My name is Bryce Weiner, and I want to hard fork Bitcoin. submitted by
I am currently in the midst of crowdfunding my own smart contract network tailored to the needs of the music industry, called Tao. Tao is designed to execute Bitcoin transactions automatically in order to settle royalty payments. I have been working with music industry insiders, publishers, artists, and regulatory bodies like the RIAA in order to develop this system and build support for it within the music industry. This may be the first time that you in the crypto community have heard of it, but we've raised over $30,000 and the project is picking up steam.
I had the opportunity to have a quick chat with Kim Dotcom and our goals are aligned. Tao and Kim's BitCache system stand to generate thousands of transactions per block, exceeding the tolerances calculated by SegWit. Lightning networks simply are not an applicable solution to our applications.
Bitcoin is open source and is still so young that no position, no matter how well entrenched it may be perceived, is unassailable. No one is allowed to stand in the way of progress for their personal gain. No one may lay claim to authority over the network, intellectually or legally. It is for these reasons and many others that I support an Ethereum-style hard fork of the Bitcoin network so that those of us who have valid intellectual and technological disagreements with the Core developers may part company and go our separate ways. Implied ultimatums and fear mongering over a hard fork, contentious or otherwise, are completely unfounded and Ethereum has proved it.
While the scale of a Bitcoin hard fork is many times greater than that of Ethereum, it is still possible to execute and avoid the pitfalls that plauged the Ethereum blockchain after the fork occurred.
It is not that Bitcoin has failed, or that the Core developers have failed, but that it is plainly obvious that while they deserve a great deal of respect for bringing us this far the current Core development team is not well suited for developing the network within the current environment.
Recently Roger Ver has made statements which indicate that he may be willing to support a hard fork of the Bitcoin network in much the same style as Ethereum. I would like to officially announce that I would support such a network and would implement my solution for the music industry on such a fork.
Bitcoin requires greater transaction capacity to increase transaction velocity, which is a measure of network utility. The utility of the Bitcoin network has suffered under the current paradigm of governance and it is time for change. If the code is law, developers are legislators and when those who legislate do not listen to thier constituents and become corrupt in their positions of authority the seeds are sown for rebellion.
Blockstream and those Core developers not employed by them have collectively failed to execute a vision for the Bitcoin network that fosters growth, inclusion of new ideas, or technical excellence. They have mismanaged the code base and their own company and it is time that everyone reads the writing on the wall.
Myself, Kim Dotcom, and others want to add massive amounts of value to the Bitcoin network and we cannot due to the machinations of a few who feel they are entitled to dictate Bitcoin network policy. I reject their assertion and declare that I will do whatever I can to foster and support a contentious hard fork of Bitcoin.
Long live the rebellion.
A Truly Valuable Coin with a Long History
After learning the ropes of crypto in /dogecoin
, a lot of Shibes want to expand their horizons and “graduate” to other interesting coins.
People pass through /dogecoin
from time-to-time promoting the latest greatest “S%#tcoin”. Some Shibes buy into the hype and get burned. The wonder coin disappears in a few weeks. The only people who make money are the promoters.
A smart Shibe like you understands that scarcity, good distribution, proven demand, liquidity and a great community is what adds value to a crypto currency.
Ladies and Gentleshibes…
I give you Unobtanium. We call it “Uno”.
I’m really gonna give you some. We want to share our great community and the solid proven economics of Unobtanium to all of the shibes.
Go get your wallet here: http://unobtanium.uno
so I can make it rain on you!
NO HYPE: JUST HISTORY It is difficult to acquire. It is rare. It is OLD in crypto-time. (Launched in October 2013).
We have a great and active community over at BTC Talk: https://bitcointalk.org/index.php?topic=527500.0
We also have a Reddit sub at /unobtanium
. Join us!
Uno was 0% pre-mined, not even a single block. Launch was pre-announced on Bitcointalk and COMPLETELY FAIR. There is no POS to erode your UNO holdings over time. If one UNO is lost, then there will be one less UNO, forever.
Our lead developer is the famous Bryce Weiner—not some anonymous pump and dumper. Nobody made a huge profit on the back of the community when Uno was born. There are more than 10,000 Unobtainium wallets in existence after 15 months.
Uno is rare and fair. Those are our founding principles.
• It's rare: we are at 194k coins and it will take a long time to get to 195k. It will take 300 years for the last UNO to be mined.
• High mining rate from day one distributed to 100s of miners.
• It's secure. UNO is running Top 5 strongest networks on the planet. In a few weeks, we will begin merge mining with Bitcoin itself!
• It stores value and rises steadily, Look at the all-time chart in USD: http://bravenewcoin.com/unobtanium/
Current value of 1 UNO is $3.14 EACH. That's 19,912 Doge.
LEARN about Uno from some recent press: http://cointelegraph.com/news/112717/the-alt-cracks-altcoin-stories-that-fell-through-the-cracks https://www.cryptocoinsnews.com/unobtanium/ http://www.newsbtc.com/2015/03/08/unobtanium-can-consider-stable-cryptocurrency/
It's raining Unobtanium. 1 Uno = 1 kilogram. 1000 grams in a Kilo.
In .01 units (one 100th of a Uno, 10 grams, equal to 199 Dogecoins) to anyone who posts a Uno wallet address in this thread for the remainder of this week. Get your wallet at www.unobtanium.uno
Some lucky Shibes who comment and use one of the 11 “Secret Uno Words” in their comment will get 10 TIMES the Uno! .1 Uno, or 100 grams (worth 1999 Doge) to the FIRST Shibe who uses each of one of the magic Uno-related words!
It’s time to rain UNO. Post your wallet and tell me why you want to own and HODL Uno for the long run!
I will check in every few hours for the next 5 days and rain on unique wallets. I'll be keeping track of the wallet addresses and usernames.
A hard rain's a gonna fall!
Thanks to everyone who came and got UNO! This Giveaway is COMPLETE!
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