Re: "Bitcoin is at serious risk of becoming the MySpace of cryptocurrency" - Gavin
Days after Segwit code is released in Bitcoin Core 0.13.0, Gavin Andresen is back doing the rounds arguing for bigger blocks. Anyone smell another coup attempt brewing here? I suppose we all should have seen this coming.
Now he argues that wanting to validate every Bitcoin transaction is "irrational." In other words, he suggests we toss the entire full node security model into the trash bin.
This guy is a snake. Expect news to emerge in the coming weeks regarding new attempts to hard fork Bitcoin.
And remember: Always run a full node. Enforcing the consensus rules is your only security over your Bitcoin. Let's fork these assholes off our network when they try to change the rules.
Quote
Bitcoin is at serious risk of becoming the MySpace of cryptocurrency because it is failing to scale.
https://www.reddit.com/r/Bitcoin/comments/4z70jm/bitcoincoredev_bitcoin_core_0130_released/d6u5mptNow he argues that wanting to validate every Bitcoin transaction is "irrational." In other words, he suggests we toss the entire full node security model into the trash bin.
Quote
I HAVE done the research, your connection sucks compared to most of the rest of the world-- but why should the rest of the network be crippled because you have an irrational desire to validate every single Bitcoin transaction?
https://www.reddit.com/r/Bitcoin/comments/4z70jm/bitcoincoredev_bitcoin_core_0130_released/d6u0grbThis guy is a snake. Expect news to emerge in the coming weeks regarding new attempts to hard fork Bitcoin.
And remember: Always run a full node. Enforcing the consensus rules is your only security over your Bitcoin. Let's fork these assholes off our network when they try to change the rules.
And expect another round of altcoin pumping as the ecosystem becomes just like Wall St. with all the fake news and fake infighting to back the price fluctuations.
MySpace indeed.
The whole thing.