Definition of spam is irrelevant or inappropriate, the stresstest is neither. The ST is showcasing BCH capacity, proving to merchants BCH does scale, this will bring Natural Velocity.
when I learned the definition of 'spam' , that was an a'ha moment, paying to transact is more like an assurance that the system functions as designed, to prove it works.
natural velocity - transactions with a currency that involve exchanges in value unrelated to speculation or manipulation of said currency. That is what I want to see.
Yeah the stress test is mostly just a proof of concept. BCH hasn't quite found its killer app yet but it's just a matter of time. Sep. 1 will prove that it's ready for that volume.
natural velocity - transactions with a currency that involve exchanges in value unrelated to speculation or manipulation of said currency. That is what I want to see.
Yeah the stress test is mostly just a proof of concept. BCH hasn't quite found its killer app yet but it's just a matter of time. Sep. 1 will prove that it's ready for that volume.
Personally, my favorite solution is to cutoff population growth immediately. Only enough children to be born to come in *just* under the amount to maintain population.
The problem of overpopulation would fix itself if we stop preventing evolution & stop helping inferior people survive & reproduce. Inferiority is not race based either.
I wouldn't think the test would have a direct impact on price. But maybe if the test reveals some insurmountable issue it might cause a crash or BCH working under full load a run up.
If it is successful it will increase the value of bch because business and users will know it is robust. If price will follow short term is a guess.
My prediction: he is going to make a lot of huff about nothing, claim he was censored, say that's proof of centralization and core minions will eat it up as gospel. Meanwhile, BCH users unaffected
At what value ($USD) would you stop caring about BCH?
I'm not interested at BCH value. I'm interested at getting my ways without banks. And BCH works just fine at any price so your poll does not apply to me.
I'm pleased to announce that the Tokyo bitcoin meetup will be hosting a stress test day party! We're going to put https://txhighway.com/ etc. up on the TVs and buy beers and stuff.