medium.com
Why do these shills never stop
medium.com
Why do these shills never stop
Other urls found in this thread:
en.bitcoin.it
twitter.com
Everything in this list is already implemented and running except for the consensus algo. It represents a significant improvement over Bitcoin and any other coins based on the Bitcoin codebase (almost all of them).
>except for the consensus algo
Sounds just like IOTA. All the neat bells and whistles, while leaving the most vital part at the last moment.
Into the thrash...
>just like IOTA
You must have never held IOTA, its absolutely fucked tangle bullshit where your coins disappear from your wallet and you have to reclaim them.
>neat bells and whistles
Everything on that list describes bugs that exist in Bitcoin and every shitcoin based on it. POW is also a bugged consensus algorithm, but LN is hard to implement because of the inefficient utxo and other overcomplications in the implementation. Building a cheap and good consensus algorithm isn't easy but it's the most important work that can be done to advance crypto to the next level. Skycoin price can go down whatever. Markets are insane and temporary. Go now, chase your moon lambos pleb.
Iota is shit, but sky is next-level shit. If the public face of sky was chinese it would be laughed off the board even more than it is now.
You are the ones who started the 2 threads on biz right now in order to attack it. This is astroturfing.
Nah, no sense in adding consensus until it's used for heavier lifting in an actual use case.
The masternode setup us nice because it gives them plenty of development freedom since they don't have to coordinate with exchanges for updates.
>pow is bugged
It works and continuously did so for a decade. Anything else now is IOTA level garbage until PROVEN (not argued) otherwise.
>Has worked for 10 years
At least learn some fucking history before getting involved in Bitcoin and Crypto. Mining pools are centralized, all bitcoin supply goes to the miners, all bitcoin transaction fees go to the miners, miners manipulate the mempool, miners actively obstruct development initiatives that may threaten their interests. Miners are only interested in financial rewards and can't give 2 shits about decentralization or engineering. Bitcoin has the bugs listed in op pic related. Bitcoin has had a number of incidents (Common Vulnerabilities and Exposures) including one extended fork situation where there were the longest chain was failing to resolve. Bitcoin bug CVE-2010-5139 permitted the creation of 184.4 million new Bitcoin out of thin air and had to be fixed with an uncontroversial softfork. Most recently Bitcoin bug CVE-2018–17144 was discovered, which had threatened to allow extra block rewards to be mined. As time goes on, forks that would have otherwise been uncontroversial become more controversial because the character of the involved communities will meet a lower standard as more and more participants become involved.
Long list of bugs that had to be dealt with by a centralized development team.
en.bitcoin.it
This is your proof that all of cryptocurrency is proven to be imperfect as of yet and efforts to improve upon it should be applauded.
Oh and of course we have the hugely publicized failure of Bitcoin to scale to normie mainstream demand.
>muh $20 bucks transaction cost $40 in transaction fees
Mining operators have trained this board well. They control the majority of the PoW mining pools and create junk transactions to flood the market with activity to jack up the fees. They just pay from their own pocket to the other and normies end up also paying $6 transactions.
They don't like the direction these threads have taken, so they will stop posting until the threads are near the end before renewing their attack.
>This is your proof that all of cryptocurrency is proven to be imperfect
Thank you for confirming that PoW works. Enjoy your perfect imaginary alternatives.
>denying that the only consensus mechanism proven to be workable works at all. Delusion
>Paranoid persecutory fantasies when someone implies that their delusions are incorrect
Textbook schizophrenia.
>thrash
>perfect
The extent of your rhetorical technique is to flipflop between extremes in broken english while grasping at straws.
>POW works, an absolute condition
>mental illness
There are gradients of efficiency in human artifice. Accepting this and striving to improve upon what we had in the past in order to make for a better future. The literal definition of sanity.
Did the words unnerved your oversensitive neural pathways? Sincere apologies sweety.
Go about playing in your playpen of wishes. This is what Omisego did in their Whitepaper, with results that everyone can observe at this very moment.
Don't proclaim that PoW is inferior before introducing something that actually works.
Here's what i meant. In your first post, you called Skycoin trash, with an extra h, cause your a fucking 3rd world ESL nigger. In your second post you made the suggestion that Skycoin's philosophy was perfectionist delusion. This is a crude argument that indicates your cognitive affinity for boolean logic which lacks the nuance required to comprehend complex ideas based on the real world. Basically, you are fucking stupid.
>writes about arguments without addressing them.
>Just stating that they are somehow icky, without explaining why
>thinks his post is anything else than standard word salad
At least you are congruent in your drive towards eluding reality, depending on your delusion to be your reality. If this is the standard SKY holder, one is better to stay away.
Might reconsider when the basic component of the stack is put into place, instead of piling up an ever larger stack of unnecessary but glimmering stuff.
Kek. BTC devs had to emergency fork the blockchain to confiscate 184 mil fraudulent BTC. Good thing the miners went along with that, doubt they would today.
checked
Bitcoin supporter here. POW works for Bitcoin but Bitcoin only. There will never be enough hashpower to go around for shitcoins. Shitcoins are shitcoins because they will always be vulnerable to 51% attacks. Enjoy losing your shit, someone has to do it.