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Poll
Question: Do you trust core?
yes - 28 (52.8%)
no - 25 (47.2%)
Total Voters: 53

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Author Topic: Do you trust core?  (Read 2636 times)
Killerpotleaf (OP)
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April 09, 2017, 05:19:52 AM
 #1

seriously, do you trust what they tell you?

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Amph
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April 09, 2017, 06:43:17 AM
 #2

i don't trust who is supporting bitcoin only for his own business and profit, you can't trust chinese miners as they primarely reason to exist is to milk yuan from bitcoin

there fore you can't trust their signaling for BU, what is left to trust? only core, but i'm always open for better proposal like the extention block for example, which on paper look better than segwit+LN
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April 09, 2017, 07:27:55 AM
 #3

Core is in the hands of Blockstream; attempting to promote off-chain centralization. Yes, Miners are greedy assholes who too want centralization, BUT at-least their vested interests coincide with that of bitcoin users and holders. Bitcoin is pseudo-decentralized so pick the lesser of 2 evils which coincides with Satoshis original vision of Bitcoin.

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April 09, 2017, 07:30:42 AM
 #4

blockstream - 100% no
core - 95% no (theres only a couple people who defy the gmax whip, but you dont hear them speak much)

core have become too dependant on gmax CTO and founder of blockstream

evidence: if core was 'independent' there would be no:
'its not core its an altcoin'
'they just took core code and tweaked it so REKT them as an altcoin'

there would be
'anyone can independently tweak core code'

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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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April 09, 2017, 07:31:01 AM
 #5

Bitcoin, a decentralized and trustless protocol ....

Patent1number: ****-****
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April 09, 2017, 07:34:51 AM
 #6

I suppose where money is concerned you cannot trust anyone  Cry
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April 09, 2017, 07:43:16 AM
 #7

I suppose where money is concerned you cannot trust anyone  Cry

This is actually the best answer.
We don't have to trust neither Core, neither BU.
We have to read all we can and decide for ourselves.

From what I've read, what Core tell makes more sense to me than what BU team tells. But that doesn't mean I am right in my decision.

So, OP, let's make the question fair: do you trust Bitcoin Unlimited?

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April 09, 2017, 07:50:56 AM
 #8

asic s9 chip design 2015
asicboost theory 2015
both in production 2015
public released spring 2016

segwit 2merkle envisioned december 2015
in production spring 2016
public release october 2016

feb-march 2017 gmax finds flaw in 2merkle soft segwit.
cant redesign 2merkle segwit.
april 2017 gmax call asics a attack that knew about segwit and was designed specifically to stop segwit

..
logic fail (unless time travel is possible)

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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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April 09, 2017, 07:52:13 AM
 #9

I don't see any proven facts not to trust them, unlike Chinese, antpool,  Wu, Ver, Andressen
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April 09, 2017, 08:04:23 AM
 #10

I think core (or at least the blockstream part of it) has created FUD around the dangers of a high level consensus planned hard fork. Soft forks on the segwit scale are just ugly kludges that create a two tiered network of nodes, and worst still represents a fundamental shift from the design of bitcoin.

BU I don't consider the best solution, but there are other big block nodes that can be run, so it is not core vs BU. I laughed when I looked at this authors prediction though:

https://steemit.com/fiction/@xwerk/cryptocurrency-market-cap-in-the-year-2020-or-bitcoin-ethereum-komodo-monero-bitcore-steem-decred-byteball-litecoin-lbry

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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April 09, 2017, 08:14:23 AM
 #11

Core is in the hands of Blockstream; attempting to promote off-chain centralization. Yes, Miners are greedy assholes who too want centralization, BUT at-least their vested interests coincide with that of bitcoin users and holders. Bitcoin is pseudo-decentralized so pick the lesser of 2 evils which coincides with Satoshis original vision of Bitcoin.

The bad news is that either if it's one or another, Bitcoin is remaining the same without any solution and a important problem is persisting, a problem so big that is cappable of ruining a currency. That upgrade should had been done years ago, not when the problem started to be visible.

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April 09, 2017, 08:20:40 AM
 #12

Core is in the hands of Blockstream; attempting to promote off-chain centralization. Yes, Miners are greedy assholes who too want centralization, BUT at-least their vested interests coincide with that of bitcoin users and holders. Bitcoin is pseudo-decentralized so pick the lesser of 2 evils which coincides with Satoshis original vision of Bitcoin.

The bad news is that either if it's one or another, Bitcoin is remaining the same without any solution and a important problem is persisting, a problem so big that is cappable of ruining a currency. That upgrade should had been done years ago, not when the problem started to be visible.

Yes, the problem of hitting maximum capacity for any extended period of time damages bitcoin user experience and hinders greater adoption. One team as shown they are not willing to address demand pressures in a timely fashion, instead fixating and promising future hopes. And some of these members think the block size should be reduced even further!

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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April 09, 2017, 08:21:19 AM
 #13

How can you trust someone who censors opinions they don't like? You can just hope they understand that what they do is perilous and change their ways.

You can't really trust any party that is doing the right stuff for the wrong reasons either.
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April 09, 2017, 08:24:33 AM
Last edit: May 14, 2023, 03:42:15 PM by NeuroticFish
 #14

Bitcoin is remaining the same without any solution and a important problem is persisting, a problem so big that is cappable of ruining a currency. That upgrade should had been done years ago, not when the problem started to be visible.

As others said. No matter how big the block is, if somebody wants to, it will fill it. So the solution has to be .. something different.
I am not telling that SegWit is the best solution. I don't know.

Now.. from what I've read SegWit took quite a lot of time to be implemented and tested. The problem is indeed visible for long time, but it was not so serious and was revealed during spam tests. Also an interesting fact is that after such "high" period ends, the network clears itself in 1-2 days.

I still believe that somebody has interest in spamming the network, artificially making this problem big indeed.
Right now the mempool is the smallest I've seen in long time. https://btc.com/stats/unconfirmed-tx shows it at under 1MB!


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April 09, 2017, 08:57:52 AM
 #15

i don't trust who is supporting bitcoin only for his own business and profit, you can't trust chinese miners as they primarely reason to exist is to milk yuan from bitcoin

there fore you can't trust their signaling for BU, what is left to trust? only core, but i'm always open for better proposal like the extention block for example, which on paper look better than segwit+LN
You shouldn't have to trust either.  People should be able to not trust Core and also not want to go through with BU.  A while ago jonald_fyookball claimed that people will take any change to a corrupt status quo even if smart people tell them not to (in his signature), but my view is that people shouldn't have to to trust the status quo to believe that an alternative is dumb.

When neither choice is ideal and you're kind of unclear on the exact technical details of either because any attempt at an explanation is wrought with opinion (the situation I'm facing) I just think that the best solution is to go with the team that's established and doesn't require a hard fork which would be harmful to Bitcoin in the short term, especially with altcoins jumping at its sides for a permanent purpose.

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April 09, 2017, 09:07:12 AM
 #16

I just think that the best solution is to go with the team that's established and doesn't require a hard fork which would be harmful to Bitcoin in the short term, especially with altcoins jumping at its sides for a permanent purpose.

Are you confusing hard fork with a bilateral spit? A high consensus hard fork does not result in two coins, it results in one long chain (that can have a re-org checkpoint coded in), and the other old chain is dead. No harm done.

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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April 09, 2017, 09:21:26 AM
 #17

I just think that the best solution is to go with the team that's established and doesn't require a hard fork which would be harmful to Bitcoin in the short term, especially with altcoins jumping at its sides for a permanent purpose.

Are you confusing hard fork with a bilateral spit? A high consensus hard fork does not result in two coins, it results in one long chain (that can have a re-org checkpoint coded in), and the other old chain is dead. No harm done.
From HODLers and general users, the HF wouldn't be that high consensus.  Miners supporting it doesn't necessarily represent Bitcoin in general, and you'd end up with a continued debate about scaling and potentially a lot of Core supporters holding on to BTC and selling the BTU.  Unless I'm understanding the fork wrong, everyone would have an equal number of BTC and BTU which could be sold/bought at will, right?

Uncertainty like that is never good for a market.

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April 09, 2017, 09:31:00 AM
 #18

I just think that the best solution is to go with the team that's established and doesn't require a hard fork which would be harmful to Bitcoin in the short term, especially with altcoins jumping at its sides for a permanent purpose.

Are you confusing hard fork with a bilateral spit? A high consensus hard fork does not result in two coins, it results in one long chain (that can have a re-org checkpoint coded in), and the other old chain is dead. No harm done.
From HODLers and general users, the HF wouldn't be that high consensus.  Miners supporting it doesn't necessarily represent Bitcoin in general, and you'd end up with a continued debate about scaling and potentially a lot of Core supporters holding on to BTC and selling the BTU.  Unless I'm understanding the fork wrong, everyone would have an equal number of BTC and BTU which could be sold/bought at will, right?

Uncertainty is never good for a market.

And yet again, you have changed high consensus hard fork into a core vs BU contentious fork argument. This irrational fear of hard forks that has been whipped up is detrimental to high consensus protocol development. Significant soft forks are dangerous kludges with high technical debt and a collection of nodes which are not following the same rules.

UASF is not very safe either:

https://www.reddit.com/r/btc/comments/63pzmx/any_uasf_without_miner_majority_is_a_contentious/

UASF allows any resulting hard fork bilateral split to be blamed on the users for activating it without miner majority.

I hope any UASF advocates put there money where their mouth is and move all their funds to an anyonecanspend segwit key.

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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April 09, 2017, 09:36:31 AM
 #19

Do I trust what they say all the time, well no because I don't think that you can trust what anyone tells you 100% of the time and this is especially more so when money is involved.
Do I trust them to keep the network running, yes their history shows we have had a great thing for over 7 years now.

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April 09, 2017, 09:38:34 AM
 #20

Do we have a choice?  So far Core had been the major group that make alot of commit to Bitcoin development, and we use it.  As a mere user, what else can we do?  We simply download the software and use it.  Regardless of any political intent, I just want to use a well functioning wallet and a stable bug free network and I believe Core have the capability to deliver it.



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