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6101  Other / Beginners & Help / Re: Newb to mining, setting up a small miner on: June 07, 2018, 04:08:56 AM
<...>

I see your MB has 6 slots PCI-E, but only powered by 750W PSU
With RX 580 8GB to mine (assumed) Ethash, you will draw 135W. Therefore, you can only use 4 cards (135W * 4 = 540W)
Go here to roughly measure wattage and profitability https://whattomine.com/

For cards, most of the time go for the cheaper one and look for Samsung memory.

You should post in: https://bitcointalk.org/index.php?board=160.0
6102  Other / Serious discussion / Re: No Practical Education given in schools these days. on: June 05, 2018, 02:00:45 PM
<...>

+1 for this comment
I have degrees and I can assure OP that learning is indeed very important. The problem is, in college, students often not explore their talents outside the class (system). They think simply have good grades are enough to get a good living. Guess what, it's not enough!

While education is a basis for a good way of think (i.e. logical, analytical, etc.), you should expand your presence. Join various clubs will open your mind, good for networking, and broaden your perspective.

Of course, you can learn anywhere, not only in college. This is why -in my opinion- many people become successful even they dropped out of college. But most of the time, they will learn in a hard way. And people like Steve Jobs, Kiyosaki, Bill Gates, etc., are just insignificant in the term of statistics. Maybe one in a thousand.

If you don't wanna be a pedicab driver, an McD's employee, or a janitor, you better go to school, young man!
6103  Bitcoin / Development & Technical Discussion / Re: Why do some people believe that only the nodes miners run matter? on: June 05, 2018, 07:34:02 AM
There's more to it than this but the basic reason people want to run their own node is trust. Your own node can validate all transactions. If you rely on other peoples nodes then you are putting trust in them to validate transactions on your behalf.

<...>
If there were no non-mining nodes at all, miners would have total control of the Blockchain. They can essentially work together and change the protocol rules of Bitcoin and its not what we want.

<...>
1. Know which one is longest chain, it's really useful when chain-split occurred unintentionally. The example is Bitcoin-qt upgrade 0.8 in 2013.
2. Detect invalid transaction in block, since you can't detect it only from block header which SPV uses.
3. Know that other nodes/miners change their Bitcoin protocol intentionally.

<...>
The supporters of big blocks believe that there is no danger in relegating all mining and consensus power to specialized hardware manufacturers like Bitmain. The reason they cite is that miners have incentive to keep the structure intact and to not attack the chain. They assume that the miners or miner community have no reason to attack the chain completely neglecting the possibility of takeover and disruption by authoritarian governments or other political upheavals.
<...>

<...>
Being forced to connect "directly to a trusted mining full node" is exactly where Bitcoin would become permissioned. You now have a single node that you put your trust into and if they deny your transaction your shit out of luck.
Going through "a maze of 'non-mining full nodes'" that you don't need to trust is the only way to make sure your transaction actually gets propagated across the network and thus relayed to all -- or at least most -- miners. Not just that the ones that you "trust".
I also don't see how having the sender connect directly to mining nodes would make accepting 0-conf transactions safer for the recipient, as even within a network of mining nodes only, the recipient has no guarantee that all miners have received the same transaction. Worse, still, the recipient's "trusted mining node" may not even be aware of an ongoing double spend attack.
The question of node updates aside, the drama of recent times was more a question of politics and self-governance, rather than technology.

<...>
Full validating nodes also assure censorship resistance and can give checks and balances to miners' nodes.
<...>
That is the road to centralization and that would be bad for Bitcoin.
That's my understanding.

I think now I have a better understanding about this issue. The opposing parties of non-mining nodes have the underlying assumption (hypothetical) that miners will never cheat. Miners will never destroy their own investment, therefore users can trust mining nodes. That being said, efforts to validate transactions and detect invalid transactions in the blocks are just a waste of time since users can trust mining nodes.

Meanwhile, the supporting parties of non-mining nodes have the underlying assumption (hypothetical) that there is a probability of cheating and a possibility of takeover and disruption by authoritarian governments or other political upheavals.

I guess parties who against the non-mining nodes would have their "Oh Shit" moment when their hypothesis could be proven false.
6104  Local / Bahasa Indonesia (Indonesian) / Re: [DISKUSI]Kita sudah melenceng, mari taubat on: June 04, 2018, 04:45:00 PM
Sebetulnya agan tidak perlu terlalu khawatir akan hal ini. Untuk inilah sistem merit diperkenalkan sehingga anggota yang postingannya tidak bermutu tidak akan bisa naik rank. Memang mayoritas[citation needed] member di sub Indo sini menggunakan bitcointalk untuk mencari tambahan penghasilan. Itu sah-sah saja asalkan masih taat dengan peraturan yang berlaku. Lebih baik kita berfokus saja dengan apa yang masih bisa kita kendalikan, seperti:
  • Tidak ikutan posting SPAM;
  • Mulai membuat thread yang bermanfaat;
  • Mengikuti diskusi dengan lebih serius.

Untuk oknum yang masih suka melakukan hal-hal yang melanggar peraturan (terutama junkers), nanti toh cepat atau lambat akan kena hukuman. Siapa tahu tahun depan Master Theymos akan memberlakukan banned permanent ID yang miskin merit.
6105  Bitcoin / Development & Technical Discussion / Re: Why do some people believe that only the nodes miners run matter? on: June 04, 2018, 09:26:25 AM
I have been waiting for someone to ask this question since I have the same question, and I'm just a newbie who reluctant to start a new topic.

From what I read arguments against non-mining full node, as follows:

It doesn't make the network stronger. It's actually the opposite. A non-mining full node only acts as a "witness." It doesn't have the ability to put/discard transactions in the blockchain. Thus, it only delays sending transactions to the node that really matters.

Parties who against the non-mining full node often cite Satoshi's mail "Only people trying to create new coins would need to run network nodes.  At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.  A server farm would only need to have one node on the network and the rest of the LAN connects with that one node."

I really hope Bitcoin guru here can give me some lesson.

Source:
https://medium.com/@olivierjanss/why-non-mining-full-nodes-are-a-terrible-idea-ad3c49f7a7b6
https://www.mail-archive.com/cryptography@metzdowd.com/msg09964.html
6106  Local / Bahasa Indonesia (Indonesian) / Re: [SHARING] Joniboini's Tips untuk Mendapatkan Merit | Plus Merit Journaling on: June 03, 2018, 03:35:27 PM
Ane ikut nimbrung om. Ada dua hal yang menjadi penilaian ane dalam memberikan merit:

1. Kelihatan Kalau Berusaha
Mendapatkan merit sebetulnya tidak jauh dari seberapa besar upaya yang seseorang berikan di dalam ia membuat postingan. Meskipun secara konten tidak terlalu maksimal, tetapi kalau ane liat OP sudah bekerja ekstra keras untuk membuat suatu posting, maka lebih besar kemungkinannya untuk ane memberikan merit.

2. Menggunakan Aturan Penulisan yang Baik dan Benar
Mau Bahasa Inggris atau Bahasa Indonesia, ane akan malas memberikan merit pada posting yang tidak enak dibaca dan/atau banyak kesalahan penulisan. Balik lagi ke poin nomor satu, banyaknya kesalahan penulisan sedikit banyak memperlihatkan minimnya usaha seseorang dalam membuat suatu karya tulis.
6107  Other / Meta / Re: Stake your Bitcoin address here on: June 02, 2018, 12:12:47 PM
Code:
-----BEGIN BITCOIN SIGNED MESSAGE-----
Date: June 02, 2018
URL: https://bitcointalk.org/index.php?action=profile;u=1574226
Hello, this is mu_enrico.
-----BEGIN SIGNATURE-----
1PKoPYtPCyg5V45JW2XhK8gkfuut7BXJAf
H4wtpZyRv+AuZ67CXiv0JcPuDZOf+wY5GHT+ch4qD1FvaXFHI4kW8BSpSk+Nj8nSk3pW+4FoGyvBlgnvbE4IaAQ=
-----END BITCOIN SIGNED MESSAGE-----
6108  Local / Bahasa Indonesia (Indonesian) / Re: [DISKUSI] Saran Sub-Forum Indonesia (Rules Thread, OP, Post, dst) on: June 02, 2018, 08:38:38 AM
<...>

Betul sekali gan, memang bukti-bukti tersebut kuat kalau ingin menuntut tanggung jawab OP. Yang saya khawatirkan lebih kepada "damage" yang sedang/sudah ditimbulkan ketika terjadi "abuse." Hal ini sedikit banyak sudah ada solusinya di bawah ane.

<...>
Selanjutnya jika memang ada abuse dan bukti sudah disimpan, mungkin bisa nanti dilaporkan ke thread index "hall of shame" (belum tau namanya dan yang semoga ada nantinya)
-Abuse translation(menghapus tuduhan menggunakan google translate dan sejenisnya)-lapor di thread index tsb dan cantumkan bukti
-abuse tuduhan scam (ini bahkan bisa langsung dibawa ke sub reputation/Scam Accusations)
<...>

Setuju dengan adanya thread sticky untuk pelaporan.

Sedikit cerita pengalaman ane terkait adanya thread phishing:
Memang di BTT sudah ada tombol report to moderator, sewaktu ane report kemarin ada jeda cukup lama antara pelaporan thread dan penghapusan thread. Wajar ane kira karena om momod juga ga bisa online 24/7. Kalau tidak di self-mod, ane kemarin bisa menulis besar-besar "This is a scam (phishing)!" tanpa perlu khawatir pengunjung thread berikutnya akan terjebak (karena pos ane tidak bisa dihapus). Ane juga sering terbantu dengan komentar-komentar semacam ini.

Akan tetapi ane kira keuntungan dibandingkan dengan risiko dari self-mod ini jauh lebih besar. Risiko penggiringan opini, scam, dsb., masih sekedar hipotesis saja (dan agak paranoid).
6109  Bitcoin / Bitcoin Discussion / Re: Is Fiat Currency completely irrelevant to cryptocurrency on: June 01, 2018, 12:28:46 PM
There are some believes that we might not necessary need fiat currency in trading cryptocurrencies.
My question now is If Fiat is completely irrelevant in the world, and gold do not back crypto, where will cryptocurrency derive it value from?

First, let me ask you a question. Where do you think fiat value came from?

Fiat might be still relevant decades from now. Maybe it will be irrelevant, but who knows. Let's assume cryptocurrency will be the main currency used by people for everyday purchase, hence completely replacing fiat. The value will come from its use.
6110  Other / Meta / Re: Will Merit system turn to decentralized ? on: June 01, 2018, 12:17:29 PM
<...>
Im just new to forum and as far as I know, merit is given to quality post around forum by ppl who got sMerit.
<...>

If you are new to this forum, why you have so much concern about merit? Just learn about bitcoin and use this forum as a source of knowledge, Except.. you're just an alt.
Anyway, merit is just like other reputation points. It's common in other forums. If you can solve this puzzle, you'll get Nobel prize in the online forum category.
6111  Other / Beginners & Help / Re: Should you trust crypto "influencers?" on: May 31, 2018, 11:54:29 PM
Almost all of them only there for entertainment purpose and not to be taken seriously.
But recently one Youtube channel gain my trust, it's CRYPTOTWINS lol
6112  Other / Meta / Re: Celebrating my 0 to 100+ merits and demonstrations of impact on: May 31, 2018, 03:29:32 PM
Bro, why you need "specialty" column? IMO you don't need a specialty to rank up. If so, I bet many members who rank before merit introduced will have no specialty. Maybe we just need the list. Whether it's legit or not, it's not our decision to make.

~ Just my two satoshis ~
6113  Local / Bahasa Indonesia (Indonesian) / Re: [DISKUSI] Saran Sub-Forum Indonesia (Rules Thread, OP, Post, dst) on: May 31, 2018, 03:07:19 PM
Suhu-suhu, ane sebagai newbie sebetulnya sangat setuju dengan adanya kewajiban self-moderation, bahkan mungkin lebih baik kalau fitur tersebut diterapkan tidak hanya untuk ANN altcoin saja. Dari pengalaman ane membuat topik kemarin yang kemudian dipenuhi spam, memang sepertinya di sini lebih baik kalau semuanya self-moderation.
Tapi hal tersebut bukan berarti bebas risiko, bagaimana bila hal berikut ini terjadi:
1. Sensor di ANN: posting yang berupa mengingatkan scam, tuduhan scam yang kuat, kritik, dll., lalu kemudian dihapus oleh OP.
2. Sensor di General: posting yang tidak sependapat kemudian dihapus oleh OP.

Kalau saya pribadi sih terkait masalah sensor menyensor sepertinya kalau di lokal Bahasa Indonesia masih gak masalah untuk saat ini, nanti kalau mungkin kualitas posting sudah membaik baru gak usah self-moderation biar gak dituduh sensorsip.
6114  Economy / Economics / Re: Bitcoin and Economy on: May 31, 2018, 02:13:21 PM
<...>
we all know people who engage bitcoin don't pay taxes to the government.
<...>

I paid taxes to the government. Ever heard of "self-assessment" in taxation?

<...>
what will happen to a country where 80% of its citizens engage in cryptocurrency?
<...>

Still related to my first statement, I think more and more government will move to self assessment method. So instead of the government sniffing our capital gain, they can just get our tax report without hassle.  This system however, will rely on goodwill of both parties. But, if the government manage the country well, they don't have to worry about this "false report" thing..
6115  Other / Meta / Re: It's very difficult to get merit and higher ranks don't like bounty to be a job? on: May 28, 2018, 06:29:33 AM
I don't know why or how to get merit or maybe people don't really mind about merit system or this reason below Cheesy
read many guides and tips how to get merit but did not work, I even created a good thread about guides how to find a good bounty to participate in but still no luck even a single merit but nothing many people in that section don't care, I created that guide to help bounty hunters find a good bounty
<...>

Hello there fellow newbie, I think you have the wrong approach on this matter. You misunderstand what a quality post is. A good quality post is a post that is considered helpful to the bitcoin community, not some bounty community. This is a community for learning about bitcoin, so you should create a post that:
1. Help other members learn about bitcoin (better, quicker, more fun, etc.)
2. Help other members integrate into the bitcoin community.
3. Help other members to become a better man.

Just my two Satoshis.
6116  Local / Bahasa Indonesia (Indonesian) / Re: [Sharing] Pengalaman Berharga Newbie Berpetualang di Forum Global on: May 28, 2018, 04:29:04 AM
Quote
@Vcam76, @ahmadi17, @Furious 7, @Jacklowo, @naira, @MelojoeBryan, @sabelakudri, @akukamu18, @SYATILA, @Delima Manis[/quite]

Terima kasih atas kesediaan agan dan sista membaca judul, paragraf pertama, dan komentar pada halaman terakhir. Memang ketika kita terbiasa ngask*s, kita akan sering posting hanya dua atau tiga kalimat saja. Susunan kata pun tidak bisa dimengerti. Ini adalah hal yang dihindari dari forum ini (dan forum serius global pada umumnya). Ketika komentar agan masih muat ditaruh dikirim jadi chat atau sms, lebih baik ditahan dulu nafsu untuk postingnya, daripada nanti kena ignore dan ban.

Untuk menghindari spam, ane sekiankan saja "diskusi" ini. Nanti kalau ada topik lain akan ane self-moderate saja.

See you!
6117  Local / Bahasa Indonesia (Indonesian) / Re: [Sharing] Pengalaman Berharga Newbie Berpetualang di Forum Global on: May 27, 2018, 04:20:04 PM
Quote
@Nana_Marini, @heberkaloko32, @Yosimiko, @singkinting, @Ulvajaya, @AIDIL, @OnceTwiceThird, @syahid321, @Jhon Wick, @Sell22122h, @Asyir arc, @coeghacked, @denasha92, @benny87, @alfitriyansyah100, @kelinci_putih, @mulyadi dedii, @zuzie, @black45, @osmo

Target setoran post apa masih kurang ya gan? @denasha92 sampe posting 3x kayak minum puyer. Coba kalo momod sering-sering main ke sini enak nih dapet list junkers.. hehehe

Ini dari saya sendiri sih. Rasa-rasanya ada peraasaan inferioritas ketika mau nimbrung di forum global. Mereka kelihatan lebih superior aja. Meski ga semua orang luar negeri semua, saya tahu orang indo juga ada. Selain itu ada juga perasaan ga pede, takut kalo komen yang dibikin ga mutu. Apalagi masih ada keraguan juga sama bahasa Inggris. Masa mau dijadiin ajang coba-coba. Uneg-unegnya gitu sih.
#oot, Pengin liat user stats nya, tapi pas saya buka kok error ya. Apa fitur statistik sudah ga disediakan di forum ini ya?

Kalau agan sudah belajar tentang blockchain dan bitcoin, sebetulnya untuk posting-posting tertentu tidak perlu khawatir salah. Karena banyak argumen juga yang masih bersifat hipotesis, pakar A juga sering berbeda dengan pakar B. Yang penting ketika berargumen ada referensinya.
User stats setau ane tidak bisa diakses oleh member biasa (CMIIW).

untuk nimbrung pada forum global bahasa inggris kita harus mahir, bukan hanya bahasa inggris saja yang mahir gan, agan juga harus mempunyai toefl juga diatas rata-rata.
khusus buat agan-agan yang rank actifitynya masih rendah (seperti gue, Newbie) jangan asal pos gan, nanti agan dikira spam, bener gan seperti yang saya alami beberapa hari ini post yang saya bikin gak bisa menambah actifity, untuk local saja masih belepotan gan apalagi pada forum global, hehe..
baik dalam forum global maupn local mestinya coment tidak jauh dari post yang sedang di bahas.

Kalau posting itu bukan semata-mata untuk menambah actifity activity gan. Sebaiknya memang karena ingin memberikan ide-ide atau informasi penting dalam diskusi.

Sebenernya cara yang agan terapkan itu berlaku untuk local board juga, sama aja. Cuma orang-orang banyak yang gak peduli soal itu. Bayangkan, gak usah bahasa Inggris, orang bahasa Indonesia aja banyak yang masih kacau kok Grin
Dan juga menurut saya, bahasa Inggris memang musti bener, tapi ya gak terlalu kaku jugalah, bahasa santai aja.

Memang salah satu tujuan dari post ini selain tentang forum global, juga adalah "satire" gan. Kadang suka lucu juga baca-baca komentar junkers, enak sambil ngopi di malam hari.

<...>
Saya ambil contoh (maaf, saya tidak bermaksud menghina/mengejek, dll, hanya untuk dijadikan pelajaran):
https://bitcointalk.org/index.php?topic=3367067.msg35275558#msg35275558

Early to know bounty I do not know anything, I entered into a telegram group in which contains senior bounty hunter, first I did not dare to ask, after a little familiar then asked questions.
some factors that I think will make us successful as a beginner in running a bounty:

1. Ask the seniors, about what bounty they are following, and how to distinguish the project from paying or scam
but in my opinion, before they pay any bounty potentially scam because the references of bounty are their ICO program, but at least if they have teams and jajarnnya who have experienced the potential to fail 15%.
2. record in detail, time and rules when we make a report bounty related, it's up to mo exek or exek notepad important that we can understand
3. Be consistent do not be lazy because the results depend on our own efforts
4. do not mix the old bounty with a new bounty, because I like mixed up finally forget ngerjain old project
5. benefit all the rewards offered, and forget to often ask the manager or admin in the telegram related projects.
in bounty I only follow 3 categories, facebook, twitter and media (blog or youtube), and I also often see the allocation for bounty, klo small I livein hehehe.

actually there are still many factor factors that will help us achieve success in ngebounty, the way above that I have lived ...
I hope this helps
Silahkan dinilai sendiri, kata-kata yang saya 'bold'.

Luar biasa sekali, caranya untuk bisa sukses ngebounty sangat bermanfaat. Jari ane sampai tidak bisa menahan untuk tidak memberi merit.
Ane masih belum paham artinya "exek" dan "jajarnnya," mungkin agan bisa memberi pencerahan?

postingan yang bermanfaat gan,
kalo boleh berbagi pengalaman gimana ya cara agan bisa menguasai bahasa inggris?. terus terang saya sangat mau menguasai bahasa inggris, cuman tidak tau harus memulainya dari mana, mungkin agan mau berbagi pengalaman Grin

Dari dulu SD sampai sudah putus sekolah, di sekolah ane selalu ada pelajaran Bahasa Inggris gan.
Ane sarankan agan untuk belajar dulu melalui berbagai media yang ada. Kalau nonton Youtube cari channel-channel yang pakai Bahasa Inggris, kalau baca koran cari TheJakartaPost, dll. Tentunya manfaatnya tidak cuma untuk posting di sini nantinya, karena akan banyak peluang mendapatkan penghasilan lain ketika Bahasa Inggris agan bagus.

Ane paham juga gan kalau belajar itu butuh waktu, minimal agan bisa pakai Google Translate ke Inggris -> pakai plugin Grammarly -> Retranslate ke Indonesia pakai Google Translate untuk memastikan maknanya sesuai. Utak-atik terus sampai maknanya sesuai baru posting. Hindari juga penggunaan smiley dan perhatikan tanda baca dan kapitalisasi.
6118  Local / Bahasa Indonesia (Indonesian) / Re: [Sharing] Pengalaman Berharga Newbie Berpetualang di Forum Global on: May 26, 2018, 09:06:44 PM
Quote
@A.ROFIK, @Tuturtinular, @indah rezqi, @hermanganbaro, @Kalau04, @salman khana, @Mendrofa, @savitardty, @youbuter, @weslahpar, @BITCOINT4LK, @hariyansah, @Hendramuliadi

Terima kasih atas kesediaan agan dan sista membaca judul, paragraf pertama, dan komentar pada halaman terakhir. Memang sulit untuk tidak kejar setoran posting, apalagi sudah di akhir pekan. Semoga kedepannya agan dan sista bisa memberikan komentar yang lebih serius apabila hendak posting di forum luar.

Sependapat dengan agan mu_enrico. Memang pada dasarnya kita harus menguasai pemakaian kosa kata Bahasa Inggris, sekurang-kurangnya paham dulu tentang grammar nya. Selain banyak media yang bisa dijadikan wadah untuk pembelajaran/pendalaman ilmu seperti yang dipaparkan diatas, kalau bisa dimaksimalkan lagi merangkai katanya melalui buku/Kamus Bahasa Inggris dalam hal mencari arti/definisi kata.
Sebelumnya terimakasih gan rujukannya, Tools/plugin diatas (Grammarly) cukup membantu buat kita-kita yang belum menguasai Bahasa Inggris secara aktif.

Terima kasih untuk tanggapannya yang serius. Dalam hal menulis dalam Bahasa Indonesia sudah sangat sedikit kesalahan dan gaya bahasanya sudah sangat baik. Ane jadi teringat ada seorang member senior yang mampu menulis seperti ini. Terus dipertahankan kualitas tulisannya. Kalau nanti agan membuat thread yang menarik, ane yakin agan akan dapat merit.

Sedikit koreksi:
diatas => di atas
terimakasih => terima kasih

Sependapat banget sama thread agan ini! Pengalaman yang sangat berharga buat kita-kita yang masih newbie terutama yg nggak sering main forum global. Kuncinya betul gan memang harus profesional tidak sekedar kejar postingan bounty karena kentara banget dari isinya yang tidak berkualitas sama sekali. Saya aja udah berusaha tapi kadang postingan tetap dihapus itupun udah ketik panjang-panjang loh sama kasi unek-unek juga.

Tetap semangat gan! Lebih baik baca-baca dahulu saja. Tidak perlu terlalu bernafsu untuk posting apabila memang belum bisa maksimal. Mungkin cukup seminggu sekali tapi berkualitas pada awalnya, lalu frekuensi bisa ditambah kalau sudah fasih.

mengenai penggunaan bahasa inggris saya rasa sedikit sulit bagi yang tidak menguasainya,terutama bagi members yang mengikuti forum global,karena untuk mengggunakan google translet sering mengalami kerancuan makna, tetapi haruslah menerjemahkan secara grammer.
jika memiliki tekat yang kuat, kesuksesan akan dapat juga dicapai.

Masalahnya penggunaan Bahasa Indonesia agan saja sudah kacau, jadi lebih baik saya sarankan berlatih dahulu menulis dalam Bahasa Indonesia.

Kalau memang sudah tidak ada tanggapan yang serius lagi, nanti akan ane kunci thread-nya agar tidak menjadi lahan spam.
Terima kasih banyak atas partisipasinya!
6119  Other / Beginners & Help / Re: Blockchain in Supply chain & logistics dept. on: May 26, 2018, 08:47:18 AM
Our general supply chain method lacks transparency and its very complicated now. In the past the commerce was local and supply chain was plain simple Now the commerce is complex and so is supply chain and logistics industry. But can blockchain technology solve all this problem.
Whats your opinion, how can we merge blockchain with supply chain, logistics industry and how can it help.

There is an ongoing debate about this, we will wait for more experiments.
The first argument: open blockchain isn't suitable for this project because of the consensus algorithm built on top of it (PoW). Blockchain has a very specific use, and maybe only suitable for cryptocurrencies. Long story short, closed blockchain will fail.
The second argument: closed blockchain with special consensus algorithm (PoS or else) can be used in various projects, one of them is for a supply chain project.

In my opinion, the supply chain industry maybe needs a better database instead of using blockchain.
6120  Bitcoin / Development & Technical Discussion / Re: Pow change? on: May 26, 2018, 05:58:34 AM
hi all,
I'm reading some respectable people talking about a pow change to kill bitmain monopoly.
I have no opinion about bitmain, if they are good or bad now is not important for the scope of this post.
Bitmain proved a lot of time to fast and efficent producing asics for a lot of algorithms, so I hope a pow change will only kill the little concurrency they have.
I can't figure how  canaan, or bitfury, or others producers and all others miners can survive a pow change better than bitmain.
So I'm looking for a suggestion to understand how a pow change can be a solution and not an harm to mining.

Algorithm change is very risky for Bitcoin because it'll require a hard fork. In the event of a contentious fork, the attack will increase dramatically.

As @aantonop says: "If a fork happens, we get to learn what happens when a fork attack occurs. Anyone who thinks a fork will be unopposed is quickly going to discover that this will be a battle on all fronts. Inevitably the two sides are going to attack each other on the network, with denial-of-service attacks, with the hash rate; they're going to attack each other publicly, privately, anonymously and not. Every bug in the software will get poked and poked again, so they better fix them well. The battle becomes "who has the best software development team? How quickly can they maintain that code and keep uptime?" That race is only 7 blocks wide. I don't think the people who are threatening to do a hard fork have thought clearly about the implications. This will allow Bitcoin to test all the attack vectors (nodes, relays, hashing, replay transactions, etc)."

source: https://www.youtube.com/watch?v=rZi86_ovB3Y

I think the better way to think is to decentralize the ASIC, to make miner's access to ASIC become easier. So we can buy ASIC as easy as buying a hard drive.
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