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SegWit would make it HARDER FOR YOU TO PROVE YOU OWN YOUR BITCOINS. SegWit deletes the "chain of (cryptographic) signatures" - like MERS (Mortgage Electronic Registration Systems) deleted the "chain of (legal) title" for Mortgage-Backed Securities (MBS) in the foreclosure fraud / robo-signing fiasco

Summary (TL;DR)

Many people who study the financial crisis which started in 2008 know about "MERS", or "Mortgage Electronic Registration Systems" - a company / database containing over 62 million mortgages.
(The word "mortgages" may be unfamiliar to some non-English speakers - since it is not a cognate with most other languages. In French, they say "hypothèques", or "hipotecas" in Spanish, "Hypotheken" in German, etc).
The goal of MERS was to "optimize" the process of transferring "title" (legal ownership) of real-estate mortgages, from one owner to another.
But instead, in the 2010 "foreclosure crisis", MERS caused tens of billions of dollars in losses and damages - due to the "ususual" way it handled the crucial "ownership data" for real-estate mortgages - the data at the very heart of the database.
https://duckduckgo.com/?q=%22foreclosure+fraud%22+%22robo+signing%22+MERS&t=h_&ia=web
How did MERS handle this crucial "ownership data" for real-estate mortgages?
The "brilliant" idea behind MERS to "optimize" the process of conveying (transferring) mortgages was to separate - and eventually delete - all the data proving who transferred what to whom!
Hmm... that sounds vaguely familiar. What does that remind me of?
SegWit separating and then deleting the "chain of (cryptographic) signatures" for bitcoins sounds a lot like MERS separating and then deleting the "chain of (legal) title" for mortgages.
So, SegWit and MERS have a lot in common:
Of course, the "experts" (on Wall Street, and at AXA-owned Blockstream) present MERS and SegWit as "innovations" - as a way to "optimize" and "streamline" vast chains of transactions reflecting ownership and transfer of valuable items (ie, real-estate mortgages, and bitcoins).
But, unfortunately, the "brilliant bat-shit insane approach" devised by the "geniuses" behind MERS and SegWit to do this is to simply delete the data which proved ownership and transfer of these items - information which is essential for legal purposes (in the case of mortgages), or security purposes (in the case of bitcoins).
So, the most pernicious aspect of SegWit may be that it encourages deleting all of Bitcoin's cryptographic security data - destroying the "chain of signatures" which (according to the white paper) are what define what a "bitcoin" actually is.
Wow, deleting signatures with SegWit sounds bad. Can I avoid SegWit?
Yes you can.
To guarantee the long-term cryptographic, legal and financial security of your bitcoins:

Details

MERS = "The dog ate your mortgage's chain of title".
SegWit = "The dog ate your bitcoin's chain of signatures."
Wall Street-backed MERS = AXA-backed SegWit
It is probably no coincidence that:
How is AXA related to Blockstream?
Insurance multinational AXA, while not a household name, is actually the second-most-connected "fiat finance" firm in the world.
AXA's former CEO Pierre Castries was head of the secretive Bilderberg Group of the world's ultra-rich. (Recently, he moved on to HSBC.)
Due to AXA's massive exposure to derivatives (bigger than any other insurance company), it is reasonable to assume that AXA would be destroyed if Bitcoin reaches trillions of dollars in market cap as a major "counterparty-free" asset class - which would actually be quite easy using simple & safe on-chain scaling - ie, just using bigger blocks, and no SegWit.
So, the above facts provide one plausible explanation of why AXA-owned Blockstream seems to be quietly trying to undermine Bitcoin...
Do any Core / Blockstream devs and supporters know about MERS - and recognize its dangerous parallels with SegWit?
It would be interesting to hear from some of the "prominent" Core / Blockstream devs and supporters listed below to find out if they are aware of the dangerous similarities between SegWit and MERS:
Finally, it could also be interesting to hear from:
Core / Blockstream devs might not know about MERS - but AXA definitely does
While it is likely that most or all Core / Blockstream devs do not know about the MERS fiasco...
...it is 100% certain that people at AXA (the main owners of Blockstream) do know about MERS.
This is because the global financial crisis which started in 2008 was caused by:
The major financial media and blogs (Naked Capitalism, Zero Hedge, Credit Slips, Washington's Blog, etc.) covered MERS extensively:
https://duckduckgo.com/?q=site%3Anakedcapitalism.com+mers&t=h_&ia=web
https://duckduckgo.com/?q=site%3Azerohedge.com+mers&t=h_&ia=web
https://duckduckgo.com/?q=site%3Acreditslips.org+mers&t=h_&ia=web
https://duckduckgo.com/?q=site%3Awashingtonsblog.com+mers&t=h_&ia=web
So people at all the major "fiat finance firms" such as AXA would of course be aware of CDOs, MBSs and MERS - since these have been "hot topics" in their industry since the start of the global financial crisis in 2008.
Eerie parallels between MERS and SegWit
Read the analysis below of MERS by legal scholar Christopher Peterson - and see if you notice the eerie parallels with SegWit (with added emphasis in bold, and commentary in square brackets):
http://scholarship.law.wm.edu/cgi/viewcontent.cgi?article=3399&context=wmlr
Loans originated with MERS as the original mortgagee purport to separate the borrower’s promissory note, which is made payable to the originating lender, from the borrower’s conveyance of a mortgage, which purportedly is granted to MERS. If this separation is legally incorrect - as every state supreme court looking at the issue has agreed - then the security agreements do not name an actual mortgagee or beneficiary.
The mortgage industry, however, has premised its proxy recording strategy on this separation, despite the U.S. Supreme Court’s holding that “the note and mortgage are inseparable.” [Compare with the language from Satoshi's whitepaper: "We define an electronic coin as a chain of digital signatures."]
If today’s courts take the Carpenter decision at its word, then what do we make of a document purporting to create a mortgage entirely independent of an obligation to pay? If the Supreme Court is right that a “mortgage can have no separate existence” from a promissory note, then a security agreement that purports to grant a mortgage independent of the promissory note attempts to convey something that cannot exist.
[...]
Many courts have held that a document attempting to convey an interest in realty fails to convey that interest if the document does not name an eligible grantee. Courts around the country have long held that “there must be, in every grant, a grantor, a grantee and a thing granted, and a deed wanting in either essential is absolutely void.”
The parallels between MERS and SegWit are obvious and inescapable.
Note that I am not arguing here that SegWit could be vulnerable to attacks from a strictly legal perspective. (Although that may be possible to.)
I am simply arguing that SegWit, because it encourages deleting the (cryptographic) signature data which defines "bitcoins", could eventually be vulnerable to attacks from a cryptographic perspective.
But I heard that SegWit is safe and tested!
Yeah, we've heard a lot of lies from Blockstream, for years - and meanwhile, they've only succeeded in destroying Bitcoin's market cap, due to unnecessarily high fees and unnecessarily slow transactions.
Now, in response to those legal-based criticisms of SegWit in the article from nChain, several so-called "Bitcoin legal experts" have tried to rebut that those arguments from nChain were somehow "flawed".
But if you read the rebuttals of these "Bitcoin legal experts", they sound a lot like the clueless "experts" who were cheerleading MERS for its "efficiency" - and who ended up costing tens billions of dollars in losses when the "chain of title" for mortgages held in the MERS database became "clouded" after all the crucial "ownership data" got deleted in the name of "efficiency" and "optimization".
In their attempt to rebut the article by nChain, these so-called "Bitcoin legal experts" use soothing language like "optimization" and "pragmatic" to try to lull you into believing that deleting the "chain of (cryptographic) signatures" for your bitcoins will be just as safe as deleting the "chain of (legal) notes" for mortgages:
http://www.coindesk.com/bitcoin-legal-experts-nchain-segwit-criticisms-flawed/
The (unsigned!) article on CoinDesk attempting to rebut Nguyen's article on nChain starts by stating:
Nguyen's criticisms fly in the face of what has emerged as broad support for the network optimization, which has been largely embraced by the network's developers, miners and startups as a pragmatic step forward.
Then it goes on to quote "Bitcoin legal experts" who claim that using SegWit to delete Bitcoin's cryptographic signatures will be just fine:
Marco Santori, a fintech lawyer who leads the blockchain tech team at Cooley LLP, for example, took issue with what he argued was the confused framing of the allegation.
Santori told CoinDesk:
"It took the concept of what is a legal contract, and took the position that if you have a blockchain signature it has something to do with a legal contract."
And:
Stephen Palley, counsel at Washington, DC, law firm Anderson Kill, remarked similarly that the argument perhaps put too much weight on the idea that the "signatures" involved in executing transactions on the bitcoin blockchain were or should be equivalent to signatures used in digital documents.
"It elides the distinction between signature and witness data and a digital signature, and they're two different things," Palley said.
And:
"There are other ways to cryptographically prove a transaction is correctly signed other than having a full node," said BitGo engineer Jameson Lopp. "The assumption that if a transaction is in the blockchain, it's probably valid, is a fairly good guarantee."
Legal experts asserted that, because of this design, it's possible to prove that the transaction occurred between parties, even if those involved did not store signatures.
For this reason, Coin Center director Jerry Brito argued that nChain is overstating the issues that would arise from the absence of this data.
"If you have one-time proof that you have the bitcoin, if you don't have it and I have it, logically it was signed over to me. As long as somebody in the world keeps the signature data and it's accessible, it's fine," he said.
There are several things you can notice here:
  • These so-called "Bitcoin legal experts" are downplaying the importance of signatures in Bitcoin - just like the "experts" behind MERS downplayed the importance of "notes" for mortgages.
  • Satoshi said that a bitcoin is a "chain of digital signatures" - but these "Bitcoin legal experts" are now blithely asserting that we can simply throw the "chain of digital signatures" in the trash - and we can be "fairly" certain that everything will "probably" be ok.
  • The "MERS = SegWit" argument which I'm making is not based on interpreting Bitcoin signatures in any legal sense (although some arguments could be made along those lines).
  • Instead, I'm just arguing that any "ownership database" which deletes its "ownership data" (whether it's MERS or SegWit) is doomed to end in disaster - whether that segregated-and-eventually-deleted "ownership data" is based on law (with MERS), or cryptography (with SegWit).
Who's right - Satoshi or the new "Bitcoin experts"?
You can make up your own mind.
Personally, I will never send / receive / store large sums of money using any "SegWit" bitcoin addresses.
This, is not because of any legal considerations - but simply because I want the full security of "the chain of (cryptographic) signatures" - which, according to the whitepaper, is the very definition of what a bitcoin "is".
Here are the words of Satoshi, from the whitepaper, regarding the "chain of digital signatures":
https://www.bitcoin.com/bitcoin.pdf
We define an electronic coin as a chain of digital signatures. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership.
Does that "chain of digital signatures" sound like something you'd want to throw in the trash??
  • The "clever devs" from AXA-owned Blockstream (and a handful of so-called "Bitcoin legal experts) say "Trust us, it is safe to delete the chain of signatures proving ownership and transfer of bitcoins". They're pushing "SegWit" - the most radical change in the history of Bitcoin. As I have repeatedly discussed, SegWit weakens Bitcoin's security model.
  • The people who support Satoshi's original Bitcoin (and clients which continue to implement it: Bitcoin ABC, Bitcoin Unlimited, Bitcoin, Bitcoin Classic - all supporting "Bitcoin Cash" - ie "Bitcoin" without SegWit) say "Trust no one. You should never delete the chain of signatures proving ownership and transfer of your bitcoins."
  • Satoshi said:

We define an electronic coin as a chain of digital signatures.

  • So, according to Satoshi, a "chain of digital signatures" is the very definition of what a bitcoin is.
  • Meanwhile according to some ignorant / corrupt devs from AXA-owned Blockstream (and a handful of "Bitcoin legal experts") now suddenly it's "probably" "fairly" safe to just throw Satoshi's "chain of digital signatures" in the trash - all in the name of "innovation" and "efficiency" and "optimization" - because they're so very clever.
Who do you think is right?
Finally, here's another blatant lie from SegWit supporters (and small-block supporters)
Let's consider this other important quote from Satoshi's whitepaper above:
A payee can verify the signatures to verify the chain of ownership.
Remember, this is what "small blockers" have always been insisting for years.
They've constantly been saying that "blocks need to be 1 MB!!1 Waah!1!" - even though several years ago the Cornell study showed that blocks could already be 4 MB, with existing hardware and bandwidth.
But small-blockers have always insisted that everyone should store the entire blockchain - so they can verify their own transactions.
But hey, wait a minute!
Now they turn around and try to get you to use SegWit - which allows deleting the very data which insisted that you should download and save locally to verify your own transactions!
So, once again, this exposes the so-called "arguments" of small-blocks supporters as being fake arguments and lies:
  • On the one hand, they (falsely) claim that small blocks are necessary in order for everyone to be run "full nodes" because (they claim) that's the only way people can personally verify all their own transactions. By the way, there are already several errors here with what they're saying:
    • Actually "full nodes" is a misnomer (Blockstream propaganda). The correct terminology is "full wallets", because only miners are actually "nodes".
    • Actually 1 MB "max blocksize" is not necessary for this. The Cornell study showed that we could easily be using 4 MB or 8 MB blocks by now - since, as everyone knows, the average size of most web pages is already over 2 MB, and everyone routinely downloads 2 MB web pages in a matter of seconds, so in 10 minutes you could download - and upload - a lot more than just 2 MB. But whatever.
  • On the other hand, they support SegWit - and the purpose of SegWit is to allow people to delete the "signature data".
    • This conflicts with their argument the everyone should personally verify all their own transactions. For example, above, Coin Center director Jerry Brito was saying: "As long as somebody in the world keeps the signature data and it's accessible, it's fine."
    • So which is it? For years, the "small blockers" told us we needed to all be able to personally verify everything on our own node. And now SegWit supporters are telling us: "Naah - you can just rely on someone else's node."
    • Plus, while the transactions are still being sent around on the wire, the "signature data" is still there - it's just "segregated" - so you're not getting any savings on bandwidth anyways - you'd only get the savings if you delete the "signature data" from storage.
    • Storage is cheap and plentiful, it's never been the "bottleneck" in the system. Bandwidth is the main bottleneck - and SegWit doesn't help that at all, because it still transmits all the data.
Conclusion
So if you're confused by all the arguments from small-blockers and SegWitters, there's a good reason: their "arguments" are total bullshit and lies. They're attempting to contradict and destroy:
  • Satoshi's original design of Bitcoin as a "chain of digital signatures":
"We define an electronic coin as a chain of digital signatures. Each owner transfers the coin to the next by digitally signing a hash of the previous transaction and the public key of the next owner and adding these to the end of the coin. A payee can verify the signatures to verify the chain of ownership."
  • Satoshi's plan for scaling Bitcoin by simply increasing the goddamn blocksize:
Satoshi Nakamoto, October 04, 2010, 07:48:40 PM "It can be phased in, like: if (blocknumber > 115000) maxblocksize = largerlimit / It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete."
https://np.reddit.com/btc/comments/3wo9pb/satoshi_nakamoto_october_04_2010_074840_pm_it_can/
  • The the notorious mortgage database MERS, pushed by clueless and corrupt Wall Street bankers, deleted the "chain of (legal) title" which had been essential to show who conveyed what mortgages to whom - leading to "clouded titles", foreclosure fraud, and robo-signing.
  • The notorious SegWit soft fork / kludge, pushed by clueless and corrupt AXA-owned Blockstream devs, allows deleting the "chain of (cryptographic) signatures" which is essential to show who sent how many bitcoins to whom - which could lead to a catastrophe for people who foolishly use SegWit addresses (which can be avoided: unsafe "SegWit" bitcoin addresses start with a "3" - while safe, "normal" Bitcoin addresses start with a "1").
  • Stay safe and protect your bitcoin investment: Avoid SegWit transactions.
[See the comments from me directly below for links to several articles on MERS, foreclosure fraud, robo-signing, "clouded title", etc.]
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List of all my posts on Truthleaks

Exporting/archiving for posterity.

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Best Headlines of the Day 4/25/2018

BOOM
Bombshell: FEC Records Indicate Hillary Campaign Illegally Laundered $84 Million
http://thefederalist.com/2018/04/24/bombshell-fec-records-indicate-hillary-campaign-illegally-laundered-84-million/
BOOM
As CIA Director, John Brennan Colluded With Russian Spies in Moscow to Set Up Trump & Ensure Hillary Presidency
https://truepundit.com/as-cia-director-john-brennan-colluded-with-russian-spies-in-moscow-to-set-up-trump-ensure-hillary-presidency-report/
BOOM
BREAKING: DOJ will make the 6 months of missing texts that were eventually located by IG between Strzok and Page available to Congress sometime tonight or tomorrow, according to sources...developing
https://twitter.com/SaraCarterDC/status/988900256975872003
BOOM
"Very Pissed Off" Obama DOJ Made "Dramatic" Call To McCabe To Quash Clinton Probe
https://www.zerohedge.com/news/2018-04-24/very-pissed-obama-doj-made-dramatic-call-mccabe-quash-clinton-probe?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
CarTOOM
https://twitter.com/afbranco/status/988787258516897792
https://aim4truthblog.files.wordpress.com/2018/04/turn-off-tv.jpg?w=606&h=393
https://aim4truthblog.files.wordpress.com/2018/04/we-beat-hillary.jpg
BOOM (You're Welcome)
How Reddit Ruined The Hillary Clinton Campaign
http://dailycaller.com/2016/09/22/how-reddit-ruined-the-hillary-clinton-campaign/
BOOM
‘OK, I’ll say it: bitcoin is a scam,’ says the former CEO of PayPal and Intuit
https://www.marketwatch.com/story/this-is-the-greatest-scam-ever-according-to-former-ceo-of-both-paypal-and-intuit-2018-04-24
BOOM
Suspicious event hijacks Amazon traffic for 2 hours, steals cryptocurrency
https://arstechnica.com/information-technology/2018/04/suspicious-event-hijacks-amazon-traffic-for-2-hours-steals-cryptocurrency/
BOOM
Rep. Devin Nunes: I Believe Comey Gave His Classified Memos to “Several People” (VIDEO) ---- (Comey goes to jail)
http://www.thegatewaypundit.com/2018/04/rep-devin-nunes-i-believe-comey-gave-his-classified-memos-to-several-people-video/
BOOM
PIZZAGATE: ALLISON MACK ARRESTED, MORE POLITICIANS CONNECTED TO HOLLYWOOD SEX CULT NXIVM?
https://www.abeldanger.org/pizzagate-allison-mack-arrested-more-politicians-connected-to-hollywood-sex-cult-nxivm/
BOOM
STUDY: UN Climate Model Predictions Are ‘Inconsistent’ With Real Temperature Trends
https://archive.li/1z90b
BOOM
OFFICIAL REPORT: Sex Cult Hacked Hillary Clinton’s Emails --- (Meaning the baddies all know each others' secrets, FBI has a copy too; everyone knows everything but the public)
https://bigleaguepolitics.com/official-report-sex-cult-hacked-hillary-clintons-emails/
BOOM
'This is everything the Russian collusion story was supposed to be, except replace Republicans with Democrats, Russians with Pakistanis, multiple it by 100 and make it actually true'
https://twitter.com/lukerosiak/status/988895228647149568
(Luke Rosiak will win a Pulitzer Prize btw)
BOOM
James Woods on Twatter: Here’s the real violation of our presidential election of 2016.
https://twitter.com/RealJamesWoods/status/988821933847281664
BOOM
Facebook Has Hosted Stolen Identities and Social Security Numbers for Years The social security numbers, addresses, phone numbers, and alleged credit card numbers of dozens of people are being advertised and sold on Facebook. The internet giant deleted some of them after Motherboard flagged the posts.
https://motherboard.vice.com/en_us/article/9kgjme/facebook-hosted-stolen-identities-and-social-security-numbers
Ok that's enough booms for a whole week. They were compressed into one day though. Big News day> Ohmagerhd
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AMA Brandan Eich - Creator of Javascript, Mozilla Firefox & Brave Software in Ark slack

boldninja @brendaneich hi Brendan welcome to Ark slack - Brendan is the creator of JavaScript, co-founder of Mozilla / Firefox & Brave Software and today we'll host AMA with him regarding his upcoming project http://basicattentiontoken.org/ BasicAttentionToken
moobox i think i'm gonna forget about bitbay and keep it
dr10 hi brendan
brendaneich hi
dr10 nice to have you here :smile:
boldninja hi Brendan - thanks for joining us today
brendaneich happy to be here @boldninja
tranzer hi @brendaneich , I have a question regarding BAT. Will you have limited number of tokens or will you have inflation? When do you plan to start ICO? (edited)
michaelthecryptoguy Hello Brendan. Nice to have you in the ark community slack channel
mward Hello
moobox the ironies of old age. you can afford the sports car you dreamed of as a kid, but your back hurts too much to sit in it.
dr10 Will Mozilla- and Chrome-Plugins be usuable for Brave browser? Will Brave Browser be able to sync bookmarks?
mike hi brendan
cannabanana is the BAT token just an ETH asset or will it be a new blockchain technology? if the first, why ETH instead of your own block chain? :smile: (edited)
brendaneich @dr10 two questions, first one first
jonathansampson @dr10 Chrome extensions are supported today, I wrote a short walkthrough on how we (I'm an engineer on Brave) test extensions before adopting for official support. https://blog.brave.com/loading-chrome-extensions-in-brave/ Happy to answer any questions you may have. (edited)
brendaneich 1. Brave on laptop/desktop uses chromium and we support chromium extensions, but curate them into our own S3 from the Chrome Web Store ah, there is @jonathansampson on to second q
jakethepanda @brendaneich How will Brave detect bots designed to give fake attention? (edited)
brendaneich 2. Brave's client-encrypted sync is in beta now, if you use iOS i can connect you with the devs to get a beta build. it works between laptop/desktop systems already, and is coming up in Android too @cannabanana BAT is an ERC20 token on Ethereum. we need smart contracts and benefit from multiple token launches proving the tech and approach no desire to do our own blockchain
mward The BAT wallet will be implemented in Brave browser as a plug-in?
brendaneich we are pragmatists, use bitcoin already in Brave for auto-microdonations
cannabanana will you only accept ethereum for the ICO or will you also be accepting bitcoin?
brendaneich @jakethepanda please see https://www.reddit.com/BATProject/comments/61kw7f/question/dfxkuus/ reddit Question • BATProject We have answers, you may not be surprised by them: 1. Rate-limiting. Bots can fake human ad viewing (see https://whiteops.com/methbot), but we'll... @mward no, deeper integration than an extension (plugin still is overloaded for old-style stuff like Flash) can have
brendaneich @cannabanana ETH only, as BAT is an ERC20 token -- we are not launching a new exchange or anything, so other currencies have to be exchanged to buy BAT
boldninja When do you plan to start your initial token offer, will there be any hard cap?
jakethepanda @brendaneich Is this right? Users opt into the BAT system and get paid for their attention. Advertisers pay for ads with BAT. Through a smart contract, BAT is unlocked as users give the ad attention. The unlocked BAT is split up between users, Brave, and publishers.
brendaneich @mward we have BitGo provided bitcoin wallet integration in Brave already, ofc the wallet is on the blockchain not in Brave but the deeper integration is for the private, "chartbeats in your browser" auto-microdonation analytics, and the anonize.org-based ZKP protocol over VPN to communicate your donations w/o loss of anonymity or fingerprinting via the list of your top sites
@jakethepanda that is the goal but doing it with real-time BAT flow is in the future, the "Apollo" (or Mars mission) space program phase; we're in "Mercury Redstone" rn, monkeys in buckets on parabolic paths
nt91 When is ico
brendaneich @boldninja @nt91 we haven't announced the date but will very (very) soon, just getting logistics and final audits done
@boldninja cap is $15M of ETH so we have to pin the ratio close to launch given recent vol.
dr10 How will you get Brave Browser to the masses? Any marketing campaign you like to sum up? Any bigger announcement or plan?
jakethepanda How is the split determined between users, publishers and Brave?
brendaneich @dr10 we are growing, mostly organically right now, under 1M MAU but we will (in best case of crowdsale) spend more to growth-hack, which is advertising + funnel analytics / retention analysis loop
tranzer @brendaneich don't know if you have been following tokencard ICO, but they had kind of a fuckup with their smart contract, also they didn't give their address of contract literally before it started. How will you go about this? Will smart contract, address be known beforehand?
brendaneich an important point: if we hit cap we will found a trade group for attention apps and get other apps on board to use BAT and help us get to scale faster with buy side of ad-tech system, also with bigger donor cohorts via membership in trade association
nt91 Once launched how quickly isit likely to join the exchange
brendaneich @tranzer we followed that closely, it was Not Good. we are using a super-simple contract based on FirstBlood, Golem, StandardToken
mward How will you make the crowdsale? Like Gnosis? (Dutch action) The BAT token wil have fixed price at the time of ico?
brendaneich @nt91 can't say, not our biz and we are building the "in game" economics first so exchanges can come any time
brendaneich @mward fixed ratio of BAT for ETH
fixcrypt @brendaneich will all the tx recorded on eth blockchain, or will you manage some sort of payment channels?
dr10 Do you plan to integrate decentralized VPN or Tor-Like stuff? Your browser is really fast, will these things slow it down? Or didnt plan any of this?
brendaneich @fixcrypt all on chain, no preselling, no funny stuff -- we believe in simplicity first, given all the experience in this space
mike would you be interested in using a different blockchain to eliminate all the overhead of paying such a huge network of computers on ethereum to each process every single contract on each computer? (edited)
cannabanana I hope you guys will reconsider accepting more than just eth for the ICO. I have not been able to invest in any of the past like 5 good ones. There's a whole segment of people who wont touch ETH.
tranzer @brendaneich ok I know this is not about BAT, but did you know that Ark is built in JavaScript :smile: ?
fixcrypt @brendaneich how many tx are we talking about? 1 each time there is a basic attention detected? (edited)
brendaneich @dr10 we are going to do Tor private tabs, see https://github.com/brave/browser-laptop/wiki/Brave-Tor-Support GitHub brave/browser-laptop browser-laptop - Brave browser for Desktop and Laptop computers running Windows, OSX, and Linux
we will make it possible to pick a region for exit node from Tor relay network -- so you can unlock region-locked videos, e.g.
yes, Tor slows things down and Tor private tabs turn on fingerprinting protection, turn off most JS, etc. -- that's a good thing
michaelthecryptoguy Very Nice!!
brendaneich @mike i'm a pragmatist and will use whatever blockchain is big enough, robust enough, has functionality we need (smart contracts, ZKP anonymity coming along, etc.). Zcash adding token support this fall, i hear. we don't multiply risk by jumping on bandwagons whose wheels are still off :wink:. we do not try 10 hard things at once -- space program from monkey in can to moon
@cannabanana we are launching an ERC20 token on Ethereum, you buy with ETH, we are not an exchange
the few launches whose contracts hardcoded a bitcoin address were launching exchange-like projects, so could take the risk
we are not doing that
separate concerns
@tranzer i heard :wink:
twitchard What do you think the adoption function for BAT looks like. Do you think there's a critical mass at which adoption will drastically speed up? Or do you think it is more gradual
brendaneich @fixcrypt no, in early phases of BAT program we cannot put each attention event on chain
obv. the chain is too costly, also: not anonymous! big tracking prob
fixcrypt agree
brendaneich we build in hybrid fashion
Brave already has anonize.org v2 ZKP integrated
requires centralized but open source accounting server
fixcrypt ah yes make sense
brendaneich we'd like someone else to run that (escrow, also could add exchange to fiat as publishers like being paid in fiat)
dr10 Can I visit websites, that block Users, that use addblock? Is there a way to work around this? Currently I use brave browser and some pages block me, because of using addblock. What is your solution to this or do you think these website will change their behaviour?
brendaneich if we can do server to client remote attestation (see https://www.npmjs.com/package/secureworker) we will npm secureworker Run JavaScript inside an Intel SGX enclave
jonathansampson @dr10 That's a bug; let us know which sites are detecting Brave as an ad-blocker, and we'll file Issues on GitHub. We're constantly making improvements in this space, and recalibrating as necessary :slightly_smiling_face:
brendaneich eventually it should all decentralize but that requires the blockchain (a blockchain; could be red-headed lovechild of Ethereum and Zcash lol) to do anonymity and microtransactions both very well
fixcrypt so payment are done on blockchain, but it basically validates on a daily basis a centralised payment channel between all stakeholders
mike like the chart on ad percentages of sites in the whitepaper. I've noticed for a long time the mainstream news sites are the worst to go to, a literal assault on the browser visiting them - have avoided going to them as a result, think you're on to something to mitigate this.
dr10 I visited a german boulevard magazine www.bild.de
brendaneich bild.de makes my eyes bleed
dr10 so normally this wouldnt be the case?
yeah its just an example lol
because I know they block addblock people
jonathansampson @dr10 I'll file an issue immediately!
brendaneich @dr10 we get around forbes, wired, latimes, many other anti-adblockers
michaelthecryptoguy Will these be done on a multi - channel?
brendaneich publishers who put up such user-hostile dialogs tend to lose alexa/comscore share
gotta catch up on the Qs
@fixcrypt next
tell me if i missed you
fixcrypt no pb
tranzer Haven't used Brave yet, might try after today, but is it same memory hungry as Chrome is?
twitchard :wave:
1nfinite concerning the ICO - will there only be one? meaning all 700m coins will be distributed through this initial $15m ICO (meaning $1 will net you about 46BAT)? sorry if I'm misunderstanding some of the info you've put out in asking this
dr10 What if I want to support Live-Streams (twitch) or youtube videos by watching their ad (which is not part of the brave system) Can I still turn off this mechanism?
brendaneich @fixcrypt yes, we buffer automicrodonations over 30 days of your uptime (varies by user; if you go on vacation those days don't count) and send Anonize ZKP votes (one per voting session, all over VPN) to our accounting server, along with the total bitcoin per 30 days you pledged. this goes into settlement wallet, the votes go into accounting db
we want to decentralize this as noted, just repeating in case anyone missed
fixcrypt decentralize this will be hard, maybe when segwit is enabled on bitcoin, but ETH, i have no idea (edited)
brendaneich @michaelthecryptoguy sorry, what did you mean by multi-channel?
jonathansampson @dr10 You can track the bild.de issue here: https://github.com/brave/browser-laptop/issues/6758 (Thank you again for reporting) (edited)
fixcrypt i think decentralizing everything is not always the best solution
brendaneich @tranzer we use less memory than chrome by virtue of ad and tracker blocking but we have some bugs to fix pre-1.0 (which i think will be in june) -- i use brave on all OSes, also use a bit of other browsers to keep up with joneses but i've cut back and tried to live in brave. on macOS i am still bugged by mem use (i'm a tab hoarder) and some lag bugs but we are on them -- will fix this month!
michaelthecryptoguy one blockchain ledger with multiple transactions, instead of being signed one at a time (edited)
brendaneich @1nfinite yes, selling 700M, floating 300M on side for user growth pool (100M), trade association, team, and future reserve
1nfinite thanks!
tranzer so 70% to ICO and 30% for team / user growth? Sounds reasonable (more than gnosis :joy: )
moobox this is great to talk to brave devs - pls to make websites look like this: http://i.imgur.com/00mQ8mc.png (173kB)
brendaneich @fixcrypt you could be right, centralization or let's say trusted third parties have existed since at least agriculture (10K years?) so we as pragmatists must consider some -- but we don't like "trust me" / "don't be evil", we prefer "trust Math" / "can't be evil"
michaelthecryptoguy then the last transaction is added to the blockchain
dafty what failsafes are planned to stop bots (eg, running selenium) from mocking a real human and gaining bat tokens? how do you know a user is actually a user?
jonathansampson @moobox We will support themes in a future release, as well as extensions to modify page presentation. If you have any favorites, please let us know :slightly_smiling_face:
moobox thank you sir
michaelthecryptoguy to improve the cost of using eth network
dr10 There are lot of small companies, Twitch/Youtube content creators which live by ads. These ads aren't yet part of the Brave-System. Will there be a smooth transition? Can I still turn off the brave-mechanism and watch these ordinairy ads, to support individuals or are they forced to switch over to Brave?
fixcrypt @brendaneich trust the code that can be hacked, or trust the people that can be evil… Make your choice. DAO vs Banks
brendaneich @michaelthecryptoguy yes, we must batch -- at first in-browser. auditable open source required, verified builds if OS/toolchain support them. there is a level of endpoint software trust in any attention ecosystem but part of the trade association idea is to standardize stuff, including ZKP and VPN rules for submitting the private ledger to the blockchain or equivalent, also auditing requirements to use BAT
cannabanana I trust bitcoin but I don't trust bitmain is not evil
brendaneich @moobox are you just asking for a dark theme? on our roadmap
moobox well this is a plugin for firefox that swaps out all website colors - nothing like it for chrome yet except an ugllly one
brendaneich @tranzer yeah, GNO didn't sell enough IMHO but i'm not on team so won't throw stones -- just sayin' as observer
mward Why only 15M$ max? Don't you think the ico will end very fast?
moobox i am just hoping maybe some person sees it and says "i want that too"
tranzer @brendaneich are you still active in JavaScript development? Could there be any kind of cooperation with Ark in the future (also asking main dev of Ark @fixcrypt ) ?
brendaneich @dafty did you see the reddit link above? besides real (costs money, boots on ground; we're evaluating Blockscore rn) KYC, we have rate limits in mind based on humans, and flow limits so a compromised real user or convincing fraudster can't get $MMs of BATs from friends and family and then pass KYC to send off to a mixer
cannabanana :trollbounce: not to mention two of us are in the bay area
brendaneich start with in-game economics, no exchanges
1nfinite any chance you'll incorporate certain requirements for investments above xx number of Eth for the crowdsale? to prevent 20 big players from buying up the whole thing?
axente How are you guys legally setup? Swiss foundation?
jonathansampson @moobox We have heard similar requests from other users, and are eagerly working towards a release that supports both theming of the browser, and styling of the content. Let us know if you have any other ideas/requests :slightly_smiling_face:
brendaneich add KYC on publishers getting donations (done in prototype form in Brave using bitcoin rn)
add KYC for users wanting to withdraw -- this also means rate/flow controls
fixcrypt @tranzer well the only point would be to use ark as the payment network, instead of ETH, i don’t see any other interaction. Also maybe make brave agnostic enough so people can choose their network payment
brendaneich but for many users the opt-in zero-knowledge ad revenue is not enough to withdraw and they'll donate it
you can net-zero your monthly spend: make ad rev on non-top-20 sites, donate to top 20
I should add we want to start with user-private ad channels, like WeChat
we won't put ads on publishers's slots without their consent and partnership
some will come fast but bigs will be slow
so we're looking for user private ads: in separate tab, wechat-like bot, fullscreen channel, etc.
these can pay most rev share to user
still rate limited, no couch potato as a service lol
dr10 what about the twitch/youtube question? How could this work out?
brendaneich @dr10 we've always had a design that denotes payee with URL including path to youtube/twitch account, not just domain name
but we start with domain name for beta/MVP
will get team on twitch/youtube in coming months, it's hot topic
everyone wants it, we're just busy (24 people now)
crowdsale will help
can hire more to parallelize a bit
dr10 so you are working on a solution to pay off individuals within the brave-system, right?
@ yt / twitch
brendaneich @mward we debated cap on basicattentiontoken.slack.com and consensus was to keep at $15M -- but a few still suggest raising or no cap, much concern about fast sell-out and whales buying too much
mward yes, that is my concern.
look at gnosis distribution..
brendaneich @tranzer yes, i'm on Ecma TC39 and still active / consulted
mward you need a lot of small investors, not whales
dr10 When you implement Tor-like stuff. Can I also Download stuff via ToVpn? just using the Tor-Tab to download
brendaneich @1nfinite we aren't going to change the contracts, in third audit currently. we can't really limit whales who have tools to buy from lots of addresses
@axente we are not swiss but looking at tax optimization structures pre-launch; brave is delaware (US) c corp; trade group would be 501c6, need to pass IRS muster so that is many months after launch
axente Oke thanks
1nfinite got it, thanks. So will there be a cap for how much can be donated per address?
brendaneich @fixcrypt code is hacked, security never done; no silver bullets. but people are easier to hack and hack themselves lol
dr10 Is the brave browser running in a sandbox like chrome?
dafty how are inappropriate ads handled on the network, is there some form of reputation system for advertisers?
brendaneich @mward GNO sold too little, cetaceans eat too much agreed. GNT sold more and we can't find on-chain huge buys
@dr10 use Tor private tab, yeah
jonathansampson @dr10 That is correct.
brendaneich btw does everyone know Brave supports magnet: and .torrent now via WebTorrent integration?
@dr10 yes, we use chromium with the same sandbox -- had to fork electron hard (twice) to do this, btw. Slack uses unsandboxed chromium renderer processes :disappointed:
tranzer I think I'm sold on brave today will definately try it out
jonathansampson @tranzer Awesome. Let us know if you have any feedback!
brendaneich @dafty we haven't taken any ads at all yet so start from clean slate. no exchanges, ads bearing malware get thru, also https://whiteops.com/methbot fraud on sell side steals revenue by putting real ads into fake slots clicked by fake users whiteops.com Methbot | White Ops Digital Advertising Security. Enterprise Security Solutions. Bots are bad for business; we're bad for bots. (4kB)
our plan is to go direct to agencies who get ads from brands
our ads are opt in
no surprises for our users who want and expect baseline Brave to block
djselery @brendaneich what are your feelings about IPFS?
dr10 Will the Paying/receiving of tokens in the brave system be easy to understand for non-tech people? Is there some kind of tutorial or easy buttons or something like that? This is a total new environment for people. You have any plans for "educating" people or making it easy to use. Like a browser-integrated Balance? Easy overviews?
brendaneich if you opt in, you can start with light touch but to get BAT out you must KYC
@dr10 have you used Brave Payments (beta) yet? the support is built in
usable UX
tranzer will you need to do KYC also if you transfer to Brave and after that decide to put it out on exchange?
brendaneich we are moving (with new name, not "Payments") to second beta with Stripe as partner for users to fund automicrodonation wallet without seeing bitcoin
dr10 I have it installed and browse with it, but it is not taking me by the hand. I wouldnt know whats going it. I will look deeper into it.
brendaneich @djselery juan DMed me and we chatted about their JS implementation following WebTorrent into Brave -- it could happen. couldn't take the Go impl :wink:
@tranzer if you buy BATs as investor, no KYC -- just send ETH to token contract once launched, get BAT back
dr10 Maybe implementing something like a tutorial when starting brave browser would be nice. I am thinking of people who dont know any of this stuff and are not interested into researching it a whole lot
alexius89 @brendaneich are there partnerships with any exchanges (Bittrex, Bitshares etc.) planned or already confirmed after the crowdfund has ended?
geezee @brendaneich you should accept ARK :smile: :smile:
brendaneich @tranzer if you are a user of Brave after we launch BAT and have it integrated, and want to opt into ads, no KYC at first but the funds (to which you will have multisig custody, similar to bitcoin setup with BitGo wallet today in Brave for donations) flow in API-keyed and browser-automated fashion toward the accounting server that settles donations behind the anonize barrier
@tranzer if you want to send BATs from your wallet to other destinations then KYC needed
@dr10 go to Preferences / Payments; the Coinbase buy widget integration is US-only and a bit much for average users, wherefore our Stripe partnership
if you have BTC already, you can just fund your wallet and start
we have pinning (Patreon in the browser) in 0.15.2 now
so you can support sites with x% of your monthly budget whether you browse there or not
dr10 Will I earn more then I pay, when I chose to accept to watch these ads?
brendaneich @dr10 you don't have to pay at all, you can just earn
both donations (currently and in future) and ads (still to come, after BAT launch) are opt-in and separate
dr10 so basically what you say... the average dude can earn money just by browsing? It will be of couse small amounts, but better then nothing
fixcrypt @brendaneich on a business model side, is Brave team earning directly from this (ie part of the revenue redirected to the team for further development)?
tranzer Will bat have finitive coins and nothing added after few years or is there some subsection where you can increase token numbers via smart contract in the future ?
brendaneich @fixcrypt we are selling 70% and 30% floats on side. 10% is user growth pool. remaining 20% is reserves for team, bat.org (shorthand for basicattentiontoken.org; also have attentiontoken.org, attentioneconomics.org) and poss. user growth reserve
dr10 what if nobody choses to donate to pay money to the ad-publishers/BAT. doesnt the concept break down? I mean many people just want to earn. They watch these ads and get money.
brendaneich @fixcrypt biz model for Brave is not fundraising, though -- that's mostly burned down as non-recurring engineering, marketing (ads and growth hacking), etc.
biz model is small percentage (currently 5%) of automicrodonation gross, and larger (maybe 15%) off gross ad spend
these will be public numbers, we want transparency
if we do user-private ads, 85% of rev could go to user
part of Brave's brand is a set of promises: your data only on your devices in clear; we don't track, or store cleartext; rev share to you for opt-in ads at least as our share.
fixcrypt @brendaneich i see some maintenance with regular upgrades from chrome and advertisers relationship, so it needs a regular funding from transations i agree.
brendaneich @dr10 if everyone free-rides then system collapses; note this is risk today on Web, without Brave (which is small-share browser)
on Web today you can use a strong ad blocker like Brave, or Chrome+uBO+Disconnect.me
fixcrypt also will the revenue from donations will be contractual on the blockchain?
cannabanana do you have a contingency plan in case of critical ETH failure in the future?
brendaneich @tranzer contract is super-simple, we are making 1e9 BATs, no plans for more. can subdivide, expect appreciation but then use mostly as medium of exchange and unit of account, not store of value. don't want everyone hoarding. as with real world economies if everyone saved the system would collapse
michaelthecryptoguy for example the double spend issue like bitcoin had
dr10 What are your arguments for people donating for ads/keeping the money circulated. Why shouldn't they just cash-out their money?
Can you tell me an example of how much I would earn by browsing an hour? What is it depending on? Is there a good example to tell to people?
tranzer How are you going to counter exchange BAT price fluctuations? We all know tokens are highly volatile can go up 200% in a day or fall 50% in a day. How will you determine how much is someone paid ? Will you use USD value at time of contract with publisher / advertiser?
cannabanana @brendaneich wouldn't it be better to have a better distribution of BAT tokens during the ICO? currently in our environment with ICOs which have been selling out instantly is that there are like 10 whale ETH investors who get all the coins and hoard leaving out like 99.5% of the people who would have invested. (edited)
dr10 Dont know if I missed it. How much BAT will I get for 1 ETH?
fixcrypt @tranzer agree volatility is something advertisers don’t like (edited)
brendaneich @fixcrypt good q about transactional on blockchain, we do it all on bitcoin blockchain currently. we want transparency
have i mentioned ad tech is full of non-transparency, price gouging, etc.?
see http://digiday.com/marketing/proverbial-black-box-open-exchange-auctions-transparency-problem/ Digiday ‘A proverbial black box’: Open-exchange auctions have a transparency problem - Digiday Demand-side platforms are unclear about how supply-side platforms charge their publisher partners, and they can't tell if a bid price is inflated. (199kB) Yesterday at 6:00 AM
@dr10 we haven't pinned the ratio and won't till close to launch date in view of ETH volatility
we are raising $15M equiv
dr10 tranzers question is good
like to know that too
brendaneich @cannabanana global war, giant meteor impact, etc. -- "exiguous circumstances" -- leave us with no good alternative, i mean this in deep civilizational sense. BAT launch will be least of our concerns. Short of these, the risk to Ethereum is low. could have primal flaw in design exposed. would have to rebase on another blockchain -- would be hard, tons of risk
catching up...
cannabanana do you guys even believe in blockchain?
tranzer Rebase to Ark :trollbounce:
cannabanana ok, nm.
brendaneich @tranzer can't volatility hedge yet (gamma hedge) as far as i know -- anyone know diff?
@cannabanana i believe in blockchain -- as with standards, the great thing about blockchains is there are so many :stuck_out_tongue:
@cannabanana we see no whalesign in GNT; if you mean GNO, see above. they sold too little
cannabanana well I also believe but not in ETH so you are basically only allowing ETH believers to partake in your project
michaelthecryptoguy Wow!! You are doing great @ brendaneich :goodjob: In the dedication and effort department! ::ghostfaceuk_node: (edited)
mward @cannabanana you can simply exchange btc to eth for ico. After ico ends and you have tokens, sell them for profit :trollbounce:
cannabanana and many projects recently "sold out" within minutes by 2m equivalent single transactions
@mward I wont ever buy any eth ever
brendaneich @cannabanana we are not religious about it, as noted above: tokens on Ethereum are proven tech (still young, mistakes and latent bugs, risk for sure but less than alternative token/smart-contract platforms). we are using Ethereum for smart contract based tokens and that's it
cannabanana that's not the point
you still must believe in it if you are only accepting eth
brendaneich @cannabanana did you actually check "many projects" to prove whalesign? we looked at some and aside from GNO couldn't find it
cannabanana :slightly_smiling_face: g/l
brendaneich @cannabanana we believe stuff, yes; have to believe to get up in morning, do anything
cannabanana i've been following altcoins since 2013
yes, i've seen them sell out in minutes
brendaneich but we are not Ethereum true believers in some zealot sense
cannabanana then why not accept bitcoin for the ICO
because of hte risk you said.
brendaneich i will say ETH price rise is scary; but EEA (JP Morgan -- federal reserve founder!) backing Ethereum is huge
mike i had a very bad experience with HEAT using Ethereum, still have to pursue it to track it down - time consuming so have put it off. Used an online wallet, jaxx, i think, since installing and waiting days for blockchain was a lot more than i wanted to deal with. Maybe there are better alternatives now.
cannabanana sorry man, didnt mean to hijack your ama
brendaneich @cannabanana accept bitcoin how?
hardcode a bitcoin address in the token contract?
Zooko's XCAT scheme?
it's cool but no thanks
K.I.S.S. rules
we will not multiply risk (odds ratios) of independent events
that's a good way to die
cannabanana wow you are a jerkoff man
I just wanted to invest in your project
but wont touch eth
brendaneich i was at a startup before Netscape (MicroUnity), talked to Jim Clark when I got to Netscape. said "we were doing ten hard things at once that all had to work for success" and Clark said "odds were 1e-10!"
cannabanana good god, good for you man
1nfinite way to be respectful @cannabanana - just because of some feud you have with ETH, too
brendaneich @cannabanana i'm not the one calling names here
techbytes let's not digress... stay on topic please
brendaneich i do like XCAT, check it out. cross chain atomic transactions
1nfinite thanks for the transparency here and taking the time to answer our questions @brendaneich
brendaneich np
i think i'm over time
did i miss anyone's q?
dr10 dr10 What are your arguments for people donating for ads/keeping the money circulated. Why shouldn't they just cash-out their money?
Can you tell me an example of how much I would earn by browsing an hour? What is it depending on? Is there a good example to tell to people?
brendaneich @dr10 thanks
dr10 np :smile:
tranzer Thanks brendan for answering all of my questions - good luck with the project I'll be sure to participate
brendaneich if people see ads and cash out, the ad business is working and perhaps it dominates
moobox thank you for answering my questions also
brendaneich today's web relies mostly on ads, few paywalls and they convert poorly
i have a feeling with automatic, anonymous microdonations and payments we will see more of that and less reliance on ads
but cannot count ads out, for sure
mike any chance of eliminating the KYC so people can just withdraw their BAT and trade it?
brendaneich @dr10 comScore had a figure of 100 page views per user per day
devin Bitcoin is to slow
mike i don't see where kyc adds any value for the users.
tranzer @mike you won't need KYC if you are just going to trade as far as I got this (edited)
brendaneich assume we partner on one ad per page (just for easy math; i don't like this model and think user-private ad channel with one ad per day might be much better)
100 ad impressions per day, 3000/month, if $3CPM that is $9/month
twitchard Is there some way/what do you think would be the best way for developers interested in advancing your mission to contribute?
brendaneich if we put the ads in user private channel and share 85% to user, that is $7.65/month to user
$3CPM is low figure
dr10 CPM means?
mike like the idea very much over all.
noslawxtrafries cost per impression I believe
brendaneich it's an ad cost model: Cost Per Mille (Mille from Latin for 1000 impressions)
video ads pay more; not just CPM but CPX for X = watch a video by quartiles; watch to end; click on download promotion after end (usually game ad)
mike so KYC is just to withdraw to fiat, but to withdraw to an exchange or another wallet is unrestricted?
brendaneich @devin yes, bitcoin too slow; no privacy either (edited)
devin Screw bitcoin
I want a project that accepts both
brendaneich @mike KYC is required or fraud kills the system faster than regulators (who will kill it too) (edited)
@devin there are projects doing this but they are "upstream" of ours
dr10 What are your 3 major arguments for mass adoption of Brave Browser. - Some Slogan you would give to magazines, etc.
brendaneich Fast (3-7x, see next link), Private, and you get paid for your attention
but remember we want the 501c6 trade association if we sell out. BAT is for multiple apps
mike have you looked at Blockstack for ID as an alternative to KYC?
brendaneich more than Brave
@mike yes (I know founders and saw them recently); that doesn't help
dr10 yeah but Brave will be the flagship of BAT token, right? Or any other big vision planned? (edited)
brendaneich @dr10 Brave will be first, yes
eventually everything here should be a standard
nothing's proprietary
twitchard Could BAT be implemented as a plugin/extension to other browsers? (Would it be more practical to fork?) (edited)
dr10 good question
mike or is KYC just needed for a threshold to withdraw above. it does seem there would be a pratical limit of how much organic ad traffic a user would be exposed to.
brendaneich blockchain, ZKP, even functional specs for KYC, definitely payments -- all should be standards used by lots of apps and services and people
@mike please find "rate" and "flow" above
ryano Dpos is probably the best consensus approach for things like this
devin @brendaneich thanks
brendaneich @twitchard BAT in extension is unclear as extensions have limited APIs, and often must be loaded from a store that has rules
kik got thrown out of iOS app store for doing its own payments some years back
CWS kicked out Ad Nauseum
mike i can see where someting is needed to mitigate clickfarms in low wage regions.
brendaneich i'm half hour overtime so have to go soon
@mike yes, and sybil attacks to route funds to a mule
stuff like that
ryano Thanks for your time Brendan
twitchard Thank you
brendaneich np, it was fun (except for the jerkoff thing :-/)
tranzer Thanks good luck
dr10 thank you very much
ryano Let me guess canna ?
cannabanana lol
man I asked a legit question and got shit on
so fuck it
jakethepanda Hi everyone. As Brendan mentioned, he will be wrapping up the AMA. @brendaneich Thank you for your time.
1nfinite thanks @brendaneich , learned a lot just from the terminology you've been using. Will spend time looking into all this, but your project sounds great
ryano Still dude, it's not good if you are predictably the one causing trouble
brendaneich @dr10 here's the "Fast" money shot
cannabanana well some people can't all be agreeable
brendaneich uploaded this image: Pasted image at 2017-05-09, 10:33 AM Add Comment
ryano You are the only one where this is an ongoing issue
It's bad for our community
cannabanana no, it's not. it's good because I give a different perspective on things. I'm not like you and I don't agree.
you think the success of ark has been on the backs of all the "good" ones?
brendaneich @cannabanana us taking ETH and me giving the reasons why we won't multiply risk is not me shitting on you -- we will have to just miss out on you this time. i wish we could take multiple currencies but it's an exchange problem at this point. maybe XCATs help in future
cannabanana I asked a legit question about what if it fails. what about hte investors?
is that not a legit question?
1nfinite WHAT ABOUT CONSUMERS????
cannabanana if you want me to put money in, I want to put in something I believe in
not something I dont
mike yes, if they want to stick with ETH, it's their call. Obviously plenty of ICOs have been successful with it, so it will continue in the future.
cannabanana consumers too, it's the same thing if it fails then the system is gone then the peopel who bought the bat to use are all out too.
brendaneich @cannabanana that's (https://arkecosystem.slack.com/archives/C41QFMCKH/p1494351381880292) fair and it means in a market, sometimes you don't make a deal -- you hold out for better product later (edited)
calling names and getting mad because someone won't do what you demand -- not fair. my 2 cents anyway
ryano You can't be calling guests jerk offs and trolls every time they don't tell you what you want. This is an ongoing issue with you. Nobody else here is lashing out at people except you and there are nearly 2000 people here.
jamiec79 oh lordy...
jamie exits the room quietly
cannabanana you know what nm
techbytes @brendaneich appreciate you stopping by today. Will put AMA on Reddit for others to find out more about your project.
brendaneich @techbytes thanks for having me
ryano Thanks Brendan
nt91 Brendan thank you for coming
ominous.shark Yeah, thanks for the AMA! @brendaneich ARK community appreciates it!
mike thanks for taking the time to talk with us about BAT, good luck with it.
michaelthecryptoguy :goodjob: Brendan and :goodluck: with the BAT ICO (edited)
boldninja Thanks @brendaneich - good luck with BAT
brendaneich thanks again
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Subreddit Stats: Economics top posts from 2016-12-11 to 2017-12-10 14:09 PDT

Period: 363.96 days
Submissions Comments
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    6. The world’s most valuable resource is no longer oil, but data (2200 points, 198 comments)
    7. Employees Who Stay In Companies Longer Than Two Years Get Paid 50% Less (1873 points, 260 comments)
    8. Student Loan Debt Is Now As Big as the U.S. Junk Market (1392 points, 380 comments)
    9. The tech sector is leaving the rest of the US economy in its dust (614 points, 235 comments)
    10. The Countries Most (and Least) Likely to be Affected by Automation. Japan is at the top with 55.7% while the US is at 45.8%. (532 points, 138 comments)
  2. 19191 points, 26 submissions: jimrosenz
    1. Warren Buffett wins $1M bet made a decade ago that the S&P 500 stock index would outperform hedge funds (7205 points, 402 comments)
    2. The Gender Pay Gap Is Largely Because of Motherhood (3325 points, 661 comments)
    3. 'Negligible' link between executive pay and firm's performance, says study (1561 points, 165 comments)
    4. We need to challenge the myth that the rich are specially-talented wealth creators (1231 points, 552 comments)
    5. Will MySpace ever lose its monopoly? (2007) (1219 points, 193 comments)
    6. Should the Government Bring Back Trust-Busting? (1093 points, 201 comments)
    7. Economics isn't a bogus science — we just don't use it correctly (625 points, 176 comments)
    8. ‘Exclusionary zoning’ is opportunity hoarding by upper middle class (559 points, 240 comments)
    9. Index Funds Are Great for Investors, Risky for Corporate Governance (358 points, 75 comments)
    10. Milton Friedman's Cherished Theory Is Laid to Rest (324 points, 156 comments)
  3. 15893 points, 26 submissions: ghostofpennwast
    1. Student Debt Is a Major Reason Millennials Aren't Buying Homes (2228 points, 487 comments)
    2. Americans Are Paying $38 to Collect $1 of Student Debt (1598 points, 150 comments)
    3. Report: America’s marijuana industry headed for $24 billion by 2025 (1350 points, 74 comments)
    4. Solar Power Will Kill Coal Faster Than You Think (1336 points, 243 comments)
    5. Saudi Arabia signals end of tax-free living as oil revenues slump (1013 points, 264 comments)
    6. One-third of Americans say they’d have trouble coming up with an emergency $2,000 (979 points, 346 comments)
    7. Trump Seeks $3.6 Trillion in Spending Cuts to Reshape Government (977 points, 652 comments)
    8. Indian American community richest with median household income of $103,821 (846 points, 201 comments)
    9. Foreigners snap up record number of US homes (825 points, 363 comments)
    10. More Americans Are Falling Behind on Student Loans, and Nobody Quite Knows Why (679 points, 526 comments)
  4. 13354 points, 31 submissions: Splenda
    1. Study: The richest families in Florence in 1427 are still the richest families in Florence (5678 points, 501 comments)
    2. Handing Out Tax Breaks to Businesses Is Worse Than Useless: Study exposes the futility of the $45 billion that states spend on economic development incentives. (1410 points, 120 comments)
    3. The Never-Ending Foreclosure: How can the country survive the next economic crash if millions of families still haven't recovered from the last one? (1061 points, 331 comments)
    4. Memo To Steven Mnuchin: Trump's Tax Plan Would Add $7 Trillion To The Debt Over 10 Years (950 points, 317 comments)
    5. Rural America Is Aging and Shrinking (414 points, 364 comments)
    6. This Is What a Real Middle-Class Tax Cut Would Look Like (387 points, 252 comments)
    7. The coming battle between the Trump team and economists over the true cost of climate change (290 points, 102 comments)
    8. Here’s One Scary Way Trump’s Team Could Manipulate Government Data: It has plans to recalculate the social cost of carbon, which has been called “the most important number you’ve never heard of.” (256 points, 29 comments)
    9. Hot and Violent: Researchers have begun to understand the economic and social damage caused by climate change. (238 points, 90 comments)
    10. How Wall Street Once Killed the U.S. Solar Industry… and how it could happen again. (238 points, 53 comments)
  5. 12703 points, 31 submissions: DoremusJessup
    1. U.S. Wage Disparity Took Another Turn for the Worse Last Year: The rich-poor pay gap is getting wider (1307 points, 323 comments)
    2. European Union finance ministers agreed on Tuesday to close loopholes multinational corporations use to skip taxation on dividends, part of a drive to stop them from parking profits where they pay the least tax (1063 points, 131 comments)
    3. Trump Plan to Slash LLC Rate Is Boon for Top Earners: Cutting pass-through rate to 15% could cost $2 trillion; Top 1% would get tax cut of $76,000 - Tax Policy Center (1046 points, 216 comments)
    4. Robots Are Slashing U.S. Wages and Worsening Pay Inequality: Robots have a real impact on jobs and wages, new research shows (1014 points, 391 comments)
    5. US Adds 156K Jobs; Unemployment Rate Ticks up to 4.7 Pct. Hourly pay jumped 2.9 percent from a year earlier, the biggest increase in more than seven years (883 points, 350 comments)
    6. Norway's sovereign wealth fund, the world's largest, on Friday called for a cap on executive pay and fiscal transparency at the companies in which it invests, further buffing its reputation as an ethical investor (846 points, 78 comments)
    7. U.S. payrolls increase more than expected, wages rise (842 points, 142 comments)
    8. America’s Biggest Creditors Dump Treasuries in Warning to Trump (838 points, 309 comments)
    9. Unemployment in the U.S. Is Falling, So Why Isn’t Pay Rising? (571 points, 228 comments)
    10. Citigroup on Thursday became the first-ever bank to get hit with civil "spoofing charges," after U.S. derivatives regulators said one of its units entered U.S. Treasury futures market orders with the intent of canceling them (511 points, 46 comments)
  6. 12274 points, 1 submission: CADBP
    1. Freakonomics: You're twice as likely to go from low to high income in Canada than in the USA (12274 points, 809 comments)
  7. 11930 points, 4 submissions: trot-trot
    1. Trade school, not 4-year college, is a better bet to solve the US income gap, researchers say (11060 points, 1329 comments)
    2. Libor: Bank of England implicated in secret recording (517 points, 9 comments)
    3. 'These Boots are Made for Walking': Why Most Divorce Filers are Women (273 points, 268 comments)
    4. This Is Le Pen's Plan to Break Up the Euro (80 points, 11 comments)
  8. 11267 points, 16 submissions: unimployed
    1. Basically every problem in the US economy is because companies have too much power, new research argues (7086 points, 372 comments)
    2. The Fraternity Paradox: Lower GPA, Higher Incomes (1440 points, 319 comments)
    3. The Real Reason the U.S. Has Employer-Sponsored Health Insurance (566 points, 95 comments)
    4. US opioid crisis holds back jobs market recovery, says study (563 points, 74 comments)
    5. An important shift in the job market makes the mystery of weak wage growth less puzzling (345 points, 62 comments)
    6. The Economics and Politics Of Flooding and Insurance (266 points, 56 comments)
    7. Economic models are broken, and economists have wildly different ideas about how to fix them (198 points, 130 comments)
    8. Most Americans live paycheck to paycheck (128 points, 56 comments)
    9. Trump preparing withdrawal from South Korea trade deal (97 points, 46 comments)
    10. The Incredible Shrinking Corporate Tax Bill (93 points, 24 comments)
  9. 9635 points, 17 submissions: lingben
    1. I’m a Depression historian. The GOP tax bill is straight out of 1929 (2907 points, 577 comments)
    2. 35 of 37 economists said Trump was wrong. The other two misread the question. (2127 points, 198 comments)
    3. CEOs agree: Corporate tax cuts won't trickle down (738 points, 301 comments)
    4. Trump's Numbers Guy Isn't Great With Numbers (662 points, 111 comments)
    5. Trumponomics Gets The Thumbs Down From Nobel-Winning Economists (563 points, 268 comments)
    6. If Everyone Is So Confident, Why Aren’t They Borrowing? (466 points, 179 comments)
    7. Economists Have No Use for Republican Tax Cuts (447 points, 180 comments)
    8. Corruption Is Still a Problem Ten Months After India's Cash Ban (412 points, 39 comments)
    9. Should the rich be taxed more? (352 points, 554 comments)
    10. Trump Administration Considers Change in Calculating U.S. Trade Deficit (208 points, 19 comments)
  10. 9371 points, 1 submission: RegressToTheMean
    1. Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan (9371 points, 848 comments)
  11. 8887 points, 39 submissions: mberre
    1. Japan logs longest phase of growth in 16 years (846 points, 76 comments)
    2. British Employers Begin To See A Pre-Brexit Exit Of Foreign Workers (746 points, 268 comments)
    3. US unemployment falls to 10-year low (602 points, 228 comments)
    4. U.S. new home sales fall to seven-month low (546 points, 242 comments)
    5. US deficit rises to 2008 levels (538 points, 91 comments)
    6. Iceland to end capital controls from 2008 financial crisis - BBC News (463 points, 48 comments)
    7. Swiss say goodbye to banking secrecy (450 points, 122 comments)
    8. Pew Research: In a Recovering Market, Homeownership Rates Are Down Sharply for Blacks, Young Adults (439 points, 183 comments)
    9. UK wealth gap 'widening over past decade' says report - BBC News (429 points, 182 comments)
    10. Fed's Williams calls for global rethink of monetary policy (387 points, 158 comments)
  12. 7956 points, 6 submissions: johnmountain
    1. Martin Schulz to Trump: Dropping Paris agreement means no trade talks -- ‘Whoever wants to have access to our market needs to respect the European standards,’ Schulz says. (6708 points, 1020 comments)
    2. Paul Krugman in 1998: Internet’s Economic Impact No Greater Than Fax Machine (710 points, 261 comments)
    3. Without Power to Run A.T.M.s, Puerto Rico Is Cash Only (210 points, 15 comments)
    4. A basic income could boost the US economy by $2.5 trillion (150 points, 165 comments)
    5. America's housing inventory crisis is causing home prices to rise at double the rate of a 'normal' market (91 points, 15 comments)
    6. Why Do Cities Become Unaffordable? (87 points, 117 comments)
  13. 6952 points, 2 submissions: mjanes
    1. The U.S. Has Forgotten How to Do Infrastructure: The nation once built things fast and cheaply. Now experts are puzzled why costs are higher and projects take longer than in other countries. (5056 points, 575 comments)
    2. Reaganomics killed America’s middle class (1896 points, 468 comments)
  14. 6290 points, 2 submissions: Nolagamer
    1. 37 of 38 economists said the GOP tax plans would grow the debt. The 38th misread the question. (5268 points, 473 comments)
    2. Opioid crisis: Nearly half of working-age American men who are out of the labor force are using painkillers daily (1022 points, 137 comments)
  15. 5852 points, 7 submissions: PinkSlimeIsPeople
    1. Tax Cuts Don't Lead to Economic Growth, a New 65-Year Study Finds (3816 points, 352 comments)
    2. You're not imagining it: the rich really are hoarding economic growth (841 points, 546 comments)
    3. Vast Majority of Americans Would Likely Lose From Senate GOP’s $1.5 Trillion in Tax Cuts, Once They’re Paid For (347 points, 128 comments)
    4. Commentary: Signs Suggest Trump Budget Will Feature Unprecedented Cuts Plus Large Tax Cuts Favoring Wealthy (323 points, 212 comments)
    5. Eight Market-Oriented Proposals That Reduce Income Inequality (304 points, 280 comments)
    6. Republicans’ tax plan gives the top 1 percent of households a $207,000 tax cut; Bottom 20 percent get $50 (163 points, 154 comments)
    7. Eliminating Two ACA Medicare Taxes Means Huge Tax Cuts for High Earners and the Wealthy (58 points, 67 comments)
  16. 5489 points, 10 submissions: pipsdontsqueak
    1. Americans want U.S. goods, but not willing to pay more: Reuters/Ipsos poll (1219 points, 461 comments)
    2. After a Tax Crackdown, Apple Found a New Shelter for Its Profits (1216 points, 221 comments)
    3. Fed raises rates for third time since the recession (716 points, 170 comments)
    4. U.S. moves to impose tariffs of as much as 219 percent on Canadian jet maker, siding with Boeing (672 points, 120 comments)
    5. Bitcoin hits all-time high after CME Group says to launch futures (637 points, 365 comments)
    6. Trump Is Expected to Name Jerome Powell as Next Fed Chairman (451 points, 58 comments)
    7. Awaiting Trump's coal comeback, miners reject retraining (202 points, 118 comments)
    8. Republicans to propose keeping top tax rate for very wealthy, nodding to concerns (202 points, 63 comments)
    9. Experian fined $3M over 'inaccurate' credit scores (97 points, 3 comments)
    10. Paradise Papers: Apple's secret tax bolthole revealed (77 points, 8 comments)
  17. 5133 points, 2 submissions: MaxGhenis
    1. Something missing from Trump's Cabinet: Economists (4128 points, 575 comments)
    2. San Francisco Bans Salary History Questions (1005 points, 243 comments)
  18. 4744 points, 16 submissions: InvisibleTextArea
    1. New Zealand bans foreign home buyers (1744 points, 533 comments)
    2. EU Audit Admits Greek Bailouts Didn't Go as Planned (811 points, 291 comments)
    3. Renters in the UK spend average of 62 per cent of income on rent (627 points, 104 comments)
    4. Venezuela pulls most common banknote from circulation to 'beat mafia' (369 points, 80 comments)
    5. Yet again, today’s politicians are ignoring basic economics (166 points, 111 comments)
    6. The next crash risk is hiding in plain sight (159 points, 36 comments)
    7. After Universal Basic Income, The Flood (143 points, 118 comments)
    8. Slow economic growth is not the new normal, it's the old norm (124 points, 117 comments)
    9. Cryptoeconomics 101 (88 points, 9 comments)
    10. Of productivity in France and in Germany (85 points, 19 comments)
  19. 4258 points, 16 submissions: kludgeocracy
    1. How Corporations and the Wealthy Avoid Taxes (and How to Stop Them) (787 points, 296 comments)
    2. How “Shareholder Value” is Killing Innovation (637 points, 217 comments)
    3. Capitalism Can Thrive Without Cooking the Planet (547 points, 296 comments)
    4. American builders’ productivity has plunged by half since the late 1960s (519 points, 112 comments)
    5. There's a $136,400 reason so many Americans feel they haven't made economic progress (470 points, 186 comments)
    6. What Happened When 18 States Raised Their Minimum Wage? (242 points, 189 comments)
    7. Democrats just united on a $15-an-hour minimum wage (208 points, 252 comments)
    8. Avoiding Payday Loans Makes the Poor Richer (201 points, 44 comments)
    9. Maybe We’ve Been Thinking About the Productivity Slump All Wrong (167 points, 92 comments)
    10. Researchers have answered a big question about the decline of the middle class (95 points, 50 comments)

Top Commenters

  1. tcoop6231 (6607 points, 678 comments)
  2. SmokingPuffin (5048 points, 544 comments)
  3. MasterBerter (4931 points, 369 comments)
  4. louieanderson (4560 points, 710 comments)
  5. autotldr (3551 points, 333 comments)
  6. TitaniumDragon (3202 points, 693 comments)
  7. Adam_df (3193 points, 611 comments)
  8. HTownian25 (3165 points, 392 comments)
  9. slash196 (3002 points, 284 comments)
  10. thewimsey (2932 points, 534 comments)
  11. MELBOT87 (2835 points, 187 comments)
  12. HeFlipYa (2819 points, 380 comments)
  13. Ponderay (2809 points, 198 comments)
  14. Mylon (2732 points, 510 comments)
  15. ucstruct (2729 points, 241 comments)
  16. bartink (2473 points, 645 comments)
  17. throwittomebro (2360 points, 490 comments)
  18. holy_rollers (2318 points, 211 comments)
  19. Lando_Calrissian (2314 points, 14 comments)
  20. bokabo (2250 points, 487 comments)
  21. skatastic57 (2212 points, 284 comments)
  22. bobmarles3 (2179 points, 189 comments)
  23. Splenda (2159 points, 366 comments)
  24. mwatwe01 (2133 points, 34 comments)
  25. UpsideVII (2120 points, 171 comments)
  26. sunflowerfly (2032 points, 178 comments)
  27. OliverSparrow (2002 points, 362 comments)
  28. Rookwood (1965 points, 297 comments)
  29. besttrousers (1948 points, 181 comments)
  30. sethstorm (1928 points, 880 comments)
  31. roboczar (1899 points, 133 comments)
  32. HumanKapital_ (1889 points, 404 comments)
  33. itsreaditpeople (1887 points, 13 comments)
  34. cd411 (1880 points, 62 comments)
  35. brberg (1841 points, 287 comments)
  36. Brad_Wesley (1811 points, 183 comments)
  37. DrSandbags (1772 points, 164 comments)
  38. DefendedCobra29 (1727 points, 27 comments)
  39. Uptons_BJs (1660 points, 70 comments)
  40. TracyMorganFreeman (1655 points, 628 comments)
  41. whyrat (1652 points, 110 comments)
  42. FweeSpeech (1648 points, 68 comments)
  43. darwin2500 (1635 points, 229 comments)
  44. Holophonist (1612 points, 247 comments)
  45. Nolagamer (1569 points, 272 comments)
  46. Dave1mo1 (1553 points, 171 comments)
  47. WordSalad11 (1546 points, 167 comments)
  48. HeTalksToComputers (1511 points, 141 comments)
  49. number676766 (1475 points, 7 comments)
  50. matty_a (1445 points, 1 comment)

Top Submissions

  1. Freakonomics: You're twice as likely to go from low to high income in Canada than in the USA by CADBP (12274 points, 809 comments)
  2. Trade school, not 4-year college, is a better bet to solve the US income gap, researchers say by trot-trot (11060 points, 1329 comments)
  3. Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan by RegressToTheMean (9371 points, 848 comments)
  4. Warren Buffett wins $1M bet made a decade ago that the S&P 500 stock index would outperform hedge funds by jimrosenz (7205 points, 402 comments)
  5. Basically every problem in the US economy is because companies have too much power, new research argues by unimployed (7086 points, 372 comments)
  6. Martin Schulz to Trump: Dropping Paris agreement means no trade talks -- ‘Whoever wants to have access to our market needs to respect the European standards,’ Schulz says. by johnmountain (6708 points, 1020 comments)
  7. Study: The richest families in Florence in 1427 are still the richest families in Florence by Splenda (5678 points, 501 comments)
  8. Warren Buffett declared victory Saturday in his decade-long, $1 million bet that low-cost index funds would out earn more expensive hedge funds by deleted (5318 points, 311 comments)
  9. 37 of 38 economists said the GOP tax plans would grow the debt. The 38th misread the question. by Nolagamer (5268 points, 473 comments)
  10. At $75,560, housing a prisoner in California now costs more than a year at Harvard by speckz (5125 points, 597 comments)

Top Comments

  1. 1760 points: itsreaditpeople's comment in Freakonomics: You're twice as likely to go from low to high income in Canada than in the USA
  2. 1678 points: mwatwe01's comment in Trade school, not 4-year college, is a better bet to solve the US income gap, researchers say
  3. 1445 points: matty_a's comment in Trump Administration Rolls Back Protections for People in Default on Student Loans
  4. 1411 points: electrik_wizard's comment in The U.S. Has Forgotten How to Do Infrastructure: The nation once built things fast and cheaply. Now experts are puzzled why costs are higher and projects take longer than in other countries.
  5. 1326 points: number676766's comment in Something missing from Trump's Cabinet: Economists
  6. 1314 points: Lando_Calrissian's comment in Trump names Japan a currency manipulator
  7. 1201 points: DefendedCobra29's comment in Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan
  8. 1004 points: kristopolous's comment in Reaganomics killed America’s middle class
  9. 1000 points: TheWhitestOrca's comment in Poll: Economists Unanimous That Debt Would Balloon Under GOP Tax Plan
  10. 983 points: BmoreIntelligent's comment in The Fraternity Paradox: Lower GPA, Higher Incomes
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

Subreddit Stats: btc top posts from 2017-01-09 to 2017-02-07 22:40 PDT

Period: 29.80 days
Submissions Comments
Total 999 28052
Rate (per day) 33.52 904.13
Unique Redditors 409 2067
Combined Score 56126 117584

Top Submitters' Top Submissions

  1. 3835 points, 41 submissions: Egon_1
    1. "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority" (529 points, 262 comments)
    2. Charlie Shrem: "Oh cmon. @gavinandresen is the reason we are all here today. Stop attacking people, ...." (256 points, 61 comments)
    3. The core developers don't care about you. Let's fire them by hard fork to Bitcoin unlimited! (231 points, 83 comments)
    4. Bitcoin Core Hashrate Below 80% (211 points, 27 comments)
    5. "Bitcoin is an P2P electronic cash system, not digital gold. If Bitcoin's usefulness as cash is undermined, its value will be undermined too." (198 points, 196 comments)
    6. I like these ads (194 points, 25 comments)
    7. "ViaBTC Transaction Accelerator already help more than 5K delayed transactions got confirmed." (142 points, 27 comments)
    8. Bitcoin Unlimited: Over 800 PH/s (128 points, 21 comments)
    9. ViaBTC produces ZERO empty block in the last month. Best in SPV base mining pool. (117 points, 2 comments)
    10. New ATL (All Time Low) For Bitcoin Core Blocks (114 points, 59 comments)
  2. 2876 points, 24 submissions: ydtm
    1. The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE? (354 points, 116 comments)
    2. BU-SW parity! 231 vs 231 of the last 1000 blocks! Consensus will always win over censorship! MARKET-BASED blocksize will always win over CENTRALLY-PLANNED blocksize! People want blocksize to be determined by the MARKET - not by Greg Maxwell & his 1.7MB anyone-can-spend SegWit-as-a-soft-fork blocks. (271 points, 66 comments)
    3. The number of blocks being mined by Bitcoin Unlimited is now getting very close to surpassing the number of blocks being mined by SegWit! More and more people are supporting BU's MARKET-BASED BLOCKSIZE - because BU avoids needless transaction delays and ultimately increases Bitcoin adoption & price! (185 points, 80 comments)
    4. "Notice how anyone who has even remotely supported on-chain scaling has been censored, hounded, DDoS'd, attacked, slandered & removed from any area of Core influence. Community, business, Hearn, Gavin, Jeff, XT, Classic, Coinbase, Unlimited, ViaBTC, Ver, Jihan, Bitcoin.com, btc" ~ u/randy-lawnmole (176 points, 114 comments)
    5. "Why is Flexible Transactions more future-proof than SegWit?" by u/ThomasZander (175 points, 110 comments)
    6. "You have to understand that Core and their supporters eg Theymos WANT a hardfork to be as messy as possible. This entire time they've been doing their utmost to work AGAINST consensus, and it will continue until they are simply removed from the community like the cancer they are." ~ u/singularity87 (170 points, 28 comments)
    7. Blockstream/Core don't care about you. They're repeatedly crippling the network with their DEV-CONTROLLED blocksize. Congestion & delays are now ROUTINE & PREDICTABLE after increased difficulty / time between blocks. Only we can fix the network - using MARKET-CONTROLLED blocksize (Unlimited/Classic) (168 points, 60 comments)
    8. 3 excellent articles highlighting some of the major problems with SegWit: (1) "Core Segwit – Thinking of upgrading? You need to read this!" by WallStreetTechnologist (2) "SegWit is not great" by Deadalnix (3) "How Software Gets Bloated: From Telephony to Bitcoin" by Emin Gün Sirer (146 points, 59 comments)
    9. This trader's price & volume graph / model predicted that we should be over $10,000 USD/BTC by now. The model broke in late 2014 - when AXA-funded Blockstream was founded, and started spreading propaganda and crippleware, centrally imposing artificially tiny blocksize to suppress the volume & price. (143 points, 97 comments)
    10. Now that BU is overtaking SW, r\bitcoin is in meltdown. The 2nd top post over there (sorted by "worst first" ie "controversial") is full of the most ignorant, confused, brainwashed comments ever seen on r\bitcoin - starting with the erroneous title: "The problem with forking and creating two coins." (142 points, 57 comments)
  3. 2424 points, 31 submissions: realistbtc
    1. Remember this picture ? It was a very strong and cool message from around 2014 . Well, sadly it's not true anymore. But it was universally liked in the Bitcoin space , and probably brought here some of us . I remember even luke-jr reposting it somewhere (oh , the hypocrysis!! ). (249 points, 55 comments)
    2. Emin Gun Sirer on Twitter ' My take is the exact opposite: we are now finding out that Segwit isn't necessary and we can get the same benefits via simpler means. " (248 points, 46 comments)
    3. Gavin Andresen on Twitter : ' The purpose of a consensus system is to arrive at one outcome. Participating means accepting the result even if you initially disagree. ' (204 points, 56 comments)
    4. enough with the blockstream core propaganda : changing the blocksize IS the MORE CAUTIOUS and SAFER approach . if it was done sooner , we would have avoived entirely these unprecedented clycles of network clogging that have caused much frustrations in a lot of actors (173 points, 15 comments)
    5. Gavin Andresen on Twitter - 'This can't be controversial... can it? - a definition of Bitcoin' (136 points, 38 comments)
    6. adam back on twitter "contentious forks are bad idea for confidence & concept of digital scarcity. wait for the ETFs. profit. mean time deploy segwit & lightning" - no! a corrupt company like blockstream with a washed out ex cypherpunk like adam are what's bad for Bitcoin . (122 points, 115 comments)
    7. "Bitcoin: A Peer-to-Peer Electronic Cash System" - if you stray from that , you don't get to keep calling it Bitcoin. call it blockstreamcoin, adamcoin, gregcoin, theymoscoin or whatever and go fork off yourself . (112 points, 19 comments)
    8. soon 21 will have to change the scale , because 180 satoshi/KB won't be enough anymore - madness - feel free to send your complaints to greg maxwell CTO of blockstream (112 points, 31 comments)
    9. PSA : if you use a ledger wallet , you risk paying an absurdly high free - see here : 10$ for a 225 bytes 150$ tx - but remember , it's all fine for your elitist and gregonomic friends at blockstream (109 points, 111 comments)
    10. Luke 'the liar' Dashjr : ' My BIP draft didn't make progress because the community opposes any block size increase hardfork ever. ' -- yes , he wrote exactly that !! (96 points, 33 comments)
  4. 2129 points, 43 submissions: increaseblocks
    1. After failing to get 10K bitcoins for stolen NSA exploits, Shadow Brokers post farewell message, dump a cache of Windows hacking tools online (181 points, 23 comments)
    2. Coinbase and the IRS (146 points, 69 comments)
    3. Ryan X. Charles on Twitter - There is a leadership gap in bitcoin left by technical community members who didn't listen to miners, businesses or users. (117 points, 44 comments)
    4. Blockstream Core developer says you should "pay a $5 fee" to get your transaction to go through! (116 points, 32 comments)
    5. $2.50 transaction FEE paid on $37 transaction, still unconfirmed for 24 hours!! (109 points, 37 comments)
    6. Blockstream shareholder gives a little more insight into the company (107 points, 33 comments)
    7. Finished setting up my Unlimited full node. Took just over 24 hrs to sync with a 5 yr old laptop and standard U.S. connection + $50 1TB hard drive! (96 points, 46 comments)
    8. Matt Corallo/TheBlueMatt leaves Blockstream to go work for Chaincode Labs... is the Blockstream house of cards beginning to crumble? (86 points, 175 comments)
    9. 53,000 transactions in the backlog! (75 points, 79 comments)
    10. Doctor ₿ Goss on Twitter: Spending a year on #segwit instead of coordinating blocksize increase may not have been wise. Money that doesn't work is worthless (70 points, 11 comments)
  5. 1590 points, 9 submissions: parban333
    1. Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons. (566 points, 87 comments)
    2. nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin. (400 points, 207 comments)
    3. Remember: while the blockstream trolls take Peter R out of context, Peter Todd really think Bitcoin should have a 1%/security tax via inflation. (146 points, 92 comments)
    4. So, Alice is causing a problem. Alice is then trying to sell you a solution for that problem. Alice now tell that if you are not buying into her solution, you are the cause of the problem. Replace Alice with Greg & Adam.. (139 points, 28 comments)
    5. SegWit+limited on-chain scaling: brought to you by the people that couldn't believe Bitcoin was actually a sound concept. (92 points, 47 comments)
    6. Remember: the manipulative Adam Back, CEO of Blockstream, want to fool every newcomer that doesn't know better into thinking that he practically invented Bitcoin. (91 points, 22 comments)
    7. Not only segwit support is laughable at the moment for something targeting 95% adoption, but it's actually diminishing. Wallet devs and people that spent resources implementing that ridiculous contraption must feel a bit silly at the moment.... (83 points, 143 comments)
    8. It's ironic that blockstream's concerns about hard forks security are what's actually caused concerns about hard forks security. (46 points, 5 comments)
    9. The Intercept - "Hidden loopholes allow FBI agents to infiltrate political and religious groups" - Just something to consider, right? (27 points, 2 comments)
  6. 1471 points, 10 submissions: sandakersmann
    1. Charlie Shrem on Twitter: "If we don't implement bigger blocks ASAP, Paypal will be cheaper than #bitcoin. I already pay a few dollars per tx. Stop hindering growth." (472 points, 254 comments)
    2. Olivier Janssens on Twitter: "Do you like Bitcoin? Then you like an unlimited block size. The limit was put in place as a temp fix and was never hit before last year." (252 points, 189 comments)
    3. Ryan X. Charles on Twitter: "Bigger blocks will allow more people access to every aspect of bitcoin, enhancing decentralization" (213 points, 179 comments)
    4. Is Bitcoin Unlimited Headed for Activation? (149 points, 38 comments)
    5. Marius Kjærstad on Twitter: "High fees push real economy out of #Bitcoin and makes price driven by speculation. Result is a lower real economy floor to catch the knife." (132 points, 37 comments)
    6. No Primary Litecoin Pool Will Upgrade to Segwit, Says LTC1BTC's Founder (103 points, 60 comments)
    7. Charlie Shrem: "Bitcoin is been built to appreciate or die. That's how it is. It has to continue to grow. If it doesn't grow then it's just gonna go away." (76 points, 15 comments)
    8. G. Andrew Stone & Andrew Clifford: Bitcoin Unlimited (Episode 166) (36 points, 1 comment)
    9. Joseph VaughnPerling on Twitter: "#SegWit on $LTC's safe b/c low TX vol. AnyoneCanSpend TX UTXO unlikely to hit 51% attack cost. On $BTC it'd be insidiously fatal. @SegWit" (21 points, 8 comments)
    10. Bitcoin Plummets After China Launches "Market Manipulation" Investigations Of Bitcoin Exchanges (17 points, 0 comments)
  7. 1408 points, 7 submissions: BeijingBitcoins
    1. LOL - /bitcoin user claims that people aren't being actively silenced; is actively silenced. (307 points, 142 comments)
    2. Reality check: today's minor bug caused the bitcoin.com pool to miss out on a $12000 block reward, and was fixed within hours. Core's 1MB blocksize limit has cost the users of bitcoin >$100k per day for the past several months. (270 points, 173 comments)
    3. Satoshi: "The eventual solution will be to not care how big [block size] gets." (250 points, 75 comments)
    4. Top post on /bitcoin about high transaction fees. 709 comments. Every time you click "load more comments," there is nothing there. How many posts are being censored? The manipulation of free discussion by /bitcoin moderators needs to end yesterday. (229 points, 91 comments)
    5. Bitcoin Unlimited blocks at all time high! (143 of last 1000) (191 points, 56 comments)
    6. Censored in bitcoin: "Bitcoin Core hashrate reaches 79.7%" (91 points, 61 comments)
    7. Bitcoin Transaction Fees - All Time (70 points, 18 comments)
  8. 1235 points, 40 submissions: chinawat
    1. Julian Assange just used the bitcoin block number 447506 as a proof of life. (199 points, 42 comments)
    2. "$3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day!" -- Brewster Kahle on Twitter (97 points, 3 comments)
    3. ‘Barclays took my £440,000 and put me through hell’ | Money (76 points, 22 comments)
    4. Venezuelan Police Arrest Eight Bitcoin Miners in Two Weeks, and the Country's Leading Bitcoin Exchange Suspends Operations (52 points, 2 comments)
    5. The Path To $10,000 Bitcoin (46 points, 11 comments)
    6. How Deutsche Bank Made a $462 Million Loss Disappear (44 points, 6 comments)
    7. "The plan (#mBTC units) has been discussed amongst local #Chinese exchanges, & we believe it will appease the regulators, w/ "lower" prices." -- Bobby Lee on Twitter (43 points, 36 comments)
    8. "Everyone knows that we need to reduce the max block size, but is a one-time drop to 300 kB really the best way?" -- theymos (40 points, 68 comments)
    9. Buy bitcoin from any 7-11 in the Philippines (36 points, 0 comments)
    10. The Race Is On for a Bitcoin ETF (31 points, 14 comments)
  9. 1010 points, 17 submissions: 1and1make5
    1. Last 1000 Blocks - Bitcoin Unlimited overtakes soft-fork-segwit signaling (165 points, 25 comments)
    2. Again: Bigger Blocks Mean More Decentralization - Roger Ver (101 points, 59 comments)
    3. cnLedger on Twitter - "@todu77 Contacted http://BTC.TOP . A different logic was used when dealing w/ (very occasional) empty blc. They'll update to BU only" (94 points, 6 comments)
    4. Controlling your own wealth as a basic human right - Brian Armstrong (93 points, 30 comments)
    5. Last 1000 Blocks - 20% of the Bitcoin mining network supports Bitcoin Unlimited (89 points, 4 comments)
    6. BTC.top current hashrate: ~100 Ph/s (71 points, 5 comments)
    7. Throwback Thursday: BTC.top mined their first BU block 1 month ago with ~31 Ph/s, today they have ~149 Ph/s (68 points, 6 comments)
    8. Epicenter Bitcoin 166 - G. Andrew Stone & Andrew Clifford: Bitcoin Unlimited (63 points, 50 comments)
    9. Coinbase Obtains the Bitlicense (53 points, 19 comments)
    10. Fun fact (doesn't mean anything): In the last 24 hours more blocks have signaled support for Bitcoin Unlimited than soft-fork-segwit (53 points, 5 comments)
  10. 984 points, 20 submissions: seweso
    1. Bitcoin unlimited is an expression of freedom. And freedom will always be misconstrued by paternalists/statists as something dangerous. (120 points, 64 comments)
    2. My hope for Bitcoin Unlimited is not to force a hardfork upon everyone, but to break through the censorship, to open minds. (106 points, 88 comments)
    3. Core threatening a POW change makes absolutely no sense whatsoever. (97 points, 58 comments)
    4. "We will run a SegWit release in production by the time [a 2MB hardfork] is released in a version of Bitcoin Core." (94 points, 84 comments)
    5. Blocked by Peter Todd for pointing out he started the propaganda war with his slippery slope video. (92 points, 41 comments)
    6. I can't wait to spend everyone's SegWit funds on a hard-forked >1Mb chain. ~ Seweso (72 points, 72 comments)
    7. BashCo putting his Bitcoin ignorance on display by stating "60,000 #Bitcoin transactions don't just magically appear out of thin air. #spam" (66 points, 12 comments)
    8. Bitcoin Core developers discussing and deciding on Bitcoin economics again (47 points, 13 comments)
    9. Reaction to: why-bitcoin-unlimiteds-emergent-consensus-gamble (46 points, 9 comments)
    10. "@seweso Show me an instance where core pushed out a change and cost miners a block reward." ~ I can do that ;) (37 points, 6 comments)
  11. 883 points, 16 submissions: Shock_The_Stream
    1. Emin Gün Sirer: Finally getting to the crux of the battle. LN/Segwit/fee-market are a synonym for "high fees." Nothing about this tech requires high fees. (155 points, 78 comments)
    2. BTC.TOP !! - New Alltime High for BU blocks @199 ! BTC.TOP alone just mined 4 BU blocks within 47 minutes (115 points, 26 comments)
    3. The great halvening of Samson's Segwit Pool: Mission accomplished! 1 yr: 12.50%, 6 month: 11.10%, 1 month: 7.83%, 1week: 6.67%, 4 days: 6% (107 points, 56 comments)
    4. Surpise: SegWit SF becomes more and more centralized - around half of all Segwit signals come from Bitfury ... (107 points, 45 comments)
    5. BS of the week by Rusty Russell: "If segwit doesn't activate, something is badly broken in Bitcoin" (102 points, 97 comments)
    6. Slush pool: Incredible bad luck for the Bitcoin Unlimited voters (43 points, 26 comments)
    7. The Bitfury Attack (43 points, 38 comments)
    8. 799! Jiang Zhuo'er teared down this wall! (40 points, 13 comments)
    9. Did Slush just stop mining segwit with the 'don't care' voters? (39 points, 36 comments)
    10. Fortune favours the bold: BTC.TOP with 300% luck today (30 points, 2 comments)
  12. 754 points, 10 submissions: AQuentson
    1. Price Shoots Up as Miners Checkmate and Bitcoin Unlimited Surpasses Segwit. (113 points, 28 comments)
    2. One Transaction Will Cost $400 if Bitcoin Hits $10,000 According to Jameson Lopp (104 points, 39 comments)
    3. Bitcoin Core Developer: Satoshi's Design Doesn't Work (100 points, 78 comments)
    4. Wow! Had no idea the BitcoinMarkets subreddit is completely censored. (90 points, 29 comments)
    5. F2Pool Will Not Upgrade Its Bitcoin Pool to Segwit "Anytime Soon" (89 points, 21 comments)
    6. The Bitcoin Market Needs Big Blocks, Says Founder of BTC.TOP Mining Pool (82 points, 21 comments)
    7. Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog (72 points, 8 comments)
    8. ViaBTC's Hashrate Increases to 12 Percent (58 points, 2 comments)
    9. “The protocol debate is not my priority." - Jihan Wu, Bitmain's Founder (24 points, 13 comments)
    10. Wow! Almost $1 Billion Worth of Bitcoin is Stuck, Can't Move - What Happens if no Block is Found in One Hour (as has happened before) Will Bitcoin Literally Break Down? (22 points, 14 comments)
  13. 744 points, 10 submissions: BobsBurgers3Bitcoin
    1. Bitcoin Unlimited 1.0.0 has been released (274 points, 130 comments)
    2. Censored in r\Bitcoin: "35.8 Cents: Average Transaction Fee so far in 2017. The Average Transaction Fee in 2016 was 16.5 Cents" (260 points, 123 comments)
    3. 35.8 Cents: Average Transaction Fee so far in 2017. The Average Transaction Fee in 2016 was 16.5 Cents (74 points, 18 comments)
    4. Former Fed Employee Fined $5,000 for Using Computer for Bitcoin (37 points, 5 comments)
    5. Bitcoin: Why It Now Belongs in Every Portfolio (26 points, 0 comments)
    6. Bitcoin is 'a great hedge against the system' and could be the new gold (18 points, 1 comment)
    7. Bitcoin Will Change Money Like the Internet Changed Video (15 points, 0 comments)
    8. Is Warren Buffett Wrong About Bitcoin? (14 points, 3 comments)
    9. Bitseed Review – A Plug & Play Full Bitcoin Node (13 points, 2 comments)
    10. Bitcoin is soaring (and Business Insider does not change the title of the almost identical article published 3 weeks ago by the same author) (13 points, 1 comment)
  14. 732 points, 10 submissions: specialenmity
    1. Fantasy land: Thinking that a hard fork will be disastrous to the price, yet thinking that a future average fee of > $1 and average wait times of > 1 day won't be disastrous to the price. (209 points, 70 comments)
    2. "Segwit is a permanent solution to refuse any blocksize increase in the future and move the txs and fees to the LN hubs. The chinese miners are not as stupid as the blockstream core devaluators want them to be." shock_the_stream (150 points, 83 comments)
    3. In response to the "unbiased" ELI5 of Core vs BU and this gem: "Core values trustlessness and decentralization above all. Bitcoin Unlimited values low fees for on-chain transactions above all else." (130 points, 45 comments)
    4. Core's own reasoning doesn't add up: If segwit requires 95% of last 2016 blocks to activate, and their fear of using a hardfork instead of a softfork is "splitting the network", then how does a hardfork with a 95% trigger even come close to potentially splitting the network? (96 points, 130 comments)
    5. luke-jr defines "using bitcoin" as running a full node. Dictates that the cost of moving money ( a transaction) should exceed "using bitcoin". Hah (38 points, 17 comments)
    6. If it's not activating that is a strong evidence that the claims of it being dire were and continue to be without substance. nullc (36 points, 23 comments)
    7. I'm more concerned that bitcoin can't change than whether or not we scale in the near future by SF or HF (26 points, 9 comments)
    8. "The best available research right now suggested an upper bound of 4MB. This figure was considering only a subset of concerns, in particular it ignored economic impacts, long term sustainability, and impacts on synchronization time.." nullc (20 points, 4 comments)
    9. At any point in time mining pools could have increased the block reward through forking and yet they haven't. Why? Because it is obvious that the community wouldn't like that and correspondingly the price would plummet (14 points, 14 comments)
    10. The flawed mind of jstolfi (13 points, 17 comments)
  15. 708 points, 7 submissions: knight222
    1. BTC.TOP operator: “We have prepared $100 million USD to kill the small fork of CoreCoin, no matter what POW algorithm, sha256 or scrypt or X11 or any other GPU algorithm. Show me your money. We very much welcome a CoreCoin change to POS.” (241 points, 252 comments)
    2. For those who missed it, this is how the hardfork with Bitcoin Unlimited will happen. (173 points, 79 comments)
    3. Blocks mined with Bitcoin Unlimited reaching 18% (133 points, 28 comments)
    4. Bitcoin Unlimited is less than 1% away from outpacing Segwit for the last 1000 blocks mined (90 points, 44 comments)
    5. BU nodes peaked in the last days (28 points, 6 comments)
    6. Blockstream never tried to compromise but they will (too late). This is why: (22 points, 4 comments)
    7. BTC.TOP is having a good day (21 points, 6 comments)

Top Commenters

  1. Adrian-X (3622 points, 821 comments)
  2. H0dl (3157 points, 563 comments)
  3. Bitcoinopoly (2732 points, 345 comments)
  4. knight222 (2319 points, 361 comments)
  5. MeTheImaginaryWizard (2043 points, 429 comments)
  6. Ant-n (1818 points, 387 comments)
  7. todu (1756 points, 265 comments)
  8. seweso (1742 points, 328 comments)
  9. awemany (1690 points, 401 comments)
  10. Shock_The_Stream (1647 points, 217 comments)
  11. Helvetian616 (1578 points, 206 comments)
  12. Egon_1 (1478 points, 162 comments)
  13. realistbtc (1299 points, 95 comments)
  14. BitcoinIsTehFuture (1231 points, 139 comments)
  15. LovelyDay (1226 points, 196 comments)
  16. thcymos (1172 points, 117 comments)
  17. BeijingBitcoins (1098 points, 58 comments)
  18. Yheymos (1061 points, 69 comments)
  19. steb2k (1058 points, 238 comments)
  20. ydtm (987 points, 132 comments)
  21. dontcensormebro2 (975 points, 106 comments)
  22. chinawat (972 points, 223 comments)
  23. increaseblocks (934 points, 73 comments)
  24. segregatedwitness (921 points, 101 comments)
  25. Annapurna317 (874 points, 146 comments)
  26. DaSpawn (817 points, 162 comments)
  27. insette (808 points, 91 comments)
  28. TanksAblazment (803 points, 150 comments)
  29. blockstreamcoin (787 points, 133 comments)
  30. MeatsackMescalero (774 points, 95 comments)
  31. satoshis_sockpuppet (745 points, 126 comments)
  32. BitcoinXio (739 points, 50 comments)
  33. jstolfi (734 points, 183 comments)
  34. singularity87 (720 points, 90 comments)
  35. Richy_T (704 points, 163 comments)
  36. redlightsaber (690 points, 138 comments)
  37. Leithm (686 points, 74 comments)
  38. ErdoganTalk (668 points, 252 comments)
  39. BitcoinPrepper (665 points, 89 comments)
  40. reddaxx (664 points, 105 comments)
  41. r1q2 (660 points, 110 comments)
  42. papabitcoin (653 points, 79 comments)
  43. 2ndEntropy (632 points, 76 comments)
  44. FormerlyEarlyAdopter (608 points, 92 comments)
  45. Coolsource (595 points, 116 comments)
  46. Peter__R (589 points, 43 comments)
  47. timepad (570 points, 62 comments)
  48. Rawlsdeep (564 points, 109 comments)
  49. themgp (560 points, 46 comments)
  50. ForkiusMaximus (558 points, 89 comments)

Top Submissions

  1. Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons. by parban333 (566 points, 87 comments)
  2. "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority" by Egon_1 (529 points, 262 comments)
  3. Charlie Shrem on Twitter: "If we don't implement bigger blocks ASAP, Paypal will be cheaper than #bitcoin. I already pay a few dollars per tx. Stop hindering growth." by sandakersmann (472 points, 254 comments)
  4. nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin. by parban333 (400 points, 207 comments)
  5. The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE? by ydtm (354 points, 116 comments)
  6. LOL - /bitcoin user claims that people aren't being actively silenced; is actively silenced. by BeijingBitcoins (307 points, 142 comments)
  7. Massive censorship on "/bitcoin" continues by BitcoinIsTehFuture (296 points, 123 comments)
  8. Charlie Shrem on Twitter: "You can talk about anything in BTC and it won't be auto deleted" by BitcoinXio (291 points, 69 comments)
  9. Bitcoin Unlimited blocks exceed Core for first time, 232 vs. 231 of last 1,000 by DNVirtual (282 points, 84 comments)
  10. As relevant as it's always been by iopq (276 points, 15 comments)

Top Comments

  1. 151 points: nicebtc's comment in "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority"
  2. 123 points: 1DrK44np3gMKuvcGeFVv's comment in "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority"
  3. 117 points: cryptovessel's comment in nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin.
  4. 117 points: seweso's comment in Roger Ver banned for doxing after posting the same thread Prohashing was banned for.
  5. 113 points: BitcoinIsTehFuture's comment in Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons.
  6. 106 points: MagmaHindenburg's comment in bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails • /Bitcoin
  7. 98 points: lon102guy's comment in bitcoin.com loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails • /Bitcoin
  8. 97 points: bigboi2468's comment in contentious forks vs incremental progress
  9. 92 points: vbuterin's comment in [Mark Friedenbach] There is a reason we are generally up in arms about "abusive" data-on-blockchain proposals: it is because we see the potential of this tech!
  10. 89 points: Peter__R's comment in contentious forks vs incremental progress
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David McCormick on Mentors recession-economic reduction ASL Art Cashin on Pattern Recognition Liesman Bitcoin Stocks - YouTube Zero Hedge - YouTube

Bitcoin Cash 24h $ 270.04-0.710492-0.26%. Litecoin 24h $ 55.51 +1.64%. Litecoin 24h $ 55.51 +0.898254 +1.64%. Cardano 24h $ 0.108737-2.23%. Cardano 24h $ 0.108737-0.002485-2.23%. Bitcoin SV 24h ... Bitcoin. Auswirkung von Kryptowährungen: Banken drohen nun mit Kontenschließung, wenn man Coinbase benutzt. Published on December 25, 2017 December 25, 2017 in Wirtschaft. Loading... Weil Kryptowährungen eine Bedrohung für die Elite des Bankwesens sind, drohen sie nun damit, Konten zu schließen, wenn Kunden sie mit Coinbase verknüpfen. Der Kryptowährungsnutzer Jordan Spencer erhielt ... Bitcoin News Articles from Bitfly tag. Cashfusion Use Increased by 328%, $200M in BCH Fused and Close to 20,000 Fusions Tag: bitcoin zerohedge. 14 Bitcoin Questions That Are Commonly Asked BY Beginners. bitcoinnewbies. November 21, 2017 . Bitcoin Information. Comments. 14 Bitcoin Questions That Are Commonly Asked BY Beginners are written as follows below: There are many questions that are asked by from “beginners”, such as “What type of person wants to learn about the Cryptocurrency called Bitcoin ... Rays of Hope for Bitcoin (i.e., counterarguments to this article) Many of these ICOs will go to zero or near zero. The volume might dry up, too, drastically widening spreads. If cryptos become a mainstream interest (outside excited speculation on the price), the crashing of so many other cryptos could easily push people into Bitcoin’s influence (though other cryptos, like Ether, could easily ...

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David McCormick on Mentors

--- I Will NEVER Let You Down, and I AM COUNTING ON YOU To Help Support My Blog. Much Love, Greg. Click HERE: https://paypal.me/GregoryMannarino --- 100% FRE... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Art Cashin, a legend on the floor of the NYSE, receives award of recognition by the Market Technicians Association. "First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi Buy stock in The Bitcoin Channel and promote Bitcoins: ... Learn more here: https://goldsilver.com/?aff=TDV “If the survival of the dollar is threatened, you cannot rule out the government trying to make gold and sil...

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