/biz/ - Business & Finance

[Anonymous No.10619204]

Why does this fraud continue to spew retarded nonsense.
His coin, bcash, is the one that hardforked away from the original protocol.
Try spinning up a bitcoin 0.1 node. It's not going to sync with the bcash network. It will however, sync with the bitcoin core network, because bitcoin core follows the original consensus rules.
This aussie cunt is a fucking faggot liar, and anyone who believes anything he says is equally as retarded as him.

[Anonymous No.10619276]

Coreans are salty as usual.
Now you care about original design?
Bitcoin is p2p cash and will scale to everyone.
Only miners are full nodes, your raspies dont do shit.

[Anonymous No.10619285]

>>10619204
Who's fault is it to be still running a 0.1 node? So everyone else needs to stump their own progress so the retards don't get left behind?

[Anonymous No.10619376]

>>10619276
https://en.bitcoin.it/wiki/Full_node
Full nodes download every block and transaction and check them against Bitcoin's consensus rules.

Yes raspies do shit. They make it so you verify for yourself the authenticity of transactions. Quit being a sheep and trusting your lite wallets.

>>10619285
Yeah adding colored coins and other retarded unnecessary shit to bloat the blockchain is "progress". If you want that gay bloatware, you can download commie buterins ethereum. It only has a 1+tb blockchain, and way more scaling issues than bitcoin.

[Anonymous No.10619610]

>>10619376
And you have not read this txt you quote clearly.

Full node == miner

SPV is made and recommended by Satoshi themself.

[Anonymous No.10619698]

>>10619376
Read the whitepaper, wiki is also under corean censorship.

Non mining nodes only follow miners. They validate nothing. Your transaction is useless unless it's in the mempool of a miner.

[Anonymous No.10619783]

>>10619698
What do you meant they validate nothing? They make sure the miners are following consensus rules. Are you telling me it would be better if there was only 20 nodes running on the bitcoin network (all run by miners)? Doesn't seem very decentralized to me if they decide to collude and change consensus rules to whatever they feel like. One day bitcoin supply is 21 million, the next it's whatever they feel like.

[Anonymous No.10620344]

>>10619783
Those are 20 pools, not 20 miners you retard...

Full nodes are by definition miners.
Only miners secure the bitcoin network
At 51% any consensus rule can be changed.

Non mining nodes do nothing to alter this and nothing to alert on it.

[Anonymous No.10620767]

>>10620344
dude do you even know how a mining pool works? The other miners in that mining pool aren't running full nodes. They are connecting to the mining pool's full node. So your system of having only miners be full nodes would result in there only being 20 or so "full mining nodes" on the network.

A 51% attack can make it so a miner can doublespend coins, but it cannot make it so a miner can change consensus rules.
In reality, if a miner was to change consensus rules while having 51% of the hashing power, his blocks would still be invalidated by other non-mining full nodes, creating a hard fork.
This is why bitcoin is decentralized, and the consensus rules are pretty much set in stone. If you want to create an altcoin through a hardfork, it's not going to be bitcoin, as it does not follow the original consensus rules which are enforced by the miners AND the users who run full nodes.

[Anonymous No.10621929]

>>10620767
Many individual miner keep their copy of blockchain as memory is dirt cheap.
Pick some other cryptocurrency to play with if Bitcoins dont please you.

>If you want to create an altcoin through a hardfork, it's not going to be bitcoin
NIST disagrees with you.

[Anonymous No.10622026]

>>10621929
maybe they keep their own blockchain running full non mining nodes, but miners do not store a full copy of the blockchain if they are pool mining. They only store a full copy if they solo mine which is a waste of time unless you have a huge percentage of the hashingpower on the network. Look into stratum protocols if you don't understand what I am saying.

You clearly don't understand the difference between a softfork (which is optional additions to consensus rules) and hardforks which are authoritarian deletions of consensus rules. Bitcoincash is the fork.

Also Q is a leftist larp.

[Anonymous No.10622094]

>>10619276
>unironically hearting a tweet
Could your throat be any more loose