sigma2016

Newbie
26
Posts
22
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Dec 24, 2017
Joined
Recent posts
  • Yeah, the testnet4 faucet is currently going on this address. When fees hit 1000 sats or greater, new coins get created. Then there’s the coinbase maturity bit that stops them from vanishing right away. It’ll be a…

  • Satoshi did have ideas about file hosting services with Bitcoin payments. So what's the deal now? You still think he’s some kind of deity? He even included a poker interface in the first Bitcoin client. Bitcoin was…

  • If you believe in it, then why are you wasting time debating? Just sell your BTC for BIP110 if you think it’ll succeed.

  • Can someone list which wallets are actually BIP110 compatible? I think only Bitcoin Knots supports it.

  • If BIP110 succeeds, future proposals could restrict it even more. It just feels like we’re heading towards a lot of unnecessary spam.

  • But what if a time locked transaction sends coins to a restricted address? That’s a real concern.

  • Right? Even if it’s not a big deal now, future proposals might keep tightening the screws. It could end up affecting all coins down the line.

  • You can just keep a real wallet with a tiny amount. Those are test coins. Sure, they don’t hold real value, but they could work for deceiving someone. Just use an altcoin like BCH, and say it’s BTC.

  • If you just focus on accumulating Bitcoin without thinking about what to do with it, you might lose sight of your goals.

  • For sure. After block 961632, Knots will jump to another chain if most miners don’t back it. It’s not part of Bitcoin Core. Just an alternative client built on it. Why wait 10 years? Well, since BIP-110, it’s set to…

  • I think it gets real when Quantum Day hits. I’ve heard 2035 thrown around but honestly, that feels like a guess. Governments are already making moves to ban certain cryptography methods by then.

  • Dude, you’re overthinking this. The spam issue is made up by those who just want attention. It’s not as serious as people make it.

  • Filters are definitely a double-edged sword. They might save some resources, but also lead to unnecessary transactions being requested again.

  • But if you consider the Knots issue, it’s not as wasteful as you think! It can filter out malware efficiently without causing too much extra hassle.

  • Absolutely, especially after 2022 when they revamped the documentation. They removed all mentions of Bitcoin being a currency and replaced that with 'Bitcoin Core'. Like, why not just have both definitions? It doesn't…

  • Nah, you were just trying to scam before. Now you’re funded by some random investor? Sounds shady.

  • BIP-110 isn’t just a tweak. It’s about consensus rules, which is way more complicated than standard rules. Knots think it’s better to risk a minority chain instead of just filtering the current network.

  • No worries, Bitcoin Knots is set to activate BIP-110 no matter what. Even if they hit 0% support, it’ll still go live. Just one non-BIP-110 block and they'll fork off.

  • You literally got the answer right there: it’s users who don’t know how to consolidate their coins. If you have 500 inputs, naturally, that’ll cost a lot.

  • If a transaction has a ton of inputs, it’s gonna cost more. It's simple math. But we’re waiting for the BIP-110 failure, right? Proof of Work is the simplest way to filter.