/biz/ - Business & Finance

>just put all that private healthcare data on a public ledger lmao

do I get staking rewards for my medical data?

that's such huge news, going to be a major stepping stone for continued adoption for sure
>>17400467
it was discussed at great length how they would do it at one of their several talks at the recent conference, go watch it if you're interested

bsv won, no need for resistance anymore, just hop on the train folks!

>>17400454
EHR data inc, is not a real company.

>>17400505
>it was discussed at great length
No it wasn't. Stop making things up that didn't happen.

>>17400454
Translation: Calvin Gayre bribes some fat boomers to move patients personal data to a shady and unsecure blockchain of known scammers and fraudsters.

This is not going to end well.

>incorporates patented EHR Data & nChain technology
OH NO NO NO!!!

NOOOO IT CANT BE NOOOO!!!

WHAT THE FUCK NOOOOOOO!!

>The two companies are also working on a global workflow engine (G-WFE) to provide a single universal source of truth. It will rely on the Bitcoin SV blockchain to provide real-time financial processes and the BSV token to settle payments. With 4.2 billion opioid prescriptions made annually in the U.S. alone, the system is expected to add up to 32 billion transactions to the BSV network annually.

>>17400549
it literally was, I was watching it as it happened live, you absolute moron

>>17400647
Then post the link. I could use a good laugh.

>>17400598
>>17400618
>>17400624
NnnnnNNNNNNNNOoooooOOOOOOOoooooooOOOOOOOOOOOOOOO

>>17400454
Calvin is based

>>17400454

Wow time to short EHR data into the ground and sue them for leaking private information if they go through with it.

>>17400656
nothing funny about it, just pure enterprise and big data using Bitcoin (BSV)
starting to get a bit tired of spoon-feeding morons like you valuable information when you could very easily find it yourself, but knock yourself out: https://youtu.be/pr2yj2cxpeI?t=5897

>>17400506
>wasting theirs and everyone elses time
>wasting theirs ... time
>theirs time
Do people actually enter business agreements with people who write like this?
"Their" is already possessive, what exactly is "theirs" supposed to mean here?
Look, I understand twitter isn't really a platform where grammar means much, but there's a difference between taking shortcuts with punctuation, and writing like a fucking third-grader.

>>17400624
If I'm calculating it right, this will be 1014 tx/sec, how's that your little ethereum doing? KEK

>>17400716
in the real world, people who are good at business aren't all autistic grammatical robots like the people who frequent 4chan; yes, I also spotted this particular grammatical mistake very easily, but honestly, who gives a shit

Wow that's awesome so did Craig sign yet?

>>17400739
that's right, and that's just from them alone
can't wait until we reach terabyte blocks

The market doesn't give a fuck.
Price is about $290.

>>17400753
SSssssssssiiiiiiiiiIIIGGGGGGGGGGNNNNN CRRRRRRRRRREEEEEEEEEEG!!!!!!!!!!

>>17400739
>5 posts by this pajeet
Thank you, sir. Your next assignment is to shill PNK.

>>17400598
>centralized and distributed
kek what?

Why would medical records need to be censor resistant? There are already anti tamper ways to store files and the problem with these things aint the tech but the paper work. This is retarded at so many levels. Why to store someone elses hemorrhoids history FOREVER, are you guys serious?

>>17400794
Are you saying I can't post in my own thread? Fuck off!

>>17400839
Yea what's the point of blockchains anyway, fuck the blockchain!

>>17400549
>coping this hard

2020 is going to be so fucking good.

bsv already mooned brainlets. If you didnt sell at 350+ you fucked up

>>17400586
hahaha - thanks for translation. Thought the same. Even a woman can be a child molestor too.

>>17400509
>EHR data inc
>inc

Where the fuck did you get that from? Oh that's right, you made it up.

>>17400889
I know right
>this never happened
>yes, it literally did, I watched it live
>NO! give proof
>*gives proof*
>nnnnOOOOOOOooooOOOOOOOO!!!!

>>17400919
Go ahead and find me some documentation on this company that isn’t coingeek.

>>17400824
Bitcoin is decentralized, access to the data is centralized. Think about it, let me know if you need more help.

>>17400667
Cope

>>17400716
>theirs time
OH FUCK THE BITCOIN PROTOCOL CAN NEVER WORK NOW

>>17400753
He said he would sign for you. Just email him and hell setup an appointment with you.

>>17400509
Here ya go brainlet, you are already a lost cause but someone else with a brain might find this useful.

https://mobile.twitter.com/CalvinAyre/status/1231399649434652673

>>17400839
FUCK BITCOIN AND FUCK WHITE PEOPLE

>>17400699
Post the timestamp where they talk about the technical details. I'm not watching ten hours of that trash lol.

BSV copying all the failed shitcoin ideas from the ICO craze.
The absolute state.

>>17401007
The most BSV post ITT

Oh no no no!! I thought it was a scam!

>>17400919
>>17400509
https://ehrdata.com/
https://twitter.com/EHR_DataInc
EHR Data Inc is a new company started in Feb 2020 probably. Their twitter joined that month and archive.org didn't show any active website in 2019 or before.

It's a subsidiary of this company, so the team running this sort of stuff has been around for a while:
https://opencorporates.com/companies/us_tx/0064410600

That old company doesn't have a website but you can probably search if they won any federal or state contracts to see how successful they are with government health contracting.
Anyway it's still a proof of concept at this stage so really it's a big nothing burger. The billion dollar company statement is hyperbole.

>>17401039
I did timestamp it, you buffoon
also, those are 10 hours jam-packed with the most valuable information about blockchain technology and its direction for the next decades, so if you call that trash, that's a sure sign you're not going to make it; I'd suggest watching not only all of it, but the entire 10 hours from the other day as well, I cleared everything to watch it all live, and don't regret it at all

>>17400716
something like 90% of the most successful people in the world never went to school

> Joined February 2020
https://ehrdata.com/about/
https://pdxinc.com/people/
https://www.owler.com/company/pdxinc
>Estimated Annual Revenue $13M
it's some shitty texas boomer company that does shitty inventory softwares for local pharmacies lmao
billion dollars company, jfc these bsv boomers are so scammy, constantly bullshitting and looking like amateurs but there are still people falling for this shit

now check this
https://pdxinc.com/cl2019/
lmao

it's over bsv cvcks, we always win

>>17400454
>Implying Decade old code has solved the scaling issue that every blockchain has been working on for the last 10 years

Please tell me no one's retarded enough to believe this

>>17401645
>https://pdxinc.com/cl2019/
>lmao
>it's over bsv cvcks, we always win
they actually said they we're looking at ethereum but it wouldn't support the volume of tx they wanted
it's 2020 now and they were at coingeek
so get rekt stinker
other speakers said the same thing, that they migrated from eth because it's shit
>inb4 cope

Clavin is the type of guy to be found dead in a hotel room from autoerotic asphyxiation.
Fakestoshi is just going to put a bullet in his empty head.

>>17401071
noooooooooo you can't just make a shell company to use as an example of enterprise demand

>>17400467
they will encrypt the data you idioto

>>17400467
You retard it's a hell of a lot safer than being on a centralized data base

>>17401853

Why would I want to put something that's extremely mutable on a blockchain that isn't mutable?

>>17401071
So it's a new company using a new technology that isn't selling premined shittokens, but will rely on an actual product and service to make profit at some point in the future. Neat

>>17401646
there was never any scaling issue
>The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling.
>—Satoshi Nakamoto, 2009

>>17401909
yeah that's almost unbelievable unless calvin is bankrolling them in which case cheap publicity stunt.

>>17401880
to bloat it to oblivion at the expense of everyone.
except sv miners (and every node really) prunes the living shit out of the chain already so only a few block explorers that are centralized services at this point not distributed at all are able to serve the data.

quiet funny how this always bites people in the ass.

>>17401880
>confusing a deterministic state machine with an immutable database
Rip to your IQ

>>17401964
>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.
>—Satoshi Nakamoto, 2010

>>17402006
i'm just saying centralized services storing your data is nothing new it can be done cheaper and faster than on any retarded ass blockchain.

so this will not be some disrupting tech and the future it's just plain old tech illiterate bullshit.

>>17401646
>solved the scaling issue
There was never an issue. Read Satoshis posts ffs. Scaling was ever even tried before BSV.

>>17401880
Actual negative IQ post right here, boys.

>>17401931
He might be a little who knows. Starting a business on Bitcoin is already orders of magnitude cheaper than all previous ways. Money Button is three people ffs.

>>17402056
the benefits of using the blockchain was literally talked about at lengths during the conference talks; go watch it, maybe you'll learn something for once

>>17402056
Bitcoin isnt centralized and you're a moron.

>>17401964
>except sv miners (and every node really) prunes the living shit out of the chain

Nah

Almost nothing will get pruned

>>17402089
>the benefits of using the blockchain
are non existent
the blockchain is a piece of shit and if it wasn't the only way to achieve distributed byzantine tolerant consensus via pow almost nobody would use it for anything.

>>17402100
>11 posts by this pajeet
Thank you for your contribution, sir. Your Sanjay vision rupees have been deposited in your wallet.

>>17402123
>no shit sherlock the post

>>17402109
it already is self admitted by the majority of sv miners. they are not incentivized to keep your data at all. not only they have zero incentives to store the blockchain they are actually incentivized to prune it because it's saving them costs.

>>17402133
now try to wrap your mind around what i said in the case of say medical records...
you have the choice of put every shit on a public global ledger where it's everyone burden or every country could make his sidechain, that anchors to bitcoin via tx peg so it's immutable and acts as a centralized permissioned and private timestamping service for the record updates.

you get everything you want without shitting onto other peoples plate.

sv is just plain retarded.

>>17401696
faketoshi dont like it stiff, but he does all this foreplay why?

>>17402174
You have to have iq higher than 100 to understand bitcoin

>>17402174
>sidechain
Sidechains are a fucking pants on head retarded concept. However using a central data base and using BSV for login timestamps isn't. You don't get the redundancy of using a blockchain for your storage, but you do get secure logs. Ether case is bullish.

>>17402198
not really i think even 90iq niglets understand it so you need to step up your game sv tards.

>>17400454
IMAGINE HAVING TO SHARE A LINK TO THE COMPANY TO EXPLAIN THE LITERAL UNIRONICAL STATE OF WHO THIS COMPANY IS ONLY TO HAVE PEOPLE GO TO THEIR WEBSITE WHICH SHOWS ITS A HOLDING CORPORATION FOR ANOTHER ONE THAT ONLY HAS 13MILLION IN REVENUE

HAHAHAHA WHAT A FAG

>>17402209
>Sidechains are a fucking pants on head retarded concept.
no they are perfect for compartmentalizing burden and concern logically and naturally while enjoying the immutable trustless properties of the mainchain.

>>17402239
No they're insecure extra steps. Just use Bitcoin for logs to your database if that's something you're interested in doing.

>>17400699
PSA: If you're too lazy to do research where you're putting your own money, you're NGMI.

Do. The Fucking. Work.

>>17402239
also there will probably be first tier sidechains for the sole purpose of pegging second tier sidechains cheaper to mainchain. this hierarchy has basically no theoretical limit to it's capacity without adding significantly to global burden on bitcoin blockchain.

the only issue today is every chain that tries to do this introduced it' sown asset with it's own price discovery for the sole purpose of printing their own money. scammers basically. but it will get done right eventually.

>>17402280
>No they're insecure extra steps.
you don't understand how this works i can tell.

you can think of sidechain closk as merkle trees that have their root embedded to bitcoin blockchain. there is nothing insecure about that. and nobody not even the miners need to download the 2 gigabyte block of audichain or whatever except those whom it may concern.

>>17400454
looks like the cast of friends but now

>>17402291
oh, I've done my work and research, believe me; I got involved with Bitcoin back in 2012
as far as I'm concerned, we've already made it, Bitcoin is fully functional again after all the sabotage attempts from BTC and a billion shitcoins, and industry is starting to use it
feels good man

>>17402291
>Do. The Fucking. Work.
Hello Craig. How does it feel to be unable to shitpost on twitter? :) looking forward to Calvin's bankruptcy!

>>17402326
Then the term sidechain is a misnomer and only used to trick people into thinking it's something its not.

Use bitcoin for logs.

>>17402432
svtards just can't learn or understand shit
quiet sad
why not have the police or the electric company handle tour medical records and your taxes? separation of burden and concern is natural its advantages are indisputable.

and lastly
you fags think you will be able to force enterprise on your shitty blockchain to put their audit trail and transaction receipts and everthing on it.

the fact is creating an audit trail for transactions in an erp or mes system is very performance prohibitive even with rdb triggers let alone external systems or god forbid a fucking blockchain.

you fags never dealt with systems like that and that shows in your naivete. the amount of data a single small to medium production company produces in electronic evidence trail is in the 100gb per years magnitude. there are about 200 million companies worldwide. which would add up to about 20 exabyte annually if you tried to put it on a global blockchain. the entire public internet is in the few exabytes range.

shit is retarded all the way. your idiotic dreams about companies putting everything on a shitty blockchain with 10 min confirmation time will never come to pass.

>>17402497
I'm not wrong. You're literally scamming at this point, nigger.

Either your "sidechain" is a separate blockchain that carrys all the typical security systems that need miners, or it's a "private blockchain" which is to say not a blockchain at all, or it's a centralized database using Bitcoin for logs. Ya scammy fuck.

>>17402562
>arguing against satoshi
Not gonna make it

>>17402562
Stephan Nilsson has worked in ERP all his life, and he presented the first fully functional app for supply chain management of seafood using Bitcoin at the recent conference; I've been a software developer for almost a decade myself, and I've spoken to him in person here in Norway several times, and he knows his shit unbelievably well
to me it's clear that you're the one who doesn't understand shit about the immense benefits of having a universal source of truth for all these various types of data

>>17402577
sidechains are sidechains they can take many technical form but two thing are in common they compartmentalize burden and concern and derive their security from main chain. sidechains based on assets with separate price discovery usually are scams. non premined merge mined ones with fair distribution are the possible exception.

>>17400454
TICK TOCK CORE KEKS

>>17402562
>10 min confirmation time

You lost the argument here

>>17402595
>implying craig is satoshi
faggy bullshit

>>17402663
im wondering what sort of braindead bullshit you gonna post next go on!

>>17402643
Damage control and divert the post.

>>17402700
no divert it is what it is. sidechains can do every retarded shit you cone up with for onchain without swamping everyone in your bullshit data

>>17402739
It's not a "chain" retard. Quit trying to scam people into thinking asinine shit like Liquid is some kind of scaling solution for Bitcoin.

>>17402639
i have been only a dev for 3 decades last one in enterprise and industry i know my shit first hand i know how much data we are talking about in evidence trails intimately. throwing around names of literal whos not gonna impress me.

>>17402787
i was not talking about liquid you think sidechain == liquid or something? fucking imbeciles i swear...

>>17402832
The entire concept was cooked up by Blockstreams. There are use cases for using Bitcoin purely as a timestamp server for databases, that doesn't make it a fucking sidechain.

The only conceivable concept that would make something a "sidechain" would be a whole other blockchain with checkpoints that are pegged to a mainchain. Such a thing would be susceptible to attack as it has no miners protecting it. The only neat thing is you could fork to the previous checkpoint. This would ultimately be futile as the attacker can just continuously attack the new forks as it has no miners protecting it.

Sidechains are fake and gay. Only retards get excited about them.

>>17402818
Stephan has also worked in ERP for almost three decades, and he's currently devoting all his time and resources to this, having realized that Bitcoin (BSV) is the only blockchain it's possible on
and it almost sounds like you think large amounts of data is prohibitive; there will be terabyte blocks on the Bitcoin network within just a few years

>>17400454
>41 years of data
oh nonono here it comes the UTXO mega clog with the 50 gigabyte block

>>17403166
>50 gigabyte block
That would be like 1400 BSV in fees. Miners would be falling over themselves to mine that.

>>17400699
Wth??? Biz told me this was a pajeet scam. BSV is unironically getting real use, while I’m sitting here gambling on ERC-20 tokens.

>>17402699

If you're a miner, you dont have to pay fees to put data on chain.

If youre a large multinational company that wants to put large amounts of data on chain, you can either:

-pay the miners
-become a miner yourself

At which point confirmation times would be redundant, since they are mining it themselves or contracting directly with a miner.

>>17403211
>miners
you mean calvin

>>17403304
Retard

https://sv.coin.dance/blocks

>>17403304
>>17403318

>>17403300
>If you're a miner, you dont have to pay fees to put data on chain

That isn't true. You gotta pay for a transaction no matter who you are. The only advantage being a miner brings is that you might win the block getting you the cost of the transaction back making it "free", but winning a block isn't guaranteed.

>>17400467
Kek

>>17403318
>>17403331
holy shit are you new to BSV?

>>17403485
How new are you in general, niggerfaggot?

>>17403451

It is true, though. Their tx can just stay in the mempool until they find a block.

>>17400467
>literally what the actual fuck is encryption

>>17403583
How do miners magically keep transactions in the mempool and prevent other miners from mining them?

They aren't going to know they won a block until they win it. At which point it'll be too late to add their transaction.

>>17403260
/biz/ is 99% full of drooling morons who can't even spell the word "fundamentals"; there's only one game in town, and that's Bitcoin, the way it was originally supposed to work

>>17403583
true, but remember that they also must make sure other miners cooperate with them and don't just orphan their block; it's all solved through economics and game theory, that's the beauty of Bitcoin

>>17400716
theirs
/ðɛːz/
Learn to pronounce
pronoun
used to refer to a thing or things belonging to or associated with two or more people or things previously mentioned.
"they think everything is theirs"