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Topic: Sign the BITCOIN RESTORATION PETITION!!!!!! - page 2. (Read 2538 times)

legendary
Activity: 1400
Merit: 1013
hero member
Activity: 617
Merit: 528
Yes. Lets keep it GPU only and concentrate all mining in Washington USA (cheapest power afaik), or outsource it to Russian Botnets (CPU).

The development of ASICs is a natural phenomenon. Crooks in an unregulated market are also a natural phenomenon.

You spent 32k on magic money making machines and got conned.

I feel your pain, but changing the protocol is not going to keep the crooks away.

sr. member
Activity: 264
Merit: 250
derp
Just your typical bro that's mad because he lost money. You should know it's a gamble, and you lost fair and square. Nothing to cry about. I bet if you made a bunch of profit, this thread wouldn't exist.

Nothing about ASIC is valid for coins.
legendary
Activity: 812
Merit: 1002
Just your typical bro that's mad because he lost money. You should know it's a gamble, and you lost fair and square. Nothing to cry about. I bet if you made a bunch of profit, this thread wouldn't exist.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
How much money have YOU lost from con artist ASIC companies??
$0
sr. member
Activity: 264
Merit: 250
derp
OP completely misunderstands proof-of-work security, as well as the implications of a hard fork.

How? Kindly explain.
legendary
Activity: 1722
Merit: 1004
OP completely misunderstands proof-of-work security, as well as the implications of a hard fork.
sr. member
Activity: 264
Merit: 250
derp
The only hashes that get used are the ones needed for the blockchain. The protocol actually generates a new hash for the chain appending, if you ever looked at it.
The hashes are't used, they are just counted as shares.
That's just the way hashing works.
That math function equals something.

demo here  ->  https://brainwallet.github.io/

the signed hash used equals part of the guy before him. Then it's signed.
sr. member
Activity: 264
Merit: 250
derp
How much money have YOU lost from con artist ASIC companies??
Me, $32k and counting.
It's been an expensive lesson to realize the $ was in trading but fuck me.
ASIC is just fucking st00pid, there is zero need for it, 90% of all hashes get counted and then dumped.
It provides zero additional security.

Send the fucking engineers back to the drawing board and switch the protocol restoring the technology back to cpu and gpu.
FUCK YOU ASIC!!!

and then switch it again in a year.

DRK has forked twice on purpose with zero issues, it's a signed fork.

Bitcoin is a community product, restore it back to the community.
It has zero purpose being industrialized.

http://www.reddit.com/r/Bitcoin/comments/29r2cq/sign_the_restoration_of_bitcoin_petition_here/
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