BLOCKSTREAM Appreciation Thread

[BlindMayorBitcorn]

You know what to do.


Appreciate!

[bhodson]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

[keepdoing]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

The main thing that would be helpful to come out of Blockstream is humility.  

Oh wait, no need to be humble when you are doing everything because everyone else is incompetent, and you know what is best for everyone else, and you can prove it by the simple fact that you have a vote and can wield it to block anyone that says otherwise.

My prediction is that in the end, Blockstream arrogance will result in Bitcoin XT or some sort of FiatCoin.  They have wasted so much time that could have been spend productively - by creating this toxic stalemate environment.  But when a financial shock hits, and people are running screaming for the exit doors - the only thing that will be ready is XT, and I predict a succesful Fork will occur.  Those remaining on the Core chain will eventually watch Bitcoin become an illegal alt.  And I hate it - but I don't have a vote.  I just read the obvious tea leaves.

Entitled Arrogance and Selfishness - not much to be appreciated there.

[keepdoing]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

I've got news for you.... you've gotten all you are going to get.  The Core Dev Team is a failed sham.  They've given you their solution.... Lightening Network/Liquid/Blockstream.  Period.  Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth.  This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL.

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model. 

The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake.   Blockstream is positioning itself to be the "New Fiat Central Authority".   Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control?

I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject.  As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev.

https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw  <<READ!

Everybody that really doesn't know anything about this should read it.  Because it is the truth.  And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core.  Leadership is needed fast. 

[BitcoinNewsMagazine]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

I've got news for you.... you've gotten all you are going to get.  The Core Dev Team is a failed sham.  They've given you their solution.... Lightening Network/Liquid/Blockstream.  Period.  Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth.  This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL.

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model. 

The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake.   Blockstream is positioning itself to be the "New Fiat Central Authority".   Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control?

I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject.  As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev.

https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw  <<READ!

Everybody that really doesn't know anything about this should read it.  Because it is the truth.  And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core.  Leadership is needed fast. 

Thanks for this. How do you feel about the SegWit roadmap laid out in the capacity increases FAQ?

[BlindMayorBitcorn]

Blockstream^TM is taking a conservative approach. SegWit soft fork, see how that goes. Then Lightning Network and some sidechains and we'll be good to go. Isn't it? I don't "code" or have any particular "insights". But I can appreciate that.

I mean, 2mb/4mb/8mb, what difference does it make; it will never be enough for the sloppy mob of Backpagers pounding at the doors. We have serious business to conduct. Amirite?

[brg444]

 

Cheers!!!!!!!

[keepdoing]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

I've got news for you.... you've gotten all you are going to get.  The Core Dev Team is a failed sham.  They've given you their solution.... Lightening Network/Liquid/Blockstream.  Period.  Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth.  This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL.

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model. 

The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake.   Blockstream is positioning itself to be the "New Fiat Central Authority".   Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control?

I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject.  As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev.

https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw  <<READ!

Everybody that really doesn't know anything about this should read it.  Because it is the truth.  And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core.  Leadership is needed fast. 

Thanks for this. How do you feel about the SegWit roadmap laid out in the capacity increases FAQ?

Well, first let me make it clear that I am not necessarily against Segregated Witness.  NOR am I anti-Blockstream (specificaly the technology concept of Lightning/Liquid/Sidechains etc).  I am all for Side Chain technology as an OPTION for anyone that wants to use it, and I think it adds to the overall ecosystem.  SegWit still is a bit murky to me - but overall I have no problem with the concept or rollout at some point, because it "appears" that it will help to strengthen the overall technology.

With that said, I will address in brief concept my response to your question.......

I think it is too little too late.  I think it is nothing more than another stall tactic on the part of the Blockstream Players.  It is just another thinly veiled attempt to deflect attention away from increasing block size - in order to buy more time to solidify Blockstream Side Chains.

I am against it because it is dishonest, manipulative, and involves a serious conflict of interest in which people that have direct monetary/fiduciary interests in NOT raising block size - and I am absolutely and utterly pissed off that they are allowed to continue to spin lying FUD without getting any pushback from the media.

SPECIFICALLY in regards to timing.... it will NOT be enough to handle what many forsee as what could be a year in which transaction volume EXPLODES.

There is an old adage in business, that one of the worst possible things that can happen to a young business.... is that they grow TOO FAST.  They aren't ready for it, they fail, lose cred, and in doing so often simply help drive public interest to the point that someone else then steps in and capitolizes from the initial businesses idea and subsequent failure.  That initial business often never recovers.

This is where we are in Bitcoin right now..... at the edge of a massive influx in "business" / volume.  The Segwit Roadmap is a roadmap to not being ready to handle the explosion, and subsequent failure.  Ironically, it may lead to the implementation of XT or Fiatcoin.

[keepdoing]

Blockstream^TM is taking a conservative approach. SegWit soft-fork, see how that goes. Then Lightening Network and some sidechains and we'll be good to go. Isn't it? I don't "code" or have any particular "insights". But I can appreciate that.

I mean, 2mb/4mb/8mb, what difference does it make; it will never be enough for the sloppy mob of Backpagers pounding at the doors. We have serious business to conduct. Amirite?

I applaud your honesty, even though I disagree with you.  You are at least clear and transparent with your position.  That is NOT the case with the majority of the Blockstream Players. 

But I will address the flaw in your argument, with the entire Blockstream argument for that matter..... you act as if raising the block limit kills the possibility of creating sidechains to handle much of the smaller "day to day account volume". 

The problem is that raising the block size doesn't kill your possibility, but not raising kills many many other possibilities, and only leaves your solution.  That really stinks of a Fiat Style position.  We have Two (2) Fiat Threats to Bitcoin....

1) the existing Fiat Bankers that would love nothing better than to control and stifle anonymity and freedom to build out the bitcoin network into many many directions.

AND

2) the New Fiat BLockstream that would love nothing better than to control and stifle anonymity and freedom to build out the bitcoin network into many many directions.

That is the irony of the Blockstream Sales Pitch..... they desire to be what they tell everyone to fear.

[BlindMayorBitcorn]

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model.  
  

Recognizing our self-serving biases is an important first-step toward cognitive humility. The fact is humans tend to be better at remembering and integrating information consistent with our beliefs. Conflict of interest is an extention of this that anyone involved in something as important as Bitcoin would certainly be mindful of; no self-respecting cypherpunk would seek to profit from their position at the expense of the project.

That's why the Blockstream^TM suite of products will all be open source. For the community.

[Cconvert2G36]

A heartfelt thanks to the investors in Blockstream™, led by Reid Hoffman, Khosla Ventures and Real Ventures, with investments from Nicolas Berggruen, Crypto Currency Partners, Future\Perfect Ventures, Danny Hillis, Eric Schmidt’s Innovation Endeavors, Max Levchin, Mosaic Ventures, Ray Ozzie, Ribbit Capital, Jerry Yang’s AME Cloud Ventures and several others. Your goals are our goals.

[Xapodat]

The main thing that would be helpful to come out of Blockstream is humility.  

Oh wait, no need to be humble when you are doing everything because everyone else is incompetent, and you know what is best for everyone else, and you can prove it by the simple fact that you have a vote and can wield it to block anyone that says otherwise.

My prediction is that in the end, Blockstream arrogance will result in Bitcoin XT or some sort of FiatCoin.  They have wasted so much time that could have been spend productively - by creating this toxic stalemate environment.  But when a financial shock hits, and people are running screaming for the exit doors - the only thing that will be ready is XT, and I predict a succesful Fork will occur.  Those remaining on the Core chain will eventually watch Bitcoin become an illegal alt.  And I hate it - but I don't have a vote.  I just read the obvious tea leaves.

Entitled Arrogance and Selfishness - not much to be appreciated there.

That is my main concern. Is Blockstream the main force behind the indecision to increase the block size?

[BlindMayorBitcorn]

Your appreciation is being processed. Moderators are standing-by to assist you. Please hold while your post is placed in priority sequence.

[AtheistAKASaneBrain]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

I've got news for you.... you've gotten all you are going to get.  The Core Dev Team is a failed sham.  They've given you their solution.... Lightening Network/Liquid/Blockstream.  Period.  Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth.  This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL.

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model.  

The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake.   Blockstream is positioning itself to be the "New Fiat Central Authority".   Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control?

I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject.  As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev.

https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw  <<READ!

Everybody that really doesn't know anything about this should read it.  Because it is the truth.  And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core.  Leadership is needed fast.  

Nice FUD. Bitcoin will never scale to global levels without a layer like Lightning Network, only a clueless delusional person would argue otherwise at this point. So what have they done to scale Bitcoin? searched for solutions, and Lightning Network is way more useful than this post which contributes nothing new but crying for bigger blocks (as if that solves anything long term). Even BIP101 shows how it would take decades to reach the current VISA ts/ps volume in like 2030 which is is absolutely stupid since by then VISA would improve too. LN is the only way we can scale to massive levels, unless you can prove otherwise you are wasting everyone's time. The blocksize will be raised when needed, and soon we'll have it at like 2MB or something which is enough to give them more time to work on LN. The only truth here is you need to study more (assuming you don't have an agenda).

[BlindMayorBitcorn]

Your appreciation is important to us. Please note: This thread may be monitored for quality assurance purposes.

[keepdoing]

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

I've got news for you.... you've gotten all you are going to get.  The Core Dev Team is a failed sham.  They've given you their solution.... Lightening Network/Liquid/Blockstream.  Period.  Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth.  This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL.

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model.  

The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake.   Blockstream is positioning itself to be the "New Fiat Central Authority".   Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control?

I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject.  As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev.

https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw  <<READ!

Everybody that really doesn't know anything about this should read it.  Because it is the truth.  And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core.  Leadership is needed fast.  

Nice FUD. Bitcoin will never scale to global levels without a layer like Lightning Network, only a clueless delusional person would argue otherwise at this point. So what have they done to scale Bitcoin? searched for solutions, and Lightning Network is way more useful than this post which contributes nothing new but crying for bigger blocks (as if that solves anything long term). Even BIP101 shows how it would take decades to reach the current VISA ts/ps volume in like 2030 which is is absolutely stupid since by then VISA would improve too. LN is the only way we can scale to massive levels, unless you can prove otherwise you are wasting everyone's time. The blocksize will be raised when needed, and soon we'll have it at like 2MB or something which is enough to give them more time to work on LN. The only truth here is you need to study more (assuming you don't have an agenda).

Speaking of clueless, delusional, lying FUD.... What are you talking about??

Nobody has said anything against a Lightning Network.  To the contrary, I have clearly stated support.  I have clearly stated that I have NO opposition to SegWit either.

This is just more manipulative misdirection.  The reason the bitcoin community is divided, and the door being opened wide for competitive Forks and Fiat coins being opened..... is because BLOCKSTREAM Players have decided what is good for everyone else, and has decided what technology paths are OK, and which are NOT.

Sort of a conflict of interest that it is only technology solutions that support Sidechain ONLY buildout that they allow to grow.  This type of suffocating control is just the same type of Crap that we have from the existing Fiat Banks.

Heil Blockstream!  They know what is best for ALL.

[BlindMayorBitcorn]

ATTENTION: If you did not just attempt to appreciate Blockstream^TM, DO NOT CLICK THE APPRECIATION THREAD. A third party may be attempting to appreciate on your behalf.

[keepdoing]

ATTENTION: If you did not just attempt to appreciate Blockstream^TM, DO NOT CLICK THE APPRECIATION THREAD. A third party may be attempting to appreciate on your behalf.

ALL HEIL BLOCKSTREAM^TM!!!

The 4th Reich of Fiat Governance Rises!

Appreciate them - for they know what is best for YOU!

how's that for appreciation  

[gentlemand]

Hey, Blockstream. I bought a souped up George Foreman grill off a darknet marketplace. It's shit. Will you arrange a refund for me?

[thejaytiesto]

Blockstream^TM is taking a conservative approach. SegWit soft-fork, see how that goes. Then Lightening Network and some sidechains and we'll be good to go. Isn't it? I don't "code" or have any particular "insights". But I can appreciate that.

I mean, 2mb/4mb/8mb, what difference does it make; it will never be enough for the sloppy mob of Backpagers pounding at the doors. We have serious business to conduct. Amirite?

I applaud your honesty, even though I disagree with you.  You are at least clear and transparent with your position.  That is NOT the case with the majority of the Blockstream Players.  

But I will address the flaw in your argument, with the entire Blockstream argument for that matter..... you act as if raising the block limit kills the possibility of creating sidechains to handle much of the smaller "day to day account volume".  

The problem is that raising the block size doesn't kill your possibility, but not raising kills many many other possibilities, and only leaves your solution.  That really stinks of a Fiat Style position.  We have Two (2) Fiat Threats to Bitcoin....

1) the existing Fiat Bankers that would love nothing better than to control and stifle anonymity and freedom to build out the bitcoin network into many many directions.

AND

2) the New Fiat BLockstream that would love nothing better than to control and stifle anonymity and freedom to build out the bitcoin network into many many directions.

That is the irony of the Blockstream Sales Pitch..... they desire to be what they tell everyone to fear.

The only irony here is the fact that big bank corporations and the powers that be would love bigger blocks to bribe and keep under control the big datacenters that would be running said nodes due the resources needed to run them (its difficult for the average user to run a node now image if they keep getting bigger, and you are indeed delusional if you think technology will get increasingly better to support nodes for the average user to run specially worldwide).
The number of nodes is low NOW, we should be making it easier on the average user not the opposite (and by average I mean a decent computer and decent internet connection).

I appreciate anyone coming up with new ideas for Bitcoin.  Hope to hear many new suggestions and ideas from Blockstream over the next 12 months.

I've got news for you.... you've gotten all you are going to get.  The Core Dev Team is a failed sham.  They've given you their solution.... Lightening Network/Liquid/Blockstream.  Period.  Under no circumstances will there be any meaningful discussion that includes raising the block size, making it intelligently scalable based on growth.  This way they protect what is important to them.... THEIR CONTROL OVER THEIR ECONOMIC BUSINESS MODEL.

Keyword above is "business".  They have a HUGE conflict of interest in that they are making decisions based on what is good for their business model.  

The biggest SCAM in the entire Bitcoin System is Blockstreams whole "Us vs the Fiat System" headfake.   Blockstream is positioning itself to be the "New Fiat Central Authority".   Seriously, if Bitcoin were to eventually grow to its potential and become the global currency - do you really want this group of special interest frauds to have total control?

I can't believe I am going to say this, It makes me want to VOMIT that I am getting ready to suggest that everyone read Mike Hearn's November letter on this subject.  As much as I hate the current XT release, and think Mike is totally untrustworthy as well, he has totally nailed it in this letter in regards to Blockstream and Core Dev.

https://medium.com/block-chain/on-block-sizes-e047bc9f830#.raipo96xw  <<READ!

Everybody that really doesn't know anything about this should read it.  Because it is the truth.  And this is NOT my support for current XT - but I will say it again, if the Core Dev can't eliminate the biased, conflicted interest comitters - then XT or a Fedcoin may very well surface to effectively kill the current Bitcoin Core.  Leadership is needed fast.  

Nice FUD. Bitcoin will never scale to global levels without a layer like Lightning Network, only a clueless delusional person would argue otherwise at this point. So what have they done to scale Bitcoin? searched for solutions, and Lightning Network is way more useful than this post which contributes nothing new but crying for bigger blocks (as if that solves anything long term). Even BIP101 shows how it would take decades to reach the current VISA ts/ps volume in like 2030 which is is absolutely stupid since by then VISA would improve too. LN is the only way we can scale to massive levels, unless you can prove otherwise you are wasting everyone's time. The blocksize will be raised when needed, and soon we'll have it at like 2MB or something which is enough to give them more time to work on LN. The only truth here is you need to study more (assuming you don't have an agenda).

Speaking of clueless, delusional, lying FUD.... What are you talking about??

Nobody has said anything against a Lightning Network.  To the contrary, I have clearly stated support.  I have clearly stated that I have NO opposition to SegWit either.

This is just more manipulative misdirection.  The reason the bitcoin community is divided, and the door being opened wide for competitive Forks and Fiat coins being opened..... is because BLOCKSTREAM Players have decided what is good for everyone else, and has decided what technology paths are OK, and which are NOT.

Sort of a conflict of interest that it is only technology solutions that support Sidechain ONLY buildout that they allow to grow.  This type of suffocating control is just the same type of Crap that we have from the existing Fiat Banks.

Heil Blockstream!  They know what is best for ALL.

it is a free market, anyone is free to start their own company and offer a better layer/solution to scale up, my question is.. has anyone made as much progress as LN/elements project?

[BlindMayorBitcorn]

What the hell did you just say about me, you little bloatcoiner? I’ll have you know I graduated top of my class in cryptography, and I’ve been involved in numerous secret missions for Blockstream^TM, and I have over 300 confirmed microbits. I am trained in crypto and I’m the top cryptographer at Blockstream^TM. You are nothing to me but just another bloatcoiner. I will wipe the bloat out with precision the likes of which has never been seen before on this forum, mark my words. You think you can get away with saying that to me over the interwebs? Think again, bloatcoiner. As we speak I am contacting my coder network of coders across various social medias and your IP is being traced right now so you better prepare for the Blockstream^TM. The stream that wipes out the pathetic little thing you call your life. You’re crippled, kid. I can be anywhere, anytime, and I can cripple bloat in over seven hundred languages. Not only am I extensively trained in crippling bloat, but I have access to the entire Blockstream^TM arsenal and I will use it to its full extent to wipe your miserable bloat boat off the face of the continent. If only you could have known what unholy retribution your little “heil” comment was about to bring down upon you, maybe you would have held your bloated tongue. But you couldn’t, you didn’t, and now you’re paying the price. I will stream fury all over you and you will drown in it.

[keepdoing]

What the hell did you just say about me, you little bloatcoiner? I’ll have you know I graduated top of my class in cryptography, and I’ve been involved in numerous secret missions for Blockstream^TM, and I have over 300 confirmed microbits. I am trained in crypto and I’m the top cryptographer at Blockstream^TM. You are nothing to me but just another bloatcoiner. I will wipe the bloat out with precision the likes of which has never been seen before on this forum, mark my words. You think you can get away with saying that to me over the interwebs? Think again, bloatcoiner. As we speak I am contacting my coder network of coders across various social medias and your IP is being traced right now so you better prepare for the Blockstream^TM. The stream that wipes out the pathetic little thing you call your life. You’re crippled, kid. I can be anywhere, anytime, and I can cripple bloat in over seven hundred languages. Not only am I extensively trained in crippling bloat, but I have access to the entire Blockstream^TM arsenal and I will use it to its full extent to wipe your miserable bloat boat off the face of the continent. If only you could have known what unholy retribution your little “heil” comment was about to bring down upon you, maybe you would have held your bloated tongue. But you couldn’t, you didn’t, and now you’re paying the price. I will stream fury all over you and you will drown in it.

LOL  - WOW!  Sorry Mein Fuhrer!  My Bad!   

I am so sorry that I implied you were a control freak, manipulating, petty little monster!  I see now how incredibly wrong I was!

[BlindMayorBitcorn]

What the hell did you just say about me, you little bloatcoiner? I’ll have you know I graduated top of my class in cryptography, and I’ve been involved in numerous secret missions for Blockstream^TM, and I have over 300 confirmed microbits. I am trained in crypto and I’m the top cryptographer at Blockstream^TM. You are nothing to me but just another bloatcoiner. I will wipe the bloat out with precision the likes of which has never been seen before on this forum, mark my words. You think you can get away with saying that to me over the interwebs? Think again, bloatcoiner. As we speak I am contacting my coder network of coders across various social medias and your IP is being traced right now so you better prepare for the Blockstream^TM. The stream that wipes out the pathetic little thing you call your life. You’re crippled, kid. I can be anywhere, anytime, and I can cripple bloat in over seven hundred languages. Not only am I extensively trained in crippling bloat, but I have access to the entire Blockstream^TM arsenal and I will use it to its full extent to wipe your miserable bloat boat off the face of the continent. If only you could have known what unholy retribution your little “heil” comment was about to bring down upon you, maybe you would have held your bloated tongue. But you couldn’t, you didn’t, and now you’re paying the price. I will stream fury all over you and you will drown in it.

LOL  - WOW!  Sorry Mein Fuhrer!  My Bad!   

I am so sorry that I implied you were a control freak, manipulating, petty little monster!  I see now how incredibly wrong I was!

The little one doesn't get it. A rare treat.

[BlindMayorBitcorn]

Be advised we are experiencing a higher volume of appreciates than usual. For faster appreciation, please refer to one of our many off-chain solutions. Press "1" for appreciation in English...

[keepdoing]

Be advised we are experiencing a higher volume of appreciates than usual. For faster appreciation, please refer to one of our many off-chain solutions. Press "1" for appreciation in English...

"1"
ALL HEIL BLOCKSTREAM!
The 4th Reich of Fiat!

Gotta love these guys!  So strong and powerful!  Not afraid to use their power for what is best for us.

[keepdoing]

Meh. Divisive debates are so 2015.

"Since wars begin in the minds of men, it is in the minds of men that the defences of peace must be constructed"

Actually, wars begin when an injustice is forced upon others.  Usually disguised with flowery words of peace.

Does the following sound familiar?  

We want this people to be faithful, and you must learn fidelity. We want this people to be obedient, and you must practice obedience. We want this people to be peace-loving but also courageous, and you must therefore be peace-loving and at the same time courageous.
~ Hitler's Speech 14 September 1935;

As Fuehrer of the German people and Chancellor of the Reich, I can thank God at this moment that he has so wonderfully blessed us in our hard struggle for what is our right, and beg Him that we and all other nations may find the right way, so that not only the German people but all Europe may once more be granted the blessing of peace.
~ Hitler's speech before the Reichstag, 6 October 1939.


My fame, if Providence preserves my life, will consist in ... works of peace, which I still intend to create.
~ Hitler's speech in Berlin, 30 January 1942.

Be obedient little sheep.  Trust that your best interests are in their hearts.  They desire only peace for you.

ALL HEIL BLOCKSTREAM!
The 4th Reich of Fiat!

[BlindMayorBitcorn]

Hey, Blockstream. I bought a souped up George Foreman grill off a darknet marketplace. It's shit. Will you arrange a refund for me?

Thank you for letting us know about your recent experiences with Blockstream^TM. Our goal is to provide consistently reliable products and an exemplary level of customer service. Based on the events you describe, we did not meet this goal. Your comments regarding (George Foreman Grill) will be used for coaching and training purposes.

(Gentlemand) I ask that you allow us another opportunity to serve you as we consider it a priviledge to have you aboard.

[keepdoing]

^I guess I was asking for this. Real mature..

Yes, well.... when you start such a biased thread in a time that the subject of said thread is as controversial as is.... then, yes, you did ask for it.

But I will finish this simply, with no more comment.

Blockstream is doing some good work.  They are great contributors.
Blockstream involvement from a governance perspective is a disaster.
Blockstream needs to go back to their cubicle and do what they do best.... Code / Contribute.
Blockstream needs to shut up about what is best for Bitcoin and everyone else who has a vision for Bitcoin.
Blockstream Players need to immediately either implement an intelligent Block Size Increase, Resign their Comitts,

or they will be FORKED.

Period.

PS.... I wish only the best for Lightning Network. <kisses>

[LiteCoinGuy]

they definitely need a better PR manager...

[cjmoles]

Does Blockstream have anything to do with that Vitalik Buterin guy who came up with that platform that everybody is talking about on the interweb?  Forget what it's called but it's supposed be so advanced that it makes all other technologies look antiquated.  Is Blockstream part of that team?  Boy I appreciate that because Bitcoin really needs the help, especially in the area of turing capabilities and smart contracts.

[BlindMayorBitcorn]

Does Blockstream have anything to do with that Vitalik Buterin guy who came up with that platform that everybody is talking about on the interweb?  Forget what it's called but it's supposed be so advanced that it makes all other technologies look antiquated.  Is Blockstream part of that team?  Boy I appreciate that because Bitcoin really needs the help, especially in the area of turing capabilities and smart contracts.

No.

[BlindMayorBitcorn]

they definitely need a better PR manager...

            What's he that wishes so?
                My cousin LiteCoinGuy? No, my fair cousin;
                If we are mark'd to cripple, we are enow
                To do our coin's loss; and if not to cripple,
                The fewer men, the greater share of honour.
                God's will! I pray thee, wish not one megabit more.
              
  

[BlindMayorBitcorn]

We have before us an ordeal of the most grievous kind.

We have before us many, many long months of struggle and of suffering. You ask, what is our policy? I can say: It is to wage war, by forum, Twatter and mailing list, with all our might and with all the strength that the interwebz can give us; to wage war against a monstrous bloat, never surpassed in the dark, lamentable catalogue of crypto. That is our policy. You ask, what is our aim?

I can answer in one word: It is victory, victory at all costs, victory in spite of full blocks, victory, however counter-intuitive and convoluted; for without victory, there is no survival. Let that be realised; no survival for Blockstream^TM, no survival for all that Bitcoin has stood for, no survival for the urge and impulse of the ages, that mankind will move forward towards open systems, open standards, open source.

But I take up my task with buoyancy and hope. I feel sure that our cause will not be suffered to fail among men. At this time I feel entitled to claim the aid of all, and I say, "come then, let us go forward together with our block-chain."

[BlindMayorBitcorn]

Blockstream^TM recognizes that the ability to make an unbiased decision is sometimes affected by other interests (personal or professional) of individuals in the organization.  Such conflict of interest situations are a regular part of organizational and personal life and cannot simply be eliminated.  

The objective of the following policy is to permit Blockstream^TM to manage conflict of interest situations successfully and resolve them fairly.

[BlindMayorBitcorn]

Here's what some of our satisfied customers have to say!

"Blockstream is a great way to make a nice living. I just bought a house in Detroit!"
BtcClaq

"Some chick moved in. She nuts. I mean white girl crazy. Screamin' 'bout shit. Saying she all stress out. Talkin' 'bout her spices. WTF?! Thanks Blockstream!
-Jacob from Denver

"I want a man who will give me a genius baby!"
-Miss Herald, New East South Wales

[Richy_T]

I would like to send out my heartfelt thanks to Blockstream. There's not many people watching out for those of us who receive our blocks on floppy disks. If we went to 2MB blocks, my post office bill could double and floppies are getting hard to find these days too.

[BlindMayorBitcorn]

I would like to send out my heartfelt thanks to Blockstream. There's not many people watching out for those of us who receive our blocks on floppy disks. If we went to 2MB blocks, my post office bill could double and floppies are getting hard to find these days too.

Thanks for your support (Ricky_T)! Please accept this complimentary copy of the Oregon Trail, courtesy of the Minnesota Educational Computing Consortium. Assume the role of a wagon leader guiding his party of settlers from Independence, Missouri, to Oregon's Willamette Valley!

[Trolfi]

I'm appreciative that Blockstream^TM is allowing BTC to run this appreciation thread.

For now.

[keepdoing]

I'm appreciative that Blockstream^TM is allowing BTC to run this appreciation thread.

For now.

HEIL BLOCKSTREAM!
We appreciate that you are thinking for us!  We the masses are unworthy!  Save us from ourselves.  Establish a firm grip of control!

[keepdoing]

I'm appreciative that Blockstream^TM is allowing BTC to run this appreciation thread.

For now.

HEIL BLOCKSTREAM!
We appreciate that you are thinking for us!  We the masses are unworthy!  Save us from ourselves.  Establish a firm grip of control!

PS... yes, yes, thank you for allowing us to continue to praise you!  Not like those filthy maggots at Coinbase... those who dared think for themselves, to dream of independent thought, unchained ideas, alternatives.  Dogs and Scoundrels the lot!   Brrrrr.... the thought that such chaos was so close to being unleashed sends shivers up me spine

[Richy_T]

Thanks for your support (Ricky_T)! Please accept this complimentary copy of the Oregon Trail, courtesy of the Minnesota Educational Computing Consortium. Assume the role of a wagon leader guiding his party of settlers from Independence, Missouri, to Oregon's Willamette Valley!

Side 2? That would be a 5 1/4" floppy. What am I, some kind of animal?

[BlindMayorBitcorn]

Thank you for your interest in Blockstream^TM. Based on your response, I believe you have questions regarding (George Foreman Grill). Is this correct?

[BlindMayorBitcorn]

Hiring a majority of the devs of the inertia driven "reference" client has proven much cheaper than a 51% attack, highlighting a fragile facet of our antifragile currency.

https://www.reddit.com/r/Bitcoin/comments/37vg8y/is_the_blockstream_company_the_reason_why_4_core/

[BlindMayorBitcorn]

Did you get that thing I sent you?

[LiteCoinGuy]

they have good intentions and are good people/coders, but they do a terrible job in listening and making consensus. just imagine what would have happend if they said they are okay with 2MB? no drama, all people (miners, commuity, business) would be happy.

now we have bitcoin classic. lets see how this will play out.

[BlindMayorBitcorn]

They have good intentions and are good people/coders [...] no drama, all people (miners, commuity, business) [....] happy.

Thanks (LiteCoinGuy). Did you know Blockstream's amazing off-chain methods are fun to learn.  Watch as your employees' confidence skyrockets when they begin to realize the true potential of their own projects.

At that first visit I weighed 269 lbs. pounds. My goal was to lose 80+ pounds. Wow! It seemed unattainable at first. Could I really do that? So much bloat! Not on my own, I decided. I now had the help and support of my Blockstream^TM consultant. Having someone in my corner to hold me accountable gave me the strength I needed. Thanks Blockstream!
-Jenny from Craig

I'd driven by the Blockstream compound, but didn’t know it was like this. When I had the session today, I was amazed at how much I could remember. I even remembered something from when I was really, really young. There is something really different here. I have not been this happy and really smiled like this in a very long time.
-Wilson from Los Angeles

[QuestionAuthority]

Hi, I'm Adam Back.

I have a Ph.D. and invented Bitcoins proof of work system. Satoshi probably ran away like a little pussy because he was afraid I would sue him for stealing my work. As such, Bitcoin belongs to me and I can do whatever I want to do with it. If you all don't like blockstream and my new direction for Bitcoin then you can suck my ass with a straw.

Thank you,
 
The real creator of Bitcoin.

[keepdoing]

Thanks Blockstream!

If you hadn't taken over Bitcoin Develoment and so utterly screwed it up, and destroyed the public perception and reputation of Bitcoin, making it look like it was run like a team of retarded squabbling monkeys - then my bitcoins would probably be worth over $1000 each by now.  It is amazing that only 9 months ago everyone was looking at Bitcoin as Digital Gold, a Safe Haven Currency that people would run to in the event of a Global Financial meltdown.

Thank God you were able to completely screw that up by the time the recent meltdown occurred.  So now, instead of people flocking to bitcoin as stock markets tank - people are selling their bitcoins.

Whew!  Glad I dodged that ugly "money making" disaster  LOL

[cjmoles]

Thanks for your support (Ricky_T)! Please accept this complimentary copy of the Oregon Trail, courtesy of the Minnesota Educational Computing Consortium. Assume the role of a wagon leader guiding his party of settlers from Independence, Missouri, to Oregon's Willamette Valley!

Side 2? That would be a 5 1/4" floppy. What am I, some kind of animal?

LOL  Wow, that looks like a state of the art version of Oregon Trail.  I remember having to load it up with several floppies and learning PRODOS to get it running on the old apples that were contracted out to the elementary schools when I was a kid.  Is that new version one of Blockstreams latest projects?  Nice!!!

[sAt0sHiFanClub]

Hi, I'm Adam Back.

I have a Ph.D. and invented Bitcoins proof of work system. Satoshi probably ran away like a little pussy because he was afraid I would sue him for stealing my work. As such, Bitcoin belongs to me and I can do whatever I want to do with it. If you all don't like blockstream and my new direction for Bitcoin then you can suck my ass with a straw.

Thank you,
 
The real creator of Bitcoin.

Dear Adam,

I know you like to frame yourself now as the founder of bitcoin. But we both know that is not true. You took your hashcash idea and turned it into a failed email spam blocker. But I took hashcash and used it as the foundation of an P2P electronic cash system, which 7 years later is used by millions and has a market cap of $6.5Bn.

I understand your utter frustration at this. But you have to let it go. Raging on twittter, employing trolls, condoning criminal DDOS attacks and subverting my original vision will not bring you any joy. I designed bitcoin to resist such acts of small mindedness in a transparent and unyielding fashion - the majority will decide which way they want to go.

Again, let me say how sorry I am for your lack of vision.

hugs & cuddles

Satoshi.

[keepdoing]

Welcome Back Satoshi!  Very well put I must say.

Interesting Poll numbers..... looks like the majority of people think Blockstream/Core has only achieved their current position through manipulation.  Not exactly something to be proud of.  Well, soon we'll be rid of the lot.

[LFC_Bitcoin]

Interesting Poll numbers..... looks like the majority of people think Blockstream/Core has only achieved their current position through manipulation.  Not exactly something to be proud of.  Well, soon we'll be rid of the lot.

The poll is legit. Thanks guys!

@BMB - you're on form today

[Kakmakr]

If XT succeed, I will wave goodbye to Bitcoin. Thank you for saving us from a benevolent dictator and IP Blocking and Blacklisting of coins and tx reversals. If we wanted that, we would all be using PayPal. Your next task will be to up the Block size a little, even if it is only to counter the Bitcoin Classic attempt at gaining consensus with their proposal.

Keep up the good work and ignore the FUD. ^smile^

[Xapodat]

If XT succeed, I will wave goodbye to Bitcoin. Thank you for saving us from a benevolent dictator and IP Blocking and Blacklisting of coins and tx reversals. If we wanted that, we would all be using PayPal. Your next task will be to up the Block size a little, even if it is only to counter the Bitcoin Classic attempt at gaining consensus with their proposal.

Keep up the good work and ignore the FUD. ^smile^

If Bitcoin Classic succeeds, will it wave good bye to bitcoin. If the only difference between Bitcoin Classic and Core is the 2MB block size, will you support it?

[onemorexmr]

Blockstream is pleased to announce today a strategic partnership with PwC to bring blockchain technology and services to companies around the world. The rapid pace of innovation in cryptocurrencies, distributed ledgers, and smart contract technology is driving organizations to transform their operations. PwC exemplifies the type of partner that will help us deliver the promise of this cutting edge technology.

http://www.prnewswire.com/news-releases/pwc-and-blockstream-announce-strategic-partnership-300211895.html?tc=portal_CAP



It's exciting!

PwC? I worked for them and i fucking HATE THEM!
biggest assholes on the planet. FUCK THEM

[MicroGuy]

Blockstream is pleased to announce today a strategic partnership with PwC to bring blockchain technology and services to companies around the world. The rapid pace of innovation in cryptocurrencies, distributed ledgers, and smart contract technology is driving organizations to transform their operations. PwC exemplifies the type of partner that will help us deliver the promise of this cutting edge technology.

http://www.prnewswire.com/news-releases/pwc-and-blockstream-announce-strategic-partnership-300211895.html?tc=portal_CAP



It's exciting!

PwC? I worked for them and i fucking HATE THEM!
biggest assholes on the planet. FUCK THEM

It's okay, Blockstream and PWC will be good daddy's for all of us. These guys will take good care of bitcoin and all of its developers.

~~

Everyone please go back to sleep now and let our new papas take care of core and the code!! lmao

[watashi-kokoto]

Classic to the moon!
2MB soon!

[LFC_Bitcoin]

Seen a lot of bull shit FUD & wumming today declaring the end of Bitcoin Core & Blockstream & a win for Bitcoin Classic.

I haven't been following the news for a week or so. Can anybody confirm or deny what I read?

No trolls or shills please.

[BlindMayorBitcorn]

I'm appreciative that Blockstream^TM is allowing BTC to run this appreciation thread.

For now.

Dear BlindMayorBitcorn,

This law firm represents Blockstream Corporation. If you are represented by legal counsel, please direct this letter to your attorney immediately and have your attorney notify us of such representation.

You are hereby directed to
CEASE AND DESIST ALL DEFAMATION OF
BLOCKSTREAM’S CHARACTER AND REPUTATION.

BLOCKSTREAM is composed of educated, respected professionals in the community. They have learned that you have engaged in spreading false, destructive, and defamatory rumors about them.

Your defamatory statements involved [claims that our client has sold its soul to Satan.].

Accordingly, we demand that you (A) immediately cease and desist your unlawful defamation of BLOCKSTREAM and (B) provide us with prompt written assurance within ten (10) days that you will cease and desist from [claims that it is in league with the devil].

If you do not comply with this cease and desist demand within this time period, BLOCKSTREAM  is entitled to seek monetary damages and equitable relief for your defamation. In the event you fail to meet this demand, please be advised that BLOCKSTREAM has asked us to communicate to you that she will pursue all available legal remedies, including seeking monetary damages, injunctive relief, and an order that you pay court costs and attorney’s fees. Your liability and exposure under such legal action could be considerable.

[sAt0sHiFanClub]

PwC have troubles in just about every jurisdiction imaginable.....

Being sued for $ €1Bn in Ireland

To be fair, Bitcoin needed away to make alt-coin scammers look better. PwC should just about do that....  

[BlindMayorBitcorn]

I haven't been following the news for a week or so. Can anybody confirm or deny what I read?

PLACE OF EVERLASTING TORMENT., Jan. 30, 2016 /PRNewswire/ -- Blockstream is pleased to announce today a strategic partnership with the Prince of Darkness to bring blockchain technology and services to the Godless Pit of the World. The rapid pace of innovation in cryptocurrencies, distributed ledgers, and smart contract technology is driving fallen angels everywhere to transform their operations. The Hoary Hound of Hell is the type of partner that will help us deliver the promise of this cutting edge technology.


....

[Gleb Gamow]

What the hell did you just say about me, you little bloatcoiner? I’ll have you know I graduated top of my class in cryptography, and I’ve been involved in numerous secret missions for Blockstream^TM, and I have over 300 confirmed microbits. I am trained in crypto and I’m the top cryptographer at Blockstream^TM. You are nothing to me but just another bloatcoiner. I will wipe the bloat out with precision the likes of which has never been seen before on this forum, mark my words. You think you can get away with saying that to me over the interwebs? Think again, bloatcoiner. As we speak I am contacting my coder network of coders across various social medias and your IP is being traced right now so you better prepare for the Blockstream^TM. The stream that wipes out the pathetic little thing you call your life. You’re crippled, kid. I can be anywhere, anytime, and I can cripple bloat in over seven hundred languages. Not only am I extensively trained in crippling bloat, but I have access to the entire Blockstream^TM arsenal and I will use it to its full extent to wipe your miserable bloat boat off the face of the continent. If only you could have known what unholy retribution your little “heil” comment was about to bring down upon you, maybe you would have held your bloated tongue. But you couldn’t, you didn’t, and now you’re paying the price. I will stream fury all over you and you will drown in it.

The following PSA is brought to you by Juxtapose Inc.: An entity thingy for all your juxtaposing needs.

Disclosure: Currently, I'm neutral in this debate, but the above had to be presented for those formally unaware.

ref.: https://blockstream.com/2014/11/17/blockstream-closes-21m-seed-round/

[BlindMayorBitcorn]

Currently, I'm neutral in this debate

Thank you (Gleb Gamow) for your interest in Blockstream. Rumours recently suggesting that team Blockstream has formed a evil strategic alliance with a company once found attempting to privatize the water system in Delhi, India have been exaggerated. This has caused some concern. Please rest assured.

[Gleb Gamow]

Currently, I'm neutral in this debate

Thank you (Gleb Gamow) for your interest in Blockstream. Rumours recently suggesting that team Blockstream has formed a evil strategic alliance with a company once found attempting to privatize the water system in Delhi, India have been exaggerated. This has caused some concern. Please rest assured.

What could a company like PwC hope to gain from partnering with a small startup that has recently re-branded Bitcoin and taken control of it’s reference implementation?

https://medium.com/@WasintMe3/everything-you-never-wanted-to-know-about-blockstream-s-new-boss-pricewaterhousecoopers-716d46d3257b#.fqfokdtvk

Dude, don't be freakin' me out like that!

[BlindMayorBitcorn]

Dude, don't be freakin' me out like that!

Thank you again (Gleb Gamow). Your fear has been registered and forwarded to the nearest Blockstream vortex of despair for use in the nightmares of small refugee children orphaned by war.

#GrokTheEthos

[BlindMayorBitcorn]

Is Moneta one of the private companies working with Blockstream?

"To my mind, Zerocoin and Zerocash are the low-hanging fruit of sidechains. Just transfer your bitcoin to a sidechain that implements one of those protocols, and voila, instant Bitcoin anonymity; you can send or receive money while maintaining mathematically perfect privacy."

The vision of the Moneta project is to help significantly advance Bitcoin technology as a sidechain. As a sidechain, we want to help people realize that it’s possible to make Bitcoin lightning-fast, far more private, and far more scalable. For example, people often think that Bitcoin is limited to 7 transactions per second and can never compete with Visa. With some changes to the protocol, we can increase that number one-hundred fold. Also, with increased scalability comes decreased transaction fees. Think of all the new marketplaces and behaviors that can arise if we can decrease Bitcoin’s transaction fees from the magnitude of cents to the magnitude of hundredths of a cent … We hope to convey that Bitcoin’s underlying protocol can in fact be advanced significantly — not just marginal improvements, but 10x or 100x improvements.

Is it associated with XMR?

I dunno. (It's private.)

[BlindMayorBitcorn]

Don't forget to vote!

[Adrian-x]

You know I’m very grateful to out centralized planning team and their road-map, it lays out a path to get miners to execute many new features in the bitcoin code that they run for free.  

My favorites are all the new features that enable the Lighting Network to take transaction volume off the blockchain thus reducing the fees paid to miners. It’s particularly cunning as the miners will run the code for you and the Lighting Hubs will collect extra fees.  

The genius is actually convincing the network of miners to do it. I’m thrilled to see Adam talk about one of the first features called Segregated Whiteness as a 2MB Soft Fork increase. Where native bitcoin transaction capacity is reduced to accommodate new more complicated Lightning network transactions.

Keep up the good work Blockstream, I know your dabbling with new economic incentives and constructs, and I’m thrilled you have the code mechanics peer reviewed, and very excited to see you don’t bother modelling or discussing the economic implications, that's like building a foundation in a bog and who wants that type of problem.  

It’s as if bitcoin’s  value is increasing by magic not some underlying incentive construct that creates economic value, I love your growth projections its like bitcoin can't be stopped, its like a sinking ship increases teh value of all other ships or something.

[sAt0sHiFanClub]

[...] its like a sinking ship increases the value of all other ships or something.

That should be the mission statement.

[BlindMayorBitcorn]

[...] its like a sinking ship increases the value of all other ships or something.

That should be the mission statement.

But wait! There's more:

“From girls in Afghanistan to banks in the United States,” said Jalak Jobanputra of Future\Perfect Ventures, “Blockstream’s proposed infrastructure will create a trustless ledger of assets and transactions that will provide a more efficient market than what currently exists. Even more importantly the technology will provide access to services and documentation for billions of people who are underbanked or underserved by current transactional systems.”

https://blockstream.com/fact-sheet/

[BlindMayorBitcorn]

BTCC is very excited to be working with Blockstream to roll-out this innovative application of sidechain technology. Liquid is both a practical application of sidechains that allows us to provide nearly instantaneous global interexchange transfers for our users, as well as a major technical milestone that showcases the adaptability of Bitcoin. (Samson Mow, COO of BTCC)

[BlindMayorBitcorn]

A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

The client is a mixture of rust

They are trying to push their technologically flawed Side chains in through the back door.

You've made this claim before. But BTCC is all over Liquid. It's a working sidechain. How do you explain that?

 

[BlindMayorBitcorn]

https://www.crunchbase.com/organization/blockstream/investors
https://www.crunchbase.com/organization/crypto-currency-partners#/entity

And it all comes back to Mr. Sticky.*

Blockchain Capital:
Founders:
    Brad Stephens
  
    Gil Penchina
   
    Brock Pierce
    
    W Bradford Stephens
    
    Bart Stephens
Headquarters:
    San Francisco, CA
Funds Raised:
    $13M
Categories:
    Entrepreneur, Bitcoin, FinTech, Finance
Description:
    Professional investors and entrepreneurs driving innovation in the Blockchain ecosystem.
Website:
    http://www.blockchain.capital

*1997-1999
Founder & EVP
Digital Entertainment Network (DEN)

[hdbuck]

Blockstream^TM is taking a conservative approach. SegWit soft fork, see how that goes. Then Lightning Network and some sidechains and we'll be good to go. Isn't it? I don't "code" or have any particular "insights". But I can appreciate that.

I mean, 2mb/4mb/8mb, what difference does it make; it will never be enough for the sloppy mob of Backpagers pounding at the doors. We have serious business to conduct. Amirite?

Whatever happened to you... A wise man changes his mind sometimes, a fool never.

Congrats.


Not that blockstream knows the ultimate truth, they are at least better qualified than hearn/toomin/obama when it comes to cryptography and decentralization.

Let them do the code, whilst still not being forced to use it anyway.

PS: fuck gavin.

[thejaytiesto]

Lightning Network is the most exciting on Bitcoin right now, I can't wait to see it in action so we can forget the "oh no, not enough blocks! oh no my transaction is taking 10 minutes longer than expected!.." you know all that bullshit. Im going to be using LN cause it's going to be as safe as it needs to be, and it's going to be as fast as we need it to be. We will be competing against the titans of payment platforms in the next 1-3 years and I think this will change a lot of things in the game. Let's see how they deal with it.

[BlindMayorBitcorn]

Blockstream^TM is taking a conservative approach. SegWit soft fork, see how that goes. Then Lightning Network and some sidechains and we'll be good to go. Isn't it? I don't "code" or have any particular "insights". But I can appreciate that.

I mean, 2mb/4mb/8mb, what difference does it make; it will never be enough for the sloppy mob of Backpagers pounding at the doors. We have serious business to conduct. Amirite?

Whatever happened to you... A wise man changes his mind sometimes, a fool never.

Congrats.


Not that blockstream knows the ultimate truth, they are at least better qualified than hearn/toomin/obama when it comes to cryptography and decentralization.

Let them do the code, whilst still not being forced to use it anyway.

PS: fuck gavin.

I flip-flop too much to be on anyone's team. I'm an outcast.

I always thought a contentious hard fork was a bad idea.

Lightning Network is the most exciting on Bitcoin right now, I can't wait to see it in action so we can forget the "oh no, not enough blocks! oh no my transaction is taking 10 minutes longer than expected!.." you know all that bullshit. Im going to be using LN cause it's going to be as safe as it needs to be, and it's going to be as fast as we need it to be. We will be competing against the titans of payment platforms in the next 1-3 years and I think this will change a lot of things in the game. Let's see how they deal with it.

LN is not a scaling solution.

[watashi-kokoto]

LN is not a scaling solution.

isn't it?

[BlindMayorBitcorn]

LN is not a scaling solution.

isn't it?

No.

[watashi-kokoto]

No.

Why? Storm in a teacup? Satoshi vision violated? 4 cent fees unacceptable?

[BlindMayorBitcorn]

No.

Why? Storm in a teacup? Satoshi vision violated? 4 cent fees unacceptable?

It might be fine for microtransactions, but no business in its right mind would want to lock up non-trivial amounts of bitcoins in payment channels; it's an invitation to regulation and market corrections.

[watashi-kokoto]

It might be fine for microtransactions, but no business in its right mind would want to lock up non-trivial amounts of bitcoins in payment channels; it's an invitation to regulation and market corrections.

Anybody can settle the tied up funds anytime. The question is , would the on-chain confirmation regulated? If anybody can prevent the channel closure from confirmation, then the same individual could effectively freeze any bitcoin even under the current rules.

Only difference is the channel closure has a specific close time window, so yes, the risk is slightly larger, but not significantly. We'll see

[BlindMayorBitcorn]

It might be fine for microtransactions, but no business in its right mind would want to lock up non-trivial amounts of bitcoins in payment channels; it's an invitation to regulation and market corrections.

Anybody can settle the tied up funds anytime. The question is , would the on-chain confirmation regulated? If anybody can prevent the channel closure from confirmation, then the same individual could effectively freeze any bitcoin even under the current rules.

Only difference is the channel closure has a specific close time window, so yes, the risk is slightly larger, but not significantly. We'll see

Is there a Blockstream dev currently working on LN? I thought sidechains like Liquid were more their angle.

[watashi-kokoto]

Is there a Blockstream dev currently working on LN? I thought sidechains like Liquid were more their angle.

    [1] Lightning Network by Joseph Poon and Thaddeus Dryja (website), github repository (golang)
    [2] Deployable Lightning by Rusty Russel (Blockstream), github repository (C)
    [3] Thunder Network by Mats Jerratsch (Blockchain.info), github repository (Java)

The way i see it , the sidechain approach makes sense for now . It cannot be seriously used until the malleability is fixed by segwit. Once that's done, lightning will be developed for the real blockchain

[BlindMayorBitcorn]

https://np.reddit.com/r/Buttcoin/comments/47zpqw/bilderberg_group_accidentally_buys_bitscoin/

https://np.reddit.com/r/conspiracy/comments/4802ey/breaking_the_notorious_company_blockstream_with_a/

https://np.reddit.com/r/privacy/comments/48068d/breaking_the_notorious_company_blockstream_with_a/

Jeezus. Is this where the evil cow goes MOO HA HA?

[coinplus]

Well done Block Stream
Blockstream’s core area of innovation is sidechains, a technology focused on improving on the blockchain, the most powerful public utility for distributed trust systems.

[BlindMayorBitcorn]

Blockstream’s core area of innovation is unspeakable evol and an unquenchable lust for power.

That don't seem right.

[chopstick]

Blockstream has announced $55 million in series s funding to further enhance our sidechain technology, expand their operations globally for total investments up to $76 million. That's really great to hear.

Too bad the money is coming (partially) from a Bilderberger and HSBC banking boardmember

lol

[BlindMayorBitcorn]

Blockstream has announced $55 million in series s funding to further enhance our sidechain technology, expand their operations globally for total investments up to $76 million. That's really great to hear.

Too bad the money is coming (partially) from a Bilderberger and HSBC banking boardmember

lol

[owm123]

Blockstream has announced $55 million in series s funding to further enhance our sidechain technology, expand their operations globally for total investments up to $76 million. That's really great to hear.

I miss the times when bitcoin was developed by individuals in fight with financial system, corporations, banks, etc. Few years later, development of bitcoin core is driven exactly by what orginal bitcoin creator/creators wanted to combat.

[BlindMayorBitcorn]

“My basic thesis was this: anyone who was dumb enough to think that they could make money reviewing television shows would pay $49 dollars for a training program,” said Hill. “And anyone who is that lazy will never complete the training program. So they’d just give up and I could sell a $2 dollar training program for $49.”

It worked: he made about $100,000 in three months. (At that point the crowd gave him an ovation... -snip-


http://betakit.com/montreal-angel-austin-hill-failed-spectacularly-before-later-success/

[Cconvert2G36]

Bitcoiner, you've gotta ask yourself one question: "Do I feel dumb?" Well, do ya, punk?

[chopstick]

“My basic thesis was this: anyone who was dumb enough to think that they could make money reviewing television shows would pay $49 dollars for a training program,” said Hill. “And anyone who is that lazy will never complete the training program. So they’d just give up and I could sell a $2 dollar training program for $49.”

It worked: he made about $100,000 in three months. (At that point the crowd gave him an ovation... -snip-


http://betakit.com/montreal-angel-austin-hill-failed-spectacularly-before-later-success/

And this guy is the fucking CEO of blockstream. HAHAHA. Man, it just keeps getting worse and worse.