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Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 165. (Read 378996 times)

hero member
Activity: 560
Merit: 500
Those xt just crashed the market how can a team has two vision and instead to ask community to choose  they tryed to force us into darkness.Its time to the real satoshi nakamoto returns and take this project ahead ,before those team kill it.
jr. member
Activity: 42
Merit: 1
I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.
BIP101 is at this point the deadest it could possibly be. I can also run a node with funky rules that will never be activated and claim it's not dead.
For as long as you are running that node you should not consider it dead either. As long as someone believes in the code it will continue to live, cryptocurrency is the same in that it can be sustained by peoples believe. I think it is difficult to tell how much traction BIP101 really has today, since it would make sense that the miners would be cautious until they are certain that the economic majority is on their side, so depending on the state of consensus we could see BIP101 gain more traction in the future, there is much uncertainty around this and I am certainly not in a position to even know this. However I am certain that if Core does take to long to increase the blocksize another implementation will instead.

The point is, with the current load in the network (under 1MB blocks still) people in some places already have hard time keeping up when running full nodes continuously due to the fact that data needs to be transmitted multiple times between many peers. So in the case of XT, if the new rules become active and blocks get even slightly bigger, you won't be able to run that wonderful XT client anymore. You are effectively voting yourselves out of Bitcoin.

That's the irony of it, that's why it has ">>(e)X(i)T" in its logo, go check it out! Grin
Of course, people always have a choice, but paradoxically within that choice is also an option to give it away.
Being able to validate the blockchain is an important part of Bitcoin's original core value proposition, it needs to stay that way.
donator
Activity: 980
Merit: 1000
I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.
BIP101 is at this point the deadest it could possibly be. I can also run a node with funky rules that will never be activated and claim it's not dead.
For as long as you are running that node you should not consider it dead either. As long as someone believes in the code it will continue to live, cryptocurrency is the same in that it can be sustained by peoples believe. I think it is difficult to tell how much traction BIP101 really has today, since it would make sense that the miners would be cautious until they are certain that the economic majority is on their side, so depending on the state of consensus we could see BIP101 gain more traction in the future, there is much uncertainty around this and I am certainly not in a position to even know this. However I am certain that if Core does take to long to increase the blocksize another implementation will instead.

Yeah but that is academic. When we say dead we mean... really dead for all practical purposes. Not going to happen. XT only seems like it could happen if Mike was actually a man and did as he said, do it in a mining minority with a checkpoint. But he's a little bitch, so it won't happen. He wants to keep on "influencing" actual Bitcoin.
hero member
Activity: 546
Merit: 500
I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.
BIP101 is at this point the deadest it could possibly be. I can also run a node with funky rules that will never be activated and claim it's not dead.
For as long as you are running that node you should not consider it dead either. As long as someone believes in the code it will continue to live, cryptocurrency is the same in that it can be sustained by peoples believe. I think it is difficult to tell how much traction BIP101 really has today, since it would make sense that the miners would be cautious until they are certain that the economic majority is on their side, so depending on the state of consensus we could see BIP101 gain more traction in the future, there is much uncertainty around this and I am certainly not in a position to even know this. However I am certain that if Core does take to long to increase the blocksize another implementation will instead.
legendary
Activity: 1260
Merit: 1002


But too bad.  We're not going to stop.  If you don't like it, fork off ...

Too bad.  We're not going to stop.  If you don't like it, fork off.

lol how old are you even?

tss we are not phrokers. you and your XTshill buddies are.

this smells the poor 16yo troll running out of arguments.

so yea, ph0rk off.

donator
Activity: 980
Merit: 1000
I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.

BIP101 is at this point the deadest it could possibly be. I can also run a node with funky rules that will never be activated and claim it's not dead.
jr. member
Activity: 42
Merit: 1
It's all about the Blockchain, people, the Blockchain!!! Don't lose sight of it.
He who holds the "keys" makes the rules. Grin
legendary
Activity: 1162
Merit: 1004


But too bad.  We're not going to stop.  If you don't like it, fork off ...

Too bad.  We're not going to stop.  If you don't like it, fork off.
hero member
Activity: 546
Merit: 500
I suppose this thread refuses to die just like BIP101 is refusing to die. Since it represents both hope and fear for different people.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
I think it is time for this thread to die.

You also thought it was time for the 1MB cap to die.

And you thought it was time for Blockstream and theymos's positions of recognized expertise and extant authority to die.

So pardon me when I dismiss your latest attempt to control the narrative as yet another failed attempt at self-serving wrongheadedness.

I'm not surprised your preference is we not continue to milk you Gavinista lolcows.   Smiley

But too bad.  We're not going to stop.  If you don't like it, fork off and join the other 5 or 6 zero-percenters online at Frap.doc's Lonely Island of Disgruntled Gavinwhores.
jr. member
Activity: 42
Merit: 1
Also, if your plan is still to make it as cheap as possible for people to run nodes.

The plan is to keep it permissionless.
At the current level it we have already maxed out average home connections.
What's your plan?

To not make it twice as bad by maxing out the blocksize too.

"We've hit one wall already, so we should definitely aim for this second one and speed up.  That's bound to make everything better".   Roll Eyes

We maxed out both the current 1MB block size limit and the average home internet connections at the same time.

I have to disagree with this. We are nowhere near maxing out the limit.

You caught me there! There is still room to grow, it seems...
I'm glad that the level of "precision thinking" is rising on this forum. Grin
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Also, if your plan is still to make it as cheap as possible for people to run nodes.

The plan is to keep it permissionless.
At the current level it we have already maxed out average home connections.
What's your plan?

To not make it twice as bad by maxing out the blocksize too.

"We've hit one wall already, so we should definitely aim for this second one and speed up.  That's bound to make everything better".   Roll Eyes

We maxed out both the current 1MB block size limit and the average home internet connections at the same time.

I have to disagree with this. We are nowhere near maxing out the limit.

While the blocks aren't being filled to 1MB (https://blockchain.info/charts/avg-block-size) there are still usually a lot of unconfirmed transactions.

Not a concern. They'd get confirmed right away with a proper fee.
full member
Activity: 196
Merit: 100
Also, if your plan is still to make it as cheap as possible for people to run nodes.

The plan is to keep it permissionless.
At the current level it we have already maxed out average home connections.
What's your plan?

To not make it twice as bad by maxing out the blocksize too.

"We've hit one wall already, so we should definitely aim for this second one and speed up.  That's bound to make everything better".   Roll Eyes

We maxed out both the current 1MB block size limit and the average home internet connections at the same time.

I have to disagree with this. We are nowhere near maxing out the limit.

While the blocks aren't being filled to 1MB (https://blockchain.info/charts/avg-block-size) there are still usually a lot of unconfirmed transactions.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Also, if your plan is still to make it as cheap as possible for people to run nodes.

The plan is to keep it permissionless.
At the current level it we have already maxed out average home connections.
What's your plan?

To not make it twice as bad by maxing out the blocksize too.

"We've hit one wall already, so we should definitely aim for this second one and speed up.  That's bound to make everything better".   Roll Eyes

We maxed out both the current 1MB block size limit and the average home internet connections at the same time.

I have to disagree with this. We are nowhere near maxing out the limit.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
^ can anyone tell this guy I have him on ignore just in case he's speaking to me ?  Cheesy
hero member
Activity: 546
Merit: 500
I think it is time for this thread to die.

Not one poster here (on either side of the debate) was convinced of an opposing opinion, which is hardly surprising.

See you on the next topic.

It was never about convincing anyone but proclaiming Core victory over XT  Grin
People can read this for themselves and decide who has the most convincing arguments, there are obviously people here disagreeing with you. Whether XT will increase the blocksize or another implementation will does not matter. It has been a catalyst for change, which has lead to people questioning and coming to understand how consensus should and does work. It has been successful at this regardless of what we think.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
I think it is time for this thread to die.

Not one poster here (on either side of the debate) was convinced of an opposing opinion, which is hardly surprising.

See you on the next topic.

It was never about convincing anyone but proclaiming Core victory over XT  Grin
donator
Activity: 980
Merit: 1000
I think it is time for this thread to die.

Like XT?   Lips sealed  Grin

https://www.youtube.com/watch?v=uHXfEJD6DUk&feature=youtu.be&t=8m48s

When Trace Mayer decides to abandon neutrality and tears Gavin a new one like that, I think it's time to wake up and smell the coffee.
jr. member
Activity: 42
Merit: 1
Also, if your plan is still to make it as cheap as possible for people to run nodes.

The plan is to keep it permissionless.
At the current level it we have already maxed out average home connections.
What's your plan?

To not make it twice as bad by maxing out the blocksize too.

"We've hit one wall already, so we should definitely aim for this second one and speed up.  That's bound to make everything better".   Roll Eyes

We maxed out both the current 1MB block size limit and the average home internet connections at the same time.
There is nowhere to go at the moment if you are willing to preserve the fundamental properties of the network.

Bitcoin is the biggest network of its kind for now that allows you to have full access to the blockchain from an average household PC and internet connection.
That's the whole purpose it was created in the first place.

FTFY

Having access to the blockchain =! Running a node.

The key word is "permissionless" access.
The home networks are ubiquitous and are even raised to the status of the "basic human rights" in some countries.

I think it is time for this thread to die.

Not one poster here (on either side of the debate) was convinced of an opposing opinion, which is hardly surprising.

See you on the next topic.

Pretty much.
I'm glad that rushing for the (e)X(i)T has finally stopped.
Let's see what other surprises Bitcoin has prepared for us. Cheesy
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I think it is time for this thread to die.

Not one poster here (on either side of the debate) was convinced of an opposing opinion, which is hardly surprising.

See you on the next topic.
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