It's even more sad that the people who said that "only miners (and haspower) matter" didn't respect the outcome of the haswar (clear winner=BCH) and choose to follow minority chain
How does one "win" a bitcoin hashwar by becoming ANYTHING BUT BITCOIN? (beats me) but some retards out there seam to think it is the way to go. Bitcoin SV wins by default.
It's even more sad that the people who said that "only miners (and haspower) matter" didn't respect the outcome of the haswar (clear winner=BCH) and choose to follow minority chain
Sorry what!???? If you implement checkpoints (so that you can safely stop renting hash power)... you just surrendered the "hash war" by royally fucking over the bitcoin protocol...
High guys. Here's a nice python3 bitcoin cash library ported to bitcoin sv
https://github.com/AustEcon/bitsv also added some ease-of-use op_return functionality. Enjoy :) Available from pypi as "bitsv"
It's what you get when king shitlord gets to make all the changes he wants to the code...you get an avalanche of shit falling down on everybody. (Alalanche = pre-consensus)
Where? Where did he talk about this?
on twitter. He released a statement. Go and follow ryan x charles and money button and you won't have to scroll down far. None of the SV crowd use reddit anymore. r/btc is all ABC now
WHAT? FUCKING... FUCK YOU RYAN.
He apologized and un-banned those few people who to be honest were saying some pretty damned retarded shit... but now they're free again to spread more retarded shit I guess.
The #fuckingcapitalists tricked you into the dystopian economy they tried to scare you was a communist plot. Fuck them.
No... that's crony capitalism. i.e. state interference in the economy. i.e. socialism / communism / violation of person and property rights. Don't confuse the two. Capitalism = freedom
The way SV fans popped out of nowhere is similar to how Blockstream took over - the "contention" is purely manufactured in social media, only this time they also put a lot of money in "hash power".
Don't be fooled.
Oh bollocks. SV supporters have always been there it's just that we used to go by the name "bitcoin cash". "SV" is just a recent name for the real bitcoiners.
No they made the chain more secure, and Economic incentives? You are good at making shit up.
You publish the 10 blocks right at checkpoint time and 50% of network go with the 9 original blocks and it gets checkpointed by some ABC nodes and the other 50% checkpoint the reorg
No they made the chain more secure, and Economic incentives? You are good at making shit up.
more secure? REALLY???? With only 10% of nodes accepting the CPs every 10th block it is an almost certainty to cause a permanent chain split if publishing 10 empty shadow mined blocks
They ruined their reputation preventing an attack on the BCH chain? LMAO. You are a douche.
No they ruined reputation by destroying the security model and economic incentives in bitcoin. They could have prevented an attack with hash power - instead they corrupted it all.
Yes because one guy owns it. That's the CSW chain. The guy creating money for the world with 400 patents purpose is just to sue everybody. That's why he will mine at 0 for years.
That's not how this works. Calvin has most hash by far anyway. There are about 10,000 mining nodes on SV... that's not one guy... and the consensus rules are now set in stone.
CSW is all talk no walk. That's nothing new.
What?ABC just ruined their reputation adding checkpoints to prevent his and Calvin's reorgs... He's done us all a service by shining a spotlight on ABC camp and their lack of integrity
Honestly I really don't care. I will hold both coins from the split. Both coins will be fast, cheap, and reliable. I favor BCH because CSW is a douche. I could careless about the tech
Classic NPC focused on the personality of ONE GUY. This is about the consensus rules. The performance issues can be worked on independently without any hardforks EVER.
Seems mighty unlikely since SV will have to reorg 685 (557452-556767) blocks since ABC's checkpoint checkpoint
Shadow mining attack... because he can't really know how close on his heels Craig is... maybe Craig's just mining BTC at huge profit whilst Roger burns $. Will attack later short reorg
Seems mighty unlikely since SV will have to reorg 685 (557452-556767) blocks since ABC's checkpoint checkpoint
2/3 so basically Craig and Calvin lose $ mining at a loss. But Roger loses money mining at a loss AND has to pay a really high premium to do it... and cannot titrate it to match the
Seems mighty unlikely since SV will have to reorg 685 (557452-556767) blocks since ABC's checkpoint checkpoint
Hard to say really. With BTC much much more profitable to mine. Roger is spending a fortune to rent hash (must pay to make them whole again...) Whereas Craig and Calvin own theirs
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?
Yes they are scared. The SV hash is not visible, shadow mining empty blocks to re-org ABC so they need to have a very high (above equilibrium) hash rate to prevent a deep reorg.
he is subsidizing them out of his own funds I would guess. He can borrow the hash form himself but has to pay the miners the return they would have got mining BTC.
... an important distinction because a lot of those cloud miners may not just be in it for pure $$. Many may strongly care politically about where that hash is directed --> violated
he is subsidizing them out of his own funds I would guess. He can borrow the hash form himself but has to pay the miners the return they would have got mining BTC.
2/2 But if it wasn't locked in the contract that he can re-direct the hash power at any time / or short notice of 24 hours... that's wrong and a violation of property rights / contract
he is subsidizing them out of his own funds I would guess. He can borrow the hash form himself but has to pay the miners the return they would have got mining BTC.
Oh right. Well if they are being fully compensated AND IF it was all fully locked in legally with terms and conditions in the contract, I guess that would be different.
Re-orgs aren't an issue, having two separate chains is what needs to be dealt with.
Reorgs that contain all of the exact same transactions do not impact user experience. Only miners lose out on the block reward for getting orphaned - an incentive to upgrade tech
Basically the txns between the checkpoint and when the re-org chain emerges will be frozen in time until ABC can pump their minority chain back to life. It will be a total cfusterfulk.
LMAO... exactly! Like Roger doing fucking CPR with more stolen hash... but I don't think he'll have many btc cloud mining customers after pulling that shit on them! laughing so hard!
The solutions seems very simple. Drop support for unified coin, and start supporting Bitcoin Cash (BCH) again. As soon as somebody send everybody 1 sat
Integrity here... ABC showing they will compromise their moral integrity over and over and over again... "desperate times call for desperate measures" I guess... (no different to govt)
The solutions seems very simple. Drop support for unified coin, and start supporting Bitcoin Cash (BCH) again. As soon as somebody send everybody 1 sat
Stolen btc hash by roger... then hurpa durpa checkpoint to lock it down... redirecting / changing protocol to "defend" against txns from stresstest. Only one side is compromising moral
