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/biz/ - Business & Finance

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13355038 No.13355038 [Reply] [Original]

Just announced on its roadmap page, BSV will have 2GB blocks this July and an unlimited blocksize next February. It was previously expected BSV would only upgrade to 512mb later this year. However, thanks to the recent succes and the 128mb cap getting reached with organic use (thanks to sites such as the early Instagram competitor site https://bitstagram.bitdb.network/)) the team behind BSV has decided to increase the blocksize more quickly. This comes as a very pleasant surprise to anyone who is a fan of unlimited scaling!

Source: https://bitcoinsv.io/2019/04/17/the-roadmap-to-genesis-part-1/

>> No.13355052

>>13355038
yeah uhm sadly no one wants bsv anymore.
see you at 0.005 btc!

>> No.13355059

>>13355038
>still posting about bsv like anyone cared in the first place besides retarded pajeets

>> No.13355071

Wow, a whopping Instagram competitor on the blockchain. Because what's better suited for storing pictures of thots than the blockchain, right? I mean, server space is so expensive these day.

>> No.13355074

>>13355038
>owner of Bitcoin SV project

Is that how crypto is suppose to work?

>> No.13355076
File: 821 KB, 607x609, 1551233921232.gif [View same] [iqdb] [saucenao] [google]
13355076

WHOOPSIE-DOODLE! THERE WAS A MIX-UP AT THE BITCOIN FACTORY!

WE MADE THE BLOCK SIZES WAAAAAAAAAAAAY TOO BIG! AND THE OWNERS ARE F-F-F-F-FAGS?!!!

>> No.13355090

>>13355038
I love how software updates in the blockchain industry consist of the variation of one fixed variable

>> No.13355122

>>13355090
Aside from fixing bugs, there doesn't really need to be much else going on besides increased scaling.

>> No.13355128

>>13355038
Jesus Christ this is so stupid in so many levels

>> No.13355140

I have an idea: let's store absolutely everything on the blockchain. Video, music, torrents. Isn't this what the blockchain was invented for, after all?

>> No.13355236

>>13355140
that's the plan and much, much more

>> No.13355253

https://whatsonchain.com/block-height/578386?limit=10&offset=0
83,000 transactions in a single block
btc and bcash btfo

>> No.13355279

>>13355236
>and much, much more
True, there's a strong need for safe space for CP.

>> No.13355454

>>13355038
>bitsgram
competitor to instagram oh vey you goys are beyond help

>> No.13355473

What's BSV? Can't see it on Binance

>> No.13355907

lol 2GB will take at least 1 minute to fully propagate through the network, probably more

This is your absolute minimum transaction speed. bigger block != faster

>> No.13356024

>>13355140
this is truly the essence of "peer-to-peer electronic cash"

>> No.13356059

>>13355038
So happy that someone is sticking to the original bitcoin protocol as outlined in teh whitepaper. BSV is so fast and good & CSW is the smartest creator in the space. Very happy that they have decoupled from teh scamchanges as well!

>> No.13356203
File: 99 KB, 720x720, 0fucks.jpg [View same] [iqdb] [saucenao] [google]
13356203

>>13355059
If the people who care about BSV are all pajeets, what does that make the people who care about the people who care about BSV?
>>13355052
>>13355128
>>13355279
>>13355473
>>13355907
>>13356024
How does it feel to have Bad Aussie Man live rent free in your peabrain?

>> No.13356750

BSV won't even be around in July...

>> No.13356767

>>13355253
Based

>> No.13356768

hahahahahahaha. imagine being so late to bitcoin you COPE so hard you actually believe this random shitcoin is even relevant

>> No.13356771

Wow suddenly biz is full of bcore and bcash shills

Just FUCK them

Bitcoin will prevail

>> No.13356773

>>13355038
I don't think anyone needs a comp sci degree to know why a 100% replicated data model combined with a p2p cluster doesn't scale to unlimited size.

>> No.13356853

>>13356773
I am a brainlet. why wont it scale?

>> No.13356887

>>13356853
Adding a new node to the cluster will require syncing the chain sequentially.
The chain now includes 200TB of CWs personal porn collection.
Syncing will take 2 months at broadband speeds. Meanwhile CW continues to upload his collection.

>> No.13356910
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13356910

>>13355038
tell me more OP

>> No.13357160

>>13356910
having 2gr would be more practical than 2 thousand mr

>> No.13357195

if you niggers don't stop shit posting about this fucking scam I will literally go to 140chan and explain to them how to store videos and images on the BSV blockchain

>> No.13357208

>>13357195
that would actually be bullish

>> No.13357293

>>13357195
wait, is there anyone using it for other purposes than cp storage?

>> No.13357315
File: 315 KB, 425x460, 1555243919417.png [View same] [iqdb] [saucenao] [google]
13357315

OMG...

I fucking LOVE Biz memes.

Biz is soooo fucking based lol. Craig = le god.

We need to meme him into emperor status lol, how frickin based would that be guys?

It's like... he's just as based as Trump and MoonMan. I think its because he's so sassy and non-sequitorious.

This is TOTALLY the next, most epic and righteous BASED meme.... get this:

He's on the internet...

He's contrarian to what seems reasonable and admirable...

Controversial...

Quite silly and ironic...

But actually a super fun and great guy.

OMG...

I fucking LOVE Biz memes.

Biz is soooo fucking based lol. Craig = le god.

We need to meme him into emperor status lol, how frickin based would that be guys?

It's like... he's just as based as Trump and MoonMan. I think its because he's so sassy and non-sequitorious.

This is TOTALLY the next, most epic and righteous BASED meme.... get this:

He's on the internet...

He's contrarian to what seems reasonable and admirable...

Controversial...

Quite silly and ironic...

But actually a super fun and great guy.

>> No.13357332
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13357332

>>13355038

>> No.13357343

>>13356203
hi greg

>> No.13357490

>>13356887
it's not meant for basement and baby miners dumbass, scaling of bsv is for industry and big business miners with the best hardware and the best internet connections
if you knew anything about nchain's plans, you'd know this

>> No.13357517
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13357517

OMG...

I fucking LOVE Biz memes.

Biz is soooo fucking based lol. Craig = le god.

We need to meme him into emperor status lol, how frickin based would that be guys?

It's like... he's just as based as Trump and MoonMan. I think its because he's so sassy and non-sequitorious.

This is TOTALLY the next, most epic and righteous BASED meme.... get this:

He's on the internet...

He's contrarian to what seems reasonable and admirable...

Controversial...

Quite silly and ironic...

But actually a super fun and great guy.

>> No.13357816
File: 1.43 MB, 3024x4032, 2j42vscfrps21.jpg [View same] [iqdb] [saucenao] [google]
13357816

>>13355038
> we will raise the service ceiling for our sunken submarine by another fifty thousand feet.
Nobody cares. This is just another punchline. Fuck off.

>> No.13358024

>>13355038
Damn this is actually huge!

First blockchain to really go hard for scaling to global levels. Exciting stuff for SV ahead

>> No.13358043

>>13355140
Yep, if you want to be part of the future of the internet, BSV is where its at. Jump on or get left behind, innovation is happening whether you like it or not.

>> No.13358054

>>13355076
I read this in Mickey Mouse's voice

>> No.13358055

>>13358024
by sacrificing all decentralization, so basically a shitty version of XRP or XLM

>> No.13358063

>>13355038
who cares lmao

It's going sub $20

>> No.13358075
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13358075

>>13356771
>>13357315
>>13357517

>> No.13358114

>>13355038
Ok so honest question, if BSV has all these plans for being such a big dick blockchain, what about DEX’s? Do those exist on BSV yet and if not, why not? Is it possible to do? I assume it must be. That would really mitigate the whole thing with the centralized exchanges all delisting

Also curious about the degree and landscape of how decentralized it is (>>13358055)

>> No.13358132

>>13358055
It will be plenty decentralized at scale. You only need enough decentralization to prevent a central point of network failure or subversion.

Whether you have 17.000 nodes or 1.700.000 nodes spread out in 50 different countries, is kind of irrelevant, it's impossible for a single entity to subvert or destroy the network.

>> No.13358202

>>13355279
Yes, what a great idea, irremovable proof of possession of CP AND a money trace
>>13357195
140chan, what's that? If it's what I think it is why is it still standing if you know about it?

>> No.13358264

>>13358114

It is possible and nChain is building one out already.

>>13358114

Anyone who says that BSV is going to be "less decentralized" is an idiot. The entire point of Nakamoto Consensus is indiscriminate competition between miners in large data centers at scale. Satoshi used "data centers" and not "mining farms" for a reason.

read this: https://markwilcox.com/articles/fundamental-misconceptions/

>> No.13358331
File: 27 KB, 900x900, creggy.png [View same] [iqdb] [saucenao] [google]
13358331

>>13358264
Listen little faggot, CSW cannot even sign properly using PGP.
HE IS NOT SATOSHI.
>>> FUCKING BLINKING CAPITAL LETTERS <<<

>> No.13358712

>>13358331
Sorry about your low IQ, while you may still be able to live a mediocre life, the condition is unfortunately incurable.

>> No.13358775

>>13355038
Am I the only person that realized this was a joke immediately?
top kek to you gentlesir OP

>> No.13359011

>>13355071

Ever browsed it? It's literally all BSV cope photos

>> No.13359059

>>13355236
fucking kek anon...the other anon was being ironic (i hope)
...yeah why would i just upload a meaningless photo of my fucking cat no oe cares about on a server when i can upload its copy to thousands of servers so that it can be immutable and there forever while also paying for it....
its a great idea to put a 500$ lock on a 50$ bike and than carry it to work

>> No.13359084

>>13358043
you guys are killing me....w-we are all just playing to be retarded......r-right?

>> No.13359092
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13359092

>>13359084
Bro, whats wrong with Satoshi's vision?
>The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user runs their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate.
https://bitcointalk.org/index.php?topic=532.0

>> No.13359366
File: 108 KB, 658x683, 1532631141773.png [View same] [iqdb] [saucenao] [google]
13359366

>>13358331

You sure about that?

>> No.13359386

>>13355038
at 2gigs per block it will only take a few months before the BSV blockchain will need to be stored in a data center.

>> No.13359387

For anyone that thinks putting the entire internet on-chain will be wasteful/redundant:

https://twitter.com/_unwriter/status/1118302957102092290

>> No.13359467

>>13355076
hahaha

>> No.13359507

>>13357195
jesus fuck

>> No.13359527

>>13359092
"node" here means "mining node"

>> No.13359535

HAHAHAHA

0.0000000001 EOY

>> No.13360437

>>13358202
It's still standing because it's hosted on BSV

>> No.13360470

>>13358114
A DEX on a POW chain will always have a miner front-running problem. Probably not a good idea.

>> No.13360494

>>13355038
>1 post by this ID

>> No.13360908

>>13355090
it's all about infrastructure and optimisation