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Topic: Forks are highly important (Read 2117 times)

legendary
Activity: 2898
Merit: 1823
March 16, 2017, 09:36:48 AM
#41
A fork isn't good. Bitcoin has the power and is the main currency today because it's a integrated currency, many persons trust it and support it. If there is a fork the community support will split also and we will have two weak currencies, bitcoin won't exist anymore.
It's easy for newbies to start investing in crypto currency, because everybody knows bitcoin always worth, with a fork the newbies will get lost and it will make them put away from this.

In some ways it is. I used to think that the hard fork should be avoided totally. But now, with the big blockers pushing for it in a meaningful way, I would say go ahead. I will follow Roger Ver and play it safe by converting some Bitcoins into Dash or something "safer" than BTC. If BU starts getting 50% of the miners' support, that is when I start converting.
hero member
Activity: 2030
Merit: 777
Leading Crypto Sports Betting & Casino Platform
March 14, 2017, 11:13:56 PM
#40
A fork isn't good. Bitcoin has the power and is the main currency today because it's a integrated currency, many persons trust it and support it. If there is a fork the community support will split also and we will have two weak currencies, bitcoin won't exist anymore.
It's easy for newbies to start investing in crypto currency, because everybody knows bitcoin always worth, with a fork the newbies will get lost and it will make them put away from this.
hero member
Activity: 994
Merit: 502
March 14, 2017, 10:44:50 PM
#39
Look at the Ethereum fork.  Perfect.  Two sides have a difference of opinion.  Neither will budge.  It is a full impasse.  

Fork.

Everyone says the world is over.  Chaos everywhere.  

Time passes.  

More time passes.  

One side wins and the chain is fine and perfect and strong again.  The other side proved it was the side destine to die.  That idea is gone forever.  Everyone wins.  The network is improved and the impasse is settled.  

Forks are the way to settle a difference of opinion.  Avoiding forks guarantees infinite and endless fighting.

In Bitcoin where everyone is crying about a hard fork - they question never gets settled.  More than two years now, no settlement.  
It is just like the Shia and Sunni.  Fighting forever, no settlement.  One side needs to die.  

It is like the Jews and Palestinians.  Fighting forever.  day, after day, after day.  killing with no solution.  The impasse assures more killing in the future.  

Ethereum settled the fight with a fork where one side dies off.  This is the way to make the network strong.

We need a bitcoin hard fork.  Bitcoin BU and Bitcoin SegWit.  after some time, one side will be better than the other.  The network will be stronger and the impasse and killing will be gone.  




what you said would be true if etheruem classic is dead, but this isn't true, ethereum classic is there running, they effectively created two coins now each one with its marketcap, and ETC is stealing an amount of money from the marketcap of eth, this might happen to bitcoin, although it would be more devastating, i don't like it

Yeah, but the real Ethereum is over $2.5 Billion.  Before the fork - it was only $1 Billion.  So, a very short time after a contentious fork - BIG VALUE!!!
Yeah the capital grew in a short after the fork being made as the primary focus within the network. Also the mining and block generation were quite good with fork for ETH. The same cannot be expected with bitcoin as there is several correlation between these two same as that we see between hard fork and BU.
legendary
Activity: 1288
Merit: 1087
March 14, 2017, 10:37:47 PM
#38
Yeah doing the hard fork to Bitcoin Unlimited is very risky. But they are welcome to split the chain if they want. I know one person who is probably very excited with the fork just as he was excited with the creation of the DAO in Ethereum. Some of you know who he is. I will also not be amazed if he came up with the BU exploit.

what they should've done is push for one straightforward increase of the block size. no extra crap, just that. the extra complexity on top of possible contention was a crazy move.

it's an honest upgrade. if people wanted it then it would happen. the small blockers would see that the world hadn't ended, core would maybe cut down on the hubris and some extra time would be bought after everyone had learnt something.
legendary
Activity: 2898
Merit: 1823
March 14, 2017, 10:33:02 PM
#37
What messy sh*t did they introduce that people hate?

https://www.reddit.com/r/Bitcoin/comments/5zdkv3/bitcoin_unlimited_remote_exploit_crash/

how about this for starters? a bug that's been in the code for over a year. compare the node count compared to a few hours ago. you want to entrust the entire bitcoin system to a team that allows this to happen?

Yeah doing the hard fork to Bitcoin Unlimited is very risky. But they are welcome to split the chain if they want. I know one person who is probably very excited with the fork just as he was excited with the creation of the DAO in Ethereum. Some of you know who he is. I will also not be amazed if he came up with the BU exploit.
donator
Activity: 1616
Merit: 1003
March 14, 2017, 06:35:23 PM
#36
What messy sh*t did they introduce that people hate?

https://www.reddit.com/r/Bitcoin/comments/5zdkv3/bitcoin_unlimited_remote_exploit_crash/

how about this for starters? a bug that's been in the code for over a year. compare the node count compared to a few hours ago. you want to entrust the entire bitcoin system to a team that allows this to happen?

Why am I not surprised? I've seen this many times over mainly due to MBA programmers touching non-trivial code.

The code seems to work? Ship it!
legendary
Activity: 1288
Merit: 1087
March 14, 2017, 03:59:46 PM
#35
What messy sh*t did they introduce that people hate?

https://www.reddit.com/r/Bitcoin/comments/5zdkv3/bitcoin_unlimited_remote_exploit_crash/

how about this for starters? a bug that's been in the code for over a year. compare the node count compared to a few hours ago. you want to entrust the entire bitcoin system to a team that allows this to happen?
legendary
Activity: 2898
Merit: 1823
March 14, 2017, 12:15:08 AM
#34
Look at the Ethereum fork.  Perfect.  Two sides have a difference of opinion.  Neither will budge.  It is a full impasse.  

Fork.

You could sure argue for it. My opinion on it is, why not? Is it not what they are trying to do anyway?

Quote
Everyone says the world is over.  Chaos everywhere.  

Time passes.  

More time passes.  

One side wins and the chain is fine and perfect and strong again.  The other side proved it was the side destine to die.  That idea is gone forever.  Everyone wins.  The network is improved and the impasse is settled.  

Sometimes no. The emergence Ethereum classic is the perfect example. I am sure there will still be enough Core supporters to make it run in parallel with any fork.

Quote
Forks are the way to settle a difference of opinion.  Avoiding forks guarantees infinite and endless fighting.

In Bitcoin where everyone is crying about a hard fork - they question never gets settled.  More than two years now, no settlement.  
It is just like the Shia and Sunni.  Fighting forever, no settlement.  One side needs to die.  

It is like the Jews and Palestinians.  Fighting forever.  day, after day, after day.  killing with no solution.  The impasse assures more killing in the future.  

Ethereum settled the fight with a fork where one side dies off.  This is the way to make the network strong.

We need a bitcoin hard fork.  Bitcoin BU and Bitcoin SegWit.  after some time, one side will be better than the other.  The network will be stronger and the impasse and killing will be gone.  


Or it could split into 2.
legendary
Activity: 883
Merit: 1005
March 14, 2017, 12:00:14 AM
#33


Is everyone in agreement that BU well be an alt-coin if they go forward with this hard-fork?

And after the BU losers fork off will Sigwit have enough support to be enabled?
hero member
Activity: 756
Merit: 520
March 13, 2017, 11:29:55 PM
#32
Not every fork, clean and safe forks are paramount and that's what we need for Bitcoin and not just any fork that will render it vulnerable to attacks.

Yup, we do not need anything very much. But the main thing we need is how can we survive wallet from hacker attacks, because if we just focus on the use of the software then we get only an imperfect information. So, to be able to do something good then we should get to know more about these things in order to get the maximum results and profitable
 
U2
hero member
Activity: 676
Merit: 503
I used to be indecisive, but now I'm not sure...
March 13, 2017, 11:04:14 PM
#31
Another outcome is if there is an even 50/50 split and both forms continue on with their own followers. Not everyone needs to have a vanilla bitcoin. Maybe it's time for some mint chip swirl.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
March 13, 2017, 10:58:32 PM
#30
Look at the Ethereum fork.  Perfect.  Two sides have a difference of opinion.  Neither will budge.  It is a full impasse.  

Fork.

Everyone says the world is over.  Chaos everywhere.  

Time passes.  

More time passes.  

One side wins and the chain is fine and perfect and strong again.  The other side proved it was the side destine to die.  That idea is gone forever.  Everyone wins.  The network is improved and the impasse is settled.  

Forks are the way to settle a difference of opinion.  Avoiding forks guarantees infinite and endless fighting.

In Bitcoin where everyone is crying about a hard fork - they question never gets settled.  More than two years now, no settlement.  
It is just like the Shia and Sunni.  Fighting forever, no settlement.  One side needs to die.  

It is like the Jews and Palestinians.  Fighting forever.  day, after day, after day.  killing with no solution.  The impasse assures more killing in the future.  

Ethereum settled the fight with a fork where one side dies off.  This is the way to make the network strong.

We need a bitcoin hard fork.  Bitcoin BU and Bitcoin SegWit.  after some time, one side will be better than the other.  The network will be stronger and the impasse and killing will be gone.  




The real question is if/when the Hard-Fork happens
What Fork of Bitcoin do we base all the alt-coin prices upon until the network breaks the impasse.

The only way that would be resolved is if some smart politician or hero of the network came in and decided to basically rule the world and dictate the future of Bitcoin in a way that cannot be refused.

Unfortunately we have consensus instead  Wink
legendary
Activity: 2562
Merit: 1441
March 13, 2017, 06:23:08 PM
#29
I ask myself: would there be a fork if money wasn't involved?

The answer to that, seems to be: no.

Forks done for profiteering or political purposes could be illegitimate.

I wonder sometimes if many of the bitcoin forks are motivated by greed.

The same with all these people coming out claiming to be Satoshi.

legendary
Activity: 4214
Merit: 4458
March 13, 2017, 05:05:00 PM
#28


..what CODE is best for the long term survival of bitcoin for generations to come mean more then some temporary gesture that is meaningless in a few years.


So you are saying you trust a bunch of idiots that survive off copy-pasting 99% of Core's hard work, then everytime they introduce something they somehow always manage to fuck up:

https://www.reddit.com/r/Bitcoin/comments/5z47f3/it_looks_like_chinabu_developers_forgot_to_add/

Good luck, can't wait to dump BUC in poloniex to get double BTC for free.

are you saying that core are independent.. and that those non BU (but do "99% copying-pasting" and surviving off each other) is not the same. (EG matt corallo has his own repo, luke JR has his own repo. as do many others... are they all bad gys for having their own repo.. including the pools
are you saying that having a repo of your own is the problem because all you care about is core because of its management
are you saying you trust core because its not independent because they only want to work with blockstream devs.
are you saying that no one should take the core code and make tweaks. and instead have to beg blockstream for something
are you saying that if a core release has not been completely rewritten and only adjusted slightly. that suddenly its an altcoin(eventhough it runs on bitcoins mainnet as other implementations do)
are you saying that independent devs cannot do anything unless gmaxwell is involved and where it has to have gmaxwells wishes complied with.



personally i think pruning is stupid. once pruned you cant be part of the full node syncing mechanism.
you might aswell just run a litenode.
allowing a node to be no witness and pruned should be treated as third tier nodes and not categorised as a full node.

i can think of many things core have not done. or even things core have done that have caused big issues (sipa's 2013 leveldb mega orphan event)
devs are not perfect.

and only code matters.
people should decide what node to use on the abilities and features the code allows or doesnt allow.
in my eyes segwit is an empty gesture of half promises that opens up new attack vectors
hero member
Activity: 924
Merit: 506
March 13, 2017, 04:35:05 PM
#27
Create 2 different addresses and put them up one for SW and one for BU, if Satoshi sends 0.01 to any of the addresses using bitcoins mined in first 10K blocks for everyone to see and then decide which side they want to be or if not then it means either he is dead or doesn't give a da*n about bitcoin and it's future along with the community.
So I'd like to propose a hard fork where Satoshi's coins are no longer valid and excluded from blockchain, which one is it? you either care enough to step in for the continues success of bitcoin or you are dead, in any scenario no use for almost a million coin sitting idle eating dust.

Who's gonna be the Robbin Hood of crypto and does what I suggested?
sr. member
Activity: 812
Merit: 251
March 13, 2017, 03:34:19 PM
#26
Not every fork, clean and safe forks are paramount and that's what we need for Bitcoin and not just any fork that will render it vulnerable to attacks.
legendary
Activity: 868
Merit: 1004
March 13, 2017, 03:25:03 PM
#25


..what CODE is best for the long term survival of bitcoin for generations to come mean more then some temporary gesture that is meaningless in a few years.


So you are saying you trust a bunch of idiots that survive off copy-pasting 99% of Core's hard work, then everytime they introduce something they somehow always manage to fuck up:

https://www.reddit.com/r/Bitcoin/comments/5z47f3/it_looks_like_chinabu_developers_forgot_to_add/

Good luck, can't wait to dump BUC in poloniex to get double BTC for free.
hero member
Activity: 532
Merit: 500
TaaS is a closed-end fund designated to blockchain
March 13, 2017, 03:01:32 PM
#24

We need a bitcoin hard fork.  Bitcoin BU and Bitcoin SegWit.  after some time, one side will be better than the other.  The network will be stronger and the impasse and killing will be gone.  




fork is always happened when two miners find a valid hash within a short space of time. A one block fork usually takes a week, whilst 2 block fork happens rarely.
Ethereum has get around the issue by having the ghost protocol which rewards uncle blocks only. blocks that are valid solutions but not included in the blockchain itself.
sr. member
Activity: 476
Merit: 501
March 13, 2017, 02:53:43 PM
#23
Current signalling rate over last 1000 blocks:

BU: 30.6%
Segwit: 27,4%
8MB: 6.5%

So currently only 35.5% not signalling a preference.

Note: Antpool is not yet signalling on all blocks.
legendary
Activity: 4214
Merit: 4458
March 13, 2017, 02:34:46 PM
#22
blame blame accuse accuse

1. jihan only manages 15% and of that 15% not all of it is actually his.
2. your forgetting the ~50% undecided either way
.. so trying to blame a few small numbers as the reason why segwit is only achieving 26% is a laugh.(segwit is at 26% not 85%)
3. core CHOSE to avoid node support first then pool support second by going soft. dont blame who core allowed to vote. blame core for making them the only voters.
.. because smart pools wont activate /flag unless they know that the nodes can cope/accept the changes. so even without official vote, pools will wait for node acceptability(to avoid orphans and ensure that people accept their version of blocks to atleast spend the rewards)
.. thus core have literally shot themselves in the foot thinking they can get 100% dominance without REAL full network consent by going soft.
4. if core done a node first pool second. whereby a OVER say 75%-95% nodecount triggers a pool vote. the pools would have been more confident.

but
5. even if you think its just about votes. you need to remember WHY they vote. segwit is not perfect, core devs are not gods, they are human and can come and go..

..what CODE is best for the long term survival of bitcoin for generations to come mean more then some temporary gesture that is meaningless in a few years.
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