<center><h1> The War has Begun </h1> <h2> Overview </h2></center> As many of you may have heard, the contentious Bitcoin community has gone from tweet wars to fork wars. Bitcoin Unlimited is seeking the support of full nodes to force a transition to larger transaction blocks. They hope this will be the solution to the scaling issue that has forced so many transactions to stall. Now the big exchanges are making their decision on whether or not to accept BTU. Essentially, <center>https://media.giphy.com/media/3o72F1tCu4fOqwMUk8/giphy.gif <h2> Have Your Voice Heard </h2></center> A few weeks ago I had the pleasure of attending the MIT Bitcoin Expo. At the Expo, one of the speakers discussed the importance of running full nodes. For those of you who are not up to date on blockchain terminology, a node is any device that accesses/interacts with the bitcoin network. Most wallets use lightweight SPV nodes. These nodes do not mine or confirm transactions. They are simply used by the average person who wants to transact bitcoins. Then there are full nodes. Full nodes have a full copy of the blockchain and allow the miner/owner of the node to confirm/verify transactions. Thus, these people have voting rights over whether or not a block is allowed into the blockchain. Certain blocks may have different rules than others, i.e. have a larger block size (blockchain unlimited). Therefore if the node owner disagrees with the rules of the block, they can choose not to accept it. So essentially, having a node allows one to vote on whether or not to change blockchain rules. In a time of great conflict in the Bitcoin community, running a full node is of utmost importance. In the words of President Obama, <center>https://media1.giphy.com/media/l41YkEYrcqrPOpuIE/giphy.gif</center> So as we move forward and the Bitcoin Unlimited crowd competes with the Bitcoin Core crowd, the future of Bitcoin remains uncertain. Will we experience an Ethereum-esque situation with two coins on the same chain? Or will the community come to consensus (pun intended) under stress? Comment with your thoughts below!
| author | robertdurst10 |
|---|---|
| permlink | bitcoin-core-v-bitcoin-unlimited-my-take-run-a-full-node |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin","cryptocurrency","blockchain"],"image":["https://media.giphy.com/media/3o72F1tCu4fOqwMUk8/giphy.gif","https://media1.giphy.com/media/l41YkEYrcqrPOpuIE/giphy.gif"],"app":"steemit/0.1","format":"markdown"} |
| created | 2017-03-18 18:14:03 |
| last_update | 2017-03-18 18:14:03 |
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| kushed | 0 | 421,864,381,508 | 10% | ||
| ihashfury | 0 | 13,690,476,264 | 20.7% | ||
| rossco99 | 0 | 264,000,756,756 | 30% | ||
| jaewoocho | 0 | 655,441,300,780 | 10% | ||
| xeroc | 0 | 646,795,891,918 | 30% | ||
| steem-id | 0 | 71,303,134,890 | 30% | ||
| clayop | 0 | 34,263,144,238 | 10% | ||
| lovejoy | 0 | 59,797,820,102 | 30% | ||
| pairmike | 0 | 18,739,137,069 | 30% | ||
| pheonike | 0 | 37,128,796,910 | 20% | ||
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| abcd | 0 | 0 | 75% | ||
| donkeypong | 0 | 2,321,140,772,931 | 75% | ||
| hcf27 | 0 | 93,206,087 | 100% | ||
| konelectric | 0 | 510,542,064 | 1% | ||
| escrow | 0 | 394,068,415 | 75% | ||
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| acidsun | 0 | 14,977,166,413 | 50% | ||
| forrestwillie | 0 | 548,194,570 | 1% | ||
| kevinwong | 0 | 101,050,200,336 | 10% | ||
| blakemiles84 | 0 | 57,447,661,123 | 30% | ||
| theshell | 0 | 19,926,447,598 | 30% | ||
| ratel | 0 | 8,102,974,589 | 30% | ||
| andrei | 0 | 242,334,999 | 1% | ||
| pseudonymous | 0 | 158,591,236 | 100% | ||
| schro | 0 | 16,198,175,934 | 30% | ||
| michaelx | 0 | 13,044,050,239 | 30% | ||
| anwenbaumeister | 0 | 947,843,770,946 | 100% | ||
| albertogm | 0 | 9,815,477,045 | 30% | ||
| tyler-fletcher | 0 | 6,213,054,602 | 100% | ||
| fyrstikken | 0 | 52,701,738,831 | 0.75% | ||
| clement | 0 | 125,779,519 | 100% | ||
| isteemit | 0 | 57,370,205,883 | 100% | ||
| skapaneas | 0 | 31,387,488,948 | 100% | ||
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| good-karma | 0 | 77,075,804,540 | 23% | ||
| roelandp | 0 | 460,704,363,234 | 30% | ||
| nerdlab | 0 | 1,355,016,628 | 100% | ||
| lehard | 0 | 349,139,818 | 100% | ||
| on0tole | 0 | 20,334,379,095 | 100% | ||
| anasya | 0 | 24,126,584,594 | 100% | ||
| vl248 | 0 | 13,174,104,036 | 100% | ||
| sveokla | 0 | 8,895,143,888 | 100% | ||
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| anmuravjev | 0 | 83,370,388 | 100% | ||
| jamesjarman | 0 | 1,706,205,567 | 1% | ||
| juvyjabian | 0 | 788,110,570 | 1% | ||
| raymondspeaks | 0 | 14,910,295,735 | 100% | ||
| kell234 | 0 | 3,607,950,523 | 100% | ||
| karenmckersie | 0 | 2,214,597,895 | 1% | ||
| hyiparena | 0 | 8,234,358,827 | 100% | ||
| rouketas | 0 | 58,837,720 | 100% | ||
| cryptojoy.com | 0 | 461,659,376 | 100% | ||
| konti | 0 | 9,837,090,900 | 100% | ||
| phenom | 0 | 9,003,868,747 | 30% | ||
| ubg | 0 | 589,131,034 | 3% | ||
| bitcoiner | 0 | 58,877,929,887 | 100% | ||
| sharker | 0 | 17,852,120,173 | 100% | ||
| zaebars | 0 | 102,403,431,960 | 100% | ||
| mondeja | 0 | 7,161,294,662 | 100% | ||
| mysteem | 0 | 634,903,380 | 23% | ||
| crypto.owl | 0 | 10,780,962,906 | 100% | ||
| nelu.ceban | 0 | 2,973,423,041 | 100% | ||
| bkkshadow | 0 | 40,829,092,345 | 70% | ||
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| mindhunter | 0 | 1,404,870,089 | 1% | ||
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| patelincho | 0 | 238,657,861 | 1% | ||
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| burnin | 0 | 15,138,205,084 | 100% | ||
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| curie | 0 | 525,322,409,159 | 100% | ||
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| viktorcapulet | 0 | 157,444,082 | 100% | ||
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| marel | 0 | 2,454,900,389 | 100% | ||
| steemlift | 0 | 5,257,888,640 | 100% | ||
| galveston | 0 | 2,024,673,067 | 100% | ||
| oshima | 0 | 70,919,211 | 10% | ||
| alcibiades | 0 | 33,564,875,824 | 100% | ||
| stray | 0 | 452,588,959 | 1% | ||
| sherry-dow | 0 | 142,806,210 | 100% | ||
| ianboil | 0 | 4,540,227,186 | 100% | ||
| max-max | 0 | 5,747,699,351 | 100% | ||
| judasp | 0 | 37,557,277,482 | 100% | ||
| sstefan | 0 | 9,776,951,643 | 50% | ||
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| maxse | 0 | 3,765,738,929 | 100% | ||
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| teofilex11 | 0 | 12,526,326,177 | 100% | ||
| esteemapp | 0 | 83,732,078 | 23% | ||
| steemspoker | 0 | 2,376,596,549 | 30% | ||
| chiliec | 0 | 16,086,517,147 | 100% | ||
| reisman | 0 | 487,039,306 | 23% | ||
| sellergenius | 0 | 2,343,910,187 | 100% | ||
| seablue | 0 | 1,679,511,184 | 1% | ||
| beeskee | 0 | 10,436,200,337 | 100% | ||
| gildar | 0 | 3,263,244,889 | 100% | ||
| killuminatic | 0 | 505,820,561 | 100% | ||
| kyra-kristian | 0 | 88,643,614 | 100% | ||
| tamersameeh | 0 | 460,119,276 | 100% | ||
| stmdxrafi | 0 | 122,876,781 | 100% | ||
| steemnews24 | 0 | 84,611,237 | 100% | ||
| roma-nt | 0 | 182,374,669 | 23% | ||
| alohaoy | 0 | 2,181,052,583 | 100% | ||
| cheah | 0 | 13,299,813,509 | 100% | ||
| kostaslou | 0 | 2,002,549,748 | 100% | ||
| zkalemiss | 0 | 1,347,264,062 | 100% | ||
| riskdebonair | 0 | 995,677,907 | 1% | ||
| fbechstein | 0 | 5,132,406,796 | 100% | ||
| bounties | 0 | 155,121,336 | 23% | ||
| steempoll | 0 | 117,069,669 | 23% | ||
| blockained | 0 | 288,067,849 | 100% | ||
| blockchained | 0 | 10,635,329,732 | 100% | ||
| marco.world | 0 | 288,058,162 | 100% | ||
| ogochukwu | 0 | 5,540,708,821 | 100% | ||
| toyblackhat | 0 | 338,158,533 | 30% | ||
| tonylondon | 0 | 901,747,912 | 100% | ||
| vrezh | 0 | 186,974,584 | 100% | ||
| climatechange | 0 | 153,112,142 | 100% | ||
| dunia | 0 | 700,220,203,913 | 100% | ||
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@tommycordero While I don't know much about Segwit, I have heard the argument that bigger blocks is just a slippery slope that will lead to blocks so big they will limit those who can run a full node. Thus you are left with an undemocratic system where only certain individuals can run nodes in times of change such as right now.
| author | robertdurst10 |
|---|---|
| permlink | re-robertdurst10-bitcoin-core-v-bitcoin-unlimited-my-take-run-a-full-node-2017318t15227478z |
| category | bitcoin |
| json_metadata | {"tags":"bitcoin","app":"esteem/1.4.0","format":"markdown+html"} |
| created | 2017-03-18 19:02:33 |
| last_update | 2017-03-18 19:05:15 |
| depth | 1 |
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| root_title | "Bitcoin Core v Bitcoin Unlimited - My Take (Run a Full Node!!!!)" |
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| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| tommycordero | 0 | 7,257,467,360 | 100% |
BTC is forking. The real question is whether I will get an explanation as to why segwit is better than making the blocks bigger other than people telling me the Bitcoin Core team is smarter than those involved with Bitcoin Unlimited...that seems to be the only talking point so far.
| author | tommycordero |
|---|---|
| permlink | re-robertdurst10-bitcoin-core-v-bitcoin-unlimited-my-take-run-a-full-node-20170318t185127444z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-03-18 18:51:54 |
| last_update | 2017-03-18 18:51:54 |
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| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| norwegianviking | 0 | 9,482,913,183 | 30% | ||
| ancap47 | 0 | 16,381,764,831 | 100% | ||
| robertdurst10 | 0 | 1,541,459,363 | 100% | ||
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I always hear its because they have more devs. Which is interesting, because I've worked freelance and at a Fortune 300 and I know there is a bell curve when it comes to the size of a dev team. Huge dev teams can and do emit piles of shit. I don't trust Core, but I'm starting to not trust Roger either. It feels like the banksters are controlling both sides.
| author | ancap47 |
|---|---|
| permlink | re-tommycordero-re-robertdurst10-bitcoin-core-v-bitcoin-unlimited-my-take-run-a-full-node-20170319t163601225z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"app":"steemit/0.1"} |
| created | 2017-03-19 16:36:00 |
| last_update | 2017-03-19 16:36:00 |
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| root_title | "Bitcoin Core v Bitcoin Unlimited - My Take (Run a Full Node!!!!)" |
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|---|---|---|---|---|---|
| etk44 | 0 | 364,260,931 | 100% |
[Anything that can be infiltrated already is.](https://steemit.com/sabotage/@tommycordero/the-video-all-the-shills-are-lining-up-to-criticize) What I know is those that are better with the code should make more effort to break it down to the rest of us. I too heard the excuse of being better because they have a bigger team, thought it was ridiculous.
| author | tommycordero |
|---|---|
| permlink | re-ancap47-re-tommycordero-re-robertdurst10-bitcoin-core-v-bitcoin-unlimited-my-take-run-a-full-node-20170319t164623450z |
| category | bitcoin |
| json_metadata | {"tags":["bitcoin"],"links":["https://steemit.com/sabotage/@tommycordero/the-video-all-the-shills-are-lining-up-to-criticize"],"app":"steemit/0.1"} |
| created | 2017-03-19 16:46:24 |
| last_update | 2017-03-19 16:46:24 |
| depth | 3 |
| children | 0 |
| last_payout | 2017-04-18 22:44:03 |
| cashout_time | 1969-12-31 23:59:59 |
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| author_reputation | 22,062,117,674,135 |
| root_title | "Bitcoin Core v Bitcoin Unlimited - My Take (Run a Full Node!!!!)" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 2,770,046 |
| net_rshares | 0 |
hiveblocks