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Topic: BU + segwit (Read 2245 times)

hero member
Activity: 770
Merit: 629
March 20, 2017, 05:36:56 AM
#54
lol dinofelis. your still not seeing the bigger picture.

give yourself some time to research abit more.think outside the fiat centralised bubble of servers and truly learn bitcoin.

Still no reasoned arguments, right Wink

Quote
bitcoin is revolutionary compared to the fiat central servers that you seem so intensely obsessed with comparing bitcoin to, that your not actually seeing the bigger concept

Religious zealot blah blah.  Believe !  Believe !  See the Light !  But no hard logical arguments, no gedanken experiments (and if you do, they talked against your stance each time), no rigorous analysis.

legendary
Activity: 4424
Merit: 4794
March 20, 2017, 03:14:45 AM
#53
lol dinofelis. your still not seeing the bigger picture.

give yourself some time to research abit more.think outside the fiat centralised bubble of servers and truly learn bitcoin.

your grasping one nugget and trying to rub it hard to make it shine. but your not seeing the whole wall of precious things that held that nugget inplace for so long

bitcoin is revolutionary compared to the fiat central servers that you seem so intensely obsessed with comparing bitcoin to, that your not actually seeing the bigger concept
hero member
Activity: 770
Merit: 629
March 20, 2017, 02:18:57 AM
#52
but as you say if the market and users dont value it. they just wont use it.
people will just make something else that can be of value.
satoshi did it..

Look, the users will value it if it is called bitcoin.  You see, if you ABSOLUTELY want to ride a Toyota, and the ONLY car Toyota is making, is one with a digital speedometer, while you really want an analogue speedometer, you have the choice between not buying a Toyota, or buying their car with a digital speedometer.  But as long as there is no competition, Toyota will force the digital speedometer onto you.  There's no way you can force them to make cars with analogue speedometers, if digital speedometers are much more lucrative to Toyota.

but then you just dont buy it. and suddenly toyota lose customers.


Yes.  But if the only brand you care about is Toyota, you'll buy the car with the digital speedometer.  

If tomorrow, segwit is activated, do you really think that people are going to dump all their bitcoin in the market because they preferred BU, and run to the nearest altcoin ?  Nope.  They'll cope with it, because there's nothing else that's called "bitcoin".

So if miners, and miners only, decide to switch to segwit, and they do this with 60% of hash rate, then segwit will be.  And all BU nodes will upgrade to segwit, or they will be useless.  And people will continue using "bitcoin" as it is now.

Because there's no other bitcoin.

Even if 80% of non-mining nodes is running BU.  They'll switch quickly.  Or have disfunctional wallets.
legendary
Activity: 4424
Merit: 4794
March 20, 2017, 01:52:14 AM
#51
but as you say if the market and users dont value it. they just wont use it.
people will just make something else that can be of value.
satoshi did it..

Look, the users will value it if it is called bitcoin.  You see, if you ABSOLUTELY want to ride a Toyota, and the ONLY car Toyota is making, is one with a digital speedometer, while you really want an analogue speedometer, you have the choice between not buying a Toyota, or buying their car with a digital speedometer.  But as long as there is no competition, Toyota will force the digital speedometer onto you.  There's no way you can force them to make cars with analogue speedometers, if digital speedometers are much more lucrative to Toyota.

but then you just dont buy it. and suddenly toyota lose customers.

you need to grasp why toyota became popular in the first place.
for instance if toyota never made a car with an analog speedometer, that user would never have wanted a toyota.

oh. and if you think there is no alternative there is.
satoshi made the alternative to the centralised banks.
coblee made a alternative to bitcoin
vatalik made a altrnative to both.. and so on..

get out of the 2 dimensional thinking that bitcoin as a centralised bank will be the only choice and still hold value if it turned into a 2pool 0 node network. your not thinking of the whole ecosystem or even the reason / need / ethos of bitcoin.

if bitcoin starts turning into a centralised bank.. people will drop bitcoin and find something else.
yep anyone can take the data and say as of tonight the blockchain is blocked off from the hotpotato 2 pools. and instead new blocks will be made ontop of block X. if people want they can run a node on this new network and use their privkeys to make tx's on a new network.

thus leaving the hot-potato pools making blocks that they cant spend..
much like toyota making cars that people wont buy.

hero member
Activity: 770
Merit: 629
March 20, 2017, 01:30:25 AM
#50
but as you say if the market and users dont value it. they just wont use it.
people will just make something else that can be of value.
satoshi did it..

Look, the users will value it if it is called bitcoin.  You see, if you ABSOLUTELY want to ride a Toyota, and the ONLY car Toyota is making, is one with a digital speedometer, while you really want an analogue speedometer, you have the choice between not buying a Toyota, or buying their car with a digital speedometer.  But as long as there is no competition, Toyota will force the digital speedometer onto you.  There's no way you can force them to make cars with analogue speedometers, if digital speedometers are much more lucrative to Toyota.
hero member
Activity: 770
Merit: 629
March 20, 2017, 01:26:40 AM
#49
merchants could for instance see the 2 pools playing hot potato. and instead the nodes decide to let them play hot potato between themselves and orphan and ban them..  the nodes then start solo mining or using their own asics and leaving the 2 hot-potato pools on their own minority network, ignored by all the nodes whereby the pools cant spend funds with those merchants/nodes

So they are miners then.  Not non-mining nodes.  You start to get it.  And BTW, they just introduced an altcoin with a hard fork.

your thinking very 2 dimensional still. please look outside of the box

These empty arguments don't bring in anything.  Whether I think 2 dimensional, fractal, super-real or on a differential manifold doesn't matter I would think Smiley
hero member
Activity: 770
Merit: 629
March 20, 2017, 01:25:22 AM
#48
And nobody NEEDS that node to forward it.  You can get it directly from one of the miners.

then theres no need to use blockchain tech.. if your just API calling a central server..
your really missing the point of bitcoin.. like completely missing the point

I think you are blind to what bitcoin really is or became, and still live in the dream of many, many small mining nodes.

Right now, bitcoin is an affair of 5 majority miners, and 10 miners if you want very large majority.  There are 5 "facebook servers" on bitcoin, essentially.

The number of proxy servers for these 5 facebook servers doesn't matter for the content they put at disposal, that's my point.
legendary
Activity: 4424
Merit: 4794
March 20, 2017, 01:24:48 AM
#47
merchants could for instance see the 2 pools playing hot potato. and instead the nodes decide to let them play hot potato between themselves and orphan and ban them..  the nodes then start solo mining or using their own asics and leaving the 2 hot-potato pools on their own minority network, ignored by all the nodes whereby the pools cant spend funds with those merchants/nodes

So they are miners then.  Not non-mining nodes.  You start to get it.  And BTW, they just introduced an altcoin with a hard fork.


your thinking very 2 dimensional still. please look outside of the box
hero member
Activity: 770
Merit: 629
March 20, 2017, 01:22:41 AM
#46
merchants could for instance see the 2 pools playing hot potato. and instead the nodes decide to let them play hot potato between themselves and orphan and ban them..  the nodes then start solo mining or using their own asics and leaving the 2 hot-potato pools on their own minority network, ignored by all the nodes whereby the pools cant spend funds with those merchants/nodes

So they are miners then.  Not non-mining nodes.  You start to get it.  And BTW, they just introduced an altcoin with a hard fork.
legendary
Activity: 4424
Merit: 4794
March 20, 2017, 01:21:04 AM
#45
And nobody NEEDS that node to forward it.  You can get it directly from one of the miners.

then theres no need to use blockchain tech.. if your just API calling a central server..
your really missing the point of bitcoin.. like completely missing the point

Of course, if nobody is needing the bloc all together, the coin is worthless.  But there is no alternative chain where the coin isn't worthless.   So a USER can decide that he doesn't want this bloc chain,
if no one wants the block then the pool is ignored. nodes then solo mine with each other or start asic pool mining themselves or even using a new algo and start building their own blocks between the nodes.

that he doesn't want these coins (and lose everything he has on it).  But no non-mining node can stop a USER from having that block chain, use his wallet and send out transactions: directly to a miner node if necessary.
part from the user deciding he doesnt like the centralised bank of needing to API data from an only source.. and thus creates his own network..
HMM
not liking a centralised database of value, so goes out and creates his own decentralised network.. that reminds me of someone that in 2008 released a white paper with such a revolutionary concept. and release the first version of his software in january 2009... oh yea.. satoshi

hmm some other guy later on didnt like the idea sha hashing blocks. so in 2011 he made his own.. oh yea coblee.

then there were other altcoins that originated because some people decided they didnt like the original..

If no user values the coins in the market, the miners are making a worthless chain.  

agreed. so usually miners start making something the markets will want

But they make this one and no other one in any case.  And if users want to value coins in the market, they don't need your node forwarding the blocs, they get them directly from the factory (the miners).

but as you say if the market and users dont value it. they just wont use it.
people will just make something else that can be of value.
satoshi did it..
hero member
Activity: 770
Merit: 629
March 20, 2017, 01:07:57 AM
#44
You state that Validator nodes have no power and it is a myth that they have any impact on the network.

Sorry. dinofelis is correct. Non-mining nodes have essentially zero power of enforcement.

When faced with a block, a node has two possibilities. It can accept that block and forward it, or it can consider it an invalid block and not forward it. That is all. What it cannot do is prevent that block from getting to another miner that is perfectly happy to create another block on top of it. If miners are extending the chain, demonstrably accepting those blocks by building other blocks atop them, there is doodly-squat that non-mining nodes can do about it.

apart from consider it an invalid block and not forward it.


And nobody NEEDS that node to forward it.  You can get it directly from one of the miners.

Of course, if nobody is needing the bloc all together, the coin is worthless.  But there is no alternative chain where the coin isn't worthless.   So a USER can decide that he doesn't want this bloc chain, that he doesn't want these coins (and lose everything he has on it).  Or he can decide that he will use the only chain in existence.  But no non-mining node can stop a USER from having that block chain, use his wallet and send out transactions: directly to a miner node if necessary.   A crypto currency is a relationship between miners, making block chain and selling it to users, paying for it in the market.  What non mining nodes may say about this block chain, doesn't really matter.  Of course, what users are wanting to pay for it, does, but they can only use the chain or the chains made by the miners, or decide not to use the coin at all. 

If no user values the coins in the market, the miners are making a worthless chain.  But they make this one and no other one in any case.  And if users want to value coins in the market, they don't need your node forwarding the blocs, they get them directly from the factory (the miners).

So what is your non-forwarding node going to do about that ?
legendary
Activity: 4424
Merit: 4794
March 20, 2017, 12:34:17 AM
#43
You state that Validator nodes have no power and it is a myth that they have any impact on the network.

Sorry. dinofelis is correct. Non-mining nodes have essentially zero power of enforcement.

When faced with a block, a node has two possibilities. It can accept that block and forward it, or it can consider it an invalid block and not forward it. That is all. What it cannot do is prevent that block from getting to another miner that is perfectly happy to create another block on top of it. If miners are extending the chain, demonstrably accepting those blocks by building other blocks atop them, there is doodly-squat that non-mining nodes can do about it.

apart from consider it an invalid block and not forward it.

EG 2 pools right now could play hot-potato agreeing to make blocks that are segwit capable.. but try pushing those out to non-segwit nodes.. and the nodes reject them (hence why core needs the upstream filters inplace to then strip the blocks to make it non-core compatible)

EG 2 pools right now could play hot-potato agreeing to make blocks that are dynamic over 1mb.. try pushing those out to non-dynamic nodes.. and the nodes reject them(hence why node(hard) consensus needs to be achieved where the majority can accept them)

dinofelis's notion is of a centralised network. he doesnt understand the deeper aspects.
EG pools are competing. they will find any rule breaking reason to avoid accepting another pools block for own greed and assurance of healthy data/network

also merchants can be/are nodes. meaning pools become dependant on nodes if they ever want to spend their coins.
..
yes pools can just be 2 pools happily playing hot potato together.. but then thats just a crap coin of 2 users filling their hard drive. they might aswell go to a bank and open a joint bank account if they are only playing with each other. why even use blockchain tech at all if 2 pools are the entire network automatically accepting eachother.

but with thousands of nodes where some are services some are merchants the onus on who self governs what, switches. where by the acceptability of a blocks reward becomes the choice of the nodes. because the nodes are the merchants and services the pools wish to spend the funds with.

merchants could for instance see the 2 pools playing hot potato. and instead the nodes decide to let them play hot potato between themselves and orphan and ban them..  the nodes then start solo mining or using their own asics and leaving the 2 hot-potato pools on their own minority network, ignored by all the nodes whereby the pools cant spend funds with those merchants/nodes

legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
March 20, 2017, 12:23:24 AM
#42
You state that Validator nodes have no power and it is a myth that they have any impact on the network.

Sorry. dinofelis is correct. Non-mining nodes have essentially zero power of enforcement.

When faced with a block, a node has two possibilities. It can accept that block and forward it, or it can consider it an invalid block and not forward it. That is all. What it cannot do is prevent that block from getting to another miner that is perfectly happy to create another block on top of it. If miners are extending the chain, demonstrably accepting those blocks by building other blocks atop them, there is doodly-squat that non-mining nodes can do about it.

Can SegWit's transaction malleability fix be grafted onto BU?

Yes. BU plans a malleability fix. Later, after more pressing problems (e.g., the hard cap on the transaction throughput production quota) are fixed. Whether or not that fix ends up being SegWit is still a matter to be discussed. At this point in time, the other leading proposal would seem to be FlexTrans. But there is nothing endemic to SegWit that prevents it from being ported to BU.

Quote
BU just more or less ignores the fix.

Not ignore, exactly. Just that it is better development practice to not introduce several new major features at the same release.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
March 19, 2017, 06:32:27 PM
#41
Segwit is risky bloatware from a group of profiteering developers whose vision I don't agree with.

legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
March 19, 2017, 04:44:01 PM
#40
With a second layer, all the things I love about bitcoin vanish.

If you control the flow of money, you have power.
Indeed, the second layer is banking.

There are other second layer techniques like two-way-pegged sidechains (see Rootstock for an example) that are not censurable. They would preserve the actual transaction paradigm ("users sign a TX and get it included in a blockchain by miners"), only that the blockchain would not be the main blockchain but a secondary blockchain pegged to Bitcoin.

There are still challenges for sidechains (above all, the incentive system to ensure security) and the 2-way-peg needs additional Bitcoin measures, as far as I understand it. But I don't think it's impossible. For example, you could design an altcoin with a "bitcoin-pegged token" and a "mining token", and distribute the mining token to miners, while the pegged token would have a fixed supply. That design could work with Segwit and atomic cross-chain trading (ACCT is no science fiction, as it has already implemented in some small altcoins).
member
Activity: 132
Merit: 12
March 19, 2017, 04:30:22 PM
#39
Love the idea of presenting forum-postings in the form of a graphic novel! In any case, I did a search on this page for "malleability" and found nothing. Can SegWit's transaction malleability fix be grafted onto BU? I have no idea if it can, but my impression is that it can't and that BU just more or less ignores the fix.


legendary
Activity: 1092
Merit: 1001
March 19, 2017, 04:02:01 PM
#38
You fail because you are trying to make points that are not valid to real world situations.
If a single miner did come about, than Bitcoin is done and everyone goes to a new coin.
So this example is worthless.
I hope you see all the contradictions in your attempt at argument.  The single miner was YOUR example to demonstrate that decentralization came from the nodes, not from the miners.  I took your premise to show you how that argument was totally flawed.  Now you start saying that it is not "real world".  No, but it is the perfect illustration of what I was saying: centralisation is mining centralization.

Now, you even admit that in your perfectly decentralized network with one miner, bitcoin would be dead.  So you just admitted the point for which you called me a moron.  

What you stated in your first post, is not what I stated.
You are stating that nodes that do not mine have no significance.

Yes that is what I'm stating.  There are a few cases, when there are network connection problems, where these nodes do play a small role, but that's it.

It is amazing how much this myth that node count has some significance in a Proof of Work system to COUNTER node count influence, is living on.  I think it is because if people would acknowledge that in a proof of work system, the votes are with hash rate, they would see the obvious centralization going on in bitcoin.  So one continues to spread this silly idea that node count has any "voting" meaning, while proof of work was explicitly introduced to counter that.

BTW "consensus by proof of work" was defined when miners and validators will a single entity.
Your definition of it, stop apply to Bitcoin when GPUs and ASICs came about.
No.  Your IDEA that consensus was "the majority of the community" was equivalent to "consensus of proof of work" stopped being valid at that point, and what remained was "proof of work" and NOT "majority of community".  In other words, the failed attempt of Satoshi to use "proof of work" as a means of "consensus of community" is what you are talking about, but what effectively is valid, is proof of work.  And if the proof of work is centralized, everything is centralized, and the rest doesn't matter.  The non-mining nodes don't matter.  They are simply proxy servers of the chain made by the miners, nothing more.

I disagree entirely.

If you are correct, clients like BU would not have needed to be created.
The fact that they were designed to do what they do, proves you incorrect.

On the contrary.  BU or any other software would of course be needed BY MINER NODES to have NOT the segwit software that would activate segwit automatically if signalling to one another.  In fact, JUST ANY form of software that is not segwit signalling would be needed, and that sticks to the old protocol.  What Joe Sixpack runs on his PC without mining, nobody cares.  Apart from the fact that one doesn't want to piss off Joe Sixpack so much, that he doesn't want to buy new miner coins any more at high price.

Quote
Your whole argument and premise is based on a twisting of reality.
At one point you say second layers are bad because of centralizing nature.
and just now you are saying miners are already centralized today. LOol.

Yes, miners are already quite centralized, but not entirely.  There is not yet a SINGLE mining pool, or sufficient COLLUDING mining pools under the leadership of a cartel.  Bitcoin is an oligarchy of about 10 deciders.  Not yet a kingdom with one decider.  LN will be the same, or worse.  

Centralization is unavoidable when there needs to be done an effort to obtain rewards, by economies of scale.  With mining, those economies have been at work and have established an oligarchy, but as long as these oligarchs dispute, we can consider it still a little bit "decentralized".   LN has almost PROPORTIONAL economies of scale wrt the invested collateral.  It will centralize way, way faster.


You have misunderstood almost everything I have stated.

Very simply, today there are mining nodes and validator nodes. (Satoshi did not anticipate this originally.)
Mining nodes perform "proof of work". Validator nodes perform "consensus compliance".
If a miner node creates a block or action that is outside the current rules, the validator nodes
will reject that block and deem it invalid. If there are enough "honest" validator nodes, a
majority of the node network will fully reject that invalid block and that miner will lose their incentives.
The validators not only validate whether txs are valid but also if the blocks are valid.
Validator nodes are the last check against miner nodes changing the Bitcoin protocol on whims.
Without validator nodes, miners could have hardforked long ago.

You state that Validator nodes have no power and it is a myth that they have any impact on the network.
My above paragraph is simply stated as to why you are wrong. Everything you are talking about as to
miner centralization and node voting is irrelevant to what I was originally talking about.

If you were correct in your opinion that validators are a myth, then a blocksize increase would have
occurred in 2011-2012. Miners do not do, what you say that can do, because if they did, they would
leave the whole network and economy behind, which only hurts themselves. Miners currently understand
that the node network and economies are as important as them and this is why BU was created, it was
done so to bring the node network with them when they hardfork. If your premise and argument was
correct, we would not be discussing this topic. This topic only exists because your opinion is incorrect.

A decentralized free and "honest" validator node network, is that last check against "malicious" or
"centralized" miners. If and when this aspect is removed, then what you are saying is true, but then
Bitcoin has fully failed, and if fully failed, why bother continue with this system? We are forced to start
a new one with new lessons learned.

Edit: So in conclusion, IMO BU will increase the rate that decentralized validators become centralized.
It may even be possible that in worst case scenario, within 1.5 years decentralized validator nodes become
extinct and need to be centralized under companies that are controlled and governed by rules and laws in
which they reside. So, IMO BU will help governments take direct control of protocol aspects within a very short
amount of time.
hero member
Activity: 770
Merit: 629
March 19, 2017, 06:31:36 AM
#37
You fail because you are trying to make points that are not valid to real world situations.
If a single miner did come about, than Bitcoin is done and everyone goes to a new coin.
So this example is worthless.
I hope you see all the contradictions in your attempt at argument.  The single miner was YOUR example to demonstrate that decentralization came from the nodes, not from the miners.  I took your premise to show you how that argument was totally flawed.  Now you start saying that it is not "real world".  No, but it is the perfect illustration of what I was saying: centralisation is mining centralization.

Now, you even admit that in your perfectly decentralized network with one miner, bitcoin would be dead.  So you just admitted the point for which you called me a moron.  

What you stated in your first post, is not what I stated.
You are stating that nodes that do not mine have no significance.

Yes that is what I'm stating.  There are a few cases, when there are network connection problems, where these nodes do play a small role, but that's it.

It is amazing how much this myth that node count has some significance in a Proof of Work system to COUNTER node count influence, is living on.  I think it is because if people would acknowledge that in a proof of work system, the votes are with hash rate, they would see the obvious centralization going on in bitcoin.  So one continues to spread this silly idea that node count has any "voting" meaning, while proof of work was explicitly introduced to counter that.

BTW "consensus by proof of work" was defined when miners and validators will a single entity.
Your definition of it, stop apply to Bitcoin when GPUs and ASICs came about.
No.  Your IDEA that consensus was "the majority of the community" was equivalent to "consensus of proof of work" stopped being valid at that point, and what remained was "proof of work" and NOT "majority of community".  In other words, the failed attempt of Satoshi to use "proof of work" as a means of "consensus of community" is what you are talking about, but what effectively is valid, is proof of work.  And if the proof of work is centralized, everything is centralized, and the rest doesn't matter.  The non-mining nodes don't matter.  They are simply proxy servers of the chain made by the miners, nothing more.

I disagree entirely.

If you are correct, clients like BU would not have needed to be created.
The fact that they were designed to do what they do, proves you incorrect.

On the contrary.  BU or any other software would of course be needed BY MINER NODES to have NOT the segwit software that would activate segwit automatically if signalling to one another.  In fact, JUST ANY form of software that is not segwit signalling would be needed, and that sticks to the old protocol.  What Joe Sixpack runs on his PC without mining, nobody cares.  Apart from the fact that one doesn't want to piss off Joe Sixpack so much, that he doesn't want to buy new miner coins any more at high price.

Quote
Your whole argument and premise is based on a twisting of reality.
At one point you say second layers are bad because of centralizing nature.
and just now you are saying miners are already centralized today. LOol.

Yes, miners are already quite centralized, but not entirely.  There is not yet a SINGLE mining pool, or sufficient COLLUDING mining pools under the leadership of a cartel.  Bitcoin is an oligarchy of about 10 deciders.  Not yet a kingdom with one decider.  LN will be the same, or worse.  

Centralization is unavoidable when there needs to be done an effort to obtain rewards, by economies of scale.  With mining, those economies have been at work and have established an oligarchy, but as long as these oligarchs dispute, we can consider it still a little bit "decentralized".   LN has almost PROPORTIONAL economies of scale wrt the invested collateral.  It will centralize way, way faster.
newbie
Activity: 30
Merit: 0
March 19, 2017, 05:46:10 AM
#36

I am not an expert on this things but in my opinion when we talk about codes there are several things to consider. The reason why core developer does not accept Bitcoin Unlimited its because it runs on hard fork and it is going away from the original form of bitcoin. Bitcoin Unlimited does not want to accept Segwit since they dont see the code fit to run and replace the current code.
I guess it is not about code or technics. It is about power and money.
The obvious difficulties bitcoin has with too many transactions are a welcome argument for brutal measures -- with subsequent accumulation of power. You know, "populism"...
hero member
Activity: 798
Merit: 506
March 19, 2017, 05:42:40 AM
#35
SegWit has already block size increase. But Jihan and Ver and their chinese miners puppets just want to control bitcoin not to increase block size. There's no possible compromise, no more debate we should just ignore and discard them and procede with UASF.
 Bitcoin future is at stake and if Bitcoin fails all alts will follow, people wont believe in crypto
Yes, SegWit will increase the block size that acceptable for us as we've been told that if block size increase than a transaction could proceed faster. For me, whether SegWit or BU is not a problem if it can going as the way of bitcoin, still has same basic technology.
However, I don't think bitcoin will fail as majority vote will support it.
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