Gold collapsing. Bitcoin UP.

[cypherdoc]

i'm still waiting for my BSV 2G poison attack blocks and/or spam blocks.

 

[cypherdoc]

BCH is totally screwed up with such low level thinking as this. "can't trust the miners", ugh:

 

[Zangelbert Bingledack]

Adversarial thinking seems to be a socialist idea. Instead, think economically.

 

[kostialevin]

Genesis is approaching.. could please @shadders or @Otaci provide a short status feedback about the work to obtain all the todo listed here (https://bitcoinsv.io/2019/04/17/the-roadmap-to-genesis-part-1/)?

• Sunsetting of P2SH
• Replacing 32 math op codes with BigNumber versions
• Sunsetting OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY
• Restoration of original OP_RETURN functionality (with a fix for the OP_1 OP_RETURN vulnerability)
• Limited support for the original sighash algorithm to ensure any legacy transaction that have been kept offline become valid on BSV again
• Removing all extraneous limits on script sizes, transaction sizes etc…

Are we on track?
I hear voices that the lock down will be delayed..

Thanks a lot!

 

[freetrader]

BCH is totally screwed up with such low level thinking as this. "can't trust the miners", ugh:

You're reposting some random (Core? buttcoin? nocoin?) troll to support your argument?

Infallible logic. Top reasoning from BSV crowd.

 

[cypherdoc]

not at all. you have the same exact thinking as that idiot :

don't trust miners
devs determine blocksize
run your own full node
CSW bad

 

[freetrader]

Hahaha, you idiot don't even understand my thinking.

I don't "trust" anyone in Bitcoin, I trust that the system works as long as a majority of mining power isn't actively trying to sabotage it and developers don't screw it up cryptographically. You know, I trust it to work in the way that Satoshi described it to work, because of the incentives that I've seen working over the past 10+ years.

I never said everyone has to run a full node, don't be a fucking moron (oops, too late)

"CSW bad" - with that one I can't disagree, I consider myself in good company

As long as you folks here and those who run the show continue spending their money to support CSW, I think you are sabotaging BSV. Why you would want to do that, I don't know, but y'all do y'all. It's your money after all.
[doublepost=1573563162][/doublepost]

I hear voices that the [Genesis] lock down will be delayed..

Citation?
[doublepost=1573563376][/doublepost]

 

[Norway]

Great article @Christoph Bergmann! You are one of very few people who actually understands how KaChing works.

Article in German, Google Translate is your friend:
https://bitcoinblog.de/2019/11/12/die-zahlung-auf-den-kopf-gestellt-chipkartenzahlungen-mit-btc-bch-und-bsv/

 

[cypherdoc]

I never said everyone has to run a full node, don't be a fucking moron (oops, too late)

because you lie so often you're forgetting what you said.

 

[cypherdoc]

You know, I trust it to work in the way that Satoshi described it to work, because of the incentives that I've seen working over the past 10+ years.

yeah, and that apparently includes replay protection, EDA, DAA, exchange collusion, 10 block rolling checkpoints, CTOR, expulsion of other implementations, no blocksize increases, etc etc.
[doublepost=1573573740][/doublepost]btw, i thought you said you were done with this place and or me? yet, here you are again, same ol' bullshit. your "other interests" clearly involve managing this thread.

 

[79b79aa8]

- séchet: big blocks are unnecessary because reasons (and psst: BU devs are utter morons)

- wright: granted european patent for registry and management method for blockchain-enforced smart contracts

- BU devs: aussie man bad!

 

[Norway]

Is there a possibility of a persistent chain split on BCH this Friday? Or do we have to wait 6 more months?

 

[freetrader]

 

[cypherdoc]

same ol' arguments from the early days. some clowns never learn.
[doublepost=1573596555,1573595816][/doublepost]

Great article @Christoph Bergmann! You are one of very few people who actually understands how KaChing works.

Article in German, Google Translate is your friend:
https://bitcoinblog.de/2019/11/12/die-zahlung-auf-den-kopf-gestellt-chipkartenzahlungen-mit-btc-bch-und-bsv/

use English:

https://coingeek.com/wordpress-paywall-plugin-mediopay-runs-on-bsv/

congrats to @Christoph Bergmann! quote:

MedioPay is built on Bitcoin SV as it’s the only blockchain project that facilitates microtransactions. BSV’s very low transaction costs allow its users to send tiny amounts of money without worrying about the fees. This has led to the emergence of a thriving ecosystem of applications that are building on BSV, all solving real-life problems.

 

[shadders]

Genesis is approaching.. could please @shadders or @Otaci provide a short status feedback about the work to obtain all the todo listed here (https://bitcoinsv.io/2019/04/17/the-roadmap-to-genesis-part-1/)?

• Sunsetting of P2SH
• Replacing 32 math op codes with BigNumber versions
• Sunsetting OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY
• Restoration of original OP_RETURN functionality (with a fix for the OP_1 OP_RETURN vulnerability)
• Limited support for the original sighash algorithm to ensure any legacy transaction that have been kept offline become valid on BSV again
• Removing all extraneous limits on script sizes, transaction sizes etc…

Are we on track?
I hear voices that the lock down will be delayed..

Thanks a lot!

We are on track... 2 public testnets will be launched in the next 2 weeks with beta code not long after then a long test cycle begins which we'll be inviting public to participate in. In parallel we'll have a security audit of all the new code. We'll be heating up the comms channels on this in the next few days...

 

[cypherdoc]

wow, amazing work. way to go.

 

[79b79aa8]

@freetrader it is neither a proposal, nor an argument, but a de jure claim.

 

[cypherdoc]

i'll be honest; sometimes i wish CSW would just shut the fuck up. this talk about miners seizing coins based on gvt edict creates all sorts of confusion. personally, i don't think it's possible to get such widespread cooperation; like if the USG wants to stop donations to Wikileaks for leaking USG sensitive data. why would others agree with that, esp since they may actually want that. along with many other fine distinctions where other gvts just might not want to cooperate or have a broader view of what crypto can accomplish for the greater good. it would be a hella risky strategy for any single gvt to try and spearhead a seizure of specific coins imo. the best time to have done shit like this was over the last 11y, like with Ulbricht, or now with maybe Tether. i think it's too late for this so why does CSW fan the flames? either he isn't Satoshi and doesn't know WTF he's talking about or he is and is trying to placate gvts. i don't know which and i don't care. by my best estimation, BSV is on track with or w/o him.

PS: this exact debate was discussed ad nauseum way back btwn the years of 2010-2013, over and over and over...
[doublepost=1573604683][/doublepost]maybe the USG wants an intact, functioning BitCoin with all it's public transparency as an enhanced aid in rooting out real criminals and eliminating inflation (imagine that!). it would take some really smart advanced thinkers within TPTB to envision/want a possible end to debt based inflation and it's associated armageddon.

 

[79b79aa8]

We are on track... 2 public testnets will be launched in the next 2 weeks with beta code not long after then a long test cycle begins which we'll be inviting public to participate in. In parallel we'll have a security audit of all the new code. We'll be heating up the comms channels on this in the next few days...

BSV is hitting the range of 1k-10k tps on STN with current node software (0.2.2 beta), and easily clearing 170 tps on mainnet (0.2.1 quasar).

what kind of throughput is to be expected with the new code? it would seem peak visa levels of ~50k tps are within reach.

 

[Zarathustra]

maybe the USG wants an intact, functioning BitCoin with all it's public transparency as an enhanced aid in rooting out real criminals and eliminating inflation (imagine that!). it would take some really smart advanced thinkers within TPTB to envision/want a possible end to debt based inflation and it's associated armageddon.

Why do you believe that Bitcoin will stop debt creation?
Whether money is backed by cattle, grain, silver, gold, debt contracts, electricity etc. doesn't change the fact that economies/societies always rise and fall with debt creation/debt destruction.