Consensus by tweet. 🤡
The BSV chain has been suffering from repeated reorgs from a party with superior hashrate.

Now thanks to this kind of careful intervention, BSV is additionally suffering from a split network as some nodes artificially reject certain blocks, breaking the consensus rules. 🤡
Different BSV block explorers currently disagree on the last 100+ blocks of history, with TAAL-owned WhatsOnChain and Calvin's miners now following the original TAAL-mined chain even though it has significantly less work.

"Satoshi's Vision." 🤡
Not all of Calvin's miners got the memo it seems, and have been mining on the reorged chain which Calvin's other properties reject. 🤡

archive.is/pUpwh
After realizing they asked people to blacklist the wrong block (the reorg tip rather than the first forked block), they deleted and reposted their consensus edict-by-tweet. Maybe this time! 🤡
This is all just poking fun at their simultaneous lack of decentralization *and* organization. It's not like there's any real risk of splitting the BSV ecosystem long term, since it has only one economic actor. 🤡
Update: another reorg over 80 blocks deep, this time splitting off after block 698,736. TAAL appears to have again blacklisted the reorg chain, but there's no BA tweet this time. How are people supposed to maintain consensus without official tweets?! 🤡
These newer reorgs are disappearing faster from explorers (either being blacklisted or re-reorged); I've given up on tracking them. The BSV chain is still split. TAAL has abandoned Nakamoto consensus and confirmations are currently useless. 🤡

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with WizSec Bitcoin Research

WizSec Bitcoin Research Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @wizsecurity

9 Feb
If you're a MtGox creditor, you should read up on how the rest of the payout process will work (includes a calculator to estimate your claim payout):

blog.wizsec.jp/2021/02/mtgox-…
The next upcoming phase of the process will be a vote on this distribution plan (the civil rehabilitation plan). When the trustee contacts you about this, it is important that you VOTE YES.
The final payouts won't be complete for several more years (thanks CoinLab), but if you are in a hurry, the distribution plan contains an option for you to instead receive most (90%-ish) of your potential payout risk-free and significantly earlier.
Read 4 tweets
31 Jan
@crypto And there it is, the worst take I've ever seen on MtGox. Peter Vessenes has spent a decade trying to scam his way into MtGox, has spent the last few years literally trying to rob MtGox's victims, and you write him a goddamn tribute piece? Delete your account.
@crypto Here, some free fact checks for @mattleising who wrote this journalistic fellatio:

Peter Vessenes never had any "portion" of MtGox; he tried multiple times but both McCaleb and Karpeles rebuffed him.
@crypto @mattleising Vessenes then argued his way into a revenue sharing agreement by promising to provide licensed operations for the US and Canada, but dragged his feet on the actual licenses and instead started pocketing the bank deposits users made through CoinLab.
Read 6 tweets
27 Aug 19
We're still waiting for the full transcript, but Judge Reinhart's order on the Kleiman v Wright case is now available (thread)

courtlistener.com/recap/gov.usco…
From the very beginning the judge makes it clear that he is NOT deciding on whether CSW is Satoshi Nakamoto. CSW and his fans have already repeatedly lied about this since the ruling.
The judge takes CSW's bitcoin ownership claims at face value; those lies now only work to Wright's detriment, and the judge seems content to let Wright lie in the bed he made for himself.
Read 19 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(