/biz/ - Business & Finance

>>14574134
You can't, but people with money can.
You can build any thing you want on top of it. The main codebase is off limits.
Decentralization is a myth. A coin is decentralized if it's open for entrepeneurs to build on and its "genetic" build up (code) isn't cucked into a central authority that can easily cripple it. Anything can be fucked, because people can fuck up anything. A high degree of decentralization just means it's less likely to get dickballed. BSV is big enough and as soon as terrabyte blocks are here and all OP_Codes are re-enabled, the system ossifies into freedom and its degree of decentralization will dwarf that of all things in the "crypto" sphere by an order of several magnitudes.

>>14574134
What looks cool about it? Where are you looking?
I know you can mine on Bitcoin Cash, buy your own ASIC miner with Bitcoin. And basically do anything that BSV can do on a faster transferring chain.

SV is ironically the real btc, shit is so dope its scary . some dude that worked at Circle in boston quit to work on the project.

>>14574361
>You can build any thing you want on top of it. The main codebase is off limits.
Ok but I thought nChain were the sole ones pretty much responsible for all the major apps that are being shilled lately, (twetch, money button, whatever other "metanet" shit)? Or were those written by independent parties? I assumed the nchain devs were just uncannily good at marketing and agile development.

Anyway
>A high degree of decentralization just means it's less likely to get dickballed. BSV is big enough and as soon as terrabyte blocks are here and all OP_Codes are re-enabled, the system ossifies into freedom
So wait. Can I mine it right this instant? If I do, and terabyte blocks come out tomorrow, would my average antminer ASIC or whatever I happen to have, be totally fucked in terms of disk space/internet bandwidth needed to actually participate? I don't get how it's supposed to work as far as all the hardware involved

>>14574385
What "faster-transferring" chains?
I haven't seen anything to suggest BSV is genuinely decentralized *yet* but I assume the idea is to eventually have the functionality of platforms like ETH or <insert smart contract hype project here>, with the established trust and security of good ol' Proof of Work, while striving to retain whatever vision Satoshi might've originally had.

Craig is going to prison, where he will finally get the dick he craves.

>>14574690
>shit is so dope
>so
>dope
Nevermind, thanks, just sold 100k bsv

Who though, is he at nchain now or what

>>14574720
As far as I could tell from what little research I've done, is the app developers seem to work on their own projects but with guidance from nchain and most likely, oversight from nchain

>>14574720
Bitcoin Cash has already implemented graphine and Canonical transaction records (it was the reason for the hashwar and BSV fork of Bitcoin cash being created (BSV lost the hashwar btw, which means more miners preferred the BCH roadmap))
Anyway, basically these improvements greatly reduced the overhead for transferring blocks around a distributed network, it's almost like you get big blocks in a much smaller package, 99.4% smaller than core of BSV to be accurate.
BSV has publicly stated they want to roll back on Bitcoin Ver 0.1 and make no improvements, when statoshi himself was the one who began the BIPs (Bitcoin Improvement Proposals).

>>14575339
V0.1 functionality, not code. Big difference.

>>14574134
>So..........can I, ya know, mine this shit? or what?

You can but you will only make money if you are competitive, the protocol isn't designed to subsidise raspberry pi miners like BTC is

>What about development? When can I publish my own code to the chain?

You can build on top of the code but the protocol itself is off limits, no more changes now other than return to genesis next year

Imagine wasting your life bulding on faketoshi chain. That's worse than third world shillposting kek.

>>14575824
>the protocol isn't designed to subsidise raspberry pi miners like BTC is
>raspberry pi miners
WHAT A FUCKING RETARD
COMPARE BSV HASHRATE WITH BTC AND KILL YOURSELF WITH YOUR SHITFORK THAT CAN BE 51% ATTACKED ANYTIME

>>14576978
>COMPARE BSV HASHRATE WITH BTC AND KILL YOURSELF WITH YOUR SHITFORK THAT CAN BE 51% ATTACKED ANYTIME

Learn what game theory is, it's so costly to try to kill a chain with no reward for doing so. if it was a non-insane idea it would have been done by now

>>14576978
maybe compare BTC and BSVs daily transaction numbers lul

>>14577327
Compare BTC and BSV transaction volume
Shitty wheater demo app makes 99% of the transactions where fees are collected back by Ayre, so just a demo to show off tax numbers on a chain nobody is using

>>14577067
>game theory
>muh fatal flaw, we will attack BTC

>>14577370
>muh volume
https://www.forbes.com/sites/cbovaird/2019/03/22/95-of-reported-bitcoin-trading-volume-is-fake-says-bitwise
kek

>>14576978
More than 25% of the BTC hashrate sells their BTC instantly and buys BSV and as soon as their are fat fees in each BitCoin block will jump ship. They would switch in a heartbeat too if anyone tried to 51% attack the BitCoin network too.

>>14574361
>the system ossifies into freedom and its degree of decentralization will dwarf that of all things in the "crypto" sphere by an order of several magnitudes.

>>14574361
>ossifies into freedom
A+ fud

>>14575339
BCH is based

>>14574361
>terrabyte blocks
Imagine if the roman empire - under the economic tutelage of indian street shitters - formulated a currency system that used a significant portion of its gold and military might to enshrine the graffiti found among the various bath houses in rome.

Imagine that this new system completely intertwined this random graffiti and their currency in such a way that it was impossible to differentiate where one started and the other finished. Weather data, Grocery list, IOU's, advertisements, all of it became the fundamental reserve of each and every roman coin.

Who would have the intelligence to speak against this?

>>14574361
We don't really need Terrabyte blocks for now....the chain barely gets current 1mb blocks filled. Activity just started to rise the last weeks. Not saying bsv is a shitcoin but there aren't much users yet for its big blocks

>>14580141
the blocks aren't big enough yet for the users. as soon as the quasar upgrade comes there will be people filling up the blocks. come feb it will be cranking.

>>14574134
everything the pajeets (>>14574361 ) post here is all vapor
the real project is here
https://github.com/bitcoin-sv/bitcoin-sv

>>14574134
This is the correct thread.
BSV will be the true ethrum killer and also king of coinmarketcap 2019
Do you not think that the Craig Wright team has not been working hard? Guess what? It has.
And always remember, as Craig says:
Get in BSV
The real BTC!

Let us all celebrate now
https://www.youtube.com/watch?v=xwRZgtTEH08&t= [Embed]