@MacaesBruno@MacaesBruno your essay mentions:”The purpose is to make block creation—the process by which new transactions are successively added to the ledger—computationally difficult. In Bitcoin, this consists of solving a completely unpredictable pseudorandom function through trial...”
@MacaesBruno It isn’t just block creation it is the distribution of blocks to other miners that is of equal importance. Check whitepaper.
@MacaesBruno “Whether Nakamoto had these possibilities in mind when he created Bitcoin is open to debate. “ This is not open for debate, Bitcoin script was meant to be used for any demanding usecase (Satoshi’s words)
Bitcoin script is Turing Complete. Your mention that Ethereum expanded on
@MacaesBruno Bitcoin, but the reality is Vitalik created an unscalable more complex version of Bitcoin.
Bitcoin does all, at lower fees. Bitcoin script is far more powerful than people realized. BSV scrypt shows that Bitcoin is capable of doing anything needed as Satoshi told us.
@MacaesBruno Ethereum and BTC are sold respectively as Bitcoin/innovation, the reality is they are resp, a hijack and an unscalable lie.
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#BSV#BITCOIN
If you struggle to understand which Bitcoin is what, check with Satoshi!
Satoshi mentioned that templates can be added in the future for more transaction types! He saw no limitations in blocksize nor in sorts of transactions! bitcointalk.org/index.php?topi…
To Gavin he mentioned that the design had to be locked down!
That lockdown is part of why Bitcoin is decentralised! Nothing in the crypto space today is locked down! BsV will be once they are ready to do so, protecting it’s core design from v0.1!
Satoshi said official version!
So from that point of view BSV is without doubt Bitcoin, the rest is hijacked and being sold as Bitcoin through mass media takeover propaganda and themes like HODL. Driven by greed and tether.
How about future proofing?
Block rewards half, miners drive the security of the
Bitcoin is brought back by Satoshi, it functions as Satoshi envisioned it. It is because Satoshi is Craig Wright!
Decentral (meaning no people exerting power), simple, secure, capable of doing anything, thrives on competition and work!
Miners are the guardians of Bitcoin,
protecting Bitcoin from change. Change is not always good, decentralised protocols can only be decentralised if people can’t enforce their will upon it. If a protocol is easily changed, people in power can easily transform into something they want, BTC is a living example of what
@jxelsson@C_Bendiksen No sir..... whether you believe it can be locked down for the rest of it’s lifetime does not matter, I have given you examples and there are many that show protocols can be untouchable for decades. If and only if there is a requirement for good reason, (better security) it
@jxelsson@C_Bendiksen requires unanymous agreement. Satoshi said it, it is why he designed everything beforehand such that it could be locked down.
Sure you don’t think Satoshi is right, well nobody cares what you think. It was Satoshi’s creation he had an official version, he didn’t want it forked!
@jxelsson@C_Bendiksen And it is true, the protocol can be locked, Bitcoin is not software it is a system, the base layer is money. Money should never change, the transactions should never change, they can’t be touched!
Ie a transaction today needs to be valid in 40 yrs from now.
Those who don’t believe Craig need to assume, Craig emailed Louis Kleiman (father of Dave), to tell him his son Dave was involved in the creation of Bitcoin, because he needed Dave to be part of his story coming out as Satoshi.......
In emails between Kleiman and Craig, Craig offers them 12 million dollars and a share in the company exchange, he also offers help to get to the Bitcoins that Dave may have on his harddisk.
The harddisk are encrypted so they are obviously pissed off they can’t get to it.