Actually, Bitcoin's essential danger is the public authority so this can be the explanation Blockchain control through the bigger part has been known for quite a while, Initially comes to whether all the administrations inside the world would have the option to partake to actualize such thing. In the event that we take a see where Mining in bigger part and the use of Bitcoin is more similar to Ukraine, Venezuela, Encourage the Bitcoin yet too inadequate to even think about squaring addresses of accomplices.
Quite simple: 'Be stable, dont be (move to) evil' - give ppl things they can use in masses: electronic cash (low fees) was exactly the idea Bitcoin solves
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⚠️ Warning don't be fooled BTC is Not BSV - BSV is BitCoin ⚠️ Devs Do you want to fulfil your potential? Exercise your talents? Make your plans come true?
In three letters: #BSV
https://bitcoinsv.io/devtools/
The future already belongs to you but with Bitcoinˢᵛ Yeas - free lunch Elon could go an sue sellers - sold wrong Bitcoin ? Days of fights in courts coming Regulation even more only protocols with no governance needed might survive here - like TCP, http, smtp ... at scale
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Amen, brother. We have a true believer. Can I hear another? Might be standing up in a courtroom soon Happy New Successful Year 21 !
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Warum sollte ich? Die Reise geht doch erst los. Recht hast du. Da ich aktuell leider nicht viel Zeit zur Verfügung habe, ansonsten hätte ich eine aussagefähige Analyse gepostet und das Bruttoinlandsprodukt anhand der aktuellen wirtschaftlichen Leistung gespiegelt, ein Benchmark vorhandener Mining Hashrates und einer zukünftigen Wahrscheinlichkeit einer Steigerung der Difficulty hochgerechnet ggfs. hinterfragt und das Whitpaper von BTC zum 10x durchgelesen, ... aber meine grafischen Fähigkeiten können das ebenso gut ausdrücken. See there and smile Jo, das Thema der Arbeit ist Kursverlauf
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The powers are only with miners, who decide on what is the longer chain, they WRITE it
any other 'node' just is a read-only listener - can say 'oh - my verify failed' and just gets out of sync (they can be only a follower and sign with a 'like' - or get off, that much powers...)
Miners get incentive, they look for good node and data transfer - first prio: with other miners, if not - earn less
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seems to be nice store of value...
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Bigger miners are just ... big and therefore need to follow any regulation to lower ANY risks
Just think from their side, running business, need banks and electricity and ppl and ....
There are only 3-4 miners that big - just enough to decide on what's needed
No regulation can force a miner to control what other miners do. You are saying that a supposed regulation, which doesn't exist, that would force miners to orphan blocks which contain transactions not mined by them. You are basically saying that a regulation would force miners to make a 51% attack on the network, which they can't do because they do not have the hash power. Based on that supposed regulation which doesn't exist, a mining centralization of 4 miners which also doesn't exist, you are saying that bitcoin is not censorship resistant... You two are just spreading misinformation, or talking about things you don't fully understand. Even if the majority of the 4 biggest mining pools decided to blacklist an address they would need to have 51% of hashpower (but they wouldn't, because small miners would move their hashrate to another pool). 2 other big pools could mine 2 subsequent blocks with that "blacklisted" addresses transaction. Then the 4 mining pools would be 2 blocks behind, in the shortest chain. They would have to outpace the longest chain, creating a parallel blockchain, competing with the rest of the network. This would literally be an attempt to do a 51% attack, but miners would be slowing move their hashpower to the longest chain, as they wouldn't like to lose money in the shortest chain... That odds of that to happen are very low. Basically for nothing, as no regulation could do anything against those miners as they didn't mine the block containing the blacklisted address. (also, that regulation doesn't even exist) We've seen US + EU + ... have been able to shut down global online gaming around 2005 -> why there is a poker client in original Satoshi code .... same for Liberty Reserve little after same as ... lot's of other things also Bitcoin related We just haven't see it yet, this year getting interesting tho (and why ETH wants PoS now ...)
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More fun: I expect any other read / 'relay' node (not mining / writing granted) will slow down miners ...
That's the problem with all those raspberry pi nodes. They don't affect the network in any way, besides making it just slower. Blockchains in general should not be designed to run on a desktop pc and certainly not on a raspberry pi. Full nodes (mining) should only run by people or companies who can afford the big infrastructure. Doesn't matter if mining pool or mining facility. That's why the 1MB block size limit of BTC is the worst thing you can do. 1MB blocks just that some people can run them on their small device and think their now a "rebel" or something similar. I don't want small nodes who only damage the network. I want big miner who mine terabyte blocks. Economics solves that - over time Bitcoin has very nice game theo setup - I m not the big master in such and was told it's not a Nash Equi, rather some leader / big miner driven - with only local equilibriums (like thermo dynamics at lower / finite scale)
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Wer Anfang 2018 gekauft hat musste immerhin bis Ende 2020 warten um ohne Verlust zu verkaufen. Das kann natürlich jederzeit wieder passieren.
Jo - schwindelfrei sollte man sein auf dieser Höhe - auch die Vola ist nich von Pappe
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By opening this thread why this error shows up!!!!
** Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Check their trust page to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution. **
hu sure there is bold proof ? (otherwhise some agenda?) This is about original bitcoin - and how it works if it is closest to what Satoshi delivered - locked down, but refactored to scale and use as electronic cash DYOR
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Bitcoin does not correlate with any other thing
BTC only with (troll) number go up
Bitcoin is created for : electronic cash + neat new system that solves micro pay - globally, such that no one cares about the little 'funds' sent, rather the tasks done along
BTC is now locked up, useless ... oh - not (yet) for ponzl-trolll-shilll
Don't invest into things that must be shilled to da moon / in't only speculation
Make use of protocols, that's sustainable
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You can't send bitcoins to anywhere if your addresses is blacklisted and will never get confirmed.
I decided to dig into this subject a little more. I looked into an Antonopoulos video exactly about this subject hereBegins at 34minutes. He explains that to consistently block transaction from an address there should have been a group of miners with 51% hash power. Those miners would need to refuse to add transactions from those addresses AND to orphan blocks that include transactions from that addresses. This would be litteraly a 51% attack, coordinate globally. So, practically impossible. To summary: so a miner can refuse to include a transaction, but all miners will eventually process a transaction as a whole because of the competition that exists in the system. You have to stop all of them (miners) in order to have meaningful censorship emerge in bitcoin I think you should watch it. Bigger miners are just ... big and therefore need to follow any regulation to lower ANY risks Just think from their side, running business, need banks and electricity and ppl and .... There are only 3-4 miners that big - just enough to decide on what's needed
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I'm glad to know that Craig Wright is fighting to get back what's his, look how beneficial this is as it brings the trolls heads out of their asses a little more often #crigissatoshi and sa pisses you off deeply 🤣
Entire industry should be able to find out what Bitcoin really is. There is a definition and a compliant implementation - keepin out all the changers
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Since miners are the only nodes who can 'earn' the powerful write access to build on top of the existing longest block-chain database and that is in a very hot competition with other miners to earn real physical money (pay bills in real world) - yes, there is a natural limit for such nodes as everywhere and models like pareto distribution fits to that quite ok Also they need to have selective / low latency connections to other miners to push their new blocks in case of any success / new block - so either push out own new block that others confirm it by mining on top (only than you final own it) or get (bad) info quickly that update happend >> start mining new! The dynamics of that very interesing process should be modelled in some PhD works for stochastic processes in open dissipative dynamic systems having strict natural / consensus border conditions - sounds great fun More fun: I expect any other read / 'relay' node (not mining / writing granted) will slow down miners ...
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Der von dir angedachte Coin hat immerhin im Gegenatz zum Bitcoin die Möglichkeit realwirtschaftlich genutzt zu werden(was er auch wird).
Viele Use Cases, die Ethereum bietet, kann man auch mit dem Bitcoin-Protokoll durchführen. Tokens (auch non-fungible), Optionen, DEX ... Nur braucht man oft Zusatzprotokolle und Extraclients wie Omni, da der Core-Client diese Funktionen nicht out of the box unterstützt. Aber sie nutzen unter der Haube auch nur reines Bitcoin Script. Um den Umgang mit Smart Contracts unter Bitcoin zu vereinfachen wird ja z.B. an Simplicity gearbeitet. Mit Omnibolt gibt es jedenfalls auch (experimentell) Tokens mit Lightning-Unterstützung. Also wer ist hier das Yahoo? Ich warte immer noch auf einen wirklich überzeugenden Einsatz der turingmächtigen ETH-Skriptsprache. Was z.B. unter dem Schlagwort DeFi "verkauft" wird ist größtenteils enttäuschend. Kurs fellt zwar wieder etwas, aber auf sehr hohem Niveau (die 38,7 K waren wohl etwas zu schnell erreicht worden, 36-37 ist aber auch vollkommen OK ... ) Viele ? -- Alle! Und sogar noch mehr, da dies sogar skaliert. man braucht nur das Original - auf Datacenters, wie Satoshi es sagte
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It's crazy but what is he doing with all these patents?
Simply.... They are building tomorrow's world now all based on Bitcoin - scaled - industrial - compliant
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