Bitcoin Core version 0.13.0 released

The Kava Labs Video Tracker! (YouTube)

This topic tracks the various Youtube uploads regarding Kava Labs. The Kava team checks YouTube everyday - even is a video generally has a "negative outlook" as long as it is educational it will be included here.
If a YouTube video is NOT included here, then it most likely means that it contains false information, and can not be endorsed by Kava in anyway.

Featured Videos:

The Featured section are what Kava feels are the best resources for information
























Monthly Tracker:

This videos in this section are ordered by their published dates, w/ the most recent being first.

July 2020
























June 2020



















May 2020











April 2020







March 2020





Feb 2020




Jan 2020



Dec 2019








Nov 2019










Oct 2019



Summer 2019

These video's may be outdated & no longer relevant.














Note: The vast majority of the video's published during the summer of 2019 are outdated & no longer relevant. Many are also XRP related, and although XRP will be supported by the Kava Defi Lending platform in the near future, this is no longer breaking news.
submitted by Kava_Mod to KavaUSDX [link] [comments]

Debunked: "We don't know what Satoshis opinion was on big blocks or exactly how he expected the Bitcoin design to scale past VISA levels and be usable as money for the entire world"

If the final edition of the design paper itself was not enough to convince you of how Bitcoin is designed to scale, here are Satoshis own less formal explanations.
Satoshi:
Long before the network gets anywhere near as large as that, it would be safe for users to use Simplified Payment Verification (section 8) to check for double spending, which only requires having the chain of block headers, or about 12KB per day. Only people trying to create new coins would need to run network nodes.
At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.
A server farm would only need to have one node on the network and the rest of the LAN connects with that one node.
The bandwidth [required for running a network node] might not be as prohibitive as you think. A typical transaction would be about 400 bytes (ECC is nicely compact). Each transaction has to be broadcast twice, so lets say 1KB per transaction.
Visa processed 37 billion transactions in FY2008, or an average of 100 million transactions per day. That many transactions would take 100GB of bandwidth, or the size of 12 DVD or 2 HD quality movies, or about $18 worth of bandwidth at current prices.
If the network were to get that big, it would take several years, and by then, sending 2 HD movies over the Internet would probably not seem like a big deal.
Source
The proof-of-work is a Hashcash style SHA-256 collision finding. It's a memoryless process where you do millions of hashes a second, with a small chance of finding one each time. The 3 or 4 fastest nodes' dominance would only be proportional to their share of the total CPU power.
There will be transaction fees, so nodes will have an incentive to receive and include all the transactions they can.
Source
The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you’re interested, I can go over the ways it would cope with extreme size.
By Moore’s Law, we can expect hardware speed to be 10 times faster in 5 years and 100 times faster in 10. Even if Bitcoin grows at crazy adoption rates, I think computer speeds will stay ahead of the number of transactions.
Source
The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users.
The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate.
Source
While I don't think Bitcoin is practical for smaller micropayments right now, it will eventually be as storage and bandwidth costs continue to fall [on the global market]. If Bitcoin catches on on a big scale, it may already be the case by that time. Another way they can become more practical is if I implement the client-only mode [which uses the "Simplified Payment Verification" described in the design PDF] and the number of network nodes [more rapidly] consolidates into a smaller number of professional server farms. Whatever size micropayments you need will eventually be practical. I think in 5 or 10 years, the bandwidth and storage will seem trivial.
Source
It would be nice to keep the blk*.dat files small as long as we can.
The eventual solution will be to not care how big it gets.
But for now, while it's still small, it's nice to keep it small so new users can get going faster. When I eventually implement client-only mode, that won't matter much anymore.
Source
It can be phased in, like:
if (blocknumber > 115000) maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.
When we're near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.
Source
submitted by fruitsofknowledge to btc [link] [comments]

Weekly Roundup

News roundup for the previous week.
In International news
  1. Behind the Belt: Short Documentary featuring China’s cultural and economic relationship with Kenya through the eyes of the younger generation
  2. China’s Top Ideologue Calls for Tight Control of Internet
  3. Shinzo Abe: Japan ready to cooperate with China on Global trade plan, hopes to have trilateral meeting with Chinese premier and SK president before end of this year.
  4. Illini Shuttle launches a racist attack on Chinese international students. They protested. Scummy racist van company gets destroyed on review sites.
  5. Mistrust of Australia is growing in China
  6. Puerto Rico's Desperate. China Can Help.
  7. Silk diplomacy of the Celestial Empire against the Turkistan Islamic Party: The civil war in #Syria and growing TIP in the world's jihadist movement forced Beijing to make adjustments to foreign policy. Today, several dozen Chinese military advisers are training the Syrian military in Damascus
  8. China pushing billions into #Iran economy as Western firms stall: China financing billions of dollars of Chinese-led projects, making deep inroads into the economy while European competitors struggle to find banks willing to fund their ambitions, Iranian government and industry officials said
  9. Xi calls for promoting China #Myanmar economic corridor: "We have a long history of friendly friendship and close cooperation with mutual trust and mutual respect in recent years" said Suu Kyi. Xi proposed economic corridor with Myanmar to enhance trade investments and explore new cooperation areas
  10. Ad promises students 'You won't feel like you're in China when you're on our buses': "These types of racist and bigoted statements...deserve nothing but condemnation from all of us" - University of Illinois. Suburban sent a second email it titled "Apology" -- but the message didn't sound apologetic
  11. Asian American Doctor Put on Probation After Revealing He Gets Bullied at Work
  12. Air China To Launch Beijing-Panama Flights in 2018
  13. Budapest Summit: The Silk Road Comes to #Europe. China has comprehensively expanded its relations with the 16 states of the region, offering loans and construction support for a variety of infrastructure projects that are expected to facilitate the Silk Road's expansion into Europe
  14. China's animation wins first prize of Anilogue International #Animation Festival in Hungary: "Big Fish and Begonia" won the first prize of the full-length film category
  15. International forum analyzes evil nature of #FalunGong: Michael Kropveld, Founder and Executive Director of Info-Cult/Info-secte, said though China and western countries differ in culture, religion, history and law, the behavior of Li Hongzhi his followers are no doubt promoting a cult
  16. Panama builds "China team" to improve bilateral ties
  17. After ditching Taiwan, China says Panama will get the help it needs
  18. 'It's just a waste of money': Chinese students regret enrolling in US universities
  19. China, Maldives to increase Belt and Road cooperation: Yameen said the #Maldives viewed China as "amongst our closest friends, most trusted and most dependable partners." "The Belt and Road Initiative has greatly helped the development of many small and medium countries," he said
  20. Dragon of Afghanistan: Bruce Lee lookalike reviled by Extremists (Trailer) Premiere 12/6
  21. China’s ban on imported plastic leads to ‘impending crisis’ for UK waste recycling
  22. Russia-China bond market play could kick-start new dollarless financial system: The Moscow stock exchange will soon issue nearly $1 billion-worth of yuan-denominated bonds. It could become the start of a new financial system not based on the US dollar, analysts say
  23. China, Russia seek closer military cooperation: Military cooperation plays an important role in #Russia-China relations and the two countries should continue to strengthen their partnership in joint military drills, army games and personnel training, Putin said
  24. Trump fiddles with phone as US burns out in Asia, and China gives a lesson in leadership
  25. China offers to help get Israelis and Palestinians talking. Beijing calls for restraint as violence follows US decision to move embassy to Jerusalem.
  26. If U.S. Navy vessel docks in Kaohsiung, China will attack: PRC embassy minister
  27. 澳洲人民站起来了
  28. The China-Russia-Canada-America Train / Tunnel Link?
In Domestic news
  1. Chinese manned submersible with pinpoint accuracy officially commissioned: Shenhai Yongshi, or "deep sea warrior," control system enables the submersible to locate an item with a diameter of less than 50 cm some 3,500 meters underwater
  2. Gas shortage for winter heating sparks outrage
  3. What’s wrong with China’s kindergartens?
  4. At home and abroad, the swaggering Lu Wei, China’s now disgraced chief censor, won all his battles. Whether publicly cowing the country’s “Big V” bloggers or extracting homage from Western media and technology executives. Some speculate Mr. Lu’s didn’t go far enough to satisfy his boss, President Xi
  5. 中华人民共和国反间谍法实施细则
  6. English Teacher at Top School in China Fired Over Sexual Abuse Allegations
  7. Chinese per capita energy consumption expected to double by 2040
  8. Arrest warrant issued for 2nd HK Localist Rioter who skipped out on bail
  9. 中国驻美公使:美军舰抵达高雄日就是我军武统之时
In SciTech news
  1. China to power WuXi NextCODE, the Google of human #genome data: WXNC’s “genomically ordered relational database” was designed to store and analyse huge amounts of genetic code and index new genetic variations from genomes sequenced by the company, its partners and in every public data resource
  2. China is catching to the USA, while Japan is being left behind
  3. Fossil of a 'strange' sea creature discovered: with long spines along its wormlike body and a shell that covers its head like a helmet. The 2-centimeter-long creature, whose scientific name is Orthrozanclus elongata, lived during the Cambrian period
  4. Chinese scientists develop liquid metal 3D printing technique
  5. China's Dark Matter Space Probe Just Detected...Something Very Interesting: haven't found #darkmatter yet, but found what could be an indicator of it. Technically, it's called a spectral break, and while we've seen indirect measurements, this is the first time such a blip has been directly spotted
  6. Inside Baidu’s Bid to Lead the AI Revolution
  7. Better mastery of heat flow leads to next-generation thermal cloaks: #Thermalcloak is designed to hide heated objects from infrared. Materials for such cloaks would need to offer zero thermal conductivity. Fudan University a new mechanism for designing such materials
  8. U.S. and China Satellite Cooperation Means Better Service for Civilian GPS Users: The United States and China have negotiated compatible signal characteristics that will both protect and enhance service for users of the U.S. Global Positioning System (GPS) and the equivalent Chinese system
  9. Long March 2D lofts latest Yaogan Weixing satellite – named LKW-1: The Jianbing-6 electro-optical satellites carry high resolution optical sensors and reportedly have a resolution of between one to three meters and are placed in orbits that provide favorable illumination for the imaging missions
  10. China shows off drone brigade at Guangzhou Fortune Forum gala. 1180 drones weighing a ton and controlled by a console and one operator.
  11. China gets big boost in semiconductor equipment localization
  12. China is racing down the path of global digital domination, with Xi Jinping in the driver’s seat. China is already spending the equivalent of 2.1 per cent of its 2016 economic output on technology research and development, more than the European Union’s 2.08 per cent.
  13. Chinese Scientist discovers Perfectly Preserved Dinosaur Feathers trapped in amber in unprecedented find
  14. First small unmanned cargo ship in pipeline: loading capacity of 500 metric tons and be able to sail 500 nautical miles (930 km) with its battery fully charged. Such unmanned vehicles are expected to lower the number of human-error incidents at sea, reduce labor costs and cut emissions
  15. Shanghai subway to use Alibaba voice and facial recognition systems in #AI push: Passengers would be able to tell their destination to ticket machines, and the machines would then recommend the best route
In Economic news
  1. China’s Auto Industry Accelerates in Race Against Foreign Rivals: Lynk & Co. upscale vehicles capable of matching foreign rivals. “Local (Chinese) cars are now the ones that really offer the best value for money,”
  2. To counter NAFTA risks, Trudeau seeks to initiate FTA negotiations with China
  3. Economic Watch: Why the U.S. rejection of China's market economy status is wrong - Xinhua
  4. Chinese manufacturing may not be moving to Africa all that soon - The most common response to rising wages, however, was not relocating to countries with cheaper labor but turning to automation
  5. China Will Lead an Electric Car Future, Fords Chairman Says
  6. Iran & China seek to eliminate US dollar from bilateral trade
  7. China’s Agricultural Imports Will See Continuous Increase
  8. JD.com plans to build nearly 200 drone airports in rural China
  9. China’s phone market is now dominated by five companies, none of which is Samsung
  10. Business Opportunities from Consumption Upgrade in China
  11. The coming trade war over data
  12. Beijing’s bitcoin ban ‘helped China dodge a scary cryptocurrency bubble’: Despite China’s ban on #cryptocurrency exchanges, the government said it was looking into issuing its own sovereign digital currency
  13. China may top US as the world’s biggest consumer by 2022: Chinese imports from Asia, Africa, Oceania, South America and Eastern Europe have already topped those by the US
  14. Ford and Alibaba sign deal for 'car vending machine' sales in China Wants to 'reimagine vehicle ownership experience'
  15. Nvidia’s Shield TV offers Wii and GameCube games in HD in China: running in 1080p resolution, including New Super Mario Bros. Wii, The Legend of Zelda: Twilight Princess, and PUNCH-OUT
  16. Oil Prices Rise On Solid Chinese Demand
  17. China dominates top economies in patent applications. Last year accounted for more applications than US, Europe, Korea and Japan, combined.
  18. China's e-commerce retail over 40% of global market in 2016, doubles US
  19. Ford recruits #Alibaba to help break into China’s electric vehicle industry: The scope of alliance is fairly broad and vague at this point, but a large chunk of the”strategic collaboration” appears to be based around developing a direct sales channel to reach consumers in China
In Military news
  1. China confirms deployment of fighters to South China Sea island for first time: China had sent J-11B fighters to Woody Island in #Paracel. Thermostabilized hangar boosts the jet fighters’ durability and resistance to the island’s humidity and high temperatures,” for longer-term deployments
  2. China Has a Plan to Make America's Stealth Aircraft Obsolete
  3. US defense companies facing increased competition from China
  4. China building more Yuyi-class LCACs: Five Type 726As that appeared to be nearly completed could be seen at the yard on 24 November. The first of these 20,000-tonne amphibious assault ships was commissioned in 2007
  5. Is China chipping away at the Asean bloc? Diplomatic observers say that by pulling its neighbours closer, Beijing is stretching ties between other countries in the region, testing bonds within the Asean bloc on big issues like the South China Sea
  6. Combat ready: Chinese air force puts new Y-9 transport planes through paces in South China Sea drill. Flew thousands of km to simulate an airdrop over an island in the contested waters. The exercise was conducted in mock combat conditions and without weather data or guidance from a command centre
  7. US Air Force Gen. John E. Hyten has alleged that China and Russia have reportedly been developing capabilities, including jamming and laser weapons, that can target military assets of the United States, based in space
  8. China’s Type 001A Aircraft Carrier to House 40 J-15 Fighter Jets: The Type 001A carrier, which is close to completing its mooring test, fifth generation jets such as J-20 and J-31 are meant for flight operations from China's future aircraft carriers with the electromagnetic launcher system
  9. China and Iran carry out naval exercise near Strait of Hormuz as US holds drill with Qatar
Other Notables
  1. Asia's first fully-automated port sets new record
  2. Does anyone have English subtitles for the show "In the name of the people" (人民的名义)?
  3. West meets East: An American girl’s bond with China. Chinese social media have fallen in love with an American teenage girl, after listening to her reciting of an ancient Chinese poem. Happy Rogers, daughter of US investor Jim Rogers, recited a poem written by a Chinese poet of the Song Dynasty
  4. Traditional Han-style group wedding ceremony held in Hunan
  5. Forgotten Japanese POW camp recalled in Chinatown exhibition: The display of 200 enlarged images, along with wall text and illustrations smuggled out by the POWs themselves, comes from China’s Site Museum of Shenyang POW Camp of World War II Allied Forces, and this is its North American premiere
  6. Westerner totally gets it about China
  7. uo'aXy'an Lesson One: Introduction and Greetings (TIL Star Citizen scifi game has a made up alien inspired by Han dynasty and there's a made up language to go with it)
  8. How is the UCLA Basketball team theft being portrayed in China? What are the reactions?
  9. Apple CEO backs China’s vision of an ‘open’ Internet as censorship reaches new heights
  10. Russian election interference: Western leaders hypocritical in manufactured outrage against Russia and China
  11. Chinese Teen Cancer Patient Begs Parents to Stop Her Treatments Because They Can't Afford It
  12. 印度美女漂泊14年,一心只想嫁个中国老公
  13. Homeless Hong Kong man wearing junk metal trinkets [3572 × 4000]
  14. Live: Xi'an-Chengdu HSR puts into wide operation西成高铁实现全线开通运营
  15. LSE Research in Mandarin: Chinese political thoughts | London School of Economics @uToob
  16. China showcases jet fighters at South China Sea island
  17. The Subversive Power of Chinese Internet Slang
  18. 馬雲空降魔都:不愛喝咖啡,但愛星巴克!】全球最大星巴克落戶上海,「星粉」評價:環境很贊,出品很棒,價格不便宜
  19. The day my Chinese dad was declared a ‘bona fide’ #Indonesian and given a new name: I couldn’t imagine what it must have been like living with the continuous, forced assimilation policies in the era of former president Suharto, whose ‘New Order’ regime enacted laws to counter the “Chinese problem”
  20. China and the American Revolution
  21. The Story Behind Lavish Chinese Dance Extravaganza Shen Yun
  22. Traditional Chinese Wedding Hanfu in the style of the Ming Dynasty. Hanfu from 明华堂/Minghuatang.
  23. Chinese Film Sector Charts a Course for a #SciFi Blockbuster to Call Its Own: There are now no less than 10 high-profile such projects targeting release over the coming 12 to 18 months, and many of the country's most esteemed film figures have caught the bug
  24. Ningxia under imperial rule ‘centuries earlier’: excavation of 3,000-year-old tombs. The jade mantis provides evidence of the tomb owner’s relationship with imperial governments. Discovery suggests Ningxia part of the imperial empire from the late Shang, 1,000 years earlier than previously believed
  25. 年度“開光”神曲舞蹈大匯總!【最新 中國搞笑視頻合集+中國社交網絡熱門視頻集錦 10
  26. Wedding photo on cliff face in central China
  27. Ancient China: Colossal Waterway System Built by 5,000-Year-Old #Liangzhu Civilization Discovered by Scientists. Took an estimated 3,000 people nearly a decade to build, and pushes back the date of China's earliest known large-scale water engineering project to about 5,100 years ago
  28. The Rock Springs Massacre
  29. The Child Stars Putting China’s Adult Actors to Shame: “Dream of the Red Chamber” became an overnight sensation. “The acting is really good. To be honest, it’s better than that of some superstars,” read one of hundreds of enthusiastic bullet screen comments searing across the series’ first episode
  30. Netflix acquires three more popular web dramas from China
  31. Inside the China National Acrobatic Troupe with star performer Di Hui
  32. Globe editorial: Does Justin Trudeau get China?
  33. Commentary: It's time for Australia to decide what kind of relationship it wants with China - Xinhua
submitted by AutoModerator to Sino [link] [comments]

Thank you, Greg Maxwell, for sticking up for us. This awesome reply to Mike Hearn shows it.

(Quoted text by Mike Hearn. Reply text by Greg Maxwell.)
It was well .... understood that the users of Bitcoin would wish to protect its decenteralization by limiting the size of the chain to keep it verifyable on small devices.
No it wasn't. That is something you invented yourself much later. "Small devices" isn't even defined anywhere, so there can't have been any such understanding.
The actual understanding was the opposite. Satoshi's words: [...] Then he went on to talk about Moore's law and streaming HD videos and the like. At no point did he ever talk about limiting the system for "small devices".
I have been both working on and using Bitcoin for longer than you have been around, Gregory. Please don't attempt to bullshit me about what the plan was. And stop obscuring what this is about. It's not some personality cult - the reason I keep beating you over the head with Satoshi's words is because it's that founding vision of the project that brought everyone together, and gave us all a shared goal.
Mike, my first use of Bitcoin was in 2009. I wasn't vigorously active in the Bitcoin community until the beginning of 2011, indeed. But this is just a couple months after you (E.g. first code available for BitcoinJ was March 2011-- if you go by forums.bitcoin.org account times my account was created May 5th 2011 vs yours Dec 14th 2010; less than five months after yours). I was also working with related systems long before (E.g. RPOW in 2004). So give me a break, there is no rank to pull here.
Yet again you've managed to call me a bullshitter and guilty of "invention" when in fact I'm actually quoting the system's creator (although without the explicit fallacious argument from authority style you seem prefer). For someone who seems to base all his arguments on interpretations of someone's words you sure seem to call their words lies awfully often:
"Piling every proof-of-work quorum system in the world into one dataset doesn't scale." [...] "Bitcoin users might get increasingly tyrannical about limiting the size of the chain so it's easy for lots of users and small devices." ---- https://bitcointalk.org/index.php?topic=1790.msg28917#msg28917
If you'll note,, the post was Dec 10th 2010 and, presumably, made with an improved understanding of the implications of the system then comments made in 2008 before the system was even operational.
(The same message also mentions that smart contracts can be used to create trustless trade with off-chain systems; As well, later in that thread: "it will be much easier if you can freely use all the space you need without worrying about paying fees for expensive space in Bitcoin's chain.")
I haven't bothered arguing from old posts in the past because I find the practice of argument from authority on this subject abhorrent. It undermines the unique value of Bitcoin to argue based on a single personal opinion, to do so is to miss the point of Bitcoin in a deep and fundamental way. And in my opinion what you're doing is actually much worse: arguing from distortions of random quotations. But it's hard to tolerate the continue revision of history from you in silence.
Moreover, I find those arguments with respect Moore's law especially unconvincing because while I cannot read the mind of people who are not a part of this discussion and haven't chosen to comment, I've used the same argument myself and I know what I was thinking when I used it (and can establish as much, since I'm more verbose I elaborated on it): When someone pointed at Bitcoins global broadcast medium and loudly said that it cannot work because its absurd; and it's very easy to point out broad scaling behavior about what Bitcoin could achieve with complete centralization. Once this has been accepted the argument is over in Bitcoin's favor: Bitcoin's competition has highly centralized administration and so once someone has accepted Bitcoin can (in some way) accommodate the worlds transactions, even if that comes at the cost of 99% of the decentralization, it's clear that Bitcoin offers something interesting. (And for example, I elaborated on this in a Wiki edit in Aug 2011, https://en.bitcoin.it/w/index.php?title=Scalability&action=historysubmit&diff=14273&oldid=14112 -- though I shouldn't need to point this out to you, since it was you who subsequently erased these words from the page.)
Since when have we "campaigned" to "ignore problems" in the mining ecosystem? [...] Gregory, you are getting really crazy now. Stop it. The trend towards mining centralisation is not the fault of Gavin or myself, or anyone else.
For example, you fought vigorously to get Bitcoin Core off Bitcoin.org, which would ensure that users were not previously equipped with a node suitable for operating mining (which then contributed substantially to the poor usability of solutions like P2Pool; with 98% of it's install time spent waiting for Bitcoin Core to sync).
You've (in my view) aggressively advocated increasing the resource utilization of Bitcoin-- increasing the cost to participate in mining without delegation, with no consideration (or at least disclosure) of the ramifications on the system overall: https://bitcointalk.org/index.php?topic=149668.0
Gavin, for example, has advocated removing mining support from Bitcoin core on several occasions; and constantly professes ignorance on anything mining. His own interests are up to him, but to not be concerned about a central part of the system for anyone working on changing it at such a deep level is-- I think-- a bit problematic.
But I didn't intend to lay blame here, if anything I blame myself for not being more proactive in arguing against things things in the past.
The trend towards mining centralization is a result of various forces, many of which are modulated by the very things we're discussing here (or could be modulated by things we haven't discussed). You're the principle advocate of increasing the cost of a decentralized ecosystem around verification and driving the system towards a state where it is only viable in a more centralized mode. Bitcoin is an artificial construction, not a force of nature, and when someone seeks to change it they ought to take responsibility for what happens--- it's not acceptable to say "oh well, it's not eh fault of anyone" when the incentives drive it in a bad direction.
Is that your strategy on the systems resource consumption in general? Full throttle, no action when it goes off the rails, when the easily foreseeable negative outcomes happen it won't be the "fault" of anyone? If so, I don't think that is acceptable. We need to face the areas in which the system is failing, now and in the future... and not just pump for growth at all cost and shrug and say "oh well, we tried" when the predictable failure happens. It's far from clear to me that the world will get a second shot at this in the next several decades if Bitcoin lapses into the same-old, same-old.
And SPV is exactly what was always intended to be used. It's not something I "fixated" on, it's right there in the white paper. Satoshi even encouraged me to keep working on bitcoinj before he left!
The fixation comment was a specific reply to your long list of the "only reasons" to run a full node, which seemed to be basically said that the only reason to run one was to act as a server for SPV clients; as it listed several points on that-- all three of the numbered points were "serving SPV wallets"-- and buried the rest. I'm sorry if I read too much into it, though it's also consistent with your prior responses that the non-scalability of Bitcoin as a whole is irrelevant due to SPV.
I don't think there is anything fundamentally bad with SPV, it is what it is; it's a tool and an important one. But at the moment it is far more limited than you give it credit for both because it is only secure under certain assumptions which have been provably violated not just at risk of violation, and because the more complete vision of it (e.g. with fraud proofs) has never been implemented.
Look, it's clear you have decided that the way Bitcoin was meant to evolve isn't to your personal liking. That's fine. Go make an alt coin where your founding documents state that it's intended to always run on a 2015 Raspberry Pi, or whatever it is you mean by "small device". Remove SPV capability from the protocol so everyone has to fully validate. Make sure that's the understanding that everyone has from day one about what your alt coin is for. Then when someone says, gee, it'd be nice if we had some more capacity, you or someone else can go point at the announcement emails and say "no, GregCoin is meant to always be verifiable on small devices, that's our social contract and it's written into the consensus rules for that reason".
Now that I've established the "small device" text you're railing on here actually came from the system's creator prior to your involvement, can I expect an admission that your own "personal liking" doesn't have special authority over the system? But I hope you don't create an altcoin: I think it's possible to find ways to accommodate people with very different preferences under one tent, and if we are to build and support a worldwide system we must find those ways rather than fragmenting the marketplace.
submitted by johnnyrivers to Bitcoin [link] [comments]

07-14 01:57 - 'I agree, and you should recheck your math because it's wrong. Modest on-chain is actually really really good for scaling Bitcoin, good for user adoption, good for decentralization as new users run more nodes and more busines...' by /u/Annapurna317 removed from /r/Bitcoin within 3-8min

'''
I agree, and you should recheck your math because it's wrong. Modest on-chain is actually really really good for scaling Bitcoin, good for user adoption, good for decentralization as new users run more nodes and more businesses get involved. Also, Moores Law - the network/hardware/hd space can handle way more than we have right now.
Every economic indicator shows that larger blocks at this point in Bitcoin's life would be beneficial to it.
I also want decentralization and I think there is a point where on-chain needs to stop. We're just very far away from that point and small blockers have been misled to think otherwise.
'''
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Author: Annapurna317
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Bitcoin Abundance 2014 FULL MOVIE *HD* - YouTube Como INVESTIR em BITCOINS em 2020? Faça seu ano novo ... 1 1 2 HD Moore The Wild West Demi Moore's Striptease -⭐️- Striptease (1996) [HD] - YouTube Scott Moore Memorial Tribute HD

Einer Studie von Tyler Moore zufolge, einem Professor für Cyber-Sicherheit an der Universität von Tulsa, wurden seit der Erfindung von Bitcoin 2009 ein Drittel aller Handelsplattformen für ... Bitcoin days destroyed (BDD) was first introduced as a concept in 2011, two years after the creation of the bitcoin cryptocurrency. People were already beginning to develop blockchain metrics to ... HD Moore. Apparently, this user prefers to keep an air of mystery about them. 2. answers. 0. questions ~44k. people reached. Austin, TX. hdm.io. Member for 6 years, 2 months. 78 profile views . Last seen Feb 6 '17 at 15:23. Communities (4) Information Security 407 407 3 3 silver badges 4 4 bronze badges; Stack Overflow 101 101 1 1 bronze badge; Super User 101 101; Area 51 101 101; Top network ... Jon Moore Bitcoin GIF SD GIF HD GIF MP4 SD GIF HD GIF MP4. CAPTION bitcoin-${VERSION}-arm-linux-gnueabihf.tar.gz: Linux binaries for the most common 32-bit ARM architecture. ... Backups of HD wallets, regardless of when they have been created, can therefore be used to re-generate all possible private keys, even the ones which haven’t already been generated during the time of the backup. Attention: Encrypting the wallet will create a new seed which requires ...

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Bitcoin Abundance 2014 FULL MOVIE *HD* - YouTube

Auf YouTube findest du großartige Videos und erstklassige Musik. Außerdem kannst du eigene Inhalte hochladen und mit Freunden oder mit der ganzen Welt teilen. Nesara and Bitcoin: Importance of Money, Currency and Value How is currency derived? How does Bitcoin relate to the NESARA reset? We’re going to discuss good... - Augusto, tem algum curso para aprender mais? Curso Mestres do Bitcoin PROMOÇÃO 40% de Desconto: http://bit.ly/2vaGWbA - Augusto, qual corretora você compra... Ein Fehler ist aufgetreten. Schau dir dieses Video auf www.youtube.com an oder aktiviere JavaScript, falls es in deinem Browser deaktiviert sein sollte. Scott Moore Memorial Tribute. Scott Moore Memorial Tribute. Skip navigation Sign in. Search. Loading... Close. This video is unavailable. Watch Queue Queue. Watch Queue Queue. Remove all ...

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