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FluidFluxation's profile
Will 🗣️ 🌐
Will 🗣️ 🌐
Will  🗣️  🌐
@FluidFluxation

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Will  🗣️  🌐

@FluidFluxation

$I am‽ Generalist. Theorycraft.

Here, Now, Probably
Joined April 2011

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    1. Assange, Clean your bathroom ➳ Yang Ventures ➳‏ @YangVentures Jun 10
      Replying to @FluidFluxation @brian_trollz

      Good point, I dpn't for sure. Well I just I have a sense Luke Dash Jr. is trustworthy here. He"s veey smart, makes sense, seems to hate Bitmain centralizing BTC mining, etc. Wants PoW change with consensus.

      2 replies 0 retweets 0 likes
    2. Will  🗣️  🌐‏ @FluidFluxation Jun 10
      Replying to @YangVentures @brian_trollz

      Luke could be entirely pure in his intentions, be brilliant, and still be short sighted in how the industry will adapt to PoW change. Barring a black swan existential threat to all addresses (ie sha256 is broken), there will never be consensus to change PoW.

      2 replies 1 retweet 6 likes
    3. Will  🗣️  🌐‏ @FluidFluxation Jun 10
      Replying to @FluidFluxation @YangVentures @brian_trollz

      Changing the system because Bitmain carved itself a large piece of the pie is entirely against the ethos of Bitcoin. Top down incentive pressures are what we seek to avoid.pic.twitter.com/98jpmMi0tf

      1 reply 0 retweets 3 likes
    4. Storms‏ @austorms Jun 10
      Replying to @FluidFluxation @YangVentures @brian_trollz

      The PoW change that Luke recommended previously was an SHA2 variant “or” change. Whereas each manufacturer would produce an ASIC re: Halong SHA2 or Canaan SHA2 or GMO SHA2, and malicious miners (presumably Bitmain) wouldn’t have their SHA2 variant included in the PoW algo(s).

      3 replies 0 retweets 1 like
    5. Luke Dashjr‏ @LukeDashjr Jun 10
      Replying to @austorms @FluidFluxation and

      There are many possible PoW changes, with varying pros and cons. As broken as SHA2 is today, I would support (almost?) any of them.

      4 replies 0 retweets 1 like
    6. Vijay ⚡‏ @_vjy Jun 10
      Replying to @LukeDashjr @austorms and

      Relevant question, how do we know for sure, asic vendors sell miners as efficient as they use for themselves to mine..?

      1 reply 0 retweets 0 likes
    7. Luke Dashjr‏ @LukeDashjr Jun 10
      Replying to @_vjy @austorms and

      Don't tolerate ASIC vendors mining, for a start... That's absurd on its own right - companies should not compete against their customers like that.

      5 replies 0 retweets 3 likes
    8. Assange, Clean your bathroom ➳ Yang Ventures ➳‏ @YangVentures Jun 10
      Replying to @LukeDashjr @_vjy and

      Yes, it is a conflict of interest.

      1 reply 0 retweets 1 like
    9. Will  🗣️  🌐‏ @FluidFluxation Jun 10
      Replying to @YangVentures @LukeDashjr and

      If that was decreed, miners would just stop selling to customers and avoid the conflict.

      2 replies 0 retweets 1 like
    10. Storms‏ @austorms Jun 10
      Replying to @FluidFluxation @YangVentures and

      And why can’t they do that?

      1 reply 0 retweets 0 likes
      Will  🗣️  🌐‏ @FluidFluxation Jun 10
      Replying to @austorms @YangVentures and

      They can, they would, they shouldn't have to. Changing the PoW to cut off the largest infrastructure investor, or enforcing conflicts of interest on ASIC manufacturers are both anti capitalistic.

      7:56 PM - 10 Jun 2018
      2 replies 0 retweets 0 likes
        1. New conversation
        2. Luke Dashjr‏ @LukeDashjr Jun 10
          Replying to @FluidFluxation @austorms and

          Miners aren't infrastructure. Certainly not when centralised.

          2 replies 0 retweets 1 like
        3. Shinobi, CEO of Bitcoin‏ @brian_trollz Jun 10
          Replying to @LukeDashjr @FluidFluxation and

          They are definitely infrastructure, miners are some of the most core infrastructure to the Bitcoin protocol.

          2 replies 0 retweets 3 likes
        4. Assange, Clean your bathroom ➳ Yang Ventures ➳‏ @YangVentures Jun 10
          Replying to @brian_trollz @LukeDashjr and

          I think we're getting sidetracked by disagreements on definitions. If we show you Bitmain controls >51% of BTC mining hw then shouldn't you want a PoW change to mitigate the risk that Bitmain attacks BTC via mining. They can secretly mine w/ newest rigs, push miners to obey etc

          2 replies 0 retweets 2 likes
        5. Shinobi, CEO of Bitcoin‏ @brian_trollz Jun 10
          Replying to @YangVentures @LukeDashjr and

          No. I would not even support a POW change if we actually saw reorgs.

          2 replies 1 retweet 1 like
        6. Luke Dashjr‏ @LukeDashjr Jun 10
          Replying to @brian_trollz @YangVentures and

          This seems to suggest you are yourself a bad actor and we should ignore you. Am I missing something?

          1 reply 0 retweets 2 likes
        7. Shinobi, CEO of Bitcoin‏ @brian_trollz Jun 10
          Replying to @LukeDashjr @YangVentures and

          1) It alters the operational costs of everyone, you can't guarantee it can be sustained. 2) You have no clue if miners would shift where they are mining in response and negate the attack. 3) You have no idea how manufacturing might change the attackers control short term.

          1 reply 0 retweets 1 like
        8. Shinobi, CEO of Bitcoin‏ @brian_trollz Jun 10
          Replying to @brian_trollz @LukeDashjr and

          As well with secondary layers like Lightning, channels that have been opened for long periods effectively make it a non-issue for many in terms of transacting through such an attack.

          1 reply 0 retweets 1 like
        9. Shinobi, CEO of Bitcoin‏ @brian_trollz Jun 10
          Replying to @brian_trollz @LukeDashjr and

          I did not get into Bitcoin to flinch and introduce radical changes every single time someone gets jumpy at what happens.

          1 reply 0 retweets 2 likes
        10. 2 more replies
        1. Storms‏ @austorms Jun 10
          Replying to @FluidFluxation @YangVentures and

          pic.twitter.com/hIRxb0VUJs

          0 replies 0 retweets 0 likes
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