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Author Topic: Time to stand up to the XT shills here!  (Read 10598 times)
Bit_Happy
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A Great Time to Start Something!


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November 10, 2015, 12:59:46 AM
 #281

Where is the happy ending?
How does the forkin' fun ever end?

HostFat
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I support freedom of choice


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November 10, 2015, 01:00:09 AM
 #282

I was referring to the centralisation as a harmful situation for the network, the thing that everyone is afraid of.

The next time I will not write "centralization", but I'll write "centralization-AND-where-miners-do-bad-things" Shocked

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brg444
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Bitcoin replaces central, not commercial, banks


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November 10, 2015, 01:01:35 AM
 #283

Where is the happy ending?
How does the forkin' fun ever end?

When the forkin phorkers fork off.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
brg444
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November 10, 2015, 01:02:46 AM
Last edit: November 10, 2015, 01:19:56 AM by brg444
 #284

I was referring to the centralisation as a harmful situation for the network, the thing that everyone is afraid of.

Miners' centralized block validation creates a network forkfork themselves off the network.



Nothing to see here.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
Cconvert2G36
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November 10, 2015, 01:13:00 AM
 #285

I was referring to the centralisation as a harmful situation for the network, the thing that everyone is afraid of.

Miners' centralized block validation creates a network fork



Nothing to see here.


Some of the giant chinese mining pools are currently centralizing the validation of every transactions they mine.

Do you find that to be a concern?

I do. And I recall some of them paid dearly for that recently, so they might be thinking about it too.

What part of "they're still doing" did you not understand?

You'd think they would've stopped by now if really it wasn't profitable.

But no, we'll just pretend that a couple of dropped blocks undermined weeks and months of cheating the system.  

"That'll make em learn"!

Roll Eyes

So we should be really afraid of miners solving blocks that will be rejected by the rest of the network?

You guys have such interesting concerns.

You can't "fork" the network with invalid blocks.
brg444
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November 10, 2015, 01:19:21 AM
 #286

I stand corrected, should've said fork *themselves* off the network.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
CIYAM (OP)
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November 10, 2015, 03:33:41 AM
 #287

Well - I think this topic has veered entirely off-topic now so I'm going to lock it.

It is obvious who the main XT shills are on this forum and we'll see them in numerous other topics no doubt.

With CIYAM anyone can create 100% generated C++ web applications in literally minutes.

GPG Public Key | 1ciyam3htJit1feGa26p2wQ4aw6KFTejU
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