Bitcoin Forum
May 02, 2024, 07:05:10 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 [227]
  Print  
Author Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)  (Read 378926 times)
brg444 (OP)
Hero Member
*****
Offline Offline

Activity: 644
Merit: 504

Bitcoin replaces central, not commercial, banks


View Profile
January 15, 2016, 04:41:16 AM
Last edit: January 15, 2016, 04:55:31 AM by brg444
 #4521

Seeing as Mike cared enough to have his obituaries penned up by the New York Time it's only right to include a posthumous mention in this very thread.

With no further ado here is the very best rendition of today's events with commentary from Qntra.

Quote
The focus of Popper's piece is on the Blocksize distraction Hearn was involved in. Little was made by Popper of Hearn's previous Bitcoin software development. Let's go over a shorter but more comprehensive history of Mike's "contributions":

BitcoinJ, a software library in Java created for and still featured in some Bitcoin SPV clients.
Contributions to "Bitcoin" v0.82 where two changes pushed by Hearn were introduced:
Blockchain handling databased changed to LevelDB, leading to the Fork of March 2013.
Bloom Filters, which lead to several means to remotely crash bitcoin nodes serving them, and presented a perennial annoyance to nodes not serving them until recently.

Clients descended from the v0.8 series will likely have to keep addressing bugs introduced by Hearn's changes for years.
Numerous network changes introducing new commands for nodes in order to better serve SPV clients while greatly increasing the resources necessary to keep a Bitcoin node online. When these proposed changes were soundly rejected he made the first BitcoinXT patch set.
He in concert with Gavin Andressen released an XT client for the Bitcoin network which under certain circumstances would fork off into an altcoin, opening the only chapter of Mike Hearn's Bitcoin involvement Popper cared to mention in anything resembling detail.

The entire corpus of Mike Hearn's body of work directed at Bitcoin aimed to transform Bitcoin from itself into something else readily centralized and controlled by the extant fiat order. Mike Hearn's work was dominated by measures which ever so slightly increase the ease3 of using SPV clients at substantial expense to the operators of the Bitcoin full nodes making the network possible. He even openly advocated a future for Bitcoin where nodes had to exist on Google's scale and in a number that could be counted with the fingers of one hand.

Mike Hearn was not the first and will definitely not be the last agent of sabotage directed towards Bitcoin projects. In Mike's place other agents continue the work he started, with their every new attempt against Bitcoin more desperate than their last.

For reference here is the market's reaction to Gavin Andresen & Mike Hearn's one two punch. Always good for squeezing freeloading weak hands.



Don't forget to buy the dip and have a thought for Mike! Another one bites the dust but don't expect honeybadger to care.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
1714676710
Hero Member
*
Offline Offline

Posts: 1714676710

View Profile Personal Message (Offline)

Ignore
1714676710
Reply with quote  #2

1714676710
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
January 15, 2016, 04:51:50 AM
 #4522



██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
brg444 (OP)
Hero Member
*****
Offline Offline

Activity: 644
Merit: 504

Bitcoin replaces central, not commercial, banks


View Profile
January 15, 2016, 04:58:50 AM
 #4523



Will keep the thread open for awhile so everyone can partake in dancing on the grave as we celebrate Mike's memory.

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
January 15, 2016, 07:53:41 AM
 #4524



That's Thermos and Blockstream's fault.

I know it's true because I read it on /r/R3CEV (formerly known as /r/BTC).   Tongue


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
January 15, 2016, 09:43:17 AM
 #4525

I still wonder what is wrong with the people who 'respect' Hearn for his work and involvement. How could one respect someone who's development was mostly very bad & a person who has just backstabbed the whole community because he was unable to acquire Bitcoin and become its dictator? He should be put on a Bitcoin black list (list of shame) for all eternity (we need to make one & I just might feel tempted to do so). Let's just hope that the damage to the price doesn't extend further and is just temporary.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
marcus_of_augustus
Legendary
*
Offline Offline

Activity: 3920
Merit: 2348


Eadem mutata resurgo


View Profile
January 15, 2016, 09:46:31 AM
 #4526

huckster hearn shilling on the banks' dime by stabbing bitcoin in the back in his ragequit moment .... no surprises there really, the guy was surely a class A prick and just demonstrated it for all to see.

muyuu
Donator
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
January 15, 2016, 09:52:07 AM
 #4527

Hahahahaha.

GPG ID: 7294199D - OTC ID: muyuu (470F97EB7294199D)
forum tea fund BTC 1Epv7KHbNjYzqYVhTCgXWYhGSkv7BuKGEU DOGE DF1eTJ2vsxjHpmmbKu9jpqsrg5uyQLWksM CAP F1MzvmmHwP2UhFq82NQT7qDU9NQ8oQbtkQ
iCEBREAKER
Legendary
*
Offline Offline

Activity: 2156
Merit: 1072


Crypto is the separation of Power and State.


View Profile WWW
January 15, 2016, 09:56:13 AM
 #4528

I still wonder what is wrong with the people who 'respect' Hearn for his work and involvement.

Gavinistas are the 'dumb money' that bought BTC at the top, at $500+.

They are bitter and need to blame somebody else for BTC's failure to reach new highs.

They are grasping at straws and susceptible to people offering easy/dramatic answers, like Hearn's Gavinblocks.


██████████
█████████████████
██████████████████████
█████████████████████████
████████████████████████████
████
████████████████████████
█████
███████████████████████████
█████
███████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
████████████████████████████
██████
███████████████████████████
██████
██████████████████████████
█████
███████████████████████████
█████████████
██████████████
████████████████████████████
█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
MbccompanyX
Full Member
***
Offline Offline

Activity: 182
Merit: 100

★YoBit.Net★ 350+ Coins Exchange & Dice


View Profile
January 15, 2016, 10:28:04 AM
 #4529

I still wonder what is wrong with the people who 'respect' Hearn for his work and involvement. How could one respect someone who's development was mostly very bad & a person who has just backstabbed the whole community because he was unable to acquire Bitcoin and become its dictator? He should be put on a Bitcoin black list (list of shame) for all eternity (we need to make one & I just might feel tempted to do so). Let's just hope that the damage to the price doesn't extend further and is just temporary.

We only have to cross the fingers and wait, those type of people will never stop until the end of the days, anyway i think that the idea of the black list is too exagerate maybe is better that once every month we remember that people tried to harm bitcoin but failed... Anyway about the price drop i think that the damage will not be so big because maybe the price will only get to 375$ or remain higher then 400$ because i don't think he have the resources to make a big damage

Pages: « 1 ... 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 [227]
  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!