- Non-segwit transactions require 51% of the hashpower and a private key to steal. Segwit transactions just require 51% of the hashpower.
Just the first line in your post sold it for me. What in the actual fuck. Hmm. Where have I heard that before? jbearer hour?>_> stap flooding da chat! :-D haha Seems to have started a storm, a lot happening, such an awakening Give me enough money and I have no care for your bitcoin blockchain
I will own all the nodes
"Referencing Rothschild on the banking system and government"
You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack. Whats to attack I have just turned the blockchain into a central bank, all transactions run through my nodes cheap or expensive Rofl what no. Havn't you been paying attention? It's a permissionless system. If you make it expensive people will use someone elses node. You understand that there isn't some limited number of slots to fill up where you get life time ownership of that slot right? You don't seem like you understand at all how the technology works. You remind me of a commenter from zerohedge not bitcointalk. I like how your responses are exactly like mainstream media and omit certain truths I like how your response sounds like it could have been written by a computer algorithm. thanks for the compliment satoshi would be proud and yes i am a russian bot  You don't seem like you understand at all how the technology works your response sounds like it could have been written by a computer algorithm  |
|
|
|
Give me enough money and I have no care for your bitcoin blockchain
I will own all the nodes
"Referencing Rothschild on the banking system and government"
You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack. Whats to attack I have just turned the blockchain into a central bank, all transactions run through my nodes cheap or expensive Rofl what no. Havn't you been paying attention? It's a permissionless system. If you make it expensive people will use someone elses node. You understand that there isn't some limited number of slots to fill up where you get life time ownership of that slot right? You don't seem like you understand at all how the technology works. You remind me of a commenter from zerohedge not bitcointalk. I like how your responses are exactly like mainstream media and omit certain truths I like how your response sounds like it could have been written by a computer algorithm. thanks for the compliment satoshi would be proud and yes i am a russian bot |
|
|
|
Give me enough money and I have no care for your bitcoin blockchain
I will own all the nodes
"Referencing Rothschild on the banking system and government"
You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack. Whats to attack I have just turned the blockchain into a central bank, all transactions run through my nodes cheap or expensive Rofl what no. Havn't you been paying attention? It's a permissionless system. If you make it expensive people will use someone elses node. You understand that there isn't some limited number of slots to fill up where you get life time ownership of that slot right? You don't seem like you understand at all how the technology works. You remind me of a commenter from zerohedge not bitcointalk. I like how your responses are exactly like mainstream media and omit certain truths |
|
|
|
I've been reading anonymint's writings for the past week or so, which also prompted me to dive into some other rabbit holes.
I'm more convinced now of the dangers of segwit. Don't mistake that for being a promotion of bcash.
Could you provide me with a link where I can read about that? I remember anonymint's post, but I did not pay enough attention and now I can not find it. Geeze, guys. We've been discussing these very same aspects of segwit since years. Have you had your fingers in your ears and blinders on up 'til now? No the other side was just shouted down and accused of all types of things as well as name calling until now they can fight back |
|
|
|
Words have meanings. I am not renumerated by others for my BCH advocacy. Accordingly, I am not a shill.
Language changes news at eleven. Have you not noticed, you silly old fossil? Lotsa the young now use 'shill' to mean 'advocate' or 'adherent' and they use 'paid shill' to mean that insult that scares you so, the older-fashioned 'shill'. I am a bitcoin shill. You are a shitcoin shill. Deal with it lol. He is, however, profiting from doing so, which is an indirect form of shilling. That's not the problem. The problem is that a lot of you use it simply as a catch-all to shut people up. Again no. It is your problem not 'the' problem. You don't like it, fine, good, but own it, say 'my problem'. I don't happen to agree, as I reckon we would all be better off if the language police could fuck off and leave us to shutting a lot more people the fuck up by whatever means necessary. Hahahahaha... yeah... you go V8!!!! We shut them up with good ole fashion logic and facts, and since they are nutjob and disingenuous trolls (redundant I know), that is NOT likely to work, therefore we do NOT disarm ourselves.. and resort to by hook or by crook. Exactamente. Civility would just end up disarming anyone dealing with peeps (bcashers, BIG blocker nutjobs, and bitcoin bashers) who fail and refuse to recognize facts and logic.
Words have meanings. I am not renumerated by others for my BCH advocacy. Accordingly, I am not a shill.
Language changes news at eleven. Have you not noticed, you silly old fossil? Lotsa the young now use 'shill' to mean 'advocate' or 'adherent' and they use 'paid shill' to mean that insult that scares you so, the older-fashioned 'shill'. I am a bitcoin shill. You are a shitcoin shill. Deal with it lol. He is, however, profiting from doing so, which is an indirect form of shilling. That's not the problem. The problem is that a lot of you use it simply as a catch-all to shut people up. You are coming off as delusional Ibian. I have no problem if folks are presenting contrary facts, but if they are paid shills and trolls they tend to act disingenuously and knowingly present false information and distorted logic. Thus, they deserve to be shut down, when they are NOT even trying to contribute to discussion, even if they are providing negative information (assuming that were presenting negative information without attempting to mislead and deceive). Interesting collection of members |
|
|
|
Give me enough money and I have no care for your bitcoin blockchain
I will own all the nodes
"Referencing Rothschild on the banking system and government"
You can own all of the nodes if you want but that wont help you to attack the network. The moment you begin doing nefarious things users will open channels with someone who is not doing nefarious things and the network will very quickly self heal from your attack. Whats to attack I have just turned the blockchain into a central bank, all transactions run through my nodes cheap or expensive Need to make sure I can then eliminate the competition and bully (fake attack on media companies and news) others to support my cause 1) put in my own politicians 2) buy the media 3) support tax and inflation to pay for my wars 4) change laws to get rid of the little guys 5) corrupt the public to fight against themselves with Racism, Sexism and any ism you like etc etc etc hey come along, wanna build a new world order |
|
|
|
Even if so: LN is by design centralized.
This is the big fallacy. Bro, Lightning Network does't make bBitcoin centralized because Lightning Network ISN'T BITCOIN. So it's not bitcoin being moved around? Sorry you are right. FTFY Is that a yes or no? Well it's a yes to my original statement but once I revised my statement it became a question that doesn't apply to what I'm saying. Lightning network (like a credit card system) is the idea of large nodes inclusive of fees and mining working the chain and little nodes assisting in confirming it all (akin to satoshi's idea) Analogy - Credit cards/paypal/etc on top of banking chain The problem with lightning is who has the big nodes decentralization is the key (the nodes or replace with sidechains instead) whilst distributed lightning network is designed to centralize and control It's a permissionless system. The nodes are anyone who wants to be a node. You can be a node if you want. How big those nodes need to be depends on how low of a fee users want. Individuals will have to make that choice. It will be a trade off. Do they want a smaller fee and a bigger node or a bigger fee and a smaller node or a few smaller nodes. That trade off will be a function of the demand for transactions and the progression of technology (assuming the bitcoin community is willing to increase the block size as technology improves, I for one support this). Give me enough money and I have no care for your bitcoin blockchain I will own all the nodes "Referencing Rothschild on the banking system and government" |
|
|
|
Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.
There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.
Get the fuck out of here with that "nice" talk.  *cough* fag *cough* Bitcoin headed to $1000, tons of altcoins are going to disappear up their own ass and the next set of altcoins (bitcoin included) will depend on what exchange emerge strong. Since really every person was talking about Bitcoin during the last Bullrun, I think there is too much weight on it in order to have the crazy and relentless growth we saw the last time. My guess: And established modern Altcoin could overtake Bitcoin easily with the next crypto bull run. You must be like the thousandth person to say that something original could be better Wasn't this the same point about the last run too? We had the flippening, the cashening, the rippling, the dashening.. and perhaps some other pump and dump lame shitcoin bitcoin is dead prognostications. They are actually (whatever you want to call them) deep state funded central banker intelligence backed cia attacks Started back with the very first ddos attack on this forum Then the hacks The altcoin war Big block debate Forked coins bcash and Gavin Andreesssseeenn and his cronies on here behind it all only a few bad actors etc etc etc The question will always remain and very important in any argument Why is bitcoin being attacked? |
|
|
|
Even if so: LN is by design centralized.
This is the big fallacy. Bro, Lightning Network does't make bBitcoin centralized because Lightning Network ISN'T BITCOIN. So it's not bitcoin being moved around? Sorry you are right. FTFY Is that a yes or no? Well it's a yes to my original statement but once I revised my statement it became a question that doesn't apply to what I'm saying. Lightning network (like a credit card system) is the idea of large nodes inclusive of fees and mining working the chain and little nodes assisting in confirming it all (akin to satoshi's idea) Analogy - Credit cards/paypal/etc on top of banking chain The problem with lightning is who has the big nodes decentralization is the key (the nodes or replace with sidechains instead) whilst distributed lightning network is designed to centralize and control |
|
|
|
Sidechains in theory are great, but there is an unsolved problem of getting value out of them and back into BTC.
So at the moment they are almost useless.
Utterly preposterous. I can't even begin to rationalize that train of thought. You get your value out of it by opening / closing channels, acquiring something you desire via micropayment, or becoming an efficient router. I mean, am I surrounded by fucking BCash morons today ? Lol, I'm a Lightning fan.... I'm talking about SIDECHAINS you fucking moron  "unsolved problem of getting value out of them and back into BTC" this is only a problem for greedy monsters who need to traffic humans around the world so this "money" is the unsolved problem Always you central thinkers with your money sidechains will always be the solution, the developer himself saw it |
|
|
|
I've been reading anonymint's writings for the past week or so, which also prompted me to dive into some other rabbit holes.
I'm more convinced now of the dangers of segwit. Don't mistake that for being a promotion of bcash.
Could you be more verbose about that? What are those dangers? P.S.: But not as much verbose as a thousands words dissertation. Just a simple explanation of your own thinking about the subject. it goes against the very idea, that is all https://bitcointalk.org/index.php?topic=423.msg3819#msg3819I believe it'll be possible for a payment processing company to provide as a service the rapid distribution of transactions with good-enough checking in something like 10 seconds or less.
The network nodes only accept the first version of a transaction they receive to incorporate into the block they're trying to generate. When you broadcast a transaction, if someone else broadcasts a double-spend at the same time, it's a race to propagate to the most nodes first. If one has a slight head start, it'll geometrically spread through the network faster and get most of the nodes.
A rough back-of-the-envelope example:
1 0
4 1
16 4
64 16
80% 20%
So if a double-spend has to wait even a second, it has a huge disadvantage.
The payment processor has connections with many nodes. When it gets a transaction, it blasts it out, and at the same time monitors the network for double-spends. If it receives a double-spend on any of its many listening nodes, then it alerts that the transaction is bad. A double-spent transaction wouldn't get very far without one of the listeners hearing it. The double-spender would have to wait until the listening phase is over, but by then, the payment processor's broadcast has reached most nodes, or is so far ahead in propagating that the double-spender has no hope of grabbing a significant percentage of the remaining nodes.
I don't follow you.... How do Segwit impairs detecting/blocking double spendings? allow double spending The idea was to implement a double spend that would have no way of reaching its intended target A self imploding virus |
|
|
|
I've been reading anonymint's writings for the past week or so, which also prompted me to dive into some other rabbit holes.
I'm more convinced now of the dangers of segwit. Don't mistake that for being a promotion of bcash.
Could you be more verbose about that? What are those dangers? P.S.: But not as much verbose as a thousands words dissertation. Just a simple explanation of your own thinking about the subject. it goes against the very idea, that is all https://bitcointalk.org/index.php?topic=423.msg3819#msg3819I believe it'll be possible for a payment processing company to provide as a service the rapid distribution of transactions with good-enough checking in something like 10 seconds or less.
The network nodes only accept the first version of a transaction they receive to incorporate into the block they're trying to generate. When you broadcast a transaction, if someone else broadcasts a double-spend at the same time, it's a race to propagate to the most nodes first. If one has a slight head start, it'll geometrically spread through the network faster and get most of the nodes.
A rough back-of-the-envelope example:
1 0
4 1
16 4
64 16
80% 20%
So if a double-spend has to wait even a second, it has a huge disadvantage.
The payment processor has connections with many nodes. When it gets a transaction, it blasts it out, and at the same time monitors the network for double-spends. If it receives a double-spend on any of its many listening nodes, then it alerts that the transaction is bad. A double-spent transaction wouldn't get very far without one of the listeners hearing it. The double-spender would have to wait until the listening phase is over, but by then, the payment processor's broadcast has reached most nodes, or is so far ahead in propagating that the double-spender has no hope of grabbing a significant percentage of the remaining nodes.
|
|
|
|
I've been reading anonymint's writings for the past week or so, which also prompted me to dive into some other rabbit holes.
I'm more convinced now of the dangers of segwit. Don't mistake that for being a promotion of bcash.
Give us thickos some bullet points then. I think it would be possible for BitDNS to be a completely separate network and separate block chain, yet share CPU power with Bitcoin. The only overlap is to make it so miners can search for proof-of-work for both networks simultaneously.
The networks wouldn't need any coordination. Miners would subscribe to both networks in parallel. They would scan SHA such that if they get a hit, they potentially solve both at once. A solution may be for just one of the networks if one network has a lower difficulty.
I think an external miner could call getwork on both programs and combine the work. Maybe call Bitcoin, get work from it, hand it to BitDNS getwork to combine into a combined work.
Instead of fragmentation, networks share and augment each other's total CPU power. This would solve the problem that if there are multiple networks, they are a danger to each other if the available CPU power gangs up on one. Instead, all networks in the world would share combined CPU power, increasing the total strength. It would make it easier for small networks to get started by tapping into a ready base of miners.
This is satoshis "Last Vision"He worked really hard on this before fleeing sidechain sidechain sidechain |
|
|
|
Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.
There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.
Get the fuck out of here with that "nice" talk. *cough* fag *cough* Bitcoin headed to $1000, tons of altcoins are going to disappear up their own ass and the next set of altcoins (bitcoin included) will depend on what exchange emerge strong. Since really every person was talking about Bitcoin during the last Bullrun, I think there is too much weight on it in order to have the crazy and relentless growth we saw the last time. My guess: And established modern Altcoin could overtake Bitcoin easily with the next crypto bull run. You must be like the thousandth person to say that something original could be better |
|
|
|
Ethereum is my favorite coin.my 70% money invest in Eth. with Altcoin currently continuing to have an ever-increasing development will be great with having a pretty good Altcoin by making Altcoin the preferred favorite coin to make a much bigger and more profitable profit for the future. as Ripple continues to grow in the future. My favorite Litecoin Ethereum is centralized and is subject to the whims of the developers Ripple is a money transfer system and again centralized built for the banks, supported by the banks and will be used by the banks (probably best bet for investment) |
|
|
|
Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.
There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.
So you're saying saying it's a 'Don't speak ill of the dead. It's unseemly.' kinda of a deal? No, I'm saying that collectivist thinking kills institutions. The more we have kneejerk tribalistic reactions, the worse decisions we will make in the future, the bigger risk that this grand experiment fails. We have to think critically. No. Stop trying to control people. Stop trying to impose your half-baked self-contradictory philosophies onto others. You seem to think you are clever and you matter because you are here, but nobody who has an ounce of sense or in any way matters is anywhere near. (yes yes tiny moi not least) I am proud to be an ideologue, particularly on the matter of the bcash scam and all the little fuckers who shill for it. You have to think critically. Why would anyone support a CIA infested code and community shticoin Oh and yes they are Nazi's |
|
|
|
All the major corps have huge tax avoidance schemes, most of their profits are in tax havens while they destroy ordinary people's jobs and force them into welfsre while the people in the middle have to pay for. It doesn't sit well with me, that's all. I don't want to pay more taxes, but the tax take is so reduced because the large corps and rich do not pay theirs - that I have to.
If there are places with lower taxes for these corporations to flow to...why is doesn't the US just compete and provide the same low taxes for everyone to flow to? Whenever I say we should end taxes all I hear is "what about the roads!?!". Then I hear, "corporations are being big meanies by moving to places with no taxes". To which I say...we should end taxes. The love of government roads (aka the very thing that causes millions of deaths each year) runs deep. Remove personal income tax That is all |
|
|
|
I guess you can buy decentralized water now  Glucose free Vegan safe Low in sugar |
|
|
|
it's official  Humans are unfair creatures. He has literally made peace between the koreas by threatening with nuclear war over twitter, and people still shit on him :/ I think in the next month or two the whole world are going to see him as someone who saved the world some will not see it, but just a fact |
|
|
|
Zugdanoff: they panic sold, reverse the Facebook ad ban.  CIA Ashkenazi stooge NO 1 |
|
|
|
|
Show Posts
