bitcoin Discussion / Re: Global Blockchain Business Council really means BITCOIN on: January 26, 2017, 11:11:12 PM
I cant ever see them getting a differant ledger of the ground,  do you think that they might run something like a hyperledger as a 2nd  layer on top of bitcoin?  might be possible in the future.

hyperledger will replace the banks backbone databases.. bank customers wont see/realise it changed, but the bankers will see the changes in their secret systems and how bank customers data is stored, valued and passed around (behind closed doors).

hyperledger wont be an open platform where bank customers can be independant nodes..
or have independant privkeys..
it will all be multisig managed by the banks (imagine it like LN HUB smart contract concept but managed by the bankers)

however the american bank branches for instance would be nodes, of each banks "brand" sidechain.
where the different banks/branches(of thousands of nodes) then link upstream to a collective chain for a national FIAT sidechain... which each national fiat sidechain upstreams again to the IMF SDR (the main hyperledger) top of the pyramid chain.
18482  Bitcoin / Bitcoin Discussion / Re: Global Blockchain Business Council really means BITCOIN on: January 26, 2017, 11:02:03 PM
After reading the article and seeing some of the names on their i am convinced that when the business elite say blockchain they are really going to mean the bitcoin protocol in the future.  I think that they have finally realised that it is the only blockchain that will work as intended. 

https://medium.com/@BitFuryGroup/the-bitfury-group-officially-launches-global-blockchain-business-council-in-davos-5e41a1932b28#.xu35ui1uq Wink

all the main players of the GBBC are heavily into making hyperledger. they just like to mention "bitcoin" to pretend they are going to make hyperledger an open ledger like bitcoin.. yet its just going to be fiat2.0 instead
18483  Bitcoin / Bitcoin Discussion / Re: As it turns out, Craig Wright actually is Satoshi! on: January 26, 2017, 10:38:31 PM
I didn't think Craig Wrght was Satoshi at first.  He sure has a shit personality.  He is a real fucking proper wanker if you ask me.  

he is not satoshi.
the article says "relates to craig wright"

which made me look back at the research rabbit hole of who first introduced craig wright at a conference a few years back.. that RELATED person being nick szabo..
https://www.youtube.com/watch?v=LdvQTwjVmrE

to re-open the can of worms of Szabo maybe being satoshi.
eg "nick got craig to play along as craig being satoshi, to take some finger pointing away from nick himself"
where the first finger pointing years ago was due to szabo's pre bitcoin 'bitcash' concept that inspired satoshi, years after bitcash was conceived.

but knowing coindesk is writing the article.. im sure the other old inspirations will mention adam back due to coindesks attachment to blockstream.

then a further 2 cents. adam back will proclaim he is satoshi, just so everyone should rush and buy into his LN commrecial hubs concepts...
blockstreams scripts are easy to predict.



and this is why craig wright fails the "who is satoshi"
he is into law and forensics and see's bitcoin being used
https://youtu.be/4GuqlQvFYJo?t=1m40s

satoshi hated the idea of identifying people/corporate marketing of data
18484  Bitcoin / Bitcoin Discussion / Re: As it turns out, Craig Wright actually is Satoshi! on: January 26, 2017, 10:25:46 PM
knowing barry silbert of coindesk also has ownership stake in blockstream im guessing it will be a story of how adam back(blockstream ceo) is "one of the 4" satoshi's
by talking about his 1997 hashcash.

it could also be looking at craig wrights first appearance in the bitcoin scene via a skype call at a different conference a couple years ago where nick szabo introduced craig wright.

thus saying its a 4 way team of
nick szabo,
craig wright,
adam back
and a mysterious 4th party.

sidenote.
adam back and szabo's concepts from years prior to bitcoin did inspire the single entity of satoshi. but adam back was not involved in bitcoins development, neither adam or nick the user behind the name satoshi,

nick did do something for bitcoin but again did not use the satoshi name.

in short its one mysterious single party who is satoshi..  and the other 3 are non-satoshi's, but just trying to get some notoriety for different reasons
.. well thats my 2 cents
18485  Bitcoin / Bitcoin Discussion / Re: SegWit yay or nay? come vote here. on: January 26, 2017, 09:15:56 PM
I think that is overly exaggerated. If my node is currently connected to several old nodes, I don't expect that to change post-Segwit activation. However, I know that I may be wrong. I have not looked into it.
Connection behavior is the same pre and post segwit activation.  Having the network topology change all at once would be an unnecessary risk.
the topology change has already occured.
matt corallo's Fibre as the green gatekeepers (aka gmaxwells upstreamers) in relation to the left side image of (few pages back post) the network visualised in a simple representation

the diversity recognition and acceptance behaviour can be white/blacklisted pre or post activation (nice bit of sweeping under the carpet word play from gmaxwell).. as jetcash has already proved by banning them already.. does not prove or disprove that it cant happen after segwit release

but topology vs diversity are different things
the diversity post segwit still to be determined after activation, once (cores own words) white listing old nodes (gmaxwells downstreamers) becames a more apparent thing.

i do laugh how gmaxwell makes half a statement to hide the full context

i find it funny how he isnt even commenting about
https://bitcoincore.org/en/2016/10/27/segwit-upgrade-guide/


because he knows the topology is already in the format i mentioned on the left side pic of (few pages back post) the network visualised in a simple representation, and the image in previous sentance of this post
18486  Bitcoin / Bitcoin Discussion / Re: SegWit yay or nay? come vote here. on: January 26, 2017, 08:46:19 PM
Almost 70% support to SegWit.
Franky's conspiracy theories doesn't work.
We are doomed  Grin

/Satoshi:0.13.1/   1466 (25.95%)
/Satoshi:0.13.2/   1228 (21.73%)
/Satoshi:0.13.99/   118 (2%)

49.68 = ~50 of nodes implicitly.. but far lower explicitly.
also nodes dont get a vote..

pools 23%


so neither pools or nodes are at 70%.
plus if you take away the pools count from the node count. less than 50% nodecount.
yep pools were already counted as part of the ~50%
yep if you excluded pools multiple nodes the count goes down. (so dont imply missing 23% hashrate can add on 20% nodecount. as thats not how the measures work. they are independent of each other and measuring different things(my assumption of how you may have come to your wrong 70% figure))

18487  Other / Politics & Society / Re: Communism will be the end of BTC on: January 26, 2017, 08:31:06 PM
short summary of the OP..

to prevent communism (the rich holding all the wealth and the rich) splitting the network.

the op proposes
splitting the network and moving to PoS so that the rich hoard all the funds and control it all.

PoS is not a way to even the playing field. its a way that the wealthy control what block gets signed and the wealthy get the reward.

there is no 'trickle down' economics of PoS.. infact PoS is the communism agenda. where those at the top get more..

it makes me laugh that he says the threat to bitcoin is from the poor. and so he want to shift control to the rich.

typical fox news viewers do that.

time he stopped smoking and done more research on real life and real facts. instead of the twisted info he has been handed.

cant ven get the left and right correct. thats how twisted and misinformed the OP is.
here is a hint..
nazi=communist=far right. (rich set the rules and demand control and hoard the funds) PoS

liberals, socialists = left (everyone plays a part and has a say and can share the rewards) PoW
18488  Other / Politics & Society / Re: Communism will be the end of BTC on: January 26, 2017, 07:58:52 PM
i think you need to go research some more.
take some time, learn bitcoin, run some scenarios. look how the reality of bitcoin works.

P.S ethereum was not consensus(95%) or controversial(low%) .. it was intentional split, using a ban node feature to avoid the correction mechanism(orphaning) that keeps things on one straight
ill spell it out for you, so your research is google friendly

--oppose-dao-fork

enjoy your research
18489  Bitcoin / Bitcoin Discussion / Re: Decentralized Trusted Timestamping Whitepaper (Proof of Origination) on: January 26, 2017, 07:41:39 PM
think up a new scenario that concentrates on, 'when all else fails' and nothing can be trusted. that your 'proof of origination' can be the proof without trust, without other requirements to be needed.. and be the sole safety feature that still makes the evidence valid. (in short remove the if's and but's)
I doubt there is a solution to the security problem that doesn't come with if's or but's. All one can do is make an attack more expensive.


how can you have a proof of origination.. if it is not 100% proof, because it requires X/Y/Z if's and buts to be met before you can treat it as proof.

its only proof when there is no way to 'if or but' the evidence.

take the security video scenario.
instead of ifs or buts of needing the video to be securely stored in a vault that even staff cant access..

imagine it like it doesnt matter if there are 5000 different copies of a video. or if 100 members of staff can get to the video.. a proof of origin would be the way to know exactly which copy is the original no matter how the original was handled, physically stored, etc
18490  Other / Politics & Society / Re: Communism will be the end of BTC on: January 26, 2017, 07:33:11 PM
lesson 1.
if 50,000 nodes appeared.. and then intentionally split.. all they are doing is making clams 2.0

lesson 2.
coins are locked to private keys. not software. so while they play with clams 2.0 your funds are still on your private key

lesson 3.
making bitcoin about politics and race just makes you sound like a Fox news presenter shouting "bomb them bomb them bomb them"
18491  Alternate cryptocurrencies / Altcoin Discussion / Re: New Video: No More BTC For Me on: January 26, 2017, 06:18:22 PM
lol

oh look trendon shavers2.0
wanting people to hand them atleast $1000 and not touch it for upto 15 years...
pfft

im laughing at all the red flags.
18492  Economy / Lending / Re: BTC5 Loan Needed Urgently on: January 26, 2017, 06:05:38 PM
The Bank can't give me bitcoins and I need bitcoins not fiat
I'm not gonna screw anyone over!
I've been screwed over so many times I can't even count!

lol nothing in the world can be bought with such urgency that cant also be bought by starting off with fiat.

i am laughing at the fact that your scamming 5btc.. usually scammers start low. but you are really going big lol
let alone the first red flag of zero trust (noob account) let alone lack of a sob story to explain what you need to buy
let alone the fact that your asking for such an amount.

you just havnt grasped the basics of your foolishness.
18493  Bitcoin / Bitcoin Discussion / Re: Decentralized Trusted Timestamping Whitepaper (Proof of Origination) on: January 26, 2017, 05:57:29 PM
though there are many ways to fool something. using time stamps to prove something of the past, there is actual limit to its effectiveness.

your scenario has to be more reliant of an entity having no access to the source material. meaning the requirement of needing a timestamp becomes less required anyway, and more of just a secondary gesture of assurance, rather then a primary proof of origin.

i think your security system scenario needs to be replaced with other creative scenario, because i can already think of several methods to get around the security system scenario.

think up a new scenario that concentrates on, 'when all else fails' and nothing can be trusted. that your 'proof of origination' can be the proof without trust, without other requirements to be needed.. and be the sole safety feature that still makes the evidence valid. (in short remove the if's and but's)
18494  Economy / Lending / Re: BTC5 Loan Needed Urgently on: January 26, 2017, 05:44:51 PM
5btc lol

i wonder why your bank has turned you down.

plus you cant buy anything that is needed so urgently that cant also be bought using fiat.
ask your friends and family for a loan. go to a bank and get a loan. then screw them over.

18495  Bitcoin / Bitcoin Discussion / Re: Will segwit be activated? on: January 26, 2017, 05:26:46 PM
franky1, I understand your fears. But let's take the case Bitcoin gets LN/sidechain-dependant - another cryptocurrency immediately could jump in and offer on-blockchain operations also for smaller payments.

but the thing is if an alt can handle XXmb and superlow fee's onchain.. then obviously cores doomsdays of not coping are foolish. so lets just make bitcoin great and not think altcoins and alternative networks are the solution

It could even be a Bitcoin fork (e.g. BU forking from Core intentionally). The "old" Bitcoin chain could then lose market share and the price would probably crash.

more like core will perform the intentional split.. only core devs have advocated they would do such.. no one else.

I think many stakeholders in the Bitcoin ecosystem won't allow this and will pressure eventually that a higher block size is allowed. As I've said in the other discussion we had, I would favor a relatively conservative approach, but even then we now as fast as possible need at least 1.5, if not 2 MB (in 2017).

'stake-holders' lol
they have no power.

NODES and pools .. you know the actual CODE maintainers, have an affect on what direction the code takes.

accepting devs empty promises and sitting on your hand hoping some rich guy (stakeholder) pulls out his blockstream investment in the hope it stops blockstream from commercialising peoples transactions into permissioned and locked multisigs. just wont work

infact it does the oposite.. if blockstream has to spend its reserves to let an investor exit.. then blockstream has to get deeper into its commercial services to get some more funds to refill the reserves to pay the other investors.

we should not be sheep and pretend/trust other people have morals. thats the whole point of bitcoin. we should not turn it into a system requiring trust.

consensus dynamic blocks can grow when the community is ready. we dont need to 'trust' that a dev will release X or Y in Z months. because having dynamic settings, the users can be in control and consensus of the majority move things.. not devs.

accepting devs empty one time gesture(segwit) that only works if we move our funds to their new p2wpkh or their permissioned p2wsh keys. and then be left waiting a long while for the hopes they at some point offer real decentralised scalability onchain(user defined dynamic settings). instead of their rush into commercialised p2wsh managed hubs. is not the route to go.

pretending that we should stand back and do nothing for the hopes some richguy pulls out their invests is not the route either.

18496  Bitcoin / Bitcoin Discussion / Re: bitcoin to buy everyday needs? on: January 26, 2017, 04:45:26 PM
bitcoin is just code.

it has no voice, it has no arms and legs.

bitcoin cannot walk into YOUR local shop and tell YOUR local shops manager all about bitcoin.
if you want YOUR local town to start accepting bitcoin, YOU have to try talking to shops to accept it.

dont sit on YOUR hands waiting for the code to do something. or for someone from bitpay/coinbase to specially travel to YOUR town to do the footwork for you.

if YOU want it, YOU need to ask for it
18497  Bitcoin / Bitcoin Discussion / Re: Decentralized Trusted Timestamping Whitepaper (Proof of Origination) on: January 26, 2017, 04:30:21 PM
not fool proof.

say i wanted to break into a place with security surveillance tonight.

i prepare the event by recording footage from months prior of no events/break ins at the location that will get hit. and then on the night. i swap the tapes.
now the footage of months ago(no hit) gets timestamped with tonights timestamp and everyone now trusts the footage they are watching tomorrow after the break in, was from tonight.

now you have no proof i was there.. as the timestamped and blockchain hash immutability shows i wasnt at the scene of the crime at the time.

i then do the same for my alibi by months prior going somewhere miles away from the intended location. do normal things to get recorded(say a restaurant or streetcam) and then take the tape, hold onto it.. then get someone to swap it out tonight so it too gets timestamped with tonights lock

now i also have timestamped and blockchain locked proof i was somewhere else at the time of the crime
18498  Bitcoin / Bitcoin Discussion / Re: Will segwit be activated? on: January 26, 2017, 04:07:40 PM
The R3 initiative and Hyperledger seem to follow the same path - correct me if i am wrong. They could easily turn into the next google or facebook, fishing for information and passing them onto government organisations to monitor and analyse.

How can we overcome this monopoly? How does this effect the whole concept of "decentralization"?

you do know hyperledger already is the IMF/government/bank plan for their fiat2.0
many countries are already involved.
bank of America, Canada, Scotland, England, Russia, Switzerland, china, tokyo, australia, to name just a few already involved and doing alpha tests on some ledgers they have tethered together.


how to overcome it......... by not letting bitcoin become part of it. let bitcoin be the open permissionless zero barrier of entry option. dont let devs push things into permissioned services as an end goal and then sidechain(hyperledgers) as the exit route
18499  Bitcoin / Bitcoin Technical Support / Re: How do you sign a message on: January 26, 2017, 10:42:46 AM
if your holding funds in an exchange instead of a wallet. you cant sign a transaction because you dont own the private key to sign it.

if you do have access to the private key then shorena has done a guide for whichever wallet you are using
18500  Bitcoin / Bitcoin Discussion / Re: Square and Bitcoin on: January 26, 2017, 02:18:11 AM
They replied saying this was a good idea and they would pass the suggestion onto the product team for consideration.

Here's hoping they follow through and can make this a reality!

the reply is not a corporate head office opinion.

its a standard call centre/ support centre low level employee reply.

many businesses reply this type of message as standard. without it leading to anything.

its like the standard reply when handing in a C.V/resume

"we are sorry the position has been filled but we have kept your C.V on file incase any other opportunities come up in the future"

translation.. it does not mean your top of the list or special. you wont be contacted to get an interview if the same opportunity opens up in 6 months
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