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kobeya
searching PlanetScale…
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116 ms
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571.
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by
kobeya
9y ago
Yes, it is the opposite.. which is my point.
572.
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by
kobeya
9y ago
> It does to convert from Bitcoin to Fiat currency. Why do that if everyone accepts bitcoin? And in any case, no you don't. Not as long as cash exists.
573.
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by
kobeya
9y ago
> This would be a new digital currency, by the look of things, and not Bitcoin itself. Moreover Bitcoin itself is not of interest to Washington right now. Well, the good thing is that Bitcoin doesn't need their permission. Indeed,
574.
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by
kobeya
9y ago
> - Blockstream pushing AML complaint payment channels over the Lightning Network (bitcoin, any bitcoin fork) Whaaaaat? What are you talking about here? I've done a bunch of google searches and I can't find any information abou
575.
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by
kobeya
9y ago
Do you think bitcoin is interesting without decentralization?
576.
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by
kobeya
9y ago
It is exactly the argument that was used. I don't know where you are getting your information, but I would seriously question the veracity of whatever source you are using. You can read it yourself here: https://github.com&#
577.
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by
kobeya
9y ago
A partition of the connectivity graph. Imagine we have two Bitcoin Core nodes connected by an intermediate Segwit2X [sic] node: 1X(a) ----- 2X ----- 1X(b) When the 2x node starts relaying post-fork blocks, it is seen as misbeha
578.
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by
kobeya
9y ago
> intentionally blocking nodes signaling Segwit2x in 0.15 is definitely a political move This is incorrect. There was a straightforward technical reason given in the pull request -- not enacting this change would likely partition the bit
579.
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by
kobeya
9y ago
No chance among those who understand how and why bitcoin works. An unlimited bitvoin is worthless because it could be replaced to centralize ledger, and will be eventually. Bitcoin is in extraordinarily inefficient system that would serve n
580.
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by
kobeya
9y ago
Such as? It seems fine to me.
581.
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kobeya
9y ago
Block chain transactions are not as opaque as you think.
582.
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kobeya
9y ago
?
583.
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kobeya
9y ago
> Purchasing traditional assets would mean paying taxes on the coins Purchasing ICOs would be a taxable event.
584.
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by
kobeya
9y ago
That's what he's saying.
585.
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by
kobeya
9y ago
btc1 != bitcoin.
586.
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by
kobeya
9y ago
Maybe emeritus, but he hasn't been doing bitcoin reference client development since 2012.
587.
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by
kobeya
9y ago
Who hasn't been contributing to the bitcoin reference client in years.
588.
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by
kobeya
9y ago
> In addition, once a few of the major players that produce lots and lots of transactions upgrade, the fee pressure will level down for everyone Also anyone who upgrades immediately gets the benefit of lower fees. Their transactions are
589.
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by
kobeya
9y ago
...no? 51% is about having more hash power.
590.
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kobeya
9y ago
You need some sort of ultra low bandwidth bidirectional communication for your transactions. You can use that to sync headers only and check if the sat chain is the same as the most work chain you know about.
591.
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by
kobeya
9y ago
> the Lightning network, which is currently a white paper Lightning is working code, not a white paper: https://github.com/elementsproject/lightning
592.
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by
kobeya
9y ago
Blockstream has made pretty clear that they (as a company) don't have a position or agenda with respect to the block size.
593.
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by
kobeya
9y ago
What the heck are you talking about?
594.
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by
kobeya
9y ago
Is your internet connection free?
595.
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kobeya
9y ago
> On another side note, more companies broadcasting the blockchain and covering more of the planet (the real time map shows Asia as not covered) will eventually put the "block propagation delay" argument in the tomb, for those
596.
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by
kobeya
9y ago
Not sure why you are being downvoted for one of the few on topic posts in this thread.
597.
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kobeya
9y ago
Hype? You can use it today, for free. It is operating and 100% open source. https://github.com/Blockstream/satellite
598.
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kobeya
9y ago
A stock or bond is neither a commodity nor a currency.
599.
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kobeya
9y ago
Bitcoin is a up to 4MB/10min protocol. That's a thing much for SMS...
600.
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kobeya
9y ago
There is no copy of the blockchain on the satellite. These things are just repeaters for the signal sent up from a teleport station, presumably owned by Blockstream.
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