AustEcon [SV]

Joined May 04, 2018

Voluntaryist. Austrian economics. Truth, Liberty & Bitcoin cash.

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replied · 234d
How does one "win" a bitcoin hashwar by becoming ANYTHING BUT BITCOIN? (beats me) but some retards out there seam to think it is the way to go. Bitcoin SV wins by default.
replied · 234d
Sorry what!???? If you implement checkpoints (so that you can safely stop renting hash power)... you just surrendered the "hash war" by royally fucking over the bitcoin protocol...
High guys. Here's a nice python3 bitcoin cash library ported to bitcoin sv https://github.com/AustEcon/bitsv also added some ease-of-use op_return functionality. Enjoy :) Available from pypi as "bitsv"
replied · 296d
It's what you get when king shitlord gets to make all the changes he wants to the code...you get an avalanche of shit falling down on everybody. (Alalanche = pre-consensus)
replied · 299d
on twitter. He released a statement. Go and follow ryan x charles and money button and you won't have to scroll down far. None of the SV crowd use reddit anymore. r/btc is all ABC now
replied · 300d
He apologized and un-banned those few people who to be honest were saying some pretty damned retarded shit... but now they're free again to spread more retarded shit I guess.
replied · 302d
No... that's crony capitalism. i.e. state interference in the economy. i.e. socialism / communism / violation of person and property rights. Don't confuse the two. Capitalism = freedom
replied · 302d
Oh bollocks. SV supporters have always been there it's just that we used to go by the name "bitcoin cash". "SV" is just a recent name for the real bitcoiners.
replied · 302d
You publish the 10 blocks right at checkpoint time and 50% of network go with the 9 original blocks and it gets checkpointed by some ABC nodes and the other 50% checkpoint the reorg
replied · 302d
more secure? REALLY???? With only 10% of nodes accepting the CPs every 10th block it is an almost certainty to cause a permanent chain split if publishing 10 empty shadow mined blocks
replied · 302d
No they ruined reputation by destroying the security model and economic incentives in bitcoin. They could have prevented an attack with hash power - instead they corrupted it all.
replied · 302d
That's not how this works. Calvin has most hash by far anyway. There are about 10,000 mining nodes on SV... that's not one guy... and the consensus rules are now set in stone.
replied · 302d
What?ABC just ruined their reputation adding checkpoints to prevent his and Calvin's reorgs... He's done us all a service by shining a spotlight on ABC camp and their lack of integrity
replied · 302d
Classic NPC focused on the personality of ONE GUY. This is about the consensus rules. The performance issues can be worked on independently without any hardforks EVER.
replied · 306d
Shadow mining attack... because he can't really know how close on his heels Craig is... maybe Craig's just mining BTC at huge profit whilst Roger burns $. Will attack later short reorg
replied · 306d
2/3 so basically Craig and Calvin lose $ mining at a loss. But Roger loses money mining at a loss AND has to pay a really high premium to do it... and cannot titrate it to match the
replied · 306d
Hard to say really. With BTC much much more profitable to mine. Roger is spending a fortune to rent hash (must pay to make them whole again...) Whereas Craig and Calvin own theirs
replied · 307d
Yes they are scared. The SV hash is not visible, shadow mining empty blocks to re-org ABC so they need to have a very high (above equilibrium) hash rate to prevent a deep reorg.
replied · 307d
... 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
replied · 307d
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
replied · 307d
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.
replied · 307d
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
replied · 308d
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!
replied · 308d
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)
replied · 308d
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