Discover and read the best of Twitter Threads about #bcash

Most recents (8)

‼️#BCH /#bcash was hit by 51% attack from just 2 miners, BTC.TOP & BTC.com
- & no one seems to be talking about it. 🤨

Thread 👇🏻

1/ What I've gathered from loose details:
First, there was an unintentional split with the recent #BCH "upgrade."
2/
Since the original split in 2017, there has been a significant number of coins accidentally sent to "anyone can spend" addresses (due to tx compatibility of sigs, but no #SegWit on #BCH), or possibly they've been replayed from #Bitcoin onto the #BCH network.
3/
Because of this, tons of coins (#BCH) would essentially be "up for grabs." However, devs implemented a protocol rule called CLEANSTACK, making P2SH coins unspendable.

This was to be removed with May 15 fork, basically handing the coins to miners.
github.com/bitcoincashorg…
Read 15 tweets
@PeterRizun I use the software my self. I run c-lighting and spark wallet. It is hard to believe that you couldn't send 0.00019 btc. I sent money to Venezuela the other day and more than you are trying to send. And I am just a noob and you are chief scientist of a pre mined scam.
@PeterRizun And my node is a very basic node that I use to follow the development of this project that is still in alpha stage.
I rather verify to trust to others where I put my money or investment,
@PeterRizun @PeterRizun
I already replied twice to your tweets but you keep deleting them, since you mess with twitter logins and used a sockpuppet account.

If you are trying to be serious on a subject behave accordingly.
Read 6 tweets
I suggest all $BCH, $BAB and $BSV supporters to read what Satoshi actually had to say instead of clinging onto the whitepaper and trying to force their own interpretation as 'the real #Bitcoin'. Small thread about why people should avoid toxic people like @rogerkver and CSW [1/5]
They have opposed #SegWit from the start while Satoshi was very clear about supporting every possible transaction type he could think of and exploring new transaction types in the future. [2/5]
They also claim that @bitcoincoreorg / @Blockstream have centralized the development of $BTC and that #Bcash is more decentralized due to several implementations being available. Satoshi opposed to having more than 1 implementation for obvious technical reasons. [3/5]
Read 5 tweets
The only thing that makes the #bcash #bch drama exciting how centralized it is around a few key players, like Bitmain and their 1mil bch bags.

They'll do anything to pump those bags, but it's not real.
The most valuable #bcash fork would be the one that doesn't change, since long term value comes from long term confidence, not short term feature improvements.

The sum of the two *new networks*, rogercash + SVcash < original #bcash network.
Holding both forks is objectively worse than dumping the loser and buying the winner. And since it's so centralized, it should be easy to predict the winner.

Idiots thinking they'll double the total value by holding, will get relatively rekt.
Read 3 tweets
Ok, lets do some calculations on Source routing.

What's the most number of nodes you'll have to check to find a path?
The max you'll have to search is the total that exist. You're not going to check the same one multiple times.

So: If you have a partial mesh where each
/1
/2
node is connected to 10 other nodes, and your shortest path is 20 hops.
The average number of nodes would be (10^20)/2 [On average, you'd only check half the last hop)
So, that means you'd check 100,000,000,000,000,000,000 nodes, right?
*WRONG*
If there are 4 billion nodes
/3
That means, at MOST, you'd check only 4B. You don't check the same ones multiple times.
So, how long would it take a modern computer to process this?
1 Ghz = 1 Billion cycles per second.
So, a Six core 4 GHz processor has 24 BILLION cycles per SECOND.
Read 8 tweets
For ages, I've been trying to have a debate about #BCH "scaling" VS #LightningNetwork with someone technically knowledgeable, intelligent, and articulate.
I've failed in my search to find any #BCH supporter that fits one of those 3 requirements, much less all 3.
All we get are "MORE BABIES ARE DYING"
And
"I have more money than your country!"
"F*** you toddler"
and a host of easily debunked propganda being spread by non-technical, individuals with no subject matter knowledge... (Or worse, they don't even know the meaning of the words.)
So many with "Oh it's an IOU". No... Do you even know what that means?
"It's centralized" No... you clearly don't understand the meaning of centralized.
Etc Etc.
Read 38 tweets
THE most corrupt people in #crypto:

@brian_armstrong
@rogerkver
@proffaustus
@JihanWu
@vinnylingham
@el33th4xor

These individuals have no principles.

None of them understand #bitcoin, yet all fight to kill that what gave them wealth and power in the first place.

Shame!
- ignores the community and rejects the importance of #segwit
- likes tweets talking about "bitcoin dethroning"
- owns more $ETH than $BTC
- never says the word "bitcoin" during public campaigns, just "blockchain" or "cryptocurrency"
- he used to sell pipe bombs on the internet, spent time in prison
- spreads lies and fud
- claims bcash is the real bitcoin
- involved in pump and dumps, korean exchanges and insider trading
- tricks users in buying bcash on his site under the name "bitcoin"
Read 10 tweets
THREAD: Ready to get mindblown by #Bitcoin #CORE implementations and progress?

Volunteers around the world gather and cumulate tons of hours from the best minds on this planet about the topic. This is a gift, an invention made to humanity.
Forget about 2nd layer, it's already and way too mainstream as I recently stated.

Yet, welcome now to the "in between layers": "The new layer can be seen as a channel factory"

bitcoinmagazine.com/articles/new-s…
Now Smart contracts.

You tought #Bitcoin was dumb? First and foremost, you were wrong because $BTC has smart contracts *since the inception*: multisign and lately get timelocks (led to LN).

If you didn't know that, admit you're never really been interested in Bitcoin or lured?
Read 35 tweets

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