|
Raystonn
|
 |
June 13, 2014, 08:47:41 PM |
|
At some point, if the current devs do not step up and resolve the issues important to the stability of Bitcoin, and the public perception thereof, they will find themselves out of a job. Bitcoin only follows their actions so long as a consensus wishes to do so. If more competent caretakers come through, we will shift to them. They are going to be out of a job shortly after btcd finishes getblocktemplate and bloom filter support. The "Core Developers" won't be able to filibuster any more. thanks for the introduction, this is awsom, will BTCd be open, and do you know how further development will happen? do you know if a client like Armory will work with BTCd? Ok, getblocktemplate is awesome. This gives miners knowledge of the transactions they are mining. That means mining apps can check if they are mining a double-spend, and immediately drop that block. To continue mining it would be a waste of money, as they'd get no reward from mining a double-spend fork. So now miners will have a financial incentive to block double-spends. So, in effect, once the old getwork function is completely removed, and mining apps check for and drop double-spend transactions, we have our solution. Pools will no longer be a threat when they exceed 50%. A single person/group owning more than 50% of the hashrate could still be a problem, as they could choose to disable the double-spend checking on their own hardware. But this should fix the hashrate coming from hardware distributed around the planet. |
|
|
|
|
|
phosphorush
|
|
June 13, 2014, 08:51:35 PM |
|
GHASh.IO at 50% again - Sell Sell!
|
|
|
|
|
Krabby
Sr. Member
 Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
|
|
June 13, 2014, 08:56:19 PM |
|
GHASh.IO at 50% again - Sell Sell!
nah, i'm k |
|
|
|
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2660
Merit: 2365
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
 |
June 13, 2014, 09:05:10 PM |
|
|
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2198
Merit: 1094
|
|
June 13, 2014, 09:05:13 PM |
|
Short term, 1h 30 min and 15 min MACD point to recovery to 600$.
|
|
|
|
|
|
|
Timmmaahh
Member
Offline
Activity: 98
Merit: 10
|
|
June 13, 2014, 09:08:30 PM |
|
ghash droped his networkrate from 44 PH/s to 34 PH/s  |
|
|
|
|
|
phosphorush
|
|
June 13, 2014, 09:17:24 PM |
|
Thanks, tesseract is cool btw |
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 4200
Merit: 12881
Self-Custody is a right. Say no to "non-custodial"
|
|
June 13, 2014, 09:22:37 PM |
|
BTC is less fun after I finished buying. Before, I would hope for low prices to get more coins but cheer when my old coins gained value. Now, I just wince when prices drop. I wish I was stupid enough to put the last of my fiat in; alas, I am not.
I had better go earn some fiat.
I believe that quite a few of us have realized that it is good to hang on to extra fiat to be able to buy more BTC on the downswings in order to bring down our average BTC price. Otherwise, the situation, as you seem to be experiencing, may be more stressful on the BTC price downswings. |
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 4200
Merit: 12881
Self-Custody is a right. Say no to "non-custodial"
|
|
June 13, 2014, 09:29:47 PM |
|
Please don't insult women's genitalia by using them to refer to this loser. +1 +2 Personal insults are NOT ok but in my experience a common way to express for delusional bulls who are realising that the market is about to crash! JayJuanGee, i´m NOT really pleased with your behavior. Hehehehehehe.... I must be on to something, I got an endorsement from a TROLL....    |
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1038
Trusted Bitcoiner
|
|
June 13, 2014, 09:41:23 PM |
|
|
|
|
|
|
|
Hawkix
|
|
June 13, 2014, 09:43:45 PM |
|
Why the HELL someone with Petahash needs pool at all? They should have been mining solo since start.
|
|
|
|
|
seljo
Legendary
Offline
Activity: 1179
Merit: 1014
Hodling since 2011.®
|
|
June 13, 2014, 09:46:46 PM |
|
Nice move but I got my new signature...  |
|
|
|
|
tarmi
Legendary
Offline
Activity: 1232
Merit: 1011
|
|
June 13, 2014, 09:47:59 PM |
|
that's not really news.
but I welcome it, cause I have more asks in 605 region.
BUY BUY BUY
|
|
|
|
|
mmitech
Legendary
Offline
Activity: 1148
Merit: 1001
things you own end up owning you
|
|
June 13, 2014, 09:49:14 PM |
|
bearstamp has the lowest price...
|
|
|
|
|
|
Bitcoin_is_here_to_stay
|
|
June 13, 2014, 09:52:47 PM |
|
Why the HELL someone with Petahash needs pool at all? They should have been mining solo since start.
That is a good question. But apparently they like it for some reason at GHash, they are pulling only some of their miners. Anyway, kudos to them and shame on GHash for lack of any reaction. |
|
|
|
|
boumalo
Legendary
Offline
Activity: 1946
Merit: 1019
|
|
June 13, 2014, 09:55:22 PM |
|
Why the HELL someone with Petahash needs pool at all? They should have been mining solo since start.
They removed 1.5 petahash but they have more; they get a way lower variance but you would think they should mine alone if they don't have having a few bad weeks which they shouldn't |
|
|
|
|
|
ChrisML
|
|
June 13, 2014, 10:00:55 PM |
|
In the meantime..   |
|
|
|
|
|
Poll
