Topic: Show me your Bitcoin XT - page 2. (Read 8842 times)
The topic has been demoted to the altcoin section. Theymos could be against the hard fork?
Well well. It used be that Bitcoin sat on its might throne
calling every other coin a "shitcoin". And now... it's just another
altcoin. No, make that two altcoins
You know how I can tell you haven't read the thread?
Well well. It used be that Bitcoin sat on its might throne
calling every other coin a "shitcoin". And now... it's just another
altcoin. No, make that two altcoins
OK, started to panic a bit about this whole fork talk. So I read the whole thread a little more carefully. So what is going on here is that the new client (XT) runs on the same block chain as the old client (core). The XT will just be ready to support the fork if or when it comes. So all that FUD about there is now two type of coins is not true. Since they run on the blockchains is it the same coins bassically. Only after the fork will there be possibility to do the trix with having "double" the coins, but at that time should there be consensus what chain to run, and one will no consensus will just die, since no bitcoin exhange would accept that chain. Right?
Exactly. Although some people and exchanges might still accept the old chain, since it has a significantly lower hashrate but still a high difficulty, the blockchain would become insecure and prone to attacks. This would prompt people to switch to the new chain if they hadn't already. 
OK, started to panic a bit about this whole fork talk. So I read the whole thread a little more carefully. So what is going on here is that the new client (XT) runs on the same block chain as the old client (core). The XT will just be ready to support the fork if or when it comes. So all that FUD about there is now two type of coins is not true. Since they run on the blockchains is it the same coins bassically. Only after the fork will there be possibility to do the trix with having "double" the coins, but at that time should there be consensus what chain to run, and one will no consensus will just die, since no bitcoin exhange would accept that chain. Right?
What about Bitcoin Core implementing BIP 100? Seems like the reasonable to thing to push for now instead of multiple reference clients.
Can I use BitcoinXT with multibit?
and may I ask you, why you didn't read at least basics before posting here?
Can I use BitcoinXT with multibit?
I was somewhat pro 20MB block limits before but I have yet to install Bitcoin XT because I am leery of Centralized Authoritarian Mike Hearn's involvement in all of this. Instead, I have added another 6 new Bitcoin core nodes.
Well, i'm as a SPV wallet user just watching this thread while people are arguing about bitcoin core & XT
So, can we use bitcoin core if most people alreadu running bitcoin XT in full node mode ?
You should be able to choose your full node server and could choose a BTCore server I guess. So, can we use bitcoin core if most people alreadu running bitcoin XT in full node mode ?
I'm also switching my node to XT.
I've already switched mine. Doubled my bitcoin in five minutes. If anyone wants to buy BitcoinCore bitcoin, I'll sell them for a discount of $175. I am also selling the new bitcoin BitcoinXt for $250. Send me a PM with your address. I can make the trade today.Even if you wanted to you can't separate them as the TX's are identical and valid on both chains... and there is only one chain right now.
Later AFTER the hardfork you MIGHT be able to separate them via doublespend attack against yourself, but if things got that far no one would be accepting the old chain anymore.
How does this work?
I have the same bitcoins in bitcoin and in bitcoinxt or how do I move my bitcoins to xt?
I have the same bitcoins in bitcoin and in bitcoinxt or how do I move my bitcoins to xt?
As I understand it, you need to download the new client for bitcoin-xt. Still it wouldn't affect your coins that much, it will still be working in one chain. Sooner or later when bitcoin-xt was the most used fork in the block chain, your coins in the bitcoin-xt client would be the valid coins you can use for spending and the older bitcoin core coins would be pretty much useless as it will not be recorded on the chain whether it was spent or not, mainly because the chain that we are following would be bitcoin-xt and not the bitcoin core. (Did I get it right? Correct me if I get some points wrong.)
But if you hurry and load bitcoinXT today, you'll double your coins because they will both be worth something for a while longer. Only the people who wait - don't double their coins.
Anyone want to buy some bitcoinXT - I've got a shitload available. I sold all the bitcoinCore already (for $195!) - suckers! Those are going to be worth nothing soon. Don't wait.
Just read my reply again and I'm pretty sure I haven't stated anything about two different block chains. Seems like you didn't understand my reply. What I'm saying is, when the Bitcoin-XT fork becomes the widely-used version of bitcoin in the whole network, the coins that are in the Bitcoin-Core client couldn't be spend and will be invalid for transactions whereas the Bitcoin-XT coins would be the coins that could be spent and are valid for transactions. Also, reading from different threads, you could still import the privkeys from Bitcoin-Core to Bitcoin-XT and have the same amount of bitcoins. That is what I learned in reading some threads about Bitcoin-XT.
I agree with dothebeats
no tension .... no fear ...... stay calm & cool !!!
In all the nonsense, that is going on in this thread, I have a serious question.
When there would really be 2 forks, every transactions from fork A can easily published to fork B.
So, to prevent a transaction from happening on Fork B, when I put it on fork A. Say sending 1 BTC from address X to address Y, I would have to make a second transaction, sending all my Bitcoin from address X to address Z. Am I right here?
When there would really be 2 forks, every transactions from fork A can easily published to fork B.
So, to prevent a transaction from happening on Fork B, when I put it on fork A. Say sending 1 BTC from address X to address Y, I would have to make a second transaction, sending all my Bitcoin from address X to address Z. Am I right here?
Note several things:
- Transactions which are re-played are still not accessible without the private key to which outputs are sent. Lots of transactions are sent to oneself, or could be as needed.
- Any block reward from a newly mined block is unique to the chain on which is resides. On one of these threads I've described how as soon as XT produces a block which is illegal by current Core standards, 'XTaint' will be released into the wild. It can be mixed into transactions (on XT) for fun and profit. (Same works for Core or any other fork as well of course.)
One weapon of war would be to for one fork to analyze the chains of other forks and integrate certain metadata for use in determining legality and value of outputs. Weaker forks might try it as an element of asymmetric warfare, but it's not a very long-term solution. Any fork which employs it is likely to eventually mandate a forced spend and implement certain kinds of color-listing. And eventualy shrivel and die.
In all the nonsense, that is going on in this thread, I have a serious question.
When there would really be 2 forks, every transactions from fork A can easily published to fork B.
So, to prevent a transaction from happening on Fork B, when I put it on fork A. Say sending 1 BTC from address X to address Y, I would have to make a second transaction, sending all my Bitcoin from address X to address Z. Am I right here?
When there would really be 2 forks, every transactions from fork A can easily published to fork B.
So, to prevent a transaction from happening on Fork B, when I put it on fork A. Say sending 1 BTC from address X to address Y, I would have to make a second transaction, sending all my Bitcoin from address X to address Z. Am I right here?
Is there a way to see how current percentage of people running xt over core?
i doubt there is, many are not even running full node, or they just fire it up and close it 2 minutes later
but anyway it should still be a low %, just someone is trying it
Also, thank you for selling your "BitcoinCore coins", leave them for those who truly understand Bitcoin, the blockchain and its implications
Let's see if you are still saying that when bitcoinCore coins are selling for $1 and bitcoinXT are selling for $1000. Dumbass.
Is there a way to see how current percentage of people running xt over core?
Is everyone in this thread trolling or are people really that stupid?
People are really this stupid. And probably also mega trolls.
Sorry - you got it wrong. There won't be two chains! There will just be bitcoinCore and bitcoinXT - both on the same chain!. Ever how many coins you have now, you'll have the same amount of both types. One will become worthless (bitcoin core) the other will be valuable same as you know it today.
But if you hurry and load bitcoinXT today, you'll double your coins because they will both be worth something for a while longer. Only the people who wait - don't double their coins.
Anyone want to buy some bitcoinXT - I've got a shitload available. I sold all the bitcoinCore already (for $195!) - suckers! Those are going to be worth nothing soon. Don't wait.
But if you hurry and load bitcoinXT today, you'll double your coins because they will both be worth something for a while longer. Only the people who wait - don't double their coins.
Anyone want to buy some bitcoinXT - I've got a shitload available. I sold all the bitcoinCore already (for $195!) - suckers! Those are going to be worth nothing soon. Don't wait.
If both are the same chain, they are both the same coin. Nobody doubles Bitcoins out of thin air.
You are still in time to correct yourself and search about this topic: there's plenty of information around. No need to spread things that are not true.
Also, thank you for selling your "BitcoinCore coins", leave them for those who truly understand Bitcoin, the blockchain and its implications
How does this work?
I have the same bitcoins in bitcoin and in bitcoinxt or how do I move my bitcoins to xt?
I have the same bitcoins in bitcoin and in bitcoinxt or how do I move my bitcoins to xt?
As I understand it, you need to download the new client for bitcoin-xt. Still it wouldn't affect your coins that much, it will still be working in one chain. Sooner or later when bitcoin-xt was the most used fork in the block chain, your coins in the bitcoin-xt client would be the valid coins you can use for spending and the older bitcoin core coins would be pretty much useless as it will not be recorded on the chain whether it was spent or not, mainly because the chain that we are following would be bitcoin-xt and not the bitcoin core. (Did I get it right? Correct me if I get some points wrong.)
How does this work?
I have the same bitcoins in bitcoin and in bitcoinxt or how do I move my bitcoins to xt?
I have the same bitcoins in bitcoin and in bitcoinxt or how do I move my bitcoins to xt?
As I understand it, you need to download the new client for bitcoin-xt. Still it wouldn't affect your coins that much, it will still be working in one chain. Sooner or later when bitcoin-xt was the most used fork in the block chain, your coins in the bitcoin-xt client would be the valid coins you can use for spending and the older bitcoin core coins would be pretty much useless as it will not be recorded on the chain whether it was spent or not, mainly because the chain that we are following would be bitcoin-xt and not the bitcoin core. (Did I get it right? Correct me if I get some points wrong.)
But if you hurry and load bitcoinXT today, you'll double your coins because they will both be worth something for a while longer. Only the people who wait - don't double their coins.
Anyone want to buy some bitcoinXT - I've got a shitload available. I sold all the bitcoinCore already (for $195!) - suckers! Those are going to be worth nothing soon. Don't wait.
Seriously folks, ignore the FUD. There is no altcoin. You cannot double-sell. There is only one chain. Installing XT casts your vote for a potential future increase in max block size. Such a future increase will ONLY occur if/when 95% of mined blocks support it.
From what I understand if the 1mb limit is reached then transactions will take a very long time or not be completed at all. And so many will trade their bitcoins for fiat or altcoins, and the network should return to normal. The cost is the price of bitcoin will go down quite a lot.
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