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Topic: BUgcoin strikes back - page 6. (Read 6618 times)

legendary
Activity: 1120
Merit: 1010
March 23, 2017, 01:36:10 AM
#44
Why else do you think 40% (and growing) of miners are supporting BU , DESPITE all the bugs?

The only miners are pool operators. They employ hash rate providers, who are generally only interested in short term profits. Hash rate providers have proven over and over again that they care nothing for the health of the network (neither do miners, for the most part).

So, 40% of twenty guys are signaling BU. Those miners apparently want more control than they already have.

They either don't realize they are cutting off their nose to spite their face, or they are playing the long game and trying to drive their competition out of the market. I'm not sure which.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
March 23, 2017, 01:34:34 AM
#43
BU is buggy right now.  Growing pains.  They need more mature process.

Guess what -- I still prefer it to Core.  Who cares how robust Core is when they want to change Bitcoin into something that's not even p2p electronic cash anymore.

Dude you can't be honestly still saying this is a good idea, a fucking closed source patch on what is supposed to replace Bitcoin? You have to be kidding me.

im sure its just a temporary patch and the fix will be open sourced soon


If it isn't temporary would that sway your opinion or would you stay loyal to the BU fork?

Code has to be open sourced, sure.  



Oh, Cmon man. Just admit that you were backing the wrong horse and be done with it. It is one thing standing up for principle and another losing everything because of it. The only reason why someone would openly support this crap, would be because they are paid shills or if they have no money invested in this and are just trolling.

I admit, Bitcoin Core is not the perfect solution, but it is way better than BU at this stage. ^hmmmmmm^

Not the perfect solution?  ANYTHING is better than Blockstream controlled Core.  Why else do you think 40% (and growing) of miners
are supporting BU , DESPITE all the bugs?

That said, I would back this:  
https://bitcoinec.info/

I don't like segwit, but I would compromise.




How many of that 40% are 2 or 3 big mining pools? You have to put yourself in their shoes for a moment. Someone is spamming the network with useless tx's and this is causing congestion. So what happens next? People start paying higher fees to get their tx's confirmed. The miners get these higher fees and smile all the way to the bank.

The longer they can draw this whole process out, the longer they get these higher fees.

SegWit and LN would eliminate these scenarios and this is why they are not supporting it. The BU solution is only a temporary fix and before we know it, we might end up with the same situations where fees are artificially pushed higher with "fake" congestion.

Would you not want to delay the process and keep the backdoor open for these situations to repeat in the future?
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 23, 2017, 01:15:46 AM
#42
BU is buggy right now.  Growing pains.  They need more mature process.

Guess what -- I still prefer it to Core.  Who cares how robust Core is when they want to change Bitcoin into something that's not even p2p electronic cash anymore.

Dude you can't be honestly still saying this is a good idea, a fucking closed source patch on what is supposed to replace Bitcoin? You have to be kidding me.

im sure its just a temporary patch and the fix will be open sourced soon


If it isn't temporary would that sway your opinion or would you stay loyal to the BU fork?

Code has to be open sourced, sure.   



Oh, Cmon man. Just admit that you were backing the wrong horse and be done with it. It is one thing standing up for principle and another losing everything because of it. The only reason why someone would openly support this crap, would be because they are paid shills or if they have no money invested in this and are just trolling.

I admit, Bitcoin Core is not the perfect solution, but it is way better than BU at this stage. ^hmmmmmm^

Not the perfect solution?  ANYTHING is better than Blockstream controlled Core.  Why else do you think 40% (and growing) of miners
are supporting BU , DESPITE all the bugs?

That said, I would back this: 
https://bitcoinec.info/

I don't like segwit, but I would compromise.


legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
March 23, 2017, 01:02:29 AM
#41
How are these people supposed to create a legitimate running hard fork!? If we fork I'm selling all of my BTU for BTC.
Bitcoin is open source so anybody can play with its code and can create their own software, same goes for developers behind this Bugcoin (BTU). Actually there are many other alternative bitcoin clients developed by different developers but they need to be accepted by both node operators and bitcoin miners to reach consensus.

Recently this BTU (unlimited) have been in buzz because many miners have started to support them but it looks like their client is still not ready for adoption proved by all this repeating bugs.
legendary
Activity: 3458
Merit: 1960
Leading Crypto Sports Betting & Casino Platform
March 23, 2017, 01:01:09 AM
#40
. I dont trust BU dev they're not skillled enough.
 

and yet miners are choosing their software over Core anyway.  What does that tell you?

It tells us that miners puts their profits above the good of Bitcoin, which was not originally what Satoshi planned for this. He had hoped that the majority of miners would do the right thing, because they would realize that doing good, will protect the technology and the value of a bitcoin.

Unfortunately the centralization in mining cartels are bigger than what most of us anticipated, so the "bad" miners are more than the "good" miners at this moment. ^grrrrrrrr^
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 22, 2017, 11:31:15 PM
#39
. I dont trust BU dev they're not skillled enough.
 

and yet miners are choosing their software over Core anyway.  What does that tell you?
legendary
Activity: 3446
Merit: 4415
March 22, 2017, 11:29:45 PM
#38
If i compare Core's code with BU then we shoud have Segwit asap. I dont trust BU dev they're not skillled enough.

I excpect more problems in the foreseeable future, kinda retarded from BU camp.
legendary
Activity: 2898
Merit: 1823
March 22, 2017, 10:50:52 PM
#37
calm down guys... the source code was published this morning.
 

That is good news. Let us hope for the future the network the BU developers do a good job. Whoever wins, wins and hopefully the community will come together again. The losing side should suck it
up and accept defeat'peacefully.
legendary
Activity: 2534
Merit: 1338
March 22, 2017, 09:53:47 PM
#36
It is impressive that this has happened once again, let them hard fork and end this soap opera now, lets see who survives and who comes begging for forgiveness.
member
Activity: 77
Merit: 10
March 22, 2017, 04:25:21 PM
#35
Guys i m new. I posted that picture yesterday. So the nodes really suffered another attack or happened some kind of problem? Also i noticed today that the hashrate reduced almost 3% on unlimited.

Why ppl want to adopt this bugcoin?? I dont get...

Well, they are either too brainwashed to see the problem or they have some ulterior motive for doing this. I can see why some miners are supporting

this, because they might think that they would lose out on tx fees.... The main problem is the "politics" behind this... You have to make the decision if

you "trust" either of the sides of this battle. {Who will be the most capable to secure your coins}  Judge their code....

Luckily this will never be the end... there will always be "counter" proposals on the table.  Roll Eyes  

Well in my point of view, i am really an amateur on mining and dev stuff, but I can see almost everyone is supporting the Original BITCOIN..

I just don't get how people support BU if it is showing that they are amateurs playing with people money around, its like send your kid to disneyland with 20 billion dollars and say: hey my son you can do what you want with this money, i dont care, .......

I am trying to understand more and more about this BU thing and supporters becouse I have a lot of friends that have made investments in Bitcoin and they are like me, they don't understand what is going on.. And I don't want them selling their coins like a lot of people is doing right now becouse they are scared...
sr. member
Activity: 246
Merit: 250
March 22, 2017, 04:17:30 PM
#34
Jonny... it's time for you to get out of the BU boiling pot.
i dont hold allegiance but its got the most traction to break core's tyranny right now.
I also like the idea of removing the blocksize from the protocol rules.
I can understand your point that block size should be increased as there are more transactions right now and the core has to competent enough to increase according to the situation,but removing the block size entirely is not the solution and BU cannot be trusted to run a billion dollars worth of asset .
newbie
Activity: 51
Merit: 0
March 22, 2017, 02:11:39 PM
#33
How are these people supposed to create a legitimate running hard fork!? If we fork I'm selling all of my BTU for BTC.
legendary
Activity: 3430
Merit: 3071
March 22, 2017, 02:08:54 PM
#32
thank god you're here to do my thinking for me. 

someone's gotta do it jonald Smiley
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 22, 2017, 02:05:01 PM
#31

If you're truly devoted to your notion that "core's tyranny" must be broken, then you have only one option to you available right now:  sell everything and leave Bitcoin forever.
 

thank god you're here to do my thinking for me. 
sr. member
Activity: 314
Merit: 251
March 22, 2017, 01:07:02 PM
#30

Jonny... it's time for you to get out of the BU boiling pot.



i dont hold allegiance but its got the most traction to break core's tyranny right now.
I also like the idea of removing the blocksize from the protocol rules.

If you're truly devoted to your notion that "core's tyranny" must be broken, then you have only one option to you available right now:  sell everything and leave Bitcoin forever.

Because core IS Bitcoin.  Every dev, user, exchange, miner collectively decide what Bitcoin is, and today, very few are deciding that BU is Bitcoin.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 22, 2017, 12:53:12 PM
#29

Jonny... it's time for you to get out of the BU boiling pot.



i dont hold allegiance but its got the most traction to break core's tyranny right now.
I also like the idea of removing the blocksize from the protocol rules.
sr. member
Activity: 476
Merit: 501
March 22, 2017, 12:50:35 PM
#28
and what about next time?

It will be called "The Return of the BUg coin!"
legendary
Activity: 1063
Merit: 1048
sr. member
Activity: 314
Merit: 251
March 22, 2017, 12:47:40 PM
#26
calm down guys... the source code was published this morning.
 

and what about next time?  Maybe it will take a week to get the source. And after that? A month, and then maybe never, and you are running proprietary close software because....

boiled like a frog who didn't pay attention to the temperature.

Jonny... it's time for you to get out of the BU boiling pot.

legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
March 22, 2017, 11:57:47 AM
#25
calm down guys... the source code was published this morning.
 
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