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Author Topic: Why do some people believe that only the nodes miners run matter?  (Read 1474 times)
Wind_FURY
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June 28, 2018, 06:31:34 AM
 #61

Are you replying in the wrong thread to make things confusing again? Seriously, grow up

Haha. I thought it was only me because I was a little stupid to "get" some concepts about Bitcoin, and I swear I thought some of his "theories" might be biased or too extreme and impractical that they will not materialize.

But I believe he is a person to learn from. I hope the other posters will not be afraid to ask him more questions.

I think some of you will find this very interesting: https://www.youtube.com/watch?v=YMvI73jJ6uc
I would recommend at least watching from 28:00-33:00 (by that point you'll be hooked  Wink). Andrew DeSantis explains the importance of the Satoshi address format, the importance in maintaining the continued, shared heritage with the genesis block , and its address format, etc.

He also implies around 31:40 that the Satoshi fork will be very valuable there will be a Satoshi fork, since it contains the last 10 years of data on the blockchain.

There are known and emergent properties of the Satoshi address format that will be lost forever when we switch to bech32 addresses. He posits that this change in address format, which no one seems to question, may break the bitcoin incentive system in unexpected, and even currently unknown, ways.

Thanks. I will watch it later.


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June 29, 2018, 12:28:07 PM
Merited by Foxpup (3)
 #62

I think some of you will find this very interesting: https://www.youtube.com/watch?v=YMvI73jJ6uc
I would recommend at least watching from 28:00-33:00 (by that point you'll be hooked  Wink). Andrew DeSantis explains the importance of the Satoshi address format, the importance in maintaining the continued, shared heritage with the genesis block , and its address format, etc.

He also implies around 31:40 that the Satoshi fork will be very valuable there will be a Satoshi fork, since it contains the last 10 years of data on the blockchain.

There are known and emergent properties of the Satoshi address format that will be lost forever when we switch to bech32 addresses. He posits that this change in address format, which no one seems to question, may break the bitcoin incentive system in unexpected, and even currently unknown, ways.
That is absolute nonsense. Bech32 is superior to the legacy address format(s) in every definable-aspect. There is no network effect on the addresses; 99.9% of the users today don't care whether the prefix is '1', '3', 'bc1'  or something completely random. He's partially delusional. Stop listening to fake experts.

I quit this video after 5 minutes. I'm almost better off listening to Ver's gibberish, at least he isn't trying hard. Smiley

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July 13, 2018, 01:45:37 PM
Last edit: July 13, 2018, 02:19:14 PM by Traxo
 #63

Every post from @anunymint apparently was deleted. The thread is now very difficult to understand because a significant portion of the discussion is missing.

Some of this thread was archived here and here.
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July 13, 2018, 01:57:25 PM
Merited by Foxpup (1)
 #64

Every post from @anunymint apparently was deleted. The thread is now very difficult to understand because a significant portion of the discussion is missing.

The account has been banned and all posts deleted. https://bitcointalk.org/index.php?action=profile;u=2189580
https://snag.gy/loMb9V.jpg

It might be because of the lies and misinformation they were spreading.


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July 13, 2018, 02:03:16 PM
Last edit: July 13, 2018, 04:15:49 PM by Traxo
 #65


It might be because of the lies and misinformation they were spreading.



CENTRALIZED determination of what is misinformation is the antithesis of our entire decentralized crypto movement.
Bitcointalk is no longer congruent with our movement.
It has become some echo chamber for selling CENTRALIZED, PERMISSIONED, BOOTY calls.
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July 13, 2018, 02:27:25 PM
 #66

Every post from @anunymint apparently was deleted. The thread is now very difficult to understand because a significant portion of the discussion is missing.

Many will argue that it makes far more more sense now.    Cheesy

It was less of a "discussion" and more of a diatribe anyway.  Plus, readers should still be able to gain sufficient context from the segments of insanity that remain in quotes.


CENTRALIZED determination of what is misinformation is the antithesis of our entire decentralized crypto movement.
Bitcointalk is no longer is congruent with our movement.

You know what else is antithetical to crpyto and our movement?  Theft at the protocol level.  No amount of calling it a "donation" changes the fact that people have ownership over the funds in their SegWit addresses and they aren't going to relinquish that ownership by following a chain where the funds have been taken.  If you think advocating theft is congruent with our movement, you need to find another movement.

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July 13, 2018, 02:36:37 PM
 #67

It was less of a "discussion" and more of a diatribe anyway.

Even if that were true, you entirely did not respond to my point.

You know what else is antithetical to crpyto and our movement?  Theft at the protocol level.

You do not know the definition of decentralization.
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July 31, 2018, 03:50:51 PM
 #68

Every post from @anunymint apparently was deleted. The thread is now very difficult to understand because a significant portion of the discussion is missing.
Good Riddance!!

He was spreading confusion and conspiracy theories. His basic argument was that what he was saying needs an understanding of Game theory and Schelling points. Nobody else was intelligent enough to understand it and so he was right. How else is that different from that other credential flaunting mad hatter who tried to prove himself Satoshi?

Once again derailed due by "Personal" life. Trying to claw my way back

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