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BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

blog.bitpay.com

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Re: BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

#221

Post by [deleted] »

Frogolocalypse wrote: post #219
ericb wrote: post #202

Earlier quoted context omitted.

In spite of your condescension, I don't think you understand what a 51% attack is. You are confusing agreement on hard-forks with POW consensus in your defense of why Bitcoin is not vulnerable to a state mandated 51% attack from China. Satoshi's brilliant solution to the Byzantine generals problem of consensus is proof of work, not "nodes decide what code to run" precisely because nodes are vulnerable to sybil attack…

You have no idea what you're talking about.

[deleted]

Re: BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

#222

Post by Nursie »

topmonk wrote: post #217
Bombthecat wrote: post #209

Earlier quoted context omitted.

They came after Satoshi still. God knows what Satoshi thinks about all the stuff going on around bitcoin...

They carried on after Satoshi left. That's a lot different from an outside group trying to do a hostile takeover and steal the bitcoin brand name.

You really see no iony at all in your bizaree claims do you.

I guess I've decided - it's just sad.

Re: BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

#223

Post by dannyw »

makomk wrote: post #186
dannyw wrote: post #90

Earlier quoted context omitted.

2 MB blocks (Bitcoin Classic) don't affect decentralization, if you support SegWit. SegWit blocks can be 4 MB, and that is 4 MB of data that has to be transmitted over the wire and stored unless you weaken your security model. In fact, SegWit negatively affects decentralization because it is much harder to build and maintain your wallet because of all of the complexity of SegWit, pushing people to crowd around existi…

The worst-case performance of validating a block full of SegWit transactions, which is the only way you'll hit 4MB with SegWit, is actually a lot better than the worst-case performance when validating a block full of non-SegWit transactions. The original design of Bitcoin had an unfortunate flaw where the cost of transaction validation could increase quadratically with transaction size. SigWit fixes this to be linear…

Fortunately, the original Bitcoin Classic kept a 1MB transaction size limit, making the worst case scenario 2n instead of n^2.

Re: BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

#224

Post by topmonk »

Nursie wrote: post #222
topmonk wrote: post #217

Earlier quoted context omitted.

They carried on after Satoshi left. That's a lot different from an outside group trying to do a hostile takeover and steal the bitcoin brand name.

You really see no iony at all in your bizaree claims do you. I guess I've decided - it's just sad.

Either you don't want to see my point, or you can't see it, because you haven't said anything to address it. If you have an argument, why don't you say it? This juvenile name calling makes me feel sad for you.

Re: BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

#225

Post by Nursie »

topmonk wrote: post #224
Nursie wrote: post #222

Earlier quoted context omitted.

You really see no iony at all in your bizaree claims do you. I guess I've decided - it's just sad.

Either you don't want to see my point, or you can't see it, because you haven't said anything to address it. If you have an argument, why don't you say it? This juvenile name calling makes me feel sad for you.

I've given my argument - your entire position is ridiculous, given the nature of what you're talking about. It's beyond irony, and whats more it makes you look a petty fool.

I'm sorry you don't see that.

Re: BitPay Will Process Payments on Multiple Blockchains, Starting with Bitcoin Cash

#226

Post by topmonk »

Nursie wrote: post #225
topmonk wrote: post #224

Earlier quoted context omitted.

Either you don't want to see my point, or you can't see it, because you haven't said anything to address it. If you have an argument, why don't you say it? This juvenile name calling makes me feel sad for you.

I've given my argument - your entire position is ridiculous, given the nature of what you're talking about. It's beyond irony, and whats more it makes you look a petty fool. I'm sorry you don't see that.

Again with the insults. Then what is your damn argument? I've stated mine, several times. Please, state yours.

All I can do is guess that you are talking about users not only being inundated with forks, but not even being able to tell one fork from another, or even one coin from another because they all use the same names. And this is all fine for you because of anarchy or something.

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