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53032472 No.53032472 [Reply] [Original]

Bitcoin is decentra -ACK

>> No.53032493

What is a full node

>> No.53032537
File: 529 KB, 1219x552, viabtc.png [View same] [iqdb] [saucenao] [google]
53032537

>ViaBTC

>> No.53032552

>>53032472
tamed

>> No.53032923

>>53032493
It's almost 2023 and you still haven't read the Whitepaper nor understood the most basic things about voting power but instead repeat what a Youtuber said while being completely wrong.

>> No.53032966

>>53032472
What happens if the miners reconfigure the text pointing at those pools to just... point at another pool??? Wow what a crazy thought it's not like that has happened numerous times in the past.

>> No.53032976

>>53032923
I don't even get what that retard is trying to argue

>> No.53033033

>>53032976
He thinks that non-mining nodes have any voting power.
He thinks that non-mining nodes, without voting power, can rearrange blocks as they want, with love power or something.

It's almost 2023 and he still doesn't understand that your personal full node CAN not accept Block XY, but the chain continues as 51% of mining power says.

>> No.53033067

>>53033033
Is this good or bad for LINK?

>> No.53033076

>>53033033
miners are forced to conform to the rules set by nodes, not the other way around

>> No.53033107

>>53033033
if a majority of the nodes reject the the block, they are effectively rearranging the blocks, as they want. Miners won't continue on that chain, the chain stops.

>> No.53033112

>>53033076
A miner is a node you absolute retarded mongoloid. Back to your Youtube stupid topbuyer

>> No.53033134

>>53033107
To rearrange you need a new block. No, the chain doesn't stop. The chain stops for those not accepting the new blocks but the chain itself continues.

Guess how a hardfork (like Bitcoin itself did) works you illiterate retard

>> No.53033137

>>53032493
>What is a full node
it means you can only watch, so basically a cuck.

>> No.53033140

>>53033112
Obviously a miner is a node, nowhere did I say a miner is not a node. I'm making a distinction between someone simply storing a copy of the blockchain and someone mining. It is magnitudes cheaper to only do the former and ultimately the miners must abide by their rules.

>> No.53033155

>>53033134
You are correct the fake chain doesn't stop but everyone stops caring about it because those Bitcoin are effectively worthless.

>> No.53033156

>>53033140
read >>53033134

>> No.53033192

>>53033134
You seem to but getting into semantical details, but why? Bitcoin mining was always intended to reward those who did the most work.

>> No.53033209

>>53033137
That's only in Ethereum, in Bitcoin we have had UASF movements and our nodes actually reject changes out of consensus.

This is why Bitcoin is the only currency worth anything.

>> No.53033213

>>53033192
>semantical details
>the absolute basics of how Bitcoin works

>> No.53033242

>>53033213
You don't have to be this autistic about it though. You can simply paraphrase Gavin Andresen and say even if a malicious actor accumulated 51% of hashing power it wouldn't matter because the simplest code change by nodes would invalidate it all.

>> No.53033244

>>53033134
>but the chain itself continues.
Yeah look at bcash that's what happens

Why are we arguing this in 2022 when we've seen what happens to idiot miners over 5 years ago.

>> No.53033309

>>53033244
>Yeah look at bcash that's what happens
You obviously don't know how it works because it's actually BTC that hardforked away.

>>53033242
Just like a centralized entity would do

>> No.53033341
File: 874 KB, 250x231, Mmmmmmmmmm.gif [View same] [iqdb] [saucenao] [google]
53033341

>>53032537
Alina. Nice, How are you, sexy lady

>> No.53033425

the BTC ponzi scam days are numbered

>> No.53033440

>>53033309
>A centralized entity would waste unimaginable amounts of time and money on an effort with no chance of success

Ok cool so why are you throwing an autist shitfit

>> No.53033458

>>53033309
by the way nodes came to decentralized consensus about every hardfork

>> No.53033464

>>53033209
nodes can reject any changes but it doesn't change the result as miners can fork and nodes get stuck on the old chain (aka cuck coin)

>> No.53033508

>>53033440
>>53033458
You do understand that you have literally no more arguments, right?
Consensus for things like a hard fork came after several months. A 51% attack can start this minute. What do you think happens the next hours?

>> No.53033541

>>53033508
>A 51% attack can start this minute. What do you think happens the next hours?
Literally nothing happens, maybe some market volatility due to brainlets but users will still gravitate to the correct chain.

>> No.53033560

>>53033508
Do you honestly think everyone would just continue running the chain with double spends on it? And accept that all this was for nothing?

>> No.53033578

>>53033541
>gravitate to the correct chain
HAHAHHAHAHAHAHAHAHAHA
we're back to >>53033033
>He thinks that non-mining nodes, without voting power, can rearrange blocks as they want, with love power or something.
You faggots are such delusionals. Enjoy the ride to 0

>> No.53033582

>>53033341
> lady
anon, I...

>> No.53033584

>>53033541
>dude just shit out 140eh/s in 1 minute lol.
It may have several months for a consensus for a hardfork, but doing that would take years. And Billions of dollars.

>> No.53033618
File: 20 KB, 382x287, 1666639821943996.png [View same] [iqdb] [saucenao] [google]
53033618

>>53032472
for those who dont know who this cryptowhale is he a past scammer called randy raccoon.
* ahem *
FUCK OF RANDYYYYYYYYYYYYYYYY

>> No.53033641

>>53033508
>BTC is controlled by 2 entities
>What happens if BTC is 51% attacked?
The question is if they would actually risk it.

>> No.53033675

>>53033641
Game theory says they'd risk it and fail.

>> No.53033747

>>53032537
would paphy her cai if you catch my drift

>> No.53033909

>>53033309
Go look it up you're mistaken.

2017 UASF VS S2X

Bcash forked away, s2x was dead on arrival, UASF didn't have to take place, and Bitcoin remained in consensus.

Idk why you would lie to everyone trying to confuse things...

>> No.53033934

>>53033464
Ethereum nodes cannot because they're not able to run the Blockchain without infura AWS servers

Bitcoin can function outside of big servers Ethereum can't.

>> No.53033995
File: 7 KB, 868x935, 658mms.png [View same] [iqdb] [saucenao] [google]
53033995

Monero solves this. One CPU = one vote as satoshi (not craig go stiff yourself) intended. Thankful_for_today was either satoshi or a close associate.

>> No.53034004

>>53032472
>51% attack FUD

Haven't heard this one for a while.

Bobo is getting desperate, bottom is close if not in already.