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Topic: We need the bitcoin foundation to fix the blocksize problem (Read 1861 times)

legendary
Activity: 2674
Merit: 2965
Terminated.
Nothing to do with authority. It's Satoshis baby. He probably has a better thought or vision than anyone.
No, he certainly does not. This mindset is wrong. Please read this article. You can't expect satoshi to have all the perfect answers needed in the future just because he created Bitcoin. Regardless, satoshi is gone and it is time to stop calling him out in arguments.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
The whole community has seen it: BTC has a problem.
No, it does not.

I hope the BTC foundation could help the community to put the blocksize debate behind us.
Hopefully it does nothing.

I wish Satoshi would come out of the shadows to resolve this issue once and for all.
Please stop calling out ti Satoshi like he's the ultimate savior. This is a classic appeal to authority. Just because he created Bitcoin, it does not mean that he has the right answer to every problem.
Nothing to do with authority. It's Satoshis baby. He probably has a better thought or vision than anyone.
hero member
Activity: 815
Merit: 1000
I still believe the Foundation may prove useful sometimes in the future. I understand many people distrust them, but they now have an opportunity to regain some trust, so if they're smart (maybe they're not), they should seize it. Besides the blocksize problem, another issue is that the BTC community is divided. I could invest more money into BTC, but that division is telling me to wait till things are settled.
I'm on the board of the Danish Bitcoin Foundation - an affiliate of TBF.

They are not answering our emails anymore, we don't have any contact person with them and their membership system that we integrated into our site is down/not working.

They are pretty goddamn dead it seems to me...
legendary
Activity: 2674
Merit: 2965
Terminated.
The whole community has seen it: BTC has a problem.
No, it does not.

I hope the BTC foundation could help the community to put the blocksize debate behind us.
Hopefully it does nothing.

I wish Satoshi would come out of the shadows to resolve this issue once and for all.
Please stop calling out ti Satoshi like he's the ultimate savior. This is a classic appeal to authority. Just because he created Bitcoin, it does not mean that he has the right answer to every problem.
legendary
Activity: 1134
Merit: 1000
The whole community has seen it: BTC has a problem. The world's markets are in turmoil and BTC, which should be some kind of a safe heaven to store your cash, pretty much like gold once was, isn't performing as hoped. Far from it actually, it's sinking because of the blocksize debate and the recent fork.

A solution would be a moral authority to take the difficult technical decisions, and that was supposed to be the role of the BTC foundation a while ago. Today unfortunately, many folks don't even know the existence of the foundation. Well, it still exists, right?

I hope the BTC foundation could help the community to put the blocksize debate behind us.

I think that no one do something. Not any human kind and not whatever bitcoin community. If they have decided (the main developers of bitcoin) to work separately (everyone for its choice) the discussion is ended. It is started the time of the work. They are working separately to fulfill that they want. Cannot be nothing and end of story.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
I wish Satoshi would come out of the shadows to resolve this issue once and for all.
hero member
Activity: 1134
Merit: 515
Bitcoin foundation can't solve this problem, they only really participate in bitcoin at early age of bitcoin only, we need to fix this problem ourselves.
Just ask bitcoin XT to run their own node & let's see if total real bitcoin XT node can beat total real bitcoin core node, that's simple than various way which is long, very complicated & full of drama.

Bitcoin XT is already running. They need 75% blocks to be generated by Xt supported nodes out of last 1000 blocks to make XT into implementation. Let us wait till their dead line date.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Anyway... i tried to find a way to use the blockchain for real votes for political parties. But there seems to be no vote system that can achieve that that is not prone to manipulation and still are free, secret, equal, directly and general.

Is that not a good thing though?
Should the votes of 100 people which hold next to no BTC be worth more than 99 people that hold a lot of BTC?

The people should matter since they are the user. Why should the ones owning the most bitcoins rule over bitcoin? It would be like a government. And they would simply not sell their coins and they could rule over bitcoin for eternity.

There is no reason that rich early adopters should rule while most of the users don't have a voice.

You might have a threshold but even then you might make users in poor countries have no voice. Having no voice is always a bad thing.

It's quite simple really you have two options if you want to participate in Bitcoin's governance: own coins or become a peer (run a full node).

Yes, the amount of coin is absolutely proportionate to the influence your voice can have. No, there is nothing discriminatory about that, it's called capitalism.
legendary
Activity: 2674
Merit: 1082
Legendary Escrow Service - Tip Jar in Profile
Anyway... i tried to find a way to use the blockchain for real votes for political parties. But there seems to be no vote system that can achieve that that is not prone to manipulation and still are free, secret, equal, directly and general.

Is that not a good thing though?
Should the votes of 100 people which hold next to no BTC be worth more than 99 people that hold a lot of BTC?

The people should matter since they are the user. Why should the ones owning the most bitcoins rule over bitcoin? It would be like a government. And they would simply not sell their coins and they could rule over bitcoin for eternity.

There is no reason that rich early adopters should rule while most of the users don't have a voice.

You might have a threshold but even then you might make users in poor countries have no voice. Having no voice is always a bad thing.
hero member
Activity: 672
Merit: 500
The foundation has been dysfunctional for years. I do not think they are able to help with the blocksize problem. It would be nice if they can get together and help solve this, to prove that they are not completely useless.   Grin
vip
Activity: 1428
Merit: 1145
Well, could be the opportunity to save it from the brink. Anyway, I'm just looking for solutions. The blocksize problem has to go and I certainly like the idea of a consensus, but I don't see one emerging soon.

I firmly disagree of getting the Bitcoin Foundation up after what has happened. They were as corrupt as some governments out there. But I'll stop here as the Foundation isn't the scope of this thread.

I'm pretty certain that consensus will be reached. At the very worse it will be reached when everyone has the rope on their necks and time is running out for 1MB blocks Smiley

BRB!

We need the bitcoin foundation to fix the blocksize problem

I'm back. Had to check on something. ^^^^^^^^
sr. member
Activity: 423
Merit: 250
In a decentralized environment, voting would be the only option like democratic country has election to select their leaders. Like that to solve blocksize problem we need to go with what majority of the people vote for. This is in belief of majority of people would take a right one.

Well, you can not force the voting minority to accept the new rules voted by majority, unless the new rules are still better option for the minority than other options. Because the minority has real freedoom to not use the new rules (so different from government democracy), the best approach is widely accepted compromise here.
full member
Activity: 196
Merit: 100
Anyway... i tried to find a way to use the blockchain for real votes for political parties. But there seems to be no vote system that can achieve that that is not prone to manipulation and still are free, secret, equal, directly and general.

Is that not a good thing though?
Should the votes of 100 people which hold next to no BTC be worth more than 99 people that hold a lot of BTC?
legendary
Activity: 2674
Merit: 1082
Legendary Escrow Service - Tip Jar in Profile
In a decentralized environment, voting would be the only option like democratic country has election to select their leaders. Like that to solve blocksize problem we need to go with what majority of the people vote for. This is in belief of majority of people would take a right one.

I like democracy the most too. Not the stupid thing they call democracy nowadays where citizens have one vote every couple of years and the rest of the time they lose their voting rights to others. That surely is no democracy, i would rather say it is a homeopatic democracy. It's so thin that it practically isn't there anymore. Cheesy

Anyway... i tried to find a way to use the blockchain for real votes for political parties. But there seems to be no vote system that can achieve that that is not prone to manipulation and still are free, secret, equal, directly and general.

I really would love to have a system like that. I know the pirate parties of the world, i would say the pirate party might be the biggest global political party now, would gladly take that system over.
legendary
Activity: 1386
Merit: 1058
In a decentralized environment, voting would be the only option like democratic country has election to select their leaders. Like that to solve blocksize problem we need to go with what majority of the people vote for. This is in belief of majority of people would take a right one.
legendary
Activity: 2674
Merit: 1082
Legendary Escrow Service - Tip Jar in Profile
The foundation is practically dead. It's a pity i once paid for the membership and they had nothing better to do to waste all coins.

Them having a stand in this would not help very much. And them acting like a government would surely not be liked too.
hero member
Activity: 584
Merit: 500
Have you even read about the foundation lately?!? Roll Eyes Hope this was an ironic post.

No. I haven't read anything about the foundation for a long time, maybe a year. I don't spend much time following that kind of things. Please, tell me more about it. Did I miss something?

That's more comprehensible. The Foundation has been involved in scandal after scandal for the last few months and has been a disservice for Bitcoin. They paid millionaire salaries to themselves and end up "bankrupt" and they are basically dismembered. They do not serve any purpose to Bitcoin, they only serve themselves. They're the last ones that can help with doubts about block size. For all purposes they do not exist anymore.

Then they should be replaced by someone more competent to implement desired larger blocks on core. Doing so would put an end to xt - core debate,
since there would be no reason for people to choose between them, or desire alternative client. The price would then balance out probably as well.
legendary
Activity: 3052
Merit: 1047
Your country may be your worst enemy
Easy answer for Op's question would be: The Bitcoin Foundation Is Too Scandalous.

Founded in 2011, the Bitcoin Foundation's initial goal was to provide advocacy to the cryptocurrency, and that's something what is needed within the industry even today.
The Bitcoin Foundation had the potential to be a good force for political  and economic advocacy, but they failed miserably.
Now their name is tarnished to the point that everything related to Bitcoin Foundation is considered 'bad'. Please don't mention BF anymore.

Exactly this. I don't even know what purpose they serve anymore. They have lost all the trust that they ever had. I don't see what they can do in the future to regain any of the trust back. In my humble opinion, it would be the best to disassemble foundation completely. If this cannot be done or it won't be done, then we should just forget that they ever existed.

I still believe the Foundation may prove useful sometimes in the future. I understand many people distrust them, but they now have an opportunity to regain some trust, so if they're smart (maybe they're not), they should seize it. Besides the blocksize problem, another issue is that the BTC community is divided. I could invest more money into BTC, but that division is telling me to wait till things are settled.
hero member
Activity: 742
Merit: 500
hero member
Activity: 616
Merit: 500
The Support for Bitcoin Core is increasing day by day. So there is no problem with Bticoin XT.  But the problem is with panic sellers who fear about the Fork.
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