How about some beer and pizza too? Cheers
Sounds great! I’ll bring some strippers too and we can make it a BCH party! 😎
Is BCH's upcoming hard fork giving the whole market a run for its money?
The SV chain is not new. It is a continuation of bitcoin.
BCH is not new. It is a continuation of bitcoin.
Memo now has such a massive divide within it. It’s super sad to see us this way. Let’s pull it back in guys. We are all here for Bitcoin Cash. Can’t we all just enjoy the show and eat some popcorn together?
Memo now has such a massive divide within it. It’s super sad to see us this way. Let’s pull it back in guys. We are all here for Bitcoin Cash. Can’t we all just enjoy the show and eat some popcorn together?
How about some beer and pizza too? Cheers
Apologies, I didn't explain too well. I understand the hardfork and the changing consensus rules but I question if that will actually result in any hash war.
Every war is bad. Maybe the fork will be cancelled and there will be no war. I hope so.
Why not create a toy coin on which to "try different things"? Inexperienced coders like new cool and exciting stuff that elevates them as early adopters instead of old stuff that works
Thats what almost all the tokens/coins today are, and if it "works" whats the point of any upgrade at all
Not necessarily. They said on twitter that they will follow Moneybutton's suggestion which might lead to a loss of split transactions until memo decides which implementation to support
Txs send by memo will be valid on both chains
Not necessarily. They said on twitter that they will follow Moneybutton's suggestion which might lead to a loss of split transactions until memo decides which implementation to support
Memo runs ABS+SV and mark any tx not valid on both nodes as split. "After the hash battle is over, any split coins on the winning chain are removed from stasis and can be spent."
Yes but seeing how this isn't about coins as much as it is about transactions. The trxns on the "losing" chain would just from memo/yours will disappear from the "winning" chain
What he said. Also the seemingly small changes you make now will have massive consequences down the road. If you wreck the economic structure it will eventually collapse.
The converse is just as applicable, and there is no sure shot way of knowing which will work out
Even if you knew that you actually improved stuff, many people, like merchants need a stable protocol, so they can implement once and then use, it just works.
Absolutely, but it might be too early to focus on stability. I'm of the opinion that it is better to try different things at this stage and focus on stability later on
memo and yours tansaction are protected
https://blog.moneybutton.com/2018/11/07/how-to-protect-yourself-from-split-transactions-during-the-bitcoin-cash-hash-battle/
The transactions are protected for now but the user generated content created after the fork could be on different chains and hence lesser users on each of the chains
At the moment, there is shared BCH history and all memo transactions are on the same chain. In the event of a split, which is more than likely, the community will be divided into 2
Assuming a 50-50 split, a transaction on ABC's chain will not be visible to 50% of current memo users on SV. So lesser users on memo on each chain -> less incentive to use memo
Can you explain what network effects you mean?
At the moment, there is shared BCH history and all memo transactions are on the same chain. In the event of a split, which is more than likely, the community will be divided into 2
Coingeek and CSW disagree with the changes to the Bitcoin protocol that are to be introduced with the fork.
Apologies, I didn't explain too well. I understand the hardfork and the changing consensus rules but I question if that will actually result in any hash war.
Also, by the looks of it, this would be anything but cheap PR. lol
It's about 5 million to pop 50 million of shorts. You could easily make a few million bucks by squeezing right now. The longer you wait the better tho. Waste as many sellers as you can
What I have gathered so far is that it is an op code that would enable atomic swaps but not sure how it actually functions
Gavin's trolling skills are beyond epic.
The beauty with SV is in the lack of plans for significant changes. That is what makes it alluring. Restoration of what was taken away from Bitcoin.
Restoration of op codes that were removed (and not fixed) because they did not matter. How is that an "enhancement"?
Totally this. The game theory and balancing of incentives/rewards/difficulty was all worked out by Satoshi in 2008. One more fork to uncap the blocksize and tweak the opcodes then done
Maybe its just me but I don't get why the "original vision" is so important. Shouldn't we improve with the times?
They know the right things to say, I'll give them that...it doesn't seem to jive with their actions.
Unfortunately charisma only goes so far. Eventually you need some meat to go with the potatoes, so to speak. The lack of open disclosure from SV has been concerning for me.
memo and Yours are SV-ready
https://cash.coin.dance/poli
The protocol is ready for either implementation but that would destroy the network effects of having the already limited DAU's on the same "chain"
Bitcoin was not made open source so developers could screw around with the base code and protocol, but so miners could customize on top of the client to compete with other miners.
Isn't it more like "to each its own" - do with it as you wish?
