/biz/ - Business & Finance

“Infrastructure Funding Plan for Bitcoin Cash” by Jiang Zhuoer (BTC.TOP) https://link.medium.com/TsmDQWPOs3

>The chief architect of the Chinese ‘reform and opening-up’ policy–Deng Xiao Ping has three famous insights: Cat Philosophy, River Philosophy and Non-debate theory.

>I think Deng Xiaoping well said. Nobody is the Omnipotent God. “When you debate, everything becomes more complicated and it wastes time. Nothing can be done. Don’t debate, and just try, be brave and experiment” This debate has been long enough, instead of continuing this pointless debate, why not give it a try.

>Therefore, various major BCH mining pools (BTC.TOP, Antpool, BTC.com, ViaBTC, Bitcoin.com) are preparing to implement a 6-month short-term donation plan. This plan aims to provide sufficient funds for BCH developers to accelerate the BCH development before the upcoming bull market in 2020–2021/22.

>To ensure participation and include subsidization from the whole pool of SHA-256 mining, miners will orphan BCH blocks that do not follow the plan. This is needed to avoid a tragedy of the commons.

The utter state of cashies! LMAO

>>16813390
>LN makes mining irrelevant. There will be some miners sure, but the majority of the action will be running a LN node. PoW is wasteful anyway.

bahahahahahaha

and what makes you think it will be profitable to run a LN node?

https://www.trustnodes.com/2019/08/20/guy-makes-20-a-month-for-locking-5-million-worth-of-bitcoin-on-the-lightning-network

Do BSV haters actually think the court case is a criminal trial for pretending to be Satoshi?

Hilarious

>>16793244

kek this fucking timeline

https://blog.dshr.org/2020/01/bitcoins-lightning-network.html?m=1

>spend $1000 to open 3m dollars worth of channels
>only make $20 a month
>the only liquidity providers making money are the ones matching on chain fees

>>16734923
>>16734938

Social climbing. Who do you think started the Gym Friend meme?