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Author Topic: Will BU Fork Soon Rip the Network in Half?  (Read 3458 times)
Nemo1024
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May 11, 2017, 08:15:39 PM
 #41

bitcoin is a symbiotic relationship between nodes and pools

This is one of the main reasons why I am still running a full node. Although I can't keep the node online at all time, I still try to keep at least 6-8 hours online during weekdays.

I think so far the two side still have one thing in common - no one wants to split bitcoin into two.

Same here, though my non-mining full node has been up 24/7 for over 3 years now.  Grin

Looking into setting up a BU node...

“Dark times lie ahead of us and there will be a time when we must choose between what is easy and what is right.”
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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May 11, 2017, 08:23:35 PM
 #42

Same here, though my non-mining full node has been up 24/7 for over 3 years now.  Grin

Looking into setting up a BU node...
Is that because you want to move from the stability of a node that runs 24/7 for 3 years to one that crashes on a weekly basis because that's more fun?

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May 11, 2017, 10:47:32 PM
 #43

***
Is that because you want to move from the stability of a node that runs 24/7 for 3 years to one that crashes on a weekly basis because that's more fun?

maybe running core was boring Smiley he needs some action.
BU won't fork i they to scary to have fail at start and compotation.
I don't think that anyone would give them any bigger money.

For BTC would be idead to break into 2 and Unimited would broke in half way , that would be so hilarious Cheesy

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Wind_FURY
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May 12, 2017, 01:37:05 AM
 #44

from what i have been reading lately from around the web, the greater community wants segwit, which seems to be a success on every alt coin it has been applied to. cant see why any miners would want to risk splitting bitcoin and causing a crash when we have record highs in value, volume and fees. the only logical thing for miners to do is follow the money with segwit.


Lies spread by the BTC Core Troll Army ,

None of the alts that activated shitwit are even using it for LN yet.


Would it not take more time to develop and test before it can be deployed? Give Segwit more time on Litecoin and let us see what happens. If it is good then maybe Bitcoin can activate it if no then at least we know.


Quote
What is funny is not one of those alts need shitwit, they all have plenty of transaction capacity to spare,
in fact, there ONCHAIN transactions are so fast and cheap , LN will probably never used them.

Yes. It is more to hype Litecoin and maybe test the technology for Bitcoin. The outcome could be good.

Quote
Shitwit/LN will decrease the transaction fee Profits for the miners , they are a few years from the block halving, so transaction fees or the amount of transaction fees included per block will have to increase dramatically for them to make the same amount of money.

BTC Core can lie all they want , Chinese Miners are not stupid enough to believe Core Lies.


 Cool

Then they should hard fork it immediately away from Core to Bitcoin Unlimited. What are they waiting for?

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cryptoanarchist
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May 12, 2017, 01:37:39 AM
 #45

Indeed, and bitcoin also needs users. 99% of people run Core software, nobody trusts Buggy Unlimited.

Well, that's just a plain lie:

http://nodecounter.com/#nodes_pie_graph

That took about 30 seconds to look up. Core has dropped to around 86%. They basically had a kind of 'first-mover' advantage with the perception of being the"official" client. Now they're losing share because of their own actions, ironically.

Those facts aside, anyone who understands how and why Bitcoin works understands that this 'node' count (they're not actually nodes) is entirely irrelevant, anyway.


I'm grumpy!!
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May 12, 2017, 01:50:38 AM
Last edit: May 12, 2017, 02:38:12 AM by franky1
 #46

Indeed, and bitcoin also needs users. 99% of people run Core software, nobody trusts Buggy Unlimited.

Well, that's just a plain lie:

http://nodecounter.com/#nodes_pie_graph

That took about 30 seconds to look up. Core has dropped to around 86%. They basically had a kind of 'first-mover' advantage with the perception of being the"official" client. Now they're losing share because of their own actions, ironically.

Those facts aside, anyone who understands how and why Bitcoin works understands that this 'node' count (they're not actually nodes) is entirely irrelevant, anyway.

also worth noting that the 86% includes versions of core 0.8 - 0.12 which are not even segwit compatible.
infact many are INDEPENDENT people that forked the core, and made their own tweaks and updates themselves and not bothered sticking with core.
some are even classic/BU/XT nodes in disguise to avoid DDoS attacks from the core gang who only attack user agents that appear not to be core.


also worth noting segwit is IMPLICITLY at 66% and EXPLICITLY well BELOW 66%

also worth noting and even funnier is that BTCC (highly ass kissing core/blockstream/segwit) doesnt even use cores upto date software, they done their own tweaks to their own pool software
https://bitnodes.21.co/nodes/?q=BTCC:0.13.1


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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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May 12, 2017, 02:59:42 AM
 #47

Core is not perfect, but BU is just sad. Might as well stand for Bugs Unlimited.


Can I add : with closed source update ?
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May 12, 2017, 03:03:06 AM
 #48

Core is not perfect, but BU is just sad. Might as well stand for Bugs Unlimited.

Can I add : with closed source update ?

No, you may not. Code for all releases is publicly available.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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May 12, 2017, 03:07:45 AM
 #49

Core is not perfect, but BU is just sad. Might as well stand for Bugs Unlimited.


Can I add : with closed source update ?

can i add that even core dont disclose issues for atleast a month after fix
https://github.com/bitcoin/bitcoin/issues/10364
Quote
but we do not publicly announce bugs even after they have been fixed for some time.
Quote
announcing bugs with exploit guidelines [within] 30 days after a fix is released would put a ton of our users at massive risk

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May 12, 2017, 03:55:41 AM
 #50

Then they should hard fork it immediately away from Core to Bitcoin Unlimited. What are they waiting for?

~65% would be my guess,   Cheesy Cheesy Cheesy


 Cool
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May 12, 2017, 03:28:23 PM
 #51

Indeed, and bitcoin also needs users. 99% of people run Core software, nobody trusts Buggy Unlimited.

Well, that's just a plain lie:

http://nodecounter.com/#nodes_pie_graph

That took about 30 seconds to look up. Core has dropped to around 86%. They basically had a kind of 'first-mover' advantage with the perception of being the"official" client. Now they're losing share because of their own actions, ironically.

Those facts aside, anyone who understands how and why Bitcoin works understands that this 'node' count (they're not actually nodes) is entirely irrelevant, anyway.



"%99" is just a saying. In any case, "everyone" runs Core, the rest of software is marginal and anecdotal. Those pushing to hard fork into a network were nobody trusts the software is a total joke and a disaster. Fork into your own altcoin instead of trying to steal the BTC token which is all they care about.

Buggy Unlimited is a mirage, it's literally dead and the mirage is only sustained by the nonsense of thinking the centralized haspower of some chink is of bigger importance than full validating nodes + exchanges + merchants + bitfinex futures indicating BUG will get dumped and so on.

If Buggy Unlimited was so good they would fork and compete as an altcoin but they know they know nobody would give a fuck.
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May 12, 2017, 08:41:49 PM
 #52

Same here, though my non-mining full node has been up 24/7 for over 3 years now.  Grin

Looking into setting up a BU node...
Is that because you want to move from the stability of a node that runs 24/7 for 3 years to one that crashes on a weekly basis because that's more fun?

Possibly... Bring back the days when I was switching from CPU mining to GPU mining and things crashed from time to time and you had to do a headscratcher to figure out why.  Grin

Need to look into this BU thingy for myself before I make any opinion on it, and tinkering with it is the best way to start. I didn't say that the Bitcoin full node is going off-line - they can live on different machines.

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May 12, 2017, 11:48:55 PM
 #53

That would be really sad to see politics destroy what we all have built over the last several years. A new mechanism needs to be put into place to ) fix this so (inability to reach a decision) in the future so we never see a repeat of it.

Its issue like this that keep the sec from approving ETF's. If the issue never came up bitcoin would probably already be $5000.
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May 13, 2017, 02:44:33 AM
 #54

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

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May 13, 2017, 02:59:25 AM
 #55

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

Yep, its dead in the water
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May 13, 2017, 03:18:47 AM
 #56

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.
No it wouldn't. Why everyone thinks that jumping to BU would be like a disaster for bitcoin? BU has a strong developers team and their idea to increase the block size limit is really logical, just look at the fees right now, who would use bitcoins daily right now when you have to pay a massive fee of nearly one dollar or even more to just send over a few cents over the network? For me it just sounds ridiculous that's why I'm for BU, I'm fed up with all that core crap we need a big change here and now. Also segwit would be a huge loss for the miners which would mean that less and less people would be mining, thus bitcoin would become less decentralized.

 
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May 13, 2017, 06:24:33 PM
 #57

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

I'm not here to argue with an obvious troll post, but just to demonstrate for others here: What is your proof or reasoning that BU developers are subpar to Core dev Matt Corallo, who's basically just out of high school?

I'm grumpy!!
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May 13, 2017, 06:38:37 PM
 #58

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.
I'm not here to argue with an obvious troll post, but just to demonstrate for others here: What is your proof or reasoning that BU developers are subpar to Core dev Matt Corallo, who's basically just out of high school?
lol yes an (in)valid point. the measurement along a seniority sorority principle seems sorrowrongiglly off shot, sisters. age tells nothing about a programer except perhaps an affinity towards newer languages like Rust or Golang or Node.
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May 13, 2017, 06:42:09 PM
 #59

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.
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May 13, 2017, 06:56:41 PM
 #60

Can some one please explain to me what difference does it make for me with 15BTC in my addresses if the network running on Core or other versions? isn't this all topics about miners and their revenue?
What happens if we go with BU and fees keep going up and with delayed conformations?

What happens if I try to transfer 1BTC from my address to someone else if I use a BU node? will I be able to send without fee or low fees like 120sat/b?

At least SW is providing a way to avoid spam attacks and keep coins safe, yes you will need to move your funds to new keys but what is BU doing about that? nothing they just keep crashing.

I just want to mention this, what ever happens other than hard fork without 95% consensus our coins are fine and there is no need for panic even with hard fork as long as we are not transferring we're fine even if we send transactions we'll be fine as nothing will happen to our coins.

As a bitcoin user that is most important part and concern the rest is just for miners and their rewards+fees.
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