SCAM: Bitcoin SV (BSV) - fake team member and plagiarized white paper

[Iamtutut]

This one also is Excellent:
https://twitter.com/threadreaderapp/status/1149980368348549120

"Just started with a little overview of Craig's companies, and why am I not surprised... Here's our first timewarp* already! 😂

Panopticrypt became shareholder of Denariuz while Craig didn't own it yet."

"How do I prove such timewarps?

The previous owner of Denariuz Ltd (who registered it as Permanent Success Ltd) made up a last balance sheet of his GBP 1.00 "enterprise" per October 31, 2013. Panopticrypt in February 2014 claims to have been shareholder per January 1, 2013. 🤷‍♂️ "

Original here:
https://twitter.com/MyLegacyKit/status/1149820255239380992

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[TheNewAnon135246]

This one also is Excellent:
https://twitter.com/threadreaderapp/status/1149980368348549120

"Just started with a little overview of Craig's companies, and why am I not surprised... Here's our first timewarp* already! 😂

Panopticrypt became shareholder of Denariuz while Craig didn't own it yet."

"How do I prove such timewarps?

The previous owner of Denariuz Ltd (who registered it as Permanent Success Ltd) made up a last balance sheet of his GBP 1.00 "enterprise" per October 31, 2013. Panopticrypt in February 2014 claims to have been shareholder per January 1, 2013. 🤷‍♂️ "

Original here:
https://twitter.com/MyLegacyKit/status/1149820255239380992

Arthur has been doing a great job so far going through all the court documents etc.

[nutildah]

Today by chance I happened to see something particularly odd in a chart of BSV's average transactions per block. If you look at the line for Bitcoin Cash (green), you will see its highly erratic, with a lot of inter-week variance. Same holds true for the Bitcoin SV (red) line -- up until June 1st, that is. Then, something strange happened: the variance disappeared. The BSV transactions per block has been steadily increasing (logarithmically) since about 6/1.



This looks totally inorganic to me -- like the number of transactions per block is being carefully manipulated upward.

The big spikes littered throughout, and especially early on, is BSV saying "Look, the power of big blocks! Behold!" Its also obvious manipulation.

On June 24th, it was revealed that 84% of BSV's trading volume was due to its largest 100 transactions, even though its median transaction value was pretty small.

https://twitter.com/kerooke/status/1142922525560754177

If they are manipulating trading volume, I'm quite sure it would be easy to manipulate transaction volume as well. It certainly is cheap enough to do so.

[yogg]

If they are manipulating trading volume, I'm quite sure it would be easy to manipulate transaction volume as well. It certainly is cheap enough to do so.

That's a very interesting event !

Well, if they are mining they will recoup any little 1sat/b fee that is spent with the transaction.

This increase of transaction can be several things.

I saw in this thread some CSW shill advertising 1GB blocks on BSV; maybe this is the test on mainnet ?
This could also be a "spam attack". Would be funny to see their 1GB blocks starting to fill and being broadcast all over the network.
With a few dozens of such blocks, I believe BSV would die.

[Iamtutut]

It's been proven they fill their blocks with weather reports.They're filling their blocks with horse and bullshit to support their scaling narrative.

https://cointelegraph.com/news/98-of-bsv-transactions-used-for-writing-weather-data-on-blockchain-report

[nutildah]

I saw in this thread some CSW shill advertising 1GB blocks on BSV; maybe this is the test on mainnet ?
This could also be a "spam attack". Would be funny to see their 1GB blocks starting to fill and being broadcast all over the network.
With a few dozens of such blocks, I believe BSV would die.

They are supposed to implement 2 GB blocks before the end of the month. With some persistent spamming, this could add 2 terabytes to the BSV blockchain each week. After a couple months of filling blocks to capacity, the number of BSV nodes would sure drop off almost completely, as only those with the biggest hard drives will be capable of running a node. Even if the spam attack is carried out slowly, the BSV blockchain could become unmanageably large by the end of the year.

[hv_]

I saw in this thread some CSW shill advertising 1GB blocks on BSV; maybe this is the test on mainnet ?
This could also be a "spam attack". Would be funny to see their 1GB blocks starting to fill and being broadcast all over the network.
With a few dozens of such blocks, I believe BSV would die.

They are supposed to implement 2 GB blocks before the end of the month. With some persistent spamming, this could add 2 terabytes to the BSV blockchain each week. After a couple months of filling blocks to capacity, the number of BSV nodes would sure drop off almost completely, as only those with the biggest hard drives will be capable of running a node. Even if the spam attack is carried out slowly, the BSV blockchain could become unmanageably large by the end of the year.

Small brainers can only think (lol) about such.

 

[Phinnaeus Gage]

It's been proven they fill their blocks with weather reports.They're filling their blocks with horse and bullshit to support their scaling narrative.

https://cointelegraph.com/news/98-of-bsv-transactions-used-for-writing-weather-data-on-blockchain-report

"And that's the weather. Remember, never ever use the BSV blockchain to store porn like they do on the Bitcoin blockchain and most every other blockchain known to man [or naked woman]."

[Hyena]

I smell fear in this thread.

[nutildah]

I smell fear in this thread.

Right, thanks for blessing our thread with your posting, it means some SV people have taken notice.

Care to expand on what we should be afraid of, or why?

[Iamtutut]

I smell fear in this thread.

Right, thanks for blessing our thread with your posting, it means some SV people have taken notice.

Care to expand on what we should be afraid of, or why?

I only smell fear coming from BSV shills.

As a project, BSV is a joke, especially the big blocks that will centralize the joke even more (nodes will fall) before killing it. If average joe can not run his own fullnode, it's not Bitcoin.

Right now, I've 36 connections on my Bitcoin fullnode, using one of my HDD (yeah, not even a SSD).

[hv_]

I smell fear in this thread.

Right, thanks for blessing our thread with your posting, it means some SV people have taken notice.

Care to expand on what we should be afraid of, or why?

I only smell fear coming from BSV shills.

As a project, BSV is a joke, especially the big blocks that will centralize the joke even more (nodes will fall) before killing it. If average joe can not run his own fullnode, it's not Bitcoin.

Right now, I've 36 connections on my Bitcoin fullnode, using one of my HDD (yeah, not even a SSD).

and if u are not a miner, u just slow down the Network by factor of 36 - haha- nice

[suchmoon]

and if u are not a miner, u just slow down the Network by factor of 36 - haha- nice

Seems like you posses the right level of intelligence for a CSW cult member, well done.

[hv_]

and if u are not a miner, u just slow down the Network by factor of 36 - haha- nice

Seems like you posses the right level of intelligence for a CSW cult member, well done.

Nope - I'm just a protocol minimalist

[arewethereyet?]

and if u are not a miner, u just slow down the Network by factor of 36 - haha- nice

Seems like you posses the right level of intelligence for a CSW cult member, well done.

Nope - I'm just a protocol minimalist

While a bloke called Craig, creates umpteen layers on top of 'his' protocol.....trusts, people to maintain said trusts, copyrights, fork.... Basically, the opposite of minimalist.

[Iamtutut]

I smell fear in this thread.

Right, thanks for blessing our thread with your posting, it means some SV people have taken notice.

Care to expand on what we should be afraid of, or why?

I only smell fear coming from BSV shills.

As a project, BSV is a joke, especially the big blocks that will centralize the joke even more (nodes will fall) before killing it. If average joe can not run his own fullnode, it's not Bitcoin.

Right now, I've 36 connections on my Bitcoin fullnode, using one of my HDD (yeah, not even a SSD).

and if u are not a miner, u just slow down the Network by factor of 36 - haha- nice

Yeah, 'coz syncing a 1.5MB block is soooooooooooooo hard and take so much time, especially when one (eg me) has a 5ms max ping internet connection.

Time to write the block: 0.025s (very conservative 60MB/s).

[actmyname]

1 block per 10 minutes =
6 blocks per hour =
144 blocks per day =
~52,594 blocks per year

At 1 MB, that is 51.36 GB if all blocks are full.
At 1 GB, that is 51.36 TB if all blocks are full.
And we want 2 GB?2 GB means nearly 1TB every week. That is quite the expensive node.


Now... the "Moore's Law" argument about improvement to technology may have some merit, but only in a reactive sense.

Proactively anticipating the progression of technology is asinine. You're wagering the decentralization of nodes on humanity's capacity for improvement yet you won't hope for improvements in the Lightning Network? How about that.

[xtraelv]

https://twitter.com/JayPizzle88/status/1142757894233870338/photo/1

The verdict is out.

Just ask McAfee. Chuck Norris can author a bitcoin whitepaper without writing it (or was that the other guy ?)

[Phinnaeus Gage]

https://twitter.com/JayPizzle88/status/1142757894233870338/photo/1

The verdict is out.

Just ask McAfee. Chuck Norris can author a bitcoin whitepaper without writing it (or was that the other guy ?)

You're thinkin' 'bout that other guy ...

[xtraelv]

You're thinkin' 'bout that other guy ...

Is that CSW between two trucks ?



According to Wizzsec Chuck Norris has a competitor.