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Author Topic: Greg Maxwell is now the owner of Bitcoin. That's all.  (Read 4920 times)
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August 29, 2016, 12:24:23 PM
 #1

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September 05, 2016, 04:43:08 PM
 #2

I don’t think we should reach to any kind of conclusion at this moment, things might be confusing at the moment but it would be too much hurry to jump to any conclusion. One should express your opinion but should not try to impose it on others because it might create the negative impact on others and especially newbies.

Additionally, it would be great if you quote links and add detailed view about it because the title and one word in the post are not enough to have a clear picture.
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September 05, 2016, 04:56:27 PM
 #3

Is there a link about this, I've been out of it for a while?

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September 05, 2016, 05:09:55 PM
 #4

Is there a link about this, I've been out of it for a while?

Here's a bit of back story

https://www.reddit.com/r/btc/comments/4klqtg/people_are_starting_to_realize_how_toxic_gregory/

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September 05, 2016, 05:11:55 PM
 #5

so in a nutshell why he is the owner? i think he had good contribution  right? what he exactly did in the wrong way to take all those shit against him? and bitcoin is open source there is no one controlling it, who can join and is talented can do so
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September 05, 2016, 05:19:48 PM
 #6

bitcoin is open source there is no one controlling it,
It's just fun to say that, but everyone knows that even if 95% wanted some change, if Greg and Core and Blockstream were in that 5%, they could manage to 'convince' dumb Chinese miners that a hard fork would result and they should stick with Core. 

It isn't really Open Source.  A tiny minority can prevent a very popular change due to the difficulty reaching 'concensus'.  Threat of possible hard fork scares Chinese.
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September 05, 2016, 05:32:29 PM
 #7

Greg maxwellhas thegift of coding but that does not mean he is controlling bitcoin.yes he has effected many open source peojects just how many open source projects can be compared with bitcoin.

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September 05, 2016, 05:49:58 PM
 #8

r/btc quote = instant death spiral of credibility no matter what the subject matter,  but super especially this one.

I don't know anything about him myself. I don't massively care. If Bitcoin does look like it's permanently crippled then it deserves to go down in flames.

I'll pick up the ideas again with a descendant that does follow the original principles.

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September 05, 2016, 06:13:59 PM
 #9

bitcoin is open source there is no one controlling it,
It's just fun to say that, but everyone knows that even if 95% wanted some change, if Greg and Core and Blockstream were in that 5%, they could manage to 'convince' dumb Chinese miners that a hard fork would result and they should stick with Core.

And then the 95% could hard fork and leave Greg and Core and Blockstream and the "dumb Chinese miners" holding worthless "oldcoins" while the rest of the world moves on with the new Bitcoin.

That's how the decentralized consensus sytem works.  The miners and the small minority can't keep the vast majority of users and merchants from doing something that they all want.

It isn't really Open Source.

Of course it is.  I can read every line of the source.  None of it is hidden.  I can copy it and change it however I like.  If I can get a significant majority of the users to use my software, then I will be in control (until someone else gets a significant majority of users to use their software).

A tiny minority can prevent a very popular change due to the difficulty reaching 'concensus'.

Nope.  It requires a rather large minority to prevent a popular change.  A tiny minority can't prevent anything.

Threat of possible hard fork scares Chinese.

They are welcome to be as scared as they like.  In the end, they will have to either do what the vast majority wants, or they will be left holding worthless blocks.
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September 05, 2016, 06:16:55 PM
 #10

#GMAX rocks.. Simple as that.

Anyone who has issue with a crypto maths genius contributing to bitcoin as heavily as he does, is clearly insane..

If someone wants to step up, no one's stopping you.





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September 05, 2016, 06:19:05 PM
 #11

#GMAX rocks.. Simple as that.

Anyone who has issue with a crypto maths genius contributing to bitcoin as heavily as he does, is clearly insane..

I'm not sure that I agree with that statement, but...

If someone wants to step up, no one's stopping you.

That is quite true.
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September 05, 2016, 06:39:14 PM
 #12

Greg have contributed so much on development of bitcoin as well as he has very good coding skill sets, i think being offended about him is just like being jealous of him. Bitcoin being open source nobody stopping anyone from releasing and suggesting other devs codes/suggestion but those idea should be accepted by majority of bitcoin community to be considered as valid, where most other dev fails.

 
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September 05, 2016, 07:10:42 PM
 #13

thought there is evidence to say core AKA blockstream is in control.
after all even if some fanboy wants to say there are 100 contributors, it actually equates to a dozen main devs and 90 'spell checkers', thus being more central while mascarading as decentralized. (a dozen peoples desires to go down one code route, dominates the route everyone else follows blindly)

where amungst the dozen dominant devs, the majority of the main devs are blockstream funded. and headed up by maxwell..
meaning his word directs several people, who direct several others and so the ripple effect expands.. like a pyramid

even a big name in the forums fails to deny core has control, by using an example that core actually does have control
If I can get a significant majority of the users to use my software, then I will be in control (until someone else gets a significant majority of users to use their software).
translate, if blockstream can get a significant majority of the users to use their code, then blockstream will be in control (until someone else gets a significant majority of users to use their software, then blockstream will direct their employees do do a REKT campain and that will ripples down to their friends and friends of friends).

core has majority=core controls.

but with all that said im thinking the OP is bringing up these known facts from months ago, purely as a bit of price speculation in an attempt to bring the price down again now that its nudged over $600 again.
im thinking the OP missed the oppertunity to buy under $600 and is finding the most 'scary' bitcoin facts there is, in hopes to affect the price negatively



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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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September 05, 2016, 07:17:35 PM
 #14

I was under the impression that bitcoin was an open source project, so with that said, how can anyone be determined the owner of bitcoin?  I have read a little about what has been said and I do not understand how they can consider him the owner let alone an issue??



                                                                                                                                             
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September 05, 2016, 07:20:24 PM
 #15

bitcoin is open source there is no one controlling it,
It's just fun to say that, but everyone knows that even if 95% wanted some change, if Greg and Core and Blockstream were in that 5%, they could manage to 'convince' dumb Chinese miners that a hard fork would result and they should stick with Core. 
Thats really big issue :|, sad reality in a nutshell.
Anyone can fork a Bitcoin project on github, but convince majority to follow is hard task, some geniue, smart and honest people tried already and failed.
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September 05, 2016, 07:23:16 PM
 #16

bitcoin is open source there is no one controlling it,
It's just fun to say that, but everyone knows that even if 95% wanted some change, if Greg and Core and Blockstream were in that 5%, they could manage to 'convince' dumb Chinese miners that a hard fork would result and they should stick with Core. 
Thats really big issue :|, sad reality in a nutshell.
Anyone can fork a Bitcoin project on github, but convince majority to follow is hard task, some geniue, smart and honest people tried already and failed.
I understand what you are saying, however; I am still not understanding how this guy will make such an impact.  I think that there is enough information out there about him where people will make informed decisions based on history and not because some one specific says something. 



                                                                                                                                             
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September 05, 2016, 07:27:19 PM
 #17

Cool story bro!

(Worthless thread gets worthless response.)

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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September 05, 2016, 07:29:02 PM
 #18

If I can get a significant majority of the users to use my software, then I will be in control (until someone else gets a significant majority of users to use their software).
translate, if blockstream can get a significant majority of the users to use their code, then blockstream will be in control (until someone else gets a significant majority of users to use their software,

So, to translate your translation...

Control is what the users give to whomever they want.

If the vast majority of users choose to give control to a group of people then that group of people will continue to have control for as long as the vast majority of users give them that control.

That seems a bit obvious.

Each user chooses for themselves what software to use.  If lots of users choose a single piece of software, then that software has control over what those users can do with it, and the creators of that software have control over what that software does.

That's pretty much how decentralized control is intended to work, isn't it?  Nobody has any more control than they are given by the users, and can't maintain control if the users choose to take it away.

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September 05, 2016, 07:47:02 PM
 #19

Why you here on bitcoin talk if you post this ? Clear to everyone you dont understand the basics of bitcoin.  Its decentralized so it is not owned by anyone that is the whole point of bitcoin. Maybe you must have your brain checked because this is the first thing you learn with bitcoin.  Lips sealed Undecided

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September 05, 2016, 07:53:34 PM
 #20


Oh, r/btc. Cheesy The OP of that thread is laughable -- more of the same nutty conspiracies that the r/btc crowd keeps recycling and reposting day after day, month after month. The quotes are all from a handful of nobodies in r/btc, though the author tries to make it appear as if most people actually hold these opinions -- LOL. Then he throws in a couple choice quotes from Mike Hearn, Gavin Andresen and a BU developer. This is completely predictable.

What power does Greg have? None. He is one developer in a decentralized project. He doesn't even have commit access to the Core repo -- he gave it up because of these kinds of hissy fits (thrown by parties promoting alternative incompatible versions of "Bitcoin"). Some people may not like Greg's attitude, but I don't blame him, given the endless undeserved hostility aimed at him and Blockstream. He's incredibly intelligent and is always fighting for decentralization, privacy and fungibility in Bitcoin. Big blockers are generally upset that Greg has garnered such respect in the community over several years of contributions, while simultaneously opposing any hard fork. It's pretty clear that this is the 876th or so attempt by r/btc to smear Greg without an ounce of compelling evidence of, well...anything. It all boils down to, "He opposes a hard fork? Burn him. BURN HIM!"

 
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