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P.S... Everyone should ignore the user "bargainbin" , look at his post history and you can see he constantly wastes people time by asking the same questions over and over, and trolls to create dissent. He/She isn't genuine and intends to do our ecosystem harm.
The question has never been answered, that's why it's being asked again and again. Clearly Cconvert2G36 had *exactly the same questions*, which you *again* failed to answer. But great job playing the tinfoil hat "intends to do our ecosystem harm." What question? Ask your question plainly. Yes, will repeat: ... What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). ... What the Fuck is a "non-mining node" if not a wallet? If you had significant wealth invested in a system, you would expect your interface to validate transactions, correct? A wallet is exactly what it is! And yet, there are those who *insist* that such nodes are essential to Bitcoin security. Not to *your BTC security* -- obviously, a real wallet helps -- but Bitcoin, the network security. Re. your second question: I would expect my WALLET to validate my transactions. It's a non-mining node, that's its job. Or my web wallet (if I chose to trust one) -- it will run a node, because it's its JOB. I don't need to encourage anyone to run nodes, I don't need to discourage anyone from running *different* nodes -- I don't CARE, it don't effect ME, because it doesn't affect Bitcoin security. Also, reposting my edit: Also please explain the meaning of "economic agent." Is that a person? A sum of money? A person with a sum of money?
A person running a wallet (non-mining node)? A legal entity? Can both my business and myself be economic agents?
And "economic majority" (as defined in Bitcoin wiki), explain that shit. |
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P.S... Everyone should ignore the user "bargainbin" , look at his post history and you can see he constantly wastes people time by asking the same questions over and over, and trolls to create dissent. He/She isn't genuine and intends to do our ecosystem harm.
The question has never been answered, that's why it's being asked again and again. Clearly Cconvert2G36 had *exactly the same questions*, which you *again* failed to answer. But great job playing the tinfoil hat "intends to do our ecosystem harm." What question? Ask your question plainly. Yes, will repeat: ... What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). ... Also please explain the meaning of "economic agent." Is that a person? A sum of money? A person with a sum of money? A person running a wallet (non-mining node)? A legal entity? Can both my business and myself be economic agents? And "economic majority" (as defined in Bitcoin wiki), explain that shit. |
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P.S... Everyone should ignore the user "bargainbin" , look at his post history and you can see he constantly wastes people time by asking the same questions over and over, and trolls to create dissent. He/She isn't genuine and intends to do our ecosystem harm.
The question has never been answered, that's why it's being asked again and again. Clearly Cconvert2G36 had *exactly the same questions*, which you *again* failed to answer. But great job playing the tinfoil hat "intends to do our ecosystem harm." @shmadz: Can you answer my non-mining node questions? ... What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). ,,, ... or just looking for a chance to trot out your gold standard hobby horse? |
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The 1mb is not part of original design. Increasing the block-size is.
If arbitrarily increasing the size without regard to external considerations was the "design" it would have been preprogramed to do it automatically, just as it decreases the subsidy automatically, or controls difficulty automatically. Try again. Wasn't the 1MB cap just a quickie kludge at the time when blocks never got that big, sort of a "if it's 1Meg, 100% chance of it being spam," erring on the permissive/high side? |
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NMN are important for the security of their users, not the network.
You better talk to your buddies at BTCC about the whole 1 node per economic agent letter to santa principle.
Security based on encouraging people to do the right thing. What can possibly go wrong? (If you riddle out "economic agent" & "economic majority" (as defined in Bitcoin wiki), drop me a line.) Yeah, the Byzantine problem is provably unsolvable. The incentive-based solution of bitcoin has only been proven to work for the last 6 years. Take a look at the incentives in the current system of money issuance and tell me there's no problem. Honestly don't understand what you're trying to say. What I'm trying to grasp is the reasoning behind non-mining nodes, which are neither a part of satoshi's white paper nor make any sense (above being the only real (albeit impractical) wallet). Not sure how real money plays into this. Explain please. |
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NMN are important for the security of their users, not the network.
You better talk to your buddies at BTCC about the whole 1 node per economic agent letter to santa principle.
Security based on encouraging people to do the right thing. What can possibly go wrong? (If you riddle out "economic agent" & "economic majority" (as defined in Bitcoin wiki), drop me a line.) |
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>Try and avoid assuming bad faith among peers to avoid excessive paranoia >The Gentleperson's Guide To Forum Spies - Cryptome  We are strong, no one can tell us we're wrong Searchin' our hearts for so long Both of us knowing... Love is a battlefield |
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... Whether an Agent provocateur is merely a troll, works for a competing coin, or the state, matters not. ...  @shmadz: YOU were the one who asked "When were you co-opted and why are you trying to destroy bitcoin?" Do you ask similar questions IRL, or just on the interwebs? |
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... as committed and decent as any bitcoiner (cue lambie) ...
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yeah, a Bitcoin mine is a little bit easier to find and harder to move than a TOR node. It's an unforeseen flaw in the PoW algorithm.
CPU mining on a PC was so perfect, such an incentive to get into Bitcoin: You get to make free money, you get to have a real wallet (full node), you get to be a real, honest-to-gosh complete *cell* of a truly decentralized network  ...
true, but on the other hand if the chinese miners are cut off, basically nothing changes. diff maybe to high for a while but thats it.
The difficulty could be a huge problem, depending on how long before next diff. adjustment they're cut off. And, of course, there's the whole "Bitcoin insecurity" issue with ~75% hashpower waiting in the wings  |
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^^  |
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Don't you think pools would just point elsewhere?
They might, but it wouldn't help. ChiComGovPool would still have the asics, so unless we forked away from SHA256, they'd still be able to mount a 51% attack. He might be confusing a huge factory farm passing itself of as two different pools (easy) with being able to actually hide the factory farm (drawing 999gadzigawatt/hr and having a thermal footprint of an erupting volcano) from the government. |
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... *Shrugs* Mine says -15: -5 / +17 Maybe I'm not as trusting... Have no idea re. how trusting you are, simply telling you what it looks like on default trust. No need to take my word for it: register a throwaway account, log in, see for yourself  |
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Get thee behind me, Gavin: thou art an offence unto me: for thou savourest not the things that be of Satoshi, but those that be of [gubermint] men.
Be unafraid, Marcus Idioticus!  |
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Actually, there seems to be a decent point, that mining costs are not just for the present block being mined.. but for the future and for the speculation.
That's right, because now that we've mined those coins, Bitcoin is secure & we'll never have to mine again. Far out!   |
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I see all the trolls and paid shills are back working hard on Monday ... wonder how long until their Crassic contracts run out?
Who? Who specifically do you believe is being paid for this?? It's time you name names. worse is you actually get nothing for all this bullshit you spill all over the boards here... pitiful. Be still my dog of war. I understand your pain. We've all lost something we love. But we do it my way. Fear is our ally. The Bitcoin will be ours. Then you shall have your revenge. |
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There has been too much violence... Too much pain... But I have an honorable compromise. Just walk away. Give me your coin, the code, the miners, and the whole infrastructure, and I'll spare your lives. Just walk away and we'll give you a safe passageway in the wastelands. Just walk away and there will be an end to the horror.*click*~drops mike~
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Bitcoin governance does not have to "be fixed" in any way.
It is working perfectly and any attempt at highjacking it will miserably fail.
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GavinCoin means squat, try looking for facts!
He's trying to make Bitcoin inflationary. He's a socialist. He's an enemy of Bitcoin The People.  |
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