@ryanxcharles Inflation is still theft, right?
@Devar /r/Bitcoin is run by Theymos, not by Bitcoin Core. Your beef is with him. https://t.co/Tbj1xf113A
@el33th4xor Was the argument “hash power is king even over economic power?” I don’t remember that argument…
@hcarpach Um, isn’t it pretty clear that’s /not/ the case? If BU devs weren’t able to propose changes to the community, we wouldn’t be here.
@brettking @masonic_tweets Good point!
@VinnyLingham You mean in the event of a hard fork? Could at least go with GPU mining PoW.
@VinnyLingham The problem with CPU based PoW is botnets.
Some Bitcoiners think that w/sufficient hashpower a chain fork can be quelled into submission. They forget how anti-authoritarian we all are
I’ll take a protocol war over a nation-state war any day of the week. Crypto anarchy is messy but we still agree that inflation == theft!
Most of you see “small blockers” fighting “big blockers.” I just see a whole bunch of angry people who haven’t found the Tao of Bitcoin.
@el33th4xor Can confirm; when I’m neutral I get attacked even more (by both sides) for “supporting the other side.”
@Excellion FYI, it appears that BU devs have no intention of adding replay protection - their plan is to kill the Core chain instead.
@DigiEconomist @ryanxcharles I’m pretty sure we’re saying the same thing, though this fork situation is inverted.
@Amjad198seven If the volatility / uncertainty makes you uncomfortable then sure, you can always sell and come back later.
The moment you convince yourself that you understand Bitcoin is the moment that you stunt your personal growth in this ecosystem.
RT @coindesk: Bitcoin means different things to different people, and maybe that’s okay: https://t.co/7OOafajNeY
@ryanxcharles Majority hashrate will follow economic majority in the long term, but not necessarily in the short term…
@ARKblockchain I think this clarification is positive. BU supporters now know where the bar is for them to successfully hard fork.
@VinnyLingham “Substantially superceded” doesn’t just mean one attribute such as hash power, though. I agree w/their statement.
Listen up miners; the economy is speaking. https://t.co/qK9ztGTcfA
@desantis @robustus @cryptotraveler I’m not at all worried about such an attack if the attacker has to be within 10 cm of my device.
@bhec39 Come again? You’re saying I contradicted myself?
@blocksecure Surprising, but Ethereum transactions also shot through the roof. Someone’s using it for something. etherscan.io/chart/tx
@mpaleo51 It was somewhat despair this week for BTC holders as it dropped and other cryptos went up.
I don’t consider myself a trader but I do kind of consider it my duty to sell during hype/mania and buy during despair to reduce volatility.
@meow_force_one @CharlieShrem If that’s what you want, no one is stopping you.
@meow_force_one @CharlieShrem Given all the recent performance enhancements, I expect my Pis will still run fine. I’ll let you know.
@meow_force_one @CharlieShrem Your frustration is understandable; I suggest that you seek the Tao of Bitcoin. https://t.co/qq1wHVuNiP
@meow_force_one @CharlieShrem Of course not - more performance improvements will arrive and block size will be increased.
@prestonjbyrne @izakaminska Heh, you’ll always be able to find outspoken people to be upset about - in any field. That’s just life.
@jgarzik @ndrchvzz @seweso @Satoshi_N_ I’m down for some BIP109, though not so much for ceding any of my node’s power to miners.
@paulvigna @BKBrianKelly With a different governance model, sure! But that’s part of what makes this ecosystem a fascinating experiment.
@izakaminska @prestonjbyrne The fact that fees used to be low != low fees are Bitcoin’s primary value proposition or even engineering goal.
@BKBrianKelly @paulvigna While a lot of people are wasting time bickering, many folks are quietly building. Not everything is as it seems.
ryanxcharles Been involved in bitcoin since 2011. We’ve been on the edge of catastrophe the entire time. Bitcoin is the riding a motorcycle of finance.
@jgarzik @Satoshi_N_ I’m with you there, it really just seems to be an argument about timing. https://t.co/iOPMVgkLJX
@jgarzik @CharlieShrem It is indeed silly to argue about 2X capacity increases when we need to be focused on order of magnitude increases.
@jgarzik @Satoshi_N_ You’re supporting Emergent Consensus now, right? As a tried, safe, simple technology?
@jgarzik @Satoshi_N_ Yep, both are true. I’ve been saying the same for years.
@jgarzik @CharlieShrem And as an opt-in upgrade, SegWit allows the cautious to wait and let others take said risks. 😀
@Satoshi_N_ Interestingly, 2013 @jgarzik also said this… https://t.co/RblHlQHQ9I https://t.co/uTni76ZmuG
@YourBTCC Looks like that’s the wrong link
@CharlieShrem Simple P2PKH sends would be about 30%. Bigger savings for complex P2SH. https://t.co/9nX5ZgJGaf
@CharlieShrem But newer nodes still receive the data in a slightly different format, creating a larger block.
@CharlieShrem When you spend funds from a SegWit address, the signature is stored outside of what older nodes consider “block space.”
@VinnyLingham @donaldmcintyre_ Could be a bad short term strategy, but I’m optimistic long term.
@donaldmcintyre_ @VinnyLingham Now is the time for all good Bitcoiners to BTFD.