Coingeek is backing out of BCHSV. I guess renting out extra hash was too expensive after all.
Coingeek is backing out of BCHSV. I guess renting out extra hash was too expensive after all
Evan Robinson
Owen Ward
Miners keep putting in more time energy and money into POW but are running out of fiat. They have drained too much too fast.
Do not buy POW coins, the entire market is compromised. Buy NANO or IOTA or EOS or ARK or LSK or motherfucking TRON even.
ETH is somewhat ok but only if you are loading up for staking.
Austin Brown
>Coingeek is backing out of BCHSV
Nolan Harris
That was a bit fast. And Craig was so sure at first that they would win.
Gabriel Kelly
>>Coingeek is backing out of BCHSV
Jayden Torres
> Enterprise class full node
So they plan on selling specialized mining equipment going harder on POW.
POW is compromised and unstable. Large actors get larger until they have a strange hold on the market. Then they do retarded shit like we all just saw because they don't understand tech.
Don't support that.
Lucas Ramirez
fuck off with your shitcoin
Xavier Bennett
This is ancient news, its like 12 months old but reposted today for you dumb bagholders so you can fomo into this scamcoin.
Elijah Nguyen
When there was just a collection of large actors prior to the fragmentation of the market caused by core asshattery, nakamoto consensus backed by proof of work actually worked.
It was only when devs made, social media propagandised, and shitwit clueless cunts demanded, idiotic changes that nakamoto consensus broke down and miners became completely mercenary.
Core is to blame for this.
Jaxon Collins
Which one? Choose anything not POW theres like 100 at least. More when ETH switches.
Miner days are numbered. Or did you think there would be no consequence to intentionally crashing the market after 10 months of loses for the average retail investor?
Good riddance.
Julian Wilson
pow is still the best option all the rest is even worse. sadly.
Connor Wright
>Terabyte blocks
Who are these people trying to impress? The equivalent of a 10 dollar whore with 0.01 BTC stuck on her bitbean wallet? lmao
Nolan Taylor
I agree completely, which is why I sold my BTC last year when it became apparent that they would fail the load test.
I still thought BCH would be cool. But it turns out the miner game selected for retards.
Wyatt Cox
I'm convinced they are actually going out of their way to look stupid. If you look at all the coretard accusations of what BCH was, SV are wholeheartedly emracing it and amping it up x10.
Jaxon James
fake news
cash.coin.dance
last coingeek block was 1 hour ago
John Flores
Not necessarily. If the BCH fork was a test, it's hard to describe it in any other way than a pass with flying colours. For one, the major stakeholders in BCH were prepared to spot the cash to purchase a mercenary army of hashing power to protect the fork, and for two, rather than just dogmatically sticking to nakamoto consensus despite a clear and present 4 exahash opponent loudly threatening them with re-org attacks, they made changes to the chain that mean now even in that situation, it's not vulnerable to attack.
They've basically come to the correct conclusion; nakamoto consensus is broken, and taken appropriate actions to ensure integrity of the ledger regardless. And they're honing it further.
Dylan Foster
nakamoto consensus wouldn't be broken if people and exchanges actually honored it. if SV overtakes ABC with the most proof of work they SHOULD get the BCH ticker on all exchanges even if it is two months from now. they probably won't though and that's when SV gains a lot of support from people like me who actually wants bitcoin to work like it should.
Jaxon Sanders
this
op is just an fucking retard
Brandon Kelly
>nakamoto consensus wouldn't be broken
if bch didn't exist yeah
Easton Long
>>coingeek partners with nchain
>bchsv partners with bchsv
>bitcoinSV is a return to how bitcoin was originally
>btw lol we have terabyte blocks now
lol
Jonathan Morris
Miners are a fundamentally broken abstraction. Why not put that energy to work providing a datacenter and sell on SONM? Instead they turn crypto to fiat and give it to energy companies while providing close to zero utility.
As miners extracted millions per day from the crypto market cap, noone used either SV or BCH.
Ryan Sanders
Trying to cannibalize the other starving criminal con artist assholes on Burst Bubble Island will only further reduce your chances of survival. But you would never have gotten shipwrecked there if you had been honest and crypto wasn't built on lies.
Ian Sanchez
Those breasts are built on lies. Yet you still posted them, user.
Adam Watson
No, they aren't. I like her because they aren't built on lies, they are natural. Unlike the crypto ecosystem.
Hunter Davis
If BSV actually worked at all, or even worked close to as well as BCH, you might have a point.
But it doesn't, it's an epic failure, literally everything they promised and threatened they failed to deliver on, and in some cases it even backfired on them. By contrast to the BCH pass, BSV;
> own goaled its own chain with a re-org attack
> utterly failed to attack BCH, and in fact made it impossible for them to realistically leverage their hashing power in any future dispute due to the changes their hollow threats provoked
> alienated upward of 90% of the stakeholders in BCH
> threw massive amounts of economic weight behind an obviously failed deadend project
> dumped coin value to like 70 USD.
> made Calvin look like the victim of a con artist
> made CSW look even more like a con artist than he did before, and given how much he already looked like a con artist, this is fucking amazing.
> when they propagated a block *HALF* of their own fucking block limit, it blew out their network and took 40 minutes to propagate
> They're *STILL* ten days afterward behind on accumulated proof of work, and they are massively unprofitable to keep mining while BCH is now profitable to mine and doesn't need to hire extra mercenary hash. They may well absolutely never catch up at all.
> They hire SV shill brigades to spam Jow Forums 24/7 in extremely obvious and sad ways.
> They managed to make Ryan X Charles, one of the most eloquent and interesting speakers in the BCH ecosystem look like a nut job just by association.
> This isn't even a complete list.
At this stage it's just embarrassing desu.
Grayson Smith
Yeah, I basically agree with you, the state of the market being what it is. It's a shame it had to come to this, but we don't live in a perfect world, and it was crazy to ever think the opposition wouldn't fight back. So, back into the fray, win or die.
Benjamin Scott
>Coingeek is backing out of BCHSV
Jayden Cooper
lol, this guy's twitter feed is a fucking trainwreck, he's calling old avalon miners bitmain machines, and generally acting like an idiotic BTC/BSV shill in a very transparent and obvious way, unironically re-tweets fucking Samson Mow of all people.. If you actually believe that shit, you're on drugs.
Dominic Rivera
This whole thing is making me like linkies. Yes, they do spam the board, but they seem so harmless and even funny at times. But the SV spam has been like a toxic smog on the board.
Picture: Coingeek has definitely cut down their mining hash at the moment. They used to have ~70% of hash at all times on the SV chain, but suddenly, in the last hours, they have had only 1 block from 12. Also, within the last hour, only one SV block has been found. Something has happened.
Henry Howard
SV spam is temporary, linkies are spamming for over a year.
Nobody would mind if they created one link general and spammed fat sergey memes all day long, instead there were times when most active threads were about link, each with 1-3 posts
Juan Harris
They were trying to fight a war of attrition and hit the people who were paying for the higher hash on the BCH chain, but that doesn't work when the hash is simply most profitable to mine at the level it's at like BCH is right now. Both networks are roughly equal with 2EH it seems, but BCH is actually profitable to mine at this level, whilst BSV is 131.80% below what they'd be getting if they just mined BCH/BTC. Given that, they know long term they simply can't out-mine BCH while the prices stay at this level so they're probably moving hashpower back to BTC until BSV price warrants it (optimistically) or forever (pessimistically).
They really just got their asses kicked in this hashwar so bad it's embarrassing.
Ayden Robinson
I dont even want the BCH ticker anymore. SV at scale will just be Bitcoin. in 10 years nobody will even remember Bitcoin used to be traded under BTC ticker
Andrew Anderson
"1 terabyte blocks" --> translates as: "centralization"
was that the Official™ Satoshi™ Vision™ ?
Jack Myers
What a boring fucking 'war'. You think if either side was as rich as they were boasting, they would pump the price of their coin and fight it out on coinmarketcap.
They don't because they are all bankrupt liars.
Sell POW, buy POS / DPOS. NANO IOTA EOS TRON ARK LSK
Elijah Anderson
Yet, despite the loss becoming ever clearer, BCHSV price is being pumped right now. Weird.
Isaiah Long
>t. white knight
Christian Nelson
>If BSV actually worked at all
BSV is forked from ABC. Three months ago the ABC clients works just like the SV client works today. Are you saying BCH didn't work two months ago?
Jace Sanchez
>within the last hour, only one SV block has been found. Something has happened.
No, it's just random. They have had few blocks lately for the same reason why it's always 10 minutes to the next block even when there hasn't been a block for 50 minutes.
Nolan Lewis
As long as there are three miners the censorship-resistant nature of the system isn't threatened.
Bitcoin is never going to the next level by feeding some chickens on twitch. That stuff was something to get excited by 5 years ago. If it doesn't scale big now and get huge corporations it will all become worthless in 10 years. Outcompeted by VISA's fake crypto. Huge corporations won't on-board a system with 1 MB blocks or even 32 MB blocks. That's too little room to grow. And they won't on-board a system that isn't legal either.
Noah Jones
CSW should abandon SV. And create another fork of BCHABC and start over with the hash war.
Alexander Carter
> My car worked just fine two months ago
> Yeah I welded a couple JATO engines to it in order to try break the sound barrier
> Are you saying it didn't work two months ago?
You fail at engineering.
Justin Gutierrez
ABC has changed a lot, SV has changed almost nothing.
BCH was about removing limits, not experiment further. Craig has a right to be upset.
Isaac Foster
"Decentralization" is a meme, politically driven by socialists and lolbertarians who believe in equality and muh freedoms
Nolan Phillips
There's not even any mention of decentralization in the whitepaper, its an invented political meme
Nicholas Edwards
The goal isn't 32mb blocks. I get that people are anxious that the core situation should never be repeated, but the goal has --never-- from fork time been any less than the original vision for Bitcoin, global peer to peer electronic cash, immune to censoring and tampering, period.
Zachary Gomez
Removing the speed limiter on your engine doesn't make your car go faster, get it? You actually have to do engineering work to make the machine operate more efficiently. Just saying "LETS GO BACK TO THE REAL THING AND REMOVE ALL THE LIMITS" doesn't get you anywhere. You're talking about software that hasn't even been optimised for local multicore processing of the transaction stream and you think it's just going to magically process unlimited blocks. That is simply not how this works. No matter how powerful the hardware in a node is, if the software is for shit, it will not accomplish anything, and that is the case.
Core never optimised for high volume on chain transactions, and why would they? They never planned on allowing them. So of course their software can't process high throughput on chain transactions, it shits itself at about 10mb throughput, which is exactly where BSV is presently dying despite upping limits and trying to solve the problem by throwing hardware at it.
Read and understand this graph. BSV *DOES NOT WORK* and will not work until optimisation is done at the software level, period. They ignorantly split the network because they're too retarded to understand this.
Julian Martinez
> not any mention of decentralisation
> title of the fucking whitepaper is peer to peer electronic cash
neck yourself.
Nolan Watson
>ctrl+f "decentralization"
>0 results
>ctrl+f "decentralisation"
>0 results
Dylan Thompson
Fuck off craig
Michael Price
Now the FUD comes. Lol, pathetic
Carter Nelson
>until optimisation is done at the software level, period
Stop the bullshit, you shills are pathetic! CoinGeek is actually the single entity that has interest to fund parallelizability development and terabyte initiative. SV's aim is to remove scaling limits within a short time frame. youtube.com
Nicholas Garcia
peer to peer means decentralised you fucking brainlet blathering shitcock baka
Levi Howard
That video is from terab shit for brains, I know it just from the cap without even watching it, and they precede BSV and coingeek both.
You're a transparent dickhead shill who has no idea what the fuck is going on.
Hudson Reed
>until optimisation is done at the software level, period
Stop the bullshit! CoinGeek is actually the single entity that has interest to fund parallelizability development and terabyte initiative. SV's aim is to remove scaling limits within a short time frame. youtube.com
Asher Kelly
>This adds an incentive for nodes to support the network, and provides a way to initially distribute coins into circulation, since there is no central authority to issue them.
This sentence literally implies decentralization by stating a coin minting mechanism in the absence of a centralized authority. Just because it doesn't use the word "decentralization" doesn't mean that it's not what it was intended to accomplish. Fucking idiot
Parker Ward
Transparent shill is transparent. See your supervisor and have him dock you six rupees for cocking up rakesh.
Gabriel Thompson
Keep projecting s'oyboy faggot.
Im strong supporter of SV, you have no idea who you are fucking with.
Sebastian Evans
?
Peer-to-peer
>computing
>involving sharing files or other resources between computers connected through a network, rather than using a central server (= a central computer that stores files)
>finance
>peer-to-peer lending involves the use of specialized websites that bring together suitable individual lenders and borrowers:
Decentralization
>the transfer of authority from central to local government.
>the movement of departments of a large organization away from a single administrative centre to other locations.
Try harder, sweetie.
Zachary Barnes
Again, keep undermining us.
We need useful idiots like you.
Landon Parker
Damn son, nChain really needs to hire a better class of shill. I know you people shit in the streets but you're not supposed to step in it.
Owen Morgan
You're doing a fine job of undermining yourselves. You don't need our help. But while you're at it if you want some pro-tips, simply keep shitposting here with that I know better than you attitude coupled with your abject shitheaded ignorance. Nothing could undermine you more effectively. You may as well be wearing investor repellent
Caleb Mitchell
I'm pretty sure he could probably guess the neighbourhood in mumbai by cross referencing the earnings and street shitting statistics to figure it out based on your idiocy there kumar.
Joshua Turner
That just explains that coins can be distributed because there is no one central authority to issue them. That's not the same as an egalitarian decentralized socialist utopia. Complete decentralization is Marxist bullshit, neck yourself for being such a commie faggot.
David Diaz
> I strawmanned you as an egalitarian decentralized socialist utopia.
> There's nothing in the whitepaper that implies an egalitarian decentralized socialist utopia.
> Therefore you're not following the whitepaper
There's a much easier solution there pajeet. Maybe you're just fucking stupid and don't understand practically nobody in the entire cryptosphere, letalone the more anarchocapitalist set of BCH'ers, is advocating for an egalitarian decentralized socialist utopia. Quite the opposite in fact. But that has nothing to do with the simple fact that the system was designed to be decentralised. Denying this just makes you look ignorant.
Connor Gonzalez
>imagine being this deluded
Keep taking those meds faggot.
Leo Richardson
What is it with these hilariously weak ass attempts to create a personality cult around faketoshi? Do you stupid fucks honestly think anyone looks at your pictures of him LARP'ing as if he were proficient and mature at anything at all convinces anyone at all of that, given the fact that when he opens his mouth in public literally all that comes out is gibberish and lies?
Dominic Evans
>Removing the speed limiter on your engine doesn't make your car go faster, get it?
Are you retarded or what? Many motor bikes have a limiter that makes them go max 40km/hour. Doesn't removing that limiter make them go faster, brainlet?
Hunter Fisher
> I don't know shit
Yes, pajeet. we know
en.wikipedia.org
Austin Diaz
how are so many people not watching what is going on?
Coingeek is reconfiguring their services for the next round of stress test after they gain data from continuous 32mb and one 64mb block.
Did you think this battle was about straightforward hash racing? The way to win is keep your chain alive while you scale bitcoin NOW. Make the two other token focused bitcoin chains look like the retail-level fraudsters they are while showing institutions and nation states that bitcoin is open for business.
Parker James
How the fuck are they failing to understand this while their own network is disintegrating underneath them as a result of it? It's not like they tried to remove the limits and everything was just fine, they literally fucked themselves.
Nolan Ramirez
>designed to be decentralised
Only to a point, far short of the kind of Marxist faggotry you believe in.
Christopher Lewis
You do that with proper engineering, not sperging out and waving your dick around about how you're going to do it and then utterly failing.
Sebastian Hughes
You're just jealous you're not getting all these Satoshi gainz.
Christian Brown
There are no marxists in BCH fuckhead. Get a fucking grip.
Evan Gray
Apparently 15 year old teenage boys are more technically literate than you because they manage to make their bikes go well over 60km/h after removing the limiter. If I were you I'd be so embarrassed that I'd kill myself. I highly recommend you do that so we might see a tiny bump on the global IQ statistics thanks to getting rid of your negative results.
BTC was already capable of doing more than 2Mb blocks before the artificial limiter was introduced.
Benjamin Flores
srs pajeet you need to send me your shill farm business card we could use you to shill for boomer cunts with zero innate worth also.
Caleb Mitchell
He lost when he reorg'd his shitcoin. Everything after that is just dick measuring to see who has the deeper pockets.
Hunter Nguyen
> totally ignore the facts
> spew bullshit
Kill yourself pajeet.
Dominic Murphy
>You do that with proper engineering, not sperging out and waving your dick around about how you're going to do it and then utterly failing.
It's the ABC cucks who caused it all. Who was it that wanted to introduce a hard fork? Tell me now, smart ass!
Christian Cooper
A hard fork that you very kindly proved necessary for them by demonstrating what happens when you just raise the limits without actually doing the required engineering work to make the chain function properly. So, congratulations on being the horrible example they needed you useless goofball cunt.
Elijah Green
> totally ignore the facts
> spew bullshit
Why are you talking about yourself? Are you seriously brainlet enough to challenge the fact that 15 year old kids can make their bikes go faster by removing an artificial limiter?
Seriously, at least castrate yourself so we don't have to see more of such simpleminded shitheads like you. On the other hand never mind, no woman will want to handle such a disgusting personality as yourself and you're too poor to buy one.
Colton Phillips
bingo
Josiah Price
Woooowzors!!!!111one
They removed a limiter in their shitty learner bikes to go a bit faster down a hill. Great comparison.
Ryder Robinson
BABC is 100% controlled by China's Communist Party.
Roger and Amaury sold themself.
Andrew Garcia
He could rope The Antantantwhateverhypeman into it.
Antman coin. SlimSatoshiCoin. Roger with SiaCoin. No, wait, that already exists
War of ants. Everybody pays for as many antminers as they can, and just turn them on.
Matthew Harris
long list of whiny faggy complaints, 0 facts. gtfo of here beta skeletor
Christian Sanders
>A hard fork that you very kindly proved necessary for them by demonstrating what happens when you just raise the limits without actually doing the required engineering work to make the chain function properly
What a way to demonstrate what an absolute brainlet you are. So it goes like this: Craig is moving on with his plan to make BTC scale without 2nd layer fractional reserve bullshit and then we have jackass Gavin and Brazzers Jihan decide they want to cuck themselves to core and fork off ABC before Craigs work is done. Then comes an absolute brainlet with ID of "m+soowbX" who blames whines and bitches about the SV (BTC) fork because "muh dey no have scaling muh just removing limiter" even though they had no choice but to fork it at that point.
You're genetically inferior and always will be. Please stay at Patna and don't procreate.
Joseph Lewis
i know that the 32->128 block increase on SV didn't really serve a point. but im indifferent with the limit being increased as early as possible just so it isn't run into later when the system has been improved to handle regular blocks of that size. if nothing else it sends a message to clueless businessmen that they are all about scaling.
it still doesn't change that ABC has moved further away from bitcoin and SV is now the closest thing we have to the original. or as Roger would have put it, SV currently has the most bitcoin-ness to it.
the rumors about ABC implementing Avalance, which is apparently some kind of proof of stake thing, makes me glad that SV is still around as a backup plan. that 10 block auto-finalization thing on ABC felt really rushed.
Kayden James
> challenge the fact that 15 year old kids can make their bikes go faster by removing an artificial limiter?
This proves you don't actually know what we're talking about at all, and you're embarrassing yourself. Figure it out. Until then, fuck off bitch lasagna
Matthew Barnes
Jacob Perry
>They removed a limiter in their shitty learner bikes to go a bit faster down a hill. Great comparison.
Imagine having this shitty personality that you can't even fucking concede that 15 year old kids can make their bikes go faster after removing a law mandated limiter. No wonder everyone has always hated you through your life. You're such a btich that you deserve to be ostracized.
Easton Cox
> Craig is moving on with his plan to make BTC scale
By "moving on" you mean "demonstrably failing" you shit streeting pajeet fuckhead. Nobody cares about your bleating, shill harder, you just make yourself look worse.
Nolan Garcia
user, do you even actually realise you're talking about a completely different device than they are in the analogy there, or are you out and out trying to shill for ABC by shilling extremely badly for SV? Because respect if so, I don't think I've ever seen such incompetent idiotic shilling in my entire life.
Aaron Morris
>im indifferent with the limit being increased as early as possible just so it isn't run into later when the system has been improved to handle regular blocks of that size.
And what better time to do this than this. Cucked Gavin and Brazzers Jihan were going to fork to fractional reserve anyways so why not raise the block limit while they tighten the noose around their necks. It's one less hard fork down the road to scaling.
Brody Powell
None of that matters, because BSV flatly proved they're incompetent and not able to actually be stewards of the chain. Imagine you're running a business and thinking of entering the space and you see what happened at the BSV fork as a smoke test. You would never fucking touch them with a ten foot pole. is correct they failed as hard as it is possible to fail. They failed harder than fucking microsoft with windows ME.
Eli Clark
>This proves you don't actually know what we're talking about at all, and you're embarrassing yourself. Figure it out. Until then, fuck off bitch lasagna
AHAHAHHAHHAA
Just imagine being this butthurt for being verifiably wrong and then having to defend your bullshit because your shitty personality can't handle a loss. I mean holy shit, you should have seen that there is something wrong with you after finding out everyone hates and avoids you but nooo, you just double down and bitch on the internet for your hurt feelings and childishness.
Ryder Phillips
i wouldn't say they are incompetent or have failed
Juan Russell
you're wrong dude and you're just making yourself look like more of an idiot every time you post missing the point again. give it up. go grab some papadums or whatever the fuck.
Owen Allen
Then you would be incorrect.
Henry Collins
you don't say?