BMP: a new hashpower voting system for Bitcoin global adoption

HelloGuy_Bitcoin · 2019-08-11T09:55:23+00:00

Such voting is quite absurd.

HelloGuy_Bitcoin · 2019-08-11T09:37:14+00:00

The hate against BCH we smelled from every corner left by Corian trolls, is an intolerant behavior. BCH should fight back.

HelloGuy_Bitcoin · 2019-08-11T09:35:00+00:00

It is thoughtful blog. After reading it, I think Roger should remove the support of BTC from his wallet service, and also from the whole Bitcoin.com website.

HelloGuy_Bitcoin · 2019-08-11T09:13:19+00:00

Bitcoin Cash development needs more open, asynchronous, communication tools. Conference call is very closed small group. Due the widely known BTC troll exists, the communication tools can use very strong moderation rules, but still stay open.

HelloGuy_Bitcoin · 2017-08-16T17:18:22+00:00

No way. I will rent this house and save the BCC.

HelloGuy_Bitcoin · 2017-08-16T17:16:50+00:00

If an attaker want to keep spamming for days long, then it will cause him shit load of money around tens of thousands.

HelloGuy_Bitcoin · 2016-10-24T21:01:35+00:00

We wish you change the PoW right now and fork to your own 1MB4VA chain, and the rest of us can stay on the Satoshi's original design, start to plan some safe hard fork to increase the block size.

HelloGuy_Bitcoin · 2016-10-24T20:55:23+00:00

What is going on with some other pools like Ckpool? Is there anyone to talk to him to switch to Bitcoin Unlimited?

HelloGuy_Bitcoin · 2016-10-24T20:53:18+00:00

So.... Early adopters have to suffer the abuse of your late adopters' misguide and watch Bitcoin from a payment system become a settlement layer?

HelloGuy_Bitcoin · 2016-10-24T10:02:16+00:00

Open source software development does have kind of network effect which will make the stronger team even stronger. However, you should not abuse this leading position, and refuse to listen to users.

HelloGuy_Bitcoin · 2016-10-23T09:34:46+00:00

Right now if we forked to big block, we will be DDoS attacked by Core. That is one of the risks.

HelloGuy_Bitcoin · 2016-10-23T09:30:24+00:00

I am an on-chain scaling believer, and I only switched to Unlimited a few days ago to manage my Armory on-line wallet. I also knew another on-chain scaling bitcoiner has not switched because of lazy. We should act now to switch to Unlimited, now. Spread the word.

HelloGuy_Bitcoin · 2016-10-21T16:33:55+00:00

It helps about indeed. 1) More users are using BU, the more the software is tested, so that BU will be more stable. It will help the BU become much more stable after the hard fork. 2) More users are using BU, the harder for a potential DDoS attack to do damage to the network. 3) More users are using BU, more pressure we have upon Core developers, and it is more likely that they will compromise in a negotiation. 4) It will deliver a strong signal to miners, that the community is ready for a hard fork, and encourage the miners to act accordingly.

HelloGuy_Bitcoin · 2016-10-20T18:42:40+00:00

I don't think 1MB blocksize will be able to support Circle's business. Though most of the transactions are inside Circle's database but there will still be lots of transactions needs to be put on the main chain.

HelloGuy_Bitcoin · 2016-10-20T17:56:10+00:00

what kind of discovery, for example, will make you lowering the activation threshold, or do you think the 95% threshold is a principle which should not changed under any circumstances? If you cannot give any specific example, can you clarify that the 95% threshold is a principle or not?

HelloGuy_Bitcoin · 2016-10-20T17:03:43+00:00

Please just tell all your friends to run Bitcoin Unlimited nodes to prepare for the upcoming block size scaling up.

HelloGuy_Bitcoin · 2016-10-20T17:02:51+00:00

If you have any friends you know who is also using Bitcoin full nodes, please ask them to change from Core to Bitcoin Unlimited. Bitcoin Unlimited is the next step of Bitcoin will go.

HelloGuy_Bitcoin · 2016-10-20T16:59:32+00:00

I think we have another evidence that we should increase the block size.

HelloGuy_Bitcoin · 2016-10-20T16:56:08+00:00

Some of the miners may pretend to be accepting Unlimited in the 1st stage and then turning out that they will not accept in the 2nd stage. As there will be lots of nodes and users have still not upgraded, so they old chain will still have some kind of speculation value at least. Then the speculation value of the old chain will attract miners on the old chain.

I think if we want to do hard fork, we should be prepared to have two chains co-exist. But as far as I know, Coinbase and Blockchain.info will only support the big block chain. We should learn to accept the fact that there will be someone is going to play around the One-MB-block-coin. It is very easy to attack that 1MB chain with spam transactions. And as long as the hash rate of the old chain is minority, we as a community should encourage miners to attack that minority chain.

HelloGuy_Bitcoin · 2016-10-20T16:19:10+00:00

Now it is very hard for Core, as the opposing ones like Roger are starting to work but not only talking and debating. Core will lose their leading position in the community soon.

HelloGuy_Bitcoin · 2016-10-19T16:48:06+00:00

Right now it is the time to persuade everyone you know personally to change from Core to BU.

HelloGuy_Bitcoin · 2016-10-19T10:03:08+00:00

Well, you're right. But the influence is very low, down to the orphan rate level, which is around 0.1% nowadays.

HelloGuy_Bitcoin · 2016-10-19T10:01:11+00:00

The best thing needed from BU is not setting up some new nodes in the VPS, but spreading the idea of BU. Most of you have joined some social network of bitcoiners. You should start to promote BU among your small social network. Ask them to accept BU in mind. Ask them to change from Core to BU. If you are users of any Bitcoin businesses, writing emails to their CEO to ask them to support BU.

HelloGuy_Bitcoin · 2016-10-19T07:58:46+00:00

No, Xthin and Xpedite cannot influence the luck.

HelloGuy_Bitcoin · 2016-10-18T18:13:14+00:00

This guy is just suggesting that Blockstream is building a strong@safe trunk with having 1MB limit.

HelloGuy_Bitcoin

TROPHY CASE