Will BU Fork Soon Rip the Network in Half?

Wind_FURY

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Quote from: cryptoanarchist on May 14, 2017, 10:50:03 PM

Quote from: GetClams.com on May 14, 2017, 06:30:08 PM

Quote from: charlescoin on May 13, 2017, 02:42:09 PM

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

I dont think we have "a long time". I think it might already be holding the price rise back.

If you can't see evidence of people getting frustrated, you're not paying attention. Core needs to remember: The customer is always right.

The customer is always right? Who is the customer here? The users, the node operators or the merchants? Maybe it is the miners who should remember that the customer is always right because they decide if we activate Segwit or hard fork to BU.

Plus your "customer is always right" analysis is wrong. Core is not running a shop here. They are developing the Bitcoin network. Why should they listen to you. You can speak up by running a node.

GetClams.com

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Quote from: coolcoinz on May 15, 2017, 03:11:29 PM

Quote from: GetClams.com on May 14, 2017, 06:30:08 PM

Quote from: charlescoin on May 13, 2017, 02:42:09 PM

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

I dont think we have "a long time". I think it might already be holding the price rise back.

Come on, the price is rising like crazy. Just this month it gained close to 500USD in 2 weeks. Do you expect it to go faster, or what?
The fork won't happen, BU hasn't got enough support and it doesn't seem to be changing. If there's any update coming it will be Segwit, not BU, but I doubt any of them will get enough support, because people love to disagree and quarrel. We'll be sitting on our good old block size and complaining this time next year, you'll see.

If bitcoin forked I believe every body would regret i for a very long time. Together we stand....

coolcoinz

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Quote from: GetClams.com on May 14, 2017, 06:30:08 PM

Quote from: charlescoin on May 13, 2017, 02:42:09 PM

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

I dont think we have "a long time". I think it might already be holding the price rise back.

Come on, the price is rising like crazy. Just this month it gained close to 500USD in 2 weeks. Do you expect it to go faster, or what?
The fork won't happen, BU hasn't got enough support and it doesn't seem to be changing. If there's any update coming it will be Segwit, not BU, but I doubt any of them will get enough support, because people love to disagree and quarrel. We'll be sitting on our good old block size and complaining this time next year, you'll see.

GetClams.com

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Quote from: cryptoanarchist on May 14, 2017, 10:50:03 PM

Quote from: GetClams.com on May 14, 2017, 06:30:08 PM

Quote from: charlescoin on May 13, 2017, 02:42:09 PM

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

I dont think we have "a long time". I think it might already be holding the price rise back.

If you can't see evidence of people getting frustrated, you're not paying attention. Core needs to remember: The customer is always right.

I dont think Core cares. That could be the problem.

cryptoanarchist

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Quote from: GetClams.com on May 14, 2017, 06:30:08 PM

Quote from: charlescoin on May 13, 2017, 02:42:09 PM

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

I dont think we have "a long time". I think it might already be holding the price rise back.

If you can't see evidence of people getting frustrated, you're not paying attention. Core needs to remember: The customer is always right.

Wind_FURY

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Quote from: rekinthis on May 12, 2017, 11:18:47 PM

Quote from: Wind_FURY on May 12, 2017, 10:44:33 PM

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

No it wouldn't. Why everyone thinks that jumping to BU would be like a disaster for bitcoin? BU has a strong developers team and their idea to increase the block size limit is really logical, just look at the fees right now, who would use bitcoins daily right now when you have to pay a massive fee of nearly one dollar or even more to just send over a few cents over the network?

No they do not have a strong development team and their plan to increase block size by giving it for the miners to decide has its trade offs. The miners should serve the network not control the network to some certain degree.

Quote

For me it just sounds ridiculous that's why I'm for BU, I'm fed up with all that core crap we need a big change here and now. Also segwit would be a huge loss for the miners which would mean that less and less people would be mining, thus bitcoin would become less decentralized.

Less and less miners? I would like to see some of the Chinese miners leave and see another more willing take their place.

GetClams.com

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Quote from: charlescoin on May 13, 2017, 02:42:09 PM

I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

I dont think we have "a long time". I think it might already be holding the price rise back.

Nagadota

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Quote from: ImHash on May 13, 2017, 02:56:41 PM

Can some one please explain to me what difference does it make for me with 15BTC in my addresses if the network running on Core or other versions? isn't this all topics about miners and their revenue?
What happens if we go with BU and fees keep going up and with delayed conformations?

What happens if I try to transfer 1BTC from my address to someone else if I use a BU node? will I be able to send without fee or low fees like 120sat/b?

Full nodes are just a form of wallet which uphold all the rules of the network. It's hard to create a properly stable full node, as Satoshi pointed out in 2010, and the original version will usually be the most secure (for now).

Your choice of node won't change the fees you have to pay because a hard fork hasn't happened yet. Running a BU node would just be running an alternative implementation of the same network rules, which won't have been changed until BU has actually happened (if it does).

ImHash

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Can some one please explain to me what difference does it make for me with 15BTC in my addresses if the network running on Core or other versions? isn't this all topics about miners and their revenue?
What happens if we go with BU and fees keep going up and with delayed conformations?

What happens if I try to transfer 1BTC from my address to someone else if I use a BU node? will I be able to send without fee or low fees like 120sat/b?

At least SW is providing a way to avoid spam attacks and keep coins safe, yes you will need to move your funds to new keys but what is BU doing about that? nothing they just keep crashing.

I just want to mention this, what ever happens other than hard fork without 95% consensus our coins are fine and there is no need for panic even with hard fork as long as we are not transferring we're fine even if we send transactions we'll be fine as nothing will happen to our coins.

As a bitcoin user that is most important part and concern the rest is just for miners and their rewards+fees.

charlescoin

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I don't believe there will be a fork, I think one way or the other consensus will be reached. It will take a long time and it will be long overdue to fix the scaling issues experienced now but it will happen eventually.

e-coinomist

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Quote from: cryptoanarchist on May 13, 2017, 02:24:33 PM

Quote from: Wind_FURY on May 12, 2017, 10:44:33 PM

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

I'm not here to argue with an obvious troll post, but just to demonstrate for others here: What is your proof or reasoning that BU developers are subpar to Core dev Matt Corallo, who's basically just out of high school?

lol yes an (in)valid point. the measurement along a seniority sorority principle seems sorrowrongiglly off shot, sisters. age tells nothing about a programer except perhaps an affinity towards newer languages like Rust or Golang or Node.

cryptoanarchist

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Quote from: Wind_FURY on May 12, 2017, 10:44:33 PM

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

I'm not here to argue with an obvious troll post, but just to demonstrate for others here: What is your proof or reasoning that BU developers are subpar to Core dev Matt Corallo, who's basically just out of high school?

rekinthis

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Quote from: Wind_FURY on May 12, 2017, 10:44:33 PM

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

No it wouldn't. Why everyone thinks that jumping to BU would be like a disaster for bitcoin? BU has a strong developers team and their idea to increase the block size limit is really logical, just look at the fees right now, who would use bitcoins daily right now when you have to pay a massive fee of nearly one dollar or even more to just send over a few cents over the network? For me it just sounds ridiculous that's why I'm for BU, I'm fed up with all that core crap we need a big change here and now. Also segwit would be a huge loss for the miners which would mean that less and less people would be mining, thus bitcoin would become less decentralized.

mamaya

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Quote from: Wind_FURY on May 12, 2017, 10:44:33 PM

You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

Yep, its dead in the water

Wind_FURY

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You can all argue all you want for Bitcoin Unlimited. Everyone including the supporters of BU themselves know that the code and engineering the BU developers are creating is subpar. As a community we have a responsibility to tell everyone this fact. It would be a big mistake to trust those developers at BU.

GetClams.com

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That would be really sad to see politics destroy what we all have built over the last several years. A new mechanism needs to be put into place to ) fix this so (inability to reach a decision) in the future so we never see a repeat of it.

Its issue like this that keep the sec from approving ETF's. If the issue never came up bitcoin would probably already be $5000.

Nemo1024

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Quote from: -ck on May 11, 2017, 04:23:35 PM

Quote from: Nemo1024 on May 11, 2017, 04:15:39 PM

Same here, though my non-mining full node has been up 24/7 for over 3 years now. Grin

Looking into setting up a BU node...

Is that because you want to move from the stability of a node that runs 24/7 for 3 years to one that crashes on a weekly basis because that's more fun?

Possibly... Bring back the days when I was switching from CPU mining to GPU mining and things crashed from time to time and you had to do a headscratcher to figure out why. Grin

Need to look into this BU thingy for myself before I make any opinion on it, and tinkering with it is the best way to start. I didn't say that the Bitcoin full node is going off-line - they can live on different machines.

BillyBobZorton

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Quote from: cryptoanarchist on May 11, 2017, 09:37:39 PM

Quote from: BillyBobZorton on May 11, 2017, 02:54:37 PM

Indeed, and bitcoin also needs users. 99% of people run Core software, nobody trusts Buggy Unlimited.

Well, that's just a plain lie:

http://nodecounter.com/#nodes_pie_graph

That took about 30 seconds to look up. Core has dropped to around 86%. They basically had a kind of 'first-mover' advantage with the perception of being the"official" client. Now they're losing share because of their own actions, ironically.

Those facts aside, anyone who understands how and why Bitcoin works understands that this 'node' count (they're not actually nodes) is entirely irrelevant, anyway.

"%99" is just a saying. In any case, "everyone" runs Core, the rest of software is marginal and anecdotal. Those pushing to hard fork into a network were nobody trusts the software is a total joke and a disaster. Fork into your own altcoin instead of trying to steal the BTC token which is all they care about.

Buggy Unlimited is a mirage, it's literally dead and the mirage is only sustained by the nonsense of thinking the centralized haspower of some chink is of bigger importance than full validating nodes + exchanges + merchants + bitfinex futures indicating BUG will get dumped and so on.

If Buggy Unlimited was so good they would fork and compete as an altcoin but they know they know nobody would give a fuck.

kiklo

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Quote from: Wind_FURY on May 11, 2017, 09:37:05 PM

Then they should hard fork it immediately away from Core to Bitcoin Unlimited. What are they waiting for?

~65% would be my guess, Cheesy

franky1

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Quote from: DoomDumas on May 11, 2017, 10:59:42 PM

Quote from: c789 on May 11, 2017, 01:20:34 PM

Core is not perfect, but BU is just sad. Might as well stand for Bugs Unlimited.

Can I add : with closed source update ?

can i add that even core dont disclose issues for atleast a month after fix
https://github.com/bitcoin/bitcoin/issues/10364

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but we do not publicly announce bugs even after they have been fixed for some time.

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announcing bugs with exploit guidelines [within] 30 days after a fix is released would put a ton of our users at massive risk

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