Bitcoin is supposedly a decentralised permissionless network - sha256 does not fit that description, blake2b aims to fulfill that promise
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You have no idea how exchanges work, their structures and where liquidity comes from. Why do you even bother giving us advice? Go play with your overlords.
You somehow just randomly find yourself around them all the time.
Fair conversation. I can see the value of Blake coin. Just not sure abouts its real survival potential. It will need quite a miracle.
I think I agree. Here's what the hashers did though. Core increased the op_return. Clearly not good for Bitcoin. Hashers implemented it. Thats a work of a fairly small network of individuals. Thousand of nodes then request to roll it back + minimise the non financial data. Hashers deny that. So if the changes in consensus are dependent on centralised miners permission then Bitcoin is not really permissionless or decentralised. And if the hashsers are happy to have high op_return which is causing problems for nodes, the nodes have the right to find new hashers which align with the wishes of these nodes. And that's what is happening.
The whole idea of Bitcoin is ideologically motivated. So if the miners pretend its all about fees for them then they are simply lying. Bitcoin has attracted some of the smartest and most clued up people on the planet. Any claims they may make of not understanding the ideological motives are just a fascade at best.
How can you say miners had no incentive to signal bip 110 😂. The incentives were very clear. Mine for a decentralised Bitcoin chain with reduced attack vectors to support the sound money project or mine for a state chain that can do whatever it wants with it thanks to controllable 3rd parties influence Bitcoin was meant to eliminate. Miners don't want Bitcoin without controllable 3rd parties so they chose latter.
Obviously core chain is an attack on Bitcoin. I may be wrong but when I listened to it I actually thought he refused to get on their side and was challenging the immutably of the protocol if core can just change the rules with no accountability to nodes. Either way I don't know Gary Cardone and very disappointed with Grant Cardeone investing with David Bailey and hanging out with the statists
Sounds like he's calling them out
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