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A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Like Peter Wuille for example. Is there a risk of devs being "bought out" by a state? When they make a change or introduce a new BIP, how does the implementation happen? I am thinking that others review and check it, then what? Is it enforced by people running full nodes? Do people chose whether to accept the changes? I mean how does everyone "update" to the new version of the bitcoin protocol so that others are not left behind on the old one if that makes sense.
Theymos on /r/bitcoin: If the bug was exploited they (Bitcoin Core devs) would rollback the transactions, similar to the DAO. I thought BTC was supposed to be immutable?
Quote from theymos:
Stored funds are not at risk, and never were at risk. Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back, exactly as it was in the value overflow incident. However, there is currently a small risk of a chainsplit. In a chainsplit, transactions could be reversed long after they are fully confirmed. Therefore, for the next week or so you should consider there to be a small possibility of any transaction with less than 200 confirmations being reversed. https://old.reddit.com/Bitcoin/comments/9hkoo6/new_info_escalates_importance_upgrading_to_0163/
Edit: It seems by some of the comments in this thread that some misunderstood the point of this post. It wasn't to say whether BTC Core devs would be right or wrong in rolling back BTC if there were transactions that were exploited from the bug they introduced. The point of the post was to say, that BTC is not fully immutable, as is always suggested by Core devs. This post just helps to highlight that it is not and put their hypocrisy on display. Bitcoin is not fully run by artificial intelligence just yet, which means, that yes humans still pull the strings - and that Bitcoin is not 100% immutable. Bitcoin is new technology in the big scheme of things. I don't think that in 10 years Bitcoin will be anything like it is today. It is evolving every day, and in the future Bitcoin may be very different than it is now. Maybe BTC is not as immutable as people were made to believe. Maybe it's a sliding scale with different degrees of immutability. For example with ETH and the DAO, it's safe to say it's less-immutable than BTC or BCH. Whatever your thoughts, maybe it's time for people to actually think for themselves and not just believe what Core devs tell them all the time, because clearly, they aren't being fully honest with you or themselves.
“Libra will need to be accepted in many places for those who want to *USE* it. People need to have confidence that they can *USE* Libra” - Even FB gets what the Bitcoin Core dev don’t. Thanks for ruining our first-mover advantage.
11-22 07:53 - '[[link]] / a good portion of their devs regularly shit on the good work done by bitcoin core devs aside from taking money from a company like bitmain ... / their app [[link]] is also clearly bCash branded... / / [u/C...' by /u/SYD4uo removed from /r/Bitcoin within 5-15min
''' [[link]4 a good portion of their devs regularly shit on the good work done by bitcoin core devs aside from taking money from a company like bitmain ... their app [[link]5 is also clearly bCash branded... [Chris_Pacia]3 is their lead backend dev btw... "Well we aren't limiting capacity for one. We have 320x more capacity then we are using currently and have room to expand more if necessary. This talk that somehow BCH is choking off the network like Core is absurd." or "BTW, we all knew this is direction Core was taking Bitcoin even before the scaling debate broke out in full force. Long before the lightning network was a thing people were asked how is Bitcoin supposed to scale if the blocks remain at 1MB and they all pointed to Hal Finney's comment about Bitcoin only being used as a settlement system for banks with everyone just using custodial wallets. Lighting bailed them out in a sense in that they could (disingenuously) say "Oh no we aren't pushing a custodial system. The lightning network is how we're going to scale while remaining non-custodial". But there were plenty of us who knew LN wouldn't work well, if at all. And the last few years and tiny to non-existent amount of LN usage vindicates that view. So now it's back to custodial wallets and banks." i like tcrypt tho, more level-headed... ''' Context Link Go1dfish undelete link unreddit undelete link Author: SYD4uo 1: *ww.c****esk*co**openbaz*a*-raises-5**ill*on-from-*i**ain*omers*ventures 2: g*t*a*en.app/ 3: ww*.r***it.com*u/Chri**Pacia/ 4: www.coin**sk.com*op**bazaar-rai*es-5-*il***n-fr*m-**tmain*om*rs-*ent***s]^^1 5: *etha*en.*pp/*^^2 Unknown links are censored to prevent spreading illicit content.
Bitcoin Core is security software that helps protect assets worth billions of dollars, so every code change needs to be reviewed by experienced developers. It can take a long time for other developers to review your pull requests. Remember that all reviewers are taking time away from their own projects to review your pull requests, so be patient and respectful of their time. Please also ... Are core devs communists? Editorial 25 June 2020 . Patrick Thompson . Dr. Craig Wright’s latest blog post, “Techno-Communism and the Desire for Socialism through Code,” grills software engineers that continually seek payment for the work they have done to a blockchain protocol. Throughout the blog post, Dr. Wright makes it clear that this style of core-development is akin to socialism ... Yahoo Finance reports that Bitcoin core developer Gregory Maxwell has collaborated with several other developers to come up with the “Erlay” proposal for a stronger and faster About us. Bitcoin Core is an open source project which maintains and releases Bitcoin client software called “Bitcoin Core”.. It is a direct descendant of the original Bitcoin software client released by Satoshi Nakamoto after he published the famous Bitcoin whitepaper.. Bitcoin Core consists of both “full-node” software for fully validating the blockchain as well as a bitcoin wallet. Bitcoin Core is programmed to decide which block chain contains valid transactions. The users of Bitcoin Core only accept transactions for that block chain, making it the Bitcoin block chain that everyone else wants to use. For the latest developments related to Bitcoin Core, be sure to visit the project’s official website.
SF Crypto Devs: A hardCORE workout w/ Bitcoin Core Dev Jeremy Rubin
JJ gets a little testy with the core devs. Skip navigation Sign in. Search. Loading... Close. This video is unavailable. ... YOU WONT BELIEVE BITCOIN's NEXT MOVE.... w. DavinciJ15 - Duration: 25 ... Panel about "Creating Bitcoin Core devs" at MCC 2019 on Sunday 12th of May in New York. Panel moderated by Aaron van Wirdum (Bitcoin Magazine) featuring Jimmy Song (Programming Bitcoin), Justin ... Pieter Wuille, Bitcoin Core Developer and Blockstream Co-Founder, spoke about Key Tree Signatures. Bitcoin supports multisig transaction outputs, which require more than a single signature to unlock. ** UPDATED VIDEO ** Bitcoin core developer, Pieter Wuille, is going to talk about the new Bitcoin Core release of 0.10.0. Slides: https://prezi.com/tkac2-zpl... If you've ever wanted to learn how to become an OpenSource Bitcoin or Blockchain Developer, without quitting your day job, this is the seminar for you. Slides: https://goo.gl/wbGYeV Want more like ...