I'm sad to say I agree. I really like Bryce and find him to be a very interesting, knowledgable character, but his communication with the community has been flaky and his non-delivery of new wallets after the fork was a huge disappointment. I felt betrayed, quite honestly. I really like him as a person (i don't follow crypto drama that much, so i can't comment on his other projects) and would love for him to stay in the community, but he should not be "lead dev" or credited in our promo/copy.
Sure no problem with him being "a dev" but "lead dev" (whatever that means) isn't to the advantage of the coin. |
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I'm with you BitcoinNational, I've been thinking these things since the beginning of UNO, but it sure is taking people a long time to even read into UNO or find interest in it. This is what needs better advertising in the community, I just don't know how. Unfortunately this last year or so it's also had an unfair stigma against it just because of BW in some people's minds. I said a couple weeks ago, Horus, one of the Cryptsy admins tried to get the coin delisted just because he thought it was BW's coin! I explained to him that it was not, and I'd ask to have his name removed from the website altogether.
That whole ordeal is just unfortunate, but moving forward, I guess either through the test of time, or through "applying" to be accepted through more vendors and whatnot we need to get people informed on what absolute low inflation can do for a coin, and why it can be a great place to hedge a bit of your money.
Yes, BW's reputation is hurting the coin certainly. I think him doing sloppy work for free isn't a benefit that does outweigh the downsides of his bad reputation being projected onto this community. An emancipation from BW would certainly help the price. I have no idea why this didn't happen already. Take down that damn name from the OP and the website or we're going nowhere! He's a PR-fiasco and that won't change because he suffers from insanity and it's not going away. He really can't be lead dev of Uno if you want it to be a raging success. I have heard of too many people selling and too many others not buying ONLY because of his name. Wake up to it already. I would like to talk more about Uno to people but whenever i mention it the first thing that comes up is BW. Bad, bad PR. Let's not have a huge discussion about it. Just do it. |
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Just had some good reading at http://www.seedsforchange.org.uk/consensus"Consensus decision making is a creative and dynamic way of reaching agreement between all members of a group. Instead of simply voting for an item and having the majority of the group getting their way, a group using consensus is committed to finding solutions that everyone actively supports, or at least can live with. This ensures that all opinions, ideas and concerns are taken into account. Through listening closely to each other, the group aims to come up with proposals that work for everyone. Consensus is neither compromise nor unanimity - it aims to go further by weaving together everyone's best ideas and key concerns - a process that often results in surprising and creative solutions, inspiring both the individual and the group as whole. Consensus can work in all types of settings - small groups, local communities, businesses, even whole nations and territories. The exact process may differ depending on the size of the group and other factors, but the basic principles are the same. " great post. But consensus only works in groups that have consensus to consensus. If you have rogue players like Gavin who try to undermine the consensus you have some problems. People would need to exclude anyone from the group first who does not respect the consensus principle. So, yes, it can work quite good and produce really good decisions but not as long as Gavinhearn still getting attention. |
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So just another magnificent pre-sale experience? This is never getting old, or is it?
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If you guys have problems with bitcoin you should go for an altcoin ... wait, you do that already.
No, seriously. Instead of bitching create a new genesisblock and fork off. Could be done immediately. There are even coins launched with bigger blocks already. Go buy them.
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Best fomo sentence: "Buy bitcoin quick so you can get Gavincoin PLUS Bitcoin later. Don't miss out on that one!"
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Some people kept spamming the close position button (which is a terrible way to exit a trade in the first place, nevermind during high volatility but whatever) and bitfinex's engine fucked up and ended up selling and then buying and selling and buying the amount of their original position over and over.
Is this a fact that their trade engine has messed up or is this just someone's theory. If it's a fact, can I get a link with the proof please? This would explain though why no other exchange has followed Bitfinex. But one panicky seller would also explain why the other exchanges didn't react. This has created huge arbitrage opportunities across the exchanges and has sent the price upwards. it's not cuz their engine. The engine is what people complain about cuz they think because of that they lost money. No, before the crash a large buywall was dumped in and the book was very thin and someone dumpd on that which caused a cascade. The crash is legitimate and not bitfinex fault. Their bad engine in such situations just starts to make trouble but doesn't cause them of course. The market is thin/illiquid , that's what causes it. |
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BITCOIN Target Point is 50-70.
SELL NOW
If we break 200$ it's quite possible. |
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The recent fork in BTC has made me wonder what is the best altcoin that is set up to handle lots of transactions should it become popular?
Please checkout DigiByte. Block times are 30 seconds and with the upcoming DigiSpeed hardfork we are planning to match Visa's average TPS. Here is a video explaining more: https://www.youtube.com/watch?v=-haCDqhaTqcWe also would warmly welcome you into the DigiByte community here: https://bitcointalk.org/index.php?topic=408268.0i've been told VISANET can handles a holiday peak of 30,000/sec and the ave. is 3000/sec their website PR is higher than reality By delivering on that promise day after day, year after year, we have grown our network to 2.3 billion cards, 36 million merchants and 14,300 financial institutions. What makes all this possible is our global network, our relentless investment in innovation and our dedicated people.
VisaNet
Over the last four decades, we've built one of the world's only real-time global networks – VisaNet – capable of authorizing, clearing and settling more than 56,000 transaction messages per second and fully operational 99.99999 percent of the time. if DGB can handle 2000 TPS then good enough ... srsly I doubt any single crypto to hit the visa benchmark for many reasons but the multialgos are likely the best canidates for heavy traffic networks the only barrier is raising the capital for dev staffing and marketing *VisaNet is 10k employees **BTC is 10 employees I think none of the coins need visa-level capacity. All these coins together surely already have that. If people demand txs, they will get txs. We aren't running out of blockchains that's for sure. |
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The recent fork in BTC has made me wonder what is the best altcoin that is set up to handle lots of transactions should it become popular?
Unobtanium, no doubt. Very small and clean chain due to low numbers (not even 1GB after 2 years running), Can you explain what you mean? I mean: Today the blockchain of Uno takes up 586 MB on my HD, which is half a GB. The coin was launched in the end of 2013. So that's worth 2 years of txs. Half a GB. I think that's very efficient. How come it is so? Because of low and even numbers. Uno has max coins 250.000 (250k) For ever 1 Uno, 80 Bitcoin exist. It's Bitcoin 80 to 1 Reward for blocks started with one coin per block and is halving down approximately every 206 days (1 -> 0.5 -> 0.25 -> 0.125 and so on). That means it'slow numbers of inputs with less digits. Look at doge chain for example. It's huge. Why? Because of the high numbers. Storing the number "1000000000" takes up more space than storing the number "1" - if that makes sense to you? |
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Unobtanium, no doubt. Very small and clean chain due to low numbers (not even 1GB after 2 years running), secure network and 3 minute blocks does three times or more what btc does in tps - and faster - and less inflationary. I'm asking myself since ages why people don't switch to it and instead go through the pain with the bitcoin halving and high inflation. It's basically a faster bitcoin with lower max coins and less inflation. Unobtanium is Bitcoin on steroids. Also miners would need to go somewhere with their hardware and Uno is second strongest sha-network after btc.
Alternative Primecoin runs like clockwork. Fast, reliable, very good coin to sink money into. Never hardforked to my knowledge. Backed by botnet power - these lights don't go out.
Both coins huge unrealized potential imo - and i have looked at a lot of coins, man. All the rest is fucking crap for being a store of value (which is, i think one of the main purposes of a currency).
Also people have to go somewhere immediately in case btc fails, not in 2 or 3 years. We don't have time to wait for promises or new coins. We have to take what's on the market now when btc fails. I think the crypto-landscape could be much more interesting again for speculators after a bitcoin fail. Overall marketcap probably will drop to the floor for a little while but later we'll see healthy competition and good pumps i'm sure.
Altcoins need to step up their game.
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the fundamental threat to bitcoin is having 1.5MB worht of TX every 10mins, and only being able to clear 1MB, creating a backlog of 1MB every 20mins.
XT is a solution to this problem
i wish there was a less drastic alternative, but there isn't.
You still don't get that txs aren't like stupid shit clogging a pipe. If blocks are full fees rise and the first thing to go off chain is spam and micro-gambling. If fees are way too high (they won't be cuz of free market effects - fees will be exactly what people are ready to pay to use btc instead of a substitute) people would use alts to transact. So your backlog story will NEVER happen. This backlog-nonsense is pro-Gavincoin fearmongering. ok your right there wont be a backlog because no one will use bitcoin to do TX because its become to expensive. your talk is shallow |
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The quickest solution is if the community could start expressing the real consensus which is: "go home, Gavin and Mike"
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Get ready for cheap Bitcoin. Make sure to be still liquid when/if we hit double digits.
Uno should be able to survive a collapse of BTC imo thanks to strong holders and low inflation.
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OK - so that thing about blocksize is now over. XT nodes leveled off and are now starting to actually go down. High of 891 and now down to 870. All they got was 800 and some change. Not even 1/6 of the network.
Very poor showing.
Let's all get back to work now.
Real xt nodes are not more than 200. The rest is fake ones. |
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the fundamental threat to bitcoin is having 1.5MB worht of TX every 10mins, and only being able to clear 1MB, creating a backlog of 1MB every 20mins.
XT is a solution to this problem
i wish there was a less drastic alternative, but there isn't.
You still don't get that txs aren't like stupid shit clogging a pipe. If blocks are full fees rise and the first thing to go off chain is spam and micro-gambling. If fees are way too high (they won't be cuz of free market effects - fees will be exactly what people are ready to pay to use btc instead of a substitute) people would use alts to transact. So your backlog story will NEVER happen. This backlog-nonsense is pro-Gavincoin fearmongering and a really, really stupid argument. |
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" "loyale" und "abtrünnige" Bitcoins "gut und böse - das ende und der anfang....naja Journalisten eben. Egal wie es ausgeht, bitcoin wird es überleben. ich unterstütze alles was größere blöcke mit sich bringt und das ist bisher leider nur XT. vielleicht kommen die core devs mal zur vernunft und ringen sich zu unglaublichen 4-5 MB durch...  Scheisse, nichtmal in der deutschen Sektion biste sicher vor diesem pro-xt Kruppzeug. |
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I came up with an intelligent solution:
just make an update which scans the last 2000 blocks mined for their size and if those blocks were on average more than 80% or 90% full the network could automatically produce blocks 0.1 MB bigger. So whenever for a long time the blocks are full or near full an automatic increase by a very small step like 0.1 MB or less could be done by the network. Ideally the increase is a little slower than the build-up of fees to keep the chain secure.
I think this proposal from a non-coder is a lot better than that bullshit Gavin produces. Opinions?
Code devs can feel free to use my idea like it was their own.
Increasing blocks from 1MB to 8MB in a single step without market-demand for this blockspace or consensus is the idea of a moron, clearly.
If blocks should be bigger, they should be bigger because of demand and not because some moron says so.
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The recent fork in BTC has made me wonder what is the best altcoin that is set up to handle lots of transactions should it become popular?
Unobtanium, no doubt. Very small and clean chain due to low numbers (not even 1GB after 2 years running), secure network and 3 minute blocks does three times or more what btc does in tps - and faster - and less inflationary. I'm asking myself since ages why people don't switch to it. It's basically a faster bitcoin with lower max coins and less inflation. Unobtanium is Bitcoin on steroids. Alternative Primecoin runs like clockwork. Fast, reliable, very good coin to sink money into. Never hardforked to my knowledge. Backed by botnet power - these lights don't go out. Both coins huge unrealized potential imo - and i have looked at a lot of coins, man. All the rest is fucking crap. |
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@OP
coinmarketcap has a thread on the forum. Write to OP of that thread, he'll add the stars
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