[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 87.

jbreher

legendary

Activity: 3038

Merit: 1660

lose: unfind ... loose: untight

Quote from: bones261 on November 17, 2018, 12:50:04 PM

You act as though the direction of BTC is set in stone and incapable of making adjustments if it becomes obvious that the current direction is going the wrong way.

It was obvious that BTC was going the wrong way last August. We fixed the problem in the manner available.

Quote

Also, I think it hilarious that the powers that be for BCH think a hash war is necessary, when Bitcoin already implemented more civil consensus mechanisms years ago.

More civil? By controlling the dialogue in all relevant channels such that alternatives could not be discussed? No thanks. Incidentally, hash war is the exact mechanism described in the white paper. I mean, I realize that Core-eans don't like Bitcoin, and think it is irreparably flawed, but at least recognize this for what it is. Governance via Nakamoto Consensus.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: cAPSLOCK on November 17, 2018, 03:37:47 PM

Quote from: Icutgrass205 on November 17, 2018, 02:44:00 PM

Quote from: bones261 on November 17, 2018, 02:39:15 PM

Quote from: bitserve on November 17, 2018, 02:32:09 PM

I am not a fan or Ver either, but I don't think it has any "legal implications". He runs a pool, according to the TOS he can redirect the hashrate at will, the users of the pool are being paid in BTC anyways (out of his own pocket) and he even clearly stated in advance his intention to do so. No case there.

On the other hand it is probably the SV side is also running rented hashpower on top of their own.

So we have both sides burning money each day.... but my bet is ABC will win as expected. BITMAIN has much more on stake here.

Also probably both will LOSE (in terms of short term loses and ticker price) the more the longest this ridiculous "war" goes on without one of the sides folding or coming to an agreement.

Too bad that I don't have a newer ASIC to help Ver redistribute his BTC wealth my way. Cheesy

I suppose that I could rent hash, but I'm not going to dump my precious BTC to weigh in on this mess. Cheesy

There is a good alternative..just dump it into my pockets <3

Ultimately this is your primary motivation isn't it?

nope, its p2p electronic cash for the world that can scale on chain

cAPSLOCK

legendary

Activity: 3766

Merit: 5146

Note the unconventional cAPITALIZATION!

Quote from: Icutgrass205 on November 17, 2018, 02:44:00 PM

Quote from: bones261 on November 17, 2018, 02:39:15 PM

Quote from: bitserve on November 17, 2018, 02:32:09 PM

I am not a fan or Ver either, but I don't think it has any "legal implications". He runs a pool, according to the TOS he can redirect the hashrate at will, the users of the pool are being paid in BTC anyways (out of his own pocket) and he even clearly stated in advance his intention to do so. No case there.

On the other hand it is probably the SV side is also running rented hashpower on top of their own.

So we have both sides burning money each day.... but my bet is ABC will win as expected. BITMAIN has much more on stake here.

Also probably both will LOSE (in terms of short term loses and ticker price) the more the longest this ridiculous "war" goes on without one of the sides folding or coming to an agreement.

Too bad that I don't have a newer ASIC to help Ver redistribute his BTC wealth my way. Cheesy

I suppose that I could rent hash, but I'm not going to dump my precious BTC to weigh in on this mess. Cheesy

There is a good alternative..just dump it into my pockets <3

Ultimately this is your primary motivation isn't it?

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Ryuuma on November 17, 2018, 03:22:18 PM

The N26 is a mobile-based banking service allowing its users to buy and sell cryptocurrency, among other things. This is good progress of addoption bitcoin cash on the real life.

Your post history gave me aids!

We are discussing serious things here. Go away fucking shitposter!

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: bones261 on November 17, 2018, 02:39:15 PM

Quote from: bitserve on November 17, 2018, 02:32:09 PM

I am not a fan or Ver either, but I don't think it has any "legal implications". He runs a pool, according to the TOS he can redirect the hashrate at will, the users of the pool are being paid in BTC anyways (out of his own pocket) and he even clearly stated in advance his intention to do so. No case there.

On the other hand it is probably the SV side is also running rented hashpower on top of their own.

So we have both sides burning money each day.... but my bet is ABC will win as expected. BITMAIN has much more on stake here.

Also probably both will LOSE (in terms of short term loses and ticker price) the more the longest this ridiculous "war" goes on without one of the sides folding or coming to an agreement.

Too bad that I don't have a newer ASIC to help Ver redistribute his BTC wealth my way. Cheesy

I suppose that I could rent hash, but I'm not going to dump my precious BTC to weigh in on this mess. Cheesy

The thing is... as much as I dislike Ver, Wright has made him the "good" one. Almost funny.

After showing their way higher hashrate Ver/WU are now signaling SV camp that they can both now lower their hashrates to reduce losses and more harm but Wright, being the insane egomaniacal guy he is, will probably interpret that as a signal of weakness and try to step up the game.

It is Wright who said he wouldn't accept other chain to survive and will commit every resource to kill it even for months/years. He has already lost the hashwar, now let's see if he go on guerrilla war and commit his threats of attacking the ABC chain... Something which could have clear legal implications btw.

Currently both chains are at 50% hashrate. WU/Ver are waiting for Wright/Ayre to step down before going lower themselves. The ball is on SV camp now.

Ryuuma

jr. member

Activity: 182

Merit: 1

The N26 is a mobile-based banking service allowing its users to buy and sell cryptocurrency, among other things. This is good progress of addoption bitcoin cash on the real life.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: bones261 on November 17, 2018, 02:39:15 PM

Quote from: bitserve on November 17, 2018, 02:32:09 PM

I am not a fan or Ver either, but I don't think it has any "legal implications". He runs a pool, according to the TOS he can redirect the hashrate at will, the users of the pool are being paid in BTC anyways (out of his own pocket) and he even clearly stated in advance his intention to do so. No case there.

On the other hand it is probably the SV side is also running rented hashpower on top of their own.

So we have both sides burning money each day.... but my bet is ABC will win as expected. BITMAIN has much more on stake here.

Also probably both will LOSE (in terms of short term loses and ticker price) the more the longest this ridiculous "war" goes on without one of the sides folding or coming to an agreement.

Too bad that I don't have a newer ASIC to help Ver redistribute his BTC wealth my way. Cheesy

I suppose that I could rent hash, but I'm not going to dump my precious BTC to weigh in on this mess. Cheesy

There is a good alternative..just dump it into my pockets <3

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: bitserve on November 17, 2018, 02:32:09 PM

I am not a fan or Ver either, but I don't think it has any "legal implications". He runs a pool, according to the TOS he can redirect the hashrate at will, the users of the pool are being paid in BTC anyways (out of his own pocket) and he even clearly stated in advance his intention to do so. No case there.

On the other hand it is probably the SV side is also running rented hashpower on top of their own.

So we have both sides burning money each day.... but my bet is ABC will win as expected. BITMAIN has much more on stake here.

Also probably both will LOSE (in terms of short term loses and ticker price) the more the longest this ridiculous "war" goes on without one of the sides folding or coming to an agreement.

Too bad that I don't have a newer ASIC to help Ver redistribute his BTC wealth my way. Cheesy

I suppose that I could rent hash, but I'm not going to dump my precious BTC to weigh in on this mess. Cheesy

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Icutgrass205 on November 17, 2018, 02:17:50 PM

Quote from: bitserve on November 17, 2018, 02:14:29 PM

Quote from: Icutgrass205 on November 17, 2018, 02:07:22 PM

Quote from: bitserve on November 17, 2018, 02:04:48 PM

Quote from: Icutgrass205 on November 17, 2018, 01:57:12 PM

Quote from: bitserve on November 17, 2018, 01:19:48 PM

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

But that's not news. ABC mining a 19.8MB block is.

SV has the dominant hash rate again

AGAIN? It has never had the dominant hashrate since the split started, that's why the ABC chain is almost 50% ahead in cumulated proof of work.

But yeah, THAT is news. Things are getting interesting

I really would like to also see some reorg attack attempts from SV to ABC. Then things would get really entertaining.

yeah just checked a few seconds ago. I think ABC only exceeded in hashrate because roger switched all the BTC mining pool hash to BCH..Which if im not mistaken has legal implications? SV=p2p electronic cash, ABC=PoS, WHC/plasma, and shitcoins

I am not a fan or Ver either, but I don't think it has any "legal implications". He runs a pool, according to the TOS he can redirect the hashrate at will, the users of the pool are being paid in BTC anyways (out of his own pocket) and he even clearly stated in advance his intention to do so. No case there.

On the other hand it is probably the SV side is also running rented hashpower on top of their own.

So we have both sides burning money each day.... but my bet is ABC will win as expected. BITMAIN has much more on stake here.

Also probably both will LOSE (in terms of short term loses and ticker price) the more the longest this ridiculous "war" goes on without one of the sides folding or coming to an agreement.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: NrX on November 17, 2018, 02:16:26 PM

Whoever is behind this genius move deserves award, how easily we escaped from BCH ticker. No more confusion as this has started to disappear already and in next few days there will be no BCH but ABC and SV. BCH has misguided lot of new comers those couldn't make difference in real and imposter version. Now there is only Bitcoin the real one and only BTC.

Perhaps a Darwin award. Cheesy

Unfortunately, I think only people who actual harm or kill themselves qualify. I don't think harming/ killing an electronic coin qualifies.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: bitserve on November 17, 2018, 02:14:29 PM

Quote from: Icutgrass205 on November 17, 2018, 02:07:22 PM

Quote from: bitserve on November 17, 2018, 02:04:48 PM

Quote from: Icutgrass205 on November 17, 2018, 01:57:12 PM

Quote from: bitserve on November 17, 2018, 01:19:48 PM

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

But that's not news. ABC mining a 19.8MB block is.

SV has the dominant hash rate again

AGAIN? It has never had the dominant hashrate since the split started, that's why the ABC chain is almost 50% ahead in cumulated proof of work.

But yeah, THAT is news. Things are getting interesting

I really would like to also see some reorg attack attempts from SV to ABC. Then things would get really entertaining.

yeah just checked a few seconds ago. I think ABC only exceeded in hashrate because roger switched all the BTC mining pool hash to BCH..Which if im not mistaken has legal implications? SV=p2p electronic cash, ABC=PoS, WHC/plasma, and shitcoins

NrX

sr. member

Activity: 770

Merit: 254

Whoever is behind this genius move deserves award, how easily we escaped from BCH ticker. No more confusion as this has started to disappear already and in next few days there will be no BCH but ABC and SV. BCH has misguided lot of new comers those couldn't make difference in real and imposter version. Now there is only Bitcoin the real one and only BTC.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Icutgrass205 on November 17, 2018, 02:07:22 PM

Quote from: bitserve on November 17, 2018, 02:04:48 PM

Quote from: Icutgrass205 on November 17, 2018, 01:57:12 PM

Quote from: bitserve on November 17, 2018, 01:19:48 PM

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

But that's not news. ABC mining a 19.8MB block is.

SV has the dominant hash rate again

AGAIN? It has never had the dominant hashrate since the split started, that's why the ABC chain is almost 50% ahead in cumulated proof of work.

But yeah, THAT is news. Things are getting interesting

I really would like to also see some reorg attack attempts from SV to ABC. Then things would get really entertaining.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: bitserve on November 17, 2018, 02:04:48 PM

Quote from: Icutgrass205 on November 17, 2018, 01:57:12 PM

Quote from: bitserve on November 17, 2018, 01:19:48 PM

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

But that's not news. ABC mining a 19.8MB block is.

SV has the dominant hash rate again

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: Icutgrass205 on November 17, 2018, 01:57:12 PM

Quote from: bitserve on November 17, 2018, 01:19:48 PM

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

But that's not news. ABC mining a 19.8MB block is.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: bitserve on November 17, 2018, 01:19:48 PM

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

Bitbobb

hero member

Activity: 1134

Merit: 525

Less hops. More wins.

pumpy, I am puting you on ignore. you and the core trolls have fun destroying cash and pumping shit.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: bones261 on November 17, 2018, 12:50:04 PM

Quote from: Icutgrass205 on November 17, 2018, 12:27:41 PM

Well, we wouldn't be in this situation if ABC would stop trying to add uneeded changes to the protocol every 6 months. SV=p2p electronic cash that scales on chain, ABC=WHC/PLASMA, PoS, and shitcoins. Oh and if you think btc will scale globablly, im afraid not my friend. Lightning network as a severe routing problem, GL with it in a few years

You act as though the direction of BTC is set in stone and incapable of making adjustments if it becomes obvious that the current direction is going the wrong way. Also, I think it hilarious that the powers that be for BCH think a hash war is necessary, when Bitcoin already implemented more civil consensus mechanisms years ago. Well, the good news is that if the powers that be end up bankrupting each other in this pissing contest, at least a new leadership could possibly step in with cooler heads.

You are right it is not set in stone, you have to ask yourself why core is so against on chain scaling and increasing block sizes. Very fishy, a hash war is not necessary but it is capitalism. Bitcoin is a capitalist system

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: Icutgrass205 on November 17, 2018, 12:27:41 PM

Well, we wouldn't be in this situation if ABC would stop trying to add uneeded changes to the protocol every 6 months. SV=p2p electronic cash that scales on chain, ABC=WHC/PLASMA, PoS, and shitcoins. Oh and if you think btc will scale globablly, im afraid not my friend. Lightning network as a severe routing problem, GL with it in a few years

You act as though the direction of BTC is set in stone and incapable of making adjustments if it becomes obvious that the current direction is going the wrong way. Also, I think it hilarious that the powers that be for BCH think a hash war is necessary, when Bitcoin already implemented more civil consensus mechanisms years ago. Well, the good news is that if the powers that be end up bankrupting each other in this pissing contest, at least a new leadership could possibly step in with cooler heads.

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 87. (Read 704531 times)