@OnTheBlockChain Signaling is saying “follow me, take it or leave it” whereas voting is “join our gang to force our will upon others.”
@OnTheBlockChain Voting == tyranny of the majority.
Dogma: “Doing X is an attack on Bitcoin!”
Discourse: “I disagree with doing X because my vision for Bitcoin is Y.”
@eric_lombrozo Author is complaining about broad claims that gloss over details. https://t.co/THqJTWkNUq
The dogma built up by various schools of thought in Bitcoin has led quite a few people to start confusing opinions with facts.
@deadalnix Surely you agree that the magnitude of the malleability problem is a matter of perspective.
@deadalnix So you’re fine with opt-in tx malleability fix, you’re just complaining that some people glossed over the details. Mmmmmk.
Compare and contrast two very different approaches to evaluating Bitcoin protocol changes. pic.twitter.com/qsa3WZLx7W
RT @TheBlueMatt: On Bitcoin’s Diversity of Use-Cases and its trustless properties, and what this means for changes to it https://t.co/W6fBx…
@NTmoney Bitcoin is terrible for traditional innovation; permissionless innovation is much more challenging. Hopefully that will change.
Excited to host Dr. Alessandra Scafuro, TumbleBit researcher, next Tuesday at @TriangleBitcoin! https://t.co/x9EYor5vlN
@Excellion @el33th4xor I thought the general agreement was that if it’s suboptimal, the market will work itself out.
@TaylorGerring Not if the result of voting is the side that reaches an arbitrary threshold % gets to force their decision on others.
@Bulldozer0 Are you kidding? Nation states are about as authoritarian as it gets.
@TheBlueMatt @el33th4xor @sysmannet Seems to me that BitFury gave up over 2 BTC in fees with the 2 blocks between F… https://t.co/jhDigRMW7y
If someone says they’re voting to change Bitcoin, it’s a warning sign. Authoritarian systems use voting; voluntary systems use signaling.
@ARKblockchain @dangermouse117 @BKBrianKelly I can’t help but be reminded of models that predicted $1M BTC by now 🙃 https://t.co/m1hyE1lCLK
@dgenr818 @lucas_lclc I’m not sure that anyone signing road maps counts for much in the first place. I’ve never signed any.
@spiroseliot IDK, I’m hoping everyone was just busy having a life over the weekend :-)
@Ethan_Heilman @reddit General problem is many entities don’t /know/ they are repeatedly paying each other on-chain. LN solves automatically
@Ethan_Heilman @reddit There is room for massive efficiency gains here, which is why I’m so optimistic about LN.
@crainbf @TaylorGerring Major contention is between how much it should cost to run a node vs how much it should cost to send a txn. 🙃
@TaylorGerring @crainbf Yep, more and more use cases getting priced off the blockchain. See my recent tweet about mining payouts for example
@crainbf @TaylorGerring Indeed, but neither is Bitcoin a normal system. Data scarcity doesn’t really exist in other payment systems.
@crainbf @TaylorGerring Paying around 140 satoshis / byte? That seems to be the going rate.
@dgenr818 @lucas_lclc Bitcoin itself came from an obscure source. Identity is irrelevant in the market of ideas.
Pools clamoring for control over block size could make better use of current space by ceasing tiny daily payouts. https://t.co/5hgpQa0BGe
@ModernApostate @TuurDemeester @timpastoor @TechBalt Pretty sure @BitFuryGroup is already doing immersion cooling.
Bitcoin: they don’t think it be like it is, but it do.
@seweso @Elessar29 The UASF post clearly states how miners can safely opt out of UASFs via border/firewall nodes. https://t.co/47f9HqP7cY
@bendavenport I only use Lyft now because the drivers consistently told me that Lyft treats them better.
@mybets_2016 @Zonacats1 @aantonop You can buy quickly (and more privately) w/cash via localbitcoins / mycelium local trader.
@BronxR That’s why I hope we can completely move away from flawed forum models.
@BronxR The community will continue to change as Bitcoin grows; I’d suggest making peace with it since it’s out of your control.
@BronxR Too much vitriol in the less moderated forums for me to recommend them to newbies. I clarified my views here https://t.co/bhR7cbfawN
Just added to my Epic List of Bitcoin Resources: every recorded Bitcoin conference I could find. Did I miss any? https://t.co/V34A6R170f
@zooko @ryanxcharles Indeed it’s unlikely, though as we’ve seen with ETC not everyone will choose that route.
@ryanxcharles What if the chain with the larger market cap and business acceptance is the minority hashrate chain? 🤔
@ryanxcharles How do you intend to determine which chain has the economic majority?
@ARKblockchain It would be more precise to say “some blocks will have SW features” since those who opt out won’t mine SW txns.
@theblackmarble @ARKblockchain Personally I think it’s inevitable that Bitcoin will some day have a less contentious hard fork.
@theblackmarble @ARKblockchain I’m “cool” with other people leaving and creating their own network; I can’t stop them from doing so.
@ARKblockchain There is no signaling from full nodes because that’s subject to a Sybil attack. It’s just a flag day soft fork.
@theblackmarble @ARKblockchain I’d prefer that not happen, but it’s a fundamental feature of the system that you can’t change.
@theblackmarble @ARKblockchain Miners are free to hard fork whenever they please. 🙃
@DFSGRINDTIME Given the deadlock from miner activated soft forks and community-wide hard forks, this does appear to be more practical.
User Activated Soft Forks TL;DR: we can Make Bitcoin Great Again by depoliticizing it. Users need not ask permission to upgrade protocol.
Welcome to the Bitcoin development mailing list, “shaolinfry” ðŸ’ðŸ»ðŸ’ðŸ»ðŸ’ðŸ»https://t.co/47f9HqP7cY https://t.co/CG5cfpFNBr
@Truthcoin When are you going to give the full length version of that talk?
“It’s an engineering requirement that Bitcoin remains above the law.” - @Truthcoin
@TradeBlock RED ALERT! Your Bitcoin node appears to be down.
@rogerkver AFAIK other malleability fixes require a hard fork and no Bitcoin wallets actually support them; would take longer to deploy…
@djinnius It gets complicated and depends on how “safe” of a hard fork is being attempted. I’d suggest hashpower follows economic power.
@djinnius A hard fork is when a set of people decides to agree to a new set of non-backward compatibles rules. Anyone can do that.
@djinnius Miners don’t dictate the rules; read the “balance of power” section here: https://t.co/2DKbJOkOTx
Bitcoin isn’t political money inasmuch as changes can’t be dictated by an elite. Perhaps it is philosophical money. https://t.co/65nDrtDQmy
While the Bitcoin protocol determines consensus objectively, the means of determining changes to the objective consensus are subjective.
@wuehler The point being that the culture of tech users is irrelevant to the value proposition of the tech.
@wuehler The whole cat picture thing just reinforces the immaturity in Internet. You can hate me but if you want institutional money, stop.
BitGo We have confirmation from Cloudflare that BitGo was NOT in a zone affected by the #cloudbleed bug. No action required for BitGo customers.
@theonevortex @rogerkver @WhalePanda I never said that. My advice applies to everyone regardless of their perspective.
@theonevortex @rogerkver @WhalePanda Right; some people are antagonizing and others keep their cool. All I’m saying is: be cool.
@WhalePanda @rogerkver I write constructive articles instead of calling people with different perspectives liars. medium.com/@lopp
@sajmathieu @WhalePanda @rogerkver Yes, I’m talking to both of them.
@WhalePanda @rogerkver Pointing fingers won’t solve anything.
@EJPharmD I’m optimistic in general. My main point here is that Bitcoin & Zcash can be complementary.
Bitcoins grow on (Merkle) trees.
@homakov What’s your recommendation for DoS protection?
@Jim_Harper I had to learn the hard way - I probably spent my first couple years in Bitcoin arguing with trolls 😳
Stop trolling.
Stop feeding the trolls.
Stop repeating arguments.
Help Make Bitcoin Great Again.
https://t.co/LAJP1nBIfx
@stanmarion Possibly, though their effect seems to weaken each time.
lopp 1) BTC bull returns
2) /r/bitcoin turns into price posts (YOU ARE HERE)
3) MSM picks up story
4) ignorant speculators buy in
5) sell off
@jimmysong Right, I suspect there will be a large incentive to keep channels open and remain “inside” Lightning Networks.
Bitcoin Lightning Network + Zcash Lightning network + atomic cross chain swaps = fully fungible “free” micropayments?
@eric_lombrozo One option would be for you to look at darknet market forums. Shows frustration of bitcoin newbies. https://t.co/zMZcczHDeV
@AlpacaSW Would require collusion since good fee estimate algorithms ignore txns that only appear in blocks w/o being broadcast.
@BlockCoreCancer @ryanxcharles Wow. It’s sad that you created an account just to spread vitriol. Please don’t waste our time with it.
I’m calling it now - this week has been a “fee event” in which recommended fee rates have risen 40% - 50%… https://t.co/DXsWfYAOAH
@BitcoinQueue Time to increase your granularity for fees > 100 satoshis / byte.
30% of Bitcoin Unlimited nodes are pruned, but if a BU node has an AD > prune (MB) / avg block size, a reorg that long would break the node.
RIP SHA-1 https://t.co/CfmCTUeXWA
@GabrielDVine Same 21M cap.
Due to a quirk in Bitcoin Testnet’s unique difficulty adjustment algorithm, 20,405,434 TBTC have been issued in 6 years.
Pro tip: buy bitcoins today so that you can afford to pay the transaction fees in the future.
@flyosity this bot needs more followers: @Germanwordfor
What’s the German word for when you create sanity checks and then over time the world changes and what used to be insane is the new normal?
@CharlieShrem It’s within normal variance; doesn’t indicate any change, at least not yet. pic.twitter.com/iKOtUs0ctV
@timpastoor @btccom_official @DarrenMills @twobitidiot Well, I work for @BitGo soooo yes, I’m a big fan of that model ðŸ’ðŸ»
@DarrenMills @twobitidiot Trezor, Ledger Nano S / Blue, KeepKey
@twobitidiot Perhaps it’s time to rethink your position on noncustodial wallets? https://t.co/8IBma3Ep6X
I’ve been testing running Statoshi on a pruned node and it’s doing well. Would be interesting to compare metrics with an archival node.
@TaylorGerring Unsurprisingly, that thread is a hot mess.
@CryptoChrisG Seems likely that an early adopter is using @YourBTCC’s BlockPriority service to clean up their UTXOs.
Odd block from @YourBTCC with low fee rate, consolidating ~10 BTC of UTXOs encumbered by address first seen in 2012. https://t.co/GfVahuGn8j
@Bulldozer0 @barrysilbert @99BitcoinsHQ Peter Vessenes
@el33th4xor Aren’t you mining for citations? 🤔
Oops, Bitcoin is dead again. https://t.co/XG2s5Pb4BO /cc @barrysilbert @99BitcoinsHQ https://t.co/FMvqTlUXxN
Satoshi conceived of vanity generated addresses on Jan 12, 2009 - Bitcoin had been running for 1 week.… https://t.co/ZZr1iviwGr
@bitsewa If you do a hard refresh on statoshi.info do you still get the SSL error? I’m trying to get it to load the cert chain.
@ryanxcharles Ahahaha I remember that one. It was a fascinatingly ignorant response.
@Dave_Parrish Quite. A lot of code was reorganized for this release.
RT @iang_fc: N Reasons why Searching Electronic Devices makes Everyone Unsafe.
https://t.co/kjrYm8zhKk
*Places bulk order for popcorn* https://t.co/CgyRHWcDUa
@martindale This was trickier than usual due to the breakup of main.cpp, which was where most of Statoshi’s unique code lies.
@martindale I only roll straight up master branch w/Statoshi - not sure it will be of much help.
Spent the entire afternoon merging 1,000+ commits from Bitcoin Core 0.14 downstream into Statoshi. 😔 Good luck to other fork maintainers!
@kyletorpey There was nearly 50% for 8MB blocks though IIRC there wasn’t a real implementation behind it. https://t.co/JtPv0qzQRU
@TuurDemeester @BitGo No clue, but I only really deal with paying enterprise customers. Individuals have to go through general support.
Satoshi told @halfin that he was the only reason the Bitcoin network kept running during its first days.… https://t.co/7Lz1RAZx6q
“The Internet is a brutal, rough and tumble place.” - Satoshi Nakamoto
RT @bradheath: The warrant the FBI used to authorize its Tor browser exploit has been the subject of at least 36 suppression decisions. And…
RT @bradheath: Court: 4th Am. “permits law enforcement at the int’l border to perform a cursory search of a digital device” without reasona…
rogerkver Just as true today as when he first said it many years ago. Get involved with Bitcoin today! pic.twitter.com/TuQXAGi80o
@flyosity Calllllled it. https://t.co/BdXrU7kVAh
@sajmathieu Meh, Michael’s name was published on his own site (https://t.co/nc8CRqNLwK) for some time. https://t.co/LIFnBiwr49
There is a rich history of the early days of Bitcoin that isn’t archived on forums or mailing lists. I hope we can save it before it’s lost.
Reddit admins finally agreed that Michael Marquardt (AKA theymos) is a public figure due to this NY Times article. https://t.co/ZFmTiQqtE3
@SDLerner Are you confident that you’ll be able to convince people to use your solution?
“Writing a description for this thing for general audiences is bloody hard. There’s nothing to relate it to.” - Satoshi Nakamoto
Anecdotal evidence: I haven’t seen a single @BitGo customer ask if we will support Bitcoin Unlimited. Far cry from XT & Classic a year ago.
@TradeBlock FYI it looks like your SSL certificate expired…
@bradmillscan It’s unlikely to change because Bitcoin holders are highly incentivized to disagree with any proposal to change that rule.
RT @ARKblockchain: Just updated: #bitcoin transactional volume in 2017 has been $260M per day, $180K per minute. Up 55% from 2016, which wa…
2-block target bitcoin transaction fee estimate is up 77% YTD to 138 satoshis per byte. pic.twitter.com/359X2rtYTT
“Satoshi didn’t seek regulatory approval.
He didn’t go to the UN or the Federal Trade Commission.
He just put it out there.”
- Timothy May
“The street will find its own uses for technology. People don’t need to be urged to use bitcoin.” - Timothy May https://t.co/sIHc55gvUR
Research paper compares private fiat currencies to Bitcoin & concludes digital currencies will be counterfeited. 🙄 https://t.co/Ann7D6eRWV
@bradmillscan Basically: Bitcoin is whatever rules we agree upon (which can change), not a set of rules that Satoshi decided upon for us.
What would you prefer to read an article about?
@fredbcampbelljr @CathyReisenwitz Some see it as a bug, some see it as a feature. https://t.co/7xL0z3ggKC
It’s time to stop making fallacious appeals to authority. Satoshi left and we have continued without him. https://t.co/bbqdYLId8k
@kristovatlas Actually, looks like @MicreeZ is on Twitter. Perhaps he can answer as to when we can expect Antpool to start mining with BU?
@kristovatlas Which leads to the question: why isn’t Antpool mining with Bitcoin Unlimited? https://t.co/qSU0zddtp1
@el33th4xor @aegencer Looks good; your latency number of 110ms nearly matches my node’s ping stats (median of 109ms) https://t.co/GfGilp39Gf
RT @el33th4xor: Get your pitchforks and troll armies ready! We have a new post on the State of the Bitcoin Network.
https://t.co/r6uAJUEs6â…
Fee rate threshold for highest paying 1MB of transactions in mempool, past month. Still some periods of slack; good… https://t.co/LrhR3t6s5o
RT @EmergencyPuppy: You never change things by fighting the existing reality. To change something, build a new model that makes the existin…
@PlatoWright It doesn’t work like that; the only thing preventing SegWit activation is mining hash power.
_primes_ 342343
Pessimists should prepare to be disappointed because optimists will win due to determination.
RT @whispersystems: Today’s Signal for Android and iPhone release includes beta support for encrypted video calling: https://t.co/31gWIdcyMM
@rauchg Hashrate is a good metric, but there are many many more. I covered a few of them here: https://t.co/m45Yvya77Y
Bitcoin can not die until there is consensus it is dead.
Bitcoin can die for individual people.
Bitcoin will die for some.
@mecampbellsoup @GabrielDVine @Melt_Dem @Beautyon_ No Bitcoin community, no democracy, no right or wrong sides - just sides. 🙃
@morcosa @kristovatlas @adam3us I know, right? “Chaincode Core” has a much better ring to it, though I’m partial to alliteration myself.
@kristovatlas Same old same old; I’d recommend @adam3us bookmark one comprehensive post and link to it to save time w/future responses.
@el33th4xor Sounds like you’re saying some forum authorities can be trusted to behave objectively. I’m saying we shouldn’t have to…
Subscribe to my @TriangleBitcoin & Business @YouTube channel to see our new presentations; we make 1 per month: https://t.co/oD2Ln0ReQ3
@timpastoor @kyletorpey Ah, looks like a WoT system - have you looked at this, @ryanxcharles? https://t.co/Wvjx5Jeu22
@timpastoor @kyletorpey Are you referring to the million dollar forum rewrite or something else?
@kyletorpey Indeed, I highly prefer twitter because I can curate my own content. Trade-off due to difficulty discussing complex topics…
Every Bitcoin forum is flawed due to being controlled by people w/vested interest in seeing their vision promoted. https://t.co/puUH1Bd8tR
In which I discuss the current state of discussion forums. https://t.co/i1WvDBeWgp
@starkness Perhaps @Melt_Dem can act as a bridge to the people who don’t have a complete understanding of the situation.
@starkness @Melt_Dem Seems to me that this is a good opportunity for the two of you to sort that out.
@starkness @Melt_Dem If compiled statements are inaccurate then it’s a signal that for whatever reason, some people are uninformed.
@MrHodl @mecampbellsoup @GabrielDVine @Melt_Dem Meatspace consensus around what Bitcoin actually is and how it should evolve is never-ending
@MrHodl @mecampbellsoup @GabrielDVine @Melt_Dem You don’t have to participate if you don’t want to.
@mecampbellsoup @GabrielDVine @Melt_Dem Sure, disagreement is great. It’s claiming to be “technically right” that doesn’t help the debate.
@mecampbellsoup @GabrielDVine @Melt_Dem The critieria used to judge “responsible” are subjective and vary based upon vision & priorities.
@mecampbellsoup @GabrielDVine @Melt_Dem Technically, Bitcoin needs both bigger blocks and off-chain solutions. https://t.co/NAgwhc33iP
@mecampbellsoup @GabrielDVine @Melt_Dem There is no “right” or “wrong” side of the scaling debate, only different visions & priorities.
@30somethingSTL @Melt_Dem There’s far more to Bitcoin than technical analysis.
The responses to @Melt_Dem’s recent article have unfortunately provided more evidence that these points have merit.… https://t.co/VB7dyhO2it
@shesek @donkeyscience It can be both moderation & censorship. If reddit can’t function without it, sounds like a flaw… ð@YoursNetworkork😉
IMO automatic removal w/o notifying the user is more insidious than moderation w/notification & explanation. https://t.co/KH2MZnY5Dh
@shesek Yeah, Reddit sucks in general.
@markcross @LukeDashjr @alistairmilne Hashrate signaling is unrelated to full node versions.
@mikestable Sounds like a job for… @grillmaestro!
@LarryBitcoin @socrates1024 Did I miss an /r/bitcoin rule somewhere that you’re not allowed to discuss /r/bitcoin policies?
@LarryBitcoin @socrates1024 After pointing out the ridiculous rule my comment was “unmoderated” and later the thread was locked & deleted.
@hernzzzzzz Control, no. Major discussion hub, yes.
@hernzzzzzz Slippery slope. What if someone advocates adding blacklisting at the node/protocol level? Cries of censorship would be stifled.
@eric_lombrozo @fluffyponyza Don’t shoot the messenger; @Melt_Dem noted this in her post: pic.twitter.com/f1PvfkH3cg
Confirmed: /r/bitcoin automoderator rules censor any references to censorship. https://t.co/m20OKO6SCX https://t.co/Q6CD1pd9Zh
@hitchslappy @LukeDashjr @alistairmilne Not all nodes can be connected to, often because they’re behind a NAT and only make outbound conns.
Configuration options available in Bitcoin Core…
0.5: 31
0.6: 48
0.7: 61
0.8: 64
0.9: 67
0.10: 97
0.11: 107
0.12: 129
0.13: 130
0.14: 139
lopp 8) My request to Bitcoin enthusiasts discussing proposals to improve the system is that you first ask yourself: “What would Hal do?”
lopp 1) I recommend that every Bitcoin enthusiast reads Satoshi’s original announcement email thread in its entirety: goo.gl/z3HkoK
64% of reachable Bitcoin nodes support Segregated Witness. https://t.co/QcOvlYKHBc H/T @LukeDashjr & @alistairmilne https://t.co/sZS3xB9ztf
@el33th4xor @DukeU @ncsu @UNC They’re listed on https://t.co/cv9j1hLACp
Looks like the cold storage @GlacierProtocol has been released at https://t.co/wAW96bNnAQ https://t.co/Zcfyv1Su5H
RT @SatoshiLite: New Lightning Network video by @LitecoinAssoc and @MLPFrank https://t.co/ROWGNhAobW
@Rodr_76 My initial guess is that it’s for Duke students and employees, but I’ll be sure to ask.
I’m pleased to report that @DukeU has formed a Blockchain Lab; I’ll be attending their first meeting next week. Your move, @ncsu & @UNC…
naval Money has a powerful network effect. The first country to embrace Bitcoin will tip the rest of the world and end up fabulously wealthy.
naval Software is just an idea that can do work outside of the human brain. Ideas are impossible to ban or effectively regulate.
@naval Or lowest common denominator?
Is SegWit a block size increase? See for yourself!
1MB non-SegWit block: https://t.co/E10lBqAttj
1.7MB SegWit block: https://t.co/zKEOVXpbfs
RT @bradheath: “In this case, Van Buren County took property worth $206,000 to satisfy a $16,750 debt, and then refused to refund any of th…
Predicted 20 years ago in The Sovereign Individual: nation states will compete for citizens (revenue) via taxes. https://t.co/ngoBDrJTYf
@MashuriBC @CharlieShrem @Excellion True for CONOP, though remains to be seen for tx cost. Successful LN could raise tx cost.
@CharlieShrem @Excellion @MashuriBC Rock, meet hard place: what’s the use of low CONOP if transaction cost overtakes CONOP?