@sickpig the lines between hard and soft forks are now blurred. My nodes are on there way to becoming irelavant soon. They have to join BC/Core or die. My private key will live on though.
Gold collapsing. Bitcoin UP.
- Thread starter cypherdoc
- Start date
Norway
Well-Known Member
- Sep 29, 2015
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I have a little challenge to the coders on this forum. (@Peter Tschipper? @sickpig? @theZerg? Others?)
Can you fix the malleability issue with just a few lines of code?
Rick Falkvinge is suggesting that it's possible in this recent interview, and giving some ideas on how:
At 27 minutes:
Can you fix the malleability issue with just a few lines of code?
Rick Falkvinge is suggesting that it's possible in this recent interview, and giving some ideas on how:
At 27 minutes:
@AdrianX
we are in violent agreement then
a "normal" node could not update, the price to pay for this choice will be losing more and more validation power as time pass and more soft forks are deployed.
a "miner" node have to upgrade once the soft fork is enforced, otherwise it won't produce valid blocks anymore.
this is just to say that if the decoupling between validation and mining functions hadn't happened, the very concept of soft-fork wouldn't have even existed.
ps where's @rocks when someone need him ?
we are in violent agreement then
a "normal" node could not update, the price to pay for this choice will be losing more and more validation power as time pass and more soft forks are deployed.
a "miner" node have to upgrade once the soft fork is enforced, otherwise it won't produce valid blocks anymore.
this is just to say that if the decoupling between validation and mining functions hadn't happened, the very concept of soft-fork wouldn't have even existed.
ps where's @rocks when someone need him ?
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Is a hard fork allowed?
I'm not a C++ coder though, but I'm getting older and somewhat wiser... So if solving txs malleability with a few lines of code had been possible, it would have been fixed by now... or maybe it didn't happen just because Core didn't want to use hardforks to fix it?
- Aug 22, 2015
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@Peter R is right. Xthin is such a powerful improvement that, probably for the first time ever, BS-Core are being reactive and playing catch-up. Yes, they rebrand for political purposes, and disgracefully give no credit to the prior art of Xthin. The question now is whether their "Compact Blocks" is released first or gets bundled with SegWit, so the Core-believers have no real choice, SW+Fast blocks or its Zombie node time.
Norway
Well-Known Member
- Sep 29, 2015
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I don't even know the difference between a hard and a soft fork. I'm just thinking that bloatware is bad, and a problem should be fixed as simple as possible
The differences between Soft and Hard are semantic now. All forks are Hard forks if you are a miner. It's just PR we've been conditioned to accept Soft porn as R rated and OK for the masses provided one has traveled around the sun X number of times, and Hard porn is socially unacceptable and need universal "consensus" before deployment, it's like all forks are hard forks, and zomby nodes just follow along and drop off one by one.
Core have failed to understand why relaying and validating nodes are deployed in the first place, if the status quo is maintained one can expect to see the count drop dramatically, Hint it's not the size of blocks or the blockchain that are discouraging node operators from running nodes, it's Core Developers making it irelavant and usurping the efforts of node operators to maintain the protocol.
I hope this sell off is a result of the Australian auction and not the realisation that Core just knocked a nail into Bitcoins coffin.
Core have failed to understand why relaying and validating nodes are deployed in the first place, if the status quo is maintained one can expect to see the count drop dramatically, Hint it's not the size of blocks or the blockchain that are discouraging node operators from running nodes, it's Core Developers making it irelavant and usurping the efforts of node operators to maintain the protocol.
I hope this sell off is a result of the Australian auction and not the realisation that Core just knocked a nail into Bitcoins coffin.
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i think if there's any question now about who's leading who around by the nose, it's been answered. hint: it's not the miners.
This was one of the recent moments when gmax'es trolling and lies were very visible. He said on reddit something along the lines of that 'Classic is outdated'. That completely counters all of the 'soft forks are oh so gentle' propaganda that he did before.@AdrianX
we are violent agreement then
a "normal" node could not update, the price to pay for this choice will be losing more and more validation power as time pass and more soft forks are deployed.
a "miner" node have to upgrade once the soft fork is enforced, otherwise it won't produce valid blocks anymore.
this is just to say that if the decoupling between validation and mining functions hadn't happened, the very concept of soft-fork wouldn't have even existed.
ps where's @rocks when someone need him ?
Hat-tip to /u/redlightsaber for digging one up:
"...I've compared [Xthin] to two distinct things: Blocksonly mode which has about 8 times the bandwidth savings; and the fast block relay protocol, which has much higher coding gains (e.g. 4k vs 70k transmission) and half the base latency.
Thinblocks, of the kind implemented by XT were proposed and implemented over two years ago by Pieter Wuille and put aside after measurements showed they didn't offer really interesting performance improvements considering their complexity. Perhaps they'll come back some day for core, but they're kind of an odd duck compared to the alternatives." - Gmax
I guess "some day" is 3 months later
Lots of people seem to think that miners are the ones with all the power and are driving the 1MB blockade. I happen to think not. Anyone following this multi year debate can see that miners were initially onboard with 8MB scaling; that is until Blockstream kore devs started attacking them and the large blockists with FUD and personal attacks. Thus it is kore dev leading everyone around by the nose, imo, specifically because of their financial confliction.
[doublepost=1466647720,1466646806][/doublepost]more reality setting in:
- Aug 28, 2015
- 517
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Bitcoin back to its old tricks. Shouldn't fall much further or the thesis for a mega bubble later this year is debunked. If it does hold in the 450-600 range then bitcoin has found a new base to launch off later this year.
I suck at trading. Back to virtually what I started with now. :/
I suck at trading. Back to virtually what I started with now. :/
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the problem with smart contracts that @balajis and geeks in general are missing, is that contracts typically involve conflict. counterparties inherently don't trust each other, which necessitates a contract to begin with, to try and hold ppl to their promises. unfortunately and all too commonly they don't work out and ppl head to court as they both disagree on what the contract says.
[doublepost=1466648159][/doublepost]
[doublepost=1466648324][/doublepost]ah, that's better. @balajis realizes that Bitcoin needs to increase it's usage as a money or payment system before smart contracting really can be developed. that's what i've been saying:
[doublepost=1466648159][/doublepost]
while i think most of this pullback is due to trader profit taking, i'd bet that there is a component of folks who believe that the Ethereum/DAO failure has something to do with Bitcoin. not.
[doublepost=1466648324][/doublepost]ah, that's better. @balajis realizes that Bitcoin needs to increase it's usage as a money or payment system before smart contracting really can be developed. that's what i've been saying:
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Christoph Bergmann
Active Member
Imho the price is falling because People cash out ether. Most People dont realize that most altcoin dont make bitcoins value smaller but larger.
After all this schadenfreude from bitcoin-jerkclub this makes this crash quiet ironic
After all this schadenfreude from bitcoin-jerkclub this makes this crash quiet ironic
albin
Active Member
- Nov 8, 2015
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I like to think we had a similar selloff in August 2012, if that's not smoking the hopium too much!