you simply cannot convince women to buy into bitcoin.
ok that might work. |
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The longest proof of work chain is the consensus mechanism.
You keep spreading this falsehood. While it is not exactly wrong, it's not perfectly right either.
Not really. "the longest chain" is ambiguous. It should really be "the longest valid chain", and then you need to define which coin's concept of "validity" you're using. Every client follows the longest valid chain - that's precisely how they decide which chain to follow.
So assuming the question is "will my node follow the longest valid Bitcoin chain?", then the answer is "no" for XT once BIP101 is activated. At that point XT stops following the longest valid Bitcoin chain and starts following the longest valid XT chain, whereas the answer is "yes" for Bitcoin.
 It's my understanding that neither of these assertions is true in Bitcoin XT. XT changes the consensus mechanism significantly: Another less cited new feature of the XT client is a change to chain selection/consensus rules. XT clients don't follow the longest chain, they follow the chain with the highest XT checkpoint embedded into it.
another reason to shit on XT. wtf did gavin purposely fuck XT up??? |
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you guys dont friggin get it.
THERE IS NO CHOICE
THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT
THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE
GOD DAMN YOU BLIND SHEEPS ALWAYS CRAVING TO FOLLOW SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT
YOU BUNCH OF RETARDS THAT JUST CANT STAND MORE THAN 3 MINS WITHOUT MISSING THE LEASH
I understand that you worry about your investment, but this is not healthy. Either get out of Bitcoin or show some dignity. Edit: You're not you when you're hungry. Maybe you need a Snickers?
Yeah, and that.   |
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The longest proof of work chain is the consensus mechanism.
You keep spreading this falsehood. While it is not exactly wrong, it's not perfectly right either.
Not really. "the longest chain" is ambiguous. It should really be "the longest valid chain", and then you need to define which coin's concept of "validity" you're using. Every client follows the longest valid chain - that's precisely how they decide which chain to follow.
So assuming the question is "will my node follow the longest valid Bitcoin chain?", then the answer is "no" for XT once BIP101 is activated. At that point XT stops following the longest valid Bitcoin chain and starts following the longest valid XT chain, whereas the answer is "yes" for Bitcoin.
who gives a shit ? bitcoin simply IS we are at the bottom. buy buy buy!!!!!! |
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bitcoin is bigger than the sum of its parts.buy Buy BUY!!!!!!!!!! |
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There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.
Exactly. What is wrong with the goal of decentralizing development across multiple competing implementations? what is LTC? if not a competing implementation. what we really need is to somehow continue to improve bitcoin in the best possible way. if we stand still a competing implementation WILL FOR SURE eventually becoming bigger and better then bitcoin. |
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Get a GYM membership, eat healthy, stay away from munchies&beer&coke. Stop excessive masturbating that ruins your body. Get a decent job with good salary.
Then, you ll be able to motivate "womens" for anything.
LOL! not true, you might have a good chance at motivating them into sleeping with you, but i don't care how 'hot' you are you simply cannot convince women to buy into bitcoin. |
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its likely poeple will vote for BIP101 while not being opposed to BIP100, they simply prefer BIP101, but will happily update to BIP100 onces the decision has been made. 90% doesn't allow for miners to vote for their preference, it forces them to vote for what they think everyone else will vote for.
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The miners aren't "voting". They are simply stating that they are willing to use their hash power to secure the blockchain.
but are they necessarily saying that they wouldn't secure the blockchain should there BIP they are supporting lose? probably not... probably they are expressing a preference. |
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lol wtf guys how hard is it to all agree to win some bitcoin together?
why didn't everyone vote 90%
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If there are 3 perfectly valid BIPs and one of them gets 90% hashing power it's a no brainer, that BIP is somehow far superior. 90% is idealy 75% is a threshold if we could get all the 90%'ters to switch their vote i could donate some BTC... if you still not convinced about 75% read this, or read the thread. consider this, if you set the bar for minimal hashing at 95% a large miner or pool can single handedly veto the change and ruin it for everyone else, in which case it's likely that the network would simply go ahead with the change anyway. 95% is ideal but not a good minimal limit.
75% is best because:
1) winning all the votes isnt easy.
2) 75% indicates that the BIP is somehow superior, to the other perfectly valid BIPs.
3) what individual miners want doesn't matter. in the end miners will mine the most popular chain, because $_$
4) 25% wouldn't be able to do any serious damage to new chain even if they ALL worked together to try and break BTC ( this highly unlikely, most will just accept the new chain and be thankful they got a chance to vote )
5) 75% is high enough to make sure the BIP by and large addresses most people's concerns, it wouldn't be easy to get 75%, its likely the BIP would have the make some changes along the way to TRY and accommodate everyone.
6) Miners do not necessarily disagree with that BIP but would rather another BIP win all the votes. Its unlikely all losing miners would turn on the network in anger... I don't go causing a riot when a gov election wins with a minority vote.
if all BIPs were all equally good you'd expect the voting to reflect that.
having 75% pretty much guarantees that that BIP is some how superior
that's why everyone needs to agree, 75% is pretty damn good. 80% is good, 90%+ is a no brainer implement the change right away! 100% = the change has been fully accepted by the network.
90%'ter argument is basicly "i'm scared that 2 forks will be created" |
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sure it's likely that the 25% that don't agree with will fall into line, but can we really call 75% a successful agreement
lets all vote 90%
I don't think we can call 75% consensus. That's more like 50% or so + a lucky streak. I believe consensus is basically paramount to virtually all other concerns in regard to the protocol. And that certainly includes a contentious debate about block size. I concur -- 90%. 91% of the poeple disagree with you. so in by your very definition we have reached consensus that 90% can't be considered the threshold HA put that in your pipe and smoke it  wait no thats the 95% option that has 91% of the poeple disagree with. never mind whatever 75% all the way |
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Now I am confused as to what constitutes "consensus", is it 75% or 95%?
100% and only 100% is true consensus. but when you talk about miners voting on one of many BIPs we can't actually expect them to reach 95% or 100% all the BIPs have pros and cons, there is no RIGHT or WRONG answer, its just opinions... once the change is made and everyone updates, its fact, bitcoin is exactly THIS, everyone agrees and we have "consensus"... |
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say there is a new BIP, 3 BIPs dev say hey lets ask the miners again everyone votes, votes are: 31% 31% 32% devs say "fuck it lets go with BIP100" they all agree " fine lets go with it" the change is implemented price goes up miners are happy. everyone is happy! so it really depends 75% is wonderful. if your vote is not 75% you answered the question incorrectly, please try again.  |
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if the BIP creates a fork, then you need much more than 75% to be on the safe side
that really depends, what if those 25% Mostly represent poeple that doesnt mind of bitcoin is 2MB+17%/yr or 8MB+22%/yr they made the less popular vote but still would not be hostile to the other option. suddenly 75% = Safe to Implement. and that is probably the case with BIP101 Vs BIP100 i personally do not mind if bitcoin is BIP101, BIP100, if it was up to me i'd pick BIP420, but BIP100 is easy to agree to. |
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Voted 75% because:
1) The children
2) I have no objections to 75%
3) I have no horse in the race.
4) To show how easy votes can be manipulated
So basicly... I voted for a small chance of someone else donating a bit to a good cause. Now I can feel so good about myself.
Could someone with a few dozen sock puppets join in on the vote? Think about the children!
Please everyone Change your votes to 75% so i can make a donation! besides you have no objections to 75% it's a valid answer, most popular, and happens to be the RIGHT answer! |
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I would be interested to see if after any given option reaches the 75% threshold if that option could reaching 90% or even 95% within the 12 hour period following. This is to test to see if 75% supermajorities really do lead to consensus or if there is large group of unhappy "losers" left over.
could take a while to convince everyone to change their vote to 75%.. 75-85% is a thoughtfully answers... it's a tough question. |
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consider this, if you set the bar for minimal hashing at 95% a large miner or pool can single handedly veto the change and ruin it for everyone else, in which case it's likely that the network would simply go ahead with the change anyway. 95% is ideal but not a good minimal limit.
75% is best because:
1) winning all the votes isnt easy.
2) 75% indicates that the BIP is somehow superior, to the other perfectly valid BIPs.
3) what individual miners want doesn't matter. in the end miners will mine the most popular chain, because $_$
4) 25% wouldn't be able to do any serious damage to new chain even if they ALL worked together to try and break BTC ( this highly unlikely, most will just accept the new chain and be thankful they got a chance to vote )
5) 75% is high enough to make sure the BIP by and large addresses most people's concerns, it wouldn't be easy to get 75%, its likely the BIP would have the make some changes along the way to TRY and accommodate everyone.
6) Assuming the other BIPs have merit too, and it's not that the other miners necessarily disagree with that BIP but would rather another BIP win all the votes. >75% all agreeing to one thing is hard! and its unlikely all losing miners would turn on the network in anger... I don't go causing a riot when a gov election wins with a minority vote.
if all BIPs were all equally good you'd expect the voting to reflect that.
having 75% pretty much guarantees that that BIP is some how superior
that's why everyone needs to agree, 75% is pretty damn good. 80% is good, 90%+ is a no brainer implement the change right away! 100% = the change has been fully accepted by the network.
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