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Author Topic: [2016-03-13] Audio: James D'Angelo Interview on MIT Bitcoin Expo  (Read 300 times)
LiteCoinGuy
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March 13, 2016, 06:19:15 PM
 #1

James D'Angelo Interview on MIT Bitcoin Expo

https://soundcloud.com/bitcoinuncensored/james-dangelo-interview-on-mit-bitcoin-expo-and-miner-centralization

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TraderTimm
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March 14, 2016, 01:51:55 PM
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I don't know what is going on with Mr. D'Angelo, but I don't fucking like it.

This guy has put out informative videos in the past, and seemed to be on "our side", but lately I'm getting a feel here that he's being influenced somehow. Namely, the push from Proof-of-Work to Proof-of-Stake, which ironically is the next kettle-banging spamming effort from our confused friends over at r/btc.

Proof of Work hasn't even been allowed to show its technical chops while scaling, and yet there are people saying we should throw it all out and use something else. I'm very wary of this push, namely because Proof-of-Stake has certain properties that mimics the same failed fiat system being used in the world today (those with the biggest piles of cash make the rules and hold the power). And there is no evidence that a PoS chain would scale better than PoW.

These movements to divide-and-conquer the Bitcoin community leave a bad taste in my mouth, and I think this next issue was simply selected because we've managed to navigate the whole blocksize problem without self-destructing. It smacks of some kind of counter-intelligence or psychologically-based propaganda, and I don't fucking like it.

Watch out about arguments over PoS and PoW, there's a hidden agenda being promoted here....

fortitudinem multis - catenum regit omnia
Denker
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March 14, 2016, 02:31:47 PM
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His proposal with a solution called "congress of miners" sounds a lot like bitshares to me.
And just because these "miners" don't need coins to mine like in POS doesn't make it that much different or better.
Well he said that is not his final solution and he will come up with a white paper the next months.
Good and funny podcast by the way.
Kprawn
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March 14, 2016, 03:47:45 PM
 #4

We should not shoot down whatever James D'Angelo were saying, because he goes against what we believe is the best for Bitcoin. If you listen closely to what he said... Peter Tod and those guys

ignored him, and played around with their phones.. whilst he were speaking... I would also be pissed, if I prepared a presentation and the people with the most valued opinion are ignoring you. James

is one of the best resources I use on the internet to explain the complexity of Bitcoin to simple minded people. He just has the gift to explain things in simple terms... Let's not attack one of our own.

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LiteCoinGuy
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March 14, 2016, 03:50:28 PM
 #5

just want to add: thx for the good comments boys  Wink

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