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Topic: [ANN] Spondoolies-Tech - carrier grade, data center ready mining rigs - page 32. (Read 1260202 times)

hero member
Activity: 874
Merit: 1000
Congratulations to Nimrod Lehavi and Simplex team Smiley

http://www.coindesk.com/israeli-bitcoin-startup-raises-7m-in-series-a-round/

Buying Bitcoins will become much easier. Awesome company.

Any news on the sp-50?
100% dead.  Ain't never coming.  Spondoolies and Guy Corem to get sued by creditors soon.
legendary
Activity: 1161
Merit: 1001
Don`t invest more than you can afford to lose
Congratulations to Nimrod Lehavi and Simplex team Smiley

http://www.coindesk.com/israeli-bitcoin-startup-raises-7m-in-series-a-round/

Buying Bitcoins will become much easier. Awesome company.

Any news on the sp-50?
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
I was in the Gavin-train for a good period of time, but recently I have come to the conclusion that I was a bit wrong and that the Core is currently on the right track. This doesn't mean that I will support them no matter what, but trying to find out if my choice is good or not I am constantly trying to find a weak spot by asking myself questions and then searching for the answer. I will apply that to your post too in order to have some constructive discussion.

Core working on the code doesn't mean only power to do whatever they want. They are also responsible and accountable if something goes wrong. If we get to a point where the blocks are always full it is their responsibility to manage that situation. If they will not be able or if they won't do anything then everyone else will simply fork the code, change the blocksize limit to whatever they agree upon as long as it is bigger than 1MB and they will do anything in their power to continue using bitcoin the same way as they did before. Remember that it only takes one single line to change the blocksize and that is something that everyone can do so we don't depend on Core to do that.
The rage will start from the normal users who will simply reduce their number of transactions and that will impact everyone. If everyone will be impacted by the reduced number of transactions then they will take measures and the easiest way is to simply fork the Core software, bump the blocksize limit with one single line of code.

I think its good to have alternative clients though that enable a way to 'vote' on changes in a real way (rather than in reddit and forums with no real polling methods). AFAIC, I want classic to succeed in creating a fork (or at least signalling >50% hashrate support as a signal to core devs that perhaps segwit alone isnt sufficient) to a simple 2MB blocksize and otherwise identical to BTC-Core (0.12 or anything that comes after)
How would voting work? Based on what? Are we able to have a fraud proof voting system?

besides a modest 30-50% space gain through segwit that takes a few months to really be noticed, i think we will start seeing a lot of full blocks and rising fees soon. at this point, fees are already moving above what spam transactions would pay, and if this continues it will start to push out microtransactions and make important transactions more costly. without a maxblocksize increase at that point, it basically forces bitcoin users into blockstream-designed sidechains under imposed economic conditions, rather than through appealing natural improvements/benefits that the blockchain cant provide (like 1min validation)

I have learned that the wheels of change from an ecosystem move slower and slower directly proportional with its size. Since bitcoin is today much bigger than it was 5 years ago it will take a bit of time for the wheels to turn when blocks will be full and the fees will start to rise. Fortunately we already have a solution to that here and now (SegWit) which also opens the door for new improvements and buys us time in order to deploy a bigger and more complex solution (like the hardfork).


http://gavinandresen.ninja/a-guided-tour-of-the-2mb-fork


2mb is not a simple one-line change, and the implementation used for btc/classic is about 900 lines, based largely on coding crafted for XT. A lot of that is simply testing code, but even the core change of 2mb is almost 20 lines:

I think its good to have alternative clients though that enable a way to 'vote' on changes in a real way (rather than in reddit and forums with no real polling methods). AFAIC, I want classic to succeed in creating a fork (or at least signalling >50% hashrate support as a signal to core devs that perhaps segwit alone isnt sufficient) to a simple 2MB blocksize and otherwise identical to BTC-Core (0.12 or anything that comes after)
How would voting work? Based on what? Are we able to have a fraud proof voting system?

its quite simple, you can identify your client  (such as  classic-0.11.2.b1) and you can view node count at https://coin.dance/nodes  (IIRC they filter out nodes if they detect multiple on a single address (ie: someone pretending to run 10 nodes on one computer)). If you are a miner, you can follow BIP009 to include a modified versionbits, or you could simply include a message or code in the coinbase transaction (almost every miner out there does this already, and many even include BIP100 voting tags)

hashrate is pretty much the most secure method of voting as it requires control over bitcoin mining. Of course, only miners can vote this way.
hero member
Activity: 546
Merit: 500
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Congratulations to Nimrod Lehavi and Simplex team Smiley

http://www.coindesk.com/israeli-bitcoin-startup-raises-7m-in-series-a-round/

Buying Bitcoins will become much easier. Awesome company.
legendary
Activity: 1904
Merit: 1007
I was in the Gavin-train for a good period of time, but recently I have come to the conclusion that I was a bit wrong and that the Core is currently on the right track. This doesn't mean that I will support them no matter what, but trying to find out if my choice is good or not I am constantly trying to find a weak spot by asking myself questions and then searching for the answer. I will apply that to your post too in order to have some constructive discussion.

Core working on the code doesn't mean only power to do whatever they want. They are also responsible and accountable if something goes wrong. If we get to a point where the blocks are always full it is their responsibility to manage that situation. If they will not be able or if they won't do anything then everyone else will simply fork the code, change the blocksize limit to whatever they agree upon as long as it is bigger than 1MB and they will do anything in their power to continue using bitcoin the same way as they did before. Remember that it only takes one single line to change the blocksize and that is something that everyone can do so we don't depend on Core to do that.
The rage will start from the normal users who will simply reduce their number of transactions and that will impact everyone. If everyone will be impacted by the reduced number of transactions then they will take measures and the easiest way is to simply fork the Core software, bump the blocksize limit with one single line of code.

I think its good to have alternative clients though that enable a way to 'vote' on changes in a real way (rather than in reddit and forums with no real polling methods). AFAIC, I want classic to succeed in creating a fork (or at least signalling >50% hashrate support as a signal to core devs that perhaps segwit alone isnt sufficient) to a simple 2MB blocksize and otherwise identical to BTC-Core (0.12 or anything that comes after)
How would voting work? Based on what? Are we able to have a fraud proof voting system?

besides a modest 30-50% space gain through segwit that takes a few months to really be noticed, i think we will start seeing a lot of full blocks and rising fees soon. at this point, fees are already moving above what spam transactions would pay, and if this continues it will start to push out microtransactions and make important transactions more costly. without a maxblocksize increase at that point, it basically forces bitcoin users into blockstream-designed sidechains under imposed economic conditions, rather than through appealing natural improvements/benefits that the blockchain cant provide (like 1min validation)

I have learned that the wheels of change from an ecosystem move slower and slower directly proportional with its size. Since bitcoin is today much bigger than it was 5 years ago it will take a bit of time for the wheels to turn when blocks will be full and the fees will start to rise. Fortunately we already have a solution to that here and now (SegWit) which also opens the door for new improvements and buys us time in order to deploy a bigger and more complex solution (like the hardfork).
legendary
Activity: 2128
Merit: 1005
ASIC Wannabe
Congratulations to Adam Back and Blockstream for completing $55M round A. Amazing.

Guy

Blockstream/Core to Classic: I raise you 55 mil...
Classic.....

Well Classic is just another dead fork and it was dead before its inception because they will never have the army of bright heads that are in Core. And that applies to most of the forks past and future. We are kinda stuck with Core. I started to learn the subtle difference between Core and the rest of the forks and I'm happy with the Core even if I don't totally agree with their roadmap or decisions, but I am sure that they are currently on the right track.
+2

I think its good to have alternative clients though that enable a way to 'vote' on changes in a real way (rather than in reddit and forums with no real polling methods). AFAIC, I want classic to succeed in creating a fork (or at least signalling >50% hashrate support as a signal to core devs that perhaps segwit alone isnt sufficient) to a simple 2MB blocksize and otherwise identical to BTC-Core (0.12 or anything that comes after)

besides a modest 30-50% space gain through segwit that takes a few months to really be noticed, i think we will start seeing a lot of full blocks and rising fees soon. at this point, fees are already moving above what spam transactions would pay, and if this continues it will start to push out microtransactions and make important transactions more costly. without a maxblocksize increase at that point, it basically forces bitcoin users into blockstream-designed sidechains under imposed economic conditions, rather than through appealing natural improvements/benefits that the blockchain cant provide (like 1min validation)

ps: whats up with the SP50? back when it announced (sept?) it sounded like it was weeks away from preliminary results and maybe a few months from Q1 sales. At this point theres been no real news and it could be vaporware for all we know. whens tapeout, if not the first prototype?
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Congratulations to Adam Back and Blockstream for completing $55M round A. Amazing.

Guy

Blockstream/Core to Classic: I raise you 55 mil...
Classic.....

Well Classic is just another dead fork and it was dead before its inception because they will never have the army of bright heads that are in Core. And that applies to most of the forks past and future. We are kinda stuck with Core. I started to learn the subtle difference between Core and the rest of the forks and I'm happy with the Core even if I don't totally agree with their roadmap or decisions, but I am sure that they are currently on the right track.
+2
legendary
Activity: 1904
Merit: 1007
Congratulations to Adam Back and Blockstream for completing $55M round A. Amazing.

Guy

Blockstream/Core to Classic: I raise you 55 mil...
Classic.....

Well Classic is just another dead fork and it was dead before its inception because they will never have the army of bright heads that are in Core. And that applies to most of the forks past and future. We are kinda stuck with Core. I started to learn the subtle difference between Core and the rest of the forks and I'm happy with the Core even if I don't totally agree with their roadmap or decisions, but I am sure that they are currently on the right track.
legendary
Activity: 3892
Merit: 4331
Congratulations to Adam Back and Blockstream for completing $55M round A. Amazing.

Guy

Blockstream/Core to Classic: I raise you 55 mil...
Classic.....
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
Congratulations to Adam Back and Blockstream for completing $55M round A. Amazing.

Guy
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
+1

You do realise you're quoting Matthew Pattemore, the guy who just the other day spammed this thread with 10 different accounts? You sure do pick your partners well.
sr. member
Activity: 266
Merit: 250
I'm getting tired of this kinder garden playground posts.
Will remove posts tomorrow.


Please start of all posts from not nice Dogie's posts.
While he is wasting his money and sue us, I'm not going to engage him or touch his posts.
Let him dig his own hole.

TBH I don't see any of his (or his sidekicks) posts thanks to the ignore button, but it does make the thread untidy & difficult to have any meaningful conversation when faced with a wall of red "this user is ignored" text amongst the intelligent conversation/questions.
Moderators should move their spam to the scam section where it belongs & as forum rules require, but in the meantime I suggest thread readers report them as off-topic spam & click the ignore button if Spondoolies don't want to delete them.
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
While he is wasting his money and sue us

Wouldn't your time be better spent doing CEO things, like, I don't know, instructing your junior solicitor how best to explain to the judge why you:
   a. feel you can just ignore your debts despite $m of fresh cash injections
   b. allegedly trade while insolvent
   c. continue to make decisions not in the best interest of your company - as per turning away millions in sales and investments
   d. shouldn't have your debts attached to your remaining assets
   e. shouldn't be personally included as a defendant?
legendary
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
I'm getting tired of this kinder garden playground posts.
Will remove posts tomorrow.
Please start of all posts from not nice Dogie's posts.
While he is wasting his money and sue us, I'm not going to engage him or touch his posts.
Let him dig his own hole.

It's only a waste because you're broke. OTOH, maybe he'll do the community a service and tip you over the edge so people can move on.

You had good products, too bad you couldn't treat people in a way that inspired confidence from investors.
donator
Activity: 1414
Merit: 1051
Spondoolies, Beam & DAGlabs
I'm getting tired of this kinder garden playground posts.
Will remove posts tomorrow.


Please start of all posts from not nice Dogie's posts.
While he is wasting his money and sue us, I'm not going to engage him or touch his posts.
Let him dig his own hole.
legendary
Activity: 1218
Merit: 1003
I'm getting tired of this kinder garden playground posts.
Will remove posts tomorrow.


Please start of all posts from not nice Dogie's posts.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
legendary
Activity: 1666
Merit: 1185
dogiecoin.com
[There was a long conversation here with someone who was creating lots of accounts to spam. His accounts were nuked and so I've deleted my posts as they are no longer required.]
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