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Title: BSV holders are losing funds Post by: hridoyb on November 10, 2020, 04:56:11 AM Bitcoin Sv(BSV) forked from Bitcoin cash now anyone creates a faster payment-focused blockchain required getting some bitcoin key technical feature.But Bitcoin uses P2SH for multisig and not P2PKH because the letter is not ideal for the multi-signature transaction. As a result, it's totally insecure and holder are losing there a fund for using this.https://twitter.com/ElectrumSV/status/1325517233775280128
Title: Re: BSV holders are losing funds Post by: ololajulo on November 10, 2020, 05:11:29 AM My opinion on all bitcoin fork coin has never been optimistic irrespective of team, community behind and development attached. They have struggled so hard, they usually fail to realize that the coins are in the circus of the altcoin and will need all forms of promotion to attain the adoption and acceptability again. BSV might have had the last pump without bitcoin itself in the early part of the year with Craig wright news. It is difficult to purchase BSV with no other development
Title: Re: BSV holders are losing funds Post by: Jawhead999 on November 10, 2020, 06:49:13 AM How come you can trust your money with BSV shitcoin :D
A clear plagiarizer [1] and scammer [2] must not be trusted. And also remember BCH or other Bitcoin fork coin should be avoided as well. [1] https://bitcointalk.org/index.php?topic=5246331.0 [2] https://bitcointalk.org/index.php?topic=5149062.0 Title: Re: BSV holders are losing funds Post by: btc_angela on November 10, 2020, 07:13:05 AM Well it was reported that the user itself change something:
Quote A user has reported losing a lot of BSV because they changed the script type of their multi-signature wallet to “accumulator multi-signature”. Please stick with the default script types for all of your wallets unless you are willing to accept the risk. https://roger-taylor.medium.com/dont-use-electrumsv-s-broken-accumulator-multi-signature-fa15147dbfa4 So the fault is in the user, maybe he thinks he knows what he is doing resulting to lost of his funds. Another expensive lessons to learn in crypto sphere. Anyways, BSV never got the support from this community either, so another reason why we should stay away from them. |