ðºÞæ
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May 06, 2019, 11:38:55 AM |
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What are the predictions for this shitcoin? When people realize that BSV bullshit and it will cost $ 0? I feel sorry for the investors who bought it because of advertising or by mistake ...
Careful he may come and bite you ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4RKKjYG%2FUntitled.png&t=665&c=abcWzit1t7819A)
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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vapourminer
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what is this "brake pedal" you speak of?
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May 06, 2019, 11:51:33 AM |
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Careful he may come and bite you ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4RKKjYG%2FUntitled.png&t=665&c=abcWzit1t7819A) so just what does this bsv logo represent?
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ðºÞæ
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May 06, 2019, 12:11:06 PM Last edit: May 06, 2019, 12:59:03 PM by ðºÞæ |
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Careful he may come and bite you ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4RKKjYG%2FUntitled.png&t=665&c=abcWzit1t7819A) so just what does this bsv logo represent? Apparently some kind of Dragon (from Chinese Zodic) https://duckduckgo.com/?q=chinese+zodiac+dragon&t=canonical&atb=v1-1&iax=images&ia=images ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FhmMmwKV%2FUntitled-2.png&t=665&c=nIL7hs3bjKORsg) Chinese Zodiac Dragon
Occupying the 5th position in the Chinese Zodiac, the Dragon is the mightiest of the signs. Dragons symbolize such character traits as dominance and ambition. Dragons prefer to live by their own rules and if left on their own, are usually successful. They’re driven, unafraid of challenges, and willing to take risks. They’re passionate in all they do and they do things in grand fashion. Unfortunately, this passion and enthusiasm can leave Dragons feeling exhausted and interestingly, unfulfilled.
While Dragons frequently help others, rarely will they ask for help. Others are attracted to Dragons, especially their colorful personalities, but deep down, Dragons prefer to be alone. Perhaps that is because they’re most successful when working alone. Their preference to be alone can come across as arrogance or conceitedness, but these qualities aren’t applicable. Dragons have tempers that can flare fast!
Health Considering their hard-working nature, Dragons are healthy overall. They do get stressed and suffer from periodic tension/headaches, likely because they take so many risks. Dragons could benefit from incorporating mild activity into their lives. Yoga or walking would be good as these activities can work both their minds and their bodies.
Career Dragons prefer leading to being led. Jobs that allow them to express their creativity are good choices. Some good careers include: inventor, manager, computer analyst, lawyer, engineer, architect, broker, and sales person.
Relationships Dragons will give into love, but won’t give up their independence. Because they have quick, sometimes vengeful tempers, their partners need to be tough-skinned. Dragons enjoy others who are intriguing, and when they find the right partners, they’ll usually commit to that person for life.
Dragons and the 5 elements Metal Dragons – Years 1940 and 2000 Metal strengthens this already strong sign. Metal Dragons are more determined and they’ll fight for what they believe in. They enjoy the company of those who feel mighty enough to challenge their beliefs. They’re true leaders and usually find plenty of others willing to follow.
Water Dragons – Years 1952 and 2012 Water calms the Dragon’s fire. Water Dragons are able to see things from other points of view. They don’t have the need to always be right. Their decisions, if well-researched, are usually better since they allow other’s to become involved.
Wood Dragons – 1904 and 1964 Wood Dragons also are willing to entertain the opinions of others. Their artistic side is strong, and Wood Dragons enjoy being creative and innovative. They get along with others, but will always be the dominating force.
Fire Dragons – 1916 and 1976 A Fire Dragon’s emotions can flare instantly. Fire Dragons put themselves on pedestals, and because they react quickly and recklessly, they sometimes make wrong decisions. Fire Dragons need to slow down and keep their tempers in check as that’s when they’re best.
Earth Dragons – Years 1928 and 1988 More rooted in the ground, Earth Dragons make better decisions because they act more rationally. Earth Dragons are level-headed and able to control their behaviors. They’re more supportive of others, but they prefer being admired by others.
Compatibility Dragons are compatible with the Monkey or Rat and incompatible with the Ox and Goat.
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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alevlaslo
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May 06, 2019, 02:07:11 PM |
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Sale the first NFT of the first foto
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Cryptcodin
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May 06, 2019, 02:24:35 PM |
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"I can't code"
"I can't market"
"they won't let me code"
yup that's your guy.
My man xD
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Stake Your Coins, While You Trade:
JOIN HERE: http://bit.ly/Stakebase
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hv_
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Clean Code and Scale
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May 06, 2019, 03:18:08 PM Last edit: May 07, 2019, 06:05:56 AM by hv_ |
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So many hope that bear markets would end soon for btc BSV not affected ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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alevlaslo
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May 06, 2019, 06:33:59 PM |
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$4000 at nov 2020 and $160000 at aug 2023 until the end of 2020 there is nothing to do in BTC, you need to buy BSV ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.tradingview.com%2Fx%2Fe8KGo9Bh%2F&t=665&c=OTWQvO_zazkU0A)
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Sale the first NFT of the first foto
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jamespastagueule
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May 07, 2019, 10:46:42 AM |
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It is already the international banking system against Bitcoin, shadow decision-makers and other international consensus already trying to "drown the legitimate capitalization by the mass of the other 5000 other shitcoin projects" by diluting it with lots of copied altcoin. These decision-makers will certainly not immediately allow PoW to "get crushed" by PoW...
Imagine the number of jobs linked to the current economic system but this one needs to evolve drastically in concrete terms Visa and MC they are "in the cart with a slave who pulls air conditioning and sodium lamp as an option" while BSV is at the "teleporter and led". This system needs a transition, but the weakness of PoW is 51% unless all resources go to PoW exploitation or then another advantage of the against 51% is the reversal to cancel so there are countermeasures.
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jamespastagueule
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May 07, 2019, 10:50:27 AM |
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If Libra is capitalized "this $1 security token" to the tune of 1 billion then...... imagine with 2 or 3 billion it will be easy for a "decided investor or group" who has the "superior" financial means to sink "the stability of the security token" by "an exercise manipulation". Facebook and its economic plan are already obsolete because they are based on the "old system"... It should also be noted that there is a huge amount of profiles that are fake on Facebook but that count towards the number of users. In addition, Visa and Mastercard are already obsolete and have an excessive maintenance cost. Let's take Bitcoin BSV as an example, with its block size, which allows a larger number of blocks to be transferred than Visa and Mastercard at a much lower, faster, forgery-proof and decentralized cost.
It is already the international banking system against Bitcoin, shadow decision-makers and other international consensus already trying to "drown the legitimate capitalization by the mass of the other 5000 other shitcoin projects" by diluting it with lots of copied altcoin. These decision-makers will certainly not immediately allow PoW to "get crushed" by PoW...
Imagine the number of jobs linked to the current economic system but this one needs to evolve drastically in concrete terms Visa and MC they are "in the cart with a slave who pulls air conditioning and sodium lamp as an option" while BSV is at the "teleporter and led". This system needs a transition, but the weakness of PoW is 51% unless all resources go to PoW exploitation or then another advantage of the against 51% is the reversal to cancel so there are countermeasures.
The best "economically" for Facebook would be to collaborate with BSV nChain technology for their "new economic system" it would be much more logical, much more economical, especially "secure" in every sense of the word and would make it possible to generate significant capital while deploying a new global marketing system and many other advantages. But are these arguments enough against the human stupidity of "the chosen ones" and users all over the world? I have a little doubt for the immediate future. Explain to the world to "throw away all their tickets" to acquire the BSV from a private company of nChain.... Imagine the heads of the elderly for whom the Internet is the devil' and the ultra-rich or who will do to the ECB and the FED. Anchor economy (yes, it is the most expensive liquid in the world and not for nothing). Trees would be relieved and could absorb the CO2 from global warming. No government will have the courage to do that for the moment.
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jamespastagueule
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May 07, 2019, 01:46:37 PM Last edit: May 08, 2019, 05:25:08 AM by jamespastagueule |
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Blockchain BSV is a winner in this matter because (in 2019/23 it is the one who provides "pickaxes" to gold diggers) will drastically evolve into something very powerful!
I put you on a track, for example: Will be interesting to help future "mass climate refugees" to come to use the blockchain for the local and international economy and identity data, medicals, unforgeable genealogy, administrative procedures, personal backup, affiliations, productivity....... The first quality is the immutability of the system, followed by cost reduction and ease of deployment. There may come a small device to enable blockchain access transport, such as a personal but advanced nano "year 2000 RFID" technology and a multitude of information and access terminals to make the system accessible to everyone in all languages. For example "Buy a product" or you have "the chip to insert under the skin" offered... As a "very useful wallet chip for use" in needle-free vaccine injection (Crossjet). In addition to the crowning, nChain will have to choose the right partners because they will need them for mass adoption. It is a strong suggestion for BSV accompaniment is creates your new internet / metanet distributed by LED light all over the world and beyond. B0o0o000o0o0m or #B00mNet. Concretely after the desk lamp, a ceiling Li-Fi lamp that can diffuse a high-speed Internet connection through light in a 28 m² room this technology is normally accessible since Bitcoin's invention.
Remember that. It is a "memory" to the future. BSV / IoT / Li-Fi Li-Fi (or Light Fidelity) is a wireless communication technology based on the use of visible light, with a wavelength between 480 nm (670 THz, blue-green) and 650 nm (460 THz, orange-red). While Wi-Fi 6 uses a radio part of the electromagnetic spectrum outside the visible spectrum, Li-Fi uses the visible (optical) part of the electromagnetic spectrum. The Li-Fi principle is based on the coding and sending of data via the amplitude modulation of light sources (scintillation imperceptible to the eye), according to a well-defined and standardized protocol. Li-Fi is a type of VLC system (Visible Light Communication). It differs from laser, fibre optic and IrDa communication in its protocol layers. The protocol layers of Li-Fi are suitable for wireless communications up to about ten meters. .்
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ðºÞæ
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May 07, 2019, 03:15:52 PM |
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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jamespastagueule
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May 08, 2019, 06:20:08 AM |
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BSV Hackathon provides 36 new solutions to onboarding The world’s first Bitcoin SV (BSV) hackathon has come to a close, and it was a resounding success. Thirty six submissions made it across the finish line, and now the developers wait to see who the judges will chose to move on.
In total, 216 eager coders signed up to participate in the event. Of that number, 122 were to compete as individuals, and another 94 joined together to form 42 teams. They worked on their projects for 48 hours, starting at 12pm GMT+1 on Saturday, May 4 and ending at 12pm Monday, May 6 GMT+1. Of those entrants, 100 joined the Hackathon Telegram channel, of which many acted as representative of their teams.
The goal of the hackathon was broad enough to inspire creativity, but had a specific goal in mind. At the start of the event, the participants were told in a Telegram group to work on a project that would foster better onboarding, not just in end-users, but also for developers, in interacting with the BSV blockchain. Their entry should demonstrate that it was an application that provided fresh new ideas towards those two aspects of adoption, while maintaining the ability to scale, a key focus of BSV.
As the event kicked off, the mood was positive and supportive, as it typically is within the BSV community. The entrants encouraged each other, providing assistance when others got stuck with their code, and generally encouraging the entire group towards their solutions. Ted Rivera, one of the entrants, said of the atmosphere, “It was a very nurturing and educational environment where all worked hard to help others find solutions. Felt more like one big workshop.”
The biggest obstacle wasn’t in beating others towards the prize, but in achieving something within the time constraints of the event. One developer said, “The competition between participants was relevant. But the most important competition was amongst oneself: pushing oneself beyond the limits of attainable when the event started.”
It can be a grind to develop for 48 hours straight, and every little bit helped spur them towards their goals. A participant going by the name Van Gogh said:
“I was also at that point where there were like 20 hours left I was completely spent and ready to just submit what I had. Then one of Jimmy’s videos would come on https://coingeek.com/the-bitcoin-vision-episode-11-video/ and I was like dammmmn! he’s talking directly to the hundred of us, I can still smash out some code for this API part lol”
The sense of achievement at the end was real. 36 submissions got across the finish line with a working application in total. Another entrant named Attila said of the feeling:
“It was a refreshing experience to meet and organize with other builders in this space. I am impressed with how many different people worked well together. It’s going to be amazing to see what everyone has created. There are many thoughtful and talented developers in the competition that makes it suspenseful and exciting.”
The next step is the top three finalists will be chosen by a panel of judges, and a representative from each will be flown to Toronto, Canada for the CoinGeek Toronto scaling conference https://coingeek.com/conferences/toronto-conference/ There, an expanded group of judges and the live audience will combine to vote on the winner.
First place brings home a whopping 250 BSV, a great start towards funding a new project. Second and third place will win 100 BSV and 50 BSV respectively, making for 400 BSV in total being granted to the finalists.
It doesn’t end there though. After presenting their work and the prizes are awarded, plenty of entrepreneurial types, including the Bitcoin Association, will be at the conference, considering the contestants’ projects for potential investment.
If you want to be part of the live audience that helps decide the final winner of this contest, register to join the CoinGeek Toronto scaling conference. If you haven’t signed up already, you can save money on your registration by using Bitcoin SV via Coingate https://coingate.com/
Source: https://coingeek.com/bsv-hackathon-provides-36-new-solutions-to-onboarding/
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Meta_Report
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May 08, 2019, 10:56:44 AM Last edit: May 08, 2019, 11:50:30 AM by Meta_Report |
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Jimmy Nguyen on the unmatched power of the Bitcoin SV blockchain As impressive as blockchains are, there is still work to be done if they’re to be accepted by businesses on a large scale. Today, the only blockchain that recognizes the importance of being robust – robust enough for corporations the size of IBM and Amazon – is Bitcoin SV (BSV) and the CEO of nChain, Jimmy Nguyen, recently sat down for an interview to discuss why BSV is leading the way and how it is the best solution for businesses as they transition to the blockchain. https://youtu.be/KXgxhz5_GKwOne thing is clear to business minds. If they’re going to adopt any technology, it has to be stable, it has to be versatile and it has to be powerful. BSV makes all three possible, developing a platform that is capable of thousands of transactions per minute with aspirations of over seven billion transactions per minute. This type of scalability is only possible with BSV, as other blockchains, including Bitcoin Core (BTC) and Ethereum (ETH) have severely limited their capabilities by introducing unnecessary – and often unwanted – code limitations. It’s important to point out that “transactions” does not necessarily refer only to financial transactions. A transaction can be any type of communication, including data transfer, contract assignations and even picture transmissions. The benefit is that all of the transactions become part of an immutable, permanent record that is available to relevant individuals at all times from anywhere. In keeping with the model that a blockchain needs to be made for business activities, CoinGeek had recently held a contest to inspire the creation of a real-world use case that has practical benefits for businesses. That contest resulted in a prize of over $6 million awarded to Tokenized, an organization that was created to develop smart contracts for the BSV blockchain. These smart contracts can be issued for stocks, bonds, derivatives and even concert tickets and include a feature not available with any other smart contract system. BSV supporters understand Bitcoin and understand the importance of creating a solution that allows for adherence to legal and regulatory guidelines. No business will adopt any solution that tries to skirt regulations and BSV ensures that businesses can build solutions with confidence that they are operating within regulatory frameworks. Tokenized ensures that this same mantra is carried, providing a solution that is regulation-friendly and which doesn’t try to violate laws. Out of the primary blockchain solutions available, only BSV is capable of large-scale operations. It is the only network that has successfully mined blocks of 103 megabytes, and greater, and is working toward blocks in gigabytes and terabytes. Both BTC and ETH have already acknowledged scaling issues, which means neither can offer the volume capabilities found with BSV. New projects are being introduced to the BSV blockchain on a regular basis that are designed to show its capabilities and flexibility. New payment solutions are coming, as well as supply chain management solutions. There is also Centbee, which has received an investment from CoinGeek founder Calvin Ayre, a crypto company that is proactively expanding adoption by merchants and consumers in South Africa and across the world. BSV is helping to ensure that the original design – and purpose – of Bitcoin remains intact. Over the past several years, many individuals have felt that they knew more than Bitcoin’s creator and have completely changed the definition and scope of digital currency. All this time, a group of individuals has remained determined to see the original Bitcoin succeed, understanding that the others are not capability of fulfilling Bitcoin’s goals. It is because of this that BSV is keeping the vision alive. From https://coingeek.com/jimmy-nguyen-on-the-unmatched-power-of-the-bitcoin-sv-blockchain/
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jamespastagueule
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May 08, 2019, 12:06:27 PM |
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Don’t be fooled — Bitcoin is not BTC
In order to clear up some areas around my history as the creator of Bitcoin for people, I need to point out a few fallacies. Firstly, there is the fallacy that Satoshi acted in a particular way. The reality is that as Satoshi, I interacted with people who held views that differed from mine. In creating Bitcoin, I sought to create an honest and legally enforceable cash system. To be cash, that is to be money, Bitcoin needs to be neutral. It is not a system that is friendly to crime but a system that is friendly to most people. Such are people who act across the law in a variety of ways.
BTC is passing off as Bitcoin, it is a fake airdrop copy. Bitcoin is a system that is private. It is not anonymous.
Bitcoin would be convenient for people who don’t have a credit card or don’t want to use the cards they have, either don’t want the spouse to see it on the bill or don’t trust giving their number to “porn guys”, or afraid of recurring billing. The point made is important; anonymity breeds crime, and crime kills freedom. You will note that I did not promote drugs or any other illicit activities. I did not promote Bitcoin for such uses. Bitcoin is not a good system for illicit activity, as they involved with Silk Road discovered. Porn is legal. There are many other things that are legal, some of which may not want to be associated with people’s credit cards. Here’s the thing: Bitcoin is private allowing you to use it as cash and make purchases the same way you would going down to the corner store in the past and picking up legal but socially not acceptable items. When I was a child, certain things were allowed but not condoned. The means were not anonymous. If you paid for them with cash, people still knew, but people with knowledge were very limited.
Bitcoin does not stop debt No cryptocurrency can. No system ever will. Debt is contractual. Unless you ban all contracts, debt exists, and to ban all contracts means to ban all trade. Even in Bitcoin, you can create debt obligations and bonds. In fact, you can create a lighthouse project that needs to be repaid over time. There is nothing, and I mean nothing, that can be done in the modern world that cannot also be done in Bitcoin.
There is a great falsehood about Bitcoin that has been spread by such people seeking to hijack the platform and create something else. It is the claim that Bitcoin was anti-authority. Bitcoin is an immutable log and an immutable evidence trail. Bitcoin is a form of money that is traceable allowing for the requirements of a sound and honest money dictated by Joseph Stiglitz. Unfortunately, the people who sought e-gold and DigiCash and tried to create bit gold did not want Bitcoin. Such groups sought something completely different to what Bitcoin is, and have hijacked the narrative.
There is nothing at all about Bitcoin that is anti-authoritarian. To say so would be to say that gold itself was anti-authoritarian. When I created Bitcoin, I created a monetary system that would work within the existing framework. E-gold, Liberty Reserve, and many others came about, but the reality is, they all ended as a result of legal action. Bitcoin needs to work within the law to be valid.
Cypherpunk and the fallacy of no true Scotsman I’m sorry to disappoint you, but I used the Cypherpunks mailing lists on a regular basis. I was one of the first people to use them. The fact that there were some who were, like Julian Assange, anti-everything did not mean that I or Bitcoin was anarchist. To assume that everyone on a mailing list holds a select view means a false understanding of the list and the people on it. The no true Scotsman argument that no Cypherpunks list member would ever support a regulated system is utterly false. The fallacy of composition needs to be considered. The simple argument here is made that all ‘cypherpunks’ support anarchy, yet I was on the list — which is easy to prove. I do not support anarchy in any form. I did not in the 90s, and I never will.
“The system is entirely decentralized, without any server or trusted parties,” details Nakamoto. “The network infrastructure can support a full range of escrow transactions and contracts, but for now the focus is on the basics of money and transactions.” Note that if you read the white paper, you will discover that there are two aspects here:
1. Peer-to-peer cash is distributed when two parties exchange a transaction.
2. The node network is a distributed database.
They are separate concepts. When I released the software in 2009, everything was put onto one single simple package. It was not designed to remain so, and in fact, I always expected that in time, miners as nodes would start to aggregate into large corporations that would run out of data centres. Competing organisations make for something that is decentralised. Which is how Bitcoin works. No individual organisation, corporation that runs a Bitcoin node in order to mine and verify bitcoin can change the rules. The protocol is fixed.
With the tortious airdrop copy of Bitcoin, BTC, what we see is a false version of Bitcoin designed to hide the fact that a small group of control-freak developers seek to dictate monetary policy through Bitcoin. They seek to alter it to make it anonymous rather than pseudonymous and to act outside the law. All of it comes through the results of Silk Road. That is, Bitcoin demonstrating that it is not a good drug coin. It was designed not to be. Freedom does not include crime. Contrary to the continuous lies saying that nothing bad was sold on Silk Road, captures of Silk Road demonstrate sales of:
plastic explosives; ammunition; poisons; and hard drugs including crack, ice, and worse. The simple reality is that many people seeking the illicit casino world and the drug-coin world have hijacked Bitcoin to make something that Bitcoin was never designed to be.
“It’s [BitCoin is] very attractive to the libertarian viewpoint if we can explain it properly.”
No matter how much of an anarchist you are, let alone libertarian (which is not anarchist at all, by the way), one thing to take note of is that fraud is never acceptable. The first thing to note here is that passing off is a form of fraud. It is a tort based on the deception in claiming something that is other than the real matter is; you lead someone to believe that he is getting what he is seeking, and give him something else. People are being led to believe they are getting Bitcoin when in fact they are getting a crippled developer-controlled mutation.
The protocol was open but not open to change. Bitcoin works and is decentralised only when the protocol is fixed. The lie that you are being told is that developers need to be able to move the goalposts and make new protocol changes whenever they feel like it. The Internet protocol does not change. New applications are built, and additional systems are constructed on top of the protocol, but the protocol itself remains stable. TCP is valid today just as it was in the past. If I plug a computer running DOS version 5.0 onto the network using a TCP stack program from the 80s, it will still connect to the Internet. If I connect a XENOS machine or a SunOS 3.0 computer using code from the 80s and 90s, it will still connect to the Internet, and it will be able to send and receive packets. That is protocol stability.
For Bitcoin to work and be stable, the protocol cannot change. If the protocol changes all the time, we end up like IPX. And when it does, business investment becomes stifled. The length of time needed to both create a new process and program and then recoup the costs is not given.
On decentralisation Bitcoin is only decentralised through the protocol. Here lies the nature of decentralisation. Decentralisation of power involves the inability for an individual to take control of the system. In order to ensure it, developers cannot set the rules. The lie that you are being taught by the promoters of an airdrop copy of Bitcoin which trades with a ticker symbol BTC (also known as Core coin) is that the false copy was in any way decentralised. The truth is that the promoters of such a controlled derivative seek to pass off an extremely highly manipulated system as one being decentralised.
Such is the founding spirit of Bitcoin: it’s a system that acts as a protocol of sound money that leaves a traceable evidential record. It is a system that is antithetical to crime. It is a system that is antithetical to anarchy, and it is a system that works within the law and regulations as they have been constructed in the world of common law.
When I made the following comment on the peer-to-peer mailing list, people saw it and decided to cherry-pick words:
A lot of people automatically dismiss e-currency as a lost cause because of all the companies that failed since the 1990’s. I hope it’s obvious it was only the centrally controlled nature of those systems that doomed them. I think this is the first time we’re trying a decentralized, non-trust-based system. They extract the word decentralised from the argument. But it’s not what the context says; what I wrote was “a decentralized, non-trust-based system.” As such, we end up with a:
global distributed database, with additions to the database by consent of the majority, based on a set of rules… It is important to remember not that it is a decentralised system, but that it is a global distributed database. Additions to the database are created using a fixed protocol — which is the key here; Bitcoin is a non-trust-based system because it has a fixed protocol. As soon as you allow developers to change the protocol, you trust the developers.
Developers are not decentralised. Developers acting within an open-source project act as a system with a benevolent dictator. I left Bitcoin as a project so that I would not be the benevolent dictator. I left to be an absentee dictator. One who set rules in stone. I explained it well, I would have thought, but obviously it went over everyone’s head.
The discussion involved people asking about changing the protocol. It was argued that the number of coins and other protocol aspects of Bitcoin would need to be changed. I said categorically that Bitcoin’s rules as a protocol are predetermined.
At the start of the post I categorically said that Bitcoin was created as a system “with no central server or trusted parties.” Trusted parties are ones such as developers who hold power over the protocol. If a developer can change the rules, they set the rules.
When a dishonest system like Core coin (BTC) seeks to alter Bitcoin in creating an airdrop that poses as if it was Bitcoin, they are conducting an attack on the system. There is a common law tort for it: it is called passing off — which is where someone fraudulently pretends to be someone or something he is not. When Core forked Bitcoin in 2017, they created a new system, and yet they pretend that it was the original Bitcoin protocol. To be honest, to act within the law, Core would need to call it something else.
They could call it Core coin, developer coin, protocol-changes-weekly coin, but they cannot legally decide to name it Bitcoin. They could call it airdrop-altered-version-of-Bitcoin coin and still be honest, but they wouldn’t want to do so. They want to pass off their illegitimate copy as the original.
If you simply want to create a copy of Bitcoin, the copyright allows you to do so. You can for instance create a system such as Ethereum or even Litecoin without any risk of passing off and having people confuse your new coin with Bitcoin. It allows for fair and honest competition. But of course it is not what people in such camps want. They don’t want honest competition, they want to use lies and fraud and argue that fraud was somehow part of a libertarian ideal. It is not.
Set in stone As soon as you allow any developer to start changing rules, Bitcoin is no longer decentralised, and if it is no longer decentralised, it is no longer Bitcoin. I will say it in another way: if the rules of Bitcoin that form the protocol change, you have altered Bitcoin and created something other than Bitcoin. Just like a SunOS machine from the 80s being able to access the Internet today, to be Bitcoin, the system needs to be stable, and a transaction signed today needs to be valid 50 years from now. If such is not the case, if developers can alter the protocol, you are not talking about Bitcoin.
Set in stone. The big error here is thinking that Bitcoin without government does anything. Without government, Bitcoin doesn’t stop banking fraud and doesn’t stop fraud at all. Fraud is stopped when you have requirements to act under law and Bitcoin as an evidentiary trail. The point is, Bitcoin reduces the need for certain governmental controls when government exists.
Central banks are not the issue; manipulation is.
The root problem with conventional currency is all the trust that’s required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust. Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. My profound distrust is not towards central banks. It is towards technocrats who think they know far more than everyone else. It is my motivation behind creating Bitcoin. In the quote above, I make it very clear that I do not believe in the long-term viability of currencies that are trust based — that is, the DEVELOPERS can alter them as and when they please! That is, BTC is the reason Bitcoin exists. Bitcoin exists to ensure systems like BTC fail…
Thanks to Gabriel, Tonesnotes and Lin Zheming.
https://medium.com/@craig_10243/dont-be-fooled-bitcoin-is-not-btc-61e6aee8ac53
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ðºÞæ
Sr. Member
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Bitcoin © Maximalist
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May 09, 2019, 05:52:57 AM |
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"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling." Satoshi Nakamoto, April 2009 Avoiding taxes is totally legal if you consider and respect the law.
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vapourminer
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what is this "brake pedal" you speak of?
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May 09, 2019, 01:10:48 PM |
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Careful he may come and bite you ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4RKKjYG%2FUntitled.png&t=665&c=abcWzit1t7819A) so just what does this bsv logo represent? Apparently some kind of Dragon (from Chinese Zodic) https://duckduckgo.com/?q=chinese+zodiac+dragon&t=canonical&atb=v1-1&iax=images&ia=images ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FhmMmwKV%2FUntitled-2.png&t=665&c=nIL7hs3bjKORsg) Chinese Zodiac Dragon
Occupying the 5th position in the Chinese Zodiac, the Dragon is the mightiest of the signs. Dragons symbolize such character traits as dominance and ambition. Dragons prefer to live by their own rules and if left on their own, are usually successful. They’re driven, unafraid of challenges, and willing to take risks. They’re passionate in all they do and they do things in grand fashion. Unfortunately, this passion and enthusiasm can leave Dragons feeling exhausted and interestingly, unfulfilled.
thanks very appropriate for bsv IMO. takes risks, grand fashion (showmanship). just what i want for my long term storage of value coin and the person leading it. /s
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jamespastagueule
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May 09, 2019, 07:54:05 PM Last edit: May 09, 2019, 08:42:13 PM by jamespastagueule |
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You're promoting fake news generated by the biggest conman in crypto in an attempt to trick newcomers into thinking bitcoin is something other than BTC. That's pretty much all your account does. You know what, if it were any other idiot making any other false claim about anything I wouldn't care. But to promote an article that starts with the words "Bitcoin is not BTC" on the Bitcoin Forum is just a slap in the face to everything this forum stands for. I told you in my feedback: if it turns out Wright is Satoshi, then that will mean he had created this forum, and that BSV is truly Satoshi's vision. On the day this is proven or accepted by the general community I will erase my rating for you. I will even issue an apology to you. In the meanwhile, you can: A. Stop spreading disinformation and misleading the general public for the sake of profiteering, upon demonstration of such changes I may remove my rating, B. Open a new account and start over, or C. Take your concern to the Reputation board and ask for justice. I'm open to input from other DTs on the matter. You're blackmailing me! You're a fucking sadist bastard! No, A B C, leave me alone and mind your own business, You produce nothing constructive except to piss off the world like a twisted Troll all the time to generate polemics about "Who is SATOSHI"! I don't care about that. I strongly suggest you go get treated instead of coming here to piss off with your identity crisis of which i am a stranger. You try to create "Who is SATOSHI!" all the time "Who is SATOSHI! Who is SATOSHI!"and you blackmail people with threats !!! Analyse your flux you're trying to change this environment into "hostile place" even going so far as to divert activities from the communities because your exchanges will focus on you the toxic troll rather than on the initial subject that brings them people here. You're not even aware of it! Psychopath ! If you are honorable people... you nutildah and your second nickname bitch "Iamtutut" then reveal your real identities to the right people! You accuse people or worse of fraud through your conversations "you are just cowards hidden behind your computer". one day or another, the wheel turns! it is so for everyone, like the laws of Karma. Your time will come ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) be sure, something won't miss you.
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hv_
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Clean Code and Scale
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May 09, 2019, 09:29:01 PM |
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Carpe diem - understand the White Paper and mine honest. Fix real world issues: Check out b-vote.com The simple way is the genius way - Satoshi's Rules: humana veris _
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