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4901  Bitcoin / Bitcoin Discussion / Re: changing the whitepaper? on: April 06, 2017, 04:59:15 PM
isn't this old?
i swear i heard about this at least 4 months ago, cobra or whatever said this and nothing happened.

has this resurfaced or is it a repetition of an old drama (sorry can't open reddit from here)
he re-launched his mission yesterday.
reddit
Quote
Cobra-Bitcoin -87 points 1 day ago

The paper is under the MIT license and part of the original Bitcoin project support files. The paper points to bitcoin.org, and was originally uploaded there, it's well within our right to produce an updated version that corrects the major problems. As things are right now, too many people get encouraged to read the white paper to "learn" about how Bitcoin works, and these people just come out with an incorrect interpretation of how things should be.


cobra tried to do this last year. many objected and the drama died..
seems like core cant take no for an answer and will just keep trying to push it rather then get over their own snobbery
4902  Bitcoin / Bitcoin Discussion / Re: bitmain and asicboost/segwit on: April 06, 2017, 04:54:22 PM
By that I mean BITMAIN and associates. This includes the likes of ViaBTC, and other mostly Chinese organizations/individuals.

you might want to reach further over to the blockstreams associates side. EG F2pool and BTCC

oh that reminds me. even f2pool was good enough to have morals to admit something
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


4903  Bitcoin / Bitcoin Discussion / Re: bitmain and asicboost/segwit on: April 06, 2017, 04:51:08 PM
apparently being used

prove it
i do laugh at you and gmaxwell waffle about X but then throw in the "apparently" "could be" "potentially"

anyway
lets see what the maths really tells us

just done some quick maths


* stats at time of post

hmm
looks like BTCC and F2pool are the ones making more blocks than their hash %
not the other way round

*for those wishing to question the numbers


i would have expected antpool to have a block % of something in the 40's while having hash in the 30's if all this gmaxwell PoW propaganda was real
definitely not less than their hash%

oh well gmaxwell debunked.

kind of funny how many times gmaxwells announcement didnt name the pool and how many times gmaxwell uses the word "they could" rather then "they are"
Quote
A month ago I was explaining the attack on Bitcoin's SHA2 hashcash which
is exploited by ASICBOOST and the various steps which could be used to
block it in the network if it became a problem.

While most discussion of ASICBOOST has focused on the overt method
of implementing it, there also exists a covert method for using it.

Quote
An incompatibility would go a long way to explain some of the
more inexplicable behavior from some parties in the mining
ecosystem so I began looking for supporting evidence.

Reverse engineering of a particular mining chip has demonstrated
conclusively that ASICBOOST has been implemented
in hardware.

Quote
Due to a design oversight the Bitcoin proof of work function has a potential
attack
which can allow an attacking miner to save up-to 30% of their energy
costs (though closer to 20% is more likely due to implementation overheads).


..
just to let the script writers twist it into "its an attack, bomb them bomb them bomb them"

P.S
gotta laugh that when its an exploit.. he words it as attack on Bitcoin's SHA2 [adambacks] hashcash.
but when its a bug he calls it an bitcoin proof of work oversight....

he is too far deep inside his bosses pocket

4904  Bitcoin / Bitcoin Discussion / Re: ASICBOOST Aftermath: What Now Must Be Done? on: April 06, 2017, 04:44:48 PM
lets see what the maths really tells us

this post is very clear to anyone that you not even understand what we talk about here.... Tongue what a crap
what has to do this with ASICBOOST?Huh Ver is You?

asicboost should be showing a 20-30% advantage not a minus% disadvantage

now show me your stats
dare ya!
4905  Bitcoin / Bitcoin Discussion / Re: ASICBOOST Aftermath: What Now Must Be Done? on: April 06, 2017, 04:28:33 PM
lets see what the maths really tells us

just done some quick maths


* stats at time of post

hmm
looks like BTCC and F2pool are the ones making more blocks than their hash %
not the other way round

*for those wishing to question the numbers


i would have expected antpool to have a block % of something in the 40's while having hash in the 30's if all this gmaxwell PoW propaganda was real
definitely not less than their hash%

oh well gmaxwell debunked.

kind of funny how many times gmaxwells announcement didnt name the pool and how many times gmaxwell uses the word "they could" rather then "they are"
Quote
A month ago I was explaining the attack on Bitcoin's SHA2 hashcash which
is exploited by ASICBOOST and the various steps which could be used to
block it in the network if it became a problem.

While most discussion of ASICBOOST has focused on the overt method
of implementing it, there also exists a covert method for using it.

Quote
An incompatibility would go a long way to explain some of the
more inexplicable behavior from some parties in the mining
ecosystem so I began looking for supporting evidence.

Reverse engineering of a particular mining chip has demonstrated
conclusively that ASICBOOST has been implemented
in hardware.

Quote
Due to a design oversight the Bitcoin proof of work function has a potential
attack
which can allow an attacking miner to save up-to 30% of their energy
costs (though closer to 20% is more likely due to implementation overheads).


..
just to let the script writers twist it into "its an attack, bomb them bomb them bomb them"

P.S
gotta laugh that when its an exploit.. he words it as exploiting [adambacks] hashcash.
but when its a bug he calls it an bitcoin proof of work oversight....

he is too far deep inside his bosses pocket
4906  Bitcoin / Bitcoin Discussion / Re: bitmain and asicboost/segwit on: April 06, 2017, 04:25:55 PM
BITMAIN Equipment won't stop hashing. They have ASICBOOST built into its hardware, but only the units that BITMAIN is operating have the corresponding software for ASICBOOST to work.

This means that all of BITMAIN's farms/mines will lose the 30% advantage. However, they still own massive amounts of hashpower.
Consumer units shouldn't be affected.

only bitmain has the software? pfft
if you keep pulling your own leg like that... only you will be the one walking with a limp
4907  Bitcoin / Bitcoin Discussion / Re: bitmain and asicboost/segwit on: April 06, 2017, 04:13:54 PM
just done some quick maths


* stats at time of post

hmm
looks like BTCC and F2pool are the ones making more blocks than their hash %
not the other way round

*for those wishing to question the numbers
4908  Bitcoin / Bitcoin Discussion / Re: bitmain and asicboost/segwit on: April 06, 2017, 03:57:18 PM
Yawn

2013 - GPU miner- "some dude is using asics, thats unfair lets bomb them bomb them bomb them"
2014 - GPU miner- "decided to buy an asic, way cheaper than a bomb, happy now"

result
join the party of many pools of a decentralised PEER network using asics by bitmain..not throw a tantrum and refuse to give up your corner of your blockstream TIER network.

PS its not just antpool using bitmain products
4909  Bitcoin / Bitcoin Discussion / Re: "Bitcoin" Unlimited Officially #REKT on: April 06, 2017, 03:54:27 PM
We don't have problem here.


i think your spider is going in circles around the web. its counting the same nodes over and over.

but hey, you used colour. so that it can gain attention and make the sheep smile
4910  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 03:47:19 PM
Right, but the higher difficulty has the same security as the pre-ASICBoost difficulty...... This is not a problem BTW as it's not less security. It's why this is a shortcut, not efficiency gain.

If only one firm has ASICBoost, that gives them a monopoly, which is a real problem. But the devs are not willing to prevent that from happening right now.

The big issue, the main issue, is that covert ASICboost breaks many kinds of network upgrades, NOT JUST SEGWIT AND NOT JUST SOFTFORKS, but it does break segwit. This gives miners an incentive to oppose these changes. So covert ASICboost needs to be made impossible. antminers support overt ASICBoost, so they can still boost away if they want.

by the way.
bitmain donot make rigs for $2000. it costs then ~$400
for evry rig they sell to competitors they get to key 3 rigs for themselves and have spare cash to pay for electric.

this is the same for bitfury and other asic manufacturers...
that is the true way they make their profit.

secondly. by selling to competitors then its not an unfair advantage of having asic boost, because the competitors have it tooo..
think about it!

i will laugh if gmaxwell pulls the PoW nuke and suddenly BTCC and slush(blockstream defenders) go down too
4911  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 03:41:23 PM
@iamnotback: if btc acts as a settlement network and most of us aren't allowed to transact on it anymore because fees are too high, doesn't it also mean btc price will also be super high? how high do you figure?

if it starts costing $6 per transaction onchain
then even with LN to open/close a channel is a $12 expense.

so think of it this way, (think of a real world service. and run some scenarios like im about to)

some banks charge $6 per wire transfer
would you use paypal if they dropped the 20cent down to 1cent a tx internally but wanted to charge you $12 externally to use their service for 2 weeks.
4912  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 03:36:07 PM
An ASIC moving from 56nm to 28nm is an efficiency gain, because it does more work (more operations) for less electricity.

ASICBoost doesn't do more operations for less electricity. ASICBoost lets the ASIC skip doing some of the work. It does not contribute any additional security to the network. If everyone used it, it wouldn't make a difference, it would still require the same number of operations to attack the network prior to it existing.

This is why ASICBoost is a shortcut, not an efficiency gain, it does not contribute any additional security.

if it makes bitmain solve blocks a little faster. then difficulty rises to compensate..
think about it!
4913  Bitcoin / Bitcoin Discussion / Re: SegWit2MB does nothing at all to fix the real problem on: April 06, 2017, 03:25:04 PM
They are all colluding to push their own agenda and take the Core developers out by hard forking Bitcoin away from them. Do I think anything is wrong with that? No, it is what it is. But I do not think the developers behind BU should be supported because they are incompetent.

lol
1. the assert bug was existant in CORE 0.12. and core didnt go back and correct 0.12 they just made a new version number 0.13 so BU didnt cause a bug, they actually went and fixed a core bug but didnt get time to let the community download the fix. so those few days core went on propaganda war to take advantage.
real funny part is. it proves a diverse decentralised PEER network works.. yea one implementation got shutdown temporarily but didnt cause network wide disruption.. however in 2013 when it was core dominant.. the leveldb bug did cause network wide disruption.

we should not return to the days of just 1 or 2 codebases.. DIVERSITY is important


2. if core are so perfect there should be nothing to fix.. yet even cores "fixes" via the altcoin elements:segwit brand are not 100% guaranteed.

3. there is nothing stopping core making their implementation dynamic and join MANY implementations that are running for years so that core is on the same playing field. but no, core want to own bitcoin with a TIER network and do soft(non-peer) backdoor upgrades.
funny thing is they even admit going soft was using a backdoor. and segwit opens more backdoors "making it even easier to go soft"

4. if core are so perfect why need deadlines, bribery, blackmails, algo nukes and mandatory activations. if core actually got rid of their snobbery and done what the community want there would be no debate

5. if you think that BU want to 'own bitcoin' then please get your head out of the scripts posted on reddit and start looking at bitcoin.. not the words of blockstreamists
4914  Bitcoin / Bitcoin Discussion / Re: "Bitcoin" Unlimited Officially #REKT on: April 06, 2017, 03:13:38 PM
Hopefully, push Segwit above a 51% signalling rate.

oh just to point out something

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


4915  Bitcoin / Bitcoin Discussion / Re: Why does Roger Ver pay for BU Reddit ads? on: April 06, 2017, 03:05:32 PM
But whatever we do we're going to have one base code/ protocol/ sets of rules for all miners to follow, how does switching to BU and mine under BU code work out for being diverse? looks like you don't understand what a decentralized network stands for, as long as you and I and everyone else from any country in the world can run a full node/ start mining like the ones already mining that's called decentralized network of miners.
Whenever you see someone mining while running Core and you can't mine with the same hash power same amount of coins then that's centralized.

You say diverse but how? like any miner mine with their own sets of rules like I mine a block with 2MB size and the whole system validates and you mine a block with 8MB size and the whole system validates? who has cabin fever now?

like 2009-2015
everyone had 1mb rule..

but one pool had variety size blocks, some at 0.25mb. another pool made empty blocks another pool made 0.5mb blocks. and all happily accepted because they were below 1mb limit.

yep even now nodes can have a 2mb limit right now and happily accept blocks at 0.99 and below..

now imagine the network rule was
consensus.h = 8mb
policy.h=random amounts..

pools then see that the majority of "policy.h=random amounts.." is about 2mb.. so pools make blocks that are btween 250bytes-1.99mb
and all are happy because its all still below the 8mb hard limit.

yea some nodes might get their "policy.h=random amounts.." adjusted to 2mb if they were the minority prfering below 2mb.. but its all still below the 8mb limit,

welcome to the logic of dynamics and have a nice day.
PS settings are set by users. not dev-kings,
so welcome to true decentralisation
4916  Bitcoin / Bitcoin Discussion / Re: ASICBOOST Aftermath: What Now Must Be Done? on: April 06, 2017, 02:32:20 PM
or blockstream can just admit that segwit isnt perfect by admitting that its 'fixes' are not guaranteed and that it does nothing to stop native spammers etc.

and for blockstream to reset their own snobbery and try to fix their own internal issues and try something the community can and will happily accept

however using PoW nukes, mandatory activations, fee discount bribes and deadlines, bypassing node consensus.. looks very desperate. they are too blind to ven ask why should they need to resort to such tactics..
4917  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 02:17:55 PM
screw it lets repeat myself and add some more  to it

using gmaxweles own mindset

so libsecp256k1 "efficiency gain" is also an attack because it improved efficiency by 5x
so segwit quadratic/linear 'fix' is an attack because it improved efficiency
so fibre making its own tier ring network around the pools is an attack for propagation efficiency
so diluting full node count using prunning is an attack for making home computer efficiency
so diluting fullnodecount by having segwit nowitness mode is an attack
so making LN is an attack

.. at this point i can feel the rage of blockstreamists ready to pounce with their blockstream defender responses

so when something developed by blockstream is used to get more efficient, its ok. but its not blockstream sanctioned=attack
. hmmm i see..

might be easier for blockstreams partners to become more efficient instead of spitting out the dummy because they are not as efficient.

P.S if blockstream are so perfect and have the best codebase.. there should be no reason for so many 'fixes' via segwit because utopia should already have been coded in 2013
4918  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 08:19:35 AM
https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/dfwcki3/
Quote
I think that it is an attack is a completely unambiguous technical description of what it is. If a signature is supposed to resist forgery against 2128 operations, but you find a way to do it with 280 instead, this is an attack.

so libsecp256k1 "efficiency gain" is also an attack because it improved efficiency by 5x
so segwit quadratic/linear 'fix' is an attack because it improved efficiency
so when something developed by blockstream is used to get more efficient, its ok. but not blockstream=attack
. hmmm i see..

might be easier for blockstreams partners to become more efficient instead of spitting out the dummy because they are not as efficient.
4919  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 07:47:11 AM
How exactly do any UASF proposals break the immutability of Bitcoin? Serious question. Ledger will remain unchanged, Bitcoins will remain unchanged. What am I missing here?

(I am asking someone to tell me like I am 5 years old without posting a wall of text and non-referenced/tagged links. We can continue talking about this stuff in the echo chamber of bitcointalk but it'd be nice to have some digestible evidence for the community at large)

in short.
a block should only be rejected if it breaks the rules that consensus desire.

but if new banning mechanisms reject blocks because of WHO made the block. whereby the transaction data is acceptable, but rejected purely on biased/social reasons. then things start to go grey

whats next
lets say
Gmaxwell say "jihan is destroying coins by putting coins into a address.. so we must now increase the 21m coin cap" - even if no coins are destroyed
Gmaxwell say "jihan is going to split the network.. so we must now invoke our own split"- even if no split deadline  by non-core is made
Gmaxwell say "jihan could be using asicboost we need to destroy ASICS" - even if is btcc or f2pool that might be the ones using it
4920  Bitcoin / Bitcoin Discussion / Re: Well, well, well, now we know what Jihan Wus been up to. on: April 06, 2017, 07:09:18 AM
Apparently, Jihan Wu

apparently?
says.........
.... oh gmaxwell

hmm,
waiter wheres the salt

all i see is more social politics with no proof. all so gmaxwell can try playing the fake victim to get his control
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