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/biz/ - Business & Finance


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13423758 No.13423758 [Reply] [Original]

I love him. He has big blocks and is based as fuck.

>> No.13423865
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>> No.13423868
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>>13423758

>> No.13423880
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>> No.13423894

>>13423865
>>13423880
based. I can conirm tiny 1mb blocks doesn't impress me

>> No.13423904

The bigger the blocks, the more centralised the coin.

>> No.13423917

Do you love him enough to suck his dick?

>> No.13423918
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>>13423904

>> No.13423929
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>>13423917
of course. That's what loving another person means

>> No.13423937

>>13423904
Kek, you’re right! We should just let the mempool get clogged with unconfirmed transactions and trust a third party, blockstream, funded by AXA to do the right thing and make everything better.

>> No.13423955
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>>13423758
Does anyone actually believe there are people on this board who legitimately like CSW besides the astroturfers paid to make these threads?

>> No.13423968

>>13423758
I’ve twice slept in the same hotel as him. Both times I woke up to find my bread stolen and with a fantastically sore arse. Coinkydink?

>> No.13423977

>>13423904

what rubbish

decentralization is about decentralization of power.

Non mining raspberry pi nodes, well... they have none. Learn how Bitcoin works

>> No.13423987

People who say only astroturfers like CSW are legit conspiracy theorists.

Probably pissed their Russia hoax fell apart so now they conspiritard over BSV. Fucking losers.

>> No.13423999

>>13423977
That's true, but raspberry pis can still be full nodes. Nodes play an important part in the network as they also check whether rules have been adhered to or not, regardless of the miners.

>> No.13424012

>>13423999
Node = miner you idiot. If you don't mine you are not a node. Did you even read the whitepaper?

>> No.13424021

>>13424012
>If you don't mine you are not a node.
cashies are dumb aren't they?

>> No.13424029

>>13423977
This. Core cucks are absolutely SEETHING at the masculine musky power of the one true Satoshi. You don't like it? Well all I can say to you, my friend, is you're in for a STIFF time. Hahahahahahaha

>> No.13424030
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>>13423987
https://yourlogicalfallacyis.com/ad-hominem

Go get a real job.

>> No.13424053

>>13424012
>>13424021
Craig's cukpaper? lol

>> No.13424062

>>13424030
based anime poster

>> No.13424068
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13424068

>>13424021
Still haven't read the whitepaper I see. Must be a strange experience to discuss something you don't know anything about. Have you considered a career as a politician?

>> No.13424111

>>13424068
i have read it many many times young pajeet

>> No.13424112
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13424112

>>13423904
This canard needs to go. It's all so tiresome.
Bigger blocks affect many different centralization/decentralization-related parameters, some positive and some negative. This bigger blocks = centralization = bad narrative is no better than "because it's got electrolytes" in intellectual rigor.

>> No.13424126

>>13424111
>craig.jpg summons [O1G]
Get a life faggot.
If you think non mining nodes are important for the security of the network, you should just kys right now, because you have no idea how this system works.

>> No.13424133
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13424133

that'll be five ruppees, thank you and come again!

>> No.13424137

>>13424112
The other parameters are sophistic at best.

>> No.13424149

>>13424111
Then act like it

>> No.13424167

>>13424112
yeah it's bullshit. come on 1mb in 2010 is not the same as 1mb in 2019. we could easily have 8mb blocks and still not have any extra issues with storage and propagation.

the problem is blocksize growth is not sustainable and all available space will just be eaten up by spam if you make transactions cheaper. the blockchain would carry a lot of dead weight and eventually start getting very centralized. 4gb blocks today wouldn't work very well while a few mbs obviously and evidently proven to work just fine. and you would need 4gb blocks for visa level transaction capacity as bitcoin is.

i have an idea where bitcoin can go but not without increasing the block size one way or an other. it's possible to do it with a soft fork imo, simply chain multiple blocks together with references and do the proof of work on their merkle root. but wouldn't it be much more elegant to just fucking increase that shit already?

>> No.13424173

>>13424126
right back at you you have no idea what bitcoin is nor you look capable of learning.

>> No.13424204
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>>13424167
>>13424173
So many words, yet so little content. The time you have wasted spamming /biz/ could have been used to read the whitepaper. Then maybe you wouldn't get so triggered by Satoshi

>> No.13424220
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13424220

>>13424167
*blocks bitcoin becoming global cash for the whole world just because nobody would use sidechains if everybody could just transact on chain*

https://twitter.com/adam3us/status/923309367260274688
https://twitter.com/gavinandresen/status/859390357552979968
https://twitter.com/davidshares/status/1103343372515926016

https://www.reddit.com/r/btc/comments/923cg6/lets_be_clear_on_exactly_which_group_controls_the/

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

>> No.13424221

>>13424204
maybe if you could grow a second braincell you would understand what is discussed.

>> No.13424235
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13424235

if the clear economic side motive is not enough there's also the possible sabotage side motive:
https://youtu.be/q-sMbf2OzOY

>> No.13424236

>>13424220
>nobody would use sidechains if everybody could just transact on chain
that's bullshit, sidechains have very different capabilities. for example you could have a full blown smart contract dapp platform on a sidechain something btc is obviously reluctant do on mainchain.

>> No.13424251
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>>13424221
But then I would have at least twice as many as you. That wouldn't be fair would it? You're having a hard time as it is

>> No.13424264

>>13424236
>smart contract dapp platform on a sidechain
Are you making yourself more stupid than you actually are? You don't need a sidechain for that

>> No.13424266

>>13424251
kek no worries cashie we will see who is right in just about 10 years from now.

>> No.13424278

>>13424264
you kinda do and don't all depends how you implement it. if you do it like eth did you need it. it comes with problems and obvious benefits.

>> No.13424282
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13424282

>>13424266
Nope, in less than one year. You have no idea what you're betting against

>> No.13424298

>>13424282
oh i do: a bunch of pajeet shills and a mentally ill aussy faggot

>> No.13424331
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>>13424298
>Everyone who supports something I don't like is a pajeet/shill.
>Everyone who supports Drumpf is a Russian bot.
This mentality is a surefire recipe for success.

>> No.13424347

>>13424137
Fuck off, pseud. Your damage control is pathetic.

>> No.13424354

>>13424331
in this case its literal truth tho

>> No.13424421
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13424421

>>13423987
>thinks csw pays neets and pajeets to shill his coin on a dead part of the internet
To what end?

>> No.13424440
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>>13424354
No it's not. Most of the "BSV shills" speak better vernacular English than you do, you second-world Hungarian faggot. Your English isn't that bad, but come on, somebody like you calling actual Anglosphere Natives pajeets is just beyond pathetic.
You are delusional as fuck.

>Speaks shittier English than most BSV holders
>"Everyone except me is a pajeet"

>CSW holds multiple degrees
>Seriously, check https://nchain.com/app/uploads/2017/12/Craig-Wright-Academic-Degrees-Certificates_2017.pdf
>"CSW is a dumb-dumb who can't even code."

>CSW/nChain hold hundreds of patents
>Seriously, you can go check them on the USPTO website or Google right now
>"CSW is an illiterate fraud with no skin in the game"

Literally everything you claim is so absurdly wrong it borders on performance art or mental illness.

>> No.13424514

>>13424440
yeah i noticed google translate got scary good

>> No.13424543
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13424543

>>13424236
i could talk all day but i know you wouldn't listen so instead i'll just say what you want to hear:

+ blockstream's actions make perfect sense. they are just protecting BTC, there are no ulterior motives.
+ increasing 1 MB per year up to 32 MB blocks (buying 31 years for bitcoin development) doesn't make sense.
+ it's unlikely most people would be able to download a 32 MB block in 10 minutes in 31 years. 2 MB per 10 minutes in 2017 was just as hard.

+ if bitcoin got a chance to grow to be the world economy it wouldn't get enough resources to produce and propagate 2 TB blocks every 10 minutes.
+ multiple huge companies all over the world wouldn't get interested as bitcoin grew to be the world economy, it would get centralized!
+ more time to develop 2nd layer solutions aren't needed, lightning network is simple to use and works flawlessly.

+ on-chain scaling wasn't really needed for the tx volume at the end of 2017. SegWit solved everything with its 10% adoption at the end of 2017 (has 40% April2019).
+ segwit and the concept of block weight almost doesn't increase complexity at all.
+ segwit gives a theoretical increase of 100% tx/s (around 70% in practice) at the cost of 4 times disk space and 4 times bandwidth. that is smart compared to just increaseing max blocksize to 2 MB without segwit.

+ hardforking is impossible to do, even though bitcoin cash has done it without problem multiple times.
+ the security flaw discovered in BTC early 2018 that required all miners to upgrade their software, which all of them did, doesn't count as proof that hardforking would be no problem.
+ if the code was changed in 2015 to auto-increase blocks to 2 MB in 2017 (and 3 in 2018 and so on) miners wouldn't have had time to update their software.

+ bitcoin cash would still have come into existance even if BTC had not refused to scale on-chain.
+ faith in BTC wasn't lost when fees shot up to 50 USD per transaction in 2017.
+ non-mining nodes does something important.

>> No.13424568

The bigger the blocks, the more centralised the coin.

>> No.13424616

>>13424543
Some A+ satire here.
>>13424568
>bot.exe has stopped working

>> No.13424630
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>>13424616

>> No.13424657

>>13424514
did you read the whitepaper yet?

>> No.13424733

>>13423904
Did O1G tell you that? That stupid faggot thinks theres no difference between miners and raspberry pis.

>> No.13424750

>>13423999
>>13424021
>>13424053
Read the whitepaper, you dumb niggers.

>> No.13424755

The bigger the blocks, the more centralised the coin.

>> No.13424763

>>13424111
>got completely btfo on mining last thread
>doesn't know what miners actually do
>thinks raspberry pis do what miners do

>> No.13424801
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13424801

>>13424763
The sad part is in the next thread he is colpletely reset and we have to start over again from scratch. It's like he hase some kind of learning disability. Maybe that's how he gets his neet bucks so he can spam /biz/ all day with his nonsense

>> No.13424809

>>13424204
He thinks raspberry pis validate transactions and propagate blocks, dude. Its fucking hopeless. I thought he was just a misinformed guy who needs to read the whitepaper, but after seeing him do this enough its obvious that hes a complete fucking shill.

>> No.13424832

>>13424282
Yes, we have no idea. And never will have since csw can only bark but there is no bite.

>> No.13424845
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13424845

>>13424809
>I thought he was just a misinformed
kek, I thought the same, but after "discussing" with him for almost a month, I'm starting to realise the same as you. Or he is just a retarded loud mouth

>> No.13424856

>>13424298
>bunch of pajeet shills
Yes, unironically because fees and throughput is unreliable for poorfags. But you're also up against people who understand how this tech works while you continue to spread lies about validating transactions from your laptop. Because you don't know how mining works and need to read the whitepaper.

>> No.13424868
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>>13424832
>csw can only bark but there is no bite
t. never read "Art of war"

This place is literally filled to the brim with uneducated morons.

>> No.13424898

>>13424543
>2 MB per 10 minutes in 2017 was just as hard
2mb in 2017 would be the equivalent of 20mb in 2010 yet in 2010 1mb blocks were fine? don't make me laugh. some increasing of the blocksize with consideration wouldn't hurt bitcoin. i'm not saying to go full retard. just enough that the blocks never get so full you have to wait weeks with normal fees.

aside from that you are preaching to the fucking choir.

>hardforking is impossible to do
yeah that's bullshit. consensus hardforks are totally ok

>bitcoin cash would still have come into existance even if BTC had not refused to scale on-chain.
based on fucking what?

>non-mining nodes does something important
well guess what miners are fucking easy to coordinate compared to other nodes which is more like herding cats. your argument about hardforks being impossible directly contradicts this sentence.

>> No.13424916

>>13424657
about 20 times or more since 2011 i didn't exactly count.

>> No.13424923

>>13424898
>blocks never get so full you have to wait weeks with normal fees.
>the namefag continues to demonstrate he is in fact a newfag who never moved his coins off Coinbase and wasn't around during the peak of 2017

>> No.13424929

>>13424856
you still can't read i see.

>> No.13424934

>>13424923
>>13424929

>> No.13424949

>>13424929
>>13424934
>now yuo see
>yuo cant read
>now watch as I propagate blocks from the laptop I'm posting from

>> No.13424962

>>13424282
We will wait for end of 2019 or 2020, he promised some catastrophic event because of “muh tulip trust” and “muh fatal flaw in SegWit”.
I guess all we can have is some shitpost on Medium, extra rants here and there and
M A X I M U M C O P E

Stay poor faggot

>> No.13424972

>>13424949
out of all the pajeet shills you are the biggest imbecile congrats

>> No.13424986

>>13424916
Then how come you spread the same lies about bitcoin over and over and over? Do you never get tired of trying to scam people? If you are serious about having read the whitepaper 20 times, you have some real fucking troubles comprehending what your read. Nothing of what you claim makes any sense in regards to the whitepaper. I'm sure you can find a hungarian translation somewhere if it's the english language you're having a hard time grasping

>> No.13425004

>>13424972
How many transactions did you validate since your previous post?

>> No.13425022

>>13423758
PATHETIC

>> No.13425085 [DELETED] 
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13425085

>>13424801
>>13424809
>>13424845
>>13424856
>>13424986
>The Jew knew nothing at all about yesterday and repeated his same old twaddle as though nothing had
happened; if you angrily challenged him on this, he could not remember a thing other than he had demonstrated the
correctness of his assertions on the previous day. Many times I stood there astonished. I didn’t know what to be more amazed at: their verbal agility or their art in lying. Gradually, I began to hate them.

>> No.13425101
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>>13424801
>>13424809
>>13424845
>>13424856
>>13424986
>The small-blocker knew nothing at all about yesterday and repeated his same old twaddle as though nothing had happened; if you angrily challenged him on this, he could not remember a thing other than he had demonstrated the correctness of his assertions on the previous day. Many times I stood there astonished. I didn’t know what to be more amazed at: their verbal agility or their art in lying. Gradually, I began to hate them.

>> No.13425132

>>13425101
Based and redpilled

>> No.13425423

The bigger the blocks, the more centralised the coin.

>> No.13426467

>>13423758
>>13423865
>>13423868
>>13423880
>>13423894
>>13423904
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>>13423918
>>13423929
>>13423937
>>13423955
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>>13424986
>>13425004
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>>13425101
>>13425132
>>13425423
0.0096

>> No.13426502

>>13425101
BASED

>> No.13426745

>>13426467
dropping like a rock

>> No.13426754

>>13425004
all of them

>> No.13426968

>>13424868
KEK