LookAtMeHODL
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January 30, 2020, 08:15:57 AM |
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Did Craig forget to prove he owns something again???   |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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arielbit
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Activity: 3416
Merit: 1059
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January 30, 2020, 09:29:39 AM |
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Is there someone on this forum that have rare Satoshi pictures and want to share or exchange with me? I have this two pictures of young Satoshi, can anyone tell me if those pictures are genuine?   i won't be friends with someone with that kind of face. looks like a heavy bullshitter kind of face. |
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Anarcocapitalista
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Activity: 53
Merit: 6
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January 30, 2020, 12:04:23 PM |
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Funny how that website leaves out the metrics that are actually important in determining the true popularity of a coin, like active addresses, average transaction size and total hash power of the network. Wonder why that is. BSV is a joke led by a fraudulent cult leader. Its going nowhere as an honest investment until Craig is removed from its equation entirely. Based on its actual utility and minus the Faketoshi Factor, I put the fair price of SV to be somewhere between $30 and $40 a coin. Everything above that at the moment is based on Craig's everlasting charade. Again, miners have the incentive to process every transaction, there are no ‘metrics’ left out of a global ledger... History of your posts show that you have bet against the best performing crypto of the top 10 in 2019-2020.... there is literally proof of you saying ‘BSV will go to zero’ and there has been 2 bull runs since. Are you really going to gamble that there won’t be another all time high for BSV? |
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nutildah
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Activity: 2982
Merit: 7968
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January 30, 2020, 01:18:03 PM |
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Funny how that website leaves out the metrics that are actually important in determining the true popularity of a coin, like active addresses, average transaction size and total hash power of the network. Wonder why that is. BSV is a joke led by a fraudulent cult leader. Its going nowhere as an honest investment until Craig is removed from its equation entirely. Based on its actual utility and minus the Faketoshi Factor, I put the fair price of SV to be somewhere between $30 and $40 a coin. Everything above that at the moment is based on Craig's everlasting charade. Again, miners have the incentive to process every transaction, there are no ‘metrics’ left out of a global ledger... Do they really though? We've been through this already. The miners make a tiny sliver of what BTC miners make in transaction fees. They have very little incentive to process every transaction because 99.95% of their revenue depends on the block reward. All metrics are left out of a "global ledger" (in your case, you're referring to a fork of a fork of bitcoin), because a ledger doesn't care about statistics. History of your posts show that you have bet against the best performing crypto of the top 10 in 2019-2020.... there is literally proof of you saying ‘BSV will go to zero’ and there has been 2 bull runs since.
I actually never said I "had bet" against BSV, however after BSV reached its new high on what was obviously fake news I opened a short position on it and am doing quite well, thanks. Just because its the "best performing crypto of the top 10" during your arbitrarily and ill-defined time period doesn't mean its not an outright scam. |
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Anarcocapitalista
Jr. Member
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Activity: 53
Merit: 6
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January 30, 2020, 03:06:42 PM |
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Funny how that website leaves out the metrics that are actually important in determining the true popularity of a coin, like active addresses, average transaction size and total hash power of the network. Wonder why that is. BSV is a joke led by a fraudulent cult leader. Its going nowhere as an honest investment until Craig is removed from its equation entirely. Based on its actual utility and minus the Faketoshi Factor, I put the fair price of SV to be somewhere between $30 and $40 a coin. Everything above that at the moment is based on Craig's everlasting charade. Again, miners have the incentive to process every transaction, there are no ‘metrics’ left out of a global ledger... Do they really though? We've been through this already. The miners make a tiny sliver of what BTC miners make in transaction fees. They have very little incentive to process every transaction because 99.95% of their revenue depends on the block reward. All metrics are left out of a "global ledger" (in your case, you're referring to a fork of a fork of bitcoin), because a ledger doesn't care about statistics. History of your posts show that you have bet against the best performing crypto of the top 10 in 2019-2020.... there is literally proof of you saying ‘BSV will go to zero’ and there has been 2 bull runs since.
I actually never said I "had bet" against BSV, however after BSV reached its new high on what was obviously fake news I opened a short position on it and am doing quite well, thanks. Just because its the "best performing crypto of the top 10" during your arbitrarily and ill-defined time period doesn't mean its not an outright scam. So what happeneds when the fee market exceeds the block reward as is clearly going to be the case with BSV if unless you ignore the ongoing daily average tranasaction increase on the BSV network? Better yet, where are miners going to go when there is no longer a block reward for Btc and everyone is ‘HODL’ing’ ans not creating any transaction volume the miners to stay afloat? BTC is a dead end experiment that was hijacked by communists in 2017. Again, here’s a source: like at the blocksize increase by BSV. It’s obvious the transaction fee market will clearly exceed the block reward with time. This literally destroys the ridiculous ‘hodl’ Btc narrative. Where do you think that line is going? https://sv.coin.dance/blocks |
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nutildah
Legendary
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Activity: 2982
Merit: 7968
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January 30, 2020, 04:23:05 PM |
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So what happeneds when the fee market exceeds the block reward as is clearly going to be the case with BSV
I don't know. None of us do, because hell will have frozen over long before then. It’s obvious the transaction fee market will clearly exceed the block reward with time.
How is that "obvious"? Lets take a look at the facts: Avg. Transaction Fee 0.0000038 BSV ($0.0011) Transactions avg. per hour 21,087, or 3,515 per block Reward Per Block 12.50+0.0158 BSV ($3,695.91 USD) Fee in Reward (Average Fee Percentage in Total Block Reward) 0.15% At its current price, the average number of transactions would have to increase by 666.67x in order for their fees to equal the block reward. That's assuming that transaction fees doesn't increase proportional to the price of BSV. That would mean 2.343 million transactions per block. Since BSV has an average tx size of 0.48kb, that would mean each block would have to be 1.124 GB. We're talking about a 570-fold increase from where things currently stand. That just ain't happening. Not in our lifetimes. Feel free to bet on BSV's blockchain growing by 162 GB a day if you want (4.8 terabytes a month) -- that does not sound like "scaling" to me. It sounds like a pipe dream. What's far more likely to happen is BSV will buckle under the weight of Craig's ego and it will implode into obscure shitcoindom where it belongs. |
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hv_
Legendary
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Activity: 2506
Merit: 1055
Clean Code and Scale
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January 30, 2020, 06:16:12 PM |
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So what happeneds when the fee market exceeds the block reward as is clearly going to be the case with BSV
I don't know. None of us do, because hell will have frozen over long before then. It’s obvious the transaction fee market will clearly exceed the block reward with time.
How is that "obvious"? Lets take a look at the facts: Avg. Transaction Fee 0.0000038 BSV ($0.0011) Transactions avg. per hour 21,087, or 3,515 per block Reward Per Block 12.50+0.0158 BSV ($3,695.91 USD) Fee in Reward (Average Fee Percentage in Total Block Reward) 0.15% At its current price, the average number of transactions would have to increase by 666.67x in order for their fees to equal the block reward. That's assuming that transaction fees doesn't increase proportional to the price of BSV. That would mean 2.343 million transactions per block. Since BSV has an average tx size of 0.48kb, that would mean each block would have to be 1.124 GB. We're talking about a 570-fold increase from where things currently stand. That just ain't happening. Not in our lifetimes. Feel free to bet on BSV's blockchain growing by 162 GB a day if you want (4.8 terabytes a month) -- that does not sound like "scaling" to me. It sounds like a pipe dream. What's far more likely to happen is BSV will buckle under the weight of Craig's ego and it will implode into obscure shitcoindom where it belongs. So still whining and triggered emotional by BitCoin will run in datacenters as originally designed? Meh |
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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fratoshi
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Activity: 294
Merit: 10
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February 03, 2020, 03:04:41 AM |
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How the Coronavirus will affect the price of BSV?
What will happen to the Satoshi coins if Satoshi get the virus and dies?
I am worry because my investment, not because i support BSV
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hv_
Legendary
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Activity: 2506
Merit: 1055
Clean Code and Scale
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February 03, 2020, 09:31:39 AM |
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Be prepared https://bitcoinsv.io/genesis-hard-fork/Late today / tomorrow the refactoring happens |
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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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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February 03, 2020, 01:10:21 PM |
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How does one hard fork a "genesis", or it's just some crazy marketing term they are trying to use. I don't think you can roll back 10 years worth of transactions, as no one has been able to day a reorg even back a single day.
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hv_
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Activity: 2506
Merit: 1055
Clean Code and Scale
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February 03, 2020, 02:51:09 PM |
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How does one hard fork a "genesis", or it's just some crazy marketing term they are trying to use. I don't think you can roll back 10 years worth of transactions, as no one has been able to day a reorg even back a single day.
It's the re-genesis rather https://sv.coin.dance/the great 'un-fckening' - gettting rid of shit in the code that never belonged in it |
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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fratoshi
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Activity: 294
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February 03, 2020, 05:31:44 PM |
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How does one hard fork a "genesis", or it's just some crazy marketing term they are trying to use. I don't think you can roll back 10 years worth of transactions, as no one has been able to day a reorg even back a single day.
It's the re-genesis rather https://sv.coin.dance/the great 'un-fckening' - gettting rid of shit in the code that never belonged in it This is great news, but i don't this we will see price movements upwards because of the re-genesis, waiting for the conference, hopefully china will get rid of the corona virus and investors will buy in. |
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nutildah
Legendary
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Activity: 2982
Merit: 7968
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February 03, 2020, 06:31:21 PM |
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Anybody else find it ironic that Bitcoin SV, the protocol "set in stone", is undergoing a hardfork, something that the real bitcoin has never done? BSV will soon be split into two factions: Bitcoin SV and Bitcoin SV Classic. Its laughable that all of the changes being introduced to the new BSV are considered part of "Satoshi's Vision." They're completely scrambling the code with a bunch of additions Satoshi could have never envisioned when he was around. Additional Consensus Changes
Genesis Upgrade block height activation mechanism
UTXO age dependent rules
Formal Script Grammar
scriptSig can only contain OP_PUSHDATA operations
Sunset OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY for new transactions
Add a policy limit on max_script_memory_usage with a default of 100MB
Add a consensus limit on max_script_memory_usage
Remove the consensus limit on the number of signature operations per MB of block space
Remove the consensus limit on the maximum number of signature operations per transaction
Remove the consensus limit on the number of op codes per script
Remove the consensus limit on the maximum script element size
Remove the consensus limit on the maximum number of elements in a script
Remove the consensus limit on the maximum number of public keys per multisig
Increase the consensus limit on the maximum transaction size to 1GB.
Software Enhancements
Parallel Block Validation
Separate processing of non-standard transactions in low priority queue
Set script evaluation timeout policies for standard and non-standard transactions
Tx should be included in inv messages in the order in which they are validated
Enhance tests for Parallel Block Validation.
Common Genesis activation code and command line option.
Enable validation of non-standard txns (on MainNet) when Genesis is enabled.
Set mempool default = 1Gb.
Remove block size from user agent string.
Change default tx fees (default txfee = 0.5 sat/byte, default minrelaytxfee = 0.25 sat/byte)
Update SPV bloom filters re attack mitigation.
Improve performance of prevector deserialization.
Change logging messages to be more precise.
Fix: Validating non-standard transactions can lock up a node for more than a minute.
Fix: Tx validation uses original reject message and ban score is used
Fix block send queue overflow
Fix undefined behaviour in bsv::deserialize
Fix bitcoin-cli help getblock
Fix build: Configure should fail when it can’t detect boost
Set the execute bit on all the new Genesis functional tests.
Fix MedianTimePast
Fix: Nonfinal transactions with no inputs is rejected with incorrect reason
Fix memory leak in asn1_integer
Fix boost::optional warnings
Fix: hexhdr.py does not get included in packaged source
Fix: Fundrawtransaction RPC changePosition parameter causing out of bounds access
Add basic --enable-tcmalloc option to the build
Fix: CTxnDoubleSpendDetector deletion past end of vector
fix lshift and rshift on data larger than 2GB
Update to the RDP in preparation for Genesis
set max duration for async validation tasks What a joke. Well I mean if you're still an SV believer, it means you'll believe anything, so why not? |
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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February 03, 2020, 06:35:25 PM |
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Anybody else find it ironic that Bitcoin SV, the protocol "set in stone", is undergoing a hardfork, something that the real bitcoin has never done? BSV will soon be split into two factions: Bitcoin SV and Bitcoin SV Classic. Its laughable that all of the changes being introduced to the new BSV are considered part of "Satoshi's Vision." They're completely scrambling the code with a bunch of additions Satoshi could have never envisioned when he was around. Additional Consensus Changes
Genesis Upgrade block height activation mechanism
UTXO age dependent rules
Formal Script Grammar
scriptSig can only contain OP_PUSHDATA operations
Sunset OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY for new transactions
Add a policy limit on max_script_memory_usage with a default of 100MB
Add a consensus limit on max_script_memory_usage
Remove the consensus limit on the number of signature operations per MB of block space
Remove the consensus limit on the maximum number of signature operations per transaction
Remove the consensus limit on the number of op codes per script
Remove the consensus limit on the maximum script element size
Remove the consensus limit on the maximum number of elements in a script
Remove the consensus limit on the maximum number of public keys per multisig
Increase the consensus limit on the maximum transaction size to 1GB.
Software Enhancements
Parallel Block Validation
Separate processing of non-standard transactions in low priority queue
Set script evaluation timeout policies for standard and non-standard transactions
Tx should be included in inv messages in the order in which they are validated
Enhance tests for Parallel Block Validation.
Common Genesis activation code and command line option.
Enable validation of non-standard txns (on MainNet) when Genesis is enabled.
Set mempool default = 1Gb.
Remove block size from user agent string.
Change default tx fees (default txfee = 0.5 sat/byte, default minrelaytxfee = 0.25 sat/byte)
Update SPV bloom filters re attack mitigation.
Improve performance of prevector deserialization.
Change logging messages to be more precise.
Fix: Validating non-standard transactions can lock up a node for more than a minute.
Fix: Tx validation uses original reject message and ban score is used
Fix block send queue overflow
Fix undefined behaviour in bsv::deserialize
Fix bitcoin-cli help getblock
Fix build: Configure should fail when it can’t detect boost
Set the execute bit on all the new Genesis functional tests.
Fix MedianTimePast
Fix: Nonfinal transactions with no inputs is rejected with incorrect reason
Fix memory leak in asn1_integer
Fix boost::optional warnings
Fix: hexhdr.py does not get included in packaged source
Fix: Fundrawtransaction RPC changePosition parameter causing out of bounds access
Add basic --enable-tcmalloc option to the build
Fix: CTxnDoubleSpendDetector deletion past end of vector
fix lshift and rshift on data larger than 2GB
Update to the RDP in preparation for Genesis
set max duration for async validation tasks What a joke. Well I mean if you're still an SV believer, it means you'll believe anything, so why not? Troll harder. You must really hate BitCoin. Only love hodled bags? Never seen such a retarded hater like nutiboy |
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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fratoshi
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Activity: 294
Merit: 10
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February 04, 2020, 02:29:59 AM |
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Looks like those who oppose BSV are on stage two  |
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nutildah
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Activity: 2982
Merit: 7968
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February 04, 2020, 05:51:55 AM |
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Reposted from the moderated thread. As it contains elements of powerful truth, it will likely be deleted from there. I bolded the most important parts. ...
Bitcoin BTC belongs to all its users. The source code of the Bitcoin Blockchain is open source and its evolutions are made by developers who strongly believe in the potential of Bitcoin to build a better world in the future.
Its nChain and BSV wants to distribute capitalist "Big Brother" to pay per second "for services that already exist", accessible to all for free for the most part. All this is based on a falsifiable system because whoever controls the hash and the power of the network can modify the blocks, the transactions, the data.
That's what you're really doing.
With your financial support and the funds you've already earned with all your bullshit. Maybe all of you should focus your energies on something really useful like cleaning the planet of its plastic. Building hospitals everywhere. Schools everywhere possible. Create arts centers, sports centers.... Dedicate your time to help the most needy by doing something yourself, like serving food at the soup kitchen 4 times a week, or helping your family and the family of strangers and thus putting aside your greed, selfishness and stinking sarcasm that stinks of the unhealthy theatre of operations. This can have the effect of bringing you down to earth and regaining a touch of humanity. Helping the world is a fundamental that Satoshi believed and is certainly not that monkey wearing red socks.
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hv_
Legendary
Offline
Activity: 2506
Merit: 1055
Clean Code and Scale
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February 04, 2020, 07:37:00 AM |
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Reposted from the moderated thread. As it contains elements of powerful truth, it will likely be deleted from there. I bolded the most important parts. ...
Bitcoin BTC belongs to all its users. The source code of the Bitcoin Blockchain is open source and its evolutions are made by developers who strongly believe in the potential of Bitcoin to build a better world in the future.
Its nChain and BSV wants to distribute capitalist "Big Brother" to pay per second "for services that already exist", accessible to all for free for the most part. All this is based on a falsifiable system because whoever controls the hash and the power of the network can modify the blocks, the transactions, the data.
That's what you're really doing.
With your financial support and the funds you've already earned with all your bullshit. Maybe all of you should focus your energies on something really useful like cleaning the planet of its plastic. Building hospitals everywhere. Schools everywhere possible. Create arts centers, sports centers.... Dedicate your time to help the most needy by doing something yourself, like serving food at the soup kitchen 4 times a week, or helping your family and the family of strangers and thus putting aside your greed, selfishness and stinking sarcasm that stinks of the unhealthy theatre of operations. This can have the effect of bringing you down to earth and regaining a touch of humanity. Helping the world is a fundamental that Satoshi believed and is certainly not that monkey wearing red socks.
What happens really if protocol gets locked down ? Do we still cheer and fanboy for tcp/ip dev teams ? The goal is to undeploy core / abc whatever dev team in power wake up baby |
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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solosequenosenada
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February 04, 2020, 12:54:20 PM |
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Now we have 3 chains, which one is Satoshi's " VISION"? The real vision i mean...  |
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fratoshi
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Activity: 294
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February 04, 2020, 01:22:07 PM |
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Block 620588
Hash 0000000000000000001f1138de22b9df4d6966d3ea209541a7a11035955c6bad
Mined on 2020-02-04
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nutildah
Legendary
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Activity: 2982
Merit: 7968
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February 04, 2020, 01:32:54 PM |
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Now we have 3 chains, which one is Satoshi's " VISION"? The real vision i mean... Can I ask where you grabbed this screenshot from? It looks like Blockchair but I can't quite find it. |
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