Ethereum nodes can not agree on total supply

[Anonymous No.21317085]

Surprised this shitcoin isn't totally broken at this point.
No wonder they're scrapping the project for 2.0

Oh and by the way
>PoS chains will naturally centralize validation among exchanges, ETFs, and other custodians resulting in chains secured by the easiest companies to regulate.

[Anonymous No.21317515]

>>21317085
>Hey man... the price is like whatever bro...

[Anonymous No.21317551]

when the l33t hackzors go to turn their fake eth into eth 2 vitaliks scam detector would hopefully go off

[Anonymous No.21318140]

>>21317551
It'll be ninja approved nothing to see here goy

>>21317515
I thought about posting a naked transvestite or saturn symbol to get more discussion, but it's not the kind of attention I want.

[Anonymous No.21318155]

>>21317085
is it any wonder why skeleton was kicked out of bitcoin colored coin / mastercoin?

[Anonymous No.21318545]

>>21318155
The guy was trying to sell quantum computers around that time.
To anyone with knowledge in this space it was obvious he was a complete scammer.

[Anonymous No.21318653]

>>21317085
Looks like a job for the nodes of another network. Small enough to be left for the NEET nodes, as a matter of fact.
>PoS chains will naturally centralize validation among exchanges, ETFs, and other custodians resulting in chains secured by the easiest companies to regulate.
kek no, this FUD is better suited to be applied to the Lightning Network, where cutting off as little as 1% of channel nodes could easily cut you off entirely due to how hubs have to be formed.
PoS still allows any transaction to get validated so long as any stakeholder is willing to do it. PoW is just PoS but with physical GPUs instead of magic Internet tokens - and with a lot of energy waste and geographical energy cost monopolies involved.
This "problem" is a result of Ethereum using account-based balances, it will remain in 2.0 and has always been known and accounted for.

[Anonymous No.21318823]

>>21318653
>where cutting off as little as 1% of channel nodes could easily cut you off entirely due to how hubs have to be formed.


what do you mean?

[Anonymous No.21318904]

>>21318653
What's this word salad supposed to mean?
PoW created a separation of powers and incentives for the game theory to stay decentralized.
PoS is old technology that already failed.

[Anonymous No.21319143]

>>21318823
I really don't know.
There's a free market on lightning anyone can run a routing node.
It makes sense to have large nodes routing, but if they're taken offline there's enough incentive for competitors to provide routing liquidity to users.
If users are on centralized services like coinbase and coinbase's node doesn't want to route that isn't a problem with bitcoin or lightning.

[Anonymous No.21319154]

>>21318904
Jesus brainlet, I barely pay attention to this scene anymore and I understood what he said... You're dumb so it's word salad?

[Anonymous No.21319224]

>>21318545
why is everyone building on top of this fucking garbage
WHO WOULD PRINT ACTUAL CODE TO A FUCKING PUBLIC LEDGER WE JUST NEED A REFERENCE TO AN OFF CHAIN POINT

[Anonymous No.21319266]

>>21319154
I guarantee you can't argue any of those brainlet talking points you absorbed.
For real "NEET nodes" and "waste of energy" is just a jewish excuse for centralization of power.

[Anonymous No.21319268]

>>21318904
POS is literally newer than POW lol

[Anonymous No.21319347]

>>21319268
I'm pretty sure wei dai's b-money and nick szabo's bit gold were PoS and weren't able to function due to centralization problems.

[Anonymous No.21319502]

>>21319347
I might be wrong on this, but PoS systems are centralized
PoW is why there's a "blockchain" industry.

[Anonymous No.21319517]

>>21318823
https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800
https://www.yours.org/content/clarifying-my-objections-to-the-lightning-network-2f9d3aa154e5
It means LN works exactly like the traditional banking system, where you give your money to a bank that can provide liquidity and then trade around debt at its discretion. The only important entities for routing are those who hold copious amounts of Bitcoin and have not been blacklisted by other major entities, just like with banks. This was predicted before LN launched and can be verified today if you look at its nodemaps.
If Bitcoin did a 10x from here (which would be needed to match even gold) it would completely price out normies from L1 entirely as-is and BTC would become a back-end for the same old banking cartels. It's no surprise Blockstream is no more than 3 degrees removed from any major financial institution.
>>21318904
PoS and PoW have the same game-theoretical incentive for behaving in accordance to its stated protocol - implicit staking, as defined by Sergey. What else does PoW have to offer? It sure isn't decentralized. You need to be able to set an energy-efficient physical mining operation in some very specific low-cost energy places to set up a PoW factory (and I do mean FACTORY, look at those facilities) while anyone can buy a relatively small stack of Ethereum to stake themselves or otherwise pool with others.

[Anonymous No.21319781]

>>21319517
>and have not been blacklisted by other major entities
That's bullshit, everyone has access to lighting network technology.

>PoW have to offer? It sure isn't decentralized
Look at 2017 and S2X vs UASF
you blame blockstream like a mouth breathing idiot when it was 90% of miners and service providers using a closed door agreement to change the protocol.
You know so little.

[Anonymous No.21319886]

Did Blockstream ever ninja re-approve code?
Has anyone in bitcoin ever created a iceage to force changes into the consensus (like congress and their pork spending bills)

[Anonymous No.21319954]

>>21319517
wow wow. that's intense and very interesting. so i should buy 1btc now lol?

also, may i ask what you think of stakenet and their dex which is run by lightning network using masternodes and shit. maybe, it will solve that problem when everyone can just download their mobile wallet and send btc through l2?

all good stuff. any more of those kind of links that you recommend reading? there's a lot of shit out there about lightning and i can't discern what's shite and what's not.

[Anonymous No.21320133]

>>21319954
Those articles are outdated.
Lightning has AMP and other upgrades to solve routing issues.
It's not perfect, but bitcoin didn't sacrifice the integrity of their mainchain to get there.

[Anonymous No.21320326]

>>21319781
Yeah, and everyone can close their LN channel and reopen another one if they're being throttled right? Just like everyone can withdraw their cash from the bank to trade already. Except it's even worse than that because you don't have to pay hundreds of dollars to withdraw your cash from the bank and your bank can't blacklist you for who you give cash to IRL. LN is the worst parts of traditional finance and crypto put together, you're forfeiting all the benefits of so-called "decentralization".
>>21319954
If you want to make money off of bankers buying your bags LINK is your best option. BTC has been going in that direction but I honestly can't tell for sure if they really want to use it or if they're just co-opting to subvert it to prevent it from being a threat. The latter seems more likely to be honest, since limiting block rewards and making transaction fees moon during a golden bull run was retarded even if the goal was a profit motive in shilling their L2 replacement, since that wasn't even functional yet.

[Anonymous No.21320449]

>>21320326
*block sizes

[Anonymous No.21320689]

>>21320326
Who's doing the throttling?
Just like miners, routing nodes are simply service providers supporting the bitcoin economy.
They will be replaced if they're not acting in the interest of the users. (look at 2017 fork debate)

[Anonymous No.21320797]

>>21320449
Are large blocks helping ethereum scale?
Your argument made more sense debating inflation rates with block rewards because that's more of an unknown.