Topic: Crypto-Community Debates Bitcoin Core Bug and a ‘Forced Upgrade’ (Read 165 times)
I think the critical bug has been fixed and we won't see any more vulnerabilities.
September 22, 2018, 10:20:48 AM
problem
core + distribution NOT = decentralised consensus
solution
diverse variations + distribution = decentralisated consensus
in short core being the "reference". the "core" the "center" the "main" the "only" is the fault
we ned to get back to diverse code bases of different teams all working to consensus and using consensus as is meant to be used, its been less than 18 months and already core devs have screamed that people need to "mandatory upgrade or else" twice
core fans believes in apartheid distribution (dont like it get off the network)
true bitcoiners believe in diverse decentralisation(all are welcome to move freely)
the two concepts are different
P,S
84,000 is their defence that it will never happen?
..
i laugh.
pools do not get 84,000 for every 10 minutes of work they do
there are 20+ pools ALWAYS working non stop. they all do not get 12.5btc every 10 minutes only 1 pool per 10 minutes gets 12.5
meaning 19 other pools attempt to create blocks but dont get a reward.
so there are 19 pools that know that there is more then a 95% chance they wont get a reward for their efforts anyway but they still try making blocks.
so there is a 95% chance that a pool could say "F**K it im not getting a reward anyway, lets remote DDoS core nodes
saing $84k is a reason not to do it is not a good reason/excuse for people to relax. because 95% of pools do not get $84k for 10 minutes of work anyway. but they still work
core + distribution NOT = decentralised consensus
solution
diverse variations + distribution = decentralisated consensus
in short core being the "reference". the "core" the "center" the "main" the "only" is the fault
we ned to get back to diverse code bases of different teams all working to consensus and using consensus as is meant to be used, its been less than 18 months and already core devs have screamed that people need to "mandatory upgrade or else" twice
core fans believes in apartheid distribution (dont like it get off the network)
true bitcoiners believe in diverse decentralisation(all are welcome to move freely)
the two concepts are different
P,S
84,000 is their defence that it will never happen?
..
i laugh.
pools do not get 84,000 for every 10 minutes of work they do
there are 20+ pools ALWAYS working non stop. they all do not get 12.5btc every 10 minutes only 1 pool per 10 minutes gets 12.5
meaning 19 other pools attempt to create blocks but dont get a reward.
so there are 19 pools that know that there is more then a 95% chance they wont get a reward for their efforts anyway but they still try making blocks.
so there is a 95% chance that a pool could say "F**K it im not getting a reward anyway, lets remote DDoS core nodes
saing $84k is a reason not to do it is not a good reason/excuse for people to relax. because 95% of pools do not get $84k for 10 minutes of work anyway. but they still work
September 22, 2018, 10:12:48 AM
This week the cryptocurrency community has been discussing and dealing with the critical vulnerability that was found in the Bitcoin Core (BTC) reference client. Many observers are calling the bug one of the worst issues BTC has had in years, comparing the exploit to the March 2013 mandatory hard fork. In fact, in the eyes of many, the network is still vulnerable to massive inflation from an attack that costs a mere 12.5 BTC ($83,000).
Source:
https://news.bitcoin.com/crypto-comm...orced-upgrade/
Source:
https://news.bitcoin.com/crypto-comm...orced-upgrade/
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