/biz/ - Business & Finance

>>52954983

Base layer transactions
Big Blocks
Proof of Work
No-Premine

I dunno if you have ever seen those videos of the BTC lightning network on BTC where they send BTC to people from one person to another 5 times in a minutes. BSV can do that right now on the Base layer. The problem with using a second layer is that it's a third party who who have to trust.

So to me it is laid out in the first page of the white paper.
BSV can do 18606 transactions per second, right now on the base layer and every coined was earned through proof of work. Visa is 20,000 transaction per second.

The picture is from February 7th 2021
Today that 2,847 TPS is 18,606 Transactions Per Second
I'd say they are doing what they promised.
Come be part of it.

The BSV Centbee Wallet let's you buy gift-cards right in the wallet instantly.
Buy a Gift card with BSV instantly, show the QR code and walk out of the store. Takes seconds.

https://www.centbee.com/shop-feature/
https://apps.apple.com/us/app/centbee/id1420464113?ign-mpt=uo%3D2
https://play.google.com/store/apps/details?id=com.centbee.app&pli=1

Here is a list of the Giftcards in the US.
https://www.egifter.com/buy-gift-cards-with-bitcoin-sv

There are many more in different countries and they are accessible right in the wallet.
I have no financial interest in Centbee. It started in South Africa to allow people to not carry around cash and to be able to run their own business and get paid in their phone.

That is the whole essence of peer to peer Digital Cash

>>29841221

>>29315099
and what are they doing right now ?
Mastercard is rolling out a way for you to use your bitcoin instantly with Mastercard.

>>28765677
>but that's bullshit. lightning doesn't have to solve double spending
Are you on drugs ? Hope you are not a business that doesn't get a double spend on lightning.
A Double second on lightning breaks it all. NOT relying on a third party to mediate a Double spend is the entire reason Bitcoin was created. It's right in the intro to the Whitepaper

>>28590930
Every new layer relys on trust and a third party.
One double spend on a second layer can screw the entire network.
Other coins can do whatever they like but Bitcoin's protocol is set in stone.
Trustless and no third parties.

>>28564721
BTC is in no way shape or form Bitcoin.
Segwit stripped the signatures and lightning gives a third party control over a transaction.

"What is needed is an electronic payment system based on cryptographic proof instead of trust, allowing any two willing parties to transact directly with each other without the need for a trusted third party. Transactions that are computationally impractical to reverse would protect sellers from fraud, and routine escrow mechanisms could easily be implemented to protect buyers. In this paper, we propose a solution to the double-spending problem using a peer-to-peer distributed timestamp server to generate computational proof of the chronological order of transactions"
--Satoshi Nakamoto (Bitcoin: A Peer-to-Peer Electronic Cash System)

All this along with not raising the block size all equal it IS not Bitcoin.