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Topic: Bitcoin Cash: BSV Backer Calvin Ayre Now Wants a Permanent Split (Read 140 times)

hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
there isn't an actual war unless someone attacks other chain. and there has been no such attacks. what they call "war" was simply miners choosing to mine a different altcoin that was more profitable while the creators of said altcoin still sticking to what they have been mining. (SV creators mining SV, BCH creators mining BCH)

He delights that a 64MB block published on Bitcoin Cash SV “proves to the world that we are correct and that Bitcoin, as originally designed, can already scale quite massively.” There is even talk of expanding to 1GB blocks, putting the potential footprint of a Bitcoin Cash SV installation, in terms of storage space, at 144GB per day.

it doesn't matter if you create a handful of large blocks in a controlled fashion. what matters are whether you can sustain creating that much every block of every day. and also whether you can still keep the system decentralized.
of course you can run a centralized server like Paypal or VISA and have 1 GB blocks! but what is the point of even having a cryptocurrency if you want to do that?
sr. member
Activity: 418
Merit: 262
The two projects are getting more different every day. Ayre doesn't even give a damn anymore about maintaining the BCH ticker.
jr. member
Activity: 185
Merit: 1
This mean war is getting over, but i think with thats drama bitcoincashabc is winning for price in exchanger, why bchsv dump and dump again?
full member
Activity: 694
Merit: 108
santacoin.io
In a blog post published this week, CoinGeek founder Calvin Ayre made substantial claims as to the nature of the seemingly-permanent split between Bitcoin Cash Satoshi Vision (BSV) and Bitcoin Cash ABC (BCH).

His first claim was that the Bitcoin.com mining pool had engaged in “a form of cheating” by diverting all its hash to BCH, including that intended for Bitcoin mainnet. This being the basis of his post, he went on to say that barring this hash diversion, BSV would certainly have won the so-called “hash war.”

The hash power that Ayre refers to was significant, totaling as much or more than the entire BCH network had had previous to the split. Roger Ver’s gambit play, as some might refer to it, resulted in a virtually untouchable network on the Bitcoin ABC side, which quickly grew several blocks longer than the SV chain.

In terms of “longest chain wins,” which is the Bitcoin consensus model of settling everyday blocks and transaction questions, Bitcoin ABC certainly won the early game. Ayre is undeterred by this fact, noting that his camp are dug in for the long haul — CoinGeek’s mining pool “always planned for this to be a long fight and still continue voting with our sustained hash power until the rented hash is gone, as I always said we would do.”

Ayre demonstrates a true belief in the what he considers the superiority of the Bitcoin Cash SV technology, whose first major change to the Bitcoin Cash system was to raise the network maximum block size to 128MB. “On-chain scaling,” as it’s called in the industry, in Ayre and Craig Wright’s eyes equates to having blocks large enough to fit an entire Linux distribution.

He delights that a 64MB block published on Bitcoin Cash SV “proves to the world that we are correct and that Bitcoin, as originally designed, can already scale quite massively.” There is even talk of expanding to 1GB blocks, putting the potential footprint of a Bitcoin Cash SV installation, in terms of storage space, at 144GB per day.

CCN | https://www.ccn.com/bitcoin-cash-bsv-backer-calvin-ayre-now-wants-a-permanent-split/
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