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Metalbrushes_Tattoo
replied 2295d
En Fri Mand
Unless there is damage done as a result of CTOR. I mean sure it can likely be removed if it turns into a bad idea but what effects will b left over as a result of it being a bad thing?
Sk8eM dUb
replied 2295d
The major problem is when you hard fork it in as a required thing, then it doesn't work/it causes problems and you revert back. That's two hard forks that businesses have to navigate.
Metalbrushes_Tattoo
replied 2295d
That makes sense. Thanks
Sk8eM dUb
replied 2295d
A big motivator behind CSW's "lock the protocol" rhetoric is that SBI has a bunch of things they want to do with BCH but they're worried a hardfork is going to wreck their business.
En Fri Mand
replied 2292d
What do they want to do?
Sk8eM dUb
replied 2292d
Something like a BCH version of the stock market using tokens in place of shares. BCH payment processing/fiat conversion for vendors. ATM integration. Remittances. Lots of stuff.
En Fri Mand
replied 2292d
wow.. that would be huge for bch if they implemented that :O
homopit
replied 2292d
It is not exactly right. SBI plans to use XRP for all of those things, with BCH as a settlement layer.
Sk8eM dUb
replied 2292d
Major roadblock is ABC wants to hardfork every 6 months which means theyd have to patch all their software or possibly scrap entire projects. Also they're extremely suspicious of China
En Fri Mand
replied 2292d
suspicious of China - how?
Sk8eM dUb
replied 2292d
So there's definitely a geopolitical aspect to the ABC/SV split that a lot of people are overlooking. Personally I consider China to be just a super massive version of North Korea.
Sk8eM dUb
replied 2292d
Also, China is basically straight fascism these days. It's "capitalist" but the government picks all the winners and losers. So bitmain is a really big question mark to Japan investors
En Fri Mand
replied 2292d
Interesting 😬 never heard or knew that the government in China chosed this 😐
Sk8eM dUb
replied 2292d
They're extremely good propagandists. Communism and lying go hand in hand I guess. There'd be no need for censorship(the great firewall of China) if they didn't have anything to hide.
En Fri Mand
replied 2292d
That's correct. That's often a good indicator. So the BTC guys are actually right that BCH is 'China-coin'?
Sk8eM dUb
replied 2292d
That would be the "pot calling the kettle black". China is interested in manipulating all major currencies and commodities. Anything that threatens them or gives them more power.
Sk8eM dUb
replied 2292d
Well for one, they make no bones about price manipulation. They been doing it for 70 years so why would crypto be any different?
homopit
replied 2292d
All development groups agree on that schedule. Blaming ABC now is of no purpose. Also, SBI plans to use XRP for all those things you listed, with BCH only as settlement layer.
En Fri Mand
replied 2292d
Do you think XRP is better suited for the purpose? I am thinking why not they just use BCH exclusively.
replied 2292d
Yoshitaka Kitao <-- very interesting man.
Perhaps XRP was seen as a solution initially,
until something greater arrived?
https://bch.gg/d0
En Fri Mand
replied 2292d
Could be possible :-)
homopit
replied 2292d
All development groups AGREED on that schedule.
En Fri Mand
replied 2292d
Exactly. It was actually BU's idea.
En Fri Mand
replied 2295d
I completely agree we should lock the protocol. That will secure bch
replied 2295d
How much of the original bitcoin "script" is currently enabled on BCH? Core disabled a bunch in the process of crippling bitcoin.
Metalbrushes_Tattoo
replied 2294d
That’s a great question, I would like to know this too. I know a lot of the op code were re-enabled with the last update in May or whenever that was 🤔 DOA was changed too
homopit
replied 2294d
I do not agree. Locking down the protocol would leave BCH in the dust.
Xib
replied 2294d
How exactly would it leave it in the dust? You can still code optimizations as long as you follow the protocol. The protocol is really robust and simple.
En Fri Mand
replied 2292d
Exactly. The most important thing is that BCH scales.