Everyone just about now knows about Bitcoin and you will soon be holding your breath waiting for the lightning network to
turn things around but it won't now that it has been exposed as being nothing more than a off-block system of banking hubs.

You have a better chance of selling paper gold certificates to me than BTC and that's no chance and yes I am stacking, you don't
hold it, you don't own it is my motto.

Come on mate Joe Public was just about ready to take the plunge and the miners got greedy too soon instead of reeling them in
and taking Bitcoin to $50,000

The opportunity was lost and I don't think them days are ever coming back, trust has been lost and that's that.

Yes i am sure that bitcoin will make it to the TV screens but it will be on
crime watch or something like that.

Where has the "We hate bankers" brigade gone now that the cat is out the bag about
lightning being little more than a system of small banker hubs.

The inside jobs are happening too often and a few days ago a miner was robed of 600 machines
and they are now trying to rent out mining rigs so you know they are not minting it in but after
getting greedy and bumping fees up to $55 per transaction they won't be getting any tears from me.

Fake-book banned spamming I thinks and twatter is full of robots, I know because I wrote one so
all that's left is page impression from the footer we get here.

Sad thing is that miners could be making a honest living instead of playing game to see who can count
the number of dots in 1,000 jpg's the fastest and feeding money to chip manufactures and all this spamming
is like beating a dead horse.

Maybe Spammers incorporation should have this conversation in your own sub-forum because it's a little too public
here but I would still love to know how many of you are miners because the though of them bottom feeding kind of
warms my heart.

I am only here because the moderator in the development forum is deleting all my posts so I am a refugee really  

I addressed this point but apparently it was deemed off topic and got deleted

Ethereum is outdated and really this "Proof of something" is about establishing trust or cooperation between nodes
which is OK so long as it does not involve wasting time and gobbling up the network because that's never going to
scale.

The code I am working on sends a request to servers for node discovery and gets a hash and count for nodes
broken down by 4 digits of the public keys and then picks one at random and asks for the row data making up
the hash so that the node can see if the other one is being honest but this data is needed anyway since it is
replicate between a sub-section of nodes.

if that proof of labour because I cannot follow the link, google is all but blocked by me this end.

Lets see if there is any merits to his thinking given that Bitcoin needs fixing instead of being always on the attack.

I like his way of thinking and when shop lifters get away with steeling then the cost gets past on to me and you
anyway and two months ago Bob dare not send Alice a penny due to the $55 transaction fee but I bet you
have forgotten about that one now.

Good point and this is absolute key but client side (the wallet) is a ledger but server side it maps to specks of data
all over the place.

Make block-ledgers signable by the private key to the wallet and then replicate the ledger 100 times on the network
and you have a system that scales and keeps the user in control plus inputs reference spends and would show up
during audits even if the 100 nodes conspired to steel my money

Nice to see you are thinking out loud !


These accounts are ledgers and you can hash each record to turn them into block-ledgers and hold the
ledger ID in a block-chain and then place the actual ledgers on separate replicated nodes and address them 
to find them in a similar fashion to how Bit-Torrent works with it's hash codes.

Transactions in these ledgers can reference the inputs by pointing back to the hash-ledger where the spend came from
by including the row-id or the hash of the row if you follow my line of thinking so that should stop money being printed for nothing
which becomes a danger in the lightning network and the balances are allowed to become inflated.

Yes network chatter becomes a killer when you scale upwards and you need to have order which DAG addresses using
direction (Not that I fully understand DAG) and I have used sub-domains based on the public keys but in the end you have
to accept that you need something resembling a data center or the chatter and delays becomes unacceptable.

Block-Chain with most of its code being concerned with mining is not the answer and just works left to right (2D)
and it needs to work downwards too (3D) with what I call block-ledgers at the very least to record the transactions
but maybe one of the other alt-coins has a better solution but some of them are very difficult to understand.

 

All very fine but it won't scale as implemented by Bitcoin and hashing of hashes, well the credit has to go back to Bit-Torrent
for that one and I am yet to see anyone using a block-ledger (My invention) but i am sure someone will cotton on or were using
it long before I thought it up.

The solution to making the block-chain scale has been going off-block and we certainly have "supernodes" on that
as can be seen here https://lnmainnet.gaben.win/

How about you heading over to Zero Hedge without mummy where we can see who's after pocket money instead
and since your talking about trusted servers, single point of failure instead of server clusters like you keep ignoring
then be ready to defend your dear lightning network won't you. 

oh the merit system is broken here, trust no one because I only run a second account when I am banned but others are
running duel accounts and then sending themselves merits but us none believers don't get that option and this is why the views
here between new accounts and old account are radical different so dead right, lets have a level playing field.   

Agree and in my case the risk is not from hackers but the windows OS itself that has evolved into an animal that if it can steel, encrypt and upload anything it does
and we programmers are no longer in control of our own PC's

I packet sniff, watch router logs and run a file watch on root and by the time you have locked things down so much as to stop windows calling home
you may as well throw your machine in the dust bin because because nothing is left working so if I held more than just dust these days my advise would be
to run Linux Mint from a pen-stick for windows users.

Bug number 279,880

Audit your windows SSL certificate store and notice DoE certificates arriving in the middle of the night but I am sure
Microsoft will fix it soon and no I am not joking here.

The block-chain concept is brilliant but really it was just an extension in a way of what Bit-Torrent had already achieved
and I don't need to feel defensive when I say that it was never implemented by Bitcoin developers in a way that would scale because
facts and history are on my side.

Basically they can play around with block size, timing and compression and keep bringing out as many updates as
Microsoft for it's windows but on-block will never scale as implemented by Bitcoin which they knew all along anyway
and have had eight years now to fix it.

Here I am afraid the OP is only likely to hear the one sided views of the party faithful who are only concerned in trying to protect the
share price of the coin and in many cases they are not even developers so trying to talk them about double linked lists or pointers
leads to frustration for them and they just repeat the party line.

First the Bitcoin code is primitive and you can still have fields within the ledger that need not be part of the SHA-HASH and you can have
pointers from a slim distributed block-chain that point to network resources that hold the blocks of data but really the structure of the
chain needs a rewrite so it's never going to happen, other systems will scale and we are stuck with 20,000 nodes that between them
all can only process seven transactions per second.

The internet would not work without sub-domains, IP ranges but that all got thrown out with the washing when they invented Bitcoin
and academia was allowed to run wild and if you mention that digits 3-6 of a Bitcoin address can be used to sub-divide transactions then
here I find that abuse soon heads your way instead of any real debate so none believers soon get pushed out.

My advise is to learn a bit about IOTA, Ripple, NEO, DAG, Hashgraph , Rails and about DNA and then decide the merits of each one and yes we have
lots of experts cutting code and most of them are not working on Bitcoin or the fly by night clones and they are making headway and that's
without getting into the Lightning Network debate.


    

Are we back to the paid motor gobs being send in again and when I give back as good as I take then I get a ban ?

I have no time for your waffle since you cannot act like an adult so keep on preaching to the converted and think of me smiling
my socks off each time when I see you having to resort to childish name calling 

NICE FOOTER ADVERTS, HOW MUCH THEY PAYING YOU ?

Entity sounds like singular, corporate control and all that but we do have middle ground here by using clusters of
coordinators, say 250 dedicated servers that are not allowed access to change data by the design of the system.

Forget about the 51% fog that gets thrown up because I am sure that I can take down nodes in the Lightning Network
if we are looking for perfection and lets say all these 250 servers have to deposit $1000 as a form of PoS in a side chain
much like one of the ledgers used in lightning but it's public and has redundancy built in.

No trust taken to the extreme is not working and miners get to vote but users don't unless they jump ship. 

 

This might work for buying new cars or trading coins but who's going to use it for something worth less than $100 due to the fees
and this is made worse if you don't buffer up the outbound payments because profit could be consumed by mining fees.

Tips or $0.10 to download a .pdf manual and items under $10 must be half the market on the internet and we have not moved quite
just yet into Pay-as-you-go IPTV but this is where I think we are heading and you could use the ShapeShift REST API's to convert the
coins without getting too complicated and having to then argue about conversion rates by using a 3rd party.

Try looking at the router that is connected to the ISP because on DaryTek routers you can plug some 4G LTE sticks in
using USB2/3 and then set the router up to switch WAN based on the IP and maybe also the service (Port really, cannot remember if this is an option)

See Vigor 2925 and you can even set the quality of service (QoS) on the LAN to limit who's hogging the bandwidth plus they come
with a real firewall that can block outbound traffic and not just inbound.

Cost about $200 plus the correct LTE stick and I can do the config file for the router for you but you will have to post me the LTE
but I don't need the SIM