Author

Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 136. (Read 378996 times)

hero member
Activity: 546
Merit: 500
I was just pointing out that this is the original vision of Bitcoin, not increasing the block size is actually the change, in order to keep Bitcoin the same we must change it.

I do think that we should stick with the fundamental original vision of Bitcoin. I also think that if we do want to fundamentally change Bitcoin then this is best done within an altcoin. Since this would not betray the original social contract of Bitcoin.

We should embrace alternative cryptocurrencies as an extension of the concept of voluntarism. I do think that for the people here that are preaching one megabyte blocks forever, it would be better if they adopt an altcoin instead since that would create less conflict and division as opposed to trying to force your beliefs onto Bitcoin, which I do think some of the Core developers are presently doing as well. Bitcoin is peer to peer digital cash. Bitcoin is also a commodity and a currency. Bitcoin is trust without decentralized authority which can be applied to many different applications. I do not agree with the concept of restricting Bitcoin to just one of these use cases. Bitcoin can and should do all of these things, especially when there is no good reason to restrict its use.

I want decentralization and financial freedom as well you know, please keep that in mind, most of us are and should be on the same side, we are all Bitcoiners together and we share these principles in common at least. Smiley
jr. member
Activity: 42
Merit: 1
Reminding everyone here, who claims that every user needs to be able to run a full node. Quoting Satoshi Nakamoto:

"The eventual solution will be to not care how big it gets." "But for now, while it’s still small, it’s nice to keep it small so new users can get going faster. When I eventually implement client-only mode, that won’t matter much anymore." "The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users."

As I have already responded to sgbett in a similar way, I will say it again that Satoshi didn't put a timeline on that particular configuration. We can likely start aiming in that direction once democratically elected governments are no longer in debt to "the big block institutions" and the global internet infrastructure doesn't run the risk of being censored with regards to Bitcoin's increased traffic.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Not to specifically call any person out but, have you guys read Satoshi's whitepaper recently?

It's been a few months. I don't consult the writings of Karl Benz when I talk about automobiles either! Shame on me.

Well, I wasn't talking about you but it's nice to know you're self-conscious. lol

I enjoy our banter, so I was compelled to respond!

The interesting thing is that currently we know better than at the time Satoshi released his original client. We're past miners being included in every node, we're past CPUs and GPUs, and pooled mining. Among other things. So, even though I carry the gospel of Satoshi everywhere, the cool thing about this project is that not even Satoshi has full power or authority. The network has (so far at least).

Satoshi was being realistic about its own design unlike all of you small blockists who didn't had the genius to invent bitcoin. He obviously wasn't locked up in a prison of fear.
donator
Activity: 980
Merit: 1000
Not to specifically call any person out but, have you guys read Satoshi's whitepaper recently?

It's been a few months. I don't consult the writings of Karl Benz when I talk about automobiles either! Shame on me.

Well, I wasn't talking about you but it's nice to know you're self-conscious. lol

I enjoy our banter, so I was compelled to respond!

The interesting thing is that currently we know better than at the time Satoshi released his original client. We're past miners being included in every node, we're past CPUs and GPUs, and pooled mining. Among other things. So, even though I carry the gospel of Satoshi everywhere, the cool thing about this project is that not even Satoshi has full power or authority. The network has (so far at least).
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Lightning Network, Sidechains, other off-(main)-chain solutions.

All of them are years away from being ready, tested and proven to be secure. None of them are acceptable solutions. Bitcoin will be forked way before that.

Gigablocks known to be broken as a decentralised solution right now, so there's that.

It's fine, you can fork off at your earliest convenience. So long.

Yeah sure, I wonder how your coin that doesn't scale will look like after that.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Reminding everyone here, who claims that every user needs to be able to run a full node. Quoting Satoshi Nakamoto:

"The eventual solution will be to not care how big it gets." "But for now, while it’s still small, it’s nice to keep it small so new users can get going faster. When I eventually implement client-only mode, that won’t matter much anymore." "The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users."

Boring appeal to authority.

BTW had you no shame sharing the misleading "article" of a known scammer!?:
https://bitcointalksearch.org/topic/m.12620721

donator
Activity: 980
Merit: 1000
Lightning Network, Sidechains, other off-(main)-chain solutions.

All of them are years away from being ready, tested and proven to be secure. None of them are acceptable solutions. Bitcoin will be forked way before that.

Gigablocks known to be broken as a decentralised solution right now, so there's that.

It's fine, you can fork off at your earliest convenience. So long.
hero member
Activity: 546
Merit: 500
Reminding everyone here, who claims that every user needs to be able to run a full node. Quoting Satoshi Nakamoto:

"The eventual solution will be to not care how big it gets." "But for now, while it’s still small, it’s nice to keep it small so new users can get going faster. When I eventually implement client-only mode, that won’t matter much anymore." "The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users."
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Lightning Network, Sidechains, other off-(main)-chain solutions.

All of them are years away from being ready, tested and proven to be secure. None of them are acceptable solutions. Bitcoin will be forked way before that.
legendary
Activity: 1120
Merit: 1012
Not to specifically call any person out but, have you guys read Satoshi's whitepaper recently?

It's been a few months. I don't consult the writings of Karl Benz when I talk about automobiles either! Shame on me.

Well, I wasn't talking about you but it's nice to know you're self-conscious. lol

I enjoy our banter, so I was compelled to respond!
donator
Activity: 980
Merit: 1000
Lightning Network, Sidechains, other off-(main)-chain solutions.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.


please be the first and fork off

Don't worry, it's going to happen sooner than you might think.


Bitcoin is here now and it is already a destructor of worlds.

http://cascadianhacker.com/blog/2015/04/24_bitcoin-needs-no-changes-to-destroy-your-world.html

Bitcoin as is doesn't fits the needs of a broad market. Deal with it.

great cause we don't need broad market of suckers like you.

Nope, bitcoin will stay a niche and something else will fill the gap. Too bad it won't be bitcoin as is. Probably an altcoin or even more probably a fork.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.


please be the first and fork off

Don't worry, it's going to happen sooner than you might think.


Bitcoin is here now and it is already a destructor of worlds.

http://cascadianhacker.com/blog/2015/04/24_bitcoin-needs-no-changes-to-destroy-your-world.html

Bitcoin as is doesn't fits the needs of a broad market. Deal with it.

great cause we don't need broad market of suckers like you.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.


please be the first and fork off

Don't worry, it's going to happen sooner than you might think.


Bitcoin is here now and it is already a destructor of worlds.

http://cascadianhacker.com/blog/2015/04/24_bitcoin-needs-no-changes-to-destroy-your-world.html

Bitcoin as is doesn't fits the needs of a broad market. Deal with it.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.


please be the first and fork off

Don't worry, it's going to happen sooner than you might think.


Bitcoin is here now and it is already a destructor of worlds.

http://cascadianhacker.com/blog/2015/04/24_bitcoin-needs-no-changes-to-destroy-your-world.html

legendary
Activity: 1372
Merit: 1000
--------------->¿?
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.


please be the first and fork off

Don't worry, it's going to happen sooner than you might think.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.


please be the first and fork off you clown.
legendary
Activity: 1386
Merit: 1009
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because the fear of the unknown then no one would ever walked on the moon.

The unknown?

ISPs every where all over the world are currently censoring internet access to their customers in some shape or form.

The internet grid is owned by major fiat corporations who can easily be pressed into "interfering" with a growing government threat.

While it may not happen in your country, it will in several others. We need to make Bitcoin resilient to these attacks.

Exactly. There are a lot of sites blocked where I live, and I have to use Tor at times. Tor is what gives me freedom, so does Bitcoin. Bitcoin is Tor of money (even better!). Having Bitcoin 'decentralized' as modern ISPs is only in my nightmares.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
Do you think the internet is centralized because you need to rely on business grade ISP?

Yes.

In fact, until we have a worldwide wireless mesh network in place, Bitcoin is vulnerable to this centralization.

This is overly paranoid. This would be a good thing if we ever get there but it is not a reason to not move forward. If we can't move forward because of fear of the unknown then no one would ever walked on the moon.

Even if it is overly paranoid, let's not move in the opposite direction. Thanks.

Then bitcoin will never get anywhere if it only focus on being overly decentralized. It doesn't adds any utility to the system, won't bring any new participants and does't add any new value proposition. If bitcoin can't scale, then EVERY projects built around it will move to another system, either an altcoin or a fork. Miners will go where the value is because they don't mine for idealogical reasons.
legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
Not to specifically call any person out but, have you guys read Satoshi's whitepaper recently?

It's been a few months. I don't consult the writings of Karl Benz when I talk about automobiles either! Shame on me.

Well, I wasn't talking about you but it's nice to know you're self-conscious. lol
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