Stop giving Roger Ver's mouthpiece squatted domain hits.

Do you support his effort to supplant Bitcoin with his chicanery? Then fucking cut it out.

You should know better.

When Bitcoin starts to rally, all the alts and shitforks suffer.

BTC +2.98%

BCash -3.00%

Typically the pumps on BCash are 2x the BTC percentage change. So right now, it should be up 6% or so -- but that relationship has decoupled.

Interesting.

Correct.

All this does is signal to everyone in the space that they're making money - so please come and compete. And they will. The other side to this is Bitmain unwittingly becomes beholden to Bitcoin in general. If they try any shennanigans, it wouldn't be too hard to get consensus to turn all of their ASICs into hot-air popcorn poppers within a few days. Imagine having to explain to investors why being a complete douchebag cost you your main source of revenue.

They may think they hold the cards, but they don't -- the users do.

I also welcome any other major firm to get involved, and from what I've been reading - I wouldn't be surprised if one of the big fab/foundry owners look at this as a new product revenue stream. The amounts being made are ridiculous.

This is a shit article.

EOS speeds are realized under perfect conditions, which as we know, don't exist in the real world. Also, it is a lab setup that won't be replicated if anyone actually bothers to use it. (So far, they aren't.)

Vitalik has called bullshit on EOS and their testing before -- https://cryptovest.com/news/vitalik-buterin-network-speed-under-test-conditions-is-misleading/ (December 2017)

EOS uses Delegated Proof-of-(mis)Stake, which has fundamental flaws -- https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2

Not to mention their scaling assumptions are quite frankly - shit - https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

Its easy for a coin to make grandiose claims, its another to weather the storm of actual usage and attempted hacks.

Don't say I didn't warn you...

EOS, ETH, BCash all share the same fundamental flawed assumptions for scaling, which will lead to their implosion.

If you're holding any of these beyond a short-term flip, I'd reconsider.

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

Oh, and if you think "sharding" is going to help ETH -- it won't.

Also, Proof-of-(mis)Stake coins have fundamental issues and flaws too -- https://medium.com/@hugonguyen/proof-of-stake-the-wrong-engineering-mindset-15e641ab65a2

Don't say I didn't warn you...

Yet another newbie asshole posting stuff from bitcoin dot com, the camped domain of Roger Ver.

Are you stupid, or you support his Bitcoin takeover attempt?

What the fuck, seriously.

Someone who looks an awful lot like Roger Ver is in the background of this picture here -- https://archive.fo/xglYC

It wouldn't surprise me if it was an attempt to claim "Centralization" in Lightning by having a massive node.

Same old con-man, same sleazy tricks.

Again another useful idiot giving Roger Ver's camped dot com domain some traffic.

Are you a promoter of his shit? I'd love to know.

"There is not the slightest indication that nuclear energy will ever be obtainable. It would mean that the atom would have to be shattered at will." - Albert Einstein, 1932

"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." - Western Union internal memo, 1876

"Rail travel at high speed is not possible because passengers, unable to breathe, would die of asphyxia." - Dr. Dionysius Lardner, 1830

"I think there is a world market for maybe five computers." - Thomas Watson, chairman of IBM, 1943

"Everyone acquainted with the subject will recognize it as a conspicuous failure." - -Henry Morton, president of the Stevens Institute of Technology, on Edison's light bulb, 1880

"The horse is here to stay but the automobile is only a novelty—a fad." - -The president of the Michigan Savings Bank advising Henry Ford's lawyer not to invest in the Ford Motor Co., 1903

The world is full of self-anointed "experts" that have no fucking idea what the future will be like.
Don't be like them, be open to new ideas and technologies.

In financial terms, Lightning transactions are secured collateral - not even "loans" in the technical sense, because you can't pledge more than you actually own to a channel.

It will most definitely change the face of finance, and in some ways it already has.

Onward and upward - Lightning reminds me of the early days of the internet, and its growing quickly.

Some people have a backbone and stand up to unscrupulous deeds, others either do nothing or provide aid.

I know what side I'm on, and it will never be with a con-man like Ver.

So ethics aside, just keep on giving him views and revenue.

Ridiculous.

This is fantastic.

Giving individual miners the tools they need to avoid centralized decision-making on what transactions they mine is excellent.

I'm sure Jihan Wu will have a few fits about this - just like covert Asicboost - but we're used to that kind of push-back from his monopolist mindset.

Cheers to Matt for devising a way to keep the users in control, not ham-fisted centrists.

Is there a reason for bitcoin dot com articles to be here at all?

All you're doing is promoting traffic to Roger Ver's site -- the same individual that is actively trying to usurp Bitcoin.

Why are you helping him?

A Banker not seeing cryptocurrency replacing money?

Not surprising.

Many people thought cars were an expensive hobbyist fad that would never gain traction, too. Never rely on a prediction from someone whose livelyhood depends on everything remaining the same.

XRP is a centralized shitcoin, and its owners have at least 63% of its float. They have at least five centralized Ripple servers -- you can run your own, but because of how its designed, no one will trust you, so they all default to the main servers/nodes anyway.

As for Bitcoin fees, there was an extensive Fan-in/Fan-out attack that was carried out during that time last year. It wasn't just transactions, there was way more going on behind the scenes. It has been speculated but not conclusively proven that the same people dragging their heels on Segwit, Roger Ver and Jihan Wu, were the primary culprits. Some transaction analysis points in that direction - and it wouldn't surprise me that the biggest Douchetarians in crypto were responsible.

But now, with Segwit and Lightning, we can put that to rest -- and Roger Ver knows it, which is why he has changed tack and has been trying to discredit the Lightning network by any means possible.

It isn't all bad, as there seems a new team is going to "stress test" BCash and potentially fork it out of existence -- make it so any "official" wallets won't work anymore -- remember, in a 51% attack, you can create new consensus rules and everyone has to play ball.

This should be happening sometime in July, and it will be quite amusing to see the fallout.

We just might hear the rage-implosion all the way from Tokyo/China.

Larimer is the same fool that co-founded Steemit, and by extension the Steem token.

Steemit is currently experiencing a slow-motion implosion because its Proof-of-Stake (delegated) structure incentivizes rampant cheating and copyright abuse to game the reward pool.

I don't even think he's active in the day-to-day operations of that platform anymore, either.

This guy just churns out shit-tokens, then steps back and takes his cut.

Once ETH "shards", its going to be over.

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

ETH, EOS, BCash... they're all making mistakes that will ensure their eventual ruin.

Be prepared, is all I'm saying.

No longer move in tandem? The fuck they don't -- http://cryptowat.ch/

Look at the line charts for the top 5 -- like a goddamn marching band, sometimes only slight differences in valleys and peaks.

I don't know where they get off saying it isn't.

ETH is undergoing a slow-motion implosion, which will accelerate once their "Sharding" is exposed as too little, too late.

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

EOS is structurally unfit -- and that drama is playing out now. Its easy for these shitcoins to make grandiose claims, its quite another to deliver on their pie-in-the-sky promises.