girl can always say she met a talking lizard |
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Well has anyone set anything up yet to see if you can download this blockstream blockchain via satellite setup of any flavor?
I should do such but have no frigging time as of late
https://twitter.com/notgrubles |
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the witness data put it over? my older nodes show ~960k |
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ugh foreplay is so tedious. just buy her coins duh - she'll blow her top
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this Ronnie Moas dude (no relation)
tl;dr hyper-bullish case $3.8M per btc
most amusing. lolled most accurate. confirmed |
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well reddit is unusually unpleasant at the mo but there's this BLOCKSTREAM VOLCANO LAIR - Blockstream Core, masterminds behind SEGWIT, today released their reaction to SegWit's activation.
Blockstream CEO Adam Back said on hearing the news, "I am thrilled that our patented SegWit™ technology has been smoothly adopted. Our technology provides unprecedented business opportunities for the entire banking industry, possibly with some other fringe applications."
On the way back to NSA headquarters, Blockstream psyops engineer theymos gave a statement by phone, saying "As a long-time employee of BitMain, I am proud to have been even a small part of this grand achievement, brought to you by the great folks at the Bitcoin Foundation. While Goldman Sachs does not always get the best reputation, I think that our actions here have thoroughly proven that the Bilderberg Group is merely a normal, benevolent group of people."
Luke Dashjr, whose UASF support proved essential to SegWit's success, announced plans for a new, non-Bitcoin UASF which would softfork the decimal number system into Tonal, finally addressing the covert deciboost attack which has been ongoing for millennia.
Although his identity remains unknown, the Supreme Troll Army Commander was heard issuing a command to "execute order 141" to all troll army lieutenants.
"THE SCREAMS OF THE INNOCENT WILL ECHO THROUGH MY HALLS", said Blockstream CTO Greg Maxwell from his skull throne. He proceeded to carve "1MB" into a shrieking supplicant's flesh while laughing manically.
All in all, spirits are high and tensions low at Blockstream Core HQ, even despite the ominous timers which fill every wall, slowly but inexorably counting down to some unknown event which lead developer Wladimir will only describe as "an EARTH-SHATTERING surprise which only those who have experienced Bitcoin's TO-THE-MOON journey will be able to truly appreciate." I guess we'll just have to wait and see what's next for Bitcoin! |
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^now you're just babbling. word soup. back to kindergarten with you
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We could have 20 MB blocks and it would still be trivial to run a node at home on a single machine. Mining is at peak centralization now for one reason: ASICs. There are precious few manufacturers and they are smart enough to realize it is more profitable to just use them then to sell them. If mining hardware were more widely available there would be much less centralization. Block size is a red herring.
Of course, I'm merely guessing, but I guess you've not seen the recent work calculating the GINI coefficients regarding mining vis a vis other aspects of the ecosystem? source please. craig? Balaji Srinivasan (CEO of 21): https://news.21.co/quantifying-decentralization-e39db233c28e . There is a vid of him presenting this analysis on Youtube as well: https://www.youtube.com/watch?v=4UXT5YVJwB4 . Bottom line: mining is one of the least centralized aspects of Bitcoin. Counterintuitive, but that's his analysis, anyhoo. oh yeah thanks i guess. saw him getting the treatment on twitter when that came out. yeah, mining - maybe. |
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BTC is not exactly cheap and quick to send at the moment either. For a transaction with some inputs (976 bytes) Electrum suggested a whopping 0,0047BTC fee !
I was wondering what would happen, if I discard the standard Electrum fee with a transaction like this and instead send it with a customized small fee like 0.00005 BTC. If my transaction gets confirmed in a day or so, everything worked out. What would happen to the transaction, if the mempool hasn´t been cleared and my transaction doesn´t get confirmed? I read somewhere that it will be removed from the mempool after a few days, but what exactly happens to the sent funds and the included fee? Are both returned to the sending address? Is it necessary to accelerate the transaction (how exactly does that work?) and if I fail to do this the transaction amount + the attached fee are lost forever? that fee is probably too small you don't lose your money or fee if your tx is never confirmed https://pool.viabtc.com/tools/txaccelerator/ Too low fee: We only provide accelerator services for those with at least 0.0001BTC/KB transaction fees; google how to work out that part don't believe much else on viabtc site o one more thing q boring you have to press the submit button on that page at 1 and a half seconds before the hour! |
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We could have 20 MB blocks and it would still be trivial to run a node at home on a single machine. Mining is at peak centralization now for one reason: ASICs. There are precious few manufacturers and they are smart enough to realize it is more profitable to just use them then to sell them. If mining hardware were more widely available there would be much less centralization. Block size is a red herring.
Of course, I'm merely guessing, but I guess you've not seen the recent work calculating the GINI coefficients regarding mining vis a vis other aspects of the ecosystem? source please. craig? |
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So I watch another index of my own invention. (Granted, all y'all may be watching the same index, but may or may not have quantified it as such).
'What index', you may ask? Well, it is the bitcointalk page depth index. At the end of the day, check how many new pages of drek have been added to BCT's leading forum (Bitcoin Forum > Bitcoin > Bitcoin Discussion).
Today, I count six. Six pages of drek, mostly filled with noobs being noobish. While this is tiresome, it is also a very bullish indicator. That's about half again our usual influx of newcomers to the crypto revolution.
Tomorrow we dine upon yeast piss and aborted sturgeon progeny!
this is actually not a new idea the long term trend price of BTC is equal to the page count of this thread, so we are currently running at about .25 of the actual value...not even joking So every post is worth 5cents. Keep it going guys  (It´s not up to me anymore, i´ve contributed my 5cents for today  ) I was offered what would now be about $2 per post if I put their ad in my signature. Still not going to do it. whose ad was that? |
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He's buggered off. What was the gist? well you probably know the gist: asic efficiency has pretty much peaked, and this will lead to mining decentralisation - we are at peak centralisation also bitfury and bitmain much better at bitcoin asics than intel or amd - would take them 3-5 years to catch up he went on to be quite pro segwit2x still (49 businesses, 95% miners bla blah), but said they'd need technical help from core! i'd better not infer anything from that |
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He's buggered off. What was the gist? well you probably know the gist: asic efficiency has pretty much peaked, and this will lead to mining decentralisation - we are at peak centralisation also bitfury and bitmain much better at bitcoin asics than intel or amd - would take them 3-5 years to catch up |
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