chek2fire
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January 17, 2016, 01:52:51 AM |
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and communist party will force miners to attack bitcoin network because for a not really knonw reason or because they are communists or chinese?
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sl@ppy
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January 17, 2016, 02:04:21 AM |
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why not just stfu and read what he wrote?
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chek2fire
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January 17, 2016, 02:06:15 AM |
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why not just stfu and read what he wrote?
I have already read and i can say to you stfu and answer to my questions. |
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sl@ppy
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January 17, 2016, 02:44:52 AM |
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the answer to your question is in what he wrote. the only racist is you. stfu. have mommy read it and explain it to you. any central location is bad, chinese miners get free or subsidized electricity. etc, etc. stop being sensitive and use the brain you were supposed to be born with, or simply admit that it is all over your head.......and then stfu.
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manselr
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January 17, 2016, 02:59:45 AM |
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Classic is just their next move. 20mb was too much, then they tried 8, now 2.. they all want big blocks at the end, and take nodes away from people.
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franky1
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January 17, 2016, 03:06:24 AM |
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Classic is just their next move. 20mb was too much, then they tried 8, now 2.. they all want big blocks at the end, and take nodes away from people.
ok i have 2 questions for you 1) do you run a full node right now? 2) what math theory or real life understanding of bandwidth and databloat reveals to you a happy amount for a block limit that you would upgrade to without resistance |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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chek2fire
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January 17, 2016, 12:20:47 PM |
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the answer to your question is in what he wrote. the only racist is you. stfu. have mommy read it and explain it to you. any central location is bad, chinese miners get free or subsidized electricity. etc, etc. stop being sensitive and use the brain you were supposed to be born with, or simply admit that it is all over your head.......and then stfu.
i you use so many time shfu? what really problem you have? |
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chek2fire
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January 17, 2016, 01:07:23 PM |
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and what about other altcoin like ehereum that the hashpower is in the hand of one only pool? I dont see a problem at all when each pool of bitcoin network has not 51% of network hashpower and i cant see chinese people to act like zerg because they are chinese.
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BitUsher (OP)
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January 17, 2016, 02:48:34 PM |
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Mike Hearn does address some valid concerns with the centralization of mining, which are often brought up by many core developers.
The 2 Problems I have with his comments concerning the scaremongering of "china controlling everything" are:
1) The reality is miners share power with many other groups and there exists a complex interwoven power dynamic between nodes, users, merchants, processors/banks/exchanges, developers, and miners. When developers discuss centralization of mining concerns among each other in private there is an understanding of these complex nuances already . Mike Hearn is being deliberately misleading about not discussing these complex power dynamics when he addresses the public. The public walks away from the article believing that a handful of developers and miners control the Bitcoin ecosystem which is patently false.
2) Rather than focus bringing up xenophobic tribal fears when discussing China, he could have addressed the more underlying problem of mining centralization where the incentives have temporarily shifted to centralized mining and node count drop off. we do not know if this can be reversed and exactly how but there are several solutions to reverse this trend being developed.
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