kokojie
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Activity: 1806
Merit: 1003
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January 09, 2015, 09:11:22 PM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
No, it needs to be a Bitcoin stake weighted vote, since the "No" votes are probably mostly PoW miners who hold no Bitcoins. It could be implemented as a feature in the protocol, ie. "vote with your Bitcoin". All the exchanges can provide api access for easy voting, or just install qt client and vote with it. |
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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onemorebtc
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January 09, 2015, 09:13:04 PM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
No, it needs to be a Bitcoin stake weighted vote, since the "No" votes are probably mostly PoW miners who hold no Bitcoins. It could be implemented as a feature in the protocol, ie. "vote with your Bitcoin". All the exchanges can provide api access for easy voting, or just install qt client and vote with it. ....or just build it and see how many people use it? thats the same voting as you describe... |
transfer 3 onemorebtc.k1024.de 1
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jonald_fyookball
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Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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January 09, 2015, 09:16:37 PM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
No, it needs to be a Bitcoin stake weighted vote, since the "No" votes are probably mostly PoW miners who hold no Bitcoins. It could be implemented as a feature in the protocol, ie. "vote with your Bitcoin". All the exchanges can provide api access for easy voting, or just install qt client and vote with it. unless there is near total consensus, it won't happen because some people will still use the old system and you can't have two systems called Bitcoin. |
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onemorebtc
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January 09, 2015, 09:18:20 PM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
No, it needs to be a Bitcoin stake weighted vote, since the "No" votes are probably mostly PoW miners who hold no Bitcoins. It could be implemented as a feature in the protocol, ie. "vote with your Bitcoin". All the exchanges can provide api access for easy voting, or just install qt client and vote with it. unless there is near total consensus, it won't happen because some people will still use the old system and you can't have two systems called Bitcoin. thats the reason i want someone to build it: doubled coins for me and look at clam: they did it, but obviously most people trust in pow |
transfer 3 onemorebtc.k1024.de 1
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CryptoCurrencyInc.com
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January 09, 2015, 11:08:28 PM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
And then the devs/Bitcoin Foundation still won't do it. If the votes are high enough, then people can launch a twitter public campaign to present it to the devs. After all, what support Bitcoin is the community, not the devs. |
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VectorChief
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Activity: 56
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January 10, 2015, 12:21:28 AM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
And then the devs/Bitcoin Foundation still won't do it. If the votes are high enough, then people can launch a twitter public campaign to present it to the devs. After all, what support Bitcoin is the community, not the devs. This has been a highly debated topic for the last few months on this forum. But closer examination of the subject has revealed that these two types of consensus mechanism have different long-term dynamic characteristics and therefore need to stay separate. |
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QuestionAuthority
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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January 10, 2015, 12:24:34 AM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
And then the devs/Bitcoin Foundation still won't do it. If the votes are high enough, then people can launch a twitter public campaign to present it to the devs. After all, what support Bitcoin is the community, not the devs. We only disagree on the definition of "Bitcoin community". |
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CryptoCurrencyInc.com
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January 10, 2015, 10:08:39 PM |
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Just a friendly reminder, this voting poll allows you to change your vote. But, your vote can only be count as one.
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pawel7777
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Activity: 2436
Merit: 1566
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January 10, 2015, 10:35:20 PM |
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If the votes are high enough, then people can launch a twitter public campaign to present it to the devs.
After all, what support Bitcoin is the community, not the devs.
? So why do you want to submit anything to the devs? Just gather enough people, prepare a fork (CLAM style) and you got yourself a PoS BTC. It's that simple. |
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kokojie
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Activity: 1806
Merit: 1003
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January 10, 2015, 10:57:59 PM |
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This poll needs at least 5000+ votes to know for sure what the entire Bitcoin community feel about changing Bitcoin to Proof of Stake + Proof of Work.
No, it needs to be a Bitcoin stake weighted vote, since the "No" votes are probably mostly PoW miners who hold no Bitcoins. It could be implemented as a feature in the protocol, ie. "vote with your Bitcoin". All the exchanges can provide api access for easy voting, or just install qt client and vote with it. ....or just build it and see how many people use it? thats the same voting as you describe... Again, if my city's subway system is bad, I don't go ahead and build a new subway system in the city. There's a vast amount of existing supporting infrastructure, it's not simple as "go build your own". Unless you could build your own city subway. |
btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6
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ab8989
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Activity: 209
Merit: 101
FUTURE OF CRYPTO IS HERE!
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January 10, 2015, 11:47:41 PM
Last edit: January 11, 2015, 12:05:04 AM by ab8989 |
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There are some realities what is going to happen if there is a switch.
1) The design, implementation and testing is going to take a long time. Think a year or two. Bitcoinv2 better be almost perfect in many ways.
2) The current bitcoinv1 still needs development and support during this time
3) If miners are going to be made obsolete they might not take that year laying down. They are going to do something but what?
4) There is going to be competition. Competing teams are going to emerge with their own proposal.
5) We need competition of different proposals. There are a million details to be sorted out. It is not as simple as just go to PoS.
6) Innovators are different people than who maintain old designs. Sorry if whoever is offended by this.
7) Old bitcoinv1 is still going to exist after the switch whether you like it or not or whatever is done to prevent this.
8 )Old bitcoinv1 and new bitcoinv2 are going to compete for whoever wins in the long run.
There are others as well, but I think there is now enough.
In my opinion these are not negotiable. These are something that will 100% happen.
You have a choice how you try to deal with these facts.
A) Ignore them and be surprised when you find them happening.
B) Try work against them and lose the battle.
C) Work with them and embrace them.
I very much promote for the option C) as both A) and B) are utter maddness.
Working along the option C) there are multiple possible scenarios but it could go something like this.
1) Multiple altcoin innovators present their competing proposals for new bitcoin
2) Multiple of these proposals are implemented and tested separately running them as bonafide altcoins.
3) Community vote which of them seems to be working best.
4) Losing proposals do not accept the vote but decide go ahead regardless.
5) There is a big bang and the competing altcoins are restarted from bitcoin blockchain situation as bitcoinv2s.
6) These multiple bitcoinv2s coins battle it out against themselves on the market and also against bitcoinv1
7) ....
8 )PROFIT ( or not ).
Working with options A) or B) could go something like this.
1) Community vote what to do.
2) The current bitcoin devs do not like what community voted and they quit.
3) New official bitcoin devs are recruited to work on innovating bitcoin2
4) They do not know the bitcoinv1 code and something happens which needs fix in bitcoinv1 and it does not get done.
5) 10 competing proposal emerges for bitcoin v2 that seems better than what the official new bitcoin dev team invented and they get angry why are they being undermined and there is a huge war of egos.
6) The current bitcoin miners invent some funny things to do when the projected bitcoinv1 shutdown draws closer and they are being forced out of business.
7) Chaos.
8 ) ....
9) NO PROFIT.
Alternative scenarios are welcome.
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fonenumba
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January 11, 2015, 02:46:56 AM |
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If the votes are high enough, then people can launch a twitter public campaign to present it to the devs.
After all, what support Bitcoin is the community, not the devs.
? So why do you want to submit anything to the devs? Just gather enough people, prepare a fork (CLAM style) and you got yourself a PoS BTC. It's that simple. CLAMs are not a fork of bitcoin. The only relation that CLAM has with bitcoin is that they were airdropped to holders of bitcoin who had unspent inputs in their address(es) (as well as to holders of DOGE) |
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