/biz/ - Business & Finance

>>12014887

Suit yourself corecuck.

https://archive.fo/kjuLi - The Satoshi Affair

www.ohmysatoshi.com - Comprehensive timeline of Bitcoin history and CSW’s involvement.

http://cypherpunks.venona.com/date/1996/09/msg01451.html - CSW arguing with Julian Assange and Tim May on the Cypherpunks mailing list in 1996.

https://www.giac.org/certified-professional/craig-wright/107335 - CSW’s GIAC certifications.

https://researchoutput.csu.edu.au/en/searchAll/index/?search=craig+wright&pageSize=25&showAdvanced=false&allConcepts=true&inferConcepts=true&searchBy=PartOfNameOrTitle - CSW’s published papers through Charles Sturt University.

https://gizmodo.com/the-strange-life-and-death-of-dave-kleiman-a-computer-1747092460 - The Strange Life and Death of Dave Kleiman, A Computer Genius Linked to Bitcoin’s Origins

https://steemit.com/bitcoin/@belerophon/in-defense-of-craig-wright-part-1 - In Defense of Craig Wright

http://financialcryptography.com/mt/archives/001593.html - Ian Grigg on CSW being Satoshi.

https://instaud.io/2Vqb - The Crypto Blackpill


-----2013-----
Craig Wright tribute video to friend Dave Kleiman

https://www.youtube.com/watch?v=uVtOkE5vHbY

-----2014-----

Interview with Craig Wright on code war
https://www.youtube.com/watch?v=Nj-aRN2FJGs

Craig Wright discusses what Bitcoin IS at Sydney's Informa Conference 2014
https://www.youtube.com/watch?v=1PtAqNpEm7w

Craig Wright Interview - Part 1
https://www.youtube.com/watch?v=4GuqlQvFYJo

Craig Wright Interview - Part 2
https://www.youtube.com/watch?v=d0ttVAPKgTA

Craig Wright Interview - Part 3
https://www.youtube.com/watch?v=yB2YVJg6f1s

-----2015-----

All-Star Panel: Ed Moy, Joseph VaughnPerling, Trace Mayer, Nick Szabo, Dr. Craig Wright
https://www.youtube.com/watch?v=LdvQTwjVmrE


https://www.youtube.com/watch?v=ybvQ1YwcF-0


-----2016-----

Mr Bitcoin: "I don't want money, I don't want fame!" BBC News
https://www.youtube.com/watch?v=5DCAC1j2HTY

-----2017-----

Future of Bitcoin 2017
https://www.youtube.com/watch?v=v1_gxvx_QGo

>>11957615

In everyday talk about Bitcoin, most people say “decentralized” to mean what is technically a “distributed topology”.

Conversely, a network with centralized hubs can technically be called “decentralized” if it doesn’t have a singular center.

>>11957617

>you think "econ" applies to network protocol design you fucking imbecile? This is math and programming, this is engineering, not fucking economics

Lmao, okay, keep telling yourself that, you fucking spectator. I've been mining since 2011. I know how this shit works because my bottom line depends on it.

Get fucked.

>>11457735
>>11457883

>>10189168

This is why Lightning Network will never work.

Even the basic math we started with: 106=1,000,000 isn’t quite applicable. If we assume peers form mostly random connections without a central authority to plan routes, then there’s a certain probability of success. A one-in-a-million chance, repeated a million times, only produces a 63% success rate. Choosing 2 million times improves this to 84%, which would mean increasing the number of channels.

As users spend their income, available routes degrade, until the time that more funds are deposited. In other words, when a person receives a salary payment and deposits funds in the network, their channels are at a maximum, with full routing power. But as their money is spent, this power drops toward zero. Averaged out, this pattern cuts the routing power by about half, requiring double the number of channels.

Routing funds for others disrupts an otherwise even distribution of funds, which also diminishes the number of usable channels.
There is a large wealth disparity in any population. Therefore, the number of users that can route funds for any other random user is only a fraction of the network. And this problem is magnified exponentially with an increasing number of hops.

There always exists a risk of a routing channel becoming unresponsive (either intentionally or unintentionally). This risk also grows exponentially with an increasing number of hops.

The “TLDR” Summary
To reach anyone in a big network with a series of branching channel connections, you either need a large number of channels, or a large number of hops.

>>9051084
Corecucks are very proud of selling their "non-mining nodes" as decentralization even though they contribute jack shit to the blockchain. All the while deflecting the fact that LN itself is centralized and inefficient as fuck (eq. LN abacus analogy).

It is a centralized network. The opposite of what cryptocurrency should be. Banks or other instituations will have full control of it again.

Why is Bitcoin still so much worth? Why was no move to Bitcoin Cash (with the higher blocksize as supposed in the whitepaper) for a real DE-centralized coin.

Is it only cause most exchanges use BTC as trading?
Is it, cause the majority of people and media only know the term "Bitcoin"?

When do you see a change of this, or will (((they))) win again?

>>5168713
I refuse to sell just to piss of people like you OP.

I even went all in at 17 cents, feels good

>>4700679
>same goes with Gavin, he refused to lead bitcoin's dev and is now making accusations of core's evil schemes.
He was kicked out under dubious circumstances.

>for the moment everyone can run a full node (thanks to small blocks) so that everyone will be able to process LN transactions and collect fees.
No, in reality hubs will develop because it costs money to open each lightning channel.

>>4381076
In my experience, everyone who has actually studied this and also cares about the future of currency, ends up with the same conclusion.

>>4377977
>((((((off chain solutions aka banks))))))

>>4320733
replace the right side in ur picture with off-chain transaction solutions

>>4319894
already did

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

>(((lightning network)))

>>4319559
kys corekike

bitcoin core planned centralization

>>4316341
enjoy your centralized kikecoin

oh wait, you wont be able to for much longer

>>4315703
you fucking retard, corecucks have endorsed centralization

>>4304251
(((lightning network)))

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

https://cointelegraph.com/news/lightning-network-will-be-highly-centralized-gavin-andresen

>>4304924
>literally owned by AXA, a multinational NWO corporation
woops you just forgot about that part didnt you

>>4302904
kek, tell that to the corecuck segwit team

>>4302729
btc core is the corporate takeover

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

https://cointelegraph.com/news/lightning-network-will-be-highly-centralized-gavin-andresen