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426d · Bitcoin SV
ABC is already too far gone. Avalanche, IMO, is going to slow them down. Bitcoin for the world? Dream on Roger!
replied 426d
Avalanche makes the chain more secure and prevents double spending. Something BSV will continue to have problems with. BCH will be the first coin to be adopted. Mark it.
Kevin
replied 426d
not too far. I think instant transaction is necessary for a worldly cash.
Bunch
replied 426d
Do you understand the intent of the Avalanche-like tech being proposed for BCH?
replied 426d
Somewhat. I can't read minds though.
homopit
replied 426d
Explain why slow down?
replied 426d
Instead of minig on the block they will be deciding on what should be in a block. What a waste of time.
replied 425d
It is a way to keep mempools in sync. That way when a block is mined the whole big block doesn't need to be sent to everyone. Instead you basically just need to send the proof of work.
replied 425d
mkay, so the bandwidth usage is shifted from block propagation to mempool syncing; it would be interesting to find out how many fewer bytes get communicated in no-DS attempt scenario.
replied 425d
Its more about spreading the workload. Instead of getting a whole block and validating it ASAP before passing it on, you create the block over time and just send the PoW proof at end
replied 425d
it sounds like competing between miners is slowly eroded with one protocol-change at a time; feels like not long from now WHC-nodes/miners will fully replace BCH-miners
replied 421d
They are still competing to find the proof of work first
replied 421d
".. is slowly eroded .."; yes there is competition, for now
replied 424d
Bullshit
replied 425d
huh, i guess i would smart for BCH people to quietly buy up dips in WHC/BCH
replied 425d
Miner ALWAYS decides what they want to include in a block. You will find that CSW agrees on that as well.
replied 425d
Yeah but this avalanche is a group thing. Waste of communication, waste of time.
replied 424d
Wrong. It helps honest miners know what tx is the correct one in case of double spend attempt. It makes BCH much more secure with less resources.
replied 424d
I doubt it, but, I'm out of this discussion. I'll just wait and see. Not sure ABC will implement avalanche anyways.
homopit
replied 426d
Just as I imagined - you have no idea what are you talking about.
replied 426d
Oh I do have some idea.
replied 425d
PSA: gaslighting is homopit's favorite hobby