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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 847223 times)
jbreher
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November 13, 2017, 03:03:58 PM
 #7841

Off-topic, on the subject of Bitcoin Cash and the manipulation around it:

https://blog.synereo.com/2017/11/12/summary-of-events-bitcoin-vs-bitcoin-cash/

It is unbecoming for you to sully your position as CEO of Synereo by spreading false propaganda besmirching Bitcoin Cash. If you have some evidence to back up your FUD, that would be one thing. But your accusations of centralization are content-free. You realize, of course, that any party capable of mining Bitcoin Segwit is free to mine Bitcoin Cash, right? Knowing this, how do you defend your accusations of centralization?

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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November 13, 2017, 04:56:44 PM
 #7842

It is unbecoming for you to sully your position as CEO of Synereo by spreading false propaganda besmirching Bitcoin Cash. If you have some evidence to back up your FUD, that would be one thing. But your accusations of centralization are content-free. You realize, of course, that any party capable of mining Bitcoin Segwit is free to mine Bitcoin Cash, right? Knowing this, how do you defend your accusations of centralization?
Just shut up. He is right.
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November 13, 2017, 05:09:26 PM
 #7843

this project has launching get 8 month and the information always update in this announcement, so my fell this project ever became good project and not scam
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November 13, 2017, 05:37:01 PM
 #7844

Hello dev, need local community manager? I want to reserve it if you need
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November 14, 2017, 02:00:28 AM
 #7845

hi all,
i found that bittrex amp wallet is not working, they have disabled it Huh
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November 14, 2017, 02:14:35 AM
 #7846

Off-topic, on the subject of Bitcoin Cash and the manipulation around it:

https://blog.synereo.com/2017/11/12/summary-of-events-bitcoin-vs-bitcoin-cash/

It is unbecoming for you to sully your position as CEO of Synereo by spreading false propaganda besmirching Bitcoin Cash. If you have some evidence to back up your FUD, that would be one thing. But your accusations of centralization are content-free. You realize, of course, that any party capable of mining Bitcoin Segwit is free to mine Bitcoin Cash, right? Knowing this, how do you defend your accusations of centralization?

I don't think it's unbecoming of me to voice an opinion on an important matter happening in this space and affecting everyone.

I'll find a link exploring the technical differences leading to BCH being more centralized by nature than the existing BTC implementation and post it here.

Synereo: liberating the Internet from abusive business models.

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November 14, 2017, 03:00:56 AM
 #7847

It is unbecoming for you to sully your position as CEO of Synereo by spreading false propaganda besmirching Bitcoin Cash. If you have some evidence to back up your FUD, that would be one thing. But your accusations of centralization are content-free. You realize, of course, that any party capable of mining Bitcoin Segwit is free to mine Bitcoin Cash, right? Knowing this, how do you defend your accusations of centralization?
Just shut up. He is right.

Ok, seeing as you are wading in the middle here, you can ostensibly continue the thread. Then certainly you can defend the accusations of centralization. So what is your evidence?

Incidentally, I will not "just shut up".

I'll find a link exploring the technical differences leading to BCH being more centralized by nature than the existing BTC implementation and post it here.

That would be helpful. Better if you provide actual reasons, rather than repeat unfounded accusations and hearsay, fully bereft of any evidence. If merely a link, it would be helpful if you can identify therein what you consider to be the actual evidence of asymmetric centralization.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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November 14, 2017, 03:35:48 AM
 #7848

It is unbecoming for you to sully your position as CEO of Synereo by spreading false propaganda besmirching Bitcoin Cash. If you have some evidence to back up your FUD, that would be one thing. But your accusations of centralization are content-free. You realize, of course, that any party capable of mining Bitcoin Segwit is free to mine Bitcoin Cash, right? Knowing this, how do you defend your accusations of centralization?
Just shut up. He is right.

Ok, seeing as you are wading in the middle here, you can ostensibly continue the thread. Then certainly you can defend the accusations of centralization. So what is your evidence?

Incidentally, I will not "just shut up".

I'll find a link exploring the technical differences leading to BCH being more centralized by nature than the existing BTC implementation and post it here.

That would be helpful. Better if you provide actual reasons, rather than repeat unfounded accusations and hearsay, fully bereft of any evidence. If merely a link, it would be helpful if you can identify therein what you consider to be the actual evidence of asymmetric centralization.

Isn't it because attempts to increase scalability on the first layer always lead to less entities being able to operate a full node, therefore leading to centralization of mining. Most likely most mining will happen in places where electricity and mining equipment is the cheapest, so maybe China?

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November 14, 2017, 05:56:39 AM
 #7849

Better if you provide actual reasons, rather than repeat unfounded accusations and hearsay, fully bereft of any evidence. If merely a link, it would be helpful if you can identify therein what you consider to be the actual evidence of asymmetric centralization.

Isn't it because attempts to increase scalability on the first layer always lead to less entities being able to operate a full node, therefore leading to centralization of mining. Most likely most mining will happen in places where electricity and mining equipment is the cheapest, so maybe China?

Does not stand up to the scrutiny of logic.

What the community nearly universally mis-refers to as a 'full node' is not a mining entity. Miners have significant investment in their mining equipment. And a single non-mining node can validate for a any size assemblage of mining equipment. Such single fully-validating, non-mining node (real cost of my fully-validating non-mining node was about $500, and I run several nodes on it concurrently while using the machine for other purposes at the same time) is a drop in the bucket compared to the hashing equipment cost. The hashing equipment cares not what the block size is. The net is that block size has nothing to do with mining costs, thereby nothing to do with mining centralization.

On the topic of geographic centralization. This is just another operational cost borne by miners. Other significant costs include labor, real estate, construction, ... the list goes on. But China is not the world's cheapest source of electricity, so we can tell that is not the final word in miner profitability. And yes, China is currently the source of the bulk of mining ASICs. Yet the leading products (as far as we know of) are freely available to anyone that wants to buy one*. So the China claim fails also.

*Of course, if you want the world's best, you'll need BCH. Because the manufacturer is insisting upon payments in that currency.

More germane, these considerations apply equally to Bitcoin Segwit (max 4MB for 1.7MB effective equivalent transaction capacity) as to Bitcoin Cash. After all, mining Bitcoin Segwit and Bitcoin Cash is available to the exact same set of miners.

So no - you are going to need to look elsewhere to find asymmetric centralization.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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November 15, 2017, 04:16:00 AM
 #7850

Better if you provide actual reasons, rather than repeat unfounded accusations and hearsay, fully bereft of any evidence. If merely a link, it would be helpful if you can identify therein what you consider to be the actual evidence of asymmetric centralization.

Isn't it because attempts to increase scalability on the first layer always lead to less entities being able to operate a full node, therefore leading to centralization of mining. Most likely most mining will happen in places where electricity and mining equipment is the cheapest, so maybe China?

Does not stand up to the scrutiny of logic.

What the community nearly universally mis-refers to as a 'full node' is not a mining entity. Miners have significant investment in their mining equipment. And a single non-mining node can validate for a any size assemblage of mining equipment. Such single fully-validating, non-mining node (real cost of my fully-validating non-mining node was about $500, and I run several nodes on it concurrently while using the machine for other purposes at the same time) is a drop in the bucket compared to the hashing equipment cost. The hashing equipment cares not what the block size is. The net is that block size has nothing to do with mining costs, thereby nothing to do with mining centralization.

On the topic of geographic centralization. This is just another operational cost borne by miners. Other significant costs include labor, real estate, construction, ... the list goes on. But China is not the world's cheapest source of electricity, so we can tell that is not the final word in miner profitability. And yes, China is currently the source of the bulk of mining ASICs. Yet the leading products (as far as we know of) are freely available to anyone that wants to buy one*. So the China claim fails also.

*Of course, if you want the world's best, you'll need BCH. Because the manufacturer is insisting upon payments in that currency.

More germane, these considerations apply equally to Bitcoin Segwit (max 4MB for 1.7MB effective equivalent transaction capacity) as to Bitcoin Cash. After all, mining Bitcoin Segwit and Bitcoin Cash is available to the exact same set of miners.

So no - you are going to need to look elsewhere to find asymmetric centralization.

Doesn't change the fact that first layer scalability solutions are short-term measures. Does BCH have a capable team of devs to deliver second layer scalability solutions comparable to those currently under development by the superb team from Bitcoin Segwit? No.

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November 15, 2017, 07:43:19 AM
 #7851

It is unbecoming for you to sully your position as CEO of Synereo by spreading false propaganda besmirching Bitcoin Cash. If you have some evidence to back up your FUD, that would be one thing. But your accusations of centralization are content-free. You realize, of course, that any party capable of mining Bitcoin Segwit is free to mine Bitcoin Cash, right? Knowing this, how do you defend your accusations of centralization?
Just shut up. He is right.

Ok, seeing as you are wading in the middle here, you can ostensibly continue the thread. Then certainly you can defend the accusations of centralization. So what is your evidence?

Incidentally, I will not "just shut up".

I'll find a link exploring the technical differences leading to BCH being more centralized by nature than the existing BTC implementation and post it here.

That would be helpful. Better if you provide actual reasons, rather than repeat unfounded accusations and hearsay, fully bereft of any evidence. If merely a link, it would be helpful if you can identify therein what you consider to be the actual evidence of asymmetric centralization.

I've been looking and have only found shards. I'm considering pulling all the info together into another post. The previous one has views in the hundreds of thousands.

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November 15, 2017, 09:23:13 PM
 #7852

Does BCH have a capable team of devs to deliver second layer scalability solutions comparable to those currently under development by the superb team from Bitcoin Segwit? No.

Again - does not stand up to the scrutiny of logic.

A team recently started probing at the limits of what the Bitcoin network can actually achieve. In terms of controlled experiments directly scaling transaction count, on a worldwide subset of machines, and recording the results. About time someone did this, eh?

AAR, they found that with today's satoshi client, and commodity consumer hardware, the system starts bogging down at about 100 tx/s. In terms of blocksize, that would be ~33MB blocks. So we obviously have considerable headroom in the system for improvement by means of simple increase of maxblocksize. This would consume about 25% of a single core of a typical 4-core CPU, with 16 GB RAM, and an SSD, while consuming about 3 Mb/s of network BW.

But they did not stop there. Due to the fact that allocating more CPU cores to the problem did not improve performance above this (i.e., that it consumed a smaller percentage of additional cores, with no increase in throughput), they postulated that suboptimal multithreading performance might be the root of the issue. So they refactored the code to employ contemporary concurrency design techniques. After such refactoring, the performance of the system - on the same HW - was able to process 500 tx/s. This would correspond to >150 MB blocksize. I repeat - on the same, consumer-grade, hardware. Of course, this results in an increased network BW consumption of 15 Mb/s.

So we see that, despite the maturity of the satoshi client (i.e., a decade of development by Bitcoin's supposed best), there is significant low-hanging fruit in the deficiency of the software design of the satoshi client. Deficiencies having to do directly with scalability. Deficiencies that -- so far -- have not been addressed by the core developers.

Whether core has nobody that understands concurrency, or whether they just deem scalability to be a low priority, is a matter of conjecture. But the truth is that the core developers have not:
- measured and published such transaction capacity tests
- determined where the lowest bottleneck in system transaction capacity lies
- coded up a fix to remove the lowest bottleneck to system transaction capacity
- measured and published results with the fix for this lowest bottleneck to system transaction capacity

- All this in a time when system transaction capacity is the hottest issue - and has been for about two years.

On the other hand, another team has. Who was it? A collaboration of members of the teams working on Bitcoin Cash.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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November 16, 2017, 03:34:58 PM
 #7853

I didn't know this was the Bitcoin Cash thread.
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November 16, 2017, 04:07:37 PM
 #7854

I didn't know this was the Bitcoin Cash thread.

Yeah. Sorry for the diversion. My only defense is that I did not start it. Just tired of people parroting rumors before devoting any analysis to the matter.

So am I to conclude you have no evidence to offer, despite your earlier absolutist claim?

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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November 16, 2017, 04:29:23 PM
 #7855

Basic Attention Token has beaten you all to the punch today. Their clout far out shines any that a project like wild spark could hope for







*That close beta dump tho   Roll Eyes

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donnatello
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November 16, 2017, 08:17:21 PM
 #7856

Off-topic, on the subject of Bitcoin Cash and the manipulation around it:

https://blog.synereo.com/2017/11/12/summary-of-events-bitcoin-vs-bitcoin-cash/

Picking up some steam around the net on various forums and FB group. Keep spreading so that people don't fall for the BCH trap.


WTF are you doing? concentrate on what you need to do for your own setup. I'm not convinced you have lost to the competition but by golly you're making it very difficult. Fucking wake up.
pumpmydump
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November 17, 2017, 12:03:36 PM
 #7857

Off-topic, on the subject of Bitcoin Cash and the manipulation around it:

https://blog.synereo.com/2017/11/12/summary-of-events-bitcoin-vs-bitcoin-cash/

Picking up some steam around the net on various forums and FB group. Keep spreading so that people don't fall for the BCH trap.


WTF are you doing? concentrate on what you need to do for your own setup. I'm not convinced you have lost to the competition but by golly you're making it very difficult. Fucking wake up.

lol the "team" behind this project doesn't care about the product, they just spend their time trolling and doing whatever, including spreading misinformation as jbreher has shown, this project has become a joke for a long time now
cchub
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November 17, 2017, 09:26:32 PM
 #7858

Off-topic, on the subject of Bitcoin Cash and the manipulation around it:

https://blog.synereo.com/2017/11/12/summary-of-events-bitcoin-vs-bitcoin-cash/

Picking up some steam around the net on various forums and FB group. Keep spreading so that people don't fall for the BCH trap.


WTF are you doing? concentrate on what you need to do for your own setup. I'm not convinced you have lost to the competition but by golly you're making it very difficult. Fucking wake up.

lol the "team" behind this project doesn't care about the product, they just spend their time trolling and doing whatever, including spreading misinformation as jbreher has shown, this project has become a joke for a long time now

I guess Profitgenerator was right. AMP price will reach 100k satoshis...
Satoshis of BCH...
Keep fudding BCH and we will eventually succeed. For now, we are around 14k satoshis!

                 BABB        |[     BANK ACCOUNT BASED BLOCKCHAIN     ]|       Everyone is a bank
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WildSparker
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★ BitClave $22M/$25M on pre-sale ★


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November 20, 2017, 12:55:31 PM
 #7859

More and more tech is coming and I guess the sparks are going more and more wild! Good tendencies, promising stuff over here! Keep it going Elokane!

Karl_Marx
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November 21, 2017, 08:02:14 PM
 #7860

The ampening is coming. Brace yourselves. However, I got bigger stakes in BAT then AMP. Too much has gone wrong in this project. Look how far we are from ICO Price....
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