[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 860 KB, 873x873, happy_roger.png [View same] [iqdb] [saucenao] [google]
11271118 No.11271118 [Reply] [Original]

Bitcoin CASH

>> No.11271140
File: 198 KB, 652x510, shook.jpg [View same] [iqdb] [saucenao] [google]
11271140

>> No.11271278

So, what's up with the csw fork? Will there be two new bcash forks or what?

>> No.11271349

>>11271278
Just one I think.

>> No.11271397

>>11271349
Always two there are.

>> No.11272050
File: 84 KB, 800x650, political canvas.png [View same] [iqdb] [saucenao] [google]
11272050

BItcoin CAAASSSH
COREKEKS BTFO

>> No.11272086
File: 162 KB, 1344x596, Screenshot from 2017-12-23 06-12-15.png [View same] [iqdb] [saucenao] [google]
11272086

Bitcoin is CASH
Lightning Notwork is vaporware

>> No.11272336
File: 628 KB, 480x700, cryptophantom.png [View same] [iqdb] [saucenao] [google]
11272336

>>11271278
2 client implementations are coming.

There will be 1 BCH until a block is mined that either of the clients think is invalid. At that point a chain split happens and there are 2 BCH. Not two separate cryptos, two chains of the same crypto.

It's up to the exchanges which of these chains they will want to listen to. I'm sure some exchanges will PRETEND that there are two cryptos and assign one of these chains a different ticker symbol. But don't be fooled by this, there will be BCH (chain 1) and BCH (chain 2).

If the exchanges follow bitcoin's original definition of what a chain valid it will just list the chain with the most proof of work. If the shorter chain ever "catches up" it would just switch over at that point.

>> No.11272345

>>11272336
>of what a chain valid
*of which chain is valid

>> No.11272670

Just wait, everything they said about Bitcoin - it is a scam, it is going to zero, it is never going to scale - was a lie.

Bitcoin is CASH

>> No.11273384

>>11272336

This is the most retarded thing I've read all day. Thanks cashies.

>> No.11273407
File: 289 KB, 1127x2048, xrpstandard.jpg [View same] [iqdb] [saucenao] [google]
11273407

>>11273384
don't be embarrassed, you can learn to understand

>> No.11273570

>>11273407

But I don't like "Core" either, Btc is worthless grandad tech. The whole crypto experiment failed, largely due to greedy bankers taking over Btc and greedy Chinks destroying any chance of creating a viable alternative. And explain precisely why a chain fork is NOT creating 2 currencies? By your own logic Btc and Bch are still the same currency. Retarded.

>> No.11273598

>>11273570
Research what replay protection is anon. The BCH chain maintains the original incentives that brought bitcoin this far, BTC is a con job.

>> No.11273678
File: 1.67 MB, 2048x1536, crypto meeting.jpg [View same] [iqdb] [saucenao] [google]
11273678

>>11273570
Hm, don't be rude when you're talking about things you don't understand. As >>11273598 mentioned BCH added replay protection, which is admitting that you are a different crypto currency because every single block becomes invalid from then onward. Things like separating clients is also something that differentiates the two cryptos (BCH nodes don't need to talk to BTC nodes).

In November no replay will be added. SV clients will still communicate with ABC clients and they will still send receive each other's blocks and transactions. The only thing that would invalidate a block is either that it breaks the rules (for example the order of transactions) or that it is based on a previous block that was invalid. It is still a BCH block to both clients, just an invalid one. A tx made for BCH could be embedded into both blockchains, just in different blocks after the split.

SV or ABC will not be adding replay protection because neither wants to admit they are a new crypto. Both have a claim to the BCH ticker and they will be competing to create the longest chain.

>> No.11274702

>>11272336
In the same way that exchanges pretended there was another bitcoin, but there is only one bitcoin, but some retards kept mining the lesser chain and we ended up with BCH