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Give me a quick rundown on the technical differences between BSV and BTC.
>>14142879One is run by a group of people literally picked by Bilderbergers, NYSE, Banking Cartel, Intelligence Services....the other is run by lgbt aussie and a money launderer who lives on an island. That is technically the difference.
>>14142930How about a non-brainlet take on the software differences?
>>14142950big blocks vs small blockskyc vs privacyand this >>14142930which is basically true
>>14142950did you know that the FIRST severless website was created on a single bitcoin transaction on the BSV network??https://alice.bitdb.network/
>>14142879BTC has SegWit (which introduced the concept of block weight) and they have 2016 blocks of difficulty adjustment period while BSV does not have SegWit and have a difficulty of the moving average over the last 144 blocks. BTC block size is 1 MB (approx 4 MB actual bytes on disk with the block weight bullshit) and BSV default limit is 128 MB. BSV also allows more types of OP_CODES in scripts and the scripts can be longer (I forget how long exactly).Craig has said that BSV will restore the difficulty adjustment period of 2016 blocks (on his now removed twitter account) and the BSV roadmap says to "almost" restore itself to bitcoin 0.1 in February 2020, with a planned update they have named "genesis".there's not many differences between BSV and BTC, the largest ones are max block size and segwit (the concept of block weight)the largest difference between BSV and BCH is that BCH uses a different ordering of transactions in blocks and have introduced automatic checkpoints (which introduces trust for new nodes entering the network).
>>14142950Try transacting with BSV and you will instantly know the difference.https://www.youtube.com/watch?v=1xdNz5OZqJg
>>14143131So BSV uses bigger blocks than BTC?
>>14143552Lal it's cause no one's transacting with BSV
>>14143122I don't know if that can be called a serverless website though? Only the novel text is pulled from the blockchain, and even then, you need an intermediary to pull it for you.But I don't know the terminology, so maybe I'm wrong. You can do this on bitcoin-core too, though. There's that website that shows images from the core blockchain
BTC: backed by exchanges, shilled by whales who pump and dump using out-of-thin-air TetherBCH: backed by early adopter crypto billionaires, shilled by geeksBSV: backed by the nsa, shilled by Pajeets
>>14142879It's literally Bitcoin and BTC isn't.
>>14142930>>14143131I don't understand this drivel about someone controlling BTC, devs or whatnot. If the nodes don't like the updates, they can choose to use a different version of the software, so ultimately it is controlled by the community. Anyone can be a BTC dev, right?
>>14142950It's Bitcoin 0.1.0, that is all. Segshit is some frankencoin with a banking layer being developed ontop of it.
>>14145174Brainlet fuck off.
>>14145202Isn't LN being possibly bad pretty much irrelevant, since it does not affect on-chain transactions in any way?
>>14144714Much bigger.>>14144747If all transactions happening in the market occurred on SV the fees would still be the same.
>>14145202What is the problem with segwit?
>>14145250The way I see it, bigger blocks are a no-no, because they'd encourage even more mining centralization than BTC has currently.
>>14145198The entire community was duped into believing Bitcoin is a democracy and the retarded mob said Segwit and small blocks. In reality UASF holds no actual power and the only thing that matters is hashpower, but going back and saving BTC isn't an option anymore because of Segwit.
>>14145243If you take transactions off of the blockchain find another technology to facilitate your needs because obviously you've missed the entire point of blockchain.>>14145266It removes pic related from Bitcoin.
>>14145286If you can't compete join a pool or fuck off and find a new job.
>>14142930wouldn't that mean that the elite buys into a part of btc, then pumps it like they want. if so wouldn't it be good to be on the btc side, or will they just crash it into the ground?
>>14145295Explain yourself. How does segwit fit into this? BTC was never a democracy, it's a meritocracy, based on hashpower and always was.
>>14145338That's still irrelevant, since those who want to use the blockchain can do so without any issue. Those who don't can use LN or whatever shitcoin.
>>14144714they support bigger blocks. it will take years upon years before 128 MB blocks are filled.>>14145286welp, foolish me for thinking you were maybe serious with this thread. hopefully someone else learned something.
>>14145344That will result in everyone joining a few massive pools and the blockchain will be super vulnerable to 51% attacks.What you said is not even an argument, some kind of ad-hominem attack. Are you sure you're not a shill? If you are you can fuck off, I'm only interested in discussion here.
>>14145413That's not an argument. Explain how bigger blocks don't promote mining centralization. Recent example: BCH got 51%ed. Are you a shill?
>>14145373Somewhat...but what are you going to do? Guess whats going to happen to the lgbt conman and money launderer? You ever seen a head split open? Thats your options teenager.
>>14145382Segwit changes where signatures appear in the block, making it no longer a "chain of digital signatures". The reason for this was to increase throughput, but the gains were dismal. The real reason was to make it easier to integrate a banking layer (Lightning Network).>>14145399Why is this always the logic you people arrive at? Either you have no forethought or no hindsight or either. https://bitcoinfees.info/Lightning Network isn't "optional" at scale.
>>14144747MORE TRANSACTIONS THAN BTRASH NIGGER
>>14145416>>14145434You mean like how it already is?https://coin.dance/blocks/todayMining isn't something done in your cuckshed anymore.
>>14145459Excuse me? Please explain where I'm wrong with that logic instead of insulting.
>>14145494So you want it to be even more centralized so all transactions are verified by a single pool?
>>14145503>instead of insultin>calls me a shillGo fuck yourself, brainlet faggot.
>>14145529That's your argument? I inquired whether you're a shill or not. Since you seem to rely on ad-hominems instead of defending your position.
>>14143131>roadmapBSV team has made no commits ever
>>14142879if you don't believe me or don't get it, I don't have time to explain it to you. Have a nice life.
>>14145936>BSV is for cultist who don't question anything onlyis what you are saying
>>14142879BTC sucks assballs, BSV reverse sucks assballs. Meaning it's good.
>>14144747Completely false, currently the BSV blockchain can handle 128x the traffic of BTC and next month 2000x the traffic. Technology matters.
>>14144747No one's using BSV? Lol more TX than BCH and it's only 6 months old. The weatherSV app just got it's 1 millionth TX and BSV is set to overtake BTC transactions in a couple of months, easy money, easiest 1,000x you'll make in this lifetime.
>>14146121>>14146092You guys might be right, but bigger blocksize is a crap scaling solution cause it enables more mining centralization. It's more important to have decentralization than scaling.
>>14145571You're a dumb nigger
>>14143131>the BSV roadmap says to "almost" restore itself to bitcoin 0.1 in February 2020, with a planned update they have named "genesis"where can i read more on this?
>>14146161LOL you don't even know what centralization means, you are parroting a dumb meme created by blockstream to justify them sabotaging Bitcoin.
>>14146161>muh raspberry pi nodeyou fell for blockstream propaganda
BSV = BASEDBTC = KEKED
>>14146207Indeed. Bitcoin was never intended to be run out of cucksheds at scale.
>>14146207>>14146161What do you not understand about BIG SERVER FARMS? Satoshi spelled it out for you fucking 9 years ago how the system is supposed to work.
>>14146262>satoshiIt's nChain propaganda.
>>14146256At first I was about to correct you, as the file is named "nChain scaling", but I recognized it as an original Satoshi quote.https://satoshi.nakamotoinstitute.org/emails/cryptography/2/Well played.
>>14146161Bitcoin mining IS decentralized. Bitcoin's game theoretic model is a Stackelberg multi-leader game. The leading miners game theoretically push up the blocksize, but they can't afford to lose 51% of the other miners, therefore they have to make educated guesses on how much to scale without risking losing money to orphaned blocks.The verbal application of saying "mining itself too centralized" is utter and complete horse shit. I'll lay 50 to 1 you can't give me any valid metric to measure it. I'll do you one better: even if there were only 2 massive miners worldwide with mining rigs in a few countries, Bitcoin would be "decentralized" enough following your clinically retarded definition. Because the entire security model of Bitcoin revolves around economic incentives securing the network, NOT the amount of individuals behind it, fucking absolute mongo-tier brainlet fucktards.
It took me like 20 fucking minutes to get two confirmations transferring one btc. Btc is a slow piece of shit.
>>14146374Based 4D chess anon.
>>14146399Dude that is fast for BTC. When the network is congested, which happens often, you have to wait literal DAYS for confirmation, unless you pay exorbitant fees, making it totally unusable for payments of any kind. The more popular BTC gets, and the more people who use it, the worse it becomes. That's the future of money! Guaranteed to 100000x lmfaoRetards.
>>14146207explain then, what centralization means? I ain't parroting anything, it's just the logical sequence of events.>>14146256>>14146262what you said doesn't matter, since it's self-evident that being vulnerable to 51% attacks is undesirable
>>14146470No Anon, you are the retardIf you are rich enough to be transfering significant amounts of BTC, you should be increasing the tx fee you pay to be prioritised by the miners. You would know this if you didn't have 0.005btc total on kikenance
Bitcoin needs to die.
>>14146356Correction, the number of miners does matter somewhat, but by far the out-weighing factor is the economic incentive-driven one.
>>14146356You're just throwing big words around in an attempt to confuse the readers. Please explain step by step how that would work.
>>14146489BTC isn't susceptible to 51% attacks, go ahead and try. BCH and BSV both are at the current time, I'll admit that. The reason being is they don't have the hashpower that BTC has. It will not stay like this for long. I expect hash to start moving in big ways after the two block size increase next month, but especially after the halving (if a majority hasn't migrated already). Pic related.
>>14146489Centralization is about the power to change the protocol. If somebody can change the protocol it is no longer decentralized. A rogue developer putting in checkpoints to override nakamoto consensus is centralization (BCH). A committee of developers putting in shit like segregated witness that does not belong in the bitcoin protocol is centralization (Blockstream).Bitcon is not supposed to be a fucking democracy, or technocratic oligarchy. It's supposed to be an immutable MONETARY SYSTEM that is set in stone. If it can be changed by any group, it will fail. If you want to change it, make your own fucking coin and COMPETE.
>>14146655No one can make any node run an undesirable version of the software, so that doesn't make any sense.
>>14146531I just wanted to pay 2 dollars in Bitcoin to the musician on the street corner so I have to pay 4 dollar BTC network fee to do that and my transaction will be confirmed within the next 2 hours. Makes total sense.If I use BSV it costs me $0.005 fee, and he receives it INSTANTLY.BTC is a fucking shitcoin hijacked by commie kikes, and you are scum for defending it GTFO
>>14146685It's not about desirable or undesirable. It's about changing the rules of the game. You can NOT have that in a global monetary system, what is the point of Bitcoin then? It's just fiat ruled by committee no different than the current financial system. Transactions made today has to be valid and sound in 50 years, operating under the same protocol rules. Otherwise it can not function as money.
>>14146729The use case of Bitcoin is better realised as a store of value, I don't bring gold bars to buy soap, I don't pay for my dinner in silver bullion. If you want to pay for smaller things, there are coins and off-chain projects for that. One BTC is equivalent to the owning 700 acres of land. Do you pay your rent in square feet of a farm?
>>14142879One has blocks that are too small to be useful.The other has blocks that are too large to maintain a stable network.BCH is the only useful fork.
>>14146802Shut the fuck up and read the Bitcoin white paper. Bitcoin is a PAYMENT SYSTEM, you can shove your "sToRe oF vAluE" blockstream propaganda up your ass where it belongs.
>>14146790That's incorrect. As long as development is decentralized as it is, there is absolutely no problem in changing the rules, since those who disagree with the new rules can always fork and the best fork will be the one that survives.
>>14146802also nice fucking store of value LMAO faggot
>>14146838Your centralist mindset is showing. The whitepaper or satoshi isn't an all-knowing deity that should have authority over everyone else. That's the whole point of having a decentralized currency - everyone can develop and use it, and time will show which fork is the best.
>>14146864The ones who want to change the rules can fork the fuck off and start from ZERO with their new shitcoin rules.Literally the opposite is what happened to BTC. The development is centralized because Blockstream decides what changes are made.
>>14146900Yes your shitcoin is going to 0. Have a nice life.
Does this bot know something?https://twitter.com/ish_tru/status/1139150025521541122?s=19
>>14146902It was literally forked like you said, the blockstream fork just had far more support.
>>14146915Rekt by FACTS and LOGIC?
>>14146931Blockstream changed the protocol fundamentally and kept the coin. It's fraud because BTC stopped being bitcoin the moment segwit was added.BTC is NOT Bitcoin. It's an exchange ticker for Blockstream coin. Bitcoin is a protocol described in the white paper, full stop. The exchange ticker is BSV
>>14146982What's your point? It is still the superior coin because it has far more hash power than any other. It's more decentralized and secure.
Should I just hold equal weights of BSV, BTC, AND BCH. Rebalance quarterly? Help me out here.
>>14146982It doesn't matter how true it is to the whitepaper, as long as it does what a cryptocurrency is supposed to do well: being decentralized, secure, resistant to censorship. Scaling is a secondary concern.Your attachment to the whitepaper is irrational.
>>14147046>Should I just hold equal weights of BSV, BTC, AND BCH. Rebalance quarterly? Help me out here.Looking at the level of BSV supporter arguments on this thread I would strongly advise against it. Seems like a meme coin.
>>14142879pic related.its from thecaseforBSV.com which has more infos
>>14146998It's a shitcoin that doesn't scale. It has no future, and is only used as a speculative vehicle to accumulate more fiat. When early investors cash out fiat gains at the expense of later investors, while trying to get new money flowing into the system to enrich bagholders do you know what that is called? A ponzi scheme.Fittingly, BTC is nothing but a glorified ponzi.>>14147003Can you point me to the page in the Bitcoin whitepaper where Schnorr signatures, CTOR and Avalanche is a part of the protocol?Thanks in advance.Also I am clearly talking to low IQ morons who don't grasp the most basic principles of Bitcoin, who never read the white paper and has no understanding of economics. You will lose everything, and you deserve it.
>>14147093Imagine trying to sync gigabyte blocks holy kek Probably takes days to propagate
>>14147082Why do you fear BSV so much? Is it because deep down you know it has a real possibility of flipping Corecoin?
>>14147125>what is SPV
>>14146838Yes, it can be used as a payment system. However, in it's current implementation it takes time to confirm transactions. A time that is lessened if you are willing to pay more to have your transaction verified in the ledger faster.
>>14147093>>14147167Nice meme. Not really an argument.
>>14147125apparently CSW researched exactly that for years. The BSV BigBlockTestNet (separate testnet!) just recently managed to produce a stable series of 1GB blocks and they aim now for 2GB. i really urge you to check out thecaseforbsv.com, the site has been floating around for a while here on biz and has some insights.
>>14147121Do you have evidence for any of your claims? As far as I can see BSV is far worse, because it sacrifices decentralization, security and censorship-resistance for scaling, which is obviously a really bad idea, and really, no different from legacy banking.
>>14147167He's a low IQ blockstream shill pretending to ask unbiased questions. You can always rat them out after the most elementary inquiry.
>>14147121>Schnorrclearly better than RSA, but were patented when Satoshi wrote the paper.>CTORthe whitepaper and first versions were not tested under intense load. BSV fails at 20MB+ blocks, BCH has optimisations, hurr durr we need to be dinosaurs and never improve.>Avalanchewhat's wrong with instant payments that are not possible with BSV today?Since you're a smartass pajeet could you point me where in the whitepaper did you read about the OP_LSHIFT and OP_RSHIFT pajeet operations that faketoshi and his cult added to a perfectly fine script language?
>>14147227If you think so, please rat me out.
I sent my gf some BSV on HandCash and it literally took less then 20 seconds to show up on her wallet... This has a real chance of mainstream adoption. Plus the [email protected] style address' are super normie friendly, its just like sending an email.I have tried to show normie crypto and let me tell you they get very intimidated when they see the old school addresses f84h7f6h64jf83o2bf7f6393h3u7d63h and some people think they need to type that etc.
>>14147179Bitcoin was always instant and low fee until blockstream INTENTIONALLY crippled the protocol.It's still instant and low fee on BitcoinSV.COPE
>>14147234BCH is the real bitcoin
>>14147258I'd like to see evidence of that, sounds like a conspiracy theory.
>>14147251I already did by dismantling your retarded narrative, conveniently all of Blockstream talking points.Stay dumb and poor.
>>14147082>BTCA useless shitcoin turned into a ponzi. Still even I, an early adopter and big blocker hold some, because it's what normies associate crypto with. It also holds its own well during bear markets.>BSVA completely useless scamcoin led by liars and criminals. One of them is a billionaire, however, so if you find it cheap (it's expensive now) it could be worth buying a few just for a gamble - as billionaires could potentially do a pump and dump.>BCHHas all the early adopters turned billionaires working on its infrastructure. It is just as stable as BTC (without the small block compromise) yet it can also be used for transactions. It has an ambitious roadmap that FIVE reference client teams are working on. The first early devs (Gavin Andresen and Mike Hearn) have expressed support. My largest stack of the 3 is BCH.That said BNB and LINK brought me much more money than any of those 3 above.
>>14147258I have no idea why I even bothered. Craig is a fraud, you are easily led
>>14147296You haven't dismantled anything. The only argument I can see from you is MUH WHITEPAPER, which isn't really valid, as there's not supposed to be any central authority in crypto.
>>14147304BCH just got 51% attacked, no idea what you're on about.
>>14147234None of that is Bitcoin, sorry.Also BSV has instant paymentshttps://www.youtube.com/watch?v=1xdNz5OZqJghttps://www.youtube.com/watch?v=1xdNz5OZqJghttps://www.youtube.com/watch?v=1xdNz5OZqJgYour BAB coin is shit, and it is not Bitcoin. Best of luck attracting drug dealers, money launderers, human traffickers, terrorists and other criminals which is your target demographic. Surely this will ensure global adoption of Amaury BAB coin and his criminal friend Roger "pipe bomb" Ver.Time to COPE
>>14142930He said technical differences not tin foil hat differences
>>14147371How much do you get paid for shilling with the same debunked talking points over and over again?
>>14147292It's a conspiracy fact, not a theory. They literally celebrate and pop champagne when the network is congested, look it up lol they openly brag about crippling Bitcoin.
>>14147304Everyone who mattered in BCH + diehard bitcoin supporters moved over to BSV. BSV is getting so muxh more development done.BSV also has more daily transactions per day vs bch.BCH is ran by radical anarchists while BSV will be ran with governments and businesses in mind.BTC deserves no mention as it is already a given that it will die.
>>14147315Craig is Satoshi, and he has legal copyrights to the Bitcoin white paper AND the early Bitcoin code.How mad does that make you?
>>14147365>BCH just got 51% attacked, no idea what you're on about.BCH got a majority of miners reversing a malicious transactions in THE ABSOLUTE SAME WAY they've done it on BTC. I guess only the first part of the truth came to you, maybe you're reading propaganda?
>>14147452I have legal copyrights to your mum
>>14147407Does facts trigger you?
>>14147426>>14147452shilling intensifies. literally didn't address any of my points.
>>14147371I was talking about actual instant transactions, not promises and theoretical instant transactions that get reversed after a self-reorg because your network cannot handle big blocks.
>>14147468LOL it has never been done in BTC. Show me the evidence. And it goes without saying that the network isn't decentralized nor secure if they are able to do that. Transactions should be irreversible.
>>14147428>Everyone who mattered in BCH + diehard bitcoin supporters moved over to BSV. Literally only the annoying pajeets moved to BSV, significantly increasing the average IQ of the bitcoin community.Peter Rizun, the Bitcoin.com crew, Jihan Wu, Haipo Yang, the Kraken guys, Brian Armstrong, Roger Ver, ViaBTC are all BCH supporters now.BSV got pajeetoshi lmfao.
>>14146121weatherSV is a demo app and the tax fees are paid by Ayrenot a real world use caseD E M O
Someone please tell me that the pro-BSV crowd are trolling. Please, to restore my faith in humanity. It's just a joke, right?
>>14147478yes it do pajeet
>>14147458Triggered cucks getting obliterated by reality in this thread. Oh man the pure assblast from core kikes fuel me.
>>14147529>didn't even address any of my points.
>>14147494>show me the evidenceSure thing bud:https://freedom-to-tinker.com/2015/07/28/analyzing-the-2013-bitcoin-fork-centralized-decision-making-saved-the-day/
Why would anyone support a centralized kiked coin? BSV is trash and anyone with a brain can see it. This is why we need to support LINK 100% and grow together. Stop falling for snake oil salesmen.
>>14147572> This is why we need to support LINKI only support BCH mane. By support I mean want it to do real-world change.LINK is just for profits.
>>14147485LOL try to double spend any moneybutton transaction, all of them are 0-conf transactions. Surely you could just steal all the millions of dollars being transacted on BSV if that was the case, because they all go through with 0-conf.But you can't because you are lying kike. Get fucked.
>>14147567Yikes. I guess BTC, BCH and BSV are all trash. I'm out.
>>14147304>>14145164Based.But we need separate BCH threads to BTFO BSV on sight, without the BTC nuisance brought in.
>>14146031Do your own research you fucking faggot there are so many fucking differences it takes hours to list
>>14147587you were born a niggerand you will die a nigger
>>14147615This. Fuck all visions of bitcorn.
>>14147549You never had a point, you are low IQ imbecile maggot.I am educating the smart lurkers in this thread, people like you are completely irrelevant. Nothing you say has any value to anyone, nothing you do has value to anyone. You are bottom feeder scum destined for the garbage heap of life. Sucks to suck.
>>14146802you dont do that because lugging around gold and silver is inconvenient and most businesses dont accept it. bitcoin can be both hard usable money and store of value you gd brainlet.
>>14146864thats fucking retarded. stability is of paramount importance. changing the protocol constantly is completely unneeded and a dead-end.
>>14147663Nice meme. Now go address my points about decentralization, security and irrational attachment to the whitepaper, pajeet.
>>14147696It is not changed constantly. It is changed whenever necessary, as decided by the community.
>>14144747>You don't get how block chain works the movieLet say I had a small bucket of water, I would need to hold many buckets at once to hawl more water and I would have to do it over and over to transport itBSV is like having a train that carries all the water you need
>>14147774you're retarded. VISA can do that better and is also centralized, just like BSV. completely missed the point of blockchain.
>>14147224all those concerns go out the door as it grows. eventually every nation will want its own mining operation. how is that for decentralization?
>>14147812Then it will still be decentralized. There's no point to crypto if it isn't though, so if BTC ever becomes centralized I'm getting out asap.
>>14147851It's already centralized.>>14146655
>>14146802>muh store of digital gold value
>>14146864>there is absolutely no problem in changing the rules>end the electoral college it was HER TURN
>>14148679That's incorrect, because literally everyone have the power to change the protocol, so it is decentralized in that sense.
>>14147003>checkpoints and wormhole
>>14148958Nice meme retard.
>>14147125Imagine never reading the whitepaper.
>>14147179>competing for space on the next blockWhat an utter dogshit concept. The only people who should be competing on Bitcoin are the miners who receive a monetary incentive to do so. Making users compete for nothing in return and no added value to the network (like security) is pants on head retarded.
>>14149067Explain how I'm wrong.
>>14149089There's absolutely nothing wrong with users paying higher fees to have faster transactions. In fact, that's how it should work.
>>14147485Reorgs don't effect spending what so ever. Every transaction on BSV gets to the next block, reorgs have NO effect on this. The only thing that effects getting onto the next block is small blocksizes.
>>14147517I've literally used it, wtf are you talking about?
>>14147794>unironically shilling for VISAsoon
>>14149117Why should it work that way?
>>14149117> In fact, that's how it should work.According to who? Blockstream? Because that is their talking point. And you ask how I know you are a blockstream stooge, you literally reveal yourself by parroting their narratives as if it was fact.Let's see what Satoshi has to say about this, you know, the person who actually created the system.
shoutout to my bsv brothers. these shills and npc's will get fucked soon
>>14148983>checkpointsUsed during every protocol update on both BTC and BCH. Your "Satoshi" never knew that and made himself look like a fool.>wormholenothing wrong with the protocol except that it's a just a basic OMNI fork, so it got abandoned. We now have SLP, which was co-authored by BSV's only infrastructure dev - Ryan X Charles, I wonder if you'll hate it or love it xD
>>14147518Reddit npc literally shaking huh
BTC has hit critical mass and will never drop below 13k againBSV is bullish for a 1000% adjustment
>>14149186Transactions literally got reversed though. Thankfully they're all fake transactions generated by CSW so nobody lost their money, but that won't be the case if the BSV shitcoin ever got adoption.
>>14149186Exactly, it's a natural part of Bitcoin. Literally nobody has read the fucking white paper, the most important document in all of crypto.
>>14149303>BSV's only infrastructure devNigger please.>>14149319>Transactions literally got reversedUtter bullshit. Show me.
>>14149234No one is shilling visa here, just pointing out that BSV and VISA are pretty much the same thing, as both are bound to be centralized.
>>14149341>BSV and VISA are pretty much the same thingYou're really showing your lack of knowledge on what the fuck a blockchain is.
>>14149268>>14149244How else will you prioritize transactions? I don't know anything about blockstream, but it makes sense for it to work this way, because otherwise anyone could spam the network with 1 satoshi transactions and go unpunished for this malicious behaviour. Fees are there for a reason. In fact, when all BTC are mined, fees will be the only incentive for miners to verify transactions.
>>14149363It is you who doesn't understand what the purpose of a blockchain is. Protip: it's not instantaneous transactions.
>>14149375>How else will you prioritize transactions?You don't need to. All transactions go onto the next block. >otherwise anyone could spam the network with 1 satoshi transactions and go unpunished for this malicious behaviour>Fees are there for a reasonHow does someone type this without realizing they've answered their own question?>>14149394No brainlet, you think Visa and BSV are at all similar. Probably because you understand crypto through the lens of LN and believe this shit all works like money transmitters.
BSV IS THE PHOENIX WHICH WILL RISE FROM BTCCORES ASHES AND USHER IN THE 4TH INDUSTRIAL REVOLUTION WITH MAINSTREAM ADOPTION AND METANET PARADIGM SHIFT.CHECK EM
>>14149303This is such a dishonest argument. Satoshi added checkpoints back when there was no economic security on Bitcoin, the coin didn't even have a real world price yet, he was one of the only miners and there was no protocol contention.An ABC fuckhead developer added centralized checkpoints during a contentious fork, completely overriding nakamoto consensus and ensuring that nobody could challenge their protocol changes. it is the definition of CENTRALIZED CONTROL. and the equivalent of dictatorship in governance.Even Andreas Brekken admits that it was a fatal mistake. Probably the worst single decision ever made for BABcoin.https://twitter.com/bsmith12251960/status/1063277772792102912
>>14149394it doesn't have to be instantaneous. the benefit is that it's an immutable ledger that acts as a business record, no hack or destruction of servers could destroy the data, has 0% chance of double spending, is not anonymous so no crime, and is timestamped for helping recording data
>>14149428You are suggesting to solve that by sacrificing mining decentralization, which defeats the point of a cryptocurrency.I don't care for LN, but I don't see bigger blocks as a valid solution either.
>>14149474>no mention of decentralizationso VISA but run on more computers
>>14149036A mrycle tree!? That’s all you got??
>>14149480>>14149499How can you still not understand the literal billion dollar industry of mining yet? Bigger blocks don't make mining anymore centralized than it already is. Do you actually think a few bucks for better internet and storage is going to wrench up multi-million dollar mining operations?
>>14149499pure decentralization is an anarcho wet dream. you think the powers that be will ever let people hide their money and spend anonymously? coders are bad lawyers
>>14149307This all skirts so close to Poe's Law that I can't tell who is being serious. Some of these posters have to be shitting around to stir up drama, they just have to be. How anyone could go around posting screenshots of the white paper and counting Satoshi's word usage, and think they are making a serious argument, is beyond me. Either this is quality bait, or they really do believe it in which case yikes.Either way I'm glad BSV and BCH exist to quarantine these types away from the actual bitcoin community.
>>14149575Apparently it does make a difference, looking at how BCH literally just got 51% attacked, while BTC was not.
>>14149608>Either way I'm glad BSV and BCH exist to quarantine these types away from the actual bitcoin community.
>>14149596Call it whatever you want, but that's the purpose of a blockchain. If you're okay with centralization, use legacy banking. It's much better than the blockchain in every way, except for centralization.
>>14149608>t. blockstream kike
>>14149628>>14146628I already explained that.
>>14149647>If you're okay with centralization, use legacy bankingGive me a fucking break.
>>14149466THIS. BTC IS KILL BCH IS KILLBSV HAS JUST BEEN BORN. If you pay attention to all bsv and csw threads, the shills always use the same talking points over and over.Remember fellow BSV warriors, both Blockstream And ABC have shills attacking BSV, they're terrified of people learning the truth about bitcoin.This attack on CSW exactly mirrors trump in 2016, and he ended up winning.
>>14149647You mean like lightning?
>>14149651>it will get better, I swear!we'll see when it does. for now it's a piece of crap as far as I can see.
>>14149608>the actual bitcoin communityHAHAHAHHAHAHAHHAHAHAHHAHAHHAAAHAHAHAHAHHAHAHAHAHA
Reminder that Bitmain holds the asicboost patent in china, and segwit dealt with that.
>>14149669Name a single thing the blockchain does better than legacy banking apart from decentralization.>>14149692Lightning is off chain, so it does not affect the main chain in any way. It's a personal choice whether to use it or not. If you want to sacrifice security for speed, you can use lightning. Otherwise stick with on-chain transactions.
>>14149708>Reminder that Bitmain holds the asicboost patent in china, and segwit dealt with that.Does that mean BCH is the most centralized?
>>14149697>as far as I can seeYes, because as discussed before you lack the forethought to see what's coming with fees and believe LN is truly optional for most people at scale.>>14149724>still shilling for banksBitcoin is a dream compared to legacy banking. You've clearly not used it.
>>14149671Yep. Remember when these threads get so many replies and stay on top for ages, drop big fat red pills for maximum visibility. Many minds can be changed like this, as hundreds of eyeballs are on the busy threads, which helps break the prevailing propaganda narrative.Assblasted core cucks HATE this one weird trick. Stay tuned for more!Truth wins.
/biz/ in a nutshell. Indians pretending to be white to shill BTC, and whites pretending to be indians to shill BSV.
>>14149724False, lightning allows blockchain transactions without signatures. It has nothing to do with Bitcoin.
>>14149429and yet bitcoin continues to rise....how do you explain that? you faggot ass indians think you got it all figured out lol. BTC is the standard and it looks BULLISH as fuck.
>>14149785REEEEEEE MUTE THE MINERS MAKE THEM GO AWAY!
>>14149782You can pretend to play 4d chess here all you want, the fact is that the coins you are shilling are a centralized piece of crap. You need to show evidence that it has potential to become decentralized. Your "forethought" means nothing here.I use both BTC and legacy banking rather regularly, and I can tell you that using credit/debit cards, for example, is faster, cheaper and more secure than BTC. The only problem is that it bends to central authority, unlike BTC.
>>14149818It's going to zero. Enjoy your pump and dump ponzi rollercoaster while it lasts.
>>14149787Explain how it works then.
>>14149844>this entire post
>>14149787>prevailing propaganda narrativesays the one who has no idea about how the blockchain works and was rekt on every singe retarded point he made. how much do you get paid for shilling this bs?
>>14149846blah blah blah, where is the sell fagboi? your man is a scammer and he gets exposed daily
>>14145198the community doesn't control bitcoin dumbshit, a it's a handful of mining farms controlled by the powers that be
>>14149903Nice meme faggot, now address my point. Decentralization is the only advantage a blockchain has over legacy banking. And it was literally designed for that purpose.
>>14149940Nice tinfoil hat. Now show evidence.
>>14149894If you paid attention, this entire thread is one long lecture by me on the fundamentals of Bitcoin, but you are too fucking retarded to grasp facts and logic. Or just paid not to, which is much more likely. It's irrelevant though as you aren't the target audience anyway.
>>14149960>Decentralization is the only advantage a blockchain has over legacy bankingNot at all. You keep saying this without telling me how legacy banking is actually better.
>>14149980You should try to be more subtle... Veterans of /pol/ have finely tuned shill detecting skills..
>>14150043It is faster and cheaper: instant free transactions with credit/debit cards.It is more resistant to fraud: if you get scammed, banks will either reverse the transaction or involve the police.If you get stolen from, there's a chance to get your money back, unlike on the blockchain, where transactions are irreversible.The only area the blockchain has advantage in terms of speed in is international transfers. That's what I use BTC for.Now of course all that comes with a disadvantage of centralization: your funds might get frozen if the bank doesn't like something you do and similar issues.
core cucks seething
>>14150061If I were a shill I would be memeing like yourself, instead of trying to have a proper debate.
>>14150083Ever heard of currency debasement faggot? What do you think is the point of an immutable ledger? What happens when (((committees))) can start to manipulate the system?That's a rhetorical question.
>>14150083>It is faster and cheaperNot its not and transactions are not free with credit and debit cards.>It is more resistant to fraudIts not. People get their credit cards stolen all the fucking time. Reversible transactions are a flaw not a feature. Bitcoin is proactive on fraud. Its impossible for you to steal my Bitcoin unless you get my private key and when I spend I don't have to input vital private information about myself like a credit card. If you're irresponsible with your private key, use a custodial service with insurance.
>>14150135That is what decentralization solves, idiot.
Also I found a picture of OP
>>14150160I believe Tone Vays will break his delusions and go all in BSV eoy.
>>14150155LOL yeah like "decentralization" stopped blockstream changes before. If the protocol can change it is not decentralized. If the (((committee))) wants to increase the BTC supply, or implement any other damaging change like RBF, they can and will.
>>14150151Credit and debit card transactions are free for the user.Reversible transactions are a feature of legacy banking, but it's a flaw of centralized blockchains like BCH, BSV.If you get scammed out of your fiat, there's a good chance you'll get it back with the help of banks and police. It is impossible with BTC.If I get your private key you are fucked, also it is not resistant to the $5 wrench attack. And no one will help you get your BTC back then.>If you're irresponsible with your private key, use a custodial service with insurance.So basically legacy banking.Come on dude, let's be real here. Normies are never going to be responsible enough with their private keys and they will always rely on centralized services for day to day purchases, which is essentially the same as using legacy systems.
>>14150227Anyone can change the protocol, since anyone can be a BTC dev, therefore it is decentralized. Already told you this before.
>>14150227If community doesn't want to increase the BTC supply, they will not, as nodes simply will not accept the update. It's that easy.
>>14150183He is not actually delusional, he is a political operative. He is a banking kike with a fake name funded by other kikes. He will do exactly what the kikes above him in the hierarchy tells him. So no, he will never switch to BSV in public. He might buy in secret, if he's not totally retarded.
>>14150260FALSE, Blockstream controls the github repo and thus have total control over any and all changes made to BTC. Any other dumb shit on your mind?
>>14142879go back to hindu u goddamn cowboy
>>14150237>Credit and debit card transactions are free for the user.>businesses totally just eat this costI bet you believe the same is true about corporate tax.>>14150237>So basically legacy bankingYes and no, I never said banking would go away. Retards like yourself need custodians because otherwise you'd lose your shirt. Banking as we understand it today would be much different though. Unlike you I generate on a laptop that's never been online and and air gaped. Once I spend I create a new cold and a new hot. Spend and store without much concern.
>>14150290Implying you cannot write code outside the GitHub.
>>14149774Well, that and bsv have done nothing to address it.
>>14150277>that picYou could be right. I can just respect him for not wanting a market full of useless shitcoins. It's my hope that many people will start seeing the light before its too late and they lose everything.
>>14150307>I bet you believe the same is true about corporate tax.That is irrelevant. Everywhere, whether you use cash or credit card, the price stays the same>Yes and no, I never said banking would go away. Retards like yourself need custodians because otherwise you'd lose your shirt. Banking as we understand it today would be much different though. In other words, BSV is a non-solution to a non-problem.
>>14150277Calling out kikes while advocating for a centralized blockchain. Is there no end to your hypocrisy?
>>14150275actually, it's not quite like that. If nodes don't update, but btc users do, then those nodes will soon be mining a worthless coin. It's called economical majority.
>>14150401Yes, it's still effectively decentralized though.
>>14150410It's even more decentralized
>>14150354>That is irrelevantIt's not. It's reflected in the price of goods and services. That was the entire point. Jfc, a business does not eat this cost.>In other words, BSV is a non-solution to a non-problem.Absolutely not. Just because some people chose to use custodians does not mean its true for everyone else, especially business. You're also missing the underlying principal of the matter, which is Bitcoin is hard money. Custodians do not change this and unlike LN users aren't forced to use them.
>>14150382It's actually amusing to me how stupid you are. It's like your brain is operating on gameboy color hardware, and you have no possible escape from this your debilitating biological impediment.Everyone should just point and laugh at the pathetic core cucks hahahaha
>>14150382It's actually amusing to me how stupid you are. It's like your brain is operating on gameboy color hardware, and you have no possible escape from your debilitating biological impediment.Everyone should just point and laugh at the pathetic core cucks like OP hahahaha keep buying BTC, please go all in, I beg you, it's not a ponzi I promise.
>>14150430>t's reflected in the price of goods and services.So you believe BSV mass adoption would drive down the price of goods and services? If you say so. Then explain. How BSV will make the transactions cheaper than legacy banking. Legacy banking can use way less computing power than even the most centralized blockchains, so the overhead will always be lower.>Absolutely not. Just because some people chose to use custodians does not mean its true for everyone else, especially business. You're also missing the underlying principal of the matter, which is Bitcoin is hard money. Custodians do not change this and unlike LN users aren't forced to use them.That will still only be valid if the blockchain is not susceptible to attacks. Which it very much is at the moment and I see no evidence of that changing in the future. Besides, LN does seem to solve the normie problem. Businesses can use the main chain to make important transactions, and run their own lightning nodes to sell coffee to normies, while at the same time having a main blockchain that is immune to attacks right now and in the foreseeable future.
>>14150548Nice meme, retard. I blasted you into oblivion with FACTS and LOGIC for everyone to see here. The other guy with green ID is at least putting up a decent fight. You're only good at insults and memes.
>>14150637>How BSV will make the transactions cheaper than legacy bankingLiterally costs a tenth of a cent. Credit cards are like 2%. You just don't know this because you don't understand costs of business. >>14150637>LN does seem to solve the normie problemlol how, LN is so much more complicated that sending a Bitcoin transaction. My sides weren't prepared for this.The only people running a LN node at scale are money transmitters.
>>14150700A key aspect to understand is that transferring a block over the network globally is not completely instant. The bigger the block is, the longer the block propagation statistically takes. However if you are propagating the block to part of the network that is close, like transferring the block to yourself (which of course means that you won't need to transfer the block at all), the latency disappears. If you find a valid block, this means that you have a slight mining advantage to mine with the new block as the last valid block, while other parts of the network is still mining on the old block as the last valid block, during the time the new block you just mined is propagated to the rest of the network. The larger the new block you just mined, the longer time you have to mine on the new block while other parts of the network are still mining on the old block as the last valid block. In an industry where even the slightest percentage wise of advantage leads to being able to outcompete your opponents, longer block propagation times means higher concentration of big parties on the network.
>>14150700Will see how much it costs when it has the volume of VISA. Right now it's nothing compared to that.> LN is so much more complicated that sending a Bitcoin transaction.Back end is somewhat complicated, but there are already front end solutions that are super easy to use.
>>14150724Miners can validate a block is valid with just the blockheader and begin working on the next block.
>>14150764>Will see how much it costs when it has the volume of VISAThe price of transactions only increase when there isn't enough space on the block. Unlimited blocks in February.
>>14150773That doesn't solve the problem I pointed out.
>>14145022bitbus means you can pull from the blockchain without a full node
>>14150652Every single argument you made has been dismantled, and the vast majority of arguments I've made you simply chose not to address. You literally just vomit the blockstream narrative and believe that counts as logic. Not good enough Moshe.
>>14150916I addressed every single retarded point that you made, which was pretty much MUH WHITEPAPER, MUH BLOCKSTREAM, MUH NOT REAL BITCOIN. You don't even have a good enough understanding of the blockchain to make a proper argument.
>>14150873It does actually.
>>14150986>>14150986How long does it take to validate a BSV block?
>>14150957So you are trying to make an argument about what Bitcoin is supposed to be, by discarding the original founding document, discarding the writings of the Bitcoin creator, discarding the original protocol, discarding how the system worked for the first ~5 years until a group of kikes hijacked it, discarding economic reality, discarding on all accounts objectively superior technological functions.Instead, you substitute all this knowledge with literal point for point Blockstream power point slides, and claim you won the argument.Please kill yourself.
>>14151043Seconds? Probably less.
>>14151208Your centralist mindset is showing. No one forces the miners to mine the BTC chain instead of BSV, Crypto doesn't need a central authority that will dictate what it is, it's the community that should decide what fits it best. Get it through your head, satoshi disappeared for this exact reason. BTC should not and does not have any central authority. It is being developed by many different groups, and mined as well, unlike BSV, which is centralized in every single way and probably will remain that way. It's a pump and dump scam by Dundee Nakamoto.
>>14151426I'll have to look into this more to understand, but my point still remains. BSV mining is centralized right now, it is vulnerable to attacks. I will consider it a viable competitor to BTC only when it isn't Your claim that it will be less centralized in the future holds no weight, since it's not backed by evidence, and even if you believe this, you're not clairvoyant. For now what you say is just baseless speculation.
>>14151677>not backed by evidenceYou can apply the same logic to BTC. We're both making predictions. Just because BTC has the hash now doesn't mean it will in the future and I have reasons to believe it won't.
>>14151720How about the fact that it always had it and still has. IF you named all of your reasons, I don't think they're nearly strong enough to make such a prediction.
>>14151819I've already given them throughout the thread and there are still plenty that I haven't. All BTC had to do was follow the whitepaper and none of this would have happened. Not just forks, but altcoins as well.
>>14151720Besides, I am not convinced it is a hashpower issue instead of a code issue. When BTC had much less hashpower it was never affected by any attack.
>>14151853Le whitepaper meme. So you think the whitepaper is more important than the all encompassing decentralization of crypto and interests of users? There's nothing wrong with forks and altcoins. If the community needs them let them have it.
>>14151856>code issueBSV doesn't have one since all it's doing is following the original protocol.>There's nothing wrong with forks and altcoins. If the community needs them let them have it.They wouldn't have needed them it Bitcoin scaled and didn't alter protocol. They actually are a problem. The more shitcoins there are the more hashpower gets divided the less secure Bitcoin is.
>>14151994>BSV doesn't have one since all it's doing is following the original protocol.I don't know the other differences, but the original bitcoin always had the block size limit. Also how does BTC not follow the whitepaper? Not that it matters much of course. >They wouldn't have needed them it Bitcoin scaled and didn't alter protocol. They actually are a problem. The more shitcoins there are the more hashpower gets divided the less secure Bitcoin is.There will always be forks and altcoins no matter how well BTC scales, it's not even about scaling. People will create all kinds of weird projects, vaporware, pump and dump scams, and of course there will always be conflict within the BTC community no matter what. Everyone can't have the same opinions on all matters, and that is fine. Forks are what enables the evolution of crypto, as the more useful coin holds its own and the shitcoins become forgotten.
>>14151994Why are you so convinced that the original whitepaper is the be-all-end-all of crypto? It was written 10 years ago, the situation is completely different now. Crypto needs to adapt instead of staying in the same place.
>>14146184https://bitcoinsv.io/2019/04/17/the-roadmap-to-genesis-part-1/>>14145434blocks don't instantly become full just because the max is 128, there will be years upon years upon years for global connection speeds to improve. at those levels bitcoin will seriously start competing with the world economy, if ever reached. mohammed in africa shouldnt be running a parasitic full node.many huge companies will move into mining over the years as bitcoin grows, multiple huge mining companies with million dollar hardware, staff and facilities won't break a sweat about validating and transferring 128 MB blocks every 10 minutes in 10 years when those kinds of blocks might start to become a reality. even today 128 MB in 10 min is laughable, think about how much bandwidth YouTube alone consumes. also it's bizarre to not think a global financial system would have practically endless resources, there will be dedicated fiber lines between countries for only bitcoin if it is allowed to just grow to that point.and no, nobody will "spam" 128 MB blocks with "fake" transactions because that will burn a hole in anybody's pocket within a day.
>>14152835BTC mining is already plenty centralized as is. Furthering that in any way is a baaaad idea.
>>14145338The entire point of blockchain is decentralization which can't be done with 128mb blocks right now
>>14152105>the original bitcoin always had the block size limitNo it didn't. It was added as a temporary measure for flood control before Bitcoin had any value.Forks and alts would have been entirely irrelevant. Something like Litecoin only began to gain value after bitcoin fees and transaction times skyrocketed.>>14152162If it's not, then fine. Make a different chain and compete, but don't call your shitcoin Bitcoin when it's really segshit lightning.
>>14152886Increasing blocksize does not increase centralization for the billionth time.
>>14153070Lul, segwit and lightning don't change pretty much anything, it's largely the same coin. Almost nothing has been changed. Why does it matter what the name is anyway? The best coin will win regardless of name.>>14153087Bullshit, you have to demonstrate that.>It was added as a temporary measure for flood control before Bitcoin had any value.Evidence?
>>14153363>segwit and lightning don't change pretty much anything
>>14153454Yeah? Tell me how any of these make the main chain any worse.
>>14153466I've already explained these things to you in this very thread.
>>14153545You haven't addressed this at all, as I did not ask.
>>14153557see>>14145243>>14145338and>>14145382>>14145459Literally me explaining to you these problems and you ignore them, circle around and hope I forgot. So tiresome.
>>14153594LN is still irrelevant, you can think of it as an altcoin or something. It still doesn't make the main chain any less bitcoin. Now increasing block size would.And what's the problem with changing where signature appears? You're just making some claims without actually explaining how it makes the coin worse.
>>14153696>just hold still while I move the goal posts secondGod, give it a rest. We've already discussed these things, so idk reread the thread because you don't seem to be absorbing anything and I'm done here. It's Friday and I've got shit to do.
>>14149669I see the happy merchant everywhere Now... Especially the LN.
>>14151208>objectively superior technological functions
>>14151208Imagine being such a braindead retard that you couldn't even imagine that both blockstream and craig are scammers fighting over having control of the biggest shitcoin.
>>14153363Lmao just stop bro. Your embarrassing yourself. Segwit and LN change literally everything. Its nothing close to the same coin. Its a frankenstein
>>14152886Blockstream talking points again.It won't centralize it any more then it already is, its basically all large scale miners at this point. Nobody is mining from their laptop. Technically all you need is 3 different pools and its decentralized
>>14153466Off chain transactions. The whole point is to have an IMMUTABLE PERMANENT PUBLIC LEDGER. doesnt fulfill that function with off chain LN payments does it? Causes transaction history to get lost and disappear.Either you already know this, you have cognitive dissonance or your a blockstream shill, which is it?
Craig is QBitcoin SV is BitCoinCorecuck shills in max damage control
>>14154486Saved.Tick .... Tock..
>>14150890so bitbus is a server connected to a full node that just parses parts of the blockchain?and nobody could possibly do this because it is copywrited?
>>14154024>braindead retard>having control of a decentralized system
>>14147224I hope you realize decentralization is a meme. Go back to reading your anarchist cookbook.