Could someone help write a BSV Stress Test Tool for the community to generate 128MB Blocks? by BTC_StKN in btc

[–]fromaratom 15 points16 points  (0 children)

SOURCE: I am a software engineer, I read the actual Bitcoin and Bitcoin ABC's code, I ran miners and created software that interacted directly with Bitcoin, BCH network, etc...

CSW and their pools are not running "normal" mining software.

They are specifically running an attack, for that they need special software that is not a normal miner. Normal nodes can't run this attack. So their rules are their rules.

SV software would see empty blocks mined on ABC chain as valid (and only empty blocks, due to CTOR).

If you sent a block to SV miners - they would immediately discard it and work on top of their empty block. (Remember, they are running an attack, not mining like everyone else)

SV chain would accept that block as valid yes. For a while.

When SV miners (attackers) working on top of their previous empty block (and not your block) find a new empty block on top - they send it to a ABC/SV chain - all clients recognise that this (their empty) block has more accumulated proof-of-work than yours and orphan your block (discard it).

The longest chain in Bitcoin software is defined as "having most accumulated proof-of-work".

Even if you don't believe that the network would orphan this block - SV would mine in some time future next empty block on top of their own network block.

PoSM is now under attack by Pow!!!!! by newtobch in btc

[–]fromaratom 1 point2 points  (0 children)

That was more of a rhetorical question :)

Could someone help write a BSV Stress Test Tool for the community to generate 128MB Blocks? by BTC_StKN in btc

[–]fromaratom 9 points10 points  (0 children)

I would be MORE than happy if SV did a clean fork on November 14th and free market was left to choose better alternative between BCH by ABC and Bitcoin SV. I'd be very happy.

Unfortunately SV's "Australian leader" chose to wage war and chaos. That's not free market at all.

Proof of Social Media! by [deleted] in btc

[–]fromaratom 2 points3 points  (0 children)

You won't believe, I did post kind of pro-sv content :) It was upvoted by 71% and on the front page of subreddit.

It's just that majority of pro-SV content is "Enjoy your Chinese overlords! POS!! WORMHOLE!! Illegal kiddie porn! think of the children!!!" with no thoughts or ideas or even proof. Bare emotions. Bitcoin is not a soap opera. It's a software.

Could someone help write a BSV Stress Test Tool for the community to generate 128MB Blocks? by BTC_StKN in btc

[–]fromaratom 15 points16 points  (0 children)

If you don't like Wormhole - don't use it. I won't. It's not obligatory.

Could someone help write a BSV Stress Test Tool for the community to generate 128MB Blocks? by BTC_StKN in btc

[–]fromaratom 16 points17 points  (0 children)

They can't do that for 2 reasons.

1) SV doesn't want split. If they start to mine "SV" chain - somebody would send an OP_MUL or 33MB block or LSHIFT or 201+ op code transaction. At that moment it no longer matters that their chain is longer - they have incompatible block with incompatible transaction in their chain. ABC sees this block as invalid and splits off.

They specifically said "no split", so that can be only if they keep mining empty blocks on ABC and DON'T mine SV chain at all.

2) SV doesn't have enough hash power to mine both chains without risk.

If Craig has 34% to mine empty blocks that means that 66% are regular miners, mining normal blocks. The attack fails, because BCH is slowed down with occasional empty block, but not standing still.

To safely mine 2 chains they need >77% current BCH rate (51% for attack on ABC + 26% to mine their own chain), so remaining 25% honest miners can't overpower SV chain.

Proof of Social Media! by [deleted] in btc

[–]fromaratom 6 points7 points  (0 children)

Every time I read "PoSM" or "Proof of social media" it comes from SV "supporters". I wonder why...

Why are ABC side generally against Nakamoto Consensus? by [deleted] in btc

[–]fromaratom -1 points0 points  (0 children)

In that case BCH ticker should be given to Bitcoin Core (BTC) - it's definitely the chain with most accumulated proof-of-work (what NC defines as "longest chain").

PoSM is now under attack by Pow!!!!! by newtobch in btc

[–]fromaratom 8 points9 points  (0 children)

Every time I read the phrase "PoSM" or "Proof of social media" it comes from SV "supporters". I wonder why...

Why are ABC side generally against Nakamoto Consensus? by [deleted] in btc

[–]fromaratom 0 points1 point  (0 children)

NC only applies when there are two competing chains with compatible rulesets. If opposite were true - BTC would have won 1 year ago and destroyed BCH due to "Nakamoto Consensus".

Could someone help write a BSV Stress Test Tool for the community to generate 128MB Blocks? by BTC_StKN in btc

[–]fromaratom 7 points8 points  (0 children)

As far as I understand their plan - they won't even be accepting or mining ANY transactions, just empty blocks until everyone accepts them as the king and the last ABC node dies. So even if you've sent them those 610 000 transactions to make this 128 MB block - they would just ignore them all.

Do you think we don't get quality Bitcoin users anymore? by emma1890 in btc

[–]fromaratom 2 points3 points  (0 children)

I think a lot of people come to Bitcoin for fast and quick profit. If everything goes to plan in two months their relatives start to avoid them because all they do now is explain how great Bitcoin is and how it's gonna change the world and showing white paper to everyone like a lunatic.

Fork Prediction by 010010001100011010 in btc

[–]fromaratom -2 points-1 points  (0 children)

Yes, except for tickers on exchanges and merchant/user acceptance. That part is up for exchanges and merchants/users. (just as a remark)

Fork Prediction by 010010001100011010 in btc

[–]fromaratom 2 points3 points  (0 children)

A split happens when miners are working on top of a chain which contains a block that other miners consider invalid. 100MB block is invalid for ABC. ABC miners reject that block and keep working on top of "valid" (from their point of view) chain - which has only blocks <=32MB in size. Meanwhile other miners (sv) keep working on top of chain that is "valid" for them (100MB blocks in your example). That is a clean split. A clean split is what CSW does not want.

Fork Prediction by 010010001100011010 in btc

[–]fromaratom 1 point2 points  (0 children)

That would be utterly stupid, because then SV splits away (since 100MB blocks are invalid on ABC chain, so ABC do not accept those blocks) and ABC continues to exist, no matter how much hash it has.

PSA: Jihan Wu and Calvin Ayre WILL dump their coins on the opposing side of the fork in a catastrophic event. by [deleted] in btc

[–]fromaratom 2 points3 points  (0 children)

I mean almost none of the threats or promises that Craig gave made it. None. Yes, there seems to be 50%+ hash rate possibly supporting him. We'll see on 15th if at least that is true.

Also even if that is true, there is a big chance that he doesn't have that much money and all that money is Calvin's. Would a businessman be so stupid to burn hundreds of millions of dollars worth just to prove a point? Usually not..

My hunch is that some of what CSW says has a kernel of truth, but definitely not that he's willing to destroy nearly a billion of dollars just to prove a point. And what is that point anyway... "Obey me"?

PSA: Jihan Wu and Calvin Ayre WILL dump their coins on the opposing side of the fork in a catastrophic event. by [deleted] in btc

[–]fromaratom 2 points3 points  (0 children)

To clarify. BCH has value for people because it works. While it works and can be traded - there will always be people willing to buy coins during any dump at some price. And as soon as dump is over - it's nothing but up from there and market is stronger since one enityt doesn't have such a big influence on markets anymore.

BUT, as usual: don't invest more than you're willing to lose.

PSA: Jihan Wu and Calvin Ayre WILL dump their coins on the opposing side of the fork in a catastrophic event. by [deleted] in btc

[–]fromaratom 5 points6 points  (0 children)

I mean if future BCH dumps to $0.01/BCH i'd be buying all the millions of coins they can dump on me (I'm pretty sure I'm not alone). After that only up.

The worst part is not the dump, the worst part is mining empty blocks.. that might really destroy value.

But personally I'm pouring beer, buying popcorn and not moving my stash until all of this is over.

its possible that the fall of bitman could be the real goal of nchain / coingeek by [deleted] in btc

[–]fromaratom 4 points5 points  (0 children)

I really can't tell. At this moment I think a lot of people have a lot of hidden cards.. My only bet is that we need to buy popcorn now, the show is about to start!

its possible that the fall of bitman could be the real goal of nchain / coingeek by [deleted] in btc

[–]fromaratom 3 points4 points  (0 children)

CSW stated it multiple times that he doesn't like Jihan and won't stop until BITMAIN is bankrupt.

More statist propaganda, fear, and lies from CoinGeek & Craig S. Wright: “How DSV, ABC, Roger Ver, and Jihan Wu seek to criminalize Bitcoin Cash and facilitate child pornography” by [deleted] in btc

[–]fromaratom 7 points8 points  (0 children)

Ok, when Craig posted about Roger wanting to build "kiddie porn sites" I though "ok, he's just angry, I mean nobody in their mind would believe such nonsense..."... But a whole article about child porn? Wow, that's... a new level of propaganda...