Bitcoin Forum
October 04, 2022, 04:30:23 PM *
News: Latest Bitcoin Core release: 23.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: Did we reach the bottom already?
Yes - 60 (50%)
No, it's coming later this year - 44 (36.7%)
No, it's coming next year or after - 16 (13.3%)
Total Voters: 120

Pages: « 1 ... 20628 20629 20630 20631 20632 20633 20634 20635 20636 20637 20638 20639 20640 20641 20642 20643 20644 20645 20646 20647 20648 20649 20650 20651 20652 20653 20654 20655 20656 20657 20658 20659 20660 20661 20662 20663 20664 20665 20666 20667 20668 20669 20670 20671 20672 20673 20674 20675 20676 20677 [20678] 20679 20680 20681 20682 20683 20684 20685 20686 20687 20688 20689 20690 20691 20692 20693 20694 20695 20696 20697 20698 20699 20700 20701 20702 20703 20704 20705 20706 20707 20708 20709 20710 20711 20712 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 ... 31396 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25819029 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (170 posts by 5 users with 9 merit deleted.)
JayJuanGee
Legendary
*
Offline Offline

Activity: 3122
Merit: 7197


ESG, KYC & AML are attack vectors on Bitcoin


View Profile
July 03, 2018, 03:01:43 AM

The Segwit theft would require a hard fork.

And if you are going to have a successful theft by hard fork, you may as well steal from the legacy addresses as well.  

This is just more Bcash lol bullshit.

The chain committing the "theft" could not be considered a hard or a soft fork since it it would be implemented by a miner running a node with an older version of Bitcoin. The older software will simply be following the same old rules that it understands. In order to be considered a fork, rules need to be changed. In this case, if the chain were to truly split because all the nodes could not reach an agreement, the chain that would be considered "forking off" would be the chain following the Segwit chain. After all, Segwit is considered a "soft fork." Please note that I am not convinced that both these chains could survive for long, simutaneously. Either one or the other is going to be orphaned off.

I thought that we already did some variation of this in August 2017?    There were various decisions to move forward with segwit that involved threats to get left behind and required at least 95% to follow.. then the new rule set was locked in.  If there is a desire to go back to some old rules, then there is a need for more than 51%.. and more likely to be something like 95%, but of course the consensus rules could be changed.  Alternatively, if there is a suspected threat, then could there be rule sets that address the threat?  

I recall some kind of BIP that went into place that pretty much kicked some nodes off the network if they were running certain kinds of attack software.. wasn't it the nodes that signalling support for segwit2x or some other behavior that was no longer be allowed, and had like a 1 year period before it would become strictly implemented?

I think part of my point is that if there certain suspected security problems, such as deviant minority nodes (miners) then there could be ways for the network to discontinue to recognize them by rules that are agreed to by the vast majority. and even if that is not a hardfork, exactly, the effects are nearly the same as a hardfork.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1664901023
Hero Member
*
Offline Offline

Posts: 1664901023

View Profile Personal Message (Offline)

Ignore
1664901023
Reply with quote  #2

1664901023
Report to moderator
1664901023
Hero Member
*
Offline Offline

Posts: 1664901023

View Profile Personal Message (Offline)

Ignore
1664901023
Reply with quote  #2

1664901023
Report to moderator
babanana
Member
**
Offline Offline

Activity: 120
Merit: 10


View Profile
July 03, 2018, 03:08:45 AM

Incorrect.

Segwit was a soft fork.

Segwit transactions are valid under the old rules.

It would take a hard fork to make Segwit transactions invalid.  

That doesn’t stop a miner from blacklisting Segwit addresses.  But they can blacklist anything they like now, that’s got nothing to do with Segwit.  They  can also blacklist legacy addresses or can mine completely empty blocks should they choose.

Empty blocks, blacklisting addresses. This looks utterly familiar.
Elwar
Legendary
*
Offline Offline

Activity: 3584
Merit: 2382


Viva Ut Vivas


View Profile WWW
July 03, 2018, 03:10:50 AM

I can't stand it any more, living in secrecy.

I am Satoshi Nakamoto.

Here is proof. The alert key.

mainnet public key:
04fc9702847840aaf195de8442ebecedf5b095cdbb9bc716bda9110971b28a49e0ead8564ff0db2 2209e0374782c093bb899692d524e9d6a6956e7c5ecbcd68284

mainnet private key:
30820113020101042053cdc1e0cfac07f7e1c312768886f4635f6bceebec0887f63a9d37a26a92e 6b6a081a53081a2020101302c06072a8648ce3d0101022100ffffffffffffffffffffffffffffff fffffffffffffffffffffffffefffffc2f300604010004010704410479be667ef9dcbbac55a0629 5ce870b07029bfcdb2dce28d959f2815b16f81798483ada7726a3c4655da4fbfc0e1108a8fd17b4 48a68554199c47d08ffb10d4b8022100fffffffffffffffffffffffffffffffebaaedce6af48a03 bbfd25e8cd0364141020101a14403420004fc9702847840aaf195de8442ebecedf5b095cdbb9bc7 16bda9110971b28a49e0ead8564ff0db22209e0374782c093bb899692d524e9d6a6956e7c5ecbcd 68284
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
July 03, 2018, 03:16:29 AM



The blockchain is to be hidden, plain and simple

Too many secrets

https://twitter.com/joonian/status/1013337871791673344

These digital bank robbers stole $1.2 billion from 2013-2018 and laundered a lot of it through bitcoin. How much impact did this have on the bitcoin price?

https://www.bloomberg.com/news/features/2018-06-25/the-biggest-digital-heist-in-history-isn-t-over-yet
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
July 03, 2018, 03:16:43 AM

An address from 2012 ?
jojo69
Legendary
*
Offline Offline

Activity: 2590
Merit: 3620


1/21000000 , the only math you need to know


View Profile
July 03, 2018, 03:24:16 AM

well, I'm glad that's settled
Paashaas
Legendary
*
Offline Offline

Activity: 3178
Merit: 3530



View Profile
July 03, 2018, 03:54:11 AM

The Segwit theft would require a hard fork.

And if you are going to have a successful theft by hard fork, you may as well steal from the legacy addresses as well. 

This is just more Bcash lol bullshit.

Anyone can spend Segwit coins argument originated from the BU era. Bcash'ers are former BU supporters.

Just rehashed old FUD. Unfortunately some people falling straight into that trap.
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1825



View Profile
July 03, 2018, 04:09:28 AM
Last edit: July 03, 2018, 04:47:26 AM by bones261

The Segwit theft would require a hard fork.

And if you are going to have a successful theft by hard fork, you may as well steal from the legacy addresses as well.  

This is just more Bcash lol bullshit.

The chain committing the "theft" could not be considered a hard or a soft fork since it it would be implemented by a miner running a node with an older version of Bitcoin. The older software will simply be following the same old rules that it understands. In order to be considered a fork, rules need to be changed. In this case, if the chain were to truly split because all the nodes could not reach an agreement, the chain that would be considered "forking off" would be the chain following the Segwit chain. After all, Segwit is considered a "soft fork." Please note that I am not convinced that both these chains could survive for long, simutaneously. Either one or the other is going to be orphaned off.

I thought that we already did some variation of this in August 2017?    There were various decisions to move forward with segwit that involved threats to get left behind and required at least 95% to follow.. then the new rule set was locked in.  If there is a desire to go back to some old rules, then there is a need for more than 51%.. and more likely to be something like 95%, but of course the consensus rules could be changed.  Alternatively, if there is a suspected threat, then could there be rule sets that address the threat?  

I recall some kind of BIP that went into place that pretty much kicked some nodes off the network if they were running certain kinds of attack software.. wasn't it the nodes that signalling support for segwit2x or some other behavior that was no longer be allowed, and had like a 1 year period before it would become strictly implemented?

I think part of my point is that if there certain suspected security problems, such as deviant minority nodes (miners) then there could be ways for the network to discontinue to recognize them by rules that are agreed to by the vast majority. and even if that is not a hardfork, exactly, the effects are nearly the same as a hardfork.

In this hypothetical case, the "attack" nodes would be previous versions of core software. If this attack is indeed viable, and Bitcoin Core wanted to protect the Segwit consensus chain, they would need to implement a hard fork. It would be considered a hard fork because the new rules could not be made to be compatible with previous versions of Bitcoin Core. Now we all know that Bitcoin Core's philosophy is to not implement a hard fork unless it is the most dire of emergencies. My guess in such a situation, Bitcoin Core is just going to let the best chain win. Honey badger don't give a shit.  Cheesy
Edit: Actually, Bitcoin had a problem with the chain reaching consensus for months after implementing BIP 16. https://en.bitcoin.it/wiki/Pay_to_script_hash They just waited until all of the miners finally got on the same page, by all of them updating to the correct software.
Hueristic
Legendary
*
Offline Offline

Activity: 3220
Merit: 3565


Doomed to see the future and unable to prevent it


View Profile
July 03, 2018, 04:42:26 AM

I just don't get why peops link pdf files here.
Make sure you know what your doing when opening them, they can contain executables.
Maybe the pdf that was linked contained no exe?
Additionally, I suppose people reading these pages would know what to do when the system asks them if it's OK to execute stuff they just downloaded without knowing.

(No flame intended.)

More the point, their opsec is good enough that it doesn’t matter if the computer they use to browse the web is compromised.

The point I was making is if you did not already know this then you do now. BTW d_eddie, "maybe" your system is now compromised is a bad way to learn opsec. Wink




This deserves a repost.

There is nothing worse than a warm gin and tonic.

Funny you mentioned it, I just had a T&T. Smiley
jbreher
Legendary
*
Offline Offline

Activity: 2940
Merit: 1539


lose: unfind ... loose: untight


View Profile
July 03, 2018, 04:55:27 AM

Segwit transactions are valid under the old rules.

Yes, for some value of 'valid'. As but one example...

Quote
It would take a hard fork to make Segwit transactions invalid.  

...but it would not take any fork to interpret segwit txs as anyonecanspend.
jojo69
Legendary
*
Offline Offline

Activity: 2590
Merit: 3620


1/21000000 , the only math you need to know


View Profile
July 03, 2018, 05:01:29 AM
Last edit: July 03, 2018, 05:19:06 AM by jojo69

LTC and ETH bubbling up relative to BTC

I have been watching these ratios for a while with my ladders, in the past this has often been an indicator for coming strength in BTC.

HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
July 03, 2018, 05:05:23 AM
Last edit: July 03, 2018, 06:14:51 AM by HairyMaclairy

Segwit transactions are valid under the old rules.

Yes, for some value of 'valid'. As but one example...

Quote
It would take a hard fork to make Segwit transactions invalid.  

...but it would not take any fork for legacy software to interpret segwit txs as anyonecanspend which any attempt to spend would immediately be rejected by full nodes as a hard fork.



FTFY

Of course the concern you raise would be valid in the BCH context where there are no full nodes to patrol the actions of the miners.  

As Roger loves to say, full nodes only get in the way. Darn tooting they get in the way of fraudulent miners.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
July 03, 2018, 05:46:23 AM


Trezor Legacy accounts activated, tested, complete.

Full implementation required.


Prepare for the BOOM!
Karartma1
Legendary
*
Offline Offline

Activity: 2310
Merit: 1422



View Profile
July 03, 2018, 06:55:56 AM

LTC and ETH bubbling up relative to BTC

I have been watching these ratios for a while with my ladders, in the past this has often been an indicator for coming strength in BTC.

Since 2016 it's always been like that
HairyMaclairy
Legendary
*
Offline Offline

Activity: 1414
Merit: 2174


Degenerate bull hatter & Bitcoin monotheist


View Profile
July 03, 2018, 07:06:23 AM


Amir has been tied up in some dodgy stuff in the past.

Quote
As I write this, Taaki is in the process of recruiting the first five members of his academy: they will have to relinquish any other responsibility or commitment, undergo a period of “ideology training”, and live an ascetic life in the property Taaki will rent. There will be no salary other than “participation in historic action”.

This sounds as much the makings of a cult as Bitcoin development.
bitserve
Legendary
*
Offline Offline

Activity: 1638
Merit: 1343


Self made HODLER ✓


View Profile
July 03, 2018, 07:38:00 AM


Amir has been tied up in some dodgy stuff in the past.

Quote
As I write this, Taaki is in the process of recruiting the first five members of his academy: they will have to relinquish any other responsibility or commitment, undergo a period of “ideology training”, and live an ascetic life in the property Taaki will rent. There will be no salary other than “participation in historic action”.

This sounds as much the makings of a cult as Bitcoin development.

I wonder how long until some Bitcoin Liberation Front emerges out all this shit and starts kidnapping banksters.... hmmm no, we don't need that shit. It's sad how all nice things end up being politicized for all sort of random purposes.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
July 03, 2018, 07:41:15 AM

Amir has been tied up in some dodgy stuff in the past.
Quote
As I write this, Taaki is in the process of recruiting the first five members of his academy: they will have to relinquish any other responsibility or commitment, undergo a period of “ideology training”, and live an ascetic life in the property Taaki will rent. There will be no salary other than “participation in historic action”.
This sounds as much the makings of a cult as Bitcoin development.
I wonder how long until some Bitcoin Liberation Front emerges out all this shit and starts kidnapping banksters.... hmmm no, we don't need that shit. It's sad how all nice things end up being politicized for all sort of random purposes.

That's what bitcoin is built for, to use against the Central Banks

 (show your true colors)
bitserve
Legendary
*
Offline Offline

Activity: 1638
Merit: 1343


Self made HODLER ✓


View Profile
July 03, 2018, 07:43:34 AM

Amir has been tied up in some dodgy stuff in the past.
Quote
As I write this, Taaki is in the process of recruiting the first five members of his academy: they will have to relinquish any other responsibility or commitment, undergo a period of “ideology training”, and live an ascetic life in the property Taaki will rent. There will be no salary other than “participation in historic action”.
This sounds as much the makings of a cult as Bitcoin development.
I wonder how long until some Bitcoin Liberation Front emerges out all this shit and starts kidnapping banksters.... hmmm no, we don't need that shit. It's sad how all nice things end up being politicized for all sort of random purposes.

That's what bitcoin is built for, to use against the Central Banks

 (show your true colors)

But it is the wrong way to carry the "fight". Bitcoin needs to be adopted, that's all it needs to achieve its purpose.
mymenace
Legendary
*
Offline Offline

Activity: 1596
Merit: 1061


Smile


View Profile
July 03, 2018, 07:46:20 AM

Amir has been tied up in some dodgy stuff in the past.
Quote
As I write this, Taaki is in the process of recruiting the first five members of his academy: they will have to relinquish any other responsibility or commitment, undergo a period of “ideology training”, and live an ascetic life in the property Taaki will rent. There will be no salary other than “participation in historic action”.
This sounds as much the makings of a cult as Bitcoin development.
I wonder how long until some Bitcoin Liberation Front emerges out all this shit and starts kidnapping banksters.... hmmm no, we don't need that shit. It's sad how all nice things end up being politicized for all sort of random purposes.

That's what bitcoin is built for, to use against the Central Banks

 (show your true colors)

But it is the wrong way to carry the "fight". Bitcoin needs to be adopted, that's all it needs to achieve its purpose.

Bitcoin, legacy addressees need to be adopted, that's all it needs to achieve its purpose.


Keep the evidence alive

there we go, all good
bitserve
Legendary
*
Offline Offline

Activity: 1638
Merit: 1343


Self made HODLER ✓


View Profile
July 03, 2018, 07:51:35 AM

Amir has been tied up in some dodgy stuff in the past.
Quote
As I write this, Taaki is in the process of recruiting the first five members of his academy: they will have to relinquish any other responsibility or commitment, undergo a period of “ideology training”, and live an ascetic life in the property Taaki will rent. There will be no salary other than “participation in historic action”.
This sounds as much the makings of a cult as Bitcoin development.
I wonder how long until some Bitcoin Liberation Front emerges out all this shit and starts kidnapping banksters.... hmmm no, we don't need that shit. It's sad how all nice things end up being politicized for all sort of random purposes.

That's what bitcoin is built for, to use against the Central Banks

 (show your true colors)

But it is the wrong way to carry the "fight". Bitcoin needs to be adopted, that's all it needs to achieve its purpose.

Bitcoin, legacy addressees need to be adopted, that's all it needs to achieve its purpose.


Keep the evidence alive

there we go, all good

#Segwit4thefuture
Pages: « 1 ... 20628 20629 20630 20631 20632 20633 20634 20635 20636 20637 20638 20639 20640 20641 20642 20643 20644 20645 20646 20647 20648 20649 20650 20651 20652 20653 20654 20655 20656 20657 20658 20659 20660 20661 20662 20663 20664 20665 20666 20667 20668 20669 20670 20671 20672 20673 20674 20675 20676 20677 [20678] 20679 20680 20681 20682 20683 20684 20685 20686 20687 20688 20689 20690 20691 20692 20693 20694 20695 20696 20697 20698 20699 20700 20701 20702 20703 20704 20705 20706 20707 20708 20709 20710 20711 20712 20713 20714 20715 20716 20717 20718 20719 20720 20721 20722 20723 20724 20725 20726 20727 20728 ... 31396 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!