Jason Sopko

The community has spoken. 180-day maturity, it is. Milestone: This is the first version of Knots released by someone other than myself. Congrats @kwsantiago!

Looks like the Bitcoin softfork activation will be earlier than anticipated (this afternoon instead of tomorrow), upgrade ASAP!

No, what's confusing and bad form is to call Spamcoin "Bitcoin". That's what is tricking consumers into buying the "wrong bitcoin". "The Blake chain" doesn't merely have the real ethos of Bitcoin, it IS the continued Bitcoin chain, as Satoshi started in 2009. Spamcoin is not. Spamcoin is counterfeit.

Mined bitcoins are unspendable for their first 100 blocks. There has been proposals to either delay spending them for 4375 blocks (~a month), or to zero the block subsidy for a month (so miners only get paid fees and nothing more). The motive here is to deter a large batch of hashers who appear to only have profit as their motive, and are attacking Bitcoin's decentralization in the process. No decisions are final, but you should join the discussion if you have an opinion: discord.gg/Dkr5eRGxU

August 8th, Spamcoin forked off from Bitcoin with a contentious hardfork attempt (removing/violating BIP110 rules). Bitcoin continued, albeit maimed by miner abandonment. August 19th, "Purity" did the same (by removing/replacing the DAA). Bitcoin continued, unfazed. August 30th, Bitcoin deployed a proof-of-work change to BLAKE2b. It was uncontroversial and unanimously supported by what was left of the network, and carries the original chain forward undisputed.

YOU left Bitcoin

Yes, CONVOY continues the original mission I started OCEAN for. Now that Bitcoin is working again, you can donate to me personally at: bc1qslygys5qzfmntkqe5jg6hp2jhl9p32j7tnpprq Thanks Also note that this code to revive Bitcoin is the work of several devs, not only myself.

BLAKE2b is quite a bit better for decentralization than SHA256d... For starters, we now have the precedent that centralization will result in a PoW change, creating a strong disincentive to do so. BLAKE2b also doesn't have any known vulnerabilities (like SHA256d's ASICBoost) and is very simple for new ASIC manufacturers to enter the market. There are already 6 or 7. Since we had to reorganize the header anyway, we also fixed several long-standing issues with it. One of those issues fixed is block withholding attacks. The only way previously to defend against them was incentives and KYC. With the new format, it is possible to defend completely at a technical level. It also increases the nonce space significantly, avoiding the need for mining hardware to handle Bitcoin internals - often incorrectly, a problem that interferes with generating payouts to miners directly.