Frogolocalypse

10 ms·

61.
by Frogolocalypse 9y ago
There is nothing stopping you creating your own super duper side chain if you think you have a better solution. It is open source after all.
62.
by Frogolocalypse 9y ago
And the bitcoin node software i use today is version 0.15.1, not 0.8.0. The segwit block structure is different to the original implementation. One turned into the other. Nothing is stopping you running a 0.8.0 node of course. But the n
63.
by Frogolocalypse 9y ago
The bitcoin open source development team doesn't control the node i run. If you want centralized chinese government controlled crypto, there's bcash. If you were actually interested in just cheap fees, you'd use litecoin.
64.
by Frogolocalypse 9y ago
If you don't run your own node, which is the aim of bcash, your ip address is tied to your payment. You have the payment processor, and the node, and the miner, all sharing the same information. The chinese government appreciates your
65.
by Frogolocalypse 9y ago
The chinese government wanted a crypto they could track, because they want to own all of the mining infrastructure, all of the nodes, all of the code base and the payment gateway to it. So that's what they got. Bcash.
66.
by Frogolocalypse 9y ago
Yep. If you want to get your transactions tracked by the chinese government, it is cheap. Like PayPal. If you want your transactions to be private, you use a decentralized blockchain like bitcoin.
67.
by Frogolocalypse 9y ago
Still needs to be said. And lots. I'm a crypto investor, but i know what it feels like to have an 80% correction over the space of a year. There are a lot of people who don't even think that's possible.
68.
by Frogolocalypse 9y ago
I use email almost every day, yes. You realize the arpanet is the internet right? It wasn't replaced, it was expanded. Call it layers if that would make it easier to understand.
69.
by Frogolocalypse 9y ago
It's nice to see some big warnings about the volatility of crypto from such established players, and the type of corrections that are envisaged. It is really important to understand how risky an asset class they are.
70.
by Frogolocalypse 9y ago
Where is your second internet?
71.
by Frogolocalypse 9y ago
He 'caved in' because bitpay was bought by bitmain, the largest centralized chinese miner.
72.
by Frogolocalypse 9y ago
Bitpay is owned by bitmain, the miner that controls bcash. You will have every one of your transactions tracked if you use this alt. I'm sure the chinese government will appreciate your compliance. This is nothing more than self prom
73.
by Frogolocalypse 9y ago
If it wasn't working, people wouldn't be buying it. You are just going to have to accept that the great bulk of people who use bitcoin do not care about your use case.
74.
by Frogolocalypse 9y ago
You can do with your money what you like. There's a word for that : freedom.
75.
by Frogolocalypse 9y ago
> That's tautological. No it's not. I'm saying you can fix the problem by modifying one constraint. Fix the cost of energy, and you fix your problem with energy wastage. It will make absolutely zero difference to bitcoi
76.
by Frogolocalypse 9y ago
Because one is to blame and the other is not.
77.
by Frogolocalypse 9y ago
I got my first typewriter when i was nine, and started programming when i was 10 back in early 80's. But i didn't formally learn how to type until i had a school subject for it when i was 15. It was the best thing i could possib
78.
by Frogolocalypse 9y ago
It's so ingrained for me I probably won't ever stop. Unless I'm on a phone that does automatic spacing. The fact that you stopped to me indicates you probably didn't do it that way for 20 years.
79.
by Frogolocalypse 9y ago
Supply and demand. If you want mining to reduce emissions, increase the cost of energy. Bitcoin will remain unaffected. Don't blame bitcoin because of the cost of energy. Blame the energy producers for selling it to miners at that
80.
by Frogolocalypse 9y ago
Install clean energy sources then. Charge for it, I don't care. Don't blame bitcoin because of cheap energy.
81.
by Frogolocalypse 9y ago
I think that just shows the age of the person. I learned how to type correctly on a typewriter, and that is the way that we learned. It means, for me, that SN, like me, was educated in the 70's and 80's, and formally learned how
82.
by Frogolocalypse 9y ago
It certainly took me some time to get my head around it, that's for sure. It wasn't even a 'penny drop' type of realization either. It's why I'm sometimes so short with people who make statements with such con
83.
by Frogolocalypse 9y ago
Gold doesn't go up 15x in a single year.
84.
by Frogolocalypse 9y ago
> Most dollars which aren't spent on consumption are converted into equity in productive businesses. Like real-estate?
85.
by Frogolocalypse 9y ago
The bitcoin price isn't controlled. Supply and demand.
86.
by Frogolocalypse 9y ago
The price of bitcoin disagrees with your assessment.
87.
by Frogolocalypse 9y ago
Until people actually run nodes to the same distribution of bitcoin, it will always be a reduced security option, and therefore won't command the same price.
88.
by Frogolocalypse 9y ago
If you choose an arbitrary '3 hours' you can make that fee anything. Any transaction of 50c for a standard fee until one week ago (and they'll clear too) will have been committed to the blockchain.
89.
by Frogolocalypse 9y ago
They shouldn't be investing in unregulated markets.
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by Frogolocalypse 9y ago
http://luke.dashjr.org/programs/bitcoin/files/charts/softwar...

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