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Topic: ToominCoin aka "Bitcoin_Classic" #R3KT - page 62. (Read 157162 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
are views as to what constitutes a decentralized system differs to much...
Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't.

in my view its my duty as a bitcoiner to discuss my views on its future. this doesn't necessarily mean agreeing with the status quo. ( if we all just TRUST 1 group of devs to have our best interest in mind, WTF is the point??? )

also... Run by various government/institutions/corporations Can == decentralized

IF there is no central authority

so the peers are tend to be a level above individual poeple. Meh....

beside no one is stopping individuals to invest in a 10,000$ node and participate in this network i am suggesting.

That's a pretty big IF.

Most governments, institutions and corporations are fundamentally centralized. Hence why they each can be regulated.

the canadian government is not subject to the USA government in a centralized manner.

in a sense the systems of governance around the world are decentralized, each operating independently from each other working toward a common goal ( making pencils! )

when the governments meet at the united nations are they there to hear the wishes of a commander and chief and carry out his orders. or do they each act as individuals working ( trying to work ) toward a common goal, each with there own agenda.

So long as there are competing interest who are dependent on a consistent blockchain Bitcoin will remain decentralized.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
blockstream fanboys word of the months
january: doomsday

Um, XT/Classic fanboys been saying doomsday since a year ago. When is the apocalypse of "fee event" coming?

this is a case of racism i mean implementationism  Cheesy
just because some poeple that supported classic or XT said things doesn't mean all the supports said or continue to say the same thing.
it was a silly pressure tactic to win poeple over to XT, we all saw right through it.

sooner or later we will see if bitcoin implodes once blocks are 2MB in size....
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
are views as to what constitutes a decentralized system differs to much...
Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't.

in my view its my duty as a bitcoiner to discuss my views on its future. this doesn't necessarily mean agreeing with the status quo. ( if we all just TRUST 1 group of devs to have our best interest in mind, WTF is the point??? )

also... Run by various government/institutions/corporations Can == decentralized

IF there is no central authority

so the peers are tend to be a level above individual poeple. Meh....

beside no one is stopping individuals to invest in a 10,000$ node and participate in this network i am suggesting.

That's a pretty big IF.

Most governments, institutions and corporations are fundamentally centralized. Hence why they each can be regulated.
legendary
Activity: 1806
Merit: 1521
blockstream fanboys word of the months
january: doomsday

Um, XT/Classic fanboys been saying doomsday since a year ago. When is the apocalypse of "fee event" coming?
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
so peers are tend to be 1 level above individual poeple. Meh.... still decentralized IMO.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
are views as to what constitutes a decentralized system differs to much...
Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't.

in my view its my duty as a bitcoiner to discuss my views on its future. this doesn't necessarily mean agreeing with the status quo. ( if we all just TRUST 1 group of devs to have our best interest in mind, WTF is the point??? )

also... Run by various government/institutions/corporations Can == decentralized

IF there is no central authority

so the peers are tend to be a level above individual poeple. Meh....

beside no one is stopping individuals to invest in a 10,000$ node and participate in this network i am suggesting.
legendary
Activity: 2674
Merit: 3000
Terminated.
are views as to what constitutes a decentralized system differs to much...
Run by various government/institutions/corporations != decentralized coin. That's a "Capital Coin". If you want such a coin, just fork off with the existing support that you have already. Don't try turning Bitcoin into something that it isn't.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
hard to believe that Core implementing the necessary "fixes" for Blockstream to work ( a for profit company ) isn't guilty of the same thing...
They aren't adding any "fixes" solely for Blockstream. If you think that the Lightning Network is Blockstream's product, then you're wrong.

and 2MB is hardly a rushed impl. the rushed impl was rejected ( 20MB )...
It is being rushed (28 days grace period).

you make it sound so evil... I want Sybil attack to be harder to pull off. and I believe corporations/government/rich will also value decentralization and run their nodes from their own HQ. I see nothing wrong with the cost of running a full node rise so long as nodes remain distributed. I believe the nodes can be representative of end users as well, if it does end up costing 10,000$/ year to run a node i believe bitcoin will be 100-1000X more popular than today, and in that case, its OK for 1000's of people to "group buy" full nodes.
This seems similar to the nonsense that Veritas was spreading. I have no proper words to describe how stupid this is. Bitcoin was always about individual sovereignty, sovereignty which will be lost if you have a system where a node costs $10k. Bitcoin will only remain decentralized as long as running a node costs as little as possible.

are views as to what constitutes a decentralized system differs to much...
legendary
Activity: 2674
Merit: 3000
Terminated.
hard to believe that Core implementing the necessary "fixes" for Blockstream to work ( a for profit company ) isn't guilty of the same thing...
They aren't adding any "fixes" solely for Blockstream. If you think that the Lightning Network is Blockstream's product, then you're wrong.

and 2MB is hardly a rushed impl. the rushed impl was rejected ( 20MB )...
It is being rushed (28 days grace period).

you make it sound so evil... I want Sybil attack to be harder to pull off. and I believe corporations/government/rich will also value decentralization and run their nodes from their own HQ. I see nothing wrong with the cost of running a full node rise so long as nodes remain distributed. I believe the nodes can be representative of end users as well, if it does end up costing 10,000$/ year to run a node i believe bitcoin will be 100-1000X more popular than today, and in that case, its OK for 1000's of people to "group buy" full nodes.
This seems similar to the nonsense that Veritas was spreading. I have no proper words to describe how stupid this is as this goes against everything that Bitcoin stood for over the years (and what was trying to be achieved). Bitcoin was always about individual sovereignty; sovereignty which will be lost if you have a system where a node costs $10k or more per year. Bitcoin will only remain decentralized as long as running a node costs as little as possible.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
We already have mainstream/datacenter coin. It's called paypal.





i want a crypto decentralized amongst  gov/company/bank/universities/etc.

Most companies in the field today already use centralized services and don't even run their own node.

Ever heard about specialization? You really are clueless heh
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
We already have mainstream/datacenter coin. It's called paypal.





i want a crypto decentralized amongst  gov/company/bank/universities/etc.

not a centralized system controlled by 1 company
paypal doesn't allow me to generate my own account to which they dont have and never will have the private keys too.
paypal doesn't have to have 1000 other companies and participants agree with it when it wants to make a change to its protocol.


you see the dif?

I am an extremist when it comes to "blocksize"
I see the model for global governance emerge from this technology.
the decentralization of world domination!
muahahahahha!



becoming a peer on this network is going to be anything but Cheap!

on second thought it might be Cheap like dirt relatively speaking... 1/10thmillion sounds cheap like dirt for what i'm suggesting wouldn't you say?
legendary
Activity: 1260
Merit: 1002
I like the irony. XT and Classic supporters claim their plans won't lead to datacenter model for nodes. But before they even manage to fork the network.... they already run all their nodes through datacenters. Cheesy

you can whine and bitch all you want about how "centralized" datacenter coin will be.
no one will believe you because they KNOW that each gov/company/bank/universities globally run their nodes independently 
bitcoin will not be able to compete, the allure of max decentralization will be meaningless VS the power that backs mainstreamcoin
i do not believe this is avoidable, if its not bitcoin that becomes the mainstream coin it will be made to compete with it.

CheapNodeCoin Vs MainstreamCoin

grab your popcorn!

Woah that clueless statist rant..

Bitcoin is clearly not for you, time to move on.
legendary
Activity: 1708
Merit: 1049
We already have mainstream/datacenter coin. It's called paypal.



legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
I like the irony. XT and Classic supporters claim their plans won't lead to datacenter model for nodes. But before they even manage to fork the network.... they already run all their nodes through datacenters. Cheesy

you can whine and bitch all you want about how "centralized" datacenter coin will be.
no one will believe you because they KNOW that each gov/company/bank/universities globally run their nodes independently  
bitcoin will not be able to compete, the allure of max decentralization will be meaningless VS the power that backs mainstreamcoin
i do not believe this is avoidable, if its not bitcoin that becomes the mainstream coin it will be made to compete with it.

CheapNodeCoin Vs MainstreamCoin

grab your popcorn!
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
anyone who wants to win is greedy?
Anyone who wants to rush temporary 'fixes' that would enable more people to join the system is most likely led by greed.
hard to believe that Core implementing the necessary "fixes" for Blockstream to work ( a for profit company ) isn't guilty of the same thing...

and 2MB is hardly a rushed impl. the rushed impl was rejected ( 20MB )...

also is there such a thing as too much decentralization for one's own good?
i would argue that yes of course, for example trying to make the world financial settlement layer run on a blueberry pi would be considered too much decentralization for one's own good...
Yes there is. Bitcoin would be most likely worthless if it weren't decentralized. If you want a coin that is run by corporations/government/rich people, then you've come to the wrong place.
you make it sound so evil... I want Sybil attack to be harder to pull off. and I believe corporations/government/rich will also value decentralization and run their nodes from their own HQ. I see nothing wrong with the cost of running a full node rise so long as nodes remain distributed. I believe the nodes can be representative of end users as well, if it does end up costing 10,000$/ year to run a node i believe bitcoin will be 100-1000X more popular than today, and in that case, its OK for 1000's of people to "group buy" full nodes.

SPV clients will always allow end user peers on the network at no cost.


considering the alternatives, everyone uses LN ( not sure why anyone would run a bitcoin node when they use LN... they will run LN nodes...)
now you have -10 incentives to run bitcoin nodes AND they are cheap to run, bacily making Sybil attack much cheaper, and much more valuable.
legendary
Activity: 2674
Merit: 3000
Terminated.
anyone who wants to win is greedy?
Anyone who wants to rush temporary 'fixes' that would enable more people to join the system is most likely led by greed.

also is there such a thing as too much decentralization for one's own good?
i would argue that yes of course, for example trying to make the world financial settlement layer run on a blueberry pi would be considered too much decentralization for one's own good...
Yes there is. Bitcoin would be most likely worthless if it weren't decentralized. If you want a coin that is run by corporations/government/rich people, then you've come to the wrong place.

But before they even manage to fork the network.... they already run all their nodes through datacenters. Cheesy
We're just having a date with Sybil. Roll Eyes

legendary
Activity: 1806
Merit: 1521
I like the irony. XT and Classic supporters claim their plans won't lead to datacenter model for nodes. But before they even manage to fork the network.... they already run all their nodes through datacenters. Cheesy
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight

why is no one voting god damnit!

The left chart is bullshit.

Run your bitcoin-qt...

Click help, debug window.

Click peers.

Wait a bit until the 8 peers fill.

Tell us how many of the 8 peers are "classic".

I never get more than 2 "classic". Usually it's either zero or one.


Ha. Haha. Hahahahah. HahaHahaHahAHAHA.

'the 8 peers'

hoo boy, that's rich.

Even better - 2 of 8 Classic is... err ... how many ? .... get mah fingers out ... hum - that can't be right? I'm coming up with about a quarter!? Lemme do this again
legendary
Activity: 1708
Merit: 1049

why is no one voting god damnit!

The left chart is bullshit.

Run your bitcoin-qt...

Click help, debug window.

Click peers.

Wait a bit until the 8 peers fill.

Tell us how many of the 8 peers are "classic".

I never get more than 2 "classic". Usually it's either zero or one.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
 Roll Eyes ToominCoin  is #R3KT?  maybe not....
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