It kinda looks you refer to this part by the link you posted: We trust that our fellow community members will also behave with integrity and uphold agreements made, but in the unlikely event that the 2MB block size increase portion of Segwit2x fails to activate, Bitcoin.com will immediately shift all company resources to supporting Bitcoin Cash exclusively But that's outright bullshit which is showing through. The second part of the Segwit2x deal will be activated only in November unless postponed by miners themselves due to bugs and/or instability of the code behind this hard fork (which, as to me, is the most likely train of events anyway), but it doesn't look like Bitcoin Cash is going anywhere at all right now. It seems more likely that it will be done with within days if not hours after it actually enters circulation on August, 1st. Honestly, you seem to be overacting Sure - in this quality it might be needed - the threat is of a new quality as well. I already said up-tread the threat is only relevant once BCC gains reasonable fraction and market share You seem to fail to see the forest for the trees Or it might be me who misinterpreted what you were trying to say. Anyway, what I mean to say is that if Bitcoin China gets traction, market share and recognition, it will make no sense for Bitcoin.com to stay with regular Bitcoin altogether, whether their "fellow community members uphold agreements made" or not. They are part of the mining cartel, and given that, this threat as such is not just irrelevant, it is actually cynical and hard-boiled, so to speak. The whole cartel will be just happy and eager to abandon this so-called "agreement" as well as regular Bitcoin if Bitcoin China does take off for real I guess you understood pretty much all. I just want to add if this ^ finally comes out, than the miners must do the killing threat to the 'regular bitcoin' and can save their physical bound equipment entirely. The killing could be in any way but the Nash equilibrium is just broken by the OPTION to so now. |
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Shit, this was not meant to create another bitcoin BCC thingy....
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It kinda looks you refer to this part by the link you posted: We trust that our fellow community members will also behave with integrity and uphold agreements made, but in the unlikely event that the 2MB block size increase portion of Segwit2x fails to activate, Bitcoin.com will immediately shift all company resources to supporting Bitcoin Cash exclusively But that's outright bullshit which is showing through. The second part of the Segwit2x deal will be activated only in November unless postponed by miners themselves due to bugs and/or instability of the code behind this hard fork (which, as to me, is the most likely train of events anyway), but it doesn't look like Bitcoin Cash is going anywhere at all right now. It seems more likely that it will be done with within days if not hours after it actually enters circulation on August, 1st. Honestly, you seem to be overacting Sure - in this quality it might be needed - the threat is of a new quality as well. I already said up-tread the threat is only relevant once BCC gains reasonable fraction and market share. Sane people can read and conclude. But the weapon seems to be created soon and loaded as well - This is about to discuss this and hopefully take steps that Chekhovs gun is not really used in the end. |
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Do not go longterm gold ROach (10-20 years), when the age of space mining starts gold and some other precious metals will be worthless.
If you're going to try and argue with me about metals, please have at least some primitive understanding of how the market works. I'm talking about future space mining, what the effect will have on the price later on, not metals vs Bitcoin. I appreciate youre explanation. btw i liked youre jew gifs  ----------------------------------------------------------------------------------------------------------------------------------------------------------------- Ayway...those bigblockers are all beeing played by Roger and Jihan. They're like rats leaving there sinking ship to another sinking ship. They shit on Bitcoin while XT was the best thing ever.. They shit on Bitcoin while Classic was the best thing ever.. They shit on Bitcoin while BU was the best thing ever.. They shit on Bitcoin while NChain was the greatest thing ever.. Few weeks ago Bitcoin ABC was the greatest thing ever while shitting on Bitcoin.. Now those noobs shitting on Bitcoin while Bitcoin Cash is the greatest thing ever.. Very good, but only one dimensional analysis, To put a second dimension to this, say marketcap % or growth potential with resp to tx space or so, you need a bit brain boy. |
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Clear professional behaviour, exactly what money business is about to engage proper reputation and attraction to the in and outside https://mobile.twitter.com/jgarzik/status/889476342881890305Childish moaning is not the right place for here. I really would like to see some tuned discussion about this here in most open forum for bitcoiners of all facettes. Thx to all!  |
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War? lol.
Such drama. I could not be happier with a process that is resolving on a solution that is a true consensus. This is exactly what is logical. Any change should be nearly impossible to implement. Only when it is in everyones interest does a change happen. Scaling is an issue that concerns us all, these BIPs are solutions everyone can live with.
It's working!
Your view is mostly correct. But what is when someone is bottlenecking these BIPS? |
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Sorry, wahrscheinlich ist das jedem ausser mir mittlerweile klar, aber ich stehe auf dem Schlauch.. Ist der Fork in den nächsten Tagen jetzt abgesagt?  Welcher? UASF? Da wird vermutlich nix forken, da ja aktuell alle ordentlich BIP141 singnalisieren. Ja, dieser Fork wurde (wahrscheinlich) "abgesagt" (kommt nicht zum Tragen). Dafür wurde jetzt aber mit Stichtag 1.8. der Bitcoin-Cash Hardfork aus dem Hut gezaubert. Und ja, die Jungs wollen ernst machen. Akutell ist es "heiß". Man kann nichts mit Gewissheit sagen. Wenn sich einige Miner plötzlich zusammentun würden, könnten wir innerhalb weniger Stunden einen Hardfork haben. Ruhiger ist es erst wieder, wenn der BCC-Fork durch ist (oder abgeblasen wurde) und Segwit eingeloggt ist (in gut 2 Wochen). Dann wird es erst wieder zum SegWit2x Hardfork in 3 Monaten spannend. Alles klar, danke, dann bin ich schon mal schlauer. Mit diesem Cash-Dingens will ich nix zu tun haben glaube ich.. Meinst das hier ? http://www.globalfuturist.org/2017/07/chinas-cashless-future-pboc-gets-ready-to-launch-worlds-first-national-cryptocurrency/ |
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I'm not entirely sure why, perhaps this makes me a dick for saying this, but I hope Bitcoin Cash fails horribly. Wasn't Satoshi's original vision for bitcoin to have only 1MB for the block size? I'm not saying that he is correct with this stance, but I don't think it is cool that they use Satoshi's name like that to market themselves when it isn't his "original vision" like they say it is.
"We the people will breath new life into bitcoin"?? What is this? Most of us people don't want a fork, right?
Like so many you have been misinformed by those who wish to see bitcoin fail. The reality is the opposite of what you have been told, beware of the intense level of propaganda that prevails. Satoshi's original design called for blocks to grow. The 1Mb limitation is currently imposed by a small and voiceful faction of the community who call themselves 'Core Developers' who don't want bitcoin to scale so they can implement an additional layer with their own technology on top of bitcoin. So for all intents and purposes Bitcoin Cash is closest to Satoshi's vision. Having said that, it doesn't mean the fork is a good idea. There is a community consensus to implement segwit on Aug 1st and then increase block sizes in November and this is what should be followed. I agree with this post. with segwit you add another layer of potential problems. when a simple modification to a 10mb block would have solved the issue temporary before raising to 100mb. So why shall I have confidence in adding another layer to bitcoin? I am better using pivx for example where there will no problem or question about scaling the block size once the transaction capacity is reached (actually 70tps)... it's pathetic. How do you plan to make money with segwit? Is there a way to host a second layer node and make some sats? +1 Some people here get it - Yes it is far better to (free) scale on-chain, say 8MB or 10MB and let it work for some years. This is Satoshi. How much years this would give us ? about 3-5 or more ? On the other side you give Moores law a chance (also in Satoshi's vision), and let it work for us - next level technology = free. Far far better mates! SW is clearly over-engineering and keeps lots of defs away and the HF Monster needs to play the FUD role. SW allows better 2nd layer engineering - but in terms of energy and resources this is just wasted and dilutes bitcoins absolutely strongest Satoshi security. strong approval. How can I profit from segwit? I setup a node and get some fees? Hehehe - not too quick Lookup Lightning Network or similar projects ... but as I say it's wasted energy to bitcoin on-chain secure scaling .... |
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I'm not entirely sure why, perhaps this makes me a dick for saying this, but I hope Bitcoin Cash fails horribly. Wasn't Satoshi's original vision for bitcoin to have only 1MB for the block size? I'm not saying that he is correct with this stance, but I don't think it is cool that they use Satoshi's name like that to market themselves when it isn't his "original vision" like they say it is.
"We the people will breath new life into bitcoin"?? What is this? Most of us people don't want a fork, right?
Like so many you have been misinformed by those who wish to see bitcoin fail. The reality is the opposite of what you have been told, beware of the intense level of propaganda that prevails. Satoshi's original design called for blocks to grow. The 1Mb limitation is currently imposed by a small and voiceful faction of the community who call themselves 'Core Developers' who don't want bitcoin to scale so they can implement an additional layer with their own technology on top of bitcoin. So for all intents and purposes Bitcoin Cash is closest to Satoshi's vision. Having said that, it doesn't mean the fork is a good idea. There is a community consensus to implement segwit on Aug 1st and then increase block sizes in November and this is what should be followed. I agree with this post. with segwit you add another layer of potential problems. when a simple modification to a 10mb block would have solved the issue temporary before raising to 100mb. So why shall I have confidence in adding another layer to bitcoin? I am better using pivx for example where there will no problem or question about scaling the block size once the transaction capacity is reached (actually 70tps)... it's pathetic. How do you plan to make money with segwit? Is there a way to host a second layer node and make some sats? +1 Some people here get it - Yes it is far better to (free) scale on-chain, say 8MB or 10MB and let it work for some years. This is Satoshi. How much years this would give us ? about 3-5 or more ? On the other side you give Moores law a chance (also in Satoshi's vision), and let it work for us - next level technology = free. Far far better mates! SW is clearly over-engineering and keeps lots of defs away and the HF Monster needs to play the FUD role. SW allows better 2nd layer engineering - but in terms of energy and resources this is just wasted and dilutes bitcoins absolutely strongest Satoshi security. |
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Grosse Unbekannte hierbei sind die Grossen Bitcoinowner.... Wenn man wüsste ob die dumpen oder nicht?
Ich als kleiner GROSSBLOCKER werde wie immer halten.
Du kannst meine auch noch dazubekommen, wenn ich dafür die gleiche Menge an BTC bekomme.  Haha, ich kann mir nicht vorstellen, wo ich die hernehmen könnte. Frag mal Roger... Der wurde schon mal gefragt - und hat dann doch den Schwanz eingezogen. Der soll sich mal ein Beispiel nehmen bei John McAffee Hier nochwas zum Kurspotential (on-thread): Bald gibt es wie PaperGold auch PaperBitcoin Derivate: http://diepresse.com/home/wirtschaft/boerse/5257913/Erste-Zulassung-fuer-BitcoinDerivate-in-New-YorkWow.... |
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Jeff Garzik tut mir leid. Der Mann will das Beste für Bitcoin und die Bitcoin-Cash Idioten fallen ihm jetzt in den Rücken. An seiner Stelle würde ich hinschmeissen. Wozu soll er sich abarbeiten, wenn einige Unterzeichner des Roundtables jetzt auch einen anderen Fork unterstützen? Die Idee von Segwit2x war ja, einen Kompromiss zu finden, der für beide Lager akzeptabel ist. Der Support einiger Miner und Unterzeichner des New York Consensus (insbesondere Viabtc) für Bitcoin Cash widerspricht komplett der Idee von Segwit2x, denn wenn es eine Big-Block Chain gibt, braucht man auch keinen Kompromiss mehr und kann bei 1 MB bleiben. Ein bissel haste Recht, aber: Wenn SW2X mit dem 2x kommt, sich Core auch kompromissfähig zeigt, alle Abkommen (Hongkong, NYA) eingehalten werden, der Krieg sich legt, alle wieder am BITCOIN Strang ziehen, selbe Richtung, OFFEN arbeiten- ohne andere irgendworein zu zwängen... dann gebe ich BCC auch keine echte Chance. Die Wahrscheinlichkeit ist jedoch latent, dass sich die Comunity hier immer weiter zerfleischt, wegen ein paar Zeilen Code Es ist oft nur die Reputation (Aussenwirkung), die Leute mit Geld anzieht. Die ist leider in Bitcoin stark angekratzt. Andere Alts arbeiten hier wesentlich besser - somit ist Bitcoin bedroht. |
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How does the wallet=miner gets all the required data like last block, utxo,...? Only SPV style?
SPV clients will continue to work as normal. They can still mine blocks - it wont matter if they don't place their blocks right at the latest head block because their blocks will get referenced as an uncle by other, more dedicated miners. So the more dedicated miners are the common miners we know yet? What is the difference than to 0-conf TX ? |
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we are going to have a second layer and we will allow bigger blocks.
stop worrying about irrelevant stats like node count, 10000 raspberry pies with poor connectivity isn't going to make your network more resilient than 1000 20K dollar machines.
bitcoin's security model is based on hash power. dont like that? make an Proof Of Nodes altcoin.
Bigger blocks on a second later will be pretty sweet. Sweets are killing your life more than weapons these days... Bigger blocks at first is the healthy medicine a Bitcoin maximalist needs most. |
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Given that miners might reuse now for BTC and BCC their high valued long term investments = mining hardware, they might be able to do selfish mining / 51% attacks to bitcoin whilst parallel shorting bitcoin and destroying it for the longer term.
On the other side BCC might get a lift and could replace bitcoin, at least in Asia ( who cares we see only some 5k reddit users here in the West) ...
This might not work as you think it should In real life, it will most likely be a one-shot attempt. They could indeed first short the real Bitcoin heavily (like hackers likely did before the Bitfinex hack nearly a year ago), and then crash it massively (earning handsome profits in the process), but they won't be able to earn from the alternative Bitcoin (Bitcoin Cash) rising since people will avoid it like a plague and dump their stashes of both Bitcoin coins like hot potatoes. Any sane person would either leave the cryptoscene for good or stick to some decent altcoin (say, Litecoin) in case the events are going to play out that way I just wanna say: It might work - and next : think of Chekhov's gun! It will be used. |
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