crazy_rabbit
Legendary
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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May 05, 2013, 09:15:11 PM |
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If the vast majority of the community doesn't like this move can't we just ignore the new patch and refuse to upgrade?
Go ahead. :-) I think you will be disappointed however. |
more or less retired.
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Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
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Daily Anarchist
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May 05, 2013, 09:16:31 PM |
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If the vast majority of the community doesn't like this move can't we just ignore the new patch and refuse to upgrade?
Go ahead. :-) I think you will be disappointed however. How so? If the vast majority stick with the 0.8.1 client I think the 0.8.2 client people would be disappointed. |
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bitcoiners
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May 05, 2013, 09:16:41 PM |
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This is bad news for Bitcoin.
Well, there is always Litecoin.
Cheers.
Uh, last I checked Litecoin is *more* expensive per transaction then Bitcoin. In order to fix the dust spam problem transaction fees are very high. And last I heard there is a massive update due for Litecoin that is changing the transaction fees. Unless no one is working on Litecoin and I was misinformed. |
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bitcoiners
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May 05, 2013, 09:17:36 PM |
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If the vast majority of the community doesn't like this move can't we just ignore the new patch and refuse to upgrade?
Go ahead. :-) I think you will be disappointed however. If the majority doesn't upgrade and the majority doesn't want it. Then the devs need to listen to the majority. End of Story. |
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skang
Sr. Member
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Activity: 452
Merit: 252
from democracy to self-rule.
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May 05, 2013, 09:18:03 PM |
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If the vast majority of the community doesn't like this move can't we just ignore the new patch and refuse to upgrade?
So NOT upgrading would work against this? What are the other alternatives? Would changing wallets work? I seriously want to opt out of this one. Please list the alternatives so people/miners can decide for themselves. |
"India is the guru of the nations, the physician of the human soul in its profounder maladies; she is destined once more to remould the life of the world and restore the peace of the human spirit.
But Swaraj is the necessary condition of her work and before she can do the work, she must fulfil the condition."
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TraderTimm
Legendary
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Activity: 2408
Merit: 1121
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May 05, 2013, 09:20:38 PM |
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You can all thank Erik "Tony Hayward" Voorhees for polluting the blockchain so badly that this has come to pass.
Thanks for "stress testing" us to a hard-fork, Erik (again). You're such a champ - at taking people's money. I'd also like to thank all the mouth-breathing fools that thought Satoshi Dice was a good idea. You're also at fault too.
Great job, Erik - you profit-first douchebag.
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fortitudinem multis - catenum regit omnia
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hello_good_sir
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May 05, 2013, 09:25:25 PM
Last edit: May 06, 2013, 01:06:09 PM by hello_good_sir |
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In theory this is not a protocol change, but in practice it isn't.
Miners running this fork of the software will not only not process small transactions, but they will not even relay them. Which means that miners running legitimate clients will not be able to process small transactions because these transactions will never be relayed to them.
Bitcoin is no longer sufficiently divisible to be the global currency. This really changes the potential maximum valuation.
Anyone blaming Satoshi's Dice is not contributing to the conversation. The block size is limited to 1 MB, which is not too big. If you don't want SD transactions in the chain feel free to out-compete them by making transactions with larger fees.
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Gabi
Legendary
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Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
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May 05, 2013, 09:27:04 PM |
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You can all thank Erik "Tony Hayward" Voorhees for polluting the blockchain so badly that this has come to pass.
Thanks for "stress testing" us to a hard-fork, Erik (again). You're such a champ - at taking people's money. I'd also like to thank all the mouth-breathing fools that thought Satoshi Dice was a good idea. You're also at fault too.
Great job, Erik - you profit-first douchebag.
Nonsense, bitcoin is about profit and free market, if a single person is able to do so much damage then it is bitcoin fault |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 05, 2013, 09:28:01 PM |
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This is a big hit on my business model.
Volatility of price is one thing...volatility of functionality is another.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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TsuyokuNaritai
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May 05, 2013, 09:29:38 PM |
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Maybe use litecoin, that's one of the reasons it was created.
Minimal fee is 0.1 LTC. It's 35 cents. Too high for micro-transactions. Does anyone know which alts are currently ideal for micro-transactions? |
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kokjo
Legendary
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Activity: 1050
Merit: 1000
You are WRONG!
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May 05, 2013, 09:29:51 PM |
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In theory this is not a protocol change, but in practice it is.
Miners running this fork of the software will not only not process small transactions, but they will not even relay them. Which means that miners running legitimate clients will not be able to process small transactions because these transactions will never be relayed to them.
Bitcoin is no longer sufficiently divisible to be the global currency. This really changes the potential maximum valuation.
Anyone blaming Satoshi's Dice is not contributing to the conversation. The block size is limited to 1 MB, which is not too big. If you don't want SD transactions in the chain feel free to out-compete them by making transactions with larger fees.
fuck you! you should not decide what my computer send and what it does not send. if i don't want to relay transactions under a certain value, i don't relay them. fork the client, and stop crying. |
"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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bitcoiners
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May 05, 2013, 09:31:32 PM |
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You need to make a poll... |
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gweedo
Legendary
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Activity: 1498
Merit: 1000
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May 05, 2013, 09:31:39 PM |
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I agree with this we need to fork, bitcoin was once known for the small transactions, and they want to take that away. Gavin has an ego and it needs to be taken under control. This is ridiculous this is a fix because they don't want to spend time trying to fix the bloat of the blockchain thru censorship!
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bitcoiners
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May 05, 2013, 09:32:47 PM |
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Volatility of price is one thing...volatility of functionality is another.
Bingo... |
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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May 05, 2013, 09:33:45 PM |
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I think that the point here is that we don't have any better solutions. I don't care about pico dollars transactions. I'm worried about how it looks like we can't handle a high volume of transactions.
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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Fiyasko
Legendary
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Activity: 1428
Merit: 1001
Okey Dokey Lokey
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May 05, 2013, 09:34:04 PM |
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From what i've read, what people are saying is that 0.8.2. is going to not allow micro transactions worth less than 5430 satoshi's?
Bitcoin was designed to be divisible by 8 decimal places, If we are removing some of those decimals we are undermining the entire structure of bitcoin!
I can fully understand and agree that a transaction of .00000002 should be blocked though
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bitcoiners
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May 05, 2013, 09:36:35 PM |
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I think that the point here is that we don't have any better solutions. I don't care about pico dollars transactions. I'm worried about how it looks like we can't handle a high volume of transactions.
Agreed. Also who is saying the price is staying where it is? It could go to 10k then these transactions would be necessary. So we change functionality again? Sorry, this is bullshit. |
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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May 05, 2013, 09:39:31 PM |
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If the vast majority of the community doesn't like this move can't we just ignore the new patch and refuse to upgrade?
Go ahead. :-) I think you will be disappointed however. How so? If the vast majority stick with the 0.8.1 client I think the 0.8.2 client people would be disappointed. Well they are fixing things in the upgrade releases, so I think in general you will want to upgrade. If not now, then eventually. Bitcoin is still Beta level software- there are still quite a few bugs to be worked out. |
more or less retired.
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bitcoiners
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May 05, 2013, 09:41:53 PM |
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If the vast majority of the community doesn't like this move can't we just ignore the new patch and refuse to upgrade?
Go ahead. :-) I think you will be disappointed however. How so? If the vast majority stick with the 0.8.1 client I think the 0.8.2 client people would be disappointed. Bitcoin is still Beta level software- there are still quite a few bugs to be worked out. Um, transaction size is not a bug. |
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