Memo - Zhell's Profile

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Zhell

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BSV added almost zero extra code and didn't change any of the underlying fundamentals. I don't see how SV is "the fork of". Without fundamentals, branding is irrelevant.

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Zhell

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Fivebucks

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The Fivebucks BSV transition is complete.

- 0-conf payments are much faster (thanks to MB)
- All user balances were converted to BSV
- Withdrawals are active

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Zhell

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My biggest takeaway from Thursday's meetup was the feeling that this movement is still in it's infancy. If you understand PoW you're in the tiniest minority. Perhaps less than 10,000 people on Earth really get it.

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Zhell

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Reload

How will the power of mining nodes change once all the Bitcoin has been mined? Also, how will the power of mining nodes transform as the block reward becomes less and less?

If there's not enough transaction activity on-chain generating many small fees in balance with frictionless value exchange utility etc. Bitcoin will die.

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TheWildCard

what is it about PoW that is so confronting?

I think that it has a transcendent Truth to it. Something that reveals the human condition. The truth hurts like hell and we think killing the messenger will make it go away.

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