1KxB4XcqUQtPGXhgdRzQKgQUXyV4SHjVJK ·
My favorite part of the white paper is where it calls Bitcoin "A Peer-to-Peer Electronic Cash System." Yet, everyday I hear about how it's "digital gold" & "not meant to be cash."
It takes 2 minutes to read the WP that proves BTC is not Bitcoin anymore.
Replies
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
except for the part at the end, which fits teh description of BTC only, and not bsv (without a redefinition of 'honest node')
and then there is the part about difficulty targeting, which fits BTC, (and not BSV or BCH)
1KFTq3LLGBnAW8S2R7GFDvqGLkYydgZSiH ·
Of the 3 coins, BSV can claim to be the closest to the WP. Both forks were to direct the chain in the direction consistent with the original design. Is the difficulty logic not back to the original concept though?
1E5wYaMr6BYL3qHSZQ3sPqaQHvaCVoYcfh (678) ·
Despite restoring the protocol to the original design, BSV cannot in good faith called the closest to the whitepaper.
No fork is but BTC is the closest.
1KFTq3LLGBnAW8S2R7GFDvqGLkYydgZSiH ·
If you were to break the WP up into N statements and compare the 3 chains against each statement, BTC would win? I would say that BTC developers have instituted code that diverges the chain away from the WP so even with the most POW it is something else.
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
whatever it is that BTC can be defined as or has done, does not somehow cause BSV to follow the whitepaper.
in order for BSV to follow the whitepaper, it needs to have not hacked the difficulty adjustment and it needs to be the most worked chain
1E5wYaMr6BYL3qHSZQ3sPqaQHvaCVoYcfh (678) ·
this
1Jvg1Ggqo564iuyaLE1RqEdGetwqzNCC1L (116) ·
I like that two of the most rational people in BSV are frogs and meme artists
1EzXMDpxp3cYvHGUBZ9sF7BHStRVxayKaw (6218) ·
thank you brother
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
not, and it cannot feasibly be brought back until the baseless claims that 'bsv has already won' become a reality in transaction volume and miner revenue
1E5wYaMr6BYL3qHSZQ3sPqaQHvaCVoYcfh (678) ·
ok may I ask what for you is the most crucial element of bitcoin? and which chain supports that?
1KFTq3LLGBnAW8S2R7GFDvqGLkYydgZSiH ·
The claim I hear the loudest is the chain of signatures. BTC broke that with segwit. I guess for me it is the lack of additions to the protocol though. I don’t have a deep enough knowledge to pick a single element as most important.