it just some more FUD you are spreading like "the LN routing problem" bull made up shit stories. Just stop it if you don't know what you're talking about.
Not according to this post ( point #4) I asked why not since it seems to be the main savior for the capacity wars.
Answer - more needs to be done before LN is viable.
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When you fight the power for as long as he [we] has...Violence just sort of becomes who you are.  Another quote for the Blockstream mission statement. |
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The lawyers fees have eaten away a quarter of the funds already and they are stretching their investigation out forever. After the final lawyers fee has been paid there will probably only be enough left to buy a bag of jelly beans. What can you buy with the price of the one jelly bean each person will probably get back?
I sure hope that ain't the case. Is that documented somewhere? Surely there are some type of rules about how much ends up in admin pockets?  Now that deserves a whole box of donuts. |
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lol! now friedenbach threatens with a change of PoW.
seems like some part of core is really decisive about being left behind by the community.
It's like a fucking kindergarten. Although I am no Friedenbach fanboi, I think we agree on this:
I feel this meeting was antithetical to Bitcoin and no good outcomes were likely
Anyone who still labours under the misapprehension that the roundtable was a good thing for bitcoin needs to re-examine their understanding of Bitcoin, you see, in bitcoin we have only one real built in way to reach consensus, its PoW. apart from that we simply have no way of knowing what the community/economy/... wants. so basically you will always have to have meetups and there will always be somebody who wasnt there. we cant have an election like in other systems. and we cant have a survey that would lead to comprehensive results. we cant have one stake = one vote either. But its when that chance of PoW is denied that we start t get into problems. That is the true sedition within Bitcoin. It is supposed to be resistant to this, and if left to its own devices it will prove to be so (or not, in which case it will die). The denial of due process by organising closed door meetings, where only one side of the argument is presented ( with infantile Powerpoint presentations), is more harmful than any contentious fork. |
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lol! now friedenbach threatens with a change of PoW.
seems like some part of core is really decisive about being left behind by the community.
It's like a fucking kindergarten. Although I am no Friedenbach fanboi, I think we agree on this:
I feel this meeting was antithetical to Bitcoin and no good outcomes were likely
Anyone who still labours under the misapprehension that the roundtable was a good thing for bitcoin needs to re-examine their understanding of Bitcoin, |
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Always the same scheme. Pump it till 430-450 and sell... Why can´t they simply let it grow?
You need to take that up with Adam Back and Blockstream. If bitcoin wont grow, there is nothing left to do except profit from momentary pumps. If fools think "1MB4EVA!" and "BTC is cheap" then traders like me who know better* will make a killing.  * When the majority of Miners are taken in by slideshows about "how democracy is about wolves and lambz", then you gotta take money from them. |
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Bitcoin: distributed decentralized money secured by cowardly miners concentrated in China. There is no plan or code to switch security measures if they get compromised.
Awesome. This is where I keep my life savings. I'm a fucking genius.
ignored ... i don't know who has taken over the BJA account but it is clear now your aim is to FUD and stir shit at every turn, big-block war pumping, now something new to pump FUD ... you are an enemy of bitcoin.  |
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^So much evil in the heart of one man. How?  Fat people have enlarged hearts. Interesting. How do they have so much darkness in their souls tho? Well, the idea that the fat person is fat because he/she is a fat lazy bastard is foreign to the fat person. So to make sense of the fact that he/she is in fact fat he/she starts blaming the world. * I am not referring to the fat person as he/she of PC reasons. It's just very hard to tell sometimes. I find that too much jaegermeister further dulls my ability to make the distinction, often with hilarious results... |
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This hard-fork is expected to include features which are currently being discussed within technical communities, including an increase in the non-witness data to be around 2 MB, with the total size no more than 4 MB, and will only be adopted with broad support across the entire Bitcoin community.
SegWit is expected to be released in April 2016.
The code for the hard-fork will therefore be available by July 2016.
If there is strong community support, the hard-fork activation will likely happen around July 2017.
So if someone started a purely classic/xt pool and got more than 5% hashing power... Exactly. If someone ran a purely classic/xt pool and got more than 5% hashing power they should be able to single-handedly prevent any future hard fork of the currently existing bitcoin consensus protocol. Why do you think there has been no changes to TCP/IP in the last 20 years? Why do you think IPV6 still has less than 1% implementation? Changes to consensus protocol are not easy, nor should they be. Nah, Peter Todd has already thought of that. 0.12+ will probably start blacklisting any non-segwit nodes (initially for bootstrapping reasons, but no reason why it cant use it as a banning criteria). No, it doesn't matter what level of 'consensus' they have, as long as >51% mine on their fork, 95% of the non mining nodes can go to hell. |
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[...]
First rule of contentious hardfork? Make the fucker CONTENTIOUS!!! (then simply tell the retards that it's no longer contentious because it suits us) |
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And miss the pantomime of you convincing everyone that a 2Mb HF was OK all along? Nah. Cant wait for that circus. For now I will just go back to shorting this pump when I am ready. |
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Its bitcoin that is R3KT, you fucking imbécile. |
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Another kick in the balls - Once I get some more sleep, I'll write up a post explaining why I think our hard-fork recommendation is safe
So now to plan b: That hard fork that would kill bitcoin?, well... Its not dangerous at all really. 4 legs good, 2 legs better!!! |
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Nothing concrete, just another delay. And a delay was all blockstream wanted. "Bitcoin and its users can go fuck themselves" seems to be the only take away from this. But Blockstreams $76m is secure, so we can be thankful for that. |
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that's was just a troll bit to kick things off and get you guys riled up and shooting all over the place, hopefully hitting each other in the process.
I was being stooooopid again.
clarified. |
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You know how the big-block arguments are basically bogus? ... in the end they are appealing to cult of personality (Saint Gavin will save them), because their reasoning and logic is ultimately devoid of adequate substance to base technical decisions upon.
You talk some amount of shit. Argument is : Increase limit now, then release segwit and other solutions when they are ready. (if they ever get there) |
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That goon Corem's "Altcoin Manifesto" is exactly that- a stupid, petulant ragequit strategy that by any definition is doomed to fail. But, please, go ahead and try it. I'm sure you will enjoy your new "Honey Gerbil"......  |
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i think this is it!
>440 in a few hours!
I CAN FEEL IT!
 .. Reverse Indicator Warning  |
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Oh yeah, we still have that concentrated mining problem. Fuck.
I think this could just be a temporary problem depending on what happens with new hardware like bitfuy's mining lightbulbs, the 21inc machines ... I guess when every screw-in light bulb in US is replaced with Bitfury's "Remember to NOT shut off your lights" bulbs... Yeah, mining lightbulbs are a colossally stupid idea, but Bitfury makes really efficient chips and it's their mines outside the U.S. AND China that could make Bitcoin truly censorship resistant. But if electricity costs are lower in China, wouldn't it make sense to mine with more efficient chips there? Do we all have to sit in the dark then? |
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Epic copy-pasta! A Call for Consensus
James Hilliard
Pool/Farm Admin
BitmainWarranty
Poolboy more like. FFS. Hey, that name looks familiar. Nice of them to include such a srs businessman, and near the top too. Such timing on the Sybil attack topic! /PseudoNode:0.11.2/ is here.  One of the first ones... gone now, was more interesting than the rest...  https://archive.is/JEav8One and the same. A complete fraud. |
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