nadaviv

38 ms·

61.
by nadaviv 9y ago
No one seems to have much idea what their business model could be. It's not such a mystery, really. One of their investors, Reid Hoffman (LinkedIn co-founder, sits on Blockstream's board of directors) laid it out pretty
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by nadaviv 9y ago
I'm pretty sure their main product is sidechains? https://blockstream.com/about/ > Blockstream's primary area of innovation is in sidechains, a technology invented to extend the capabilities of Bitcoin&#x2
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by nadaviv 9y ago
I regularly send payments with 5c-10c in fees and it works just fine. Sometimes takes a bit longer, if we're in a high-demand period or going through a spam attack[0]. The "small block policy" view[1] is held by nearly every
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by nadaviv 9y ago
The same thing holds true for gold, diamonds, art paintings and fiat currencies.
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Show HN: Bcash-instadump – dump your bcash, get more Bitcoins(github.com)
2 points by nadaviv 9y ago|1 comments
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by nadaviv 9y ago
Seriously, "the Blockstream faction"? Jesus. Nearly everyone in the bitcoin ecosystem, myself included, want to get segwit activated for the technical improvements it brings to the table. This has nothing to do with Blockstream.
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by nadaviv 9y ago
The energy consumption of proof-of-working mining is entirely unrelated to the transaction volume. 10x'ing the transaction volume of the network would not require 10x more energy for mining.
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by nadaviv 9y ago
Mobile-friendly video: https://vimeo.com/218041604 (mods, can you please update the OP link?)
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by nadaviv 9y ago
Hi everyone. I'm Nadav, the CEO of Bitrated and one of the Israeli bitcoin activists that participated in the protest. Happy to hear your thoughts and help explain our view of things. I'd like to clarify that despite the article s
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by nadaviv 9y ago
> Do people run their mining equipment connected directly to the internet? Yes, it is quite common to have the ASIC connect directly to the mining pool servers (over TCP with the Stratum protocol).
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by nadaviv 9y ago
> The reason a segment of the bitcoin world likes to hate on them is because they are an outspoken supporter of bigger blocks and bigger block threatens the business plan of certain non-mining interests. I think that people are primarily
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by nadaviv 10y ago
> "Core" is embracing censorship as method to push their client > where /r/bitcoin is moderated, heavily, by core This is entirely false. No one in the Bitcoin Core development community has anything to do with how
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by nadaviv 10y ago
Yes. Coinbase is the brand for their consumer-facing products, while GDAX is the brand for their exchange/trading products.
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by nadaviv 10y ago
You implying that the hundreds of contributors to Bitcoin Core are somehow controlled by Blockstream is insulting and inappropriate.
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by nadaviv 10y ago
Forced out by who? He stopped contributing on its own for a long, long time prior to losing his commit access (due to fears of his computer getting hacked, in addition to him not actually using that commit access). He's still welcome t
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by nadaviv 10y ago
> funded a company called Blockstream to infiltrate the Bitcoin development team kick the lead developers off it. Blockstreeam was founded by long-time bitcoin lead developers. The rest of your post is paranoid nonsense.
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Remote DoS vulnerability found in Bitcoin Unlimited, 75% of BU nodes are down(reddit.com)
3 points by nadaviv 10y ago|1 comments
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Show HN: HODL.voting – voting system for provable Bitcoin HODLers(hodl.voting)
3 points by nadaviv 10y ago|0 comments
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Observing forced narratives and manipulation of public opinion on /r/btc(medium.com)
5 points by nadaviv 10y ago|0 comments
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by nadaviv 10y ago
> He is the original voice in opposition to block size increases though and many people listen to him. Many developers were opposed to reckless block size increases, I think you're giving that guy's voice too much weight. I per
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by nadaviv 10y ago
> By definition a hardfork can only be successful if it has consensus. What? No. Splitting the currency and payment network in two is a very realistic outcome following an hardfork. I recently made some slides that go into details about
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by nadaviv 10y ago
> Comments promoting non-core clients are [being removed]. No, they are not. Promoting alternative client software that is compatible with the Bitcoin protocol is definitely allowed. btcd, NBitcoin, Bitcoin Knots, Toshi, Haskoin, bcoin,
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by nadaviv 10y ago
> This whole stink started because some guy who happened to have a ton of BTC was upset that people running full nodes didn't get a cut of any of the transaction fees. What? Who? > Today, the main company that is pushing the Segw
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by nadaviv 10y ago
Comments are not being deleted on r/bitcoin for expressing views, discussing ideas or debating proposals. Comments that promote the use of alternative clients that attempt to alter the bitcoin protocol rules prior to building consensus
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by nadaviv 10y ago
> Segwit is not a block size increase but it's supporters started branding it as one to better market it. Segwit allows twice as many transactions (of the mix being used today) to fit in a block. It does so by enlarging to blocks to
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by nadaviv 10y ago
No, it creates 4x effective transaction space in blocks that can now be as large as 4MB. It does not compress data more efficiently or makes transactions smaller in any way, it is a block size increase in every sense of the word. The only o
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by nadaviv 10y ago
You can have as many Bobs as you want, which can all function at a very low cost and compete for users with low fees and high service quality. I can easily imagine registering your transactions to tens of different service providers, making
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by nadaviv 10y ago
> Outsourcing the task to a centralized service also sounds bad. At that point you have to trust that service. You don't have to trust that service. He can't steal your money, you don't lose any privacy if the other party
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by nadaviv 10y ago
> The block size increase with segwit is marginal It's not marginal. According to the mix of current transactions on the bitcoin network, SegWit gives us an effective block size of 2.1MB. Over 2 times more transactions compared to t
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by nadaviv 10y ago
> Your comment is a good example of the double speak and gas lighting I often see in /r/bitcoin It would be a lot easier if people responded to the actual arguments being made, instead of throwing general accusations at people

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