ToominCoin aka "Bitcoin_Classic" #R3KT

[iCEBREAKER]

The Gavinistas are evaporating like morning dew...what will we laugh about when they're all gone?

Will the last Classic supporter to leave the Bitcoin mothership please turn off the Frappuccino machine?

The real cost of sensor ships



I almost cried when I realized that Slush has never really studied Bitcoin Unlimited.  

we are in a terribly fragile situation when knowledgeable pioneers like Slush are basically choosing to stay uninformed and placing trust in Core.  

mining has become an industry quite divorced from Bitcoin's users.  

Nothing has opened my eyes to the level of ignorance that has been created by sensor ships and monoculture like this comment from Slush.  


We can safely say that to date my expectations have been shattered.  

Having watched this thing unfold for years, I see little reason for optimism.  

TL;DR "BITCOIN ISN'T DOING WHAT I WANT BITCOIN TO DO RIGHT MEOW SO IMMA THROW MY WEAPONS AND RAGE QUIT LIKE MUH HERO MIKE HERN"

[1713858853]

1713858853

[adamstgBit]

miners not knowing wtf they are mining and the different options is a massive problem... unless you are the status qou.... then maybe you'd prefer they dont know a thing.

[adamstgBit]

why is no one voting god damnit!

[adamstgBit]

  ToominCoin  is #R3KT?  maybe not....

[AlexGR]

why is no one voting god damnit!

The left chart is bullshit.

Run your bitcoin-qt...

Click help, debug window.

Click peers.

Wait a bit until the 8 peers fill.

Tell us how many of the 8 peers are "classic".

I never get more than 2 "classic". Usually it's either zero or one.

[jbreher]

why is no one voting god damnit!

The left chart is bullshit.

Run your bitcoin-qt...

Click help, debug window.

Click peers.

Wait a bit until the 8 peers fill.

Tell us how many of the 8 peers are "classic".

I never get more than 2 "classic". Usually it's either zero or one.

Ha. Haha. Hahahahah. HahaHahaHahAHAHA.

'the 8 peers'

hoo boy, that's rich.

Even better - 2 of 8 Classic is... err ... how many ? .... get mah fingers out ... hum - that can't be right? I'm coming up with about a quarter!? Lemme do this again

[exstasie]

I like the irony. XT and Classic supporters claim their plans won't lead to datacenter model for nodes. But before they even manage to fork the network.... they already run all their nodes through datacenters.

[Lauda]

anyone who wants to win is greedy?

Anyone who wants to rush temporary 'fixes' that would enable more people to join the system is most likely led by greed.

also is there such a thing as too much decentralization for one's own good?
i would argue that yes of course, for example trying to make the world financial settlement layer run on a blueberry pi would be considered too much decentralization for one's own good...

Yes there is. Bitcoin would be most likely worthless if it weren't decentralized. If you want a coin that is run by corporations/government/rich people, then you've come to the wrong place.

But before they even manage to fork the network.... they already run all their nodes through datacenters.

We're just having a date with Sybil.

[adamstgBit]

anyone who wants to win is greedy?

Anyone who wants to rush temporary 'fixes' that would enable more people to join the system is most likely led by greed.

hard to believe that Core implementing the necessary "fixes" for Blockstream to work ( a for profit company ) isn't guilty of the same thing...

and 2MB is hardly a rushed impl. the rushed impl was rejected ( 20MB )...

also is there such a thing as too much decentralization for one's own good?
i would argue that yes of course, for example trying to make the world financial settlement layer run on a blueberry pi would be considered too much decentralization for one's own good...

Yes there is. Bitcoin would be most likely worthless if it weren't decentralized. If you want a coin that is run by corporations/government/rich people, then you've come to the wrong place.

you make it sound so evil... I want Sybil attack to be harder to pull off. and I believe corporations/government/rich will also value decentralization and run their nodes from their own HQ. I see nothing wrong with the cost of running a full node rise so long as nodes remain distributed. I believe the nodes can be representative of end users as well, if it does end up costing 10,000$/ year to run a node i believe bitcoin will be 100-1000X more popular than today, and in that case, its OK for 1000's of people to "group buy" full nodes.

SPV clients will always allow end user peers on the network at no cost.


considering the alternatives, everyone uses LN ( not sure why anyone would run a bitcoin node when they use LN... they will run LN nodes...)
now you have -10 incentives to run bitcoin nodes AND they are cheap to run, bacily making Sybil attack much cheaper, and much more valuable.

[adamstgBit]

I like the irony. XT and Classic supporters claim their plans won't lead to datacenter model for nodes. But before they even manage to fork the network.... they already run all their nodes through datacenters.

you can whine and bitch all you want about how "centralized" datacenter coin will be.
no one will believe you because they KNOW that each gov/company/bank/universities globally run their nodes independently  
bitcoin will not be able to compete, the allure of max decentralization will be meaningless VS the power that backs mainstreamcoin
i do not believe this is avoidable, if its not bitcoin that becomes the mainstream coin it will be made to compete with it.

CheapNodeCoin Vs MainstreamCoin

grab your popcorn!

[AlexGR]

We already have mainstream/datacenter coin. It's called paypal.

[hdbuck]

I like the irony. XT and Classic supporters claim their plans won't lead to datacenter model for nodes. But before they even manage to fork the network.... they already run all their nodes through datacenters.

you can whine and bitch all you want about how "centralized" datacenter coin will be.
no one will believe you because they KNOW that each gov/company/bank/universities globally run their nodes independently 
bitcoin will not be able to compete, the allure of max decentralization will be meaningless VS the power that backs mainstreamcoin
i do not believe this is avoidable, if its not bitcoin that becomes the mainstream coin it will be made to compete with it.

CheapNodeCoin Vs MainstreamCoin

grab your popcorn!

Woah that clueless statist rant..

Bitcoin is clearly not for you, time to move on.

[adamstgBit]

We already have mainstream/datacenter coin. It's called paypal.

i want a crypto decentralized amongst  gov/company/bank/universities/etc.

not a centralized system controlled by 1 company
paypal doesn't allow me to generate my own account to which they dont have and never will have the private keys too.
paypal doesn't have to have 1000 other companies and participants agree with it when it wants to make a change to its protocol.


you see the dif?

I am an extremist when it comes to "blocksize"
I see the model for global governance emerge from this technology.
the decentralization of world domination!
muahahahahha!



becoming a peer on this network is going to be anything but Cheap!

on second thought it might be Cheap like dirt relatively speaking... 1/10^thmillion sounds cheap like dirt for what i'm suggesting wouldn't you say?

[brg444]

We already have mainstream/datacenter coin. It's called paypal.

i want a crypto decentralized amongst  gov/company/bank/universities/etc.

Most companies in the field today already use centralized services and don't even run their own node.

Ever heard about specialization? You really are clueless heh

[Lauda]

hard to believe that Core implementing the necessary "fixes" for Blockstream to work ( a for profit company ) isn't guilty of the same thing...

They aren't adding any "fixes" solely for Blockstream. If you think that the Lightning Network is Blockstream's product, then you're wrong.

and 2MB is hardly a rushed impl. the rushed impl was rejected ( 20MB )...

It is being rushed (28 days grace period).

you make it sound so evil... I want Sybil attack to be harder to pull off. and I believe corporations/government/rich will also value decentralization and run their nodes from their own HQ. I see nothing wrong with the cost of running a full node rise so long as nodes remain distributed. I believe the nodes can be representative of end users as well, if it does end up costing 10,000$/ year to run a node i believe bitcoin will be 100-1000X more popular than today, and in that case, its OK for 1000's of people to "group buy" full nodes.

This seems similar to the nonsense that Veritas was spreading. I have no proper words to describe how stupid this is as this goes against everything that Bitcoin stood for over the years (and what was trying to be achieved). Bitcoin was always about individual sovereignty; sovereignty which will be lost if you have a system where a node costs $10k or more per year. Bitcoin will only remain decentralized as long as running a node costs as little as possible.

[adamstgBit]

hard to believe that Core implementing the necessary "fixes" for Blockstream to work ( a for profit company ) isn't guilty of the same thing...

They aren't adding any "fixes" solely for Blockstream. If you think that the Lightning Network is Blockstream's product, then you're wrong.

and 2MB is hardly a rushed impl. the rushed impl was rejected ( 20MB )...

It is being rushed (28 days grace period).

you make it sound so evil... I want Sybil attack to be harder to pull off. and I believe corporations/government/rich will also value decentralization and run their nodes from their own HQ. I see nothing wrong with the cost of running a full node rise so long as nodes remain distributed. I believe the nodes can be representative of end users as well, if it does end up costing 10,000$/ year to run a node i believe bitcoin will be 100-1000X more popular than today, and in that case, its OK for 1000's of people to "group buy" full nodes.

This seems similar to the nonsense that Veritas was spreading. I have no proper words to describe how stupid this is. Bitcoin was always about individual sovereignty, sovereignty which will be lost if you have a system where a node costs $10k. Bitcoin will only remain decentralized as long as running a node costs as little as possible.

are views as to what constitutes a decentralized system differs to much...

[Lauda]

are views as to what constitutes a decentralized system differs to much...

Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't.

[adamstgBit]

are views as to what constitutes a decentralized system differs to much...

Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't.

in my view its my duty as a bitcoiner to discuss my views on its future. this doesn't necessarily mean agreeing with the status quo. ( if we all just TRUST 1 group of devs to have our best interest in mind, WTF is the point??? )

also... Run by various government/institutions/corporations Can == decentralized

IF there is no central authority

so the peers are tend to be a level above individual poeple. Meh....

beside no one is stopping individuals to invest in a 10,000$ node and participate in this network i am suggesting.

[adamstgBit]

so peers are tend to be 1 level above individual poeple. Meh.... still decentralized IMO.

[exstasie]

blockstream fanboys word of the months
january: doomsday

Um, XT/Classic fanboys been saying doomsday since a year ago. When is the apocalypse of "fee event" coming?