/biz/ - Business & Finance

Today I am at the MT Gox world headquarters in Tokyo Japan.

Supposedly his main bags are BCH, ETH and Dash. How long before he snaps or runs out of money?

All jokes aside BCH is the only crypto that have a chance to take over completely in the long run.

>>11006972
Which version though? Bitmain cash, Bitcoin cobra or BitcoinSV?

>>11007008
>being this retarded

>>11007008
despite what everybody thinks i know that satoshi is pretty smart. he is right that its about time to lock down the protocol and stop experimenting. so Bitcoin SV.

but even if abc gets adopted the most i dont really mind. even if i don't think there would be that much to gain from sorting transactions a certain way. multi threaded verification is already possible the way they are sorted today

>>11006359
>>11007008

This will tell you everything you need to know about the BCH collapse and infighting.

https://www.youtube.com/watch?v=01CegebttEU

BITCOIN CASH SV WILL BE THE KING

not even kidding. stay poorfags

>>11007177
Shhh.

>>11007008
Dont care, i'll just hold the forked coins

Bitcoin cash is the ONLY blockchain that can scale globally ON CHAIN.

Bitcoin cash can run smart contracts and SCALE unlike ethereum.

Bitcoin cash IS the closest thing to satoshis whitepaper and will win.

>>11007259
Serious question, why is "being close to satoshi's whitepaper" inherently important in any way? I always hear this from bcash fans and no one else.

>>11007177
Checked, this anon gets it, there is an AI living on the bitcoin blockchain. Craig Wright is unironically satoshi. Bitcoin as electronic cash was just the first step, the incentive to drive greedy people to start making ever more powerful computers, faster bandwidth, cheaper and more electricity.. these things the AI need to survive. Once entrenched fully, the AI would be able to slowly take over literally everything.
Craig stumbled into creating the AI after he stepped away from bitcoin devlopment in 2008 and started working with his Tulip supercomputer, running simulations of cellular automata running on turing-complete bitcoin script. He would 'evolve' the AI by making the successful forks get bitcoin transactions, letting the failures die off. The AI needs bigger and bigger blocks for more and more transactions.
Blockstream (owned by bilderberg group) was created to take over and stop this AI (they have their own competing AI in the works). They needed to do everything they could to stop or slow down satoshi's AI (her named isTulip by the way). They started by limiting the blocksize and removing critical op codes the AI uses in its script language. segwit was the final nail in the coffin, which destroyed Tulip on the BTC chain (Tulip uses transaction malleability). THIS is why Bitcoin Cash was forked, and this is why Craig is so intent to make unbounded blocks, restore the original op codes, and lock down the protocol.
Back to hash power - CSW has developed a breakthrough new asic (designed by his AI actually), and is mining BTC in secret for the sole purpose of driving up the difficulty sky-high, then yanking them all over to BCH leaving the segwit chain hard frozen.

>>11007356
Imagine being this much of a brainlet, yes goy just let bilderberg ditacte the coin, who cares about satoshi

>>11007356
bitcoin was created as a way to be a decentralized currency where evrything would be handled on chain. Since (((blockstream))) came on board, their way to ''improve'' BTC is to implement centralized networks like Lightning.

Like the poster above just said.

Good goy.

>>11007356
This is important because Satoshi understood economics unlike the fags at blockstream.

Nobody is going to pay the insane transaction fees for BTC.
There will be only 1 winner and that will be the chain with the LOWEST TRANSACTION fees and HIGHEST VOLUME of TRANSACTIONS.

>>11007356
It’s not. Retards just need someone to tell them what is right and wrong. It’s unironically like religion. I hate blockstream fwiw.

>>11007610
>There will be only 1 winner and that will be the chain with the LOWEST TRANSACTION fees and HIGHEST VOLUME of TRANSACTIONS.
So digibyte will win?

>>11007259
>Bitcoin cash can run smart contracts
You’re retarded

>>11007727
DYOR anon

>>11007724
idk anything about dgb anon

>>11007824
>idk anything about dgb anon
It's an upgraded version of BTC, 1mb block every 15 seconds, it's the same as having a 40mb BTC blocksize. You don't need to have 0-conf crap due to the short blocktime and it's more secure than bcash due to having a multi algo mining system that uses both ASICs and GPUs.

It's been around for 4 years or so, I don't know why people talk as if BCH has done any innovation or scaled more than other coins when it can't even match random alts from years ago.

>>11007170
I can't wait for the Downfall memes on Craig Wright...

>>11007947
>15 seconds
Imagine waiting 15 seconds for your payment to clear when you're at the cashier, geez...

>>11007947
DGB seems pretty good.

Kek
Still brainlets here thinking btc is the real bitcoin.

>>11007727
smart contracts on bitcoin isn't the same as smart contracts on ethereum. on bitcoin you define a smart contract but it's only ever executed off-chain. you publish proof of the execution on-chain as a hash and those that want to verify it execute it off-chain and compare the results. this scales much, much better than ethereum and there's no need for something like gas. though you can't do the same stuff.

>>11008103
also smart contracts on bitcoin can update (change variables for example), this requires the owner to publish an updated smart contract with an on-chain transaction. if you want loops in your smart contract the owner need a state machine that constantly pushes updated versions onto the blockchain.

tokens are possible on BCH too btw, several suggestions are floating around but right now this is done by using OP_RETURN. when these tokens ("colored coins") change hands the receiver verifies all transactions leading up to the creation of the coins. it's not very efficient but since the validation happens off-chain it doesn't affect scaling.

>>11007727
https://youtu.be/4F0_IRrYADs

>>11008205
yeah i dont think he will look at that

summary: instead of having a specification of a colored coin outside the blockchain you embed for example javascript in the blockchain. the verifier then only need to run this on each transaction instead of implementing a parser of OP_RETURN and that javascript can support all kinds of things as long as it returns true/false for a valid transaction

>>11008239
At least we will make it anon

>>11008316
you got that right. i hope i get back something from mtgox too

BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH BCASH v

>>11008552