Deterioration in internet capacity. Possible. Netflix is in trouble, dump your shares. Better make your way down to the bank branch to find out it has been closed due to online banking use.
Yes, and the "Mad Max" hyperbole is nonsense, something closer to Brave New World or Terry Gilliam's Brazil IMO (Terry Gilliam's Brazil is pretty close to reality even now)
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Not realistic
Deterioration or outright paradigm change of the global internet is very plausible. Get a grip
@Lauda, did you stop talking when I proved you thoroughly wrong, only to leave an opening for Mr. Walls-of-text to disrupt the thread?
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So, assuming technology allows us a certain size on-chain post-Segwit, you still wouldn't accept any kind of increase (regardless of BIP, author, implementation)?
You're attempting a false premise right off the bat There is no guarantee that internet infrastructure will be sufficiently capable to deal with on-chain scaling to begin with. Instead of designing changes around a medium or best case scenario that hasn't happened yet, we should plan for the worst case scenario instead You're making a super huge assumption that global internet connectivity does not deteriorate over the next 5 years of your "scaling" plan What happens if the global internet infrastructure deteriorates in bandwidth or connectivity over that timeframe?
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So your position is what exactly, 2 MB (Segwit) and layer 2 only?
I'd accept 4MB Segwit (which is the actual proposal), or less increase than that. And of course, the only purpose of that is in reality to enable 2nd layers, yes. Because only 2nd layers provide any meaningful scaling paradigm
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You're wriggling Lauda, visibly
Saying "X MB is acceptable in Y time frame" == saying on-chain scaling works
Go on, try again. See if Franky's strategies work for you, repeat your logical fallacy again and again and again
Following your own logic, by supporting Segwit (2/4MB maximum) you are stating the same, i.e. saying on-chain scaling works. Sigh. More Franky style lying by omission You know full well that's not my position, I don't think Segwit's 4MB is sensible either. And you know that, hence you are dishonest Proving them wrong? Why yes, when they are wrong, that's what one does
You can do that without attacking character/behavior or whatever. And now the actual ad-hom. I am saying things about you that are relevant to the issue, and which are also true My assessment proves that you have built up trust in the long term, then used up all of that trust in a couple of days to sell a contradiction.
Problem?
Untrue. I am not selling anything. Bitcoin Core roadmap has a dynamic block size/flexcaps down the road AFAIK. We are all selling, Lauda, every minute of every day. Only the dishonest deny it, even if they are primarily lying to themselves
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You're wriggling Lauda, visibly Saying "X MB is acceptable in Y time frame" == saying on-chain scaling works Go on, try again. See if Franky's strategies work for you, repeat your logical fallacy again and again and again Now, that's a sudden change in your behaviour, not your character, your character was clearly always prone to hypocrisy and conceit.
And there it is. Is this your way of handling things when someone has a different stance on a matter? Proving them wrong? Why yes, when they are wrong, that's what one does My assessment proves that you have built up trust in the long term, then used up all of that trust in a couple of days to sell a contradiction. Problem?
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How there be no rule of law, in a country where the media follow the government's orders, or where the authoritarian state does whatever it wants It is a "socialist paradise" where the rule of law is non-existent.
The remaining media has to follow the government's orders.
In authoritarian states that provide "free" electricity, "free" health care etc they can do whatever they want.
Not to mention, Venezuelans are having their passports confiscated and their passport applications denied, en masse. Sounds like they have an incredibly unyielding and powerful rule of law to me. When you say "no rule of law", I think maybe you mean "no moral code", which is most definitely not the same thing
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Talking head
Slippery slope I strongly recommend sticking to people who've made technical contributions only, which is why Vitalik Buterin shouldn't be on the list
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Stop attacking my character. I was always pro :Segwit -> proper HF. I've been saying this for a long time. The primary problem for me is the lack of a proper proposal (e.g. Luke-jr's is bad, emergent consensus is a disaster).
Your behaviour is being attacked, not your character (seriously, you're now reaching for the bed-wetting "ad-hom" rhetoric) You've consistently excluded any interest in suddenly changing your mind to "on-chain scaling works", if you said it, it was 1% of your total output for several YEARS , and you've certainly never said "on-chain scaling works", even if you did express an interest in "2MB only". Now, you're here using all the trust and confidence others might have placed in you to push for the opposite of what you used to say, and this has been 75% of your output in JUST A FEW DAYS. Are you hoping that no-one would notice the huge, gaping contradiction? Now, that's a sudden change in your behaviour, not your character, your character was clearly always prone to hypocrisy and conceit.
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I'm fine with segwit + 2MB. Which is not what's being proposed
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everyone wants #1 but.... there are two sides both with valid points, and its not at all obvious in anyway which is favorable, yet both sides are utterly convinced DOOM awaits if either side wins.
You're entirely wrong Segwit may not be perfect, but the notion that BU is an honest or valid attempt at developing Bitcoin is a great big joke. Today's fees are supposedly unbearable, prompting big block crusaders. What happens to BU when the price increases by more than 16x? The coveted 10,000 satoshis fees will suddenly become $2 again. We'll be right back in the same exact situation, big blockers screeching "blOkS arnT biG eNufffff, raISE thE ceilIinGGGG!!!!!!1" Which part of "big blocks are not a valid scaling paradigm" do you not understand? How fucking stupid are you?
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What I'm thinking is there will never be consensus.
Let's see what happens when some form of UASF gains popularity with people that don't have all day long to sit around shit talking about this You can all fuck off with your "2MB" compromise, which has taken less than 12 pages to warp itself into 12MB Lauda in particular, you should know better than this by now, which makes me question your intentions towards the whole issue to begin with I hope you all have sufficient understanding of what "fuck off" means
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If core put a pure BIP100 vote option in a release, I'd expect it would happen.
If that's what you're expecting, you're wrong on both counts And you know you're wrong, don't you
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why are you jackals trying to promote 2 different "Democratic" blocksize proposals at once (this and BU)
is it because user support for BU is so low, despite how many BU nodes you have spread out over so many hosting services
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It seems to me that part of the job of verification is for your node to check signatures are valid.
If you move the signing data out of the primary block after a transaction has been accepted, then that process need not be done again, with such forensic analysis. Why would this not increase the speed of the verification process that each node performs?
Is this not already (or planned ) as a part of the Compact Blocks design, or is that wrong? Sounds interesting either way
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Ah, so there is at least a proposal for a spec (I seem to remember there was an old one that was withdrawn)
Last wallet question
Have you guys tested the compressed P2SH keys on testnet? Any problems? I'd quite like to begin using them, it seems incredibly anti-social to continue to use uncompressed keys if their implementation is considered safe to use now.
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The closer the EU comes to disintegration, terrorist attacks will increase in frequency and severity, and the EU parliament will call a state of emergency that prevents any states from becoming independent, for "security reasons".
You could always vote harder though, lol
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So what, Bitcoin still works.... if we make inroads later, then so be it. Doesn't all have to happen now. For me, it's equally, if not more possible that financial markets become a part of Bitcoin before Bitcoin becomes a part of the financial markets A bit too "blue skies" maybe, but I expect people said that about electronic internet cash once, too
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And there is nothing conservative about segwit. It is a massive code change, and a radical change to the network topology of bitcoin.
...the majority of which isn't code in the software, but external testing code that's not a part of Bitcoin itself Are you suggesting that diligent testing code is somehow irresponsible? Your presentation of the facts is selective, and irresponsible
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BU is more voted, what does this tell you?
That it's not a vote, lol When a proposal wins a vote, it becomes dominant. BUcoin won't survive the markets, the vast majority of commercial and private players actually using Bitcoin are publicly rejecting it
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