[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 2.31 MB, 2520x1680, blo10_b.jpg [View same] [iqdb] [saucenao] [google]
9364132 No.9364132 [Reply] [Original]

what does he gain by supporting a competing project (bch)?
seriously asking, no troll, i'm just a brainlet

>> No.9364156

When was it found out that he does?

>> No.9364168

>>9364156
https://twitter.com/VitalikButerin/status/930276246671450112

>> No.9364174

cant google?

http://bitcoinist.com/vitalik-buterin-comments-bitcoin-vs-bitcoin-cash-debate/

>> No.9364183

Bch is more damaging to BTC than eth so by supporting bch he brings the flippening closer

>> No.9364195

>>9364132
>>9364132
Divide and conquer.

He knows bch is inflammatory garbage, but he also knows that a house divided cannot stand.

>> No.9364201

he doesn't gain anything, just like he doesn't gain anything by developing ethereum, he's already a multi millionaire. He's an autist who sometimes is right and sometimes is wrong and just wants do develop crypto and thinks that bch is the future of bitcoin, which is not surprising for anyone who isn't a brainlet.

hijacking development + bcash propaganda + censorship showed the true colors of the btc devs. It's easy to see for anyone that's not a brainlet like yourself that they will kill bitcoin sooner or later

>> No.9364210

Maybe because BCH works better than BTC. He is also a fundamentalist when it comes to the true purpose of BTC.... BCH is closer to the original value set

>> No.9364218

>>9364195
compelling perspective

>> No.9364262

>>9364210
>BCH is closer to the original value set
No, actually it's not. (Muh EDA). Your chain is forever invalid.

>> No.9364286

>>9364195
Yeah two bitcoins creates a lot of confusion and weakens the original.

>> No.9364288

Because if big blocks were implemented in the first place, Ethereum would never have existed... Vitalik wanted to build smart contract programming language on the bitcoin blockchain becuase that would be more secure and not divide the hash power. However he was cock-blocked by core Devs who didn't want "spam" on the bitcoin blockchain. His end game is to kill Ethereum the coin (ETH at zero dollars), and put Ethereum the code (what he really cares about) onto Bitcoin(BCH) so the world computer system is more robust, for the benefit of all humanity.

One coin will rule them all, and its name is Bitcoin(BCH)

>> No.9364319

>>9364288
>>9364201
delusion

>> No.9364322

>>9364201
this

>> No.9364327

>>9364288
interesting. why would he want to kill his own project though? where's the upside?

>> No.9364331
File: 34 KB, 480x360, 5FC43BCD-6AE1-48BF-8982-9050D97E7950.jpg [View same] [iqdb] [saucenao] [google]
9364331

>>9364288

>> No.9364335

What did Zuckerberg get out of buying instagram?

>> No.9364346

>>9364132
He's butthurt because the core team rejected him so he made ethereum

>> No.9364372

>>9364327
Eth is a security, while BTC and bch aren't.

>> No.9364390
File: 8 KB, 509x619, 8e8.png [View same] [iqdb] [saucenao] [google]
9364390

>>9364174
>The 24 year old developer

>> No.9364392

>>9364132
He only like bch becuase corecucks are to scared of using new ideas to scale and he supports innovation

>> No.9364393

>>9364132
In all seriousness, I think he really doesn't care about ETH as much as the general crypto space and using it to better people's lives. He likes BCH because it lowers transaction costs but is caution about Ver and whatthefuckhisnameis. He likes bitcoin as a truly indestructible currency system but is obviously looking beyond PoW.

>> No.9364401

>>9364132
I think Bcash will win because it seems like in the last few years, every time the western world has had to make a major political decision they pick the most retarded option possible. In this case Bcash.

>> No.9364404

>>9364401
This

>> No.9364417

>>9364132
why doesnt vitalik employ a dermatoligist

>> No.9364435

>>9364132
Nothing. He's a super autist, so he zeroes in on facts and emotions confuse him. There is no doubt that keeping the blocksize at 1mb is a bad decision and is holding bitcoin back.

>> No.9364438

>>9364372
that hasn't been formally decided afaik. and if bch gains the smart contract capabilities of eth, wouldn't that technically put it in the same category?

>> No.9364450
File: 10 KB, 200x200, 1487840147096.jpg [View same] [iqdb] [saucenao] [google]
9364450

>>9364262
>uses Segwit
>calls other chains invalid

>> No.9364456

>>9364438
No, the reason eth is a security is because of the original sale method, not the smart contracts.

>> No.9364477

>>9364450
More than 70% of transactions in BTC don't use segwit. That 70% is still 100 times the bch usage.

What is your problem with segwit anyway?

>> No.9364486

>>9364132
He was maligned by the core developers for the entirety of his project.

>> No.9364487

>>9364456
oh, ok interesting. looks like I need to do more research.

>> No.9364503
File: 493 KB, 1077x1077, 2018051.jpg [View same] [iqdb] [saucenao] [google]
9364503

>>9364372
>eth is a security

>> No.9364504

>>9364477
It literally removes signatures from transactions. Technically making it not a crypto, as a blockchain is a series of digital signatures.

>> No.9364507

>>9364487
It's not a security yet, but it satisfies the conditions to be defined as one.

>> No.9364524

>>9364487
Ethereum is not a security lol

>> No.9364537

>>9364168
>https://twitter.com/VitalikButerin/status/930276246671450112
>That said, *right now*, I think trying to claim "BCH = bitcoin" is a bad idea, as it *is* a minority opinion in the "greater bitcoin community".

>> No.9364539

>>9364504
Who told you that crap? Remember, 70% of BTC transactions would still be fine by your standards anyway even if that was correct.

>> No.9364557

>>9364539
Told me what crap? Do you seriously not understand how Segwit works?

>> No.9364578

>>9364557
Actually, I do. That's what makes the crap you just produced so baffling.

>> No.9364586

>>9364504
>Technically making it not a crypto, as a blockchain is a series of digital signatures.
Please stop with this nonsense. Retardation like this damages the image of BCH.

>> No.9364595

>>9364537
he clearly qualifies that it's a minority opinion, but his prior statement denotes his support does it not?

>> No.9364644

>>9364578
Tell me how Segwit works then.

>>9364586
Okay fuckboi. This magic DLT we call blockchain is nothing more than a database in which a ledger of transactions are recorded. Each transaction has a timestamp and digital signature which is validated by a miner and then added to the next block in a chain of blocks. So do tell, how is a blockchain not a series of digital signatures. I'll wait.

>> No.9364712

>>9364132
He owns both bch and btc. He thought BTC would scale to be used as money, rather than a digital beanie baby turd smear on a blank canvas.

ETH was meant to be used for fueling contracts. It was never intended to be used as a store of value or medium of exchange. Just a medium to support dapps.

BCH is the bitcoin chain that actually runs faster and cheaper than ETH. And he doesn't seem to have an issue with the inflation or brand dilution that BCH has caused.

At this point, ETH's main use case is shitting out coins whenever anybody feels like they should print their own money to either bypass VC funding or just LARP like a central banker.

>> No.9364931

>>9364595
he's a man of principle, I can see him supporting a bigger block size
but if a single tweet is all you have, then I don't think he gives a shit about either at this point

>> No.9364962

>>9364644
Well, I"m wrong about how I thought segwit worked, but you're still way off. The signature is still part of the transaction in segwit.

>> No.9365017
File: 14 KB, 248x203, 1525493881326.jpg [View same] [iqdb] [saucenao] [google]
9365017

>>9364644
the witness is not the signature retard

>> No.9365045

He knows there is no future for core coin so might as well suck up to the future winners

>> No.9365087

>>9364962
Segwit's entire function is to separate transactions from signature data to make more space on the puny 1MB block.

>>9365017
Nice self portrait.

>> No.9365261

Vivaldi hates Bitcoin and wants the number one spot for his coin.
Bitcoin Cash is no competitor. This whole smartcontract, extension blocks, colored coins, etc. meme is a joke.
10 minute blocks and no plans for something like sharding. Bch is just another one of these eth killers with no code, no adoption, no anything.

>> No.9365293

He's already made a hundred million or more, why does he care which blockchain is more prevalent going forward? Maybe he wants the entire idea of blockchains to flourish, whether it means Ethereum is #1 or it completely falls to the wayside in a decade.

>> No.9365389

>>9365293
This. I honestly don't think he has some ulterior motive. He's just speaking his mind.

>> No.9365393

>>9365087
I don't understand how you could even separate signatures from transactions. The signature is the only way you can verify the sender.

>> No.9365714

>>9364132
he follows what is logical

>> No.9365733

>>9365293
>>9365389
agreed, some people care more about the idea than the money.

>> No.9366254

>>9364132
Vitalik is literally Jesus

He is here to redeem our sins and show us the way.