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by cypherdoc
Tue Jun 28, 2016 1:38 pm
Forum: Pools
Topic: A Bitcoin.com mining pool?
Replies: 120
Views: 142118

Re: A Bitcoin.com mining pool?

Great idea
by cypherdoc
Mon Jun 27, 2016 6:44 pm
Forum: Bitcoin Discussion
Topic: Why Bitcoin block space is like Starbucks coffee.
Replies: 28
Views: 15218

Re: Why Bitcoin block space is like Starbucks coffee.

if LN gets successfully forced onto Bitcoin, LN hubs will be run by well capitalized, for profit "routing providers" who will take a fee cut and also enforce KYC/AML. if there's any doubt about this, look at the 21co model where their micropayment service routed thru 21co servers is currently ...
by cypherdoc
Mon Jun 27, 2016 6:15 pm
Forum: Bitcoin Discussion
Topic: Why Bitcoin block space is like Starbucks coffee.
Replies: 28
Views: 15218

Re: Why Bitcoin block space is like Starbucks coffee.

actually, i don't even think kore dev hides it anymore. they admit that for the incentives to code up offchain solns like LN, they need high tx fees forced by the cap, to incentivize them to spend the time to work on these "solutions". that's a round about way for them to say they need to "force" tx ...
by cypherdoc
Mon Jun 27, 2016 6:05 pm
Forum: Bitcoin Discussion
Topic: Why Bitcoin block space is like Starbucks coffee.
Replies: 28
Views: 15218

Re: Why Bitcoin block space is like Starbucks coffee.

thank you Roger for this. very well written and articulated.
by cypherdoc
Thu Jun 23, 2016 3:11 pm
Forum: Bitcoin Discussion
Topic: Changing the economic incentives of Bitcoin can be just as dangerous as changing the underlying code of Bitcoin.
Replies: 14
Views: 5573

Re: Changing the economic incentives of Bitcoin can be just as dangerous as changing the underlying code of Bitcoin.

Which is exactly what SW does by imposing a centrally mandated 75% discount for SW outputs as opposed to regular tx's. This economically incentivizes use of the LN. Oh surprise!

Another big concern today is who from the community ever gets to express their ideals to kore dev anymore? They're ...
by cypherdoc
Sun Jun 05, 2016 4:22 pm
Forum: Bitcoin Discussion
Topic: Hoarding Bitcoin is a Good Thing
Replies: 61
Views: 21405

Re: Hoarding Bitcoin is a Good Thing

i agree
by cypherdoc
Sat Apr 30, 2016 6:43 pm
Forum: Bitcoin Discussion
Topic: Increasing the fee does not magically increase capacity. More capacity is needed, not fees.
Replies: 5
Views: 2982

Re: Increasing the fee does not magically increase capacity. More capacity is needed, not fees.

very obvious to me.

but 1MB seems to be a Magic Number that has been adopted by a small group of core devs as a Holy Grail. while they criticize Satoshi overall, they fail to admit he must have been a god on this matter.
by cypherdoc
Mon Nov 30, 2015 6:16 pm
Forum: AMA - Ask Me Anything
Topic: I'm Nejc Kodrič, co-founder and CEO of Bitstamp. Ask me anything!
Replies: 35
Views: 89206

Re: I'm Nejc Kodrič, co-founder and CEO of Bitstamp. Ask me anything!


What are your thoughts on the whole bitcoin scaling debate?
We support BIP 101.

Will bitstamp follow most of the rest of the industry and switch to BIP 101 this December?
Yes.
this is the correct decision. congratulations.

you will be rewarded by the economic majority.
by cypherdoc
Tue Nov 24, 2015 5:57 pm
Forum: AMA - Ask Me Anything
Topic: I'm Alena Vranova, business developer, Co-founder of SatoshiLabs, the creator of TREZOR hardware wallet. AMA - 24th Nov!
Replies: 31
Views: 21551

Re: I'm Alena Vranova, business developer, Co-founder of SatoshiLabs, the creator of TREZOR hardware wallet. AMA - 24th

Hi fellowtraveler, thanks for great questions. My team is a big fan of your work too and I should have some good news for you :)



1. What are your plans for HD wallets and multisig? Does/will Trezor support those?

Trezor is an HD wallet and multisig too. Today, Copay has released a nice Trezor ...
by cypherdoc
Fri Nov 13, 2015 1:03 am
Forum: AMA - Ask Me Anything
Topic: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!
Replies: 57
Views: 99417

Re: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!

We've been talking to other companies, miners and core developers about it. I also went to the Scaling Bitcoin conference in Montreal (which I thought was one of the best Bitcoin conferences I'd ever attended). We had hoped that a consensus would be reached among core developers and we would follow ...
by cypherdoc
Thu Nov 12, 2015 6:09 pm
Forum: AMA - Ask Me Anything
Topic: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!
Replies: 57
Views: 99417

Re: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!

do you remember that podcast you did about 4yrs ago with that kid with the high pitched girly voice when we were deep in a bear mkt with price in the low single digits?

i'll never forget emailing you and Tony to keep your chins up as it was kinda a depressing interview. you both responded ...
by cypherdoc
Thu Nov 12, 2015 6:00 pm
Forum: AMA - Ask Me Anything
Topic: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!
Replies: 57
Views: 99417

Re: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!

why is it that Tony's role in the company seems to be deprecated compared to what it was? what is his current role?
by cypherdoc
Thu Nov 12, 2015 5:56 pm
Forum: AMA - Ask Me Anything
Topic: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!
Replies: 57
Views: 99417

Re: I’m Stephen Pair, Co-Founder & CEO of BitPay, Ask me anything!

Hi Stephen,

thx for doing this.

what do you think of what sounds like Coinbase's commitment to proceed with 101 come December?
by cypherdoc
Sat Nov 07, 2015 12:04 am
Forum: AMA - Ask Me Anything
Topic: I'm Marshall Long aka 挖矿王子 - Partner & CTO of FinalHash, LLC and a True Bitcoin OG
Replies: 47
Views: 21459

Re: I'm Marshall Long aka 挖矿王子 - Partner & CTO of FinalHash, LLC and a True Bitcoin OG

Marshall,

regarding your Chinese mine, how do you view the Relay Network, which as i understand it exists mostly outside of China (i know there's been talk of putting a node within China but the way you talk it doesn't sound like it's up yet)? does it make miners outside of China more competitive ...
by cypherdoc
Fri Nov 06, 2015 6:38 pm
Forum: AMA - Ask Me Anything
Topic: I'm Marshall Long aka 挖矿王子 - Partner & CTO of FinalHash, LLC and a True Bitcoin OG
Replies: 47
Views: 21459

Re: I'm Marshall Long aka 挖矿王子 - Partner & CTO of FinalHash, LLC and a True Bitcoin OG

given miner's need to transition to tx fee income as block rewards subside, how do you plan to compete with LN siphoning tx fees offchain?

do you think merge mining of sidechains is a viable exercise given how OneName had to abandon Namecoin b/c of the 60% hashing share of f2pool?

how practical ...
by cypherdoc
Fri Nov 06, 2015 6:08 pm
Forum: AMA - Ask Me Anything
Topic: I'm Jeff Garzik, Bloq co-founder and bitcoin hacker
Replies: 44
Views: 31950

Re: I'm Jeff Garzik, Bloq co-founder and bitcoin hacker

Is BIP100 still under consideration?
BIP 100 will be presented at Scaling Bitcoin in Hong Kong on December 6/7...

...however it seems unlikely to be adopted.

Jeff, why don't you join forces with XT, a currently working implementation?
by cypherdoc
Fri Nov 06, 2015 5:40 pm
Forum: AMA - Ask Me Anything
Topic: I'm Marshall Long aka 挖矿王子 - Partner & CTO of FinalHash, LLC and a True Bitcoin OG
Replies: 47
Views: 21459

Re: I'm Marshall Long aka 挖矿王子 - Partner & CTO of FinalHash, LLC and a True Bitcoin OG

given miner's need to transition to tx fee income as block rewards subside, how do you plan to compete with LN siphoning tx fees offchain?

do you think merge mining of sidechains is a viable exercise given how OneName had to abandon Namecoin b/c of the 60% hashing share of f2pool?

how practical is ...
by cypherdoc
Thu Nov 05, 2015 4:41 pm
Forum: AMA - Ask Me Anything
Topic: I'm Bruce Fenton, Bitcoin Loving Techo-Econ Geek AMA!
Replies: 48
Views: 22532

Re: I'm Bruce Fenton, Bitcoin Loving Techo-Econ Geek AMA!

hi Bruce,

what's your opinion of Blockstream composing 9 of the core devs? is there a financial COI?

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