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Sunday 30 August 2015

Community Roundup #26 '" Forks Over Knives

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To fork, or not to fork '" that is the question.

I'd like to claim I understand the intricacies of the current BIP101 vs BIP100 debate, but unfortunately I don't. What I (think I) understand is that we won't be solving this block size puzzle through logic, algorithms and code alone, but through good, old-fashioned, face-to-face negotiations.

What we've seen taking place on social media, Reddit, Bitcoin mailing lists, forums and other platforms, is what all of us are already used to '" an initial back-and-forth of ideas, followed by a steady descent to accusations, all the way down to name-calling '" eventually driving both (all) parties' heels solidly into the ground. Unlike most online arguments from which we can just walk away (And admit defeat? Never!), while cussing out our opposition, this Bitcoin block size argument doesn't allow us to do so. This needs to be fixed now/soon/eventually, but it needs to be fixed.

So how do you resolve a digital dispute with the online tools we have today? My answer is simple: you don't. Plain text exchanged in emails, blogs, PMs, chats '" heck, even video calls '" do not do justice to a conventional meeting with real face time, accompanied by solid handshakes and coffee breaks, and ending with hearty laughter. . . . So my suggestion to the involved parties is to book a conference room, brew a pot of joe, and don't come out of the room until you have a solution.

'"Bitcoin fork pen by BTC Keychain

What is that you are saying? You already have a venue booked in Montreal for this?

Get to it.

Tokenly's chief architect Nick started a thread "Upcoming Bitcoin Hard Fork & /r/bitcoin censorship" in which he mentions:

For the record, at [the] LTB [Network] we support an increase in the blocksize (for fairly obvious reasons), and will always stay on the majority chain, even if that means using an alternative client such as XT for our backend systems. If you are a more casual user and do not run your own Bitcoin nodes or participate in mining, you have nothing to worry about and can just sit back and watch the developer drama unfold.

An expected storm of replies and an appropriate amount of drama ensued. Currently, we are on page 18 of the thread, and counting.

In another thread, Chris, Community Director of the Counterparty Foundation, asks "So, is Factom just a defacto scam now?" More specifically, he wants to know whether Factom intentionally misled investors during its crowdsale by implying the project had secured a contract with the government of Honduras for transferring Hounduras' land registry in to the blockchain. Earlier, Factom announced in their blog "Honduras to Build Land Title Registry Using Bitcoin Technology," originally published in May by Reuters. We now know the project has stalled due to some political roadblocks within the Honduran government. You can go deeper into the controversy by digging into this 42-page chat log and Factom's "Ask Me Anything" on Reddit from three months ago.

Did you invest in the Factom crowdsale on Koinify, and if so, do you feel you mislead by the Factom team? Do we call this all a scam, or do we brush it under the "project marketing speak" carpet?

Howard questions whether the Let's Talk Bitcoin! Network is "Staying true to the original vision of LTBcoin":

Effective July 1st, 2014 LetsTalkBitcoin.com, the Let's Talk Bitcoin! show, and the LTB Network will only sell sponsorship space (on the web properties) or airtime (on the show) for LTBCOIN, to the highest bidder, in LTBCOIN, at our regular auction events.

The Let's Talk Bitcoin Network currently allows purchase of show sponsorship with not just LTBcoins, but with bitcoins and US dollars as well. Adam responds:

Before you get too upset, realize that what you quoted was an announcement that our policy had changed, not a statement that this is the foundational vision of LTBCOIN and is how things must always be. In practice we found our auction engine was too transparent plus nobody knew how to use tokens and there were no good tools out so the program stagnated and eventually was ended.

In the bottom of all of this is the lackluster LTBcoin performance, currently at 43 satoshis, and the reason as explained, the lack of its utility. Adam again:

The core issue is LTBN has always been a no-cost-to-its-users volunteer run [sic] operation with no sales department or infrastructure, so we haven't had any "dominant" revenue streams and are still in the red. I've looked at LTBN like an experiment where long term sustainability was more important than immediate utility but as the dynamics of our experiment change and people who want to build this thing out make themselves known that is changing.

One of those people building the LTBcoin marketplace and ecosystem, thus giving LTBcoin utility, is Martin. Head over to his "Crypto Project Vinyl Stickers" thread for feedback and comments regarding his new crypto sticker sale! To obtain some of those stickers, fill out your order using Martin's sticker vending machine.

In addition to being an active LTB Network community member, Martin runs a popular Our Every Day Earth '" Green Blog, on which you can find the latest tips about healthy and environmentally friendly living, as well as information and reviews on biodegradable products.

Another LTB Network marketplace contributor is Pi, a professional glass blower from Eugene, OR. Pi accepts LTBc, BTC, and DRK for his glass works. Check out Pi's thread for pricing, shipping information, and any questions you may have about his pretty awesome works of art!

Thank you gentlemen for your contribution and product offerings. Much obliged.

Roman, CEO and founder of Bitcoin Suramƒrica as well as the WoodShares Project, proved Tokenly is making its way around the global block already '" pun intended '" by sharing a video of how to get Tokenly Pockets (token wallet) running on your Chrome browser. The video was originally posted on NewsBTC Latin America. In addition, if you have language skills and would like to contribute to the Tokenly project, allowing users to choose a different language on the Tokenly Pocket interface, make yourself heard on Roman's thread, or message Joe, the creator of Tokenly Pockets, and resident code ninja for the LTB Network and Tokenly.

And finally, some numbers. I've learned that one picture says more than no picture. The Let's Talk Bitcoin Network in the past 30 days:

Be excellent to each other.

Tuomas

Community Manager



via Lets Talk Bitcoin! http://ift.tt/1JF1RSI

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