user you seem quite knowledgeable, pls answer my questions as i am a relative newfriend to Jow Forums
what methods are BTC are implementing to solve its issue of scale? (apart from lightning and seg-wit_
what issue is btc-sv trying to solve, and how?
what assets are you holding?
ty user
Lightning Limitations?
Parker Davis
Isaac Fisher
those probabilities are not inherent to LN technology
as nodes/channels/liquidity increase with usage, (exponentially)
it wont be an issue worth thinking about
patience user
we're not even at Early Adopter level adoption yet
happy to help user
*Batching:
allows a number of payments to be compressed into 1 transaction
(1 input - N outputs)
useful for:
>businesses paying salaries / expenses
>exchanges sending money to user's personal wallets
*Schnorr Signatures
more efficient than ECDSA
(by 20-40%)
also enhances privacy somewhat
another possibility,
is the use of smart-contract locked tokens on other chains
(look up W-ETH/W-BTC)
yes, this does require 'more' trust than using pure BTC
but since you'd only use this for weekly/monthly spending money
its a net positive since it keeps most of your net worth secure on-chain
(it's important to keep the base layer as secure / decentralized as possible,
which is hard when you want people to download / upload hundreds of gigabytes every 10 minutes)
there are others like MAST which i wont pretend to understand
as I havent read much about them
remember, most BTC fans arent opposed to bigger blocks
we just want it to be sustainable,
so we don't centralize the chain
(BCH are calling for 1Tb blocks, which is a million-fold increase over BTC)
as for Bitcoin SV,
they seem to want to scale mostly/entirely on-chain
(128mb blocks,
with plans to raise it more in the near future)
theyre also aiming to offer smart contracts / tokens
dont know a whole lot else about them 2bh
but they are behaving quite badly imo,
suing BCH for 'unfairly' winning the hash war
(after CSW was certain he'd have more hash power)
it couldnt hurt to hold some BSV in case craig keeps his word
but most people regard him as a fraud
at the moment I hold a small amount of:
BTC, ETH, EOS, IOTA and OMG
I'm fairly confident the market will fall more before bottoming,
I'll be dollar-cost-averaging in over the next year
Colton Howard
same user from b4, ty for the help
what other assets do you hold? what are you longing?
also are you knowledgeable in more traditional aspects of fin/analysis. asides from the ones in the /smg/ sticky are there other places to look at?
John Miller
"asides from the texts from the /smg/ thread, are there other places to look at"
Lucas Thompson
(moving between wifi's so ID changes often)
I own commercial property in the city
(inherited so cant take credit for that)
I don't actually own any stock,
but if I did I would probably long term hold:
AMZN, FB, GOOG, TSLA
and NFLX wouldnt be bad to short
(lots of steaming competition nowadays,
plus their original content quality is dropping)
I wouldnt be comfortable buying any stocks now though,
particularly american/tech ones
since we seem to be on the verge of another gfc
gold/silver could be a good hedge if the economy starts to slip
I'm mainly reading about crypto, as its the most interesting to me
and probably has the highest potential ROI
Josiah Ramirez
They haven't done any load testing so whatever large number they claim should only be taken with a grain of salt.
Noah Phillips
i agree with you on these fronts. good luck on your investments and in life. > _ <
also beware of housing market bc if gfc that will take a hit also
Xavier Rogers
also one more question if it reaches you, but what crypto are you longing atm? and which exchance is the best. ty again
Austin Foster
true, but this is all bleeding edge
we'll just have to be patient
thanks, best of luck to you too!
>what crypto are you longing
if I had to pick one; BTC
I was considering holding some BCH/BSV as a hedge,
but since decided against it
ETH, EOS, IOTA, BNB and OMG are other good picks imo
BCH is working a lot harder than BTC to get merchant adoption but I think theyll fail for a number of reasons
>97% vs 82% down from ATH
doesnt look like much of a difference, but think about it in terms of how many times it has to double in price to break even
BTC only has to double 2.5 times
BCH has to double 5.1 times
(it's also at an all time low unlike almost every other coin)
>failed to keep any kind of peg to BTC
hit 0.2 BTC a few times,
but has since fallen to 0.15 to 0.10 to 0.05 to 0.03
>all the confusion around SV
regarding SV,
you should check out some of the accusations made against CSW
he talks a lot but has yet to achieve anything notable
>claims to be Satoshi - fails to provide any substantial proof
>plagiarizes other people's work - blames his editors for not adding citation
(that's not their job)
news.bitcoin.com
>pretends to be able to code
toshitimes.com
>holds numerous patents and threatens to use them against competitors - which goes against the whole idea of open source / free market
fortune.com
>claims that BTC has a fatal flaw in it, which he'll apparently reveal in 2019 - expects us to trust him
reddit.com
Vitalik has shown support for Bitcoin Cash a number of times,
but even he was calling out craig for his BS long before the SV fork
youtu.be
another good video
youtu.be
Jack Nelson
there's a meeting on an irc channel to discuss lightning network that's scheduled in a couple weeks was Dec 24th now Jan. 2nd I believe
I'll drop in and listen and post on biz what I get out of it
it's all the top developers talking about the current state of the network and future
so I'll just keep quiet and recap it here