Do you think Bitcoin should modify to POW + POS ? █████ Poll █████ - page 7.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: onemorebtc on January 06, 2015, 10:47:22 AM

Quote from: kokojie on January 06, 2015, 10:39:12 AM

Quote from: Flashman on January 06, 2015, 10:25:12 AM

So successful in fact that you resist moving to them and troll BITCOINtalk with incessant pleas to be just like them.

lol, you are the one trolling, since this poll shows at least 50% people agrees with me and vote YES.

The NO votes are probably all miner shills like you, since they have to protect their mining interest. The YES votes don't need to protect any interest, but are truly people asking for change in Bitcoin.

i voted no and i stopped mining a looong time ago.
i just dont think any pos system offers the same security as pow does.
and i like to keep my money secure..

if you store your gold open in your garden please dont force me to do the same because i prefer to use power to secure mine

Just the opposite, PoW is really lacking in security, PoS offers hundreds time better security. PoW altcoins are a joke to attack and kill. No PoS altcoin has fallen to attacks yet.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: kokojie on January 06, 2015, 10:45:27 AM

Of course it is, I owned Bitcoin since April 2011, it wouldn't be a drastic move to move my entire Bitcoin stake into an altcoin? don't be ridiculous. Pushing for change in Bitcoin is a much more sensible move for Bitcoin stakeholders. Though for you mining shill, moving to PoS it's a disaster of course, you can no longer leech value out of Bitcoin.

So your position is that PoS is proven, but not actually proven enough that YOUR money should be at risk?

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: inBitweTrust on January 06, 2015, 10:46:22 AM

Quote from: kokojie on January 06, 2015, 10:35:11 AM

Again, when there's a leech on my leg, I kill the leech, instead of cutting off my leg. So as a stakeholder of Bitcoin, I will try to kill the Bitcoin leech, instead off cutting off my Bitcoin stake.

2 points :

1) You seem incapable to empathize with the arguments from others that PoW offers different and possibly better security benefits than PoS/DPoS
2) Using your analogy you are indeed cutting off the leg or at least taking a chunk of meat out with your approach to changing Bitcoin

You appear to me as someone who doesn't have much experience working on open source projects where people voluntarily contribute code. Unless you are the project coordinator or cheif github maintainer that has been earned through years of contributions in code you have no place to be making the demands you are making.

If you truly want bitcoin to change consensus mechanisms than you either need to start contributing to the open source repo and interacting with devs in a positive way or indirectly by hiring or befriending the devs directly.

whining on a web forum is not going to produce results and may even be counter productive.

Don't be ridiculous, only developers can influence change in Bitcoin? All the non-coding Bitcoin community can just shut up then?

onemorebtc

sr. member

Activity: 266

Merit: 250

Quote from: kokojie on January 06, 2015, 10:39:12 AM

Quote from: Flashman on January 06, 2015, 10:25:12 AM

So successful in fact that you resist moving to them and troll BITCOINtalk with incessant pleas to be just like them.

lol, you are the one trolling, since this poll shows at least 50% people agrees with me and vote YES.

The NO votes are probably all miner shills like you, since they have to protect their mining interest. The YES votes don't need to protect any interest, but are truly people asking for change in Bitcoin.

i voted no and i stopped mining a looong time ago.
i just dont think any pos system offers the same security as pow does.
and i like to keep my money secure..

if you store your gold open in your garden please dont force me to do the same because i prefer to use power to secure mine

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: kokojie on January 06, 2015, 10:35:11 AM

Again, when there's a leech on my leg, I kill the leech, instead of cutting off my leg. So as a stakeholder of Bitcoin, I will try to kill the Bitcoin leech, instead off cutting off my Bitcoin stake.

2 points :

1) You seem incapable to empathize with the arguments from others that PoW offers different and possibly better security benefits than PoS/DPoS
2) Using your analogy you are indeed cutting off the leg or at least taking a chunk of meat out with your approach to changing Bitcoin

You appear to me as someone who doesn't have much experience working on open source projects where people voluntarily contribute code. Unless you are the project coordinator or cheif github maintainer that has been earned through years of contributions in code you have no place to be making the demands you are making.

If you truly want bitcoin to change consensus mechanisms than you either need to start contributing to the open source repo and interacting with devs in a positive way or indirectly by hiring or befriending the devs directly.

whining on a web forum is not going to produce results and may even be counter productive.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: ?? on ??

I NO voted because it could be an issue with forking, we don't want two versions of bitcoin floating about.

Yah, I don't know why I'm bothering to argue really, I would be quite happy to instantly dump my coin in the PoS fork and double down on the PoW fork.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: Flashman on January 06, 2015, 10:43:39 AM

Quote from: kokojie on January 06, 2015, 10:35:11 AM

Again, when there's a leech on my leg, I kill the leech, instead of cutting off my leg. So as a stakeholder of Bitcoin, I will try to kill the Bitcoin leech, instead off cutting off my Bitcoin stake.

So you are afraid of the current PoS currencies? Moving your wealth into them is as drastically equivalent to cutting off your leg? Why would that be?

Of course it is, I owned Bitcoin since April 2011, it wouldn't be a drastic move to move my entire Bitcoin stake into an altcoin? don't be ridiculous. Pushing for change in Bitcoin is a much more sensible move for Bitcoin stakeholders. Though for you mining shill, moving to PoS it's a disaster of course, you can no longer leech value out of Bitcoin.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: ?? on ??

Quote from: kokojie on January 06, 2015, 10:39:12 AM

Quote from: Flashman on January 06, 2015, 10:25:12 AM

So successful in fact that you resist moving to them and troll BITCOINtalk with incessant pleas to be just like them.

lol, you are the one trolling, since this poll shows at least 50% people agrees with me and vote YES.

The NO votes are probably all miner shills like you, since they have to protect their mining interest. The YES votes don't need to protect any interest, but are truly people asking for change in Bitcoin.

I NO voted because it could be an issue with forking, we don't want two versions of bitcoin floating about.

Forking is a non-issue, Bitcoin has had multiple hard forks in the past. The community will choose the fork that are released and checkpointed by the core devs always.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: kokojie on January 06, 2015, 10:35:11 AM

Again, when there's a leech on my leg, I kill the leech, instead of cutting off my leg. So as a stakeholder of Bitcoin, I will try to kill the Bitcoin leech, instead off cutting off my Bitcoin stake.

So you are afraid of the current PoS currencies? Moving your wealth into them is as drastically equivalent to cutting off your leg? Why would that be?

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

This is a ridiculous idea. Let Bitcoin sink or swim as it exists now. Don't try to fix it. If it succeeds, we all own some and will profit. If it starts to fail we can always trade our btc for its successor. At this point, I don't even want it fixed. I think multiple coins may be necessary to do everything people want to do, one for anynomity, one for large international funds transfer, one for micropayments/tipping, and so on. The one that ends up being the most secure will end up taking the large dollar amount transfer business. Bitcoin can keep micropayments/tipping. Darkcoin may end up being the winner for privacy.

Daedelus

hero member

Activity: 574

Merit: 500

Quote from: jonald_fyookball on January 06, 2015, 10:37:19 AM

The thing is that while PoS systems may be working in practice on a small scale right now, the security experts are all claiming that poS really does not provide distributed consensus and one can see this for themselves.

Sources?

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: Flashman on January 06, 2015, 10:25:12 AM

So successful in fact that you resist moving to them and troll BITCOINtalk with incessant pleas to be just like them.

lol, you are the one trolling, since this poll shows at least 50% people agrees with me and vote YES.

The NO votes are probably all miner shills like you, since they have to protect their mining interest. The YES votes don't need to protect any interest, but are truly people asking for change in Bitcoin.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: kokojie on January 06, 2015, 10:23:07 AM

Quote from: Flashman on January 06, 2015, 10:15:28 AM

Whoop de woo, a full node, like I haven't been doing that since I started.

I am voluntarily participating in bitcoin as it was designed to work, shame on me.

PoW mining was useful for a time, since there wasn't yet any successful PoS systems running.

But now that time has passed, many PoS systems successfully running. No reason to keep buying VHS tapes, when Netflix streaming is available.

The thing is that while PoS systems may be working in practice on a small scale right now, the security experts are all claiming that poS really does not provide distributed consensus and one can see this for themselves.

I myself am open minded and would open to poW +poS if viable.

But why are you so against PoW and mining?

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

Quote from: calaber24p on January 06, 2015, 10:33:31 AM

My problem with POW is mining centralization.

Apart from the inconvenient fact of it not actually happening, this...

https://blockchain.info/pools

Is looking more decentralised than it has for 2 years or so.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: inBitweTrust on January 06, 2015, 10:25:20 AM

Quote from: kokojie on January 06, 2015, 10:01:58 AM

Quote from: Flashman on January 06, 2015, 09:59:42 AM

What? I've been a part of keeping bitcoin running the last 2 years and I'm the shill? What have you done for bitcoin lately?

PoW mining is NOT NEEDED to keep Bitcoin running, it's a waste and leech, its only purpose is extracting value out of Bitcoin.

I run a Bitcoin promotional website, and also run a Bitcoin full node. See my god damn signature.

Your coming off extremely judgmental and like you have a sense of entitlement to how Bitcoin should be designed and anything that isn't going your way is a "waste and leach" towards your vision of bitcoin.

Bitcoin was designed around PoW, perhaps it will change , perhaps not, but you have no place calling people shills or leaches when talking about them simply fulfilling Satoshi's design protocol.

Bitcoin is voluntary, and no one is imposing it upon you, like no one is imposing Bitshares upon us ... we are free to use either or both.
Throwing hissy fits because others don't agree with you doesn't help your cause either.

Again, when there's a leech on my leg, I kill the leech, instead of cutting off my leg. So as a stakeholder of Bitcoin, I will try to kill the Bitcoin leech, instead off cutting off my Bitcoin stake.

LeChatNoir

hero member

Activity: 699

Merit: 501

Coinpanion.io - Copy Successful Crypto Traders

Bitcoin will simply die POW, people who wants to really preserve their wealth can buy some of the top POS available, i did and i haven't regret so far.

calaber24p

full member

Activity: 156

Merit: 100

If this is life , then I prefer death !

My problem with POW is mining centralization. If you thought that centralized pools were a problem, just wait until there are 1 or 2 asic producers who will chose to just mine instead of selling their products and keep their designs secret. At that point the barrier to entry for outsiders to design and create asics will be too high. Mining has "natural monopoly" written all over it.

inBitweTrust

hero member

Activity: 658

Merit: 501

Quote from: kokojie on January 06, 2015, 10:01:58 AM

Quote from: Flashman on January 06, 2015, 09:59:42 AM

What? I've been a part of keeping bitcoin running the last 2 years and I'm the shill? What have you done for bitcoin lately?

PoW mining is NOT NEEDED to keep Bitcoin running, it's a waste and leech, its only purpose is extracting value out of Bitcoin.

I run a Bitcoin promotional website, and also run a Bitcoin full node. See my god damn signature.

Your coming off extremely judgmental and like you have a sense of entitlement to how Bitcoin should be designed and anything that isn't going your way is a "waste and leach" towards your vision of bitcoin.

Bitcoin was designed around PoW, perhaps it will change , perhaps not, but you have no place calling people shills or leaches when talking about them simply fulfilling Satoshi's design protocol.

Bitcoin is voluntary, and no one is imposing it upon you, like no one is imposing Bitshares upon us ... we are free to use either or both.
Throwing hissy fits because others don't agree with you doesn't help your cause either.

Flashman

hero member

Activity: 518

Merit: 500

Hodl!

So successful in fact that you resist moving to them and troll BITCOINtalk with incessant pleas to be just like them.

kokojie

legendary

Activity: 1806

Merit: 1003

Quote from: Flashman on January 06, 2015, 10:15:28 AM

Whoop de woo, a full node, like I haven't been doing that since I started.

I am voluntarily participating in bitcoin as it was designed to work, shame on me.

PoW mining was useful for a time, since there wasn't yet any successful PoS systems running.

But now that time has passed, many PoS systems successfully running. No reason to keep buying VHS tapes, when Netflix streaming is available.

Topic: Do you think Bitcoin should modify to POW + POS ? █████ Poll █████ - page 7. (Read 7564 times)