Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Happy Bitcoin Independence Day. A special walk down memory lane, for those who came to Bitcoin within the past five years:
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
Re: Bitmain announces plan to create altcoin if BIP148 succeeds
Re: Bitmain announces plan to create altcoin if BIP148 succeeds
Re: Antbleed: A remote shutdown backdoor in antminers
Re: Antbleed: A remote shutdown backdoor in antminers
Re: SegWit dying off in spite of all your efforts
(Those are only a few choice selections.)
- List of services supporting UASF/BIP148: Are you ready for UASF?
- pp. 317–318.
- In memoriam, relevant to the Wall Observer in addition to being about Bitcoin.
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
This thread is full of idiots who wants to lose money.
Re: Bitmain announces plan to create altcoin if BIP148 succeeds
Here's my small creation. 
Re: Bitmain announces plan to create altcoin if BIP148 succeeds
I have already stated that the ASIC monopoly and mining cartel are much more dangerous than any kind of scaling issues. Just so that we are clear, all these idiots in altcoins parading "we are the best, we will win next" will get crushed. This is the time to be watching and learning from Bitcoin, i.e. how Bitcoin combats and resists malicious actors such as Bitmain.
Re: Antbleed: A remote shutdown backdoor in antminers
Franky on ASICBOOST exposure: All is good. Ignore temporary drama.
Franky on AntBleed exposure: All is good. Ignore temporary drama.
Franky when someone mentions SegWit: "DOOMSDAY. TEMPORARY GESTURE. BLOCKSTREAM. BOMBS."
Franky on AntBleed exposure: All is good. Ignore temporary drama.
Franky when someone mentions SegWit: "DOOMSDAY. TEMPORARY GESTURE. BLOCKSTREAM. BOMBS."
Re: Antbleed: A remote shutdown backdoor in antminers
2. BU miners under Bitmain lead, have ASICBOOST, so they can invoke a 30% gain at any given time, on their own miners
This is partially correct. You're overestimating. ASICBOOST can save about ~20% in energy costs. However, at current profit margins of ~1% that translates to a ~2000% increase in profits.3. Now Antbleed has been revealed; a method that, until 48 hours ago, could have been used to destroy everyone elses Antminer on the planet at their discretion
Any Antminer that is not behind a 'disallow by default' firewall (which is very uncommon for home miners).Re: SegWit dying off in spite of all your efforts
Hunh? I was always a BU shill.
FTFY.I have also consistently (for about a year) pointing out that non-mining entities (which I had formerly been mistakenly been calling 'non-mining nodes') have essentially zero power to influence the network, and provide essentially zero value to the network at large. I have, though, stated that such non-mining entities are what allow their owners/users to transact in a trustless manner. Benefit to the owner, no benefit to the network.
Which is complete nonsense.But what I have recently learned is that Satoshi's definition of 'node' is necessarily limited to entities that mine.
No.So you know better than Satoshi?
The whole "satoshi" thing builds upon the assumption that miners are honest. We know today that this is not true (ASICBOOST, AntBleed, empty blocks, et. al.). Due to this, everything that you've quoted is nullified. The primary thing protecting the network from mining cartel abuse are the non-mining nodes. Do not get me started on Satoshi's failure to predict ASICs, and his 1 CPU = 1 vote does not mean 1 ASIC Miner = 1 vote. Otherwise you're basically saying that 1 Bitmain = Bitcoin (assuming they stopped shipping devices for a while and using all of them). what is
User-activated-soft-fork. Do you even Bitcoin?UASF or a POW change is coming, whether you like it or not.
yep mandatory changes, nuking pools, dis-communicating with the natives, does very much sound like government agency talk.(Those are only a few choice selections.)