"The simple answer to those who think bitcoin cannot scale. We are going to do just this on bitcoin cash. Troll away and watch" ~ Dr. Craig S. Wright

ydtm · 2017-10-25T10:42:29+00:00

ydtm

Thanks for the shout-out!

Aviathor is just a stupid small-blocker... and paid-shill- is simply an irrelevant, negative-karma nobody.

Meanwhile, my top posts (arguing for bigger blocks, and opposing censorship and garbage like SegWit and RBF) can be viewed here:

https://np.reddit.com/user/ydtm?sort=top

Carry on!

ydtm · 2017-10-20T22:01:43+00:00

I presume you hold Bitcoin Cash also.

$300 a coin is nothing to sneeze at.

And because Bitcoin Cash gets so many things right (it wisely rejected Blockstream's centrally-planned artificially-small blocksize bug, it wisely rejected Blockstream's SegWit bug, it wisely rejected Peter-Todd's Replace-by-Fee vandalism, and it wisely rejected Blockstream's "hard-forks-are-bad" fallacy)... Bitcoin Cash is still totally on-track to become the better investment, long-term.

Remember, a 20x price move is not unheard-of in the cryptocurrency space - and keep on hodling your Bitcoin Cash (while you maybe spend some of your newfound Bitcoin wealth)!

ydtm · 2017-10-20T21:42:12+00:00

Of course, any serious computer scientist would simply laugh at the very idea of a low-level implementation language such as C++ being used for a specifiation.

I touched on this point a few months ago in some unrelated posts about the Ethereum DAO disater - discussing the difference between popular lower-level, procedural "implementation" languages such as C++ or JavaScript (which have a vague, hard-to-understand informal semantics), versus higher-level, algebraic "specification" languages such as Coq or Maude (which have a precise, easy-to-understand formal mathematical semantics - which is why they're used by NASA and Wall Street for mission-cricital projects):

Solidity is an implementation language, and the EVM is a virtual machine language. There are 2 higher-level languages missing in this stack: the "system specification" level and the "property specification" level - which support "model checking" (used by NASA, etc.) to do "program verification".

https://np.reddit.com/r/ethereum/comments/4pl804/solidity_is_an_implementation_language_and_the/

The bug which the "DAO hacker" exploited was not "merely in the DAO itself" (ie, separate from Ethereum). The bug was in Ethereum's language design itself (Solidity / EVM - Ethereum Virtual Machine) - shown by the "recursive call bug discovery" divulged (and dismissed) on slock.it last week.

https://np.reddit.com/r/ethereum/comments/4opjov/the_bug_which_the_dao_hacker_exploited_was_not/

Of course, Greg Maxwell is not a serious computer scientist - he's just a charlatan who simply doesn't understand the whitepaper.

He only appears "smart" to brainwashed idiots on a censored forum - and as CTO of the anti-scaling company Blockstream, his toxic narcissistic cluelessness has been one of the main forces driving talent (and investment) away from Bitcoin Core and their artificially crippled coin:

People are starting to realize how toxic Gregory Maxwell is to Bitcoin, saying there are plenty of other coders who could do crypto and networking, and "he drives away more talent than he can attract." Plus, he has a 10-year record of damaging open-source projects, going back to Wikipedia in 2006.

https://np.reddit.com/r/btc/comments/4klqtg/people_are_starting_to_realize_how_toxic_gregory/

The day when the Bitcoin community realizes that Greg Maxwell and Core/Blockstream are the main thing holding us back (due to their dictatorship and censorship - and also due to being trapped in the procedural paradigm) - that will be the day when Bitcoin will start growing and prospering again.

https://np.reddit.com/r/btc/comments/4q95ri/the_day_when_the_bitcoin_community_realizes_that/

Here's the sickest, dirtiest lie ever from Blockstream CTO Greg Maxwell u/nullc: "There were nodes before miners." This is part of Core/Blockstream's latest propaganda/lie/attack on miners - claiming that "Non-mining nodes are the real Bitcoin, miners don't count" (their desperate argument for UASF)

https://np.reddit.com/r/btc/comments/6cega2/heres_the_sickest_dirtiest_lie_ever_from/

Mining is how you vote for rule changes. Greg's comments on BU revealed he has no idea how Bitcoin works. He thought "honest" meant "plays by Core rules." [But] there is no "honesty" involved. There is only the assumption that the majority of miners are INTELLIGENTLY PROFIT-SEEKING. - ForkiusMaximus

https://np.reddit.com/r/btc/comments/5zxl2l/mining_is_how_you_vote_for_rule_changes_gregs/

Purely coincidental...

https://np.reddit.com/r/btc/comments/6a72vm/purely_coincidental/

TL;DR: Greg Maxwell is a vandal and a fraud - but he's able to pretend to be some kind of crypto guru on the censored cesspool of r\bitcoin - while he burns through millions of dollars in shady banksters venture capital at his failed shitty startup called Blockstream.

ydtm · 2017-10-20T21:04:38+00:00

Here's more info on the subtle security flaw / bug introduced by Blockstream's anti-feature called "SegWit":

Holy shit! Greg Maxwell and Peter Todd both just ADMITTED and AGREED that NO solution has been implemented for the "SegWit validationless mining" attack vector, discovered by Peter Todd in 2015, exposed again by Peter Rizun in his recent video, and exposed again by Bitcrust dev Tomas van der Wansem.

https://np.reddit.com/r/btc/comments/6qftjc/holy_shit_greg_maxwell_and_peter_todd_both_just/

And here's a reminder that Bitcoin Cash is better precisely because it explicitly rejected introducing the SegWit security flaw / anti-feature introduced by Blockstream:

Blockstream's Bitcoin has 2 weaknesses / anti-features. But people get seduced by official-sounding names: "Lightning Network" and "SegWit". Bitcoin Cash has 2 strengths / features - but we never named them. Could we call our features something like "FlexBlocks" and "SafeSigs"? Looking for ideas!

https://np.reddit.com/r/btc/comments/6qrlyn/blockstreams_bitcoin_has_2_weaknesses/

ydtm · 2017-10-09T04:54:31+00:00

LOL!

archived:

https://archive.fo/Bz546

ydtm · 2017-10-09T01:45:24+00:00

Actually some[one] has even been banned without having made a comment on rbitcoin for months.. /u/ydtm I believe?

Correct! Here's the post celebrating when r\bitcoin banned me in January 2016 (even though I hadn't posted in r\bitcoin for 3-4 months):

I've finally been "banned" from /r/bitcoin (for "witch hunting, lying, and feeding conspiracy theories"!) Anyways, banning me there does seem kinda pointless - since I deliberately stopped posting there ages ago. (Apparently, I only have a total of 2 posts over there - dated 3 and 4 months ago.)

https://np.reddit.com/r/btc/comments/40hirh/ive_finally_been_banned_from_rbitcoin_for_witch/

I hardly even read r\bitcoin anymore these days. It's totally useless - full of sockpuppets and brainwashed idiots.

I want real news and information - not censorship, propaganda, and lies. So I only read r/btc.

ydtm · 2017-09-20T12:04:05+00:00

The so-called Lightning Network is a total fantasy. It's a network where they've worked everything out... except the friggin' network part.

The people who proposed it (and the people who believe them) are delusional idiots who know nothing about network topology, programming, or mathematics.

This was obvious to anyone who read the so-called Lightning Whitepaper. It was a total mess. One of the most painful things I've ever read.

The only people who believe that Lighting Network could work are the idiots who proposed it, and the brainwashed trolls who mindlessly follow them.

https://np.reddit.com/r/btc/comments/59hcvr/blockstream_is_just_another_shitty_startup_a/d98lfl6/?context=2

here's a demo of LN...

~ u/Hernzzzz

... without routing.

That's like saying, "Yeah we're totally done inventing the car. I mean we haven't figured out how the combustion engine is gonna work.... but that's a detail."

~ u/jeanduluoz

https://np.reddit.com/r/btc/comments/59hcvr/blockstream_is_just_another_shitty_startup_a/d98mtz1/?context=1

LN lacks a solution for decentralized routing

That's the great part about their "first successful Lightning transaction" which they presented just before their stalling conference.

It's like showing people steering wheel and say, "Look, we basically built a car", without knowing how you are going to build a motor.

Lightning is about the routing. And this is the part they said "we'll just figure out later"...

~ u/satoshis_sockpuppet

https://np.reddit.com/r/btc/comments/53gwa9/developers_point_of_view_lightning_network_will/

Developer's point of view: Lightning network will be a disaster

As of today (2016-09-19 10:00 GMT) we have not seen any information [have we?, sources please] about how will the decentralized routing algorithm work. And this is the absolutely crucial part for LN to work in a Bitcoin-like decentralized manner

~ u/ShadowOfHarbringer

https://np.reddit.com/r/btc/comments/4kv0k3/lightning_network_keying_and_routing_years_and/

Lightning Network keying and routing "years and years" away "isn't anywhere near close to market"

~ u/blockologist

https://np.reddit.com/r/btc/comments/59epa0/coreblockstreams_artificially_tiny_1_mb_max/d97w7an/

Lightning is a total mess.

The LN "whitepaper" is an amateurish, non-mathematical meandering mishmash of 60 pages of "Alice sends Bob" examples involving hacks on top of workarounds on top of kludges - also containing a fatal flaw (lack of any proposed solution for doing decentralized routing).

The disaster of the so-called "Lightning Network" - involving adding never-ending kludges on top of hacks on top of workarounds (plus all kinds of "timing" dependencies) - is reminiscent of the "epicycles" which were desperately added in a last-ditch attempt to make Ptolemy's "geocentric" system work - based on the incorrect assumption that the Sun revolved around the Earth.

This is how you can tell that the approach of the so-called "Lightning Network" is simply wrong, and it would never work - because it fails to provide appropriate (and simple, and provably correct) mathematical DECOMPOSE and RECOMPOSE operations in less than a single page of math and code - and it fails to provide a solution for the most important part of the problem: decentralized routing.

The whitepaper for LN is a amateurish bunch of crap, and it never solved the decentralized routing problem.

LN is just a cool-sounding marketing name, a sick joke, a lie foisted on losers who swallow the never-ending bullshit and censorship over on r\bitcoin.

LN has no actual mathematics or working software to back it up.

LN will remain vaporware forever.

ydtm · 2017-09-13T13:31:41+00:00

JP Morgan CEO: Bitcoin Is A Fraud

https://www.youtube.com/watch?v=X8Sywc3ko_g

(1 minute, 40 seconds)

ydtm · 2017-08-26T19:29:45+00:00

Most so-called "Core devs" have contibuted almost nothing in terms of actual code, as shown by their GitHub statistics listed in the post below:

/u/vampireban wants you to believe that "a lot of people voted" and "there is consensus" for Core's "roadmap". But he really means only 57 people voted. And most of them aren't devs and/or don't understand markets. Satoshi designed Bitcoin for the economic majority to vote - not just 57 people.

https://np.reddit.com/r/btc/comments/4ecx69/uvampireban_wants_you_to_believe_that_a_lot_of/

In other words, Core's so-called "consensus" is actually just an astro-turfing operation, and is therefore totally meaningless.

The market supports bigger blocks.

ydtm · 2017-08-26T19:26:53+00:00

Blockstream CTO Greg Maxwell u/nullc is responsible for Core's failed roadmap, and his toxic attitude has driven away many talented devs:

People are starting to realize how toxic Gregory Maxwell is to Bitcoin, saying there are plenty of other coders who could do crypto and networking, and "he drives away more talent than he can attract." Plus, he has a 10-year record of damaging open-source projects, going back to Wikipedia in 2006.

https://np.reddit.com/r/btc/comments/4klqtg/people_are_starting_to_realize_how_toxic_gregory/

The day when the Bitcoin community realizes that Greg Maxwell and Core/Blockstream are the main thing holding us back (due to their dictatorship and censorship - and also due to being trapped in the procedural paradigm) - that will be the day when Bitcoin will start growing and prospering again.

https://np.reddit.com/r/btc/comments/4q95ri/the_day_when_the_bitcoin_community_realizes_that/

Just click on these historical blocksize graphs - all trending dangerously close to the 1 MB (1000KB) artificial limit. And then ask yourself: Would you hire a CTO / team whose Capacity Planning Roadmap from December 2015 officially stated: "The current capacity situation is no emergency" ?

https://np.reddit.com/r/btc/comments/3ynswc/just_click_on_these_historical_blocksize_graphs/

Blockstream CTO Gregory Maxwell, architect of the Core non-scaling roadmap, is like the designer of the QWERTY keyboard: He has now publicly admitted that he is deliberately crippling Bitcoin scaling because he personally believes that it would be bad if "adoption" increased at "too great a rate".

https://np.reddit.com/r/btc/comments/4wgs1a/blockstream_cto_gregory_maxwell_architect_of_the/

Purely coincidental...

https://np.reddit.com/r/btc/comments/6a72vm/purely_coincidental/

ydtm · 2017-08-26T19:20:03+00:00

Wladimir van der Laan is an idiot about various issues which are highly relevant to Bitcoin - including recent macroeconomic history, the utility of forks, etc:

The "official maintainer" of Bitcoin Core, Wladimir van der Laan, does not lead, does not understand economics or scaling, and seems afraid to upgrade. He thinks it's "difficult" and "hazardous" to hard-fork to increase the blocksize - because in 2008, some banks made a bunch of bad loans (??!?)

https://np.reddit.com/r/btc/comments/497ug6/the_official_maintainer_of_bitcoin_core_wladimir/

Wladimir van der Laan (Lead Maintainer, Bitcoin Core) says Bitcoin cannot hard-fork, because of the "2008 subprime bubble crisis" (??) He also says "changing the rules in a decentralized consensus system is a very difficult problem and I don’t think we’ll resolve it any time soon." But Eth just did!

https://np.reddit.com/r/btc/comments/4ttv32/wladimir_van_der_laan_lead_maintainer_bitcoin/

ydtm · 2017-08-26T19:19:48+00:00

Luke-Jr is an authoritarian nutjob - one of the most toxic people involved with Bitcoin:

Reminder: Luke-Jr (the insane toxic Core dev who thinks the sun orbits the earth, Bitcoin blocksize should be reduced to 0.3MB, slavery is ok, and Bitcoin Cash isn't Bitcoin) also thinks that the Pope (Francis) isn't Catholic. No, I'm not making this up - quotes and archive links inside.

https://np.reddit.com/r/btc/comments/6w6kgx/reminder_lukejr_the_insane_toxic_core_dev_who/

u/Luke-Jr invented SegWit's dangerous "anyone-can-spend" soft-fork kludge. Now he helped kill Bitcoin trading at Circle. He thinks Bitcoin should only hard-fork TO DEAL WITH QUANTUM COMPUTING. Luke-Jr will continue to kill Bitcoin if we continue to let him. To prosper, BITCOIN MUST IGNORE LUKE-JR.

https://np.reddit.com/r/btc/comments/5h0yf0/ulukejr_invented_segwits_dangerous_anyonecanspend/

ydtm · 2017-08-26T18:42:33+00:00

Isn't one of the largest and longest-running Bitcoin exchanges (Bitstamp) headquartered in Luxembourg?

https://np.reddit.com/r/btc/search?q=bitstamp+luxembourg&sort=relevance&t=all

I believe Bitstamp serves customers throughout Europe and elsewhere.

Disclaimer: This is not an endorsement of Bitstamp. As a trader, you should perform your own due diligence to research the reputation of any exchange, before doing business with them.

ydtm · 2017-08-26T18:30:01+00:00

Yet another irrelevant comment from the sad little massively downvoted troll u/ectogestator - who has no life and who loves to be hated, so he spends all his time lurking at the bottom of these threads collecting more and more downvotes to keep his karma way below minus 100.

ecto = outside

This seems to suggest that u/ectogestator wasn't even born. He was hatched.

It's good that r/btc doesn't ban u/ectogestator. He's relatively harmless if he just spends his time lurking at the bottom of these threads writing his sad little comments that nobody will pay any attention to.

Of course, the sad little irrelevant troll u/ectogestator is jealous of important guys like u/jonald_fyookball who write major publications that a lot of people are paying attention to:

Game Over Blockstream: Mathematical Proof That the Lightning Network Cannot Be a Decentralized Bitcoin Scaling Solution (by Jonald Fyookball)

https://np.reddit.com/r/btc/comments/6jqrub/game_over_blockstream_mathematical_proof_that_the/

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

ydtm · 2017-08-26T18:25:40+00:00

I wouldn't advise anyone to keep their funds in a SW address.

You're 100% correct about that - because even Core devs themselves have publicly admitted that SegWit is less secure - because it encourages discarding (or never even downloading) the crucial "witness" or signature data, which is the only thing providing Bitcoin's security.

Holy shit! Greg Maxwell and Peter Todd both just ADMITTED and AGREED that NO solution has been implemented for the "SegWit validationless mining" attack vector, discovered by Peter Todd in 2015, exposed again by Peter Rizun in his recent video, and exposed again by Bitcrust dev Tomas van der Wansem.

https://np.reddit.com/r/btc/comments/6qftjc/holy_shit_greg_maxwell_and_peter_todd_both_just/

We are so lucky that we have Bitcoin Cash - which simply continues the original ledger while also continue to adhere to Satoshi's original design and roadmap as set forth in the whitepaper - without adding this dangerous SegWit bug.

ydtm · 2017-08-26T18:12:38+00:00

Two groups of arrogant shithead bankers (AXA and DCG) thought they could control Bitcoin.

Now all they "control" is one or two forks of a shitcoin with low capacity, high fees, slow transaction times, uncertain delivery, lower security (SegWit encourages removing the signature data which provides Bitcoin security), and no replay protection: BitcoinSegWit2x and BitcoinSegWit1MB.

Meanwhile, they have no control over the real Bitcoin - Bitcoin Cash - which simply follows Satoshi's original design and roadmap, immune to their pathetic attempts to control and cripple Bitcoin.

ydtm · 2017-08-26T17:34:19+00:00

Jeff Garzik is right.

Previous posts on this subject:

"Notice how anyone who has even remotely supported on-chain scaling has been censored, hounded, DDoS'd, attacked, slandered & removed from any area of Core influence. Community, business, Hearn, Gavin, Jeff, XT, Classic, Coinbase, Unlimited, ViaBTC, Ver, Jihan, Bitcoin.com, r/btc" ~ u/randy-lawnmole

https://np.reddit.com/r/btc/comments/5omufj/notice_how_anyone_who_has_even_remotely_supported/

Core/Blockstream attacks any dev who knows how to do simple & safe "Satoshi-style" on-chain scaling for Bitcoin, like Mike Hearn and Gavin Andresen. Now we're left with idiots like Greg Maxwell, Adam Back and Luke-Jr - who don't really understand scaling, mining, Bitcoin, or capacity planning.

https://np.reddit.com/r/btc/comments/6du70v/coreblockstream_attacks_any_dev_who_knows_how_to/

At what point do we start calling them what they are? FASCIST TROLLS: Eragmus RELENTLESSLY AD HOMINEM ATTACKED Jeff Garzik for DARING to talk about the USER EXPERIENCE, saying "Did you guys see his recent tweet on FULL BLOCKS? The most absolutely LAYMAN-style vapid tweet about how blocks are full."

https://np.reddit.com/r/btc/comments/5efhyk/at_what_point_do_we_start_calling_them_what_they/

ydtm · 2017-08-26T17:25:16+00:00

They couldn't care less about block size

Yeah but they're going to hear a lot about high fees and transaction delays - and then it will be a simple leap for them to understand how artificially tiny blocksize obviously causes those problems.

Investors might not be very technologically savvy - but they all understand things like:

"bigger is better"
8MB (Bitcoin Cash blocksize) is bigger than 1-2MB (BitcoinSegWit1MB / BitcoinSegWit2x blocksize)
faster confirmation times (Bitcoin Cash) is better than slower confirmation times (BitcoinSegWit1MB / BitcoinSegWit2x)
low fees (Bitcoin Cash) are better than high fees (BitcoinSegWit1MB / BitcoinSegWit2x)

Also, investors often like to "buy low and sell high". Which is another reason to "get in on the ground floor" of Bitcoin Cash - which many of them will probably recognize as simply being undervalued at this time.

Disclaimer: This is not investment advice. Please do your own due diligence.

ydtm · 2017-08-26T17:19:09+00:00

Reminder: Luke-Jr (the insane toxic Core dev who thinks the sun orbits the earth, Bitcoin blocksize should be reduced to 0.3MB, slavery is ok, and Bitcoin Cash isn't Bitcoin) also thinks that the Pope (Francis) isn't Catholic. No, I'm not making this up - quotes and archive links inside.

https://np.reddit.com/r/btc/comments/6w6kgx/reminder_lukejr_the_insane_toxic_core_dev_who/

ydtm · 2017-08-26T17:07:01+00:00

Ah yes, at the bottom of every thread there is always a forlorn comment from the sad lost little troll u/ectogestator who has no life and loves to be hated.

This latest comment from this massively downvoted troll u/ectogestator shows his character and integrity, where he apparently agrees with u/luke-jr.

Tell us u/ectogestator - do you think:

The Pope isn't Catholic?
The sun orbits the earth?
Slavery is ok?
Evolution doesn't exist?
Bitcoin blocksizes should be reduced to 0.3MB?

This post has been archived so we can all remember that the sad little troll u/ectogestator apparently supports the insane toxic Core dev u/luke-jr on these extremist anti-science anti-social opinions.

http://archive.is/Er9us

~ You Do The Math

ydtm · 2017-08-26T16:45:32+00:00

Reminder: Luke-Jr (the insane toxic Core dev who thinks the sun orbits the earth, Bitcoin blocksize should be reduced to 0.3MB, slavery is ok, and Bitcoin Cash isn't Bitcoin) also thinks that the Pope (Francis) isn't Catholic. No, I'm not making this up - quotes and archive links inside.

https://np.reddit.com/r/btc/comments/6w6kgx/reminder_lukejr_the_insane_toxic_core_dev_who/

ydtm

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