Bitcoin Forum
May 07, 2024, 03:30:29 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: On Paul Sztorc’s BIP-300 proposal  (Read 491 times)
coblee
Donator
Legendary
*
Offline Offline

Activity: 1653
Merit: 1286


Creator of Litecoin. Cryptocurrency enthusiast.


View Profile
July 21, 2021, 06:09:05 AM
Merited by NotATether (10)
 #21

Even well known coins like Litecoin fall directly into this category.
Charlie Lee created it so he could GPU mine, while everyone else CPU mined it, but claimed scrypt (with the low settings used) was GPU hostile ... for a year.

Kano, I expected more from you. You were around when Litecoin launched. You knew no one was GPU mining when it was only CPU mined. I even posted a thread explaining why it was highly unlikely anyone was GPU mining at that time. Yes, I was naive to think GPU mining was not possible at that time, but I definitely didn't scam people by mining LTC with GPU while claiming it wasn't possible. You also know that I wasn't the first to use Scrypt. So I didn't create scrypt mining to mine with a GPU. And it's highly unlikely that ArtForz or anyone else was GPU mining from the start.

Try to be better next time and not throw wild accusations please.

1715095829
Hero Member
*
Offline Offline

Posts: 1715095829

View Profile Personal Message (Offline)

Ignore
1715095829
Reply with quote  #2

1715095829
Report to moderator
1715095829
Hero Member
*
Offline Offline

Posts: 1715095829

View Profile Personal Message (Offline)

Ignore
1715095829
Reply with quote  #2

1715095829
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.
1715095829
Hero Member
*
Offline Offline

Posts: 1715095829

View Profile Personal Message (Offline)

Ignore
1715095829
Reply with quote  #2

1715095829
Report to moderator
1715095829
Hero Member
*
Offline Offline

Posts: 1715095829

View Profile Personal Message (Offline)

Ignore
1715095829
Reply with quote  #2

1715095829
Report to moderator
1715095829
Hero Member
*
Offline Offline

Posts: 1715095829

View Profile Personal Message (Offline)

Ignore
1715095829
Reply with quote  #2

1715095829
Report to moderator
JayJuanGee
Legendary
*
Online Online

Activity: 3710
Merit: 10220


Self-Custody is a right. Say no to"Non-custodial"


View Profile
July 21, 2021, 02:48:54 PM
 #22

Even well known coins like Litecoin fall directly into this category.
Charlie Lee created it so he could GPU mine, while everyone else CPU mined it, but claimed scrypt (with the low settings used) was GPU hostile ... for a year.

Kano, I expected more from you. You were around when Litecoin launched. You knew no one was GPU mining when it was only CPU mined. I even posted a thread explaining why it was highly unlikely anyone was GPU mining at that time. Yes, I was naive to think GPU mining was not possible at that time, but I definitely didn't scam people by mining LTC with GPU while claiming it wasn't possible. You also know that I wasn't the first to use Scrypt. So I didn't create scrypt mining to mine with a GPU. And it's highly unlikely that ArtForz or anyone else was GPU mining from the start.

Try to be better next time and not throw wild accusations please.

Give us some more Charlie.   You won't really find me defending any shitcoin (or people involved in shitcoins), but I am not going to deny that shitcoins have been a proliferating presence in the space - and sure litecoin is amongst the earliest of them.

In any event, do you believe that this BIP 300 would be good for the bitcoin space?  Of course, some of my personal worry is that BIP 300 does not necessarily take away some of the profit motives (of printing money) of shitcoins, even though it would provide an avenue for them to be pegged to bitcoin.. and therefore if they offer any features potentially allow second-layer on bitcoin.

My own personal punchline is that I am not sure if I am for or against BIP 300 so I would need to see a bit more vigorous debate about it.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
amishmanish
Legendary
*
Offline Offline

Activity: 1904
Merit: 1158


View Profile
July 21, 2021, 03:41:54 PM
Merited by JayJuanGee (1), NotATether (1)
 #23

Personally? No. But there are people smarter than me who do, or maybe they believe they do believe there’s a plausible reason. LukeDashjr. He doesn’t waste his time with us plebs in the forum though.
Take this to the non-technical part of the forum @Wind_FURY where it can be discussed without the prejudices of our technical overlords, LOL. Or to the Ivory Tower. I think that was meant for discussions like these. (Not exactly development but related to the overall politics). And hey, you got @coblee on the thread. He is a non-pleb i suppose. Wonder if he'll chip in beyond mounting the below defense.

Even well known coins like Litecoin fall directly into this category.
Charlie Lee created it so he could GPU mine, while everyone else CPU mined it, but claimed scrypt (with the low settings used) was GPU hostile ... for a year.

Kano, I expected more from you. You were around when Litecoin launched.
--snip--
Try to be better next time and not throw wild accusations please.
Wind_FURY (OP)
Legendary
*
Offline Offline

Activity: 2912
Merit: 1825



View Profile
July 23, 2021, 10:55:30 AM
 #24

Personally? No. But there are people smarter than me who do, or maybe they believe they do believe there’s a plausible reason. LukeDashjr. He doesn’t waste his time with us plebs in the forum though.
Take this to the non-technical part of the forum @Wind_FURY where it can be discussed without the prejudices of our technical overlords, LOL. Or to the Ivory Tower. I think that was meant for discussions like these. (Not exactly development but related to the overall politics).


He asked a question. I merely answered the question.

Quote

And hey, you got @coblee on the thread. He is a non-pleb i suppose. Wonder if he'll chip in beyond mounting the below defense.

Even well known coins like Litecoin fall directly into this category.
Charlie Lee created it so he could GPU mine, while everyone else CPU mined it, but claimed scrypt (with the low settings used) was GPU hostile ... for a year.

Kano, I expected more from you. You were around when Litecoin launched.
--snip--
Try to be better next time and not throw wild accusations please.


The more thought-provoking question is, what was he doing reading through this topic? Is he planning on making a proposal to activate BIP-300 in Litecoin? Charlie Lee did encourage the activation of Segwit by proving it safe through its activation in Litecoin. Cool

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
NotATether
Legendary
*
Offline Offline

Activity: 1596
Merit: 6730


bitcoincleanup.com / bitmixlist.org


View Profile WWW
July 23, 2021, 06:16:42 PM
 #25

And hey, you got @coblee on the thread. He is a non-pleb i suppose. Wonder if he'll chip in beyond mounting the below defense.

Not going to happen. Most people who are busy with projects rarely have time to talk here  Smiley

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
realdantreccia
Hero Member
*****
Offline Offline

Activity: 666
Merit: 516


Fuck BlackRock


View Profile WWW
August 28, 2022, 11:26:38 AM
 #26

Even well known coins like Litecoin fall directly into this category.
Charlie Lee created it so he could GPU mine, while everyone else CPU mined it, but claimed scrypt (with the low settings used) was GPU hostile ... for a year.

Kano, I expected more from you. You were around when Litecoin launched. You knew no one was GPU mining when it was only CPU mined. I even posted a thread explaining why it was highly unlikely anyone was GPU mining at that time. Yes, I was naive to think GPU mining was not possible at that time, but I definitely didn't scam people by mining LTC with GPU while claiming it wasn't possible. You also know that I wasn't the first to use Scrypt. So I didn't create scrypt mining to mine with a GPU. And it's highly unlikely that ArtForz or anyone else was GPU mining from the start.

Try to be better next time and not throw wild accusations please.

I'm CPU mining Tenebrix quite easily. So have 2-3 others since I've started. Only 21.7M TBX if you count the "Subsidy" Charles.

I count 50 Million MORE of those "capped" litecoins I tweeted about today. Smiley

Just throwing a wrench in your game thats all: https://twitter.com/777mellon/status/1563847771148484609

Paul's a dork btw.

From the many one, from one, the source
Pages: « 1 [2]  All
  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!