But this point is moot. If BSV intends to match the white p…
But this point is moot. If BSV intends to match the white paper exactly, it even says right in there that businesses receiving frequent payments will want to run their own node.
So the BTC argument there seems specious.
https://twetch.app/t/51aaf7fd82075cdab227bb196f650465d3507cda98f3b73ab3ce970fc3e03432
Replies
https://craigwright.net/blog/bitcoin-blockchain-tech/the-great-mining-swindle/
Ok but how does that allow for this line from the SPV in the white paper?
"Businesses that receive frequent payments will probably still want to run their own nodes for more independent security and quicker verification."
@888
https://craigwright.net/blog/bitcoin-blockchain-tech/reversing-illicit-transactions-on-bitcoin-is-simple/
https://craigwright.net/blog/economics/subsidised-growth/
You're linking pretty technical things to a non-thechy so sorry if my questions are lame or already answered.
So he didn't foresee block sizes becoming too unwieldy so that businesses couldn't do this. Then why is it even in the white paper?
I suggest you joining MetaNet.icu & joining the Slack group and you can ask Dr Craig . I have learned a lot there is no better way than straight from the source
the white paper isn't, like, prophecy?? it's just craig's guesses a decade ago about how we might want to structure businesses all the way in the future now.. he's not necessarily wrong, big companies can run nodes if they want, maybe that'll work whatever
Isn't it a bit misleading to say BSV /is/ SV by pointing at the white paper, then say the white paper isn't the vision?
Of BTC and BSV I see BTC is furthest away from the original concept - but this question seems to be /the/ sticking point for BTC peeps.
It's relative. 11 years ago this made a lot more sense. As time goes on the min size of the business that would do this gets bigger as smaller ones use planaria-like APIs, miner APIs, etc as they pop up. At scale it still applies for largest participants.
you have to think for yourself, there's no avoiding that .. the white paper is a VERY CLEAR exposition of the project .. it's not an exact plan for the whole century of economics and politics, just a good plan for a technology
Do you believe the abstract, of making obsolete trusted 3rd parties, is achieved in a mode where increasing CPU demand whittles away the number of independent people/business that could act as a node?
if you want to run a node that only keeps a subset of the data, that's something you can do
just, you can't make NOBODY have the whole set of data :/
you can't make a RULE like "no big blocks b/c i can't handle it!"
just work with whatever works for you