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Author Topic: Gold collapsing. Bitcoin UP.  (Read 1804445 times)
TPTB_need_war
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June 08, 2015, 04:29:10 AM
 #26001

from today.  TPTB and Armstrong think in lockstep about Summers:

We are simply drowning with people in charge who have no real world experience. According to the former US Treasury Secretary and Harvard economist Larry Summers “the world suffers from a savings surplus and therefore threatens to fall into a secular stagnation.” He looks at the world through fogged glasses – not even a rose colored pair. He claims that now for decades to come we will have to adjust accordingly to slower economic growth and increasing economic and social problems. The reason for this is that in some countries such as China and Germany, people saved too much, rather than consume or to invest. Therefore, they exported their savings abroad and thus led to an oversupply of savings, for there is no sufficient demand. Summers’ solution –  the cash-free economy.

http://armstrongeconomics.com/armstrong_economics_blog

He won't publish my "21 Inc" revelation. I emailed him 3 times.

He has published every allegation he knows about Summers except the above. He won't publish the 21 Inc story because it blows up his assertion that there are no powers-that-be coordinating a NWO outcome. Armstrong and I disagree on this. He thinks the NY Club banksters are isolated by China, Russia etc and that they are too dumb to coordinate the world and they only are controlling the USG so they can do risk-free trading. I have presented evidence to him that the global elite are complicit and playing us for fools with false flags (e.g. the Ukraine conflict, the Spratly Islands conflict, etc are manufactured conflicts) but he refuses to accept this. I explained to him that his database and model can't "see" this coordination because the global elite use compartmentalization and deception.

He reads my emails because in the past he posted a rebuttal blog post everytime I emailed him some criticism I wrote in the forum about him. Also a couple of years ago he emailed me back and forth a few times. But I've never spoken to him.

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June 08, 2015, 04:32:13 AM
 #26002

Fuck man I told you 100 pages upthread that big blocks favor large centralized mining because of the equation that determines orphan rate says the orphan rate increases with the propagation delay. Then you retorted that IBLT resolves that, and I said yes but IBLT requires all miners to see all transactions and agree thus is centralization of the network bandwidth requirements.

can you even construct a proper sentence?  and i said most miners have most tx's in their mempool which is why Gavin thinks it is likely to work.  i'm sure there is some work to be done along with testing but the concepts are the same.

Again you are repeating the IBLT argument. Can't you see that!

Then you go over to Reddit and reargue the same nonsense that I had already explained to you is illogical. Then you write here that programmers use too much logic and not enough double-blind surveys.

Fuck man get off our lawn already!

do you even have a clue?  the Chinese miners are claiming their bandwidth connections are crap and have given pretty poor connectivity rates.  the miner making the claim was BTCGuild the #3 largest miner in the world.  he was making the claim that all Chinese miners have the same problem.  that includes the #1 and #2 miners Discus Fish and Antpool, both Chinese.  therefore, all 3 of the largest miners in the world cannot conduct the large miner, large block against small miner attack the Blockstream devs have been FUD'ing.  get it or are you retarded?

Your logic is so weak you can't see you didn't make a point. Do I have to spell out for you dunce?

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June 08, 2015, 04:33:04 AM
 #26003

but i don't think you are a programmer.  i think you're Armstrong.

You are losing your sanity dude. It is really pitiful to watch you go on this delusional tirade. Me not a programmer, hahaha.

Btw, Armstrong is a very skilled programmer.

there you go again.

every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

Martin Armstrong ' s  writing typically includes numerous spelling and grammatical errors that we don't see with Anonymint et AL.  MA'S speech and writing are patterned very much the same, while very unlike Anonymint's  consistent writing style.  I try not to stick my oar into this swirling pool of egos and  childish arguments but sometimes I guess I like to waste time too!

that's possible altho from what i recall those grammatical problems were confined to the time when he was in prison.  remember, he was beat up, probably malnourished, mentally ill, and who knows, maybe faking mistakes to make his condition appear worse for when he appealed. 

Come on cypherdoc do you realize how silly you sound?

The main reason that TPTB's writings often resemble MA's is that he quotes and slightly paraphrases MA a lot.


hmmm, when i paraphrase someone, especially if they have bad grammar, i try extra hard to make the paraphrase intelligible and clear.  i don't copy it.  Roll Eyes
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June 08, 2015, 04:37:58 AM
 #26004

every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.

An offering to communicate is a two-way street. It is not your right King Cypherdoc to determine (i.e. it is not an attractive inducement for me) that you only want to see me for a few seconds on cam and not talk to me. I want to probe your brain. I want to find out more about your personality. Etc..

I did not install Skype here on my development machine and location because Skype is arguably spyware. I only have one computer currently at this new location. I am building two more computers and my new 24" Acer monitors just arrived. Just haven't completed that task yet.

My livein 25 year old boobastic gf is pissed off that I was over at the other location the past two nights and I promised her not to go over there again until maybe tomorrow. Last night she was pissed off that I was still on the computer until 5am. So this has to stop!

Have you ever tried to keep up with a 25 year old woman at our age who wants sex 10 times per day?

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.

I read the filing by the plaintiff. I observe your personality here in this forum. I am a very good judge of people. I am a late June Cancer. We see right through everything. And those Cancers on the leading edge of the start of the Cancer dates are also movers and shakers.

Just return the BTC as long as the manufacturer can commit to dispersing it to the victims you harmed with your endorsement. Do the right thing. Live to profit another day.

Perhaps you can't return it if you've squandered it.

File a counter affidavit for the public record to make your side of the case known.

By entering that endorsement game without anonymity, you implicitly subscribed to this trial.

Why did you risk a profitable medical practice and a timely investment in BTC by doing such risky endorsements? Why put yourself in such a predicament if you are as wealthy as you boastfully claim?

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June 08, 2015, 04:39:54 AM
 #26005

every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.

An offering to communicate is a two-way street. It is not your right King Cypherdoc to determine that you only want to see me for a few seconds on cam and not talk to me. I want to probe your brain. I want to find out more about your personality. Etc..

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.

I read the filing by the plaintiff. I observe your personality here in this forum. I am a very good judge of people. I am a late June Cancer. We see right through everything. And those Cancers on the leading edge of the start of the Cancer dates are also movers and shakers.

only a nutjob would expect to be able to get away with saying things like that.
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June 08, 2015, 04:50:09 AM
 #26006

every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.

An offering to communicate is a two-way street. It is not your right King Cypherdoc to determine that you only want to see me for a few seconds on cam and not talk to me. I want to probe your brain. I want to find out more about your personality. Etc..

I did not install Skype here on my development machine and location because Skype is arguably spyware. I only have one computer currently at this new location. I am building two more computers and my new 24" Acer monitors just arrived. Just haven't completed that task yet.

My livein 25 year old boobastic gf is pissed off that I was over at the other location the past two nights and I promised her not to go over there again until maybe tomorrow. Last night she was pissed off that I was still on the computer until 5am. So this has to stop!

Have you ever tried to keep up with a 25 year old woman at our age who wants sex 10 times per day?

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.

I read the filing by the plaintiff. I observe your personality here in this forum. I am a very good judge of people. I am a late June Cancer. We see right through everything. And those Cancers on the leading edge of the start of the Cancer dates are also movers and shakers.

Just return the BTC as long as the manufacturer can commit to dispersing it to the victims you harmed with your endorsement. Do the right thing. Live to profit another day.

Perhaps you can't return it if you've squandered it.

File a counter affidavit for the public record to make your side of the case known.

By entering that endorsement game without anonymity, you implicitly subscribed to this trial.

Why did you risk a profitable medical practice and a timely investment in BTC by doing such risky endorsements? Why put yourself in such a predicament if you are as wealthy as you boastfully claim?

i did file a response and declaration.  you should read that too.
TPTB_need_war
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June 08, 2015, 04:54:55 AM
 #26007

If Bitcoin does not compete with Paypal and Visa then it will NEVER compete with gold and central banks.

The reason is that physical presence matters. Gold is physical and has only two serious rival metals: platinum and silver. CB fiat is made physical by government power: legal tender for printed cash and debt-money backed by taxation and guns (although through incompetence, fiat is proving a failed experiment).

Bitcoin also has a physical presence: its ecosystem of users, companies, on-line services and large mining network. Take those away and it becomes just another Worldcoin, Yacoin, Litecoin or Auroracoin.

Bitcoin, the software can be copied many times, and its principles can be adapted in new ways e.g. NXT and Monero.

There is no useful scarcity for a digital currency unless that scarcity is backed by a physical presence, an ecosystem.

Capping the Bitcoin network at 1MB blocks is an assumption that enough of an ecosystem has been established that this particular instance of digital currency cannot be overtaken by a larger ecosystem, a larger physical presence, by one of the alternatives. This is a huge assumption which is not viable because the Bitcoin ecosystem footprint in the world economy is miniscule. Only when volumes approach Visa-scale can people sit back and consider that Bitcoin is seriously competing with gold and central banks. Even then, it can't remain standing still.

Possibly correct but irrelevant because they said it won't start (won't run) on their home computers if you move to VISA scale.

But if it requires centralization to reach mass, then it won't compete with CBs any more as it will be controlled by the State.

Dilemma. Check mate. Failure. Bitcoin is fundamental flawed.

(you guys have very slow logic. I figured this out 100 pages back and you still haven't gotten the point)

you're still wrong.  both as a programmer stuck on "start" and with your economic assessment.

That is not a rebuttal. Make one if you wish.

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June 08, 2015, 04:56:01 AM
 #26008

i did file a response and declaration.  you should read that too.

Link please?

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June 08, 2015, 05:00:35 AM
 #26009

No, to this day, reading his blog makes me cringe. 

I have to proof read and when I don't then my writing is missing words. Because I think I am writing what I am saying in my head but then on proof read I realize I didn't. I often write for example "everything" instead of "everytime". Armstrong seems to have the same slight mental issue. I think this is caused by having a much faster processing engine than the I/O engine of the brain.

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June 08, 2015, 05:02:29 AM
 #26010

TPTB dev goes down with a whimper and right on time, MOA dev shows up throwing hand grenades.

anyone see the pattern i've already pointed out?  but it's ok, there are plenty of excellent devs with the right vision.

Yes we see clearly the pattern of your delusion and disrespect for the programmers who make this entire technology happen.

I am ROTFLMAO that you think you have won any debate with me.

Btw, I think perhaps MOA was the guy who spanked me on some Bitcoin 101 issue when I first arrived in this forum in 2013. Smiley I've learned much since then.

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June 08, 2015, 05:06:01 AM
 #26011

Hi guise, how's the slow-mo trainwreck going in here? everyone happy? good  Wink

Notice how it went off the rails when you started crappin all over the devs?

Try to keep it in your trousers, remember who's piloting this plane, who's the passengers and stop trying to grab the stick, KK? Ta, tally ho.

TPTB dev goes down with a whimper and right on time, MOA dev shows up throwing hand grenades.

anyone see the pattern i've already pointed out?  but it's ok, there are plenty of excellent devs with the right vision.

What, the "if they're not with me, then they're against me" reality pattern?

it's not "with me".  it's with Gavin.  yes, i trust Gavin way more than the other financially conflicted Blockstream devs.  

i'm not the one who came up with the block size increase idea.  it's a recommendation from the only guy who could have got us here since Satoshi turned over the reins to him.  guys like gmax and luke were causing trouble long before this issue became a debate.

To a simpleton n00b chatterbox who loudly flaunts his disrespect of knowledge, everything is Black & White (caps intended).

Whereas, the reality is more complex. Turns out that both sides of this particular block size argument are going to lose (i.e. centralization is unavoidable by any choice).

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June 08, 2015, 05:11:42 AM
 #26012

every attribute you seem to have, he seems to have.  every attribute he seems to have, you seem to have.

His left eye was losing vision. My right eye is 90% blinded. Whoops.

This is really comical. Are you under stress because of the court case? You are acting strange.

I suggested you get on Skype so you can see me on web cam. But you refused.

pm'd

Next day. I will sleep.

i'm not interested in talking.  one quick glance to verify you're not Armstrong.

I don't have Skype installed at this location. I have to travel to other location.

I believe you are interested in constructing evidence to build some civil suit against me.

lol, see i knew it.  all blow and no go.

I want to talk with you. I want to see you on cam also. I want to try to explain to you why you need to stop your Dunning Kruger presumptions.

But you don't want to talk. You just want to capture my image from the web cam.

i won't capture anything.  i just want to see if you're Armstrong.  you're the one who offered.

An offering to communicate is a two-way street. It is not your right King Cypherdoc to determine that you only want to see me for a few seconds on cam and not talk to me. I want to probe your brain. I want to find out more about your personality. Etc..

You know why we programmers don't make 3000 BTC on defrauding our fellow community? Because we are enjoying too much the challenge of doing. And we see through such simpleton thought processes that you use to lure in naive investors to your trap. Thus we don't have the conscience to do what you do. I suppose your ignorance helps you manage your conscience.

you have no details of the case so don't jump to any conclusions.  but of course, that's not your objective is it?  to be fair.

I read the filing by the plaintiff. I observe your personality here in this forum. I am a very good judge of people. I am a late June Cancer. We see right through everything. And those Cancers on the leading edge of the start of the Cancer dates are also movers and shakers.

only a nutjob would expect to be able to get away with saying things like that.

I've been close to a lot of people in my lifetime because I love deep interpersonal relationships. Thus I have a large enough dataset to pull from to have concluded there is a strong correlation. I also thought astrology was bullshit. But as hard as I tried, I was proven wrong in my experience (now that isn't a double-blind survey but relativity can't be i.e. your experience may be different).

Unlike most people who never get out, I am not an armchair commentator. I have been all over the world in so many nooks and crannies. That is why I have lost my wealth and my eye. Nothing ventured, nothing gained. I'd do it all over again.

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June 08, 2015, 05:14:02 AM
 #26013

TPTB dev goes down with a whimper and right on time, MOA dev shows up throwing hand grenades.

anyone see the pattern i've already pointed out?  but it's ok, there are plenty of excellent devs with the right vision.

Yes we see clearly the pattern of your delusion and disrespect for the programmers who make this entire technology happen.

I am ROTFLMAO that you think you have won any debate with me.

Btw, I think perhaps MOA was the guy who spanked me on some Bitcoin 101 issue when I first arrived in this forum in 2013. Smiley I've learned much since then.

the devs i respect are the one's who understand the implications of the position they assume such as core dev for a revolutionary new form of money that has a chance to become a reserve currency and a public good.  i respect those devs who then choose to be paid or funded by a foundation or a research center where they can't be accused of having a financial conflict except by the most extremists who will never be satisfied with anything and see evil everywhere they look.
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June 08, 2015, 05:15:46 AM
 #26014

the devs i respect are the one's who understand the implications of the position they assume such as core dev for a revolutionary new form of money that has a chance to become a reserve currency and a public good.  i respect those devs who then choose to be paid or funded by a foundation or a research center where they can't be accused of having a financial conflict except by the most extremists who will never be satisfied with anything and see evil everywhere they look.

Good that you unequivocally admit you want the NWO coin. (it may fly over your head as to why the bolded portion implies my conclusion)

So now we know where you stand.

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June 08, 2015, 05:21:47 AM
 #26015

blah, blah, blah from the Monero pumper.  btw, i see you cleaned up your sig to hide that fact  Wink

Did you see the point of the sig? If one were to follow,

"I could not agree more that developers should not be in charge of the
network rules.
Which is why - in my opinion - hard forks cannot be controversial things. A
controversial change to the software, forced to be adopted by the public
because the only alternative is a permanent chain fork, is a use of power
that developers (or anyone) should not have, and an incredibly dangerous
precedent for other changes that only a subset of participants would want."

one might find that,

"A decentralized payment system must not depend on a single person's decisions, even if this person is a core developer. Hard constants and magic numbers in the code deter the system's evolution and therefore should be eliminated (or at least be cut down to the minimum). Every crucial limit (like max block size or min fee amount) should be re-calculated based on the system's previous state. Therefore, it always changes adaptively and independently, allowing the network to develop on it's own.
CryptoNote has the following parameters which adjust automatically for each new block:
1) Difficulty. The general idea of our algorithm is to sum all the work that nodes have performed during the last 720 blocks and divide it by the time they have spent to accomplish it. The measure of the work is the corresponding difficulty value for each of the blocks. The time is calculated as follows: sort all the 720 timestamps and cut-off 20% of the outliers. The range of the rest 600 values is the time which was spent for 80% of the corresponding blocks.
2) Max block size. Let MN be the median value of the last N blocks sizes. Then the "hard-limit" for the size of accepting blocks is 2*MN. It averts blockchain bloating but still allows the limit to slowly grow with the time if necessary. Transaction size does not need to be limited explicitly. It is bounded by the size of the block."

Appears Monero attempts the best that can be done within the PoW paradigm that Satoshi provided.

To truly reach for decentralization on auto-pilot is going to require a new fundamental design.

You've argued in the clearest way that political mind controllers should get the fuck off our lawn!

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June 08, 2015, 05:25:20 AM
 #26016

having invested before them must mean something.

Many possible meanings, not all (mostly none of) which you assume.

For example, some were too busy actually accomplishing work on other projects and weren't yet focused on Bitcoin.

Your extrapolations of your value to the Bitcoincrypto-coin ecosystem are afaics beyond nonsense and loitering in dangerous proximity of the slobbering lunatic realm.

Go try to find the above writing style on Armstrong's blog. You will not.

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June 08, 2015, 05:29:40 AM
 #26017

what's your skype address?

That should be you first. Any way never mind. I don't have a debt to you.

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June 08, 2015, 05:32:41 AM
 #26018


"A decentralized payment system must not depend on a single person's companies decisions from financial conflicts, even especially if this person company is a composes 2 core developers and 3 commiters. Hard constants and magic numbers in the code deter the system's evolution and therefore should be eliminated (or at least be cut down to the minimum). Every crucial limit (like max block size or min fee amount) should be re-calculated based on the system's previous state. Therefore, it always changes adaptively and independently, allowing the network to develop on it's own.
CryptoNote has the following parameters which adjust automatically for each new block:
1) Difficulty. The general idea of our algorithm is to sum all the work that nodes have performed during the last 720 blocks and divide it by the time they have spent to accomplish it. The measure of the work is the corresponding difficulty value for each of the blocks. The time is calculated as follows: sort all the 720 timestamps and cut-off 20% of the outliers. The range of the rest 600 values is the time which was spent for 80% of the corresponding blocks.
2) Max block size. Let MN be the median value of the last N blocks sizes. Then the "hard-limit" for the size of accepting blocks is 2*MN. It averts blockchain bloating but still allows the limit to slowly grow with the time if necessary. Transaction size does not need to be limited explicitly. It is bounded by the size of the block."

ftfy

Indeed Bitcoin is broken no matter what choice is made on block size. That is the point. It ain't Black & White.

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June 08, 2015, 05:45:44 AM
 #26019

MP et all can force their will only until Blockstream's pegged side chains arrive. Then afaics his GavinCoin short is rendered impotent since GavinCoin can be forked as a pegged side chain. What say he this?

http://log.bitcoin-assets.com/?date=11-12-2014#951164

Quote
09:10:20mircea_popescu:fluffypony all future coin, of any type, and more generally all future human industry of all types is indelibly linked to bitcoin
09:10:26assbot:[MPEX] [S.MPOE] 18250 @ 0.00067111 = 12.2478 BTC
  • {2}
09:10:36mircea_popescu:this is a fact and it's not going away except in fiction.

So we see he isn't that omniscient after all.

Who is going to relay the above epiphany that is going to ruin his day, year, and reputation?

Can someone remind me his forum username? I will PM him a link to this post.

It is going to be fun when he eats those bolded words.

TPTB_need_war
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June 08, 2015, 05:59:29 AM
 #26020

Game over, Frap.doc.


FYI, Nick Szabo retweeted (and added to his favorites):
https://twitter.com/oleganza/status/605117508971053057
"@oleganza: If Bitcoin was ever competing with Paypal or Visa, it would not even start. It competes with gold and central banks."


Thus Saith The LORD.  Amen!

of course not.  as long as you continue to constrain it to 1MB.

Cypherdoc is correct.

Nick Szabo and Oleg Andreev are both wrong.

[further deranged babbling]


The point Szabo retweeted (and favorited) is that it's not possible for Bitcoin's volumes to approach Visa-scale just by using gigantic blocks.

We simply can't get there from here.  Simply super-sizing blocks is not true scaling.  We need side/tree/Lightening/alt chains to even plan the start of the long journey towards coming close to approaching in theory the subject of scaling to Visa+Paypal+gold+TBTF zombie bank levels.

Diverse/diffuse/defensible/resilient blockchains are not a substitute for specialized/proprietary/centralized/optimized real-time Visa-type retail POS systems or consumer friendly Paypal-style payment systems.

In short, it "won't run" (decentralized) at Visa scale with large blocks. I was correct in my terse rewording.

Good to see the word I bolded appear in your post. So I assume you've gotten my latest point about the evils of lockin with pegged side chains.

But you've still got to accede to my point that since pegged side chains are a centralization end game (per the logic I laid out upthread), then interoperability amongst innumerable alts is not a substitute for a single design that actually scales.

There are no ways to avoid what is coming at you. My train is unstoppable now, even I am not the one who implements it.

no, no, we learned from the great programmer, TPTB, that he means the program will not run  Cheesy

You have an extraordinary Dunning Kruger talent for fooling yourself into believing that two statements are not logically equivalent.

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