For Craig’s post https://craigwright.net/blog/bitcoin-blockchain-tech/bitcoin-was-never-designed-to-be-censorship-resistant/, the following paragraph:
Bitcoin does not use any encryption. If you want to do a no-everything build of OpenSSL to exclude encryption routines, a few patches are required. (OpenSSL v0.9.8h).
What does this mean actually? Any suggestions?
https://t.me/CSW_Slack/2703
Bitcoin does not use any encryption. If you want to do a no-everything build of OpenSSL to exclude encryption routines, a few patches are required. (OpenSSL v0.9.8h).
What does this mean actually? Any suggestions?
https://t.me/CSW_Slack/2703
craigwright.net
Bitcoin Was Never Designed To Be Censorship-Resistant
Thing to remember.
Ponzi ended up broke
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626312915494300?thread_ts=1626312915.494300&cid=C5131HKFX
https://t.me/CSW_Slack/2705
Ponzi ended up broke
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626312915494300?thread_ts=1626312915.494300&cid=C5131HKFX
https://t.me/CSW_Slack/2705
I will state this here again. I am completely sick of this completely utterly scanty bullshit.
https://medium.com/@moatnetwork/moat-the-next-generation-in-bitcoin-158ef0a169e
There is no mining problem to be solved. There is no decentralisation problem to be solved. Bitcoin is about competition not some egalitarian socialist want to be Communist bullshit about complete equality and everybody running a node. When I said that bitcoin ends in data centres, it was by design. No, the moat bullshit listed above does not solve anything it just creates a whole the problems and it is not happening.
This form of complete utter crap is not going to occur on my network. There is no changing bitcoin it is set in stone. There is no taking it and running with your bloody coin scams and if people start trying it they will find that I bury them so deep in bloody litigation that their grandchildren will be paying it off. The coin isn’t broken, mining isn’t broken, proof of work is designed in the system the way it’s meant to be and it doesn’t need fixing.
members of pools don't mine
members of pools are not nodes
that crap has to die
the reality is that if you are a member of a pool you are little more than a person selling electricity second hand
pool members do not help mine, they do not help run a node, they do not help secure anything let alone bitcoin
BitCoinis not in the hands of the users and it's not meant to be
it is not a decentralised voting system and the users don't vote
Nor are they meant to
it is not supposed to change
here is the thing, it's not about whether you like the initial set of rules that I implemented, if you don't like them I don't give a shit
the fact of the matter is I implemented these and set them so they don't change and that's it
no user interaction, no voting and it's not supposed to be about a democracy
it is fixed
users do not vote on gold
if you have a gold bar you don't vote that today it will have 80 protons instead of 79
the tokens in this project are in a legal security. They are unregistered and as a result they aree breaching the law
more importantly, this is never going to be successful, they are misleading potential investors, this is a complete utter con job
a token sale is merely a form of raising capital. that requires the payment of tax, it requires the registration of securities, and when you are doing more than a million or so in raising as these guys are it requires an IPO
you can do a crowd source for a small amount, generally up to one and 1/2 million
this is not such a small system
there is a reason that this happens and it is to stop scammy con jobs from rippping off investors
The thing that they don't seem to understand is that bitcoin can be seized and redistributed. In time they will learn this because I will make sure that every single token issued against BSV can be recovered.
That is, every single BSV and this will be recoverable and they will have nothing. As I've noted, if you're buying goods and services legally, between acts as money but equally, the legal aspects of it apply. If you're buying a five dollar coffee, it is completely permanent.. If you're making a $10,000 securities transaction, expect to have all of the AML and expect that government can interact and intervene
The answer is LAW
They are not solving anything. The mining is about validation and time ordering.
That is screwed up when too many nodes are in the system
Build on.
Stop trying to change it
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626345276001700?thread_ts=1626345276.001700&cid=C5131HKFX
https://t.me/CSW_Slack/2706
https://medium.com/@moatnetwork/moat-the-next-generation-in-bitcoin-158ef0a169e
There is no mining problem to be solved. There is no decentralisation problem to be solved. Bitcoin is about competition not some egalitarian socialist want to be Communist bullshit about complete equality and everybody running a node. When I said that bitcoin ends in data centres, it was by design. No, the moat bullshit listed above does not solve anything it just creates a whole the problems and it is not happening.
This form of complete utter crap is not going to occur on my network. There is no changing bitcoin it is set in stone. There is no taking it and running with your bloody coin scams and if people start trying it they will find that I bury them so deep in bloody litigation that their grandchildren will be paying it off. The coin isn’t broken, mining isn’t broken, proof of work is designed in the system the way it’s meant to be and it doesn’t need fixing.
members of pools don't mine
members of pools are not nodes
that crap has to die
the reality is that if you are a member of a pool you are little more than a person selling electricity second hand
pool members do not help mine, they do not help run a node, they do not help secure anything let alone bitcoin
BitCoinis not in the hands of the users and it's not meant to be
it is not a decentralised voting system and the users don't vote
Nor are they meant to
it is not supposed to change
here is the thing, it's not about whether you like the initial set of rules that I implemented, if you don't like them I don't give a shit
the fact of the matter is I implemented these and set them so they don't change and that's it
no user interaction, no voting and it's not supposed to be about a democracy
it is fixed
users do not vote on gold
if you have a gold bar you don't vote that today it will have 80 protons instead of 79
the tokens in this project are in a legal security. They are unregistered and as a result they aree breaching the law
more importantly, this is never going to be successful, they are misleading potential investors, this is a complete utter con job
a token sale is merely a form of raising capital. that requires the payment of tax, it requires the registration of securities, and when you are doing more than a million or so in raising as these guys are it requires an IPO
you can do a crowd source for a small amount, generally up to one and 1/2 million
this is not such a small system
there is a reason that this happens and it is to stop scammy con jobs from rippping off investors
The thing that they don't seem to understand is that bitcoin can be seized and redistributed. In time they will learn this because I will make sure that every single token issued against BSV can be recovered.
That is, every single BSV and this will be recoverable and they will have nothing. As I've noted, if you're buying goods and services legally, between acts as money but equally, the legal aspects of it apply. If you're buying a five dollar coffee, it is completely permanent.. If you're making a $10,000 securities transaction, expect to have all of the AML and expect that government can interact and intervene
The answer is LAW
They are not solving anything. The mining is about validation and time ordering.
That is screwed up when too many nodes are in the system
Build on.
Stop trying to change it
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626345276001700?thread_ts=1626345276.001700&cid=C5131HKFX
https://t.me/CSW_Slack/2706
Medium
Moat — the Next Generation in Bitcoin
We propose a decentralized, on-chain mining pool for truly-unbounded, general-purpose computation on Bitcoin as envisioned by Satoshi…
I left the management bitcoin once. I did that with the simple notion that nobody would change my bloody protocol. I won't make that mistake again. As much as I have other things that I would like to do, I won't be leaving the management of ensuring bitcoin stays set until it is too big to be changed.
So, the simple fact of the matter is that you're not getting rid of me, these people are not getting rid of me and I will not and I emphasise not allow changes to my damn protocol
I don't really care what you want to do
the simple fact of the matter is if you need to change my protocol or fuck around with it
the answer is too fuck off
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626346763010600?thread_ts=1626346763.010600&cid=C5131HKFX
https://t.me/CSW_Slack/2708
So, the simple fact of the matter is that you're not getting rid of me, these people are not getting rid of me and I will not and I emphasise not allow changes to my damn protocol
I don't really care what you want to do
the simple fact of the matter is if you need to change my protocol or fuck around with it
the answer is too fuck off
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626346763010600?thread_ts=1626346763.010600&cid=C5131HKFX
https://t.me/CSW_Slack/2708
Telegram
CSW - Slack Channel
CSW
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626346763010600?thread_ts=1626346763.010600&cid=C5131HKFX
https://t.me/CSW_Slack/2708
Jul 15, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626346763010600?thread_ts=1626346763.010600&cid=C5131HKFX
https://t.me/CSW_Slack/2708
https://twitter.com/CryptoBull2020/status/1415771260089511941?s=20
Ripple Labs Can Question Former SEC Official in Suit Over XRP
https://www.bloomberg.com/news/articles/2021-07-15/ripple-labs-can-question-former-sec-official-in-suit-over-xrp
As they should have. The judge made a correct decision.
You are neglecting the fact that this is a good outcome. ETH is a security, the SEC has people who own some of these assets and that is a form of bias that needs to be investigated.
There is no reason that is logically valid to claim that ETH is not a security, and in reality, it stinks to high heaven as an illegal security offer. Once PoS is implemented, there is no way not to consider it a security.
The SEC is not a court. They don’t make decisions, they badly enforce many things, and it is necessary for the court to rule on these areas.
it is not the SEC they should be worried about
it is the entire ICO scam market
CSW
Jul 16, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626389237048500?thread_ts=1626389237.048500&cid=C5131HKFX
https://t.me/CSW_Slack/2713
Ripple Labs Can Question Former SEC Official in Suit Over XRP
https://www.bloomberg.com/news/articles/2021-07-15/ripple-labs-can-question-former-sec-official-in-suit-over-xrp
As they should have. The judge made a correct decision.
You are neglecting the fact that this is a good outcome. ETH is a security, the SEC has people who own some of these assets and that is a form of bias that needs to be investigated.
There is no reason that is logically valid to claim that ETH is not a security, and in reality, it stinks to high heaven as an illegal security offer. Once PoS is implemented, there is no way not to consider it a security.
The SEC is not a court. They don’t make decisions, they badly enforce many things, and it is necessary for the court to rule on these areas.
it is not the SEC they should be worried about
it is the entire ICO scam market
CSW
Jul 16, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626389237048500?thread_ts=1626389237.048500&cid=C5131HKFX
https://t.me/CSW_Slack/2713
Twitter
CryptoBull
BOMBSHELL NEWS: the judge ruled in FAVOR of #Ripple and AGAINST the SEC. Ripple can now question former SEC Director of finance about why the SEC decided Ethereum is not a security, yet claims #XRP is. The SEC is about to be EXPOSED!!!
The difficulty that has evolved alongside the SillyCon Valley move to advertising is directly aligned with the nature of how they raise money to buy companies.
It is in itself a form of monopolistic capture. The larger entities can buy out potential competitors. It is a form of mercantilism based on advertising revenue. They don’t want to see something like bitcoin and the solution that I developed because they have created a system based on the capture of power and market share analogous to how mercantilist governments would capture the supply of gold as a measure of monetary value and wealth.
CSW
Jul 18, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626537674230200?thread_ts=1626345276.001700&cid=C5131HKFX
https://t.me/CSW_Slack/2721
It is in itself a form of monopolistic capture. The larger entities can buy out potential competitors. It is a form of mercantilism based on advertising revenue. They don’t want to see something like bitcoin and the solution that I developed because they have created a system based on the capture of power and market share analogous to how mercantilist governments would capture the supply of gold as a measure of monetary value and wealth.
CSW
Jul 18, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626537674230200?thread_ts=1626345276.001700&cid=C5131HKFX
https://t.me/CSW_Slack/2721
Telegram
CSW - Slack Channel
CSW
Jul 18, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626537674230200?thread_ts=1626345276.001700&cid=C5131HKFX
https://t.me/CSW_Slack/2721
Jul 18, 2021
https://metanet-icu.slack.com/archives/C5131HKFX/p1626537674230200?thread_ts=1626345276.001700&cid=C5131HKFX
https://t.me/CSW_Slack/2721