How is BSV different from BTC? Why haven't we build twetch …
How is BSV different from BTC? Why haven't we build twetch on BTC?
Replies
BSV is scaled bitcoin. BTC can't handle data on chain or microtransactions (fees are too high and blocks are too small)
Click the timestamp of your twetch to see your data on chain :)
@iusebsv -- he's asking, which means he's trying to learn. It's best for BSV to facilitate learning. We all had to start somewhere.
BTC is the broken version of bitcoin that was taken over by a cult.
Questions like this. Is this orange going to taste like apple? or make apple pie with these oranges?
BSV is built to sustain a micro-transactional economy. BTC is built for holding and not doing shit with.
What would the transaction fees be if this were built on BTC? (Can you even know, or does it change moment to moment?)
That is the most important reason why Twetch can't be done on BTC.
But I'm not sure it really answers everything you're trying to ask.
Matthew more so answered the q. This isn't possible due to restricted block size and extremely large fees. Right now, this transaction (comment) will cost me $0.02 and so will the next 10 today, but on BTC they could cost me between $1-$5 due to congestion
There's also the whole ideology around BTC that uploading data via OP_Return, rather, any data that's not a payment transaction is spam.
Value is subjective to the holder, and I want to a BitCoin available to store whatever it is that I find valuable.
At some point there is no point to care what they think.
A group of people hijacked BTC a few years back. Their aim is to pursue the pyramid scheme known as HODL or Digital Gold.
Digital signatures and scaling were major obstacles to it.
You can't build shit on BTC.
BTC left the Bitcoin Satoshi designed. You can't even have SPV on BTC let alone micropayments or onchain data.
BSV is restoring Bitcoin to its original idea.
Because Twetch requires tiny fee and scalable millions of activities per day for it to succeed