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qsucvatz
searching Neon…
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qsucvatz
9y ago
And chlorine in salt!/s
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qsucvatz
9y ago
And support by the original developers of Bitcoin, for scaling by blocksize and exponential growth of computing, bandwidth, and storage.
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qsucvatz
9y ago
Bitcoin Cash added new utility that SegWit lacked: 8 MB blocks, higher capacity, lower on-chain fees. That new utility is new value for Bitcoin holders. Another fork will add ZKP privacy, new utility and new value.
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qsucvatz
9y ago
Bitcoin can fork to change it's Difficulty Adjustment Algorithm.
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qsucvatz
9y ago
Bitcoin can change it's divisibility any time.
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qsucvatz
9y ago
That long term stability may be impossible with a central bank.
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qsucvatz
9y ago
If mining is too difficult,the difficulty drops, until a single PC is finding every block on schedule. I'll mine, so that won't happen.
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qsucvatz
9y ago
Sure thing. BCH scales as Bitcoin was supposed to. It is supported by the original Bitcoin developers. It's electronic cash, directly peer to peer, not hub and spoke like Lightning. Bitcoin is now BCH.
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qsucvatz
9y ago
More know BCH is Bitcoin every day.
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qsucvatz
9y ago
Because Bitcoin used to work, and now it doesn't. Bitcoin Cash scales appropriately.
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qsucvatz
9y ago
0 fee txns don't cause high fees. They are dropped from the mempool as needed.
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qsucvatz
9y ago
Fees are skyrocketing in Satoshi: what used to be 1 sat/Byte is now 1000 sat/Byte.
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qsucvatz
9y ago
Median fee is a good metric, it avoids the over-paying txns and the miner-accelerated txns.
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qsucvatz
9y ago
How does litening work if it takes a transaction to open and a transaction to close, and the median fees are increasing with time?
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qsucvatz
9y ago
Bitcoin Cash is closer to the original Bitcoin implementation in code, philosophy, and community. Same thing that worked since 2009, until the blocks ran out of space.
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qsucvatz
9y ago
Going to $0 is -Inf% loss.
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qsucvatz
9y ago
It was announced at the depths of the financial crisis, October 2008, when cornerstone institutions were declaring bankrupcy every weekend. It was running by January. Equation Group.
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qsucvatz
9y ago
It's all hinged on SHA-256 and RIPEMD-160 being good cryptographic hashes, and ECC being a good digital signature. Crazy town.
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qsucvatz
9y ago
The revolution isn't in building niche complications. Progress looks like tearing things down. Replacement with automatons. Direct transactions.
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qsucvatz
9y ago
This form of proof of work, SHA-256, has a scramble shuffle of XORs that quantum computers aren't applicable to.
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qsucvatz
9y ago
Proof of work must be impossible to cheat, and easy to verify. Can't make issuing money as easy as printing paper.
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qsucvatz
9y ago
In the end, either one does or does not own the property. They choose when to buy and when to sell. From your perspective, isn't it a massive risk not to sell at this all time high value? If they hold or sell, do they deserve whatever
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qsucvatz
9y ago
How can we count votes of people who don't have the money for a single transaction fee? I thought Bitcoin was supposed to be better because it was the cheapest?
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qsucvatz
9y ago
Bitcoin is Bitcoin Cash. We immediately restored the ability for Bitcoin to be adopted with low fees and fast confirmations by using 8 MB blocks. The median income for the world is $6/day. High fees are unaffordable and unadoptable. Th
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qsucvatz
11y ago
Quite an opener, do you practice hyperbole often? Fairness is whatever two people will agree to pay for a service. Imagine how silly it would be if we all paid the same amount for seats on an airline - which is how it worked before deregula