Bitcoin Forum
April 27, 2024, 06:59:02 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 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] 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 ... 1463 »
18161  Bitcoin / Bitcoin Discussion / Re: Yet another reason to hate and reject SegWit altcoin on: February 01, 2017, 07:40:31 PM
You're seem to be arguing that 'a flag' is black even if almost all of the people with actual knowledge are saying that it's white.

many will say your cat (avatar) is blue. some will say its black.

ill say its tabby and definetly not blue

they can argue all they like about how many pixels in the picture are in a shade of blue and black.

ill still state that its a tabby cat thats definitely not blue. which hopefully if rational you would agree on
18162  Bitcoin / Bitcoin Discussion / Re: Yet another reason to hate and reject SegWit altcoin on: February 01, 2017, 07:35:25 PM
Bitcoin works on method 1, but as the node count drops, the sybil attack becomes easier.

I would suggest to moving to method 2 (aka paying nodes too, not just miners), because in that case, at least the incentive is there, and as long as people want to make money, they can also help defend the network.

every mthod has a loophole.

again to pay a node (bitcoin theory this time not LN) requires a tx paying each relay..

blockstream already set up FIBRE as the hub... oops they hate it when i dont use gmaxwells buzzwords

blockstream already set up FIBRE as the upstream filter of the network topology
18163  Bitcoin / Bitcoin Discussion / Re: SegWit yay or nay? come vote here. on: February 01, 2017, 07:31:50 PM
you think that trolls that dont even run a full node and have been advertised to spam a poll.. has more meaning that the actual NODE count

now you see why im laughing
Nobody was advertised to spam this poll,

https://www.reddit.com/r/Bitcoin/comments/5pb2sd/vote_on_bitcointalk_segwit_yay_or_nay/
18164  Bitcoin / Bitcoin Discussion / Re: Yet another reason to hate and reject SegWit altcoin on: February 01, 2017, 07:26:56 PM
What are you talking about? I'm not a moderator.

you lost your status. hmm

everything else you said i just laughed at, as you are not seeing rational thought.
i hope you get some back, because although i dont keep upto date on your life to know or care about your status..
i did recognise a little bit of open minded thought last year. and i truly hope you gt back to that point. even though it was a little short window
18165  Bitcoin / Bitcoin Discussion / Re: So who the hell is still supporting BU? on: February 01, 2017, 07:19:41 PM
BU rules is anything under Xmb

1mb blocks are under Xmb.. meaning bu is doing as intented

classic/xt rules is anything under Xmb

1mb blocks are under Xmb.. meaning classic/xt is doing as intented

the non-core nodes are not rules of blocks must be over X.. they are rules of blocks must be UNDER X.. but where X is higher than core.

..

its basically the same as say 2013
blocks were only being built at 500k at the time.. but the rule was anything under 1mb is fine..

imagine if the Sipa LevelDB bug resulting in sipa and gmaxwell deciding to enforce blocks stayed under 500kb. (i know shock horror at the thought)
the other implementations would still accept blocks under 500kb because 500kb is still under 1mb
18166  Bitcoin / Bitcoin Discussion / Re: So who the hell is still supporting BU? on: February 01, 2017, 07:03:31 PM
I've never threatened a fork. WTF you babbling about?

We don't need to pay for hash rate. After all, d(coreHashrate)/dt is negative, and d(BUHashrate)/dt is positive.

How will BU run the network without forking it?

Same way it is today. My node is a BU node. No fork so far. Observedly.

You seem to be seeking demons where none exist.

jbreher. ignore CB
he has no clue. he doesnt care about keeping bitcoin decentralized. he loves core as his king.
CB is so lacking in knowledge he doesnt even think bitcoin can run without a king.

for months now i asked him to just spend 20 minutes learning consensus.. he refuses..
18167  Bitcoin / Bitcoin Discussion / Re: So who the hell is still supporting BU? on: February 01, 2017, 07:01:46 PM
I havent seen any evidence that LN will be a permissioned ledger, are you sure that LN will have a trust element to it?

Because in that case it sounds very very bad. I dont want it.

LN uses mutisigs..
its not the legacy way of you make a transaction, you sign and you send..

its a joint party thing. like a joint bank account. requiring 2 signatures.
you cant move it without someone else.. = their permission required

But as I have heard about it, it was marketed as something decentralized. Explain to me.

its falsely promoted as 'independant multisigs'
imagine we had 5 people A,B,C,D,E

A and B connect up as a multisig..
B does more business, B also connect to C
C also connect to D
Dd also connect to E
 
A->B
B->C
C->D
D->E

for someone to get from A-E they need to pass through B, C, D because A doesnt directly connect to E
^this above is the promotion people hop their funds around, .. and take a fee per hop if they are the middleman^

here is the problem and blockstreams known chain of events to gain them hub dominance to repay their investors

for someone to get from A-E they need to pass through B, C, D because A doesnt directly connect to E
so A needs to pay B. and
A needs to pay C and
A needs to pay D to ensure A reaches E

costing A 4 hops

so what A does instead is when the contract times out. they avoid the hop method and find hub X which has multiple data streams to everyone.
A - X - E
   / | \
 B  C  D

instead of
A-B-C-D-E

now A can travel to E just by paying X twice
a-> X
X-> e

much cheaper than 4 fee's of the hop concept
a->b
b->c
c->d
d->e

blockstream want to 'default' fee hop at, lets say y*100 and then offer hub at y*10 thus instead of costing a 500y using hops.. it would only cost 20y using hub

you will probably see that they twist the hop= y*100 because hops are less common so cost are higher.. many node users wanting income would applaud them for rewarding them more.. but that reward is a actually a twisted sales pitch of a punishment to make hops expensive and undesirable...
 
now blocktream becomes the hub and gets all the fee's to repay back the $90m investment. which they are getting desperate need to release ln before investors make demand..
18168  Bitcoin / Bitcoin Discussion / Re: Yet another reason to hate and reject SegWit altcoin on: February 01, 2017, 06:38:34 PM
Same goes for this forum.  The heavy censorship here is totally corrupt.  They were trying to silence any opinion against SegWit.  
1) It's a private owned forum. If you don't like it -> leave.

lauda. take this as advice..

"If you don't like it -> leave." = silencing opinion

your correct moderator response should have been, something like
"you are entitled to your opinion, no one will delete your post or ask you to leave because of it"

but you instead. proved him right by telling him to leave. and also making it sound like he is trespassing. by saying
"its privately owned." rather than "its a public forum" or even "its a free speech forum"

you kind of insinuated that open opinion is not applauded but instead shown the direction to the exit
18169  Bitcoin / Bitcoin Discussion / Re: Yet another reason to hate and reject SegWit altcoin on: February 01, 2017, 06:35:11 PM
Well we shall seee, this is the big test for Bitcoin. If it can pass it, then it will survive. If not, then it will become a bank coin.

every system has a loop hole.
imagine PoS
if address contains 10coin it is staked enough to sign a block
200 people pool their 0.5 coin into 10 addresses of 10coin and ensure the syndicate leader is ethical to act as the pool to pay out reward
because there are 10 addresses with stake ensures they get more chance more often then one person of 10btc.
and also leaving those others not syndicated/pools with 0.5coin not getting anything.

imagine PoN (proof of node)
someone runs 200 nodes ensuring they get the chance more often than someone with 1 node
18170  Bitcoin / Bitcoin Discussion / Re: Possible outcome if Bitcoin do not implement SegWit and LN on: February 01, 2017, 06:22:09 PM
1. LN contract can expire. where the locktime is only say 2 weeks. people decide to not extend the contract but start a new contract connecting to a hub.

2. this is what blockstream are hoping for. so this is where they become X (a hub)

A - X - E
   / | \
 B  C  D

instead of
A-B-C-D-E

I don't see what's wrong with that?

Quite naturally, A<->X<->E looks more efficient than longer chains (A-B-C-D-E) and likely cheaper in terms of fees, but isn't that the advantage of LN, not its drawback as you seem to imply?

yes hubs are cheaper than hops.
im pointing out that all the r/bitcoin centralist blockstream defenders. are being sheep herded into thinking they can each get rich if they promote LN..
im pointing out they each wont.. only the hubs will.

After all, this is a free market, and if folks see ways for "more" instant and cheaper transactions, I don't see any logic behind you claiming to the contrary. For example, why should we care about miners who are not able to get profits from mining and thus have to leave the scene? With LN, it is basically along the same lines

the point is. LN is promoted to give people income.. reality they wont get it..
the point is. LN promoted as faster... but then tying them into permissioned contracts with fund locks and chargebacks.. making it no better than paypal2.0

now understand this. LN has a niche for certain businesses.. such as day traders, faucet raiders, adsense.
BUT
its should be considered a side voluntary service for certain niche users.
NOT
to be considered as the end goal for bitcoin where everyone needs to use LN due to how devs have halted and crippled any onchain growth purely to force users into LN contracts.

LN is just paypal2.0/visa2.0

remember bitcoin is suppose to be the permission-less open zero barrier of entry .. not visa2.0 with penalties and chargebacks(csv revokes)
18171  Bitcoin / Bitcoin Discussion / Re: SegWit yay or nay? come vote here. on: February 01, 2017, 06:12:31 PM
still around 50% im laughing at wher your getting your 70% from
I try again. Slowly.
This is a poll thred.
Its shows 67%
6..7..%

you think that trolls that dont even run a full node and have been advertised to spam a poll.. has more meaning that the actual NODE count

now you see why im laughing.
you dont even realise the context of the stats.
18172  Bitcoin / Bitcoin Discussion / Re: SegWit yay or nay? come vote here. on: February 01, 2017, 06:00:55 PM
/Satoshi:0.13.1/   1466 (25.95%)
/Satoshi:0.13.2/   1228 (21.73%)
/Satoshi:0.13.99/   118 (2%)

I looked at the poll... Roll Eyes 67% at the moment

/Satoshi:0.13.1/   1441 (25.26%)
/Satoshi:0.13.2/   1316 (23.07%)
 /Satoshi:0.13.99/ (117) (2%)

still around 50% im laughing at where your getting your 70% from
18173  Bitcoin / Bitcoin Discussion / Re: Bitcoin / Blockchain in connected furnitues (IoT)? on: February 01, 2017, 05:48:25 PM
Probably any kind of prepaid electric meter where we can store some bitcoins and it get will auto debited as per our consumption of the electricity. Same thing about water and kitchen gas. It would be great to live in such house where there will no postpaid expenditure at all.

most things these days are prepaid.

move into a house deposit and 2 months upfront
phone/internet subscriptions. pay upfront for subscriptions.. but the calls / over the limit data allowance moves to following month.

down side of NO postpaid.. is if you run out of funds to cant use it. because they wont send you a bill after use, they just deny service

this is where in england the poor are put on prepaid electric meters. if they run out of money the electric switches off. they either use the 'emergency credit' (extra cost) or some end up selling their stuff to pawn brokers to get the electricity going until payday(incurring costs buying back their stuff after payday).
18174  Bitcoin / Bitcoin Discussion / Re: Possible outcome if Bitcoin do not implement SegWit and LN on: February 01, 2017, 05:37:22 PM
so what A does is find a hub X which has miltiple data streams to everyone.
now A can travel to A just by paying X twice
a-> X
X-> e

much cheaper than 4 times
a->b
b->c
c->d
d->e

but now e,d,c,b wont get paid...
and thats where it falls apart

I don't see any logic behind your conclusion

If E, D, C, B don't get paid and they fall off (let's assume that), then how can the transaction still find its cheap way from A to E through X?



1. LN contract can expire. where the locktime is only say 2 weeks. people decide to not extend the contract but start a new contract connecting to a hub.

2. this is what blockstream are hoping for. so this is where they become X (a hub)

A - X - E
   / | \
 B  C  D

instead of
A-B-C-D-E


It seems that you are again bringing forth self-contradictory claims. You say that E doesn't get paid and at the same time you claim that the transaction in question will still be delivered to it. If it can't be delivered to E (which seems logical because it doesn't get paid as you claim), then there is no LN channel in the first place and there is nothing to talk about, i.e. no subject for discussion

contracts end. then just not reset up the hop method. people end up entering hub method

before using the teleporter A needs to sign a contract. handing his life to X and enters the teleport buffer
if something goes wrong and say X refuses to hop.. A loses his life (because E caused a chain reaction that made X lose his life. which made A want to get out which forced X to revoke A's life to compensate X for the loss against E)

As I got it from the LN papers, A will just get back

nope, because there is an attack vector. (i just didnt want to waffle the finer details)
if X refused to trade..
A would broadcast an old tx.. because X is refusing..
because E is angry that X refused. E request X to broadcast so that E can escape.
E then revokes X out of spite... for causing tension.
now all X can do is take frustration out on A..

other attack vectors are that X can cause such tension he makes the other (a,b,c,d) broadcast first then X can revoke ALL their tx's
18175  Bitcoin / Bitcoin Discussion / Re: Possible outcome if Bitcoin do not implement SegWit and LN on: February 01, 2017, 05:12:08 PM
As I understand it, LN would make instant (truly instant) transactions possible, and the lack of these seems to be one the major barriers on the way of using cryptocurrencies in real life for everyday expenses (apart from transacting online)

imagine it this way.

you have a plane that can travel around the world in 10 minutes for just 2 cents.

then you have a company that wants to install teleporters in every house
they advertise that the data stream can hop between teleporters. and if someone teleported and it hopped via your teleporter you get paid

seems great right. travel around the world in seconds. and get paid if someone else teleported via you.. wow amazing.. (not quite)



the teleporter company bought up a group of plane engineers, and got them to engineer a teleporter.
now they want to tell the world that planes cant cope.
no more planes will be build and the ticket price of a plane should rise to kill off demand for a seat on the plane.



here is the picture though
for someone to get from A-E they need to pass through B, C, D because A doesnt directly connect to E via the data streams

so A needs to pay B. and pay C and pay D to ensure A reaches E

costing A 4 hops

so what A does instead is find hub X which has multiple data streams to everyone.
now A can travel to E just by paying X twice
a-> X
X-> e

much cheaper than 4 fee's of the hop concept
a->b
b->c
c->d
d->e

but by going through a hub instead of hops, now e,d,c,b wont get paid...
and thats where it falls apart.

the fake promotional sales pitch to get B,C,D,E to promote LN.. but ultimately B,C,D,E wont get paid when it actually plays out in reality, because everyone will want to save money and use hubs instead..

and thats the agenda. blockstream need LN for blockstream to be the hub to gathr fee's for their $90m investors

another thing..

before using the teleporter A needs to sign a contract. handing his life to X and enters the teleport buffer
if something goes wrong and say X refuses to hop.. A loses his life (because E caused a chain reaction that made X lose his life. which made A want to get out which forced X to revoke A's life to compensate X for the loss against E)

secondly if A decides he would rather not use a teleporter and tries getting out of the buffer early.
A is then in limbo for 3-5 days dematerialising and cant move... and if X objects to A leaving A loses his life


yes i have used a sci-fi analogy of how it LN works but if i was to use the more realistic bank2.0 analogy, the centralists would should hell fire comparing their commercial tool to a bank


18176  Bitcoin / Bitcoin Discussion / Re: Bitcoin.com almost forks the blockchain with buggy BU on: February 01, 2017, 04:04:12 PM
taking the main role of the network,

if you think devs of any implementation should take the main role. you have already surrendered and missed out on what bitcoin is all about.

you have already given up your independence.
please learn consensus, redeem yourself
18177  Bitcoin / Bitcoin Discussion / Re: So who the hell is still supporting BU? on: February 01, 2017, 03:50:23 PM
to put in charge

you are just not getting it.

no dev should be "in charge"
if you think devs should be kings. you have already surrendered and missed out on what bitcoin is all about.
18178  Bitcoin / Bitcoin Discussion / Re: So who the hell is still supporting BU? on: February 01, 2017, 03:34:26 PM
Splitting a new BU Coin is the best solution in this case.

the sheep being hugged by the wolf, making the sheep sing "bar ram ewe, bar ram ewe" because the because a little pig and friend of the wolf has told them to.

when a dictator pretends to want liberty. and freedoms. but then decides to build a wall and send certain people over the wall. you know something is bad.
when a dictator pretends to want to remove regulation. but secretly desires the corporations to make more profit at a cost to citizens. you know something is bad
18179  Bitcoin / Bitcoin Discussion / Re: Bitcoin.com almost forks the blockchain with buggy BU on: February 01, 2017, 03:27:43 PM
BU doesn't work. It sounds good in practice, "wow automatically adjusted blockchain? just what we need" but in practice it opens a can of worms. Too many possible attack vectors.

If it was as easy I would support a dynamic blocksize, I don't because there are big tradeoffs by doing so that I don't want to deal with. I want to be able to find my bitcoin on my wallet 20 years from now. BU does not give me that peace of mind. They will fuck up hard.

do you even understand bitcoin or consensus.

you do know funds are locked to private keys.
an orphan/reject cannot steal your funds.

but blockstreams future feature mimble wimble can.

its worth reading and learning

but start at the basics of consensus vs bilateral.
as thats what im seeing most r/bitcoin script readers and blocksteam king defenders are mainly not understanding. plus it doesnt take years to learn. so theres no excuse to not spend just 30 minutes learning about consensus(majority agreement stay together) vs bilateral(walk in separate direction splits)
18180  Bitcoin / Bitcoin Discussion / Re: Bitcoin.com almost forks the blockchain with buggy BU on: February 01, 2017, 03:22:07 PM
What I ask myself is why did BU nodes allow to screw themselves up, so core nodes should intervene to prevent a catastrophe. No sir, It doesn't characterise BU team as reliable profy

it was a reject.
it would have always been a reject.
it was handled and pushed the side in 3 seconds.
it would have always been pushed the side in 3 seconds.

by the way
https://blockchain.info/orphaned-blocks
care to comment about the other rejects/orphans? that happen alot
oh wait they are core based. im guessing you wont comment
Pages: « 1 ... 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] 910 911 912 913 914 915 916 917 918 919 920 921 922 923 924 925 926 927 928 929 930 931 932 933 934 935 936 937 938 939 940 941 942 943 944 945 946 947 948 949 950 951 952 953 954 955 956 957 958 959 ... 1463 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!