Quote from: leithaus on September 27, 2015, 08:11:22 PM

i would be interested to see your data that blocksize will solve the scaling problems. Have you run some simulations? Do you have other supporting calculations? All the simulations reported at the Scaling Bitcoin conference in Montreal suggest a very different picture, with increased blockchain size having, in many instances deleterious effects on some scaling phenomena. Certainly, back of the envelope calculations do not support the position your espousing, but i'm always open to entertaining good discussion about this problem.

No, it was simply an off-the-cuff comment based on my understanding. I probably should have clarified my comment that I believe a blocksize increase will undoubtedly lead to a loss of decentralization. Less full nodes will be run by home users because of increasing hardware requirements and it will further centralize mining around high speed internet infrastructure due to the requirements of downloading the blockchain. Are there any other deleterious effects that I'm missing?

Quote from: fartbags on September 27, 2015, 08:14:17 PM

Quote from: BittyBoBitty on September 27, 2015, 04:34:39 AM

way too huge premine for me. The new scam is "make a social network" and paint a multimillion dolla picture. No ICO, proof of work is the best way

It's a good time to be a developer. I have VCs contacting me every week. They beg me and my friends to start a 100% premined PoS coin and sell them a bit of it for cheap. VCs are the biggest scammers around.

There will definitely be some high quality no premine Synereo clones coming out after Synereo launches. Me and my friends will be working on one once Synereo is more developed. Feel free to join our social network instead. We will be giving away all of the coins for free. It will be PoS so that there is no need to get PoW miners and pay them.

One of the problem is you need money to get Synereo developed. People don't want to invest when I'm just going to make a better Synereo and give coins away for free.

You're going to be the NEM of the Synereo movement. How'd that work out for those NEMwits?