Bitcoin Forum
September 19, 2021, 12:11:13 AM *
News: Latest Bitcoin Core release: 22.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 [862] 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 ... 935 »
  Print  
Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 695792 times)
john1010
Hero Member
*****
Offline Offline

Activity: 1764
Merit: 555


View Profile
November 23, 2018, 07:01:49 AM
 #17221

Some speculation that I've been red that the cause of present btc price is the effect of BCH hard fork, but when i saw some of the comments here, it makes me think that in the world of crypto few people is manipulating the price and cause to lost of small traders.
1632010273
Hero Member
*
Offline Offline

Posts: 1632010273

View Profile Personal Message (Offline)

Ignore
1632010273
Reply with quote  #2

1632010273
Report to moderator
1632010273
Hero Member
*
Offline Offline

Posts: 1632010273

View Profile Personal Message (Offline)

Ignore
1632010273
Reply with quote  #2

1632010273
Report to moderator
1632010273
Hero Member
*
Offline Offline

Posts: 1632010273

View Profile Personal Message (Offline)

Ignore
1632010273
Reply with quote  #2

1632010273
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1632010273
Hero Member
*
Offline Offline

Posts: 1632010273

View Profile Personal Message (Offline)

Ignore
1632010273
Reply with quote  #2

1632010273
Report to moderator
aprilnot
Full Member
***
Offline Offline

Activity: 1008
Merit: 101

Decentralized GameFi Application Based on BSC


View Profile
November 23, 2018, 07:13:13 AM
 #17222

LOLOLOLOL, ABC just added "deep reorg protection", probably in order to prevent potential SV attacks, but this instead makes it much easier to attack. This is the kind of naïve idea that you think of when you're first learning about Bitcoin; I've heard it suggested dozens of times since 2010. The geniuses behind BCH continue to astound.


The crypto space is influenced by bunch of rich self-centered lunatics who are pursuing their own agendas and perform outrageous hash wars in order to prove who's toy is bigger. This has nothing to do with Satoshi's vision about Bitcoin. The good news is these morons will be sooner or later broke and won't affect the market when the price levels really matter.

yes maybe you're right, but before they run out of money. the crypto market will continue to be affected by this war. I hope they immediately go from crypto to their attitude, making crypto worthless
what is happening
Jr. Member
*
Offline Offline

Activity: 186
Merit: 1


View Profile
November 23, 2018, 11:39:33 AM
 #17223

BSV is happening
#
Bowtiesarecool
Sr. Member
****
Offline Offline

Activity: 1050
Merit: 294


View Profile
November 23, 2018, 11:59:44 AM
 #17224

LOLOLOLOL, ABC just added "deep reorg protection", probably in order to prevent potential SV attacks, but this instead makes it much easier to attack. This is the kind of naïve idea that you think of when you're first learning about Bitcoin; I've heard it suggested dozens of times since 2010. The geniuses behind BCH continue to astound.


The crypto space is influenced by bunch of rich self-centered lunatics who are pursuing their own agendas and perform outrageous hash wars in order to prove who's toy is bigger. This has nothing to do with Satoshi's vision about Bitcoin. The good news is these morons will be sooner or later broke and won't affect the market when the price levels really matter.

yes maybe you're right, but before they run out of money. the crypto market will continue to be affected by this war. I hope they immediately go from crypto to their attitude, making crypto worthless
Before they run out of money would be great too to shake out the dumb hands that came scampering into the industry for moons and lambos. Get rekt and get out or get rekt and get fundamental right
nutildah
Legendary
*
Offline Offline

Activity: 2240
Merit: 5116


Honey badger still don't care.


View Profile
November 23, 2018, 12:08:25 PM
 #17225






.
.




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
presduterte
Member
**
Offline Offline

Activity: 222
Merit: 58

They call me Rad Rody.


View Profile
November 23, 2018, 01:08:05 PM
Merited by nutildah (1)
 #17226

BSV is happening
#

Dude. Who gives a flying fuck if BSV gets 1,000 blocks ahead of ABC? It will simply be a less valuable, less used altcoin that has a needlessly high hash rate and is 7-8 spots lower in the market cap rankings than BCH. It's not like the exchanges and everyone else is gonna back-peddle and say "Oh shit, we messed up. Guess BSV is BCH after all." That's not how it works.

LaScuderia
Full Member
***
Offline Offline

Activity: 588
Merit: 100


View Profile
November 23, 2018, 01:22:47 PM
 #17227



Everyone knows that all Bitcoin forks belong to pools and a small number of managers. Fairy tales about what decentralization is necessary for children and journalists to talk. After all, we know how everything works and it is sad. And like the local wars throughout the market hit their missiles.
sirsplashalot
Full Member
***
Offline Offline

Activity: 521
Merit: 123



View Profile
November 23, 2018, 01:33:13 PM
 #17228



Bitcoin is capitalism. The individual or company that use the most resources gets the highest reward. Because one company is currently using more resources than all other individuals and companies, that does not make make Bitcoin centralized, that makes that company the hardest working.

Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
nutildah
Legendary
*
Offline Offline

Activity: 2240
Merit: 5116


Honey badger still don't care.


View Profile
November 23, 2018, 01:38:59 PM
 #17229

Bitcoin is capitalism. The individual or company that use the most resources gets the highest reward. Because one company is currently using more resources than all other individuals and companies, that does not make make Bitcoin centralized, that makes that company the hardest working.

You mean "than all the other individuals and companies combined," and that is certainly what centralization is.

Besides, we're not talking about bitcoin, we're talking about Bitcoin SV. CSW was just dumb to claim that ABC was centralized when his coin is even moreso. Bad, bad argument. He's been reaching for straws since the beginning but now he is reaching for... pine needles.

Coingeek currently up to 70%.





.
.




░██████████████████░
████████████████████
█████████▀░░░███████
█████████░░▄████████
███████▀▀░░▀▀███████
███████▄▄░░▄▄███████
█████████░░█████████

█████████░░█████████

█████████▄▄█████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████▀▀▀█▀███
███░▀█████▀░░░░░▀███
███▌░░░▀▀▀░░░░░░████
████▄░░░░░░░░░░░████
█████▀░░░░░░░░░█████

██████▄░░░░░▄▄██████

█████▄▄▄▄███████████

████████████████████

░██████████████████░
░██████████████████░
████████████████████
████████████████████
███████████▀▀░░▐████
███████▀▀░░░░░█████
████▀░░░▄█▀░░░▐█████
█████▄▄█▀░░░░░██████

███████▌▄▄▄▐██████

████████████████████

████████████████████

░██████████████████░
sirsplashalot
Full Member
***
Offline Offline

Activity: 521
Merit: 123



View Profile
November 23, 2018, 01:50:38 PM
 #17230

Bitcoin is capitalism. The individual or company that use the most resources gets the highest reward. Because one company is currently using more resources than all other individuals and companies, that does not make make Bitcoin centralized, that makes that company the hardest working.

You mean "than all the other individuals and companies combined," and that is certainly what centralization is.

Besides, we're not talking about bitcoin, we're talking about Bitcoin SV. CSW was just dumb to claim that ABC was centralized when his coin is even moreso. Bad, bad argument. He's been reaching for straws since the beginning but now he is reaching for... pine needles.

Coingeek currently up to 70%.


the cen·tral·i·zation
/sentrələˈzāSH(ə)n/Submit
noun
the concentration of control of an activity or organization under a single authority of an activity or organization under a single authority

The concentration of control isn’t under a single authority as any individual or company can become that ‘single authority’ if they simply work harder then that ‘single authority.’

Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
sirsplashalot
Full Member
***
Offline Offline

Activity: 521
Merit: 123



View Profile
November 23, 2018, 01:55:31 PM
 #17231

BSV is happening
#

Dude. Who gives a flying fuck if BSV gets 1,000 blocks ahead of ABC? It will simply be a less valuable, less used altcoin that has a needlessly high hash rate and is 7-8 spots lower in the market cap rankings than BCH. It's not like the exchanges and everyone else is gonna back-peddle and say "Oh shit, we messed up. Guess BSV is BCH after all." That's not how it works.



That’s definitely not how it works. PoW is much stronger then ‘proof of exchange ownership ego’

Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
European Central Bank
Legendary
*
Offline Offline

Activity: 1288
Merit: 1087



View Profile
November 23, 2018, 02:07:29 PM
 #17232



https://twitter.com/CalvinAyre/status/1065876603165687810

https://www.reddit.com/r/btc/comments/9zmq3x/increasingly_desperate_calvin_ayre_schooled_by/?sort=confidence

i guess things are winding down a little though note the infantile insistence that ABC do the replay protection. i would've thought it was polite for the chain no one wants or uses to fork again to implement it.

so now we'll have another bitcoin, but one vastly less credible than BCH or bitcoin gold or bitcore or all the other ones. SV will soon be worth less than the obscurest shitforks.
Icutgrass205
Jr. Member
*
Offline Offline

Activity: 98
Merit: 4

Bitcoin is today what the internet was decades ago


View Profile
November 23, 2018, 04:21:27 PM
 #17233

Can someone point to where it says bitcoin was supposed to be decentralized in the white paper?

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
Crypitol
Jr. Member
*
Offline Offline

Activity: 106
Merit: 1


View Profile
November 23, 2018, 04:31:02 PM
 #17234

Can someone point to where it says bitcoin was supposed to be decentralized in the white paper?

Everywhere, but the first is in it's opening argument abstract. Digital signatures provide part of the solution, but the main
benefits are lost if a trusted third party is still required
to prevent double-spending

The revocation of a trusted third or central party is the definition of decentralization.
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1823



View Profile
November 23, 2018, 04:41:26 PM
Merited by Lind (1)
 #17235

Can someone point to where it says bitcoin was supposed to be decentralized in the white paper?

    It doesn't. It just states that it is p2p electronic cash. However, it is much better to have many entities mining rather than fewer entities mining. More entities mining helps ensure that the mining nodes are competing rather than colluding. If you make the barrier for entry too high, you end up with an oligarchy that have a good likelihood of entering into a cartel. (Although it is abundantly clear in BCH case that the two big mining alliances in BCH are actually competing. However, it has resulted in a split, and now each chain is mostly being support by one alliance. I wouldn't go so far as state that it is a "cartel" but it is obvious that both the BCHABC chain is now run by Bitmain and it's allies and BCHSV is now run by nChain and it's allies.)
   Also, in order to be true p2p electronic cash, it would be nice if most people have the option of performing an independent audit of what the miners are actually doing, by running a full node. Although a proper SPV wallet can assure that at least your transactions are valid, it would be nice to be assured that the miners are not colluding and pulling some dubious shit. If you make it prohibitively expensive for anyone to be able to conduct their own audit, we all have to rely on the fiscally capable to keep tabs on the miners. How is that really any better of an alternative than just using banks which are controlled by a central bank of the government?
HelgaJ
Member
**
Offline Offline

Activity: 406
Merit: 10


View Profile
November 23, 2018, 07:54:15 PM
 #17236

At the moment, the price of this coin has gone down very much, but I believe that this project will remain one of the most powerful and promising.

Icutgrass205
Jr. Member
*
Offline Offline

Activity: 98
Merit: 4

Bitcoin is today what the internet was decades ago


View Profile
November 23, 2018, 07:58:04 PM
 #17237

Can someone point to where it says bitcoin was supposed to be decentralized in the white paper?

    It doesn't. It just states that it is p2p electronic cash. However, it is much better to have many entities mining rather than fewer entities mining. More entities mining helps ensure that the mining nodes are competing rather than colluding. If you make the barrier for entry too high, you end up with an oligarchy that have a good likelihood of entering into a cartel. (Although it is abundantly clear in BCH case that the two big mining alliances in BCH are actually competing. However, it has resulted in a split, and now each chain is mostly being support by one alliance. I wouldn't go so far as state that it is a "cartel" but it is obvious that both the BCHABC chain is now run by Bitmain and it's allies and BCHSV is now run by nChain and it's allies.)
   Also, in order to be true p2p electronic cash, it would be nice if most people have the option of performing an independent audit of what the miners are actually doing, by running a full node. Although a proper SPV wallet can assure that at least your transactions are valid, it would be nice to be assured that the miners are not colluding and pulling some dubious shit. If you make it prohibitively expensive for anyone to be able to conduct their own audit, we all have to rely on the fiscally capable to keep tabs on the miners. How is that really any better of an alternative than just using banks which are controlled by a central bank of the government?

But it seems that temporary centralization of the mining nodes on SV is what is needed to push the global adoption for p2p electronic cash. SV wants to lock down the protocol, SV wants big business and enterprise level use of bitcoin. ABC does not want any of these things, hence the implementation of DSV which effectively makes bitcoin illegal.

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1823



View Profile
November 23, 2018, 08:11:17 PM
 #17238

Can someone point to where it says bitcoin was supposed to be decentralized in the white paper?

    It doesn't. It just states that it is p2p electronic cash. However, it is much better to have many entities mining rather than fewer entities mining. More entities mining helps ensure that the mining nodes are competing rather than colluding. If you make the barrier for entry too high, you end up with an oligarchy that have a good likelihood of entering into a cartel. (Although it is abundantly clear in BCH case that the two big mining alliances in BCH are actually competing. However, it has resulted in a split, and now each chain is mostly being support by one alliance. I wouldn't go so far as state that it is a "cartel" but it is obvious that both the BCHABC chain is now run by Bitmain and it's allies and BCHSV is now run by nChain and it's allies.)
   Also, in order to be true p2p electronic cash, it would be nice if most people have the option of performing an independent audit of what the miners are actually doing, by running a full node. Although a proper SPV wallet can assure that at least your transactions are valid, it would be nice to be assured that the miners are not colluding and pulling some dubious shit. If you make it prohibitively expensive for anyone to be able to conduct their own audit, we all have to rely on the fiscally capable to keep tabs on the miners. How is that really any better of an alternative than just using banks which are controlled by a central bank of the government?

But it seems that temporary centralization of the mining nodes on SV is what is needed to push the global adoption for p2p electronic cash. SV wants to lock down the protocol, SV wants big business and enterprise level use of bitcoin. ABC does not want any of these things, hence the implementation of DSV which effectively makes bitcoin illegal.

     My concern with SV is it is obvious that if anyone comes along and has competing ideas, Dr Wright will just threaten to ruin and orphan them. How is that encouraging free and open competition? Agree with us or else?
However, if I really had any skin in BCH, which I don't, I would prefer SV over ABC. Bitmain is the absolute worst. Anything that counters them is welcome.
what is happening
Jr. Member
*
Offline Offline

Activity: 186
Merit: 1


View Profile
November 23, 2018, 09:30:56 PM
 #17239

buying BSV dip like crazy
bones261
Legendary
*
Offline Offline

Activity: 1806
Merit: 1823



View Profile
November 23, 2018, 09:40:37 PM
 #17240

buying BSV dip like crazy

   You realize Dr Wright doesn't respect people sitting in their pajamas and daytrading. To show your support, get a non-Bitmain Asic and start mining. (Or build platforms that actually give SV use cases.)
Pages: « 1 ... 812 813 814 815 816 817 818 819 820 821 822 823 824 825 826 827 828 829 830 831 832 833 834 835 836 837 838 839 840 841 842 843 844 845 846 847 848 849 850 851 852 853 854 855 856 857 858 859 860 861 [862] 863 864 865 866 867 868 869 870 871 872 873 874 875 876 877 878 879 880 881 882 883 884 885 886 887 888 889 890 891 892 893 894 895 896 897 898 899 900 901 902 903 904 905 906 907 908 909 910 911 912 ... 935 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!