Topic: Do run a Bitcoin Core FULL NODE Now! - page 2. (Read 8524 times)

Wouldn't that be done by after the fork, transacting on the traditional Bitcoin chain? Actual transactions are what miners process. With reasonable delays and consideration for issues and dangers of replay exploits of course.

...We must do something, must support the Bitcoin by all available means

I think you misunderstand what running a node does. It helps to verify transactions, which was important at the start of the blockchain being mined. It's also important around forks (for like an hour). If you read the original bitcoin whitepaper you will understand better how it works.

The way to achieve the goal you are after is by mining...and mining enough that you actually have control. Lots of little miners can keep control, but not very well. The big miners will always be able to control better.

I think you misunderstand what running a node does. It helps to verify transactions, which was important at the start of the blockchain being mined. It's also important around forks (for like an hour). If you read the original bitcoin whitepaper you will understand better how it works.

The way to achieve the goal you are after is by mining...and mining enough that you actually have control. Lots of little miners can keep control, but not very well. The big miners will always be able to control better.

Then there is the prescient, great Zhou Tonged.

Look at this from 2013. He said it all.

https://www.youtube.com/watch?v=pID03RrmKow

Great! Thank you very much! 

..
https://www.youtube.com/watch?v=zEQ2nPSL5-0

I would also like to dedicate this song to the great American freedom fighter and songwriter, Mr. Pete Singer. May he rest in peace. I would also like to dedicate this song to Andreas Antonapolis for his words of wisdom and hope for us all

Now climb aboard you all, 
this train is bound for glory
And there’s plenty of room for all.

Now satoshi Nakamoto,
that’s the name I love to say
And  we don’t know much about him
But he came to save the day.

When he wrote about the way things are
 and the way things ought to be
He gave us all a protocal
This world had never seen.

Oh bitcoin,
as your going into the old block chain
Oh bitcoin, I know your going to reign -
gonna reign

Till everybody knows
everybody knows
Till everybody knows your name.

Down the road it will be told
About the death of old Mt. Gox
About traders trading altercoins
And miners mining blocks.

But those good old boys back in Illinois
and down to Tennessee
They didn’t care to be a millionaire
They just wanted to be free.

Oh bitcoin
As your going into the old blockchain
Oh bitcoin - I know your going to reign
Gonna reign.

Till everybody knows
everybody knows
Till everybody knows your name.

From the ghettos of Calcutta
to the halls of Parliament
Well the bankers count our money out
for every government.

Oh Bitcoin flies on thru the skies of virtuality
A promise to deliver us
From age old tyranny.

Oh bit coin
as you go into the old block chain
Oh bitcoin
I know your going to reign
going to reign

Till everybody knows
everybody knows
Till everybody knows your name

Till everybody knows
everybody knows
Till everybody knows
(Give me some exposure)
Everybody knows your name

oh lord, pass me some more
Before I have to go
oh lord, pass me some more
oh lord, before I have to go

Thank you East Nashville
You all be good to each other you hear

i used to run core, but im worried about the 2x fork and what that means

will the 2x take over existing BTC chain? or will there be separate chain for the 2x fork?

This song is not available with text lyrics, but if you want it I'll provide.

Great song, thanks   
(I did not understand all the words, yet I caught the general meaning 

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https://www.youtube.com/watch?v=zEQ2nPSL5-0

I'll repeat, Lord, Bless the Bitcoin!
For me, it symbolizes true freedom, independence and hope to finally get out of poverty!
Since, personally, I live in a poverty-stricken, totalitarian country where the standard of living is extremely low, corruption is rampant, and the evil state strangles citizens with taxes, fees and bans

That's an important consideration as well, though.  It probably tips the scales in favour of the current chain, meaning that even though 2x might end up with more miner support initially, it almost certainly won't have as much business and economic support.  As I said, this isn't just about what some miners are doing, it's about what everyone participating in the Bitcoin network does.  It's about which chain provides the most incentive to actually use.

As an example, if loads of payment processors, merchants and other businesses end up deciding to not support 2x, then 2x probably won't provide enough incentive for the average user to transact.  Users want to be able to spend their coins and they can't do that if most companies won't accept them as payment.  If users aren't transacting on the 2x chain, then as a result, miners will earn more fees on the current chain, so they'd go back to that and forget about 2x.
..

as https://coin.dance/poli is showing now for example if I understand it right (I looked not into the right page, sorry, see my next post)

An attacker (let's call this Government A) bribes miners into mining at a loss, the chain of a fork, in order to push this fork as "the real Bitcoin on all major exchanges, which are also bribed by Government A, such as Coinbase et al. These miners seem to be mining a less valuable coin, but they are making more money doing so by accepting the bribes.

This is an attack on bitcoin, and this will explain when you see any miners mining segwit2x at a loss in the following weeks.

That's actually a really interesting way to look at it. And it could very well be true. But how can we counter this? Should we all start running nodes that support core and reject blocks that were mined by miners with the 2x software? Would this help? Because large companies have stated they will support the chain with the most hashing power.

I've pretty much always had a full node since 2011. As well as talk about it everywhere heh. Grind the bitcoin cash for my friends who had no clue how.

I've been lazy lately but I'll make an effort.

Just went online with a full node on my Xeon 24/24 server hosting my company domain name, port forwarded obviously.

I'll copy the blockchain and have it run on a few other machine soonish as well. Using another IP and still port forwarded.

It would be easy to maintain only 1 address in a cold storaged wallet, but this is very bad advice when it comes to maintaining privacy.

Ruling out Electrum, I would need to keep that 1-address wallet.dat file from Bitcoin Core. So everytime I send coins to my cold storage, they all would end up in a single address, which means it could be analized to find out how much BTC you own. You have to avoid this. You don't want a lot of BTC showing up on these "rich addresses" things (I don't have as much by any means, but it is still a mistake to do that privacy wise).

Also if you delete Bitcoin Core you couldn't test if your wallet.dat has been corrupted or not (files can corrupt over time).