The node argument is a non sequitur.
The, but you have x we have y you are less decentralised, while in itself being erroneous is a form of special pleading.
The goal of Bitcoin was NOT decentralisation. That is the myth.
Bitcoin was a working micropayment system, digital cash.
In any debate, the goal of decentralisation is minor, the primary argument is whether the system can scale and achieve this cheaply.
Decentralisation is the red herring the opposition use to throw the argument away from Bitcoin as it was designed.
As long as there are competitors, the system is decentralised. As long as new entrants are able to compete, it is decentralised.
Note, by definition, PoS cannot be decentralised. The system is in stasis. The owner of a system retains power.
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646894324328459?thread_ts=1646894324.328459&cid=C5131HKFX
https://t.me/CSW_Slack/4173
The, but you have x we have y you are less decentralised, while in itself being erroneous is a form of special pleading.
The goal of Bitcoin was NOT decentralisation. That is the myth.
Bitcoin was a working micropayment system, digital cash.
In any debate, the goal of decentralisation is minor, the primary argument is whether the system can scale and achieve this cheaply.
Decentralisation is the red herring the opposition use to throw the argument away from Bitcoin as it was designed.
As long as there are competitors, the system is decentralised. As long as new entrants are able to compete, it is decentralised.
Note, by definition, PoS cannot be decentralised. The system is in stasis. The owner of a system retains power.
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646894324328459?thread_ts=1646894324.328459&cid=C5131HKFX
https://t.me/CSW_Slack/4173
Telegram
CSW - Slack Channel
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646894324328459?thread_ts=1646894324.328459&cid=C5131HKFX
https://t.me/CSW_Slack/4173
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646894324328459?thread_ts=1646894324.328459&cid=C5131HKFX
https://t.me/CSW_Slack/4173
Decentralisation is a side benefit of bitcoin, because of competition.
It is not the purpose.
P2P is Alice sends to Bob, IP 2 IP.
Alice to Node to Bob is NOT peer to peer
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646895328785669?thread_ts=1646895328.785669&cid=C5131HKFX
https://t.me/CSW_Slack/4176
It is not the purpose.
P2P is Alice sends to Bob, IP 2 IP.
Alice to Node to Bob is NOT peer to peer
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646895328785669?thread_ts=1646895328.785669&cid=C5131HKFX
https://t.me/CSW_Slack/4176
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Bitcoin HAS an issuer, all assets do.
But, in 2009, the system was worth negative 1.1 million
No pre mine, no wrapped asset
Creating a contract is legal, a commodity, legal
BTC issue is Core
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646918209631299?thread_ts=1646918209.631299&cid=C5131HKFX
https://t.me/CSW_Slack/4179
But, in 2009, the system was worth negative 1.1 million
No pre mine, no wrapped asset
Creating a contract is legal, a commodity, legal
BTC issue is Core
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646918209631299?thread_ts=1646918209.631299&cid=C5131HKFX
https://t.me/CSW_Slack/4179
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CSW - Slack Channel
CSW
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646918209631299?thread_ts=1646918209.631299&cid=C5131HKFX
https://t.me/CSW_Slack/4179
Mar 10, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646918209631299?thread_ts=1646918209.631299&cid=C5131HKFX
https://t.me/CSW_Slack/4179
👍1
In an IEEE conference later this year, I will explain how we will take bitcoin to 1 billion tps peak, using 2022 tech. To 100 billion tps before 2030 and have SPV lookups and proofs served for this.
0.001c usd a tx
Up to 4.29 billion exchanges a tx (packets) for 0.001c
Consider this a financial information release under the UK and US laws concerning information related to investment related statements
If you think this is not important, do the maths.
This is what I left Gavin to work on. No, protocol is set on stone. The original is needed
Work out yearly miner revenue
10billion x 0.00,001 x seconds a year
"Up to 4.29 billion exchanges a tx (packets) for 0.001c"
Means, up to 4.3 billion packets for as low as 0.001 c to miners.
Ip2Ip
Limit right now, Internet capacity
4.3GB × 4.3 packets x 10 billion per second
Peer to peer
Not mesh
0.00001 x 10^9 ×3600 × 24 x 365
Cents. Tps. Sec. Hours days
In $
CSW
Mar 11, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646980019189349?thread_ts=1646980019.189349&cid=C5131HKFX
https://t.me/CSW_Slack/4183
0.001c usd a tx
Up to 4.29 billion exchanges a tx (packets) for 0.001c
Consider this a financial information release under the UK and US laws concerning information related to investment related statements
If you think this is not important, do the maths.
This is what I left Gavin to work on. No, protocol is set on stone. The original is needed
Work out yearly miner revenue
10billion x 0.00,001 x seconds a year
"Up to 4.29 billion exchanges a tx (packets) for 0.001c"
Means, up to 4.3 billion packets for as low as 0.001 c to miners.
Ip2Ip
Limit right now, Internet capacity
4.3GB × 4.3 packets x 10 billion per second
Peer to peer
Not mesh
0.00001 x 10^9 ×3600 × 24 x 365
Cents. Tps. Sec. Hours days
In $
CSW
Mar 11, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646980019189349?thread_ts=1646980019.189349&cid=C5131HKFX
https://t.me/CSW_Slack/4183
Telegram
CSW - Slack Channel
CSW
Mar 11, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646980019189349?thread_ts=1646980019.189349&cid=C5131HKFX
https://t.me/CSW_Slack/4183
Mar 11, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1646980019189349?thread_ts=1646980019.189349&cid=C5131HKFX
https://t.me/CSW_Slack/4183
😁1
"Regulations that affect advertising
Advertising to consumers
The Consumer Protection from Unfair Trading Regulations mean you cannot mislead or harass consumers by, for example:
including false or deceptive messages
leaving out important information
using aggressive sales techniques
Read ‘The consumer protection from unfair trading regulations’ for the rules on advertising legally."
https://www.gov.uk/marketing-advertising-law/regulations-that-affect-advertising
Advertising to consumers
The Consumer Protection from Unfair Trading Regulations mean you cannot mislead or harass consumers by, for example:
including false or deceptive messages
leaving out important information
using aggressive sales techniques
Read ‘The consumer protection from unfair trading regulations’ for the rules on advertising legally."
https://www.gov.uk/marketing-advertising-law/regulations-that-affect-advertising
GOV.UK
Marketing and advertising: the law
If you're advertising or marketing, including direct marketing, you must be accurate and honest and follow the advertising codes of practice
Mark Karples is a convicted criminal.
Most of the block stream people are happy to reach sanctions and aid money laundering, a crime.
The Monero founder is a conman and fraud.
The biggest hero to the BTC call group is Ross Ulbricht, and attempted murder, a drug dealer, an armed smuggler, money-laundering and the list goes on… Real scum.
When they hear about RX drug dealers who might be the creator as an excuse for it not to be me they are super happy. Yet, this is the point that they are not making.
They use the term fraud and they complained about criminality only because I’m not. The basic premise of everything they stand for is that they love crime in core. They are criminals. One of the early BTC developers is a known terrorist. So, remember this when they start talking to people. We should be pointing this out.
CSW
Mar 13, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1647171014515219
https://t.me/CSW_Slack/4187
Most of the block stream people are happy to reach sanctions and aid money laundering, a crime.
The Monero founder is a conman and fraud.
The biggest hero to the BTC call group is Ross Ulbricht, and attempted murder, a drug dealer, an armed smuggler, money-laundering and the list goes on… Real scum.
When they hear about RX drug dealers who might be the creator as an excuse for it not to be me they are super happy. Yet, this is the point that they are not making.
They use the term fraud and they complained about criminality only because I’m not. The basic premise of everything they stand for is that they love crime in core. They are criminals. One of the early BTC developers is a known terrorist. So, remember this when they start talking to people. We should be pointing this out.
CSW
Mar 13, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1647171014515219
https://t.me/CSW_Slack/4187
👍1
"Craig Wright, self-proclaimed Bitcoin inventor, reveals plan for his BTCs"
Mar 32, 2022
https://youtu.be/BnPiH6OLLa0
Mar 32, 2022
https://youtu.be/BnPiH6OLLa0
YouTube
Craig Wright, self-proclaimed Bitcoin inventor, reveals plan for his BTCs
Craig Wright, who is currently the chief scientist at nChain, discusses with David Lin, anchor for Kitco News, the future developments for Bitcoin that he has planned.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco…
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco…
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Craig Wright, self proclaimed Bitcoin inventor, reveals plan for his BTCs https://youtu.be/8SMKm5N74ug
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