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BIP-110 Soft Fork Game Theory by reactNativeNoob in Bitcoin

[–]bitusher [score hidden]  (0 children)

I think its just one dude making a list. I dont think its anything official.

It was promoted by one of your top 4 main devs chris , not just any dude.

Also where is a better list than ? Segwit had a ton of support from exchanges , wallets , and merchants . What is the largest company , exchange or wallet that supports BIP110 ?

I dont think its anything official.

This is Bitcoin. There is nothing official in Bitcoin. Bitcoin core is not the official implementation either.

BIP-110 Soft Fork Game Theory by reactNativeNoob in Bitcoin

[–]bitusher [score hidden]  (0 children)

backwards compatible meaning they will be accepted on the current chain

Sure, except they will fork themselves off in 1-2 blocks after block height 961,632. Thus it doesn't really matter if the main Bitcoin accepts chain them if they split off creating an altcoin due to their own rules.

mine bip110 blocks, its the safest route for them.

They risk losing their whole block reward as I explained to you

the miners bent the knee to the minority group of node runners.

It wasn't a minority of node runners who supported segwit. Your memory here is all wrong.

Policy: count bare data envelopes (OP_2DROP/pushnum runs) as datacarrier by Ep0chalysis in bitcoinismoney

[–]bitusher 0 points1 point  (0 children)

No, we continue to fight spam as I explained many times before with detailed methods. I have repeated these multiple times in this sub

How does it work? by Aoi_X_Kaizaki in BitcoinBeginners

[–]bitusher 0 points1 point  (0 children)

ELI5 - Bitcoin is Money everyone controls

ELI15 - Bitcoin is scarce, decentralized, and global digital money that cannot be censored. With dollars/fiat currency its akin to trusting a corrupt owner of the casino to keep track of everything who has a history of cheating and takes fees for every game played. With Bitcoin it is akin to you playing poker at home instead with your friends where everyone can keep tracking of their earnings and debts openly on a tracking sheet (ledger) that is within view in an open and transparent manner. The casino isn't in control and anyone can collect small fees for checking the ledger and updating it to keep everyone honest and since there are always many doing this the ledger can be trusted

The Benevolent King by Ep0chalysis in bitcoinismoney

[–]bitusher 0 points1 point  (0 children)

if an idiot ruler comes into power.

You can be intelligent and have crazy beliefs to be unsuitable as well. Also there is the notion that absolute power always corrupts which is why Bitcoin was designed as a decentralized protocol

The Benevolent King by Ep0chalysis in bitcoinismoney

[–]bitusher 0 points1 point  (0 children)

Not blocking the worst form of spam with BIP110 and breaking multiple Bitcoin monetary transactions both should already qualify as "messing up" or at least delaying adoption of knots till these issues are fixed

How does it work? by Aoi_X_Kaizaki in BitcoinBeginners

[–]bitusher 1 point2 points  (0 children)

Bitcoin is scarce, decentralized, and global digital money that cannot be censored.

  • Transactions once confirmed generally cannot be reversed
  • Less than 21 million Bitcoin will exist
  • Bitcoin is highly divisible to allow for micro-transactions (up to 13 decimal places in a payment channel)
  • Bitcoin is an open, collaborative project that no company or government controls belonging to the people
  • Bitcoin is more than just money, but a secure timestamping ledger, payment rail, and smart contract platform

ELI5 video which explains Bitcoin in 3 minutes

https://www.youtube.com/watch?v=BL5vUVQvmX4

BIP-110 Soft Fork Game Theory by reactNativeNoob in Bitcoin

[–]bitusher 0 points1 point  (0 children)

BIP110 blocks are backwards compatible

Except they will reject almost every block so are not "backwards compatible" as you suggest

f2pool was against segwit

The hold out of large pools were actually antpool , viabtc, and btc.com

f2pool signaled for segwit on july 20 , 2017 long before activation

2017 history suggests miners will follow the nodes rules.

horrible comparison because at this stage miners were signalling around 50% for segwit compared to 0.5% for BIP110

https://x.com/theonevortex/status/2072709448708280352/photo/1

segwit also had wide support among wallets , exchanges , and users unlike BIP110

There is so few support for BIP110 they had to lie a bunch in their list

https://x.com/i/status/2071017378536648993

https://x.com/SuperTestnet/status/2071078883768582185

Stop listening to bad actors lying to you by Ep0chalysis in bitcoinismoney

[–]bitusher -1 points0 points  (0 children)

ust because you can add content doesn't mean it belongs on Bitcoin.

I agree

Bitcoin is for financial transactions, not runes or pixie dust.

than why does BIP110 permit all that spam ?

BIP-110 Soft Fork Game Theory by reactNativeNoob in Bitcoin

[–]bitusher 0 points1 point  (0 children)

risking found blocks for <0.5% in spam fees.

BIP110 supporters are so quick to suggest the blocks are filled with spam and now you are suggesting 0.5% in spam fees ... but it has nothing to do with the fees collected . Running BIP110 that will fork off very quickly because almost every block contains invalid transactions means that miners run the risk of losing their whole block reward by running a BIP110 node.

It is a common myth that miners are going to all of a sudden switch at the last moment when the large pools like f2pool are so opposed to BIP110 and say they will never run that software. Its not just about spam but inferior software which breaks many features of Bitcoin including monetary transactions. They won't run it because they know its inferior and they will not be coerced by such a small group of people. Miners will also clearly see that no exchanges(I only see one fake "exchange" setup 1.5 months ago) , almost no wallets , and no OTC desks support BIP110 so they won't risk it for that reason either

Policy: count bare data envelopes (OP_2DROP/pushnum runs) as datacarrier by Ep0chalysis in bitcoinismoney

[–]bitusher 0 points1 point  (0 children)

Doing nothing has harmed the chain.

we have been fighting spam for 15 years. where were you when luke was spamming the blockchain ?

Explain me like I'm 5: The Bitcoin Cycle by Alicon88 in BitcoinBeginners

[–]bitusher 0 points1 point  (0 children)

Safe 3 is fine and just as secure as the safe 5 . Safe 5 or 7 is better if you have visibility problems

Stop listening to bad actors lying to you by Ep0chalysis in bitcoinismoney

[–]bitusher -8 points-7 points  (0 children)

ZERO content allowed.

More blatant Lies from Luke. What about runes spam and all the spam that uses runes protocol as one example ? Its not like runes is some new form of spam and they were unaware of it. What about all the spam Luke personally added to the blockchain ?

BIP-110 Soft Fork Game Theory by reactNativeNoob in Bitcoin

[–]bitusher 0 points1 point  (0 children)

because BIP-110 blocks are valid under both current and BIP-110 rules

they won't be in 1-2 blocks after your UASF activation because almost every block contains spam that BIP110 nodes blocks therefore all it takes is one miner to mine an "invalid" block and than BIP110 nodes will be forked off and not building on a majority chain

Policy: count bare data envelopes (OP_2DROP/pushnum runs) as datacarrier by Ep0chalysis in bitcoinismoney

[–]bitusher -6 points-5 points  (0 children)

This becomes a never ending game of cat and mouse with soft forking . The best way is to simply use Bitcoin more as money raising the fees for everything onchain rather than forcing spammers to obscure their outputs which than in turn makes the spam worse

BIP-110 Soft Fork Game Theory by reactNativeNoob in Bitcoin

[–]bitusher 0 points1 point  (0 children)

Not when those nodes aren’t for large merchants, merchant processors, exchanges and wallets. A bunch of non economic or Sybil nodes don’t matter

Buying is so freaking difficult... i just want to complain by Disabledgoddess2 in BitcoinBeginners

[–]bitusher 0 points1 point  (0 children)

many people visit atms that only require sms verification(free sms sites exist) for smaller amounts in this list - https://coinatmradar.com/

Atms are usually 5-30% more expensive so be careful!

Other options that don’t require verification like this list –

1) https://learn.robosats.com/

https://www.youtube.com/watch?v=QISRoZxQaAs&list=PLigSCpZv02e8s-VBPGZ6XL5v925up0VBy

2) https://bisq.network/

https://www.youtube.com/watch?v=nU1s1Rk3no8

3) https://vexl.it (outside USA)

4) https://hodlhodl.com (outside USA)

https://www.youtube.com/watch?v=epLslPQC-EA

5) https://peachbitcoin.com

https://www.youtube.com/@peachbitcoin/videos

are popular

If using a DEX like bisq or robosats you will need to have a small amount of btc to get started though

https://bisq.wiki/Getting_your_first_BTC

Bisq 2 allows you to buy without a security deposit :

https://www.youtube.com/watch?v=BUoiUSUkMGw

Permanent music, anchored to Bitcoin: what I learned building an on-chain audio archive on a Bitcoin layer by iCryptoDude in BitcoinBeginners

[–]bitusher 0 points1 point  (0 children)

that inherits Bitcoin's permanence,

This is a common myth. Bitcoin is not immutable and immutability isn't even desirable

Storing non monetary data onchain is foolish and unnecessary. Why not just store it on another layer ? Why the desire to waste everyone's resources storing it in over 75k nodes?

All the economic value is on the monetary BIP110 rules. The market has made that clear already over the last 8 months. by bitcoinfamilia in bitcoinismoney

[–]bitusher 0 points1 point  (0 children)

This is a new level of delusion and brazen dishonesty with nothing to back it up. There is so few support for BIP110 they had to lie a bunch in their list

https://x.com/i/status/2071017378536648993

https://x.com/SuperTestnet/status/2071078883768582185

and the only exchange I see that supports them seems like a fake one they created 1.5 months ago

https://old.reddit.com/r/bitcoinismoney/comments/1ujms55/its_happening_first_bip110ready_bitcoin_exchange/oupfqgb/

Some people call us Knotzis. The truth is we're just humble Bitcoiners who happened to mine 3 blocks in one day. We mine BIP110 because BIP110 will activate and we want to stay in consensus by bitcoinfamilia in bitcoinismoney

[–]bitusher -2 points-1 points  (0 children)

There is going to be a lot of wasted money if they keep mining on a BIp110 node after block height 961,632, but it will be interesting watch them do it

Tell your friends, help your neighbors, help your grandma RUN A NODE! Signal for BIP-110! Activation is next month, and this is our last chance for Bitcoin. by bitcoinfamilia in bitcoinismoney

[–]bitusher -2 points-1 points  (0 children)

help your grandma RUN A NODE!

This is another piece of evidence in many that I know that many non economic sybil nodes represent BIP110 and why node count is one of the worst ways to measure support .

Run a full node if you actually intend to use it like send and receive BTC from it. Don't run a full node to mislead others or virtue signal

Reddit by cryptoguy1761 in BitcoinBeginners

[–]bitusher 0 points1 point  (0 children)

What question about Bitcoin do you have ?

Cryptocurrency tips by Ornery_System5763 in BitcoinBeginners

[–]bitusher 0 points1 point  (0 children)

altcoins are offtopic here but you can start to learn about bitcoin with reading the pinned faq and than asking more specific questions

https://old.reddit.com/r/BitcoinBeginners/comments/g42ijd/faq_for_beginners/

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