You're a BCH supporter, so you aren't afraid of Bitcoin having a massive blockchain, but Ethereum's means it can't scale?
kittykats thing proved it couldn't scale
scaling is critical.
it will solve a problem for most internet architectures
google,
facebook,
youtube,
netflix
alibaba
DHL
amazon
etc etc etc
a 2nd layer) needs to compete with the smart contract capabilities of ethereum is going too far. Let the money be money.
How funny,
that's the money button :)
Lol, what? The MoneyButton is not a smart contract layer.
it might become one as a token,
early days.
Depends where you're thinking from.
The utility of each block will serve purpose as money,
A system that enables functions increases the value
money is value is money.
Kitties didn't prove the network couldn't scale, just that the network wasn't yet ready for that much traffic. The concept is exactly the same for BCH - its a matter of blockchain size
It also proved gas is expensive.
BCH and ETH are completely different systems,
the two don't compare.
Bitcoin is built to scale
with big blocks,
that's what is being proven now.
*expensive for microtransactions
Which for me,
is the one of the main tasks of peer to peer ELECTRONIC cash
... people, thinking
to make a much needed resource economically viable.
Ethereum was never supposed to be electronic cash, people just use it as such because its easy.
Be a BCH maximalist all you want - so am I - but don't bury your head in the sand.
pulled my head out of the sand, heard this:
&feature=youtu.be
"casper's coming
serenity
new ways to govern.. "
and stuck it back in deeper.
Lol, great point! I guess I will just drop all logic and reason in favor being guided by your personal jests!
logic?
reason?
I must have missed something.
with my head so deep in sand it's hard to hear you,
were you saying ethereum will eventually be able to scale??
I know you probably read a tweet from CSW bashing ETH, combined with Ryans tweet yesterday about MoneyButton being a 2nd layer - it is, but not for smart contracts.
at the meetup I learned about opcodes SV will be (re)introducing
OP_MUL, OP_LSHIFT, RSHIFT increase range of numbers
increase capabilities 4 smart contracts.
Will be interesting.
to
no, I didn't.
have been busy with Melbourne's BCH meetup and the stress test,
what did I miss?
Craig just likes to make similar unfounded claims about Ethereum and BCH smart contract capabilities (though I suspect he knows better, and is seeking attention / pushing his agenda).
Oh, so you're not a fan.
BCH will have to demonstrate why he's such a pain in the arse then.
I don't like or dislike Craig. Don't know him.
I do, however, evaluate the claims people make based on evidence, and don't just listen to everything someone says because I'm "a fan".
is bitcoin not evidence enough to substantiate claims?
No. Saying "look at Bitcoin" is not enough to substantiate his wild claims.
Pretty harsh, I see bitcoin as a solid proof of work to be proud of.
What are you even talking about? I see Bitcoin, the internet, and ice cream as accomplishments humanity should be proud of, but that doesn't make the random nonsense CSW says correct.
Yes, in the exact same way that BCH does...
BCH= Memo, Yours, CoinText, EatBCH etc...
ETH= Cryptokitties and smart contracts?
BCH = memo, yours, eatbch, oyo, bookchain, bitdb, smart contracts, memobutton, moneybutton, memochicken, cashport, handcash, keyport, mattr, bitsocket, bitquery..
ETH = terminally ill
BCH = smart contracts
mortgages,
births
deaths
marriages
shares
people to people
people to machine
machine to machine
supply chain
gambling
privacy
secure, smart, contracts.
= dETH
I agree that Bitcoin protocol itself is the best place for most basic financial contracts (like Satoshi first envisioned). However, the idea that the BCH protocol itself (without...
That includes blockspace efficiency, which is the ultimate scaling bottleneck for both coins.
That's what the stresstests are (also) for,
increasing blockspace efficiencies.
The work2 improve bitcoin is being done
in a way that serves business.
I don't hear that for ethereum.
Unless you change the base protocol or go 2nd layer, Bitcoin (BCH) isn't going to touch Ethereum's smart contract functionality, efficiency, or incentive model.
