BSV just cracked 14,000+ TPS on testnet

literally just used it for the first time to sell my fork coins and it took 30 mins to arrive on bittrex

because cucktrex requires 3 confirmations pajeet.
try to send it from wallet to wallet and keep coping

It's blocks are fuller than BCH and Litecoin

Sounds like you're projecting, Rakesh.

It's actually incredible not having to wait for confirmations, I withdrew from Polo to moneybutton to streamanity so I could watch a video in under 60 seconds yesterday. Not a single delay

am i a brainlet or is this not impressive? harmony has 118k tps right now and is aiming for 10million

b-b-but user, bitcoin is not supposed to be used.
its muh digital gold! use a credit card if you want to send small transacctions ffs

buy BSV and SHUT THE FUCK UP NIGGA!

>PoS-based full sharding scheme
in the trash it goes.

unwriter is not a person but a team

b-but my lightning network! in the next 18 months for sure this time!

Just shy of $10,000 per coin

He is lead scientist so yes. And also he literally created Bitcoin.

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>2GB blocks
>scaling
OP, are you retarded?

This is how Bitcoin was always supposed to work.

You should be angry at the people who sabotaged this.

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explain plz wtf is that

he satishi

*teleports behind you*

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thats the consensus model of your shitcoin. PoS is crap and doesnt work. it rewards the largest holders and leads to collusion. 51% can control the network simply by buying up all the coins. then 51% can control those 51% and so on. eventually you end up with 1% calling the shots. PoW rewards miners for working and securing the network instead of just hoarding coins. Dr. Wright talks about this extensively
medium.com/@craig_10243/proof-of-unregistered-security-798f4df2fbb9
most people in crypto dont really get it (heck I barely understand it myself). but a core innovation of bitcoin was the nakamoto consensus model involving PoW. PoS, DAG and all the other crap out there is a deviation from this and wont work in the long run.

The only scaling method I've seen that isn't shit it Bitcoin-NG.

>sharding
same crap, see
all these shitcoins sacrifice security for scaleability. BSV is the only scaleable PoW coin following satoshi nakamotos original design. it works but instead of building it up blockstream has crippled the development, leading to all these shitcoin abominations popping up. they will all be crushed by BSV.

cointelegraph.com/news/vitalik-buterin-proof-of-stake-sharding-to-make-blockchains-1-000x-more-efficient

what about this seems pretty convincing to me

Checked. Vitalik is by all means the smartest man in crypto, or at least in the top 10.

it is btw pretty telling that most people in crypto dont have the slightest clue about the tech. they think muh muh many transactions good, while all these deviations from the original protocol lead to centralization and/or loss of security. Visa does 150 million tx per day but its completely centralized. if you just want many transactions while sacrificing security you might as well just use credit cards. and ironically thats exactly what blockstream has been telling people to do. even most developers dont seem to get it since they dont understand economics. the genius of satoshi nakamoto was that he combined various fields (cryptography, economics) and came up with a genius solution thats economically incentivized on every level. BSV works as intended, its fully scaleable and it will crush all the competition. 99.9% of these shitcoins will be gone in a couple of years.

You're right, 2gb is still way too small, 1tb blocks are ideal and the goal BSV is working toward

see
Dr. Wright talks specifically about ETH and why its dead in the water.

how'd that work out for NANO again? Down 90% from ATH

but eth is being adopted by all the corporations

Proof of work is shit. It was invented by Adam Back, and he's a cuck. Do you seriously want to support Adam Back?

when i dumped this shit, i unironically had to wait 3 hours till it reached the exchange. forst confirmation tookk 30 mins and i needed 10 of those! wtf are you rambling on about instant tx here, this is an absolute shitcoin and even bitcoin itself is way faster.

Adam Back invented Hashcash, not PoW.
they will all move to BSV eventually.

couple of .ppt partnerships and after conference photoshoot is not adoption

eth doesn’t scale beyond 14 tx/s
14 tx/s
i can repeat it again

14 tx/s

From bitcoin's whitepaper:
>To implement a distributed timestamp server on a peer-to-peer basis, we will need to use a proof-of-work system similar to Adam Back's Hashcash
Fuck him. Fuck Adam. We have to break from his heritage, not dwell on it.

Proof of Work was invented in 1993 by some harvard nerds. Adam Back is not the inventor of PoW he was just one of the first to use it in software.

seriously? so isnt the token that helps eth scale become the technology at the forefont of the crypto space?

No blockchain, no proof of work, i.e. it's a shitcoin.

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The reputation of PoW is now tainted because of him. We have to move on. Fuck Handcash, fuck PoW. Don't fall for Adam Back's PoW shills.

>some meanie used it
>therefore nobody can ever use it again
not how it works user

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Hahahaha he's looking more and more stressed out by the day!

Creg is satoj he make the Coin

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Looks fine to me.

How well are you coping on the other hand?

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Hahaha Get the fuck outta here, queer. Guy looks like he's not gonna make it.

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I have 3.5 Bsv. How many do I need to make it?

>I have 3.5 Bsv. How many do I need to make it?
-200 BSV to make it

This means jackshit, I could send Terablocks too between my two computers too.
What matters is the number in live situation with a global network where you have to transmit these blocks between thousands of nodes around the planet with various hardware and connectivity.

Imagine being able to do 14000 transactions per second but actually not even needing one tps.

Enjoy $0 btc

We have warn you

When my shitcoin holdings sell Im all in BSV.
Billionaires always get what they want.
Why is BTC pumping? To dump when Satoshi reveals himself in a few months.

"this time its different"

Haaa what lkek

But even if he is Satoshi, why would people buy his coin? I never see bsv shills explain this. They all act as if the price will go up magically if it is proven that wright is Satoshi.

No
You dont do code

you have to be a total retard to own anything in this man-child market except BSV, which is literally the only adult in the room

21

Because humans want leaders, its nature

They want accountability they want to trust

Omg what a retard you are.
>Muhh people will buy my cryptocurrency because they want a leader

Seriously whoever is paying you for this shills is getting scammed.

Pointless test. The bottleneck would be distributing transactions globally fast enough. At higher rates of txns and larger blocks its just huge amounts of data throughput, in the gigabits per second, every node needs to be supporting globally, scaling exponentially. Testing big block TPS in a testnet shows absolutely nothing.

On chain transactions simply can never scale because they require global consensus on incredibly large sets of data. You want every node to be synchronizing hundreds of gigabytes of network traffic, disk I/O, petabytes of storage? You would essentially have only a few full nodes dominate the network, turning it into a centralized system. Even ETH, which already has dynamic blocks, can't even be run on a hard disk anymore, you need a fast SSD to run a full node.

This is why off chain solutions are probably the future, they keep the underlying blockchain free to focus on security and decentralization rather than compromise those aspects for raw TPS. The blockchain becomes a base layer to provide trust for applications built on top of it. Not every transaction in every application can be settled on chain.

>We have warn you

Power pajeet

Nigger, CSW can't code at all. He's clueless as fuck. Skelly is a guru programmer who even partook in IOI as a teen. Obviously he's more competent in protocols too.

youtube.com/watch?v=9EHKvNuRc0A

>you need a fast SSD to run a full node.
oh noes how will industrial scale miners ever gonna cope with this excessive hunger for hardware?

vitalik still thinks communism can work
he can code but not much else

>t. Adam Back
Thanks for your worthless input. Would have gone to leddit if I wanted to hear the blockstream PR narrative.

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For ETH, which is only doing like 10-20 TPS on average. For gigabyte blocks like BSV is talking about, you're right, only industrial scale miners would be able to run full nodes. Everyone else would have to "trust" them and rely on centralized third party services to join the network.

Fuck Adam Back. I hate this man. Hashcash and PoW were a mistake.

Craig Smokes Ganja With Hebrew Israelites

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BSV is a total scam ran by Colombians.

>muh full nodes
get outta here with that blockstream propaganda. nodes dont even verify transactions. the plan was never to have raspberry pis run a global currency. of course it will be handled by big miners with resources. that doesnt mean muh centralization. eventually every country will have their own mining oiperations because... newsflash... its actually profitable to mine BSV and they dont rely on a broken "fee model".

THEY WONT BAHAHAHA. No one is buying this bsv FORK shitcoin. Its literally going to zero EOY, watch Calvin dump his bags to pay for his resort.

Empty 128mb blocks vs empty 2 gig blocks

if he turned out to be satoshi no one would think any better of him, people would simply agree that satoshi has gone insane and thank God his no longer associated with bitcoin

>muh tps, guess what Visa can do more than that, why would I use bsv again? yeah, I thought so.
Store of value > Payment processor

21 for the guarantee.

I think you will be fine if you hold for the next decade.

Stage 1

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How many exchanges have BSV again? lol

yeah screw peer to peer, middlemen are the future.

your node is worthless dummy. at scale nationstates and corps will be miners. that is plenty decentralized.

Mining is already performed by big data centers in fact. (Mining pool = data center). If you can't scale it at this level, there's no point fantasizing about "nationstates and corps".

>thats the consensus model of your shitcoin. PoS is crap and doesnt work. it rewards the largest holders and leads to collusion. 51% can control the network simply by buying up all the coins.
much more expensive than buying/manufacturing hardware enough to 51% attack a POW chain
you drank too much kool-aid, man.

make 3 blocks like this one after another and see what will happened, not just one that's too easy

if you want to mine and make the big bucks you are gonna need good hardware and a good connection. crippling the network for raspis and old hardware is and has always been retarded. survival of the fittest.

Mining pools already have good hardware and a good connection, dolt

so whats your point? your raspberry pi dropping off the network is a good thing dingus.

That is literally how Bitcoin was designed. Satoshi told us this 9 years ago in no uncertain terms.

PROFESSIONAL SERVER FARMS IS THE INTENDED CONFIGURATION FOR BITCOIN AT SCALE

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No one is talking about raspberries. Even data centers are still using the common internet infrastructure. Good luck expecting them to synchronize multi-gigabyte blocks across the globe. You'd need a dedicated channel for that, something like VoIP, not the internet. Last time when BSV had a dangerous 6-block reorg and the whole network halted for 1.5 hours, it were not raspberries who caused it. Everything was mined in data centers.

Professional server farms are already the case and they're called mining pools

>distributing
>every node
you core keks still dont get it do ya? still havent listened to one word craig said.

DATACENTERS nigger.

Already the case, fag. Solo miners died out like out 5 years ago, it's all mining pools now. Doesn't help.

>pools
oh lord. you cant be this dumb.
there aint gonna be anymore pools you dense fuck. no more nothing. it will be ran in a datacenter and it will be centralized. no more consensus no more democracy. no more bucketshops.

Proof of burn

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>imagine writing 14k transactions into your mysql database in a datacenter and thinking this has real world implications
ratio is getting pushed down everyday calvin. its humorous watching you piss away your gambling money in real time.