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ot run segwit. [Audience applause.] We will build up a non-segwit pool and we will fund it, and if we see segwit transactions, we'll reject them. That simple. So, I talked about a cartel. I'm not going to run the cartel, but we're going to reject segwit transactions. So if someone else runs it, I don't care. But I don't accept segwit; I'm not going to. And we're going build a pool that doesn't do that. And anyone who wants to join in that, great. If we see segwit, we'll reject it. Out of hand. Full stop. And we can do that---you advertise both parts of the chain, so we will watch for segwit transactions (not pay-to-script-hash generally---segwit) and anything segwit, bye-bye. Which means you're slower. Because we will take at least 20% of the market, and we will do that, and we will build that pool, and it's coming very soon, and if you want to be slower, run segwit. [Audience question, hard to hear, "Will that require a hard fork..."] I don't need to include it [segwit]. I don't to hard fork. I, as a miner, choose. People don't choose what I do as a miner. I can reject a block any time I want. It is about time that the miners started realizing their role in this industry. The miners set the rules. Not every user. Not everyone out there. Network distribution. You're all wrong. Giant node versus outlying wallet. These [points to slide] are connectivity graphs. What we have in Bitcoin is, as we get more and more connectivity, we get more and more reachability. This is how it actually works. What we have in Bitcoin is not all these other things where people are talking about "power-law", "scale free", et cetra. They are not Bitcoin because Bitcoin was always economic. Any node gets more connectivity over time. That is part of the protocol. The bigger your node is, the bigger the number of connection pools. If you run a Raspberry Pi, you are cutting yourself off from most of the network. In graph theory, it is not how many vertices, it is the edges that matter. It is the connectivity between the graph that matters. So, you're all getting it wrong. Very simple: you don't do node count. Node count is shit. It has zero relevance. Read the mathematics. Zero. That [points to slide labeled "semi-complete ring"] is Bitcoin. That is the actual model of Bitcoin. Those gray areas in the middle, that is the connectivity between the main nodes. It is that dense. There's a distance in bitcoin of d = 1.32. Later this year, I'm not sure how we're going to do it, but we're going to start releasing data. I'm not sure how because we have petabytes. [Points to another slide with same title] That is also part of it. It is bigger than a small world model. It is not anything that people are talking about. It is not a mesh. You send one transaction in 2.3 seconds, once it hits the network, 99.98% of the hash power has your transaction. It can take 25 seconds to get to 99% of the network, but it's the hash power that matters. Who gives a rat if your little Raspberry Pi gets it late? You're not going to put it in a block any way. If you don't have it in a block, it isn't part of Bitcoin. That's drilling into that network. This is what people think it is. This is what Lightning is. It's a mesh. Lots of little hops, central nodes, et cetra. Red balloons in Bitcoin: a group of Microsoft mathematicians went over and did the mathematics behind sybilling and other things. Any network with a distance of three plus can always be sybilled. Mathematically proven: always. Every time you do it. That---Lightning---can have eighty hops. Not eight, eighty. That means it is always vulnerable to attacks. Not sometimes. Always. It is mathematically proven. Read the paper; read their results. Bitcoin doesn't get sybills because it has a distance under three. What we end up, with this, Bitcoin... the problem, people don't get the difference in words. Bitcoin is "highly centralized" because it has "high centrality". That Lightning mesh is more of what we are arguing is centralized. In mathematical terms is more distributed than any network globally has ever been. It has
less chance of ever being hijacked than anything that has ever been created. There's a recent paper on routing in Bitcoin. It's wrong. Not because you can't hijack ASNs but because there are so many links. You can knock a node off and attack an individual, but you don't need to take over an ASN to do that. Now, what they also failed to say is, if you did that attack, you would take over 99% of commercial Internet providers. You would take over every military network on Earth. You would take over all of the telecomms' links. And do you think attacking all these core routers and doing that will be allowable just because it's Bitcoin? I mean, honestly forks, to attack these routers and take over the core BGP systems. Well, not going to happen. Yes, ISPs can make you part of the... they can prune you. Uses your phone, use 3G. Whatever. Multi-home. So, it is a semi-complete ring. It is actually bigger than a small-world network. These transaction graphs people keep doing are not Bitcoin. They are how economics works. When you have a transaction graph of transactions going from party A to B to C to D, that's how people spend money, not how nodes connect. Have we not thought about that? You can't model Bitcoin looking at how transactions flow between addresses. You look at the connectivity from the nodes. There are 1.2 million edges just over on the Bitcoin network right now. The entire UASF pool has 36,500 edges. Any idea what effect they have? Well about 0.3%. They can point three percent the network as they isolate themselves and do nothing. As I said, I have no idea how the hell we're going to get it out. We're going to start doing something to get... Jimmy and others will have others will have fun trying to arrange this, I've just got shitloads of data. There's petabytes. I have no idea how the hell we're going to distribute it; that's other people's problems---I'm good at making those. So we have data going back to January 2009. It's been captured since then, right down to network dumps and the works. Scale, growth, and vision: we need to scale! We need real leadership. There should be no king in Bitcoin; there will be no king in Bitcoin. We are a community, and it is time we start acting like one. There are a few things happening. And they'll become very public very soon, but Jimmy and things will get really upset if I start talking about them now. So blame Jimmy. Everyone, that's Jimmy. Ok, we need sustainable operations; we need innovations; we need to attract companies. Not like Luke [Dashjr?] and his, "oh, we want to keep away these companies." We need to attract companies. We want banks to use Bitcoin. And if you don't, then I don't care---I'm going to make it happen. Very simple: you don't like it, find an altcoin and compete with me. Split off Bitcoin and compete with me. And we're going to compete hard. Coopertition [sic; portmanteau of cooperation and competition]: you can help us, you can try to harm us, but at the end of the day, I want fee-based controls. I want people to use Bitcoin as much as you want them to. We want this global. I don't a few geeks using Bitcoin. I want my grandmother buying her gum or whatever else on Bitcoin. When that happens, when some small individual who doesn't matter to most of us uses Bitcoin, it succeeds. I was Ghana a few years ago. In Ghana, you see these half-built houses. And people are proud of them. Any idea why people have all these half-built houses? Well, no bank mortgages, but it's also saving. They go out there every now and again; they buy a bag of cement, they buy some more bricks; and they build another wall. They can't sell the house until it's finished. But it's an incentive. They can then invest and save. Right now, they can't use a bank. They can't hide money, because it'll be stolen. They'll be extorted. Bitcoin means that they have a real alternative. It is proper financial sovereignty. Not because they run a bloody node, but because they have their keys. One of the things we have coming very shortly, it's in our first lot of patents coming out, we have a sp
lit key system so that exchanges and wallets and whatever else will never have control. You and the other part can use a type-1 Bitcoin address and no one has control. The exchange cannot steal your money. They will never, ever be a Mt. Gox on this. [Audience applause.] You can't cheat the exchange either. They will be happy can't lie; you can't cheat; you can't steal. Between all of that, then we don't need trust. Right now, we are building systems that are just like we had before. So, yes, we some new code and new things coming out, and that will enable you to have split keys. Not because you've got a USB key or whatever else or whatever hardware wallets are out there, but because you can have a shared key infrastructure where both you and the exchange both act together. So, fee structures, I'll talk to people about that if they want later, but the idea that we want something that scales. We want innovation, development, profitability---profit does not go down to zero. Profit goes to the innovators; those who create. If you make something that is better---a faster ASIC, a faster wallet, as faster sigop---get paid for it. That's what Bitcoin is really about; it is not socialist, it is libertarian. That is capitalist, not crony-capitalism, not getting money from government: capitalism with people competing. So we are going to add structures so that DDoS doesn't happen. In case people don't know, my past is with casinos for a long time. I've done a lot of things back from [inaudible]. I setup the first Internet casino that had a license. That was me and my company. And we were attempted to be DoS'd and attempted to knocked and attempted basically screwed by everyone who wants to take money and extort us for many years. Whether it's poker, whether it's gaming, or whatever else. And it's controllable and stoppable, and we're going to ensure with what we're setting up that miners and other know how to run a proper network without being knocked off the damn network. Future: we want to increase revenue streams. Everyone, and I mean everyone should be making money here. We want to ensure that we have transaction and custodial-based revenue. Not us---everyone. This is a big, big potential industry. This is something that is global in nature. We are getting there. we're nearly at Ten. Ten years. We should be competing with Visa now. Not later, not whatever else. Now! It is coming up on ten years. That is one thousand times the scale, and we are not growing. Thirty billion dollars is not big. Thirty billion dollars is piss-ant. [Points to screen.] That dot there is Bitcoin. When that dot there is everything, we have succeeded, and only when it is everything. Thank you. [3:21:16]
CLEARED: Bitcoin creator Craig Wright: I'm suing crypto exchanges Coinbase and Kraken, crypto exchanges are scams

May 9, 2022

https://www.usetmx.com/details?cId=12456 
De Craig no debería quedarte con solo una frase, puede que no veas todo "el cuadro"

CSW Presentation at Tokyo (1/2)
20 Jul 07, Tokyo
https://www.youtube.com/watch?v=uNX9AKjfX70&t=12s

CSW Presentation at Tokyo (2/2)
20 Jul 07, Tokyo
https://www.youtube.com/watch?v=Jz67NWmrgxg
Restoring the Internet's original design with IPv6 & BSV | In Conversation - Dr Craig S. Wright
17 jun 2022
https://www.youtube.com/watch?v=fdXHA-WBvbU
"Craig Wright sees world where Bitcoin processes 10 billion transactions per second | CG Backstage"
https://youtu.be/H8Ik-Sxxqrk