Is it really that simple?
Money without banks using Peer to peer tech?
How can it be improved such that it can get as big as Facebook? I mean the fact that you can lose your balance because of a typo should be something someone is working on right? Once it is fool proof so to speak it should sky rocket in value right?
You can lose your USD value to the same typo, user...
btc is peer to miner to peer
only bsv is peer to peer
I hear BSVfags say it does literally everything, even run peer to peer neural-nets. Never once read a word about the mechanisms that might enable that. What gives?
Fuck a typo I go acappella
its all bollocks
>typo
nigger it's literally ctrl+c -> ctrl+v
how is this so hard?
What? In bsv the network is centralized controlled by creg miners instead of user nodes who look at the network. Miners can do whatever they want but in BTC the network is secure thanks to the nodes (miners would fork off if they wanted to change something). On bsv miners can mint new tokens and dump it on exchanges without users knowing first lmao
no. btc network is secure because it has the hashpower honestly participating. nodes especially financial nodes running their own full validating implementation add to this security tho because if miners break bitcoin ruleset their blocks become nonexistent for the network at large. basically in case of a 51% attack where illegal blocks are mined the network would see that no new blocks are found and the miners just split off to an alt only they see.
a network where everyone runs spv and only miners validate don't have this insulation. also spv doesn't work on a network trustlessly that doesn't have the majority of hash participating because it's not byzantine fault tolerant the nakamoto consensuses simply meaningless on a minority hash shitfork.
you may want to read this to see what a node is
satoshi very clearly called all bitcoin clients nodes mining or not mining a few dozen times. he sometimes called them network nodes to distinguish from mining nodes.
Satoshi very clearly outlined how you do not need to run a node to verify transactions in section 5.
Non mining nodes do nothing
Section 8 not 5
nodes are nodes you don't get to redefine terminology existing for 40 years to suit your shitty agenda.
also spv only works as designed if the network is byzantine fault tolerant (which shitcoin sv is not)
>I mean the fact that you can lose your balance because of a typo should be something someone is working on right?
Yes it’s the fault of technology that people make mistakes
>How can it be improved such that it can get as big as Facebook?
look at NANO.
The only chain thats going to get attacked is btc.
Thanks to segwit you only need 15% of the hashpower to do it coin.dance
>The only chain thats going to get attacked is btc.
good luck with that one rofl
also you forget that "15% attack" is theoretical and requires the majority of hashrate to capitulate from enforcing segwit rules. which won't happen. the majority will just reorg the shit out of the attacking miners with contempt.
I wont be taking the risk.
Will be interesting to see which miners invested millions of dollars in a network that cant do more than 144mb a day
YoU CaN bE yOuR oWn BaNk!!11
Sir, there's a Vishnu in the blockchain. Buy Bsv now, many rupees.
You can send money to the wrong persons bank account, hence lose your money by making a typo on their bank details
>I wont be taking the risk.
it's a risk that is inherent in bitcoin consensus algo. if the majority does not reject the attacking miners blocks the entire shit is worthless.
basically if you think the majority of miners are not honest and will break the rules you should be out of crypto altogether.
That's not the situation though. Miners can attack segwit and short it making money without damaging the worth of their mining investment because a competing sha256 with unlimited capacity is there.
That risk doesnt exist in bsv because a transaction requires the payee to recieve a signature
who the hell cares about satoshi and whitepaper anymore and treat it like religion except for creg tryharding to make npc's think he is satoshi and that they need to listen to him?
That's right, no one in their right mind.
No one cares if you want to make 144mb per day digital gold, high fee, turing incomplete, segwit, replace by fee, lightning network. Its not bitcoin though
Is this normanposting?