Topic: Bitcoin Core #REKT - page 2. (Read 2447 times)

Yeah ... only 74% of the hashpower supports it now.

and the biggest wallet (blockchain.info).

and coinbase.

luke-jr trolling and trying to pull github repository and change the PoW algo has nothing to do with anything but luke-jr trolling.  

Prepare for a hardfork

Amazing content?  Three years and they have cut the transactions per second from 7 to 3.  No better scripting / smart contracts.

God knows we'll never see sidechains.

Oh yeah.  And they eliminated 0 conf transactions in their idea of scalability so every vendor will have to reprogram everything to do reasonably quick will have to reprogram everything to work with new more complex interface.

luke-jr and jameshilliard trolling to the maximum on those pull requests. little children.

The thread should be renamed:
Bitcoin Core is dead, long live to Bitcoin Classic!
 




Oh, the insane Juke-jr pull request. When something works well on GPU, there is no reason to make more effecient ASIC version.

To solve miner centralization, full node client need have implemented P2P decentralized pool protocol for homeminers where they share block reward in trustless manner, Bitcoin Core seems to have other priorites like making the blocks full so other offchain solutions can capitalize on Bitcoin transactions, so lets see if its successor Bitcoin Classic implements this P2P decentralized pool protocol to help decentralize mining bit more


He he, this thread moved to altcoin discussion section by theymos... I think he still has some hope in Bitcoin Core

It would be surprising if Theymos were really backing Classic. Your assertion prompted me to look through some of his recent reddit comments. Here's one from "1 day ago":

https://www.reddit.com/r/Bitcoin/comments/40zs8h/instead_of_whining_about_the_block_size_we_better/cyywmvg

I don't have any ASICS. I agree that Bitcoin Classic won't merge Luke Jr.'s PR. But don't worry. There's a proposal for Bitcoin FU (Forking Uninhibited) that will hard fork away from SHA2 the same time Bitcoin Classic forks away from 1MB.

https://bitcointalksearch.org/topic/mutual-assured-forking-how-the-miners-can-vote-to-fire-the-miners-1330447

Everyone will get what the Bitcoin they want and we can finally put all this drama behind us.

Actually I think Theymos is backing Classic now.

Brg444 #REKT
Theymos #REKT

Oh really?  I guess Mike Hearn is 100% wrong and all the people and companies
backing Bitcoin classic are 100% wrong too.  Sounds legit.

Bitcoin Core really, really is not REKT. There is absolutely nothing to suggest this, stop trolling.

The github pull request by luke-jr that everyone is concerned about was closed by jtoomin. No longer a concern your ASICS are safe. luke-jr seems to be a bit of a loose cannon:) As I read the repositories they are trying to make the implementation as simple as possible with just a 2 MB patch to gain support from the pools. Since a client is not even available yet that support remains to be seen.

and in 3 months-1 year china will have SHA3 asics and dominate again without 6 years of difficulty growth because the difficulty has been reset, so although you might has mentioned the difficulty may change to not cause transaction delays for users.. its still not solving the dominance issue, long term

plus ofcourse if the difficulty did drop to a level that an average laptop can solve in 10 minutes.. then nefarious users will syndicate(group/pool) multiple systems together to 51% attack very easily and cheaply

Yes, it will kill off today's ASICS. But I disagree about the difficulty. Obviously the hardfork would not only change the PoW but initialize the difficulty to a reasonable value for that PoW.

"Your useless altcoin" lol.. i love it.  

It's like: "There's a possibility of a fork, so I'll just call the version I
disagree with an altcoin and claim the higher moral ground."

That's just posturing, nothing more.

Its the same intellectual dishonesty used by people who
called XT an altcoin when it fact it was an alt client
and wouldn't cause a fork unless 75% of the mining
power was behind it.

Also, "sound developers"?  Who? Greg Maxwell?

He may been a good coder but he also never shared
Satoshi's vision in how Bitcoin would scale, started
a company with business interests counter to Bitcoin
scaling, and continually thwarts the wishes of the larger
Bitcoin community to increase the blocksize.

 

lol
Keccak is  SHA3..
which will totally kill off ASICs of todays current design.. and would cause the system to take weeks to solve one block because the difficulty is soo high, by the time that 2016 blocks are solved (years) to then downgrade difficulty, would be too late... ASIC producers would have created a SHA3 asic chip. and the chinese manufacturers would dominate again..
all because it costs them $200 to make the asic but sell it to others for $2000, meaning for every unit a competitor buys.. the competitor is literally handing the chinese manufacturer multiple units for free.

it solves nothing short term or long term..

instead:
the only way to solve centralization, without delaying blocks for months by changing the algorithm, without just making it a stopgap to repeat again next year and without risking security by allowing single user to be more powerful than super computer power...
is to ignore a solved block provided by the same known pool if it solves more than 3 blocks an hour.
infact implementing a rule to ignore a pool for atleast 6 blocks means there will be atleast 6 pools on equal footing
EG
00:05:00am bl400000 -BTCC.com
00:15:00am bl400001 -BTCC.com (ignored)
00:15:02am bl400001 -Iceland.com
00:25:00am bl400002 -BTCC.com (ignored)
00:25:02am bl400002 -iceland.com (ignored)
00:15:04am bl400001 -canada.com
00:35:00am bl400003 -BTCC.com (ignored)
00:35:02am bl400003 -iceland.com (ignored)
00:35:04am bl400003 -canada.com (ignored)
00:35:06am bl400003 -Emerica.com
00:45:00am bl400004 -BTCC.com (ignored)
00:45:02am bl400004 -iceland.com (ignored)
00:45:04am bl400004 -canada.com (ignored)
00:45:06am bl400004 -Emerica.com (ignored)
00:45:08am bl400004 -England.com
00:55:00am bl400005 -BTCC.com (ignored)
00:55:02am bl400005 -iceland.com (ignored)
00:55:04am bl400005 -canada.com (ignored)
00:55:06am bl400005 -Emerica.com (ignored)
00:55:08am bl400005 -England.com (ignored)
00:55:10am bl400005 -france.com
01:05:00am bl400006 -BTCC.com
01:15:00am bl400007 -BTCC.com (ignored)
01:15:02am bl400007 -Iceland.com

blah blah blah you get the idea.

i personally dont like this idea as it messes with consensus and can be abused to not relay certain miners block based on emotion rather than security strength of the solution. but atleast its easier to implement than luke jr's version which is just a short stop gap, with lots of immediate negative repercussions and by the time it settles down the stopgap is over and dominance begins again

It's the unbeatable All Star Dream Team:

https://www.reddit.com/r/btc/comments/4182w6/who_are_bitcoin_classic_developers/cz0baj2

What are you going to do when you are on the altcoin chain?

CORE IS NOT BITCOIN MAJORITY IS BITCOIN

And the majority is coming



Brg444 is gonna get #REKTED

www.BitcoinClassic.com

Over 50% of Mining Power is already publicly committed.   List of Miners already publicly on record as Supporting Bitcoin Classic:

• Bitmain/Antpool
• BitFury
• BW.COM
• HAOBTC.com
• KnCMiner
• Genesis Mining
• Avalon Miner

Everybody needs to be ready to DOWNLOAD and RUN Classic the second it is released.  The Blockstream/Coretard Supporters will be ramping up FUD, trying to DDOS sites.  We need a fast, massive rampup to show unity.  Classic Blocks and Classic Nodes need to EXPLODE OUT OF THE BLOCKS BABY!

Get Ready to Upgrade!

It does look like "Classic" is getting a significant number of the mining power to pledge support.

I'm not interested in a version of Bitcoin that goes against the opinion of most of the experts. I like Luke Jr.'s plan:

Fire the Miners!

https://np.reddit.com/r/bitcoin_uncensored/comments/416qtj/please_support_this_pull_request_to_fix_mining/

Well, really? No one(at least for me) really cares about Bitcoin Classic or whatever you call it.
Why don't you people who support Bitcoin Classic develop your own coins if you really want a 2MB blocksize? :O