[ 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: 174 KB, 540x558, 1576747036200.jpg [View same] [iqdb] [saucenao] [google]
16605381 No.16605381 [Reply] [Original]

(previous thread >>16578610)

“The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime.”

– Satoshi Nakamoto

Bitcoin SV is the original Bitcoin. It restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale. Bitcoin SV will maintain the vision set out by Satoshi Nakamoto’s white paper in 2008: Bitcoin: A Peer-to-Peer Electronic Cash System.

Links and essential reading:

https://link.medium.com/O7aictDL61 - (“Bitcoin Satoshi’s Vision (BSV): Identifying Signal Through the Noise” by Dave Mullen-Muhr)

https://bitcoinblocks.live/

https://coin.dance/

https://youtu.be/IOlvOiGPPio (The Crypto Blackpill)

https://archive.is/kjuLi (The Satoshi Affair)

https://youtu.be/i95kSYVUJIo (Genesis of a New Century)

https://www.mdpi.com/1999-5903/11/8/170 - (Artificial Intelligence Implementations on the Blockchain. Use Cases and Future Applications)

https://youtu.be/2765PgtHkVk (Daniel Krawisz - I think I figured out nChain's business model)

>> No.16605386
File: 178 KB, 1065x420, 1576747109346.png [View same] [iqdb] [saucenao] [google]
16605386

>> No.16605387
File: 90 KB, 1024x460, 1576747139607.jpg [View same] [iqdb] [saucenao] [google]
16605387

>> No.16605475
File: 412 KB, 1243x1809, 1576749026308.jpg [View same] [iqdb] [saucenao] [google]
16605475

>> No.16605534

so what is crossbow bros?
and something else appeared yesterday - tiddalik
who's got the qrd?

>> No.16605541

>>16605387
>soon

>> No.16605582
File: 286 KB, 1080x997, 1576750855454.jpg [View same] [iqdb] [saucenao] [google]
16605582

>>16605534

Mystery solved

>> No.16605610

>>16605582
rofl so it's just spam like i suspected

>> No.16605624
File: 188 KB, 1080x690, 1576751677394.jpg [View same] [iqdb] [saucenao] [google]
16605624

>>16605534

Hmmmm

https://satoshi.io/tx/93256b26d5a5801e1209236dc3a1ce45a3db21d829debbea976103deafd0dbef

>> No.16605629

>>16605624
what does it mean?

>> No.16605650

>>16605629
nothing m8 it's completely meaningless and pointless just like most things sv cucks do

>> No.16605653
File: 448 KB, 1080x1703, 1576752064514.jpg [View same] [iqdb] [saucenao] [google]
16605653

>>16605629

Ok now this is getting interesting

0x6187642d2984598c8ee793cfc13af40ae4ce546caded550555069602dce019ec

https://etherscan.io/tx/0x6187642d2984598c8ee793cfc13af40ae4ce546caded550555069602dce019ec

>> No.16605661

>>16605629
It means exactly what you think it does. BSV will be able to micro transact any of the major cryptos. It can already do this with BTC and BCH. ETH is next.

>> No.16605667

>>16605629
Just another dumb shit no one needs to artificially prop up their tx numbers.

>> No.16605672

>>16605653
how so? ""confirming"" an unconfirmed tx on an other blockchain is the stupidest thing i ever heard probably. even tech illiterate shitheads like sv cucks can't think it's a good idea.

>> No.16605682

>>16605661
>BSV will be able to micro transact any of the major cryptos
lol please by all means tell us more about how this is done in your imagination!

>> No.16605705

>>16605381
https://medium.com/@samwill102244/the-tulip-trust-is-fake-8f1e15fae491

BSV fags btfo

>> No.16605713
File: 542 KB, 1242x1297, 1576752953434.jpg [View same] [iqdb] [saucenao] [google]
16605713

>>16605672
>>16605682


You think like a socialist. For every innovation throughout human history, there's always a hundred guys like you saying it will never be possible and that anyone who tries is a fool

I would bet good money that you've never actually built anything or felt true success

>> No.16605726

>>16605713
Innovation? BSV has not even beaten TRX in daily tx's.

>> No.16605749

>>16605682
https://twitter.com/showpayio/status/1205536882592903168

BTC and BCH can be paid to merchants on the BSV blockchain. Instantly. Securely.

>> No.16605750
File: 221 KB, 1080x2043, 1576753644414.jpg [View same] [iqdb] [saucenao] [google]
16605750

>>16605726

You don't have a single goddam clue of what's coming do you

>> No.16605760
File: 207 KB, 1080x1631, 1576753760876.jpg [View same] [iqdb] [saucenao] [google]
16605760

>>16605749

This may have something to do with Tiddalik for all we know

>> No.16605766

>>16605749
>custodial scam token

>> No.16605801

>>16605713
so nothing... ok
i don't care about your sperging i care about how it would be possible but you ain't go shit

>> No.16605812

>>16605766
kek
some people never learn, fucking custodial scams

>> No.16605821

I just dropped a fat load and my butthole hurts

Oh fuck another one aaaaag kk

>> No.16605834

>>16605821
>announcement of an announcement
jimmy is that you?

>> No.16605855

>>16605834
Jimmy? Who the fuck is Jimmy? I just have a habit of updating biz on how my shits go. I typically pick the shittiest thread on biz.

Shit update I guess, the worst has come and gone and I'm prepping the mental strength to get up and wipe.

Have a nice day faggots.

>> No.16605869
File: 740 KB, 1440x1564, 1576755260190.jpg [View same] [iqdb] [saucenao] [google]
16605869

>>16605801
>>16605682
>>BSV will be able to micro transact any of the major cryptos
>lol please by all means tell us more about how this is done in your imagination!

There are plenty of ways this can be done easily that have been talked about for years:

-atomic swaps
-tokens
-relayx/p2p trading
-overpool

You just have absolutely no intellectual curiosity regardless so you'll never figure this out for yourself

>> No.16605900
File: 229 KB, 1079x647, 1576755733828.jpg [View same] [iqdb] [saucenao] [google]
16605900

God I miss him so much bros

>> No.16605913

>>16605869
atomic swaps require transactions they will neither be instantaneous nor free in fact overall you would pay a fee twice instead of once. so not viable here.
tokens are not viable without extensive and complex smart contract support on every chain and even then they are fucking hard. pretty much eth has that capability and that's it but even eth doesn't scale to adoption. not viable.
relayx/p2p trading: no idea wtf that is supposed to be but i have a hunch it's a big fat nothing.
overpool is just a sidechain without the benefits of a sidechain on btc. not viable here.

you got two choices if you want to send btc over bsv network 1) obviously a custodial solution in which case the bsv chain might as well not even be involved as it adds no security. 2) you can try to create very complex smart contracts that span multiple chains but accept a common tx update structure allowing to freely exchange between chains but this is an off-chain solution like lightning network so again bsv chain is completely negligible would work the same without it. i mean if i works i have my doubts. this would be insanely hard.

so again how will btc be sent over bsv network exactly? something more concrete than vague buzzwords pls!

>> No.16605935
File: 86 KB, 621x651, patent expired.png [View same] [iqdb] [saucenao] [google]
16605935

>>16605900
Same. Especially when I read this tweet. After trump he is the greatest shitposter of all time

>> No.16605937

>>16605913

>obviously a custodial solution in which case the bsv chain might as well not even be involved as it adds no security.

Yes, custodial solutions are the future of Bitcoin. You don't get this because some leftist Blockstream employee hasn't tried to sell it to you yet

>> No.16605938

>>16605913
>how will btc be sent over bsv network exactly?
token

>> No.16605947

>>16605937
if you make crypto custodial then what's the point?
>>16605938
how is a token on bsv equivalent to btc because you said so? don't be a tech illiterate faggot and think! give me something i can work with!

>> No.16605948

>>16605938
BSV tokens are custodial (LN 2.0)

>> No.16605969

>>16605947
yes

>> No.16605972

>>16605948
you think ln is custodial? oh boy...

>> No.16605973

>>16605972
Tokenized is custodial

>> No.16605978

>>16605973
sure but what the fuck does that have to do with ln?

you can not tokenize btc without a custodial bollocks for now. because to spend btc you need to know a secret if a smart contract knows a secret everybody knows that secret.

>> No.16606004
File: 3.38 MB, 1439x4799, 1576757362549.jpg [View same] [iqdb] [saucenao] [google]
16606004

>>16605947
>if you make crypto custodial then what's the point?

99% of people will only use this stuff if it means they'll make passive income across a bunch of different apps that they wouldn't otherwise get without using bitcoin. They don't care about security, they don't care about cypherpunk values, they just want to make microtransactions and get paid

>> No.16606010

>>16605978
also worth mentioning that liquid and other side-chains that are trying to be two way pegged with btc solve exactly this problem. you can tokenize btc and have special purpose tokens traded off-chain in a non-custodial manner.

but until they work this is just more bullshit. and if they work nobody would need to use bsv specifically because there would e an abundance of other side-chains to pick from with much less operating cost for nodes.

>> No.16606020

>>16606004
how can 99% of the people make passive income? have you ever sat on a single econ lecture?
>they just want to make microtransactions and get paid
sounds like lightning network got you covered m8 and it's non-custodial despite what retards spout.

you can't out compete bitcoin in being bitcoin that shit simply doesn't work. it's better in every which way.

>> No.16606067
File: 236 KB, 656x453, 1576758192153.jpg [View same] [iqdb] [saucenao] [google]
16606067

>>16606010

They would want to use BSV because they can put things on-chain and use BSV native apps for very cheap

>>16606020

>how can 99% of the people make passive income? have you ever sat on a single econ lecture?

By putting valuable media or information on chain and earning microtips across a bunch of different apps

For example, all of my Twetch posts have also been monetized on chat.sv. I didn't even have to sign up for it, I just got a couple hundred 1c payments on moneybutton and didn't even figure it out until I joined the site like a month later. I've made probably $100 across a dozen or so apps over the past year

Lightning Network can't do this because it's not on chain so you can't have this compounding effect as the network grows

>sounds like lightning network got you covered m8 and it's non-custodial despite what retards spout.

Nobody uses LN and nobody is building real apps on it. No real business will EVER adopt it because on-chain fees are so volatile. How much money have you made from the LN?

>> No.16606101

>>16606067
>They would want to use BSV because they can put things on-chain
rofl
blah blah blah you don't get it.
>Nobody uses LN

more people use than sv that's for sure.
>nobody is building real apps on it
you don't build apps on sv. that's not what it is for. you guys truly got maniac about this put every shit on a single bloated chain thing...
>No real business will EVER adopt it
ohohohoho first of all exchanges will adopt it because it's a cost saving for them user swill adopt it because they can get their crypto onto or off an exchange safer and faster. that's the first line of adoption naturally exchanges will use some of the deposited crypto to run ln hubs. your exchange will be your bank except you can choose between custodial and non-costodial schemes as you wish.

later on you will be able to buy shit with ln irl instead of a cc you can use your phone. but that's far away.

the biggest hurdle in crypto adoption as payment is not a technical one. it's an accounting and legal one from one part and the volatility from the other. a business would need to hedge any income to lock in the price... hard to see there will not be bitcoin banks doing this for them. who will also probably be ln hubs.

>> No.16606102
File: 574 KB, 1440x1547, 1576758715968.jpg [View same] [iqdb] [saucenao] [google]
16606102

>>16606067
>Lightning Network can't do this because it's not on chain so you can't have this compounding effect as the network grows

By compounding effect, I'm talking about all the media/posts you make on-chain being monetized across ALL bsv apps in perpetuity, as long as you own the keys that signed this media to the chain.

>> No.16606110

>>16606102
lightning is for payments simply and the blockchain is for maintaining the ledger not to store your fetish porn on or blog on. absolutely deranged.

>> No.16606144
File: 762 KB, 1440x1564, 1576759364238.jpg [View same] [iqdb] [saucenao] [google]
16606144

>>16606101
>ln hubs
>hard to see there will not be bitcoin banks doing this for them. who will also probably be ln hubs.

Oh hi o1g

>>16606110

>lightning is for payments simply

Yes which is why it is completely uninteresting compared to real Bitcoin

>the blockchain is for maintaining the ledger not to store your fetish porn on or blog on

Keep saying that, it doesn't change the fact that big blocks aren't going anywhere... oh yeah, and Moneybutton just hit 12k users

>> No.16606227

Not much Bitcoin Sucker Version threads today, what happened? Is Calvin late on the payments?

New read about Craig: https://beincrypto.com/craig-wright-says-blockstream-hacked-him-to-forge-documents/
Blockstream hacked him before blockstream even existed. That's why all his documents are forged, lmao.

>> No.16606243

>>16606227
https://twitter.com/MyLegacyKit/status/1207327447672401920
The good stuff is here.
>BSV holders think Craig is Satoshi
HAHAHAHAHA

>> No.16606360

>>16606227
>>16606243
the fact they object to providing details of contact implies there has been contact
disgusting

>> No.16606465
File: 68 KB, 663x388, wedrinkyourmilkshake.png [View same] [iqdb] [saucenao] [google]
16606465

>>16605766
>we drink your milkshake

Oh and you didn't think BSV was limited to crypto did you anon?

https://youtu.be/ZoYnZ6CAoAk?t=5022

>> No.16606481

>>16606465
>governments are going to be using a fork of a fork promoted by criminals and scammers on the run
HAHAHAHAHA

>> No.16606496

>>16606243
the real Satoshi Nakamoto always wanted small blocks and segwit, "Peer to peer electronic cash" was simply a purposeful mistranslation of the Japanese.

>> No.16606503

>>16606481
They will use BTC and pay 40$ fee :D

>> No.16606566
File: 82 KB, 842x792, 0mfay069y0x01.png [View same] [iqdb] [saucenao] [google]
16606566

>>16606481
>I am a brainlet who must resort to ad hominems

Please let us know who these "criminals and scammers" are. I'm sure a kind anon would be delighted to take a screenshot and upload it to the BSV blockchain...

>> No.16606724

Core cucks continue to get BTFOd
https://micky.com.au/400-aussie-merchants-to-drop-bitcoin-after-viral-exploit-video/

>> No.16606731

>>16606566
>never heard of Craig Wright and Calvin Ayre

>> No.16606826

>>16606724
>Yeoh said TravelbyBit will still allow users to spend Bitcoin at retailers using the Lightning Network which is designed for instant retail payments and is not exposed to the same risk.
Nice try, LN shill

>> No.16606854
File: 313 KB, 819x566, 1575509474507.jpg [View same] [iqdb] [saucenao] [google]
16606854

>>16606731
>0meG
A wild Greglet appears.
If only you idiots knew the real consequences of all your desperate countersignalling.
2020 is going to be very interesting. Keep screetching.

>> No.16606911
File: 93 KB, 1200x650, greg pls.jpg [View same] [iqdb] [saucenao] [google]
16606911

>>16606731
>>16606854
>0-meg greg
you made blocks too small greg!! surely you know that a limit of 0 is interpreted by many computer programs as no limit at all? that's exactly what creg wants!

>> No.16607024
File: 139 KB, 900x1200, satoshi3.jpg [View same] [iqdb] [saucenao] [google]
16607024

>> No.16607053

Buying another 10 today, will put me at 82!

>> No.16607079

>>16606911
Had Craig not made a fool of Gavin in 2016, BTC would have already had big blocks. Craig is a small blocker.

>> No.16607171
File: 363 KB, 1080x1920, 1576770903651.jpg [View same] [iqdb] [saucenao] [google]
16607171

>> No.16607178
File: 90 KB, 1024x460, 1576770954279.jpg [View same] [iqdb] [saucenao] [google]
16607178

>> No.16607230
File: 233 KB, 2093x1007, 1576771322803.jpg [View same] [iqdb] [saucenao] [google]
16607230

>>16607053

Nice, Craig's neice posted this on Twetch the other day

If she's right about this then you're buying at the best time

>> No.16607261

>>16607178
>soon

>> No.16607699

>>16606731
Pewd
Hi pewdiepie