[ 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: 703 KB, 1477x563, 1573518899435.png [View same] [iqdb] [saucenao] [google]
17502974 No.17502974 [Reply] [Original]

For me, it's bsv.

>> No.17503014

>>17502974
why exactly you like ShitCoin SV? just curious...

>> No.17503017

>>17502974
Kys faggot worshipping pajeet
Bsv is a scam
Creg is a fraud

>> No.17503020

>>17502974
Everything will go up in a bullrun. Dont even care, i only bought btc and got those other 2 for free.

>> No.17503027

>>17503014
It's bitcoin and it scales. Perfect money.

>> No.17503037

>>17503027
it's obviously an altcoin not bitcoin and it scaling as a distributed system is completely unproven. we always knew any centralized system can scale a billion times better than bitcoin. so ShitCoin SV doesn't actually bring anything new to the table.

>> No.17503069

>>17503037
Can you tell me how bsv differs from this paper? If not, then I think it really is bitcoin as it was meant to be.
https://bitcoin.org/bitcoin.pdf

>> No.17503086

>>17503069
>Can you tell me how bsv differs from this paper?
yes
>4.Proof-of-WorkTo implement a distributed timestamp server on a peer-to-peer basis, we will need to use a proof-of-work system similar to Adam Back's Hashcash [6], rather than newspaper or Usenet posts.The proof-of-work involves scanning for a value that when hashed, such as with SHA-256, thehash begins with a number of zero bits. The average work required is exponential in the number of zero bits required and can be verified by executing a single hash.For our timestamp network, we implement the proof-of-work by incrementing a nonce in the block until a value is found that gives the block's hash the required zero bits. Once the CPUeffort has been expended to make it satisfy the proof-of-work, the block cannot be changed without redoing the work. As later blocks are chained after it, the work to change the block would include redoing all the blocks after it.The proof-of-work also solves the problem of determining representation in majority decision making. If the majority were based on one-IP-address-one-vote, it could be subverted by anyone able to allocate many IPs. Proof-of-work is essentially one-CPU-one-vote. The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it.

>> No.17503103

>>17503086
but that's just one example really the most important one for that matter.
>Proof-of-work is essentially one-CPU-one-vote. The majority decision is represented by the longest chain, which has the greatest proof-of-work effort invested in it.
if you ignore this sentence then you can have a billion bitcoins. but in fact there is only one bitcoin. and that is obviously btc.