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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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7699188 No.7699188 [Reply] [Original]

>litecoin is a shitcoin, it's just a copy of bitcoin!
>bitcoin cash is the real bitcoin!

>> No.7699227

Buttcash is actually the real buttcoin though

>> No.7699245
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7699245

>> No.7699414

Of course this is the state of /biz/, you can't censor posts here like they do on Plebbit to shape public opinion.
Stuff that doesn't help the corporate narrative manipulate the market gets removed there, e.g. Tone Vays just found out he'll need to run a full node and a LN node to use Lightning Network, try to post his ignorance exposed on r/bitcoin : https://www.youtube.com/watch?v=9_WCaqcGnZ8&feature=youtu.be&t=40m4s

>> No.7699622

>>7699188
>>litecoin is a shitcoin, it's just a copy of bitcoin!
>>bitcoin cash is the real bitcoin!
The only difference between litecoin and bitcoin is block confirmation time and mining algorithm. Neither of these two differences amount to anything. Bitcoin Cash doesn't have Segwit, does have OpCodes, has canonical transaction ordering which allows for Graphene, is committed to having large enough blocks to do anything on the blockchain, BCH will have smart contracts and tokenization, BCH will have all privacy protocols. If you only look at the names then you would think Litecoin is more different to Bitcoin than Bitcoin Cash but if you look at the tech Bitcoin Cash is far more different.

>> No.7699705
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7699705

BITCOIN IS THE REAL SHITCOIN!

>> No.7699745
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7699745

>>7699622
Also BCH doesn't have LN which is designed as a mesh network then it means it can be sybil attacked with man in the middle attacks: https://arxiv.org/abs/1111.2626 any mesh network with a distance greater than d = 3 it means it is always easily sybil attacked. Basically the extra hops allow MITM attacks. To be resistant to sybil attacks it needs a distance of less than 3 like Bitcoin has. Bitcoin is not designed as a mesh, it evolves over time to have a low distance between nodes, which is what makes it secure. Bitcoin is not a mesh its a small world model, forming a giant node.