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Topic: Why Bitcoin Core Developers won't compromise (Read 11821 times)

legendary
Activity: 4424
Merit: 4794
August 04, 2017, 05:03:12 PM
Why are you here then? Trolling only?
I am here to prevent the cancerous, paid shills to mislead newbies and newcommers with fake information (and gather more, real, Bitcoin of course Cheesy, among other things). More specifically, to prevent the spread of the scams such as XT, Classic, BU, ABC, BCash, w/e. If you do not support the real Bitcoin, why are you here then?

^ im laughing

he pretends to prevent cancer, as if he is a knight in shining armour.. yet supports the group that is growing cancer cells from within..

secondly apart from reading reddit scripts he has no idea what the truth is. he cant even understand the basics such as consensus.
the only statement that is accurate is he is here to gather more bitcoin (by scamming people into handing over their wallet.dats so he can grab a cut of peoples funds just to give them back their funds when peoples bitcoin-core clients crash. and yes he wont report the issue/error because he doesnt want to admit that core does have issues. purely so he can milk people of their funds when core crashes

message to lauda.
how about go to your altcoin/services topic and spam your sig campaigns there. if you want to be involved in bitcoin. atleast learn what bitcoin is. if you think bitcoin belongs only to core and that they are the only party you want deciding the future.. you have failed the fundamental basics

lessons to learn before summer 2018
1. consensus
2. diversity
3. decentralisation
4. c++

please learn those 4 things, because everyone can agree they will help you understand bitcoin
hero member
Activity: 686
Merit: 504
Do I have to remind you why they kept using BU and went with "EC" instead and then another rename to ABC?

Probably. I mean, seeing as BitcoinABC is a completely separate project, and does not implement EC. Accordingly, I have no idea what you are talking about. Frankly, I question whether you know what you are talking about.

Stalling Segwit for random, non technical reasons, is not rational.

If the Bitcoin Cash movement were 'stalling segwit for random nontechnical reasons', you might have a point. However, the Bitcoin Cash movement merely have chosen a different route forward than the so-called 'core scaling roadmap'. For solid reasons. Some technical and some nontechnical. If you can't accept that there are considerations important to Bitcoin other then technical -- economic reasons would be an obvious example -- then you don't understand the gift that Satoshi has given to humanity. this is a myopia you seem to share with many in the cripplecoin community.

He's a little slow between the ears, he's always been that way.

It looks like Segwit might be the real "joke" around here.

I feel like a huge weight was lifted from my shoulders when the BCC project launched successfully.

legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Do I have to remind you why they kept using BU and went with "EC" instead and then another rename to ABC?

Probably. I mean, seeing as BitcoinABC is a completely separate project, and does not implement EC. Accordingly, I have no idea what you are talking about. Frankly, I question whether you know what you are talking about.

Stalling Segwit for random, non technical reasons, is not rational.

If the Bitcoin Cash movement were 'stalling segwit for random nontechnical reasons', you might have a point. However, the Bitcoin Cash movement merely have chosen a different route forward than the so-called 'core scaling roadmap'. For solid reasons. Some technical and some nontechnical. If you can't accept that there are considerations important to Bitcoin other then technical -- economic reasons would be an obvious example -- then you don't understand the gift that Satoshi has given to humanity. this is a myopia you seem to share with many in the cripplecoin community.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Why are you here then? Trolling only?
I am here to prevent the cancerous, paid shills to mislead newbies and newcommers with fake information (and gather more, real, Bitcoin of course Cheesy, among other things). More specifically, to prevent the spread of the scams such as XT, Classic, BU, ABC, BCash, w/e. If you do not support the real Bitcoin, why are you here then?

I m here to confront you and the new bees with constructive critical thinking, way better than your blind sunglass shills for SplitWait.

So go ahead and teach us and the newbees how consensus works and how miners get into the boat?

 And why core failed here so dramatically and has led miners to collude?

How is NYA ?

Why was it needed?

What / who will breake it?

Still want change PoW?
legendary
Activity: 2674
Merit: 2970
Terminated.
Why are you here then? Trolling only?
I am here to prevent the cancerous, paid shills to mislead newbies and newcommers with fake information (and gather more, real, Bitcoin of course Cheesy, among other things). More specifically, to prevent the spread of the scams such as XT, Classic, BU, ABC, BCash, w/e. If you do not support the real Bitcoin, why are you here then?
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
The miners have just done a standard risk/ reward analysis and have acted very rational.
Absolute bullshit. Stalling Segwit for random, non technical reasons, is not rational. Then again, who knows who is controlling Ver and Jihan. Smiley

Ok. So you attest that the miners do bullshit.

Why are you here then? Trolling only?

Give up.
legendary
Activity: 2674
Merit: 2970
Terminated.
The miners have just done a standard risk/ reward analysis and have acted very rational.
Absolute bullshit. Stalling Segwit for random, non technical reasons, is not rational. Then again, who knows who is controlling Ver and Jihan. Smiley
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Most of core devs also assumed some super techy stuff will just do as always and lead to great consensus.

This 'great' consensus we can watch now...
They have assumed that miners would act rationally at all times, which isn't the case. Rusty apologized for his flawed idea of BIP 9 IIRC. Anyhow, consensus has been reached on Segwit and it is happening for sure. Whatever the Bitcoin Core developers have provided is by far superior to any other alternatives. Do I have to remind you why they kept using BU and went with "EC" instead and then another rename to ABC? Roll Eyes

The miners have just done a standard risk/ reward analysis and have acted very rational.
legendary
Activity: 2674
Merit: 2970
Terminated.
Most of core devs also assumed some super techy stuff will just do as always and lead to great consensus.

This 'great' consensus we can watch now...
They have assumed that miners would act rationally at all times, which isn't the case. Rusty apologized for his flawed idea of BIP 9 IIRC. Anyhow, consensus has been reached on Segwit and it is happening for sure. Whatever the Bitcoin Core developers have provided is by far superior to any other alternatives. Do I have to remind you why they kept using BU and went with "EC" instead and then another rename to ABC? Roll Eyes
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
What are the dangers of the 2mb hard fork part of this whole seq witness consensus?
Are you talking about the 2 MB, flag day fork, from Segwit2x?

Can core or others block this....or is it a done deal?
Most of the Bitcoin Core contributors think that the idea is a joke. There is practically zero community support for that hard fork. Even the "big blockers" abandoned Segwit2x and run their own altcoin with an increase block size now. I think that fork in November can not, and will not happen. It is too fast, and too soon.

Most of core devs also assumed some super techy stuff will just do as always and lead to great consensus.

This 'great' consensus we can watch now...
legendary
Activity: 2674
Merit: 2970
Terminated.
What are the dangers of the 2mb hard fork part of this whole seq witness consensus?
Are you talking about the 2 MB, flag day fork, from Segwit2x?

Can core or others block this....or is it a done deal?
Most of the Bitcoin Core contributors think that the idea is a joke. There is practically zero community support for that hard fork. Even the "big blockers" abandoned Segwit2x and run their own altcoin with an increase block size now. I think that fork in November can not, and will not happen. It is too fast, and too soon.
copper member
Activity: 2898
Merit: 1465
Clueless!
What are the dangers of the 2mb hard fork part of this whole seq witness consensus?

Can core or others block this....or is it a done deal?

curious....just when I think it is unlikely to go "pear shaped' ..it not only goes 'pear shaped' it rolls over in the asic seas......floods and sinks Smiley

Welcome to my world..why I'm asking

anyway thoughts ..or am I fretting over nothing? Smiley



hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Transaction Business is Miner Business (per design)

Miners are securing your bitcoin over 8 years now and may include (or not) your specific tx - on-chain.
They are the final bottleneck of that control and get payed for to do so.

If you add some other boy's business on top and try to work against miners (orthogonal competition) than miners might skip these other's txs  (if they can detect)  and this even despite they provide a very high fee (because human rational - safe miner's reputation of on-chain business).

I do not see the orgcoin scale with that 2nd layer (orthogonal) model fast (safety needs to be shown for some years) and with same security (miners have reason to attack).

But some devs might collude with these other boy's business and are trapped.
newbie
Activity: 20
Merit: 0
Lightning and Segwit are great peace of technologies. But we also need to be very open about potential future issues:
1. Lightning hub - can censor transactions, can enforce AML/KYC.
2. Lightning hub - If user launder his bitcoins or tokens through the hub, since hub provider is committing his bitcoins and the way payment channels are setup it might technically seems like node provider is also part of the money laundering scheme. So can companies provide this service without legal issues?
3. Lightning hub - it'll act just like a bank, so what is stopping banks or someone with deep pockets to start node, provide fees free service and vacuum up large number of direct channels. Bitcoin community(small number of people) might think this is a issue but you have to consider average user doesn't care so long they save money, because we are dealing with people who are willing to give all their personal information to get reward/shopping points and in the process getting tracked. This will also have impact on privacy minded people.

On chain scaling is also important even  with lightning network. We need to start looking at areas where this technology can have biggest impact. i.e developing countries. Now, can anyone explain how someone with $2.00 a day wage can afford $2.00 transaction fees? Internet and phones are getting even cheaper but it all comes down to affordability, if transaction cost is too height then no matter which technology is in use, poor people can't use it. Lightning nodes might not be accessible due to regulatory or other technical issue(e.g service down, censorship)

Segwit is temporary solution until blocks are full again and fees will go down just to rise again
Lightning will support offchain transaction but this will be hub and spoke model not decentralized. and it can be regulated/censored
2MB rise will not be backward compatible. but if Bitcoin cash can safely hardfork then there is no issue hard forking bitcoin with only one parameter change. On the positive side we can monitor bitcoin cash hardfork for few more months and learn from it. storage and bandwidth are relatively much cheaper when we compare 1MB 2010-2011 and 2MB 2017

Dev's need to control their egos and work together. No one is expert, we have allot of uncharted territory. Expert in certain field in the past doesn't automatically translate into expert in every field. We need to work together. Stop charter assassinating each others!! Scaling offchain and onchain both have pros and cons.
hero member
Activity: 770
Merit: 629
The thing that defines it to be a Nash equilibrium: namely, a Nash equilibrium is such, that for any individual entity, deviating from the strategy that consists of the Nash equilibrium is less advantageous than keeping with it.  So once a system is in a Nash equilibrium, no individual entity has any incentive to leave it if it acts alone without collusion.

A Nash Equilibruim suggests there are different strategy profiles. In the context you present there are only ONE set of players, the miners.

Yes, you are right, the system is more complex, and there are also the users (people buying and selling coins essentially). But the Nash equilibrium is essentially this one, where the miners can only stick to the original protocol

Why? Who evaluates that they have done so?

The miners amongst themselves.

Of course, this equilibrium can be broken, which is exactly the case of "forking away" and hoping for success in the market, but it needs a form of collusion between certain miners, and enough users.

As I said many times, this is a NATURAL way of evolving crypto: forking away, taking the risk in the market.  With a PoW coin, this has to be initiated by miners.

Yeah? Watch UASF

Obviously, a UASF node comes to a grinding halt UNLESS miners decided to fork off.  The whole UASF is nothing else but a kind of shouting contest to put some psychological pressure on some miners to go ahead and make them decide to fork off.  Without miners deciding to fork, UASF has not much to it.   The "user" part in UASF is similar to the "democratic" part in the old Eastern-Germany name: "Deutsche Democratische Republik".

Users only come into play with a UASF after:
1) miners decided to fork off
2) exchanges decided to list both coins.

Only at that point, the users can vote with their money on the exchanges to pump up one of the coins, and to dump the other one (taking the risk that they are betting on the wrong horse in doing so).



Economic actors do technical analysis on coinmarketcap, or use any other betting strategy.  The debasement is never part of these considerations apart psychologically maybe. The market price includes already all debasement

How does the market come to learn about debasement?

Increasing offer should decrease the price.
copper member
Activity: 2898
Merit: 1465
Clueless!
If you cash your BC in a different country with no cap. gain tax, do you still need to report? If you buy a house with your BC, do you need to report the gain on the currency?

If USA citizen you always have to pay IRS capital gains and foreign income. Anyway
What I was told anyway. Sucks indeed.
newbie
Activity: 26
Merit: 0
If you cash your BC in a different country with no cap. gain tax, do you still need to report? If you buy a house with your BC, do you need to report the gain on the currency?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
The thing that defines it to be a Nash equilibrium: namely, a Nash equilibrium is such, that for any individual entity, deviating from the strategy that consists of the Nash equilibrium is less advantageous than keeping with it.  So once a system is in a Nash equilibrium, no individual entity has any incentive to leave it if it acts alone without collusion.

A Nash Equilibruim suggests there are different strategy profiles. In the context you present there are only ONE set of players, the miners.

Yes, you are right, the system is more complex, and there are also the users (people buying and selling coins essentially). But the Nash equilibrium is essentially this one, where the miners can only stick to the original protocol

Why? Who evaluates that they have done so?

Of course, this equilibrium can be broken, which is exactly the case of "forking away" and hoping for success in the market, but it needs a form of collusion between certain miners, and enough users.

As I said many times, this is a NATURAL way of evolving crypto: forking away, taking the risk in the market.  With a PoW coin, this has to be initiated by miners.

Yeah? Watch UASF


Economic actors do technical analysis on coinmarketcap, or use any other betting strategy.  The debasement is never part of these considerations apart psychologically maybe. The market price includes already all debasement

How does the market come to learn about debasement?
hero member
Activity: 770
Merit: 629
Hashrate is fluid, remember Ghash? Mining pools are identifiable, yes but they will not make any decision that risks endangering the bottom line of hashers.

But I never claimed differently.  Mining pools will act in the advantage of miners, but them being not very numerous, can form easier a cartel.  You could see mining pools as the "worker unions" of miners: there are a number of worker union delegates that can form a worker union cartel, and hence push modifications in the advantage of themselves and their members ; something the individual members wouldn't be able to do because they are, exactly, too numerous, too decentralized.  Mining pools are the way miners have found to break decentralization and get the power of modifying the rules on their side.  However, as long as  one can maintain dissent between mining pools, effective decentralization is still working, and keeps the old protocol immutable / or imposes still the will of the central code monopolist.

hero member
Activity: 770
Merit: 629
The thing that defines it to be a Nash equilibrium: namely, a Nash equilibrium is such, that for any individual entity, deviating from the strategy that consists of the Nash equilibrium is less advantageous than keeping with it.  So once a system is in a Nash equilibrium, no individual entity has any incentive to leave it if it acts alone without collusion.

A Nash Equilibruim suggests there are different strategy profiles. In the context you present there are only ONE set of players, the miners.

Yes, you are right, the system is more complex, and there are also the users (people buying and selling coins essentially). But the Nash equilibrium is essentially this one, where the miners can only stick to the original protocol, and the users need to follow the miners.

In such an equilibrium, a single user not following the miner consensus is simply not going to be able to transact or to receive transactions: there's only one chain out there and he doesn't want to use it.  And in the same way, a single miner forking away, without other miners following him, or other users following him, is a losing proposition.

Of course, this equilibrium can be broken, which is exactly the case of "forking away" and hoping for success in the market, but it needs a form of collusion between certain miners, and enough users.

As I said many times, this is a NATURAL way of evolving crypto: forking away, taking the risk in the market.  With a PoW coin, this has to be initiated by miners.

Well, if miners adopted it, there would be not much choice but to follow along or leave your holdings for what it is.

 Roll Eyes


What else could you do ?  There's only one chain out there, your holdings are on it, and it gives 1000 BTC block reward.  What are you going to do ?

Quote
Pray tell me sir how economic actors weight the value of the coins they purchase and whether or not the monetary base has not been inflated to oblivion?

Economic actors do technical analysis on coinmarketcap, or use any other betting strategy.  The debasement is never part of these considerations apart psychologically maybe. The market price includes already all debasement.  Of course, if you have some inner knowledge of WHEN these block rewards would hit the market, you might make a lot of money by shorting ; and as such, you've brought the information to the market.  All information is included in the price.  And secret information can indeed make you rich.

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