For the amount of money that Theymos is paying for new forum software, we could run a bitcoin commercial during the Super Bowl.
Grants for talented bitcoin developers
Scholarships for young people in btc who show promise
Fund darkwallet, openbazaar, and lighthouse entirely
Hire another full-time core developer for bitcoin
(You could do all of the above and still have more than a million dollars left).
Bitcoin Classic hard fork causes chaos on /r/Bitcoin! Luke-Jr complains about "blatant lies from a new altcoin calling itself Bitcoin Classic", reveals his ignorance on 2 basic aspects of Bitcoin governance! Theymos deletes top post by E Vorhees, mod StarMaged undeletes it, Theymos fires StarMaged!
How clueless can Luke-Jr be? He can't seem to grasp the fact that the Bitcoin Classic devs disagree with the Core devs - which is why they're forking a new, independent repo,away from Core. To give users a choice among Bitcoin clients. Devs who want to work on Bitcoin Classic obviously don't need permission from Core. They're totally separate repos. "Decentralized development" and all. But poor Luke-Jr, living in his bubble, with his centralized, top-down, authoritarian worldview, just can't seem to wrap his head around these simple and obvious facts:
Bitcoin Classic doesn't need to submit a BIP to the Core devs.
Bitcoin Classic doesn't don't need to get the consensus of the Core devs.
As a new Bitcoin dev team, Bitcoin Classic can have its own series of BIPs ("BCLIPs"?). And Bitcoin Classic can get consensus among its own devs - and also, among its users - an area where Core / Blockstream devs have been doing a horrible job, because:
Core / Blockstream devs have been ignoring features which users need (scaling); and
Core / Blockstream devs have been forcing features onto users which they don't want (RBF).
By the way, Peter Todd evidently knows way more about Bitcoin governance than Luke-Jr Peter Todd actually understands these basic concepts about Bitcoin governance. Maybe he could give Luke-Jr some remedial coaching to get him up to speed on this complicated stuff?
Peter Todd: If consensus among devs can't be reached, it's certainly more productive if the devs who disagree present themselves as a separate team with different goals; trying to reach consensus within the same team is silly given that the goals of the people involved are so different.
https://np.reddit.com/btc/comments/3xhsel/peter_todd_if_consensus_among_devs_cant_be/ Bitcoin Classic gets off to a strong start; /Bitcoin descends into chaos The new repo Bitcoin Classic has gotten off to a strong start, because it gives miners what they want. Meanwhile, /Bitcoin is starting to descend into chaos over the whole thing. The problem for /Bitcoin is that a repo has finally come along which actually provides some simple, popular and robust short-term and long-term scaling solutions that most stakeholders are in agreement about. Bitcoin Classic didn't stumble upon this by accident. Their team already includes two key members:
jtoomim, a minecoder who's been testing sofware and talking to users on both sides of the Great Firewall of China for several months now, so he can be sure he's giving them what they actually want.
gavinandresen, a highly respected coder who Satoshi originally handed control of the first Bitcoin repo over to (before Blockstream hijacked it). Gavin is well-known for his firm belief that users (not devs) should have control. He has already confirmed that he's going to work on Bitcoin Classic. And he's also stated that his "new favorite max-blocksize scaling propsal" is BitPay's Adaptive Block Size Limit (instead of BIP 101).
BitPay's Adaptive Block Size Limit BitPay's Adaptive Block Size Limit seems to be the first blocksize proposal with good chances for achieving consensus among users, because offers the following advantages: (1) It's simple and easy to understand; (2) It starts off with a tiny bump to 2 MB, which miners are already in consensus about; (2) "It makes it clear that miners are in control, not devs"; (4) It has a robust, responsive roadmap for scaling long-term, with "max blocksize" based on the median of previous actual block sizes (or possibly some other algorithm which the community might decide upon). The key feature of Bitcoin Classic is that it puts users in control - not devs So Bitcoin Classic has gotten off to a great start right out of the gate, due to the involvement of JToomim and Gavin who have been writing code and running tests and - perhaps most importantly - listening to users, to make sure this repo gives them what they want. A lot of what Bitcoin Classic is about isn't so much this or that specific spec. First and foremost, it's about "making it clear that miners are in control, not devs". As you might imagine, this kind of democratic approach is driving /Bitcoin crazy. /Bitcoin doesn't know what to do about Bitcoin Classic After living in their faraway bubble of censorship for the past year, ruled by a tyrant and surrounded by yes-men and trolls, twisting themselves into contortions trying to redefine "altcoins" and "forks" and "consensus", the guys over at /Bitcoin now find themselves totally unable to figure out what to do, now that the Bitcoin user community is finally getting excited about a new repo offering simple and popular scaling solutions. The guys over at /Bitcoin simply have no idea how to handle this, now that "consensus" looks like it might be starting to form around a repo which they don't control. Well, what did they expect? How could consensus ever form on their forum when they don't allow anyone to debate anything over there? Did they think it was just going to magically to drop out of the sky engraved on stone tablets or something? Anyways, here's a summary of some of the chaos happening over at /Bitcoin this past week - first due to Coinbase daring to test the Bitcoin XT repo, and second due to the Bitcoin Classic repo getting announced: /Bitcoin goes into meltdown over CoinBase testing XT
CoinBase states in their blog that they were testing the Bitcoin XT repo (which competes with Core), so that they would be able to continue serving their customers without interruption in case of a fork;
Theymos throws a fit and removes Coinbase from bitcoin.org;
A thread on Core's GitHub repo goes up and get 95% ACKs saying that CoinBase should be un-removed;
Theymos forces Charlie Lee to go through one of those Communist-style "rehabilitations" where he has to sign one of those public "confessions" you used to see political prisoners in dictatorships forced into;
Theymos un-removes Coinbase from bitcoin.org - spewing his usual nonsense and getting massively downvoted as usual;
Finally, a pull-request goes up up on Core's Github repo where they say they're officially distancing themselves from bitcoin.org (and will probably getting their own site).
So over the course of a couple days Theymos has managed to alienate one of the largest licensed Bitcoin financial institutions in the USA, and seems to have caused some kind of split to start forming between Core and /Bitcoin. /Bitcoin goes into meltdown over Bitcoin Classic forking away from Core
SatoshisCat makes a post in /Bitcoin about Bitcoin Classic, it gets hundreds of upvotes, goes to 1st or 2nd place [Note: Title of this OP incorrectly says that "E Vorhees" made that post; the title of this OP should have said that SatoshisCat made that post. Sorry - too late to change the title of this OP now.];
Theymos removes the post because it's "spam" or an "altcoin" or something;
E Vorhees complains in another post, calling it "censhorship";
Luke-Jr weighs in and says they don't "censor", they only "moderate" - and gets massively downvoted;
One of the other mods (StarMaged) at /Bitcoin un-removes the post by E Vorhees that had been previously removed;
Theymos removes StarMaged's moderator privileges;
Theymos decides to leave the post back up - and digs himself deeper into a hole spewing his usual nonsense and getting massive downvotes and criticisms.
At this point, I'm just laughing out loud. How do Luke-Jr and his censor-buddy Theymos always manage to get everything so totally wrong?? We know part of the answer:
They're well-meaning, but very young and inexperienced;
They're smart about some things - but this gives them big egos and a big blind spot, so they're unaware that they're not so smart about everything;
They no longer know what people are thinking and talking about in the real world, because they've isolated themselves in a bubble of censorship and yes-men for the past years (plus lots of trolls who love to frolic at /Bitcoin, knowing they're safe there);
They don't know one of the eternal facts about human psychology and politics: "Power corrupts, and absolute power corrupts absolutely." Did they really think they were going to be an exception?
Evidently they didn't get the memo that most people who are into Bitcoin aren't into bowing down to central authorities.
Maybe someday these kids will grow up and learn about things like politics and economics and history - or things like Nassim Taleb's concept anti-fragility. For the moment, they apparently have no clue about their tyranny has left them fragile and vulnerable, now that they've silenced anyone around them who might open their eyes and challenge their ideas. More about Bitcoin Classic If you want to read more about Bitcoin Classic, here's some posts that might be interesting: https://bitcoinclassic.com/
We are hard forking bitcoin to a 2 MB blocksize limit. Please join us. The data shows consensus amongst miners for an immediate 2 MB increase, and demand amongst users for 8 MB or more. We are writing the software that miners and users say they want. We will make sure that it solves their needs, help them deploy it, and gracefully upgrade the bitcoin network’s capacity together. We call our code repository Bitcoin Classic. It is a one-feature patch to bitcoin-core that increases the blocksize limit to 2 MB. In the future we will continue to release updates that are in line with Satoshi’s whitepaper & vision, and are agreed upon by the community.
I'm working on a project called Bitcoin Classic to bring democracy and Satoshi's original vision back to Bitcoin development.
BitPay's Adaptive Block Size Limit is my favorite proposal. It's easy to explain, makes it easy for the miners to see that they have ultimate control over the size (as they always have), and takes control away from the developers. – Gavin Andresen
"Eppur, se muove." | It's not even about the specifics of the specs. It's about the fact that (for the first time since Blockstream hijacked the "One True Repo"), we can now actually once again specify those specs. It's about Bitcoin Classic.
Change bitcoin so that old addresses are useless, Satoshi's coins gone, etc. -Theymos "you might have to send all of your BTC to brand new addresses or else you'll lose the BTC" - he says btc should never be locked away for a year or more!
BW on weibo: r/bitcoin mod, core supporter theymos proposed HF with new POW algorithm to get rid of Chinese miners -- Jihan Wu's response (weibo): those who use btcc's pool or exchange have no idea about the situation
I'm tired of the /r/bitcoin and theymos news. Can we megathread this topic?
What does the community think? Personally I come here for news about bitcoin and discussing these things. Discussion about /bitcoin and theymos is fine, but I don't want to see every other thread be about that topic. It shows up over and over and over again. It's tiresome. Can we ask the mods to create a megathread for the topic?
Theymos is clueless, and a theif, it's time for a new place to talk bitcoin.
Subject says it all. Theymos is completely clueless, a theif, and a liar. It's time the community get rid of this parasite. Bitcointalk has been hacked twice in as many months, and theymos is sitting on over 6 million dollars worth of collected bitcoin and advertising dollars. Most of which was collected as donations for upgrades to the site which he never performed. It's time for the community to grow some balls and move on. Stop supporting such a scum bag.
01-20 16:26 - 'Theymos, is that the guy I donated 20BTC to for new bitcointalk forum software in 2013? (6000+ btc donated, still no new software)' by /u/Vertigo722 removed from /r/Bitcoin within 50-60min
[X-Post Bitcoin_Uncensored / ontopic-offtopic] I've created a new sub /r/moderatorwatch to put an end to the moderator tyranny on reddit, and /u/theymos will have the privilege of being the first in the spotlights, anyone interested in helping out?
I've started /moderatorwatch I hope I can post about this here since this whole Theymos saga in the past half year has triggered me to start this.
Bitcoin Classic hard fork causes chaos on /r/Bitcoin! Luke-Jr complains about "blatant lies from a new altcoin calling itself Bitcoin Classic", reveals his ignorance on 2 basic aspects of Bitcoin governance! Theymos deletes top post by E Vorhees, mod StarMaged undeletes it, Theymos fires Star /r/btc
User:Theymos/Alert codes. From Bitcoin Wiki < User:Theymos. Jump to: navigation, search. Alert codes would be an integer composed of one main code bit ORed with zero or more flag bits. Main codes. Code name Text MINER_ATTACK URGENT: The network is under attack by rogue miners. Treat all transactions as 0-confirmation transactions; bitcoins that you receive might disappear eventually, even if ... Theymos, the owner of the BitcoinTalk forums and manager of /r/Bitcoin, posted an interesting comment on the situation. “This issue has been discussed for several years,” he said. A 20 BTC (USD 180,000) bounty for the CoinJoin privacy implementation for Bitcoin has been awarded to privacy-centric Bitcoin wallet Wasabi and CoinJoin solution JoinMarket. The b Earlier today, popular Bitcoin exchange Bitstamp announced how they will be implementing BIP 101 in a few days. As you would come to expect, it was only a matter of time until Theymos issued a comment on how Bitstamp will be removed from all Bitcoin references, including Reddit and the Bitcoin Wiki. Also read: Greek Banks Asked To Pay Bitcoin ... Theymos contributes nothing to bitcoin. ... /r/btc was created to foster and support free and open Bitcoin discussion, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin industry leaders! Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed ...
Counterparty and Ethereum are fighting - top 5 r/Bitcoin News Nov 16
Para começar 2020, comemorando os 11 anos do primeiro bloco do Bitcoin, leio este pequeno texto escrito pelo Theymos, administrador do site bitcointalk.org, ... This video is unavailable. Watch Queue Queue. Watch Queue Queue Theymos Is Deleting Bitcoin's History - Roger Ver by Bitcoin.com - Official Channel. 7:21. Bitcoin Cash Is Lightning Fast With These Two Apps⚡ by Bitcoin.com - Official Channel. 1:12. What ... Bitcoin is over 9000! Bitcoin.org in turmoil Is Bitcoin Diamond a Scam https://themerkle.com/theymos-planned-to-have-bitcoin-knots-replace-bitcoin-core-as-ma... Upcoming videos on Bitcoins censorship by r/theymos, Blockstreams connections to the banks, How Blockstream took over Bitcoins development, as well as videos on Asicboost, Jihan Wu, Roger Ver and ...