Viewing profile — nivexous

There are folks in crypto who both consider most of the industry to be a scam while at the same time are working to fix it because there's something good here. We get hated on by a…

Users forced miners to activate Segwit in 2017 Honestly, you don't know this. Users != nodes. A single individual could have spun up tons of nodes to vote for Segwit. Given the sta…

They recently rewrote Bitcoin history due to government action. This never happened. You are spreading lies.

Even granting that, it's still not user nodes that matter. We've seen from history (BCH/BSV/BCHA) that applications and exchanges decide which fork gets the ticker.

So many reputations and projects in blockchain rest on this flawed idea that users need to run nodes. Users do nothing to extend the chain! If a group of miners wants to change the…

No. In this design users don't trust miners. Users trust Bitcoin . This is important. Banks can censor. Banks can go down. Banks can be forced to confiscate your money by a single …

Almost all IP traffic goes through an Internet backbone router which can process 100Gbps+. It's no problem. I suggest people think of Bitcoin miners like this in the future. These …

The reason UTXOs parallelize better is because when you look at a transaction on a UTXO-based blockchain like Bitcoin, you can deterministically and often immediately know from it …

It's worse. How do people think this will work? You will keep your money in institutions. Transfers will be settled in databases. There will be management fees, insurance requireme…

By that argument, we should have capped Internet bandwidth at 56kbps.

There's no problem - the word farm is being used differently in different contexts. In the quote you posted, farm is in reference to hashpower. You can have many smaller miners (zo…

Mike Hearn, Gavin Andreson, Roger Ver, and countless names I interact with on a regular basis support big blocks and were involved since the beginning. Folks, this what BTC does. E…

"Non-authoritative" ... this is why BTC people just suck to talk to. Everyone DYOR. It is indisputable that Satoshi wanted big blocks. Here are a couple quotes: The existing Visa c…

Bitcoin.com has the Satoshi Archive ( https://www.bitcoin.com/satoshi-archive/ ) with all his emails and forum posts. Satoshi wanted big blocks, and so BTC largely ignores him or s…

If I send you a stolen iPod in the mail, do I forever taint your home address? Are you forced to accept it? No, of course not. You can return it to the police, throw it out, or ret…

CGI scripts sound like a very simple idea when described here, but I avoided learning about them at the time because the name was so arcane. Is there a good reason why these weren’…

I guess that's true if you think good == popular, but I don't.

I'm reminded of a question Peter Thiel asks founders: What is one thing you believe that nearly everybody else disagrees with you on? Having a good answer means you might be onto s…

The new syntax for #private vars is truly terrible and the arguments for it are not compelling enough - some flavor of soft private would be OK. Please, if anyone from TC39 is read…

In Bitcoin SV, there is a saying "devs gotta dev" to refer to the mass of crypto developers that add unnecessary complexity to their coins to solve minor or even nonexistant proble…

Network effects are too powerful. If they’re smart, they’ll make small changes over a long time, only ever upsetting a minority at once, and so the users stay. That’s Facebook to m…

A buyer requires a seller. Who's to say they would?

> You could do a hard-fork and slash their stake. In PoW, you can't do this. So ... theft?

You're making a different point. Yeah miners can get screwed in a PoW change, but the chain's fundamental properties are not at risk. Users have assets on both chains in a fork and…