franky1
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April 17, 2017, 06:14:17 AM |
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Satoshi's whitepaper was riddled with flaws and oversights and misjudgments.
or satoshi was forward thinking of wanting to go left. but core went to the right. and now wants to pretend they own bitcoin and even want to re-write the white paper to make it look like SATOSHI's whitepaper was always talking about the 'segwit way'
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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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Lauda
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Terminated.
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April 17, 2017, 09:01:42 AM |
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3. Read the white-paper and you will see that unlike Blockstream and Core, I'm advocating for the very thing that Bitcoin was designed to be from day one. Wrong. You only quote parts which suite your agenda, whilst ignoring other piece or statements by Satoshi which don't or which you do not understand. Relevant to the quote from OP, Satoshi had in mind that SPV fraud proofs were practically feasible. If they were, then you could argue that that many full nodes are not as required as they are today (or at least not for financial sovereignty). Small hint: SPV fraud proofs are not real thing yet. Even with 32mb full blocks , that's 192 megabytes per hour. Not exactly cost prohibitive for miners even with today's technology. Heck, I can download 192 megabytes in about 20 seconds.
If we ignore the centralization effect, the absurdly higher orphan rates and the risk of a DoS, this still isn't feasible. You're talking about killing off more than half the network. I'm still not sure why you're preaching about things that you don't understand yourself?
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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farharhadi
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April 17, 2017, 09:23:49 AM |
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what will happen, whether he is a member of this forum?
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franky1
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April 17, 2017, 11:46:13 AM |
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You're talking about killing off more than half the network. I'm still not sure why you're preaching about things that you don't understand yourself?
go play with a stripped and prunned node and tell me its still 100% full node!! if you want to talk about killing off more then half the network. stop preaching about your crush with gmax and his colleagues and learn bitcoin
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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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Core dev leaves me neg feedback #abuse #political
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April 17, 2017, 01:58:23 PM |
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Even with 32mb full blocks , that's 192 megabytes per hour. Not exactly cost prohibitive for miners even with today's technology. Heck, I can download 192 megabytes in about 20 seconds.
If we ignore the centralization effect, the absurdly higher orphan rates and the risk of a DoS, this still isn't feasible. You're talking about killing off more than half the network. I'm still not sure why you're preaching about things that you don't understand yourself? The 2 primary constraints are bandwidth and storage, both of which have been, and are continuing to become more abundant and cheaper. The 'centralization effect' and the 'higher orphan rates' you speak of are consequences of a lack of those resources. I just gave an example of how those resources are expanding. But since you believe you are so much more knowledgeable, please tell us why I am wrong.
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Lauda
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April 17, 2017, 09:44:55 PM Last edit: April 17, 2017, 09:59:05 PM by Lauda |
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You're talking about killing off more than half the network. I'm still not sure why you're preaching about things that you don't understand yourself?
go play with a stripped and prunned node and tell me its still 100% full node!! if you want to talk about killing off more then half the network. stop preaching about your crush with gmax and his colleagues and learn bitcoin You statement has nothing to do with what I wrote. The reason for that is, exactly what I've mentioned earlier, lack of knowledge. The 2 primary constraints are bandwidth and storage, both of which have been, and are continuing to become more abundant and cheaper.
There is zero guarantee that this is going to continue, especially in the case of a global conflict which is very likely nowadays. The 'centralization effect' and the 'higher orphan rates' you speak of are consequences of a lack of those resources. I just gave an example of how those resources are expanding. But since you believe you are so much more knowledgeable, please tell us why I am wrong.
You have no idea what you're talking about, and I highly suggest (although you're going to ignore it or dismiss it) for you to stop spreading bullshit. Orphan rates have nothing to do with neither bandwidth nor storage. Orphan rates are about propagation time, i.e. propagation delay. Increased bandwidth and storage requirements are going to centralize non-mining nodes; they are not really relevant to centralization of mining because of orphan rates. Propagation speed vs. bandwidth ELI5 (specially for you jonald): https://cs.stackexchange.com/questions/16402/difference-between-propagation-speed-and-bandwidth-in-digital-communication
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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Quickseller
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April 17, 2017, 11:24:06 PM |
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The 2 primary constraints are bandwidth and storage, both of which have been, and are continuing to become more abundant and cheaper.
There is zero guarantee that this is going to continue, This is not how systems and networks are planned. When an engineer is planning a system, he will make certain assumptions regarding what will likely happen in the future.
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Lauda
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April 17, 2017, 11:29:30 PM |
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The 2 primary constraints are bandwidth and storage, both of which have been, and are continuing to become more abundant and cheaper.
There is zero guarantee that this is going to continue, This is not how systems and networks are planned. When an engineer is planning a system, he will make certain assumptions regarding what will likely happen in the future. You are comparing traditional systems to Bitcoin, which is a fallacy. The failure of said systems, for any given period of time would be much less destructive than a similar failure in Bitcoin. The network needs to be prepared and robust for all outcomes. You could argue that even the upper bound of Segwit, i.e. 4 MB, could be considered too much. There is most certainly inadequate amount of research in to the effects of big blocks on the Bitcoin nodes (i.e. how many % would be lost at which block size). This is one of the reasons for which the "big blockers" throw out random block sizes as "acceptable", or even "compromises"; their opinions aren't backed by data.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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franky1
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April 17, 2017, 11:51:35 PM Last edit: April 18, 2017, 12:05:30 AM by franky1 |
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You're talking about killing off more than half the network. I'm still not sure why you're preaching about things that you don't understand yourself?
go play with a stripped and prunned node and tell me its still 100% full node!! if you want to talk about killing off more then half the network. stop preaching about your crush with gmax and his colleagues and learn bitcoin You statement has nothing to do with what I wrote. The reason for that is, exactly what I've mentioned earlier, lack of knowledge. its about prunned/no witness(Stripped) nodes are more then likely to kill off more than half the network how about you stop preaching the blockstream half baked features, take off the blockstream defender cap and wear the critical thinking logical cap about whats best for the bitcoin network here is your own self debunking the myth that dynamics and big blockers will kill half the network There is most certainly inadequate amount of research in to the effects of big blocks on the Bitcoin nodes (i.e. how many % would be lost at which block size).
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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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the.scientist
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April 18, 2017, 12:17:27 AM |
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Man, what a user phobia this guy has.
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FiendCoin
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The devil is in the detail.
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April 18, 2017, 12:26:15 AM |
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its about prunned/no witness(Stripped) nodes are more then likely to kill off more than half the network
how about you stop preaching the blockstream half baked features, take off the blockstream defender cap and wear the critical thinking logical cap about whats best for the bitcoin network
here is your own self debunking the myth that dynamics and big blockers will kill half the network
So says franky1 McShillinsteen Dude, you got to be the #1 anti-core/ anti-blockstream shill on this site. Your shill-tastic posts always make me LOL
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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Quantus
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April 18, 2017, 12:28:51 AM |
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Satoshi's whitepaper was riddled with flaws and oversights and misjudgments.
Oh yeah, you're way smarter. So smart I'm ignoring you. But its true.
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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regular
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April 18, 2017, 12:32:40 AM |
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https://twitter.com/rogerkver/status/853250894162350080Only a node that is mining is a true full node. The rest are just slowing down the propagation of blocks between the real full nodes. At this point, I am convinced Roger Ver is compromised and is posting absurd shit like this to tip us off. It's still Roger... If any of his accounts have been compromised I doubt the hacker would have used his accounts in this purpose, but rather to scam actual spendable funds. Also Roger would have discovered about the hack very quickly afterwards. The chances are slim, but it could be true.
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franky1
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April 18, 2017, 12:33:12 AM |
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look passed the word scripts of reddit look passed the scripts of "call those anti-sgwit guys shills" look passed the cabin fever of blind adoration of blockstream then take a critical mind and read the code of segwit actually understand it. look at the way it used a backdoor (even they admit as much) look at how the promises of fixes are not 100% look at how it changes the network topology with upsteam filters (their buzzword not mine) look at how the quadratic/ malle' and even new attack vectors are possible even with segwit 'active' look at the flaws and limitations. you can call me anything you like but.. at least try to understand what you are trying to defend by really understanding it first
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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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Quantus
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April 18, 2017, 12:35:05 AM Last edit: April 18, 2017, 12:47:59 AM by Quantus |
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Everyone knows your a shill Franky. We may not know where your money is coming from but we know your making bank. I mean at this rate you'll be over 2k posts in a few days.
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(I am a 1MB block supporter who thinks all users should be using Full-Node clients) Avoid the XT shills, they only want to destroy bitcoin, their hubris and greed will destroy us. Know your adversary https://www.youtube.com/watch?v=BKorP55Aqvg
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franky1
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April 18, 2017, 12:36:21 AM |
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Satoshi's whitepaper was riddled with flaws and oversights and misjudgments.
Oh yeah, you're way smarter. So smart I'm ignoring you. But its true. not flaws.. its just that blockstream have taken core far far far away from the original vision/ethos of bitcoin. funny how you blame the inventors original vision as being the thing thats wrong. rather than whats mean moved away from that original vision
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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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QuestionAuthority
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You lead and I'll watch you walk away.
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April 18, 2017, 12:37:45 AM |
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its about prunned/no witness(Stripped) nodes are more then likely to kill off more than half the network
how about you stop preaching the blockstream half baked features, take off the blockstream defender cap and wear the critical thinking logical cap about whats best for the bitcoin network
here is your own self debunking the myth that dynamics and big blockers will kill half the network
So says franky1 McShillinsteen Dude, you got to be the #1 anti-core/ anti-blockstream shill on this site. Your shill-tastic posts always make me LOL I wonder how much shills get paid? Meh, it doesn't matter I guess. The whole core/classic/BU/blockstream subject bores me so much I wouldn't be able to make any money anyway.
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Owl_Fintech
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Byteball.org - airdropped high-end cryptocurrency
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April 18, 2017, 12:45:32 AM |
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I think it's unlikely that the account was compromised, or he would have already pronounced himself. But who knows...
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⚪ Byteball (https://byteball.org/) ❱❱❱ I T J U S T W O R K S . ❱❱❱ Sending Crypto to Email - Risk-Free Conditional Smart Payments - ICO Platform with KYC ANN THREAD (https://bitcointalk.org/index.php?topic=1608859.0) TELEGRAM (https://t.me/byteball) TWITTER (https://twitter.com/ByteballOrg) MEDIUM (https://medium.com/byteball) SLACK (https://slack.byteball.org/) REDDIT (https://www.reddit.com/r/ByteBall/)
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franky1
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April 18, 2017, 12:46:06 AM |
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Everyone knows your a shill Franky, how your making your money we don't know but we know your a shill.
lol you just want to pigeon hole rathr then actually debunk blockstreams failings.. very empty rebuttle that is. me but my opinions are based on: decentralised diverse consensus network. not blockstream(core) dominant network i actually would be happy with core working ALONGSIDE the other DOZEN different and diverse implementations if core didnt have the blockstream(DCG) agenda. also. many fail to pigeon hole me into xt classic bu or other "brands". because i want: decentralised diverse consensus network. not any particular "brand" so nice try. but when you defend blockstream but fail to rebut the context of the technical flaws of segwit and just shout "shill" as yoer defensive argument. it makes you look weak. segwit dos not solve quadratics.. it makes it 4x worse: 0.12 4k maxtxsigops (~10sec validation time) 0.14 16k maxtxsigops (~8min validation time) multisigs themselves solve malleability by requiring a second person sign off on a transaction segwit is not a 2mb or 4mb capacity growth promise. it requires EVERYONE to move funds to segwit keypairs and stick with those key pairs without any native key users.. to even get close to the 2mb 'gesture' segwit has taken a year and a half of delays for a half gesture 2merkle TIER network.. yet could have been done in less time as a single merkle full network consensus upgrade that could have included other features like dynamics.. where their would not have been debates, drama and the community would have been united
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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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FiendCoin
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The devil is in the detail.
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April 18, 2017, 12:47:18 AM |
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look passed the word scripts of reddit look passed the scripts of "call those anti-sgwit guys shills" look passed the cabin fever of blind adoration of blockstream then take a critical mind and read the code of segwit actually understand it. look at the way it used a backdoor (even they admit as much) look at how the promises of fixes are not 100% look at how it changes the network topology with upsteam filters (their buzzword not mine) look at how the quadratic/ malle' and even new attack vectors are possible even with segwit 'active' look at the flaws and limitations. you can call me anything you like but.. at least try to understand what you are trying to defend by really understanding it first You're so anti-core, anti-blockstream that either you're paid to do this or gmaxwell has personally hurt you in some manner? You're posts suggest you have a tremendous amount of hate and contempt for Blockstream and anything related to them. Its very suspicious.
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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