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Author Topic: Finally, Bitcoin Core = REKT  (Read 7656 times)
TKeenan (OP)
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January 29, 2016, 02:56:16 PM
 #1

Looks like those assholes at Blockstream are losing finally.  Looks like their 1MB block limit crippling of the blockchain so we all need to buy their Lightning Network isn't working out.  I knew people would finally jump over their very dumb arguments that 2MB would lead to centralization. 

I am not in favor of a private entity owning a group of core programmers who take a position to make valuable the offerings of that private entity.  That just reeks of improper.  Good riddance Blockstream.  Looks like the new kid on the block is Bitcoin Classic!!!

http://paymentweek.com/2016-1-20-bitfury-now-supports-bitcoin-classic-and-2-megabyte-block-size-seems-to-be-winning-the-battle-9421/?utm_content=bufferf2145&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer
mikewirth
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January 29, 2016, 02:59:15 PM
 #2

Looks like those assholes at Blockstream

Now we just need to take their commit keys away from them for getting sucked into acting on the code for the benefit of a private concern.  A clear conflict of interest.  Can't someone fire these guys?
franky1
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January 29, 2016, 03:24:05 PM
Last edit: January 29, 2016, 05:15:36 PM by franky1
 #3

key debunks
core: "2mb will cause a fork and an altcoin"
no. because:
1. if a miner upgrades and 10 dont.. he might cause drama.. until....... another miner makes a block minutes later that doesnt have the non consensus block in its header chain, thus orphaning the miner who got too eager.. orphans happen already. its not a problem and definitely not an altcoin creator
2. miners wont upgrade unless they are sure that the community is ready otherwise they would get orphaned/rejected = no pay
3. the only way to create an altcoin is for an implementation to only link to its own kind, and only to miners of the same kind. otherwise the orphan/reject rule checks will sort it all out and bring everyone back into line on one chain, because the data would very and there can only be one winner

core: "2mb will cause fullnodes to need to be in datacenters"
1. tell that to 30million non datacenter netflix customers happily downloading 166mb every 10 minutes for SD streams or 500mb every 10 minutes for HD streams
2. if you take away the wishy washy shift of signatures and count up the total REAL data of segwit.. its the same

core: "full nodes would be forced to upgrade to stay part of the network"
1. segwit makes fullnodes not fullnodes but "compatible nodes" if they dont upgrade also. as they cant verify transactions unless they upgrade to segwit

core: "2mb doesnt fix the malleability attack issues, or doesnt allow other features"
1. then how about do the 2mb and your features all at the same time, seeing as fullnodes are going to need to upgrade to stay at full verification ability when segwit is available you might as well hit 2 birds with one stone.

core: "but anyone wanting 2mb is a corporate shill"
1. core you are governed by blockstream that has ties to pricewaterhousecooper.... ..
2. the community is millions of people.. not 100 in your bandcamp and 30 or so in the classic bandcamp.. you forgot those in the middle pissed off with both sides..
3. we just want bitcoin to do more. we would even be happy with a 2mb+segwit (2birds one stone) as long as its clean code
4. or even 2mb block limit.. with segwit miners having the 2mb block relay acceptance limit but a 1mb segwit creation preference. win win win

core: "but we only care about bitcoins future and only care about the underlying code. with no corporate drama or wanting people to use alternate gavinchains
1. pricewaterhouse cooper
2. liquid
3. sidechains

and finally
core: "we have a roadmap, if you dont like it. we will insult you, tell you to STFU and carry on with our agenda

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
watashi-kokoto
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January 29, 2016, 04:57:11 PM
 #4

If you disagree my friend, create your altcoin Grin

With your amazing understanding of crypto-currencies, it's going to be an amazing success!

Maybe your coin becomes more popular than Doge!

Good luck Grin
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January 29, 2016, 05:06:46 PM
 #5

Looks like those assholes at Blockstream are losing finally.  Looks like their 1MB block limit crippling of the blockchain so we all need to buy their Lightning Network isn't working out.  I knew people would finally jump over their very dumb arguments that 2MB would lead to centralization. 

I am not in favor of a private entity owning a group of core programmers who take a position to make valuable the offerings of that private entity.  That just reeks of improper.  Good riddance Blockstream.  Looks like the new kid on the block is Bitcoin Classic!!!

http://paymentweek.com/2016-1-20-bitfury-now-supports-bitcoin-classic-and-2-megabyte-block-size-seems-to-be-winning-the-battle-9421/?utm_content=bufferf2145&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer

All this big war between people which have the same aim - a better bitcoin as a unique product and invention - is only damage for it and put in discussion its future. Both group has their followers according to various factors which has conditioned even this big division and, according to me, at all necessary. Not being a technician cannot understand what is right and what is wrong or what variant of bitcoin is better than another but for me being 1 MB or being 2 MB it is almost the same. If they cannot deal about such (repeat for me which judge only apparently) kind of matters who knows what may happen for more important question. Anyhow the division is now a fact and the aim of my post is to tell that from now and in the time to come the followers of bitcoin will take care more to fight with each other trying to argues which variant is better than will care with bigger problems of bitcoin such may be its spread, its acceptation and its regulation. What a pity!
BlindMayorBitcorn
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January 29, 2016, 05:12:16 PM
 #6

Blockstream just announced a strategic alliance with Price Waterhouse Coopers. Cypherpunks need fancy mansions too.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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January 29, 2016, 05:21:55 PM
 #7

If you disagree my friend, create your altcoin Grin

With your amazing understanding of crypto-currencies, it's going to be an amazing success!

Maybe your coin becomes more popular than Doge!

Good luck Grin

instead of wanting more for bitcoin, which is what the community wants.. you propose sheep-follow the 100devs agenda or f*ck off to an alt
shame you didnt debunk my debunk with actual real life case scenario's that 2mb is deadly.. or using science to show that it cant work..
even simple maths would have done fine too.. but no,



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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January 29, 2016, 05:46:20 PM
 #8

Looks like those assholes at Blockstream are losing finally.  Looks like their 1MB block limit crippling of the blockchain so we all need to buy their Lightning Network isn't working out.  I knew people would finally jump over their very dumb arguments that 2MB would lead to centralization. 

I am not in favor of a private entity owning a group of core programmers who take a position to make valuable the offerings of that private entity.  That just reeks of improper.  Good riddance Blockstream.  Looks like the new kid on the block is Bitcoin Classic!!!

http://paymentweek.com/2016-1-20-bitfury-now-supports-bitcoin-classic-and-2-megabyte-block-size-seems-to-be-winning-the-battle-9421/?utm_content=bufferf2145&utm_medium=social&utm_source=linkedin.com&utm_campaign=buffer

All this big war between people which have the same aim - a better bitcoin as a unique product and invention - is only damage for it and put in discussion its future. Both group has their followers according to various factors which has conditioned even this big division and, according to me, at all necessary. Not being a technician cannot understand what is right and what is wrong or what variant of bitcoin is better than another but for me being 1 MB or being 2 MB it is almost the same. If they cannot deal about such (repeat for me which judge only apparently) kind of matters who knows what may happen for more important question. Anyhow the division is now a fact and the aim of my post is to tell that from now and in the time to come the followers of bitcoin will take care more to fight with each other trying to argues which variant is better than will care with bigger problems of bitcoin such may be its spread, its acceptation and its regulation. What a pity!

seem like war started and it not gonna end up well for us
opinions are divided so next moves will be bold
what will be we will see but some thinks this is good other that is bad
what about us who are in the middle?



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January 29, 2016, 06:05:56 PM
 #9



Core devs ARE Bitcoin. The day they get tired of the idiots wanting to hard fork for no reason is the day the hard forkers will be fucked, since the team will consist on talentless idiots trying to rull the fun node. That's the day im dumping my coins too. Fortunately, the Core scaling roadmap will continue and Crapsic will die just like XTrojan died.

This thread is just butthurt by a sore Gavinista.
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January 29, 2016, 08:44:54 PM
Last edit: January 29, 2016, 09:50:38 PM by steeev
 #10

the r/btc spooks are having to do overtime here, getting more desperate by the day, as the rump sub they run fails to ignite, and the realisation sets in that the reddit zombies they play to there have no real influence over anything

gavin is trying to flank the bogus classic approach with *his own* barren last stab at wrestling the code from the strong hands too, as classic's dead end fork has been revealed to be as lacking in insight as their 'developer' jtoomim is in coding skills...

here's an imgur set of screenshots of adam back calling out toomim on the Bitcoin slack a few days ago - toomim literally runs away from the exchange as adam starkly highlights toomim's lack of ability - in front of other devs...

https://imgur.com/gallery/wbsxJ

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January 29, 2016, 08:56:32 PM
 #11

This has to be some joke. I have no idea how someone has successfully spread out the 'Blockstream is evil' propaganda among so many people within the community. You're living in a delusion.

Looks like their 1MB block limit crippling of the blockchain so we all need to buy their Lightning Network isn't working out. I knew people would finally realize how dumb my statements are.
FTFY. There is no "buying their" LN. The Lightning Network is going to be part of Bitcoin and it is free to use.

Core devs ARE Bitcoin. The day they get tired of the idiots wanting to hard fork for no reason is the day the hard forkers will be fucked, since the team will consist on talentless idiots trying to rull the fun node. That's the day im dumping my coins too.
Technically you could say that. Basically people are trying to push them away due to some Blockstream propaganda. Apparently they like to think of non-Bitcoin users as the sheep/average Joe of the financial system while in fact they are the sheep of the cryptocurrency system.

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sgbett
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January 30, 2016, 12:38:37 AM
 #12

... The Lightning Network is going to be part of Bitcoin and it is free to use.

Like bitcoin is free to use! Wink

8.5 Fees
Lightning Network fees, which differ from blockchain fees, are paid directly between participants within the channel. The fees pay for the time-value of money for consuming the channel for a determined maximum period of time, and for counterparty risk of non-communication.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto
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January 30, 2016, 12:52:47 AM
 #13

... The Lightning Network is going to be part of Bitcoin and it is free to use.

Like bitcoin is free to use! Wink

8.5 Fees
Lightning Network fees, which differ from blockchain fees, are paid directly between participants within the channel. The fees pay for the time-value of money for consuming the channel for a determined maximum period of time, and for counterparty risk of non-communication.


Thanks Blockstream!

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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January 30, 2016, 08:39:07 AM
 #14

... The Lightning Network is going to be part of Bitcoin and it is free to use.

Like bitcoin is free to use! Wink

8.5 Fees
Lightning Network fees, which differ from blockchain fees, are paid directly between participants within the channel. The fees pay for the time-value of money for consuming the channel for a determined maximum period of time, and for counterparty risk of non-communication.

Do you know why the paragraph is titled: '8.5 Fees'? Because in the future they will just make the amendment '8.51 Additional Fees' and lay down a fair use price to be paid to Blockstream.  Blockstream is privatizing Bitcoin via a sneaky run around.  Their make excuses all day why 2MB is dangerous - when in fact 8GB probably isn't.  They are merely creating a need for their Lighting Network.

Core is the now the fucking Alt.
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January 30, 2016, 09:19:43 AM
 #15

... The Lightning Network is going to be part of Bitcoin and it is free to use.

Like bitcoin is free to use! Wink
Yes, exactly like that. Free as in speech, not as in beer.

Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
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January 30, 2016, 09:28:52 AM
 #16

Like bitcoin is free to use! Wink

8.5 Fees
Lightning Network fees, which differ from blockchain fees, are paid directly between participants within the channel. The fees pay for the time-value of money for consuming the channel for a determined maximum period of time, and for counterparty risk of non-communication.
As previously said LN is free, so free as Bitcoin. If any of you guys had realk skills you could develop your own version of LN and make that the official one, but unfortunately you don't.  Smiley

Do you know why the paragraph is titled: '8.5 Fees'? Because in the future they will just make the amendment '8.51 Additional Fees' and lay down a fair use price to be paid to Blockstream.  Blockstream is privatizing Bitcoin via a sneaky run around.  Their make excuses all day why 2MB is dangerous - when in fact 8GB probably isn't.  They are merely creating a need for their Lighting Network.
No. Stop posting nonsense. This is not going to happen. LN is not "theirs", sidechains are. I'm getting tired of the nonsense from shills.

here's an imgur set of screenshots of adam back calling out toomim on the Bitcoin slack a few days ago - toomim literally runs away from the exchange as adam starkly highlights toomim's lack of ability - in front of other devs...
https://imgur.com/gallery/wbsxJ
Essentially if you remove Garzik and Gavin from the Classic team you're left with a group of newbies that have no idea what they're doing.

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Swordsoffreedom
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January 30, 2016, 09:55:45 AM
Last edit: January 30, 2016, 10:13:28 AM by Swordsoffreedom
 #17

Hmm we are still going on about Blocksize well bigger is not always better but I see a 2mb implementation being useful especially since it keeps more free nodes (Free defined as nodes not centralized to any groups) on the system, bandwidth being an issue and the need for Global Nodes not just US centric located nodes will allow home users with a decent net connection to maintain their presence on the network especially in low node areas like Africa, Latin America and some parts of Asia (Partially including slow internet China).

“We call our code repository Bitcoin Classic. It starts as a one-feature patch to bitcoin-core that increases the block size limit to 2 MB. We will have ports for master and 0.11.2, so that miners and businesses can upgrade to 2 MB blocks from any recent bitcoin software version they run,” they further explained.

As long as I can run it and recall from a 0.8 0.9 gen editon of Core I see no qualms with this upgrade, or I'll need to check two edition compatibility with a multi-sync in a 1.0 patch edition somewhere lol.

(Then again I have not looked in a few weeks but if all it does is make 1mb 2mb then no conflict there as far as I can see) based on what I can tell this is a stop gap implementation I would run finally as one of those stubborn Core nodes Tongue.

(Expands time for upgrade and size crisis do research and fix patches/add features in the future, reduce the damn drama for a bit win win win)
http://dcinno.streetwise.co/2016/01/29/what-is-bitcoin-classic-an-explainer-on-blockchain/

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January 30, 2016, 08:11:46 PM
 #18

the only accurate part of swordsoffreedom's post is that 'bigger is not always better'

pruning, segwit, IBLT/weak blocks/thin blocks - a phase of refinement created through experienced insight.

by comparison the clunking classic fork is a lumpen, cretinous lurch, for which apparently, 'not much testing is needed'
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January 30, 2016, 08:51:03 PM
 #19

..
This thread is just butthurt by a sore Gavinista.

Regardless of the preferred route to increase capacity, your comment is the type that causes division, mistrust and hate. It leads to the darkside.

Give the guy some credit for pounding the streets during the early days and getting investors interested in Bitcoin and being part of the reason that it has so much value today.

https://youtube.com/watch?v=koIq58UoNfE

The eventual answer will be the right answer and the name will remain or revert back to being called Core.
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January 30, 2016, 08:55:34 PM
 #20

...
Essentially if you remove Garzik and Gavin from the Classic team you're left with a group of newbies that have no idea what they're doing.

Very valid point. But this assumes that everyone will stop working on the main chain if the Classic implementation passes the consensus threshold, which I doubt.
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