Quote from: miningmeter on January 21, 2016, 07:40:38 AM

Quote from: smooth on January 21, 2016, 07:28:32 AM

Quote from: miningmeter on January 21, 2016, 07:27:17 AM

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Quote from: miningmeter on January 21, 2016, 07:14:47 AM

Quote from: Spondoolies-Tech on January 21, 2016, 07:12:04 AM

Quote from: ripper234 on January 21, 2016, 07:08:42 AM

Quote from: Spondoolies-Tech on January 21, 2016, 05:47:07 AM

Can it be Core and Classic instead of Core vs Classic ?

My discussion with Jonathan Toomim in "Miner In World" WeChat group.

http://pastebin.com/B8YQr5TQ

I'm working on a proposal for a rotating PoW changes to allow Core to survive Classic activation and bring an era of endless GPU mining to Core.

Please take the time to read it and comment.

Guy

I think the problem you are trying to solve isn't real.
I think Core and Classic will converge to friendly competition, and be on the same blockchain. There will not be an actual work between these two groups.
My 2 cents.

So,
My estimation is that Core team will split. Some will continue to work on Core but on Classic chain, buy some will prefer to do PoW (and Transaction ID) change rather to submit to the new governance.

Guy

And you will be there to give new governance to it? He wants to start a central committee of hash and for him to be part of it. He does this out of his company falling apart. They went from giving huge bonus to all top level employees to being beat by Bitfury where no one with big orders will want a SP50.

He is trying to find way to stay relevant. This is one attempt at it. He will not be able to do it.

Seems like a pointless personal attack by you (even as I agree the committee is a dumb idea). The proposal from him I saw was for the term on the committee to be limited so even if he were on it, he wouldn't be on it for long. So what?

So a company that lost in the asic race wants to start a new way of profit via committee. Spondoolies is growing unprofitable look at the data, they have to release after being public.

If they won the asic race they would not be pushing for this. The SP50 sealed the deal on them going away, unless they can pull something like this. Have you read their company stats?

How they going to profit from this? Competing with AMD or NVIDIA on GPUs?

It's about trying to get all companies on same level. Do you not see he pushes from asics after losing on development?

Mining on Bitcoin will not go back to GPU's its a attempt to go to something other then asic which they are losing at. They want to be on same level as bitfury, so change the protocol since cant match chips.

They never had a problem when they were ontop and making tons. Only after they were beat in the asic development do they want to change protocol. I will not waste more time on Guy. Time to get back to work.

How is Guy going to make money from this? Be specific.