ASICBOOST Aftermath: What Now Must Be Done? - page 4.

andron8383

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Quote from: Alex.BTC on April 06, 2017, 03:49:02 PM

***
The good thing about this ASICboost bullshit is that it makes it so obvious who the paid shills are on this forum.
***

Bla bla bla...
After year China exploited miners took 70% of network and one single company control network this is Bitmain.
So as you see such drama ends here where bitmain hav no competition and calling BTC as decentralized in mining is fucking joke.
What is more funy that company blocks any solution that harm their patented tech for cheating.
Support more BU and you will end with ETH taking over cryptocurreny.
Eth have centralized network arround Vitalik - dev
BTC is centralized arround one asic manufacturer - bitmain

Investor will chose ?:
a) best tech
b) best asic manufacturer
- Sure all love bitmain like Google Aple Microsoft... give them all power.

Bitmain killed others using exploit in code

nice... but it is time for network strike back and make USAF and tell him fuck off that is enough. If ater people won't like segwit then we can softfork it to another shape.
Today bitmain dominance is only damaging bitcoin.
But don't worry free market works people will support ETH miners more than BTC miners.
Today ETH miners earn 80% of that what BTC gets and numbers will rise over time till BU is blocking progress.
BU progress in unlimited blocks is joke - gives bitmain BIG ADVANTAGE.
We can call BU BitmainCoin it would be more accurate name.

Alex.BTC

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I see we have our new "Blockstream's lie of the week", this time the enemy is the ASICs, again.

Looks like the block extension proposal really fucked Blockstream big time.
It is simple and it solves immediate blocksize problems.

What's even better is that the Block Extension is "party neutral" so Blockstream can't even go against it by bashing the BU strawman, so they needed to create another enemy to distract people for another week, they ran out of excuses so they recycled the same excuse they used to push for a hard fork last year:

Quote

https://twitter.com/olivierjanss/status/731198742968291329
Olivier Janssens‏ @olivierjanss: Note to miners: We, the core devs, discovered a patented optimization in your ASIC. We will make it obsolete in the next update. Thank you.

It didn't work then, it doesn't work now.

If you're a newbie all you need to know is every time people from Blockstream open their mouth, it's a lie. Blockstream spent millions on SegWit, they have a deadline coming, but their walls are crumbling and even devs from LN are going against them now.

The good thing about this ASICboost bullshit is that it makes it so obvious who the paid shills are on this forum. These dumb fucks are paid to jump to conclusion with zero facts, all you need to do is ask them for prove, then they break down and disappear (the stupid ones argue back and make their shilling look even more obvious).

andron8383

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Quote from: franky1 on April 06, 2017, 02:28:47 PM

***
trying to assume that asics were hard programmed to actively attack segwit is like blaming a caveman for something invented much much later.
***

Hey but network is not builded to serve miners but users.
Mines are users servant not other way.
Users needs miners to secure network and miners want money form users.
Whole drama of greed and go on lead to nowhere only BTC is surfering becouse one single company is running proof of half work asics...
This is so BS from bitmain... people didn't belived that miners would not hut BTC becouse in their interest is helping BTC and gues what happeed. As i predicted allways monopoly leads to point where that one singe entity want your money. As BTC users we shuld start UASF and activate segwit at like 60% i don't give fuck to bitmain farms they don't give a shit to BTC future so i don't give a shit to their future.
Let them mine their BU china coin and be happy.
One miner One Party One China...

franky1

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Quote from: Blockonomics.co on April 06, 2017, 02:06:58 PM

The problem here isn't ASICBOOST. The problem is that Jihan Wu (and others) are actively blocking SegWit for their own personal gain, while pretending that it is a difference in principle and they are acting to help us all.

sorry to burst your bubble but ASICS have been around alot longer than segwit has.

trying to assume that asics were hard programmed to actively attack segwit is like blaming a caveman for something invented much much later.

let me guess Jihan has a time machine and seen october 2016's segwit code and and went back in time to 2015 and started building the blueprints for the s9 specifically to hurt segwit

p.s im using gmaxwells assumptions of reverse engineering a chip... (before you propaganda twist it into being about software)
afterall ur all complaining about bitmain (hardware company) not CGminer (software company)

numismatist

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Quote from: aso118 on April 06, 2017, 11:34:03 AM

Can't the exploit be fixed without Segwit getting activated?
This can be taken care of in the next upgrade, without getting into the Segwit vs BU debate.

Reasonable, since these are really three different things. A mining exploit is not exactly the same as the current war.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: Yogafan00000 on April 06, 2017, 02:05:42 PM

Quote from: jonald_fyookball on April 06, 2017, 01:03:53 PM

Quote from: XbladeX on April 06, 2017, 12:48:35 PM

Quote from: jonald_fyookball on April 06, 2017, 12:38:32 PM

****
There's no logical reason the community couldn't have agreed to simple block increase years ago, except for core propaganda.
****

have you tried run FULL NODE ?

Nope. Satoshi never wrote about non-mining full nodes and I don't see any personal benefit to me why I should run one.

Dude. Sour. Really fucking sour. Angry

Quote

Long before the network gets anywhere near as large as that, it would be safe
for users to use Simplified Payment Verification (section Cool

to check for
double spending, which only requires having the chain of block headers, or
about 12KB per day. Only people trying to create new coins would need to run
network nodes. At first, most users would run network nodes, but as the
network grows beyond a certain point, it would be left more and more to
specialists with server farms of specialized hardware. A server farm would
only need to have one node on the network and the rest of the LAN connects with
that one node.

Minecache

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Quote from: ebliever on April 06, 2017, 02:07:52 PM

Quote from: Minecache on April 06, 2017, 01:39:08 PM

Why is BTC price rising?

For the same reason it was dropping when it looked like Bitcoin Unlimited might succeed. Their attempt to monopolize mining and control of the Bitcoin protocol was great for Bitmain, and ugly for everyone else. Plus they've been blocking Segwit and the Lighting Network. Now that they've been exposed we have a much better chance to beat back their effort and ultimately put Bitcoin back in a healthy competitive state.

BU supporters will tell you they have the economic majority, but there have been a number of surveys showing the opposite (and none from them showing significant BU support outside of Bitmain's cartel), and this price rise is further evidence. I put $9K that I'd pulled out of bitcoin right back in last night after I digested the news myself, as a case in point. That's a big chunk for me.

There was just no reason to believe bitcoin would have survived as a desirable store of value under a Bitmain dictatorship seeking to maximize short-term miner revenue. If their influence can be eliminated Bitcoin can soar again.

Thanks. I'm a Core supporter now.

ebliever

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Quote from: Minecache on April 06, 2017, 01:39:08 PM

Why is BTC price rising?

For the same reason it was dropping when it looked like Bitcoin Unlimited might succeed. Their attempt to monopolize mining and control of the Bitcoin protocol was great for Bitmain, and ugly for everyone else. Plus they've been blocking Segwit and the Lighting Network. Now that they've been exposed we have a much better chance to beat back their effort and ultimately put Bitcoin back in a healthy competitive state.

BU supporters will tell you they have the economic majority, but there have been a number of surveys showing the opposite (and none from them showing significant BU support outside of Bitmain's cartel), and this price rise is further evidence. I put $9K that I'd pulled out of bitcoin right back in last night after I digested the news myself, as a case in point. That's a big chunk for me.

There was just no reason to believe bitcoin would have survived as a desirable store of value under a Bitmain dictatorship seeking to maximize short-term miner revenue. If their influence can be eliminated Bitcoin can soar again.

Blockonomics.co

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Quote from: franky1 on April 06, 2017, 01:50:41 PM

lol

i didnt see people crying when an AMD CPU had an advantage vs a Intel CPU
i didnt see people crying when an ATI GPU had an advantage vs a Geforce GPU

but all of a sudden "bomb ASICS coz gmaxwell says so"

why the sudden bomb threats and deadlines and blackmails..
is the $70m debt recovery process coming soo soon?

The problem here isn't ASICBOOST. The problem is that Jihan Wu (and others) are actively blocking SegWit for their own personal gain, while pretending that it is a difference in principle and they are acting to help us all.

Yogafan00000

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Quote from: jonald_fyookball on April 06, 2017, 01:03:53 PM

Quote from: XbladeX on April 06, 2017, 12:48:35 PM

Quote from: jonald_fyookball on April 06, 2017, 12:38:32 PM

****
There's no logical reason the community couldn't have agreed to simple block increase years ago, except for core propaganda.
****

have you tried run FULL NODE ?

Nope. Satoshi never wrote about non-mining full nodes and I don't see any personal benefit to me why I should run one.

Dude. Sour. Really fucking sour. Angry

chek2fire

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Quote from: franky1 on April 06, 2017, 01:50:41 PM

lol

i didnt see people crying when an AMD CPU had an advantage vs a Intel CPU
i didnt see people crying when an ATI GPU had an advantage vs a Geforce GPU

but all of a sudden "bomb ASICS coz gmaxwell says so"

why the sudden bomb threats and deadlines and blackmails..
is the $70m debt recovery process coming soo soon?

personal i am not see a problem for someone to cheat mining. The problem will be with Jihan and other miners. This story only expose how shadow puppets is guys like Ver and Jihan and what lies he spread over a year now.
They not want to "help" bitcoin as they say. They not want bitcoin to be a succeed as they say. they only care about their profit and they personal wealth and for that reason they will not care even if bitcoin completely collapse.
what about mining. do you understand how you calculate hashrate now? I think this ASICBOOST is like trading bot of chinese miners. If developers can remove this then we will all see the true hashrate from china Tongue

franky1

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lol

i didnt see people crying when an AMD CPU had an advantage vs a Intel CPU
i didnt see people crying when an ATI GPU had an advantage vs a Geforce GPU

but all of a sudden "bomb ASICS coz gmaxwell says so"

why the sudden bomb threats and deadlines and blackmails..
is the $70m debt recovery process coming soo soon?

Carlton Banks

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Quote from: cellard on April 06, 2017, 01:39:51 PM

Quote from: Carlton Banks on April 06, 2017, 01:13:40 PM

Quote from: jonald_fyookball on April 06, 2017, 01:03:53 PM

Nope. Satoshi never wrote about non-mining full nodes and I don't see any personal benefit to me why I should run one.

.....and there we have it.

R.I.P, jonald_fyookball, March 2, 2014, 07:09:01 AM - April 6, 2017, 5:03:53 PM

He advocated for big-blocks, so that others would pay the price.

Died in his own BS. He will be gladly missed.

How can even claim that? the original bitcoin qt allowed people to mine with their compute while running the node so whats the deal?

Also satoshi claimed that a hard fork in btc would be a disaster.

They're all starting to froth at the mouth, the cheap tricks aren't working.

When will they learn: when you lie in the information age, true information has a habit of catching up with you, fast.

chek2fire

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Quote from: Minecache on April 06, 2017, 01:39:08 PM

Why is BTC price rising?

because many felt to this Jihan Fud trap before.

cellard

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Quote from: Carlton Banks on April 06, 2017, 01:13:40 PM

Quote from: jonald_fyookball on April 06, 2017, 01:03:53 PM

Nope. Satoshi never wrote about non-mining full nodes and I don't see any personal benefit to me why I should run one.

.....and there we have it.

R.I.P, jonald_fyookball, March 2, 2014, 07:09:01 AM - April 6, 2017, 5:03:53 PM

He advocated for big-blocks, so that others would pay the price.

Died in his own BS. He will be gladly missed.

How can even claim that? the original bitcoin qt allowed people to mine with their compute while running the node so whats the deal?

Also satoshi claimed that a hard fork in btc would be a disaster.

Minecache

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Why is BTC price rising?

ebliever

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Please ignore the BU shills that keep piling on and obfuscating everything. They will kill bitcoin if they keep it up and prevent a solution to this crisis.

Further, Bitmain is performing a patented hardware optimization.
The patents mean that other miners are unable to capitalize on these
optimizations. These optimizations are to the tune of 30%. If you give one
player in the mining industry a permanent 30% cost advantage they will
eventually own everything. It's an industry where margins tend towards zero.
...
But you need to recognize that the issue is not that Bitmain ran a hardware
optimization. It's that hardware optimizations exist which directly inhibit
upgrading the protocol. And it's that hardware optimizations exist
encumbered by patents enough to give one party a decisive advantage in
mining, decisive enough for them to build a single, centralized monopoly.

(David Vorick, https://www.mail-archive.com/[email protected]/msg05082.html)

Greg's proposal is in line with the principles of cryptocurrencies:
PoW-based cryptocurrency can work only if there is a competition between
miners, which requires all miners to have equal access to the technology.

The notion that Bitmain is entitled to future profits is completely
ridiculous. Every investment has a risk, and doing unusual stuff which
boosts your profits is associated with increased risk. Developers just need
to make sure all miners are on equal grounds, as that's the whole point of
the protocol.

(Alex Mizrahi, https://www.mail-archive.com/[email protected]/msg05093.html)

Lots more good food for thought at the discussion in these links.

Carlton Banks

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Quote from: jonald_fyookball on April 06, 2017, 01:03:53 PM

Nope. Satoshi never wrote about non-mining full nodes and I don't see any personal benefit to me why I should run one.

.....and there we have it.

R.I.P, jonald_fyookball, March 2, 2014, 07:09:01 AM - April 6, 2017, 5:03:53 PM

He advocated for big-blocks, so that others would pay the price.

Died in his own BS. He will be gladly missed.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: XbladeX on April 06, 2017, 12:48:35 PM

Quote from: jonald_fyookball on April 06, 2017, 12:38:32 PM

****
There's no logical reason the community couldn't have agreed to simple block increase years ago, except for core propaganda.
****

have you tried run FULL NODE ?

Nope. Satoshi never wrote about non-mining full nodes and I don't see any personal benefit to me why I should run one.

XbladeX

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Quote from: jonald_fyookball on April 06, 2017, 12:38:32 PM

****
There's no logical reason the community couldn't have agreed to simple block increase years ago, except for core propaganda.
****

have you tried run FULL NODE ? I am and guess what it takes full week to sync with network this is 100GB if you start upgrading network how much space i will need in 10 years ?
TO get Visa dream you need 1000MB per block and about 370TB data.
Big blocks are death to p2p system once you can not validate send own blocks this is not p2p currency but some king centralized paypal. Not everybody have PC for 1000$+ to run full node.

Current sytuation with Bitmain just prooves how fucked central mining is. They block solutions to save own biggest intrest this is big shit. This will be trown on free market and free market will say to you that better is have centralized Etherum than greedy miners

Topic: ASICBOOST Aftermath: What Now Must Be Done? - page 4. (Read 3802 times)