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12324656 No.12324656 [Reply] [Original]

"Bitcoin can't scale"

https://blockchair.com/bitcoin-sv/block/563638

>> No.12324661

A literal fork of a fork

>> No.12324669

>>12324661

BTC and BCH are the forks

>> No.12324684

>>12324669
Doesn't matter bsv is 10 years late to the party lmao get fucked charlatan idiot

>> No.12324695

>>12324669
All parties must agree to truly fork bitcoin, otherwise u end up with junk like BSV

>> No.12324696

>>12324669
No fork in bitcoin sanjay vision sir
Only spoon for curry

>> No.12324700
File: 78 KB, 993x559, 1,w=993,q=high,c=0.bild.jpg [View same] [iqdb] [saucenao] [google]
12324700

>>12324656
>adding 100MB to the blockchain costs 0.86$ in BSV cryptocurrency
Why don't we just spam this coin to death?
I'm serious, is there anyone here who can write a script to create transactions? I'll provide funds.

>> No.12324712

>>12324684

The party, oh you mean the casino

Which is about to end...

>> No.12324727

>>12324700

Please do... miners make money off each tx as long as the fee is paid

There is no spam

>> No.12324731
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12324731

>>12324712

>> No.12324835

How is block size a scaling solution? Won't the chain just become a gorillion bytes soon enough?

>> No.12324845

>>12324712
fuck off craig

>> No.12324855

>>12324835

Thats the point dummy

>> No.12324857

>>12324835

Bitcoin is business and data centers, not Raspberry Pie

>> No.12325126

>>12324700
>>12324727
>>12324835
>>12324857

Increasing the block size has major drawbacks
- blocks need a longer time span to propagate through the network hence increasing the probability of mining conflics (temporary forks in the chain)
- The blockchain will probably grow to petabytes soon which limits its replication facots (only a few nodes within large mining farms will store a copy of the cahin) hence harming decentralisation

Also I cant see how $0,87$ is an adequate cost to replicate 100 MB of data across several hundred (?) nodes within the BSV network. This kind of suggests that BSV is already way more centralized than we could have imagined

>> No.12325145
File: 186 KB, 1085x1084, bsv_is_a_scam.png [View same] [iqdb] [saucenao] [google]
12325145

>>12325126

>> No.12325164

>>12324684
And so are you my friend

>> No.12325185

So essentially BSV managed to create a blockchain infrastucure that is probably more centralised as Ripple with only a few full noded in China and India and at the same time still have all drawbacks of proof-of-work like shitty transaction speed

>> No.12325197

>>12325145
>Let me call him a redditfag because I don't have a rebuttal
Kys pajeet

>> No.12325216
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12325216

>>12325126

>> No.12325235
File: 121 KB, 1462x2046, brainlethead.jpg [View same] [iqdb] [saucenao] [google]
12325235

>>12325185
>Doesn't understand the fundamental reason for the existence of PoW.

>> No.12325240

>15 mins blocktime
>400 MB/hour
>9600 MB/day
>3TB every year
>300 tx a sec
>meanwhile visa does 2500
Great job, guys, now lets decrease blocktime to 1 min and we will finally overtake that ugly card thing! Except its gonna be 50TB a year, but thats a-ok!

>> No.12325246

>>12324700
Well well well my friend. Have I got the solution for you.
How much are you willing to fund for this?

>> No.12325250

>>12325145

Hello Ranjeet, my friend, consider this

storing 100 MB in BSV costs $0.87
1 GB Harddrive space costs $0.04

If the great BSV "vishnu" blockchain would be replicated on more than 217 nodes then whis would result in a loss because space is too expensive. Not even amounting for costs for the ASICs used for mining or electricity.

Enjoy your centralised scam coin that exists on 20-30 pajeet nodes

>> No.12325287

>2019
>still talking about bitcoin and shitcoin forked bitcoin
>way better shit exists already
not gonna make it

The only thing that makes BTC worth anything is because you can buy drugs (monero, or literally any others now), and shitcoins with it.

>> No.12325480

>>12325126

Core bullshit.

Sorry, orphans are how Bitcoin works and mining always was going to end in data centers

Non mining home nodes do nothing to help the network, this is a persistent lie that people keep repeating

>> No.12326615

>>12325246
They arent. It's beautiful. They could "spam" a day's worth of blocks for less than a hundred bucks but for what? Prove they are stupid to waste money? Memo is great too cos the shills stick out like sore thumbs.

>> No.12326684

>100mb blocks
>144 blocks per day
>14400 mb of empty blocks every single day

What could go wrong? You need to buy a new 4 TB hard drive every 10 months to host the chain.

>> No.12326961

>>12326615
Do you remember when btc was getting spammed last year? That cost thousandsssss of dollars a day.
For less then a hundred dollars usd I can block up bsv for a full day. A couple grand and at current prices and i could spam that waste of money for months.

>> No.12327003

>>12326961

You cant actually force the miners to accept your spams. Every client can just adjust his TX fee to go above your fee and it will be included.

So if you spend 1 cent for every of your spam transaction I can get my tx included by offering 2 cents to the miners. It's a free market

>> No.12327035

>>12326961
no, bsv doesn't actually block up if you spam it.
only core is that crippled.

>> No.12327043

>>12327003
>It's a free market
Wonderful, how libertarian logic defeats itself, no?

>> No.12327055

Probably took an hour to propagate. fake news

>> No.12327171 [DELETED] 

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>> No.12327180

archived this thread for future slides
Message to 2021:
Hello everyone!
As you see this is clear example how people chased price, not technology and stood behind people that fucked everything up. Never realized it, because, again, chased the price.

>> No.12327424

>>12325235

Kill yourself you fucking shill. Your shitcoin is going to zero.

>> No.12327474

>>12324656
and yet it continues to dump. nearly out of the top ten.

>> No.12327628

>>12324656
>mines it but can't propagate it
ebin meme

>> No.12328631

>>12327035
Hahah you'd like to think so amigo but you don't understand how this shit actually works.
They can indeed select that my txs with low costs won't be processed but they will indeed head to the pool.
The amount of transactions I can run into that bitch would take the nodes well over an hour to deny one simple attack for less then 40 bucks.
Do that twice and it takes 2 hours to deny.
Couple hundred and they are held up by several hours.
Couple grand worth and they'll be applying a patch and no longer actually following satoshis vision.

>> No.12328687

>>12328631
Do it then, hero. Oh that's right you don't even have 40 bucks

>> No.12328879

>>12324669
this guy gets it