undefined | Better HN

0 pointsrfd4sgmk8u5y ago0 comments

I beg to disagree. No oldschool bitcoiner I know (including myself) takes bcash seriously. I would request that you to name any technical public figure that supports bcash. All that is left in this community is new suckers, and antibitcoin non-technical folks. Segwit DID change in blocksize weighting, with a fee incentive model to use segwit. These false antiblockstream tropes should have died out in 2018, but bcashers keep bringing them up, as they lack the technical nuance to understand how the system works.

There will be another weighting change with taproot, which further scales the network by preventing the need to broadcast tx's containing the full script output. This in turn introduces additional privacy in indistinguishably of script outputs.

Its not too late to preserve your money. Ignore the fork noise, and keep stacking (real) sats.

0 comments

4 comments · 2 top-level

etherael5y ago· 2 in thread

Congratulations, you made me come out of retirement purely to disagree with you. No chain more richly deserves death than BTC and BCH is one of the best chains in existence. I'm prepared to sign this message with a Bitcoin key from 2011 if you doubt the fact I've been active that long.

It's the unfortunate and poorly informed post 2017 split BTC adherents who have no idea what's going on. I watched the entire thing unfold first hand and the BCH camp simply has it correct. The fact that the market is largely completely ignorant of this is one of the most glaring indications of just how irrational it presently is.

Until BTC dies, the entire cryptosphere is little more than a joke. Witness the tone very technically proficient but not "in the cult" people like George Hotz have when they're discussing the block size debate; there's no doubt whatsoever that core is utterly wrong, to the point that any suggestion to the contrary is nothing more than a joke. Deep link to the exact part in a recent interview he addresses this https://youtu.be/_L3gNaAVjQ4?t=2635

swensel5y ago

I would like to support BCH but everyone I talk to who supports Bitcoin Cash comes across as so divisive on this matter. BTC obviously has an important place in the crypto ecosystem. To discount the price growth of BTC and its importance in the overall awareness of crypto to the public seems short sighted. Price does matter. All of these coins can exist.

etherael5y ago

They sound divisive on the matter because for over a decade now they've fruitlessly tried to explain the abject idiocy of backing a takeover attempt by a party whose business model is directly focused around constraining on chain capacity to a uselessly low rate, the lower the better, and the uselessly low rate this attack has managed to constrain it to is barely higher than the throughput of a fax machine. Let that sink in; it's 2021 and gigabit internet in developing countries is not that big a deal for context. Fax machines haven't been "fast" since I was a kid and my hair is white now.

The situation is utterly absurd, and watching it unfold first hand over the last decade has been completely maddening. It is zero wonder at all that everybody subjected to that spectacle is not in good humour about having watched it transpire and the only way people can be surprised by that state is a lack of familiarity with the facts of the matter.

1 more reply

nivexous5y ago

Mike Hearn, Gavin Andreson, Roger Ver, and countless names I interact with on a regular basis support big blocks and were involved since the beginning. Folks, this what BTC does. Eventually the lies runs out.

j / k navigate · click thread line to collapse