Hey why is ABC hashrate still so high despite being 140% more profitable to mine BTC? SV's rate is low to match the price...why not ABC? Are they....scared?
Bitcoin SV chain just got re-orged: https://forkmonitor.cash/
#CoinGeek share of mining has grown to 58.33% for the SV. Are others leaving or did they buy more miners?
Okminer, GMO and rawpool are not around - only thing i noticed is when CSW was asked about rawpool he said they are on BTC, waiting for a time to come and make profit
Isn't it more like "to each its own" - do with it as you wish?
Sure if you want to create another cryptocurrency, not change the base protocol. i feel a whole industry will emerge from customizing offensive/defensive mining software for companies
While everyone wants instant gratification from the hashwar SV will bleed ABC out...they cannot sustain this hash forever. Meanwhile SV keeps building organic support waiting to strike....
I am in this for the long-term. building real wealth, not some quick, cheap self-proclaimed victory. those who understand this will profit. if you can read btwn jimmy's words this is the play
He doesn't give a shit about world money, fucker is mining empty blocks on BCHABC....just like he did during the stress test on 9/1. He just wants a bunch of altcoins so he can keep making $$$
Where the fuck was Jihan last year when BCH split from BTC? He sure brought some hash this time to stop CSW to make sure we got another split. Should be clear what his true motives are
Bitcoin was not made open source so developers could screw around with the base code and protocol, but so miners could customize on top of the client to compete with other miners.
Why didn't the miners just force a hardfork on the chain against Core?
immediately hardfork to uncap the block size. then start destroying every other SHA256 chain. ryan charles and vin have touched on this in recent videos. should be long term plan
Why didn't the miners just force a hardfork on the chain against Core?
Because they have no idea how the system works. if they were smart they'd attack BCH and force everyone back onto their chain. if they were smarter theyd reject segwit blocks and...
Didn't Craig show some plan to block the changes that the core team wanted long before the split? If memory serves, it was a hashpower based approach.
Per his words, he tried to join forces with Jihan but Jihan did not go along with it, thus SegWit was implemented
Any rational ABC supporter SHOULD really be preparing how to double spend and reorg SV chain. But alas, most can't fathom this. "Attacks are unethical and immoral!"
Lol. Just continue your PoSM and get rekt on 15th.
Yup. they need ~67% of current BCH hash rate though - the bar has been raised. miners need to consider this stuff, they can no longer sit and just passively try to make money
Getting more than 51% is the correct move. Attacking minority is the move CSW SHOULD do. Most ppl just think it's bad, when it's not.
Exactly. one chain preserved is in everyone's best interest.
Do you have any information on who funds Bitcoin ABC?
No one has any hard proof i've seen, only speculation. given ABC's devs public attacks on SV devs, but when asked silence some infer they may work for Bitmain. who knows.
1 CPU/Dollar risked == 1 vote. this is not at all like blockstream subverting and capping the ballsacks of the BTC miners. this is miners finally understanding their role in this system
There's no 'attack' on BCH. Miners fight for the chain, and miners can only be 'attacked' if they allow it. This narrative of a takeover is bullshit. we are all capable of fighting. buy miners
Are you suggesting that we want to have block propagation orders of magnitude more expensive than it needs to be? Current clients are stupidly inefficient compared to what is possible.
I'm suggesting I dont think a fix for it should be applied to the base protocol. im all for client improvements, just not base fixes that level the playing field
Not to mention the obvious (and very cheap)DoS attack vector. Am I the only one who thinks this?
I'm curious about the DoS attack, could you explain?
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That's another reason why I'm suspicious of ABC being a Trojan horse. CTOR looks real segwitty
You are wrong. The price will only move up if there is a buyer willing to pay a higher price. Maybe some were buying to run the stress test. ST coins may not be sold back into market.
I agree with your 2nd sentence. the idea is that you buy and use as medium of exchange and never sell back to fiat. people late must pay higher price, but are buying into the system
