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781  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: November 28, 2023, 01:32:32 PM
OK, ot was probably when I was being more active in my deposits and withdrawals that started to casino to notice. I wasn't doing anything "shady", I merely didn't want to keep me coins in the casino for more than 24 hours. It's not that I don't trust the casino, it's just because we were given a feature of self-custody by Bitcoin.

¯\_(ツ)_/¯


Almost every gambling site out there(FIAT and Crypto) hates it when customers keep withdrawing frequently from their sites, but love it when customers keep depositing regularly which is the sad reality.

This is why they use shitty tactics like enforcing KYC etc in order to try and slow down the withdrawals.


It's understandable if fiat casinos do that, but for casinos that were built on cryptocurrencies as the foundation, and with cryptocurrencies as an accepted form of "money", then they should understand that the market demographics for cryptocurrency users are not the same as the fiat users. Cryptocurrency users, especially Bitcoin users take the phrases, "Don't trust, verify" and "Not your keys, not your coins" very seriously.
782  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: November 28, 2023, 08:31:58 AM
You also said that the economic crisis is a global matter. That's true, and it's probably why China doesn't want the U.S. economy to crash. Why? Because the U.S. is China's biggest customer for their manufactured goods. China's domestic economy can't support their manufacturing sector.

Interestingly enough, Chinese government has been focusing on this. They've been trying to build that up to improve the domestic "demand" in their economy and strengthen it from within. In fact one of the reasons why they are less affected by the global crisis is this.


It would be laughable to believe that China's dometic demand alone would be enough to support their whole manufacturing sector at its current state and size. There will be a recession if international demand goes down.

Quote

But you are right. China has always wanted stability so that they can milk everyone in the world! If US economy crashes, China will be significantly affected. This is also why they always try to or hope for stability in other regions of the world too, such as West Asia.


It's merely business, ser. The world needs cheap goods, China can manufacture them.

Quote

However, lets not forget that for China that is a double edge sword. In fact the reason why China owns a huge amount of US debt is two reasons:

First is to help the dead US economy to stay alive artificially for longer so that they can milk it more.

And second is that at the same time they want to have a very potent weapon against United States in case US regime wanted to face China militarily for instance (ie. if China dumps the massive amount of US bonds they own at cheap prices it would annihilate US economy).


There might actually be a Banking Crisis that could probably crash the whole U.S. economy next year, https://www.fxhedgers.com/p/powell-says-the-quiet-part-out-loud

It might probably give us another opportunity to BUY The DIP like 2020 crash too.
783  Bitcoin / Development & Technical Discussion / Re: Which Linux distribution would you use now? on: November 28, 2023, 06:29:07 AM
Whonix only runs as a Virtual Machine.  There is no way you can INSTALL it as a stand alone Operating System.

There are two ways of running Whonix.  Qubes or Virtual Machine.  Qubes is kind of hard to get accustomed to if you are not a fan of new UI and if you are unprepared a new, overhauled experience with a Linux distribution.  I like Qubes because it gives you many options.  You create what they call 'Domains' which are pretty much Virtual Machines.  You can create a Windows 'Domain' with no Internet connection.  All Domains are separated.  They do not interfere.  Any USB you insert has to be assigned to Domains you want it to be assigned to.  Any thing you do is pretty much happening in separate Virtual Machines and Qubes is just an offline desktop to manage them.  Think of it as running multiple computers all on the same monitor.

Best part of it is that the main management desktop known as dom0 is offline while you can run online Domains.  With this being said.  If a Domain is hacked it is almost impossible for the virus or hacker to get to dom0 let alone another Domain.  It is overkill like you say however.  Unless you truly care about top notch Security.

Like I said however.  It is hard to get accustomed to it.  You will have to do a lot of documentation.  Reading their install documentation is very important too.  You will learn a ton of important things about keeping high levels of Privacy and Security while running Qubes.

Qubes offers full disk encryption in the Install GUI and is extremely Privacy friendly.  It has pretty big system requirements however.  There is an exhaustive list of computers tested with it.  Maybe it is helpful to you.  https://www.qubes-os.org/hcl/

Now that I wrote this all I realize I sound like a walking Qubes advertising billboard!

-----

Tails is fun and all but because of its amnesic properties it is not a great Operating System for daily use.  It was not meant to be a daily driver or to be used occasionally with Persistent Storage anyway.  So I do not recomment doing a Persistent installation of Tails.  What I like about it is the amnesic property of it.  But this makes it only a great temporary Operating System.  It is perfect if you need to quickly boot up Tails for an Internet search.

In some cases Tails is more secure and can offer more Privacy than Qubes can.  But for your needs this might not be it.  Would not recommend any body to run a Full Node on Tails.  Defeats the purpose of Tails and probably builds loop holes too weakening the Security you should have.

-----

Since you are looking at some Debian distros.  Why do you not just install the blank version of Debian?  Download and install only the first CD file from https://www.debian.org/CD/http-ftp/.  That will install the most stripped version of Debian.  Last time I checked, the stripped version of Debian is 100 percent Open Source.  Then you can install any non free driver or package you like by downloading it from https://www.debian.org/distrib/packages.  This is the most hard core way you can go if you do not trust any thing and any body.

What I like about Debian is pretty much ANY issue you will ever encounter with Debian will be about one or two quick searches away.  There is an entire community for this distro.  It is Debian after all.

Warning.  This means you will encounter a lot of problems you will have to fix by yourself one by one until you can get to run the things you need properly.

You will probably not even have Wi Fi drivers after installing the first CD.  Probably will not need that if you are using Ethernet any way.  You can look up drivers for any thing that does not work.  I doubt you will not find a way.  Internet is your friend.

But there is a bit of work to do if you want to keep it as clean as possible and this is the best way to do it.  Who needs display driver which is proprietary.  Who needs Bluetooth adapter.  Who needs all that B S.  I like it raw.

There are many other distributions but I would not trust them.  Fewer contributors and users means more loopholes.  Tails, Qubes and Debian are pretty much Top 3 for people who do not trust their computer and Operating System much.  Ubuntu is probably the most popular distribution across the Linux community but even Ubuntu is based on Debian.  Why run something that has been built on top of Debian when you can run Debian itself.

Other Privacy oriented distributions are more focused on Security than Privacy it seems.  Kali and such.

-----

Or give them all a try.  See which you like most.  Maybe you fall in love with one and keep it.


You could also "virtualize" the different tasks that you do by merely using a distro like Linux Mint as your base OS + VirtualBox. The base OS should NOT be used for anything else except to run your VMs to avoid it getting infected with malware and being exploited.

You can install VirtualBox and install different operating systems to separate your Bitcoin activities from your emails, browsing, and porn. Porn should be in its own VM. If that VM gets infected, it won't spread to your base OS and your other VMs.

Linux Mint is probably good as a base OS + use Lubuntu for your VMs.
784  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: November 28, 2023, 05:25:18 AM
Like what I said in many posts in this topic. zkSNACKS' decision to filter transactions was truly never for the benefit of its users. It was made for the benefit of its own protection from government harrasment.

You said "An ordinary user would be digging himself into a bigger hole if he mixes his coins with what usually would be the criminals' coins."  Since users such as yourself would rather have no privacy at all instead of mixing with criminals, zkSNACKs obliged your concern and is refusing to do business with criminals on your behalf:

Something to think about.

It might be safer to leave them alone. Tumbling with Coinjoin and mixers might mix your coins with the coins of criminals, black hat hackers, and dark market drug dealers.

But think about it, tumblers and coinjoins are not cheap, and who would be willing to pay for them to keep their privacy?

I believe an ordinary user would be digging himself into a bigger hole if he mixes his coins with what usually would be the criminals' coins.


I may have said that, but it doesn't change the fact that WasabiWallet and zkSNACKS developers are cowards when they hired the services of blockchain analysis companies and implemented filters/censors. Peter Todd also said so in that video you posted.

But if you deny it, OK.

I also wouldn't want your coordinator to stop filtering, it's very useful for both clean UTXOs, and "tainted" UTXOs to make them like "clean" UTXOs.
785  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: November 28, 2023, 05:11:13 AM

In my own personal experience, KYC was not compulsary until I made larger and larger deposits and withdrawals from the casino. Especially if you do, deposit then withdraw within a short period of time more often. We can't blame the casino if they check on their users to find out if they're merely using the site as a sort of mixer/tumbler. But if the user is an honest person who merely wants to gamble, then just comply and there's nothing to worry about.

KYC is always compulsory to any casino that has a Curacao license. They just require it in random basis but all the account is subjected to KYC at some point of their game. Casino just imposed it during registration process but you automatically agree to undergo KYC once you are asked the moment you sign up and agree the casino ToS.


Do you, or anyone in the forum, know what licenses DO NOT strictly require or enforce KYC on their users? That might be a good tip for those who don't want to give up their privacy, no? Cool

Quote

It’s not about how huge your withdrawal but depends on the overall activity of your account since you can be subjected immediately to KYC if you show some shady activity.


OK, it was probably when I was being more active in my deposits and withdrawals that started to casino to notice. I wasn't doing anything "shady", I merely didn't want to keep my coins in the casino for more than 24 hours. It's not that I don't trust the casino, it's just because we were given a feature of self-custody by Bitcoin.

¯\_(ツ)_/¯
786  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: November 27, 2023, 02:11:12 PM
This is what i expect gamblers to know that the gambling platforms cannot bend down to the gambler's request except if such comply to their terms and conditions, there's no way i will be using a platform but yet insisted that i don't know much about them, if i don't then they are smart enough to fish out things that they know am unaware of concerning to them and then they use it against me untill further proof and informations were given.

Casinos who will do such thing are shady. Because if the platform is trustworthy, they will not use a trick to take advantage their gamblers for something that they're not aware of. It's a common practice for casinos to ask for verification if you win a decent amount especially if you exceeds the limit.

However, this rule should be written on their ToS and they're transparent regarding this. And even kyc is not compulsory at first for new player, they will understand that this is inevitable in the future. So it's the responsibility of the gambler to read the rules to be certain that they understand and agree on the casino's rules.


In my own personal experience, KYC was not compulsary until I made larger and larger deposits and withdrawals from the casino. Especially if you do, deposit then withdraw within a short period of time more often. We can't blame the casino if they check on their users to find out if they're merely using the site as a sort of mixer/tumbler. But if the user is an honest person who merely wants to gamble, then just comply and there's nothing to worry about.
787  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: November 27, 2023, 01:58:41 PM
Who's next?

In terms of wallets, I suspect it will be ones owned by other malicious entities such as centralized exchanges. Coinbase wallet, or Trust wallet which is owned by Binance. Those are already terrible wallets, but when they start attacking bitcoin itself as Wasabi does then that becomes yet another reason not to use them.


You're right, but I believe that state-actors will try to enforce that ALL wallet app developers should have such a feature to "protect" the Bitcoin users from receiving "sanctionable" outputs, or face the consequences.

The cowards like Wasabi will comply. Cool

Quote

There are probably some services right now that will lock their users' accounts on account of "taint".

Almost all centralized exchanges will do this. Some will even lock your coins if you deposit coins from a Wasabi coinjoin, which makes a complete mockery of Wasabi's pro-government and pro-surveillance stance.


Like what I said in many posts in this topic. zkSNACKS' decision to filter transactions was truly never for the benefit of its users. It was made for the benefit of its own protection from government harrasment.
788  Economy / Economics / Re: China's real-estate sector is NOT doing well, it might bring whole economy down on: November 27, 2023, 11:38:26 AM

Chinese economy is too weird to analyze like this, specially without doing extensive research into it. For example last time a sector in China was about to go bankrupt, it turned out that it was the Chinese government's doing. They basically bankrupt them to prevent capital from leaving the country!!!

Not saying this is the same but you got to do a lot more research to figure what the hell is going on in China.

their budget deficit is in the highest in two decades.


The economic crisis is a global matter so it is affecting every country but to be honest China is one of the least affected ones.

For example the budget deficit thing you are talking about is like $130 billion which is like 1% of China's GDP and is really nothing specially since the GDP growth for China is above 5%.

In comparison other countries are doing a lot worse. For example US budget deficit is already in the trillions ($1.7 trillion to be exact) which is a much bigger percentage of the GDP too (nearly 7%) and the growth US set was 2.4%.


They probably are least affected, but offering unsecured loans is the first in China's history causing their budget deficit to be the highest in decades, and it's growing. But OK, that's probably nothing.

You also said that the economic crisis is a global matter. That's true, and it's probably why China doesn't want the U.S. economy to crash. Why? Because the U.S. is China's biggest customer for their manufactured goods. China's domestic economy can't support their manufacturing sector.
789  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: November 27, 2023, 11:21:05 AM
But that's precisely my point. It could build a separation between "tainted" Bitcoin and "clean" Bitcoin, and that could make people value them dfferently. Currently we're not in a "taint-aware" world, but the shower-thought - "What if wallet software developers start implementing alerts that will warn users that they are about to receive "tainted" inputs"? I believe for users like us, we know it's absolutely BULLSHIT, but that won't be the situation for newbies and normies who merely want to use Bitcoin for "coffee transactions".

Which is why we need to speak out strongly against any entity which promotes the use of taint, such as Wasabi, and warn everyone to stay well away from ever using their products. Taint only exists because of the likes of Wasabi. If everyone stopped using any entity which promotes the use of taint, then the entire concept ceases to exist.


I acknowledge the fact that it should also be fought not just in the technical side but in the political side as well, but the point I was making is wallet alert features will come. Currently, Wasabi is the first? It might not be a direct feature in WasabiWallet, but it's a core feature before CoinJoining through their coordinator. Who's next?

Plus the "likes of Wasabi" will also include the likes of many other centralized merchants and services. There are probably some services right now that will lock their users' accounts on account of "taint".



I'll read that and reply later.
790  Economy / Gambling / Re: Introducing BC.Game Support Team: Building Trust and Transparency on: November 26, 2023, 02:26:09 PM
This is nothing but a PR campaign. It's pretty clear to me what the casino have done and are doing.
- BC.Game have scammed many, many players. Left a lot of them on hold for a very long period of time, and watched to see which ones have complained.
- BC.Game have come here now only to resolve the cases that are public - and denying the larger cases with technicalities.
- Those who have not made a public claim, are probably still left without anything and will probably be left without anything.

After BC.Game pays out all of those who have open claims, including the larger claims, BC.Game should then cease to operate. Shady practices have occurred once, why should anyone trust this brand again?


They should probably resolve all complaints and give those users back their money first, then perhaps they'll earn the community's trust back. But personally I wouldn't trust any casino that are promoted in the forum unless there's a campaign manager who would vouch for it.

OP, after resolving all scam-accusations, if there's a respected campaign manager who's willing to run your new campaign, then that might be an indication that you have your reputation as a trusted casino back.
791  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: November 26, 2023, 11:55:08 AM
Is there a way for blockchain analysis companies to know if a transaction went to, or came from a mixer/CoinJoin?

Yes. It is trivially easy to identify coinjoin transactions, regardless of which coinjoin implementation they use. The benefit of coinjoins does not come from obscuring the coinjoin transaction, but obscuring which coins are which.

They may never have the ability to connect our coins after mixing/CoinJoin, but because there's already some "information" that those UTXOs went through a mixer, then therefore they are "tainted".

"Tainted" according to their provably made up bullshit nonsense. As I've said before, I have never once had a problem with any of my well obfuscated coins being accepted anywhere, because I flat out refuse to interact with any person, service, business, or other entity which attacks bitcoin by buying in to the nonsense of "taint".

I have nothing against Wasabi's when they made the decision to work with a blockchain analysis company

I do. It's a direct attack on what makes bitcoin bitcoin, and paves the way for government take over.


But that's precisely my point. It could build a separation between "tainted" Bitcoin and "clean" Bitcoin, and that could make people value them dfferently. Currently we're not in a "taint-aware" world, but the shower-thought - "What if wallet software developers start implementing alerts that will warn users that they are about to receive "tainted" inputs"? I believe for users like us, we know it's absolutely BULLSHIT, but that won't be the situation for newbies and normies who merely want to use Bitcoin for "coffee transactions".
792  Bitcoin / Bitcoin Discussion / Re: Lightning Network Observer on: November 26, 2023, 10:41:51 AM


Although it was observed that WalletOfSatoshi is set to have its record breaking month of processing 1.1 million payments through the Lightning Network, their team has announced that they will be leaving the United States. They didn't give any reason why.

Does anyone have any tin-foil hat conspiracy theories why they're leaving? Are dark market entities starting to use the Lightning Network for more privacy?
793  Economy / Gambling / Re: Introducing BC.Game Support Team: Building Trust and Transparency on: November 26, 2023, 10:19:13 AM
Greetings, everyone!

In response to the growing number of unaddressed cases on the forum, we've established this account as a part of BC.Game.

We're genuinely excited to engage in open dialogue, addressing concerns, accusations, and any general questions you may have. Recognizing the paramount importance of trust and transparency, especially in the space we operate in, we look forward to solving every unanswered thread here henceforth. With the creation of this account, our primary focus is to ensure clarity and openness in all matters, particularly those related to user issues. Our newly assembled team will deliver exceptional customer service, promptly address queries, and will strive to foster a supportive community for our users.

We understand the unique dynamics of the Bitcointalk forum and value the insights and concerns of this community. We aim to build trust here through openness and responsiveness to foster a positive user experience. Feel free to share your thoughts, questions, or concerns with us.  We're here to listen, engage, and collaborate in resolving any issues that arise. Together, we can build a constructive and trustworthy relationship, laying the foundation for a vibrant and supportive community.

We eagerly anticipate the discussions and interactions ahead, and we look forward to building a constructive and trustworthy relationship with the Bitcointalk community.

Support Team
BC.GAME


Why were there multiple scam accusations against you, and why are you taking your time in addressing it? Because other casinos respond to them as fast as they possibly could. But the admins behind your casino, it had an impression that you were not going to resolve the issue and explain the situation to the users of the forum.

Plus if you took your time to study those cases, what was "unique" about them that it took you long before making a response to the the people of BitcoinTalk?
794  Bitcoin / Wallet software / Re: Petition to remove Wasabi from recommendations of bitcoin.org on: November 26, 2023, 08:22:12 AM
Or, will you finally stop attacking open source Bitcoin privacy projects and admit there isn't a "flaw" like you claimed?
Just lol.

You've had the same things explained to you dozens of times by multiple users over many months. Your continued lies and denial of facts is simply evidence of your malicious intent to drive bitcoin to a government controlled system.

Wasabi is the enemy.


If WasabiWallet is the enemy, then I believe all of those CoinJoin services could be the enemy.

¯\_(ツ)_/¯

We can't point one finger to one entity without thinking that there are other entities that possibly could be working with them.

Isn't there an update for the Lightning Network that makes it impossible to distinguish between a regular Bitcoin transaction and a transaction that opens a Lightning channel? That could be a solution to help preserve Bitcoin's fungibility.

🤔
795  Other / Archival / Re: WasabiWallet.io | Open-source, non-custodial Bitcoin Wallet for desktop on: November 26, 2023, 08:07:32 AM

In Bitcoin, each Satoshi has its own history, its own "story", everything is known.


This is not accurate, otherwise coinjoins wouldn't work at all. The concept of tracing specific sats through various transaction is entirely made up and does not even exist at a protocol level. Have a read of my previous posts below:


OK, let me ask you something. Is there a way for blockchain analysis companies to know if a transaction went to, or came from a mixer/CoinJoin? They may never have the ability to connect our coins after mixing/CoinJoin, but because there's already some "information" that those UTXOs went through a mixer, then therefore they are "tainted".

I have nothing against Wasabi's when they made the decision to work with a blockchain analysis company, but they may have started to open a can of worms if other wallet apps build a feature that will warn their users that they're about to receive "tainted" outputs. If most Bitcoin users have this "awareness", then I believe those outputs will be less valued and will be sold as soon as possible.
796  Economy / Economics / China's real-estate sector is NOT doing well, it might bring whole economy down on: November 24, 2023, 11:48:09 AM
It's laughable to read those articles showing doctored data from China, then find out mere months later that China's opening from the lockdown has not been enough to make their economy surge again to pre-COVID levels. They're property/real-estate sector, which makes up a LARGE percentage of their GDP, is in the edge of crashing.

For the first time in history, China is considering to give UNSECURED loans to real-estate developers. Plus because of those fiscal stimulus that they have already distributed to help their economy, their budget deficit is in the highest in two decades. They are taking unprecedented risk to save their property sector.

797  Economy / Trading Discussion / Re: Weak or wise? on: November 24, 2023, 06:19:26 AM
In trading sometimes, there are situations and several times where traders while observing a trade placed and the profit they have made already  from it  begin to think and consider to exit from the trade and take the profit that they have made instead of waiting to the end.

Do you accept to be a weak trader or a wise trader when you exit a trade taking some profit, but not the entirety of what you want on your TP?

This is a case to case basis depending on different factor.

Weak Trader:
-If you take profit just because you are a bit excited because the price move after you purchased without analyzing the price chart if it’s still just the beginning.

Wise Trader:
-If the market is already reach a resistance or there’s a negative news that you knew that the price will be affected heavily. This time, Taking profit is really good because you already gain some despite it didn’t meet your target since you can always open new position once smoke is clear which you will knew if you analyze the chart.

Remember that taking profit early is still much less painful than taking loss while you already have the opportunity to gain profit.


Another characteristic for both the weak-trader and the wise-trader are, the weak-trader has too much love for his money and he/she is afraid to lose it. To have the conviction to invest and see the whole investment through, we need to separate ourselves from such emotions. For the wise-trader, he/she studies and does his/her own research on the intended asset. That's probably why wise-traders have more conviction to avoid the mistake of selling the asset too early because he/she knows that current market value isn't the real asset value.
798  Economy / Trading Discussion / Re: Weak or wise? on: November 23, 2023, 11:23:22 AM
A weak trader trades based on his emotions. Because he doesn't want the "profit" - on paper become a "loss", the trader closes the trade for an insubstantial profit and his emotions will make him FOMO back in the same asset if he/she sees it's surging again.

Does anyone want to be a weak trader? I believe not, BUT we plebs are all probably the same. That's why I stopped "trading" and started HODLing Bitcoin. All weak plebs should HODL too.
799  Economy / Speculation / Re: Microstrategy buys again! on: November 23, 2023, 11:07:42 AM
Even if he still says that Bitcoin is rat poison or a gambling token, he is already implying that there is business to be made when he says that people won't stop playing the roulette wheel. As more and more banks will be heavily involved with cryptocurrencies and Buffett considers banks one of his investment targets, he will also be part of the game. If he still believed that Bitcoin is rat poison and he would never touch or get close to it, seems it doesn't mean he would refrain from buying stock in crypto-friendly banks that, by the way, outperform some of his major other investments.
But he probably should. There was a podcast that had Warren Buffett's partner Charlie Munger, and Munger said that it's more difficult to find value investments in modern investing compared to the time when they started their asset managing company. He also said that it's because there are more and more smart investors who are competing for the same assets in the stock market. He said the solution is = expect lower profit.

It's funny and unbelievable when a veteran people can think like that. But, I guess this also has to do with their age Cheesy. Maybe they are heavily attached to the old school and do not want to give too much effort on the newer ones because their body or mind can't handle it anymore XD. Younger generations tends to disagree with their statements. For us, modern investing or investments are much better.


It's over-confidence, pride, and believing that they're in a position that they can't be wrong = hubris. Although, I admit that, personally, I don't know where or in what path Bitcoin will go, but when the white paper was first posted by Satoshi in a cryptography mailing-list, it was probably a pivotal event like that of a cave man who first discovered fire then went to his community to share the discovery. But Warren Buffett doesn't see it that way, it's useless, it's "Rat Poison Squared".

¯\_(ツ)_/¯
800  Bitcoin / Bitcoin Discussion / Re: [POLL] Is bigger block capacity still a taboo? on: November 23, 2023, 08:58:46 AM
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Is it because it would also depend on what that person's definition of "scaling" is?
Yes. I like that kind of approaching the problem, by the way.

Quote

What is your definition or idea of how scaling Bitcoin should actually be?


Scaling is directly related with compression. If you can use the same resources to achieve more goals, then that thing is "scalable". So, if the size of the block is 1 MB, and your "scaling" is just "let's increase it into 4 MB", then it is not a scaling anymore. It is just a pure, linear growth. You increase numbers four times, so you can now handle 4x more traffic. But it is not scaling. Not at all.

Scaling is about resources. If you can handle 16x more traffic with only 4x bigger blocks, then this is somewhat scalable. But we can go even further: if you can handle 100x more traffic, or even 1000x more traffic with only 4x bigger blocks, then this has even better scalability.

Also, scaling is directly related to intelligence. You can read more about Hutter Prize, which was advertized by Garlo Nicon some time ago: http://prize.hutter1.net/


You, ser, are correct! In the context of Bitcoin, real actual scaling should be defined as, "increasing network throughput, without sacrificing decentralization". - That's probably where the problem is, because different people in BitcoinTalk have different definitions of "scaling". But to many, it merely means increasing the block size.

Quote

Quote

I want to know everyone's definition/idea about scaling.


I will add a bonus question: how do you measure if your model is scalable or not? Write it as a function in big-O-notation, or anything you like. I support "constant-based scaling", which means O(1) scaling, which means leaving current resources as they are, and improving algorithms to build things on top of that, for example through commitments.


If that question is just for me, then you're asking the wrong person. Although I would like to read the posts of the smarter users in the forum, to learn and get some insight.
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