Come join me >> The Official Facebook Group of Bitcoin!
Topic: BREAKING: Satoshi Loyalists Upgrade to Bitcoin XT Before Deadline (Read 2724 times)
I think this thread has pretty much run its course. It's probably a good time to close it now!
Come join me >> The Official Facebook Group of Bitcoin!
Come join me >> The Official Facebook Group of Bitcoin!
June 02, 2015, 07:35:40 PM
When is the deadline? I searched in the internet about this and there is no info on the deadline. I am not sure there will be a fork.
Time to actually learn about bitcoin, dumbass. Your activity is over 400 and still doesnt understand shit.
Also are you too dumb to read threads in this section? Many threads already explain this FUD.
As the article say, there are lots of friendly and experienced Bitcoiners who are happy to help you make the transition over here on Bitcointalk.
Yeah, tons of friendly helpful people ready to assist you. ROFL
It's no wonder Vladimir Marchenko started a fully moderated Bitcoin forum years ago. Too bad Vladimir was a scumbag. His forum was actually pretty nice. So was his mining pool.
My head hurts reading your stupidity.....
Again, tons of friendly helpful people ready to assist you.
June 02, 2015, 07:08:23 PM
There is no decision making mechanism in the current bitcoin core devs group, thus the chaos
In fact bitcoin is centralized around its protocol, the protocol is very centralized, there is no freedom in selecting different parameters of the protocol, that's the only thing that all the bitcoiners agree upon. So the protocol should be highly centralized around those basic promises like limited total coin supply, shrinking block reward and block reward incentivized mining
But block size limit clearly showed that even a small disagree on one of the parameters of the protocol can make it split, so it is better to let the rules written into stone and no one would be able to change it in future (So that we don't run into these political fight again and again in future)
Satoshi said the block size limit can be lifted when needed, but even raise it to 20MB will not be a permanent solution, a permanent solution will be either totally removing the hard cap (soft cap can still be set by miners) or set the cap by a dynamic formula. A genius formula will be the real solution but that requires huge wisdom, maybe Satoshi will throw in a formula some day
In fact bitcoin is centralized around its protocol, the protocol is very centralized, there is no freedom in selecting different parameters of the protocol, that's the only thing that all the bitcoiners agree upon. So the protocol should be highly centralized around those basic promises like limited total coin supply, shrinking block reward and block reward incentivized mining
But block size limit clearly showed that even a small disagree on one of the parameters of the protocol can make it split, so it is better to let the rules written into stone and no one would be able to change it in future (So that we don't run into these political fight again and again in future)
Satoshi said the block size limit can be lifted when needed, but even raise it to 20MB will not be a permanent solution, a permanent solution will be either totally removing the hard cap (soft cap can still be set by miners) or set the cap by a dynamic formula. A genius formula will be the real solution but that requires huge wisdom, maybe Satoshi will throw in a formula some day
That is the holygrail of bitcoin.
I agree that the obvious solution is a sliding scale for the block size. You think it would be easy because they already do this with the difficulty. However I know little of math and I am sure that it is more challenging than it seems to the layperson.
June 02, 2015, 07:01:05 PM
There is no decision making mechanism in the current bitcoin core devs group, thus the chaos
In fact bitcoin is centralized around its protocol, the protocol is very centralized, there is no freedom in selecting different parameters of the protocol, that's the only thing that all the bitcoiners agree upon. So the protocol should be highly centralized around those basic promises like limited total coin supply, shrinking block reward and block reward incentivized mining
But block size limit clearly showed that even a small disagree on one of the parameters of the protocol can make it split, so it is better to let the rules written into stone and no one would be able to change it in future (So that we don't run into these political fight again and again in future)
Satoshi said the block size limit can be lifted when needed, but even raise it to 20MB will not be a permanent solution, a permanent solution will be either totally removing the hard cap (soft cap can still be set by miners) or set the cap by a dynamic formula. A genius formula will be the real solution but that requires huge wisdom, maybe Satoshi will throw in a formula some day
In fact bitcoin is centralized around its protocol, the protocol is very centralized, there is no freedom in selecting different parameters of the protocol, that's the only thing that all the bitcoiners agree upon. So the protocol should be highly centralized around those basic promises like limited total coin supply, shrinking block reward and block reward incentivized mining
But block size limit clearly showed that even a small disagree on one of the parameters of the protocol can make it split, so it is better to let the rules written into stone and no one would be able to change it in future (So that we don't run into these political fight again and again in future)
Satoshi said the block size limit can be lifted when needed, but even raise it to 20MB will not be a permanent solution, a permanent solution will be either totally removing the hard cap (soft cap can still be set by miners) or set the cap by a dynamic formula. A genius formula will be the real solution but that requires huge wisdom, maybe Satoshi will throw in a formula some day
June 02, 2015, 02:45:48 AM
Im getting quite sick of this shit. The conflict of interest really fucks this up and is really showing why we are being steared away from 20mb blocks. Its quite clear what we all need to do in my eyes..
June 02, 2015, 02:34:10 AM
Some of these developers already got a scent of the NEW money with Bitcoin-XT ....We have reached a point of no return.
On the one hand, you have Satoshi purists, who believe the Status Quo will make NO difference AND on the other hand you have people who want to take preventative action. {Some of them with hidden agenda's}
How do you bring these two groups together? We need a Nelson Mandela here, that can step back and say ...." What is the best for Bitcoin " .... NOT " What is the best for me "
This is going to get messy, and it's not going to be good for Bitcoin.
On the one hand, you have Satoshi purists, who believe the Status Quo will make NO difference AND on the other hand you have people who want to take preventative action. {Some of them with hidden agenda's}
How do you bring these two groups together? We need a Nelson Mandela here, that can step back and say ...." What is the best for Bitcoin " .... NOT " What is the best for me "
This is going to get messy, and it's not going to be good for Bitcoin.
June 02, 2015, 01:47:45 AM
Why are other developers against a move to Bitcoin XT?
Because they have a conflict of interest.
I suggest everyone should go listen to the audio recording in this thread.
The OP is full of it. There is no deadline.
Also I want to respond to the idea that increased block size will not solve the problem because the size will need to be increased. First off it is a problem that need to be addressed. If we ignore it then things will get truly bad for bitcoin. Second technology is increasing all the time. My first computer had 300MB hard drive when I was a kid, and cost (adjusted for inflation) about twice what my current laptop cost. By the time the block size get too big to handle my guess is that technology will have surpassed the point that it needs to be in order to handle more bandwidth, storage, and computing power. Third it may be a temporary fix but it is better than giving in to developers with a conflict of interest or doing nothing.
June 02, 2015, 01:35:09 AM
Why are other developers against a move to Bitcoin XT?
June 02, 2015, 01:11:20 AM
When is the deadline? I searched in the internet about this and there is no info on the deadline. I am not sure there will be a fork.
Time to actually learn about bitcoin, dumbass. Your activity is over 400 and still doesnt understand shit.
Also are you too dumb to read threads in this section? Many threads already explain this FUD.
As the article say, there are lots of friendly and experienced Bitcoiners who are happy to help you make the transition over here on Bitcointalk.
Yeah, tons of friendly helpful people ready to assist you. ROFL
It's no wonder Vladimir Marchenko started a fully moderated Bitcoin forum years ago. Too bad Vladimir was a scumbag. His forum was actually pretty nice. So was his mining pool.
June 02, 2015, 01:11:06 AM
There is no dead line for any of this. You should read up on the recent events about the proposed 20MB block increase. The core devs are not agreeing on what should be done.
June 02, 2015, 01:10:43 AM
When is the deadline? I searched in the internet about this and there is no info on the deadline. I am not sure there will be a fork.
Time to actually learn about bitcoin, dumbass. Your activity is over 400 and still doesnt understand shit.
Also are you too dumb to read threads in this section? Many threads already explain this FUD.
Time to learn about respect, dumbass. Your activity is over 700 and still rude as shit. I am reading on this recent development now and found no info the deadline and so I am asking. It could be mentioned somewhere I missed.
Gavin has not released the Deadline. I think the best guess at this point is sometime around Feb 2016.
June 02, 2015, 01:06:48 AM
When is the deadline? I searched in the internet about this and there is no info on the deadline. I am not sure there will be a fork.
Time to actually learn about bitcoin, dumbass. Your activity is over 400 and still doesnt understand shit.
Also are you too dumb to read threads in this section? Many threads already explain this FUD.
Time to learn about respect, dumbass. Your activity is over 700 and still rude as shit. I am reading on this recent development now and found no info the deadline and so I am asking. It could be mentioned somewhere I missed.
June 02, 2015, 12:57:32 AM
When is the deadline? I searched in the internet about this and there is no info on the deadline. I am not sure there will be a fork.
Time to actually learn about bitcoin, dumbass. Your activity is over 400 and still doesnt understand shit.
Also are you too dumb to read threads in this section? Many threads already explain this FUD.
As the article say, there are lots of friendly and experienced Bitcoiners who are happy to help you make the transition over here on Bitcointalk.
June 02, 2015, 12:51:14 AM
When is the deadline? I searched in the internet about this and there is no info on the deadline. I am not sure there will be a fork.
June 02, 2015, 12:42:12 AM
btw, Idiots, if you didnt figure out yet, MicroGuy is being fcktard playing with you all. Hes an anti-bitcoin piece of shit.
I am not anti bitcoin. I am anti bitcoin is better than all the other coins doctrine.
June 02, 2015, 12:34:28 AM
Will I lose all of my bit coins if I don't upgrade? I'm scared... I think it is easier to just dump. This is why common folk like me won't touch this shit. What the hell is going on!?
dump it, you're too stupid to understand shit anyway.
and by dump.... i mean selling a merely couple btcs that you have....
Don't worry, I'm not the only one getting out of this mad experiment. Just look at the price plummet
btw, Idiots, if you didnt figure out yet, MicroGuy is being fcktard playing with you all. Hes an anti-bitcoin piece of shit.
I really like this new drama so far. shaken all the scumbags whos in this to be rich. I like to stack up my coins.
I really like this new drama so far. shaken all the scumbags whos in this to be rich. I like to stack up my coins.
Will I lose all of my bit coins if I don't upgrade? I'm scared... I think it is easier to just dump. This is why common folk like me won't touch this shit. What the hell is going on!?
After Gavin switches Bitcoin over to Mike's Bitcoin-XT project will my BTC be blacklisted if I don't meet the deadline?
After the hard fork, the Bitcoins you own now will remain safe, but you will be required to upgrade in order to send or receive.
...
Bitcoin Chief Scientist Gavin Andreson, announced that he would override the outdated rule of gaining consensus among core developers and hard fork Bitcoin with his friend Mike Hearn. Once these code changes are implemented, people on the old chain risk being left stranded at sea.
...
Many Satoshi loyalists decided to begin the painless upgrade process to XT today. If you need technical support during the upgrade process, there are plenty of friend folks ready to provide assistance at BitcoinTalk.org.
Bitcoin Chief Scientist Gavin Andreson, announced that he would override the outdated rule of gaining consensus among core developers and hard fork Bitcoin with his friend Mike Hearn. Once these code changes are implemented, people on the old chain risk being left stranded at sea.
...
Many Satoshi loyalists decided to begin the painless upgrade process to XT today. If you need technical support during the upgrade process, there are plenty of friend folks ready to provide assistance at BitcoinTalk.org.
I have a few question if anyone can help:
After Gavin switches Bitcoin over to Mike's Bitcoin-XT project will my BTC be blacklisted if I don't meet the deadline?
Also, I'm really looking forward to being able to prove my identity in order to use Bitcoin, and wonder when and how will it be accomplished on the XT fork? Will the NFC on my government issued passport be of use?
I assume that's sarcasm after rereading it. The first time I read it I almost gasped, lol.
Jump to: