ptokb3

4 ms·

1. 1.▲
   by ptokb3 10y ago

   On the homepage,"I believe that If non-Core hard fork wins, major holders will sell BTC, driving price into the ground". That's the most small-block biased question I've ever seen. I wonder who owns that site; probably s
2. 2.▲
   by ptokb3 10y ago

   Thanks for clarifying. Perhaps the DCI could fund more developers. https://www.media.mit.edu/research/highlights/media-lab-digi... It's clearly part of MIT's infrastructure. What you're saying is th
3. 3.▲
   by ptokb3 10y ago

   It was my understanding that Gavin and Wladimir were part of the MIT Media Lab payroll. > you never even care to ask about that Honestly, I don't know where that would be public information to know to ask about it. > to own not m
4. 4.▲
   by ptokb3 10y ago

   Thanks again for the reply. By the expression "locked down" I mean that no reasonable change can happen if any one of the main core devs don't want it to. Some of the core devs think the max-blocksize is too large. I won&#x27
5. 5.▲
   by ptokb3 10y ago

   Hey nullc, I'm a software consultant for my own developing firm. I don't have a conflict of interest. As I've said before, this is a new account and my only account here. I've read HN for some 5-7 years now as a morning
6. 6.▲
   by ptokb3 10y ago

   nullc, I'll take your word for it that Blockstream will never run a Lightning network hub. We understand how the Lightning network works and you also have to admit that it has the potential to centralize into a few large hubs -- even i
7. 7.▲
   by ptokb3 10y ago

   Thanks for answering Greg. This isn't a throw-away account. I've lurked for years without needing to become involved. The larger public needs to know that: > We founded the company. Obviously you're the CTO but not all of
8. 8.▲
   by ptokb3 10y ago

   I was pointing out the obvious logical flaw in what he said, that's all. I'm sure he is a nice guy and maybe he's even funny. Blockstream does need to recoup the 70 million in funding they've received though and it'
9. 9.▲
   by ptokb3 10y ago

   Well, they say that "anyone can use" a 2nd layer lightning network but realistically nobody is going to trust any basement-dweller to intermediate their off-chain transaction. This will centralize off-chain scaling to large player
10. 10.▲
    by ptokb3 10y ago

    I think he means that blocks are full and even transactions with correct fees will fail to confirm during high-volume transaction times. It's a flaw because users did nothing wrong yet their transaction could take hours if not days to
11. 11.▲
    by ptokb3 10y ago

    You are implementing Lightning, paid by Blockstream but Blockstream has nothing to do with it? Maybe you're just really funny and they are paying you for your incredible sense of humor.
12. 12.▲
    by ptokb3 10y ago

    -Blockstream Playbook- Step 1: Buy off all of the top developers of open-source project. Check. Step 2: Refuse to support/fix basic network operations so that transactions stop confirming just as the network needs to grow. Check. Step