I added some poll options for the upcoming Bitcoin Barbecue. It's your chance to let me know what kinds of food, sides, and discussions you'd like to have. https://www.facebook.com/events/1953949221516706/
Well, you heard it folks! Let's close up shop.
“Bitcoin is a means of exchange which is not issued by a central bank, but by unidentified actors. I do not see it as a currency. If you think Bitcoin would be as safe as the euro or the dollar, you have to take responsibility for it. We can only warn people not to use the bitcoin to preserve purchasing power.”
Care of BitMEX,
An unnamed leading mining equipment manufacturer is using a patented technology, called ASICBOOST, to achieve efficiency gains of up to 30%.
If activated, Segregated Witness (SegWit) would eliminate any advantage for miners using the ASICBOOST technology....
Therefore the reason why large miners refuse to support SegWit activation is because they would lose their economic advantage.
Maxwell proffered a Bitcoin Improvement Proposal to eliminate gains achieved by using the ASICBOOST technology.
Although not explicitly mentioned, everyone assumes Maxwell spoke of Jihan Wu’s Bitmain.
To be clear, Zerocoin is unrelated to Z Cash which I gave a presentation on recently.