bchbtch

Joined Apr 17, 2018

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qzyy4kclu6j5h7ye6meu2asv7t350e3j8v4a9l7hff  

Legacy Address: 1DReaAyJFvKKmUyQTv2cV9n89fcUAufVzd
simpleledger:qzyy4kclu6j5h7ye6meu2asv7t350e3j8vexwythhh
Actions 317
Following 56
Followers 12
Topics following 7
Muted 0
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bchbtch
replied · 374d
lol nice one :P
bchbtch
replied · 376d
16cFUuXtUh6ncGQs
How so? In the general sense that it's still early days, or is there something specific about that product?
bchbtch
replied · 376d
So dramatic :P What do you mean reclaiming by mining? How does that work? The method I outlined does not use mining hardware.
bchbtch
replied · 376d
This is much better for the currency as a whole than to let them go to whoever or fall out of circulation forever.
bchbtch
replied · 376d
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.
bchbtch
replied · 376d
Wait, do you acknowledge that the cryptography in the protocol will eventually have to be updated?
bchbtch
replied · 376d
https://lbc.cryptoguru.org/

Is this method flawed?
bchbtch
replied · 376d
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?
bchbtch
replied · 376d
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?
bchbtch
replied · 376d
homopit
lol @ that clown getting mad that people aren't using his made up terminology.
bchbtch
replied · 376d
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.
bchbtch
replied · 377d
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 · 377d
bchbtch
replied · 377d
This is nonsense. Blockchains existed before Bitcoin, whether you know about it or not. Satoshi may have coined the term though.
bchbtch
replied · 377d
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.
bchbtch
replied · 377d
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.
bchbtch
replied · 377d
I want nothing to do with "Blockchain" I want new digital money.
bchbtch
· 379d · Propaganda
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.
bchbtch
replied · 379d
You're just characterizing the checkpoint, not addressing the decision making behind it.
bchbtch
replied · 379d
Barricade
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.
bchbtch
replied · 380d
I'm referring to the decision making process. If under attack give power to devs. Who defines an attack?
bchbtch
replied · 380d
Barricade
So BCH is an economy run by the generals?
bchbtch
replied · 382d
Oh I thought you were talking about the whitepaper.
bchbtch
replied · 382d
Interesting, what slogans are you referring to?