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4221  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 16, 2017, 11:48:13 AM


lol
more empty "thats speculation"
when its your comments that are propaganda

you are soo deep defending blockstream that you cannot see bitcoin as a diverse network of many varieties of software actually running on the network for years without making demands or threats.

you only see blockstream being bitcoin and even when blockstream threaten other non blockstream implementations you defend blockstream
wake up

4222  Bitcoin / Bitcoin Discussion / Re: Did Craig Wright turn out to be Satoshi Nakamoto on: April 16, 2017, 11:37:34 AM

seems your account was created purely to reply about wright drama..

anyway
hotwire was about tax refund

demorgan was about "credit" for advanced R&D for certain industries where the industry gets 45% of their research spending.

for instance. the difference is, like UK law
a tax refund is where you pay X tax..  but you can claim certain things off your tax like having to obtain, replace and wash work uniform and get a refund at the end of the year. this is a tax rebate

separately
no matter what tax you pay. or your bills or expenses.. you can get tax "credit" just for having a kid

the hotwire was a rebate - couple million
the demorgan was a credit - 54million
4223  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 16, 2017, 10:46:22 AM
Some of those people are either actively harming Bitcoin (see Ver), sold themselves to the CIA (see Gavin), sold themselves to the banks (see Hearn), etc. Their latest 'evil' pretty much terminated most of their 'good' (if they ever had any).

you forgot to mention gmax sold himself to the banks too... i wonder why you left him off the list.

research: blockstream-> hyperledger

i now await the usual "dont troll me", "your wrong but cant explain why your wrong, but your wrong" empty replies.

sometimes i laugh at the hypocritical comments you make
4224  Bitcoin / Development & Technical Discussion / Re: just out of curiousity, why would segwit impact asicboost on: April 15, 2017, 11:21:33 PM
Because Segwit effs up the block architecture at such a low level...
The incompatiblity is by no means unique to segwit, the vast majority of proposed protocol improvements run into exactly the same issue.

Commited UTXO, Commited Address index, Commited Bloom filters, Fraud proofs, -- just to name a few more.

So what you meant to say was that covert asicboost 'effs' up the block architecture.

it doesnt F up the block architecture. you just have to find a different way of doing things.
you took a short cut using the backdoor luke highlighted in 2015. and last month you realised you hit a wall where the shortcut was a deadend

in future dont wast 1.5 years which shortcuts when doing a proper community desiring node+pool approach would get everything everyone wants without delay, debate and frustration in less time

EG
if you want to mess around with no witness, prunned, etc.. just make that a new brand. call it core lite, let the multibit/electrum guys play with that as a dev project

then YOU could concentrate on a network of proper full node network, not ways to dilute the full node count with all the going soft pretense of "aww its ok to waste 2 years for a messy 2 level (upstream tier nodes) and down stream filtered/stripped/pruned topology."

think about it
if in late 2015 you just done a release that would have been a proper NODE consensus of a single merkle design 4mb block. you would have had more than 80% acceptance of nodes by now. and a community that would have been happy. and no drama and no asic boost blaming for why segwit soft attempt has issues. (because there wouldnt have been a 2merkle approach)
4225  Bitcoin / Bitcoin Discussion / Re: Did Craig Wright turn out to be Satoshi Nakamoto on: April 15, 2017, 11:03:06 PM
satoshi was not david K

david K was all about investigating and ID/forensics checking and finding things.. the opposite of satoshi

the david K thing was that craig wright wanted to have a backdoor by saying david created the trust and had the keys initially(both lies). so worse comes to worse craig wright could play the victim card and blame a dead guy by saying craig was fooled into believing he partnered with a fraud.
(truly sickened me when i was reviewing craig wrights story behind the story(reading the narrative behind the words))
4226  Bitcoin / Bitcoin Discussion / Re: If you have to pay 10% or 20% extra will you still be using bitcoin? on: April 15, 2017, 10:50:54 PM
paying anything above say 2% makes it not really beneficial for people/merchants.
- this is because the effort to actually getting bitcoin is one hurdle, then finding a merchant (300k out of 200mill merchants) is another hurdle. so then paying 2%+ to use bitcoin starts to erode all utility.

the only utility then is that the funds are 100% yours, you can send them out without someone elses need to agree to send it or accept it. this is known as a push payment.
- however by removing the push payment utility to openly pay anyone, and turn it into a 'just fund xapo' or 'lock it into an LN channel' removes the permissionless push utility and now funds need a counter party to sign off/agree to the movement of funds

thus now removing the other main utility of bitcoin.

so now the utility has become much like fiat. all we are left with is people that are just looking at the FIAT price daily hoping to get rich quick just to return back to fiat.

leading to the only thing that people will talk about bitcoin being "you can be FIAT rich one day"
4227  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 15, 2017, 08:56:35 PM
Weird thing for him to use a 'No true Scotsman' fallacy. A full node is any node that keeps a copy of the blockchain.

nope a full node should ALSO validate what it receives.
EG just grabbing data from a bittorrent seed. but never independently revalidating the entire blockchain data. may contain bad data somewhere in that download
but now we are getting into the personal semantics

..
afterall would u say a prunned node is a full node
afterall would u say a stripped(no witness) node is a full node
4228  Bitcoin / Bitcoin Discussion / Re: Did Craig Wright turn out to be Satoshi Nakamoto on: April 15, 2017, 08:36:51 PM
So what you are saying is that, he potentially is a scam artist who tried to fool the non saavy. What a clown really, if true.

reason being is
without ever having any PRIVATE keys. he simply copied a load of early PUBLIC KEYS which he knew would not move funds because they were the satoshi stash that had not moved in the couple years before he copied them.

he got a friend to set up a trust. and notorise the PUBLIC keys as the "proof" of collateral (first fraud)
he then insured that trust (second fraud) for a large valuation to 'legitimise' the trust.

then he used that trust to get MILLIONS from the australian government (third fraud)
then he used the new valuation of the trust + australian tax grants to grab further investments (fourth fraud(and now playing a shell / ponzi game))

..
in 2015 the auzzie government smelled a rat and chased him. he fled the country and ended up in england.
he thought he can save himself by trying to convince media that he was satoshi to then use media stories as 'proof of identity' (fifth fraud) to hope it would make the auzzie government to back down..
it failed because within hours of showing:
MEUCIQDBKn1Uly8m0UyzETObUSL4wYdBfd4ejvtoQfVcNCIK4AIgZmMsXNQWHvo6KDd2Tu6euEl13VT C3ihl6XUlhcU+fM4=

people recognised it was old public accessible data

now he is trying to create and apply for patents to try making new collateral to fill the void of old collateral(fraud1-2)
hoping it will be enough to sell the new collateral to cover all the legal costs and debt/civil fines and reimbursments he will have to pay the aussie government if ever extradited back to australia

..
now you should be upto date with all the drama
4229  Bitcoin / Bitcoin Discussion / Re: Did Craig Wright turn out to be Satoshi Nakamoto on: April 15, 2017, 08:10:25 PM
nope he is not

nope the evidence was not convincing

it was a signature that links to a known satoshi address

Take the signature being “verified” as proof in the blog post:
MEUCIQDBKn1Uly8m0UyzETObUSL4wYdBfd4ejvtoQfVcNCIK4AIgZmMsXNQWHvo6KDd2Tu6euEl13VT C3ihl6XUlhcU+fM4=

Convert to hex:
3045022100c12a7d54972f26d14cb311339b5122f8c187417dde1e8efb6841f55c34220ae002206 6632c5cd4161efa3a2837764eee9eb84975dd54c2de2865e9752585c53e7cce

Find it in Satoshi's 2009 transaction:
https://blockchain.info/tx/828ef3b079f9c23829c56fe86e85b4a69d9e06e5b54ea597eef5fb3ffef509fe?format=hex
https://blockchain.info/tx/828ef3b079f9c23829c56fe86e85b4a69d9e06e5b54ea597eef5fb3ffef509fe - Input Scripts

the thing is.
ANYONE in the last 8 years can copy it, its public information.
so although it does say that it validates to a satoshi known address. does not mean that craig wright is satoshi



as for the 'social' evidence
emails posts and communications have been logged publicly so its easy to read, rehearse and revise them until you memorise them
i would have questioned anyone that did know the finer details of things said 6 years earlier. because they know too much for someone that might have said things on a whim to remember so clearly without 'preparing'/rehearsing.

after all if you registered a domain 6 years ago.. would you know off the top of your head the exact time/date you registered it. without preparing by checking out the info
4230  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 15, 2017, 07:07:19 PM
so you dont really agree with Ver, then?

I somewhat agree with you but its such an edge case that its almost irrelevant.

without knowing the context of the tweet. its hard to tell. afterall if you have

P - n - n - n -p

3 nodes between a pool (or lets say 6000 nodes that need to validate to form good diverse consensus)
vs
P - n - n - n - n - n - n - n - n - n - n - p

10 nodes between a pool (or lets say 20000 nodes that need to validate to form good diverse consensus)

the propagation time of getting the data to all entities of the network takes longer, even if your using the '6( 8 ) degree of separation' network connectivity

from other hand is harder to DDOS 10 000 nodes than 5 pools Cheesy so having a lot nodes allso helps.
And in time of uncertainty you can use own node to validate blocks to not get on BTU trap if they fork accidentally.

agreed. hense why i was questioning the context of his tweet..
the context might be. "based on the bitcoin network of 2009, not 2017 what is a full node" being a question asked to him elsewhere, but then the question got deleted... but no one can guess the context without finding the source for WHY he make the tweet
4231  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 15, 2017, 06:31:48 PM
so you dont really agree with Ver, then?

I somewhat agree with you but its such an edge case that its almost irrelevant.

without knowing the context of the tweet. its hard to tell. afterall if you have

P - n - n - n -p

3 nodes between a pool (or lets say 6000 nodes that need to validate to form good diverse consensus)
vs
P - n - n - n - n - n - n - n - n - n - n - p

10 nodes between a pool (or lets say 20000 nodes that need to validate to form good diverse consensus)

the propagation time of getting the data to all entities of the network takes longer, even if your using the '6( 8 ) degree of separation' network connectivity
4232  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 15, 2017, 06:19:03 PM
You could run 100 full nodes but still you'll need miners to confirm and include your transaction in blocks.
Nodes are agents of miners delivering them TXs and handing out their found blocks to rest of the network.

you could have a pool with a billion exahash, but if the block didnt follow the rules nodes have.. the block is rejected in 3 seconds.

its a symbiotic relationship of many elements
4233  Bitcoin / Bitcoin Discussion / Re: Roger Ver has been compromised on: April 15, 2017, 06:02:41 PM
Quote
Only a node that is mining is a true full node.  The rest are just slowing down the propagation of blocks between the real full nodes.
This doesn't make any sense  Roll Eyes

Full node = all servers that have blockchain ledger
Isn't mining completely different than nodes?

yes
things like asics (miners) dont have any node function/hard drive they just hash a hash.

technically a full node is one that does everything, that means validates competitions blocks and makes its own .. like how things were in pre 2013

but since 2013 things have changed and the community have re-termed things..
an 'economic' validation nodes are ones users and businesses use (we socially call them full nodes)
there are the lite nodes like electrum / multibit which dont do much more then just create transactions.
pool nodes can be full(economic) or lite (spv)

now an economic node, a pool node and an asic miner are all separate entities which is good for decentralisation, but still ALL work symbiotically together and spread out to be more diverse and decentralised


4234  Bitcoin / Bitcoin Discussion / Re: [F2Pool and SegWit] What do we think of the "Wang" on: April 15, 2017, 05:44:37 PM
Price moves positiively with positive segwit news, doesn't take rocket science to know this. But anyhow, we can't and we must not trust Wang Chun, he changes his opinion on segwit a lot, at any moment he can stop segwit support! I hope this doesn't happen, because price will go down.

the price will go up and down no matter what
4235  Bitcoin / Bitcoin Discussion / Re: F2Pool: "Segwit will be a disaster." on: April 15, 2017, 11:33:25 AM
The top players right now (besides Monero and LTC) are all scam coins (ETH, DASH, Ripple, et. al.). A centralized, banker and corporation funded coin like ETH or a system (backed by the same groups) such as Ripple can easily overthrow the Bitcoin market cap within a week.
I agree. I also thought about it. Even if one of this coins surpasses BTC in marketcap, their fiat (ETH), scam (DASH), centralised trusted (Ripple) nature will become evident sooner or later. Unlike you I also disrespect LTC since it's a copycat.

ripple and dash wont go anywhere

but looking at how the 'merchant tools' and the VC's behind blockstream are also looking at ether and LTC and zcash. you can see they wont give up without a fight.

coinbase for instance can with a click of a button allow their hundreds of thousands of merchants accept LTC and ethereum as a payment method in shops that currently use coinbase merchant tools.

so although these alts are not as good as bitcoin. you can easily see blockstream devs jump over to most probably LTC if segwit gets adopted over there. especially with coblee at the helm of coinbase
4236  Bitcoin / Bitcoin Discussion / Re: How do you stop someone forcing you to hand over your private key and taking all on: April 15, 2017, 10:57:17 AM
One thing I have thought about is that with bitcoin, someone could force you to hand over your private key. What sort of safeguards are there to prevent this happening, or to prevent them taking everything in that wallet?
One thing one can do is leave Bitcoins on an exchange that will only allow you to withdraw $1000 worth per day, but then you run the risk of the exchange being hacked....what are the other options?

paper wallets and a lock on the door of your house. dial 911 if someone breaks in
4237  Bitcoin / Bitcoin Discussion / Re: F2Pool: "Segwit will be a disaster." on: April 15, 2017, 10:00:31 AM
(besides Monero and LTC)


lol you have really bit down on the gmax appreciation gang..
you forgot to mention that group also adore zcash..

oh let me also update you gmax and his VC funders love Ethereum too..
i cant wait for you to backtrack to play follow the leader
4238  Bitcoin / Bitcoin Discussion / Re: [F2Pool and SegWit] What do we think of the "Wang" on: April 15, 2017, 09:01:32 AM
the price movements are a meaningless measure of community desire.
the prices can move easily without having to spend much at all

at the moment the liquidity is soo low even just one person can control the markets movements

core cry when the price moves up and down and try making it sound important
meanwhile exchange move from $935 $933 by a user with just $302(324mbtc)
meanwhile exchange move from $933 $935 by a user with just $50(54mbtc)

(note trades measured in mBTC (0.001btc)

less than $302(324mbtc) to drop the price from $935 to $933
yep $302 to make the market cap change by $32,470,200.00

then ~$50(54mbtc) to ramp the price from $933 to $935
yep $50 to make the market cap change by 32,470,200.00

price movements are not a sign of any "community consensus" due low funds being used and also the high increments per orderline causing the volatility($1 gap per increment)... making it easy to make the market volatile without needing large community/whales



real funny part is if you look at the markets.. they are being moved by $1 increments. using only a couple btc or less



Gdax
going from the bottom up
0.13btc moved price from $1158->$1159
5.293btc moved price from $1159->$1160
2.386btc moved price from $1160->$1159
63.857btc moved price from $1159->$1160
10.325btc moved price from $1160->$1161
0.02btc moved price from $1161->$1160
2.433btc moved price from $1160->$1161
2btc moved price from $1161->$1160
2.551btc moved price from $1160->$1159
16.67btc moved price from $1159->$1160
1.4btc moved price from $1160->$1159

the real reason the price is volitile is because it does not take much to move the market price

5.85 btc = $1


bitfinex
5.85 btc =  $1
0.5 btc =  $1
0.067 btc =  $1
0.1 btc =  $1
0.829 btc =  $1
0.249 btc =  $1
0.170 btc =  $1

and so on

4239  Bitcoin / Bitcoin Discussion / Re: F2Pool starts signaling SegWit? on: April 15, 2017, 08:34:52 AM
nay sayer pools stratums hacked on the 2nd to throw hash power at him
when he does vote segwit


 then DDosed a week later whe he doesnt vote.

seems its outsiders that are F-ing with him. not the other way round

 seems people are getting desperate

meanwhile bitcoins segwit 31% block flagging is only temporary due to a hack expect it to drop back down below 30% in the next fortnight

https://twitter.com/f2pool_wangchun/status/848582740798611456
Quote
Wang Chun‏ @f2pool_wangchun

Someone hacked major mining operations and their stratum had been changed from antpool, viabtc, btctop to us. Our hashrate doubled instantly

10:07 am - 2 Apr 2017







P.S yep now below 30%


in my opinion i think Wchun has integrity to admit whats happening when his hashrate goes up and down so rampantly.
unlike whoever is trying to cause speculation controversy by performing the hacks and DDos.. rather than just letter real honest consensus decide
4240  Bitcoin / Bitcoin Discussion / Re: Roger Ver causes another dump on: April 14, 2017, 10:34:00 PM

your idea has many faults.

1 that there should only be one source of income. the blockreward
2 that only one implementation should receive the 1% of block reward
3 that there should only be one implementation
4 that automatically getting $130 every 10 minutes means those in that team will do better
5 that automatically getting funds will make them do things the community want.

imagine it though. if say 500 people-5000 people wanted dynamic blocks. it needed say only 10 lines of code to change. and each of them put say $10 bounty in.

that is $5k-$50k to add dynamics

or

devs get $130 every 10 minutes ($6,832,800 a year).. and then while the devs are getting paid.. there is no structure or community agreement on what should be done by the devs.

infact the devs decide to grab an altcoin from a private elements project. tweak it a little and try to coax the community into accepting it as thier attempt at doing something. and 2 years later still debate with the community as to how utopian it is.
(netting them another $13.66mill wasting time) as an example.

so you tell me what is better
$5k-$50k for dynamics 10 lines of code
$500-$5k for txsigoplimit 1 lines of code
and so on

or automatic payments with no structure/target
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