Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)

[brg444]

In true cypherpunk fashion Peter Wuille just hammered the final nails into Bitcoin bloaters coffin, with code.

[theymos]

Tehehe:   https://www.reddit.com/r/btc/comments/3vpb0u/think_bitcoin_20_is_a_good_idea_had_dreams_of/

(I await the wall of [deleted] when people start realizing how embarrassing their comments are...)

LOL

(I still don't agree with your and Satoshi's dislike of Bitcoin data transactions, though. I still think that my old BitDNS idea, while flawed, would work better than Namecoin or a sidechain.)

[danielW]

hmm, I made a post on reddit informing them but deleted it now, I wont spoil your guys party. Well played tho, many XT supporters again exposed as partisan tribal haters.

[Zarathustra]

In true cypherpunk fashion Peter Wuille just hammered the final nails into Bitcoin bloaters coffin, with code.

As predicted: They'll be forced to present proposals that raise their beloved limit. It's the market, stupid!

The business model to destroy transactions with the intended artificial fee market is now officially #REKT

[marcus_of_augustus]

still as clueless as ever ...

[Lauda]

Segregated witness has obliterated both BIP101 and XT. Cheers to the Core developers for actually providing a real solution. It can even be done with a soft fork.

[gmaxwell]

Segwitness is awesome... and an actual advance in scalablity, not just a parameter twiddle that eats into the safety margin.

In other news, this site is the new hottness on Reddit: http://bitcoinocracy.com/ ... actually, I'm a bit surprised that the 101 supporters had that many coins available without the industrial pro-XT crowd substantially dipping into customer funds (I assume we'll notice when that happens...).

[Zarathustra]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

[BitUsher]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

Offtopic? Why does CryptoNote need to be mentioned here or the presentation? Segregated Witness is a really old concept that has been discussed in the Bitcoin community back in 2011 from Russel Oconnor.

[Zarathustra]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

Offtopic? Why does CryptoNote need to be mentioned here or the presentation?

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

[brg444]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

Offtopic? Why does CryptoNote need to be mentioned here or the presentation?

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

You seem rather panicked?

Are you panicking yet?

[BitUsher]

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

If the ideas didn't come from Cryptonote developers(In fact cryptonote developers took the ideas from the bitcoin community) and none of the code was borrowed or forked from Cryptonote than what is the point? It is quite possible that the blocksteam devs weren't even aware of Cryptonote seg witness and were simply carrying on with developing what was being discussed since 2011 in the bitcoin community.

Even if the ideas were taken ... what is the point? This is open source... why are you bitter? Are you a cryptonote pumper?

Shouldn't you be happy for bitcoin that Wuille and Luke-jr solved some major problems with bitcoin with an ingenious solution that has been discussed since 2011?

[brg444]

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

If the ideas didn't come from Cryptonote developers(In fact cryptonote developers took the ideas from the bitcoin community) and none of the code was borrowed or forked from Cryptonote than what is the point? It is quite possible that the blocksteam devs weren't even aware of Cryptonote seg witness and were simply carrying on with developing what was being discussed since 2011 in the bitcoin community.

Even if the ideas were taken ... what is the point? This is open source... why are you bitter? Are you a cryptonote pumper?

Don't bother with him.

Most of it is panic from the fact that once again Core prevails and him and his shitty crew is on the verge of being irrelevant (if we pretend they weren't already).

[Zarathustra]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

Offtopic? Why does CryptoNote need to be mentioned here or the presentation?

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

Are you panicking yet?

Why? My prediction came true. The pressures of the marketplace force them to raise the block capacity. The business model of an artificial fee market (which you are cheerleading) is officially REKT anyway.
The stalemate could go on for some months, but the market will enforce a decision.


u/hugolp 2 points an hour ago

    and a way to really annoy /u/mike_hearn with a really humungous soft fork.

Is this just a joke or would it really annoy him? If so why?


u/edmundedgar 3 points an hour ago

For a long time he's been making an argument - I think correctly FWIW - that hard forks should be preferred over soft forks. Soft forks are a nasty hack where old nodes are tricked into thinking they're validating transactions, but really they're not because the rules have changed in some way they're not aware of.

This is a huge monster soft fork where by old nodes are completely unaware that the signatures they need to validate even exist.

[brg444]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

Offtopic? Why does CryptoNote need to be mentioned here or the presentation?

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

Are you panicking yet?

Why? My prediction came true.

Why? Because Core prevails and your shitty attempt at a governance coup failed.

[Zarathustra]

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

https://np.reddit.com/r/btc/comments/3vqkat/segregated_witness_allows_us_to_soft_fork_a_block/cxptr9e

Offtopic? Why does CryptoNote need to be mentioned here or the presentation?

Because ...

The original implementation of segregated witness was also CryptoNote coins, as I mention here. Wuille's presentation fails to credit this alternative cryptocurrency at all (as did the Elements sidechains presentations/implementation/notes). Ironically the second time a major Bitcoin soft fork has come from an alt.

Are you panicking yet?

Why? My prediction came true.

Why?

My prediction came true. The pressures of the marketplace force them to raise the block capacity. The business model of an artificial fee market (which you are cheerleading) is officially REKT anyway. Means: dead. Which is great.

[BitUsher]

Don't bother with him.

Most of it is panick from the fact that once again Core prevails and him and his shitty crew is on the verge of being irrelevant (if we pretend they weren't already).

Ohh... I understand, he is bitter and lashing out because he didn't think blockstreem would  develop better solutions than BIP 101. I hope he comes around and assumes that everyone has good faith whether they are Gavin or Wuille. This is really petty and we need to get beyond this for the sake of bitcoin.

[brg444]

My prediction came true. The pressures of the marketplace force them to raise the block capacity. The business model of an artificial fee market (which you are cheerleading) is officially REKT anyway. Means: dead. Which is great.

Moral victories is for minor league coaches - Jay-Z

[Zarathustra]

Don't bother with him.

Most of it is panick from the fact that once again Core prevails and him and his shitty crew is on the verge of being irrelevant (if we pretend they weren't already).

Ohh... I understand, he is bitter and lashing out because he didn't think blockstreem would  develop better solutions than BIP 101. I hope he comes around and assumes that everyone has good faith whether they are Gavin or Wuille. This is really petty and we need to get beyond this for the sake of bitcoin.

No, I knew what will come:

https://bitcointalk.org/index.php?topic=1162684.msg12955016;topicseen#msg12955016

[brg444]

Don't bother with him.

Most of it is panick from the fact that once again Core prevails and him and his shitty crew is on the verge of being irrelevant (if we pretend they weren't already).

Ohh... I understand, he is bitter and lashing out because he didn't think blockstreem would  develop better solutions than BIP 101. I hope he comes around and assumes that everyone has good faith whether they are Gavin or Wuille. This is really petty and we need to get beyond this for the sake of bitcoin.

No, I knew what will come:

https://bitcointalk.org/index.php?topic=1162684.msg12955016;topicseen#msg12955016