Pages:
Author

Topic: Do you think "iamnotback" really has the" Bitcoin killer"? - page 44. (Read 79977 times)

sr. member
Activity: 405
Merit: 250
Bottom Line:
All the bullshit aside if you can launch a truly better coin with real innovation with out doing an ICO then absolutely you have my full support.
I am leaning towards thinking you have the skills to do that... BUT !
I actually have not seen proof you have the required coding skill level (pertaining to crypto) to pull it off.

Your claim of an "Early 2017 Launch" ? = Good luck Wink

I guess it's plausible if you unload yet another ICO (YAICO) and then kick back and say "Coming Soon"
Then yeah... you could launch it "Early 2017" hahhahhahahhahaha

So if I come to the table with a completed fully functional self funded cryptocurrency, that is running in an Open Beta, you would not have a problem with an IPO/ICO open to everyone at the same buy-in cost of say $010/coin?

Also, when I said fully functional, it has a market place, chat, alternate user wallet names, etc.

Just wondering...

Fuserler's ostrich ...

lol if you knew ANYTHING about dan you'd know you'd be fucking happy to be his ostrich.

not to go tooo far off topic but it takes all of 5 minutes of reading to see what a solid, albeit stupidly delayed, project eMunie is. It's a shame more projects do not follow its model of production quality even if that same quality level is a burden.

Agree totally, I'll be buying some EMU for sure, the self-serve debit card loading looks like a killer feature on its own, and I know there's a load more features.

My three picks for 2017 that I'm saving for are
EMU
KOMODO
Anonymint's

All have good chances, all competitive with btc and xmr
hero member
Activity: 1050
Merit: 604
Because we want you to succeed you fucking muppet.

Stop being such a dramaqueen and get your project going.

 Kiss
sr. member
Activity: 336
Merit: 265
OP I would very much appreciate if you'd lock the thread.

Okay I will try to get out of here. Have fun with this.
sr. member
Activity: 366
Merit: 250
C'mon Shelby destroy all these wannabe low IQ haters, we're really impatient to see your solutions!! Cheesy

100% trust in you man, you must be the only one here who has a deep knowledge about what are we doing here and your POV will be surely accurate  Smiley

Good luck!
sr. member
Activity: 336
Merit: 265
Stop your fucking self-sabotaging/procrastination

Why do you feel a need to make these aggressive words? What sabotage? What procrastination? I am answering some false allegations.

There is nothing anyone can do which will satisfy all of you. Everyone of you has some fucking complaint.

What is the problem with you guys?

I work for days and say nothing about this other than my few posts in the Decentralization thread. Someone makes a thread and drags me into this. I had no intention of discussing all of this.

You guys can make accusations and I can't respond? WTF?

Loads of people are waiting to throw serious BTC at you.

Everybody knows that. Can you say something worth saying?

Some people have questioned various aspects and I have responded. Are you arguing I should not be communicative to the community?

WTF do you guys want? Seems there is nothing that satisfies you. You want to complain everything and anything.


Edit: I think you need to remember that mining1 is big supporter (shill) of ETH. I am not attacking him. I am just responding to him calmly. I have no beef with him. I am not trying to be the altcoin police.

I think perhaps you guys want to see a happy community of interaction. And you want all that camaraderie and cheerleading. "Yeah we have a great team and with  our vast cooperation we are going to accomplish great things".

Hopefully there will be professional ecosystem developed. That probably has very little if any correlation with me debating some ETH supporters and others who hate ICOs.
hero member
Activity: 1050
Merit: 604
Stop your fucking self-sabotaging/procrastination and continue coding please.

Loads of people are waiting to throw serious BTC at you.
sr. member
Activity: 336
Merit: 265
Then buy a pair of asics and start running.


You are quite the presumptuous one. I run up to 5 miles per day (averaging about 15-20 miles per week but 20 makes me too thin and frail). Been doing that for months.

And it seems you don't acknowledge that I have serious liver disease (or something) or you think I am hallucinating or otherwise not really very ill for years. As if I am not already trying to do as much sports training as I possibly can which I already mentioned. Do you not think maybe the liver disease is impacting the ability of my body to develop endurance? Do you not know that I was a long-distance runner in high school and ran for example 4:30 mile, low 10s for 2 miles and 35 minutes for a 10K (didn't train for the 10K). Seems you make so many presumptions without knowing all the details about what you are commenting on. So if I can't get back to my former endurance levels even though I am trying my best, maybe just maybe it is because I am chronically ill and have abdomen pain when jogging. Duh.

But it indicates you have no experience at anything you pontificate about. You do not understand that basketball sprinting is not the same conditioning as slow paced long-distance running.

Also I don't think you comprehend that a 52 year old man can't typically sprint the full court with 20 years olds, no matter how much training he does. He can't do it for 48 minutes night after night. It is physically not normally possible. There is such a thing as an age decline regardless of how hard one exercises. This can be mitigated to great extent for long-distance running (losing only maybe 5 - 10% off the best performance of the youth if one is not suffering a chronic illness), but sports based on speed and dexterity are much more difficult for an older man to remain competitive.

You Millennials/Westerners will argue about everything. It is so pleasant to interact with you.


Adding an edit:

Please all those who PM me with health tips, please stop. I have tried everything. I have tried every possible supplement and dietary change. I have tried each one in isolation and in various combinations. I have a serious liver and digestive illness or something. It isn't a figment of my imagination. It isn't mental or anxiety. It is a physical problem in my abdomen and possibly even viral as well. I hope to have some definitive diagnosis in couple of weeks, so I can scan a document and show it to anyone who thinks or doesn't understand that illness can actually be real. If someone had cancer, you wouldn't mess around telling them that maybe they can cure it with yoga or vitamin C or what ever. Welcome to try all those homeopathic experiments. I certainly did. They didn't work. Period.
sr. member
Activity: 336
Merit: 265
My opinion, if you really want to do something, anything, then you should join others. You have nobody to debate and you'll apply your knowledge and logic on what is already known

I engage others in debate as I did with @jaekwon but he just banned me and shut down the Github issue when he decided he didn't want to let me explain further how his project is broken and can't be fixed. He expect me to unravel the obfuscation they have done with protocol and that is not my job. I already understand the fundamental reason blame is impossible. It is their job to find out how they obfuscated this fundamental in their understanding of their design. Or later I can take the time to write or hire someone to write a formal refutation of their Proof of Accountability. Why should I encourage them to stop working on their project and wasting their time? Much better for me to have one less potential competitor and not to lose my precious time doing their work for them. At the right time, we can make it 100% proven that their projects are a total failure. And that will best done when my project is already released. Don't wake up a sleeping dog prematurely.

I also agree it is important to work with others and the point of the ICO would be to make that happen, but why should I work with some dumb ass Millennials who have their ego up their ass. I would prefer to work with some top notch programmers from outside of our dysfunctional ecosystem who don't get easily offended when having technical discussions. The drama in our ecosystem is like 5 years old fighting over toys or throwing sand.

Actually Steem's main coder appears to be very good (from browsing his code). I might like to steal him away, but I don't know him yet. We just exchanged some words recently on a blog where I had refuted Dan Smiley

Hopefully can find some guys to work with who are low on drama and high on professionalism and production.

I don't disrespect Vitalik and Vlad. Some of Vitalik's blogs are helpful and I have cited 2 or 3 of them. Vitalik has been good for our ecosystem. His approach is interesting. Someone wrote recently that Ethereum could even be viewed as important as a teaching tool and bringing others into crypto. I am not so closed minded as to not appreciate other vantage points.

But I don't like Vitalik's style of mgmt and budgeting. I don't like how he approaches development. I have decades of experience actually developing software that shipped to millions of users. Vitalik is a young guy living in a fantasy. Sorry he is too out-of-touch with the harsh realities and it offends my past experience of actually shipping software. In other words, I don't think professional programmers would work for him. Programming should be a pretty much invisible activity only seen by those who are in the trenches on Github. Not weekly video Hangouts on Google and slack. All that time wasting verbiage such as we are doing now here in this thread.

what was known and just say bluntly, "it won't work". You also seem to be very proud and that certainly ain't helping.

You stay with V&V. And let's see how the reality works out.

Of course you will say that. Do you have experience creating software and shipping it to millions of users?

Interacting is important. But interacting with Vitalik and Vlad as I have observed ends up being a lot of noise. Because they are making it up as they go along. They haven't studied enough to be expert on the topic they are working on. Professionals arrive prepared and much less verbiage is required.

Yes I would love to work with experts and prolific coders. That would be very fun. But you've also got to work out the financial aspects. Programmers aren't cheap. And in our dysfunctional ecosystem here, all the devs want to have a portion of the money supply. Or you've got purely voluntary contributors such as for Monero, but this can drag on for a long time and even be abandoned (3 years for Monero to produce a GUI I heard).

You aren't in your prime and it's probably hard for you now to work with people half your age that may know more than you do.

It is difficult for me to work with Millennials who are into political correctness and easily offended. I didn't realize that until I actually started to interact with them.

That doesn't mean there might not be some younger guys who are very professional.

As for knowing more than I do, be careful with that presumption. You seem to not value experience. If experience isn't valuable, then WTF?

You are also presuming that my intellect isn't unique. It doesn't mean I am the most astute mathematician or any particular attribute.

You can't judge a person's abilities based on what you would like to believe. You will only know based on the results or unless you interact with that person closely and can observe their true abilities.

I will just tell you that someone who was an adjunct professor at George Washington Univ and was a Dept head at SAIC recently told me in LinkedIn that he thought in college I would be the one to cure cancer. I told him I was going to attempt to change the monetary system instead.

There are most likely 10000 things that aren't fixed yet and can most likely be fixed with easy workarounds you or anyone else haven't thought about. Just because you don't know about programming it only mean there wasn't found a solution / workaround yet. You seem to be a bit close minded.

I am expert programmer. Do you not know I have written millions of lines of code for software that shipped to millions of users.

It is quite funny to see a non-expert arguing with an expert. You are certainly free to go on thinking what ever you wish. It is a free market.

I don't care to justify everything to you. I'd rather compete with you. It is amazingly slow and inefficient to sit here and argue with every person.

I think it is more productive to go do what I want to do. You can do what ever you want. Doesn't bother me.

You will learn in the end if I was correct about Casper. But since I was correct about everything else, why would I be wrong this time. But you are apparently not familiar with my record. C'est la vie.
hero member
Activity: 532
Merit: 500
Then buy a pair of asics and start running.
sr. member
Activity: 336
Merit: 265
iamnotback ........you had me at ICO  Roll Eyes


(had me skipping this thread).

That is why we have free markets. So everyone can decide for themselves what they want to support and invest in. And then there will be winners and losers.

And I am extremely competitive. Losing for me is not an option. It is only something I succumb to if I've killed myself trying to win. I was running full court basketball with 20 year old filipinos and my son a couple weeks ago. Was my first time to do that in years. I literally didn't have the reflexes nor the conditioning, so I was nearly delirious and couldn't breathe trying to run up and down the court (since they have one guy stay back and just heave the ball so I was literally sprinting nonstop). I was determined to not lose the game. While I was in the game we were leading the score purely because of my effort on defense (as I was the tallest player on the court but not the highest jumper there was actually a smaller guy who could nearly dunk it).

But eventually I couldn't breathe at all and had to stop and the other team won. I was pissed off. I don't plan to lose the next time we play.

52 year old man running full court with 20 year olds. And sick with liver disease. Am I competitive or what?

It is quite enjoyable to have people doubt me and bet against me. I love that. I just need my health so I can follow through with my competitiveness.
legendary
Activity: 1876
Merit: 1000
iamnotback ........you had me at ICO  Roll Eyes


(had me skipping this thread).
hero member
Activity: 532
Merit: 500
My opinion, if you really want to do something, anything, then you should join others. You have nobody to debate and you'll apply your knowledge and logic on what is already known / what was known and just say bluntly, "it won't work". You also seem to be very proud and that certainly ain't helping. You aren't in your prime and it's probably hard for you now to work with people half your age that may know more than you do. There are most likely 10000 things that aren't fixed yet and can most likely be fixed with easy workarounds you or anyone else haven't thought about. Just because you don't know about programming it only mean there wasn't found a solution / workaround yet. You seem to be a bit close minded.
sr. member
Activity: 336
Merit: 265
You can't possibly know wether or not casper is flawed

Yes I can. It is a fundamental taxonomy of possible workarounds to the FLP impossibility result. Read my whitepaper when it is released (although I don't think you will understand it but it is written to be comprehensible for those with reasonable analytical skills).

What @jaekwon (Cosmos/Tendermint) and others may not realize is that the fundamental limitations of Byzantine agreement can't be structured around with protocol. It is a fundamental limitation (due to physics of asynchrony). So they can obfuscate as much as they want with heapings of protocol complexity, so as to hide the fundamentals from themselves. But I understand the essence of genius.

So Casper is hiding the bonding collateral in the notion of betting from collateral, but they won't escape from the fundamental limitation which is that blame can't be objective (it is always ambiguous) in Byzantine agreement. The only alternative to Byzantine agreement is probabilitistic, asymptotic (e.g. PoW and my design which is not PoW but something new). But probabilitistic, asymptotic can't assign blame to malfeasance either (for example you can't prove that Bitcoin miners are censoring transactions from blockchain data objectively, you need external social information which is not objective).

I will double-check my logic on this again when I do the comprehensive re-read of my paper. Will report back here, if I find any flaw in my analysis.
hero member
Activity: 532
Merit: 500
If your statement "ethereum is flawed" can be resumed as a few mispriced ops that have been fixed ( there may be others ) is your proof that ethereum is flawed, then you've been wrong all along, and it's just jealousy.
About POW, even as a non technical person i agree generally POW is flawed, just because all you have to do to attack is rent hashpower. I think vitalik calculated somewhere what amount would be needed to attack bitcoin, i think it was around 20mil if i'm not mistaken.
You can't possibly know wether or not casper is flawed, it was all theory when vlad posted it on blog. Since then it was probably reworked tens of times, debated behind closed doors, and so on. You can't possibly know all the details and your opinion is based on early casper posts. Not to mention i don't believe you've studied it and all the later casper posts in the smallest detail, thought about every variant, just so you can post that fud on bitcointalk. You don't even have anyone to debate with, so you'll go with "whatever i think it's right". Anyway, even if you did, that'd mean you have too much free time and actually you're not working on any project, despite your claims. But what you do, saying it WON'T work, well, that's easy. You do that technically to draw attention to yourself, because what EF is doing wasn't done before so you know there's a big chance they might not accomplish all their objective, or even fail completely. In any case, if 1 out 100 parts of the project won't perfectly work, you'll still go with "i told you i am right", the very same thing you did with " ethereum is flawed" when, currently, all ethereum flaws so far were a few misspriced ops. Being a critic is easy, they are trying to achieve something, alot of thesse kind of projects out there are, not just ethereum.

Edit: based on what ethereum currently aims to be, a platform for DAPPS/ smart contracts, i don't think EF aims for it to be "perfectly decentralized", like, having 100k potential validators, each owning ~1k ether. It has to be well enough decentralized, to both avoid centralisation but also to avoid people's perception of centralization since it doesn't go well with the positive sentiment ( look at bTC ). So, it doesn't have to be perfectly decentralized, but currently it's probably one of the most decentralized projects out there, probably along with some other asic resistant projects. Maybe not ETC, it's known a few mining whales in china switched mining on it as a bet. Few months ago when i checked, ethereum had like twice the number of nodes BTC has.
sr. member
Activity: 336
Merit: 265
Spoetnik you are going to eat your words.

Stay tuned...

(I don't want to waste time arguing with you tit for tat. For example, ETH raised $18 million and didn't have an operating blockchain, didn't have a design, didn't have anything but a talking head named Vitalik and a lot of geek cool dudes willing to promote it to fanboys of geekism).

The definition of insanity is doing the same thing over and over and never admitting that it will get you the same result. Neither Bitcoin nor Monero (nor Ethereum) are going to solve the centralization and scaling problems. So why would copying their distribution paradigms not be insanity.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
Sounds like ETH Shelby.. same shit, different pile.
ETH launched an ICO then way after the fact tacked on mining once they were getting smashed with criticism of their 100% premine antics.
..a knee jerk reaction in my view.

An ICO is an ICO bud..

No way to smooth that over with "a period of learning and conceptualizing about those issues"
It is what it is.

That's a great fucking excuse too i may use that one around here one day.  Grin

A partial ICO ? HAHAHHAHA  Cheesy

oh fucking christ you guys amuse my balls of with verbal gymnastics.
Did you not just read what i said ? (stating the obvious)
What makes Bitcoin is the fucking initial distribution !
So no you can't say oh well that part is not very important..
So i will ICO it because the ends justify the means.

To qualify to be the Bitcoin Killer you will need to improve on it.
And no being a centralized distribution is not an "improvement" or "innovation"
Shelby you need to get a grip and check your shit man.. you are bullshitting yourself.

And if you want an ounce of credibility around here you need to work on your shit like i was saying.
You have the bloody audicty to truck around here supporting STEEM buy using it ? (and profiting from it in the process)
Wow that takes some balls man.. and i know you showed them to me Wink

I'll i'd admit you got some gall and some tenacity but that is not whats for sale here.
I am not buying Shelby coin because he has good rants..
I'd be buying it because it kicked the shit out of Bitcoin.
sr. member
Activity: 336
Merit: 265
No, he doesn't. Nowadays a bitcoin killer would have to scale and go mainstream, to become a bitcoin killer. He's just about talks, for years now. The only project currently that really aims to solve the scaling problem is ethereum, all other projects have some sort of very limited scaling.

Agreed.

The only project currently that really aims to solve the scaling problem is ethereum, all other projects have some sort of very limited scaling.

Casper is fundamentally flawed and Vitalik and Vlad don't seem to understand that blame can't be made in Byzantine agreement, thus there can't be bonded validators (my whitepaper explains this in detail). Casper, Tendermint, Cosmos, and Rchain are all DOA. Can't ever work. They've been wasting all their time and your BTC. But please don't listen to me. Give them moar BTC please. And let others partake of my project and you stay with the age 20-something V&V, because you deserve to reap what you sow.

As for Ethereum's current PoW algorithm it is fundamentally insecure (as has allegedly been under continuous attack, i.e. there is someone who is getting most of the coins which is the why the market is manipulated and not an aggregate market). This is covered in my whitepaper.

"Bitcoin killer" is another way of saying "innovative coin" and innovation doesn't cut it anymore.  The biggest gains I saw in 2016 were all coins who networked in some capacity, whether it was legal networking or illegal networking.  The technological side of Monero and PotCoin are pretty weak and yet they saw some of the most ROI in 2016.

https://bitcointalksearch.org/topic/crypto-profit-of-the-2016-final-version-1732516

Monero got into the dark net markets.  Potcoin got users from the cannabis industry.  NEM networked around in Malaysia and Japan and some businesses / banks took them on.

Iamnotback's "Bitcoin killer" is pretty useless and doomed to fail if it's just him trying to push his coin on Bitcointalkers.  Other innovative projects, who don't have networking, are also having hard times and I doubt that'll ever reverse.

Ah the NEM boys. I still need to add some analysis of Proof-of-Importance to my whitepaper. Thanks for reminding me.

I totally agree that without an ecosystem, a coin is DOA. One of the critical aspects of my plan is that there is a massive incentive for others to build apps on my blockchain design.

I will let you explain to yourself how I managed to produce a million user product in 2001 when the Internet was 10X smaller, and yet somehow you think I am totally incapable of understanding the importance of driving adoption. It is critical to work with others, but why would anyone want to work with me (except to use my reputation to steal from you all) until I have demonstrated leadership. My health is what has been retarding that process. Simple as that.

Also I think you need to distinguish between innovation that is a selling point to this small microcosm here on this forum, and innovation which actually causes a million users to signup. My past record of success (before 2006) was creating the latter form of innovation. All we've seen from NEM and others is the former form of "innovation" (i.e. useless hype bullshit such as Proof-of-Importance, DAO, Casper, etc).

Btw, your jabo38 was on my inner circle of communication back in 2014 before he left to join NEM. I didn't fault him for moving on to something that was moving faster. He knows I was suffering from health ailment in 2014.

Monero seemed to build critical mass of volume of trading. It is really the only solid alternative to Bitcoin that isn't just a clone. Ethereum doesn't really count as a pure crypto-currency alternative but there is enough interest/belief/hope/hype in it as a radical alternative of the future to keep it in the top 4. Litecoin is just a clone with a few parameter changes. Basically you have the best developers on Bitcoin. The next best developers are on Monero. After that, you have some reasonably good developers on Steem, but they make some of weirdest design decisions (as r0ach and I have said, Dan builds Rube Goldberg machines).

I haven't really investigated the developers of other coins. But it seems like pretty much all the other coins have at most one solid developer on them. So they haven't yet gained the critical mass of developers to compete with those top 4 (Bitcoin, Litecoin, Ethereum, Monero). Steem would be up there if they hadn't botched the design. Their devs are good.

Dash is a mixed bag. Had a couple of reasonably good devs work on it, but the thing is really a mix of poor design decisions and muddled identity. They were DarkCoin and then SodaPopCoin and now what?

I am not really following NEM closely. I don't think it has credibility. But I will look again more closely when I do the analysis of PoI. Apparently you have one solid dev who is a younger Japanese dude.
hero member
Activity: 532
Merit: 500
No, he doesn't. Nowadays a bitcoin killer would have to scale and go mainstream, to become a bitcoin killer. He's just about talks, for years now. The only project currently that really aims to solve the scaling problem is ethereum, all other projects have some sort of very limited scaling.
sr. member
Activity: 336
Merit: 265
Spoetnik really surprises me with his eloquence at times.

Quote
I can guarantee you Shelby people tune you out chronically.


Quote
Point being is you were lecturing to deaf ears ..again

Quote
long winded alienating every person here

Quote
100+ pages running with each comment being a long winded rant

That's what I meant about "verbal diahrrea".  iamnotback insists its not him, its our lower than average intelligence ... lol.


You don't like details. I do. Let's see whether details matter or not.

Perhaps you just want a good hyped pump job soundbite as I had stated where the devs have no care whatsoever to actually having any of the critical details figured out. No problem, there are plenty of those for you to choose from. Don't let the door hit you in the ass on the way out from my project opportunity.

I realize simpletons prefer the soundbite tl;dr. Sophisticated investors understand that the devil is in the details. Speculators also understand that a good pump-and-dump is sufficient, so perhaps there is a reason to prefer the soundbite.

I think you need both. You need soundbite marketing and you need sophisticated detail, e.g. Bitcoin.

I will not promise that I am the best pumper. I can only tell you that I did formerly manage to produce popular software and did a lot of coding. I have been working on the whitepaper and will be working more on the coding.

What you may not appreciate is how much my understanding of the details has improved because of all the posting I did. My interaction over the past 4 years stimulated my thought process.

You are apparently one of the people who live in the fantasyland of magic wands. No details and arduous activity required, simply "wave the wand and it be done". I think Vitalik or the MaidSafe guys would be a better choice for you. Copious bullshit soundbites galore.
sr. member
Activity: 336
Merit: 265

As we know, bitcoin has the problem of making us choose between

1) A network that has conservative blocks in order to stay decentralized (so nodes can be run by common folk instead of big pockets, corporations and whatnot, which would be fatal for the network) + a secondary layer on top like LN to facilitate fast velocity, cheap transactions then wrapping them up on the decentralized network, but making on-chain transactions expensive and slow for those that want to use it. (This is the best we have now)

2) A network with big blocks, that is centralized at its core, since the blocks are too big for common folk to host nodes = centralization of nodes spiral begins and it ends up as centralized as mining is nowadays.

Option number 2 is out of the question, which is why Bitcoin XT, Bitcoin Unlimited etc have been failures that get next to no support. Bitcoin Core with conservative blocksize increases (devs and all experts say they its best to increase the blocksize after segwit so we will get 2MB after segwit) + LN is the best we got. All other methods have been proven to be smoke and mirrors. Unrealistic and deceiving solutions.

I think this is a big mistake to think that option 2 is out of the question.  This sounds like Bill Gates thinking that "640 KB is more than enough memory for a PC", and hard-coded a limit in DOS, because when 4KB machines were selling, that sounded like a reasonable proposition.

At this moment, and with a projection of a huge adoption, it is true that "all financial traffic of the world on block chains" doesn't seem to be feasible due to network and storage limits.  But that financial traffic is a finite amount that doesn't grow exponentially like network and storage capacity is.   What seems to be "a big block chain" may very well fit on a cheap device a few decades from now, and what seems to be a serious network congestion may be like nothing special a few decades from now.   Bitcoin's block chain, of transmitting 1 MB per 10 minutes, was eating up a lot of capacity when people had 28kb modems.  Now, 1MB per 10 minutes is peanuts for most home amateurs and get this in a few seconds.  In the 1990ies I still had such a modem.  That's 20 years ago.  Scale up 20 years from now, and you'll find a few orders of magnitude more network and storage capacity that make these "huge block chain" discussions sound ridiculous.  However, good immutable crypto, especially if it has large world adoption, cannot change its protocol any more.  So we're doing a "Bill Gates 640K" if we hard-code limits in block chains because of technological capacity, which will cripple the system in a few decades at most.

The problem with proposing centralization as a solution, is it simply doesn't scale in terms of ecosystems, for the same reason that closed source doesn't scale but open source does.

The world doesn't want to invest in a system that is controlled by China. Centralized control is not anti-fragile.

Bitcoin has a limited lifespan. It will be the stepping stone from fiat to something that really works.

Sorry. My project is very important. I know my white paper is worth $billions. But i need to be able to actuate it into code in order to monetize my invention.
Pages:
Jump to: