Bitcoin Forum
May 21, 2024, 04:27:35 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: The Force of Evil are Strong in Bitcoin: Must BTC become the Microsoft of Crypto  (Read 116 times)
bitfools (OP)
Member
**
Offline Offline

Activity: 112
Merit: 12


View Profile
January 04, 2018, 08:20:41 AM
 #1

But be aware that any patch that is vulnerable to denial-of-service attacks will be rejected, and I can't think of a way to automatically adjust the block size that wouldn't be vulnerable to some big, anti-social miner (think "jerk with a botnet") deciding it would be fun to artificially drive up transaction volume, drive up the block size, and create a few gigabytes of worthless blocks we all get to download forevermore.

I almost would welcome the jerk - the jerk would help us make the network strong while the window of opportunity is as open as it's ever going to be.  The jerk would be doing us a favor.  He should be charging for the favor.  It's a "stress test".  Everyone knows the current version is non-scalable and will HAVE to be fixed.  So why not fix it sooner than later?

Just like the jerk who exploited an overflow bug in 0.3.9.  We're now stronger because of it.  It was far easier to get a few early adopters to upgrade, than a mass of five million users.

There is a huge amount of non-consensus as to what will happen when the going gets tough.  It would be far better for the longevity of the system to have it happen experimentally than have it turn off a whole influx of users.

A jerk who spams our block chain may very well give us the motivation to start working on scalability promoters like making blocks prunable, or allowing people to run "full nodes" versus "minimal nodes" etc.

No matter how much spam one jerk can produce, real transaction volume is eventually going to eclipse it... that is, if the system will scale to support it.

there are 10k jerks a minute pounding btc right now and you know it, the fact that there are so few failures and complaints of lost coin is amazing,

u already have the 'bch' fork which never met a mod it didn't like, and then core is conservative, but everybody is hell-bent on breaking core, what happened to if it ain't broken, don't fix it?

problem is u all try to make all things to all people, btc will never scale to be a day-trading platform for every 2bit jackass on earth to buy/sell 0.0001 btc orders every millisecond, it would be far better to just let the trading exchanges churn that shit and take a cut on the thrash, as the house always wins,

also this notion that every toilet in India/China/Africa should charge BTC for the 1cent shit and that be a transaction, again they already have that in those country's and its called the cell-phone credit ( a form of crypt cash )

BITCOIN is a bank for rich techies, live with it, and then for those not to lazy to have made the +2,000 BTC forks from the original code, then there too you can create your 'master-piece', the problem is that u want stuff to scale and run like ORACLE, then the problem is you need a Larry Ellison to run Oracle, and now it ain't BITCOIN anymore, its NSA-Oracle;

NSA uses Oracle for their database Ellision wouldn't be a billionaire if not for his CIA-NSA biz, and same reason here big demand to scale up bitcoin so it be the NWO currency, but then again, it wouldn't be BITCOIN anymore if it were run by GOV & VISA assholes

Then in time of course GAVIN and all the 'founders' decide its time that they become the next BILL-GATES of BITCOIN, so then its no longer everybody is a equal node, its a few guys are TRILLOINAIRES and everybody else is a muppet
Clauston
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
January 10, 2018, 09:42:02 PM
 #2

It has a lot of logic for the simple reason that it was the first that revolutionized, as billgates did when it showed its first computer. No one wanted to invest in it now there is no one who does not use Microsoft! We must always see ourselves in that example when we have doubts about investing
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!