Satoshi Bitcoin Reddit Litecoin Pools Signaling Segwit

Does that mean the testnet is the 'true' bitcoin? New merchants are welcome to announce their services for Bitcoin, but after those have been announced they are no longer news and should not be re-posted. Now you can go over to the LN and do all your txs. As of now, Maybe someone doesn't like what some core dev said. Contribute and learn more here litecoin. Related communities Sorted roughly by decreasing popularity. Many users get scared because of tx delays and go away what did they move to? Do you really want this, miners to become irrelevant?! That is the thing with all of these coins. All they need to do is set up the LN servers. It was suppose to be a set of training wheels to prevent an attack while bitcoin was in it's infancy. No need to implement any of this here on bitcoin mainnet. Miners want what's most profitable for. We therefore propose we need a new scaling solution that does not ultimately lead to this situation occurring. Math says that bigger blocks will lead to the degradation of How Is It Possible To Have Under One Bitcoin Can I Make Money Mining Litecoin main point of differentiation: Someone should stand for Bitcoin or we are all done. A branch with 2 blocks at difficulty weights more than a branch with 10 blocks with difficulty The node may Cryptocurrency Market Watch Live Ethereum Byzantium Fork Twitter anything but it has no value. I Proof Of Correctness Cryptocurrency How To Get Best Value For Trading Crypto Coin it how you guys never just Quote the HK agreement. A "free market for block size" might sound nice, but when you look into it it's a catastrophe. Segwit does not solve the scaling issue right now, it relies on later changes which might not work and so we will have to hardfork to bigger blocks. Also PoW change should not be used as an instrument to coerce miners. I am lucky I bought 2 days before pump as I sow there is some buy preasure.

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Because of that I think Btc Mining Rig Free Btc Cloud Mining see the tests with litecoin as more valuable, since attackers have an financial incentive to find vulnerabilities and problems. Core has nothing to do with the policies of moderators. It's just not productive to keep rehashing it over and. I'm not trying to pump it and not recommending you buy any, it is very speculative and I may very well regret it. It's 2 weeks that must coincide with a Segwit activation period. This message was created by a bot. This means that a block that's twice as big, might take 4 times as Bitcoin Vs Litecoin Vs Dogecoin Creating Cryptocurrency Exchange to process. So I'm relatively new to crypto. It seems like a few things spooked the devs and is making them more cautious. It sounded interesting. Now its actually the most resource wasting mined coins. You'd prefer Bitcoin to be replaced by a shallow copy that hasn't had any innovation for years? Well, Adam Back says he basically invented Bitcoin Satoshi just added inflation control, that's all and Litecoin is just a fork of Bitcoin We might Ins Cryptocurrency Currency For Games be developers, but the nature of Bitcoin is that user opinion is important, so it must be possible to become objectively informed. But they would still be localized and isolated - hence not catastrophic. Click here to visit our Twitter. It would be quite cheap to install thousands of virtual machines signalling something that real users might not be interested in. Submit link NOT about price. Don't criticize them for not understanding the situation. POSSIBLY MOOT; many have good enough internet speeds to keep up, signalling doesn't actually mean that much Node counts are actually very important, since there's only a limited number of connections each node can handle. Can be unadvised people buying hashrate on Ltc through these pools because of the valuation. Really excited to see it in action in a real crypto-economy. This will happen when the actual value proposition of "Segwit added to Litecoin" is realized by the market to be close to zero. Is there any argument against this sentiment? And now you would say this is some conspiracy?! Not only are they stagnating bitcoin with their bullshit politics and greed, but now they're ruining the potential of a coin that quite honestly doesn't have much else going for it. Thank you, I will add that into the OP so the numbers are known. It's funny how it's near identical code is what makes litecoin so relevant today. And slowly rise until then. How do other miners, running "valid" software, see and handle those 50 BTC blocks? For example, submissions like "Buying BTC" or "Selling my computer for bitcoins" do not belong here.

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To bribe, to corrupt people, to "print" more money they don't even print money anymore. Would you clarify your last sentence, it doesn't make sense. You checked first before purchasing the wrong miner to mine scrypt coins. Well yes, I just posted a link to proof of a poll getting brigaded by this community. Doxing or posts that resemble doxing will result in the post being removed and the user banned permanently. Log in or sign up in seconds. Segwit enables further upgrades, which will work, which offer insane scaling benefits for both on chain and offchain. Cg miner no longer supports scrypt: On the other hand, if people really want to wait long for segwit then I guess that's okay. Thinking about investing some play money in it too, sad to say after being a bitcoin Maximalist for all those years I meant the intent of using scrypt in litecoin Can't be proven without try. I see the biggest risk here as an unexpected or unquantifiable change to the economic incentives. Are you able to elaborate in a more "development dumb" way, I could add it to the original post so it becomes more accurate. Several days went by, but Gox still hadn't credited my wire transfer. I am so gd sick of Jihan Wu. But when the network is back closer to 3k, take a look Satoshi Bitcoin Reddit Litecoin Pools Signaling Segwit the percentages. There are, to my knowledge, no proposed solutions to fix the quadratic hashing issue for legacy transactions. I'm sure my massive 4. Kindly refrain from insulting me further, as I mentioned, I'm trying to do a positive thing. I see the biggest risk here as an unexpected or unquantifiable change to the economic incentives. So it starts Buy South African Bitcoin Ethereum Wallet Setup become the same problem with POS, arguably POW is better here because those influencing control over the network need both wealth Expanse Bitcoin Talk Ethereum Mining 19 Mh S lots of hardware and staff to maintain it, rather than just their wealth. How can you know? Then use that to your advantage. LiteCoin segwit signaling adoption is even more ridicule than on Bitcoin not an easy task: And something can have value even without a fixed supply, esp if the inflation rate is known and predictable. Constant posting about litecoin in the other subreddit makes me think they're more or less an altcoin community. Effectively it has a transaction capacity of 4 MB of data within 10 min where as with Bitcoin it is 1 MB per 10 min. Not Mining Cryptocurrency Company Startups Bot Crypto Trading Gdax are they stagnating bitcoin with their bullshit politics and greed, but now they're ruining the potential of a coin that quite honestly doesn't have much else going for it. Are you so sure that none of them would take advantage of a contentious hard fork and use that moment of weakness to attack? While Bitcoin is the original, Litecoin is like testing out the new stuff, Bitcoin launches it later for broader use which I think is a nice pattern. When Segwit was released I initially Ripple Bitcoin Talk How To Invest In Bitcoin Ethereum Youtube it would activate quickly. Submit link NOT about price. I thought we weren't supposed to post about alt coins on here Simply look at how difficult is to use the bitcoin network.

Become a Redditor and subscribe to one of thousands of communities. I'm not up the ass of small blockers. After the first ad, providers are welcome to use reddit's advertising platform to continue to promote the service. Come join the revolution little chicklets, and let the power of the Chickun activate segwit: I would like it to be active on LTC. Nodes ensure blocks are valid and miners dont cheat. I'm deeply appreciative towards him Bitcoin Volume Bots Ethereum Classic Trends creating something nobody else was able to. I'll call out bullshit such as "even a 0. Blockstream is simply trying to gain control over Bitcoin, while keeping the trademark 'Bitcoin'. That Is Mining Bitcoin Gold Profitable Ltc Mining Contract a great show to watch. Aside from new merchant announcements, those interested in advertising to our audience should consider Reddit's self-serve advertising. I see you did a lot of trolling today. So this creates a situation where blocks getting too big means you just have to trust people that the rules are being followed, that your Best Ios App For Cryptocurrency Alerts Should You Invest In Cryptocurrency are valid, and that they will relay your transactions. Nothing needs to be changed on that basis. No referral links in submissions. There were some tech problems with this MinTip tx which are getting fixed now, hope it'll get processed later. So it isn't people upgrading to support an attack, it's actually people who didn't upgrade who will be supporting the attack. F2Pool needs a few weeks to upgrade their software as do a few others. I would like it to be active on LTC first. They have almost unfathomable amounts of fiat currency and they use that for all things. It also allows payment channels which would mean trustless, nearly free and nearly instant transactions although that's complicated and will still take some time although the groundwork has already been laid, and it practically requires segwit. Do not post your Bitcoin address unless someone explicitly asks you to. It sounded interesting enough. I don't think you understand the concept of this post, it is collating all the main arguments from both sides and letting those with more information refute points, where required, with valid rebuttals that can be independently corroborated. With Bitcoin, you can be your own bank. It was a totally impartial review. That said it'll be far harder to get Segwit on Bitcoin than on Litecoin. What's more important is looking at the technical merits of a suggestion, not who suggested it. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Funny thing is, they were afraid the market would dump litecoin if segwit activated. Keep up to date with the Official Blog. We previously collected donations to fund Bitcoin advertising efforts, but we no longer accept donations. And if that is the case, then in 10 years we will get segwit. I see this slippery-slope argument a lot on this forum. SegWit had an in-person code review where developers from around the world flew to spend days to review and check everything. If you do end up buying from them definitely put the miner on here or a segwit supporting pool. And very likely almost all scrypt rigs mining litecoin that are available to rent are already on a signaling pool. Yes, the one you talked about where miners increase the monetary supply.