If bitcoin forks over block size it will be very bad for the entire community because it will scare merchants away. They will always wonder what will happen next but that looks like that is where we are headed sooner or later.
There are essentially no merchants to scare away. The grand total commerce done at the merchant level today is so close to zero you wouldn't believe it. If anything scares merchants is Bitcoin's .40c 'swipe fees'. Transaction fees are now way beyond levels tolerable for retail use. But G. Maxwell wants to eliminate retail/merchant uses and just make it a settlement network. Fork - to start SegWit and fork to start LN. Those a really cool systems - go do your fucking fork. But leave Bitcoin alone. Bitcoin anticipated big blocks from the beginning. Put the blocksize limit at 8MB. Then, anyone like GMaxwell who gets a bright idea about starting a really cool cryptocurrency with a bunch of added features can just introduce that on a fork. Merchants won't care one bit. They might even love it and get on that fork. G Maxwell uniquely believes he is entitled to start his altcoin on the bitcoin blockchain and all others should go do their forks somewhere else. G Maxwell thinks because he controls commit access, that he gets to decide what is right for bitcoin. SegWit and LN are altcoins. They don't belong on the main chain. 8MB is fully accounted for in the original version of Bitcoin. |
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Thats about as much as % user votes on slushpool. https://slushpool.com/stats/25 % Don't care 31 % Bitcoin core Both will be mined as segwit afaik Wouldn't be surprised if the ratio of ppl running Bitcoin Core nodes which don't care would be even higer. Something is clear: nobody cares about Bitcoin XT, Bitcoin Classic, and now Bitcoin Unlimited. We all know that Core is the way to go if you still want to have your BTC 10 years from now. The conservative approach is the only way to guarantee the system works in the long term. The rest can keep dreaming about their amateur software that has been proven wrong a million times already. Sorry, but conservative blocksize + LN is objectively the best we got. Keep trying if you want something better, for now its what we have. That asshat GMaxwell should just go fork his altcoin if he wants silly new protocols like SegWit and LN. Why does he have to destroy the bitcoin blockchain in pushing his Blockstream owned and controlled LN? SegWit = big protocol changes = altcoin LN = big protocol changes = altcoin BU - just put the blocksize back to where it was in the beginning. Same protocol!!!! = Bitcoin!! |
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Roger Ver and Gavin Andressen seek to harm Bitcoin, Roger Ver and Gavin Andressen seek to harm stupid altcoins SegWit and LN, - that is a true fact. Why are you so incompetent? you should read more. SegWit is softfork NOT HARDFORK like Classic and Unlimited. And Lightning is upgrade for Bitcoin from best possible developers in cryptoworld. So if Ver and Andressen seek to harm Lightning they seek to harm bitcoin. Also wide known fact that Andressen work for banksters who are afraid of Bitcoin and decentralisation. I need a far more intelligent person to argue with than you. You are too boring. It gives me a headache. Please set your keyboard on fire and stop typing. You clearly are a fanboy who wants to suck Blockstream's dick and have no understanding of cryptocurrency. |
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Roger Ver and Gavin Andressen seek to harm Bitcoin, Why would you say such a dumb thing without any evidence? Why are you so jumpy? You can simply google it if you want. But of course you will not because you already know it. Just say how many ver and andressen pay you for your lie I did Google it. Google said you are a fucking worthless liar. There are no places where it says Ver is trying to harm Bitcoin. He is however tying to save Bitcoin from asshole proprietary altcoin dicks at Blockstream. How much are you paid? Why am I so jumpy?, dumbshits like you keep following those idiots. Too many people trying to turn the Bitcoin protocol into their private altcoin. |
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Roger Ver and Gavin Andressen seek to harm Bitcoin, You seek to harm Bitcoin. Why would you say such a dumb thing without any evidence? Because you are a moron. typical of Core lovers. Besides, SegWit and LN are altcoins - not bitcoin. Please stop being so confused. Core is working on altcoins. 8MB blocks is Bitcoin. Roger Ver and Gavin Andressen seek to harm stupid altcoins SegWit and LN, - that is a true fact. |
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Has this place gone to hell - or what? The posts here are ridiculous. Very low quality. Some of the poster here are complete and total morons. I think they need a filter. Everyone should take a test, if you don't exceed the threshold score, you get a little * by your name to indicate moron and then your post rights get severely limited. Maybe one post per week for morons.
We have to do something to improve the level of discussion here.
While I agree with you but the newbies who come to a new bitcoin world can't be expected to be technical and highly professional from day one and anyone being called moron in a community won't be using the currency and hence a downfall. If you quit using a remarkable and useful currency merely because someone calls you a moron, then you are a moron. You are a moron and you deserved to be called one. Now go away. |
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negotiation and realignment of group is going on, It is dead. People don't want it. You can pour sugar on it all day long - it aint gonna get better. It was made to enable that piece of shit LN which is nothing more than an alt coin scam by Blockstream. |
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Has this place gone to hell - or what? The posts here are ridiculous. Very low quality. Some of the poster here are complete and total morons. I think they need a filter. Everyone should take a test, if you don't exceed the threshold score, you get a little * by your name to indicate moron and then your post rights get severely limited. Maybe one post per week for morons.
We have to do something to improve the level of discussion here.
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Well with my limited knowledge, I think SegWit is a good thing, I've upgraded my node to 0.13.2, and I block classic and unlimited nodes. Do I need to do anything else?
Now, you need to go jump off a bridge. Your knowledge is very limited indeed. But like most people with limited knowledge, you've come to love SegWit. So if SegWit doesn't get adopted, what are the chances of someone starting another coin that does include all the advantages of SegWit?
There are no advantages of SegWit. It primary purpose is to enable Lightning so Blockstream can charge fees to onramp that bullshit unneeded system. |
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he is on record claiming its ok turning bitcoin into paypal 2.0 if that is the result of getting a blocksize thats big enough to guarantee fast cheap onchain transactions.
did you even read the article and calmly understand the context.
he said he would gladly let core have their LN (paypal2.0) if it meant core would let the community have dynamic blocks to grow bitcoins main net naturally.
meaning making LN(paypal2.0) voluntary side service bcause there would be enough room on the mainnet for both..
and not what core wants, which is
a compulsory offchain commercialised service which core want due to core restricting natural scaling of the mainnet to force people offchain.
WAKE THE HELL UPactually understand the reality of the world.
its core that want to make the commercialised offchain permissioned service. (paypal2.0 aka LN HUBs)Core/Blockstream and their people don't pay attention to such details. They just like to blindly follow their leaders into the fire and relentlessly defend them to the end. Understanding any of this is not part of their role. The whole story about large block causing centralization and the need for some very crazy changes to the entire network (that's an alt) like Lightning is only going to be bought by very blind sheep. |
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Wasn't there a thing about a year back when Classic nodes were getting DDOSed by the Core people? Has that stopped?
Core/Blockstream plays dirty. Very dirty. They will tilt the table every time. Bitcoin is the great censorship resistant system - and it is run by GMaxwell/Theymos the greatest censors of all time (not counting fucking China of course). |
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Good job Roger Ver, it looks like SegWit has absolutely no chance at all of getting anywhere near 95%. I doubt they will ever get over 50%.
SegWit is not Bitcoin. SegWit is an altcoin.
I feel it is my duty as a concerned citizen and valuable contributor of the Bitcoin community to declare SegWit dead on arrival.
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Forget it Frankie - that negroloid is a well known shill for BlockCore. He is moronic in all his arguments. You can't feed logic bombs to morons.
Carlton is a fucking cheerleader who sucks Core's dicks every night.
agreed to both statements.. but my messages usually point at one person but the context is usually aimed at helping a broader audience learn something at the same time. if i wanted to reply to only the person i quote in, id do it in PM Amen to that brother. I am helping a broader audience learn that Carlton is a punk-assed negro. |
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those wishing to increase the blocksize are not suggesting ridiculous sizes
infact if a node cant handle it they wont flag desire for it. meaning it wont activate consensus for it.. thus it will only grow at a natural acceptable rate. so eat that logic bomb, Forget it Frankie - that negroloid is a well known shill for BlockCore. He is moronic in all his arguments. You can't feed logic bombs to morons. Carlton is a fucking cheerleader who sucks Core's dicks every night. |
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Who here on Bitcointalk has the MOST bitcoin? I have far more than you will ever have. |
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Are you kidding? FBI has been doing it for a long time now. Very easy to do. Very hard to undo.
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Slush is a jew and he fares well so far  dont know what sploondies is Sploonies is a jew company that are royal shit for producing dumb ass product. Way too much heavy duty long lasting parts - all to be thrown in the trash as out of date after 18 months. No need to use a 5 year power supply on a device to be discarded in 1.5 years. So, they went broke. But, it is not just that the Chinese know how to make good equipment cheap, they also know how to steal electricity very cleverly and fill the air with pollutants for all their neighbors to breath. Fucking up the Earth no problem for Chinese. |
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blah
Fools and their fancy math theories. You'll have your proofs once I take your bitcoin. It is 'mathematically impossible' (1/64,000,000) to win the lottery too, yet someone does it every week. |
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Private keys are random points of an elliptic curve, there are about 2^256 of them. Publlic keys are also points on a curve, they generated from private keys using a complicated (bijective?) elliptic curve based function, there are also about 2^256 of them. Addresses are generated by hashing the private key, there are about 2^160 of them. Therefore, there are about 2^(256-160)=2^96 keys per address. If you search keys randomly for one containing bitcoin (the hard part, but RawDog apparentlly has a quantum computer running Grover's algorithm in his basement...and probably a nuclear reactor to provide power), if you find one, it is very likely to be a different one than the one that was originaly used. Therefore, RawDog can offer to return the coins in exchange for the orginal key, and publish both keys to prove the hash collision. However, that would not prove that RawDog found a preimage, and collisions in hash160 actually do not actually impact the security of bitcoin if used properly because a preimage is needed to steal coins from an existing address. In fact, it only takes about 2^80 time to find a hash160 collision, this can is barely in the realm of classical computing (as far as I know, it also requires 2^80 space, which is quite impractical, but there may be a time-space tradeoff I don't know about). The simplest way to prove a preimage is to find something that hashes to 0000 0000 0000 0000 0000 0000 0000 0000 0000 0000, then publish it. So RawDog, if you want to convince people of the existance of your super-fast quantum computer, set it to work on finding a preimage to the zero string, and collect the 56.80944011 BTC on it: https://blockchain.info/es/address/1111111111111111111114oLvT2Your dumb fucking idea relates to finding the key to 1 specific address. I am looking for the key to any of millions addresses that have bitcoin stored on them. So, my problem is much, much, much easier than your stupid problem. That is why it is possible to find some bitcoin on an address - because I am not trying to find the key to just one single address. Fucking stupid people piss me off. |
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