|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
bathrobehero
Legendary
 Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
|
 |
January 13, 2016, 02:45:20 PM |
|
Agreed, fork proposals are not Bitcoin.
I also find naming fork proposals like XT and Classic kind of ridiculous. There's no need to try to add flavors or plant flags like that. Bitcoin is Bitcoin and if it's not then that's an irrelevant altcoin.
|
Not your keys, not your coins!
|
|
|
Spoetnik
Legendary
Offline
Activity: 1540
Merit: 1011
FUD Philanthropist™
|
|
January 14, 2016, 01:50:05 AM |
|
Interesting.. i guess his foundation 800k a year salary was well earned.
|
FUD first & ask questions later™ |
|
|
|
|
canth
Legendary
Offline
Activity: 1442
Merit: 1001
|
|
January 17, 2016, 02:37:25 AM |
|
I disagree pretty hard here. What "Bitcoin" is ain't what the Bitcoin Core devs say it is - it's what the PEOPLE using it say it is. If aforementioned people support something that the Core devs don't, and it's implemented and they use it, then it IS Bitcoin. Yeah, don't waste your breath. I can't argue with those that think that a hard fork of bitcoin that gets an economic majority (miners/users/merchants) isn't bitcoin. I'm not going to participate in discussions of Bitcoin in the altcoin sections - just going to point my mining equipment at a pool that supports the consensus rules I agree with. |
|
|
|
kelsey
Legendary
Offline
Activity: 1876
Merit: 1000
|
|
January 17, 2016, 02:43:23 AM |
|
I'm not going to participate in discussions of Bitcoin in the altcoin sections
no complaints here  |
|
|
|
|
bathrobehero
Legendary
Offline
Activity: 2002
Merit: 1051
ICO? Not even once.
|
|
January 17, 2016, 02:44:18 AM |
|
I disagree pretty hard here. What "Bitcoin" is ain't what the Bitcoin Core devs say it is - it's what the PEOPLE using it say it is. If aforementioned people support something that the Core devs don't, and it's implemented and they use it, then it IS Bitcoin. I agree both on the what people want and the authority of core devs part but a few vocal people foaming at the mouth trying to promote their fork (without even having a clue of the possible side effects of a hostile fork) is in now way representative of what most Bitcoin users want. I say a few vocal people because Bitcoin is way, way bigger than a bunch of people circlejerking on a couple of random forums. |
Not your keys, not your coins!
|
|
|
|
worhiper_-_ (OP)
|
|
January 17, 2016, 02:51:41 AM |
|
I disagree pretty hard here. What "Bitcoin" is ain't what the Bitcoin Core devs say it is - it's what the PEOPLE using it say it is. If aforementioned people support something that the Core devs don't, and it's implemented and they use it, then it IS Bitcoin. I don't make the rules, a thread like this would probably end up being moved here if I didn't do it myself. That's also the reason why I believe this is better suited here, because I've seen threads about other fork attempts being moved in the altcoin section. But anyways, aside of this disclaimer on top of the OP, I hope I'm doing a good job at keeping this thread informative and neutral. |
|
|
|
|
MicroGuy
Legendary
Offline
Activity: 2506
Merit: 1030
Twitter @realmicroguy
|
|
January 17, 2016, 03:51:15 PM |
|
Why is this in the altcoin section?
Simple answer: Bitcoin Classic is an Altcoin (something other than Bitcoin). |
|
|
|
|
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
|
|
January 17, 2016, 06:04:46 PM |
|
Why is this in the altcoin section?
Simple answer: Bitcoin Classic is an Altcoin (something other than Bitcoin). "Altcoin" is a token of value based on an "alternative chain". "Alternative chain" is a blockchain that stems from some other genesis than that created by Satoshi. So no, we can't really say Classic is an altcoin in the traditional sense. Nomenclature needs an update. |
“God does not play dice"
|
|
|
MicroGuy
Legendary
Offline
Activity: 2506
Merit: 1030
Twitter @realmicroguy
|
|
January 17, 2016, 06:09:18 PM |
|
Why is this in the altcoin section?
Simple answer: Bitcoin Classic is an Altcoin (something other than Bitcoin). "Altcoin" is a token of value based on an "alternative chain". "Alternative chain" is a blockchain that stems from some other genesis than that created by Satoshi. So no, we can't really say Classic is an altcoin in the traditional sense. Nomenclature needs an update. Don't all these blockchains stem from Satoshi? I think an Altcoin is any coin other than Bitcoin. |
|
|
|
|
|
bitcreditscc
|
|
January 17, 2016, 06:37:41 PM |
|
Why is this in the altcoin section?
Simple answer: Bitcoin Classic is an Altcoin (something other than Bitcoin). "Altcoin" is a token of value based on an "alternative chain". "Alternative chain" is a blockchain that stems from some other genesis than that created by Satoshi. So no, we can't really say Classic is an altcoin in the traditional sense. Nomenclature needs an update. Don't all these blockchains stem from Satoshi? I think an Altcoin is any coin other than Bitcoin. Thus you need to define, what is Bitcoin? is it the git repo under the control of group A, B or C. Or is it the protocol? |
|
|
|
MicroGuy
Legendary
Offline
Activity: 2506
Merit: 1030
Twitter @realmicroguy
|
|
January 17, 2016, 06:42:30 PM |
|
Why is this in the altcoin section?
Simple answer: Bitcoin Classic is an Altcoin (something other than Bitcoin). "Altcoin" is a token of value based on an "alternative chain". "Alternative chain" is a blockchain that stems from some other genesis than that created by Satoshi. So no, we can't really say Classic is an altcoin in the traditional sense. Nomenclature needs an update. Don't all these blockchains stem from Satoshi? I think an Altcoin is any coin other than Bitcoin. Thus you need to define, what is Bitcoin? is it the git repo under the control of group A, B or C. Or is it the protocol? I think we use the word Altcoin currently because it's convenient and a generally understood term. It's not however, highly descriptive or completely accurate. |
|
|
|
|
|
mrbodz
|
|
January 18, 2016, 03:27:15 AM |
|
An altcoin by all standard definitions, is a currency which does not base itself off the bitcoin protocol. By MicroGuys definition, the bitcoin we all use today is not bitcoin. Why? because it has been changed through numerous forks (type irrelevant) which no longer make it the same bitcoin as it was when satoshi left it
Ahmed
|
|
|
|
|
MicroGuy
Legendary
Offline
Activity: 2506
Merit: 1030
Twitter @realmicroguy
|
|
January 18, 2016, 03:42:24 AM |
|
An altcoin by all standard definitions, is a currency which does not base itself off the bitcoin protocol. By MicroGuys definition, the bitcoin we all use today is not bitcoin. Why? because it has been changed through numerous forks (type irrelevant) which no longer make it the same bitcoin as it was when satoshi left it
Ahmed
No. Bitcoin is still bitcoin and core is still core. By my definition, anything outside of that is an altcoin. FYI, here's the latest release candidate of "Bitcoin" >> https://bitcoin.org/bin/bitcoin-core-0.12.0/test/ |
|
|
|
|
|
|
|
JorgeStolfi
|
|
January 18, 2016, 04:39:58 AM |
|
Nomenclature needs an update.
May I offer: - The blockchain that you should trust is the valid blockhain that you can get that has the most proof of work.
- A blockchain is valid if and only if the software you are running says that it is valid.
- "The bitcoin blockchain" is the blockchain that you call "the bitcoin blockchain".
The question "in a persistent fork of the blockchain, which branch will be the real bitcoin?" is basically a religious question. You should think about it as you would think of "in a schism of my Church, which side will be the True Church?". |
Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.
|
|
|
MicroGuy
Legendary
Offline
Activity: 2506
Merit: 1030
Twitter @realmicroguy
|
|
January 18, 2016, 05:19:00 AM |
|
The group/individual controlling reddit.com/r/bitcoin, bitcoin.org, bitcointalk.org, Github, and an alert key, has a strong leg up.  You can think of that power as the mainstream media on steroids back when there were only 4 channels on Television. I don't think there's any question what bitcoin is and what bitcoin is not. Bitcoin XT only had a slim chance because Gavin (Satoshi's successor and alert key holder) had momentarily sided with the enemy, before coming back to his senses thanks to good doctors who were able to correct/prescribe him back into the right chemical balance. |
|
|
|
|
YarkoL
Legendary
Offline
Activity: 996
Merit: 1013
|
|
January 18, 2016, 07:48:12 AM |
|
The question "in a persistent fork of the blockchain, which branch will be the real bitcoin?" is basically a religious question. You should think about it as you would think of "in a schism of my Church, which side will be the True Church?".
I'd say that after hard fork the majority chain will be the "real" bitcoin. I don't think a situation with conflicting chains will persist very long. This brings up a noteworthy point: the "real bitcoin" is more related to the blockchain than to any particular client or even the protocol rules that a client implements. As for the ecclesiastical aspect, I grant to Core the position of primus inter pares but not infallibility! |
“God does not play dice"
|
|
|
|
psionin
|
|
January 18, 2016, 08:27:19 AM |
|
If the heart of a crypto currency is the chain of transactions and account balances, then it's only an "altcoin" if it disregards the current Bitcoin blockchain and starts over from the genesis block. Otherwise, it's merely a different version of Bitcoin.
|
|
|
|
|
|
