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?
Miners value things in multiple timescales and they are clearly signalling their valuation by not going back to BTC despite being 500,000 exahashes ahead.
Ok, I've written up a public document with some overall goals and some specifics - https://medium.com/@freetrade68/member-css-project-99bdd622314b - further chat on pm at twitter?
Yes, we both are probably more active on twitter and twitter does have DM functionality :)
Yes, initially I had copied the hacker news HTML and CSS but I think it's a good idea to replace with a better HTML structure too.
Good. I am fluent in CSS2/3, HTML4/5, XHTML1 and used to working with user interface design. Let's talk design goals / vision so I can better translate idea to reality.
antpool.com hash charts show that some of their hashing power is still ploughing through on BCH though, i wonder for how long. And all of that for mining empty blocks?
The next step in insuring victory in the hash war is to keep your hash equal such that the price does not recover to profitability for your opponent. Both sides will od this.
I don't see how that is possible given the checkpoint defense set up on ABC.. if you understand how please explain
It is still possible to mine an empty block chain from the checkpoint and forward. I still don't think they have the hashpower required to do it, and the incentives are misaligned.
How does DSV aid this goal? Or is the goal of BCH to become world money and world smart contract platform? I don't recall reading about the latter part in the white paper..
By allowing more control of how to use your own money, thus making your money more useful.
Bitcoin is programmable money - DSV is just a way to program that money.
All this fork bullshit has me sad walking around in my bitcoin cash shirt today knowing in a few days there might not be a bitcoin cash. Only Bitcoin ABC and Bitcoin SV.
Why are you already sad? CSW said he would drag the war out for 2 years if needed. That is equivalent to this outcome, so was to be expected, was it not?
Very very confused. Coinex says my BCH is BCHABC. Then where is my BCH? Who told them to turn into BCHABC ? Polionex has 3 coins: bch, abc and sv. SV is winning the hash war but it has small value compared to abc.
Epic Bitcoin Crash
Today the price of bitcoin lost over 10%, it plummeted by $1000. Chris Karabats and I chat about possible causes and future price movements.
I guess that fear of volatility is a driving factor here. As the BCH hashwar escalates BTC might trigger another fee event and bot trading acts on such data without understanding it.
I'm currently working on a redesign of the identity manager to include wallet functions, so that I can showcase functions that relate to it without needing to rely on an external wallet for support.
Recovering stale coins is FUD. He means that decades from now, Moore's law will eventually make it financially feasible to brute force "mine" keys encrypted with current algorithms.
There are more than one way to handle that scenario. One could very publicly "sunset" (to use his own words) the systems and then lock them down.
how removing anonymity?
P2SH wasn't part of the original, so it makes sense. All the other things don't make sense at all.
How has not been specified. Just a clarification that they want pseudonymity only because anonymity enables lawbreaking and they want to build to cater to current law.