Quote from: r0ach on March 14, 2017, 02:34:14 AM

Quote from: sidhujag on March 14, 2017, 12:52:34 AM

It's quote obvious man.. your tone was similar to when you were pro bitshares

At that point I said no cryptocurrency designs were actually decentralized or scalable so DPOS was probably the best compromise. It's voting based and voting is the best of the worst solutions we already use in real life. If the form of consensus is completely alien to what we utilize in real life, then it would just be circumvented by the voting process anyway. The consensus would kind of have to integrate directly into what we already use to not be circumvented, otherwise it's a paper tiger.

Quote from: sidhujag on March 14, 2017, 12:52:34 AM

to bitcoin sucks gold ftw

Yea, once you figure out cryptocurrency doesn't actually solve any of it's claimed problems, and there are no valid solutions to fix it, you tend to go back to the more decentralized, better store of value, more scalable, more fungible, less likely to be taken over and used by govt as a slave system - metals.

Bitcoin died and no longer accomplished any of it's goals as soon as ASICs and pools were created, but centralizing it by a Chinese cartel actually allowed them to push market cap higher..because there was incentive to do so. The current state of bitcoin is now irrational arguments put forth by Marcus and my reply to it below:

Quote from: r0ach on March 14, 2017, 01:36:47 AM

Quote from: marcus_of_augustus on March 14, 2017, 12:04:35 AM

contentious Miner Activated Hard Fork - MAHF

less than palatable User Activated Soft Fork- UASF is less dangerous

I'm honestly tired of reading this Orwellian nonsense. Bitcoin was clearly designed with miners controlling the protocol and forks in mind. Instead of speaking the truth, that there's supposed to be such a large amount of individually acting miners that it's not possible for them all to collude forming a nash equilibrium, and that only win-win policies would be adopted in a non-zero game game, you instead have a failure of bitcoin decentralization where everyone who controls the entire coin can fit into one car.

ASICs and pools destroyed how bitcoin is supposed to function. It essentially died at that point and people just pretended it didn't ever since and now it's the Chinese Paypal. This doesn't mean "full nodes" now control bitcoin just because you don't want one car full of Chinamen to control it. That's not how it works. Miners will always control it or it's not actually bitcoin. The fact is, there was a breakdown in the decentralization and Nash equilibrium of bitcoin that has to be addressed.

Decentralization may even be an insoluble problem itself, making this thing a giant fugazi no matter what you do. I tend to believe that is the case until someone can prove me wrong. I imagine it would take something extreme like some cutting edge cryptography to let you create decentralized captchas for mining so that it takes active user input to solve blocks - human based mining. Using energy expenditure to find convergence was never that great of an idea in the first place when energy costs are not even close to uniform across the globe. It was designed to centralize even without ASICs.

Why do you think I like metals? Bitcoin is a Ponzi scheme created by *some guy. Gold and silver are a Ponzi scheme created by *God.

So why are you here wasting your time? Is there goldbugs forum where you can talk about how the sun and gold are correlated to god somehow? Ooh shiny yellow stuff must have it!
Gluck.. ill gladly bet against you.. your track record isnt the best.

I do hope that you will win one of these times.. but i bet gold wont rise until the majority of sheep sell.. in a few decades.