Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
iCEBREAKER
on 03/10/2015, 17:45:33 UTC
Three creative ways XTards are falsifying hash power in rent-a-hash and pay-per-hash schemes:

https://www.reddit.com/r/bitcoinxt/comments/3natjy/stepbystep_instructions_for_how_to_rent_hashing/

https://www.bigblockbounty.com/

https://cryptoplay.net/vote/

Making sure these spoofed votes are overwhelmingly non-indicative of hash power.

Proof-of-work is proof of work done.  Unlike node count, it cannot be spoofed.

Again you have no idea of what you're talking about and you are rambling on your spherical cows, which as a mathematician CS annoys me, you are adding to the stereotype.

PoW is legit, nobody is denying that, but version bits are being spoofed. This adds to the already known possibility that a version-bit based trigger scheme might get activated without the actual hashing power backing running what they say they are running.

"HURR DURR proof-of-work cannot be spoofed, therefore it is impossible for blocks to have faked version bits."

/PR logic fail

Peter R seems to have no idea how Bitcoin mining/pools actually work.  I asked him if he's ever mined so much as a single BTC.  No response...

Can you believe that such fucktard was allowed to speak at #ScalingBitcoin?  Maybe they invited him because he makes Team XT look like fools!   Cool