Topic: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell - page 17. (Read 46270 times)
BU is a perfect setup for dictatorship and tyranny of the network.
lol whistles in the wind
Core is apparently guarding us from the BU dictatorship.
Its over franky, toast your accounts, your reps fucked. Are you a member of BU's federation and how can we know the truth?
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I’m defining myself judge, jury and executioner (with the valuable input of those who have been interacting with me of course!) with the power to appoint the initial members. These initial members will then proceed to invite new members.
Its over franky, toast your accounts, your reps fucked. Are you a member of BU's federation and how can we know the truth?
Its EXACTLY the communist promise you dolt:
research harder.
1. if dynamic blocks occur, there are A DOZEN diverse brands all functional to work on the sam PEER network
if segwit occur, there are A DOZEN diverse brands all semi-function as the lower TIER with core as the upstream filer upper TIER
..
2. where is cores elections
.
3. where is cores vision of a PEER network of not REKTing anything thats not blockstream sanctioned.
though i care more about he diverse network of many brands doing dynamics.
you do realise the context of your quote is taking something thats tongue in cheek and intentionally left off the part that the tongue in cheek comment of a dictatorship due to no way to kick off a project without an interim leader.. was a temporary thing until they held elections a few months later..
oh wait.. you failed to research that.
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Marx’s view was that capitalism was the great evil that stole the ability to own the means of production from the common person. The only cure was for the people (the proletariat) to rise up and usurp the rulers (the bourgeois). The intermediate step, known as the “dictatorship of the proletariat”, was the “temporary” de facto government that would lead the people to the new found socialist freedom:
You are trying to sign bitcoin away to an admitted dictatorship. You don't know what research is. Quote
In between capitalism and communism there is the dictatorship of the proletariat, a democratic state where the whole of the public authority is elected and recallable under the basis of universal suffrage;[30]
Dictatorship of the proletariat-In Marxist sociopolitical thought, the dictatorship of the proletariat refers to a state in which the proletariat, or the working class, has control of political power.
Dictatorship of the proletariat-In Marxist sociopolitical thought, the dictatorship of the proletariat refers to a state in which the proletariat, or the working class, has control of political power.
you need to learn..
blockstream(core) want a TIER network of dev control that bypasses community node consensus..
going soft by only miner vote. then going bilateral with bip9, uasf and Pow nukes
..
other implementations want a sing DIVERSE and decentralised PEER network of different brands.
its only core that dont want to step down to be on the same equal playing level as other brands.
wake up.
its like you understand all of blockstreams faults of dictatorship/control. and have very lazily just done a find/replace word to swap out blockstream and replace it with anything thats not blockstream
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There is no democratic way to kick something like this off so I am just going to be autocratic about it. I’m defining myself judge, jury and executioner (with the valuable input of those who have been interacting with me of course!)with the power to appoint the initial members. These initial members will then proceed to invite new members. Formal adherence to the Articles will kick off after elections on Jan 15th
A direct quote from the self appointed president.though i care more about he diverse network of many brands doing dynamics.
you do realise the context of your quote is taking something thats tongue in cheek and intentionally left off the part that the tongue in cheek comment of a dictatorship due to no way to kick off a project without an interim leader.. was a temporary thing until they held elections a few months later..
do you understand tongue in cheek.. do you understand humour?
oh wait.. you failed to research that.
where is blockstreams election process
where is cores election process..
you need to learn..
blockstream(core) want a TIER network of dev control that bypasses community node consensus..
going soft by only miner vote. then going bilateral with bip9, uasf and Pow nukes
..
other implementations want a sing DIVERSE and decentralised PEER network of different brands.
its only core that dont want to step down to be on the same equal playing level as other brands.
wake up.
its like you understand all of blockstreams faults of dictatorship/control. and have very lazily just done a find/replace word to swap out blockstream and replace it with anything thats not blockstream
Quote
There is no democratic way to kick something like this off so I am just going to be autocratic about it. I’m defining myself judge, jury and executioner (with the valuable input of those who have been interacting with me of course!) with the power to appoint the initial members. These initial members will then proceed to invite new members.
A direct quote from the self appointed president. Wait are you saying we should give power to an admitted dictatorship that wants to control the entire network mining pools and all?
you need to learn..
blockstream(core) want a TIER network of dev control that bypasses community node consensus..
going soft by only miner vote. then going bilateral with bip9, uasf and Pow nukes
..
other implementations want a sing DIVERSE and decentralised PEER network of different brands.
its only core that dont want to step down to be on the same equal playing level as other brands.
wake up.
its like you understand all of blockstreams faults of dictatorship/control. and have very lazily just done a find/replace word to swap out blockstream and replace it with anything thats not blockstream
Another thread about the death of BTC, it 5 days old and s already got 22 pages.
Damn people, when will you accept the fact Bitcoin s not going to die, at least not in your lifetime. If you purchased it high, just have some patience, these price swings have happened before and will happen again. In 3 months time, the price will go over 1500 and everyone ll be merry again.
Be patient, dont check exchange candles every 5 minutes.
Damn people, when will you accept the fact Bitcoin s not going to die, at least not in your lifetime. If you purchased it high, just have some patience, these price swings have happened before and will happen again. In 3 months time, the price will go over 1500 and everyone ll be merry again.
Be patient, dont check exchange candles every 5 minutes.
and who let the community vote who gets to be CEO CTO of blockstream
Turns out BU's constitutional framework simply secures the President
and who let the community vote who gets to be CEO CTO of blockstream
oh. and when satoshi left who voted gavin as the core top guy.
oh. and when gavin left who voted Wladimir as the core top guy.
are their yearly elections for core. is their a boardroom team of VC investors that can sack adam/greg from blockstream, or elect someone else to replace them...
.. hmm seems not
Well the Bitcoin scaling problem has to be sorted out fast because if Bitcoin loses it's momentum now there will be no turning back and other Altcoins will surpass bitcoin in both usage and marketcap and it will end up as a pile of dinosaur dust on a rubbish heap. Something has to be sorted and Egos have to be set aside to find a solution.
Firstly your story here is bullshit and untrue. Second so you are implying we just handed to an admitted dictatorship for "speed" purposes? 
Well the Bitcoin scaling problem has to be sorted out fast because if Bitcoin loses it's momentum now there will be no turning back and other Altcoins will surpass bitcoin in both usage and marketcap and it will end up as a pile of dinosaur dust on a rubbish heap. Something has to be sorted and Egos have to be set aside to find a solution.
so then do you see this kind of development as having a limited window (say 5 years or so) while companies like Blockstream can make some decent money pioneering LN before the market gets completely saturated with free solutions?
Quote from: BU Articles of Federation
Proposals are made, debated, and then resolved (voted on) and the Proposer and BU officers have the power to force this process to occur in a timely fashion.
Why are you trying to give the power of bitcoin away to an obvious and admitted dictatorship? Or did you not read the articles you were signing up to?
Turns out BU's constitutional framework simply secures the President as a dictator over bitcoin: https://medium.com/@rextar4444/the-dictatorship-of-the-bitcoin-proletariat-a51e7cd87605
Highlights:
Anyone that supports this is an enemy of decentralization.
Highlights:
Quote from: BU President
There is no democratic way to kick something like this off so I am just going to be autocratic about it. I’m defining myself judge, jury and executioner (with the valuable input of those who have been interacting with me of course!) with the power to appoint the initial members. These initial members will then proceed to invite new members.
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Only members can submit proposals and such proposals must first go through the President
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In the case of abrupt departure, an interim person may be appointed by the President, including someone currently holding another role. In that case s/he will not vacate the originally elected role.
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I. Any unallocated funds raised shall be held in a 2-of-3 multi-signature account with the President, Secretary, and Developer holding the keys.
Funds donated to Bitcoin Unlimited may be applied to any purpose (including the Bitcoin Unlimited Pool) that furthers the project’s goals and is authorized by majority vote via line items in a President’s “Operational BUIP”
Donations may not be used to pay salaries, bonuses, etc. for the President, Secretary, Developer or Pool Operator. These volunteer roles are unpaid, with the expectation that these individuals will benefit from Bitcoin’s success.
However, the people fulfilling these roles may be paid upon completion of particular tasks that exceed their stated role.
Funds donated to Bitcoin Unlimited may be applied to any purpose (including the Bitcoin Unlimited Pool) that furthers the project’s goals and is authorized by majority vote via line items in a President’s “Operational BUIP”
Donations may not be used to pay salaries, bonuses, etc. for the President, Secretary, Developer or Pool Operator. These volunteer roles are unpaid, with the expectation that these individuals will benefit from Bitcoin’s success.
However, the people fulfilling these roles may be paid upon completion of particular tasks that exceed their stated role.
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The source repository administrative account shall be held by the President.
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51% Risk
To alleviate real or perceived risk of this pool gaining more than 50% of total network hash power, if the pool’s hash power exceeds an average of 30% for more than 30 consecutive days, it must disband into two completely separate entities with no personnel overlap.
To alleviate real or perceived risk of this pool gaining more than 50% of total network hash power, if the pool’s hash power exceeds an average of 30% for more than 30 consecutive days, it must disband into two completely separate entities with no personnel overlap.
Anyone that supports this is an enemy of decentralization.
Every LN node is effectively a hub. It is a peer to peer network. You are correct, the more nodes/hubs, the more resistant it will be against governments. Lightning is very strongly based on the six degrees of separation (everyone in the world is 6 steps away from each other - proven in FB research too.) Of course I could imagine that gambling sites, miners, exchanges, businesses, etc who have more money might become bigger nodes. But decentralization is definitely most important.
so then do you see this kind of development as having a limited window (say 5 years or so) while companies like Blockstream can make some decent money pioneering LN before the market gets completely saturated with free solutions?
All I am saying, is that bigger companies with plenty of money, don't mind paying some expert consultants to help their own developers for the implementation. Even if it is not completely necessary, simply to make optimal usage of Lightning and know the possibilities/limitations. Just like they hire bitcoin experts now.
For example: I am also planning to learn a bit more about Lightning and work a bit with some of the implementations to gain knowledge. If Lightning will really work well in 1 year, I can definitely imagine that some gambling site owners could be interested in paying me a fee just to help them a bit on their Lightning implementation (just an example.) But in the end, any developer can gain this knowledge and it is a free open-source solution.
legendary
Activity: 1302
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Core dev leaves me neg feedback #abuse #political
Every LN node is effectively a hub. It is a peer to peer network. You are correct, the more nodes/hubs, the more resistant it will be against governments. Lightning is very strongly based on the six degrees of separation (everyone in the world is 6 steps away from each other - proven in FB research too.) Of course I could imagine that gambling sites, miners, exchanges, businesses, etc who have more money might become bigger nodes. But decentralization is definitely most important.
so then do you see this kind of development as having a limited window (say 5 years or so) while companies like Blockstream can make some decent money pioneering LN before the market gets completely saturated with free solutions?
@franky1: nothing stops you from making a LN node/hub even if you are "anti-core".
i have been using multisig for offchain transactions for a long while already.
but, its worth those looking into all the LN's, to concentrate on the DNS seeds as that is the most exploitable point of setting selves up as a superhub
to grab the max routing fee's.
ok but don't you agree these will generally be (If not all) profit driven projects , why would they build it for free when the companies building can set themselves up as a hub
I think that being an expert consultant is worth a lot of money. Even just a presentation at some conference can earn nice $.
Since everyone, including you and I, can have their own Lightning node (="hub") and earn some small fees (which drives fees to be even lower), I do not see that as part of their potential profits.
@franky1: do you base their on their routing algorithms and such or are you just "guessing"? No one working on Lightning wants to see 1 big node as that is obviously a fail in a decentralized protocol. I am skeptical too about such details, but I do not see it as reason to make a lot of conspiracies here and effectively block such innovation from even trying. If Segwit would be enabled on mainnet, Lightning would be still experimental (and therefor only for small transactions) and routing details can be still adjusted to ensure no 1 big node will exist - obviously no one wants that.
well first of all, I am still trying to better understand LN.
but generally, yes everyone can be their own hub if they want to start their own hub business (until regulators say you cant because youre a money transfer company)... I guess I was hoping we wouldn't need all these hubs...and there would be something even better, some kind of decentralized network of networks (kind of like the world wide web) that would just help you route your payment to anyone else in the world through open channels.
has this been discussed? Because all i'm seeing (and I'm not trying to be combative) -- alls I am seeing is more paypal 2.0s
Every LN node is effectively a hub. It is a peer to peer network. You are correct, the more nodes/hubs, the more resistant it will be against governments. Lightning is very strongly based on the six degrees of separation (everyone in the world is 6 steps away from each other - proven in FB research too.) Of course I could imagine that gambling sites, miners, exchanges, businesses, etc who have more money might become bigger nodes. But decentralization is definitely most important.
@franky1: nothing stops you from making a LN node/hub even if you are "anti-core".
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