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replied 1982d
anarchovegan
memo and Yours are SV-ready

https://cash.coin.dance/poli
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2,610
replied 1982d
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"
replied 1982d
Can you explain what network effects you mean?
replied 1982d
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
replied 1982d
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
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replied 1982d
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/
replied 1982d
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
replied 1982d
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."
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replied 1982d
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
replied 1982d
If I understand it correctly, memo and yours writes the transactions in both chains, so nothing can get lost.
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homopit
replied 1982d
I do not want memo to write my postings into two chains, and to spend my coins twice for the same post. What the fuck is that?
slb
replied 1982d
Just use your own client then
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homopit
replied 1982d
What other memo clients are out there? I prefer desktop, but mobile is fine, too.
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replied 1982d
I dont think Memo spend your coin twice. Probably memo does not write the transactions into both chains. I was wrong. Sorry. I suppose memo use ABC-chain.
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Nikamoto
replied 1982d
I'm not sure but I think memo is using both chains
slb
replied 1982d
Txs send by memo will be valid on both chains
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replied 1982d
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
replied 1982d
https://blog.moneybutton.com/2018/11/05/how-wallets-exchanges-can-operate-during-the-hash-battle-on-bitcoin-cash/
anarchovegan
replied 1982d
Oh. Well, then I'd use SV.


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