he is subsidizing them out of his own funds I would guess. He can borrow the hash form himself but has to pay the miners the return they would have got mining BTC.
... an important distinction because a lot of those cloud miners may not just be in it for pure $$. Many may strongly care politically about where that hash is directed --> violated
he is subsidizing them out of his own funds I would guess. He can borrow the hash form himself but has to pay the miners the return they would have got mining BTC.
2/2 But if it wasn't locked in the contract that he can re-direct the hash power at any time / or short notice of 24 hours... that's wrong and a violation of property rights / contract
he is subsidizing them out of his own funds I would guess. He can borrow the hash form himself but has to pay the miners the return they would have got mining BTC.
Oh right. Well if they are being fully compensated AND IF it was all fully locked in legally with terms and conditions in the contract, I guess that would be different.
Re-orgs aren't an issue, having two separate chains is what needs to be dealt with.
Reorgs that contain all of the exact same transactions do not impact user experience. Only miners lose out on the block reward for getting orphaned - an incentive to upgrade tech
I rather think we just prevented it by not letting SV being the majority chain.
Aren't we using SV by default on here?
i am realizing something... BSV is same as BCH and 1/4 of the value. And open to 128 mb scale ... maybe we will see something surprise here. Money Button is already on the BSV side. Hash power is now more on BSV...
Basically the txns between the checkpoint and when the re-org chain emerges will be frozen in time until ABC can pump their minority chain back to life. It will be a total cfusterfulk.
LMAO... exactly! Like Roger doing fucking CPR with more stolen hash... but I don't think he'll have many btc cloud mining customers after pulling that shit on them! laughing so hard!
so you have two seperate chains, couldn't you take a block before their checkpoint and just work from there to re-org, and skip the blocks that have new rules with the protections?
Basically the txns between the checkpoint and when the re-org chain emerges will be frozen in time until ABC can pump their minority chain back to life. It will be a total cfusterfulk.
I rather think we just prevented it by not letting SV being the majority chain.
ABC - Another blockstream company.
i am realizing something... BSV is same as BCH and 1/4 of the value. And open to 128 mb scale ... maybe we will see something surprise here. Money Button is already on the BSV side. Hash power is now more on BSV...
BSV also has block explorers now. I built one www.svblox.com and there are some others like bsvexplorer.info
The solutions seems very simple. Drop support for unified coin, and start supporting Bitcoin Cash (BCH) again. As soon as somebody send everybody 1 sat
Integrity here... ABC showing they will compromise their moral integrity over and over and over again... "desperate times call for desperate measures" I guess... (no different to govt)
The solutions seems very simple. Drop support for unified coin, and start supporting Bitcoin Cash (BCH) again. As soon as somebody send everybody 1 sat
Stolen btc hash by roger... then hurpa durpa checkpoint to lock it down... redirecting / changing protocol to "defend" against txns from stresstest. Only one side is compromising moral
The solutions seems very simple. Drop support for unified coin, and start supporting Bitcoin Cash (BCH) again. As soon as somebody send everybody 1 sat
ABC have basically shat the bed with horrendous misconduct the last few days... that will be very hard to clean. Shit stains alllll over that ABC blockchain..
The solutions seems very simple. Drop support for unified coin, and start supporting Bitcoin Cash (BCH) again. As soon as somebody send everybody 1 sat
Dude you're one of the few people on memo.cash that even support ABC. Stop pretending like it's all over after 24 hours. Even memo.cash are more neutral to SV oriented.
and I predict after BSV is dead they will go back to Bitcoin Core, where they belong. Ryan X Charles? No, more like Ryan ○ Charles. Full Circle.
Wow. Really? Shitting on Ryan X Charles already - because he chose SV? Pathetic. Listen to yourself
How to make business decisions in a world that is changing
@_opreturn
Then, you have to follow how titles of posts gradually changed.
Finally, you have to watch the video again.
Then you will know the lie made out of what Ryan said.
Ryan didn't say anything about getting sued as a direct threat from SV, he mentioned the cost of doing business on the ABC chain and working against patents held by nChain.
Also he has promoted it a lot
Roger was legit once upon a time. But has since been compromised.
Roger was legit once upon a time. But has since been compromised.
He is just misguided. Perhaps by his own mind. Perhaps by Jihan, who knows.
Lol I'm having dejavu from late 2016.
https://goo.gl/images/yVMU1H
He's unhinged! Pathological liar! All his support is astroturfed!
Maybe I'm not following enough people on Twitter (about a 1000) but I don't see unrefuted arguments for ABC there.
If SV win this... they'll be able to follow it up with frequent block size changes too and if other miners don't keep up then they die
My conclusion is BMG pool had superior performance during stress test. How do I join the BMG pool? (Sorry Bitcoin.com, it’s only business)
I hope SV wins the hash battle. Will be so much better in the long run.
