It shows how he has gone from pro-sovereign bitcoin to big blocker camp, and it's always the same with these guys, they go work with the banks and become big blockers.
He contradicted himself with so much stuff of what he is doing now. And he is being so aggressive lately in Bitcoin. He claims that everyone under the NYC thing is still going to follow the agreement and that (I quote) "SegWit2x will become Bitcoin" and "the price will be higher than the legacy chain".
Looks like Jeff Garzik thinks he can get away with it and not only avoid a price crash, but make the price go higher than the original chain...
Topic: Jeff Garzik's (SegWit2x developer) 180 (Read 292 times)
A nice summary of how Jeff Garzik has changed his narrative since he cut his hair, bought a suit and started working for blockchain-analysis companies. Including how he is doing what he criticized (trying to steal the "bitcoin" brand with his btc1 segwit2x nonsense)
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.3204526
Jeff Garzik (Technology advisor to premined coins PO.ET and Civic)
Source: https://bitcointalksearch.org/topic/m.3579674
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.2568306
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.2043056
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1784729
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1633102
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1621672
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1549003
Source: https://bitcointalksearch.org/topic/m.1496142
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1337894
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1231866
It is simple, provable engineering fact that storing data in transaction outputs makes block validation, double-spend checks and other critical consensus operations more expensive. More RAM is used on average. In general, it burdens the entire network. UTXO is our most critical resource currently.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.3204526
Do not premine, or other scamcoin traits.
Jeff Garzik (Technology advisor to premined coins PO.ET and Civic)
Source: https://bitcointalksearch.org/topic/m.3579674
Further, you cannot handwave away the problem that, if transactions is infinitesimally cheap, people will abuse the system by sending non-currency data messages. Lots of them. Gigabytes worth, as other alt-chain field experience has proven. To the point that bitcoin-the-currency transactions are impacted. "I want a system that can process infinite amounts of traffic" is in the land of unicorns. The accusation of dev laziness is particularly rich, given that SatoshiDICE abused the blockchain in this way, by sending informational messages (IM "You lost a bet") via the blockchain. If you want an infinite amount of transactions per 10 minutes, you have just reinvented the Internet... over the blockchain. Poorly.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.2568306
It's open source. Fork away. Though the consequence is that you remain at a higher, hardcoded fee level, and people will still dump megabytes worth of non-currency data into the blockchain (wikileaks cables etc.).
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.2043056
There have been chains of hashes and chains of digital signatures before. What makes bitcoin different is that it is timestamping these digital messages, and protecting those timestamps against being reversed. The currency aspect of bitcoin is simply a layer on top of the distributed timestamping service
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1784729
Any miner that increases MAX_BLOCK_SIZE beyond 1MB will self-select themselves away from the network, because all other validating nodes would ignore that change. Just like if a miner decides to issue themselves 100 BTC per block. All other validating nodes consider that invalid data, and do not relay or process it further.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1633102
In an unfunded open source project, arguing all day about the lack of full-engineering-team rigor is entirely wasted energy. Blame the dev team if that is your favorite target, that will not magically create extra time in the day or extra manpower to accomplish these extra tasks being demanded by non-contributors. The time spent whining about what an unfunded effort fails to do could be better spent, say, creating a test network of full nodes running all known bitcoind versions, 0.3 through present. And test, test, test changes through that.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1621672
A hard fork is a significant event that knocks legitimate users off the network, makes coins unspendable, or potentially makes the same coins spendable in two different locations, depending on whether or not you're talking to an updated node. It is, to pick a dramatic term, an Extinction Level Event. If done poorly, a hard fork could make it impossible for reasonable merchants to trust the bitcoins they receive, the very foundation of their economic value. Furthermore, a hard fork is akin to a Constitutional Convention: a hard fork implies the ability to rewrite the ground rules of bitcoin, be it block size, 21M limit, SHA256 hash, or other hard-baked behavior. Thus, there is always the risk of unpredictable miners, users and devs changing more than just the block size precisely because it makes the most engineering sense to change other hard-to-change features at the time of hard-fork. It is a nuclear option with widespread economic consequences for all bitcoin users.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1549003
Boy that's a shortsighted analysis. Bitcoin will grow layers above the base layer -- the blockchain -- that will enable instant transactions, microtransactions, and other scalable issues. Do not think that the blockchain is the only way to transfer bitcoins. Larger aggregators will easily compensate for current maximum block size in a scalable manner. All nation-state/fiat currencies are multi-layer. Too many people look at what bitcoin does now, and assume that those are the only currency services that will ever exist.
Jeff GarzikSource: https://bitcointalksearch.org/topic/m.1496142
It is not as good when obviously-still-learning people are billing their project as the "future of bitcoin" and misleading people into thinking they are a bitcoin expert, and are misleading people into thinking they are producing high quality, proven code (and potentially taking thousands of dollars for it). Those who are not coders lack the skills to judge this sort of thing, and only have hype from this thread to go on.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1337894
I think users with older clients, holders of older bitcoins quite appreciate the struggle to maintain backwards compat. Nobody wants to wake up in the morning, to discover that their money is unspendable outside of a required upgrade.
Jeff Garzik
Source: https://bitcointalksearch.org/topic/m.1231866
Jump to: