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Topic: The Anti-XTers Are Harming Bitcoin - page 4. (Read 5465 times)

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 22, 2015, 08:01:14 PM
#94
icebreaker, just to be clear on your position, are you advocating leaving the 1mb in place ?

Yes, until such time as the network experiences Actual Congestion® (competitive fees failing to properly prioritize their transactions).

The 'stress tests' were supposed to cause that, but backfired spectacularly as consequent improvements (EG RBF) to nodes/pools/wallets/miners strengthened the network.

That's what happens when you attack an antifragile system.  When (and only when) faced with adversity, Bitcoin gains in resiliency.   Cool

Please note XT displays no such antifragile attributes, and is stagnating/shrinking under the weight of revelations about its suspiciously hidden anti-Tor/privacy invading/blacklisting/centralized "final call" features.

full member
Activity: 157
Merit: 103
Salí para ver
August 22, 2015, 08:00:20 PM
#93
Bitcoin is the longest proof-of-work chain composed of valid transactions.  If BIP101 (whether through XT, Core or some other implementation) gains 75% of hash power support, it will become the longest chain and thus it will empirically be "Bitcoin."  The other chain--assuming it doesn't die very quickly--would IMO become largely irrelevant.    




Amazing, so if I create DelekCoin using the same blockchain than Bitcoin but processing transactions like: Inputs are outputs, satoshis value are multiplied by 3.1415962 and every address starting with 1DELEK gets all fees from every transaction it will be part of Bitcoin?, AMAZING. I will do that. Ooooppss, but I will not have consensus  Sad Bingo, that's what is happening with altcoin-Bitcoin XT!!!!!!!!!
legendary
Activity: 1582
Merit: 1006
beware of your keys.
August 22, 2015, 07:59:23 PM
#92
i should talk about...

unless you can sure that we could have enough spaces for blockchain, in which majority of the full node users could afford it.
legendary
Activity: 1162
Merit: 1010
August 22, 2015, 07:55:48 PM
#91
This thread (as well) should be moved into the correct subforum: https://bitcointalk.org/index.php?board=67.0

That said, I don't see any logical connection why being against a particular Altcoin could harm Bitcoin.

Bitcoin is the longest proof-of-work chain composed of valid transactions.  If BIP101 (whether through XT, Core or some other implementation) gains 75% of hash power support, it will become the longest chain and thus it will empirically be "Bitcoin."  The other chain--assuming it doesn't die very quickly--would IMO become largely irrelevant.    



legendary
Activity: 3430
Merit: 3083
August 22, 2015, 07:37:45 PM
#90
This thread (as well) should be moved into the correct subforum: https://bitcointalk.org/index.php?board=67.0

I fully agree, Theymos is taking an odd position. Being inconsistent like this harms his reputation, and doesn't help the issue he favours, as the XT threads he leaves in Discussion are attracting more attention this way.

Even though it's his forum and he can do as he likes, and that's my overriding attitude to the issue, I really wish it wasn't like this. Can't have it all I suppose.
legendary
Activity: 1806
Merit: 1024
August 22, 2015, 07:25:30 PM
#89
This thread (as well) should be moved into the correct subforum: https://bitcointalk.org/index.php?board=67.0

That said, I don't see any logical connection why being against a particular Altcoin could harm Bitcoin.

ya.ya.yo!
full member
Activity: 157
Merit: 103
Salí para ver
August 22, 2015, 07:19:29 PM
#88
Since when THE MAJORITY is harming Bitcoin? Stop saying this SHIT; at least until the XT miners/nodes count reach a no-miserable value. PS: that will never happen.  Kiss
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
August 22, 2015, 07:07:17 PM
#87
icebreaker, just to be clear on your position, are you advocating leaving the 1mb in place ?
Zz
legendary
Activity: 1820
Merit: 1077
August 22, 2015, 07:03:00 PM
#86
The Anti-XTers Are Harming Bitcoin. I fixed that for you. Wink

Bigger block size =/= BitcoinXT

Stop cheap manipulation.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 22, 2015, 06:56:06 PM
#85
What anti-XTers fail to do is present a LOGICAL ARGUMENT against XT. They appeal to emotion. Gut feelings. Fear. They do not provide coherent argumentation based on facts and evidence.

Just like Gavin and Mike, you are misleading the public.

In reality, "coherent argumentation based on facts and evidence" has been provided in spades.

Quote

The vast majority of research demonstrates that blocksize does matter, blocksize caps are required to secure the network, and large blocks are a centralizing pressure.

Here’s a short list of what has been published so far:

1) No blocksize cap and no minimum fee leads to catastrophic breakage as miners chase marginal 0 fees:

    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2400519

It’s important to note that mandatory minimum fees could simply be rebated out-of-band, which would lead to the same problems.

2) a) Large mining pools make strategies other than honest mining more profitable:

    http://www.cs.cornell.edu/~ie53/publications/btcProcArXiv.pdf

2) b) In the presence of latency, some alternative selfish strategy exists that is more profitable at any mining pool size. The larger the latency, the greater the selfish mining benefit:

    http://arxiv.org/pdf/1507.06183v1.pdf

3) Mining simulations run by Pieter Wuille shows that well-connected peers making a majority of the hashing power have an advantage over less-connected ones, earning more profits per hash. Larger blocks even further favor these well-connected peers. This gets even worse as we shift from block subsidy to fee based reward :

    http://www.mail-archive.com/[email protected]/msg08161.html

4) Other point(s):

If there is no blocksize cap, a miner should simply snipe the fees from the latest block and try to stale that block by mining their own replacement. You get all the fees plus any more from new transactions. Full blocks gives less reward for doing so, since you have to choose which transactions to include. https://www.reddit.com/r/Bitcoin/comments/3fpuld/a_transaction_fee_market_exists_without_a_block/ctqxkq6




Quote
legendary
Activity: 1288
Merit: 1000
August 22, 2015, 06:06:30 PM
#84
Yeah, supporting bigger blocks is not the same as XT.

Fellow above nailed it.

Bigger blocks = fine. Hostile takeover = wrong.

I consider the blockstream devs stonewalling of any reasonable increase proposal to be a hostile takeover.
Hostile takeover in the bitcoin reality is probably really unlikely to happen. People need to agree and then accept changes and therefore change fork and upgrade core protocol.
This is impossible with small numbers. It is so hard to find unbiased and good arguments to support XT with every changes they propose that XT takeover is impossible.
sr. member
Activity: 252
Merit: 251
August 22, 2015, 05:52:40 PM
#83
Yeah, supporting bigger blocks is not the same as XT.

Fellow above nailed it.

Bigger blocks = fine. Hostile takeover = wrong.

offering another software and hoping miners will use it is not a hostile takeover.
nobody is forced to do anything

in case of a fork i will own and keep btc and btcxt.
legendary
Activity: 3430
Merit: 3083
August 22, 2015, 05:51:41 PM
#82
Yeah, supporting bigger blocks is not the same as XT.

Fellow above nailed it.

Bigger blocks = fine. Hostile takeover = wrong.

I consider the blockstream devs stonewalling of any reasonable increase proposal to be a hostile takeover.

They're already in charge.  Roll Eyes
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
August 22, 2015, 05:49:32 PM
#81
Yeah, supporting bigger blocks is not the same as XT.

Fellow above nailed it.

Bigger blocks = fine. Hostile takeover = wrong.

I consider the blockstream devs stonewalling of any reasonable increase proposal to be a hostile takeover.
legendary
Activity: 1090
Merit: 1000
August 22, 2015, 05:47:32 PM
#80
Yeah, supporting bigger blocks is not the same as XT.

Fellow above nailed it.

Bigger blocks = fine. Hostile takeover = wrong.
sr. member
Activity: 252
Merit: 251
August 22, 2015, 05:40:51 PM
#79

The problem is you kids are too young to remember when extended RAM made the 640k (1MiB for all you pedants) limit moot.

very good example...

it was horrible dealing with EMM386.EXE/HIMEM.SYS under dos to deal with it (=extended blocks).
luckily modern systems dont have this problem any more and can address the whole memory (=bigger blocks).
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
August 22, 2015, 05:36:12 PM
#78
I'd rather take my chances with Mike's fork
than be subservient to Blockstream and their plans to keep the 1mb in
place forever.

Adam Back, the Godfather of Bitcoin and boss of Blockstream, proposed an idea called 'extension blocks' which would make the 1mb cap more or less moot.

NMF not enough people are capable of appreciating the elegance of such a brilliant kludge.

The problem is you kids are too young to remember when extended RAM made the 640k (1MiB for all you pedants) limit moot.

You want a big, showy, capital-E Event to make Bitcoin moon, and you rich overnight.

Too bad XT is getting #rekt, and you will lose everything should you be courageous enough to accept XTcoins.   Cheesy
member
Activity: 84
Merit: 10
August 22, 2015, 04:28:21 PM
#77
When you push for bigger block sizes, and even force for it... I have no problem. Most people agree, we need bigger block sizes BUT when you sneak code in to compromise people's

privacy and counter Tor use, and also gear your changes to make it easier for your own APP's to work. {Lighting network} ...Well with that I have a huge problem.

Both Gavin and Mike are brilliant developers, but they sold us out to the US government, by doing these things.  Angry If you cool with that... you betting on the wrong side.  

Interesting idea. Perhaps I agree.
full member
Activity: 140
Merit: 101
August 22, 2015, 11:46:36 AM
#76
OP basically makes the same argument the Anti-XTers do, only in reverse.  There is a legitimate split of opinion here.  It is a highly charged issue that involves BOTH technical and use/control issues.

The OP is engaging in the same dramatic politics as some of the Anti-XTers.  It is happening on both sides.

To simplify....

The XTers are arguing that their way is best, and they believe so strongly in it that they are willing to do anything to make it happen. This is evidenced by the fact that they HAVE done it - they have started the process, and they most likely do/will have the backing of the Exchanges/majority miners, and 75% will be achieved, and XT will happen.  I think everyone is aware that this is probably a much greater than 50% chance of happening.

The Anti-XTers are arguing that their way is best, and they believe so strongly in it that they are willing to do anything to make it happen. This is evidenced by the fact that they ARE doing it - they are finding a very solid base of people/groups that are rallying to the defense of Core, and they are clearly setting the stage to launch a counter-offensive in order to protect Core if the Hardfork occurs.  I think everyone is aware that this is probably at least a 50% chance of this happening, and even if it goes into a semi-dormancy, it could easily stage a comeback within 6 months or so as Degree of Diffculty in Mining subsequently recedes... and Core takes on an "underground" alt-original-bitcoin status.  And just to be clear - it could easily become established with greater chance than other Alt coins - because their is emotional attachment and loyalty on a pretty deep level to Core.

So I think that BOTH sides better start sipping from the Reality Koolaid and try and work out a compromise - because BOTH sides are trying the same tricks, waging the same warfare, and clearly indicating they are serious and willing to go over the edge of the cliff to get what they want.  The main objections to a compromise as I see it are that (A) XT Players think they have the upper hand and are stubbornly refusing to budge.  (B) Ant-XTers think they have the moral high ground and are stubbornly refusing to budge. But in reality BOTH have some valid points - but they haven't been able to find time out of their busy schedule of politicking for their own side - to actually try and negotiate.

I personally am simply not taking it for granted that all is going to work out well.
sr. member
Activity: 252
Merit: 251
August 22, 2015, 11:26:20 AM
#75

You want bitcoin to succeed by dividing it,thats a very interesting concept.

Thats the point about FUD,depending how the perception goes you see fact or you see fud. But do you see "Stay Core" posts popping up left and right? Agenda driven XT can
keep blasting the forums or it can calm down and expalin itself.


i want bitcoin to succeed by making it usable by the masses. not just a few people. thats satoshis vision and thats why i come to bitcoin in the first place.

The other part was it to be permissionless, trustless and apolitical. Don't leave that part out, if you actually respect Satoshi's idea. If you're going to be selective about the founding principles, you should look up in the dictionary what the definition of the word "principle" is, as applied to this context.

i do. thats why i just wait what miners do.
what is in the blockchain or not is THEIR decision... like it or not.
what gets downloaded on your pc is YOUR decision by using the respective client.

no one is forced and anybody can do what HE wants.

i do respect that!

we'll see what the economy does in the end. personal freedom and self-responsibility at its best Wink
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