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Topic: [ANN] [BSV] [Bitcoin SV] Original Satoshi Vision - page 82. (Read 226361 times)

sr. member
Activity: 2632
Merit: 328

I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin

NOPE - u got it that way - but wrong. XRP is not global at all and is a scam coin / must be registered as security. It's just created out of thin air with no PoW at all.

Its indeed created like any other ICO, just with long sale period...but then again, big chunk of BCH and BSV is created the same way...out of thin air,
piggybacking on BTC success
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale

I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin

NOPE - u got it that way - but wrong. XRP is not global at all and is a scam coin / must be registered as security. It's just created out of thin air with no PoW at all.
sr. member
Activity: 2632
Merit: 328

I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  


You just described XRP  Grin
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
^ oh they're scared of Libra? that's hilarious. we aren't lol. it's a shitcoin. like bsv

I wonder how u ever could compare libra with BitCoin - is there some Zucki u have to ask for permission to join / pay him 10Mio USD ? Is Libra PoW ? Is it bottum up ?

But thx for brining that one up


BTW : BSV is BitCoin just clean & working from 2009 -> and no segwit .  How can this be shit?
sr. member
Activity: 1176
Merit: 297
Bitcoin © Maximalist
With Scaling there is no need for them any-longer, obsolete. The power of big blocks
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
I don't have a dog in the core vs bch/bsv fight although I do find what BSV is doing is interesting, whether it will succeed long-term who knows. But one thing I've always rejected is this idea that everyone should be running nodes. The only people who run coin nodes are nerds with an altruistic mindset run, there is virtually no incentive for the average person to contribute electricity and keep their computer on 24/7 or even worse, to dip into their own pocket to run a cloud server. Human beings are inherently selfish and the best way to entice someone to do something is pay them. This is the heart of capitalism. Miners get paid for the work they do, why shouldn't node operators, even if it is just a pittance in fees since the overhead is much cheaper? While cheap, it is still overhead though.

You know what is actually true decentralization? Millions of people actually spending and USING Bitcoin around the world and the numbers being so gargantuan that the governments of the world can never hope to shut it down. People distort what decentralization really is IMO. The fight in my mind should always be to evangelize and spread Bitcoin/crypto's use, not have academic arguments over which network of 0s and 1s is more spread apart than the other.

I didn't say everybody should be running a node. I just said that if the BSV blockchain gets too unwieldy in size, for example bigger than the biggest commercially-available hard drive, its going to be a real turnoff for service providers with a capitalistic interest in BSV to run nodes.

And you seem to be confusing a fork of a fork altcoin with Bitcoin. "Bitcoin SV" isn't Bitcoin. Its an altcoin that desperately wants to trick new users into believing it is Bitcoin. Bitcoin Cash already tried this (along with the whole bigger block thing) and failed. What is so special about BSV that would make it succeed where BCH failed?

Really, the whole debate is completely tired by now. BSV lost to BCH, which lost to BTC. Wake me up when BSV's hash rate begins to approach that of BCH's. Then we'll talk. Until then, I'm not bumping this thread anymore.

I say - only trusted services should run and care about CRITICAL IT infrastructure - esp if it aims for  

       >> GLOBAL FINANCE  ( yes banks, govs, exchanges, merchants ALL INCLUDED = GLOBAL).

I m sure u do not want anyone's money depend on how twitter trolls will collude and decide  on the next CODE FUCK UP like segshit or NO2X next time.  This is utterly LOL - like RBF and many more 'TROLL FEATURES' inside a global finance protocol !

  
legendary
Activity: 1246
Merit: 1000


With a couple of months of full blocks the blockchain would be so big that only a handful of nodes would be able to run it. It will be a completely centralized coin. Pretty far from "Satoshi's vision" if you ask me.

I don't have a dog in the core vs bch/bsv fight although I do find what BSV is doing is interesting, whether it will succeed long-term who knows. But one thing I've always rejected is this idea that everyone should be running nodes. The only people who run coin nodes are nerds with an altruistic mindset run, there is virtually no incentive for the average person to contribute electricity and keep their computer on 24/7 or even worse, to dip into their own pocket to run a cloud server. Human beings are inherently selfish and the best way to entice someone to do something is pay them. This is the heart of capitalism. Miners get paid for the work they do, why shouldn't node operators, even if it is just a pittance in fees since the overhead is much cheaper? While cheap, it is still overhead though.

You know what is actually true decentralization? Millions of people actually spending and USING Bitcoin around the world and the numbers being so gargantuan that the governments of the world can never hope to shut it down. People distort what decentralization really is IMO. The fight in my mind should always be to evangelize and spread Bitcoin/crypto's use, not have academic arguments over which network of 0s and 1s is more spread apart than the other.

jr. member
Activity: 53
Merit: 6
How is an economic system where anyone has equal opportunity to become a miner centralized? Who has the authority to stop other miners from competition?

I'm not necessarily talking about miners.

I'm talking about anybody who wants to be able to run a node not being able to do so. This includes 3rd party service providers. How are people going to be able to transact BSV if they don't have a wallet? Before long, everyone is going to be relying on the same 1 or 2 wallet provision companies.

Regardless, "anyone" does not have an "equal opportunity to become a miner." Its a prohibitively costly and resource consuming undertaking that cuts out 95% of the earth's population.


Miners are the nodes, and this is how competition works. It’s not fair to point fingers at the pioneers and tell everyone they are evil.

Yes, everyone does have equal opportunity to become a miner. But, not everyone has the resources to become a miner.

This isn't even a counterargument. It's a series of untruths and non-related statements randomly strung together.

Not all nodes are miners. Miners don't run 3rd party wallet provision or payment processing services.

I didn't point fingers at anybody or tell them they're evil.

How can you have an opportunity without the required resources?


Because everyone has equal opportunity to enter competition, it would be different if someone of a certain biological trait or nationally was restricted to competition, that’s not the case. Everyone can become a miner, it’s just that simple. This is how capitalism works.
jr. member
Activity: 53
Merit: 6
How is an economic system where anyone has equal opportunity to become a miner centralized? Who has the authority to stop other miners from competition?

I'm not necessarily talking about miners.

I'm talking about anybody who wants to be able to run a node not being able to do so. This includes 3rd party service providers. How are people going to be able to transact BSV if they don't have a wallet? Before long, everyone is going to be relying on the same 1 or 2 wallet provision companies.

Regardless, "anyone" does not have an "equal opportunity to become a miner." Its a prohibitively costly and resource consuming undertaking that cuts out 95% of the earth's population.


Miners are the nodes, and this is how competition works. It’s not fair to point fingers at the pioneers and tell everyone they are evil.

Yes, everyone does have equal opportunity to become a miner. But, not everyone has the resources to become a miner.

This isn't even a counterargument. It's a series of untruths and non-related statements randomly strung together.

Not all nodes are miners. Miners don't run 3rd party wallet provision or payment processing services.

I didn't point fingers at anybody or tell them they're evil.

How can you have an opportunity without the required resources?

We can go in circles here but your actions speak for themselves. You’ve gone through immense lengths to defame BSV more so than you’ve done anything for BTC. If BSV was a ‘scam’ and a ‘useless shitcoin, Why would you put everyday of your life into arguing against it and going through immense lengths creating a scam accusation thread on the subject? You spend hours (literally) everyday on this subject as though it’s your career. You’re obsessed with this hostile behaviour against anyone who praises BSV. You’re confused and threatened.

The alternative is to ignore the subject if you truly believe in what you say.
jr. member
Activity: 53
Merit: 6
How is an economic system where anyone has equal opportunity to become a miner centralized? Who has the authority to stop other miners from competition?

I'm not necessarily talking about miners.

I'm talking about anybody who wants to be able to run a node not being able to do so. This includes 3rd party service providers. How are people going to be able to transact BSV if they don't have a wallet? Before long, everyone is going to be relying on the same 1 or 2 wallet provision companies.

Regardless, "anyone" does not have an "equal opportunity to become a miner." Its a prohibitively costly and resource consuming undertaking that cuts out 95% of the earth's population.


Miners are the nodes, and this is how competition works. It’s not fair to point fingers at the pioneers and tell everyone they are evil.

Yes, everyone does have equal opportunity to become a miner. But, not everyone has the resources to become a miner.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale

Why I sold BSV and bought DASH:

1. at BSV blocks time up to 1.5 hours, it's not good enough for pay in stores, but dash now sends all payments instantly, the miners is an optional second layer of protection

2. BSV has not privatsend, the recipient of the payment can see how much money you have in your wallet

3. BSV is controlled by Bitmain, but the Dash's chainlocks makes such control impossible

Why i dropped DASH for VIOG and BSV

Because VIOG is almost the same as DASH with the same functions except that it costs extremely less, practical to discover the environment as an MN for $1 so largely at a lower cost because 1 VIOG = 0.0008€ the Coin Supply (VIOG) is 2.100.805 In addition it is developed and followed by a small community of enthusiasts who do not seek history to anyone and who try.

Why I choose BSV? Because right now they are the only ones that are cut to meet a global scale, it's like Bitcoin version 3.0. There is a lot of development around BSV which makes it exciting, new and constantly advancing. The only regret is the constant censorship that BSV is undergoing, especially here and there where there is a concentration of "infinite morons" who take turns only stirring poop in the fan. Or account blocking when you publish to make BSV known has become very common here.  

For the following I still have particular tastes because I also like CRW and CROWN for what he tries to develop all in opposition to the "classical currents".

Nico


Dropped and delisted

https://cryptonews.com/news/okex-korea-axes-privacy-coins-as-south-korean-purge-intensif-4654.htm
jr. member
Activity: 53
Merit: 6
SV blocks continue to grow in size. Despite drop in price, SV still more profitable to mine for the last 2-3 weeks. What’s going to happen if the blocks continue to grow in size at this rate?

https://sv.coin.dance/blocks

Anyone?

That's easy. The blockchain will become unwieldy in size, meaning even fewer nodes will be run than currently are, forcing SV to an even greater degree of centralization than it currently is.

Frankly I hope BSV blocks are all full one after the other -- the sooner, the better. The SV blockchain would grow at:

12 GB an hour
288 GB a day
2 TB a week
8 TB a month
97 TB a year

With a couple of months of full blocks the blockchain would be so big that only a handful of nodes would be able to run it. It will be a completely centralized coin. Pretty far from "Satoshi's vision" if you ask me.

Centralization

‘the concentration of control of an activity or organization under a single authority’

How is an economic system where anyone has equal opportunity to become a miner centralized? Who has the authority to stop other miners from competition?
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
SV blocks continue to grow in size. Despite drop in price, SV still more profitable to mine for the last 2-3 weeks. What’s going to happen if the blocks continue to grow in size at this rate?

https://sv.coin.dance/blocks

Anyone?

BitCoin will win Wink
jr. member
Activity: 53
Merit: 6
SV blocks continue to grow in size. Despite drop in price, SV still more profitable to mine for the last 2-3 weeks. What’s going to happen if the blocks continue to grow in size at this rate?

https://sv.coin.dance/blocks

Anyone?
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Wow, some guys bought 31k cheap ?

Lol - just do not pay attention too much to speculation ( for gamblers)  - better build useful apps on top-
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Silly intended BSV taunting:

Yet SV is up 2.12% in the last 24 hours.

Quote

Yep. Sans flames tho. This is fine.

I'd point out that BTC is up a meager 0.16% in the same time period. But that would just be rubbing salt in Boris' butthurt wounds. Not to mention the fact that I garner no joy in BTC's misfortune.

Flameout Boris flames out.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Undo twitter, learn about twetch

https://youtu.be/I_n1aNbyk2w

Yeah, ask Kevin Pham  Grin Grin Grin

There is good and bad, but marketing anyway
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Undo twitter, learn about twetch

https://youtu.be/I_n1aNbyk2w
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale

Why I sold BSV and bought DASH:

1. at BSV blocks time up to 1.5 hours, it's not good enough for pay in stores, but dash now sends all payments instantly, the miners is an optional second layer of protection

2. BSV has not privatsend, the recipient of the payment can see how much money you have in your wallet

3. BSV is controlled by Bitmain, but the Dash's chainlocks makes such control impossible

1. its P2P. U sign a txs and it is done instantly

2. it has enough privacy by not re-using same public adresses and in mass production, hard to find what single entities doing

3. lol, it's totally open for any investor to compete and such does not need communists regulations (locks, checkpoints, block size limits, fck crap rules,...)
hero member
Activity: 1988
Merit: 593

Why I sold BSV and bought DASH:

1. at BSV blocks time up to 1.5 hours, it's not good enough for pay in stores, but dash now sends all payments instantly, the miners is an optional second layer of protection

2. BSV has not privatsend, the recipient of the payment can see how much money you have in your wallet

3. BSV is controlled by Bitmain, but the Dash's chainlocks makes such control impossible
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