stdset
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April 13, 2017, 05:35:20 PM |
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Speak to support bigger blocks and your website is DDoS'ed.
Proof? we know coinbase got de-listed from bitcoin.org for big block support. Delisting is not DDOSing. And I personally don't like Coinbase since long ago. They are apparently one of those companies around here who don't understand benefits of blockchain, who only concerned about snatching their piece of immediate profit without caring about long term consequences. People really do want bigger blocks.
Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough. Isn't enough for what? It's enough to scale Bitcoin short term. It's enough may be for 1 year. It's not enough for long-term scaling. Yes, we do need yet bigger blocks. But it's better to develop a universal solution which would solve blocksize problem once and for all. It's better to hardfork once than several times. Current situation is a state of emergency, Bitcoin looses market share. As it was said, all anti-segwit news = dump, like today Wang Chun's twit for instance. I think right now we should unite around the strongest development team: core. And when segwit is activated, we will have some time to discuss, ponder available blocksize solutions. And if they will be against any further blocksize change, we could question them, argue, debate, dethrone them, whatever. But we all would be calmer than we are now, because Bitcoin would be out of immediate danger.
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franky1
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April 13, 2017, 06:07:55 PM |
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Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough.
segwit only increases for those moving funds over to segwit. do not even pretend that everyone (46m utxo) will move funds to segwit to achieve a constant utility they promise. their promise is empty, and a one time 'possible' gesture feature. you cant resegwit a segwit and you cant guarantee it will be long term. and you cant guarantee how much of a gesture it will be. infact to get people over to segwit is in itself going to cause more issues because people end up needing to move funds across so it will be months of mempool bloat caused by people trying to move funds across to new keypairs its not a utopian network wide thing that happens right at activation day where everyone instantly has room to move funds around easier
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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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jonald_fyookball
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April 13, 2017, 06:12:33 PM |
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Current situation is a state of emergency, Bitcoin looses market share. As it was said, all anti-segwit news = dump, like today Wang Chun's twit for instance. I think right now we should unite around the strongest development team: core. And when segwit is activated, we will have some time to discuss, ponder available blocksize solutions. And if they will be against any further blocksize change, we could question them, argue, debate, dethrone them, whatever. But we all would be calmer than we are now, because Bitcoin would be out of immediate danger.
I'm on the same page with you about the state of emergency. Your line of thinking makes some sense... I think Core has abused their power so much that the miners don't trust them anymore. The biggest issue with your plan here is we can't undo segwit and there's issues with it: big complexity, makes on chain scaling harder, the anyone-can-spend outputs, etc. Another issue is that we have been questioning them, arguing, debating, and its been an uphill battle. We would lose momentum by capitulating to their wishes. I understand giving in would buy us some time, but its a sticky situation.
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stdset
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April 13, 2017, 06:16:47 PM |
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Yes, we do. And segwit does increase blocksize. OK, but that increase isn't enough.
do not even pretend that everyone (46m utxo) will move funds to segwit to achieve a constant utility they promise. There's no need for everybody to move their funds to new style outputs all at once, it can happen gradually. New outputs tend to be spent more frequently than old ones.
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QuestionAuthority
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April 13, 2017, 06:25:40 PM |
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There is proof that He is still using AsicBoost. Jihan Wu, in my and many others' opinions, is a dirt ball.
Legally, he is allowed to use AsicBoost. Why do you feel he is a dirt ball? "Legally" he's allowed to use it? ROTFL Yes, according to the Bitcoin accords signed in Marseille and ratified in Geneva he can use it. LOL There's no rules for Bitcoin. It's every douche for himself, slickest scammer wins.
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jonald_fyookball
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April 13, 2017, 06:41:48 PM |
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"Legally" he's allowed to use it?
Yes. He owns the patent in China.
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QuestionAuthority
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April 13, 2017, 07:05:14 PM |
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"Legally" he's allowed to use it?
Yes. He owns the patent in China. Deloitte legal case involving a Chinese patent: Clients in Japan have informed me that machine translations of their national patent applications have been filed in China on the day of the Japanese publication. Any general assessment of the validity of national Chinese patent filings are pretty much meaningless. Chinese patents are not worth the paper they're printed on. This is Bitcoin partner. Youse gonna havta do better than dat. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia.giphy.com%2Fmedia%2FDC9P4wKNrQYM0%2Fgiphy.gif&t=665&c=Htlz05vAdAjd6A)
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Alex.BTC
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April 13, 2017, 08:05:47 PM |
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There is proof out there that Jihan Wu is using AsicBoost, or a technology similar to it, which he patented. There is also plenty of proof, that the way Jihan Wu is using it, covertly, is damaging to the network.
I am not your do boy. You guys can search for the proof, but believe me, it's there.
That's just bullshit talk for 'I have nothing'. The proof is right here that you shills talk a lot of bullshit over nothing. If you idiots actually have anything solid, it'd be plastered all over the place by now. Anyone can build their own ASICBoost rigs, Jihan isn't even the only guy who has patent on it. Shill logic just fails on so many levels.
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mr.mister (OP)
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April 13, 2017, 08:27:28 PM |
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I'll have to be giving you a +1 on this with with unconditional support from me. I think the biggest issue isn't that he used AsicBoost in order to gain an unfair advantage against other miners as this is something that any business owner would do in order to further the amount of revenue and then profit at the end of the day. I think the completely horrid part about all of this is that he isn't showing his support for Segwit on the simple stance that he cares more about his bottom lines and his profits then he'd be caring about Bitcoin as a whole. As we know in order to survive and thrive, we're going to need Segwit to help us. Jihan, support Segwit or you're head is going to be delivered on a silver platter! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ^THIS!
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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mr.mister (OP)
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April 13, 2017, 08:30:24 PM |
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I'll have to be giving you a +1 on this with with unconditional support from me. I think the biggest issue isn't that he used AsicBoost in order to gain an unfair advantage against other miners as this is something that any business owner would do in order to further the amount of revenue and then profit at the end of the day. I think the completely horrid part about all of this is that he isn't showing his support for Segwit on the simple stance that he cares more about his bottom lines and his profits then he'd be caring about Bitcoin as a whole. As we know in order to survive and thrive, we're going to need Segwit to help us. Jihan, support Segwit or you're head is going to be delivered on a silver platter! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ^THIS! The point is, that Jihan Wu is opposing segwit, to be able to continue to line his pockets, instead of doing what is best for bitcoin as a whole. His services as a whole are a scam, LIke his cloud mining... The guy is just a rip-off artist. Lets get together people and take down the antpool. You guys can easily move to another pool. Don't waste your time cloud mining on hashnet. It's a scam as well. Pull your assets out of bitmain.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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freebutcaged
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April 13, 2017, 09:04:48 PM |
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Instead of fighting with nonsense arguments you could tell BU to take the Core code and only changes the block size limit and then see if miners switch or not, but they went ahead and did a recoding of entire software, that's why their nodes were attacked. do whatever you want just don't split the chain it will cause disaster to happen if bitcoin chain splits. SW will be only activated if %75 of hashpower miners signal it, still consensus.
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XbladeX
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April 13, 2017, 09:17:13 PM |
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*** SW will be only activated if %75 of hashpower miners signal it, still consensus.
I think that at this stage of BTC we should have only backward compatible soft-forks. Those forks should not affect business and suff around BTC. Probably maybe 1% fee to software creators would be good.at least Developers would have intention to create BEST STUFF. Miners will be rolled from one soft fork to another good tested softwork . Such system would give many developers opportunity to fight with Code Power. Other devs will sabotage each other at voting stage but this is good best soft will win. Same time code would be upgraded by best soft all time and EVERYbody can developing something revolutionary.To many people cry on Core that they monopolize situation but maybe if miners want some changes in that regard they should pay 1% dev tax to best DEV team and stop cry that there is no DEVELOPERS. There is no many competing developers because NOONE is willing to pay them. So or miners will pay developers some tax or they can cry a rivers how Core is bad and use their software.
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Request / 26th September / 2022 APP-06-22-4587
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mindrust
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Payment Gateway Allows Recurring Payments
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April 13, 2017, 09:23:49 PM |
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I think he is the worst thing happened to bitcoin. And i am not talking about ASICBOOST (yet). He and his company bitmain are making bitcoin centralized. How can bitcoin be decentralized while there isn't any real competition between bitcoin miner producers? Bitmain is a monopoly in this business and i am sick of it.
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mr.mister (OP)
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April 13, 2017, 09:40:30 PM |
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Your links don't mean anything. Again Jihan Wu is an obstructionist and he is a threat to the Bitcoin Network. He is putting us all invested at risk! The best thing that can happen is for miners to start pulling out of the antpool and going elsewhere. Also, I highly recommend you pull all your assets out of Hashnest which is a scam anyhow. Jihan Wu is just a robber, period! There would be no reason for me to say these things about him, if they weren't true. I am impartial with no bias. I am not a miner. I am just a Bitcoin investor, and I recognize that Jihan Wu is a major threat to the network, and he needs to be stopped NOW!!
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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Alex.BTC
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April 13, 2017, 09:42:39 PM |
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Your links don't mean anything. Again Jihan Wu is an obstructionist and he is a threat to the Bitcoin Network. He is putting us all invested at risk! The best thing that can happen is for miners to start pulling out of the antpool and going elsewhere. Also, I highly recommend you pull all your assets out of Hashnest which is a scam anyhow. Jihan Wu is just a robber, period! There would be no reason for me to say these things about him, if they weren't true. I am impartial with no bias. I am not a miner. I am just a Bitcoin investor, and I recognize that Jihan Wu is a major threat to the network, and he needs to be stopped NOW!! And you're an obvious shill repeating a Blockstream PR script like a broken record. Show us the proof or fuck off.
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mr.mister (OP)
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April 13, 2017, 09:59:39 PM |
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Your links don't mean anything. Again Jihan Wu is an obstructionist and he is a threat to the Bitcoin Network. He is putting us all invested at risk! The best thing that can happen is for miners to start pulling out of the antpool and going elsewhere. Also, I highly recommend you pull all your assets out of Hashnest which is a scam anyhow. Jihan Wu is just a robber, period! There would be no reason for me to say these things about him, if they weren't true. I am impartial with no bias. I am not a miner. I am just a Bitcoin investor, and I recognize that Jihan Wu is a major threat to the network, and he needs to be stopped NOW!! And you're an obvious shill repeating a Blockstream PR script like a broken record. Show us the proof or fuck off. haha, Your not going to get me sink down to your level. There is plenty of proof, including jhan wu's patent on a technology similar to AsicBoost, that accomplishes the same thing, that he is using covertly, and as a result, causing damage to the Bitcoin Network. There is a reason why good miners don't want AsicBoost, or anything like it. You obviously work for Jihan Wu, or have something to gain by segwit not being activated. Myself, on the other hand, want a bitcoin network that will send payments instantly, so that businesses can embrace Bitcoin, and the userbase can grow, hence, bitcoin as an asset. You are money hungry and want to profit from Bitcoin even if you cause its demise, you don't care.
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Bitcoin Cash (BCASH) is NOT the real Bitcoin
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jonald_fyookball
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April 13, 2017, 10:09:07 PM |
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Myself, on the other hand, want a bitcoin network that will send payments instantly, so that businesses can embrace Bitcoin, and the userbase can grow, hence, bitcoin as an asset.
Good news, we can send already do that with Bitcoin. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I agree we should just HF to bigger blocks and be done with it. No need for segshit.
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franky1
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April 13, 2017, 10:11:53 PM |
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so to summarise blockstream go soft.. and china goes back in time to make hardware years befor blockstream 'soft' half baked gesture.. and yep china went back in time purely to make hardware that attacks the half baked software.
or
gmax last month realised his half baked software wasnt soft enough and was actually gonna break teeth. but then has a tantrum and points fingers at others, and now doubling down to delay the community right upto the end of 2018 unless the half baked gesture gets accepted. rather then re-doing code in the way the community would actually approve of.
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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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leopard2
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April 13, 2017, 10:14:47 PM |
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The damage to the network is not so much in the covert usage of teh exploit. It is mainly due to the fact that the Asicboost exploit patent holder has been fighting Segwit, and supporting BU, for selfish reasons (namely, the goal to gain worldwide control of Bitcoin mining, by means of the Asicboost exploit which creates a 30% difficulty decrease for the patent owner). Even if Bitmain never used Asicboost until today, it would make almost no difference! This has kindled the ongoing war between Segwit and BU, the ongoing threat of a split, and a tangible damage to Bitcoins price!! ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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Truth is the new hatespeech.
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