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TKeenan (OP)
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June 28, 2015, 05:56:21 PM |
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“We will wait and see what other core developers think of Gavin's proposal. But we will certainly not switch to the altcoin called 'Bitcoin' XT. It could set a very bad precedent if we do that. No matter who you are, you cannot make a new coin and declare it is 'Bitcoin' simply because you do not agree with other core developers.”
altcoin called Bitcoin XT? Not exactly. You see, the real bitcoin had no block size limit. Then, the an altcoin came with a 1MB limit. Therefore, what we have now is actually the altcoin. The real bitcoin, Satoshi's bitcoin has no limit. Therefore, Gavin's plan to gradually return closer to no limits - is not an altcoin as Fool2Pool suggests, it is actually a return to the real bitcoin.
Stop calling bitcoinXT an altcoin. If we have an altcoin, it is this current piece of shit with a 1MB limit.
Now we have all these core developers trying to find a way to make their 'lightning network' useful. They want to limit bitcoin blocksize to cause their Lightning network to become profitable. A clear conflict of interest. Forget side chains. Side chains is a totally different project. Those guys who want to do side chains are calling bitcoin XT an altcoin. This is bullshit. The real bitcoin is the bitcoin Gavin is trying to get back to without blocksize limits.
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NUFCrichard
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Activity: 1218
Merit: 1003
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June 28, 2015, 06:03:34 PM |
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Whether it would be an altcoin or the real bitcoin is semantics really.
Changing Bitcoin is a big deal, it has to be accepted, otherwise we will have a worthless real bitcoin and a worthless old bitcoin.
The name obviously shouldn't change, but I doubt it will
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TKeenan (OP)
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June 28, 2015, 06:08:54 PM |
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Whether it would be an altcoin or the real bitcoin is semantics really.
Changing Bitcoin is a big deal, it has to be accepted, otherwise we will have a worthless real bitcoin and a worthless old bitcoin.
The name obviously shouldn't change, but I doubt it will
Changing is a big deal. It shouldn't have been changed from the beginning with respect to blocksize. The only argument to keep 1mb limit is so Blockstream's sidechain project has a chance. There is nothing inherently wrong with 8MB. Stop fucking around and get rid of the limit. I can't believe the Chinese flip-flopped on this. It was their idea for the 8MB - now quit fucking around and do it. |
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gentlemand
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Welt Am Draht
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June 28, 2015, 06:12:23 PM |
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The real Bitcoin is the chain that most people use with the word Bitcoin slapped on it. Whether that's a chain with some technical tweaks or not, that's the only thing that counts. The stakes are far too high for bizarro posturing. If there is a second chain it'll wither in no time at all.
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twister
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June 28, 2015, 06:24:09 PM |
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“We will wait and see what other core developers think of Gavin's proposal. But we will certainly not switch to the altcoin called 'Bitcoin' XT. It could set a very bad precedent if we do that. No matter who you are, you cannot make a new coin and declare it is 'Bitcoin' simply because you do not agree with other core developers.”
altcoin called Bitcoin XT? Not exactly. You see, the real bitcoin had no block size limit. Then, the an altcoin came with a 1MB limit. Therefore, what we have now is actually the altcoin. The real bitcoin, Satoshi's bitcoin has no limit. Therefore, Gavin's plan to gradually return closer to no limits - is not an altcoin as Fool2Pool suggests, it is actually a return to the real bitcoin.
Stop calling bitcoinXT an altcoin. If we have an altcoin, it is this current piece of shit with a 1MB limit.
Now we have all these core developers trying to find a way to make their 'lightning network' useful. They want to limit bitcoin blocksize to cause their Lightning network to become profitable. A clear conflict of interest. Forget side chains. Side chains is a totally different project. Those guys who want to do side chains are calling bitcoin XT an altcoin. This is bullshit. The real bitcoin is the bitcoin Gavin is trying to get back to without blocksize limits.
This is something I don't hear everyday so it had no limit from the start and then it was changed and it's supposedly causing all the problems and now we're trying to go back to it again? Why was it changed btw? |
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gentlemand
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Welt Am Draht
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June 28, 2015, 06:24:51 PM |
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This is something I don't hear everyday so it had no limit from the start and then it was changed and it's supposedly causing all the problems and now we're trying to go back to it again? Why was it changed btw?
It was an anti spam measure. |
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twats
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June 28, 2015, 06:29:52 PM |
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Gavin is that you?
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TKeenan (OP)
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June 28, 2015, 06:54:22 PM |
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“We will wait and see what other core developers think of Gavin's proposal. But we will certainly not switch to the altcoin called 'Bitcoin' XT. It could set a very bad precedent if we do that. No matter who you are, you cannot make a new coin and declare it is 'Bitcoin' simply because you do not agree with other core developers.”
altcoin called Bitcoin XT? Not exactly. You see, the real bitcoin had no block size limit. Then, the an altcoin came with a 1MB limit. Therefore, what we have now is actually the altcoin. The real bitcoin, Satoshi's bitcoin has no limit. Therefore, Gavin's plan to gradually return closer to no limits - is not an altcoin as Fool2Pool suggests, it is actually a return to the real bitcoin.
Stop calling bitcoinXT an altcoin. If we have an altcoin, it is this current piece of shit with a 1MB limit.
Now we have all these core developers trying to find a way to make their 'lightning network' useful. They want to limit bitcoin blocksize to cause their Lightning network to become profitable. A clear conflict of interest. Forget side chains. Side chains is a totally different project. Those guys who want to do side chains are calling bitcoin XT an altcoin. This is bullshit. The real bitcoin is the bitcoin Gavin is trying to get back to without blocksize limits.
This is something I don't hear everyday so it had no limit from the start and then it was changed and it's supposedly causing all the problems and now we're trying to go back to it again? Why was it changed btw? Yep. Everyone screaming 'don't change! - it will fuck it up' - they don't know that the new increasing higher limits actually get us back to where the original was. 1MB was for spam. We don't have a serious spam problem yet, so put it back the original way. No problem. If you want to see problems, see what the sidechain fiasco from Blockstream is going to bring. That is the fiasco. Bitcoin without 1MB is just the original bitcoin. Time for the guys with personal motives to let the problems manifest so their solution can become valuable - to go away. |
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Amph
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June 28, 2015, 06:59:28 PM |
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“We will wait and see what other core developers think of Gavin's proposal. But we will certainly not switch to the altcoin called 'Bitcoin' XT. It could set a very bad precedent if we do that. No matter who you are, you cannot make a new coin and declare it is 'Bitcoin' simply because you do not agree with other core developers.”
altcoin called Bitcoin XT? Not exactly. You see, the real bitcoin had no block size limit. Then, the an altcoin came with a 1MB limit. Therefore, what we have now is actually the altcoin. The real bitcoin, Satoshi's bitcoin has no limit. Therefore, Gavin's plan to gradually return closer to no limits - is not an altcoin as Fool2Pool suggests, it is actually a return to the real bitcoin.
Stop calling bitcoinXT an altcoin. If we have an altcoin, it is this current piece of shit with a 1MB limit.
Now we have all these core developers trying to find a way to make their 'lightning network' useful. They want to limit bitcoin blocksize to cause their Lightning network to become profitable. A clear conflict of interest. Forget side chains. Side chains is a totally different project. Those guys who want to do side chains are calling bitcoin XT an altcoin. This is bullshit. The real bitcoin is the bitcoin Gavin is trying to get back to without blocksize limits.
This is something I don't hear everyday so it had no limit from the start and then it was changed and it's supposedly causing all the problems and now we're trying to go back to it again? Why was it changed btw? funny part is that it was satoshi intention to change it, so you can't really call it a non real bitcoin, like you can't call XT an altcoin, to my eyes this is only a fud attempt, from those that are running big mining business, and don't want to loss even the smallest profit |
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SebastianJu
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Legendary Escrow Service - Tip Jar in Profile
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June 29, 2015, 01:29:54 PM |
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TKeenan, you should not forget that Bitcoin back then was so unimportant that there was no need for implementing a limit. Thats important i think.
Bitcoin in itself will evolve and Bitcoin will always be the bitcoin that most accept it as the one. Otherwise bitcoin would have died long ago because the chain died. Its not the case.
Altcoins are altcoins because they exist beside bitcoins. In the case that bitcoin xt will be used by most bitcoin users then this will be THE Bitcoin and all other forks are an altcoin.
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Please ALWAYS contact me through bitcointalk pm before sending someone coins.
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spazzdla
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June 29, 2015, 02:29:36 PM |
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TKeenan, you should not forget that Bitcoin back then was so unimportant that there was no need for implementing a limit. Thats important i think.
Bitcoin in itself will evolve and Bitcoin will always be the bitcoin that most accept it as the one. Otherwise bitcoin would have died long ago because the chain died. Its not the case.
Altcoins are altcoins because they exist beside bitcoins. In the case that bitcoin xt will be used by most bitcoin users then this will be THE Bitcoin and all other forks are an altcoin.
When the block chain is 10 000 gigs in 2020 Bitcoin will die and an ALT will rise in it's place. XT will kill Bitcoin. |
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acquafredda
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June 29, 2015, 02:48:47 PM |
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This is something I don't hear everyday so it had no limit from the start and then it was changed and it's supposedly causing all the problems and now we're trying to go back to it again? Why was it changed btw?
It was an anti spam measure. Nietzsche will call this eternal return. The email was born a while ago and it seemed perfect: then people who wanted to have quick profit started to spam with it. And the email is still here even if there's a lot of spam around. The same is with BTC. I think it's possible to implement other antispam measures even with an unlimited block size. Or, at least, I hope so. |
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LiteCoinGuy
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In Satoshi I Trust
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June 29, 2015, 03:59:17 PM |
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“We will wait and see what other core developers think of Gavin's proposal. But we will certainly not switch to the altcoin called 'Bitcoin' XT. It could set a very bad precedent if we do that. No matter who you are, you cannot make a new coin and declare it is 'Bitcoin' simply because you do not agree with other core developers.”
altcoin called Bitcoin XT? Not exactly. You see, the real bitcoin had no block size limit. Then, the an altcoin came with a 1MB limit. Therefore, what we have now is actually the altcoin. The real bitcoin, Satoshi's bitcoin has no limit. Therefore, Gavin's plan to gradually return closer to no limits - is not an altcoin as Fool2Pool suggests, it is actually a return to the real bitcoin.
Stop calling bitcoinXT an altcoin. If we have an altcoin, it is this current piece of shit with a 1MB limit.
Now we have all these core developers trying to find a way to make their 'lightning network' useful. They want to limit bitcoin blocksize to cause their Lightning network to become profitable. A clear conflict of interest. Forget side chains. Side chains is a totally different project. Those guys who want to do side chains are calling bitcoin XT an altcoin. This is bullshit. The real bitcoin is the bitcoin Gavin is trying to get back to without blocksize limits.
100 points my friend. i will switch and support satoshis idea and that included bigger blocks. go gavin! |
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