why does it take 3 years and 5k to transfer 20$ on eth whil…

Twetch ·

why does it take 3 years and 5k to transfer 20$ on eth while bsv is instant?

Replies

Twetch ·

competition (auction format to pay for speed) where there is limited block space

like scalpers with 2 front row seats at concert, tickets go to the highest bidder

don't wanna pay more, you (your tx) gets to wait

This is y BSV has unbounded block size.

Twetch ·

short answer the eth guys are retarded

Twetch ·

Don’t get me started

Twetch ·

The simps are are outbidding each other to get those thirsty Lindsay Lohan NFTs 😉

Twetch ·

Clogged transaction. Eth cant process as many transactions per second as BSV.

Twetch ·

following up on barfor..
Bitcoin BSV original scalable design-
unbounded block size leads to competitive transaction market.
The BSV fee now is less than 1/10th of a penny. Even if the world is using BSV, fee is still about the same.
competition = freedom

Twetch ·

Inelastic supply of block space on these other chains-
On BTC, this is artificial. That's our most basic gripe with BTC.
The problem on ETH is more deeply rooted. It's a consequence of a retrogressive redesign of Bitcoin.

Twetch ·

Vitalik botched it.

Twetch ·

Because Ethereum is broken on a technical level. And ‘L2 scaling’ won’t help it.

Satoshi solved this issue a decade ago.

Twetch ·

Because, ETH 3.0

Twetch ·

Because ETH doesn’t scale. Here’s the founder of ETH back in 2014:

Twetch ·

💎👐 sell never

Twetch ·

Because it doesn't scale. A small load of transactions brings it to its scaling ceiling and triggers pay to win competitions for transactions to be included in the next block.
TL;DR - Because Ethereum is a toy for some kids

Twetch ·

Oh THAT is rich. Didn't age well at all. 😂

Twetch ·

It’s just too perfect, such is life. 😂

Twetch ·

You are asking the right questions. Once you start to understand the answer to that question and the history of Bitcoin, you will see why BSV is the genuine bitcoin and why it has the potential to revolutionize the world.