Now that BitcoinXT (GVC) is pretty much dead in the water I wanted to get opinions from the community on why exactly it died.
The main reasons I think it died was
1. The roaring egos of the devs 2. The increased ability to control the coin through centralization
Thoughts?
~BCX~
i agree on both points 1 and 2 gavin coin will never be a reality
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Ok, so miners decide over whether to fork or not by setting their preferred version bits in the mined blocks. But wait! What if a bunch of rogue miners with a lot of hashing power would try to enforce a fork against the will of all other users? As miners will want their revenue, they will want to sell their mined coins. But if no other user would want to pay for coins correlated to the fork, enforcing the fork would mean a costly revenue loss.
While real world scenarios are hardly as simple as the one sketched above, it suggests that Bitcoin may be more democratic for non-miners with respect to forking decisions if common wallet implementations would allow distinguishing between version bits of the blocks where the coins originate from.
Any thoughts or objections?
I think the miners have a word in this and they will decide the outcome of this debate
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wow thats a nice prize to be won. i will try to decypher it now
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The Banach–Tarski ParadoxAs of Jul 31, 2015, the above video has enjoyed 3,853,383 views. If the folks viewing that can wrap their heads around the Banach-Tarski Paradox concept, then Bitcoin, with or without the math, should be a no-brainer for them. very nice video. i completely agree btc is sure to become mainstream.
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I understand there is a lack of alternatives, and there is not a better place for up to date information.
But, in the light of Bitcoin and what it represents, neither of these platforms promote the same ideologies. So, just curious to reach out and ask why the community continues to visit these sites? What is your take? Would you move to another platform? What would it take? What are your favorite alternatives? And 170,000 odd subscribers, what # do you estimates is multiple user accounts (I personally have about 8 of those) and active Bitcoiners?
its the two best resources of information.
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i think bitcoin can do both jobs correctly
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wow really? why did they take it?
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I watched the presentation on the lightning network and if it allows regular payments along with the option for this side enhancement then it could help a lot with the block size problem. The lightning network basically allows people to set up payment nodes to run transactions which can be as many transactions as you want in a certain amount of time without touching the blockchain. At the end of the time period the final balance of the transaction is posted to the blockchain. The people running the nodes have no way to interfere with the transactions and it allows for more anonymity. I am cautiously optimistic about it. https://www.youtube.com/watch?v=-aI4inWxBwki think the lightning network can help. more nodes is always better for bitcoin.
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Hi I am looking for a person who can translate 50 English comments to Spanish comments We dont need google translate or ... We need high quality Translation. You have to know the Spanish well or Spanish will be your native language Skype: pmtoc79 i can do greek if you like i also have a spanish friend.
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money is ruling the whole wide world
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Its absolutely certain that banks will create their own coins and their own blockchains. people will force them to do it.
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to describe bitcoin in one word i would say "unique"
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i dont know if xt nodes are fake or not. but this blocksize debate needs to end allright...
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google is one of dem companies that just create the best tech around. Thanks google. thanks bitcoin
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I wish i could buy a car and a house directly with btc (no fiat convertions)
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Bitpay wow! that surely is a lot of money. i hope they find out who did this and bring him to justice.
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Win and Mac wallet released, there is still time to buy in the crowdfunding campaign. 12 hours left guys
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what size does our blocks need to be split at? how many coins per split?
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Freebitco.in and BitBiz.io and moonbitcoin are my personal favorites
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wont the diff have to be capped at a very low number to do that?
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