in its Forbes paper, Laura Shin says:
-bitcoin is a public blockchain, it is the internet ;
-ethereum is a private blockchain, something like an intranet.
do you agree ?
another analogy maybe bitcoin is decentralized ethereum is centralized is that right |
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What's the latest development on this?
the post before |
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Flux brings decentralized political party to Australia using bitcoin https://voteflux.org/and here comes the decentralization of monopolies which are already falling and tumbling in the face of technology |
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I know this isn't really the place for it, but can anybody explain this DAO thing to me in simple terms? I feel like the odds of it being a technobabble hype to obfuscate things (a lousy investment) are too high for me to put in the effort to figure it out. But I could be wrong. If the subject is deemed too off-topic, I ll delete this post.
https://bitcointalk.org/index.php?topic=428589.0;topicseenput your question on this thread, better chance of an answer your looking for, i hope this might help too https://daowiki.atlassian.net/wiki/ |
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sideways movement for a few more months, probably. attacks on bitcoin, in a bitcoin forum, very suspicious user accounts. defending one self against accusations, defensive as its true? are these actions that move markets, unable to determine. |
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Here's my uneducated opinion on SegWit:
It's better than nothing. It seems like a poor design idea to make such a complicated alteration of the protocol, but it aids scaling. Seems riskier than changing a 1 to a 2, but if it works on TestNet, I'll play along. I do not oppose SegWit and welcome it, despite it being a very poor substitute for bigger blocks.
If there is a rough consensus attack ongoing, it means the bad guys wants us to squabble over how to scale so much that we don't scale. They will support one side only until it looks like it's going to win and then support the other side. Even if there is not a rough consensus PsyOp, the effect is the same if we can't compromise.
I don't hate Core. I am not married to Classic. I want a scaling solution. I'm not naive enough to think I'll get everything I want.
Should SegWit be a hard fork or a soft fork? I prefer a hard fork but I don't really care.
Should we have SegWit or 2 MB? I prefer 2MB but I don't really care.
Should we have 2MB once and see what happens or a 2-4-8 schedule? I prefer the latter, but don't care.
Should we run upgraded Core or Classic? I prefer Classic but don't really care.
Just end this crap. If we can do this, I'll close my short and help pump. If there is no solution in place and the market keeps pumping anyway, My short will blow up and I'll start liquidating my cold storage.
Just Merkle Tree it |
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i need to read up on segwit. i've been totally out of touch, bitcoin wise, for ages.
Bitcoin died again, twice in the last 6 months brings the total times bitcoin has died to about 93 |
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bitcoin doing what it does best rocking the financial world since 2009 |
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 "Deep down in places you don't talk about at parties, Cryptsy simply went over that wall." The CEA is not applicable to Cryptsy. FinCEN regulations would require fiat funds for customers to be segregated. However, digital currencies are unlikely to be treated in the same manner. https://bitcoinmagazine.com/articles/fincen-bitcoin-users-not-regulated-exchanges-are-1363675774The paper starts off delineating a clear definition of what virtual currency is: “FinCEN’s regulations define currency (also referred to as “real” currency) as “the coin and paper money of the United States or of any other country that is designated as legal tender and that [ii] circulates and [iii] is customarily used and accepted as a medium of exchange in the country of issuance. ” In contrast to real currency, “virtual” currency is a medium of exchange that operates like a currency in some environments, but does not have all the attributes of real currency. In particular, virtual currency does not have legal tender status in any jurisdiction.” It then breaks digital currencies down into three forms: e-currencies and e-precious metals, centralized digital currencies and decentralized digital currencies. Although the document does not explicity define an e-currency and what differentiates it from any other virtual currency, a footnote makes the likely intended meaning clear: “Typically, this involves the broker or dealer electronically distributing digital certificates of ownership of real currencies or precious metals, with the digital certificate being the virtual currency.” That is, e-currencies are essentially certificates for what FINCEN calls “real” currencies – that is, currencies that are, somewhere in the world, legal tender. Centralized virtual currencies are digital currencies that have a “centralized repository”; this is likely intended as a catch-all term for any virtual currencies which are not simply tokens for “real” currency or precious metals but rather a currency in their own right, Second Life’s Linden dollars is perhaps the existing canonical example, although a hypothetical Bitcoin-like unbacked currency backed by a central repository would also fall into the scope. Finally, there are decentralized digital currencies. A decentralized digital currency is one “(1) that has no central repository and no single administrator , and (2) that persons may obtain by their own computing or manufacturing effort” – Bitcoin being right in the crosshairs. Interestingly, Ripple fits one half of the definition but not the other – although Ripple itself is decentralized, or at least will be once the server is released, all 100 billion XRP that will ever exist have already been created. If Ripple succeeds, perhaps FINCEN will be forced to release yet another clarifying guidance paper in two years’ time. I'm such a fuckin' idiot! I mistaken Cryptsy accepting and remitting fiat for blueberries.you must have cabin fever |
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Checked weather forecast, it said -11C. When I got there it was -32C. I didn't notice before the metal in the car started making popping sounds. Weird stuff starts happening at that temperature.
I've noticed that -32C is the temperature at which the engine oil in my generator freezes solid at my place up the bush. That's when I'm glad I switched to a Honda EU2000i. It's light enough to carry it inside and warm it with the woodstove until it will turn over. That's why most people who live in the country use a block heater. It also seems to be the temperature at which the trees start to make cracking noises. I wouldn't want to live in the tropics though. I like how fresh, clean and healthy everything is in the spring. 4 seasons rock. opposite temperature in Perth Australia, and weird stuff starts happening at high temperatures   |
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thanks for the update as already mentioned bitcoin has died 93 times already https://99bitcoins.com/obituary-stats/check it bitcoin certainly knows how to resurrect itself wait maybe this one is for real lets check steady price around 380 billions of dollars being invested in blockchain technology, including bitcoin plenty of buy walls great opportunity if the price drops to short your bitcoin, or invest think I will stay with this scammy bitcoin other than the global market being pumped and dumped and full of scams |
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after some time reading this thread i would say most people are pissed but
see "Big Vern" more like the little "me" of Marky Kay aka "Mark Karpelès"
The MtGox case showed it will take years to solved this. invest your time in more constructive things instead of creating virtual voodoo dolls of little vern
Life is short (try to) enjoy every minute of it, as it could be over before you know it ........
Crypto is about "changing the world as we know it" but we have to overcome the greed and this will take some time
so we just shrug it off and get on with it? Come on!! That will encourage more people to do the same. He needs tracking down and putting in jail. Not for us to all start praying for his soul and forgiving him. We never forget... an all that. Here Here never give up, never surrender, activate the omega 13 https://www.youtube.com/watch?v=9fdcIwHKd_s |
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so much instability lets see how it does affect markets |
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I dont get it
Karpeles, Vernon, MacPherson
Asked the community to track these hackers and have been found to be corrupt by said community
1) This online community has gathered evidence against them
2) As with Karpeles - Jail is next
3) Once they are out do you think the online community will stop investigating where they are - no
4) The inevitable end, suicide or revenge by a member with nothing to lose
for the rest of their lives they will be looking over their shoulder, what a nightmare
It is so hard to comprehend, only understanding how incredibly stupid they are brings any realization to the stupidity undertaken
I am not stupid enough to take this action, as then I would be the one incarcerated as well.
I am intelligent enough to understand that someone out there will be looking for revenge, simple mathematics
all i can hope for is my measly altcoin wallets to be opened up and returned
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Bitcoin is in a nice state right now. I hope to see some higher prices in the near future.
It will surely be a good investment, atleast that's what I think.
I agree in australia there is a democratic party using bitcoin as a voting system https://voteflux.org/luvin it the many ways in which bitcoin can be used |
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