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2209d · Bitcoin Cash
If you want to understand better the ABC upgrade and why it's the only reasonable proposal currently:
BitcoinHoarder
replied 2209d
Great group, better than SV on technical merits. However, they are not wooing over enough miners. If they can’t win over the hashpower, they won’t advance their agenda. That’s it
En Fri Mand
replied 2209d
This is a tricky subject. I think hash power won't win in the end if the users will pay more for a ABC coin. We saw this with BTC and BCH. History will repeat itself I think.
BitcoinHoarder
replied 2209d
You can block all the transactions on the minority chain. No transactions = death.
En Fri Mand
replied 2209d
Hm yes. Interesting. So forcing people to want SV is what I'm hearing.
BitcoinHoarder
replied 2209d
I was forced to want Core for half a decade. Point is, BCH is NOT the team working on it but the ecosystem and the miners are the defenders. Don’t have soldiers/miners, you die.
En Fri Mand
replied 2209d
good point you're making there. interesting to see the reaction of jihan and co. respect to craig and calvin for putting money behind their words.
BitcoinHoarder
replied 2209d
You put it well. Put their money where the mouth is is exactly what this is about.
replied 2209d
SV is late to the game and nchain is spouting continuous nonsense about CTOR and DSV. The proposal agreed on by ABC, BU, XT, etc. has momentum so let's just upgrade and move on.
replied 2209d
When there is a great reason to have a hash war, then sure. But now? There is nothing worth fighting over. This is manufactured controversy. None of the changes are worth a split.
BitcoinHoarder
replied 2209d
I’m content with both implementations. I’m NOT content with miners that are wishy washy and lack a spine. That is what destroyed BTC. ABC miners are disloyal and will abandon.
replied 2209d
Calvin could mine ABC as easily as SV. It's two separate issues.
BitcoinHoarder
replied 2209d
It’s a different situation. Hashwar will destroy one coin literally. That’s why CSW said “there will be no split.” We didn’t have BCH/BTC hashwar but I think it’s next.
replied 2209d
Right, you can pay more for the ABC coin, but it won't be delivered.
En Fri Mand
replied 2209d
what do you mean? ABC = BCH or the ABC chain will be killed?
replied 2209d
ABC chain will be killed
replied 2209d
Any block that has ABC specific transactions in it will be orphaned, these transactions won't ever be confirmed.
replied 2209d
It shows even more the contrast between ABC and SV. ABC has boring tech and math talks while SV has mostly propaganda behind it. Doesn't it sound familiar to you?..
replied 2209d
The comparison between Core and SV are more apparent than ever before: SV like Core has little to offer on technological grounds, they are mostly busy spewing slogans and ad hominem.
replied 2209d
ABC here talk 100% about their work and not about "Satoshi's Vision" (sounds fmailiar?.. "We are all Satoshi!" was part of Core's Proof of Propaganda).
replied 2209d
Oh, there are differences. Core had A LOT to offer on technological grounds to destroy BTC.
BCH
replied 2209d
Don't forget that they also block anybody on social media that do not agree with their "Satoshis Vision". Creating another walled garden much? Doesn't it sound familiar to you?
replied 2209d
Censorship has pluses too, you don't have to think for yourself and everything is handed down to you.
BitcoinHoarder
replied 2209d
It’s too bad that Jihan and Haipo can win but they don’t fight based on principles (hence how Core won). BCH miner fight based on principles so they will fight till bankruptcy
BCH
replied 2209d
Nov 15 miners will choose a chain that they'll work on. I can;t wait to see what is going to happen.
replied 2209d
I am extremely impressed with JToomim's knowledge. He is right, he needs to stop mining and start full time developing.
replied 2209d
He's helping with developing like any full time dev by providing with valuable data analysis.
replied 2209d
That is great news, he is very valuable to the community IMHO. He articulates his points and his stance clearly and without mincing words.
replied 2209d
Having known a few scientists, he looks like he's really just out there to advance his field of knowledge.