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Topic: Another miserable alt BTU - page 2. (Read 1546 times)

legendary
Activity: 4270
Merit: 4534
March 18, 2017, 06:12:05 AM
#14
Well in theory it will be an alt as it'll be a new coin, but it'll be based on a variant of Bitcoin and it'll split from Bitcoin so the majority of mining power supporting BU might result in this alt becoming more popular, thus making the "original" Bitcoin struggle.

Interestingly, I could see the old Bitcoin adopting SegWit and potentially becoming even more popular than BTU afterwards, so it'll be interesting to see how it plays out.

you do know that segwit is using a new block design (a 2 room apartment not a 1 room apartment)
you do know that segwit is using a new tx design (the mother(witness/sig/proof of ownership) is moved to another room away from the child(txdata))
you do know that segwit is using a new validation method (the family social worker(node) has a new checklist, leaving the old checkist less than full)

segwit is the new coin. and existed as an altcoin in the elements project. and has totally rewrote bitcoin into something totally different.

dynamics is using native keys and same validation, its just allowing more tx's in (more families into the 1 room apartment by knocking a wall down to have a bigger room)
hero member
Activity: 1792
Merit: 534
Leading Crypto Sports Betting & Casino Platform
March 18, 2017, 05:54:49 AM
#13
Well in theory it will be an alt as it'll be a new coin, but it'll be based on a variant of Bitcoin and it'll split from Bitcoin so the majority of mining power supporting BU might result in this alt becoming more popular, thus making the "original" Bitcoin struggle.

Interestingly, I could see the old Bitcoin adopting SegWit and potentially becoming even more popular than BTU afterwards, so it'll be interesting to see how it plays out.
BTU
newbie
Activity: 5
Merit: 0
March 18, 2017, 05:48:10 AM
#12
BTU Chinacoin will never be Bitcoin, nice to see the shills come out and play.

you are so gonna regret this...  Angry
kiklo, fyookball sic this arrogant newbie!
sr. member
Activity: 476
Merit: 501
newbie
Activity: 57
Merit: 0
March 18, 2017, 05:07:43 AM
#10
nice to see the shills come out and play.
Yeah, I hope that they're at least getting compensated well by Ver and Jihan for their efforts  Roll Eyes
sr. member
Activity: 476
Merit: 501
March 18, 2017, 04:54:28 AM
#9
sr. member
Activity: 462
Merit: 263
The devil is in the detail.
March 18, 2017, 04:28:17 AM
#8
BTU Chinacoin will never be Bitcoin, nice to see the shills come out and play.
legendary
Activity: 4270
Merit: 4534
March 18, 2017, 04:22:32 AM
#7

OP post is just the corporations of DCG wanting to take over bitcoin and make it a corporation TIER'd network and remove it from being an open independant PEER network

just look at the list of the corporations. and whos pocket they sit in

http://dcg.co/portfolio/

the original 'statement' exchange_handling_of_contentious_hard_fork_event.pdf was wrote by coindesk (DCG company)

.. its gettiing so obvious now, that they are literally admitting it 'we are:'
its time they either accept consensus, or just go play with hyperledger which is thir endgame anyway, and leave bitcoin to be the open PEER network not the corporate TIER network
sr. member
Activity: 277
Merit: 250
March 18, 2017, 04:06:32 AM
#6
aarturka is sorry , he can't tell the difference between BTC and Seg-Offchain-Crapcoin




You don't have to post you photo every time though it suits you. Just set it as your avatar
legendary
Activity: 1092
Merit: 1000
March 18, 2017, 01:32:13 AM
#5
aarturka is sorry , he can't tell the difference between BTC and Seg-Offchain-Crapcoin




Must be some new form of dyslexia you have there.   Cheesy




 Cool
sr. member
Activity: 277
Merit: 250
March 18, 2017, 12:41:18 AM
#4
I am sorry ,



you are forgiven but it's too late the decision was made and btu is alt
hero member
Activity: 924
Merit: 506
March 18, 2017, 12:40:21 AM
#3
When you are driving a car and your clutch doesn't work/pump oil to smoothly neutralize the gearbox you could force the gear down but it will damage the gearbox, while segwit is the oil bitcoin unlimited is the dry gear down.
I wonder if network splits who can keep competing with BU power over the network? wouldn't that become a central network overpowered by BU miners?
I imagine then the Core chain will activate SW and difficulty will decrease by half which opens many doors for the ones who were late to join mining and after a 6 months of mining it will grow back and we could see which chain was a success, this only a set back but not a total failure.
legendary
Activity: 1092
Merit: 1000
March 18, 2017, 12:15:04 AM
#2
I am sorry , Who Died and make you guys King of Deciding what is and what is not bitcoin.

The % of Miners with the Longest & Strongest Chain Determine what bitcoin is and what it specs are,

not a bunch of whiners that don't even mine. If you don't like those Cold Hard Facts , Tough , it is how PoW coins work.

If you are all Core / Blockstream Bitches, whatever, but the longest chain with the most difficulty is Bitcoin!

If you crybabies can't accept that , go get some counseling!




 Cool
sr. member
Activity: 277
Merit: 250
March 17, 2017, 11:41:50 PM
#1
First I want to sorry for posting in Bitcoin Discussion thread about alts, but exchanges were clear - BTU is just an alt:

"Since it appears likely we may see a hardfork initiated by the Bitcoin Unlimited project, We have
decided to designate the Bitcoin Unlimited fork as BTU (or XBU). The Bitcoin Core
implementation will continue to trade as BTC (or XBT) and all exchanges will process deposits
and withdrawals in BTC even if the BTU chain has more hashing power. Some exchanges
intend to list BTU and all of us will try to take steps to preserve and enable access to customers’
BTU. However, none of the undersigned can list BTU unless we can run both chains
independently without incident. Consequently, we insist that the Bitcoin Unlimited community (or
any other consensus breaking implementation) build in strong two-way replay protection. Failure
to do so will impede our ability to preserve BTU for customers and will either delay or outright
preclude the listing of BTU.
We are:
"

https://fs.bitcoinmagazine.com/assets/exchange_handling_of_contentious_hard_fork_event.pdf

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