Why BU should be correctly classified as an attempted robbery of BTC, not a fork - page 3.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: cryptodancer on March 17, 2017, 03:38:59 PM

BU has taken a reputation hit, on top of exchanges considering it as an altcoin. This will all blow over, miners are just milking the tx fees as long as they can before the inevitable upgrade to SegWit.

I don't know how close we are to Segwit, but I guess you're probably right as to there being a ton of milking of fees going on with miners right now, and that's why there aren't serious pushes one way or the other yet.

I'm kind of curious if that will change anytime soon or if there will be a sudden move to changing the block sizes.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: cryptodancer on March 17, 2017, 03:38:59 PM

This will all blow over, miners are just milking the tx fees as long as they can before the inevitable upgrade to SegWit.

I don't believe that. The opposing elements are becoming ever more dug in and there's enough of them on both sides to continue the stalemate. The question is whether the most important element by far, them users, somehow manages to assert their will.

cryptodancer

newbie

Activity: 7

Merit: 0

BU has taken a reputation hit, on top of exchanges considering it as an altcoin. This will all blow over, miners are just milking the tx fees as long as they can before the inevitable upgrade to SegWit.

arklan

legendary

Activity: 1778

Merit: 1008

Quote from: sanas on March 17, 2017, 03:03:54 PM

Is there a date for the possible launch of a hardfork?

as far as i am aware, no. but i am by no means an authority, or even well informed...

AliceWonderMiscreations

full member

Activity: 182

Merit: 107

Quote from: sanas on March 17, 2017, 03:03:54 PM

Is there a date for the possible launch of a hardfork?

75% miner consensus has to be reached first, long ways off.

http://nodecounter.com/#bitcoin_classic_blocks

Doesn't have half that right now.

dinofelis

hero member

Activity: 770

Merit: 629

Quote from: BillyBobZorton on March 16, 2017, 11:14:16 AM

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

That's nevertheless exactly what ethereum did. The old project, ETC, has a new name, and the "alt coin", the forked-away coin, kept the name ethereum. Most probably because the overtake was done by the centralized core team, and it got the biggest part of the market cap.

sanas

hero member

Activity: 546

Merit: 500

Is there a date for the possible launch of a hardfork?

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: FiendCoin on March 16, 2017, 12:05:10 PM

Quote from: calkob on March 16, 2017, 12:00:54 PM

Quote from: BillyBobZorton on March 16, 2017, 11:14:16 AM

Why Bitcoin Unlimited should be correctly classified as an ‘attempted robbery’ of Bitcoin, not a fork

https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.r5f6ui934

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

Looks like BUcoiners can't accept if they fork they will be an altcoin.

No matter how much we disagree with the whole BU thing, i am still so surprised at the amount it has got from proper bitcoiners. It really worries me that the community is broken and it what will unite us again.

When you got VERY vocal paid shills like jonald_fyookball, it seems worse than it is. This guy spends all day defending BTU and pushing Roger and Jihan's agenda.

thanks.

I just care about my Bitcoin investment.

Sorry if I find it problematic to massively hedge myself by buying ethers and moneros. I actually want Bitcoin to keep its utility.

Usainbot

newbie

Activity: 29

Merit: 0

Quote from: jonald_fyookball on March 16, 2017, 11:58:07 AM

Quote from: BillyBobZorton on March 16, 2017, 11:14:16 AM

Why Bitcoin Unlimited should be correctly classified as an ‘attempted robbery’ of Bitcoin, not a fork

https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.r5f6ui934

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

Looks like BUcoiners can't accept if they fork they will be an altcoin.

so anything not Blockstream/core is 'overtaking' the project? And we should ignore Satoshi's clear statement in the whitepaper that nodes can vote on rules with their processing power?

The only 'trying to overtake via hard fork' is the backdoor UASF , which is probably the brainchild of Greg Maxwell.

I think the miner will vote with their hashing power. That is more fair than the so called UASF.

Iranus

hero member

Activity: 1792

Merit: 534

Leading Crypto Sports Betting & Casino Platform

This is a pretty weak attempt to discredit BU. You (or at least this article) are arguing that BU is a "robbery" despite the fact that it's clearly just an alteration to Bitcoin's open source code. It's not a robbery of Bitcoin because not only are they (obviously) not actually taking any Bitcoin in the literal sense, they are just using the name that has rightfully continued to be used for all changing versions of the same currency over time.

Variogam

sr. member

Activity: 276

Merit: 254

Quote from: FiendCoin on March 16, 2017, 12:05:10 PM

Quote from: calkob on March 16, 2017, 12:00:54 PM

No matter how much we disagree with the whole BU thing, i am still so surprised at the amount it has got from proper bitcoiners. It really worries me that the community is broken and it what will unite us again.

When you got VERY vocal paid shills like jonald_fyookball, it seems worse than it is. This guy spends all day defending BTU and pushing Roger and Jihan's agenda.

How much Bitcoin community is divided can be seen on many tweets. It hurts my mind when reading the tweet comments. I see many BlockStream supporters posting frequently as well, so by your logic they are paid shills as well ?

BTW the blog post is just garbage, the author dont understand how open source software works.

Carlton Banks

legendary

Activity: 3430

Merit: 3080

Quote from: gentlemand on March 16, 2017, 12:03:56 PM

Quote from: calkob on March 16, 2017, 12:00:54 PM

No matter how much we disagree with the whole BU thing, i am still so surprised at the amount it has got from proper bitcoiners.

Amount of what? No one should ever put much faith in node counts or the amount of noise a small number of people make. That goes for every camp.

So if you're the "impartial voice of reason", as you frequently cast yourself, you're presumably waiting for... what? exactly? Before you tell us your reasonable-middle-ground position? Because you never have one.

Tell us what you think, because it's a little pointless just to keep stepping in deriding everyone like you're somehow above it all, and yet so aloof that you've got nothing that's actually pertinent or useful to add either

FiendCoin

sr. member

Activity: 462

Merit: 263

The devil is in the detail.

Quote from: calkob on March 16, 2017, 12:00:54 PM

Quote from: BillyBobZorton on March 16, 2017, 11:14:16 AM

Why Bitcoin Unlimited should be correctly classified as an ‘attempted robbery’ of Bitcoin, not a fork

https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.r5f6ui934

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

Looks like BUcoiners can't accept if they fork they will be an altcoin.

No matter how much we disagree with the whole BU thing, i am still so surprised at the amount it has got from proper bitcoiners. It really worries me that the community is broken and it what will unite us again.

When you got VERY vocal paid shills like jonald_fyookball, it seems worse than it is. This guy spends all day defending BTU and pushing Roger and Jihan's agenda.

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: calkob on March 16, 2017, 12:00:54 PM

No matter how much we disagree with the whole BU thing, i am still so surprised at the amount it has got from proper bitcoiners.

Amount of what? No one should ever put much faith in node counts or the amount of noise a small number of people make. That goes for every camp.

calkob

hero member

Activity: 1106

Merit: 521

Quote from: BillyBobZorton on March 16, 2017, 11:14:16 AM

Why Bitcoin Unlimited should be correctly classified as an ‘attempted robbery’ of Bitcoin, not a fork

https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.r5f6ui934

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

Looks like BUcoiners can't accept if they fork they will be an altcoin.

No matter how much we disagree with the whole BU thing, i am still so surprised at the amount it has got from proper bitcoiners. It really worries me that the community is broken and it what will unite us again.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: BillyBobZorton on March 16, 2017, 11:14:16 AM

Why Bitcoin Unlimited should be correctly classified as an ‘attempted robbery’ of Bitcoin, not a fork

https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.r5f6ui934

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

Looks like BUcoiners can't accept if they fork they will be an altcoin.

so anything not Blockstream/core is 'overtaking' the project? And we should ignore Satoshi's clear statement in the whitepaper that nodes can vote on rules with their processing power?

The only 'trying to overtake via hard fork' is the backdoor UASF , which is probably the brainchild of Greg Maxwell.

pedrog

legendary

Activity: 2786

Merit: 1031

The article is crap and tries to induce in error less savvy readers.

There are a lot of bitcoin forks, litecoin and dogecoin are examples of such forks the same way Joomla! is a fork of Mambo, Bitcoin Unlimited is a protocol upgrade.

In bitcoin development what is called a fork, hard or soft, is different from what the author is trying to compare with.

BTW, the same claim can be made about the changes Bitcoin Core team is trying to introduce.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

Why Bitcoin Unlimited should be correctly classified as an ‘attempted robbery’ of Bitcoin, not a fork

https://medium.com/@Coinosphere/why-bitcoin-unlimited-should-be-correctly-classified-as-an-attempted-robbery-of-bitcoin-not-a-9355d075763c#.r5f6ui934

An excellent article that describes how trying to overtake the name of a project via hard fork is unheard of and nonsense.

Looks like BUcoiners can't accept if they fork they will be an altcoin.

Topic: Why BU should be correctly classified as an attempted robbery of BTC, not a fork - page 3. (Read 3004 times)