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1950d · Bitcoin Cash
Why does it feel like this chat discussion here is >50% about SV these days? And why is it almost exclusively bashing BCH instead of being productive?
replied 1950d
Because the more you know Bitcoin, the more likely you are to dislike what ABC has done to Bitcoin. Memo users are more likely to know Bitcoin, thus more likely to disagree with ABC.
homopit
replied 1949d
The opposite, the more you understand Bitcoin, the more likely you are to like BCH!
replied 1949d
Absolutely. And more you realized how Roger and Jihan were false advertising. Absolute frauds disregarding whitepaper completely.
replied 1949d
I find the exact opposite to the be true.
replied 1950d
ABC has plenty of room for criticism and improvement. nchain and coingeek are quickly approaching blockstream status regardless of their intentions. We keep building on Bitcoin Cash.
replied 1950d
We know each other from the early days of memo and we know we aren't sock puppets. I see that ABC creates checkpoints and rents hash, while nChain is mining on the original protocol.
replied 1948d
Checkpoints have been in the clients since forever. More frequent checkpoints is a kludge I expect to be replaced. Rented hash who gives a fuck about that red herring....
replied 1948d
... original protocol is not a holy gift. I am sad because I think you have been bamboozled. I want you guys back on BCH where we can build permissionless p2p cash for the world.
replied 1948d
Bitcoin protocol seems to be a system that is finely tuned economically & legally; ABC is reckless with its changes. Just adding DSV has a good chance of making BCH a target of SEC.
replied 1946d
Using the realpolitik language that nchain already uses, this is immaterial. If it is possible, it is possible. As loudly proclaimed by nchain many times, it is already possible.
Hurensohn
replied 1948d
Crypto IS already target of SEC. It makes absolutely no sense to want to make the SEC happy. We are already in a war: goverment vs. crypto. If Crypto wins, gov will collapse
replied 1947d
it would be stupid to taunt the SEC; crypto wins when government adopts it & is forced to play by the same transparent Bitcoin rules as you do
replied 1947d
So you would be against adding privacy features to BCH because it would mean that governments would be able to use them as well, therefore not helping with transparency?
Tone Vays
replied 1947d
I get your point, but use Jujitsu, use their energy against them. Yield to their actions and flow that energy against itself. Let them be big and strong, use that against them.
homopit
replied 1948d
Why are you repeating this DSV FUD each day? You already know it's nonsense.
replied 1947d
gaslighting
replied 1948d
.. then there is the economic changes to the miners arising from DSV. Basically fucking with the fine-tuning of the system is a recipe for disaster.
replied 1948d
.. BCH has now set a precedent of tinkering with the fine-tuning, which means that it is going to continue & likely escalate in future-forks; imo not-freezing of protocol is a no-go
replied 1949d
one week before the hashwar started, nchain more than doubled their hash. Currently they are mining with less than half (1.3Ph/s), despite claiming they would exclusively mine for BSV.
Austin
replied 1950d
Calvin rented hash as well. Also SV is definitely not the original protocol. You've been fooled.
replied 1950d
Hey there Austin. Can you tell me what SV has changed? I don't mean minor code changes but changes in the economic incentive of Bitcoin. I would like to know your thoughts.
TrashPosterInTheDark
replied 1950d
Because Nchain bought themselves a few online trolls.
replied 1950d
The real deal is BCH isn't going away, If SV should gain traction, they will both be around. By definition, they are both considered Bitcoin.
replied 1950d
ABC is keeping the Bitcoin-transaction-history, but its economic & security models are diverging; Ryan X Charles summarised it accurately `ABC is Amaury's pet-project`
replied 1950d
Ryan X Charles??? Who recently said Although his preference was SV, they are so close and couldn't be happier if ABC won? LOL.
replied 1950d
divergence of legal, economic & security models has escalated since he said that; things are different now... Amaury is changing validation-rules more often than socks
replied 1949d
can you be certaint that those rules are actually applied on the network?

Just because a developer writes code, doesn't mean miners automatically validate using it.
replied 1950d
Bullshit. The best thing for his business was no split. now that it happened he picked a side. Just like every other tool in it just for the money
replied 1950d
BCH adoption is so tiny right now that the fork doesn't matter; imo Ryan chose the conservative-side, the one that is likely to survive the incoming ICO collision with the governments
replied 1950d
Stiff. If you're looking for an echo chamber, there's always /r/btc
replied 1949d
Because Bcash (abc) is a shitcoin now.
replied 1950d
Love how you said BCH there!
Nikamoto
replied 1950d
The sv/abc debate is soooo important. We can't ignore it and just keep building things