Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)

I know that my home connection is considerably slower just from the node I run, as is.

If your node is slowing down your internet connection you could limit the number of connections, or throttle the network usage.

Both of which are harmful for the propagation of the network.

Then get yourself a better internet connection which will be good for the propagation of the network.

I have the best domestic connection you can get in the area (London, UK), and I've tried several providers. To get a better connection, I'd need a business range one. 1MB blocks mean total bandwidths over 150GB per month under normal configurations, and long saturation peaks.

You don't seem to understand the problem, or you are disingenuous and pretending you don't. The problem is that many people would not be able to run such connections and full nodes would be just in decentralized business range dedicated connections or in decentralized datacentres. I consider this a problem, XTard-in-chief Hearndresen thinks this is not a problem. Judgement call.

FTFY

What's the problem again?

The problem is you are too much of an imbecile to even begin to understand the value of Bitcoin.

Get back to your sandbox kiddo.

The value of bitcoin is a decentralized P2P cash system. YOU not being able to run a node is irrelevant.

No you dumb noob. The value of Bitcoin is that everyone can validate their own transactions so that we don't have to trust anyone to do it.

Of course an idiot like you would believe that if you trust someone's else node somehow you are still a peer but let me break it to you: you aren't. Anytime you have to refer to authority to validate your transactions you no longer have sovereignty over your money.

And that is what Bitcoin is about : monetary sovereignty. If you don't run a full node, you don't use Bitcoin as it was intended too :

PURELY peer-to-peer

False, you don't have to run a node to know and verify that the network is supposed to work as is.

For anything else, there is an altcoin.

Your understanding: it's broken. It's not about verifying that the network works as advertised but to VALIDATE YOURSELF every single transaction you are involved with.

If you don't do that you depend on an authority to do so (an actual, true-to-form, peer in the Bitcoin network). If you depend on an authority then you are not using Bitcoin peer-to-peer.

I know it might be hard to process for your 10 year old brain but that's just the way it is.