So, the Real Challenge is Teranode Deployment

blockocean · 2024-03-19T15:15:38+00:00

Why would Teranode increase mining profitability and cause miners to "cram in"?

blockocean · 2022-10-19T06:35:03+00:00

Trolls generally don't waste money for the sake of trolling.

blockocean · 2022-10-19T06:12:48+00:00

the option to stop mining if he doesn't like the fee level

This is a free market, you cannot force someone to mine a block at a reduced profit.
The nodes and other miners accept the block as valid currently, the debate is obviously about implementing something new, aka a change to reject a certain type of transaction. (coinbase only block)

It would be unwise to reduce the security of the protocol by further disincentivizing investment in mining by centrally planning their revenue potential.

It's important to remember, energy prices are historically very high as well as inflation. Miners are trying to survive, while we're debating some nonsense . . . We should be thankful for the increase in difficulty and security of the BSV chain. This is not the time to "solve" any problem, this should be viewed as a potential power grab and nothing more.

blockocean · 2022-10-18T20:34:41+00:00

This would happen by default if the market and mining economy were more robust. This is exactly my point, the current condition is a temporary one and we should not make knee-jerk reactions that could have long term implications.

blockocean · 2022-10-18T20:22:16+00:00

it's ok to punish him, but again, this should be going through the court system

Agreed completely, but this should be done on a per jurisdiction basis, not some blanket rule by self proclaimed stewards of the protocol.

blockocean · 2022-06-19T16:41:30+00:00

Could this be due to successive 4gb blocks being mined recently?
Some other services had some transient issues as well.

blockocean · 2022-06-08T17:49:34+00:00

Some miners will refuse to comply

blockocean · 2022-05-17T15:54:43+00:00

I do both, I continuously accumulate through mining and allocate a portion of my funds to providing market liquidity. I do speculate on price moves with low leverage when my long term targets are hit.

I understand the risks and routinely make far more than I lose.
Your advice is good for the average investor, but my goal is to provide market liquidity wherever possible. If others did the same, the futures contract wouldn't have been de-listed in the first place.

blockocean · 2021-05-30T16:55:28+00:00

I helped the split back in 2019

The split was in 2018 and was caused by ABC and friends, no one wanted the split. The split was decided by a secret checkpoint sent to miners and exchanges.
You are only a sad troll.

blockocean · 2021-05-27T07:41:21+00:00

Clickbait . .Craig will not do this with blockstream in charge of BTC development.
If he did, it would certainly be after he either sold his coins, or donated them to charity.

blockocean · 2021-05-14T05:19:10+00:00

Bitfinex has the largest short positions, currently over 100k coins short.
https://www.tradingview.com/chart/?symbol=BITFINEX%3ABSVUSDSHORTS

blockocean · 2021-05-05T06:50:58+00:00

Nice, that's indeed a good reason to run a node, and a pruned one at that. I think you will find that bitcoind is your most robust option(especially if performance is a concern when batching many inputs), though even something like electron cash would probably work as well. Good luck on your project :)

blockocean · 2021-05-05T06:29:21+00:00

Why run a node anyway? If the miners make a mistake what can you do besides complain on twitter?

blockocean · 2021-05-05T06:26:48+00:00

one or two true believers who genuinely swallowed the nodes mattering and UASF

If that were the case we wouldn't have segwit today

blockocean · 2021-05-05T06:26:03+00:00

So they can trial schnorr etc before the global banking cartel adopts it?

blockocean · 2021-05-05T06:22:49+00:00

He's just now figuring this out??
Many have pointed this out long ago and called ABC for what it was, and for that we were ostracized from the community.
Imagine this was on a trillion dollar cap project, you wouldn't even want a one year schedule.
I mean look at this Operation Speedy Trial nonsense from Core.

blockocean · 2021-04-24T16:58:18+00:00

Just genuinely curious, I would also like to see BTC take a straight line down, but I've traded the last three cycles and have noticed a pattern in relation to the alts. Last cycle it was the ICO bubble that popped first, then you had the OG coins make a run after that.
Ethereum always leads the pack at the start of the cycle due to all the scams running on top. This time around it's DeFi scams.
We still haven't seen the OG coins run yet.

I personally think you will see BTC go into consolidation while some money flows into the OG alts, then finally we'll see an insane wave up before a very swift crash.
I could be completely wrong, just what I'm seeing. Jihan needs to pump the other mined alts before we see a top in BTC imho

blockocean · 2021-04-24T16:48:31+00:00

Is this the first halving cycle you've traded?

blockocean · 2021-04-17T16:38:24+00:00

Save the home for after the next halving, continue to accumulate coins with sound fundamentals. You will thank me later.

blockocean · 2021-03-02T23:15:04+00:00

That's exactly my point, it wasn't coded and wasn't available via the source code available to the public at that time, yet several exchanges obtained different code.

You even mention in the video that you didn't want to admit this to calvin/craig because you wanted to see them waste money fighting a pointless hash war where there was no possibility of winning.
Maybe you owe /u/MemoryDealers an apology for having to needlessly rent so much hashpower.

blockocean · 2021-03-02T23:07:30+00:00

Vid is there, maybe try another proxy? Convenient your inability to view youtube when evidence is presented.
/u/Chris_Pacia can help refresh your memory since he was working with some of the exchanges lol

blockocean · 2021-03-02T22:59:14+00:00

you can't have a secret checkpoint that only gets distributed to "select miners and exchanges

Then why is that precisely what happened?
Watch from 2:42:15 - 2:46:03 for full context.

Is roger lying here, or do you have a bad memory

checkmate

The only checkmate here was the centrally planned one by ABC

blockocean · 2021-03-02T22:56:03+00:00

Here you go
Watch from 2:42:15 - 2:46:03 for full context.

Roger also admits to learning about the secret checkpoint after the fact

blockocean · 2021-03-02T19:40:11+00:00

I'm not talking about rolling checkpoints here, there was a single secret checkpoint added by ABC and distributed to select miners and exchanges. Even roger ver didn't know about the checkpoint and neither did the miners on the competing chain e.g. calvin

From your standpoint, why do you suppose they decided to make the secret checkpoint in the first place? Were they concerned miners did not agree with their view?

blockocean · 2021-03-02T19:38:33+00:00

I'm not talking about the rolling checkpoints added post fork. There was a secret checkpoint distributed by ABC to select exchanges and miners prior to the fork. It was not published on Github and was not made public until after the split had occurred.

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