/biz/ - Business & Finance

>>17318356
btc or xbt is the ticker of bitcoin
core is just the standard implementation client of bitcoin that carries on the original nakamoto consensus started by satoshi himself unbroken.

thats so petty

>>17318390

>btc or xbt is the ticker of bitcoin

No, BTC is the ticker of a cheap copy named Bitcoin Core. BC is the ticker for BitCoin, always has been.

>core is just the standard implementation client of bitcoin that carries on the original nakamoto consensus started by satoshi himself unbroken.

Not since the 2018 hardfork. Remember anon?

https://bitcoincore.org/en/2018/09/20/notice/

>>17318551
the nakamoto consensus is unbroken on btc chain alone. it is the longest chain with the largest cumulative hash as bitcoin is supposed to be.

stop being retarded and don't swallow the cashie fallacies!

>>17318356
creg is going to jail. no one is going to change a ticker for a court verified fraud

>>17318663

>secret hardfork in the middle of the night
>coordinated between miners and exchanges
>most people have no clue this ever happened

That's not how Nakamoto Consensus works!

>>17318356
>Which one sounds like the "real" bitcoin to you?
the one which doesn't involve frauds claiming they are Satoshi, thanks

>>17318729
dude you need to read up on this shit. it is explained by your fellow cashies prety damn well. they have no clue they btfo themselves, but it's how proof of work works.
every miner decides if they upgrade or not for themselves largest chain wins and is bitcoin and everyone keeps mining on top of it.

the nakamoto consensus is based on proof of work. as is stated on the whitepaper it's governance is also based on proof of work which is following (and partially making) social consensus but certainly won't dare to piss against it cause the miners are for profit and valuation of the coin is critical for their profitability. exchanges and services are also an integral part of this mexican standoff. if they upgrade their nodes and reject invalid blocks miners trying to abuse their hashpower will be ignored effectively. and exchanges again go with the social consensus to make money lest their clients abandon them or they are robbed blind in a reorg.

it's all so simple. proof of work. not proof of whining, proof of shilling, proof of shitposting, proof of social media, or proof of word documents.

>>17318805
based and trekpilled

>>17318805
i would say it differently:
what requires the least number of leaps of faith?
1) craig wright is satoshi but despite putting millions of manhours to deflect and bitch about it he can't be bothered to do a digital signature in 2 minutes flat instead he expects you to put your blind faith in him on the promise that as a benevolent deity he will reward his followers.
2) craig wright is a liar and a fraud.

>>17318892
>social consensus
>exchanges
>services

Have nothing to do with Nakamoto Consensus, but ok! You should try reading the whitepaper again anon.

Btrash SVU doesn't trade on any legitimate exchanges though

>>17318892
you're a retard if you think segshit and lightening are proof of work. it violates everything nigger. but keep drinking that segshit kool-aids

>>17319067
how do you manage to misspell lightning Rajneesh. The fuck is wrong with you

>>17319002
never said it does if you read carefully. i said the nakamoto consensus always follows social consenus.

the nakamoto consensus is about hashrate voting by continuing on the longest chain with the most cumulative proof of work. that's it.

>>17319095
>he thinks it's a typo
your comprehension is quite low and you must have just shown up from leddit. here i'll explain...did you notice the how i spelled segwit too? maybe i spelled it as 'lightening' because it's a small block fraud which cripples the network, thus LIGHTENING the network you shitskin nigger.

>>17319067
>it violates everything
no and it's easy to prove it. start up a 2017 client and see which network it syncs up with... you can even modify the code a bit to accept messages from both forks (network id would otherwise filter bch blocks out) and remove the block size limit. just try it. it would sync up with btc for one simple reason: it is the nakamoto consensus fork. if you fuck with the difficulty algo introduce incompatible opcodes and change your network id then you can make an alt coin. otherwise the longest chain will reorg your stupid ass.

>>17318356
BTC does