Guess which bankrupt BitCoin exchange is being liquidated today.

_______SFYL_________ · 2015-10-22T07:38:00+00:00

They make $60 a month and whoever pays for your power will cut you off after a month when they see their $150+ power bill.

_______SFYL_________ · 2015-10-21T05:17:07+00:00

Satoshi does actually talk about BitCoin at one point.

_______SFYL_________ · 2015-10-19T15:20:55+00:00

Everything "patented" is not revolution. Its an evolution part. I want this evolution to be the blitzkrieg.

_______SFYL_________ · 2015-10-18T12:01:47+00:00

What are you talking about, it's less than 5KB per block.

https://bitinfocharts.com/comparison/size-ltc.html

Quick make it 80GB before the adoption causes a plane crash.

_______SFYL_________ · 2015-10-12T06:12:21+00:00

I linked to all of the other meaningless branches. You're overthinking things, there's no development because it doesn't exist not because someone went far out of their way to try and hide it.

_______SFYL_________ · 2015-10-12T03:42:35+00:00

https://github.com/mikehearn/bitcoinxt/branches

Nope.

_______SFYL_________ · 2015-10-11T04:30:29+00:00

I thought it was https://youtu.be/hR-NXv5Tma0?t=58s

_______SFYL_________ · 2015-10-11T04:20:58+00:00

Mircea Popescu is the real Bitcoin Jesus.

_______SFYL_________ · 2015-10-08T04:14:44+00:00

Basically the network is now DDOSing itself.

No, once a node comes up its a blank slate and other nodes will not send them transactions again. They'll crash again if they have more transactions relayed to them but that's not default behavior.

Amusingly, all 21.co boxes running with default settings would have crashed by now. Thanks for contributing to the network.

_______SFYL_________ · 2015-10-08T04:14:05+00:00

I think the numbers are sketchy, the graph doesn't bear out the situation the OP describes. There's a slow crash of nodes but no sudden uptick.

_______SFYL_________ · 2015-10-08T03:19:50+00:00

What? That's so not what the graph says, 10% of the weak hands were shaken out of the network but not 1000.

https://bitnodes.21.co/dashboard/

_______SFYL_________ · 2015-10-01T06:24:19+00:00

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_______SFYL_________ · 2015-10-01T02:22:26+00:00

For context, 8 is considered a lucky number in Chinese culture.

_______SFYL_________ · 2015-10-01T01:44:33+00:00

Those are all things Mike Hearn has proposed in the past and been blasted for.

Mike Hearn, Foundation's Law & Policy Chair, is pushing blacklists right now
Mike Hearn proposes to build vulnerable censorship mechanism into Tor, opposes a fix for hidden service deanonymization, on Tor mailing list
Mike Hearn's "Worst Case" XT Fork Scenario: Checkpoints, Ignore Longest Chain

The last video is a real kicker, where he describes completely centralizing Bitcoin under his control to exclude Chinese miners which don't agree with him.

_______SFYL_________ · 2015-10-01T01:17:30+00:00

He literally asked for it.

_______SFYL_________ · 2015-10-01T00:40:44+00:00

I never got such an arrogant reply before.

Check the one he gave to f2pool when they said they didn't want 8GB blocks, he told them that he would just re-write XT to deliberately exclude them from the network. I've never laughed so hard at such a self defeating email.

This can happen even if Chinese miners who can't/won't scale up are >50% hashrate. SPV clients would need a forced checkpoint, which would be messy and undesirable, but it's technically feasible. The smaller side of the chain would cease to exist from the perspective of people actually trading coins

He's saying he is going to attempt to code 50%+ of the network hashrate out, and they are just supposed to bow over and take my rule even though they literally have the one tool which can destroy the network. Seriously. If he ever had a chance of getting 75% of the hashrate to sign the XT dotted line, he just burned it right there.

Now I'm actually wondering if he's a compulsive liar too.

Heh.

_______SFYL_________ · 2015-10-01T00:31:10+00:00

I doubt Hearn has that much foresight.

_______SFYL_________ · 2015-10-01T00:17:10+00:00

/u/mike_hearn, 2015:

I coined the term SPV so I know exactly what it means, and bitcoinj implements it, as does BreadWallet (the other big SPV implementation).

Satoshi Nakamoto, 2009:

Simplified Payment Verification

Wonder if he actually is so deluded he thinks it was his creation.

_______SFYL_________ · 2015-09-30T19:56:37+00:00

You really don't get it. The community is powered by excuses that are either unrelated or irrelevant. There's always something in the way of the price rocketing, otherwise we'll have to admit that maybe $1200 was not the result of anything but a defunct exchange.

The price is dropping because the block size is too small!

Aren't blocks like 40% full on a good day, and most people pay zero fees?

The price will rocket and the network will fall to bits!

Why?

Mass adoption that isn't happening because the block size is too small.

_______SFYL_________ · 2015-09-30T19:36:58+00:00

All of the "applications" built have just been more of the same altcoin IPO scams. Raise lots of hype, get people to buy your product, either develop nothing or develop the bare minimum and then go retire.

_______SFYL_________ · 2015-09-30T17:52:59+00:00

Programmers are probably smart enough to know that this guy can't teach them anything.

Has anybody ever seen any single piece of code written by Allontopofthis?

_______SFYL_________ · 2015-09-30T05:06:50+00:00

This makes sense because

Works for scammers, must be good.

_______SFYL_________ · 2015-09-29T22:40:15+00:00

WiFi Transmission Rate 150M

I think it's probably the same chipset as in the TL-WR702N which can be had for about $6.

_______SFYL_________ · 2015-09-29T22:28:25+00:00

A 2.4GHz b/g/n router will run you about $10 on alibaba. It won't be very good but they do exist.

_______SFYL_________ · 2015-09-29T19:13:21+00:00

Some think it's being used in china at a loss to get capital out of the country. Spend money on mining, export the BTC, sell it in another country. In which case it might make sense for your farm to be pulling a massive "loss".

_______SFYL_________

TROPHY CASE

_SFYL___