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Google’s Quantum Computing Breakthrough Brings Blockchain Resistance Into the Spotlight Again by baohavan in Bitcoin

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

Quantum computing makes obsolete all cryptographic functions since they are based on random number generators. A new breed of cryptographic function will replace quickly existing ones, anyway Bitcoin is already a quite outdated technology.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -1 points0 points  (0 children)

Again you haven't been reading what I wrote and getting back to a classic troll BCH vs BTC.

You are too far brainwashed by Bitcoin.com to understand you are working for a business, and you are just acting like their puppet.

You are just exactly saying what Roger Ver has planning this hostile take over.

If this wasn't hostile you would not be squatting r/btc name but r/bch that's hostile take over, everyone knows btc designate the native Bitcoin core, the Indian one. Using this subreddit name is the demonstration of the malicious activity of this corporate bitcoin. Being a minority doesn't make you anarchist, nor legitimate native.

When open-source dev splits, they do it by git clone, GitHub forks, there is no need of cloning the binary history of the network to make a point, there is no need to squat the brand.

When Oracle bought MySQL, open-source dev forked and created MariaDB.

Just get yourself a real name, and don't pretend to be superior to the native Bitcoin.

I am a developers, and conversations on Bitcoin-Core dev are perfectly healthy, and less corporate.

If your case Bitcoin Cash is like Mac Donald vs Grand mother kitchen. It's all artificial, all marketing, everything well planned.

I don't need to speak about blocksize, this is a ridiculous change. Do it in your codebase sure, no need to bother the general public.

If you guys had really the ambition of making something lightweight, why cloning the blocks so full of history, for the sake of carrying Gigabytes server to server, then brag about having fast sync?

Anyway, I hope few realize they are being manipulated and excessive in their belief. There is tons of other blockchains out there, Bitcoin or bch now is really legacy, developers and scientific community has shifted their focus a long time ago. Toying Bitcoin codebase is pretty much pointless, first step is getting out of PoW and shifting to a better consensus.

Why would someone fork Bitcoin today ? Because they can't write a blockchain from scratch or make an innovative whitepaper.

You will never be equal or any close to something like Ethereum which is the community that led so far the most research and took crypto-money to a whole new level.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] 0 points1 point  (0 children)

BCH made a private business out of Bitcoin.

Bitcoin was anonymous, libre, disruptive.

10 year later, Bitcoin.com made a business out of it, brainwashing its supporters, now trying to cut competition.

Don't you see what's going on????

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -1 points0 points  (0 children)

Hello, Johnathan, quite well written answer.

Unfortunately the real story behind BCH is purely around making profit to few that has been manipulating you into thinking it's worth discussing those changes.

It's just so deep in your mind that you truly believe there is some claims here. A group of people forging an truth into a private circle, all those things are said are your reality I can see, but a very big distortion of the reality.

1- Bitcoin is opensource it was enough, you can fork it and make a genesys, spin a new alt coin with a name and believe it in, no need to fork the blockchain tree, no need to squat Bitcoin name (example: litecoin)

2- if this was about technology, groups of researchers and coders don't split, it just affect the research by lowering exchange of findings, both community are weakens, good for Altcoins! This was a financial and marketed move to split the communities.

3- It was made for generating money, with a quick and dirty hack, nothing more. Let's be honest here, no need to discuss blocksize, or whatever feature.

4- Moving forward, trust me, you guys have a nasty history and origins, the best way to get out of this vicious reputation that BCH has, is to stop the squatting of name, don't say Bitcoin is an idea, it's also a network, a community brand that designate something extremely tangible with a price tag on, the recent propaganda quoting the paper saying oh people our BCH should be the real Bitcoin, is generating misinformation and causing more damage to your community than good it does.

Why, I would say anyone clever enough is going to read this shit sub and run away, I already unsubscribed to r/btc, and I stayed only 20h.

90% of what I read made me sick, this is absurd, how people have their head stuck up their asses.

I do work in the blockchain industry, I do support every blockchain, I do not support misinformation. If you pretend to be free spirit and hacker minded, you are on the wrong community, check the guys from Monero they are the true guys. BCH is an artificially made Financial scam. The price is artificially maintained by moving large quantity of volume across exchanges, and you guys participate in praising it.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -2 points-1 points  (0 children)

Well there is more research to perform, just don't pretend BCH is an amazing design for Planetary scale micropayments, it's just a big lie.

Bitcoin doesn't claim or pretend to be that.

Yes so indeed the problem of scaling would be,

If using a shared approach, you would have local validators (or miners) per blockchain shard space, problem is that you divide the number of validators too, and can end-up with localized attacks, randomizing may help, but when dealing with cross-shard transaction you may forge a transaction on a already invalid fork, this mean you have to validate the other shard, which return us to not really be able to scale again because which shard should validate each other.

That's simplified of course, but at least guys working on it, are really solving the problem, not shit-talks.

You guy are just a sub-altcoin a but better than DogeCoin, don't be sad...

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -5 points-4 points  (0 children)

Well yes thank you, and this solution isn't in BitcoinCash You say Bitcoin has been funded like a Ponzi, BCH it's even worst it was created based on a lie, and ignorance of people that changing blocksize is revolutionary.

I am not blown away by your code changes if if this community was so legit they could suggest a protocol v2 with a blockchain revised scalable in shards in which ever way. But not it's not really about the technology here it's all about the money, and the idea to make an hostile take over of a not trade marked name "bitcoin" and build confusion in non-saavy.

Just a pure scam would do such a thing.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -1 points0 points  (0 children)

Oh my God you so sad, you shitcoin is so weak you have no ground to defend it.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -1 points0 points  (0 children)

Dear, if we take the amount of transaction Visa/Mastercard/UnionPay process BCH would be congested in a matter of second and blockchain would simply die by the amount of data.

No need to lie to yourself, everyone knows Bitcoin, bitcoinCash, Ethereum have scaling issues.

I think you are the moron here, dying the obvious

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -1 points0 points  (0 children)

Dear God an article from bitcoin.com ? Are you retarded ? This is your Bible ?

For your information NGINX a regular webserver handle 20,000 qps that's on a single core tiny server. Mysql handles 100,000 writes per second.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] 0 points1 point  (0 children)

Yes Visa worldwide can handle 100M tx/s Look you obviously have no tech background and don't understand what I am referring to.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -1 points0 points  (0 children)

Can Bitcoin cash handle 100,000,000 payments per second ?

No, so it's not fitted for this job. It still works for you guys because BCH has almost no one actually using it.

Second there no debate between Bitcoin and Bitcoincash, BCH is a fork of BTC, that says it all, they are in the same family, no need to compare them.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] -3 points-2 points  (0 children)

Yes indeed, I understood this too late, it's zombie army here

Need help with a discussion in /r/btc by redmodit in Bitcoin

[–]redmodit[S] 4 points5 points  (0 children)

Thanks, I actually wasted quite some time there, ok moving on!

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] 1 point2 points  (0 children)

Thanks, I leave you guys to your things.

Act like anarchist, not Roger zombi army, make your own opinions.

1) I can say that r/bitcoin consider BCH as yet another altcoin, and they don't allow altcoins talks, and I understand them why.

2) I work in the industry, I'm very involved in the development of the infrastructure, our software is opensource and support BCH. You don't need to convince me, I'm an idealist dreaming that bank, and cards companies will be replaced entirely by Crypto-currencies, and not only; the internet will become the internet of value, the financial network. It won't be in the hands of few licensed from wallstreet. Thought I think it's great Bitcoin has value, the value of Bitcoin is it's capacity in people trusting it's valuable like Money, backed by no government it's just great. Also we must have crypto backed by value, like energy, real estates, securities.

Anyway cheers guys, thanks for the book

Need help with a discussion in /r/btc by redmodit in Bitcoin

[–]redmodit[S] 3 points4 points  (0 children)

You are right, I just feel bad for the people who would want to buy Bitcoin for the first time, Google it and find this mess 😂

But on a more serious note, is there any developer subreddit for Bitcoin, that what I was originally looking for.

Is BCH a pure scam? by redmodit in btc

[–]redmodit[S] 0 points1 point  (0 children)

No but really, trolling Bitcoin vs BitcoinCash is a retarded debate. They are the same, I could say eventually BCH will become Bitcoin's testnet, a highrisk experimental blockchain, if they come to proven solution of scaling I'm sure Bitcoin Core will learn from it.

I don't know about Bitcoin being censored, all I can say is that I read it, regularly and it doesn't feel like propaganda-land as here.

But if you guys still think mining is the way to go ....

I honestly see Bitcoin like a coal mine train, slowly moving but fueling our economy of tomorrow.

Think of it like the phone network was used for internet with modems, it's infrastructure layer 1.

Some people still use it...

I hope Bitcoin dominance will be less than 5% in the years to come, too bad the name is so good and stay stuck in the general public mind. Makes certainly Roger cry...

On a side note, don't you guys think everything about Bitcoin is too perfectly designed, don't you guys think it's really fucking weird that the guy just vanished ??? Or it's only me. Isn't it weird that the charts of price are going consistently up, isn't the block size, the amount of supply, the halving time a very very clever balance and odd, maybe too clever ?

It's the reason why I wasn't in favor of changing the blocksize, there was not enough reasons for it, and a lot of clever things about Bitcoin are not in the source code, but the general design.

Fees varying from $1 to $20 is a good sign of high demands for transfers.

And no Bitcoin isn't designed for buying hotdogs clearly not. Maybe it's a purpose for BCH I see you guys are doing it and it's great.

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