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Topic: Poll: Mike H. Interview - Convincing or not? - page 7. (Read 4958 times)

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
September 30, 2015, 11:27:57 AM
#16
He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.

Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.

The limit should be lift off completely. The network has its own limitations and doesn't need an artificial one at all.

Wait are you saying that the blocksize should have no limit? It seems to me that you don't understand how this thing works at all. Are you aware of all the massive exploits the system could be exposed to if that was the case?

To put a more clear analogy, it was as if you went to a regular everyday car's motor and lifted the max revolutions to limitless. You know what's going to happen once you get past what the actual motor can deal with. This is the case with Bitcoin, thats why a blocksize limit exists at all.

Don't concern yourself with him. He lives in bizarro world and desires a corporate takeover of Bitcoin
legendary
Activity: 868
Merit: 1006
September 30, 2015, 10:59:09 AM
#15
He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.

Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.

The limit should be lift off completely. The network has its own limitations and doesn't need an artificial one at all.

Wait are you saying that the blocksize should have no limit? It seems to me that you don't understand how this thing works at all. Are you aware of all the massive exploits the system could be exposed to if that was the case?

To put a more clear analogy, it was as if you went to a regular everyday car's motor and lifted the max revolutions to limitless. You know what's going to happen once you get past what the actual motor can deal with. This is the case with Bitcoin, thats why a blocksize limit exists at all.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
September 30, 2015, 10:57:04 AM
#14
thx for sharing. good interview.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
September 30, 2015, 09:54:34 AM
#13
Playing down BIP100 and playing the fool with Chinese miners, is not a good idea... and that is what he is trying to do. He is using the "fear factor" again to force people to look at

XT as the solution. He also wants to make a soft and cozy place for all the developers who are not part of the Core team.

If and when BIP 100 goes through, XT will be quickly forgotten. I had to smile when I saw the first comment on that video... " do not install bitcoin xt trojan "

BIP100 has no chance of going through. Don't get fooled by "miners votes"
legendary
Activity: 1904
Merit: 1074
September 30, 2015, 09:50:55 AM
#12
Playing down BIP100 and playing the fool with Chinese miners, is not a good idea... and that is what he is trying to do. He is using the "fear factor" again to force people to look at

XT as the solution. He also wants to make a soft and cozy place for all the developers who are not part of the Core team.

If and when BIP 100 goes through, XT will be quickly forgotten. I had to smile when I saw the first comment on that video... " do not install bitcoin xt trojan "
jr. member
Activity: 42
Merit: 1
September 30, 2015, 09:30:28 AM
#11
What I've learned from this is that XT nodes are masking themselves as Core to avoid DOS attacks.
We need Core nodes to pretend they are XT to counter that! Oh, wait... No! Grin

The above only demonstrates that Bitcoin consensus rules need to be rigid and simple so that everyone involved could just remember them and be able to verify if the need arises. A static limit on block size held for a certain (long enough) period of time satisfies that condition in the best possible way.

I also believe that Bitcoin's ledger needs to remain transparent and traceable to prevent corruption and illegal activity on all levels (including that of ruling elites), this should be done in a decentralized way, though an exact solution isn't fairly clear at the moment. It won't solve the problem completely as other competing solutions will provide better anonymity options, but the main monetary backbone for the society needs to be clear.

To put it simply, Bitcoin is an inclusive technology not exclusive and therefore governments will be involved in this one way or another as it is a PoWer play for them. What's important is that the network rules are enforced by the majority of its users and not a small group of select few. The current static limit of 1MB needs to prove itself in action and serve this purpose in order for Bitcoin to be sustainable over the long periods of time and maintain its value.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
September 30, 2015, 09:02:00 AM
#10
He looks like the type of bloke who'd invite you to stay at his house, throw you down a well while you're having a piss in the garden and spend the entire night trying to guilt trip your girlfriend into moving his cock around. Thus I don't find him a comforting presence.

 Cheesy

nailed it
hero member
Activity: 784
Merit: 501
September 30, 2015, 08:50:27 AM
#9
Quote from: Hearn
- BIP100, is a bit unclear right now, if everyone agrees to that, will change bitcoin xt
Hearn will do anything in XT to get the control. It would take a second for him to throw away BIP 101 and embrace BIP 100. His goal is very clear. To be at the epicenter of bitcoin development.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 30, 2015, 08:48:31 AM
#8
He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.

Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.

The limit should be lift off completely. The network has its own limitations and doesn't need an artificial one at all.

That idea would never gain consensus. My solution is a compromise that works and has a chance of winning consensus.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
September 30, 2015, 08:13:23 AM
#7
You should also add another option:
"Haven't seen it, Don't care"  Wink
Maybe we can add that option in a poll. That would be nice. Some people don't care about the 'corporate' words but instead I want to see actions.
I want devs to change bitcoin to be better, and not talk how it can be great while arguing with each other in the meantime.
legendary
Activity: 1372
Merit: 1000
--------------->¿?
September 30, 2015, 07:53:33 AM
#6
He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.

Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.

The limit should be lift off completely. The network has its own limitations and doesn't need an artificial one at all.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 30, 2015, 07:51:30 AM
#5
He looks like the type of bloke who'd invite you to stay at his house, throw you down a well while you're having a piss in the garden and spend the entire night trying to guilt trip your girlfriend into moving his cock around. Thus I don't find him a comforting presence.
hero member
Activity: 1582
Merit: 502
September 30, 2015, 07:37:34 AM
#4
You should also add another option:
"Haven't seen it, Don't care"  Wink
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
September 30, 2015, 07:33:58 AM
#3
He's still pushing BIP101 which is probably the worst idea since the invention of software. Gavin and Mike are insane to keep sticking with that concept of doubling the max block size every two years.

Increase max blocksize to 8MB and make the change static, that's the best solution. Then fork again in a few years as/if needed.
legendary
Activity: 952
Merit: 1005
--Signature Designs-- http://bit.ly/1Pjbx77
September 30, 2015, 06:48:28 AM
#2
The question is not really appropriate. There was nothing to "convince". I would say it was a fair interview and it was interesting to hear his side of the story.

Quote from: Hearn
- right now, it's (bitcoin xt) the only software that can raise the blocksize and scale the network
- bitcoin core is not giving people a choice in raising capacity of the system
- BIP100, is a bit unclear right now, if everyone agrees to that, will change bitcoin xt

He had to say that to make XT sound good  Cheesy

Other interesting points you can hear for yourself:

12:57  Banks using blockchain not bitcoin
14:12  Other solution if xt is off the table
19:16  Animosity amoung devs  Wink
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