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19741  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core to Release SegWit in November on: October 22, 2016, 08:57:21 PM
Franky, do us all a favor and stop spreading FUD.

remember folks. its not just getting miners to allow tx's into blocks. its also merchants changing their wallets to have new keys to be able to "spend" funds if they too want to use segwit..
Not necessarily merchants. Users too can use segwit. The sender can take advantage of segwit even if the receiver is not segwit capable.

yes gmaxwell and sipa can play with themselves. but to be truly USEFUL merchants need to be involved. you know where bitcoin is actually useful (hint:buy things).

if its active by christmas then miners have not done any testing on the side.
if merchants have the nodes before christmas, then they too have not done any testing.
That's a load of bullshit. Segwit has been and still is being continuously tested on the testnet. It is not as if the software was just written and now is being released. It was written several months ago and been in continuous testing since then. Furthermore several of the Core devs have reached out to miners, merchants, and wallet devs to help them with implementing and testing segwit.
and over them months many things have changed. and in all those months it has not interacted with 7 years of historic data or mutiple pools or thousands of users.
sandbox tests does not equal utopian perfection in the real world. miners will still want to review and test the public release it before implementing it as their full live main node.
afterall the code next month is not the same code as last month, they are still tweaking it.

if 95% of "segwit" is purely core0.132 and not peoples own implementations of the code. there is no point having distribution apart from worries of power cuts and data loss.
What are you saying? The vast majority of full nodes run some version of core. Do you mean that everyone has to have their own implementation? Also, the only other true alternative full node implementation is btcd and they have already completed implementing segwit.
if the fiat lovers think that segwt should run by christmas. then where is the screams of grace period they were crying about..
oh wait they need no grace because they want everyone to just run core..
like i said many times in the past, the network should remain diverse. giving time for those to review and adapt the code into their own implementations or atleast test it on bitcoins mainnet before waving their hands in the air


seems the people that want it running before christmas are sounding like they care less about testing, care less about security and more about bitcoin price.

and ontop of that the majority that have this careless nature are mostly people that do not even run a full node in the first place
kind of funny that the "slow careful and smart testing mindset defending cores delays" turns into "before christmas, before christmas before christmas"

anyone wanting it active and in full use before christmas should be tagged as fiat loving bitcoin security hating nutters.
if those same people have previously shouted how any other proposal needs months of review and months of grace period. should be tagged as hypocritical fiat loving bitcoin security hating nutters
Or they care about testing and have tested it themselves on testnet and are sure that the software is secure. I know a lot of the developers want it out ASAP and have extensively tested it on testnet and are absolutely sure about its security.
tested on testnet.. tested on testnet.. tested on testnet..
thats like saying testing it on Clams or other alts... meaningless
it needs testing on bitcoin main net before settling minds can then say its safe to then flag consensus.
so stop thinking it should be active by christmas and atleast settle for atleast spring next year (if people are doing the right thing and checking)

EG even windows gets alpha and beta tested. but even after retail release it still ends up with people having system crashes and patches needed.
never claim anything is utopia until is has had time to run on the platform it is meant for.

i do find it funny how achow101 proclaims 0.132 to be perfect and well tested. though not running live on mainnet..
i presume 0.12 and 0.131 are perfect too... where even after release.. even after running there are still issues
 even achow101 spends alot of time in the support category dealing with crashes and many issues. with 'legacy' versions.
kind of strange to even need a support section if everything is perfect.. right?

and now you see why its safer to review test and use it before hailing it utopia to garner 95% utility

ok lets put my waffle into a simple question.
knowing it requires 95% over a month. where start of month needs to be at 95%, throughout month, and end of month needs to be 95% (3831 of 4032blocks)
are you saying mining pools should drop their "legacy" (nodes as you call it) at the latest november 24th and use only core 0.132 from november 24th because its safe to all rush to run before christmas? honest answer please

19742  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core to Release SegWit in November on: October 22, 2016, 08:34:58 PM
remember folks. its not just getting miners to allow tx's into blocks. its also merchants changing their wallets to have new keys to be able to "spend" funds if they too want to use segwit..

if its active by christmas then miners have not done any testing on the side.
if merchants have the nodes before christmas, then they too have not done any testing.
if 95% of "segwit" is purely core0.132 and not peoples own implementations of the code. there is no point having distribution apart from worries of power cuts and data loss.

seems the people that want it running before christmas are sounding like they care less about testing, care less about security and more about bitcoin price.

and ontop of that the majority that have this careless nature are mostly people that do not even run a full node in the first place
kind of funny that the "slow careful and smart testing mindset defending cores delays" turns into "before christmas, before christmas before christmas"

anyone wanting it active and in full use before christmas should be tagged as fiat loving bitcoin security hating nutters.
if those same people have previously shouted how any other proposal needs months of review and months of grace period. should be tagged as hypocritical fiat loving bitcoin security hating nutters
19743  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core to Release SegWit in November on: October 22, 2016, 01:11:35 PM
Anyone read through this - https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1 yet?

Whats the consensus on segwit actually being used?

SegWit is a soft fork so it won't need full consensus, I was under the impression that only hard forks requires this, am I wrong?

hard requires node consensus followed by miner consensus (2 stages)
soft requires miner consensus(1 stage)

but miners are not just going to run their code in november as their main implementation. flagging blocks..
they are going to review it and run it in th background for a bit before making it their main implementation.
and then there will be time to accumulate to 95% of pools to have it as their main implementation..
and then there is the month of all pools holding at 95%,
followed by a grace period.

id be surprised if any miner is flagging blocks 1 hour after code release. as that shows they are not double checking things.

Feel free to mock me here as i dont understand this as well as most but with viabtc having 7.9% of the mining power then will this not mean that they will never accept segwit and so it will never actually be activated or does thge share that they mine not count because they are in theory mining an alt?

technically.
if 92% of pools started accepting segwit transactions into blocks (early) all that happens is the 8% wont accept the tx. so lets say the next block was solved by the 8%.. it wont contain the tx and ur waiting for a pool in the 92% to solve a block. basically the same game theory as 8% reject tx's with low fees and 92% accept any tx. its just a waiting game for a pool that likes your tx to solve a block including it.

but pools should wait for 95%+ to ensure there is little orphan risk if a bug causes disagreement, thus an orphan across the network

what concerns me is if pools just throw 0.132 online without review.
what concerns me is if pools just throw 0.132 without taking the code and adapting it to their own diverse code base
what concerns me is if pools just throw 0.132 online and everyone is running just one brand.
19744  Bitcoin / Bitcoin Discussion / Re: Bitcoin Core to Release SegWit in November on: October 22, 2016, 11:59:57 AM
Anyone read through this - https://github.com/bitcoin/bitcoin/releases/tag/v0.13.1rc1 yet?

Whats the consensus on segwit actually being used?

SegWit is a soft fork so it won't need full consensus, I was under the impression that only hard forks requires this, am I wrong?

hard requires node consensus followed by miner consensus (2 stages)
soft requires miner consensus(1 stage)

but miners are not just going to run their code in november as their main implementation. flagging blocks..
they are going to review it and run it in th background for a bit before making it their main implementation.
and then there will be time to accumulate to 95% of pools to have it as their main implementation..
and then there is the month of all pools holding at 95%,
followed by a grace period.

id be surprised if any miner is flagging blocks 1 hour after code release. as that shows they are not double checking things.
19745  Bitcoin / Bitcoin Discussion / Re: The importance of Bitcoin will not be felt by the mainstream until governments.. on: October 21, 2016, 11:59:06 PM
FIAT wont disappear. there will always be a currency tethered and controlled by government laws such as minimum wage, which must be paid at X.. and taxes at X.. and court fines at X. all payable in one currency controlled by the countries national bank,
this is called legal tender.
governments and national banks will not change laws to no longer have control of legal tender(fiat)

the form of how the fiat legal tender will be held/used CAN change.
but it is not over night. things like swapping the paper ingredient of a bank note to be a plastic polymer bank note (UK and canada are doing this right now). which will in time be the very reason to take (plastic) bank notes out of circulation, due to plastic being a expensive/finite/environment concern due to oil blah blah blah.(yea its that predictable why they went plastic)
afterall if they stuck with paper/cotton they cannot say a bank note is bad.

next its the case of swapping 'dollars' and 'pounds' to a hyperledger coin by "upgrading" peoples bank accounts with tempters of higher interest rates. again taking time to move people across.. so that it doesnt wake up the sheep in one go.

but hyperledger coin is still FIAT
19746  Bitcoin / Bitcoin Discussion / Re: An Argument for Bitcoin as Private Property on: October 21, 2016, 10:12:34 PM
Here is the question that I'm basing my belief upon:
Can you legally own anything that is a virtual asset, within a participatory non-regulated distributed virtual
ledger network, that does not provide any rights or guarantees by authority, and the only proof of property ownership
within this decentralized system, is that you can move that property or that you did move that property?


If you can answer the above with a "yes" with a rational that is legally sound, I would be impressed.

with private property ownership, proof is needed.
if property is valuable, then people prefer the lazy/easy route of letting some third parties handle it. to avoid debate later.
Eg getting a lawyer draw up a document. a Will or something to show a transfer.
and items that are sales, inheritance and income tax directly related. then this third party is usually the government.

however possessing the key to something in 9 out of 10 times is enough. chances are you dont need to prove who you are when you use it.
most of the time there is never a problem so you never need to prove it. but if there is a problem(theft/hack/breach of contract) then proof is needed to decide the moral person who deserves it.

btc does not attach human identity to transactions. nor should it. bitcoin should not identify who "owns" the funds.
btc should be a "possession" rather than "ownership". to avoid the things you mentioned about the rabbit hole down to registration requirements..

allowing freedom of use by simple possession. where people, if they really care about their own coin can freely, locally and personally substantiate their claim by having their own records/evidence of how they got it. EG proving the lawnmower your neighbour uses should be yours
vs
calling it private property, which ends up with more headaches and more official logging of evidence.
19747  Bitcoin / Bitcoin Discussion / Re: ECB Feels Threatened by Bitcoin, Ask EU to Rein in Virtual Currencies on: October 21, 2016, 08:01:29 PM
they are prepping their switch over to the hyper ledger as they fear people will defect when they "upgrade" the banking system
19748  Bitcoin / Bitcoin Discussion / Re: An Argument for Bitcoin as Private Property on: October 21, 2016, 07:45:33 PM
...
coins(btc):
"authorised possession" is a closer approximation..(still not perfect)
..

I don't know if it can still be a form of possession.
The problem here is, how do you prove that you are the only person with that private key?
to possess is not to own. many people own the house keys to my home. they are authorised to possess the keys and authorised to come in my house. but they do not own my house.
it requires further proof of which key possessor "owns" what can be opened with the key.
EG if i can prove they have the deed. the house is their.

EG if i can prove by conversation logs that i asked someone for some coin and then use the ledger to show i received the coin with some conversation logs of saying i dont need to repay the coin. then the coin morally sits with me.

this is why i said possession and not owner.. possession is not ownership on its own merit. but on merit of other data

commodity vs asset: the coins are not a raw material used for making other produce. so not a commodity. coins are an asset(possession).
possession alone does not equal ownership. but if you can prove how you obtained it moral. then it is deemed yours.
EG copyright/patent laws. just because you created a digital image does not mean its yours instantly. you have to register it to have proof that you are the moral possessor of it, to then claim it is yours

I agree it is more like an asset.
But as to whether it could be a commodity: If you burn bitcoins in a burn address in order to
convert those bitcoins into another form, can't bitcoin be a commodity (produce) in theory?
BTC has properties that are currently unknown to us, that may have different purposes in
the distant future. The fact is that we know what Satoshi "intended" it to be, but we don't
know how it will end up 50 years from now because it is so novel and adaptable.
hmm.. you got me thinking Cheesy
technically a satoshi is the commodity
as that is the raw unit of measure behind it all.. and 100m satoshis used to 'form' a btc.
btc is just a 'basket'/group/common name of 100m satoshis.
just like bovine cattle is a 'basket'/group/common name of the underlying commodity, beef.
satoshi=commodity
btc=product/name of collection

As to registration to prove possessor claim: I agree that it would be needed to prove possession,
but I would argue that it is anti-Bitcoin to do so and would ultimately destroy all the benefits and
reasoning for using the Bitcoin network. This includes, legal regulatability, decentralization,
pseudonymous aspect, fungibility, and etc. Bitcoin registration leads to Bitcoin destruction.

Bitcoin's Property rights argument is like the argument about blacklisting of coins.
If you can create "clean" and "dirty" coins, you are destroying bitcoin through non-fungibility and if
you make bitcoin as a legal property (public or private), you are destroying bitcoin through forced regulation.


Satoshi designed the system to outmaneuver the current world systems of governance and finance.
By attempting to place Bitcoin/bitcoin within a familiar box, we are trying to outmaneuver Satoshi.

we shouldnt be thinking of centralised registration applications requests for moral proof by default.. but more so local evidence: of receipt. chat logs, etc
EG if ever in court we just show a receipt and chat log as evidence. no requirement of a centralized authority to store receipts/chatlogs.
though some could deem the posts in the exchange/escrow category as evidence and deem this forum as a central store of proof.. for those trading within the forum.

but thats just semantics of being lazy to not make your own terms and conditions/contracts locally and rely on just chat logs as moral proof

though the bitcoins own ledger is a store of receipt. we can also hold our own logs of "why" to cover the moral debate of who deserves it
especially with btc changing hands so fast that a central permanent store of current "why" x deserves z, wont work anyway in many cases.

EG coinbase just needs their own deposit history logs and their own terms of service to show why they deserve to keep the btc they possess. they dont need to register their T&C's with an authority.

though many can debate the authenticity of evidence if it has not been verified by third party.

but thats a debate that can be done in court if someone lost their btc to someone else immorally
evidence does not require centralization by default.
19749  Bitcoin / Bitcoin Discussion / Re: An Argument for Bitcoin as Private Property on: October 21, 2016, 06:12:55 PM
Many comments in this thread is very ignorant of law.
Bitcoin/bitcoin is not a public nor a private property.

The reasons why governments find it so hard to classify what bitcoin is  
(ex: currency, commodity, asset, etc)  is because of its many contradictory properties.
For example, bitcoin can be passed p2p very easily like a currency, but it also in theory,
gains value over time due to its limited coin cap, like an appreciable asset. So from this
viewpoint bitcoin could be a property, yet, there is no such actual object that exists
outside the blockchain. You can not take your bitcoins out from the system, since
those individual bitcoins are the system. So, from a legal point of view, there
is no actual property, only a temporary right to control virtual assets within
a virtual platform.

Basically, when you get a private key that has bitcoin within it, you have a right to
temporary control. You have no right to that property, since there is no legal property.
Claiming that bitcoin is some form of property is comparable to when a person buys virtual
items within a game (ex: TF2, CS:GO, In-Game Purchases). That purchaser has no rights
to that item by law and is usually stated as so within the ToS of the game. In fact, that item
can not exist outside that game and the game developers have no obligation under any laws
to maintain the game indefinitely so that your virtual item which you paid fiat for, can
continue to exist.

The reason why the laws and interpretations are all over the place with different governments
and different legal jurisdictions is because no one actually knows what Bitcoin/bitcoin falls
into. It may even be possible that one day Bitcoin will fall into a new legal property type that
has not existed prior. There are many complicated legal aspects to Bitcoin that is currently
unresolved.

Interestingly, if you think Bitcoin should be found to be a property and bitcoin is a public or
private property, then the bitcoin devs will be obligated by law to maintain and regulate the
Bitcoin system indefinitely. So, if you want bitcoin to remain an open-source free participatory
non-legally controlled and regulated financial platform, then you shouldn't be arguing it is an
actual property, since you do not know what you are actually asking for.

thinking long and hard, i have to agree.. so lets thrash it out to get a slightly better term

coins(btc):
"authorised possession" is a closer approximation..(still not perfect)
if you possess the key you have authority to use it.
an example of this is UK car registrations. it says "authorised keeper" on the log book. not owner. not user.
court orders can be filed to change possession of the car over to them

but then the expression "possession is 9/10ths of the law" which requires further proof to decide who deserves it most based on how it was obtained.

if you and only you possess the key to use X, legally you are authorised to use it. however morally, well that is a separate debate that needs to prove how you obtained it. to proclaim who 'owns' it.

this is why exchanges can run off with funds. legally they can prove someone handed them funds willingly to a private key only the exchange possesses, without the use of hacking. thus making the exchange the authorised user.
morally 'why' the exchange has the coins would side with the customer IF he shows he deposited funds under some good faith/terms&conditions that the exchange hands it back when the customer requests a withdrawal.
but IF there is no proof of goodfaith/terms.. then exchange wins the moral argument.

much like lending a lawn mower to a neighbour. if you cannot prove how you obtained it and cannot prove you contracted them to give it back. its not yours any more
or letting someone use the car. if you cannot prove you let them use it and cannot prove you were not the one using it, you pay the parking ticket

network:
there is no owner and no one possesses the entire network, there is just a common agreement of users to do things within some rules each have agreed to and compromised to, to communicate and use without issue. the rules are made by the common agreement of every node. not some central party.
like a financial trust. no one owns it. many can benefit from it based on the rules of the trust.

if you are able to accept data within the common range of the rules then you are authorised to use the network

commodity vs asset: the coins are not a raw material used for making other produce. so not a commodity. coins are an asset(possession).

possession alone does not equal ownership. but if you can prove how you obtained it moral. then it is deemed yours.
EG copyright/patent laws. just because you created a digital image does not mean its yours instantly. you have to register it to have proof that you are the moral possessor of it, to then claim it is yours
19750  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vault proposed by Emin Gun Sirer on: October 21, 2016, 04:50:46 PM
I am not in favour of any reliance on third party services to access your bitcoins. This is the model that are being used by services like

banks and PayPal. The old motto that you should be in control of your own private keys, without the need for any third party services to

make transactions, will be the best option for most. A good Podcast {30 min} but a bad idea in my opinion.  Roll Eyes

if used by people to have the second key offline(still in sole control). thus only risking 1 key online.. then great. they have an override if they spot a hacker using first key, without needing the silly game of RBF&CPFP bidding war using just fee's as the decider.

but i agree. if then entrusting a third party with the keys.. then its no better than just having a traditional priv&pub key and just deposit funds into the third parties control
good feature for sole control.
but not good as a selling point for a business
19751  Bitcoin / Bitcoin Discussion / Re: Bitcoin Vault proposed by Emin Gun Sirer on: October 21, 2016, 02:55:16 PM
ok.. the bait (idea)

this is how i feel it is proposed.

the LBT podcast is talking more about making unconfirmed tx's reversible(while they sit in mempool)
think of it as a third option to what RBF and CPFP does. lets call it 2PO1P (2parents override 1 parent)
(all involve playing with what is in mempool before confirmation.. to decide what belongs on a block)

2PO1P is a way to not need RBF: which if a hacker sent a tx. RBF allows the original owner to send a tx with the same key but with higher fee to change the destination while unconfirmed. and the cheapest fee tx gets dropped out of mempool.
2PO1P is a way to not need CPFP: which if a hacker sent a tx. the original owner had to send 2tx's one with a change the destination. second using the destination with large fee to enforce the funds get to the change of destination by prespending the destination aswell.

flaws:
the problems with RBF CPFP is that the hacker has the privkey. he can counteract the counteract by doing his own RBF CPFP with an even higher fee again to change the destination back to his while there conflicting in the mempool.

it becomes a cat and mouse game of who can send tx's faster than the other with the highest fees .. which is just ending up as a fastest finger first game
same game theory as upping your bid at the last few seconds of a paypal auction hoping to be the highest bidder

now lets explain 2PO1P(2Parent Overrules 1Parent)
before utilizing 2PO1P you need to set it up
you make a transaction to yourself that has a X block locktime using a multisig address that is Nof2 keys, both owned by you.
when its added on the blockchain..the funds are obviously locked in for X blocks..

ok now that it is set up.. lets explain
the rule(smart contract) is that you can broadcast a transaction using just 1of2 keys.
but a 2of2tx overrules 1of2tx, causing the 1of2 to get dropped out of the mempool.

by locking funds in for X blocks to allow time/delay for the owner to see a possible 1of2 tx to still have time to send out a 2of2 to overrule tx
and this works by not having the second key in the same hackable location as the first. thus a hacker cannot do a 2of2 to start a cat and mouse game


ok.. the switch (idea)
at the 20th minute of the podcast they start talking about "businesses" having control of the 2nd key. lol (facepalm)
19752  Bitcoin / Bitcoin Discussion / Re: The importance of Bitcoin will not be felt by the mainstream until governments.. on: October 21, 2016, 05:39:39 AM
The move towards a cashless economy are promoted, because a record of all economic transactions through electronic means makes it almost impossible to sustain black market or underground economies that often prove damaging to national economies.

The Orwellian levels of surveillance this grants them, is terrifying to say the least. People are becoming too dependent on centralized control, and we saw this when the Banks closed their doors during the economic crisis in Greece. What will happen if Banks close their doors and confiscate your money, without you having any control?

Bitcoin grants you the freedom to be in control of your own finances, and ignorant sheep are not seeing this threat, because they have never been through a Cyprus or a Greece event. ^hmmmmm^

agreed but thats why banks are trying to flip over to hyper ledger and swap 'dollar' for a fiat-coin. to then offset the dollar debt to avoid bankruptcy.
because they know if they can bait and switch the sheep across from dollars to USFIATCOIN. the sheep will follow. and there will be no awakening due to bank customers not 'losing out'. they are just told the sheep dream of 'banking services have improved' to resettled them in the new wolfs pen.

however the surveillance and limitations of the new "services" will awaken SOME people. just like all the new banking rules like transfer limits AML checks and requirement of birth certificate just to have an account has woken up some already
19753  Bitcoin / Bitcoin Discussion / Re: The importance of Bitcoin will not be felt by the mainstream until governments.. on: October 21, 2016, 05:28:29 AM
Not all governments have the same outlook on a cash-less society, so it will not be that easy. The only way they will turn this into a reality,

is if they can offer cheaper cash {no minting & printing of fiat currencies}, with full control to manipulate the cap... like they are doing

now. Many of the 3rd world countries do not have the infrastructure or the money to built it, to be ready for a cash-less society and the

citizens are too poor to afford mobile phones. { They will have to subsidize digital devices like the Treazor for people like this }

Yes that fact remains the same until today. Third world countries are countries with high average of poor people and that is to say that many who lived in the outskirts doesnt know what is a computer is and how much more cryptocurrency. But bitcoin is still felt though not by the masses but by the few individuals who have access to internet and have knowledge of cryptocurrency.

the issues with 3rd world countries access to bitcoin is not technology. africa and cuba both use phones.. take african countries use of Mpesa for example.
but right now its bitcoins own "spam" transaction prejudice holding it back (the microtransaction debate)
for instance in:
Cuba minimum wage is $0.05 and a loaf of bread is $0.015
california minimum wage is $10 and a loaf of bread is $2

buying bread in cali' is just about acceptable as not being spam and costs a cali' citizen 3% of product (~$0.06tx fee) or 25 seconds of minimum wage labour
buying bread in cuba is not acceptable as its deemed spam and costs a cuban citizen 400% of product (~$0.06tx fee) or hour 1hour 2minutes of minimum wage labour.

moving an hours labour:
in cali' thats 0.6% fee($0.06c) to move $10
in cuba thats 120% fee($0.06c) to move $0.05c
19754  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Unlimited on: October 21, 2016, 05:01:24 AM
sorry im noob in bitcoin system, blocksize, mining ,network etc.
just want to ask :
bitcoin unlimited is new nodes ? like bitcoin classic,core etc. ?
if 70% of miner using this nodes/config, any effect at bitcoin transaction ?

BU has a flex cap (like what core agreed to have in 2015 before they later backtracted)
https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-December/011865.html
Quote
Further out, there are several proposals related to flex caps or
incentive-aligned dynamic block size controls based on allowing miners
to produce larger blocks at some cost. These proposals help preserve
the alignment of incentives between miners and general node operators,
and prevent defection between the miners from undermining the fee
market behavior that will eventually fund security. I think that right
now capacity is high enough and the needed capacity is low enough that
we don't immediately need these proposals, but they will be critically
important long term. I'm planning to help out and drive towards a more
concrete direction out of these proposals in the following months.

BU has been running for months now and can happily still run if the consensus moved to more then 'under 1mb' because the rule is simple.
anything under Xmb is acceptable.

no one is saying the rules of the network should ever be 'blocks should be more than X'
but instead move the buffer limit to say
anything under X is acceptable.

core say anything under 1mb is acceptable
classic say anything under 2mb is acceptable
BU say anything below 16mb is acceptable, and locally(user adjustable) stick to a under 1mb flexcap right now
and then let miners choose whats safe to create and relay out without large orphan risk.

miners right now produce blocks between 200bytes-995kb which has only a 1% acceptable loss orphan risk

scenario one:
(only core is holding back, with only informal half-promises of flexcaps, with no eta)
if core devs release a below 2mb update, core users have to review what they are downloading and try it
classic do nothing more
BU do nothing more. BU user changes setting locally
and then the 95% consensus of below 2mb can be seen.

when all is happy and when mining pools see safe majority(95-100%) of nodes are happy with 'below 2mb', the mining pools then flag their own desire. and when there is 95%+ of mining pool acceptance, the pools make a block 1.0000000250mb (1mb plus alittle) to see the orphan risk.
if there is an unforseen issue. then mining pools go back to making 995kb blocks until solution is found.

if the orphans are low, they continue with this small amount extra until they are happy nodes are not crashing out and block are not orphaning to any extent. and slowly build up over time as the network gains confidence.

much like what happened in 2013 after nodes could fully utilise the 1mb rule after the 500k limit bug was found. they didnt suddenly jump straight to 1mb blocks. it build up slowly over 3 years

scenario two:
if there is no 95% consensus of an possible block growth proposed compromise amount. then everything carries on as is until there is a consensus that allows mining pools to try out the new consensus
19755  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Unlimited on: October 21, 2016, 04:16:37 AM
you seem to be a noob that purchased a high ranking username

That's a very expensive high ranking username, based on the amount escrowed, the donator status, and all the physical silver and gold coins sold under that name.

even a noob can buy a legendary username and carry on using the ranking to do trade/escrow without learning about bitcoin.
afterall what you do with bitcoin does not equal knowing about bitcoin.

seems you cut out my comment about satire and the final part about IF he doesnt know how bitcoin works.
i have seen ognasty username around for years but comments like presuming BU is an altcoin are just odd..

ill take it as satire then
19756  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Unlimited on: October 21, 2016, 03:40:26 AM
We only have one bitcoin and not four as people talking about.
Good luck scaling, I personally only use and follow satoshi's bitcoin.

so your running bitcoin-qt version 0.8

or have you accepted that bitcoin is diverse and that other teams have their own branding and own codes that all work fine communicating together with other nodes within the network, to allow you to try the different brands that are available now.
first release of bitcoin-core was 2014-03-19
19757  Bitcoin / Bitcoin Discussion / Re: one sentence to introduce bitcoin to your friends on: October 21, 2016, 03:31:20 AM
a scarce currency without a central bank. only you hold it. you move/secure it when & how you want
19758  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin Unlimited on: October 21, 2016, 03:20:51 AM
There's an altcoin section for topics like this...

not sure if your being satirical or you really dont know what bitcoin is about and how bitcoin works to make such a comment
however
BU runs on the bitcoin network.
BU is not asking to split the network
BU is part of bitcoin

you seem to be a noob that purchased a high ranking username if you dont know the basics of how bitcoin works to assume that it is an altcoin.
learn consensus. learn decentralization and learn diversity.
19759  Bitcoin / Bitcoin Discussion / Re: How exactly does RPC calls work? on: October 21, 2016, 03:12:07 AM
RPC calls are primarily used for your webserver or other applications to get data from YOUR bitcoin client.
if YOUR bitcoin client is not set up to accept the connection from an application, then it wont work

if you just want to get data from "the web". then use the API calls from some bitcoin explorers such as
blockchain.info/api
https://blockexplorer.com/api-ref
http://blockr.io/documentation/api
but this is not for full wallet access of those websites, just the block data stuff

but as someone said.
opening general access to things like dumpprivkey on YOUR client is bad due to hackers then possibly trying to get at your client to grab your keys.

however i have a strange feeling you are subtly asking this question in the OP, not learn how to set up YOUR client to allow a connection, but how to remotely 'hack' into any client to grab a privkey of a client without them having to open it up to full remote access.

thus subtly asking how to create a hacking tool
19760  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a revolutionary currency but a fairly inefficient payment network on: October 20, 2016, 11:04:38 PM
And do you think that would change if we were not FIAT based but instead bitcoin would be primary currency?
Because I don't think it it would be any difference in energy consumption whatsoever.

Plus, just to power bitcoin network we are consuming much, much more:

http://motherboard.vice.com/read/bitcoin-could-consume-as-much-electricity-as-denmark-by-2020

lol so you link an article that is hypothesising the year 2020.. but uses out dated numbers of mid 2015, along to exaggerate numbers of january 2016 in regards to electricity utility so far. and then uses that fudged number to hypothecate something in the future..
lol.. guess the guy reads tea leaves too

lets break it down
ok lets go backwards 2012
2 PC's with 4 GPU = 1.3kw... but only produces say 1.3ghash
now
1 ASIC = 1.3kw.. produces 1300Ghash(13Thash)
and this happened in just 3 years.. no extra power but ~1000x (100,000%) increase in hashrate.
same electric but 1000x efficiency 20012-2016 'unit for unit'

the article linked in the quote is calculating old obsolete tech, so lets update it.
i do love their wisting of details to hide the details.. by talking about grams of weight and not mentioning actual hashpower
Quote
12 kilograms each (15 grams per GHash/sec.)
hmm so each ASIC in that articles base number was under 1 T/hash ASIC..
lol.. dang thats so 2015!
using mid 2015 technology to calculate power of spring 2016 hashrate to get to 350megawatt (facepalm)

but anyway.. moving on
at 13thash an asic.. with the network at ~1,600Phash..
thats only 125,000 units =~160megawatt (125,000*1.3k/w)
160megawatt.. compared to the articles out dated 350megawat
 
so we have DROPPED the power usage while INCREASING the hashrate.
.. enough said?!?

you do realise that there are 90,000 bank branches that use more then 1.3kw/h each. after all just 13 light bulbs in a bank branch totals that, let alone the PC's on each bank tellers desk and bank managers office and security guard station.(only 4 standard pc's add another 1.3kw)
thats atleast 180mwat just for the bank branches
thats without including the call centres, offices and bank HQ skyscrapers that protect fiat. which add up to more again
let alone the markets and private financial institutions on top.

inshort:
fiat wastes more electric "protecting" a system thats:
not immutable
where people can take funds at will..
records 'disapear'
money created out of nothing.

but hey. (sarcasm)lets not talk about facts that bitcoin is more efficient. lets instead talk about old data to make bitcoin today look bad by fudging some numbers fiat style and then inflate the numbers for the future too.. (sarcasm)
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