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Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 118. (Read 378996 times)

hero member
Activity: 546
Merit: 500
There's no way Dorian Satoshi Nakamoto is 6 foot.
On a serious note, I still do not understand how big blockers still don't seem to get it. We already have centralized mining, im still waiting for a convincing explanation of how centralizing the nodes would be a good idea (and this is what would happen once the blocks become too big and they will). Having to rely on offchain transactions isn't ideal, but the world isn't ideal, and it's certainly better than a group of 4 or 5 private companies owning most of the nodes.
Increasing the blocksize would not make mining more centralized. The blocksize has no impact on mining centralization whatsoever. I am not advocating centralizing the nodes either. You are correct in thinking that no solution is ideal which is why I think that increasing the blocksize is the best solution which maximizes decentralization and financial freedom compared to the other alternatives. If Bitcoin does not scale to accommodate a greater amount of transactions directly then this would impact node count as well when compared to allowing increased transactional capacity, since increased adoption would also lead to an increased node count, therefore increasing the blocksize needs to ideally be a balancing act between actual adoption and transaction volume.

legendary
Activity: 1260
Merit: 1002

@hdbuck on the fact that should be pinned in the top of the section is ok but remember that always there will be the n00b of the case that will try to dissolve all the bitcoin community

hmyea, hence, pin it!

its hearndresen's legacy to bitcoin, allowing its resilience to social attacks and other shady governance coup.
full member
Activity: 182
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Hearndresen continue ostracising themselves from development. Good stuff for Bitcoin.

https://archive.is/bSdMT

XT increasingly dead, Bitcoin hitting $300.

Happy days.

yeah we can finally say that bitcoin xt or how i want to call "make a stupid excuse to buy bitcoin ownership taking his value to 0" extremely dead, and i suppose this thread doesn't have any other need to be open or is just my illusion?

They're still producing laughter material, so the thread IMO is justified. Should probably be in the altcoin section though.

nahh, this thread should be pinned in this bitcoin section as a warning for all them forking n00bs.

@muyuu i see, anyway if they want to make XT a bit laugh means that they aren't professionals after all

@hdbuck on the fact that should be pinned in the top of the section is ok but remember that always there will be the n00b of the case that will try to dissolve all the bitcoin community
legendary
Activity: 1260
Merit: 1002
Hearndresen continue ostracising themselves from development. Good stuff for Bitcoin.

https://archive.is/bSdMT

XT increasingly dead, Bitcoin hitting $300.

Happy days.

yeah we can finally say that bitcoin xt or how i want to call "make a stupid excuse to buy bitcoin ownership taking his value to 0" extremely dead, and i suppose this thread doesn't have any other need to be open or is just my illusion?

They're still producing laughter material, so the thread IMO is justified. Should probably be in the altcoin section though.

nahh, this thread should be pinned in this bitcoin section as a warning for all them forking n00bs.
donator
Activity: 980
Merit: 1000
Hearndresen continue ostracising themselves from development. Good stuff for Bitcoin.

https://archive.is/bSdMT

XT increasingly dead, Bitcoin hitting $300.

Happy days.

yeah we can finally say that bitcoin xt or how i want to call "make a stupid excuse to buy bitcoin ownership taking his value to 0" extremely dead, and i suppose this thread doesn't have any other need to be open or is just my illusion?

They're still producing laughter material, so the thread IMO is justified. Should probably be in the altcoin section though.
full member
Activity: 182
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Hearndresen continue ostracising themselves from development. Good stuff for Bitcoin.

https://archive.is/bSdMT

XT increasingly dead, Bitcoin hitting $300.

Happy days.

yeah we can finally say that bitcoin xt or how i want to call "make a stupid excuse to buy bitcoin ownership taking his value to 0" extremely dead, and i suppose this thread doesn't have any other need to be open or is just my illusion?
donator
Activity: 980
Merit: 1000
Hearndresen continue ostracising themselves from development. Good stuff for Bitcoin.

https://archive.is/bSdMT

XT increasingly dead, Bitcoin hitting $300.

Happy days.
legendary
Activity: 1162
Merit: 1004
More ad hominem from the usual suspects.

A thread for children. They have pictures, memes and ad hominems. They are not older than the core devs and the core mods.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Does this guy not realize who he is surrounded by?  Cheesy

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
More ad hominem from the usual suspects.


wanna cry?


There's no way Dorian Satoshi Nakamoto is 6 foot.
On a serious note, I still do not understand how big blockers still don't seem to get it. We already have centralized mining, im still waiting for a convincing explanation of how centralizing the nodes would be a good idea (and this is what would happen once the blocks become too big and they will). Having to rely on offchain transactions isn't ideal, but the world isn't ideal, and it's certainly better than a group of 4 or 5 private companies owning most of the nodes.

Don't you worry! Their corporatists friends will gladly support Bitcoin from the comfort of their dedicated gigabyte connected decentralized datacenters  Wink
legendary
Activity: 1638
Merit: 1001
XT looks like a pozni to me.
legendary
Activity: 1610
Merit: 1183
More ad hominem from the usual suspects.


wanna cry?




There's no way Dorian Satoshi Nakamoto is 6 foot.
On a serious note, I still do not understand how big blockers still don't seem to get it. We already have centralized mining, im still waiting for a convincing explanation of how centralizing the nodes would be a good idea (and this is what would happen once the blocks become too big and they will). Having to rely on offchain transactions isn't ideal, but the world isn't ideal, and it's certainly better than a group of 4 or 5 private companies owning most of the nodes.
legendary
Activity: 1260
Merit: 1002
More ad hominem from the usual suspects.


wanna cry?


hero member
Activity: 546
Merit: 500
More ad hominem from the usual suspects.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.

-


Hold on, dying at the moment.  BRB.   Lips sealed

Please note the goatee indicates that is Evil Gavin, from a dystopic parallel universe where Bitcoin is called Panopticoin and used to surveil anything anyone does.  Most of that universe's raw materials, electricity, and bandwidth are used maintaining and upgrading the huge server farms and bandwidth necessary to support 100TB blocks, which monitor every coffee and bus ticket ever purchased, forever.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
LOL. Blockthestream inc. Mike "Final Call + Checkpoints" Hearn and decentralization.
Orwell everywhere.

Fixed it.  No charge.

Yes. Hearn coblee triggered competition to the dev monopoly.


Fixed it again.
donator
Activity: 980
Merit: 1000
The goons at XT misappropriating code as Gavin's, again. This time Greg Maxwell's.

https://www.reddit.com/r/bitcoinxt/comments/3q9bof/now_there_is_one_one_less_reason_to_limit/



Peter__R continues to pretend there is an effective fee market currently:

legendary
Activity: 1176
Merit: 1017
This whole argument just proves how precarious the technology seems to most.  Satoshi Nakamoto, where are you when you're needed?  If you're quietly monitoring this thread, can we get a little feedback?  

That particular argument has its own perilous pitfalls.  Bitcoin is supposed to function without a controlling entity, so there shouldn't be a single individual to go running to every time there's a disagreement.  That should be the case whether it's Satoshi Nakamoto, Adam Back, Gavin Andresen, Nick Szabo, or whoever else people want to nominate to speak as if it were their sole decision to make.  Such individuals shouldn't be quoted as though their words were gospel, as happens too often in this thread. Those securing the network make the decisions.

True...I guess...from your perspective.  All I'm saying is that if Bitcoin's code is becoming antiquated, it should be fixed by those entrusted to oversee the blockchain's health; otherwise, it just seems risky to even venture an investment in the project.  If many of the brains behind the project are confused and can't agree on what to do, then it looks like it may be time to re-position investments into something that is not antiquated.
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