Topic: Bitcoin, Bitcoin Cash and Bitcoin SV (Read 333 times)
During the period we where to see an upgrade in the bitcoin code by including segwit september 2017, there was not 100% consensus in the community, some people believed that bitcoin is good as it is and just need bigger blocks, why others supported segwit that will include lightning network. So, Roger Ver and is team created an hard fork of bitcoin with bigger block size and named it bitcoin cash.
Well, honestly I would try to explain to you but I don't know if you would even believe me. Bitcoin is the original coin and we all know what bitcoin is, we love it, we use it, buy it, sell it and generally happy with it. Bitcoin cash was created back in the day (couple years ago) because some miners realized if you do segwith or lightning network into reality than the miners wouldn't make enough money from transaction fees so they created their own coins that allowed the transactions to be fast enough but still made miners more money.
Instead of cheaper and quicker blocks they made a coin that made bigger blocks so it would still be quicker but allowed people to pay fees in bulk. That is why bitcoin cash was created, than some crazy wacko came up and said he is the real satoshi and wanted to turn bitcoin cash into his own coin but failed so we now have bitcoin sv as well.
Instead of cheaper and quicker blocks they made a coin that made bigger blocks so it would still be quicker but allowed people to pay fees in bulk. That is why bitcoin cash was created, than some crazy wacko came up and said he is the real satoshi and wanted to turn bitcoin cash into his own coin but failed so we now have bitcoin sv as well.
With all of those explanations, I think OP you have understood on what you have to think of.
Like what they said, there's no need to explain about the rest of those fork coins. You must be focusing with Bitcoin itself.
Like what they said, there's no need to explain about the rest of those fork coins. You must be focusing with Bitcoin itself.
Can someone explain to me, what difference between Bitcoin Cash and Bitcoin SV. Why in Bitcoin SV block explorer, people get BCH for mining a new block?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
All these coins are obtained as a result of hard fork. They gave birth to each other, but I do not believe that they have a prospect, as the flagship of Bitcoin and the future behind it, despite its shortcomings ! Where Bitcoin SV coins are getting from? And what is BitcoinABC?
There's nothing to compare, Bitcoin's position in the crypto world is very strong and there is no way that it can surpass bitcoin in a near future, so better to stop thinking about it because Bitcoin is the mother of all coins so it is very difficult to beat.
Can someone explain to me, what difference between Bitcoin Cash and Bitcoin SV. Why in Bitcoin SV block explorer, people get BCH for mining a new block?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
Ok, first there was bitcoin, a coin with 1mb blocks every 10 minutes, but the spam attack comes and a lot of transactions got stuck for a long period of time, with blocks of 2500 transactions aprox and more than 100,000 transactions on the way this was looking a vuln. So, some devs come with the idea about a bigger block, but not all the community agreed with that idea, and then comes the fork, that was how BCH born with 32mb blocks.
At this point, we had 2 coins BTC and BCH, and to not make the story long some devs weren't agreed on the BCH idea and they decide to fork it again. In that point, BCH disappears and born BCHABC and BCHSV. So now we have those 3 coins.
that is because of the laziness of the website designer that only copied things from the alternative block explorer for BCH so now it says on top BSV explorer and the blocks are for BSV but he has forgotten to rename the term "BCH" to "BSV".
It seems like everything pertaining to BSV was thrown together in quite a hurry. I don't think CSW ever envisioned a scenario where his client did not win the battle for the BCH symbol. Websites, wallets, partners and block explorers were all developed after it came to light that there would be two coins as the result of this mess.
all of it has been a terrible mess! it is a full on war and the fires of it has been burning the whole market not just these two altcoins. having silly things such as wrong abbreviations are too small in comparison!
Can someone explain to me, what difference between Bitcoin Cash and Bitcoin SV. Why in Bitcoin SV block explorer, people get BCH for mining a new block?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
I can explain.
Bitcoin is a decentralized cryptocurrency, You can make a payment peer-2-peer freely. It is based on a blokchain network and there is a mining system on it. You can find a lot of info about Bitcoin and blockchain.
(I can share what is that also
Blockchain= https://blockgeeks.com/guides/what-is-blockchain-technology/
Bitcoin= https://blockgeeks.com/guides/what-is-bitcoin/
You can also find almost endless info with a basic search = https://www.google.com.tr/search?ei=J5wTXJucIJDHrgT2sICIAQ&q=what+is+bitcoin&oq=what+is+bitcoin&gs_l=psy-ab.3..0l6j0i22i30l4.27578.29392..29511...1.0..0.564.2925.2-3j1j2j2......0....1..gws-wiz.......0i71j35i39.4PoObwOhtek )
This is the hardest thing to tell about what is Bitcoin and Blockchain!
And it is also easiest thing to tell about Bitcoin Cash, SV and many other ones. Using the popularity of Bitcoin, just a bad copy created by people who don't care about other people's money losses and making money. They just a bad copy! I don't how they good or real! They are freak and unnecessary. The most important thing to note is that they were produced with a bad purpose, no matter what.
They are only copy from great masterpiece. So copies reveal the value of originals. Bitcoin is first one! And it is special. Like or not, don't trust any Bitcoin fork coins. I mean all of them. BCH, BCC, SBTC, BTX, BCX, ZCL, SV, BTG, BDC, Bitcoin Hot, BitcoinX, Oil Bitcoin, Bitcoin World, Lightning Bitcoin, Bitcoin Clashic... OMG I can't even call all of them. I think, there are more!!!
unlike some altcoins that when they launch they begin again at day one with no transaction history. BCH chain got split mid 2017(o below) from btc and retained a copy of btc transaction history.
then
BCHsv chain split last month(e below) from bch, retaining a copy of bch history(thus also retaining btc history before o too).
2009----------------------------------o-----2018 btc
|
2009----------------------------------o---e-2018 bch
|
2009--------------------------------------e-2018 bchsv
so if you had funds unspent on btc before (o) and you have not spend them as bch before (e) then you automatically have funds that you can spend on bchsv AND you can spend the same funds on bch AND you can spend funds on btc.
in short say you had $10.
but now have $10 american, $1 canadian and $0.50 australian
and all are fighting over which community is the real "dollar"
bitcoin core is the group in control of btc's rules/upgrade/proposal process
bitcoinabc, btc1 is the groups in control of bch's rules/upgrade/proposal process
bitcoinSV is the group in control of bchsv's rules/upgrade/proposal process
then
BCHsv chain split last month(e below) from bch, retaining a copy of bch history(thus also retaining btc history before o too).
2009----------------------------------o-----2018 btc
|
2009----------------------------------o---e-2018 bch
|
2009--------------------------------------e-2018 bchsv
so if you had funds unspent on btc before (o) and you have not spend them as bch before (e) then you automatically have funds that you can spend on bchsv AND you can spend the same funds on bch AND you can spend funds on btc.
in short say you had $10.
but now have $10 american, $1 canadian and $0.50 australian
and all are fighting over which community is the real "dollar"
bitcoin core is the group in control of btc's rules/upgrade/proposal process
bitcoinabc, btc1 is the groups in control of bch's rules/upgrade/proposal process
bitcoinSV is the group in control of bchsv's rules/upgrade/proposal process
that is because of the laziness of the website designer that only copied things from the alternative block explorer for BCH so now it says on top BSV explorer and the blocks are for BSV but he has forgotten to rename the term "BCH" to "BSV".
It seems like everything pertaining to BSV was thrown together in quite a hurry. I don't think CSW ever envisioned a scenario where his client did not win the battle for the BCH symbol. Websites, wallets, partners and block explorers were all developed after it came to light that there would be two coins as the result of this mess.
Bitcoin Cash is a fraction of Bitcoin. Even though BCH is a fork result from Bitcoin, BCH can improve the deficiencies in Bitcoin. One of them is BCH has a faster transaction speed than BTC. This speed will certainly benefit you as the owner of Bitcoin Cash.
there is bitcoin which is the trusted decentralized currency that people know of and have been using for years and has the majority support. then one day last year someone decided to copy it and create their own version of it and try to double the amount of coins they have so that they can earn some free money. so they created bitcoin-cash.
this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
Check this screenshot. It's Bitcoin SV block explorer. As you can see, transactions have BCH coins, and rewards for a new block also paid in BCH coins.this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
Why people get BCH coin for mining new block in Bitcoin SV?
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
that is because of the laziness of the website designer that only copied things from the alternative block explorer for BCH so now it says on top BSV explorer and the blocks are for BSV but he has forgotten to rename the term "BCH" to "BSV".
there is bitcoin which is the trusted decentralized currency that people know of and have been using for years and has the majority support. then one day last year someone decided to copy it and create their own version of it and try to double the amount of coins they have so that they can earn some free money. so they created bitcoin-cash.
this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
Check this screenshot. It's Bitcoin SV block explorer. As you can see, transactions have BCH coins, and rewards for a new block also paid in BCH coins.this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
Why people get BCH coin for mining new block in Bitcoin SV?
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
that is because of the laziness of the website designer that only copied things from the alternative block explorer for BCH so now it says on top BSV explorer and the blocks are for BSV but he has forgotten to rename the term "BCH" to "BSV".
there is bitcoin which is the trusted decentralized currency that people know of and have been using for years and has the majority support. then one day last year someone decided to copy it and create their own version of it and try to double the amount of coins they have so that they can earn some free money. so they created bitcoin-cash.
this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
Check this screenshot. It's Bitcoin SV block explorer. As you can see, transactions have BCH coins, and rewards for a new block also paid in BCH coins.this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
Why people get BCH coin for mining new block in Bitcoin SV?
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
there is bitcoin which is the trusted decentralized currency that people know of and have been using for years and has the majority support. then one day last year someone decided to copy it and create their own version of it and try to double the amount of coins they have so that they can earn some free money. so they created bitcoin-cash.
this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
this year someone else wanted to do the same so they copied the copy coin and created bitcoin-sv out of it and made a lot of money in one day.
Why people get BCH coin for mining new block in Bitcoin SV?
they do not. you are making a mistake.
if you find block of coin X you will get the reward for coin X. if you find block of coin Y then you get the reward for coin Y.
Bitcoin is the original made by satoshi. BCH is a shitcoin fork from an opportunist at getting rich - it worked. BSV is a shitcoin fork of a shitcoin fork trying the same trick as before. It failed and helped to destroy the market
One is a fork of Bitcoin and SV is a fork of Bitcoin cash. Bitcoin cash and Bitcoin SV are run by prior developers who split form Bitcoin core and now wanted to make money for themselves in a more greedy way by developing these other two coins, purely to try to oust Bitcoin from the top position, steal the miners and make a ton of money. They say it's in the good spirit of innovation but we know otherwise. First Bitcoin cash tried to bring the price of Bitcoin down with some Korean business and pump groups and then Bitcoin SV tried to hijack the whole CMC by Craig Wright bullying miners into submission to mine his coin at launch or he would dump his Bitcoin, which he did and caused this nice crash we have today.
Anyway, i can't understand, why in Bitcoin SV block explorer, mining pools get BCH for new block, and transactions have BCH coins. Where are Bitcoin SV coins? 
One is a fork of Bitcoin and SV is a fork of Bitcoin cash. Bitcoin cash and Bitcoin SV are run by prior developers who split form Bitcoin core and now wanted to make money for themselves in a more greedy way by developing these other two coins, purely to try to oust Bitcoin from the top position, steal the miners and make a ton of money. They say it's in the good spirit of innovation but we know otherwise. First Bitcoin cash tried to bring the price of Bitcoin down with some Korean business and pump groups and then Bitcoin SV tried to hijack the whole CMC by Craig Wright bullying miners into submission to mine his coin at launch or he would dump his Bitcoin, which he did and caused this nice crash we have today.
Bitcoin cash is a coin formed after the first fork that happened on bitcoin bitcoin cash has been around for some years but not to long ago this year bitcoin cash itself underwent disintegration to give rise to both bitcoin SV and bitcoin ABC you can get the two coin from some exchanges
Can someone explain to me, what difference between Bitcoin Cash and Bitcoin SV. Why in Bitcoin SV block explorer, people get BCH for mining a new block?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
Where Bitcoin SV coins are getting from? And what is BitcoinABC?
Jump to: