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2281  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 11:27:14 PM
In the case of Bitcoin, code is synonymous with politics. Code is law, Bitcoin is a social contract. Consensus is a form of democracy, and the fundamental protocol rules are like a constitution.

"Bitcoin is a social contract"

"Consensus is a form of democracy"

Have we officially gone full retard?

Take your Rousseau socialism elsewhere won't ya?
2282  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) on: August 30, 2015, 11:20:33 PM
I feel this whole blocksize drama is just what it is: drama. It aint gonna happen.
If they fork, the old/original version will come out as the one with the most value (as in longest valid chain, and as opposed to spammed/centralized/etc chain).

Probably there will be some adjustment time considering difficulty and the hashrate being divised, but Bitcoin 'original' can only triumph in the end.
Plus we get to loose all them ph0rking n00bs with their beloved companies, government and frappucinos.. ergo much much value Smiley
I am not convinced by your argument. It would be more convincing if you tried to rebuttal the arguments that have already been presented.
The problem is you write too much. Maybe you'd like to present a cogent and concise argumentation of why BIP101 is necessary?
I already have, and you have so far failed to respond to my counter argument of your rebuttal.

https://bitcointalk.org/index.php?topic=1164464.msg12270744#msg12270744
This dillema in Bitcoin can not be simplified, you can not come up with one liners that adequatly explain all of the relavant factors involved with this issue. However I can present you with an extremely simplfied argument since you did request it, If you would like to see this in context I suggest you read the whole article I have written on the subject.

To put it simply, if we do not increase the block size it will be more expensive and less people will be able to use it, that is to transact on the main chain directly.

However if we increase the block size then it will be less expensive and more people will be able to use it. Even if full nodes will only be able to be hosted on powerful computers with high bandwidth connections. Considering that these would be the most likely outcomes with increased adoption. I argue that increasing the blocksize is the most decentralized option considering the alternative.

https://bitcointalk.org/index.php?topic=1164464.0

How about this: I don't particularly care about the amount of people using it. I'm more focused on the capital it attracts.

Let me stand proud and say I would forsake 1,000,000 users for every billionaire we attract. How do you like that  Grin

Let me spin you one-liners for fun :

if we do not increase the block size it will be cheaper for more nodes to access governance of the network

if we increase the block size then it will be more expensive and less people will be privileged with this access

but who cares about the nodes, right  Roll Eyes
2283  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) on: August 30, 2015, 10:35:13 PM
I feel this whole blocksize drama is just what it is: drama. It aint gonna happen.
If they fork, the old/original version will come out as the one with the most value (as in longest valid chain, and as opposed to spammed/centralized/etc chain).

Probably there will be some adjustment time considering difficulty and the hashrate being divised, but Bitcoin 'original' can only triumph in the end.
Plus we get to loose all them ph0rking n00bs with their beloved companies, government and frappucinos.. ergo much much value Smiley
I am not convinced by your argument. It would be more convincing if you tried to rebuttal the arguments that have already been presented.

The problem is you write too much. Maybe you'd like to present a cogent and concise argumentation of why BIP101 is necessary?
2284  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 10:34:06 PM
we basically agree but I still don't see any reason why it needs to remain "centralized" so for that reason I don't think you've invalidated what Peter R had to say.

Similar to how several people convinced themselves that "bitcoin couldn't scale" (and so now we see such a vicious backlash against increasing the max block size as these people overcome their cognitive dissonance), I think people also convinced themselves that Bitcoin Core would be the permanent core of Bitcoin (and again now they make up reasons for why we need centralized development to keep Bitcoin decentralized).  

It's sort of ironic that the push to increase the block size is what woke the community up to the problem of developer centralization in the first place.  Prior to this debate, people took it for granted that "basically everyone runs Core."  



In response to Brg444: everyone agrees that the consensus rules need to be such that the implementations don't permanently fork.  That's not the debate here.  The debate surrounds the question of why the choice should be dictated by a specific set of developers.  The only argument I've heard is a hand-wavy "well duh it will be chaos otherwise and the various implementations will all fork."  I don't find that convincing.  

So how do you imagine this works? Let me guess... DEMOCRACY!

Everyone pushes their own code to the consensus and may the best one win? Everyone gets to vote somehow?

How do you propose different sets of developers working on their own implementation decide on a consensus code?
2285  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 10:29:17 PM
Elements...yeah...we already knew that.  Well at least he gives a use case.  Still too vague overall.

btw, if you think your snide sarcasm makes you appear more intelligent or respected, let me inform you: it doesn't.

Sorry, that's just how I deal with disingenuous noobs.

have you ever written any related Bitcoin code?

"I don't write code, I write checks" - Jay-Z.... or was it?  Grin

ok, well I have written some Bitcoin code...a few utility scripts in the electrum section of this forum.
Nothing spectacular but since apparently more than you've done, the noob comments are funny.

Have a nice day.

the "iCode" argument

 Cheesy


2286  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 10:19:31 PM
Elements...yeah...we already knew that.  Well at least he gives a use case.  Still too vague overall.

btw, if you think your snide sarcasm makes you appear more intelligent or respected, let me inform you: it doesn't.

Sorry, that's just how I deal with disingenuous noobs.

have you ever written any related Bitcoin code?

"I don't write code, I write checks" - Jay-Z.... or was it?  Grin
2287  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT has code which downloads your IP address to facilitate blacklisting on: August 30, 2015, 10:01:26 PM

And how do you stop other nodes from using the feature against you? Turning it off stops your node from deprioritising others, not others from deprioritising you. This is an elementary logical fallacy; you cannot control the behaviour of other nodes, only your own.


Logical fallacy my ass.

If I want to blacklist you, I will create an ipset 'blacklist' of type hash:ip

Then I ill add your address by

Code:
ipset add blacklist n.n.n.n 

Thats how its done. You cont need Core or XT to do that.  Any node can do that to you right now, running Core 0.11 or any other version.

 Cheesy

Did you even understand what Carlton wrote? You basically fell into the same logical trap he pointed out.
2288  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 09:51:39 PM
Elements...yeah...we already knew that.  Well at least he gives a use case.  Still too vague overall.

btw, if you think your snide sarcasm makes you appear more intelligent or respected, let me inform you: it doesn't.

Sorry, that's just how I deal with disingenuous noobs.
2289  Bitcoin / Bitcoin Discussion / Re: BIP 100 is an unbalance. Here's why. on: August 30, 2015, 09:49:51 PM
Let's start simple. Can you give a rational argument against immediately raising the block size cap to 8MB?

If you wanna play this game I can: it will effectively retire a number of nodes from the network. It is a slippery road opening the door for more unadvised decision encouraged by populist movements. The effects on securty and the network are unknown and have yet to receive any legitimate testing.

There are plenty of arguments really.
2290  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 09:21:47 PM
confirmed: gmax refuses to disclose blockstream business model beyond vague generalities:

https://www.reddit.com/r/Bitcoin/comments/3hjak7/the_hard_work_of_core_devs_not_xt_makes_bitcoin/cu8ityt

You've never had any interactions with the business world or educated yourself a little on the matter have you?

Let me break the news for you: no one is stupid enough to disclaim their business plans in full details.

Please stop making assumptions about what I know or have done.

The point about blockstream isn't that they need to or should reveal trade secrets.
But many would like them to reveal enough to mitigate concerns over conflict of interests.
Whether or not that is feasible is unknown, but clearly they haven't done it and
I am pointing out that important fact.

As far as a centralized authority being in charge of the code, you are entitled to that opinion.
Ironically, that is an opinion Mike Hearn has expressed too.  But you are anti-XT.  So that
just shows you like the idea of authority, as long as it's one you agree with.

Quote
[–]nullc

BRAINSSSS.

But really, look at the kind of work we're doing open source cryptographic solutions to solve really hard problems which other people aren't able or aren't trying to solve, E.g. the CT range proofs that protects commercial confidentiality by making transaction values private. Or using Elements Alpha to give people powerful, secure, auditable databases for internal transaction tracking and clearing. Helping smaller players the Bitcoin industry with uniform access to technical firepower that they're not justified hiring full time (and perhaps couldn't-- being the one hard core bitcoin guru at at web shop is a lonely place to be).
Some companies to look at for examples would be things like RedHat's, Cisco's open source and IETF work, and the Mozilla Corporation. (I'm not saying our dozen or so person company is like these organizations yet, but they are places we've looked for inspiration, places people at blockstream have worked before, etc.)

If you can't grasp what their model is after reading this then no amount of explaining will do the trick. Maybe you ought to ask them for a "take your kids to work day" kind of thing?
2291  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 09:06:48 PM
we basically agree but I still don't see any reason why it needs to remain "centralized" so for that reason I don't think you've invalidated what Peter R had to say.

You don't understand why the consensus critical code that EVERY single node in the network needs to run cannot be modified at will by all sorts of different implementations!?!?!

I don't know what to tell you.... Huh think harder? You do understand the implications if certain nodes do not agree on the rules ?

What you are saying is true, obviously.

The advantage of several implementations is that rule changes are done more 'democratically'.  Contrast this to the current debate where the 'core' doesn't want to raise the blocksize limit right now but others do, and those that do are forced to implement code from Mike Hearn, who not everyone trusts.

We don't need democracy! Please stop trying to stick its failures to Bitcoin as well.

We need expert consensus on secure and properly vetted code. Having more idiots "vote" on what should go into the consensus code doesn't help with the process.


Oh yeah! That's why Switzerland failed: Having more idiots "vote" on what should go into the consensus politics, instead of a gang of professionals who decide.

What a ridiculous and ignorant comparison.

We're talking about code. Not politics. GTFO
2292  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT has code which downloads your IP address to facilitate blacklisting on: August 30, 2015, 09:01:36 PM
By sowing more disinformation?
That wasn't my intention, but maybe some willful ignorance on my part. (which is probably just a bad)
Anyway, thanks for reply and making me understand the issue better.

Quote
And how do you stop other nodes from using the feature against you? Turning it off stops your node from deprioritising others, not others from deprioritising you. This is an elementary logical fallacy; you cannot control the behaviour of other nodes, only your own.
You're right, if I understood it correctly, when XT node is under DDoS attack and your node connects to it via TOR it would drop your connection. In normal circumstances that shouldn't happen though.

As you say you cannot control the behaviour of other nodes so such code would probably be better disabled by default. (if someone wants protection from DDoS attacks coming through TOR they could enable it, but as default all peers would be treated the same)

Quote
Does a hardcoded list of permissible TOR exit nodes compromise privacy? Can I get a "hell yes"? (link to the XT relevant code, conveniently, is a few posts above)
See above.

See my reply before yours. The privacy issue is really behind the point. The gist of the problem is that this introduces unnecessary trust as these "lists" are necessarily maintained by a third-party.
2293  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 08:54:14 PM
confirmed: gmax refuses to disclose blockstream business model beyond vague generalities:

https://www.reddit.com/r/Bitcoin/comments/3hjak7/the_hard_work_of_core_devs_not_xt_makes_bitcoin/cu8ityt

You've never had any interactions with the business world or educated yourself a little on the matter have you?

Let me break the news for you: no one is stupid enough to disclaim their business plans in full details.
2294  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 08:52:40 PM
we basically agree but I still don't see any reason why it needs to remain "centralized" so for that reason I don't think you've invalidated what Peter R had to say.

You don't understand why the consensus critical code that EVERY single node in the network needs to run cannot be modified at will by all sorts of different implementations!?!?!

I don't know what to tell you.... Huh think harder? You do understand the implications if certain nodes do not agree on the rules ?

What you are saying is true, obviously.

The advantage of several implementations is that rule changes are done more 'democratically'.  Contrast this to the current debate where the 'core' doesn't want to raise the blocksize limit right now but others do, and those that do are forced to implement code from Mike Hearn, who not everyone trusts.

We don't need democracy! Please stop trying to stick its failures to Bitcoin as well.

We need expert consensus on secure and properly vetted code. Having more idiots "vote" on what should go into the consensus code doesn't help with the process. I know that's what Mike Hearn will have you believe but that's just plain wrong.

Not everyone's opinion should be weighted equally in this decision and it's a dangerous idea to try an introduce more "voters" "because decentralization".
2295  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) on: August 30, 2015, 08:46:09 PM
<snip>

Time to call Bitcoin XT what it is: the biggest fail in altcoin history

You must not deal or look at altcoins much eh?

Do you know of any other altcoin which has not succeeded in mining any block, has exactly 0 transactions on its network and not 1 active user?
2296  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT has code which downloads your IP address to facilitate blacklisting on: August 30, 2015, 08:45:04 PM
Wow, this is fucked up and props to turtlehurricane for disclosing this Very important piece of information!

I have not read the whole thread yet, don't hate, I just came here after seeing BayAreaCoin's signature. Had to post to follow along with it in my subscribed threads and so I can catch up and read through what I've missed. Damn, drama on BitcoinTalk is so time consuming with 2 kids sometimes, but I always love to follow along and "be in the know"!

I'll spare you from reading. (if you have time, go ahead though.)

By sowing more disinformation?

In case Bitcoin XT node comes under DDOS attack and connections get filled it will decrease priority of IP-adresses of known TOR exit nodes, thus dropping them in favor of non TOR connections. You can disable this feature if you think it's not a good idea or even use client that doesn't contain it (BIP 101 only).

And how do you stop other nodes from using the feature against you? Turning it off stops your node from deprioritising others, not others from deprioritising you. This is an elementary logical fallacy; you cannot control the behaviour of other nodes, only your own.

The code doesn't compromise your privacy. If you run a node your IP address is visible on the clearnet anyway (how do you think other peers connect to you) and if you are behind a proxy or using TOR this code won't run.

Does a hardcoded list of permissible TOR exit nodes compromise privacy? Can I get a "hell yes"? (link to the XT relevant code, conveniently, is a few posts above)

More importantly it compromises trust as it necessarily introduces a third-party who manages this list.
2297  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2015, 08:42:20 PM
In the outcome where the blocksize limit is lifted it doesn't matter who wants scarcity and whether or not they collaborate. As soon as the "artificial" scarcity cap is removed it enables the unlimited amount of resources competing for block creation to ignore the capacity of others and drive the creation of bigger and bigger blocks. No amount of pools or "majority" can discourage them from doing so. Their only deterrent is the orphan risk which becomes infinitely small as technology improves.

With the current limit of 1mb for the last 5 years, the vast majority of blocks averaged about 40% of this limit. Miners are incentivized to produce the tightest, efficient blocks  dependent upon tx's.  Its only in the last few months that tx'x are such that block sizes are tending to close on this limit.

Correct observation though there are a couple reasons to explain that, mainly:

1. Connectivity: orphan risks have been a considerable issue early on as connectivity between miners, nodes was not properly optimized and propagation delays were a concern. These risks have been considerably alleviated recently by different methods and generally by more centralization between miners. Chinese miners have a indeed a tendency to produce smaller blocks because of their inherent bandwidth issues.

2. General state of the ecosystem which still hasn't fully moved out of the amateurs phase. Don't get me wrong there is now various absolutely professional mining operations being ran but there is still enormous room for hardware corporations to move in and totally run the small players out of the game. These actors will not be deterred by bigger blocks and connectivity issues.
2298  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) on: August 30, 2015, 08:03:27 PM
Again: The true value that Bitcoin brings to the table is not "everyone gets to write into the holy ledger", it is instead "everyone gets to benefit from sane and non-inflationary financial instutions whose sanity and honesty are ensured by the holy blockchain".

Basically you can't reply to the simple question of "who is going to run a node for these financial institutions?". Gotcha.

And you keep talking about keeping the blockchain decentralized? What a joke you are.

Financial institutions may run their own nodes, hire a specialist, or use SPV.  The point, for the sake of the network remaining diverse/diffuse/defensible/resilient, is to maintain the option of "really" (IE trustlessly) using Bitcoin for anyone with a $300 laptop and 1Mb upstream.

The broader point is that Bitcoin grants anyone with such a laptop and pipe the (revolutionary) option of being their own (disruptive) financial institution.

Absent a crackdown or other type of crisis, most people will simply "benefit from sane and non-inflationary financial instutions whose sanity and honesty are ensured by the holy blockchain."

But if there were a crackdown or other crisis, we must ensure that ~everyone is economically and technologically able to "write into the holy ledger."

A good example of where the anti-Blockstream people have a point IMO.

How will Lightning make money, and for who? How will that be structured? Will settling all Lightning channels on the blockchain provide enough revenue to keep miners incentivised?

The answers aren't complete because the system isn't finished. Where my agreement with people like knight22 ends is with their conclusion: because side chains framework and Lightning are currently incomplete, therefore the only other scaling "solution" is what everyone should choose, regardless of the flaws in that idea. Being the only game in town is frequently cited as a good reason to support 101 lol

Lightning will make money for anyone running a hub. Anyone can run a hub. In a certain way hub can tend toward centralization since they benefit from liquidity but there are technological solutions to this problem.

The second part of your comment starts with the premise that we are urgently in need of a scaling solution that should be implement RIGHT NOW so any solution is good enough and we can't possibly wait 3-4 more months to decide on more alternatives. I find myself disagreeing with this urgency.
2299  Bitcoin / Bitcoin Discussion / Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) on: August 30, 2015, 07:59:30 PM


Nick has been on a roll lately  Cheesy
2300  Bitcoin / Bitcoin Discussion / Re: Thoughts from Russia on the block size situation and Blockstream on: August 30, 2015, 07:44:18 PM
we basically agree but I still don't see any reason why it needs to remain "centralized" so for that reason I don't think you've invalidated what Peter R had to say.

You don't understand why the consensus critical code that EVERY single node in the network needs to run cannot be modified at will by all sorts of different implementations!?!?!

I don't know what to tell you.... Huh think harder? You do understand the implications if certain nodes do not agree on the rules ?
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