Tag Archives: bitcoin xt

Bonus Episode – Bitcoin Core has Lost Consensus

There is a lot of bad or just out-right wrong information going around about Bitcoin XT and BIP101. We discuss the upgrade process and provide context given the history of the digital currency. Reddit moderators have censored the discussion claiming Bitcoin XT is an alt-coin. Bitcoin XT nodes are under attack through TOR. We point out an article that has so many errors about bitcoin it is alarming.

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Correction:  If you assume the every transaction size is around 300 bytes then the bitcoin network can process less than 6 transactions a second.  Transactions usually are between 250 bytes and several kilobytes.

Episode 117 – Windows 10 is Spyware

Satoshi speaks!? and the Bitcoin blockchain debate evolves into a software fork. We discuss the ramifications of Bitcoin XT fork in detail. The Chinese Yuan is devalued three times in a week. Windows 10 is spyware. The Top 10 Gotchas of the New York BitLicense.

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SHOW NOTES:

Traditional Markets

gold $1114.70

silver $15.24

Dow Jones 17,477

oil $42.18

30y US Treasury  2.84%

Chinese Yuan  weakens to 6.39  from 6.22 per $ this week after three separate devaluing announced by the People’s bank of China.

Crypto Markets

BTC $258.83

LTC $3.95

Ether  .00508 BTC ~$1.31

Doge may be dead at 58 satoshis

Dash $2.95

Satoshi Speaks! and Blockchain debate, XT is live

https://www.reddit.com/r/Bitcoin/comments/3h6ofv/satoshi_responded_to_mike_hearn_why_is_nobody/

Windows 10

http://cointelegraph.com/news/115134/windows-10-a-serious-threat-to-bitcoin-privacy

Chinese Yuan https://mises.org/blog/why-china-devalued-yuan

Top 10 Gotchas

http://news.dinbits.com/2015/08/the-10-most-ridiculous-gotchas-in-ny.html

Bitcoin Software has forked

https://medium.com/@octskyward/why-is-bitcoin-forking-d647312d22c1?1