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Author Topic: BU is closed source??? WTF?  (Read 1511 times)
rico666
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March 23, 2017, 08:12:20 AM
 #1

https://twitter.com/WhalePanda/status/844495349528055810

Call me ignorant, but I always thought BU - as shitty as it may be - did at least release the source.
They didn't? So this hostile chink BTC takeover experiment is even more blatant than I thought it to be?

Ok - I try to be as benevolent as possible. So I assume the chinese government has grabbed dem yellow miners by the balls and demands this course of action and they have no choice but to obey. My condolences for having a mining operation in China.



Rico

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ETFbitcoin
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March 23, 2017, 08:25:45 AM
 #2

If you see about new BU update on reddit, they say they will release the source code later and they say BU still open source because the release is only delayed Roll Eyes
Even so, mining percentage is still dominated by BU (38.5% at time when i make this post) Roll Eyes

However, i think there's no problem since hard fork will happen and many people speculate BU will become minor chain.

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March 23, 2017, 08:28:54 AM
 #3

Dear all
I don't know, but why not fix and create a new version
I think only BTC coin! This is best

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davis196
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March 23, 2017, 12:58:49 PM
 #4

https://twitter.com/WhalePanda/status/844495349528055810

Call me ignorant, but I always thought BU - as shitty as it may be - did at least release the source.
They didn't? So this hostile chink BTC takeover experiment is even more blatant than I thought it to be?

Ok - I try to be as benevolent as possible. So I assume the chinese government has grabbed dem yellow miners by the balls and demands this course of action and they have no choice but to obey. My condolences for having a mining operation in China.



Rico

You believe that the Chinese government cares about mining?Pretty solid conspiracy theory. Grin
Who cares about BU being open source or closed source.BU is dying after all and this is good for all bitcoin users.

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March 23, 2017, 01:12:10 PM
 #5

If you see about new BU update on reddit, they say they will release the source code later and they say BU still open source because the release is only delayed Roll Eyes
Even so, mining percentage is still dominated by BU (38.5% at time when i make this post) Roll Eyes

However, i think there's no problem since hard fork will happen and many people speculate BU will become minor chain.

There is no stopping the hardfork as well as the split of bitcoins into BTC and BTU. Hardfork codes will no longer produced bitcoin but rather a new altcoin called BTU. Even if they will become a major chain but if they are separated from the original bitcoin then there will be no impact on bitcoins. But I am still hoping that the exchanges can harmonize the bitcoin coming from segwit and BU.

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March 23, 2017, 01:15:06 PM
 #6

You believe that the Chinese government cares about mining?Pretty solid conspiracy theory. Grin

Their actions certainly show they care a great deal about exchanges. Miners are easily found, are making huge amounts and can't exactly go anywhere in a hurry. If they don't turn their gaze towards them now, they will in the future.

If nothing else, they'll want to know where the money is going and coming from.

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March 23, 2017, 01:25:04 PM
 #7

The fact that a big chunk of mining power concentrated in the hands of few are still supporting this garbage proves that BU is a de-facto trojan horse powergrab attempt by someone with a very clear agenda.

Closed source, temporary or not, is a big capital sin in the crypto world. BU is dead for anyone with a brain.
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March 23, 2017, 01:44:08 PM
 #8

The fact is that with these BU closed source patches being banded about to key economically interested players, I wouldn't recommend any enthusiasts run a BU node with any UTXO's in their wallet. There is obviously some serious issues. Maybe reconsider when the source is released.
Classic is releasing some patches (largely blaming imported BU xthin code) and committing heavily to their repository.
Not checked on any recent XT developments.
Even core released a v0.10.5 and v0.11.3 patch a couple of weeks ago.

Seems like hackers are having a field day and will exploit any nodes weakness.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
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March 23, 2017, 01:48:27 PM
 #9

Closed source, temporary or not, is a big capital sin in the crypto world. BU is dead for anyone with a brain.
Nobody can take over bitcoin and yes all those who are still supporting BU after so much bug drama must be doing it for their own personal agenda. We need to get segwit activated rather than bigger blocks with hard fork.

iBuilding A Better Interneti
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You Can See Me Now, Hi :}
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|Hello Again
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March 23, 2017, 01:56:05 PM
 #10

Whatever our feelings on the matter to carry on is to break btcs number 1 ID decentralization, the fork in effect keeps it, a noobs opinion

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March 23, 2017, 02:19:59 PM
 #11

So much for a version claiming to be in support of the open source bitcoin experiment, eh? however it matters not closed or open what is important is that they will not be able to get listed as BTC on any exchange and if they're planning to double spend their coins on both chains after any possible HF then here is the bad news: price will fall literally 50% before anyone have the chance to successfully grab the free cash, then of course go ahead and double spend to your teeth you'll still going to get the same amount of fiat.
If you want to hurt bitcoin join BU and fork since market won't trust bitcoin until another 7-8 years passes.

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈

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March 23, 2017, 02:27:27 PM
 #12

"If programmers deserve to be rewarded for creating innovative programs, by the same token they deserve to be punished if they restrict the use of these programs."
-Richard Stallman

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March 23, 2017, 02:30:44 PM
 #13

Isn't releasing closed source patches a temporary solution? They will only do that initially and next day source code will be made public.
But by closed source development they broke some rules. I hope BU developers are aware of that. They are still using QT libraries.
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March 23, 2017, 02:35:45 PM
 #14

Isn't releasing closed source patches a temporary solution? They will only do that initially and next day source code will be made public.
But by closed source development they broke some rules. I hope BU developers are aware of that. They are still using QT libraries.

guess you just read gmaxwells script
What BU did was also technically a license violation of some of the libraries.

Of which specific libraries was this a license violation?
Of which specific libraries was this a license violation?
QT.

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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March 23, 2017, 02:43:36 PM
 #15

stop FUDDING.  jeezez christ.

There was 1 emergency patch that was closed source while it was being reviewed and then open source released the next morning.

Drama's over.

Anyway if you don't like BU, then you can have BitcoinEC patch.  Anything but Blockstream/Core.

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March 23, 2017, 03:01:36 PM
 #16

The fact that a big chunk of mining power concentrated in the hands of few are still supporting this garbage proves that BU is a de-facto trojan horse powergrab attempt by someone with a very clear agenda.

Closed source, temporary or not, is a big capital sin in the crypto world. BU is dead for anyone with a brain.

Sadly not everyone has brains. Although BTU is going to be a minor chain, it will be growing just like how ETC had been standing along with ETH.  Its not about ideology about opensource anymore, its about money. For someone who can't afford bitcoin's price, they'd have to find a way to make it affordable and BU is just one of the options to make. History may repeat itself though so maybe one day, BU will soon have a value of its own just when hard fork is done and they will split if again and again never minding whether to follow consensus.


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Sundark
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March 23, 2017, 03:17:16 PM
 #17

Isn't releasing closed source patches a temporary solution? They will only do that initially and next day source code will be made public.
But by closed source development they broke some rules. I hope BU developers are aware of that. They are still using QT libraries.

guess you just read gmaxwells script
Yes, that is right. I read his comment. So now tell me why do you think it is a "script" on his part?
Isn't it true that BU is based on QT? Why do you even try to defend BU developers when they are clearly wrong?
Kprawn
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March 23, 2017, 03:47:21 PM
 #18

https://twitter.com/WhalePanda/status/844495349528055810

Call me ignorant, but I always thought BU - as shitty as it may be - did at least release the source.
They didn't? So this hostile chink BTC takeover experiment is even more blatant than I thought it to be?

Ok - I try to be as benevolent as possible. So I assume the chinese government has grabbed dem yellow miners by the balls and demands this course of action and they have no choice but to obey. My condolences for having a mining operation in China.



Rico

You believe that the Chinese government cares about mining?Pretty solid conspiracy theory. Grin
Who cares about BU being open source or closed source.BU is dying after all and this is good for all bitcoin users.

Believe me they do and they have done this before with "centralized" technologies that wanted to threaten their currency. Just read this article

and you will see what I mean... https://www.theregister.co.uk/2009/06/30/china_bans_virtual_money_to_buy_real_world_goods_and_services/

They want FULL control and Crypto currencies are a threat to them and how they control their citizens.  Angry

Signature space for Hire :->
AliceWonderMiscreations
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March 23, 2017, 03:52:22 PM
 #19

https://github.com/BitcoinUnlimited/BitcoinUnlimited

I don't know what BU you are using, but that is the one I am using, built on my local system from source code retrieved via a git clone.

I hereby reserve the right to sometimes be wrong
mindrust
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March 23, 2017, 03:54:51 PM
 #20

There won't be a BTU anyway. I would never trust a dude with no talents. He is only an early adopter and lacks absolute skills to run a company (bitcoin corp.) which is worth 20billion$.

If BTU ever to be existed in the future, it will be pump&dump ponzicoin with a little bit of scam sauce on top. Just like any other scam alt coin there is.

Not need to mention that everybody will be dumping their shares on BTUCorp. to get BTC Corp.
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