Topic: Fuck: SegWit, LN, Blockstream, Core, Adam Back, and GMazwell - page 2. (Read 46265 times)
Most of you have brain damage to fairly serious degrees.. Enjoy being poor/sucking off the state for the rest of your life chaps.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Well you are assuming there will be a network split...
You assume there won't?I don't assume one way or another.
But, if there is a split and bigger blocks are the longest chain, I think it is more likely than not that the big-block/long chain version will keep the bitcoin name, one way or another.
no threats, no PoW bombs. no blackmails.. no deadlines. just free open choice.
This type of behavior is inconsistent with Core/Blockstream ideals. 
Well you are assuming there will be a network split...
You assume there won't?if BU, XT, classic wanted to split off without majority they woulda done it by now.
they would have even done it when gmax begged them
What you are describing is what I and others call a bilateral hardfork-- where both sides reject the other.
I tried to convince the authors of BIP101 to make their proposal bilateral ... Sadly, the proposals authors were aggressively against this.
The ethereum hardfork was bilateral, probably the only thing they did right--
and when all the REKT campaigns begged them to F**K offI tried to convince the authors of BIP101 to make their proposal bilateral ... Sadly, the proposals authors were aggressively against this.
The ethereum hardfork was bilateral, probably the only thing they did right--
but no BU, XT, classic and the rest are just plodding along waiting for natural consensus. no threats, no PoW bombs. no blackmails.. no deadlines. just free open choice.
Well you are assuming there will be a network split...
You assume there won't? legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
if you think its a roger vs the world or a china +roger vs .. then please actually stop reading the reddit scripts and do some proper research
I already told you, I rarely ready Reddit. And when I do its not about BU or BTU or whatever ripoff of bitcoin's name you want to call it. If the hardfork takes places, Roger will have stepped outside of the consensus mechanism. He will no longer be a part of "bitcoin" but "Bitcoin Unlimited." He also owns the bitcoin.com domain. Please explain to me how by changing the content of the site to promote Unlimited he would't be severely undermining the entire legitimacy of bitcoin.
how about because Bitcoin is decentralized? And no one group (Core) can tell everyone else what is the one true version of Bitcoin?
Yes, bitcoin is decentralized. So will Bitcoin Unlimited be should the hard fork happen. Because let's face it: there's no way a soft fork is happening. So nobody will be able to tell Rog & Co. what they can or can't do. I'm just saying changing the content of the bitcoin.com site to reflect Bitcoin Unlimited promotion would be a really low blow, if indeed he goes through with the hard fork.
Well you are assuming there will be a network split...and you're also assuming that the small block version with a smaller proof of work chain will still get to call itself "Bitcoin"...which is certainly questionable. So lets not get ahead of ourselves.
if you think its a roger vs the world or a china +roger vs .. then please actually stop reading the reddit scripts and do some proper research
I already told you, I rarely ready Reddit. And when I do its not about BU or BTU or whatever ripoff of bitcoin's name you want to call it. If the hardfork takes places, Roger will have stepped outside of the consensus mechanism. He will no longer be a part of "bitcoin" but "Bitcoin Unlimited." He also owns the bitcoin.com domain. Please explain to me how by changing the content of the site to promote Unlimited he would't be severely undermining the entire legitimacy of bitcoin.
how about because Bitcoin is decentralized? And no one group (Core) can tell everyone else what is the one true version of Bitcoin?
Yes, bitcoin is decentralized. So will Bitcoin Unlimited be should the hard fork happen. Because let's face it: there's no way a soft fork is happening. So nobody will be able to tell Rog & Co. what they can or can't do. I'm just saying changing the content of the bitcoin.com site to reflect Bitcoin Unlimited promotion would be a really low blow, if indeed he goes through with the hard fork.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
if you think its a roger vs the world or a china +roger vs .. then please actually stop reading the reddit scripts and do some proper research
I already told you, I rarely ready Reddit. And when I do its not about BU or BTU or whatever ripoff of bitcoin's name you want to call it. If the hardfork takes places, Roger will have stepped outside of the consensus mechanism. He will no longer be a part of "bitcoin" but "Bitcoin Unlimited." He also owns the bitcoin.com domain. Please explain to me how by changing the content of the site to promote Unlimited he would't be severely undermining the entire legitimacy of bitcoin.
how about because Bitcoin is decentralized? And no one group (Core) can tell everyone else what is the one true version of Bitcoin?
if you think its a roger vs the world or a china +roger vs .. then please actually stop reading the reddit scripts and do some proper research
I already told you, I rarely ready Reddit. And when I do its not about BU or BTU or whatever ripoff of bitcoin's name you want to call it. If the hardfork takes places, Roger will have stepped outside of the consensus mechanism. He will no longer be a part of "bitcoin" but "Bitcoin Unlimited." He also owns the bitcoin.com domain. Please explain to me how by changing the content of the site to promote Unlimited he would't severely undermine the legitimacy of bitcoin.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
You must be smoking too much of that killer pot leaf. If miners allow limitless space, then there will be no fee market. The fees in each block will be small. What incentive would miners have to mine blocks with no reward and low fees? Total hash power would drop preciptuously and network security would vanish.
Since miners decide what transactions get into a block, it is not accurate to say that limitless space = limitless supply. In other words, space is not freely available to anyone without a miner's consent. You are correct that there would be little incentive to mine with low fees but there is nothing preventing a miner from charging high fees.... except other miners charging low fees. As with any commodity, there can be both price wars that hurt the producers, and on the other hand: collusion which hurts the consumer. One way or another, goods and services seem to be still available. Whether the security will be "high enough" based on a natural fee market depends on many things.
Most important: remember that 'no reward' won't happen for another century.
You must be smoking too much of that killer pot leaf. If miners allow limitless space, then there will be no fee market. The fees in each block will be small. What incentive would miners have to mine blocks with no reward and low fees? Total hash power would drop preciptuously and network security would vanish.
Consider what happened before the 1MB cap was hit. Miners would make consensus moves on the size of the blocks that they created. From 250kB, to 500kB, to 750kB to 1MB to we cannot go any further now.
Quote from: bitcoinclassic
Miners have always been the ones to decide on the block size, and they have always done this in a coordinated fashion. This is a natural consequence of the rather elegant (economic) design of Bitcoin.
Miners earn more fee-based income when they produce bigger blocks.
Miners take more risk of their blocks being orphaned with bigger blocks.
Miners want to avoid emptying the memory pool every block as that removes a total need for users to pay fees.
Miners want to make sure the mempool does not become backlogged because users that do not see their transactions confirmed will get disappointed and find other means to do payments. Which hurts the price and in effect hurts the miners income.
Miners earn more fee-based income when they produce bigger blocks.
Miners take more risk of their blocks being orphaned with bigger blocks.
Miners want to avoid emptying the memory pool every block as that removes a total need for users to pay fees.
Miners want to make sure the mempool does not become backlogged because users that do not see their transactions confirmed will get disappointed and find other means to do payments. Which hurts the price and in effect hurts the miners income.
You must be smoking too much of that killer pot leaf. If miners allow limitless space, then there will be no fee market. The fees in each block will be small. What incentive would miners have to mine blocks with no reward and low fees? Total hash power would drop preciptuously and network security would vanish.
no reward = 120 years time
also pools wont jump to "gigabytes by midnight"
they will find a natural growth level that nodes accept and allows transactions in
You must be smoking too much of that killer pot leaf. If miners allow limitless space, then there will be no fee market. The fees in each block will be small. What incentive would miners have to mine blocks with no reward and low fees? Total hash power would drop preciptuously and network security would vanish.
The only way that the fees will be "high as hell" is if people are using Bitcoin very heavily and highly valuing the transactions they make.
lol
you removed the priority fee
you removed the reactive pricing and replaced it with average pricing
you included the larger relay min fee
you are the one pressuring the fee's to rise even if demand was low
dont start blaming users.
but then again you bypassed node consensus. by only giving pools the vote and then went on a rant blaming pools
do you even listen to the community. or just echo chamber your own thoughts
when the blockchain is lagging as hell because we cannot even get confirmations quickly ( unless you put extra-ordinary fee ) [...]
That's right, nobody will use bitcoin.
The only way that the fees will be "high as hell" is if people are using Bitcoin very heavily and highly valuing the transactions they make. That's right, nobody will use bitcoin.
I rarely read Reddit.
So you're cool if Rog was to hijack bitcoin.com to push BTU?
That's symbolic of the actions of a decent human being to you?
So you're cool if Rog was to hijack bitcoin.com to push BTU?
That's symbolic of the actions of a decent human being to you?
by you using terms lik BTU shows you have already swallowed the reddit narrative. because your using their buzzwords. so you have already failed the pretence that you havnt been suckered into the reddit rhetoric.
secondly bitcoin is a diverse network of many independent implementations.
you should be more worried about the TIER network that core desire
the other non-core implementations know what a peer network is and what a tier network is not. and so if all the dynamic implementations activated there wont be a BTU.. because they only activate with real consensus.
if you think its a roger vs the world or a china +roger vs .. then please actually stop reading the reddit scripts and do some proper research
So the OP thinks that we should just leave it as it is, do not touch the blockchain and bitcoin mechanics at all, we will figure it our later, or it will solve by its own?
Guess what, it is not going to look like that. If we are already having such a problems with extremely big fees and when the blockchain is lagging as hell because we cannot even get confirmations quickly ( unless you put extra-ordinary fee ), then try to imagine what is going to happen with bitcoin in 5 years, when the amount of people using it will dramatically increase?
That's right, nobody will use bitcoin. What is the point in using cryptocurrency that is not useful for money transfers, because you have to wait for hours to get it confirmed, plus you need to pay few $ fee?
There is no point in such a thing, people would just switch on some altcoins to not mess with that dirt.
Guess what, it is not going to look like that. If we are already having such a problems with extremely big fees and when the blockchain is lagging as hell because we cannot even get confirmations quickly ( unless you put extra-ordinary fee ), then try to imagine what is going to happen with bitcoin in 5 years, when the amount of people using it will dramatically increase?
That's right, nobody will use bitcoin. What is the point in using cryptocurrency that is not useful for money transfers, because you have to wait for hours to get it confirmed, plus you need to pay few $ fee?
There is no point in such a thing, people would just switch on some altcoins to not mess with that dirt.
Why Roger Ver won't actually push for the hard fork:
bu and other diverse implementations that want blocks over 1mb want consensus of a diverse single peer network
stop reading reddit
its only core that want anything not core to f**k off. so core can dictate bitcoin.
core have the ban node code the pow killing bips and the threats and drama.
Surprise, the usual shit posters here spamming their vitriol. Go outside, stretch breath some fresh air.
Why Roger Ver won't actually push for the hard fork:
bu and other diverse implementations that want blocks over 1mb want consensus of a diverse single peer network
stop reading reddit
its only core that want anything not core to f**k off. so core can dictate bitcoin.
core have the ban node code the pow killing bips and the threats and drama.
I rarely read Reddit.
So you're cool if Rog was to hijack bitcoin.com to push BTU?
That's symbolic of the actions of a decent human being to you?
Why Roger Ver won't actually push for the hard fork:
bu and other diverse implementations that want blocks over 1mb want consensus of a diverse single peer network
stop reading reddit
its only core that want anything not core to f**k off. so core can dictate bitcoin.
core have the ban node code the pow killing bips and the threats and drama.
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