barack posted on December 04, 2019 20:42:56
Bitcoin SV is designed to be open to anyone who builds on it, without permission or reporting to high-level agents. Many applications and services are built independently for and on the Bitcoin SV blockchain, without having to ask anyone or be suspicious of any possible protocol changes. In addition, they have several hundred patents and a blockchain designed for worldwide implementation.
Wappie posted on November 18, 2019 06:11:27
What a shitshow.
"Paving the way towards Genesis, the full restoration of Satoshis Bitcoin protocol, bringing with it unbounded scaling and limitless economic potential."
The bsv chain already suffered mutliple block reorg attacks.
The constantly dropping hashrate is testimony to the quality of this disaster.
Nobody wants to mine bsv, let alone use it to store or transfer wealth.
With the bsv chain you could very likely lose all your wealth because the chain is not secure.
Why does this even exist?
Pull the plug. Let it die quick instead of this prolongated torturous death.
pdo posted on November 16, 2019 15:29:27
Bitcoin SV fork is another strange episode in Bitcoin world. I'm an engineer and I understand the decision to increase block size to accommodate more transactions. But there is a limit to any technical parameters. Increasing parameters often doesn't fix problems. Supporters of Bitcoin Cash (BCH) should revisit their thesis: people need bigger blocks. The market has decided BCH is an inferior fork. Block size is not a problem.
Big block supporters intentionally or inadvertently took Satoshi's paper by its words. They fail to understand the market. People want digital gold, not digital cash. Having small block size is beneficial for digital gold use case. It seems like big block supporters just want more money by forking. I stopped following further BCH forks.
Disclosure: I'm long Bitcoin BTC and Bitflate BFL.
BitDaddy posted on October 29, 2019 04:39:03
BSV is the only Bitcoin that is capable of global scale and in the process it can change our world for the better in many ways, creating a more efficient digital and financial world with accountability for all. A safe and secure data economy for all. Everyone can find benefits in BSV whether it be big business or a pawn in the game, big or small it can benefit all. From processing payments and powering apps to finalising deeds and meeting many needs. Bitcoin aka BSV can help banks, governments and legal proceedures become more efficient leading to a better world for all, free from manipulation and fraud. It can help restore trust and usher in a new digital paperless age that will lead to many benefits that cannot be ignored. The future is ours!! Let's make it a good one.
FelixJP posted on October 28, 2019 23:52:53
The BSV community consists of people who understood the intent of the whitepaper. I think many who now use, trust in and/or develop for the BSV community, kind of liked Craigs very professional albeit often hard to follow performances, spiced sometimes with some kind of erratic behaviour after he started to become more public in 2017. And many of us knew early on, that only he could be the genuis behind the moniker Satoshi Nakamoto.
For those who not only have eyes to see and ears to listen, but also have a mind to think, it became obvious that there will be only BitCoin Satoshi's Vision or no coins without any vision.
Therefore it's not necessary anymore to talk about any other coins or blockchains. Of course there will be other, kind of private blockchains, but they will not matter in a world which runs on BitCoin.
Max posted on October 28, 2019 22:14:45
Bitcoin (BSV) is absolute Bitcoin. A strong adherence to the White Paper. BSV is strong, scalable, fast, transparent, and has multiple powerful expert developer, marketing, and advisor communities of which no other cryptocurrency can or will rival. Bitcoin (BSV) is the original, it is authentic, and we have yet begun to experience the full potential. Not to mention BitcoinSV is legal, open, and forward designed.
hellogato posted on October 27, 2019 19:32:11
The amount of ad hominem in these "reviews" is staggering and indicative of low-quality reasoning skills. Aristotle reels.
Bitcoin (BSV), regardless of who is involved in the project, is clearly in line with the whitepaper and operates like the BTC I used in the early days of the ecosystem - low fees, safe zeroconf, on-chain scaling, and a stable protocol for third-party apps and services to build atop.
From the fixing of OP_RETURN (originally OP_PUSHDATA) to the return of witness data for SPV, Bitcoin BSV is fixing nearly a decade of stagnant adoption.
Anyone who has worked in the software industry or run a software company understands that changing core protocols or frequently-used libraries is a huge boon to adoption and causes significant development time and overhead.
Bitcoin BSV is fixing this.
Anyone who has worked in a retail or payment processing business knows that payments must be cheap, frictionless, and extensible. The BTC community secured one of the largest digital marketplaces on the planet, Steam, only to lose this integration in late 2017 due to a failure to scale.
Bitcoin BSV is fixing this.
And this is simply retrospective action and does not speak to the tremendous economy of scale that Bitcoin BSV is creating via on-chain storage and applications. It is a true Internet of Money, a new economy, a fresh methodology of monetizing and owning data.
bullish posted on October 25, 2019 12:38:18
If only BSV didn't have Craig Wright and his crew at CoinGeek in its ranks then I would instantly bump it up more. I really don't like everything about Craig and his approach to this space with lawsuits, patents, crazy claims, emotional court outbursts and more.
But enough about Craig -- I think BSV folks make great points from an economic perspective and I also think that Satoshi and what he wrote in the whitepaper are still relevant to this day.
I also really like how they are building apps with microtransactions on the BSV blockchain. Twetch is one of my favorite ones and its token economy is really interesting, putting new incentives around the Twitter system pretty much. Even though I like this dapp and probably others that ppl are building on BSV, I definitely don't think all the worlds apps and data needs to be on the blockchain, that just seems a bit ridiculous lol.
Martin k posted on March 22, 2019 22:53:10
I think it's pretty accurate to say that this Bitcoin fork has some good things going for it and Craig wright is not one of those things. Truth is he tainted SVs chance before it even had one by being a complete power driven maniac and trying to destroy the versions that it forked from in order to dominate.
kurtwuckertjr posted on February 07, 2019 18:35:04
To understand Bitcoin SV requires a deep understanding of consensus networks and bitcoin as a protocol. The facts:
- BSV shares Satoshi Nakamoto's Genesis and the entire UTXO set in compliance with the bitcoin rule set. Meanwhile, BTC has endured an economics change and a governance change since 2017.
- If bitcoin is to be sound money, it cannot be changed without a consensus of distributed hash. BSV adheres to this whole BTC does not.
- BTC and BCH were separated by consensus of that distributed hash creating two chain tips of the same network that BOTH operate outside of consensus. Therefore either both are bitcoin, or neither are, if you understand that there can only be one chain with the genesis block and competing hash.
- BSV split off of BCH in order to make its way back to the 0.1 rule set in order to return to the status of sound money that can be trusted never to change.
- By the rules of distributed consensus set out in the white paper, there are 3 versions of bitcoin currently out of consensus. In order to "win," miners must either orphan or reorganize 2 versions into the main bitcoin blockchain. Until that point, all 3 are technically valid *and* invalid.
BSV is currently mined by ViaBTC, BTCdotCom, CoinGeek, Squire, BMG, SVPool, Poolin, MemPool, Dpool, ProHashing, Dutch Mining and a number of smaller miners. Mining statistics will be updated here: https://sv.coin.dance/blocks
For people worried about Craig Wright being or not being Satoshi Nakamoto, first of all, it doesn’t really matter if he is or isn’t. He’s just one guy at one company in the BSV economy, but before you write him off, consider the fact that he was outed by various sources against his will to his own personal detriment. Here's some evidence of being Satoshi:
Email to Julian Assange in 1996 showing his membership in the Cypherpunk Mailing List: http://cypherpunks.venona.com/date/1996/09/msg01513.html
Ian Griggs explaining the extortion of CSW for being Satoshi before the BBC broke the story: https://twitter.com/iang_fc/status/674722847160422400
Gavin Andresen's experience explaining how CSW proved that is Satoshi. Gavin Wright was handed the bitcoin project when Satoshi went into hiding: http://gavinandresen.ninja/satoshi
Jon Matonis' proof of Satoshi: https://medium.com/@jonmatonis/how-i-met-satoshi-96e85727dc5a
JVP explanation of meeting Satoshi: https://twitter.com/haq4good/status/727846103522017280
CSW signing with the Satoshi keys: https://youtu.be/5DCAC1j2HTY
Another thing to consider is that outside of the development done by nChain’s teams run by Steve Shadders and Daniel Connelly, there’s big development work being done by miners like Mempool and CoinGeek and independent businesses like Moneybutton, Handcash, CentBee, Unwriter and more.
Then there’s the third party businesses that are building atop the protocol to consider! Twetch, Preev, UptimeSV, Legally Chained, WeatherSV and all of the companies building apps to utilize the BSV blockchain.
There’s so much action happening here.
Dr. Doom posted on December 16, 2018 22:54:37
Eventhough Bitcoin SV is a hardfork of a hardfork (bitcoincash) of Bitcoin and the protocol is actually the closest to the original whitepaper of all existing bitcoin forks out there, you should be aware that one of the most vilified people by the cryptocommunities (Craig Wright is also known as Fake Satoshi, because he identified as he the “real” Satoshi, which he then couldn’t prove; since then most people regard him as a scammer), is in leading charge of this coin. Also the mining power is far over 51% in the hands of 1 entity, so it is a fully centralized coin. I do not trust this Bitcoin/Bitcoin Cash fork for 1 single BIT. And then that super ridiculous logo....pretty sure that ISN'T "Satoshi's Vision" at all!
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