Topic: BTU will become BTC -- face these facts or get left behind (Read 758 times)

I hear that sometimes you can eat pizza and watch movies in jail too.  What do we need freedom for?

Lots of transactions already happen off-chain. Payments between coinbase accounts are all off-chain, but in a way that requires lots of trust in coinbase. Lightning allows that to happen without any trust. Also segwit is completely different to lightning, all it does is fix the maleability bug which will allow for a lot more functionality and it provides a capacity increase. The miners opposing it are incredibly stupid. They fear off-chain transactions will eat into their profits, they couldn't be more wrong.

The scaling solution BU wants is only a short-term fix, and they are not even capable of doing that. Even if I agreed with the views/ideas of BU team, there is no way I would dare install their software on my machine, it's way too risky to run something so broken and vulnerable. I wish I could gather up every hard disk that contains a copy of BU and launch it into the sun. BU is not my favourite node software.

Core vs BU is technology vs conspiracy

Core may be more experienced and skilled.

However, they are trying to change Bitcoin into something I don't want it to be (a settlement network).  Not only that,
they do not listen to anybody but themselves (and their corporate Blockstream investors and controllers).

BU team might have more buggy code by your metrics, but they are coding what I want -- a Bitcoin by the people, of the people, for the people,
that is in line with Satoshi's vision, in line with free market dynamics, and lets Bitcoin scale organically on the main chain.

This is what is driving the popularity of it.


 

Again Bitcoin has only worked as long as it was being maintained and updated.

This increasingly becomes less and less the case as time has moved forward, look at the history of patches/updates.

@ProfessionalGoogler - i see you've posted the same thing again (the other in the Economics\Speculation)

It appears you may want to change Bitcoin slightly into something that it isn't?

I wonder what your opinions would be on a post I put up not too long ago titled: Hacks & puppets & forks - how to destroy bitcoin: https://bitcointalksearch.org/topic/m.18256120

You've received a bit of a speculative reaction so far.

Fear mongerers have been aplenty in the past, are here today, and will come in the future and they will and have said 'Bitcoin is flawed, it is bugged, and action needs to be taken' - wrong, wrong, wrong. Bitcoin has worked beautifully as the world's premier store of value/investment and again its integrity has remained intact.

Interesting, no?

Lets look at the filesize of each codebase:


So the BitcoinUnlimited team have only contributed around 920kb of code. Actually most of that 920kb isn't even code, but some bullshit documents about the Bitcoin President   , but lets be nice and include those as code anyway.

Here is a list of vulnerabilites and exposures found in Core:
https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures

So that makes 27 for Core

Vulnerabilities per KB:

Bitcoin Unlimited: 1 vulnerability per 920kb
Core: 1 vulnerability per 4,118kb

If Bitcoin Unlimited team had been running the show up till now, there would have been 121 vulnerabilities.

And this is being very favourable towards bitcoin Unlimited, seeing as 6 of those bugs affected wxBitcoin, the early version of Bitcoin written from scratch solely by Satoshi, and most of the 920kb Bitcoin unlimited added isn't even fucking code. And to top it off most of it hasn't even activated yet, it operates as Core node right now but even sitll people are finding tons of shit broken and bad practices everywhere, who knows if any of it was even tested properly. It's a complete abomination, Bitcoin Core was so legible and concise anybody could fork it and make their own coin. Bitcoin Unlimited is all over the place, its full of dirty hacks and it seems like they just moved around code for no reason because they're clueless how it works, it's so fucked. I didn't count all the other low risk bugs found in Bitcoin Unlimited, which you can find here: https://github.com/BitcoinUnlimited/BitcoinUnlimited/issues

the fact is only miners with most hashing power can decide what chain will be BTC, so BTU can become BTC  if BU miners can get more hashing power

The difference is, this is 2017. Core has not made such a massive mistake in ages, becuause they know the situation is serious and they don't fuck around, which is why they are so conservative.

BUGcoin will irreparably damage the network, it's a matter of time. A mistake like that would already have killed the network effect and any trust into bitcoin.

You may be right that BU's vision would benefit Bitcoin more. But the way the BU crew is going about it will ultimately ensure that BU fails, because you're essentially doing a hostile takeover of BTC with fear and propaganda. This will make BU unpopular in the community and thus reduce the demand. It's already listed as an alt-coin so that's a major problem for BU.

Roger working with BitMain, McAfee, Dash and ETH, pumping alt-coins to reduce the BTC dominance, trying to cause panic. Sounds like a fear campaign in the world of politics. Not a good way to gain popularity.

..oh and you forgot to mention all the bugs BTC has had? Really? 

A team of incompetent morons with a flawed protocol change that introduced a bug that could have been fatal just days ago as the main developers of bitcoin. What could go wrong?

People laughed at me when I said litecoin and ripple was trash and that Ethereum would be a alt coin major exchanges adapt.

Not sure why anyone would be against BTU but you better bet it WILL be BTC, trying to make it an "alt coin" is idiotic, period.

Bitcoin is about the FUTURE and needs to constantly change/adapt -- not stay an old grandpa who gives old used washed up bad advice.

Please get with the times people, and stop trying to live in the past.