Post
Topic
Board Bitcoin Discussion
Re: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud)
by
hdbuck
on 19/12/2015, 11:39:13 UTC
salt..

Quote
This denigration of signatures represents nothing less than an attack on the primacy of cryptography in cryptocurrency. The blockchain represents a complete and verifiable historical record of every transaction and balance in Bitcoin. Attacking verifiability by lopping off signatures in a misguided effort to cram more transactions into a megabyte. This leaves a eunuch which is no longer the virile Bitcoin we love. As signatures fade into history, cryptographic certainty is replaced by faith and hope.

Quote
Ultimately, it is about increasing the number of places where Bitcoin can break and reducing the prominence of cryptography in cryptocurrency.

http://qntra.net/2015/12/after-xt-failure-gavin-andresen-supports-jim-crow-for-signatures-on-the-blockchain/


and pepper... http://trilema.com/2015/theres-a-one-bitcoin-reward-for-the-death-of-pieter-wuille-details-below/

Sorry I can't offer a knee-jerk reaction to this.  I need more time and information to produce commentary of value.

As with sidechains, I will by default fight this feature.  But I will also hope that fight is similarly futile and the new feature will prove worthy of adding value to Bitcoin.   Tongue

How about the knee jerk reaction that death threats aren't helpful?

its not a threat, it's a cryptographically signed message.

to show you noob the cryptography in cryptocurrency, but not so surprisingly all you kid can see is "ofmg de4th threat"!!