Buy you a nice house for our descendants with the dirty coin and start working on the new chain. That is mybñ approach. Without the node runners, they are nothing.

Its not spam. Or capture. Or suits...... It is the definition of _emergency_ that you and other bid-110ers have wrong

After the two-week difficulty adjustment, say difficulty drops 95%, wouldn't that heavily incentivize a large-scale miner to mine the BIP-110 chain? For two weeks, wouldn't they be tearing through blocks at an insane rate? Wouldn't that also catch the BIP-110 chain up to the "legacy chain" because blocks would be mined so quickly due to the lower difficulty?

YES!! I vote for Exit. I'm never buying Captured Bitcoin again. When I buy bitcoin, it'll only be this BIP110 chain. Like hodlnaut said, Captured Bitcoin is just a stock now. What I currently have, I see like I'm owning Amazon stock, or something like that. I'm slowly divesting from it and I hope Andy Epstein and his Blackrock friends will at least do me the curtesy of pumping my bags while I check out. I'm very excited about this new BIP110 chain.

The difficulty can only reduce by a certain amount, I believe three quarters. But even with that reduction in difficulty, we're still talking a crazy amount of hash power and blocks that would be continuously going for 2016 blocks NOT two weeks. It might take several years or 2016 blocks to come around with this kind of hash power. Maybe decades, maybe centuries.

“There must have been a back door deal” 😂 View quoted note →

"Not yet been captured." That is some massive irony in your spoken words there. ...the existence of your new dead chain has come about by an extremely small minority of delusional people. That's what real capture looks like. Thankfully, all you've managed to capture is a new shitcoin.

Dear Matthew, You just said in your video that you have your entire life savings in the captured bitcoin chain. You said you are going to see what happens. At the same time, you called it the CSAM chain, the poison block chain, the Epstein chain, and Luke calls it bpedo. Do you not see how this is a problem? You have boxed yourself into a corner by lambasting anyone that disagrees with your EXACT approach to handling spam. By making this a moral issue, you and Luke and many others have put yourselves in a position where you are putting your life savings into the exact thing you have been calling immoral. This is not the correct approach. I agree in principle with a lot of what bitcoin mechanic says, however that doesn’t mean that the way YOU decide to do things is the exact right way and anyone who doesn’t see it the same way is “colluding” and creating a “hard fork” of Bitcoin. Just stop it. You have lost people like me who actually agree with much of what the movement stands for against spam and also against mining centralization. View quoted note →

What’s sad is Mr. Kratter can’t just have an intellectual debate, but must burn all bridges on the way out, with personal insults. Oh, well.

Ah that makes sense. 2016 blocks averages two weeks under normal circumstances, so it’s block-based rather than calendar-time based. Got it. Looked into it a bit and it sounds like cumulative proof of work, rather than simply chain length, determines the “correct” chain as well. Reaching that difficulty adjustment is a pretty large barrier. Has been interesting, scary to think of how it would economically affect people if one side ultimately lost and that many blocks were no longer recognized by the other chain. Still want to stack sats, also curious to see how everything unfolds. I feel like I’m stuck in Bitcoin limbo.

You are embarrassing yourself. Well you have been for months but this is so bad I actually feel sorry for you now.

"The cartel didn't follow us" lol

I was running BIP110 but Bitcoin is a proof of work chain, not a proof of nodes one. Why was everybody so sure that miners were going to flip?

they broke satoshi, or satoshi left it to break 🤷🏻‍♂️ the point is that satoshi as a brit maybe left scorched earth luke can bring new hope

I agree that seeing BIP-110 stall is heartbreaking. I was running BIP-110, and mining it at the point of activation. I have the utmost respect for the roughnecks crew finding two blocks out of the gate. That being said, I am in the camp of reforming big bitcoin (however daunting that may seem), rather than attempting a POW change. My reason is that such a change would be a long hard road and would likely lead to significant pain and capital loss for the plebs that go down that road. If Bitcoin is truly captured, then a fork of Bitcoin can only have 2 outcomes. Either it succeeds and grows until it is a threat sufficient enough to get captured again, or it fades into nothingness like BCH and BSV. I’m open to being corrected but it seems to me that if we can’t resist capture on the main chain, then forking off with a minority will have little chance of success. I love bitcoin and want to see it succeed as freedom money as much as anyone. I know there are people much smarter than me in this space so I look forward to learning more and hearing potential solutions for moving forward from here. I appreciate your thoughts.

You don't really understand things, do you?

The personal insults and nasty little digs at people he throws around are disgusting and incredibly childish, they should be a big red flag to the plebs who have fallen for the BIP-110 narrative. He could be more persuasive if he stuck to a mature argument for BIP-110 (even though it is a terrible idea).

The real telling is up to Core, do they continue to make it easier to have garbage on the chain, if they do Bitcoin Legacy chain will die. It will become harder and harder for everyday people to run a node. If mining becomes more to decentralize (datum or stratum V2) then there is hope. Otherwise Bitcoin Legacy is doomed to fail from bloat. Bip 110 chain success depends on these factors heavily

Going to keep mining on Bip 110 chain for now ;)

It isn't in a coma, it is dead. BIP-110 961,633 Bitcoin 961,893. It is 200 blocks behind and not moving but carry on convincing your naive followers that BIP-110 might eventually work out and when it doesn't you can have them follow you into a catastrophic hard fork which will end up even worse than Bcash and BSV.

Us too.

Part of the problem is that a lot of people don't see or don't want to see this. Yes price will keep going up. Even for years. At some point there will be a manifestation of control that will wreck a lot of people.

Reform! We can get our coin back. Let's be smart. A new chain will not go anywhere. And it's our chain. Remember when Steve Jobs was fired from his own company!? He got it back because the company screw up without him! Core is too corrupt not to screw up, big time, and when they do we will be there, the comunity will begs knots to be there. Let's keep growing nodes and hash power and reveling who these guys are, most of them will probably be in prison in a year. Bitcoin needs like, datom, hodlnaut, kratter, knut and everyone that fought for bip110. Bitcoin doesn't need Mow, Saylor, Core or any of the influencer prostitutes. Let's take the coin back.

Have you sold your Bitcoin?

I think you guys are going too crazy. Sure, maybe if sha256 became vulnerable, we might agree to change the PoW algorithm, but doing it because "the bad guys" own the most hash rate is explicitly the wrong reason to do it. If the bad guys have the highest hash rate and will continue to do so forever, Satoshi's Bitcoin is captured. That's it. Proof of work remains the most neutral way to create a free market. All the shitcoins tried other algorithms and methods, but if they don't have the highest hash rate, then they aren't using the most distributed source of entropy to regulate it and we now have leaders. That is the antithesis of Bitcoin. If you believe that bitcoin is captured now, just keep fighting for PoW so that those who wish to control it at the consensus layer cannot. Eventually fiat dies, their leverage runs out and bitcoin restores. Why fork off for a quick solution over the appropriate solution?

That's the name of the game. This is what happens when an unstoppable force (Bitcoin) meets an immovable object (ubiquitous fiat system). Lfg, lots of work to be done.

You call that a cartel?

I was a BIP-110 supporter and I’m returning to the legacy chain. I would have liked the miners to flip the bit to signal for BIP-110 but it’s not worth it at this point. Here’s why: BIP-110 didn’t fail because bitcoin is captured. It failed because there wasn’t enough support for BIP-110. Less than 20% of nodes were running it. Much less hashrate was supporting it. I want to try to draw a parallel to the physical world: If the people of the Midwest decide they want to tighten the rules for the entire USA, why would the USA make that change if they don’t feel the need to. The people of the Midwest say “We’re going to enforce these rules across the country and we think you should too.” The rest of the country says, “How are you going to enforce that?” The Midwest says, “Well, we’re all going to enforce it in the Midwest and about 15% of us have guns.” The country says, “How are you going to enforce that if you only make up 20% of the entire USA and only 15% of you have guns?” The Midwest says, “Just watch, everyone else will enforce it, so you should too.” My point is that if you want to make a change, you have to make some sacrifice. In the physical world people make sacrifices for change by putting themselves at risk both physically and financially. Not enough BIP-110 supporters really put any skin in the game. They ran BIP-110 nodes but they didn’t have enough conviction to put enough money into buying hashrate and mining bitcoin to actually enforce it. Back to my analogy, it would be like the Midwest saying, “We’re not going to spend any money on guns because we think the rest of the country who owns guns will enforce our rule, even though they said they won’t.” It doesn’t mean miners are completely in control of bitcoin. Less than 20% of nodes were running BIP-110 and miners ignored it. It was the more conservative thing to do. If 55% of nodes were running BIP-110, I don’t think miners would ignore it, even if hashrate was initially low. The whole BIP-110 movement was really about resisting centralization. It wasn’t about spam. It was that high rates of spam and arbitrary data would make noderunning more difficult and lead to centralization. At this point, now that BIP 110 is the minority chain, they're much more centralized than the legacy chain. the whole point of BIP 110 was to stop centralization and now BIP 110 is more centralized.

You do realize if 90% of nodes signalled, it still may not have got through?

I do. It would be much less likely for them to ignore 90% of nodes. At that point, there’s the risk that 90% of the network follows a proof of work change, sells all their “bitcoin” and buys “bip-110coin”. There’s no risk of that now. Bitcoin price barely moved after bip-110 failed. I would have loved for bip-110 to succeed but it’s done. Let’s learn from this. If we want a change, we need more economic support in the form of more plebs mining or buying hash rate.

Anyone can fork Bitcoin so the state with their people networks forked one for itself. Its been long known the state was getting ready to release a CBDC. Whether they release one using FED, IMF or fork their version of fully controlled Bitcoin doesn't matter if in the end this is fight between freedom tech decentralised permissionless money and fully controlled programmable money. Nothing has changed on this end.

Why do you care? You said : > There's really nothing left to say. At this point the hold outs are just shitcoiners. It's not like we spend a bunch of time educating XRP trolls. Why bother with the 110ers? They'll either quietly rejoin the network or loudly keep shitcoining.

Wouldn't the 90% of nodes just reject blocks mined by miners that ignored the signal? Making miners lose money until they comply?

Put your money where your mouth is. As long as you are only saying words, you have nothing but fluff.