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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20982. (Read 26610960 times)

pa
hero member
Activity: 528
Merit: 501

That is all they got in the 0.022 years since the 8 MB XT code was released.  They have only  316'000 minutes left before the end of the year.  What a flop.

That's if we're to assume all these nodes are in actual XT-nodes  Wink

notbitcoinXT doesn't make any sense. if blocks are stamped with bitcoinXT, they contribute toward the 75% supermajority, correct?  why would anyone opposing XT want that supermajority activation triggered?

I lack the programming skills to see how this would slow XT adoption.

It would reduce the confidence miners considering adopting XT have that they will end up on the supermajority side of the fork. The fork may be triggered prematurely when only a minority of miners are really interested in XT.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2352
Merit: 1064
Bitcoin is antisemitic
notbitcoinXT doesn't make any sense. if blocks are stamped with bitcoinXT, they contribute toward the 75% supermajority, correct?  why would anyone opposing XT want that supermajority activation triggered?

I lack the programming skills to see how this would slow XT adoption.

Of course. It's another double bluff from the NSA-bag of dirty tricks.
Strange that anyone struggles to see it from a mile away.
sr. member
Activity: 252
Merit: 250
3200 BTC on Stamp to get through to get back to 250.


Now only 2,600 BTC on Stamp to get us back to 250.


legendary
Activity: 1512
Merit: 1005
Advice: Just think of XT as a security valve. If the core deadlock continues, the miners will opt out Wink

And leave Bitcoin in the hands of "benevolent" dictator Mike Hearn and his blacklists? Sure...  Roll Eyes

... there is no reason why the core devs can't update the fork when the dust settles.

"Update the fork" ?

How is that suppose to work again?

You just negotiate a deal with the NSA where you provide chinese miners as slaves in return for access to the mothership.

Or find common ground with the XT team and agree on an update. Or just do what Gavin and Hearn is doing.

Nahh.. NSA/Mothership.

common ground with the XT team ??  Cheesy Cheesy you haven't been following too well have you.

there is no place for common ground in XT: https://bitcoinxt.software/faq.html#who-is-involved

Quote
Decisions are made through agreement between Mike and Gavin, with Mike making the final call if a serious dispute were to arise.


... and he will include a link to the new code fork on his pages.
legendary
Activity: 1106
Merit: 1007
Hide your women

That is all they got in the 0.022 years since the 8 MB XT code was released.  They have only  316'000 minutes left before the end of the year.  What a flop.

That's if we're to assume all these nodes are in actual XT-nodes  Wink

notbitcoinXT doesn't make any sense. if blocks are stamped with bitcoinXT, they contribute toward the 75% supermajority, correct?  why would anyone opposing XT want that supermajority activation triggered?

I lack the programming skills to see how this would slow XT adoption.
hero member
Activity: 910
Merit: 1000
Bitcoin XT is the only viable implementation of BIP 101

It is not.  Any miner can make a copy of XT and remove the patches that he objects to.  Or make a copy of Core and add only those XT patches that implement vote-triggered 8MB limit.

If you are not a miner, you (or any programmer you trust) can make a copy of Core, simply raise the size limit to 8 MB,  and start running that version any time before the fork actually happens.

I'm not sure the masses of adopters are gonna do this / or even know-care about the possibility. Vanilla XT is the intended norm.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
maybe we will see the next bubble soon because bought coins are safe until the fork will happen or not.

thinking about to buy more Bitcoin core coins until the storm is over.
sr. member
Activity: 316
Merit: 250
Does Gavin still visit this forum?

nope!

Gavin Andresen

lurking not counted.

His last post was in early April.

https://bitcointalksearch.org/topic/m.11003988

I liked the way he was the first dev who wasn't anonymous which helped people to start trusting Bitcoin, but I'm not keen on this XT stuff. If the XT devs and the core devs could find some middle ground it could help put people's trust back in Bitcoin.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks

That is all they got in the 0.022 years since the 8 MB XT code was released.  They have only  316'000 minutes left before the end of the year.  What a flop.

That's if we're to assume all these nodes are in actual XT-nodes  Wink
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
About 12% of nodes are running XT with zero blocks mined.

If this number doesn't start rising XT will be DOA, Bitcoin will have worked as intended, and Gavin/Mike will have egg on their face for unnecessarily causing a rift and spooking the market.

I support a block size increase but not something as contentious as XT. There has to be a better solution.

Personally I think this will blow over soon and better solutions will be found.

I think the longer this debate continues the more toxic it will be for Bitcoin. One of my main interests in Crypto right now is as a counterbalance to financial instability I'm anticipating in September/October of this year. If there is a big market crash and/or US Dollar devaluation then Bitcoin may not stand to benefit at all if this debate isn't settled by then (and it looks like it won't be, what with conferences in September and November/December about this scaling issue). There is no such uncertainty about a contentious fork lingering over Litecoin for instance, so if Bitcoin looks to be in shambles throughout the rest of 2015 then don't be surprised if an altcoin might just overtake BTC in terms of market cap. The XT implementation doesn't seem like a big deal to me, although I would prefer it if the alternatives to XT were more clearly defined.

Never happening in a million years. Litecoin should not be considered "safe" just because there is no contentious fork... the infrastructure simply isn't there.
hero member
Activity: 910
Merit: 1003

That is all they got in the 0.022 years since the 8 MB XT code was released.  They have only  316'000 minutes left before the end of the year.  What a flop.
hero member
Activity: 611
Merit: 500
Anglo Saxon Crypto Enthusiast
About 12% of nodes are running XT with zero blocks mined.

If this number doesn't start rising XT will be DOA, Bitcoin will have worked as intended, and Gavin/Mike will have egg on their face for unnecessarily causing a rift and spooking the market.

I support a block size increase but not something as contentious as XT. There has to be a better solution.

Personally I think this will blow over soon and better solutions will be found.

I think the longer this debate continues the more toxic it will be for Bitcoin. One of my main interests in Crypto right now is as a counterbalance to financial instability I'm anticipating in September/October of this year. If there is a big market crash and/or US Dollar devaluation then Bitcoin may not stand to benefit at all if this debate isn't settled by then (and it looks like it won't be, what with conferences in September and November/December about this scaling issue). There is no such uncertainty about a contentious fork lingering over Litecoin for instance, so if Bitcoin looks to be in shambles throughout the rest of 2015 then don't be surprised if an altcoin might just overtake BTC in terms of market cap. The XT implementation doesn't seem like a big deal to me, although I would prefer it if the alternatives to XT were more clearly defined.
legendary
Activity: 1260
Merit: 1002
About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

Have you got the data for how many of those are nodes that have switched rather than new nodes ?  Wink

You can tell by the split on this that they're just not going to get 75%. Aint going to happen.

There are people with more economic power to thwart a change to XT than people who support it.

actually, they have usg behind so i would not opt out a total flood of AWS or other NSA crappy mirror xt nodes just before january (and before the halving obv..) just to pretend it is widely accepted and force the miners into it.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 910
Merit: 1003
Bitcoin XT is the only viable implementation of BIP 101

It is not.  Any miner can make a copy of XT and remove the patches that he objects to.  Or make a copy of Core and add only those XT patches that implement vote-triggered 8MB limit.

If you are not a miner, you (or any programmer you trust) can make a copy of Core, simply raise the size limit to 8 MB,  and start running that version any time before the fork actually happens.
hero member
Activity: 798
Merit: 1000
About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

Have you got the data for how many of those are nodes that have switched rather than new nodes ?  Wink

You can tell by the split on this that they're just not going to get 75%. Aint going to happen.

There are people with more economic power to thwart a change to XT than people who support it.



legendary
Activity: 2002
Merit: 1040
About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

A miner's ultimate incentive is the block reward which requires the survival and adoption of Bitcoin so that the reward can actually be worth something. A solution that causes investors to panic and devalue Bitcoin is not one that they would logically adopt.

legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
legendary
Activity: 1358
Merit: 1016
Does Gavin still visit this forum?
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