bchbtch

Joined Apr 17, 2018

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qzyy4kclu6j5h7ye6meu2asv7t350e3j8v4a9l7hff  

Legacy Address: 1DReaAyJFvKKmUyQTv2cV9n89fcUAufVzd
simpleledger:qzyy4kclu6j5h7ye6meu2asv7t350e3j8vexwythhh
Actions 317
Following 56
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replied · 257d
lol nice one :P
replied · 259d
How so? In the general sense that it's still early days, or is there something specific about that product?
replied · 259d
So dramatic :P What do you mean reclaiming by mining? How does that work? The method I outlined does not use mining hardware.
replied · 259d
This is much better for the currency as a whole than to let them go to whoever or fall out of circulation forever.
replied · 259d
It's not theft if you allow the owners to come forward and claim them. In fact, the miners are the best people to run such a system. They have the integrity of the currency in mind.
replied · 259d
Wait, do you acknowledge that the cryptography in the protocol will eventually have to be updated?
replied · 259d
https://lbc.cryptoguru.org/

Is this method flawed?
replied · 259d
It doesn't matter what 'should' be done. There is money up for grabs, it's nuts to think people will just leave it there. Given that people WILL try to claim it, how should that go?
replied · 259d
No kidding. I'm not talking about current tech. How long will the 160 bits hold? not forever, and we'll have to upgrade. If someone doesn't upgrade what do you do?
replied · 259d
lol @ that clown getting mad that people aren't using his made up terminology.
replied · 259d
Even if they're dead? Keys can be mined with computing power, miners run data-centers, it makes sense that miners will claim old keys since anyone can do it.
replied · 259d
The private keys CAN be brute forced, in the future it will be economical to do so in some cases. Who would you rather give an insecure private key to, a miner or a crook?
followed · 259d
replied · 259d
This is nonsense. Blockchains existed before Bitcoin, whether you know about it or not. Satoshi may have coined the term though.
replied · 259d
Yes, Bitcoin uses a blockchain but didn't come up with the design the novel invention was the POW mining game. A blockchain without POW mining is only useful in niche cases.
replied · 260d
No, POW mining is what makes Bitcoin. This is the difference between BCH and SV. SV believes in POW mining, BCH believes the whitepaper ends at pg 2.
replied · 260d
I want nothing to do with "Blockchain" I want new digital money.
Now, the ABC fans are busy redefining what the checkpoint was. Look for them to attach softer and more pleasant words to it over time, appeal to morals, etc.
replied · 261d
You're just characterizing the checkpoint, not addressing the decision making behind it.
replied · 261d
We've seen this a few times already early forks were overruled by Core instead of POW, segwit was soft forked in and you have to run it now. You're in denial.
replied · 262d
I'm referring to the decision making process. If under attack give power to devs. Who defines an attack?
replied · 262d
So BCH is an economy run by the generals?
replied · 264d
Oh I thought you were talking about the whitepaper.
replied · 265d
Interesting, what slogans are you referring to?