hudon

54 ms·

481.
by hudon 10y ago
I see what you're saying, but I don't think you read the agreement. > We understand that SegWit continues to be developed actively as a soft-fork and is likely to proceed towards release over the next two months, as originally
482.
by hudon 10y ago
> It's also clear that eliminating this class of problem is not in the interest of the miners, hence the opposition to SegWit Most miners have been supportive of SegWit for at least a year, see the HK agreement: https://m
483.
by hudon 10y ago
Actually there are ways to run "smart contracts" without running every single computation on every single node like Ethereum does. Blockstack [1] (not affiliated, I just think it's cool) for instance runs most of the decentra
484.
by hudon 10y ago
I see what you're saying, but you originally said that miners get to "impose their will". If Bitcoin miners have announced support for Bitcoin Unlimited and the market price hasn't crashed in response, what does that t
485.
by hudon 10y ago
I've just been refuting your original statements about how decentralized it is and about how miners get to "impose their will" arbitrarily. You seem to think that tomorrow 3 miners can come out and decide to increase the coin
486.
by hudon 10y ago
This is conjecture on my part but to your point: some have suggested that the minority fork change its proof-of-work algorithm, to prevent attacks from the majority fork. I would also point out that miners are heavily incentivized to keep t
487.
by hudon 10y ago
You're never forced to comply with the status quo, you can fork. This is what people in Ethereum realized and this is what the Bitcoin Unlimited movement is about.
488.
by hudon 10y ago
Sorry but you've been misinformed... If you take a look, it takes at least 5 mining pools today to get over 50% of mining power [1]. Some have argued that this is more than enough decentralization that the network needs to stay secure
489.
by hudon 10y ago
That's definitely great to have. Or once the system gets too big and it becomes infeasible to sum all accounts, you can also just make sure that you will never create a transaction where the entries within it do not sum to 0 (and make
490.
by hudon 10y ago
> a solution to a problem that doesn't exist The problems are central banking and related problems: demonetization, devaluation, hyperinflation, bank bail outs from taxpayers, etc.
491.
by hudon 10y ago
darcs and xmonad come to mind
492.
Distributed: A New OS for the Digital Economy – Douglas Rushkoff – SXSW 2016(youtube.com)
2 points by hudon 11y ago|1 comments