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The Crypto Prophecies

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r/CryptoCurrencySee Post

Is Chainlink's Cross-Chain Interoperability Protocol (CCIP) Going To Unify The Blockchain World Like TCP/IP Did With The Internet?

r/CryptoCurrencySee Post

Transformers Chain (TFSC): The Power of Full Connection and Maximum Quantity

r/CryptoCurrencySee Post

Raise in malware intrusion in crypto scams

r/CryptoCurrencySee Post

Raise in malware intrusion in crypto scams

r/CryptoCurrencySee Post

The killer app of crypto

r/CryptoCurrencySee Post

From TCP/IP to CCIP: Chainlink and the New Internet of Contracts

r/BitcoinSee Post

Issue when setting up fulcrum server

r/BitcoinSee Post

Decoder Podcast with Lightspark CEO. "Bitcoin is still the future of payments"

r/BitcoinSee Post

ELI5 the node "handshake"

r/CryptoCurrencySee Post

Technologies don't scale in layers

r/CryptoCurrencySee Post

The next billion users

r/CryptoCurrencySee Post

Polkadot 🤝 Cosmos

r/BitcoinSee Post

Node troubles

r/BitcoinSee Post

| Ch. 1 | From Concept to Reality: The Birth and Growth of #Bitcoin 🍊

r/BitcoinSee Post

need help configuring node

r/BitcoinSee Post

A few questions.

r/SatoshiStreetBetsSee Post

🚨 TCP Is available on the Play Market 🚨 💁‍♂ Enjoy the exciting #P2E experience on #Android with even fewer barriers Download The #CryptoProphecies for FREE 👇 https://play.google.com/store/apps/details?id=com.quazard.tcp

r/CryptoMoonShotsSee Post

Missed Cult & The protocol ?! Dont miss The Cult Protocol

r/CryptoMoonShotsSee Post

If you missed #CULT & #THEProtocol ?! Don't miss the Cult Protocol - play the game and earn TCP tokens

r/CryptoCurrencySee Post

Still trying to get my Monero cpu mining rig going, any thoughts?

r/CryptoCurrencySee Post

The Worlds First Trust Network

r/CryptoCurrencySee Post

Cosmos - Internet of Blockchains

r/BitcoinSee Post

Is port forwarding to two nodes on the same router possible?

r/BitcoinSee Post

Is port forawrding to two nodes on the same router possible?

r/BitcoinSee Post

Would Bitcoin survive the apocalypse?

r/CryptoCurrencySee Post

TCP/IP ... Bitcoin and beyond

r/BitcoinSee Post

Which currency would be most likely to survive a Nuclear War?

r/CryptoCurrencySee Post

What is crypto about, and why is it so confusing?

r/CryptoCurrencySee Post

Crypto as The Future.

r/CryptoCurrencySee Post

Quant will connect the Metaverse

r/CryptoCurrencySee Post

Response from Wikimedia as to why they stopped Crypto donations (facepalm). And the link there goes to Bitpay (double-facepalm).

r/BitcoinSee Post

Response from Wikimedia as to why they stopped Bitcoin donations (facepalm). And the link there goes to Bitpay (double-facepalm).

r/CryptoCurrencySee Post

We're still early, we will be for the next 25-50 years

r/CryptoCurrencySee Post

A model for a decentralized peer-to-peer web3 crypto-economy.

r/CryptoCurrencySee Post

Understanding Nervos’ 2022 Roadmap: With Chief Architect Jan Xie

r/BitcoinSee Post

help opening port 8333

r/BitcoinSee Post

Run Bitcoin Core 22.0 on Termux (Android)

r/CryptoCurrencySee Post

AMA with Nervos Network lead architect Jan Xie. Earlier today we had an AMA with Jan in our telegram group. Here’s what he had to say

r/CryptoCurrencySee Post

UNPOPULAR: CBDC's going to happen and QNT will skyrocket.

r/CryptoCurrencySee Post

Comparing bitcoin with the rest

r/CryptoCurrencySee Post

Here is how Ethereum COULD scale without increasing centralisation and without depending on layer two's.

r/CryptoCurrencySee Post

Here is how Bitcoin COULD scale to have 1 Gigabyte big blocks without increasing centralisation and without having to depend on custodial Lightning wallets.

r/BitcoinSee Post

BTC doesn't have intrinsic value in the traditional sense. We need to get past this.

r/CryptoCurrencySee Post

How does Chainlink's CCIP differ from Cosmos?

r/CryptoCurrencySee Post

How does Chainlink's CCIP differ from Cosmos?

r/CryptoCurrencySee Post

On Web 3 and decentralization and stuff

r/BitcoinSee Post

[question] RPC in Bitcoin Core: one full user, and several limited

r/CryptoCurrencySee Post

Decentralization is not necessarily a good thing

r/CryptoCurrencySee Post

The real Satoshi Nakamoto?

r/CryptoCurrencySee Post

If Blockchain will have the same impact as the Internet, we’re still VERY early

r/CryptoCurrencySee Post

There are 56 million millionaires in the world. There will only ever be 21 million Bitcoin. All the millionaires in the world can’t even have 1 BTC each.

r/CryptoCurrencySee Post

Why I’m All In: Memories of the 90s

r/CryptoCurrencySee Post

Bitcoin/Ethereum is the most effective tax on the rich in human history

r/CryptoCurrencySee Post

My thoughts on why to hodl Bitcoin is a no-brainer.

r/BitcoinSee Post

My thoughts on why to hodl Bitcoin is a no-brainer.

r/CryptoCurrencySee Post

Did you know Bitcoin can scale up to 4000 tx per second and still remain decentralised where full nodes can be run by hobbyists? Here is how:

r/CryptoCurrencySee Post

What’s the deal with Quant?

r/CryptoCurrencySee Post

Web 3 and Crypto, this is why Blockchain is the future ( long read )

r/SatoshiStreetBetsSee Post

My 2c about the current IOTA rally as a trader, and as an IOTA holder since ICO

r/CryptoCurrencySee Post

Unpopular Opinion: Solana is in Beta, and is not equivalent to many other Crypto projects.

r/CryptoCurrencySee Post

Creating a worldwide foundation, representing every crypto and promoting broad adoption

r/CryptoCurrencySee Post

Len Sassaman and Satoshi: a Cypherpunk History

r/CryptoCurrencySee Post

100 Crypto Quotes - The Good, the Bold and the Ugly

r/CryptoCurrencySee Post

I've been in this for 11 years now. Here's my objective take on Bitcoin vs Ethereum and why Ethereum cannot usurp Bitcoin

r/CryptoCurrencySee Post

I've been in this for 11 years now. Here's my objective take on Bitcoin vs Ethereum and why Ethereum cannot usurp Bitcoin

r/CryptoCurrencySee Post

Types of orders for beginners

r/BitcoinSee Post

Lightning Network Explained by Harris Brakmić

r/CryptoCurrencySee Post

Who can unlock the mystery

r/CryptoCurrencySee Post

Longs vs Shorts, leverage, margin and liquidations explained for beginners

r/CryptoCurrencySee Post

Why You Should Own At Least 100 Chainlink Tokens — $LINK

r/CryptoCurrencySee Post

Education

r/CryptoCurrencySee Post

There are 56 million millionaires in the world. There will only ever be 21 million Bitcoin. All the millionaires in the world can’t even have 1 BTC each.

r/CryptoCurrencySee Post

Cryptographic hashing for the blockchain. What is it?

r/BitcoinSee Post

Bitcoin as "Mutually Assured Preservation" - Jason Lowery, US Space Force | MIT

r/CryptoCurrencySee Post

Inflation vs Deflation

r/CryptoCurrencySee Post

BlockChain Layers

r/CryptoCurrencySee Post

BTC Halving explained

r/CryptoCurrencySee Post

Smart Contracts Explained

r/CryptoCurrencySee Post

Fractional Reserve Banking Explained

r/CryptoCurrencySee Post

Defi hacks and exploits explained

r/CryptoCurrencySee Post

AUGUST UPDATE - Experimenting with low market cap coins.

r/CryptoCurrencySee Post

Educational Topic Ideas

r/CryptoCurrencySee Post

Liquidity Pools Explained

r/CryptoCurrencySee Post

Dusting Attacks Explained

r/CryptoCurrencySee Post

Arbitrage Explained

r/CryptoCurrencySee Post

Lump sum vs Cost averaging

r/CryptoCurrencySee Post

The Smart Money Market Cycle

r/CryptoCurrencySee Post

Mike Tyson asks "Which do you prefer, BTC or ETH?"

r/CryptoCurrencySee Post

Mike Tyson: "Which do you prefer, BTC or ETH?". Let's have a debate!

r/BitcoinSee Post

How is Bitcoin a protocol?

r/BitcoinSee Post

Ever wonder how bitcoin nodes talk to each other? Tutorial covering the raw details behind the TCP based bitcoin wire protocol.

r/CryptoCurrencySee Post

The first 10 years of crypto feel like the first 10 years of the internet

r/CryptoCurrencySee Post

Crypto is not like Gold, Dollars or Stocks !

r/CryptoCurrencySee Post

UPDATE - Experimenting with low market cap assets

r/BitcoinSee Post

Bitcoin: A Peer-to-Peer Electronic Cash System, by Satoshi Nakamoto, 2008 / explained

r/CryptoCurrencySee Post

Critical optimism is better than blind faith

r/CryptoCurrencySee Post

Thoughts from an old timey programmer on blockchain . . .

r/CryptoCurrencySee Post

DeFi Explained: A list of blockchains supporting DeFi

r/CryptoCurrencySee Post

Explain what I buy when buying ETH, ADA, POLKDATOT

r/CryptoCurrencySee Post

Ethereum is like an iceberg a most people only see what is above the surface.

Mentions

My favorite way to look at this is the following: The internet is built on a base layer: TCP/IP. Then we built Email and the World Wide Web on top of that, then Ecommerce and streaming video on top of that. Then we added smartphones and apps to it. All of this over the last 30yrs. If you see BTC as TCP/IP then imagine what the next 30yrs will bring in world of decentralized finance. BTC is the springboard not the holdback.

Mentions:#TCP#BTC

Not really. The lightbulb got replaced multiple times, we're currently using LED. Bitcoin isn't just a coin. It's a protocol to build on, like the TCP/IP. That's why electricity, not a lightbulb.

Mentions:#LED#TCP

Interesting question, but the answer might be that Satoshi had no deep understanding of stores of value and only wanted to solve the problem that they recognized. The developers of internet protocols TCP/IP never envisioned e-commerce, electronic banking, VOIP, etc. I do not think anyone would argue that we should go back to the original intent of the internet and kill all the advanced use cases.

Mentions:#TCP

People their view about how fast things go is so distorted imo, the internet as we know it today was invented around 1983, the TCP/IP protocol enabling the invention of the internet was invented in 1970. Why did it take 20+ years for the internet to take off? People need generations to adjust to new technology and usually only younger people really understand what the social and economic implications are. Look at even "AI" , the ideas around neural networks are 80 years old and only just now we have enough computation for the masses to interact with AI models directly.

Mentions:#TCP

We are the year 1999, the internet was invented around 1983. It's been 15 years and counting. This is 5 lifetimes in tech. The TCP/IP protocol is open sourced. If anyone could find anything useful with mass appeal, it would have been done by now.

Mentions:#TCP

Bitcoin is a protocol. Like TCP/IP. Anything that's important will be added to it or built on top of it. It's like saying "what happens if someone comes up with a better method of counting?"

Mentions:#TCP

I don’t really think Bitcoin will ever seem archaic. We will just build on top of it and make it adapt to the changing technology around it. At the end of the day Bitcoin is a protocol just like the internet (TCP/IP). We just continued to build application’s on top of it. We will do the same with Bitcoin.

Mentions:#TCP

Not true, it might be the case in the US and other places where the infrastructure makes one system synonymous with the other. They are probably being sent over long band cell towers hat aren't set up to transmit TCP/IP packets

Mentions:#TCP

Eh, how can i put it... Fire was the first fire... You don't reinvent fire... sure maybe you can generate heat in ways other than combustion/flames but a flame is a flame. This idea that bitcoin is dominant simply because it was first is (IMO) misguided... Being first is a factor of course, but bitcoin's superior technology is the reason it has been adopted in ways copy-cats haven't. It's hard to logically see it any other way to me... Similar rings true of Email and TCP/IP ... these technologies were just that good that they stuck and their alternatives/competitors didn't **And above all, Bitcoin was NOT the first form of cryptographic money or internet-based money... many other attempts were made prior... It's just the first to do it properly.**

Mentions:#IMO#cats#TCP

Also the addresses of these seed nodes? They are hardcoded into the protocol. What happens if the standards of TCP/IPv4 gets deprecated and a new protocol comes around? Just fork it?

Mentions:#TCP

Bitcoin protocol is to money the same as TCP/IP is to internet. TCP/IP is not he same as decades ago and there are layers built over it, the same is going to happend with bitcoin.

Mentions:#TCP

The cyber kill chain was made by Lockheed Martin, the TCP/IP model was developed by the United States Defence Department

Mentions:#TCP

As someone who has worked within the IT industry since 1995 I believe I can offer some insight as to why you tend to encounter disbelief towards BTC from seemingly well qualified people. It has been my experience that information technology has attracted a certain type of person in previous times, the very literal minded, text book savvy types who value the more engineering aspects of networking, and devices, the thing is, 'Information' has an epistemological, and flexible quality, in reality human intelligence has an open ended, and variable tendency: what is considered absolutely true and profoundly unquestionable in one era, becomes an absurdity and blatantly untrue in a subsequent time. The 'consensus' empirical truth of the 15th Century gave way to quite a different paradigm of thinking in the 18th Century, right? The Sun was not the center of the universe, but to suggest it wasn't was heresy at one time. IT is very much a microcosm of our civilization, the "AI" developments and the derivation of artificial intelligence is now a solid reality, only 30 years ago this was science fiction only! The same applies to Bitcoin, this was regarded as being almost a technical spoof, a joke among network and data base engineers, as if Satoshi Nakamoto was a character in some Japanese cartoon. IT engineer types are very conservative people, the 2 men who invented TCP/IP, and later on Tim Berners-Lee who developed individual addressing for online documents (the World Wide Web) were also highly practical, engineering types. Bitcoin was too much of a science-fiction idea for these kinds of people, it took actual acceptance by the financial world to shift their minds.

Mentions:#BTC#TCP

lol No. Bitcoin is a protocol. you are asking like our internet will be replace from TCP/IP protocol to another better protocol ? protocol can not be replaced once it comes to adoption as long as it is doing its thing.

Mentions:#TCP

Cypress for example, amongst others. You say the legacy financial system has worked and offered such a big leap, yet managed to leave the majority of the world's countries either unbanked or highly indebted whilst stealing their natural resources. No sir, YOU'RE delusional - That illusion has done quite the work on your mind if you truly believe it's sustainable to any degree. Bitcoin was created precisely because an absolute centralised monetary policy corrupts absolutely. The traditional form of money would've potentially worked longer if the gold standard hadn't been dropped. Every single form of money has been debased, in the last millenium every 200 or so years, taking fiat off the gold standard likely just accelerated things. With the advent of the internet, the TCP/IP protocol stack would just be a prelude to a money protocol. Bitcoin, out of sheer necessity and as a voice to all those who've been wronged fit that slot nicely. Is it the answer? We'll see, but truth is, is does everything we need money to do, and what it doesn't do, it's developing. Programmable money might be something you're simply unable to comprehend in your current state of indoctrinated hive-mind. If you continue to have any sort of confidence in fiat, then you ought to check your financial privilege and really take a good hard look at the world around you, and especially beyond you and yours.

Mentions:#TCP

I see what you're saying but how many users of the internet can tell you how a TCP or UDP packet works ? Bitcoin in its current form will be the winning thing with longevity. That is what Michael Saylor has been going on about for the past couple years. This is what he's investing in. The usability of Bitcoin, utility, efficiency, interoperability, etc etc will take place on layers above Bitcoin like we already have seen with the advent of the lightning network and liquid chain and rootstock

Mentions:#TCP

Shitcoins are called shitcoins for a reason. You can catch lightning in a bottle and SELL a shitcoin that will otherwise become worthless one day to increase you fiat position. Thats basically the purpose of them. Compared any shitcoin/BTC chart over years time and you'll notice on thing: they all bleed against bitcoin because it actually has the monetary principles and antifragile properties to make it the king. Whether people like it or not, Bitcoin is the TCP/IP of the protocol wars. It's already won

Mentions:#BTC#TCP

I know I mean I am positive this is going to infinite. Bitcoin is the protocol for money the same as TCP/IP is the protocol for the internet. It is going to change the world

Mentions:#TCP

It's going to take years for crypto technology to be distilled down into pragmatic concepts that actually make sense. First we have to establish a set of "winners" whose technology become the agreed upon protocols (in a technical sense) that everyone uses. Similar to TCP/IP or other networking protocols. Then layer on programming languages. Then layer on financial and game theory concepts. Then later on government regulations. etc. Crypto is incredibly difficult to communicate about. Hopefully the chaotic dust of jargon upon jargon will settle over time as the best protocols rise to the top, but it will always require expert communicators to teach the concepts.

Mentions:#TCP

Of course. This won't happend now. It will take decades for the common joe to see they need an alternative. It won't happend first either in Europe or USA - places with an "strong" currency. But it is inevitable every fiat will go down in value against bitcoin. Bitcoin is to money the same TCP/IP is to internet. Back then only people on the computer world would access the jnternet - now a kid 8 years old can get a tablet and go to YouTube and watch videos. It will be updates and the same as TCP/IP, bitcoin will be easy to access to anyone. Same as cold storage services. All of this will come if, and only if, bitcoin keep surviving. The reality is that this is either going to infinite, absorbing every currency in the world during the next centuries or is going to die. No in between. No forever 70k-100k during decades. It is either moon or literally nothing but a dream that didn't came true.

Mentions:#USA#TCP

Bitcoin is the protocol for money. The same as TCP/IP is the protocol for internet. TCP/IP is not the same as 20 years ago. The same as Bitcoin is no the same. It keeps evolving and being updated. The problem about the speed of transactions and its cost is solved via layer network, which is a layer on top of the chain. There is no second best. There can not be a second best. If there is something bitcoin can adopt because it is a good idea, miners will update to that as its been hapening all those years. Welcome to the rabbit hole.

Mentions:#TCP

Start thinking about bitcoin, not as a currency, but as a protocol. How do computers connect to the interwebs? Through TCP/IP (transmission control protocol/internet protocol) rules. It's nothing more than a framework that everyone agrees on to be able to talk to each other. Are there better ways? maybe. But it doesn't matter. This is what everyone is agreeing on. If you use a different protocol, it doesn't make you wrong, it just means you won't be able to talk to 99.9% of the internet. What makes bitcoin different is that it's a protocol for transferring value. And value needs a different set of rules than simple communication. As this is going to be a winner take all scenario and given BTC's market share it looks like the market is narrowing in on a single protocol. Bet against it, but understand why people pick btc over all the other options. Can a government make bitcoin illegal? Sure. But at what cost? It would be nearly impossible to enforce. And if bitcoin has no value, then why does every government seem to have a hard on to recreate it?

Mentions:#TCP#BTC

If your analogy is the internet then BTC is TCP/IP which you are using to read this now

Mentions:#BTC#TCP
r/BitcoinSee Comment

>I'm not talking about encryption type security. im talking more along the lines of a 51% attack type thing. It's the same thing. Trying to hack Bitcoin you have only a few options, none of which are remotely feasible. 1. Brute-force generating keys until you find one that has a balance (nearly impossible) 2. Reverse engineering the private key from the public key (impossible as far as we know) 3. 51% attack With the current mind-bogglingly massive total hash rate of over *550 quintillion hashes per second*, this is also nearly impossible and completely foolish to even attempt, since those efforts would be much better allocated to buying BTC or miners anyways. 51% attacks and other network takeovers are only a concern for altcoins. ​ >because bitcoin can only do 600k transactions per day. Meaning you can only update \~600k wallets once per day. Even with lightning protocol that is an extremely bleak propsect and IMO a fatal flaw. I'm not too concerned with the specifics of lightning, because it's not the only possible scaling solution. I think there will be one or multiple layer-2s and layer-3s in the future, the same as how the internet protocol developed over time. Maybe lightning will be the equivalent of UDP, or maybe it will end up being TCP, if you know what I mean. Also keep in mind that not every end user has or will have a unique address on the base layer. For example, the ETFs are very popular and are attracting a lot of inflows since they were launched, and the ETF managers are certainly not making a new Bitcoin address for every single person who buys the ETF. Same thing with exchanges. Maybe there is a cryptographic way to do this too. Of course, ideally you'd stack early and have your own Bitcoin on the base layer, it's like buying Manhattan land in the 1800s. And how did Manhattan scale? Vertically.

r/BitcoinSee Comment

No. Bitcoin is like the TCP/IP.

Mentions:#TCP
r/BitcoinSee Comment

No. Bitcoin is like the TCP/IP.

Mentions:#TCP
r/BitcoinSee Comment

Bitcoin is protocol, like HTTP, FTP, TCP/IP, etc.. You can’t ban Bitcoin, you can only ban yourself from Bitcoin.

Mentions:#FTP#TCP

Silly question. BTC is already the TCP/IP of the protocol wars The sooner people accept this the better off they will be financially

Mentions:#BTC#TCP

See my other response and continue there, it doesn't have to be a single node. They are spinning up a network of nodes, but we could do peer to peer relaying of contract states. I could set up a node now that uses RPC, TCP it doesn't matter.

Mentions:#RPC#TCP

So it's a multi step basis. Step 1, you construct the tx with the correct hash and broadcast it to chain. Step 2, you send your payload to either the participants you wish to notify, or a known host. Currently, the host uses an HTTP call, but I could WhatsApp you the payload and you could add it to your contract state manually. I don't really see how HTTP calls are relevant, it's just a means of communicating data. You could set up your own node and use TCP, anything?

Mentions:#TCP
r/BitcoinSee Comment

People can put their money where ever they want. Shitcoin scammers are kind of tragic though, of course we feel bad for people fleeced by such obvious scams. Shitcoiners are selling the IPX/SPX of digital money. Sure, some of the people pushing that tech were dumb enough to truly believe in it, just like some altcoiners are today. Those with common sense saw the writing on the wall quite early, and knew the TCP/IP was inevitable. They knew netware pushing an alternative was basically stealing money from schools and charities and small businesses. Same kind of tragedy.

Mentions:#IPX#SPX#TCP

Phones and laptops are complex devices with a surprising number of ways for seed exfiltration to occur. It's not just keyloggers that send data over TCP/IP (although that is a common way for seed phrases to be stolen). Reputable, open source hard wallets, by comparison, are specialized devices that are specifically hardened to prevent the seed / keys from ever leaving the device. This is why it's risky to type your seed into a phone or computer, and why it's relatively quite safe to input it directly into a hardware wallet. For someone with a trivial amount of Bitcoin, maybe it doesn't matter. For someone with a substantial amount of their net worth in Bitcoin, it's important to do this right.

Mentions:#TCP
r/BitcoinSee Comment

Nothing can replicate how Bitcoin was born. Aside from that, if there is a technology that Bitcoin can use, it will be an updated. The network is not what it was 14 years ago, it has been updated and it will keep being that way forever. Think on it like TCP/IP. It is a protocol. Same with Bitcoin, it is a protocol for money. It will keep improving (see lightning, SegWit, etc...)

Mentions:#TCP

>Bitcoin is a protocol, not a company or a product. These analogies don't apply. What's replaced TCP/IP? I'm seeing both of those statements a lot recently. Where did you get that from? Both the "Bitcoin is a protocol" line and the comparison to TCP/IP.

Mentions:#TCP

You shouldn't compare protocols to companies. A better comparison would be against http/TCP/IP. And they're still used pretty heavily and will continue to be used.

Mentions:#TCP

Bitcoin is a protocol, not a company or a product. These analogies don't apply. What's replaced TCP/IP?

Mentions:#TCP
r/BitcoinSee Comment

The reasons for the persistence of TCP/IP and considerations about its future, including parallels to the Bitcoin network, involve a mix of technological, economic, and social factors. Here’s an overview: ### Why TCP/IP Hasn’t Been Replaced 1. **Ubiquity and Standardization**: TCP/IP is the backbone of the internet, deeply integrated into almost all digital communication systems. Its widespread adoption has led to a significant amount of infrastructure built around these protocols, making any replacement costly and complex. 2. **Scalability and Robustness**: Despite its age, TCP/IP has proven to be incredibly robust and scalable. It has been able to support the growth of the internet from a few interconnected computers to billions of devices today. 3. **Continuous Improvement**: Rather than replacing TCP/IP, the approach has been to improve and build upon it. Technologies like IPv6, for instance, address some of the limitations of the original protocols, such as the exhaustion of IP addresses. 4. **Interoperability**: The global nature of the internet requires a common set of protocols that all devices can understand. TCP/IP provides this universal language. Introducing a new protocol would require global consensus, a challenging feat. 5. **Legacy Systems and Compatibility**: The internet is full of legacy systems that rely on TCP/IP. Ensuring compatibility between old and new systems is a significant challenge that any replacement protocol would face. ### Parallel with Bitcoin Network - **Innovation vs. Replacement**: Just like TCP/IP, the Bitcoin network has seen proposals for improvements rather than outright replacement. Technologies like the Lightning Network aim to address some of Bitcoin’s scalability issues without replacing the underlying blockchain technology. - **Decentralization and Adoption**: Both TCP/IP and Bitcoin benefit from widespread, decentralized adoption. This makes any fundamental change difficult, as it requires broad consensus within a diverse and dispersed community. - **Future Needs and Technologies**: Just as TCP/IP might eventually evolve or be supplemented by new technologies to meet future internet needs, the Bitcoin network or its underlying blockchain technology could also evolve. However, the principles of decentralization and cryptographic security are likely to remain central, much like how the principles of packet switching and end-to-end connectivity have persisted in TCP/IP. ### Looking Ahead: 50-100 Years In the long term, both TCP/IP and the Bitcoin network may see significant evolution or even replacement as technological needs and capabilities change. Quantum computing, for example, could pose challenges to current cryptographic standards, necessitating new protocols for security in both the internet and blockchain technologies. Similarly, advancements in network technology could lead to more efficient, secure, and scalable alternatives to TCP/IP. However, the transition to any new technology would be gradual, involving layered improvements and backward compatibility, rather than an abrupt switch. The key factors in any such transition would be the clear advantages of new technologies over the old, the ability to integrate with existing infrastructure, and the consensus among stakeholders. In summary, the reason TCP/IP hasn't been replaced is due to its widespread adoption, robustness, and the continuous improvements made to work within its framework. Similarly, while technologies like the Bitcoin network may face challenges that require significant evolution, the path forward is likely to involve iterative improvements rather than outright replacement.

Mentions:#TCP
r/BitcoinSee Comment

When was the last time we replaced TCP/IP?

Mentions:#TCP
r/BitcoinSee Comment

I’ll try. Apologies that this will surely either be too fast or too slow for you.  There’s a lot to it it’s difficult to know what to cut.  On the internet, computers talk to each via a protocol. For web traffic like this Reddit page you’re reading, they use the TCP/IP protocol.  That’s how computers express to each other the desires of their users, and how those desires are fulfilled.  Bitcoin is similar. It’s a protocol allowing computers to engage with each other under a specific set of rules. The rules are, if you solve a sufficiently complex math problem whose only known solution is brute force, you are paid newly minted bitcoin for doing so.   It’s an open offer to trade energy for bitcoin.  Any computer in the world may fight to accept this trade.  Who cares?  Why does anybody bother to spend energy and commit compute cycles to win worthless bitcoin?  Well it’s a somewhat complicated story, but the short answer is that people saw the promise of what these Bitcoin units might be used for, and anticipated that it might one day sell for $50k or even higher the way it does today.  So they demonstrated their belief in the value of Bitcoin by trading their resources for it. And this is how it’s gone ever since. More people believe in the value of this decentralized unit of measure, the price goes up, the puzzles get harder, it gets more expensive to mine, etc.  The point of the puzzles is twofold. It controls the pace at which new bitcoin are released, and it’s important to maintain the security of this decentralized network.  The reasons for this are a bit too technical for a quick introduction, but the Bitcoin white paper describes it well and can lead you further.  There’s a lot more to say but space and time are limited so I hope this helps. Good luck to you. 🍀👍

Mentions:#TCP
r/BitcoinSee Comment

I told my father that Bitcoin is the protocol for the money the same as TCP/IP is the protocol for bitcoin. It seems that analogy went quite well since he repeated it to my uncle during christmas dinner

Mentions:#TCP
r/BitcoinSee Comment

Bitcoin is a protocol. It is not a apps, service or platforms​. Protocols becomes move slow and become standards that allow apps, service or platforms to move fast. It has been 50 years since TCP/IP protocol was adopted into Arpanet as the standard for robust communication. There is no plan to replace TCP/IP 50 years later. Instead we build layers on top of it like HTTP that is ensentially a framework to scale TCP/IP that enabled the world wide web. Bitcoin has become the standard protocol for value transfer, it has been in production for 15 years and when it comes to protocols it is. We are building on top of Bitcoin today to scale it with lightning and other protocols. There was never really any competition for Bitcoin as the value transfer protocol. The largest contention was an internal war called the blocksize war that resulted in Bitcoin prioritizing decentralization. This was a huge victory as just like TCP/IP HAS to prioritize robustness above speed to remain useful Bitcoin MUST prioritize decentralization. Many of these have been updated over time but none of them have real replacements. FTP : 53 years old​ TCP/IP : 50 years old​ UDP : 44 years old​ SMTP : 44 years old​ DNS : 41 years old​ IMAP : 38 years old​ HTTP : 33 years old​ DHCP : 31 years old​ BitTorrent : 23 years old​ Bitcoin : 15 years old​ To understand this important point you raised you will need to study the difference between apps, service or platforms​ and protocols.

Mentions:#TCP#FTP

My TCP/IP hates Trump

Mentions:#TCP

Agreed. Bitcoin is for your enemies. Bitcoin does not have any more political leaning than TCP/IP.

Mentions:#TCP

- 1973: Cerf and Kahn, "A Protocol for Packet Network Intercommunication" – TCP/IP - 1976: Whitfield Diffie and Martin Hellman, "New Directions in Cryptography" - 1978: RSA Public-key Cryptosystems - 1980: Ralph Merkle, "Protocols for public key cryptosystems" - 1981: David Chaum, "Untraceable Electronic Mail, Return Addresses, and Digital Pseudonyms" - 1982: Murray Rothbard, "The Ethics of Liberty" - 1983: David Chaum, "Blind Signatures for Untraceable Payments" - 1985: Elliptic Curve Cryptography - 1988: Timothy C. May, "The Crypto-Anarchist’s Manifesto" - 1989: David Chaum, Founded DigiCash - 1991: - Phil Zimmerman, Pretty Good Privacy – PGP - S. Haber, W.S. Stornetta, "How to time-stamp a digital document" - 1992: - Cypherpunks founded in SF by Eric Hughes, Timothy C. May and John Gilmore - Tim Berners-Lee, World Wide Web - 1993: Eric Hughes, "A Cypherpunk's Manifesto" - 1994: - Timothy C. May, "The Cyphernomicon" - CyberCash - E-gold - NSA, "How To Make a Mint" - 1997: - Adam Back, HashCash, DOS counter-measure w/ proof-of-work - Nick Szabo, "Formalizing and Securing Relationships on Public Networks" – Smart Contracts, Third part vulnerabilities - 1998: - Nick Szabo, "Securing Property Titles with Owner Authority" – Timestamped database - Wei Dai, "B-money" – decentralized database to record txs and using a type of proof-of-work - Bit Gold - 2001: - Bram Cohen, Bittorrent - Distributed Hash Tables - Video game currencies and markets (era started in 2001) - demand - 2004: Liberty Reserve - 2006: Hal Finney, "Reusable Proof-of-Work" - 2008: - Lehman Bankruptcy (Sep 15, 2008) - Satoshi Nakamoto, "Bitcoin: A Peer-to-peer Electronic Cash System" (Oct 31, 2008) - Bitcoin launched, "Chancellor on brink of second bailout for banks" (Jan 3, 2009) The timeline presents a history of technological and ideological developments that led to the creation of Bitcoin, demonstrating it as the

Mentions:#TCP#DOS
r/BitcoinSee Comment

Hopefully, at some point BTC will just be too big to ignore and people will use it, without understanding it. Just like the internet, the majority doesn't understand TCP/IP, DNS or HTTPS. Yet, it's widely used. I haven't seen surveys about BTC in the country I live but I know that many don't care much about BTC.

Mentions:#BTC#TCP

Protocol. Y'know the way TCP/IP doesn't stand for Transmission Control Puter/Internet Posse? Same thing.

Mentions:#TCP

It has nothing to do with "CREATE2" lol. These idiots have no idea what they're talking about. Its like saying "TCP" or the internet got exploited because it was just some random protocol or api call that was used.

Mentions:#TCP

he specifically talks about NON NATIONALIZED, bank-issued promissory-note-backed-by-BTC equivalents so brand X would have X-bucks, brand Y would have Y-dinarii and they would back them to varying degrees of BTC with internal policies as to how many notes are issued that cover the banks' individual asset value people (aka "The Market") would then identify which promissory notes exchange at which rate to which other promissory notes and then trade with those at the spot-rate or whatever rate is negotiated prices the banks could do this in theory today with gold but the problem is that all the gold reserves are behind lock and key and all the banks have to conform to the central bank(s) which regulate how they are allowed to operate (in the case of US Federal Reserve it's 100% fractional reserve denominated in US treasury notes) in the BTC bank world there is no government regulation the mechanisms to swap wallet to wallet on the lightning network "level" - as Hal refers to it or 'layer' as we call it - already exist basically every BTC bank will need their own network layer ... brand? so just as lightning tokens will be interchangeable on an exchange with another token-issuing network so that token-issuing network's token will be interchangeable with the lightning network - as long as they are both running their protocols on top of the Bitcoin Network Protocol ie lightning network protocol "runs on top of" BNP the same way HTTP(S) runs on top of TCP/IP the exchange market for these tokens is automatically convertible vis-a-vis BTC network facilitating settlement of all exchange contracts negotiated and enumerated in BTC value an offer to give 3 LNP tokens in exchange for 2 other network tokens at a volume of 300k can be taken by whoever is willing to sell 200k (other)NP tokens for 300k LNPs can make the sale and they will settle in BTC as soon as network validates the transaction on the blockchain then both seller and buyer go their separate ways as holders of LNP 300k and (other)NP 200k respectively, and can use those tokens on the respective networks and whatever merchants accept payments in those currencies - presumably merchant POS systems integrated with their own LNP and/or (other)NP accounts which, in turn, reflect payments the way they do right now on the lightning network the bank is then reverted to it's traditional role of holding accounts of merchants and holders safely and accurately in exchange for fees (paid in backing currency - ie BTC) in terms of other services that modern, multinational conglomerate banks offer (things like loans and investments or insurance) - institutions like credit unions, insurers and brokerage firms can perform those functions and utilize the bank account control systems network to those ends the network provider can create their own and prohibit or invite whomever is willing to do business with their network on their terms and with whatever their valuation the valuation of each token is then unregulated by gov or para-state banks - it is simply each person preferring their payment system based on price, value and value-added factors (eg like affiliated or independent credit unions offering loan terms in different network denominations - that's one obvious business case that will drive demand) driving the spot price up or down at whatever volume the systems permit based on individual network rules and constraints is something that is now open to price discovery

Mentions:#BTC#TCP
r/BitcoinSee Comment

L2 and following L3 are natural developments. It's like asking why anyone would want anything built on top of TCP/IP. It's increased functionality, near unlimited developer creativity, and expansion of the network; all at no cost to the base Bitcoin network.

Mentions:#TCP
r/BitcoinSee Comment

How is the TCP IP internet protocol still relevant today?

Mentions:#TCP
r/BitcoinSee Comment

What you maybe aren't realizing is the network effects which get put in place and becomes entrenched in place. Lyn Alden does a good job explaining this, giving examples as to why we still use TCP/IP, USB port, ethernet cable for decades now. Michael Saylor also explains why railroad tracks are the width they are (roman chariots wheelbase were the same width). The thing is, anyone which wants to "improve" on above said technologies, good luck with that. Good luck trying to get billions of people to convert to a new ethernet cable size or a much better train when the current technology can absorb the improvements into the existing ecosystem. Seeing it this way allows you to really appreciate the network effects at scale, which once implemented, is extremely difficult to change.

Mentions:#TCP
r/BitcoinSee Comment

Seems totally arbitrary. Why does it start with TCP/IP? What about digital electronics / the computer itself? Electricity? Various theorems and advances of discrete mathematics and group theory, over centuries? It's not the result of "40 years". But the same can be said for most inventions.

Mentions:#TCP
r/BitcoinSee Comment

Never going to happen. You need to understand that you don’t change the TCP/IP stack every time you build a new Internet technology!

Mentions:#TCP
r/BitcoinSee Comment

🤡 Since you mentioned the internet, that’s a good example: are you bitching that Wall Street and the banks are allowed to use the TCP/IP protocol?

Mentions:#TCP
r/BitcoinSee Comment

It’s not that easy and once you understand why, it becomes already much more grayish. I’m not saying he is, but I’m saying I went from being convinced that he and his followers are crazy people trying to derail BTC to a situation where I could IMAGINE, that he is. Some of the technical points he discusses are really fair and the comparison to TCP/IP is pretty spot on. I’m still trying to understand mining centralization is such a bad thing. Honestly, it’s much more complex than I initially believed.

Mentions:#BTC#TCP
r/CryptoCurrencySee Comment

Ford? Apple? Windows? First movers advantage is real. Not saying others can't compete, but OP has a point. Although I don't know if BCH and LTC should be in the list. BTC and ETH will be mainstays. Others will come and go, some will find footing and emerge as actual competitors. A counter argument to this is that BTC doesn't absorb innovations, but then again it is probably more like TCP/IP than it is like Google.

r/CryptoCurrencySee Comment

Mass adoption ain’t happening for no one cryptocurrency or blockchain in particular. Sorry to all the maxi pads out there. Mass adoption will be for inter-blockchain “cross chain” systems. No one chain can server the entire globe. Computers could network with each other before the Internet. The Internet is a network of networks. We need a real network of blockchains where they all speak a common protocol (TCP/IP)

Mentions:#TCP
r/BitcoinSee Comment

some new logs: `[2024-01-11T15:55:59.514Z INFO electrs::index] indexing 1 blocks: [825326..825326]` `[2024-01-11T15:56:07.208Z INFO electrs::chain] chain updated: tip=00000000000000000002162577362e346bbef5597fdb06fa6ef01761af32984c, height=825326` `[2024-01-11T15:57:51.259Z INFO electrs::index] indexing 1 blocks: [825327..825327]` `[2024-01-11T15:57:52.395Z INFO electrs::chain] chain updated: tip=00000000000000000000121bb2cfa215a1ab0ebdd5678d842d366c9a724994b5, height=825327` `[2024-01-11T16:01:28.554Z WARN electrs::server] 18: failed to shutdown TCP receiving Transport endpoint is not connected (os error 107)` `[2024-01-11T16:01:29.920Z ERROR electrs::server] 18: disconnecting due to failed to send response: "{\"id\":10,\"jsonrpc\":\"2.0\",\"result\":0.00001}\n"` `[2024-01-11T16:01:29.920Z WARN electrs::server] 18: failed to shutdown TCP connection Transport endpoint is not connected (os error 107)` `[2024-01-11T16:03:26.205Z WARN electrs::mempool] mempool sync failed: batch request failed` `[2024-01-11T16:04:46.832Z WARN electrs::mempool] mempool sync failed: batch request failed` `[2024-01-11T16:05:11.152Z WARN electrs::mempool] mempool sync failed: batch request failed` `[2024-01-11T16:06:02.110Z INFO electrs::index] indexing 1 blocks: [825328..825328]` `[2024-01-11T16:06:02.804Z INFO electrs::chain] chain updated: tip=0000000000000000000136550471e2f6c5aa5a827751b9a0d65cb4c9488406c7, height=825328`

Mentions:#TCP
r/BitcoinSee Comment

Over all these years that BTC exist, I've seen a few theories and I've always been too much out of the loop to actually have an informed opinion about this. However, I believe that person or group was incredibly smart and found purpose in challenging themselves to create something simple yet so incredibly sophisticated. Think of RSA encryption, hashing algorithms or TCP/IP. All pretty simple to verify or recreate but come up with that concept in the first place, there's where I see the magic.

Mentions:#BTC#TCP
r/BitcoinSee Comment

Read, "Internetworking With TCP/IP, 6th Edition," by Comer. Then come back, re-read your post, and realize you have no clue about what the Internet is, the basics of how it works...

Mentions:#TCP
r/BitcoinSee Comment

It's a pain in the ass to use TCP/IP alone. Luckily protocols evolve over time making it more efficient on later layers therefore we have the Internet as you know it today. [Andreas Antonopoulos: Will Bitcoin Fail to Scale?](https://youtu.be/bFOFqNKKns0?si=KwB1MZly2uYzIVof)

Mentions:#TCP
r/BitcoinSee Comment

That is because you want to read is this way. We both know what the intent of that sentence was. According to people like you, anyone who doesn’t understand all the technical details of BTC, should not save their economic energy in BTC. If that was the case, according to you, even someone like Lyn Alden shouldn’t invest in BTC, because she admittedly mentions many times that she doesn’t understand or knows all the details. Antonopoulos likened BTC to the TCP / IP protocol or the internet. Guess the percentage of people who truly understand how the internet works. Should none of them rely on it and use it in their daily lives as well? Your take is like saying: don’t use the English language unless you know the etymology of every word you are using, because otherwise you are just just sheep. The good thing is that BTC doesn’t care about your or my take. Tick tock next block. How exactly? Most people will never understand all the details and that’s ok.

Mentions:#BTC#TCP
r/BitcoinSee Comment

Wrong because the entire Internet will never be down. https://www.amazon.com/Internetworking-TCP-IP-One-6th/dp/013608530X

Mentions:#TCP
r/CryptoCurrencySee Comment

wait, you actually think the Blockstream BTC devs will increase the BTC blocksize limit after 5+ years of making up BS reasons why they can't do it, ie. "muh decentralizatuon", " muh Raspberry Pi won't work", "muh hard drives are expensive", "muh Lightning fixes everything"? You're the one who has no clue about BTC development. >ever heard of IP literally MY example of a protocol w layers on top of it that would NEVER work if it was limited to 1MB every 8 minutes 😂. OSI model is to ABSTRACT away lower level protocols, NOT for scaling. HTTP is 10x slower than raw TCP/IP. And before you even try to argue it, ATM is 100x faster than IP. So AGAIN its you that is clueless. Keep on smoking that Lightning bong.

r/BitcoinSee Comment

Hi, I’m Vetted AI Bot! I researched the **Internetworking with TCP IP Volume One** and I thought you might find the following analysis helpful. **Users liked:** * Book provides clear explanations of networking concepts (backed by 5 comments) * Book is a useful reference for networking professionals (backed by 3 comments) * Book covers technical topics in an accessible manner (backed by 3 comments) **Users disliked:** * Missing pages in the book (backed by 4 comments) * Difficult for beginners to comprehend (backed by 2 comments) * Not suitable for novice learners (backed by 1 comment) If you'd like to **summon me to ask about a product**, just make a post with its link and tag me, [like in this example.](https://www.reddit.com/r/tablets/comments/1444zdn/comment/joqd89c/) This message was generated by a (very smart) bot. If you found it helpful, let us know with an upvote and a “good bot!” reply and please feel free to provide feedback on how it can be improved. *Powered by* [*vetted.ai*](http://vetted.ai/reddit)

Mentions:#TCP
r/BitcoinSee Comment

Nobody can "turn off the Internet". https://www.amazon.com/Internetworking-TCP-IP-One-6th/dp/013608530X

Mentions:#TCP
r/BitcoinSee Comment

lol - a pump and dump scheme with no marketing team or owners group behind it. TCP/IP, Linux, Python and oxygen are probably also pump and dump schemes.

Mentions:#TCP
r/BitcoinSee Comment

Bitcoin’s base tech is inconvenient, yes. But the internet used to be really inconvenient. Nobody using the internet today knows how to use TCP/IP. Similarly, nobody in 20 years will use private keys and Bitcoin core directly. More likely you’ll be using a derivative of the lightning protocol with a UI overlay. I do expect nodes to become just as common as routers are today.

Mentions:#TCP
r/BitcoinSee Comment

This happened with the internet too. Before we had DNS(Domaine Name System). Websites were literally their IP address. Think about wallet addresses and all this stuff we work with. We are still seeing the long form version of bitcoin. We are still in the IP address phase. They will eventually come out with wallets that are probably like little black boxes. Similar to what we have now, but with a more advanced GUI that makes navigating the blockchain and your transactions stupidly easily. To the point where you don't interact with the actual bitcoin protocol anymore than you interact with TCP/IP protocol today.

Mentions:#GUI#TCP
r/CryptoCurrencySee Comment

Use (Solana) > Buy and Hold (ETH) Decentralization only matters with Bitcoin. Unstoppable money. Layer 1's are just tech and users don't care if their glorified TCP/IP is decentralized or not.

Mentions:#ETH#TCP
r/BitcoinSee Comment

This heavily depends on so many factors and tools that you are using. From a security point of view, the VPN provider can't steal your BTC, just like your ISP can't (unless you do some serious mistakes). From a privacy point of view, things are a bit more complicated. Assuming you let electrum directly connect to random public servers when you open it, your VPN provider will see your DNS queries that are related to electrum (unless you use DNS over TLS, DNS over HTTPs or DNS over Tor) and in the TCP packets, the target IP can be identified as an electrum server. However, to actually see which public BTC addresses belong to you, they'd have to run that electrum server AND the VPN service you use. That, I'd assume, is not likely. If you don't use a VPN service, the same capabilities apply to your ISP. Keep in mind that electrum can also run through a local tor proxy. So you could first fire up the VPN, connect to tor and then open electrum. From your ISP's point of view, they can just know "ah this guy is using ProtonVPN/whatever" based on the target IP you connect to. Your VPN provider then knows where you are initially located and that you use tor (also based on target IP). The Tor exit node will then know you connect to electrum, while "you" in that case is pretty random by now, having gone through all these steps. tl;dr: Keep your keys safe and no one can steal your coins. Can someone match you with your BTC address? Technically possible but requires providers to run both your service and the electrum server.

Mentions:#BTC#ISP#TCP
r/BitcoinSee Comment

That will all take place on higher layer protocols such as BitVM. When was the last time TCP/IP changed?

Mentions:#TCP
r/BitcoinSee Comment

> We're talking about technology, things change But base layer protocols stay the same. There's a reason we're still using TCP/IP after 50 years. I believe the Bitcoin network will serve as a similar base layer protocol.

Mentions:#TCP
r/BitcoinSee Comment

Well said. I like to look at Bitcoin as digital real estate, think it was Saylor I heard make that comparison for the first time. I remember being mindblown listening to the breakdown of why as he explained how Bitcoin is akin to digital real estate. Institutions and banks in the future will be competing for your business, your Bitcoin, your block of digital Manhattan in cyberspace New York so they can build services on top of it while you become fabulously wealthy. Its like owning a piece of TCP/IP protocol, then having things like HTTP, TLS, SSL, World Wide Web come along that were later built in layers on top of that foundation and eventually the internet as we know and use now. The Bitcoin Network is the TCP/IP and the backbone of this new digital cyberspace (Layer 1), then you have things like the Lightning Network that functions as an abstracted, private, peer-to-peer payments protocol that sits on top, and is lightning fast with minimal fees (Layer 2), think of it as HTTP to TCP/IP. We have no idea what the "Internet" of Bitcoin will be, but it is an exciting time to own Bitcoin. ​ also Michael Saylor is a fucking genius and will likely go down in history as the smartest investor and richest man alive. I wish I could’ve taken out $2.2B in loans at 1.6% blended interest with no payments due till 2024 and final repayment in 2028.

Mentions:#TCP
r/CryptoCurrencySee Comment

Who cares? L1s are just a glorified TCP/IP.

Mentions:#TCP
r/CryptoCurrencySee Comment

What user cares about decentralization of a layer 1? Decentralization matters to Bitcoin because it is unstoppable money. A layer 1 is just a utility like TCP/IP. Who cares if it is decentralized?

Mentions:#TCP
r/BitcoinSee Comment

Start by reading "Internetworking with TCP/IP Volume One, 6th Edition," by Comer. Learn what the Internet actually is. Learn the basics of how the Internet works. After that, ponder just how unrealistic your question really is.

Mentions:#TCP
r/BitcoinSee Comment

"7 transactions a second is awful" is like saying "TCP/IP is awful because it does not support JPG".

Mentions:#TCP
r/BitcoinSee Comment

Layered solutions, just like TCP/IP.

Mentions:#TCP
r/BitcoinSee Comment

Internals of TCP/IP/etc are not common knowledge, but there are no problems with the widespread of internet.

Mentions:#TCP
r/BitcoinSee Comment

TCP/IP is the protocol layer one of the internet and layers will be built on top

Mentions:#TCP
r/BitcoinSee Comment

Start by reading "Internetworking with TCP/IP Volume One, 6th Edition," by Comer. Learn what the Internet actually is. Learn the basics of how the Internet works. After that, ponder just how unrealistic your question really is.

Mentions:#TCP
r/BitcoinSee Comment

Start by reading "Internetworking with TCP/IP Volume One, 6th Edition," by Comer. Learn what the Internet actually is, and the basics of how it works.

Mentions:#TCP
r/BitcoinSee Comment

think it was Saylor I heard make that comparison for the first time. I remember being mindblown listening to the breakdown of why as he explained how Bitcoin is akin to digital real estate. Institutions and banks in the future will be competing for your business, your Bitcoin, your block of digital Manhattan in cyberspace New York so they can build services on top of it while you become fabulously wealthy. Its like owning a piece of TCP/IP protocol, then having things like HTTP/HTTPS, TLS, SSL, World Wide Web come along that were later built in layers top of that foundation and eventually the internet as we know and use now. The Bitcoin Network is the TCP/IP and the backbone of this new digital cyberspace (Layer 1), then you have things like the Lightning Network functions as an abstracted, private, peer-to-peer payments protocol, and is also lightning fast with minimal fees (Layer 2), think of it as HTTP to TCP/IP. We have no idea what the "Internet" of Bitcoin will be, but its an exciting time to own Bitcoin.

Mentions:#TCP
r/BitcoinSee Comment

Yes. I think it's debatable as to the manner in which the internet is innovative. I think the idea of the internet was mostly to sell a kind of "brave new world" to the public when libraries, post offices, etc. became obsolete. Before that, the technology had real, solid uses when it was closed source (military applications developed by DARPA). People reckon the WWW was a big deal, and it kind of was, but it didn't really have much value. You can't get decent information on most things, using the web. Old-school textbooks and manuals and encyclopedias are still the source for real information on nearly everything which isn't computer-related. Meanwhile the rest of the web settled into pissing about on social media and/or buying consumer crap. The internet is TCP/IP - a set of handshakes for transmitting and receiving, using a distributed network. But intranets had been around for a lot longer than the internet. Netware did a popular one for businesses IIRC. Email was probably the most important advancement caused by the internet, but even the advent of email was more like the advent of telegrams causing the redundancy of pigeons. After introducing the internet to bums (i.e. the dotcom boom) you still need doctors, lawyers, software engineers, accountants, painters, decorators, plumbers, etc. It's still basically the same world as before - just a couple of bits streamlined. Like making efficiency modifications to a clock or a car engine. Bitcoin is definitely much bigger than the internet. Doesn't require the internet. https://blockstream.com/satellite/

Mentions:#TCP
r/CryptoCurrencySee Comment

I compare CCIP to TCP/IP protocol and I hope this could be a big thing for RWA tokenised world.

Mentions:#TCP
r/BitcoinSee Comment

Next question. Is TCP/IP libertarian or anarchist?

Mentions:#TCP
r/CryptoCurrencySee Comment

BSV on one level never improves or changes in any way, b/c it's a stable protocol-- like, the internet is based on TCP/IP, & that base protocol just stays the same, w/e website you go to your computer finds out the IP address for that website & uses that to communicate, & so we develop new websites that are better in various ways all built on the basis of a shared simple protocol,,,, BSV *itself*, the protocol, is like that, it's uh, precisely the same as when it was invented, b/c it's general purpose already so it hasn't needed any changes then b/c the protocol is fixed, people can build stuff on top of it that does stuff, & *that* stuff can be way better b/c the protocol is established,,, like you can make a dedicated industrial quality program to process BSV transactions, & you can be sure exactly what the rules are, so you can optimize for exactly that case, which is what they've been doing & why the latest version of the "Teranode" software has been tested to be able to do 1.5 million tx/sec on a sustained basis since it's a free open system that's clearly defined, anyone can invent any protocol they want to go on top of that base protocol, & that's where there's lots of innovation--- so the base protocol BSV has stayed the same, but there's a recent protocol "ordinals" that's been popular that's about making individual satoshi special to associate them w/ pictures & other data, so then on the basis of that protocol that's based on the BSV protocol people are starting to write scripts about automated trading of ordinals, b/c you can b/c you can program w/e you want ,, or for another example a very popular script lately is a script that publicly locks some coins for a period of time w/ an associated message, to call attention to it, not my thing especially but a bunch of people have been into that script lately & having fun watching what messages have how many coins locked to them for how long so it's like, what makes the internet better technologically than prodigy or compuserv?? it's not so much that it's better or that it's improving but just that it's open, it's a basic stable base on which you can start to do stuff, & then it ends up way more interesting & more advanced technologically in a zillion ways just b/c then there's a bunch of people there doing stuff

Mentions:#BSV#TCP
r/CryptoCurrencySee Comment

Bitcoin is more than just a network. Bitcoin is the money. ETH is a glorified TCP/IP. A very expensive TCP/IP.

Mentions:#ETH#TCP
r/CryptoCurrencySee Comment

Bitcoin's "utility" is to preserve wealth from monetary debasement. ETH has no example of utility. ETH is a layer 1. The purpose of a layer 1 is to act as the TCP/IP for crypto. Currently there is not 1 application that the public needs or uses on ETH. If ETH goes away tomorrow, no one will care. ETH does not even have 1 application running on it that anybody uses on a consistent basis and ETH has an infinite supply unless idiots are paying outrageous gas fees to make it "deflationary". Bitcoin is the hard asset that saves us from governments. Bitcoin will be the money.

Mentions:#ETH#TCP
r/CryptoCurrencySee Comment

SBF is gone. That will never happen again, especially with Fire-dancer coming soon. Layer 1’s are just TCP/IP of crypto. End users will not care what they use but they will certainly not use ETH.

Mentions:#TCP#ETH
r/CryptoCurrencySee Comment

TCP/IP is old tech!

Mentions:#TCP
r/BitcoinSee Comment

TCP/IP is not Internet, it's a protocol, layer 4 is not internet, SSL/https is not internet but a secure protocol. But all of it together make it optimal method if information transfer. Bitcoin stores the value. Add-ons help optimize it. Similarly with casr, 4 wheels, motor, fuel, seats make up a car...

Mentions:#TCP
r/CryptoCurrencySee Comment

>but redundant securities like XRP XRP is not a security. >pre-mined to get wealthy Satoshi still holds enough Bitcoin to really harm the market if he/she/they decided to dump. >coins that all claim to do things better than TCP/IP have a finite timeline in the space. XRP isn't focused on being "better than Bitcoin", it's simply focused on fast, decentralized, low-fee payments.

Mentions:#XRP#TCP
r/CryptoCurrencySee Comment

You say this as if Bitcoin didn't solve the double spend without a 3rd party, actual decentralization of a monetary network, irrevocable possession of an asset for the first time in history, impenetrable and incorruptible security of transaction, creating entirely entire peer-to-peer economies (especially in 3rd world countries, incentivizing efficient energy production.... none of that. I'm sure you'll still make gains holding XRP in this bull run, but redundant securities like XRP and the 25,000 others that all claim to do things better than TCP/IP have a finite timeline in the space.

Mentions:#XRP#TCP
r/BitcoinSee Comment

>Bitcoin is a store of value. Have you ever wondered why the Mona Lisa is valued in millions of dollars? It's not just about its beauty; it's because Leonardo da Vinci is no longer alive to create another. A fixed supply is the key to storing value. Bitcoin, like the Mona Lisa, is even better because it's divisible, highly portable, and easily securable. This is a fine thought, and actually quite an advanced understanding of digital scarcity. > Bitcoin is also a store of energy. Consider the wealth of Middle Eastern countries with oil reserves; oil stores energy and is transportable. While some nations have vast energy reserves, not all forms are easily transportable. Bitcoin mining, however, solves this issue. For instance, El Salvador mines Bitcoin using geothermal power, making the energy transportable within minutes worldwide. This is where I disagree. You can't "get back" the energy you consumed mining Bitcoin, so it is a rather bad store of energy. It can be a proxy of energy consumption, assuming someone will be willing to pay you for that spent energy down the road. >Moreover, Bitcoin is anti-war. Major wars often lead to high inflation because governments can't fund wars with sound money due to its fixed supply. While human conflicts may persist, a Bitcoin-based economy can help prevent the escalation of wars. Sure? But houses are also anti-war, because they react to inflation as well and governments can't fund wars while making housing less affordable too. They can, and they will for Bitcoin. It will just be "one more devaluation, promise!" ​ >Bitcoin is impartial and resistant to control. Unlike political currencies controlled by governments and influential individuals, Bitcoin adheres strictly to its core principles, regardless of the amount owned by any individual. Agreed, spot-on points. I like to think of Bitcoin as "the most neutral asset we've ever had" >In a Bitcoin economy, there's no need for wealth managers, banks, or employees handling money. With Bitcoin, you work, store, and spend—eliminating the need for excessive human involvement in preserving wealth. This is just wrong. There will always be people to facilitate things. Just look at the internet via TCP/IP, two essential open protocols. They still need people to manage, build, fix, adjust, and override things constantly. >Furthermore, Bitcoin promotes innovation. In a world dominated by sound money, people focus on essential needs rather than flashy items. Earning Bitcoin requires innovation and creating genuine value through products, driving continuous progress. Agreed! And it being open source and heavily decentralized is what makes it awesome :)

Mentions:#TCP
r/CryptoCurrencySee Comment

A centralized entity created XRP for the purpose of profiting as a business. That's all I need to know to stay away from something in this space. That holds no value to me. I used to be very pro-ADA and I look back on how lost I was years ago. Payments don't need to be solved. its like trying to come out with another protocol after TCP/IP was already established. Bitcoin is already TCP/IP.

Mentions:#XRP#ADA#TCP
r/CryptoCurrencySee Comment

Cardano is not some kind of rebel army and wants to promote business but that doesn't mean you have you to discriminate users and honesty, reasonability, goes a long way. Look at its chain governance ideas for example. What you don't want is < 1% of people deciding the faith of, for example, Bitcoin or Ethereums entire ecosystem. But equal participation in what is relevant. For the same reason you don't implement one party that gets to "MEV" and packet-intrude or reshape TCP/IP or UDP. Or telling planet earth how and what the internet should be used for. It's a different philosophy.

Mentions:#MEV#TCP
r/BitcoinSee Comment

BTC is already TCP/IP Has been since the beginning. Also, Bitcoin was absolutely not the first crypto. Not sure why people love to say that.

Mentions:#BTC#TCP
r/CryptoCurrencySee Comment

Old, new, slow, fast.. call it whatever you want. Bitcoin is the TCP/IP of the protocol wars. Bitcoin has already won, so it's almost funny at this point to hear the old, moot arguments against it.

Mentions:#TCP