BIP-110 Split

[stompix]

Failing that kind of live calibration they could instead take the recent hashrate on their fork (about 7 EH per ocean stats), convert that to power usage (about 100 MW conservatively), then convert that to hashrate with the asics available for their new work function (works out to maybe 500 PH).   It might still be way off, but it could be a starting point for a system that could recover on its own.   If they're not able to get 100MW on their "real bitcoin" they can't really sustain those claims.

No way in hell are there at least 10k ASICs from 2018-2019 able to mine on blacke2b still working on this entire planet and no way in hell is Goldshell being able to pump out 20-30k SC5 units right now, you have to pay those fabs in advance now and still wait in line  and by the time you have the chips there might be no buyers.

They will put a target at a maximum of 1.5x the total hash rate available now for Sia, which is about 10Ph/s and maybe even lower than, I mean, you can't be dumb enough to risk a force adjustment and end up with a stalled chain again....

Always a nutcase villain:
https://postimg.cc/YhnxDCPq
https://postimg.cc/cr9ckLzg
https://i.postimg.cc/Df4XWBB9/involving-a-child-not-a-young-adult.png
https://postimg.cc/VdLRFCKS

-Dave

So, any method to get these inscribed in a block (when it's mined) on their spam-free chain?  

[DaveF]

Since they are forking to another algo to mine and making other changes can we please move all of the 110 discussions to the altcoin sections now?

Who remembers how the Bitcoin Cash discussion evolved here? Did it initially take place in the main sections, and then all BCH-related threads were moved to Alternative Cryptocurrencies? Or were new threads created there, while the old ones in the Bitcoin sections just gradually died down?

More or less were always in altcoin section:
https://bitcointalk.org/index.php?topic=2061984.0

So, any method to get these inscribed in a block (when it's mined) on their spam-free chain?  

Many, just about all inscriptions will work with 110. Would wait for them to get the chain moving and then you can split your coins and spend them to push images into the 110 blocks. But there is probably going to be a lot of competition to do it.

Probably the only thing that is really going to be happening on it since nobody outside of lukes group seem to even care about it.

-Dave

[gmaxwell]

They will put a target at a maximum of 1.5x the total hash rate available now for Sia, which is about 10Ph/s and maybe even lower than, I mean, you can't be dumb enough to risk a force adjustment and end up with a stalled chain again....

They're not using SIA's hashfunction: their (presumably rigged) selection selected blake2b. Sia previously hardforked to move off blake2b to blake2b-sia.  I think the goldshell miners you mentioned are blake2b-sia only though there are blake2b asics from before the sia hardfork (and I think some other altcoins).  

As far as it being on-topic, the split issues e.g. fork point, replay protection or lack there of are of interest, particularly as we may need to give advice on how to not lose your bitcoins dumping this stuff assuming it ever gets any exchange support or a market price.

On that subject: they're going with the original fork point so it launched without any replay protection at all, and it sounds like they're going to only implement one-way optional replay protection with a specific and express goal of disrupting bitcoin users.  Of course, this greatly increases the odds that it never has meaningful economic value or exchange adoption.

[pooya87]

Considering how things developed (no replay protection, no exchange listing, etc.) I've got a feeling that they might have gotten caught up inside their own "echo-chambers" that became delusional enough to think that the Bitcoin community would just abandon its own principles and accept their malicious ultra-minority chain as the "Bitcoin Chain"!

Now that they're out of the echo-chamber, they're beginning to face reality with their shit-chain stuck.

[Danish Ali]

Now that they're out of the echo-chamber, they're beginning to face reality with their shit-chain stuck.

There is one thing I would point out in that comparison, though, this is not quite the same failure mode as the Bitcoin Cash split was. At least BCH did try to get exchange listings early – as pointed out in this thread (pooya87), and if you think about it, they should have done what Bcash did, an exchange listing before the split, not after.

What they did not do is even make that effort, as per gmaxwell comment above, they did not do any proper replay protection, and one way replay protection was designed to aggravate bitcoin users. It is not a movement an “echo chamber” just falls into, it feels like the chain was more conceived as a tool for disruption, and a usable financial asset comes second, if at all.

So the "facing reality" moment is not about their perception that community will not accept them, but it is because there is one door BCH was able to walk through, and they just could not credibly walk through that same door. Combined with the statement earlier about PoW mathematically removing the possibility to ‘course-correct' back to any previous state once the split has been made, it is not a ‘chain' that can ‘course-correct' its way out in the end, the ‘course-correct' was not in the design.

[DaveF]

They will put a target at a maximum of 1.5x the total hash rate available now for Sia, which is about 10Ph/s and maybe even lower than, I mean, you can't be dumb enough to risk a force adjustment and end up with a stalled chain again....

They're not using SIA's hashfunction: their (presumably rigged) selection selected blake2b. Sia previously hardforked to move off blake2b to blake2b-sia.  I think the goldshell miners you mentioned are blake2b-sia only though there are blake2b asics from before the sia hardfork (and I think some other altcoins).  

As far as it being on-topic, the split issues e.g. fork point, replay protection or lack there of are of interest, particularly as we may need to give advice on how to not lose your bitcoins dumping this stuff assuming it ever gets any exchange support or a market price.

On that subject: they're going with the original fork point so it launched without any replay protection at all, and it sounds like they're going to only implement one-way optional replay protection with a specific and express goal of disrupting bitcoin users.  Of course, this greatly increases the odds that it never has meaningful economic value or exchange adoption.

A discussion on how to avoid loosing coins may be appropriate in the BTC sections.  Probably start the post with a guide or two on how to do it and then options and help. But, not anything else all this discussion although enjoyable should be in the alt section. 

As I said Greg, you are a better person then me. Let the 110 people loose it all.

I don't care anymore. Let the 110 users loose everything and live homeless under a bridge.

As for the blake2b, yeah the original ASICs for that are probably 8+ years old at this point with some newer ones coming out over the years. One of them be it luke or one of his people probably got a great deal from someplace on them since at this point they really are only used for some tiny worthless alts. Which when you think about it is what 110 is.

Enjoy the weekend all. Go outside, touch some grass, relax. It's been a week since they forked off, 110 is now just a zombie corpse, let the 110 supporters spend the weekend posting memes on X and Reddit. We don't really have to think about them anymore.

-Dave

[Wind_FURY]

the worst part is all the FUD he is spreading - stating that Knots/BIP110 is the valid Bitcoin and all the miners colluded to fork off and that what we call Bitcoin is really the forked shitcoin.

niave people are believing him because of who he is.

a very good reason not to have heros - at some point they all become villians.

Who said that? Luke Dash Jr.? Laughable. He's a scammer now. It's not a month yet, and I believe that some people in the filterboi community have started to be against him because Luke wants a POW change, and fork away from what they call "the legacy chain".

 

Plus didn't some filterbois call their UASF the most important Bitcoin event since SegWit?

Spend some time on their subreddit bitcoinismoney or reading their twitter feeds.
It's worth it for the laughs. It's a true cult at this point.

But as said by others at this point no legit exchange is going to touch it. Some of the fringe ones might because they really don't care about getting hit with lawsuits.

I figure the supporters are going to get hit with tons of donation requests by the miners to "keep things going" while they work on it.

Or the other claims about people attacking them and they need money.
Whatever.

Since they are forking to another algo to mine and making other changes can we please move all of the 110 discussions to the altcoin sections now?
This way they can just fade away into obscurity like all the other forks.

I mean, we can still keep posting about it and laughing at them but at least it will not be showing on the main boards.

-Dave

I did as well, and their PLEBS are probably the most stupid group of PLEBS in the whole crypto community. Our fellow PLEBS in BitcoinTalk have at least a basic understanding of Bitcoin's economics, of its incentive structure, and the game-theory behind why it works.

The filterboi PLEBS actually believe that their beliefs could bend the laws of Physics, and force the miners to accept less incentives and join them. LAUGHABLE.

 

[pooya87]

A discussion on how to avoid loosing coins may be appropriate in the BTC sections.  Probably start the post with a guide or two on how to do it and then options and help.

There is not much to say in such a topic though. At this point bluke is basically a dead chain, I don't think there is any point in creating and broadcasting a transaction that is not going to get confirmed for weeks if ever. There is also no place to send it since it is not listed on any exchanges and is pretty much useless.

I think we should wait and see what Luke is gonna do with bluke coin and then create guides. Other than that, there are bunch of topics from years ago written about bcash and other bcopies that are valid for bluke as well.

Enjoy the weekend all. Go outside, touch some grass, relax.

Man... it's almost 40°C outside and the grass is on fire
I'd rather sit close to my A.C. with some cold beverage.