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Author Topic: BlockStream or BitcoinXT? Those are your choices, gentlemen.  (Read 6836 times)
VeritasSapere
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August 25, 2015, 03:17:51 PM
 #141

I would like to point out here that this has become a political problem, not a technical problem. We should try to look at this from a political and economics perspective. Part of the problem might be that some people are looking at this, as if it is an engineering problem when it is far more political in nature.

https://www.youtube.com/watch?v=YaaknMDbQGc
hdbuck
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August 25, 2015, 03:25:52 PM
 #142

I would like to point out here that this has become a political problem, not a technical problem. We should try to look at this from a political and economics perspective. Part of the problem might be that some people are looking at this, as if it is an engineering problem when it is far more political in nature.

https://www.youtube.com/watch?v=YaaknMDbQGc

Its more a technical problem that has been made into a political one. Make of that what you will....

HOW ABOUT YOU PUT IT BACK UP WHERE IT CAME FROM? MR TECHNICAL EXPRETTT.
adamstgBit
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August 25, 2015, 03:28:02 PM
 #143

I would like to point out here that this has become a political problem, not a technical problem. We should try to look at this from a political and economics perspective. Part of the problem might be that some people are looking at this, as if it is an engineering problem when it is far more political in nature.

https://www.youtube.com/watch?v=YaaknMDbQGc

Its more a technical problem that has been made into a political one. Make of that what you will....

HOW ABOUT YOU PUT IT BACK UP WHERE IT CAME FROM? MR TECHNICAL EXPRETTT.
doesn't belong there anymore

techinal problem is solved ( up the limit ) the details as to how that solution should be implement is more political  than technical

sAt0sHiFanClub
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August 25, 2015, 03:34:16 PM
 #144

I would like to point out here that this has become a political problem, not a technical problem. We should try to look at this from a political and economics perspective. Part of the problem might be that some people are looking at this, as if it is an engineering problem when it is far more political in nature.

https://www.youtube.com/watch?v=YaaknMDbQGc

Its more a technical problem that has been made into a political one. Make of that what you will....

HOW ABOUT YOU PUT IT BACK UP WHERE IT CAME FROM? MR TECHNICAL EXPRETTT.

So much for having me on ignore, you retard.  Cheesy Lying is just second nature to you, isn't it?


We must make money worse as a commodity if we wish to make it better as a medium of exchange
hdbuck
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August 25, 2015, 03:35:37 PM
 #145

I would like to point out here that this has become a political problem, not a technical problem. We should try to look at this from a political and economics perspective. Part of the problem might be that some people are looking at this, as if it is an engineering problem when it is far more political in nature.

https://www.youtube.com/watch?v=YaaknMDbQGc

Its more a technical problem that has been made into a political one. Make of that what you will....

HOW ABOUT YOU PUT IT BACK UP WHERE IT CAME FROM? MR TECHNICAL EXPRETTT.
doesn't belong there anymore

techinal problem is solved ( up the limit ) the details as to how that solution should be implement is more political  than technical

you wish adam.. you wish.  Kiss
VeritasSapere
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August 28, 2015, 04:54:33 PM
 #146

I have written this article, even though I do still need to respond to some of the things said on this thread, I will get to it, been busy, including writing this article and giving a speech on the subject. Will post it here, I was thinking that people here might appreciate what I have created. Smiley

https://bitcointalk.org/index.php?topic=1164464.msg12267335#msg12267335
Pab
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August 28, 2015, 05:10:40 PM
 #147

@BitProdigy Thank you very much for explanation,i didnt know how dangerous it is for Btc

Can somebody tell me do XT developers are aware that thay are creating btc killer
thay are technology advanced and propably very good devs,so i think thay are aware
Did somebody pay them for doing that


 
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.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
stereotype
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August 28, 2015, 07:10:19 PM
Last edit: August 28, 2015, 07:25:17 PM by stereotype
 #148

I have written this article, even though I do still need to respond to some of the things said on this thread, I will get to it, been busy, including writing this article and giving a speech on the subject. Will post it here, I was thinking that people here might appreciate what I have created. Smiley

https://bitcointalk.org/index.php?topic=1164464.msg12267335#msg12267335

Respect for the well thought out posting. Just hope the Theymos censorship patrol show mercy on you.  Undecided
Gimpeline
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August 28, 2015, 07:24:23 PM
 #149

As long as the blacklist crap is there I wont support it. Yes i know it an be bypassed, bla bla bla....
The reason that I am sceptic to it is that they had the nerve to put it in there in the first place.
it dosn't really matter if it was put in to protect against ddos or whatever. Blacklisting for whatever reason does not belong in the code
turvarya
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August 28, 2015, 07:33:52 PM
 #150

As long as the blacklist crap is there I wont support it. Yes i know it an be bypassed, bla bla bla....
The reason that I am sceptic to it is that they had the nerve to put it in there in the first place.
it dosn't really matter if it was put in to protect against ddos or whatever. Blacklisting for whatever reason does not belong in the code
You are a stupid fucking idiot, talking about things he doesn't understand.
There is no blacklist. The End. There are really enough posts on this forum explaining that, but no, you rather listen to some random guy called turtlehurrican, who doesn't know shit about programming(but hey he can copy code from github, which is a pretty useless skill) and who just enjoyed his 15 minutes of fame and all the sheep running behind him.

https://forum.bitcoin.com/
New censorship-free forum by Roger Ver. Try it out.
bambou
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August 28, 2015, 07:35:01 PM
Last edit: August 28, 2015, 07:46:44 PM by bambou
 #151

I choose Bitcoin.












n00bs.

Non inultus premor
Pab
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August 29, 2015, 06:44:06 PM
 #152


 I have found good article,new altcoin created from XT fork,whatever it may hurt btc as well

http://www.finance-guy.net/finblog/bitcoin-forkin-war


 
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.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
turvarya
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August 29, 2015, 07:03:59 PM
 #153


 I have found good article,new altcoin created from XT fork,whatever it may hurt btc as well

http://www.finance-guy.net/finblog/bitcoin-forkin-war


Not this again. The first sentence is already wrong
Quote
On August 15th, Bitcoin XT was released, creating what is known as a 'fork' in the blockchain.   
Seriously, couldn't you find an article, that gets at least the first sentence right?

https://forum.bitcoin.com/
New censorship-free forum by Roger Ver. Try it out.
Klestin
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August 29, 2015, 07:11:14 PM
 #154

What is exactly a low value transaction? Your definition. Because some low value transactions have been uneconomic for a long time already.

I find this amusing for two reasons:

- The standard fee for plain everyday transactions you'd like to confirm quickly is 0.00005 BTC.  At current exchange rates, that's 1.1 cents.
- A basic 0-fee transaction will generally confirm within a few days, if you really can't afford that 1.1 cent fee.

There you go - two options that are by no definition 'uneconomic'. 
VeritasSapere
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August 29, 2015, 07:48:10 PM
 #155

What is exactly a low value transaction? Your definition. Because some low value transactions have been uneconomic for a long time already.

I find this amusing for two reasons:

- The standard fee for plain everyday transactions you'd like to confirm quickly is 0.00005 BTC.  At current exchange rates, that's 1.1 cents.
- A basic 0-fee transaction will generally confirm within a few days, if you really can't afford that 1.1 cent fee.

There you go - two options that are by no definition 'uneconomic'. 
If we do not increase the blocksize and there is a significant increase in adoption then transacting on the main chain would become prohibitively expensive. At this point the only alternative which would provide sufficient scale is using third parties on top of Bitcoin. You could also just use another cryptocurrency instead of Bitcoin, which is what I would do in this situation. This article explains well the economics of not increasing the block size and what the consequences of this most likely would be:

https://bitcointalk.org/index.php?topic=946236.0
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