Bitcoin Forum
April 27, 2024, 12:57:47 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 [884] 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 ... 1463 »
17661  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 08:55:31 AM

Non-mining-related nodes don't matter.   Transactions will reach mining nodes/pools.  Non-mining nodes are only interesting for its owner, to see the block chain for himself, and verify its validity without having to trust another full node.  But full nodes that do not relate to mining don't matter in the consensus mechanism.

What does matter, are users.  They 'vote with their money' and determine market cap.


you have been sold alot of BS
1. exchanges are the nodes. if they orphan block X.. your TX in that block doesnt exist = you cant spend because they dont see it
2. if a friend is using a node and you pay that friend. if they orphan block X.. your tx in that block doesnt exist  = you cant spend because they dont see it

with each node calling out the blockheight. they all grab data from the highest block height. if that blockheight is blocks of rules that dont match
then they orphan those blocks. and end up unsynced.

the only way to sync is either change your rules to rejoin the majority.
or.
BAN the majority to not see the block height to not be endlessly clusterfu*ked to then start building on a minority that you can accept.
if you dont ban. your minority is not treated as a valid chain due to it not having the height.

its a security feature.
otherwise someone could copy the blockchain. kill off say 2 years of blockheight and then just build ontop of it.(at a healthier difficulty) and then build their own chain
but that requires not communicating with the rest of the network by banning the nodes following the highest blockheight, so that the blockheight mechanism doesnt kill off the minority due to the minority height reject mechanism.

like i said many times it involves intentionally banning nodes to not see a bigger height. otherwise orphan games begin fighting over the rules
17662  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 08:27:34 AM
You are seriously confused about this aspect.  There is no "majority hash rate consensus" between INCOMPATIBLE CHAINS.  The only thing you do with your 51% hash rate is to produce INVALID BLOCKS wrt the original protocol.  So this PoW doesn't matter, the blocks are invalid.  If you produce 1.5 MB blocks with a PoW that is more than 10 times all the PoW that ever went into bitcoin, then these blocks doesn't count because they are simply INVALID.  The old protocol simply rejects them (in the same way as if they were containing wrong signatures in the transactions).  The only valid blocks (wrt the old protocol) are those, mined with the 49% hash rate of the miners sticking to the old protocol.

But the new protocol can continue building on its own chain with bigger blocks.  

Of course, as long as BU accepts also old-protocol blocks, they need 51% of the hash rate, or the old chain (which is VALID under the new BU protocol if they don't protect themselves) will take over.  In fact, in this case, you can see the old protocol as a soft fork from the BU protocol, which can IMPOSE its will when it is majority.  In order to avoid that, BU should make the old protocol invalid too, so that ONLY BU blocks are compatible with BU.  Maybe they could flip a little-endian/big-endian convention somewhere, so that both are fully incompatible.  Otherwise, they risk at any moment to be killed by the "soft fork" of the old protocol.

Non BU blocks are still 100% compatible with BU so if BU doesn't have more than 50% of hash power, the fork will fail untless BU miners intentionally filter the non BU nodes. The only way for a fork to be successful is if the BU miners mine a block > 1 MB and have 51%+ of the hash power. Personally I'll wait until 18 blocks longer before I really consider the fork successful.

Yes, you are right (see the edit of my previous post).  This "backward compatibility" of BU with respect to the standard protocol makes that the standard protocol is a soft fork of BU.  Then they expose themselves AT ANY MOMENT to be orphaned, even 6 months later, if ever the BU fork falls beneat 51% hash rate.  Then you will get the bitcoin chain orphaned 6 months behind, because from the first >1MB onwards, the soft fork is not compatible any more, and this will be the last valid block on the chain.  Major clusterfuck !

The only safe way of making the BU hard fork, is by making it incompatible with the old protocol.  If they don't do this, and they "pull the trigger", this will be a major disaster on the chain.


YOUR FORGETTING NODES aswell as POOL
learn real consensus

also your forgetting without banning communications. the minority see the blockheight. but then orphan it because the rules dont match.
then see the blockheight.. but then orphan it because the rules dont match.
then see the blockheight.. but then orphan it because the rules dont match.
then see the blockheight.. but then orphan it because the rules dont match.
endlessly.

BU wont ban the other community nodes.. only blockstream would ban the community nodes.
and that would only happen if blockstream were minority. because the community wont trigger unless they had majority.

and thats what blockstream fears.. losing their control where by the dozen other independant node brands continue.

remember and learn consensus

The only safe way of making the BU hard consensus, is by high majority  If they don't do this, and they "pull the trigger", this will be a major disaster on the chain. with orphans. which eventually settles down to a single chain
leading to the minority either:
not syncing and just orphaning everything (dead in the water)
having to change their own protocol to match(re-joining the consensus community)
intentionally banning away from the majority to not see the higher blockheight and orphans to then build ontop of their MINORITY

FTFY
17663  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 08:16:57 AM
Well, then you ALSO create an (incompatible) alt coin.  That's what a hard fork is: to create an alt coin. 

nope.
your over using the umbrella term hard fork but not understanding the categories within the hard vs soft.
save rewriting to repeat myself
in short
soft=pools only
hard= NODES then pools
save repeating myself:
below these umbrella terms is what could happen.. in both hard and soft it can either continue as one chain. or bilateral split
softfork: consensus - >94% pools no banning/ignoring of minority. result: small 5% orphan drama then one chain. minority unsynced and dead
softfork: controversial - >50% pools no banning/ignoring of minority. result: long big% orphan drama then one chain. minority unsynced and dead
softfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

hardfork: consensus - >94% nodes, then >94% pools no banning/ignoring of minority. result: 5% orphan drama then one chain. minority unsynced / dead
hardfork: controversial - >50% nodes, then >50% pools no banning/ignoring of minority. result: big% orphan drama then one chain. minority unsynced / dead
hardfork: bilateral split - intentionally ignoring/banning opposing rules and not including them. result: 2 chains

if only blockstream lovers stopped reading the doomsday scripts on reddit and the fake promise sales pitches.. and instead learned bitcoin especially consensus and bitcoins natural safeguard of consensus via orphans.. they would actually help themselves more and start giving real support to the community. rather than just kissing blockstream ass.

note to all blockstream loving doomsdayers
learn consensus
17664  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 08:04:37 AM
1. BU does not cause bilateral fork. LEARN CONSENSUS
Yes it does cause a split. You are mistaken.
He is mistaken, but for different reasons. BU is a unilateral split. If, after BU pulls the trigger on their hard fork, the Core chain ever overtakes the BU chain, all BU coins will be permanently destroyed and all transactions involving them will be forever invalid. Mass panic will ensue and their altcoin will be worthless. That's why Core devs are begging BU to make their fork bilateral, but they won't listen (or they pretend not to listen because they don't have the competence to implement a bilateral fork).

if BU pulls the trigger.. it would do it with majority NODE (over50%) and majority hash(over 50%)
it wont trigger without consensus.

also all that occurs is a orphan  which will inevitably and naturally find a single chain.
at a small majority (say 51-60%) just means clusterf*ck of orphan drama.
at a high majority (say 80-95%) just means less orphan drama
at superhigh majority (say 95%) just meand bearable amount of orphan drama, slightly above what happens daily anyway

just taking longer(more orphans) with lower amount of majority to get a single reliable chain

the only way to get the 2 chains to independantly survive is to intentionally ban communications with the opposition. which is what happened in ethereum

oh and emphasis on majority.. which also bursts your bubble of core overtaking lol (learn consensus please)
17665  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 07:52:38 AM
READ THE DAMN CODE. PROVE IT
Do tell me what happens when a BU blocked (not just signaling) is mined with e.g. 1.5 MB block size.

if consensus is not reached.. its orphaned. end of.. in the trash in 3 seconds. no drama no fuss

want proof of a block over 1mb
Quote
2017-01-29 06:59:12 Requesting block 000000000000000000cf208f521de0424677f7a87f2f278a1042f38d159565f5
2017-01-29 06:59:15 ERROR: AcceptBlock: bad-blk-length, size limits failed (code 16)
17666  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 07:46:53 AM
1. BU does not cause bilateral fork. LEARN CONSENSUS
Yes it does cause a split. You are mistaken.
READ THE DAMN CODE. PROVE IT

2. core want a bilateral split. they are begging for BU to aplit, but then pretend its "harming the network"
Of course, to get the altcoin away from Bitcoin.
its not an altcoin until blockstream split away.. because the rest of the community wont do it so blockstream will have to if thats blockstreams intention to get 100% control with no one else on the network but blockstream making the decisions.

BU, bitcoinj, xt, classic and a dozen others dont want to be kings. they want consensus of no kings and using CONSENSUS.. learn consensus

3. core want the split but want to play the victim card
Nonsense.
your own words are the "victim card' - pretending its BU harming the network.
Then tell the BU folk to stop trying to harm Bitcoin. Roll Eyes
when infact its blockstream wanting the split!!! wake up!!
What you are describing is what I and others call a bilateral hardfork-- where both sides reject the other.

I tried to convince the authors of BIP101 to make their proposal bilateral ... Sadly, the proposals authors were aggressively against this.

The ethereum hardfork was bilateral, probably the only thing they did right--
BU, bitcoinj, xt, classic and a dozen others dont want to be kings. they want consensus of no kings and using CONSENSUS.. learn consensus

wak up. have some coffee then use the energy you have to suck up to gmaxwell, and use it to LEARN CONSENSUS
Sure. Only if you stop taking money from your employer. Roll Eyes

im my own boss. i dont need to be paid to be awake
17667  Bitcoin / Bitcoin Discussion / Re: What happens if BU fails VS What happens if SegWit fails on: March 09, 2017, 07:36:41 AM
look at lauda.. lol

1. BU does not cause bilateral fork. LEARN CONSENSUS
2. core want a bilateral split. they are begging for BU to split, but then pretend its "harming the network" if BU did split (hypocrits)
3. core want the split but want to play the victim card
4. BU, XT, classic, bitcoinj and the others DO NOT want a bilateral split. and if you READ THE CODE you will see its USING CONSENSUS to keep things together as one network
5. to create a bilateral fork nodes have to INTENTIONALLY BAN communications from each other to prevent orphans (bitcoins natural and USEFUL safety mechanism)

What you are describing is what I and others call a bilateral hardfork-- where both sides reject the other.

I tried to convince the authors of BIP101 to make their proposal bilateral ... Sadly, the proposals authors were aggressively against this.

The ethereum hardfork was bilateral, probably the only thing they did right--

lauda please please please.
wake up. have some coffee then use the energy you have to suck up to gmaxwell, and use it to LEARN CONSENSUS
17668  Bitcoin / Bitcoin Discussion / Re: Who controls ETF? on: March 09, 2017, 05:45:37 AM
But if it does get approved, can we expect the price to go up as it would be a big step forward for bitcoin as even people without any knowledge would be able to trade it ? Right now, thats the only problem that seems for it to be widespread.

to answer this (from another topic)


ETF investors are buying shares of a companies 'stock' (collateral holding/product), not actual bitcoins(investors cannot ask for a privkey or withdraw btc from ETF).
Are you sure?
Gold ETFs allow physical delivery if you own enough. 

not part of standard ETF terms. but the specific companies terms/side services

usually what happens is that you buy out a whole "basket" to remove the collateral of the trust to then get delivered.
or the ETF shares are sold, and then real BTC are bought (behind the scenes) via a side subsidiary service that delivers.

but thats just things the COMPANY may have policy/services behind the scenes


but in short.
lets say an ETF spikes to $2000
but real btc exchanges are still $1200

why would anyone buy say 20,000 shares (20 share=1btc equiv), costing $2mill(1000btc equiv).. to use the ETF subsiduary to withdraw that btc and reduce the ETF's collateral or be sold and converted behind the scenes to 'deliver' 1000btc.

where as the investor could sell the 20,000 and then take his $2m to a proper bitcoin exchange. and then buy 1666btc.. instead of 'get delivered' 1000btc

but as someone else said


This ETF will connect some investors on Wall Street to Bitcoin. It allows greater demand, which should raise the price for everyone. The important part is that this ETF likely won't be available to just anyone, you'll probably need to be a qualified investor ($5m in net worth, $1m in investable assets).

This is why we love Bitcoin, because there is not a barrier to entry for the poor. You do not have to belong to the "Rich boy Club" to be able to trade in Bitcoin. The average Joe on the street can signup at an Bitcoin exchange and buy $10 worth of bitcoin and nobody will stop him or her from trading.

The ETF is a safe gateway to protect the rich from the volatility of Bitcoin investments.

so most ETF investors wont buy out "basket" or sell and break their retirement fund contracts to buy real bitcoins cheaper. they will stay within the  'safe harbour' of regulated ETF to meet their clients retirement contract obligations and regulations.

however. people(not as wealthy) will/could see the ETF and then privately outside of their regulated retirement contract. buy real bitcoins on real exchanges.

but the purchasing of real bitcoins on real exchanges due to an ETF is just speculation.. i personally can see a increase of the real bitcoin price due to the advertising of ETF. but how much of an increase.. pfft no one can guess to any exact realistic number the impact
17669  Bitcoin / Bitcoin Discussion / Re: 95% lol. No chance. SegWit is now dead. on: March 09, 2017, 05:09:33 AM

ETF investors are buying shares of a companies 'stock' (collateral holding/product), not actual bitcoins(investors cannot ask for a privkey or withdraw btc from ETF).
 

Are you sure?

Gold ETFs allow physical delivery if you own enough.  

not part of standard ETF terms. but the specific companies terms/side services

usually what happens is that you buy out a whole "basket" to remove the collateral of the trust to then get delivered.
or the ETF shares are sold, and then real BTC are bought (behind the scenes) via a side subsidiary service that delivers.

but thats just things the COMPANY may have policy/services behind the scenes


but in short.
lets say an ETF spikes to $2000
but real btc exchanges are still $1200

why would anyone buy say 20,000 shares (20 share=1btc equiv), costing $2mill(1000btc equiv).. to use the ETF subsiduary to withdraw that btc and reduce the ETF's collateral or be sold and converted behind the scenes to 'deliver' 1000btc.

where as the investor could sell the 20,000 and then take his $2m to a proper bitcoin exchange. and then buy 1666btc.. instead of 'get delivered' 1000btc
17670  Bitcoin / Bitcoin Discussion / Re: [POLL] Possible scaling compromise: BIP 141 + BIP 102 (Segwit + 2MB) on: March 09, 2017, 04:43:12 AM
Bitcoin already has a sigops per block limit to mitigate the risk of this attack (despite the FUD that introducing such a limit is all that's needed to solve the problem, which is pretty dumb considering that's already what happens Roll Eyes)

cores limit is not low enough

MAX_BLOCK_SIGOPS_COST = 80000;
MAX_STANDARD_TX_SIGOPS_COST = MAX_BLOCK_SIGOPS_COST/5;

who the damned F*ck should be allowed to build a single tx that uses 20% of a block!!
who the damned F*ck should be allowed to build a single tx has 16,000 sigops!!

lower the TX sigop limit to something rational and you wont have the worry of delays due to sigop validation

also. one thing CB is missing out on

Core would not because they're all convinced we must have segwit before increasing the block size to prevent a quadratic scaling sigop DDoS happening... though segwit doesn't change the sigops included in regular transactions, it only makes segwit transactions scale linearly

meaning native transaction users can still sigop SPAM.
segwit has nothing to do with disarming the whole block.. just segwit transaction users

again because carlton is not quite grasping it
though segwit doesn't change the sigops included in regular transactions,
17671  Bitcoin / Bitcoin Discussion / Re: Who controls ETF? on: March 09, 2017, 04:24:35 AM
ETF is separate to bitcoin.
ETF investors are buying shares of a companies 'stock' (collateral holding/product), not actual bitcoins(investors cannot ask for a privkey or withdraw btc from ETF).

there are many companies offering ETF's (the winklvoss twins being one of them)



yea the companies share prices can sky rocket. whereby investors realise that the companies 'collateral holding' is less than the companies speculative sky rocket price.

and thus COULD cause investors to then go and buy real bitcoins elsewhere (thus then affecting the real bitcoin price when they by on real bitcoin exchanges)

but thats all speculation
17672  Bitcoin / Bitcoin Discussion / Re: 95% lol. No chance. SegWit is now dead. on: March 09, 2017, 04:21:45 AM
Right now segwit is slowly losing importance and not completely dead. Bitcoin unlimited gaining strength, so anything could happen in the short. I expect the price concern is the big factor which now people hope is the etf

ETF is separate to bitcoin.
ETF investors are buying shares of a companies 'stock' (collateral holding/product), not actual bitcoins(investors cannot ask for a privkey or withdraw btc from ETF).

there are many companies offering ETF's (the winklvoss twins being one of them)



yea the companies share prices can sky rocket. whereby investors realise that the companies 'collateral holding' is less than the companies speculative sky rocket price.

and thus COULD cause investors to then go and buy real bitcoins elsewhere (thus then affecting the real bitcoin price when they by on real bitcoin exchanges)

but thats all speculation
17673  Bitcoin / Bitcoin Discussion / Re: 95% lol. No chance. SegWit is now dead. on: March 09, 2017, 03:57:25 AM
Good job Roger Ver, it looks like SegWit has absolutely no chance at all of getting anywhere near 95%.  I doubt they will ever get over 50%.

SegWit is not Bitcoin.  SegWit is an altcoin.  

I feel it is my duty as a concerned citizen and valuable contributor of the Bitcoin community to declare SegWit dead on arrival.  

I'm a little bit confused about this topic, In my own understanding Segwit is not good to all Bitcoin enthusiast in this industry. Because the number one will  get affect on this matter was the bitcoin community right? or the people who did mine bitcoin using mining rigs is that right? just correct me if I'm wrong,. Smiley

the 'vote' bypassed node USER consent... which is something blockstream DEVS decided on.
also its not about what individual miners choose. but what the POOL managers choose.
yes a couple pools(for individual miners) have 2 stratums to allow individual miners to hop to the stratum for or against segwit. but the real % is based on the managers of the big mining farms.

which is something blockstream DEVS decided on.

dont blame the pools, blame the devs for deciding on who should vote.



as for the end features (if segwit were functional).
segwit features do not fix the issues at activation. it requires users(at a later date) to VOLUNTARILY move funds to segwit keys and only then spend funds to other users of segwit keys, to then DIS-ARM those volunteers from being able to quadratic spam / malleate.

it does not fix the issues for the entire network. nor does it disarm or prevent people sticking with using native keys. thus blocks can still contain quadratic spam and malleated tx's, simply by malicious people not volunteering to move funds to segwit keys

in essense, even after activation.. its a voluntary opt-in gun amnesty. hoping and falsely promising to stop gun crime, but in reality knowing the gangsta's will keep their guns
17674  Bitcoin / Bitcoin Discussion / Re: 95% lol. No chance. SegWit is now dead. on: March 09, 2017, 03:44:34 AM
real numbers to counter meurs fake numbers

/Satoshi:0.13.2/               1664 (26.11%) where 100% = 6372
/Satoshi:0.13.1/               1323 (20.76%) where 100% = 6372
/Satoshi:0.12.1/               743 (11.66%)    where 100% = 6372
/Satoshi:0.13.0/               382 (5.99%)      where 100% = 6372
/Satoshi:0.14.0/               381 (5.98%)     where 100% = 6372
/BitcoinUnlimited:1.0.0.1/   357 (5.60%)

why is meurs numbers fake you may ask
for instance his numbers
/Satoshi:0.13.2/               1839   37.5% where 100% = 4904
/Satoshi:0.13.1/               1409   28.8% where 100% = 4892.361111
/Satoshi:0.12.1/               740   15.1% where 100% = 4900.662252
/Satoshi:0.13.0/               387   7.9%   where 100% = 4898.734177
/Satoshi:0.14.0/               351   7.2%   where 100% = 4875
/BitcoinUnlimited:1.0.0.1/   173   3.5%   where 100% = 4942.857143

nice fudging of the %%%
major discrepancy in meuhs numbers, because the 100%'s should all equal the same



secondly..
even funnier..

the 'vote' is about BLOCKS not NODES so i see no reason why meur is even trying to fluff the node numbers as they are meaningless

here is what matters (P.S graph is from Sipa himself so dont cry propaganda de to numbers being from segwits own inventor)
17675  Bitcoin / Bitcoin Discussion / Re: Bitcoin was a great experiment. We learnt a lot from it. on: March 09, 2017, 03:25:16 AM
Bitcoin is good, and it's going good, don't take the current bitcoin price so unstable because the price should change but maybe $100 for few days is a lot.

so is the change of gold.. if you were measuring it in tonnes.
EG a $100 change of a gold ounce = $32,151,00 change in the measure of tonnes
but we moved away from measuring in tonnes centuries ago. and soon enough we will be measuring gold in grams

however if exchanges measured bitcoin in mbtc
EG 0.001=$1.16today $1.28 last week

meaning its only moved $0.12 per mbtc

soon enough many people will measure bitcoins in mbtc or even bits (0.00000100)
just like we are no longer in ancient egyptian times measuring gold by the tonne.

its all a matter of prospective
17676  Bitcoin / Bitcoin Discussion / Re: Quantum Computing and a hard fork?` on: March 09, 2017, 03:05:53 AM
quantums abilities to solve binary logic problems are limited

quantums feature are about solving non binary logic problems. (like vector problems)

in essense SHA(mining) is not much of a target and ASICS are well beyond CPU speeds anyway so ASICS are ahead of the quantum risk. (for many years atleast)

however vector problems. more so things like ECDSA are more of a target sooner. and ECDSA can be changed, but requires people to move funds away from ECDSA keys to something new,

so dont over exaggeration doomsday mining, and instead be cautious about the priv/pub key mechanism,
which at this current time is still years away from being any real 'break' threat.



secondly the pretense that pools will hold off on any changing to the mining algo are silly notions anyway.
most pools that are ASIC FARMS (not random user host pools) have their own ASIC manufacturing facilities and they actually profit from selling hardware to random users. so if something were to change, these ASIC farms will still be at the top/first spot because they will have developed the next gen of asics for whatever algo mining could be changed to. (apart from PoS, which is then more at risk to quantum due to it requiring signatures)
17677  Economy / Speculation / Re: What keeps Bitcoin price stable? on: March 08, 2017, 10:24:12 PM
stable price is when nothing exciting is happening and so people are not holding funds on exchanges.

remember the price is not related to the 16mill coins.
its about the amount of coins on an exchange and what people decide to do about it.

also in low energy periods if one exchange was to move 10%. it would soon be arbitraged to 0-1% again.

it takes bigger events to move the markets and keep it moved
17678  Bitcoin / Bitcoin Discussion / Re: [POLL] Possible scaling compromise: BIP 141 + BIP 102 (Segwit + 2MB) on: March 08, 2017, 09:53:56 PM
Core can not stop community/miner consensus.
firstly core bypassed community consensus using bip9 by going soft..

Let me see a viable BIP + code first, then we can talk about that.

secondly read bip 9, yep it can be changed. even gmaxwell admits this.
BIP9 changed to a new quorum sensing approach that is MUCH less vulnerable to false triggering, so 95% under it is more like 99.9% (C) under the old approach.  basically when it activates, the 95% will have to be willing to potentially orphan the blocks of the 5% that remain(B)
If there is some reason when the users of Bitcoin would rather have it activate at 90%  ... then even with the 95% rule the network could choose to activate it at 90% just by orphaning the blocks of the non-supporters until 95%+ of the remaining blocks signaled activation.(A)

^ this is where the UASF comes in (A leads to B leads to C)

secondly you personally know about banning nodes. you have often highlighted yourself as the guy with all the 'know' of the node IP's everyone should ban

its not rocket science
17679  Bitcoin / Bitcoin Discussion / Re: Bitcoin was a great experiment. We learnt a lot from it. on: March 08, 2017, 09:45:16 PM
You are making a huge assumption that Bitcoin's store-of-value does not depend on its utility to be digital cash in widespread use.  

I believe the opposite to be true:  Without having widespread use (assumes more than 3 TPS)
Bitcoin will lose market share to other cryptocurrencies for all purposes,
both as a currency and commodity-like store of value.


to add to the point..
if..
Bitpay and coinbase (the utilities that MERCHANTS use for their shopping cart payment service)  and other services like shapeshift, pitpasa, itbit, changetip, kraken, xapo
decided one day that they will drop bitcoin and start accepting.. zcash or monero or litecoin..

knowing that DCG (funding blockstream(gmaxwell(monero fan), BTCC(bobby lee(litecoin's bro), bitpay, coinbase etc)
oh nearly forgot DCG also owns coindesk. just to add on some heat to the media propaganda of all of these changes being cough positive(not) cough

http://dcg.co/network/

what do you think will happen to bitcoins "value" when suddenly you cant use it on the exchanges you finding it harder to move to these alts. and you cant spend it with merchants
17680  Bitcoin / Bitcoin Discussion / Re: Migrating from Bitcoin Core to Bitcoin Unlimited on: March 08, 2017, 07:17:37 PM
You'll have to look at both Core and Unlimited and decide for yourself which provides the features you prefer.

At the protocol lvel, they are currently compatible with each other, so it doesn't matter much which you run.  If protocol changes activate and you change your mind, it isn't difficult to switch.

I can't pick and choose individual features so would have to decide on overall features. Think I might have read core 0.14 saves mempool data between restarts which is probably a very good idea.

Could I install both, and either fire one version up or the other over the same blockchain/wallet directory structure though? Or could that very well change before any consensus is achieved?

first of all
1. get the privkeys/seed and copy them. i dont mean just copy and paste the wallet.dat i mean ensure you have it copied down in other formats too and also copy the wallet.dat to a couple different locations/media devices (incase one or more gets corrupt)

2. then update
Pages: « 1 ... 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 862 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 [884] 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 ... 1463 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!