Bitcoin-XT is not a re-implementation, it's a patch on top of Bitcoin Core that adds two features, double-spend relaying (which can be flagged for inspection) and the BIP64 getutxos message (which he needs for Lighthouse). The reason XT exists is because Mike Hearn can't get BIP64 implementation merged into Core ( https://github.com/bitcoin/bitcoin/pull/4351). Gavin happened to be for putting BIP 64 in, so moving forward if this happened, Bitcoin-XT would be a proper fork based on the actual Core codebase, simply with these two differences plus the blocksize changes. The fact that moving to XT is considered a viable option might suggest that there is a much larger "turf war" going on here since at least the middle of 2014. Thanks! Indeed there seems to be more going on than a simple technical disagreement. I won t say that Gavin's proposal is the best one, but at least I understand his position: "with 1 MB blocks the network is close to saturation and will not handle the volume that we would like to see, so let's make the blocks bigger". The thinking of his opponents (who include Peter Todd, Gregg Maxwell, and Luke Dash Jr.) seems less clear: they say that they are worried about the consequences of bigger blocks, but they have no alternative proposal to deal with impending congestion, and seem to want to see the network saturate. Someone on reddit pointed out that most or all of those big opponents work for Blockstream, the company that was supposed to develop sidechains and is now working on a thing called the Lightning Network, Those are projects that would provide fast bitcoin transactions and other bitcoin services (such as micropayment channels) outside the blockchain. That could be a reason for wanting the network to saturate. However, Greg says that they were opposed to big blocks well before creating Blockstram. Someone else suggested that they may want to see the network saturate so that big non-payment users like NASDAQ and Factom are forced to pay huge fees, like $50 on a 1000 satoshi transaction. That would push common users out of the system and turn bitcoin into a tool for big corporations only. (Peter Todd does not miss a chance to mention that he is "talking to Big Banks".) Sounds like the FUD that only JorgeStolfi would write.  Anyway, last Friday night a handful of reddit users set out, without much planning, to try to saturate the network with small transactions. In the course of 2 hours (23:00 to 01:00 UTC) they put out maybe 30'000 transaction requests. The queues at the nodes got over the 20'000 mark and the backlog took 8 hours to clear. It is not clear what fees the guys paid, but they did not put much money into it. Yet Luke Jr claims that the test only showed that 1 MB is fine. Boh. Perhaps the real fear is how the system will react to an intentional hard fork, that is not mandated by a bug... good info, cheers guys  |
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I sold everything. Hope to buy back cheaper, when this whole core / xt-thing blows over.
Gavin's plan (as I understood from his posts) is to deploy a large-block version of the software now, but the change would be programmed so as to allow 20 MB blocks only starting in Q4/2016. That way, hopefully most everybody will have time to upgrade to the new version and adapt their own programs to allow for 20 MB blocks -- including the major exchanges and services, and most miners. If that happens, the critical date will pass without a ripple for those who have upgraded. For the laggards and rebels still using the old version at that time, they will find that they cannot use the exchanges and services, or maybe even move their coins; until they upgrade too. im a bit confused with this bitcoinxt stuff, is it another coin? why do we really need it? if its a fork, then we could have 2 chains of btc? is gavin an ass? how many coins have more than 1mb size? thanks |
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Soon exchanges will need a license and users may need to pay membership fee. Insurance could become available on coin storage. This will happen across all exchanges. Once things settle we will see the biggest pumps we have ever seen as this will be real big corporations/banks buying for themselves, this is when the exchange regulation becomes real important because when you try to sell btc for $5k each the taxman will be expecting his share. and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today  damn i love how things are falling into place so fast. https://www.circle.com/en |
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Soon exchanges will need a license and users may need to pay membership fee. Insurance could become available on coin storage. This will happen across all exchanges. Once things settle we will see the biggest pumps we have ever seen as this will be real big corporations/banks buying for themselves, this is when the exchange regulation becomes real important because when you try to sell btc for $5k each the taxman will be expecting his share. and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today damn i love how things are falling into place so fast. https://www.circle.com/en |
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and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today damn i love how things are falling into place so fast. |
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and we have it....REGULATED.. INSURED....EXCHANGE, i just got this message from circle, Free insurance covering the full balance of customer funds in the unlikely event bitcoin is lost or stolen from a breach of digital or physical data storage at Circle. Instant access to at least $100 in bitcoin. Snap a picture of your debit or credit card to link to your cards, or login to your online bank account to link your bank for free deposits and withdrawals. download app today |
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same volume of sales listed on dark market sites.
That's listings volume. Not sales. Huge difference. It may be just the number of listings, not even considering quantity of each item. Is there an estimate of the sales volume (USD/year or equivalent) of those dark markets? The complaint published when Ulbricht was arrested included information the FBI gained from a system image of the Silk Road server collected on 23 July 2013.[citation needed] It noted that, "From February 6, 2011 to July 23, 2013 there were approximately 1,229,465 transactions completed on the site. The total revenue generated from these sales was 9,519,664 Bitcoins, and the total commissions collected by Silk Road from the sales amounted to 614,305 Bitcoins. These figures are equivalent to roughly $1.2 billion in revenue and $79.8 million in commissions, at current Bitcoin exchange rates...", according to the September 2013 complaint, and involved 146,946 buyers and 3,877 vendors.[12] According to information users provided upon registering, 30 percent were from the United States, 27 percent chose to be "undeclared," and beyond that, in descending order of prevalence: the United Kingdom, Australia, Germany, Canada, Sweden, France, Russia, Italy, and the Netherlands. During the 60-day period from 24 May to 23 July, there were 1,217,218 messages sent over Silk Road's private messaging system.[12] Not really sure but its def in the tens of billions per year. Also there is a bigger shadow economy operating on the darkweb, worth hundreds of billions, the users include, big pharma corps/politicians/businessmen/bankers and lords of war. They turnover more than the world economy every year. Alot tried using BTC but now that they know they can be traced easily they are looking at other types of crypto.  |
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$6001  |
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Hello folks, I reached out to the dogepartychain.io creators over at coindaddy.io I'm waiting for a response to see how much it would be to implement a BLUR webwallet or at least BLUR chain explorer. if the community members who were working towards a webwallet or more user friendly BLUR interface could check in with progress report on slack that'd be great. I know a bunch of people got into BLUR as a speculative burn of their cravecoins. It would be nice to build up some infrastructure and training materials for it. When ICM releases the next feature set of multisig (and?) markets, the Crave price rise should allow anyone with a good heart thats making good returns to toss in a few bucks towards a crowdund opportunity. Will let you guys know when coindaddy.io or anyone else interested in working with us for a BLUR explorer and (web)wallet replies with pricing.
nice work m8, any update? |
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its coming....cravers, traders and fudders...get in this week if you wanna party,  |
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got my aaaseeeds today,lol tried a little bit. getting prepared for big... btw ill do this one off, i got a message on the blower earlier...tron/sdc/grid/pot this week she said  dont be greedy, they wont pump like crave did and is going to...  *sdc looks shaky I think your friends should not waste time and money on sdc. I read on another thread that someone found an exploit in shadowtrash. Hundreds of thousands of ghostcoins are being dumped in buy orders for weeks. yeap i think your right, watch sdc dumping within a week  |
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wow mr-staker-itis,lol 4 rewards per hour (0.333) for last few hours, average 3 rewards per hour wow,lol |
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Anti-Phishing Working Group's (APWG) eCrime 2015 event on Tuesday were warned by a panel of cryptocurrency experts that research in the sector is lagging behind criminal practice. "Like cheques, drafts and wires, [bitcoin] is now part of the panoply of payment mechanisms ( ), part of normal commerce. We have a responsibility to follow normal commerce and its abuse. Our role as stakeholders is to manage that abuse – we owe it to that community." http://www.coindesk.com/new-frontier-of-bitcoin-cybercrime-explored-at-barcelona-event/guys things are heating up |
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In order to accelerate retail banking innovation and simplify payments, the European Commission is mandating standardized API access across the EU. The initiative is part of the European Commission’s Directive on Payment Services (PSD), which aims at “establishing a modern and comprehensive set of rules applicable to all payment services in the European Union.” European Banking Authority Emphasizes Promise of Distributed Ledgers The proposal includes a revision to the Directive on Payment Services (PSD2) called Access to the Account (XSA2), which would require banks to provide standardized API access to third parties under the auspices of the European Banking Authority (EBA) by 2016. As we’ve discussed in the past, creating standards, clear rulesets, and opening access to systems is a boon for innovation and ultimately the consumer. As the European Commission noted, having the same rules across Europe and transparent payment systems results in “faster payments, better consumer protection, and a wider choice of services.” The European Union’s Mission to Transform Payments These changes essentially open up traditional incumbents to outside competition by allowing any regulated entity access to accounts. But even without this new legislation, many banks are already moving toward this direction. French bank AXA, for instance, has already opened up its platform to third-party integration. Fidor, which announced that plans to integrate Ripple last year, is another long time supporter of open APIs. https://ripple.com/blog/european-commission-proposal-open-banking-by-2016/ |
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smash that 0.00061551 order so he cant manipulate our price just got 633 from bastard i took the 96+ 480 jus b4 u,lol..not pumpin just now...but btc is on the way for that bargain ,lol |
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LMAO These guys are gonna pull the biggest exit scam ever. -Shenanigans that look like insiders wanting to GTFO of the exchange as fast as possible: check -Big price premium: check -Withdrawals delays: check -Anon owners: check Get out of that shitty exchange now. spot on m8 id add, they have a really old set up and if a forum like bitcointalk can cost $1.5mill for upgrades and security, how much would it cost btce? Coinbase and many other exchanges have recieved VC funding and followed the regulation path. Btce has aged badly, its prob easier for them to sell/close/run off than to upgrade and regulate. Serious amount of FUD and bearish bias on here. The age of White Bitcoin and Black Bitcoin is approaching fast. Which side will you pick... *puts on pirate hat* Arghhhhhhh!!!! i agree lol |
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LMAO These guys are gonna pull the biggest exit scam ever. -Shenanigans that look like insiders wanting to GTFO of the exchange as fast as possible: check -Big price premium: check -Withdrawals delays: check -Anon owners: check Get out of that shitty exchange now. spot on m8 id add, they have a really old set up and if a forum like bitcointalk can cost $1.5mill for upgrades and security, how much would it cost btce? Coinbase and many other exchanges have recieved VC funding and followed the regulation path. Btce has aged badly, its prob easier for them to sell/close/run off than to upgrade and regulate. Serious amount of FUD and bearish bias on here. im actually bullish on btc..just need to wait till regulation goes through...then watch the money come in big big time. |
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