/biz/ - Business & Finance

>>10339844
This is just the beginning

>>10339844
>>10340054
>This is just the beginning
of the end.

>>10340075
>>>10339844 (OP) #
>>>10340054 #
>>This is just the beginning
>of the end
of Bitcoin Core.

>>10339844
*block your path*
nothing personal btrashies

>>10339844
It's not your fault

>>10339844
Is already to damn fucking expensive Anon have you notice how many blockchain projects are created monthly?

>>10340109
This right here. ERC20 tokens are ideal for currency since they can stay decentralized and fairly distributed while reaping the benefits of the Ethereum network's speed, security, and relative ubiquity.

Corecucks and cashies are deluded to think that somehow having their own (inefficient and bullshit) blockchain adds any value to their coin.

>>10339844
you're gonna make it senpai
we all are

Why the fuck is BCH trying to be ethereum with this colored coins shit?

>>10340960
Beacuse Ethereum and ERC20 is shit and not secure at all.

>>10339844
>44
yes its the end, only good times ahead

>>10339844
LMAO BITCOIN TRASH

>>10342819
meant to post link https://txhighway.com/#
BTC always wins

>>10340960
tokens are a good way to ensure adoption. once a company have tokens on your crypto its unlikely they will change later as long as everything works

BCH would win over ETH for tokens/colored coins because it is much simpler and does in fact scale due to that simplicity. meanwhile ETH will probably just slow down more and more (or they change the system to basically just be a bank).

>>10340960
>why is bch trying to consume everything else wtf stop being what your not
and this is retarded groupthink is why bch is still undervalued

BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH

>>10343467
sprintcars are cool!

what even is bitcoin cash?
i see it on coinbase but idk what it is

>>10343758

>>10343783
for years there have been disagreements on how to scale bitcoin. some people want to scale on-chain, some people want to scale off-chain (with second layers).

last year the issue came to critical mass and bitcoin cash was born. its goal is to scale by improving how bitcoin itself works (with a hard forks twice per year), the other bitcoin (BTC) wants to scale by adding solutions on top without changing bitcoin itself

>>10340960
Because the entire point of Bitcoin was to run everything on it.
Why give away use cases to competing coins?
A single network/coin is more secure than many smaller ones, simple irrefutable fact with PoW mining.

Bitcoin was not destined to destroy banking.
Bitcoin was destined to destroy all competition.
Including other cryptocurrencies.
Compete or die.
This includes BTC.

>>10343783
satoshi left bitcoin and gave the github to gavin andresen
gavin andresen then had his github access revoked by developers he had given access to
the scaling argument is manufactured by blockstream a company funded by mastercard and AXA amongst others
blockstream believes on chain scaling (no block limit) is unacceptable as it makes running a non minining node more expensive, which centralises control of the bitcoin protocol. This is incorrect because bitcoins consensus is reached through proof of work, non mining nodes have no ability to do work and therefore have zero impact on on consensus
limiting the blocksize means adoption is limited there can never be more than 10mb of transactions per 10 minutes with a 1mb cap
small blocks clog up the memepool making transactions slow
limited block space, increasing demand and the replace by fee rule mean fees sky rocket
blockstream CEO samson mow has stated blockstream will look to profit off
providing sidechains for bitcoin, limiting on chain space high fees and slow transactions on bitcoin is a way of forcing people onto sidechains, alt coins and second layer solutions like lightning

bitcoin cash is described the the whitepaper https://bitcoin.org/bitcoin.pdf

>>10343921
> never be more than 10mb of transactions per 10 minutes with a 1mb cap
never be more than 1mb of transactions per 10 minutes with a 1mb cap

>>10340075
Based Nick.

>>10340960

Bitcoin was suppose to be everything, expect a shitcoin - which it became with segshit and 1mb blocks

Damn guys, who do do the Chinese support?

>>10344160
btc has a higher percentage of chinese hashpower than bch

>>10343921
>gavin andresen
Isn't that the guy that thought Craig Wright was Satoshi?

>>10344206
Its the guy who supposedly got shown proof of Craig Wright claiming to be satoshi, he confirmed that the evidence shown was legit but we can only take his word.

>>10344206
yes.
the person that satoshi gave the bitcoin github to thinks craig is satoshi
https://www.youtube.com/watch?v=pNZyRMG2CjA

Fuck this piece of shit. Its done absolutely nothing but shit the bed after it got listed on coinbase. Fucking scam

>>10344360
who knew a coinbase listing is a deathknell

>>10344254
Funny how it's been two years and yet no proof of craig being satoshi came up.