Gavin Andresen: It Was a Mistake to Blog Claiming Craig ...

Why The US Government Have Likely Already Approved Bitcoin

Hey Reddit, throwaway account. I'm currently doing some research for an article I hope to have published later this month. I have a very, very rough draft at the moment and your feedback would be lovely.
The Elephant in the Room
Bitcoin is an enigma. It has renowned economists like Paul Krugman entirely perplexed whilst Silicon Valley CEO's are falling over one another to get a piece of the action. The headlines change on a daily basis: “It's A Ponzi Scheme!”, “It's Gold 2.0!” , “It's A Bubble!”, “It's The New Internet!”.
As a result of these, often conflicting articles, it's value shoots up and down like a yo-yo, swinging wildly to the slightest bit of news, good or bad.
Of course, these swings wouldn't be so exaggerated if there was a simple way to address the elephant in the bitcoin legal?
Government officials have been oddly quiet in addressing this question. Aside from some rudimentary FINCEN guidelines and a vague ECB report, there's been no statement one way or another about its legal status.
Whilst I can't provide any definitive proof as to what decisions have and are being made behind closed government doors, I do think it's just possible we already have enough circumstantial evidence to suggest that the US government has already given Bitcoin the thumbs up.
Satoshi's Lament
Back in December 2010 Satoshi was involved in a heated discussion amongst Bitcoin developers on BitcoinTalk as to whether they should support Julian Assange by offering Bitcoin as a means to bypass the notorious banking blockade that had rendered Wikileaks' cash reserves impotent. Bitcoin's creator, Satoshi Nakamoto, was extremely wary that any association with Julian and Wikileaks would 'bring too much heat' to the project.
“No, don't 'bring it on'” he pleaded with his fellow developers. “The project needs to grow gradually so the software can be strengthened along the way.” He went on to clarify. “I make this appeal to WikiLeaks not to try to use Bitcoin. Bitcoin is a small beta community in its infancy. You would not stand to get more than pocket change, and the heat you would bring would likely destroy us at this stage.”
By 'destroy us', he was likely talking about a government or corporation pulling the trigger on this nascent project. Amongst other things, Satoshi was fearful that if a nefarious entity such as a commercial bank got wind of the project, at that point in time they could have easily compromised the project by purchasing enough computing power to overrun the network (known as a 51% attack).
Despite Satoshi's protestations, Wikileaks went along and adopted Bitcoin and, it seemed Satoshi's worst fears were confirmed when, just 4 months later in April 2011, Gavin Andresen (now lead developer at the Bitcoin Foundation) announced that the C.I.A. had contacted him.
“I'm going to give a presentation about Bitcoin at the C.I.A headquarters in June at an emerging technologies conference...I accepted the invitation to speak because the fact that I was invited means Bitcoin is already on their radar, and I think it might be a good chance to talk about why I think Bitcoin will make the world a better place. I think the goals of this project are to create a better currency...I don't think any of those goals are incompatible with the goals of government.”
Satoshi disappeared shortly after.
Gavin recently spoke to the New Yorker about the event. "...I think people realized once I got invited to speak at the C.I.A. that there was no kind of hiding. They, whoever “they” are, already knew about this project." [Source:]
The Silk Road Goes Live
2011 also saw the release of the notorious 'Ebay for Drugs' website, Silk Road. It received much press attention, first breaking in June via Gawker where a developer described his experience of buying LSD through the site as "Kind of like being in the future". It was clear that the Silk Road was where Bitcoin would find its first major real-world trading niche and it's not a coincidence that the BTC price, client downloads and trading volume began to skyrocket after its inception. [Source:]
A week after the Gawker article, Senator Chuck Schumer called a press conference where he went on record demanding that the Silk Road be shut down “Something must be done about Silk Road...Literally, it allows buyers and users to sell illegal drugs online, including heroin, cocaine, and meth, and users sell by hiding their identities through a program that makes them virtually untraceable...[it's] the most brazen attempt to peddle drugs online that we have ever seen. It's more brazen than anything else by lightyears." he told the assembled press.
As an aside, it is worth noting that the program that “hides user identities” is TOR, developed by the US Naval Research laboratory and endorsed by Senator Hilary Clinton (Schuman's former co-Senator from the state of New York) as “an important tool for freedom of expression around the world”. Indeed, the TOR Project claims that over 80% of its funding in 2012 came directly from the U.S Government [Source: Tor Project Annual Report 2012]
The Radar Screen Lights Up
Suddenly, thanks to the Silk Road and Wikileaks, Bitcoin was now on the radar of those in public office. The question on everyones lips must have been “How do we kill Bitcoin (and by extension Wikileaks and Silkroad)?”
The C.I.A, thanks to Gavin, were now fully aware of the threat Bitcoin posed to the the current monetary system, and the illegal activities it was funding via Silk Road and other places would have done nothing but confound their concerns (or so you would think). They must have also known (just as Satoshi did) that if there was ever an opportunity to kill Bitcoin (either with regulation, criminal proceedings and/or a 51% attack) then it was back then, in 2011, with the network still in its infancy, that they should strike.
We should have expected the kind of domain seizures that we saw with the likes of Megaupload; Bitcointalk, and the Bitcoin Foundation should have been wiped off the map. They could have also moved with the banks to shutdown any accounts seen to be associated with Bitcoin trading (as we saw happen with Online Gambling websites during the Bush Regime). They could have then disrupted what remained of the Bitcoin network by performing a relatively cheap and simple 51% attack.
And yet, none of that happened... and the Bitcoin Foundation have been left to prosper and go from strength to strength. VC's, Wall Street traders and the average Joe were all left free to pump money into this burgeoning experiment without any government intervention whatsoever.
Eric, Julian and the Bilderberg Group
Back in 2010 Google dipped their toes into the world of virtual currencies, acquiring a little known company called Jambool for $70m. For awhile they ran a platform called Social Gold which was later usurped in 2011 by Facebook Credits (Facebook's attempt at a virtual currency). This was phased out in mid-2012. Techcrunch cites that this was likely due to the problems Facebook had encountered in educating the public about using another form of currency, and goes on to speculate that by offering a centralised means of exchange, Facebook may have also faced increasing legal and regulatory scrutiny.
In June 2011, Julian Assange met Eric Schmidt online in a secret 5 hour chat in which they discussed - amongst other things - Bitcoin. The full transcript - which was leaked last month - is available here:
Also in attendance at the meeting was Jared Cohen, a former Secretary of State advisor to Hillary Clinton, Scott Malcomson, Director of Speechwriting for Ambassador Susan Rice at the US State Department and current Communications Director of the International Crisis Group, and Lisa Shields, Vice President of the Council on Foreign Relations.
Here's an excerpt:
JA: ...there’s also a very nice little paper that I’ve seen in relation to Bitcoin, that… you know about Bitcoin?
ES: No.
JA: Okay, Bitcoin is something that evolved out of the cypherpunks a couple of years ago, and it is an alternative… it is a stateless currency.

JA: And very important, actually. It has a few problems. But its innovations exceed its problems. Now there has been innovations along these lines in many different paths of digital currencies, anonymous, untraceable etc. People have been experimenting with over the past 20 years. The Bitcoin actually has the balance and incentives right, and that is why it is starting to take off. The different combination of these things. No central nodes. It is all point to point. One does not need to trust any central mint….
ES: That's very interesting
So, now we know Bitcoin was on the radar of the C.I.A, various politicians and, thanks to Julian, the CEO of Google was now beginning to get an inkling as to its disruptive potential.
Just 13 days prior to the Assange meet, Eric had attended the annual meeting of the notoriously secretive Bilderberg Group in St. Moritz, Switzerland and went on to attend the meet again in June 2012.
Topics of discussion included:
Some of the 2011/12 attendees included:
Heads of Barclays Bank, AXXA, HSBC and the President of The World Bank Group were also in attendance.
To see so many tech luminaries in attendance at Bilderberg is indicative of the kind of power and respect that geeks and hackers now command in shaping the world stage. Just how many high-level decisions are being influenced by this new technorati is hard to say, but in a rapidly changing world where technology is moving faster than the old rules remain relevant, we are seeing that people, united through technology on a global scale – not governments – are dictating the speed of change.
Joining The Dots
None of this means that bitcoins ride is going to be friction-free - just because Eric Schmidt is open to the idea of bitcoin displacing traditional currencies (as he and Jared Cohen alluded to in a recent CNBC interview), does not mean that Douglas Flint (Group Chairman, HSBC) is going to be equally enthused.
However, I do think that if we join up all the dots the general conclusion that we can draw looks overwhelmingly positive for the future of bitcoin. That so many powerful actors within the intelligence community, technology industry and government have let bitcoin survive this long is almost an endorsement itself.
It suggests to me that any nefarious corporations that attempt to shutdown bitcoin because of a perceived threat to their business model, will be met by those same powerful actors coming together to ensure they will have a very tough fight on their hands.
Indeed, in the years to come, we may well see Hilary Clinton coming out to trumpet bitcoin as “an important tool for freedom of expression around the world” in much the same way she praised the TOR project.
And perhaps, ultimately, we will discover that bitcoin, like TOR, was also developed by the US Naval Research Laboratory.
Though I prefer to think it was just some lone genius sitting in his attic who accidentally changed the world.
Whatever may be the case, it seems that - for now at least - our governments have handed their people a rare gift – the freedom to shape their own future.
It's up to us to try not to screw that up.
submitted by JuliusPragatan to Bitcoin [link] [comments]

Full English Transcript of Gavin's AMA on 8BTC, April 21st. (Part 1)

Part 2
Part 3
Raw transcript on Google Docs (English+Chinese):
Translators/Organizers: emusher, kcbitcoin, nextblast, pangcong, Red Li, WangXiaoMeng. (Ranked in alphabetical order)
Q: What is your relationship with Blockstream now? Are you in a Cold War? Your evaluation on BS was pretty high “If this amazing team offers you a job, you should take it,” tweeted Gavin Andresen, Chief Scientist, Bitcoin Foundation.” But now, what’s your opinion on BS?
A: I think everybody at Blockstream wants Bitcoin to succeed, and I respect and appreciate great work being done for Bitcoin by people at Blockstream.
We strongly disagree on priorities and timing; I think the risks of increasing the block size limit right away are very small. I see evidence of people and businesses getting frustrated by the limit and choosing to use something else (like Ethereum or a private blockchain); it is impossible to know for certain how dangerous that is for Bitcoin, but I believe it is more danger than the very small risk of simply increasing or eliminating the block size limit.
2. Ma_Ya
Q: 1) Why insist on hard fork at only 75%? You once explained that it is possible to be controlled by 5% if we set the threshold at 95%. I agree, but there should be some balance here. 75% means a high risk in splitting, isn’t it too aggressive? Is it better if we set it to 90%?
A: 1)The experience of the last two consensus changes is that miners very quickly switch once consensus reaches 75% -- the last soft fork went from 75% support to well over 95% support in less than one week. So I’m very confident that miners will all upgrade once the 75% threshold is reached, and BIP109 gives them 28 days to do so. No miner wants to create blocks that will not be accepted by the network.
Q: 2) How to solve the potentially very large blocks problem Classic roadmap may cause, and furthur causing the centralization of nodes in the future?
A: 2)Andreas Antonopoulos gave a great talk recently about how people repeatedly predicted that the Internet would fail to scale. Smart engineers proved them wrong again and again, and are still busy proving them wrong today (which is why I enjoy streaming video over my internet connection just about every night).
I began my career working on 3D graphics software, and saw how quickly we went from being able to draw very simple scenes to today’s technology that is able to render hundreds of millions of triangles per second.
Processing financial transactions is much easier than simulating reality. Bitcoin can easily scale to handle thousands of transactions per second, even on existing computers and internet connections, and even without the software optimizations that are already planned.
Q: 3) Why do you not support the proposal of RBF by Satoshi, and even plan to remove it in Classic completely?
A: 3) Replace-by-fee should be supported by most of the wallets people are using before it is supported by the network. Implementing replace-by-fee is very hard for a wallet, especially multi-signature and hardware wallets that might not be connected to the network all of the time.
When lots of wallet developers start saying that replace-by-fee is a great idea, then supporting it at the network level makes sense. Not before.
Q: 4) . Your opinion on soft fork SegWit, sidechain, lighnting network. Are you for or against, please give brief reasons. Thanks.
A: 4) The best way to be successful is to let people try lots of different things. Many of them won’t be successful, but that is not a problem as long as some of them are successful.
I think segregated witness is a great idea. It would be a little bit simpler as a hard fork instead of a soft fork (it would be better to put the merkle root for the witness data into the merkle root in the block header instead of putting it inside a transaction), but overall the design is good.
I think sidechains are a good idea, but the main problem is finding a good way to keep them secure. I think the best uses of sidechains will be to publish “write-only” public information involving bitcoin. For example, I would like to see a Bitcoin exchange experiment with putting all bids and asks and trades on a sidechain that they secure themselves, so their customers can verify that their orders are being carried out faithfully and nobody at the exchanges is “front-running” them.
Q: 5) Can you share your latest opinion on Brainwallet? It is hard for new users to use long and complex secure passphrase, but is it a good tool if it solves this problem?
A: 5) We are very, very bad at creating long and complex passphrases that are random enough to be secure. And we are very good at forgetting things.
We are much better at keeping physical items secure, so I am much more excited about hardware wallets and paper wallets than I am about brain wallets. I don’t trust myself to keep any bitcoin in a brain wallet, and do not recommend them for anybody else, either.
3. BiTeCui
Q: Gavin, do you have bitcoins now? What is your major job in MIT? Has FBI ever investigated on you? When do you think SHA256 might be outdated, it seems like it has been a bit unsafe?
A: Yes, a majority of my own person wealth is still in bitcoins -- more than a financial advisor would say is wise.
My job at MIT is to make Bitcoin better, in whatever way I think best. That is the same major job I had at the Bitcoin Foundation. Sometimes I think the best way to make Bitcoin better is to write some code, sometimes to write a blog post about what I see happening in the Bitcoin world, and sometimes to travel and speak to people.
The FBI (or any other law enforcement agency) has never investigated me, as far as I know. The closest thing to an investigation was an afternoon I spent at the Securities and Exchange Commission in Washington, DC. They were interested in how I and the other Bitcoin developers created the software and how much control we have over whether or not people choose to run the software that we create.
“Safe or unsafe” is not the way to think about cryptographic algorithms like SHA256. They do not suddenly go from being 100% secure for everything to completely insecure for everything. I think SHA256 will be safe enough to use in the all ways that Bitcoin is using it for at least ten years, and will be good enough to be used as the proof-of-work algorithm forever.
It is much more likely that ECDSA, the signature algorithm Bitcoin is using today, will start to become less safe in the next ten or twenty years, but developer are already working on replacements (like Schnorr signatures).
4. SanPangHenBang
Q: It’s a pleasure to meet you. I only have one question. Which company are you serving? or where do you get your salary?
A: The Media Lab at MIT (Massachusetts Institute of Technology) pays my salary; I don’t receive regular payments from anybody else.
I have received small amounts of stock options in exchange for being a techical advisor to several Bitcoin companies (Coinbase, BitPay, Bloq, Xapo, Digital Currency Group, CoinLab, TruCoin, Chain) which might be worth money some day if one or more of those companies do very well. I make it very clear to these companies that my priority is to make Bitcoin better, and my goal in being an advisor to them is to learn more about the problems they face as they try to bring Bitcoin to more of their customers.
And I am sometimes (once or twice a year) paid to speak at events.
Q: Would you mind share your opinion on lightning network? Is it complicated to implement? Does it need hard fork?
A: Lightning does not need a hard fork.
It is not too hard to implement at the Bitcoin protocol level, but it is much more complicated to create a wallet capable of handling Lightning network payments properly.
I think Lightning is very exciting for new kinds of payments (like machine-to-machine payments that might happen hundreds of times per minute), but I am skeptical that it will be used for the kinds of payments that are common on the Bitcoin network today, because they will be more complicated both for wallet software and for people to understand.
6. pangcong
Q: 1) There has been a lot of conferences related to blocksize limit. The two took place in HongKong in Decemeber of 2015 and Feberary of 2016 are the most important ones. Despite much opposition, it is undeniable that these two meetings basically determines the current status of Bitcoin. However, as the one of the original founders of Bitcoin, why did you choose to not attend these meetings? If you have ever attended and opposed gmax’s Core roadmap (SegWit Priority) in one of the meetings, we may be in a better situation now, and the 2M hard fork might have already begun. Can you explain your absence in the two meetings? Do you think the results of both meetings are orchestrated by blockstream?
A: 1) I attended the first scaling conference in Montreal in September of 2015, and had hoped that a compromise had been reached.
A few weeks after that conference, it was clear to me that whatever compromise had been reached was not going to happen, so it seemed pointless to travel all the way to Hong Kong in December for more discussion when all of the issues had been discussed repeatedly since February of 2015.
The February 2016 Hong Kong meeting I could not attend because I was invited only a short time before it happened and I had already planned a vacation with my family and grandparents.
I think all of those conferences were orchestrated mainly by people who do not think raising the block size limit is a high priority, and who want to see what problems happen as we run into the limit.
Q: 2) We have already known that gmax tries to limit the block size so as to get investment for his company. However, it is obvious that overthrowing Core is hard in the short term. What if Core continues to dominate the development of Bitcoin? Is it possible that blockstream core will never raise the blocksize limit because of their company interests?
A: 2) I don’t think investment for his company is Greg’s motivation-- I think he honestly believes that a solution like lightning is better technically.
He may be right, but I think it would be better if he considered that he might also be wrong, and allowed other solutions to be tried at the same time.
Blockstream is a funny company, with very strong-willed people that have different opinions. It is possible they will never come to an agreement on how to raise the blocksize limit.
7. HeiYanZhu
Q: I would like to ask your opinion on the current situation. It’s been two years, but a simple 2MB hard fork could not even be done. In Bitcoin land, two years are incredibly long. Isn’t this enough to believe this whole thing is a conspiracy?
A: I don’t think it is a conspiracy, I think it is an honest difference of opinion on what is most important to do first, and a difference in opinion on risks and benefits of doing different things.
Q: How can a multi-billion network with millions of users and investors be choked by a handful of people? How can this be called decentrilized and open-source software anymore? It is so hard to get a simple 2MB hard fork, but SegWig and Lighting Network with thousands of lines of code change can be pushed through so fast. Is this normal? It is what you do to define if you are a good man, not what you say.
A: I still believe good engineers will work around whatever unnecessary barriers are put in their way-- but it might take longer, and the results will not be as elegant as I would prefer.
The risk is that people will not be patient and will switch to something else; the recent rapid rise in developer interest and price of Ethereum should be a warning.
Q: The problem now is that everybody knows Classic is better, however, Core team has controlled the mining pools using their powers and polical approaches. This made them controll the vast majority of the hashpower, no matter what others propose. In addition, Chinese miners have little communication with the community, and do not care about the developement of the system. Very few of them knows what is going on in the Bitcoin land. They almost handed over their own power to the mining pool, so as long as Core controls the pools, Core controls the whole Bitcoin, no matter how good your Classic is. Under this circumstance, what is your plan?
A: Encourage alternatives to Core. If they work better (if they are faster or do more) then Core will either be replaced or will have to become better itself. I am happy to see innovations happening in projects like Bitcoin Unlimited, for example. And just this week I see that Matt Corallo will be working on bringing an optmized protocol for relaying blocks into Core; perhaps that was the plan all along, or perhaps the “extreme thin blocks” work in Bitcoin Unlimited is making that a higher priority. In any case, competition is healthy.
Q: From this scaling debate, do you think there is a huge problem with Bitcoin development? Does there exsit development centrilization? Does this situation need improvment? For example, estabilish a fund from Bitcoin as a fundation. It can be used for hiring developers and maintainers, so that we can solve the development issue once and for all.
A: I think the Core project spends too much time thinking about small probability technical risks (like “rogue miners” who create hard-to-validate blocks or try to send invalid blocks to SPV wallets) and not enough time thinking about much larger non-technical risks.
And I think the Core project suffers from the common open source software problem of “developers developing for developers.” The projects that get worked on are the technically interesting projects-- exciting new features (like the lightning network), and not improving the basic old features (like improving network performance or doing more code review and testing).
I think the situation is improving, with businesses investing more in development (but perhaps not in the Core project, because the culture of that project has become much less focused on short-term business needs and more on long-term exciting new features).
I am skeptical that crowd-funding software development can work well; if I look at other successful open source software projects, they are usually funded by companies, not individuals.
You are one of the most-repected person in Bitcoin world, I won’t miss the chance to ask some questions. First of all, I am a Classic supporter. I strongly believe that on-chain transcations should not be restrained artificially. Even if there are transcations that are willing to go through Lighting Network in the future, it should be because of a free market, not because of artificial restrication. Here are some of my questions:
Q: 1) For the past two years, you’ve been proposing to Core to scale Bitcoin. In the early days of the discussion, Core devs did agree that the blocksize should be raised. What do you think is the major reason for Core to stall scaling. Does there exist conflict of interest between Blockstream and scaling?
A: 1) There might be unconscious bias, but I think there is just a difference of opinion on priorities and timing.
Q: 2) One of the reason for the Chinese to refuse Classic is that Classic dev team is not technically capable enough for future Bitcoin development. I also noticed that Classic does have a less frequent code release compared to Core. In your opinion, is there any solution to these problems? Have you ever thought to invite capable Chinese programers to join Classic dev team?
A: 2) The great thing about open source software is if you don’t think the development team is good enough (or if you think they are working on the wrong things) you can take the software and hire a better team to improve it.
Classic is a simple 2MB patch on top of Core, so it is intentional that there are not a lot of releases of Classic.
The priority for Classic right now is to do things that make working on Classic better for developers than working on Core, with the goal of attracting more developers. You can expect to see some results in the next month or two.
I invite capable programmers from anywhere, including China, to help any of the teams working on open source Bitcoin software, whether that is Classic or Core or Unlimited or bitcore or btcd or ckpool or p2pool or bitcoinj.
Q: 3) Another reason for some of the Chinese not supporting Classic is that bigger blocks are more vulnerable to spam attacks. (However, I do think that smaller blocks are more vlunerable to spam attack, because smaller amount of money is needed to choke the blockchain.) What’s our opinion on this?
A: 3) The best response to a transaction spam attack is for the network to reject transactions that pay too little fees but to simply absorb any “spam” that is paying as much fees as regular transactions.
The goal for a transaction spammer is to disrupt the network; if there is room for extra transactions in blocks, then the network can just accept the spam (“thank you for the extra fees!”) and continue as if nothing out of the ordinary happened.
Nothing annoys a spammer more than a network that just absorbs the extra transactions with no harmful effects.
Q: 4) According to your understanding on lighting network and sidechains,if most Bitcoin transactions goes throught lighting network or sidechains, it possible that the fees paid on the these network cannot reach the main-chain miners, which leaves miners starving. If yes, how much percent do you think will be given to miners.
A: 4) I don’t know, it will depend on how often lightning network channels are opened and closed, and that depends on how people choose to use lightning.
Moving transactions off the main chain and on to the lightning network should mean less fees for miners, more for lightning network hubs. Hopefully it will also mean lower fees for users, which will make Bitcoin more popular, drive up the price, and make up for the lower transaction fees paid to miners.
Q: 5) The concept of lighting network and sidechains have been out of one or two years already, when do you think they will be fully deployed.
A: 5) Sidechains are already “fully deployed” (unless you mean the version of sidechains that doesn’t rely on some trusted gateways to move bitcoin on and off the sidechain, which won’t be fully deployed for at least a couple of years). I haven’t seen any reports of how successful they have been.
I think Lightning will take longer than people estimate. Seven months ago Adam Back said that the lightning network might be ready “as soon as six months from now” … but I would be surprised if there was a robust, ready-for-everybody-to-use lightning-capable wallet before 2018.
Q: 6)Regarding the hard fork, Core team has assumed that it will cause a chain-split. (Chinese miners are very intimitated by this assumption, I think this is the major reason why most of the Chinese mining pools are not switching to Classic). Do you think Bitcoin will have a chain-split?
A: 6) No, there will not be a chain split. I have not talked to a single mining pool operator, miner, exchange, or major bitcoin business who would be willing to mine a minority branch of the chain or accept bitcoins from a minority branch of the main chain.
Q: 7) From your point of view, do you think there is more Classic supporters or Core supporters in the U.S.?
A: 7) All of the online opinion pools that have been done show that a majority of people worldwide support raising the block size limit.
9. btcc123
Q: Which is more in line with the Satoshi’s original roadmap, Bitcoin Classic or Bitcoin Core? How to make mining pools support and adopt Bitcoin Classic?
A: Bitcoin Classic is more in line with Satoshi’s original roadmap.
We can’t make the mining pools do anything they don’t want to do, but they are run by smart people who will do what they think is best for their businesses and Bitcoin.
Q: Do you have any solution for mining centralization? What do you think about the hard fork of changing mining algorithms?
A: I have a lot of thoughts on mining centralization; it would probably take ten or twenty pages to write them all down.
I am much less worried about mining centralization than most of the other developers, because Satoshi designed Bitcoin so miners make the most profit when they do what is best for Bitcoin. I have also seen how quickly mining pools come and go; people were worried that the DeepBit mining pool would become too big, then it was…
And if a centralized mining pool does become too big and does something bad, the simplest solution is for businesses or people to get together and create or fund a competitor. Some of the big Bitcoin exchanges have been seriously considering doing exactly that to support raising the block size limit, and that is exactly the way the system is supposed to work-- if you don’t like what the miners are doing, then compete with them!
I think changing the mining algorithm is a complicated solution to a simple problem, and is not necessary.
11. ChaLi
Q: Last time you came to China, you said you want to "make a different". I know that in USA the opposition political party often hold this concept, in order to prevent the other party being totally dominant. Bitcoin is born with a deep "make a different" nature inside. But in Chinese culture, it is often interpreted as split “just for the sake of splitting”, can you speak your mind on what is your meaning of "make a different"?
A: I started my career in Silicon Valley, where there is a lot of competition but also a lot of cooperation. The most successful companies find a way to be different than their competitors; it is not a coincidence that perhaps the most successful company in the world (Apple Computer) had the slogan “think different.”
As Bitcoin gets bigger (and I think we all agree we want Bitcoin to get bigger!) it is natural for it to split and specialize; we have already seen that happening, with lots of choices for different wallets, different exchanges, different mining chips, different mining pool software.
12. bluestar
Q: 1) The development of XT and Classic confirmed my thoughts that it is nearly impossible to use a new version of bitcoin to replace the current bitcoin Core controlled by Blockstream. I think we will have to live with the power of Blockstream for a sufficient long time. It means we will see the deployment of SegWit and Lighting network. If it really comes to that point, what will you do? Will you also leave like Mike Hearn?
A: 1) With the development of Blockchain, bitcoin will grow bigger and bigger without any doubts, And also there will be more and more companies related to the bitcoin network. When it comes to money, there will be a lot of fights between these companies. Is it possible to form some kind of committee to avoid harmful fights between these companies and also the situation that a single company controlling the direction of the bitcoin development? Is there any one doing this kind of job right now?
Q: 2) My final question would be, do you really think it is possible that we can have a decentralized currency? Learning from the history, it seems like every thing will become centralized as long as it involves human. Do you have any picture for a decentralized currency or even a society? Thanks.
A: 2) I think you might be surprised at what most people are running a year or three from now. Perhaps it will be a future version of Bitcoin Core, but I think there is a very good chance another project will be more successful.
I remember when “everybody” was running Internet Explorer or Firefox, and people thought Google was crazy to think that Chrome would ever be a popular web browser. It took four years for Chrome to become the most popular web browser.
In any case, I plan on working on Bitcoin related projects for at least another few years. Eventually it will become boring or I will decide I need to take a couple of years of and think about what I want to do next.
As for fights between companies: there are always fights between companies, in every technology. There are organizations like the IETF (Internet Engineering Task Force) that try to create committees so engineers at companies can spend more time cooperating and less time fighting; I’m told by people who participate in IETF meetings that they are usually helpful and create useful standards more often than not.
Finally, yes, I do think we can have a “decentralized-enough” currency. A currency that might be controlled at particular times by a small set of people or companies, but that gives everybody else the ability to take control if those people or businesses misbehave.
13. satoshi
Hi Gavin, I have some questions:
Q: 1) I noticed there are some new names added to the classic team list. Most people here only know you and Jeff. Can you briefly introduce some others to the Chinese community?
A: 1)
Tom Zander has been acting as lead developer, and is an experienced C++ developer who worked previously on the Qt and Debian open source projects.
Pedro Pinheiro is on loan from, and has mostly worked on continuous integration and testing for Classic.
Jon Rumion joined recently, and has been working on things that will make life for developers more pleasant (I don’t want to be more specific, I don’t want to announce things before they are finished in case they don’t work out).
Jeff has been very busy starting up Bloq, so he hasn’t been very active with Classic recently. I’ve also been very busy traveling (Barbados, Idaho, London and a very quick trip to Beijing) so haven’t been writing much code recently.
Q: 2) if bitcoin classic succeeded (>75% threshold), what role would you play in the team after the 2MB upgrade finished, as a leader, a code contributor, a consultant, or something else?
A: 2)Contributor and consultant-- I am trying not to be leader of any software project right now, I want to leave that to other people who are better at managing and scheduling and recruiting and all of the other things that need to be done to lead a software project.
Q: 3) if bitcoin classic end up failed to achieve mainstream adoption (<75% 2018), will you continue the endeavor of encouraging on-chain scaling and garden-style growth of bitcoin?
A: 3) Yes. If BIP109 does not happen, I will still be pushing to get a good on-chain solution to happen as soon as possible.
Q: 4) Have you encountered any threat in your life, because people would think you obviously have many bitcoins, like what happened to Hal Finney (RIP), or because some people have different ideas about what bitcoin's future should be?
A: 4) No, I don’t think I have received any death threats. It upsets me that other people have.
Somebody did threaten to release my and my wife’s social security numbers and other identity information if I did not pay them some bitcoins a couple of years ago. I didn’t pay, they did release our information, and that has been a little inconvenient at times.
Q: 5) Roger Ver (Bitcoin Jesus) said bitcoin would worth thousands of dollars. Do you have similar thoughts? If not, what is your opinion on bitcoin price in future?
A: 5) I learned long ago to give up trying to predict the price of stocks, currencies, or Bitcoin. I think the price of Bitcoin will be higher in ten years, but I might be wrong.
Q: 6) You've been to China. What's your impression about the country, people, and the culture here? Thank you!
A: 6) I had a very quick trip to Beijing a few weeks ago-- not nearly long enough to get a good impression of the country or the culture.
I had just enough time to walk around a little bit one morning, past the Forbidden City and walk around Tianmen Square. There are a LOT of people in China, I think the line to go into the Chairman Mao Memorial Hall was the longest I have ever seen!
Beijing reminded me a little bit of London, with an interesting mix of the very old with the very new. The next time I am in China I hope I can spend at least a few weeks and see much more of the country; I like to be in a place long enough so that I really can start to understand the people and cultures.
14. Pussinboots
Q: Dear Gavin, How could I contact you, we have an excellent team and good plans. please confirm your linkedin.
A: Best contact for me is [email protected] : but I get lots of email, please excuse me if your messages get lost in the flood.
15. satoshi
Q: Gavin, you've been both core and classic code contributor. Are there any major differences between the two teams, concerning code testing (quality control) and the release process of new versions?
A: Testing and release processes are the same; a release candidate is created and tested, and once sufficiently tested, a final release is created, cryptographically signed by several developers, and then made available for download.
The development process for Classic will be a little bit different, with a ‘develop’ branch where code will be pulled more quickly and then either fixed or reverted based on how testing goes. The goal is to create a more developer-friendly process, with pull requests either accepted or rejected fairly quickly.
16. tan90d
I am a bitcoin enthusiast and a coin holder. I thank you for your great contribution to bitcoin. Please allow me to state some of my views before asking:
  1. I'm on board with classic
  2. I support the vision to make bitcoin a powerful currency that could compete with Visa
  3. I support segwit, so I'll endorse whichever version of bitcoin implementation that upgrades to segwit, regardless of block size.
  4. I disagree with those who argue bitcoin main blockchain should be a settlement network with small blocks. My view is that on the main chain btc should function properly as a currency, as well as a network for settlement.
  5. I'm against the deployment of LN on top of small block sized blockchain. Rather, it should be built on a chain with bigger blocks.
  6. I also won’t agree with the deployment of many sidechains on top of small size block chain. Rather, those sidechains should be on chain with bigger blocks.
With that said, below are my questions:
Q: 1) If bitcoin is developed following core's vision, and after the 2020 halving which cuts block reward down to 6.125BTC, do you think the block transaction fee at that time will exceed 3BTC?
A: 1) If the block limit is not raised, then no, I don’t think transaction fees will be that high.
Q: 2) If bitcoin is developed following classic's vision, and after the 2020 halving which cuts block reward down to 6.125BTC, do you think the block transaction fee at that time will exceed 3BTC?
A: 2) Yes, the vision is lots of transactions, each paying a very small fee, adding up to a big total for the miners.
Q: 3) If bitcoin is developed following core's vision, do you think POW would fail in future, because the mining industry might be accounted too low value compared with that of the bitcoin total market, so that big miners could threaten btc market and gain profit by shorting?
*The questioner further explained his concern.
Currently, its about ~1.1 billion CNY worth of mining facilities protecting ~42 billion CNY worth (6.5 Billion USD) of bitcoin market. The ratio is ~3%. If bitcoin market cap continues to grow and we adopt layered development plan, the mining portion may decrease, pushing the ratio go even down to <1%, meaning we are using very small money protecting an huge expensive system. For example, in 2020 if bitcoin market cap is ~100 billion CNY, someone may attempt to spend ~1 billion CNY bribe/manipulate miners to attack the network, thus making a great fortune by shorting bitcoin and destroying the ecosystem.
A: 3) Very good question, I have asked that myself. I have asked people if they know if there have been other cases where people destroyed a company or a market to make money by shorting it -- as far as I know, that does not happen. Maybe because it is impossible to take a large short position and remain anonymous, so even if you were successful, you would be arrested for doing whatever you did to destroy the company or market (e.g. blow up a factory to destroy a company, or double-spend fraud to try to destroy Bitcoin).
Q: 4) If bitcoin is developed following classic's vision, will the blocks become too big that kill decentralization?
A: 4) No, if you look at how many transactions the typical Internet connection can support, and how many transactions even a smart phone can validate per second, we can support many more transactions today with the hardware and network connections we have now.
And hardware and network connections are getting faster all the time.
Q: 5) In theory, even if we scale bitcoin with just LN and sidechains, the main chain still needs blocks with size over 100M, in order to process the trading volume matching Visa's network. So does core have any on-chain scaling plan other than 2MB? Or Core does not plan to evolve bitcoin into something capable of challenging visa?
A: 5) Some of the Core developer talk about a “flexcap” solution to the block size limit, but there is no specific proposal.
I think it would be best to eliminate the limit all together. That sounds crazy, but the most successful Internet protocols have no hard upper limits (there is no hard limit to how large a web page may be, for example), and no protocol limit is true to Satoshi’s original design.
Q: 6) If (the majority of) hash rate managed to switch to Classic in 2018, will the bitcoin community witness the deployment of LN in two years (~2018)?
A: 6) The bottleneck with Lightning Network will be wallet support, not support down at the Bitcoin protocol level. So I don’t think the deployment schedule of LN will be affected much whether Classic is adopted or not.
Q: 7) If (majority) hash rate upgraded to blocks with segwit features in 2017 as specified in core's roadmap, would classic propose plans to work on top of that (blocks with segwit)? Or insist developing simplified segwit blocks as described in classic's roadmap?
A: 7) Classic will follow majority hash rate. It doesn’t make sense to do anything else.
Q: 8) If most hash rate is still on core's side before 2018, will you be disappointed with bitcoin, and announce that bitcoin has failed like what Mike did, and sell all your stashed coins at some acceptable price?
A: 8) No-- I have said that I think if the block size limit takes longer to resolve, that is bad for Bitcoin in the short term, but smart engineers will work around whatever road blocks you put in front of them. I see Bitcoin as a long-term project.
Q: 9) If we have most hash rate switched to classic's side before 2018, what do you think will be the fate of Blockstream company?
A: 9) I think Blockstream might lose some employees, but otherwise I don’t think it will matter much. They are still producing interesting technology that might become a successful business.
Q: 10) If we have most hash rate still on core's side before 2018, what do you think will be the fate of Blockstream company?
A: 10) I don’t think Blockstream’s fate depends on whether or not BIP109 is adopted. It depends much more on whether or not they find customers willing to pay for the technology that they are developing.
Q: 11) If we have most hash rate still on core's side before 2018, what do you think will be the fate of companies that support classic, such as Coinbse, bitpay, and
A: 11) We have already seen companies like Kraken support alternative currencies (Kraken supports Litecoin and Ether); if there is no on-chain scaling solution accepted by the network, I think we will see more companies “hedging their bets” by supporting other currencies that have a simpler road map for supporting more transactions.
Q: 12) If we have most hash rate switched to classic's side before 2018, will that hinder the development of sidechain tech? What will happen to companies like Rockroot(Rootstock?) ?
A: 12) No, I think the best use of sidechains is for things that might be too risky for the main network (like Rootstock) or are narrowly focused on a small number of Bitcoin users. I don’t think hash rate supporting Classic will have any effect on that.
Q: 13) Between the two versions of bitcoin client, which one is more conducive to mining industry, classic or core?
A: 13) I have been working to make Classic better for the mining industry, but right now they are almost identical so it would be dishonest to say one is significantly better than the other.
17. Alfred
Q: Gavin, can you describe what was in your mind when you first learned bitcoin?
A: I was skeptical that it could actually work! I had to read everything I could about it, and then read the source code before I started to think that maybe it could actually be successful and was not a scam.
submitted by kcbitcoin to btc [link] [comments]

Deconstructing the Blockchain to Approach Physical Limits

Date: 2018-11-08
Author(s): Vivek Bagaria, Sreeram Kannan, David Tse, Giulia Fanti, Pramod Viswanath

Link to Paper

Transaction throughput, confirmation latency and confirmation reliability are fundamental performance measures of any blockchain system in addition to its security. In a decentralized setting, these measures are limited by two underlying physical network attributes: communication capacity and speed-of-light propagation delay. Existing systems operate far away from these physical limits. In this work we introduce Prism, a new proof-of-work blockchain protocol, which can achieve 1) security against up to 50% adversarial hashing power; 2) optimal throughput up to the capacity C of the network; 3) confirmation latency for honest transactions proportional to the propagation delay D, with confirmation error probability exponentially small in CD ; 4) eventual total ordering of all transactions. Our approach to the design of this protocol is based on deconstructing the blockchain into its basic functionalities and systematically scaling up these functionalities to approach their physical limits.

  1. Ethereum Wiki proof of stake faqs: Grinding attacks.
  2. David Aldous and Jim Fill. Reversible markov chains and random walks on graphs, 2002.
  3. Gavin Andresen. Weak block thoughts... bitcoin-dev.
  4. Vivek Bagaria, Giulia Fanti, Sreeram Kannan, David Tse, and Pramod Viswanath. Prism++: a throughput-latency-security-incentive optimal proof of stake blockchain algorithm. In Working paper, 2018.
  5. Vitalik Buterin. On slow and fast block times, 2015.
  6. Alex de Vries. Bitcoin’s growing energy problem. Joule, 2(5):801–805, 2018.
  7. C. Decker and R. Wattenhofer. Information propagation in the bitcoin network. In IEEE P2P 2013 Proceedings, pages 1–10, Sept 2013.
  8. Ittay Eyal, Adem Efe Gencer, Emin G¨un Sirer, and Robbert Van Renesse. Bitcoinng: A scalable blockchain protocol. In NSDI, pages 45–59, 2016.
  9. Ittay Eyal and Emin G¨un Sirer. Majority is not enough: Bitcoin mining is vulnerable. Communications of the ACM, 61(7):95–102, 2018.
  10. Juan Garay, Aggelos Kiayias, and Nikos Leonardos. The bitcoin backbone protocol: Analysis and applications. In Annual International Conference on the Theory and Applications of Cryptographic Techniques, pages 281–310. Springer, 2015.
  11. Dina Katabi, Mark Handley, and Charlie Rohrs. Congestion control for high bandwidth-delay product networks. ACM SIGCOMM computer communication review, 32(4):89–102, 2002.
  12. Aggelos Kiayias, Alexander Russell, Bernardo David, and Roman Oliynykov. Ouroboros: A provably secure proof-of-stake blockchain protocol. In Annual International Cryptology Conference, pages 357–388. Springer, 2017.
  13. Uri Klarman, Soumya Basu, Aleksandar Kuzmanovic, and Emin G¨un Sirer. bloxroute: A scalable trustless blockchain distribution network whitepaper.
  14. Yoad Lewenberg, Yoram Bachrach, Yonatan Sompolinsky, Aviv Zohar, and Jeffrey S Rosenschein. Bitcoin mining pools: A cooperative game theoretic analysis. In Proceedings of the 2015 International Conference on Autonomous Agents and Multiagent Systems, pages 919–927. International Foundation for Autonomous Agents and Multiagent Systems, 2015.
  15. Yoad Lewenberg, Yonatan Sompolinsky, and Aviv Zohar. Inclusive block chain protocols. In International Conference on Financial Cryptography and Data Security, pages 528–547. Springer, 2015.
  16. Chenxing Li, Peilun Li, Wei Xu, Fan Long, and Andrew Chi-chih Yao. Scaling nakamoto consensus to thousands of transactions per second. arXiv preprint arXiv:1805.03870, 2018.
  17. Wenting Li, S´ebastien Andreina, Jens-Matthias Bohli, and Ghassan Karame. Securing proof-of-stake blockchain protocols. In Data Privacy Management, Cryptocurrencies and Blockchain Technology, pages 297–315. Springer, 2017.
  18. Satoshi Nakamoto. Bitcoin: A peer-to-peer electronic cash system. 2008.
  19. Christopher Natoli and Vincent Gramoli. The balance attack against proof-of-work blockchains: The r3 testbed as an example. arXiv preprint arXiv:1612.09426, 2016.
  20. Kartik Nayak, Srijan Kumar, Andrew Miller, and Elaine Shi. Stubborn mining: Generalizing selfish mining and combining with an eclipse attack. In Security and Privacy (EuroS&P), 2016 IEEE European Symposium on, pages 305–320. IEEE, 2016.
  21. Rafael Pass, Lior Seeman, and Abhi Shelat. Analysis of the blockchain protocol in asynchronous networks. In Annual International Conference on the Theory and Applications of Cryptographic Techniques, pages 643–673. Springer, 2017.
  22. Rafael Pass and Elaine Shi. Fruitchains: A fair blockchain. In Proceedings of the ACM Symposium on Principles of Distributed Computing. ACM, 2017.
  23. Rafael Pass and Elaine Shi. Hybrid consensus: Efficient consensus in the permissionless model. In LIPIcs-Leibniz International Proceedings in Informatics, volume 91. Schloss Dagstuhl-Leibniz-Zentrum fuer Informatik, 2017.
  24. Rafael Pass and Elaine Shi. Thunderella: Blockchains with optimistic instant confirmation. In Annual International Conference on the Theory and Applications of Cryptographic Techniques, pages 3–33. Springer, 2018.
  25. Peter R Rizun. Subchains: A technique to scale bitcoin and improve the user experience. Ledger, 1:38–52, 2016.
  26. Ayelet Sapirshtein, Yonatan Sompolinsky, and Aviv Zohar. Optimal selfish mining strategies in bitcoin. In International Conference on Financial Cryptography and Data Security, pages 515–532. Springer, 2016.
  27. Y Sompolinsky and A Zohar. Phantom: A scalable blockdag protocol, 2018.
  28. Yonatan Sompolinsky, Yoad Lewenberg, and Aviv Zohar. Spectre: A fast and scalable cryptocurrency protocol. IACR Cryptology ePrint Archive, 2016:1159, 2016.
  29. Yonatan Sompolinsky and Aviv Zohar. Secure high-rate transaction processing in bitcoin. In International Conference on Financial Cryptography and Data Security, pages 507–527. Springer, 2015.
  30. Statoshi. Bandwidth usage.
  31. TierNolan. Decoupling transactions and pow. Bitcoin Forum.
submitted by dj-gutz to myrXiv [link] [comments]

[Likely Solved] Bitcoin creator 'Satoshi Nakamoto' believed to be identified

From the linked article:
Australian entrepreneur Craig Wright has publicly identified himself as Bitcoin creator Satoshi Nakamoto.
His admission ends years of speculation about who came up with the original ideas underlying the digital cash system.
Mr. Wright has provided technical proof to back up his claim using coins known to be owned by Bitcoin's creator.
Prominent members of the Bitcoin community and its core development team have also confirmed Mr. Wright's claim.
At the meeting with the BBC, Mr. Wright digitally signed messages using cryptographic keys created during the early days of Bitcoin's development. The keys are inextricably linked to blocks of bitcoins known to have been created or "mined" by Satoshi Nakamoto.
"These are the blocks used to send 10 bitcoins to Hal Finney in January [2009] as the first bitcoin transaction," said Mr. Wright during his demonstration.
Renowned cryptographer Hal Finney was one of the engineers who helped turn Mr. Wright's ideas into the Bitcoin protocol, he said.
"I was the main part of it, but other people helped me," he said.
Mr. Wright said he planned to release information that would allow others to cryptographically verify that he is Satoshi Nakamoto.
Soon after Mr. Wright went public, Gavin Andresen, chief scientist at the Bitcoin Foundation, published a blog backing his claim.
"I believe Craig Steven Wright is the person who invented Bitcoin," he wrote.
submitted by Spingolly to UnresolvedMysteries [link] [comments]

Analyzing the Bitcoin Foundation's 2013 tax return

First, a disclaimer: I only have done (simple) accounting for a German non-profit. I have no idea about American tax laws, so I might be wrong on some things.
Here's the tax return. It's 33 pages but most of them are blank or uninteresting, so you can get through pretty quickly.
The interesting parts:
Page 2: The foundation had revenue of $877k but spent $1.4m, for a loss of $590k. Yet, its total net worth at the beginning of the year was $97k, and at the end it was $4.7m. You can probably guess how that happened, but it will be detailed later.
Page 8 shows the salaries the foundation pays.
All of them work (or "work") 40 hours a week.
Other listed employees, who don't receive compensation, are Jon Matonis (as executive director, 20 hours a week - we'll get back to the "no compensation" part later), and board members, including Peter Vessenes (known for failed businesses and suing MtGox), the convicted felon Charlie Shrem, and my namesake.
Page 9: Revenue. They made $358k off membership dues.
Page 11: Expenses. Interestingly, they spent $161k on management expenses (not salary). Also, they paid $15,431 in "fines and penalties" - how come we've never heard of that?
Page 12 is also interesting. They kept $314k in cash, but $4.5m in "other securities" - probably Bitcoin (up from $107k in the beginning of the year).
Seeing how their membership dues are less than the salaries they pay, their conferences lose money and they have little cash reserves, the Bitcoin foundation will likely go belly-up fast when the Bitcoin price stops rising or even goes down.
Page 23 provides the confirmation: their holdings of "other securities" are actually Bitcoin.
Page 31 is probably the strangest. According to that statement, the foundation paid a "The Hole of Roy, LLC" of a certain Jon Matonis $31k for his role as executive director. Why the payment is not given as salary but as a payment to a LLC which apparently runs a coffee shop in Utah, I have no idea.
tl;dr: The Bitcoin Foundation exists so a few people can pay themselves generous salaries and play important. Also, they seem to depend on the Bitcoin price rising seeing they lose money on revenue vs. expenses.
submitted by Mark_Karpeles_ to Buttcoin [link] [comments]

Do you believe it?

Really, do you believe it? The inventor of BTC? Australian entrepreneur Craig Wright openly acknowledged Satoshi Nakamoto, founder of the Internet virtual currency Bitcoin.
This recognition he made concluded over the years speculation about who invented bitcoin.
Wright provided technical evidence using bitcoin, which is known to be owned by bitcoin inventors, to support his claim. Some prominent figures in the bitcoin circle and the Bitcoin R & D core group also said Wright is real.
Shortly after Wright released his identity, Gavin Andresen of the Bitcoin Foundation expressed his support for Wright in his blog. He wrote: “I believe Craig Wright is the inventor of bitcoin.” Jon Matonis, an economist at the founding of the Bitcoin Foundation, said he was sure Wright said Really. Wright hopes to end the media’s public speculation about who is “Nakamoto” in the open.
After the media broke the news, Australian authorities quickly searched Wright’s home. However, the Australian tax authority said the search operation has nothing to do with bitcoin but rather a long-term investigation of tax issues.
------From gelonghui
submitted by Lostjac to u/Lostjac [link] [comments]

Subreddit Stats: ethtrader top posts from 2016-03-23 to 2017-03-23 07:05 PDT

Period: 364.61 days
Submissions Comments
Total 1000 56097
Rate (per day) 2.74 152.85
Unique Redditors 394 3829
Combined Score 75281 255219

Top Submitters' Top Submissions

  1. 2341 points, 31 submissions: twigwam
    1. Coinbase granted N.Y. approval to offer Ether trades (199 points, 48 comments)
    2. Forget Bitcoin. The Blockchain Could Reveal What'€™s True Today and Tomorrow [Wired] (147 points, 17 comments)
    3. [CNBC] Alternative cryptocurrency Ether has done something only Bitcoin has manage to do (143 points, 27 comments)
    4. Enterprise Ethereum Alliance Releases Vision Paper (124 points, 17 comments)
    5. To be clear, the proposed 'hard fork' will NOT roll any "blocks back, or to undo any transactions that have nothing to do with the DAO." (121 points, 47 comments)
    6. Business Giants to Announce Creation of a Computing System Based on Ethereum [New York Times] (114 points, 41 comments)
    7. Ethereum Price Rises as Corporations Move In (97 points, 18 comments)
    8. The Birth of Enterprise Ethereum in 2017 (86 points, 44 comments)
    9. Meanwhile in r / Economics :) ... (84 points, 15 comments)
    10. Microsoft, Big Banks Unite to form Massive Ethereum Consortium - Investopedia (83 points, 0 comments)
  2. 1916 points, 26 submissions: Mr_Yukon_C
    1. Me watching the ETH price rebound today! (203 points, 27 comments)
    2. Is it time for this yet? LOL (184 points, 22 comments)
    3. Vitalik on PoS/Casper -- "our current actually going quite well." (122 points, 23 comments)
    4. Vitalik addresses Vlad's tweet about reducing the block reward by a factor of 4 (114 points, 28 comments)
    5. Devcon3: venue will be in Cancun in November! (81 points, 36 comments)
    6. MarketWatch - Bitcoin rival Ethereum is making a comeback (81 points, 14 comments)
    7. Daily Discussion thread is starting to get a little out of hand and unprofessional... (73 points, 35 comments)
    8. Ethereum hashrate back at all time highs -- a good leading indicator of strength and confidence. (73 points, 43 comments)
    9. Must be getting close to the bottom -- extreme negative sentiment. (71 points, 105 comments)
    10. In case you missed it--we now have 9,000+ subscribers! (70 points, 8 comments)
  3. 1655 points, 20 submissions: -bawb405-
    1. AlphaBay Market adding Ethereum for payments (159 points, 37 comments)
    2. $20 felt good, but we're still in early adoption by a long shot (122 points, 143 comments)
    3. Tools and technologies in the Ethereum ecosystem (117 points, 7 comments)
    4. If it's anything like last year, remember to be thoughtful and helpful to noobs (110 points, 36 comments)
    5. Remember to be thoughtful and helpful to noobs (108 points, 25 comments)
    6. Enterprise Ethereum (includes JP Morgan, CME Group, BNY Mellon, Banco Santander, Microsoft, Red Hat, Cisco, Wipro and British Petroleum) is "looking to build scalable, secure implementations of the private ethereum blockchain with an eye to also help improve the public version of the technology" (101 points, 20 comments)
    7. Been posting on this community for a year+. Bought my first Ledger S Nano this week. Why the hell didn't I do this earlier? This is the simplest way to cold store ETH with total peace of mind that I've seen. I feel dumb for not doing it earlier. (97 points, 109 comments)
    8. Ethereum a Viable Alternative to Bitcoin as a Payment Network (94 points, 18 comments)
    9. Finally, fucking finally, I can instant purchase ETH! Thank you Coinbase! (88 points, 29 comments)
    10. United Nation's World Food Programme is utilizing the Ethereum blockchain to distribute cash assistance to the world’s hungriest families (83 points, 6 comments)
  4. 1472 points, 19 submissions: Nooku
    1. A hard fork is the best thing for the Ethereum network; credibility and ideology is bullshit. Ethereum simply has to execute programs, the rest comes later. (234 points, 326 comments)
    2. How it is to be an early adoptor (173 points, 41 comments)
    3. We were not joking. (92 points, 10 comments)
    4. Thank you MEW ( MyEtherWallet ) (89 points, 32 comments)
    5. The #2 reason to be invested in Ethereum (87 points, 26 comments)
    6. Which burden do you want to carry: Going to PoS with an anti-Ethereum hacker holding (1)5 % of the Ethers? Or having an anti-principle fork in the history of the network which prevented exactly that? (81 points, 95 comments)
    7. A new Bitcoin crisis: Bitcoin is suffering from a brain drain, accelerating Ethereum's brain gain (71 points, 22 comments)
    8. The truth about Ethereum (71 points, 25 comments)
    9. ETH keeps dropping so let's see who the winners are (68 points, 71 comments)
    10. PSA: Today, ETC has reached its all-time low against ETH. Don't forget to secure your dividends. (64 points, 69 comments)
  5. 1456 points, 20 submissions: econoar
    1. Santander Vies to Become First Bank to Issue Cash on Blockchain using Public Ethereum Chain (175 points, 68 comments)
    2. DAO hard fork proposal by Gavin Wood (121 points, 76 comments)
    3. DAO rescue hotfix (soft fork) released. (121 points, 67 comments)
    4. Coinbase VP Tells Forbes that Ethereum will be available for purchase on its retail site this month. (117 points, 46 comments)
    5. Never forget (79 points, 28 comments)
    6. RBS testing Ethereum as a Clearing and Settlement Mechanism, willing to use public chain if transaction speeds and some other criteria are met (77 points, 13 comments)
    7. 50% of today's ETH volume is on fiat pairs. Keep it up! (75 points, 5 comments)
    8. Ethpool and Ethermine voting for soft fork is live (68 points, 59 comments)
    9. JP Morgan looking to use Ethereum for data privacy (66 points, 3 comments)
    10. Fortune: Why J.P. Morgan Chase Is Building a Blockchain on Ethereum (64 points, 18 comments)
  6. 1448 points, 19 submissions: hodlor
    1. Petition Steam to accept Ether as payment! (228 points, 42 comments)
    2. Don't troll bitcoinmarkets (135 points, 39 comments)
    3. Light client syncs in 3 minutes, uses 30MB. (123 points, 44 comments)
    4. Ethereum is not an altcoin. (104 points, 49 comments)
    5. Ethereum kills two birds with one stone using Raiden: Anonymizing with Microtransactions (87 points, 33 comments)
    6. Why I just went 20% into DigixDAO (72 points, 181 comments)
    7. A blast from the past (70 points, 27 comments)
    8. I changed my mind about EtherDelta. I am impressed now. (70 points, 20 comments)
    9. Explain the Hardfork like I'm a one-legged pirate being chased by an English frigate (69 points, 16 comments)
    10. Ethereum is the most resilient thing I've ever seen. (62 points, 30 comments)
  7. 1360 points, 21 submissions: sandakersmann
    1. Vitalik Buterin on Twitter: "I am working 100% on ETH." (161 points, 21 comments)
    2. The 1 Reason Why These Entrepreneurs Are All In on Ethereum (ETH), Bitcoin’s Competitor (93 points, 11 comments)
    3. Gavin Andresen: "Ethereum has more nodes today than Bitcoin. Prediction: it's lead will grow even as its blockchain size exceeds bitcoin's." (85 points, 22 comments)
    4. Geth 1.4.12: From Shanghai With Love, hotfix for recent DoS issues. Please update! (81 points, 13 comments)
    5. I'm anti-HF, but now I run a node supporting the HF (80 points, 31 comments)
    6. Ethereum Surpasses All-Time High, Reaches $2 Billion Market Cap (66 points, 5 comments)
    7. New Blog post: An Update on Integrating Zcash on Ethereum (ZoE) (63 points, 14 comments)
    8. Transaction spam attack: Next Steps - Ethereum Blog (59 points, 4 comments)
    9. Announcing Parity 1.5: Multisig wallets, contract deployment, auto-updating, PoA/dev chains, badges & more (58 points, 11 comments)
    10. Vitalik Buterin: DAO Lessons, Casper and Blockchain Interoperability (Episode 171) (58 points, 2 comments)
  8. 1203 points, 19 submissions: Jackieknows
    1. Time for another Week in Ethereum News - Evan Van Ness (120 points, 8 comments)
    2. Vitalik Buterin: State clearing 100% complete. (105 points, 10 comments)
    3. Erik Voorhees on Twitter: I'm finding myself holding some extra ETH to use as payments, since Bitcoin is becoming too expensive/delayed (83 points, 33 comments)
    4. Ethereum ETF will be next (79 points, 54 comments)
    5. NY regulator approves Winklevoss bid to trade digital currency ether (79 points, 18 comments)
    6. "ETHEREUM: THE WORLD COMPUTER" Release: DEC. 16, 2016 (72 points, 13 comments)
    7. The Week in Ethereum - Evan Van Ness (65 points, 16 comments)
    8. Week in Ethereum -Evan Van Ness (65 points, 8 comments)
    9. This Week in Ethereum - Evan Van Ness (63 points, 7 comments)
    10. Kraken adds support for the Ethereum Standard DAO Framework (59 points, 4 comments)
  9. 1078 points, 12 submissions: heliumcraft
    1. Vitalik Buterin: Casper PoC3 backbone simulations: 3s block time, 1.25s avg latency + 2s avg clock offset: 1% stale rate (184 points, 44 comments)
    2. twitter: "There are more devs working on Ethereum & its ecosystem than Bitcoin. Discuss." (138 points, 24 comments)
    3. MetaMask public developer beta begins! Extension turns Chrome into an Ethereum Web3 browser! (132 points, 18 comments)
    4. Welcome to EthTrader ! (115 points, 13 comments)
    5. twitter: "Back when the price of ETH was $4 It was stated the Ethereum foundation had enough money for 4 years of operations. It's $40 now. (106 points, 20 comments)
    6. Reminder: There is a ethtrader telegram channel (78 points, 26 comments)
    7. Jack Peterson: "if anyone's curious why REP and ETH prices are tanking today, some shithead hacked Bob Shen and dumped his ETH+REP" (77 points, 71 comments)
    8. Light Client ready to test later this week (64 points, 14 comments)
    9. Light Client ready to test later this week (53 points, 0 comments)
    10. Status - a mobile Browser & Messenger for Ethereum (45 points, 8 comments)
  10. 1063 points, 18 submissions: BeerBellyFatAss
    1. This video should be stickied on Ethtrader as it gives new investors/traders a synopsis of what Ethereum is about. Upvote or downvote if you agree/disagree. (113 points, 11 comments)
    2. New to Ethereum - Please check out this 20 Min TED Talk - a high level overview by Don Tapscott: How the blockchain is changing money and business (79 points, 3 comments)
    3. Big Business Giants From Microsoft to J.P. Morgan Are Getting Behind Ethereum (68 points, 0 comments)
    4. Digital Currencies Show Potential To Be New Asset Class As Demand For Bitcoin Rival Ethereum Rises (68 points, 21 comments)
    5. Ethereum Research Update (59 points, 2 comments)
    6. Tech Giant Siemens is Now Working on Blockchain Microgrids with LO3-Ethereum (59 points, 10 comments)
    7. JPMorgan, Microsoft, Intel and others form new blockchain alliance (58 points, 3 comments)
    8. New to Ethereum? - I believe this is one of the best (high level) speeches that best describes Ethereum and blockchain in general. (55 points, 4 comments)
    9. Proof of Work Flaws: Ethereum Lays Out Proof of Stake Philosophy (55 points, 5 comments)
    10. Ethereum's Amazing Day Is Somehow A "Painful Lesson"? (54 points, 19 comments)

Top Commenters

  1. hodlor (5652 points, 905 comments)
  2. jtnichol (5250 points, 983 comments)
  3. Mr_Yukon_C (4897 points, 749 comments)
  4. ethacct (3287 points, 462 comments)
  5. econoar (3269 points, 348 comments)
  6. oldskool47 (2910 points, 483 comments)
  7. HandyNumber (2857 points, 586 comments)
  8. IRefuseToGiveAName (2757 points, 442 comments)
  9. etheraddict77 (2249 points, 526 comments)
  10. Dunning_Krugerrands (2173 points, 337 comments)
  11. huntingisland (2142 points, 515 comments)
  12. textrapperr (2110 points, 427 comments)
  13. Savage_X (1998 points, 463 comments)
  14. etheryum (1957 points, 347 comments)
  15. -o-o-o (1950 points, 434 comments)
  16. Hiphopsince1988 (1793 points, 316 comments)
  17. laughncow (1766 points, 387 comments)
  18. Joloffe (1709 points, 326 comments)
  19. Nooku (1611 points, 227 comments)
  20. CommodoreHodlor (1464 points, 300 comments)
  21. Empiricalgamer (1432 points, 315 comments)
  22. manimoa (1347 points, 224 comments)
  23. antiprosynthesis (1320 points, 783 comments)
  24. myownman (1311 points, 183 comments)
  25. BullBearBabyWhale (1291 points, 195 comments)

Top Submissions

  1. Fellow Etherians: when you wish you had purchased more, remember this... by mrcarner (429 points, 158 comments)
  2. Hivemind trading: For every upvote, I will long 1 ETH. For every downvotes, I will short 1 ETH. Let's do this. by Ignatius_G_Reilly (391 points, 32 comments)
  3. This sub for the last few days by pekkapekkanen (346 points, 68 comments)
  4. My final margin call by revcback (309 points, 248 comments)
  5. HIGH ROAD GENTS (AND GALS) by laughncow (288 points, 73 comments)
  6. Don't Trade Your ETH by carlslarson (287 points, 133 comments)
  7. Investopedia's word of the day: Ethereum! by barecoin (282 points, 16 comments)
  8. Welcome Bitcoin people! by tr4nsatlantic (272 points, 98 comments)
  9. President of Coinbase Fred Ehrsam on why Ethereum represents the future of crypto by soforth (254 points, 105 comments)
  10. PSA Hackers scan this forum looking for victims by dirtybitsxxx (246 points, 96 comments)

Top Comments

  1. 243 points: insomniasexx's comment in My final margin call
  2. 130 points: ProtectYourMind's comment in Monster support wall on GDAX
  3. 128 points: Trencheel303's comment in Fellow Etherians: when you wish you had purchased more, remember this...
  4. 123 points: stanf's comment in [Daily Discussion] - 16/Ma2017
  5. 121 points: Xanesghost's comment in [Daily Discussion] - 18/Ma2017
  6. 117 points: Bingbongfly's comment in My final margin call
  7. 108 points: Fuyuki_Wataru's comment in This sub for the last few days
  8. 108 points: HowRiskyIsDatClick's comment in [Daily Discussion] - 13/Ma2017
  9. 106 points: Empiricalgamer's comment in [Daily Discussion] - 15/Ma2017
  10. 99 points: nbr1bonehead's comment in Welcome Bitcoin people!
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

Subreddit Stats: btc posts from 2017-10-03 to 2017-10-09 13:22 PDT

Period: 6.50 days
Submissions Comments
Total 837 20193
Rate (per day) 128.85 2692.43
Unique Redditors 489 2132
Combined Score 26601 69285

Top Submitters' Top Submissions

  1. 1086 points, 17 submissions: increaseblocks
    1. Another all time low achieved - The Blockstream CSO just reported Coinbase to the NYDFS (on Twitter) claiming they are violating the Bitlicense (199 points, 91 comments)
    2. Craig Wright is NOT the face of or "CEO" Bitcoin Cash (181 points, 116 comments)
    3. Bitcoin Cash (BCH) Withdrawals now available on Gemini exchange (176 points, 39 comments)
    4. In just the month of September 2017 alone rBitcoin mods censored 5633 posts and comments! (115 points, 19 comments)
    5. Forget stealing data — these hackers broke into Amazon's cloud to mine bitcoin (91 points, 11 comments)
    6. Why Blockstream Is So Loudly Against Segwit2x (72 points, 52 comments)
    7. 10 reasons why Reddit admins should close down Bitcoin and not BTC (63 points, 62 comments)
    8. These are the real enemies of Bitcoin (43 points, 23 comments)
    9. Bitcoin Core developers along with Blockstream are destroying Bitcoin (36 points, 5 comments)
    10. Theory: Bitcoin Cash price is dropping as we get closer to SegWit2X hard fork. People are putting their money back into the SegWit1X chain for now so they can claim coins on both chains come November. (34 points, 43 comments)
  2. 970 points, 8 submissions: MemoryDealers
    1. Repost: "The notion of every #bitcoin user running their own node is as dumb as the notion of every email user running their own server.' (279 points, 233 comments)
    2. Just letting know that will list S2X as BTC (Just like 95% of the rest of the ecosystem will) (243 points, 146 comments)
    3. Censorship question (158 points, 164 comments)
    4. The newest Bitcoin CASH billboard is coming to Silicon Valley! ($1,000 in Bitcoin Cash giveaway contest) (90 points, 38 comments)
    5. Core supporter mentality: Why would anyone ever switch from Myspace to Facebook? Of course they won't, we are already #1 (73 points, 67 comments)
    6. Insights from "a professional capacity planner for one of the world’s busiest websites" on the block size issue. (59 points, 18 comments)
    7. South Korean Startups Are Preparing To Fight The Government's ICO Ban (48 points, 2 comments)
    8. Meanwhile in Japan: (20 points, 21 comments)
  3. 895 points, 7 submissions: poorbrokebastard
    1. Is segwit2x the REAL Banker takeover? (288 points, 400 comments)
    2. No supporter of Bitcoin Cash ever called it "Bcash." (207 points, 328 comments)
    3. The real upgrade happened on August 1st, 2017 (186 points, 206 comments)
    4. We are building a Big Blocker's Arsenal of Truth and we need your help! (143 points, 163 comments)
    5. Understanding the Implications of Restricting Capacity in a Peer to Peer Cash System. (53 points, 42 comments)
    6. Block space is a market-based, public good, NOT a centrally controlled, restricted commodity. (18 points, 48 comments)
    7. Crypt0 on youtube talks about the Segwit2x Banker Takeover (0 points, 3 comments)
  4. 866 points, 4 submissions: jessquit
    1. I think we need an EDA fix before the Nov hardfork (540 points, 352 comments)
    2. If you still think that SW2X is going to be a nice clean upgrade per the NYA you're smoking crack (136 points, 177 comments)
    3. Bitcoin Cash is the real Bitcoin, even if Segwit currently has greater market share due to its stronger shilling (104 points, 140 comments)
    4. "Firing Core" by running SW2X makes as much sense as firing the Linux kernel devs by running Ubuntu. (86 points, 69 comments)
  5. 785 points, 8 submissions: btcnewsupdates
    1. Overstock accepts Bitcoin Cash - BCH holders can now buy Home Goods, Bed & Bath Essentials, Jewellery & More! (586 points, 117 comments)
    2. Bitcoin Cash Gains More Infrastructure In the Midst of Segwit2x Drama - Bitcoin News (80 points, 35 comments)
    3. To commemorate its Bitcoin Cash addition, GMO has launched a cash-back campaign for bitcoin cash of up to 25,000 yen (40 points, 0 comments)
    4. India’s Koinex Exchange to Enable Bitcoin Cash Trading Soon (31 points, 13 comments)
    5. Unregulated Is Not Lawless - CFTC is investigating Coinbase’s Ethereum flash crash (23 points, 6 comments)
    6. SimpleFX, online Forex & Cryptocurrency broker recently introduced Bitcoin Cash as a deposit currency (22 points, 0 comments)
    7. Bitcoin Cash Popularity Allows ViaBTC Mining Pool to Surpass 1 Exahash (3 points, 0 comments)
    8. Trade Bitcoin Cash CFDs - The Rapidly Rising Crypto -‎ (0 points, 0 comments)
  6. 745 points, 18 submissions: cryptorebel
    1. Great analysis by singularity and jessquit on how anti-btc trolls shifted: "suddenly last year they all disappeared, and a new type of bitcoin user appeared who were fully in support of bitcoin but they just so happened to support every single thing Blockstream and its employees said and did." (102 points, 50 comments)
    2. Don't fall for EDA Dragons Den FUD. EDA is a powerful weapon that could kill off or cripple the segwit chain for good. Legacy coin has no EDA crash barrier as this article explains. This is why small blockers use FUD us to disarm the EDA (78 points, 118 comments)
    3. Roger Ver CEO of says that from his point of view the segwit2x split just gives him more coins to sell for the Bitcoin Cash version which he thinks is the more useful Bitcoin @3min41s mark (71 points, 33 comments)
    4. Proof the new Dragons Den plan could be to try to split BCC with an EDA change. Mrhodl is confirmed Dragons Den, and Cobra Bitcoin is the leader of which is making enemy lists for big block supporting businesses. (70 points, 47 comments)
    5. Right now segwit2x (BT2) is trading for $1143 and segwit1x (BT1) is $3070 on Bitfinex futures markets. Even with not the greatest terms, you would expect 2x to be much higher. I believe this bodes well for BCC. (61 points, 112 comments)
    6. The other day people were suggesting we do an EDA change before the November 2x fork. Here is why I think that is a terrible idea, and why we should only consider EDA change AFTER the 2x fork. (58 points, 40 comments)
    7. "Nick, Adam and others saw the flaw in the system being that they could not ensure one vote one person.. The flaw in that reasoning is assuming that one vote one person was ever a goal. Miners act economically not altruistically." (57 points, 14 comments)
    8. Original chain is now only 4.8% more profitable than Bitcoin Cash chain after the most recent EDA adjustment on BCC. Very normal blocktimes. Where is the EDA dragons den FUD now? (53 points, 33 comments)
    9. Great Explanation from Peter Rizun at 6min mark, on why Segregated Witness no longer fits the Definition of Bitcoin in the Whitepaper as a Chain of Signatures. (51 points, 19 comments)
    10. Right now segwit2x is $650 and segwit1x is $3906. Search for BT1 and BT2 on this page and you can see the futures prices. (51 points, 102 comments)
  7. 640 points, 3 submissions: BeijingBitcoins
    1. "Am I so out of touch?" (441 points, 163 comments)
    2. Bitcoin Cannot Be Only a Store of Value - excellent article by OpenBazaar dev Chris Pacia (189 points, 47 comments)
    3. Interesting research paper: Troops, Trolls and Troublemakers: A Global Inventory of Organized Social Media Manipulation (10 points, 2 comments)
  8. 622 points, 2 submissions: routefire
    1. "Everyone who supported UASF and now complains about S2X out of fear of confusion/lack of mandatory replay protection is a hypocrite. UASF did not have ANY replay protection, not even opt-in. UASF did not even have wipe-out protection!" (394 points, 133 comments)
    2. While /bitcoin was circle-jerking to the idea that no exchange would list the SW2x chain as BTC, Bitcoin Thailand's comment to the contrary was removed from the very same thread! (228 points, 70 comments)
  9. 510 points, 6 submissions: BitcoinIsTehFuture
    1. Bitfinex announcement about issuing BT1 & BT2 "Chain Split Tokens" to allow Futures trading. (BT1 = Segwit1x; BT2 = Segwit2x) (172 points, 173 comments)
    2. By proving that it can be done (getting rid of Core) this will set a HUUGE precedent and milestone that dev teams and even outright censorship cannot overtake Bitcoin. That will be an extremely bullish occasionfor all crypto. (149 points, 84 comments)
    3. Bitfinex is going to call Segwit2x coins "B2X" and let Core chain retain "BTC" ticker symbol. Bitfinex is therefore calling Segwit2x an altcoin and Core the "real chain". (138 points, 70 comments)
    4. The goal of all the forks appears to be to dilute investment in the true forks: Bitcoin Cash and Segwit2x. A sort of Scorched Earth approach by Blockstream. They are going to try to tear down Bitcoin as they get removed. (35 points, 11 comments)
    5. Blockstream be like (10 points, 11 comments)
    6. In light of all these upcoming forks, we need a site where you can put in a BTC address and it checks ALL the forks and says which chains still have a balance for that address. This way you can split your coins and send coins carefully. (6 points, 6 comments)
  10. 508 points, 3 submissions: xmrusher
    1. Can we take a moment to appreciate Jeff Garzik for how much bullshit he has to deal with while working to give BTC a long-needed upgrade that Core has been blocking for so long? (278 points, 193 comments)
    2. The very objective article "Bitcoin is not ruled by miners" on the "bitcoin wiki" was added by theymos on 8th of August this year. Nothing strange to see here, just an objective, encyclopedia-quality overview! (155 points, 58 comments)
    3. According to Crooked Greg, Jeff merging opt-in replay protection is "alarming", because it must mean Jeff wants to blacklist people's addresses too. Core devs keep lying and manipulating to stir more drama and further the split in the community. Disgusting! (75 points, 16 comments)
  11. 505 points, 4 submissions: WalterRothbard
    1. Sam Patterson on Twitter: Can anyone explain why miners and CEOs agreeing to a 2mb hard fork was no big deal with the HKA but is a "corporate takeover" with the NYA? (221 points, 85 comments)
    2. Apparently Bitcoin requires trust now - trusting Core. I didn't get that memo. I think I'll opt out. (169 points, 139 comments)
    3. Erik Voorhees on Twitter: Nothing about NYA was secret (106 points, 34 comments)
    4. How much BTC is in segwit addresses? (9 points, 25 comments)
  12. 480 points, 3 submissions: BitcoinXio
    1. Friendly reminder: if you haven't yet, watch this video which shows reddit is gamed and manipulated by professional shills paid by companies with huge million dollar budgets. It is up to our community to defend itself against these bad actors. (325 points, 99 comments)
    2. Blockchain CEO Peter Smith on Twitter: "We've dedicated our lives to building bitcoin products, introduced millions to bitcoin, evangelized, long before it was cool. Enemies?" (in response to Adam Back) (147 points, 47 comments)
    3. Liberty in North Korea: Reddit online community members join forces to assist in the placement of North Korea’s Hermit Kingdom refugees (8 points, 3 comments)
  13. 459 points, 4 submissions: singularity87
    1. The entire bitcoin economy is attacking bitcoin says! You can't make this shit up. (435 points, 279 comments)
    2. Understanding Bitcoin - Incentives & The Power Dynamic (13 points, 1 comment)
    3. Understanding Bitcoin - What is 'Centralisation'? (9 points, 9 comments)
    4. Understanding Bitcoin - Validity is in the Eye of the Beholder (2 points, 25 comments)
  14. 434 points, 3 submissions: Gregory_Maxwell
    1. Wikipedia Admins: "[Gregory Maxwell of Blockstream Core] is a very dangerous individual" "has for some time been behaving very oddly and aggressively" (214 points, 79 comments)
    2. Gregory Maxwell: I didn't look to see how Bitcoin worked because I had already proven it (strong decentralized consensus) to be impossible. (122 points, 103 comments)
    3. LAST 1000 BLOCKS: Segwit2x-intent blocks: 922 (92.2%) (98 points, 99 comments)
  15. 419 points, 1 submission: Testwest78
    1. Making Gregory Maxwell a Bitcoin Core Committer Was a “Huge Mistake” Says Gavin Andresen (419 points, 231 comments)
  16. 412 points, 14 submissions: knight222
    1. Kudos to Theymos who wanted to clear things up... (311 points, 89 comments)
    2. COINFUCIUS on Twitter: We are working with the machine's manufacturer to incorporate Bitcoin Cash support. This is a priority for us. (76 points, 2 comments)
    3. Cash, credit ... or Bitcoin? St. John's gets 1st cybercurrency ATM - Newfoundland - Labrador (9 points, 1 comment)
    4. Banks like the potential of digital currencies but are cool on bitcoin, UBS says (3 points, 0 comments)
    5. The Feds Just Collected $48 Million from Seized Bitcoins (3 points, 1 comment)
    6. while Bitcoin users might get increasingly tyrannical about limiting the size of the chain so it's easy for lots of users and small devices. (3 points, 3 comments)
    7. ‘Fraud.’ ‘More than a fad.’ The words Wall Street CEOs are using to describe bitcoin (2 points, 0 comments)
    8. Bitcoin is creating stark divisions on Wall Street (1 point, 0 comments)
    9. Bitcoin: Bitcoin's rise happened in the shadows. Now banks want in (1 point, 0 comments)
    10. Japan’s Biggest Bank Plans to “Overcome” Bitcoin Volatility with 'MUFG Coin' (1 point, 0 comments)
  17. 406 points, 5 submissions: jonald_fyookball
    1. Normal, real twitter users don't add [UASF], [No2x] or any "causes" to their user handles. Obvious astroturfing is obvious. Do they really think they are fooling anyone? (175 points, 134 comments)
    2. Greg Maxwell (and others) may be engaging in the illegal harassment of Jeff Garzik. (92 points, 24 comments)
    3. Bitcoin Cash FAQ updated. Explains why Bitcoin Cash doesn't have SegWit and why it was not considered a capacity increase (87 points, 11 comments)
    4. Is it all a bait and switch campaign? (32 points, 14 comments)
    5. Possible EDA simulation algorithm sketch (20 points, 12 comments)
  18. 404 points, 3 submissions: Annapurna317
    1. Everyone should calm down. The upgrade to 2x has 95%+ miner support and will be as smooth as a hot knife through butter. Anyone that says otherwise is fear monguring or listening to bitcoin propaganda. (364 points, 292 comments)
    2. Notice: Redditor for 3-4 months accounts or accounts that do not have a history of Bitcoin posts are probably the same person or just a few people paid to manipulate discussion here. It's likely a paid astroturfing campaign. (38 points, 30 comments)
    3. The latest TED Radio Hour titled “Getting Organized” talks about the decentralized algorithms of ants and how centralization is not the most ideal state of an organization. (2 points, 0 comments)
  19. 385 points, 1 submission: squarepush3r
    1. Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship. (385 points, 201 comments)
  20. 381 points, 1 submission: hunk_quark
    1. Why is there so much debate on whether Bitcoin is store of value or digital currency? Satoshi's white paper was pretty clear it's a digital currency. (381 points, 182 comments)
  21. 369 points, 5 submissions: craftercrafter
    1. Gavin Andresen on Twitter: Early bitcoin devs luckily picked the right project at the right time. None are irreplaceable, bitcoin will succeed with or without us. (293 points, 57 comments)
    2. Antpool, BTC.TOP & Viabtc all said EDA is a temporary design for BCC. They are just waiting for the new algorithm. (34 points, 19 comments)
    3. SimpleFX, an Online Forex & Cryptocurrency Broker, Adds Bitcoin Cash Payments as well as Bitcoin Cash Trading Pairs! (27 points, 1 comment)
    4. BCC Miners, two EDAs have locked in. This will reduce mining difficulty to 64.00%. If you are aiming to achieve profit parity, you should start mining after the next EDA (in 2.5 hours), because then the difficulty will be at 51%, which gives profit parity on both chains and steady block rate. (9 points, 14 comments)
    5. Antpool, Viabtc,,, we need to hear your voice. In the case of a scheduled hardfork for updating the EDA, will your pool follow? (6 points, 18 comments)
  22. 348 points, 6 submissions: specialenmity
    1. Fact: proof of work which is the foundation of bitcoin and not invented by Adam back was designed to counter attacks where one person falsely represents to be many(like spam). Subreddits and twitter dont form the foundation of bitcoin for a reason. (156 points, 27 comments)
    2. I'm a small blocker and I support the NYA (87 points, 46 comments)
    3. Devs find clever way to add replay protection that doesn't change transaction format which would break software compatibility and cause disruption. G. Max responds by saying that this blacklisting is a sign of things to come. (49 points, 57 comments)
    4. Five ways small blocks (AKA core1mb) hurt decentralization (36 points, 4 comments)
    5. Even if bitcoins only use to society was avoiding negative interest rates, bail-ins + bail-outs, that is incredibly useful to society. Of course a banker like Jamie Dimon would call something a fraud that removes a "bank tax" on society by allowing them to avoid these fraudulent charges. (18 points, 0 comments)
    6. There are different kinds of censorship. The core propagandists are unwittingly great advocates of economic censorship (2 points, 1 comment)
  23. 286 points, 2 submissions: coincrazyy
    1. Rick Falkvinge on Twitter - "Blockstream's modus operandi is not particularly hard to copy. It's just so cheap and shortsighted." -Gets 5000 ReTweets and 5000 likes in 30 mins. TO PROVE A POINT. ASTROTURFING DOES NOT MEAN CONSENSUS (164 points, 15 comments)
    2. Segwit was invented by "cypherpunks" THAT FAILED TO CREATE A VIABLE DIGITAL CURRENCY. Bitcoin was created by a cypherpunk that SUCCEEDED. (122 points, 118 comments)
  24. 257 points, 2 submissions: olivierjanss
    1. Why Bitfinex’s “Chain Split Tokens” are completely biased towards the small block side (again) (205 points, 165 comments)
    2. Reminder of what took place behind closed doors in 2016, revealing Blockstream & Core's quest for domination & lies. (52 points, 3 comments)
  25. 254 points, 9 submissions: SeppDepp2
    1. #SegWit2x is an upgrade to BTC and will use the BTC ticker. (103 points, 59 comments)
    2. Core rage quitting Swiss Bitcoin Association ? - Due to a CSW free speech ? - OMG - grow up little prejudges! (76 points, 141 comments)
    3. "Venezuela could soon decide to adopt the Bitcoin as its new currency" - Hope they'll use Satoshi's Bitcoin Cash - They cannot afford high fees like most No2X / NoCash puppets! (36 points, 6 comments)
    4. A short logical layman proof definition of Bitcoin: Look up, what Bitcoin really is: 1) Whitepaper 2) First code version Bitcoin is Bitcoin Cash and includes e.g. the witness. Segwit - Bitcoin is an alternative to this (ALT). (17 points, 3 comments)
    5. Core gets hyperallergic about a free speach of CSW in neutral Switzerland (6 points, 35 comments)
    6. Different Bitcoins: Value proposition, trust, reputation - confidence (6 points, 0 comments)
    7. Four Different November Scenarios (6 points, 24 comments)
    8. Swiss biggest FinTech launches BITCOIN Tracker (valid up to 2020) (2 points, 1 comment)
    9. Watch out for this kind of pattern! If it comes to such a segregation of good old members into good and enemy its gonna be dirty! (2 points, 0 comments)
  26. 230 points, 2 submissions: williaminlondon
    1. PSA: latest rbitcoin post "It's time to label (and remove from what is plainly obvious: btc is a monetized subreddit for" (126 points, 57 comments)
    2. Did anyone notice how angry Blockstream / Core people are whenever good news are posted here? (104 points, 108 comments)
  27. 227 points, 1 submission: dskloet
    1. All the #no2x bullshit is the fault of the people who agreed to activeate SegWit before 2x. (227 points, 199 comments)
  28. 226 points, 5 submissions: opling
    1. Japan's Largest Bitcoin Exchange Bitflyer Launches Bitcoin Visa Prepaid Card (112 points, 1 comment)
    2. Large Japanese Energy Supplier Adds Bitcoin Payments With a Discount (44 points, 4 comments)
    3. Bitcoin ATMs On the Rise in Russia (40 points, 2 comments)
    4. Russia's Central Bank Instructs Clearinghouse Not to Settle Cryptocurrency Contracts (18 points, 1 comment)
    5. Government Head of IT Department Fired for Mining Bitcoin Using State-Owned Computers in Crimea (12 points, 2 comments)
  29. 222 points, 2 submissions: GrumpyAnarchist
    1. Xapo just sold off another 70,000 BCH today, that might explain the price. They're down to 176K in their main wallet now. (166 points, 132 comments)
    2. Roger, can you make Bitcoin Cash an option, with maybe a link to info, in the original wallet setup phase for the wallet? (56 points, 28 comments)
  30. 216 points, 7 submissions: uMCCCS
    1. TIL a BS employee, Chris Decker, and some other people released a study that says "4 MB blocks don't cause centralization" (128 points, 19 comments)
    2. Without ASICs, there would be large botnets that are more centralized (44 points, 43 comments)
    3. Bitcoin-ML Bucketed UTXO Commitment (a.k.a. Blockchain pruning!) (27 points, 6 comments)
    4. Bitcoin Cash is Satoshi's BitCoin, not altered Bitcoin (10 points, 10 comments)
    5. TIL BashCo has a website "2x Countdown" (5 points, 1 comment)
    6. How true is rBTC censorship? (2 points, 7 comments)
    7. If S1X lives and Core Never HardForks, BTC will die in year 2038 (0 points, 7 comments)

Top Commenters

  1. williaminlondon (3150 points, 739 comments)
  2. poorbrokebastard (2114 points, 518 comments)
  3. cryptorebel (1768 points, 257 comments)
  4. space58 (1313 points, 201 comments)
  5. Adrian-X (1109 points, 235 comments)
  6. knight222 (1037 points, 157 comments)
  7. bitcoincashuser (946 points, 188 comments)
  8. jessquit (901 points, 150 comments)
  9. ---Ed--- (758 points, 185 comments)
  10. LovelyDay (742 points, 125 comments)
  11. jonald_fyookball (720 points, 106 comments)
  12. Not_Pictured (701 points, 111 comments)
  13. awemany (675 points, 173 comments)
  14. BitcoinXio (611 points, 41 comments)
  15. Gregory_Maxwell (609 points, 90 comments)
  16. singularity87 (608 points, 44 comments)
  17. 2dsxc (587 points, 79 comments)
  18. BitcoinIsTehFuture (567 points, 79 comments)
  19. BTCrob (534 points, 214 comments)
  20. H0dl (531 points, 79 comments)
  21. dskloet (517 points, 94 comments)
  22. Ant-n (509 points, 132 comments)
  23. nullc (497 points, 66 comments)
  24. tippr (483 points, 284 comments)
  25. todu (476 points, 63 comments)
  26. GrumpyAnarchist (472 points, 127 comments)
  27. tophernator (462 points, 78 comments)
  28. livecatbounce (456 points, 61 comments)
  29. kenman345 (453 points, 49 comments)
  30. cryptonaut420 (403 points, 50 comments)

Top Submissions

  1. Overstock accepts Bitcoin Cash - BCH holders can now buy Home Goods, Bed & Bath Essentials, Jewellery & More! by btcnewsupdates (586 points, 117 comments)
  2. I think we need an EDA fix before the Nov hardfork by jessquit (540 points, 352 comments)
  3. "Am I so out of touch?" by BeijingBitcoins (441 points, 163 comments)
  4. The entire bitcoin economy is attacking bitcoin says! You can't make this shit up. by singularity87 (435 points, 279 comments)
  5. Making Gregory Maxwell a Bitcoin Core Committer Was a “Huge Mistake” Says Gavin Andresen by Testwest78 (419 points, 231 comments)
  6. "Everyone who supported UASF and now complains about S2X out of fear of confusion/lack of mandatory replay protection is a hypocrite. UASF did not have ANY replay protection, not even opt-in. UASF did not even have wipe-out protection!" by routefire (394 points, 133 comments)
  7. Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship. by squarepush3r (385 points, 201 comments)
  8. Why is there so much debate on whether Bitcoin is store of value or digital currency? Satoshi's white paper was pretty clear it's a digital currency. by hunk_quark (381 points, 182 comments)
  9. Everyone should calm down. The upgrade to 2x has 95%+ miner support and will be as smooth as a hot knife through butter. Anyone that says otherwise is fear monguring or listening to bitcoin propaganda. by Annapurna317 (364 points, 292 comments)
  10. Friendly reminder: if you haven't yet, watch this video which shows reddit is gamed and manipulated by professional shills paid by companies with huge million dollar budgets. It is up to our community to defend itself against these bad actors. by BitcoinXio (325 points, 99 comments)

Top Comments

  1. 194 points: cryptorebel's comment in Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship.
  2. 167 points: EH74JP's comment in The entire bitcoin economy is attacking bitcoin says! You can't make this shit up.
  3. 158 points: BobWalsch's comment in I think we need an EDA fix before the Nov hardfork
  4. 157 points: BitcoinXio's comment in Dangerous direction for /btc, possible jump the shark moment. Witch-hunting, paid troll and Dragon Den's accusation to justify censorship.
  5. 149 points: MemoryDealers's comment in All the #no2x bullshit is the fault of the people who agreed to activeate SegWit before 2x.
  6. 116 points: Testwest78's comment in Making Gregory Maxwell a Bitcoin Core Committer Was a “Huge Mistake” Says Gavin Andresen
  7. 115 points: 2dsxc's comment in I think we need an EDA fix before the Nov hardfork
  8. 106 points: Piper67's comment in jgarzik please do not add replay protection
  9. 106 points: singularity87's comment in The entire bitcoin economy is attacking bitcoin says! You can't make this shit up.
  10. 99 points: zowki's comment in Pool stabilized the Bitcoin Cash blockchain (prevented excessive EDAs)
Generated with BBoe's Subreddit Stats (Donate)
submitted by subreddit_stats to subreddit_stats [link] [comments]

Subreddit Stats: ethereum top posts from 2015-07-30 to 2017-10-27 14:49 PDT

Period: 819.97 days
Submissions Comments
Total 1000 68061
Rate (per day) 1.22 82.97
Unique Redditors 563 11755
Combined Score 258924 352105

Top Submitters' Top Submissions

  1. 7610 points, 33 submissions: vbuterin
    1. Personal statement regarding the fork (536 points, 830 comments)
    2. Highlight for discussion: EIP 648 (make ethereum highly parallelizable within a single node; possible pre-sharding scalability improvement) (533 points, 100 comments)
    3. A Grab Bag of Thoughts on ETC and Forks (458 points, 273 comments)
    4. Analyzing Token Sale Models (429 points, 100 comments)
    5. A note on how the latest Casper PoC accomplishes its fast block times safely (417 points, 80 comments)
    6. A (not so sneak) peek at the current version of the Casper contract (313 points, 77 comments)
    7. The Current HF Status (309 points, 504 comments)
    8. Should we make a move toward making checksummed hex addresses mandatory? (296 points, 75 comments)
    9. How can Ethereum Research be more welcoming to newcomers and people from the outside with good ideas? (294 points, 115 comments)
    10. Sharding Research in Mind Map Form (265 points, 26 comments)
  2. 5672 points, 17 submissions: 5chdn
    1. Huge Milestone: Ethereum Stack Exchange graduates as one of the top-35 world technology sites. (903 points, 55 comments)
    2. Happy Byzantium hard-fork from the Parity offices! :) (793 points, 25 comments)
    3. Welcome to Ethereum, the Reddit front page of the Web 3, read this to get started or ask questions. (536 points, 321 comments)
    4. Ethereum's Byzantium Hard Fork Is Running Smoothly, Developers Say (507 points, 50 comments)
    5. [Ongoing Q&A Thread] Newbie Corner, ask your questions here. (351 points, 1968 comments)
    6. The Multi-sig Hack: A Postmortem (298 points, 206 comments)
    7. Parity 1.7.3 is released. If you run a Parity Ethereum node please upgrade before the Byzantium hard-fork kicks in at block 4_370_000. (288 points, 52 comments)
    8. Ladies and Gentlemen, we have forked. (274 points, 74 comments)
    9. Parity 1.7.2-beta released. Byzantium inside. (239 points, 21 comments)
    10. Parity 1.7.6 ... consensus-relevant fix ... for hard-fork ... please upgrade ... 4_370_000 ... ... (239 points, 56 comments)
  3. 5045 points, 21 submissions: Souptacular
    1. Why I Can't Defend Coindesk Any Longer. Take Action. Support Omar. (596 points, 117 comments)
    2. Byzantium HF Announcement - Ethereum Blog (368 points, 84 comments)
    3. Ethereum's ERC-20 token standard has been formalized as an EIP (364 points, 33 comments)
    4. ROPSTEN TESTNET USERS UPDATE YOUR CLIENTS. Hard fork is occurring in the next 48 hours. (360 points, 89 comments)
    5. Byzantium Fork Status - Monitor It Live! (305 points, 101 comments)
    6. [IMPORTANT] There are NO donation addresses for the White Hat Group currently. Anyone who is posting an address is scamming. (249 points, 20 comments)
    7. Help Wanted: Metropolis QA/Testing (238 points, 23 comments)
    8. Ethereum Core Dev Meeting and Metropolis Release Date (234 points, 57 comments)
    9. [URGENT] Update your clients to geth v1.7.2, Parity v1.7.6, or Harmony v.2.1.0 if you have not done so already! Less than 24 hours until the Byzantium hard fork. (230 points, 78 comments)
    10. [ANN] Update your geth client to 1.5.3. Consensus bug in geth v1.4.19 and v1.5.2 - Ethereum Blog (224 points, 65 comments)
  4. 4881 points, 13 submissions: insomniasexx
    1. What Happens When you Send a Transaction via MyEtherWallet (A Very Simple Illustration) (1307 points, 137 comments)
    2. [UPDATED] It’s Time to Get Real: Stop Relying on Third Parties to Protect You & Your Funds. You are responsible for your security. (888 points, 197 comments)
    3. Words are Hard: Defining Common Terms in the Ethereum / Crypto Space (665 points, 77 comments)
    4. MyEtherWallet v3.10.5 Released: The gas price can now be adjusted by 0.1 GWEI instead of 1 GWEI. This also means the min gas price via slider is 0.1 GWEI 🎉 (367 points, 39 comments)
    5. This is your friendly weekly reminder that this is crypto and you are ultimately responsible for your safety and security. Please be diligent. (232 points, 51 comments)
    6. ⚠ BEWARE: MYETHERWALLET >>.INFO<< IS A PHISHING SCAM AND WILL TAKE ALL YOUR FUNDS. myEtherWallet is (230 points, 30 comments)
    7. It’s Time to Get Real: Stop Relying on Third Parties to Protect You & Your Funds. You are responsible for your security. (212 points, 61 comments)
    8. Massive Update: Better URIs, The Hardfork, and looking back at the Golem Crowdfund. (177 points, 28 comments)
    9. Announcing MyEtherWallet v3.4: The Node Switcher (168 points, 48 comments)
    10. Pro-Tips: How Not to get Scammed during a Token Sale (167 points, 65 comments)
  5. 4567 points, 10 submissions: econoar
    1. Visa, IBM, Microsoft and USAA have all posted jobs in the past week looking for Ethereum developers (1217 points, 108 comments)
    2. Bank of America is looking for developers with a background in Ethereum to help build a new Card Account and real-time settlement system. (952 points, 105 comments)
    3. Goldman-Backed Startup Circle Launches No-Fee Foreign Payments Service. Built on Ethereum. (867 points, 96 comments)
    4. Santander Vies to Become First Bank to Issue Cash on Blockchain using Public Ethereum Chain (417 points, 82 comments)
    5. Ethereum isn't about price and hashrate, it's about making applications that could change the world. (332 points, 115 comments)
    6. geth fix is here (180 points, 38 comments)
    7. @avsa: Just tested @zsfelfoldi light client. Mainnet synced in 3m30s from scratch, used 30mb. Didn't need to change a single line of code in Mist. (163 points, 23 comments)
    8. Ethcore blog: "You should see fully hard-fork optional clients appearing in the next week or so" (154 points, 60 comments)
    9. Thomson Reuters is making their own Ethereum wallet (144 points, 33 comments)
    10. Nasdaq Veteran Joins Ethereum Foundation as Security Lead (141 points, 9 comments)
  6. 3988 points, 17 submissions: chriseth
    1. Ethereum testnet just verified a zcash transaction (729 points, 157 comments)
    2. Solidity version 0.4.16 released (431 points, 34 comments)
    3. Solidity v0.4.12 Released (285 points, 16 comments)
    4. Solidity 0.4.18 released (272 points, 20 comments)
    5. Solidity 0.4.15 released (263 points, 17 comments)
    6. Solidity v0.4.17 Released (211 points, 8 comments)
    7. New Blog post: An Update on Integrating Zcash on Ethereum (ZoE) (206 points, 88 comments)
    8. zkSNARKs and Smart Contracts on Plasma - Recordings of Ethereum Berlin October (201 points, 20 comments)
    9. Babbage - a mechanical smart contract language (190 points, 40 comments)
    10. Solidity Version 0.4.11 Released (184 points, 12 comments)
  7. 3693 points, 16 submissions: twigwam
    1. Understand why Ethereum exists, and you’ll get why it’s a big deal [MIT Technology Review] (539 points, 29 comments)
    2. Spotify acquires blockchain startup Mediachain to solve music’s attribution problem (420 points, 45 comments)
    3. The National Bank of Canada Just Joined An Alliance to Develop Ethereum [Motherboard] (300 points, 24 comments)
    4. Ethereum Stole the Show at Microsoft's New York City Demo Day (292 points, 9 comments)
    5. A secure internet voting system using Ethereum and Zero-Knowledge Proof (268 points, 103 comments)
    6. The UN Wants to Adopt Bitcoin And Ethereum, And Soon (258 points, 36 comments)
    7. The Birth of Enterprise Ethereum in 2017 (216 points, 37 comments)
    8. More Banks to Sign Up for ING's Ethereum Oil Trading Platform (181 points, 9 comments)
    9. Vinay Gupta - European Parliament blockchain presentation! (176 points, 25 comments)
    10. Ethereum, The Next Internet (158 points, 23 comments)
  8. 3571 points, 17 submissions: karalabe
    1. Geth v1.7.2 (Urgent Update) out! Yes, Byzantium hotfix. Please update ASAP! (yay fuzzer) (454 points, 87 comments)
    2. Geth v1.6.5 - Hat Trick (counters current attack) (308 points, 72 comments)
    3. Roses are red, Violets are blue, Geth now supports Hardware wallets too! (v1.5.9) (270 points, 53 comments)
    4. Geth 1.6.0 - Puppeth Master released! Our best work till now ;) (241 points, 73 comments)
    5. Geth 1.7 - Megara: Faster, slimmer, Byzantium enabled ;) (234 points, 103 comments)
    6. Never fear, Geth 1.6.3 - Covfefe is here! (227 points, 42 comments)
    7. Ethereum nodes plotted on Google Earth (224 points, 17 comments)
    8. Geth 1.4.8 "DAO Wars" Released (217 points, 185 comments)
    9. Security Alert - DoS Vulnerability in the Soft Fork (185 points, 254 comments)
    10. Geth v1.7.1 (Ptolemy) - Byzantium on mainnet and Rinkeby! (172 points, 51 comments)
  9. 3407 points, 19 submissions: nickjohnson
    1. A proof-of-concept of a better crowdsale contract (408 points, 132 comments)
    2. Announcing the Ethereum Name Service Relaunch Date! (275 points, 59 comments)
    3. Introducing BeerCoin (213 points, 131 comments)
    4. AMA: We are the ENS team. Ask us anything! (207 points, 293 comments)
    5. ENS launch officially postponed. We'll back off, improve testing & validation, write a postmortem, and relaunch when ready. (207 points, 41 comments)
    6. First beta release of the ENS manager app - manage your ENS (sub)domains easily! (196 points, 86 comments)
    7. A smart contract solving the "gas money" problem for gifting ERC20 tokens (169 points, 19 comments)
    8. Ethereum gets quantum computing support with new EVM opcode 'TERMINATE' (166 points, 43 comments)
    9. Hosting a DNS domain on Ethereum (153 points, 19 comments)
    10. 'thetoken.eth' now has subdomains for all major tokens (149 points, 75 comments)
  10. 3294 points, 15 submissions: thehighfiveghost
    1. CoinDesk: Ethereum Foundation Strikes Deal with Russian Development Bank (618 points, 163 comments)
    2. Critical update RE: DAO Vulnerability (248 points, 995 comments)
    3. Melonport: We’re very proud to announce our new v0.1.0 release of the Melon Portal! Feedback welcome! (247 points, 33 comments)
    4. The Devcon2 site is now live! (243 points, 60 comments)
    5. BREAKING NEWS: I hereby announce that I, Vitalik Buterin, am the founder of ethereum. (237 points, 53 comments)
    6. Announcement: Underhanded Solidity Coding Contest (215 points, 27 comments)
    7. Very happy to announce Devcon2 is now sold out! See you all in Shanghai! (201 points, 24 comments)
    8. New blog post from Ethereum's Vitalik Buterin: Hard Fork Completed (181 points, 59 comments)
    9. The Ethereum Foundation and Wanxiang Blockchain Labs announce a blockbuster event combining Devcon2 and the 2nd Global Blockchain Summit in Shanghai, September 19–24, 2016 (177 points, 31 comments)
    10. The Ethereum Foundation is very proud to announce Banco Santander’s Gold Sponsorship of Devcon2, Shanghai, 19th - 21st Sept (164 points, 30 comments)
  11. 3182 points, 11 submissions: IDCrypto
    1. Singaporean Dollar Tokenized Through Ethereum’s Blockchain by the Monetary Authority of Singapore (690 points, 84 comments)
    2. Omise Go, Vitalik meet with the Central Bank of Thailand together (466 points, 75 comments)
    3. Japan’s Telecom Giant Launches Smart Contracts Project, Joins Ethereum Enterprise Alliance (368 points, 16 comments)
    4. Porsche to use a private Ethereum based blockchain (283 points, 55 comments)
    5. Toyota Prototypes Ethereum Blockchain Based Car Sharing Uber Alternative (259 points, 27 comments)
    6. Ethereum Developers Are Building a Sharding Solution Using Python (229 points, 29 comments)
    7. Blockchain payments startup TenX joins the Enterprise Ethereum Alliance (221 points, 6 comments)
    8. Russian Politician Calls For Removal of Taxation on Bitcoin and Ethereum (200 points, 12 comments)
    9. Russian Airline Starts Using Ethereum’s Blockchain in Live Production (193 points, 7 comments)
    10. ConsenSys Launches Due Diligence for ICOs (147 points, 29 comments)
  12. 3083 points, 16 submissions: latetot
    1. Thomson Reuters to make financial data available on Ethereum (388 points, 31 comments)
    2. Ever wonder how people are using ETH right now? see top contracts by gas used today: ENS, Etherdelta, gambling, exchanges, tokens - Good times! (333 points, 54 comments)
    3. ETH broke 300,000 transactions today for the first time (271 points, 113 comments)
    4. Vitalik confirms Zero knowledge proofs are on ETH roadmap (206 points, 87 comments)
    5. Ethereum processed more transactions than Bitcoin yesterday (193 points, 19 comments)
    6. The ability to reverse exploits that violate the intent and good faith actions of thousands of people will promote mainstream adoption - not hinder it. (192 points, 545 comments)
    7. Ethereum Wallets and the Problem of the Default Gas Price (178 points, 36 comments)
    8. Brian Armstrong, Coinbase CEO, 'if Ethereum pulls off this hard fork, very positive signal...shows they can listen to community, execute in time of crisis' (173 points, 106 comments)
    9. Of all the ups and downs over last couple of years, today's news has worried me the least (173 points, 18 comments)
    10. Attacker is gearing up again for new spam deluge (154 points, 123 comments)
  13. 2603 points, 12 submissions: sandakersmann
    1. Vitalik Buterin on Twitter: "I am working 100% on ETH." (362 points, 127 comments)
    2. Ethereum Reaches 50% of Bitcoin's Transaction Volumes (351 points, 78 comments)
    3. Looks like the work on "Mastering Ethereum" has started :) (280 points, 95 comments)
    4. What is Ethereum, and could it actually replace Bitcoin? (251 points, 79 comments)
    5. Gavin Andresen on Twitter: "ETH has 80% of BTC volume and is scaling with little drama. BTC's scaling 'problem' is due to a few 'we know what's best' devs" (229 points, 90 comments)
    6. Ethereum now has more nodes than Bitcoin! (186 points, 25 comments)
    7. Marius Kjærstad on Twitter: "At this pace it won't be many days before #Ethereum facilitates more transactions than #Bitcoin" (174 points, 26 comments)
    8. Raiden Network IoT Demo. Enabling high speed asset transfers for Ethereum. (174 points, 24 comments)
    9. Ethereum is Now the Most Secure Public Blockchain, Overtaking Bitcoin (173 points, 5 comments)
    10. Go Fork Yourself: Ethereum Booming, Near Double Bitcoin's Transactions (143 points, 13 comments)
  14. 2175 points, 9 submissions: avsa
    1. Starter guide: (almost) all the links you'll need to start understanding ethereum. (431 points, 198 comments)
    2. Update on the White Hat attack (373 points, 262 comments)
    3. ELI5: Byzantium Changes (306 points, 54 comments)
    4. New website: more content, more tutorials, more explanations, more unicorns. It's a new dawn! (217 points, 66 comments)
    5. We are doing a white hat attack on the DAO. (195 points, 267 comments)
    6. Ethereum Name Service Bug Bounty is Live (191 points, 18 comments)
    7. Release 0.8: First Mist Beta is out! Also, Wallet update. (169 points, 87 comments)
    8. New Ethereum Wallet 0.7.5, the "I'm sorry for 0.7.4" version. (149 points, 53 comments)
    9. Wallet and Mist 0.8.2: Coinbase integration, replay protection, new Auth UI and more (144 points, 57 comments)
  15. 2119 points, 3 submissions: PhiStr90
    1. Enterprise Ethereum Alliance Becomes World’s Largest Open-source blockchain Initiative (1209 points, 77 comments)
    2. Ethereum is now for the first time the blockchain with highest mining incentive or simply put 'the most secured' (462 points, 126 comments)
    3. Hewlett Packard Enterprise and 47 Organizations Join 200-Member Strong Enterprise Ethereum Alliance (448 points, 42 comments)
  16. 2065 points, 7 submissions: andrewkeys
    1. FOR IMMEDIATE RELEASE: EEA adds 86 new members (552 points, 80 comments)
    2. Ethereum is Growing Exponentially in China (440 points, 46 comments)
    3. 10 weeks of Ethereum education, and if you pass the final, you have a chance to be employed at ConsenSys (284 points, 58 comments)
    4. FOR IMMEDIATE RELEASE: Enterprise Ethereum Alliance is formed (256 points, 52 comments)
    5. EEA on Bloomberg (215 points, 9 comments)
    6. PRESS RELEASE: Ethereum Solidity now available in Microsoft Visual Studio (166 points, 24 comments)
    7. Check out new uport website (152 points, 40 comments)
  17. 1978 points, 9 submissions: cashitter
    1. SEC charges two ICO's with fraud (398 points, 105 comments)
    2. Ethereum Is Already Using a Small Country's Worth of Electricity (349 points, 107 comments)
    3. Martin Köppelmann (Founder of Gnosis): I am working 100% on ETH. (287 points, 11 comments)
    4. Right now there are 3 Ethereum related stories on the front page of HackerNews (194 points, 31 comments)
    5. switzerland (Home to the Ethereum Foundation) announced the official deregulation of blockchain startups (166 points, 14 comments)
    6. Apparent Agreement On Block 2,642,462 For The Next Hardfork. (162 points, 33 comments)
    7. [Video]Can Ethereum Restore Online Freedom and Transform the Internet? (144 points, 48 comments)
    8. Even Kuno Goda (Ethereum's very own artist) is working 100% on ETH (143 points, 0 comments)
    9. Real Vitalik got a message from Scam Vitalik (135 points, 7 comments)
  18. 1945 points, 4 submissions: jbaylina
    1. The WHG has Returned 100% of the Rescued Funds to their Rightful Owners (890 points, 78 comments)
    2. The WHG has Returned ~95% of the Funds and Now Hold Less Than $10 Million Worth of Rescued Funds. (644 points, 70 comments)
    3. A Modified Version of a Common Multisig Had A Vulnerability - The WHG Took Action & Will Return the Funds (284 points, 125 comments)
    4. Tonight the WHG will begin returning the rescued funds! (127 points, 23 comments)
  19. 1705 points, 4 submissions: AQuentson
    1. Ethereum Now Has Three Times More Nodes Than Bitcoin (704 points, 107 comments)
    2. Germany’s Energy Giant Launches 100s of Ethereum Based Electric Cars Charging Stations (468 points, 63 comments)
    3. Ethereum Developers Call on Miners to Use the Adaptive Gas Limit (374 points, 49 comments)
    4. Magic Internet Money is Finally a Reality – Web3.0 is Here (159 points, 44 comments)
  20. 1656 points, 1 submission: JcsPocket
    1. If this was you, thank you. (1656 points, 170 comments)
  21. 1625 points, 6 submissions: heliumcraft
    1. Plasma: Scalable Autonomous Smart Contracts (655 points, 129 comments)
    2. Vitalik Buterin: Casper PoC3 backbone simulations: 3s block time, 1.25s avg latency + 2s avg clock offset: 1% stale rate (284 points, 185 comments)
    3. Twitter: "You don't see these type of snarky comments from the Ethereum community when, say, a Bitcoin exchange gets hacked or a wallet has a bug.." (213 points, 141 comments)
    4. Iuri Matias (Embark Developer): "Embark, dev tools and dapps I work on will be targeting Ethereum as their primary platform. 100% ETH" (179 points, 2 comments)
    5. Vitalik Buterin on Twitter: Does anyone else notice how literally the only people calling for a hard fork or chain rollback right now are concern trolls? (161 points, 76 comments)
    6. twitter: "Amazon S3 currently making the case for the need of decentralized platforms such as ethereum's swarm" (133 points, 4 comments)
  22. 1527 points, 3 submissions: hodlon
    1. Mozilla offering $2M to anyone who can decentralize the web (812 points, 117 comments)
    2. Motherboard: Okay, WTF Is Ethereum? (515 points, 106 comments)
    3. "The Switchening" - When projects and business start switching over to Ethereum from other Blockchains. (200 points, 77 comments)
  23. 1503 points, 7 submissions: JoeyUrgz
    1. Introducing Bloom: The Future of Credit (372 points, 138 comments)
    2. Scaling Ethereum to Billions of Users (330 points, 61 comments)
    3. district0x Joins the Project Transparency Initiative (200 points, 19 comments)
    4. Will Work For Ethereum - Ethlance (175 points, 11 comments)
    5. Golem for macOS now live! (158 points, 31 comments)
    6. Introducing Dharma: A Protocol for Decentralized Peer-to-Peer Lending (142 points, 53 comments)
    7. Introducing the District Registry – district0x (126 points, 4 comments)

Top Commenters

  1. vbuterin (7804 points, 341 comments)
  2. nickjohnson (6252 points, 798 comments)
  3. 5chdn (2780 points, 464 comments)
  4. Souptacular (2584 points, 215 comments)
  5. avsa (2370 points, 214 comments)
  6. insomniasexx (2190 points, 206 comments)
  7. FaceDeer (2026 points, 348 comments)
  8. aribolab (1987 points, 260 comments)
  9. latetot (1902 points, 337 comments)
  10. Huynh_B (1869 points, 10 comments)
  11. ItsAConspiracy (1676 points, 269 comments)
  12. karalabe (1580 points, 159 comments)
  13. Savage_X (1541 points, 163 comments)
  14. cyounessi (1500 points, 163 comments)
  15. huntingisland (1421 points, 340 comments)
  16. thehighfiveghost (1418 points, 96 comments)
  17. chriseth (1378 points, 117 comments)
  18. Mr_Yukon_C (1373 points, 167 comments)
  19. antiprosynthesis (1339 points, 458 comments)
  20. LarsPensjo (1305 points, 322 comments)
  21. NewToETH (1295 points, 117 comments)
  22. BullBearBabyWhale (1229 points, 103 comments)
  23. Dunning_Krugerrands (1220 points, 141 comments)
  24. aminok (1212 points, 244 comments)
  25. evoorhees (1184 points, 68 comments)
  26. dillon-nyc (1182 points, 54 comments)
  27. djrtwo (1161 points, 68 comments)
  28. mcgravier (990 points, 157 comments)
  29. DeviateFish_ (985 points, 655 comments)
  30. seweso (952 points, 138 comments)
  31. baddogesgotoheaven (896 points, 143 comments)
  32. WhySoS3rious (886 points, 124 comments)
  33. C1aranMurray (871 points, 191 comments)
  34. ethereum_alex (850 points, 65 comments)
  35. silkblueberry (849 points, 107 comments)
  36. newretro (834 points, 182 comments)
  37. mattdf (832 points, 38 comments)
  38. cryptoboy4001 (825 points, 85 comments)
  39. bobsummerwill (824 points, 97 comments)
  40. SrPeixinho (781 points, 86 comments)
  41. shakedog (768 points, 128 comments)
  42. textrapperr (763 points, 97 comments)
  43. greggdourgarian (757 points, 72 comments)
  44. edmundedgar (751 points, 93 comments)
  45. supr3m (741 points, 43 comments)
  46. LGuappo (724 points, 127 comments)
  47. PrototypeModel (724 points, 103 comments)
  48. Uptrenda (723 points, 68 comments)
  49. aakilfernandes (720 points, 72 comments)
  50. Sunny_McJoyride (691 points, 172 comments)

Top Submissions

  1. If this was you, thank you. by JcsPocket (1656 points, 170 comments)
  2. SmartBillions lottery contract just got hacked! by supr3m (1328 points, 301 comments)
  3. What Happens When you Send a Transaction via MyEtherWallet (A Very Simple Illustration) by insomniasexx (1307 points, 137 comments)
  4. Visa, IBM, Microsoft and USAA have all posted jobs in the past week looking for Ethereum developers by econoar (1217 points, 108 comments)
  5. Enterprise Ethereum Alliance Becomes World’s Largest Open-source blockchain Initiative by PhiStr90 (1209 points, 77 comments)
  6. Local Gym in Cincinnati by flufylobster1 (1159 points, 114 comments)
  7. "If bitcoin is a pocketcalculator ethereum is a brand new iphone" - Germanys second biggest Newspaper on bitcoin by postkasten (1050 points, 99 comments)
  8. Vitalik Buterin: 90% of token startups will fall by fanatseal (1043 points, 214 comments)
  9. Just received this from my 86 yr old Nanna - adoption is coming! by canya-io (1038 points, 71 comments)
  10. Everytime I try explaining Ethereum to skeptics by lafoie (996 points, 170 comments)

Top Comments

  1. 1653 points: Huynh_B's comment in If this was you, thank you.
  2. 498 points: supr3m's comment in SmartBillions lottery contract just got hacked!
  3. 469 points: kezekia's comment in I just sent my dad some Ethereum for Father's Day!
  4. 461 points: JackAceHole's comment in A made-in-Canada cryptocurrency called ethereum will soon be worth more than bitcoin
  5. 396 points: pembull's comment in What do you think is the biggest risk to the success of Ethereum? If we imagine Ethereum were to fail, how/why do you think it would fail?
  6. 387 points: apoefjmqdsfls's comment in Critical update RE: DAO Vulnerability
  7. 387 points: vbuterin's comment in A made-in-Canada cryptocurrency called ethereum will soon be worth more than bitcoin
  8. 379 points: totodile_lvl_7's comment in Vitalik Buterin: 90% of token startups will fall
  9. 364 points: GBG-glenn's comment in Ethereum Metropolis appears in late September
  10. 334 points: DamosDaze's comment in Introduced Ethereum to my Company
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Who are you? Gavin Andresen  Gavin Andresen [Bitcoin ... Bitcoin  The Hostile Takeover EB94 – Gavin Andresen: On The Blocksize And Bitcoin's Governance The Bitcoin Foundation - YouTube Bitcoin state of play with Gavin Andresen & Jim Fitzpatrick, The Profit Margin

— Gavin Andresen (@gavinandresen) May 26, 2020. Andresen started working on Bitcoin in 2010 and was the main developer of the Bitcoin Core client software after the disappearance of Satoshi Nakamoto. In 2012 he founded the Bitcoin Foundation and some even speculated that he is the one hiding behind the pseudonym of Satoshi. The blog Bishop mentioned was Andresen’s own, where he sometimes conveniently skirted issues the Bitcoin Core mailing list was discussing. This, something most people would find aggravating ... To pay the salary of Bitcoin developer Gavin Andresen; To arrange Bitcoin conferences; To promote Bitcoin to regulators; During 2012 and 2013 the Foundation gained in popularity, attracting members from across the Bitcoin community, including prominent developers, businesses and community members. Public list of individual lifetime members ... Gavin Andresen is an American computer scientist and software developer best known for his early contributions to bitcoin. Andresen took up the role of lead developer of bitcoin core after Satoshi ... Developer Gavin Andresen was one of the first contributors to bitcoin core. In 2010, he succeeded Satoshi Nakamoto as chief maintainer of bitcoin’s open access code and the project's main developer. He held the position until 2014, when handed over to Wladimir van der Laan.

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Who are you? Gavin Andresen Gavin Andresen [Bitcoin ...

DevCore Boston 2015 l What Satoshi Didn't Know l Gavin Andresen, Bitcoin Foundation - Duration: 35:29. The Bitcoin Foundation 17,066 views. 35:29. 1177 BC: The Year Civilization Collapsed ... The person who applied his knowledge to the creation of the world famous cryptocurrency Bitcoin. He owns the key to almost the entire world wide web. It is h... DevCore Boston 2015 l What Satoshi Didn't Know l Gavin Andresen, Bitcoin Foundation. 17,041 views 5 years ago ... DevCore Boston 2015 l What Satoshi Didn't Know l Gavin Andresen, Bitcoin Foundation. 17,067 views 5 years ago ... Hear the word direct from the Bitcoin Foundation's Chief Scientist, Gavin Andresen, on the state of the protocol -- where we are now, what technical challenges lie ahead and what does the future hold?