Why do people confusingly call Bitcoin, Wikipedia, and such decentralized?
It's such an odd confusion. Why do people not understand what a real decentralized system is? For example I just read an article where someone was saying that Wikipedia is decentralized while Facebook is centralized. Which makes no sense at all. Both have user generated content on a platform with a particular set of rules about how that content is structured and where it can be shared. And both have a small hub of individuals who make most of the decisions about the rules. The same is true for Bitcoin. Therse are all very centralized systems. There are differences, obviously. Wikipedia is a non-profit, with a particular, shared goal. Facebook is a for-profit, with various and sometimes competing goals amongst the participants. Bitcoin has a very specific, mostly shared goal of generating and keeping track of mostly meaningless numbers while trying to con people into pretending that they are not meaningless so that early participants can make a profit. In Facebook, the rules are made by hired employees and a board of directors maybe, who represent investors. Wikipedia's rules are decided by the creator and employees, or hired volunteers, and to some extent by power users, I believe. Bitcoin's rules are decided by some anonymous and uncontactable "Satoshi", and then power users, for the most part. Not one of them has a system where everyone is free to make their own rules. In ann of them the power is centralized and if you don't follow the rules, you get booted out of the system. What they do have in common is a large percentage of volunteer participants. They are all crowd sourced to a large extent. And with Bitcoin and Wikipedia, but not Facebook, there is a shared goal. And with Bitcoin, it's all volunteer run and none of the volunteers after Satoshi were hired or elected. It's open to anyone who wants to, and has the resources to, help make the rules. But a truly decentralized system has all volunteers and no hired ones anywhere, and has diverse rules so that anyone can participate even folks with seemingly competing rules. No one can kick anyone out.
Revisionist History: Adam Back's Wikipedia Page is currently protected - Drive-by editors are trying to make changes that say he is Satoshi Nakamoto and remove this section: His company funded github repository, Bitcoin Core, is the predominant client software for this [Blockstream] fork of Bitcoin
curprev 17:10, 11 May 2020 126.96.36.199 talk 4,026 bytes +25 Adam Back is Satoshi Nakamoto Tags: Mobile edit Mobile web edit
Lines being challenged leading up to this event:
Adam is currently the CEO of Blockstream, a technology company that seeks to further the development of Blockstream's proprietary code that competes with the bitcoin protocol. Blockstream provides funding for the development of the Blockstream fork of Bitcoin. His company funded github repository, Bitcoin Core, is the predominant client software for this fork of Bitcoin. 10 . "Bitcoin Cash is Bitcoin". nist.gov
Adam is currently the CEO of Blockstream, a technology company that seeks to further the development of bitcoin and blockchain technology.Blockstream provides funding for the development of Bitcoin Core, the predominant Bitcoin network client software.
"Anyone else intrigued that Jimmy Wales (*ahem* the founder of Wikipedia ) is going to be speaking at CoinGeek London at the end of this month? Talking about how Bitcoin can stop fake news and misinformation? Check it out. "
The best time to buy bitcoins was seven or eight years ago. The second best time to buy bitcoin is now. We are living a very special time in history. This tech will change the world and we are right in the eye of the storm that is forming. Most important: there's no turning back, so you might just jump aboard as well.
Enjoy the lows on price to learn. Watch every video from [Andreas Antonopoulos](antonopoulos.com) and download his book "The Internet of money". His talks teach us how incredible and revolutionary the technology is. When he compares this new tech to the beginning of automobiles and electricity you will get your mind blown away. You will think about what you can sell so you can buy more Bitcoins because It will change the world and almost nobody realised It yet. You won't be able to sleep well for a while. When that happens, remember not to risk more than you can afford to lose.
Since you are hooked by now, talk about it with your friends, family and teachers, bosses, politicians, priest, whatever. Tell them to buy and use It and learn It. It's a new concept of money and a new concept of a means of payment. This thing is new for everybody! Tell them they will be knowledgable of something new, that few people know, specially the journalists that write about It (But they got a lot better, truth be told). Just don't tell them they will make a lot of money. Tell them that they might make a lot of money in the long run and that they also might lose everything. Tell them to learn and make their own decisions.
And be safe. You are your own bank. Even people that use It for years is still thinking about the best way to work things out ( e.g. how to store their backups). It's the wild west. It has scams all over the place, so you have to learn to play It safe, don't trust everyone and literally be your own bank. How? Don't try to day trade. Don't try to buy the next Pumpcoin that got up 70% yesterday. Don't do ICOs. Use a Ledger wallet or a Trezor wallet for larger amounts.
I hope I have covered some basics and that this will give some guidance to new people to learn and don't get burned in the crypto space. To the moon!
There is a huge edit war on Wikipedia where trolls like the user "Jtbobwaysf" are trying very hard to inject the word "bcash" into Bitcoin Cash pages and reverting/editing other pages that speak factually poorly on topics such as Lightning Network, Segwit, etc.
"Email first entered limited use in the 1960s and by the mid-1970s had taken the form now recognized as email."-wikipedia | This video shows how to send an Email in 1984. We're witnessing Bitcoin move beyond this phase of inaccessibility, with layer 2 development and smart contracts
08-03 22:07 - 'You're confused. I'm not calling BTC "Bitcoin Core", but Wuille [is] a Bitcoin Core developer: / [quote] Bitcoin Core on [wikipedia]: > Bitcoin Core is free and open-source software that serves as a bitcoin node (th...' by /u/MrNotSoRight removed from /r/belgium within 1761-1771min
''' You're confused. I'm not calling BTC "Bitcoin Core", but Wuille [is]1 a Bitcoin Core developer:
Peter Wuille is a Bitcoin Core developer and the co-founder of Blockstream. He is #2 in terms of commits to Bitcoin Core and is responsible for important improvements to Bitcoin like BIP 66, libsecp256k1, and Segregated Witness.
Bitcoin Core on [wikipedia]2 :
Bitcoin Core is free and open-source software that serves as a bitcoin node (the set of which form the bitcoin network) and provides a bitcoin wallet which fully verifies payments. It is considered to be bitcoin's reference implementation and is the most used implementation by a large margin.
I was planning on using coinbase but its been almost a week and a half and they still haven't accepted my card. I just need something secure and has the ability to send out (im not sure if that's common).
Wikipedia kept Bitcoin, despite the negative effect. Image: Shutterstock. “We did some A/B testing, where we throw up the testing thing, you can donate using credit card, PayPal, you can donate Bitcoin and it turned out that actual revenue declined when we did that. We brought in less total money, from all three sources,” Wales said. What is bitcoin? Bitcoin (bit – the minimum unit of information and coin – coin) – a payment system based on P2P technology (English peer-to-peer – peer to peer). The principle of its operation is based on an open data transfer protocol. The system uses the Bitcoin unit of the same name, the first and most famous cryptocurrency. History of Bitcoin cryptocurrency.Bitcoin is a decentralized cryptocurrency created in 2008 by the pseudonymous Satoshi Nakamoto.This account resumes the whole history of Bitcoin since 2008 to 2017 and 2018.. On 18 August 2008, the domain name bitcoin.org was registered.. Later that year on October 31st, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: A Peer-to-Peer Electronic Dataset. We analyze the dynamic properties of the BitCoin currency (as the most popular of the digital currencies) and the search queries on Google Trends and Wikipedia as proxies of investors' interest and attention. Time series for the BitCoin currency at the most liquid market (Mt. Gox) are available since 17.7.2010 with the highest reported frequency (a tick) of 1 minute. Bitcoin is a decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: transaction management and money issuance are carried out collectively by the network. The original Bitcoin software by Satoshi Nakamoto was released under the MIT license. . Most client software, derived or "from
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