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Topic: What is UASF exactly? - page 2. (Read 1475 times)

hero member
Activity: 994
Merit: 544
March 27, 2017, 07:38:16 AM
#5
I'm not sure I'm getting it? is UASF another version of SegWit that could (and should) be activated right away without the need of miners signalling it? If yes, then wouldn't that be the exact definition of "centralization"?

There is a huge movement and development in the bitcoin industry. The community was flooded by the fighting of greedy miners competing with its other as to whom will the control over the bitcoin production will go to. But the users, exchanges and the economic players are tired of this debates and fights as it is the money of the players, holders and investors are at stake. Thus Super UASF was born and this time as a revolution against the miners. With UASF the one to decide what changes are going to take place in the bitcoin code are the economic players and not the miners.
legendary
Activity: 3430
Merit: 3080
March 27, 2017, 07:37:45 AM
#4
You guys seem to think the UASF is controlled by the hashrate of the system, but I think I've argued quite convincingly else where, that sufficiently organized whales are superior and are the actual economic majority.


BIP148 UASF will be determined by 1 thing alone, midnight of November 15th 2017.  Nothing to do with hashrate (you're right there) and nothing to do with whales (where you're wrong)

Please don't reply, you're a waste of time and space
sr. member
Activity: 336
Merit: 265
March 27, 2017, 07:22:09 AM
#3
I'm not sure I'm getting it? is UASF another version of SegWit that could (and should) be activated right away without the need of miners signalling it?

Yes, and no. Obviously Bitcoin can't fork without miners in its current state, therefore at least *some* signalling is required. The more the better.

You guys seem to think the UASF is controlled by the hashrate of the system, but I think I've argued quite convincingly else where, that sufficiently organized whales are superior and are the actual economic majority.

uasf will kick miners out if they dont behave



I already agreed in my prior post. And are you satisfied with the UASF being in centralized control?

Do you know who is the $billionaire leader of (or leading spokesman for his cohort whales who comprise) the actual "UASF" (i.e. the economic majority)?

http://trilema.com/2015/if-you-go-on-a-bitcoin-fork-irrespective-which-scammer-proposes-it-you-will-lose-your-bitcoins/

Here is more about him.

Here is one quote from him:


I wouldn't really have even bothered with this article if there wasn't a third paragraph there, because contrary to what the stupid imagine, I don't use them for dissection material in order to hurt and humiliate them.

It's not about them, I couldn't care less about them, they're not human as far as I'm concerned. Just like I'm all in favour of butchering a million or a billion, or however many cute fluffy bunny rabbits, be it for making medicine, or cosmetics, or music out of their cries of agony, or whatever else - I'm equally in favour of torturing, mistreating and abusing the stupid in absolutely any way. That's what they're here for, after all, and if that's what gets you off by all means, who cares.

It doesn't really do anything for me, but nevertheless I will dissect them, with no regard to their own whatever bullshit, if I figure I could use the parts to teach, illuminate and instruct people about stupidity. And so here we go, check out the spots on Miscreanity's liver.




Shelby; If you would need to assess the relative seniority of me and Mircea Popescu, which criteria would you use?

Hi Risto. Please excuse my atrocious ignorance, naivete, and cluelessness w.r.t. the underworld of darkhigh finance. This is a strange new terrain for me. I feel like a child who is struggling to take his first steps without stumbling onto my face.

In particular I would really like to understand what is different if anything about your perspective/approach compared to MP's economic philosophy and assessment of the value of humanity. MP seems to think those with the most wealth should be in control of the monetary system yet he hates democracy and mass marketing because he sees those as ways of enslaving the stupid masses in a farcical, house-of-cards, debt-based economic system. Perhaps it can't be any other way? My technological approach with my attempt to find an improvement to Satoshi's design, has been to try to find a design in which nobody is in control.

So I would judge your ability to enlighten me on these issues—either in public or private communication—as the critieria.

Without publicizing any specific event, your actions indicate you are wealthy.

He wrote about you:


Quote from: zylche
What do you think about the developers frequently receiving threats by bitcoiners? Or the guild and certain developers trying to push for a centralised validation services?

Bitcointalk is a collection of mostly poor, mostly uneducated, mostly bizarre folk you wouldn't have on your lawn/daughter/whatever. The various shit they do is representative of Bitcoin in the sense Jeremiah Wright is representative of xtians or Cornel West is representative of academia. Specifically about threaths... I get threatened all the time on teh Interwebs. I've never managed to care (yes I'm aware "the FBI takes internet threats very seriously", but I've never managed to care about that, either).

People will always try to push for centralised something or the other as long as they figure they'll have more market share of the centralised thing than they do now. As various failures are pushed aside to rot into irrelevance they're certain to try and find some sympathetic ear to enforce protectionist measures for them too (que Winklewhoever doods ranting about "regulation"). That topic is best served here.

In short I don't think either are suprising or important.
legendary
Activity: 2674
Merit: 3000
Terminated.
March 27, 2017, 06:46:17 AM
#2
I'm not sure I'm getting it? is UASF another version of SegWit that could (and should) be activated right away without the need of miners signalling it?
Yes, and no. Obviously Bitcoin can't fork without miners in its current state, therefore at least *some* signalling is required. The more the better.

If yes, then wouldn't that be the exact definition of "centralization"?
No.

What it basically does is that it sets a flag day at which the miner/pool would produce Segwit blocks. This proposal does require wast support from the users & economy to work though. Generally it seems that this support already exists. All >= 0.13.1 Bitcoin Core nodes are compatible with it, and it should be compatible with any other existing Segwit implementations.

Notes:
- This proposal is in its early stages and is still being worked on / fixed.
- It is not within Bitcoin Core, but exists as a *patch* from an unknown third party on Github.
staff
Activity: 3500
Merit: 6152
March 27, 2017, 06:31:25 AM
#1
I'm not sure I'm getting it? is UASF another version of SegWit that could (and should) be activated right away without the need of miners signalling it? If yes, then wouldn't that be the exact definition of "centralization"?
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