Bitcoin is a failed experiment, says major Bitcoin developer

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail submitted by kyletorpey to Buttcoin [link] [comments]

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail submitted by kyletorpey to Bitcoin [link] [comments]

05-14 21:54 - 'Bitcoin failed to develop, that is all. I can see why you maxis think that's a good thing, but I prefer my tech to actually develop. BCH is also stuck in the past.' by /u/Enterz removed from /r/Bitcoin within 1-11min

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Bitcoin failed to develop, that is all. I can see why you maxis think that's a good thing, but I prefer my tech to actually develop. BCH is also stuck in the past.
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Author: Enterz
submitted by removalbot to removalbot [link] [comments]

If you supported Bitcoin, you should be upset that BitcoinCore developers failed to increase the maximum blocksize. It caused BTC to lose 50% market share once the 1Mb limit was reached. Bitcoin Cash upgraded to 32Mb. BCH is fast, cheap and actually works on-chain.

If you supported Bitcoin, you should be upset that BitcoinCore developers failed to increase the maximum blocksize. It caused BTC to lose 50% market share once the 1Mb limit was reached. Bitcoin Cash upgraded to 32Mb. BCH is fast, cheap and actually works on-chain. submitted by masterD3v to btc [link] [comments]

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail submitted by sexyama to crypto_currency [link] [comments]

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail submitted by Vincentrog29 to cryptocurrencynews [link] [comments]

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail

2 Bitcoin Developers Explain How The Cryptocurrency Could Still Fail submitted by dailymarketsignals to u/dailymarketsignals [link] [comments]

"If BIP148 were to fail, the alternative would result in Litecoin taking a lead over Bitcoin."- luke-jr (Bitcoin Core Developer)

https://www.reddit.com/Bitcoin/comments/6f5wjt/august_1st_is_bitcoinindependenceday_make_sure/diggr88/?st=j3mdn09c&sh=2f34786a
submitted by ChronicBurnout3 to litecoin [link] [comments]

Will Vertcoin welcome Bitcoin Core developers' competence if Bitcoin fails due to B2X and core devs quit contributing to Bitcoin?

submitted by Amichateur to vertcoin [link] [comments]

I'm reminded of this scene every time someone says Bitcoin will fail if the Core developers leave.

I'm reminded of this scene every time someone says Bitcoin will fail if the Core developers leave. submitted by Thanah85 to btc [link] [comments]

@TokenHash Logic fail. Bitcoin toxicity has pushed developers to other communities (like ETH and ETC) and definite… https://t.co/BzjBXQ6CL1 - Crypto Insider Info - Whales's

Posted at: October 31, 2018 at 12:24AM
By:
@TokenHash Logic fail. Bitcoin toxicity has pushed developers to other communities (like ETH and ETC) and definite… https://t.co/BzjBXQ6CL1
Automate your Trading via Crypto Bot : https://ift.tt/2EU8PEX
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submitted by cryptotradingbot to cryptobots [link] [comments]

Do bitcoin core developers plan to create new altcoin with improved bitcoin-base technology if UASF fails?

If that is true, that is a disaster for bitcoin price.
Why don't they split bitcoin instead? Maybe you won't be lucky as same as Vitalik Buterin was.
submitted by Peaintania to btc [link] [comments]

Bitcoin has 'failed,' says one of its most prominent developers

Bitcoin has 'failed,' says one of its most prominent developers submitted by T-rex_with_a_gun to technology [link] [comments]

A clear summary of the pro IFP position:

What is needed is a change to ze incentives of Bitcoin. Satoshi was wrong. Businesses can’t profit in this environment. Thus ze block reward should be redirected towards all unprofitable businesses, as a necessary incentive for continued development.
Source
submitted by MemoryDealers to btc [link] [comments]

If LinuxSecureRandom on Android could fail in some circumstances (said by the developers of BC.i), then Schildbach's Bitcoin Wallet might have problems too!

Yesterday, I post an article about BC.i's PRNG BUGS here :
http://www.reddit.com/Bitcoin/comments/37oxow/the_security_issue_of_blockchaininfos_android/
Also, I submitted an issue on their github :
https://github.com/blockchain/Android-Wallet-2-App/issues/8
After all these discussions, now I think the reason of this issue may cause other wallets (such as Schildbach's Bitcoin Wallet) have some problems too.
For BC.i's Android Wallet, the issue is "multiple users could end up generating duplicate addresses" (Actually only one address - 1Bn9ReEocMG1WEW1qYjuDrdFzEFFDCq43F). We can find hunderds of transactions on this address, so this has the possibilities to happen.
For other Android Wallets which is using the bitcoinj 's LinuxSecureRandom, if the same issue happens, they may fallbak to use Android's SecureRandom again, and we already know the weakness of this.
Mike Hearn's latest commit on bitcoinj is about this issue : https://github.com/bitcoinj/bitcoinj/commit/f64e98ef0aee4f49733e029a34c6939146ab1e65
So if there were hundreds of times that BC.i's Android users failed to access /dev/urandom, there must be same possibities for other Android bitcoin wallets too. On other wallets based on bitcoinj, they may not generate the same address, but they are using problem SecureRandom( low entropy ) to generate private keys or HD seeds, and these keys or seeds may be compromised already or in the future.
If the program cannot access the /dev/urandom, you should throw an exception and tell users why generating private keys failed. In this circumstance, generating a same address is a bad idea, back to use Android's SecureRandom is even worse than that, because now I have no idea about my addresses, are those still safe?
submitted by GandalfBitcoin to Bitcoin [link] [comments]

If B2X fails, will the non core supporters finally leave core developers alone? I was hoping that would have happened with Bcash, but clearly not... /r/Bitcoin

If B2X fails, will the non core supporters finally leave core developers alone? I was hoping that would have happened with Bcash, but clearly not... /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

"Back in 2009, Bitcoin used a feature that allowed for the IP-to-IP exchange of information. The 2009 wallet was a proof of concept, and many of the best aspects of Bitcoin have been disabled as those developing the software failed to understand it."

submitted by cryptorebel to bitcoincashSV [link] [comments]

If exchanges/merchants/developers/miners believe SetWit2X will fail then they are already un-educated about Bitcoin /r/btc

If exchanges/merchants/developers/miners believe SetWit2X will fail then they are already un-educated about Bitcoin /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Imagine how you would feel if Adam Back of Blockstream suddenly announced that he was going to take 8% of all new BTC created on the network to fund infrastructure for Bitcoin.

That is how you should also feel about Amaury of ABC's plan that he is going to take 8% of all new BCH created on the network to fund infrastructure for Bitcoin Cash.
submitted by MemoryDealers to btc [link] [comments]

"Back in 2009, Bitcoin used a feature that allowed for the IP-to-IP exchange of information. The 2009 wallet was a proof of concept, and many of the best aspects of Bitcoin have been disabled as those developing the software failed to understand it."

submitted by cryptorebel to bitcoincashSV [link] [comments]

"If BIP148 were to fail, the alternative would result in Litecoin taking a lead over Bitcoin." - luke-jr (Bitcoin Core Developer)

https://www.reddit.com/Bitcoin/comments/6f5wjt/august_1st_is_bitcoinindependenceday_make_sure/diggr88/?st=j3mdn09c&sh=2f34786a
Luke Jr just talking smack? Doesn't think ETH is poised as well? Is this just contributing to the FUD, adding noise to the signal, making a joke, or do you think he was actually being serious? I don't know that much about Luke Jr., but the little I do suggests he's no Jerry Seinfeld.
submitted by ChronicBurnout3 to CryptoCurrency [link] [comments]

Lead developer quits bitcoin saying it 'has failed'

Lead developer quits bitcoin saying it 'has failed' submitted by PostNationalism to economy [link] [comments]

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