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2261  Bitcoin / Bitcoin Discussion / Re: Project Anastasia: Bitcoiners Against Identity Theft [re: Craig Wright scam] on: January 06, 2020, 04:28:57 PM

Whoever wrote that is desperately clutching at straws.  There's nothing concrete in any of that and it's just wishful thinking on their part that they haven't been duped by a con-artist.  I'm sorry, but both they and you have been deceived.
2262  Other / Meta / Re: Did You Ever Send Merits In Error? on: January 06, 2020, 03:05:08 PM
Nope.  I've sent merit to 143 different profiles and not once to an unintended recipient.  Knowing that, much like Bitcoin itself, mistakes can't be undone, you double check before you send.

//EDIT:  Oh, but like DdmrDdmr said, back when the merit system was first introduced, I originally sent too little, so later revisited those posts and sent more.
2263  Other / Meta / Re: Forum policy regarding Faketoshi on: January 06, 2020, 01:24:29 PM
My working theory was that, now the great pretender has painted himself into a corner, there was nowhere left for him to go.  That's why I thought the time had now come to simply ignore him.  But what I'm reading here in response tells me that people see the problem escalating if we do that.  So if we're fighting it head-on, count me in.  I do like the sound of a Bitcoin Advocacy sub, although I don't know if it would garner sufficient traffic to be viable.  But I'm all for presenting a united front against this figurative shitfountain.  However we're doing it, it's definitely time for the community to make a stand.
2264  Bitcoin / Bitcoin Discussion / Re: Annual Proof of Keys January 3rd on: January 03, 2020, 02:44:12 PM
"keep all your coins on an exchange for 364 days a year and just withdraw them on this one particular day to make sure the exchange is still solvent".  No one is learning anything if they're only doing that.
I simply don't see anyone taking time to learn how to hold their own BTC in their own wallet with their own keys, with the understanding that its superior to being held in exchanges simply to transfer it back the next day.
Traders will be the only ones to do this right?
Sorry, IMO anyone with that convoluted argument is doing it to hear themselves talk or in an effort to protect their interest in an exchange.

I don't see how it's a "convoluted argument".  Look at the way in which the event is reported in certain parts of the media (bold emphasis mine):

Those taking part in the event will withdraw all their cryptocurrency holdings on exchange platforms before January 3rd and keep it in a wallet for which they themselves hold the private key. Any open-source, non-custodial wallet will work. The important thing is that the user transfers the funds to a wallet for which they hold the private key and that they remain there for the duration of the day. By doing so, those taking part will protect themselves from the attack vectors above and will be using cryptocurrency like Bitcoin in its intended way. Additionally, if enough people join in on the Proof of Keys event, they will also be testing the solvency of cryptocurrency exchange platforms themselves.

"For the duration of the day".  And then presumably go back to business as usual and forget about it for another year.  I mean, I don't see any other way to interpret that.  

In my view, I think they could be doing a much better job of explaining exactly what they mean on the https://www.proofofkeys.com/ homepage, because the intended message is clearly getting lost somewhere along the way.  I'm not saying it's a misguided effort on their part, but it should be abundantly clear that checking for exchange insolvency is a secondary objective and not the main purpose of the event.
2265  Other / Meta / Re: Forum policy regarding Faketoshi on: January 02, 2020, 07:38:26 PM
I don't think that all the threads about CSW would be on topic if they were moved to the altcoin board.  Some are specific to reputation, and most are better kept in the scam accusations board

That's a fair point, OP edited to reflect that.  The Altcoins sub shouldn't be used as a dumping ground for garbage, even if it often feels like one.   Cheesy
2266  Other / Meta / Forum policy regarding Faketoshi on: January 02, 2020, 07:11:59 PM
I'd like to put forth a few arguments to present the case that it's high time for all topics about Craig Scammer Wright to be moved to the Altcoins section [//EDIT: Or some other, more appropriate, section] on sight.  

  • First and foremost, he doesn't deserve the attention we give him
  • Almost all threads about Faketoshi devolve into people talking about forked chains and other altcoins anyway
  • Even when he claims to be talking about Bitcoin, every insane thing Faketoshi says is deliberately calculated to attract attention towards his fork
  • Faketoshi has absolutely no official connection to Bitcoin itself, but the more we talk about him, the more it appears as though he's somehow important or relevant
  • It sets the tone that, as a community, we want to distance ourselves from the constant, sordid three-ring-circus/pantomime/freak-show he embodies
  • We shouldn't be providing a platform for con-artists to further their fraudulent agendas, it's irresponsible

It's time to draw a line under this and move on.  Feel free to add more arguments, or dispute or critique the ones I've laid out.  If someone responds with an argument I like, I'll add it to the list.

Topic Rules:  Absolutely NO discussion of forked chains or altcoins here, please



2267  Bitcoin / Bitcoin Discussion / Re: Annual Proof of Keys January 3rd on: January 02, 2020, 06:31:33 PM
its like a training day. a masterclass. a significant event that can be talked about and learned from the rest of the year because of its significance at the event.

without such, many fools will have just trusted custodians all the time and thought it was never a problem. this way they can learn

What's being questioned is whether it actually achieves that, though.  Some people are presenting this Proof of Keys event as "keep all your coins on an exchange for 364 days a year and just withdraw them on this one particular day to make sure the exchange is still solvent".  No one is learning anything if they're only doing that.  They need to keep the bulk of their stash in their own personal wallet and only have what they're actively trading on the exchange.
2268  Other / Meta / Re: DefaultTrust changes on: January 01, 2020, 09:16:37 PM
I'd give it about a 9/10 IMO and think it should stay with minimal changes if any..

Which is actually a pretty resounding endorsement, given your experiences with it, heh.  Many of the people who think it needs to be changed were citing that example.
2269  Bitcoin / Press / Re: [2019-12-31] Countdown: Craig Wright’s 1m BTC fortune to be unlocked in hours on: January 01, 2020, 07:50:42 PM
Fantastic.  As a consequence of this, at what point can we start moving all CSW topics to the altcoins board?  There's clearly no link whatsoever between Bitcoin and that insipid con-man.  So it should now be beyond all reasonable doubt that all of his future pantomime sideshows won't be discussed in the Bitcoin-related boards.
2270  Other / Meta / Re: Trust Feature idea: give DT1 the ability to remove specific feedbacks from DT on: December 31, 2019, 12:09:45 PM
It sounds like something users are generally supportive of, but with some reservations about the potential consequences.  It is a tricky one, since it effectively boils down to freedom of expression versus societal boundaries, which is always a huge can of worms.  Where does the right end for one person to say what they want?  It's not a line easily drawn, sometimes.

All I can really suggest is, if enough people are supportive of the idea, perhaps a short trial-period to see how it actually plays out in the wild?
2271  Bitcoin / Development & Technical Discussion / Re: Will Bitcoin EVER have a bigger blocksize? Is there hope? on: December 31, 2019, 11:38:49 AM
There is only one thing that massively improves initial sync time.
And that is starting a new Genesis Block by switching to a new chain.
Anyone need to see this , look at diamond coin , they changed code bases every 2 or 3 years and start with a new chain each time.
So their chain is never more than 2 years old, and initial sync fairly fast.
Was this their intention doubtful, but a side effect of switching code bases and chains.

And if that's what people want, they should definitely use that coin.  But it's not what I signed up for, so I won't be doing that.  


So someone would need to take a proper accounting of bitcoin address and amounts and create a new chain starting with a new genesis block

It's always "someone" with you.  Why can't you be grateful for what you have, instead of constantly asking other people to do more for you?  If you want it to happen, how about you do it?  But again, don't just expect people to join in.  They'll either join of their own volition, or they won't.

Here's what you don't seem to grasp.  People discovered Bitcoin, they liked the idea, so they started using it.  Then you come along thinking you can change the idea to something many of those users would deem absolutely abysmal AND you want someone else to make these terrible changes for you!  What planet are you even from if you think that's gonna fly?
2272  Bitcoin / Bitcoin Discussion / Re: 51% attack on: December 29, 2019, 06:47:00 PM
Hello guys, has it ever happened that some pool had exceeded 51% of Bitcoin hash-rate? I tried to find some information on the Internet, but there are many articles which are not in the contrast so I am not able to find out which of them are correct and which are just hoaxes. Thank you

Only on Bitcoin Cash.

Bitcoin Gold had one too.  The coin that claimed it was going to be ASIC-resistant.  I see that worked out well for them.   Roll Eyes

Also Feathercoin and EthereumClassic.  Probably a few others no one cares about.
2273  Bitcoin / Development & Technical Discussion / Re: Will Bitcoin EVER have a bigger blocksize? Is there hope? on: December 29, 2019, 06:39:43 PM
Original BitCoin

Your views on what Bitcoin "is" or "isn't" are totally irrelevant.  We have a consensus mechanism to do that.  It appears to disagree with you.
2274  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: December 29, 2019, 12:52:08 PM
Privacy in on-chain transactions are also the users' responsibility. What's so special about it for the troll?

Thought they were scoring cheap points.  Failed as usual.   Cheesy

One day they'll learn that they've lost every argument before they've even tried to make it, because their go-to position is to throw decentralisation under the bus.  It's the one thing all the Lightning detractors can't get around.  LN provides more throughput without placing any additional burden on the non-Lightning users who secure the blockchain.   
2275  Bitcoin / Development & Technical Discussion / Re: The Lightning Network FAQ on: December 28, 2019, 04:50:54 PM
https://bitcoinmagazine.com/articles/lightning-network-traffic-analysis-raises-questions-fees-privacy
https://arxiv.org/pdf/1911.09432.pdf
Quote
this paper’s findings currently put the responsibility of privacy on users selecting their payment routes.

Oh, no!  Responsibility?!  What a catastrophe!   Roll Eyes

Responsibility is something that generally comes with freedom.  It's only natural.  Even if no further advancements were made towards privacy from this point forwards, it's a fair price to pay (and I suspect the majority of users on this chain would rather take on some additional responsibility, rather than sacrifice decentralisation, which is a much higher cost to bear).  But I suspect we'll be making continued advancements in privacy anyway, both on-chain and off.
2276  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin still a people's currency? on: December 27, 2019, 10:14:56 PM
People don't always understand what will benefit them until it's too late.  Most of them are just looking for something simple they can comprehend, so whatever the media can distill into a simple headline is normally the only message that makes it through for the "average joe public".  I'm of the view that most people will eventually come to Bitcoin out of necessity later, rather than trying to understand it now.  It sounds pessimistic, but we can only help the ones that let us.  It often takes a painful realisation to finally wake someone from the comfort of ignorance.  All you can really do is grow your stash to ensure you have enough to help those you care about when that time comes for them.
2277  Other / Meta / Re: Decreasing number of forum users on: December 27, 2019, 01:58:10 PM
*images*

Contrasting numbers aside, the key word there is definitely "Engagement".  

One the one hand, good topics are more engaging, so if the quality of discussion is higher here, people are more likely to take part in the conversation.  This is the forum with the greatest concentration of knowledge and expertise, so there are likely to be a larger number of engaging topics here.  The best forums are naturally the ones where the users make the best contributions.  Hence why most boards have specialist topics they're dedicated to.  It encourages the propagation of useful knowledge and insights.

On the other hand, the fact that we have a larger number of users is partly due to the financial incentive from bounties, which are the antithesis of engaging discussion.  That's why I don't mind seeing our user count drop, as long as it's the users who are contributing largely worthless posts that are leaving (or being forcibly removed, as is more likely the case).
2278  Bitcoin / Bitcoin Discussion / Re: Annual Proof of Keys January 3rd on: December 26, 2019, 08:05:50 PM
Okay, I'm on board with the spirit of the re-brand, but not so much the names so far.  "Bitcoin Day" sounds far too generic and not particularly informative.  "Be your own bank" is good, but it sounds like more of a tagline than a name.  We want to convey the importance of not relying on others to store your BTC.  What name would sum that up best?
2279  Bitcoin / Bitcoin Discussion / Re: Annual Proof of Keys January 3rd on: December 26, 2019, 01:52:53 PM
If Bitcoin were used by everyone in the way it was designed to be used, there would be no need for a 'Proof of Keys' event.  But because far too many people entrust custodial services with the bulk of their stash, this event is, sadly, quite necessary in terms of raising awareness about the pitfalls of "trusted" third parties.  
2280  Other / Meta / Re: Decreasing number of forum users on: December 24, 2019, 06:31:48 PM
I think suchmoon is onto something.  If the number is decreasing, it's likely because all the ban evaders and bounty abusers are gradually being weeded out.  Some of them probably had dozens of sockpuppets.  A small number of genuine users will naturally be far more engaging in a discussion than most of the accounts that have been purged would be.

Quality > Quantity
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