Gold collapsing. Bitcoin UP.

Discussion in 'Economics and Policy' started by cypherdoc, Aug 28, 2015.

  1. go1111111

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    That's nice, but in the battle of Greg vs. the Bitcoin economy, my bet is on the economy getting its way in the long run.
     
  2. albin

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    It's not trivial socially if they succeed in the revisionist narrative that witness discount was the point all along to correct "incentive incompatibility", as opposed to a coincidental result of maintaining compatibility with pre-segwit block serialization.
     
  3. albin

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    Wow Maxwell is truly going full-retard on /r/btc.

    All I can glean from his statements about segwit, discount, tx fees, etc. is that whatever he wants is right because reasons, and whatever he doesn't want is wrong because reasons, and if those two things contradict each other, that's not a problem, because you're just a paid shill sockpuppet altcoin pumping devil-worshipping child-molester.
     
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  4. Bagatell

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    @albin Bruce Fenton was doing the same on slack earlier.
     
  5. Dusty

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    @albin and @Bagatell
    I'm interested in the details but I've really no time to skim through tens of threads, care to bring some samples?
     
  6. Bagatell

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    [​IMG]

    the dead horses are piling up fast..

    I come in peace!

    [​IMG]



    o_O

    [​IMG]
     
    #19166 Bagatell, Apr 22, 2017
    Last edited: Apr 22, 2017
  7. Norway

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    I had a weired experience right now. I tweeted an answer to Adam Back, and one second later, it was retweeted by 51 strangers.

    I suspect it was a mistake by Blockstream/Core's propaganda machinery. Here is the tweet:


    --- Double Post Merged, Apr 22, 2017, Original Post Date: Apr 22, 2017 ---
    These are the "people" that retweeted me. One (1) second after my tweet.
    --- Double Post Merged, Apr 22, 2017 ---
    And after checking 7-8 of these "people", they are pure retweeters. And they retweet the same content!

    This is clearly done by an ad agency with a lot more clients than just Blockstream/Core.
     
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  8. albin

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    @Norway

    That seems plausible that your tweet got picked up on keywords. All the significant words in your tweet look like they could be in a small-blocker talking point.
     
  9. Zangelbert Bingledack

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    So Greg finally admits there is a discount for witness data (relative to now) in Segwit, but of course he has an argument for why it is better. The argument seems to be based on judgments like "UTXO bloat being a bigger problem than witness bloat." If those arguments are true, that could be a good reason for changing the economics (other than, you know, changing the economics), and then the massive benefit to Blockstream would be purely coincidental: he would have found a win-win result for the community and Blockstream. The question is whether the reasoning for changing the discount ratio is sound and - if so - whether it makes it worth changing the economics of transactions.

    Whatever the case, we have 76 million reasons for thinking it isn't purely coincidental, prima facie, so his argument had better be way more than handwaving and judgment calls (especially circular reasoning that starts from the premise that small blocks are good).
     
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  10. molecular

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    Would be cool to find out which one it is.
     
  11. Norway

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    @molecular
    A way to find the ad agency is to ask many of their obvious customers who they use to boost their twitter presence.

    EDIT: I have looked through different bitcoin twitter profiles to see if anybody are boosted by retweets like I experienced. I looked at some Blockstream employees, trolls, even big blockers, but not found any signs of this being done.

    But I will keep watching this. If anybody have more than 50 retweets, it's easy to go in and look at the people who did it.
     
    #19171 Norway, Apr 23, 2017
    Last edited: Apr 23, 2017
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  12. molecular

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    @Norway, I made a tweet, exact copy of yours. Didn't get boosted. Probably too late.
     
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  13. lunar

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    lots of interesting snippets coming from this account recently. There's certainly a big game going on behind the scenes, will we ever know the complete history?

    I suspect very insider CSW info. ;)

    good series of tweets 1-9

     
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  14. albin

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  15. solex

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    Another attack vector exploited. Memory exhaustion.

    Unfortunately, running with full blocks and a massively bloated mempool is the hardest of conditions for efficient block propagation while allowing flexibility for larger blocks.
    A point release is being prepared for this.

    In the meantime please try a size like maxmempool=20 in bitcoin.conf
    https://gist.github.com/laanwj/efe29c7661ce9b6620a7
     
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  16. Bagatell

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    --- Double Post Merged, Apr 24, 2017 ---


    @Jihan Was that your intent?
     
    #19176 Bagatell, Apr 24, 2017
    Last edited: Apr 24, 2017
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  17. freetrader

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    Curious - another type of attack (some kind of bandwidth exhaustion maybe) ?

    https://np.reddit.com/r/btc/comments/67bd00/bu_node_under_attack/

     
  18. freetrader

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    https://btcmanager.com/the-story-behind-the-asicboost-extension-blocks-scandal/

     
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  19. Christoph Bergmann

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    @Norway
    Maybe it is a professional agency having hundreds of twitter-accounts and shuffling them to give covertly retweets?

    @everybody
    What do you think about the patent issue? I'm thinking about writing about it, but am very clueless if it is relevant at all or not ...
     
  20. freetrader

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    @Christoph Bergmann : it would be interesting to get input from Andrew Hinkes, Esq, about the patent situation. Unless you're a lawyer familiar with this subject matter, I don't think there's much point in speculating.

    All we can observe is that there might be a patent war about blockchain patents brewing between orgs like Blockstream, banks and big tech companies, nChain etc.
     
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