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replied 2030d
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 2030d
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 2028d
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 2028d
... 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 2028d
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 2027d
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 2028d
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 2028d
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 2027d
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 2028d
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 2028d
Why are you repeating this DSV FUD each day? You already know it's nonsense.
replied 2028d
gaslighting
replied 2028d
.. 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 2028d
.. 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 2030d
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 2030d
Calvin rented hash as well. Also SV is definitely not the original protocol. You've been fooled.
replied 2030d
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.