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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20890. (Read 26607375 times)

legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

you guys dont friggin get it.

THERE IS NO CHOICE

THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT

THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE

GOD DAMN YOU BLIND SHEEPS ALWAYS CRAVING TO FOLLOW SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT

YOU BUNCH OF RETARDS THAT JUST CANT STAND MORE THAN 3 MINS WITHOUT MISSING THE LEASH

I understand that you worry about your investment, but this is not healthy. Either get out of Bitcoin or show some dignity.

Edit:

You're not you when you're hungry.  Maybe you need a Snickers?

Yeah, and that.

sr. member
Activity: 378
Merit: 250

with bitfury and f2pool backing bip100, XT is basically dead.

time to move on.
Good news for cypto community
hero member
Activity: 910
Merit: 1000
How about?...

Firefox, Chrome, Opera ... those are implementations. Then there are the standards (read: consensus) that is provided (like it or not) through the W3C.

Anyone can of course go ahead and make their own standards.
legendary
Activity: 1554
Merit: 1000
......
You're not you when your hungry.  Maybe you need a Snickers?
Grin

An acid-tongued Joan Collins, if ever i saw one Wink
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1162
Merit: 1007
you guys dont friggin get it.

THERE IS NO CHOICE

This is false.  For example, the last sentence of the white paper reads:

   "Any needed rules and incentives can be enforced with this consensus mechanism."

suggesting that new rules can be added by choice, provided there is sufficient support for the new rule.  This, in fact, was how the 1MB anti-spam limit was added.  

The longest proof of work chain is the consensus mechanism.

Quote
THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT

False, Bitcoin has changed in many ways already: P2SH (modern multisig) for example.

The longest proof of work chain is the consensus mechanism.  

Quote
THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE

I would say it's more a meritocracy, or an influence-weighted democracy.  

The longest proof of work chain is the consensus mechanism.

Quote
GOD DAMN YOU BLIND SHEEPS ALWAYS KEEN ON FOLLOWING SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT

You're not you when you're hungry.  Maybe you need a Snickers?
legendary
Activity: 3431
Merit: 1233
Now it seems obvious that we should have several groups of developers working on competing implementations. 
I agree. Let us have 100 groups of developers working on competing implementations? But you know, from time to time developers need to eat! Who will finance them? Bitcoin is not an amateur game anymore. Bitcoin needs dedicated professionals working full time on any serious implementation.

We should be grateful for what Blockstream is dong for Core devs. This was a job originally planned for the Bitcoin Foundation but they are nearly bankrupt following Mike's and Gavin's advice to lobby and educate government. What they've got at the end for all the efforts and money they've spent is... Bitlicense.
legendary
Activity: 1260
Merit: 1002
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?


That's not a bad idea. I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.

I agree!  It's funny that I never really thought about it until this bigger-block controversy came up.  I just took it for granted that there was this one piece of fairly centralized software that all nodes ran.  

Now it seems obvious that we should have several groups of developers working on competing implementations.  When a decision is needed (e.g., the block size limit), each group can implement a proposed solution and the node operators and user base will migrate to the one that is most popular.  The other implementations will then make compatible adjustments to their code so that they (a) retain their user base, and (b) follow the longest chain.

you guys dont friggin get it.

THERE IS NO CHOICE

THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT

THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE

GOD DAMN YOU BLIND SHEEPS ALWAYS CRAVING TO FOLLOW SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT

YOU BUNCH OF RETARDS THAT JUST CANT STAND MORE THAN 3 MINS WITHOUT MISSING THE LEASH
hero member
Activity: 513
Merit: 511

Your Bitcoin died Cry


Bitcoin is perpetually resurrecting, so I see no problem.
http://bitcoinobituaries.com/
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?



I'm just going to quote myself since you didn't seem to bother replying in the other thread.

2. You absolutely don't understand or are being willingly misleading about this "centralization" issue. There is quite simply no other choice but for us to support a centralized (read unique) consensus code. That's pretty much the only way Bitcoin works. It happens that the core developers have historically been the one trusted with maintaining this code and updating it. Several implementations have been built around this consensus code. Most of them have little support for very valid reason: their implementation is generally considered less tested and therefore potentially less secure than core implementation. Now should we blame core for attracting the most competent developers in the space? Would it be rational to ask of them to each start dividing their work between different implementations just for the sake of "decentralization"?

The centralization issue you refer to is nothing more than a lack of man power. That is, only a scarce amount of people are reliable and technically able enough to handle the highly fragile development of Bitcoin. It is no wonder the guys currently leading core are some of the world's most advanced experts in their own field. This expertise cannot be easily replaced or dismissed "because decentralization". It is absolutely unproductive and irresponsible to try to advance decentralization of Bitcoin development by encouraging incapable people to start messing around with their own implementations and risk breaking consensus.
legendary
Activity: 1260
Merit: 1002
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?


That's not a bad idea. I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.

I agree!  It's funny that I never really thought about it until this bigger-block controversy came up.  I just took it for granted that there was this one piece of fairly centralized software that all nodes ran.  

Now it seems obvious that we should have several groups of developers working on competing implementations.  When a decision is needed (e.g., the block size limit), each group can implement a proposed solution and the node operators and user base will migrate to the one that is most popular.  The other implementations will then make compatible adjustments to their code so that they (a) retain their user base, and (b) follow the longest chain.

you guys dont friggin get it.

THERE IS NO CHOICE

THIS IS BITCOIN, YOU EITHER LIKE IT OR QUIT IT

THIS IS NOT A DEMOCRACY WHERE YOU CAN CHOOSE WHICH DEGENERATED BITCOIN TURD YOU LIKE

GOD DAMN YOU BLIND SHEEPS ALWAYS CRAVING TO FOLLOW SOME EGOMANIAC DEVELOPER/COMPANY OVER REDDIT
legendary
Activity: 1162
Merit: 1007
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?


That's not a bad idea. I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.

I agree!  It's funny that I never really thought about it until this bigger-block controversy came up.  I just took it for granted that there was this one piece of fairly centralized software that all nodes ran. 

Now it seems obvious that we should have several groups of developers working on competing implementations.  When a decision is needed (e.g., the block size limit), each group can implement a proposed solution and the node operators and user base will migrate to the one that is most popular.  The other implementations will then make compatible adjustments to their code so that they (a) retain their user base, and (b) follow the longest chain.
sr. member
Activity: 448
Merit: 251
If XT dies off that would be a great thing for those who have invested in Bitcoin. All of the controversy has brought the price right down. Once XT is gone for good the price will soar.
sr. member
Activity: 344
Merit: 250
How much will this pump before the next dump?
sr. member
Activity: 327
Merit: 250
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?



That's not a bad idea. I don't like the control the two competing teams of devs are exerting over what path Bitcoin takes. The more choices of implementations there are, the more choice he miners have over the path Bitcoin takes. If the miners chose to go with a new set of devs it could end this mess we are in.
legendary
Activity: 1260
Merit: 1002
legendary
Activity: 1162
Merit: 1007
There should be more than one implementation of the bitcoin protocol.
Also, there might be legitimate use cases for "enterprise" style full nodes etc.
I could think of a thousand reasons why XT could be useful, but the most important ones will likely be the ones I can't imagine right now.

Exactly.  What is wrong with the goal of decentralizing development across multiple competing implementations?

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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