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Author Topic: Bitcoin Project will be making a major announcement in September  (Read 53102 times)
scomil
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August 16, 2012, 07:18:56 AM
Last edit: September 25, 2012, 07:39:30 AM by hazek
 #1

Anyone here have any idea as to what Gavin was alluding to?

The Bitcoin Project will be making a major announcement in September that should contribute some stability, he said. Still, he predicted things will continue to be exciting in the world of Bitcoin with "continued controversy and chaos."

http://www.theverge.com/2012/8/15/3243200/bitcoin-ponzi-schemes-savings-and-trust

Second to last paragraph. Multisig?

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August 16, 2012, 09:25:32 AM
 #2

Anyone here have any idea as to what Gavin was alluding to?

The Bitcoin Project will be making a major announcement in September that should contribute some stability, he said. Still, he predicted things will continue to be exciting in the world of Bitcoin with "continued controversy and chaos."

http://www.theverge.com/2012/8/15/3243200/bitcoin-ponzi-schemes-savings-and-trust

Second to last paragraph. Multisig?



I don't think it is multisig since everyone already knows that is coming.

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August 16, 2012, 09:56:34 AM
 #3

Anyone here have any idea as to what Gavin was alluding to?

The Bitcoin Project will be making a major announcement in September that should contribute some stability, he said.

jp morgan, the original inventors of "project satoshi" will be taking over the project and acquiring bfl labs (but don't worry, refunding all the funds from pre-sales, .. in dollars though, at the prices quoted when prepayment was sent).


or not.

maybe it has to do with easier double spend detection plus a client that uses leveldb so full nodes are much easier.
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August 16, 2012, 10:01:13 AM
 #4

Bitcoin is going to be regulated as a currency.

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August 16, 2012, 01:29:45 PM
 #5

A worldwide Point of Sale system needing no extra hardware...
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August 16, 2012, 01:36:25 PM
 #6

0.7 release?  With raw transaction capabilities?

The only reason to limit the block size is to subsidize non-Bitcoin currencies
DutchBrat
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August 16, 2012, 01:46:15 PM
 #7

NO block reward halving in December and a change of the maximum amount of Bitcoin to 20 Billion

Just like a real central authority would do, Bitcoin's entrance in the real world  Grin
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August 16, 2012, 01:56:21 PM
 #8

NO block reward halving in December and a change of the maximum amount of Bitcoin to 20 Billion

Just like a real central authority would do, Bitcoin's entrance in the real world  Grin

All that would do is remove the developers from being Bitcoin developers. I realize you're probably joking but any newbies reading this thread should know that the developers don't have that kind of unilateral power over the network; miners and full nodes would have to update/migrate their software to accept this change.

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August 16, 2012, 02:01:57 PM
 #9

A worldwide Point of Sale system needing no extra hardware...

Doesn't this already sort of exist? If I owned a convenience store, I'd just have to access my blockchain.info wallet and turn it into a point of sale system, no? I could do it on a laptop, but in a pinch, it would even work with my phone.
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August 16, 2012, 02:09:13 PM
 #10

NO block reward halving in December and a change of the maximum amount of Bitcoin to 20 Billion

Just like a real central authority would do, Bitcoin's entrance in the real world  Grin

All that would do is remove the developers from being Bitcoin developers. I realize you're probably joking but any newbies reading this thread should know that the developers don't have that kind of unilateral power over the network; miners and full nodes would have to update/migrate their software to accept this change.

It was indeed a JOKE

Whatever it is that The Bitcoin Developers will announce it will no doubt bring us one step closer to getting Bitcoin out of the Beta stage !

Can't wait for the day Bitcoin 1.0 is launched Smiley
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August 16, 2012, 02:11:27 PM
 #11

I'm going to guess either a country or bank recognizing it as a currency.
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August 16, 2012, 02:11:38 PM
 #12

0.7 release?  With raw transaction capabilities?
+1

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August 16, 2012, 02:15:04 PM
 #13

A worldwide Point of Sale system needing no extra hardware...

Doesn't this already sort of exist? If I owned a convenience store, I'd just have to access my blockchain.info wallet and turn it into a point of sale system, no? I could do it on a laptop, but in a pinch, it would even work with my phone.
Yes, your right. I think the dream solution would be some software that would run on existing machines like credit card readers.

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August 16, 2012, 02:16:27 PM
 #14

Is this pre-announcement of a major announcement fueling the current rally ?

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August 16, 2012, 03:32:43 PM
 #15

Could be many things! 

1.0 version (most likely)
ASIC unfriendly changes (doubtful but possible)
some major player building in bitcoin support into a popular product
changes to the block reward (the halving)

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August 16, 2012, 03:46:47 PM
 #16

He'll be announcing that his relic collection will be being exhibited at The Guggenheim Museum in New York.

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August 16, 2012, 04:57:02 PM
 #17

A worldwide Point of Sale system needing no extra hardware...

Doesn't this already sort of exist? If I owned a convenience store, I'd just have to access my blockchain.info wallet and turn it into a point of sale system, no? I could do it on a laptop, but in a pinch, it would even work with my phone.

I think I have seen something in another thread somewhere, but as far as getting it adopted, I do not think it has happened.

Software is a mystery to the "un-geeked", so they are not going to to know what those steps are that you mentioned. It needs to be a "one-click" installation, ready to use.
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August 16, 2012, 05:00:05 PM
 #18

Most likely having multisig all finished and vetted for release.

We all know about multisig but it will likely be a significant enough update to warrant an announcement to those who have not been following.

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August 16, 2012, 05:01:02 PM
 #19

When I read the article yesterday, I just assumed it was multisig.
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August 16, 2012, 06:33:42 PM
 #20


My guesses:

1) Gavin is working for the CIA
2) Gavin is working for Goldman Sachs
3) Satoshi's real name will be revealed on the 11 o'clock news.


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