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people need to pay attention to a detail. BitcoinSV is not Bitcoin as people know it and it is misleading. This is a super cool project but being clear should b

people need to pay attention to a detail. BitcoinSV is not Bitcoin as people know it and it is misleading. This is a super cool project but being clear should be a priority in something that has the theme of trust and decentralisation

onesatoshi 7y ago
Of course BitcoinSV is Bitcoin. It's just not how you see Bitcoin. Some see Bitcoin exactly as shown here. A new way of thinking about our internet. One where money is embedded in the protocol. Don't get misguided thinking that the more people validate your transactions, the more secure the network is. Decentralisation is not a matter of how many validator nodes the network has. Decentralisation truly exists where/when no single entity can control the protocol, including developers! Attacking Bitcoin is an economically unwise move, as long as miners are getting more rewards in mining than they would in attacking. This is where projects like Bottle really showcase the true destiny of Bitcoin. It's almost like the internet that ARPANET would like to have built :D This might take years (10-20 ? who knows) to fully catch on, and other Bitcoins will exist in the meantime of course. But if you think about it, eventually they will just be rendered useless, as any good first prototype of a new technology is. Very important, uncharted grounds, but once matured, the prototypes are just that. Museum pieces.
- chachachoney 7y ago
  Bitcoin SV is a scam, chiefly promoted by a con-artist who has attempted to use libel suits to silence legitimate critics and whose academic papers read like chatbot plagiarism. It's not bitcoin, and it's not what anyone outside of the SV cult thinks of when they hear the term bitcoin.
onion-soup 7y ago
Wrong. Bitcoin SV follows the whitepaper the most
- ghostpepper 7y ago
  The OP's comment was that bitcoin SV is not the bitcoin that most people know as bitcoin, which is true: of all the people who even know what bitcoin is, 99% of them think of BTC as bitcoin. OP said nothing about how closely it follows the whitepaper.
  - jurassic12 7y ago
    >bitcoin SV is not the bitcoin that most people know as bitcoin Most people cant see the difference between bitcoin and an altcoin (i.e. Ethereum) transaction. Most people haven't read the whitepaper and havent figured out the technological and economic model of bitcoin protocol ,independently of which implementation we talking about being it BTC , BCH or BSV. The main protocol is there it follows the whitepaper , p2p cash that can be global money BTC cant be global money. BTC main selling point is being mined in a decentralized way and the brand name , its utility as money has disappeared in 2017.
  - mrsnuffy 7y ago
    >99% of them think of BTC as bitcoin They do ... it's going to be very interesting when more people start to figure out that their BTC coins are not very useful bitcoins.

onesatoshi 7y ago

Of course BitcoinSV is Bitcoin. It's just not how you see Bitcoin. Some see Bitcoin exactly as shown here. A new way of thinking about our internet. One where money is embedded in the protocol. Don't get misguided thinking that the more people validate your transactions, the more secure the network is. Decentralisation is not a matter of how many validator nodes the network has. Decentralisation truly exists where/when no single entity can control the protocol, including developers! Attacking Bitcoin is an economically unwise move, as long as miners are getting more rewards in mining than they would in attacking. This is where projects like Bottle really showcase the true destiny of Bitcoin. It's almost like the internet that ARPANET would like to have built :D This might take years (10-20 ? who knows) to fully catch on, and other Bitcoins will exist in the meantime of course. But if you think about it, eventually they will just be rendered useless, as any good first prototype of a new technology is. Very important, uncharted grounds, but once matured, the prototypes are just that. Museum pieces.

chachachoney 7y ago
Bitcoin SV is a scam, chiefly promoted by a con-artist who has attempted to use libel suits to silence legitimate critics and whose academic papers read like chatbot plagiarism. It's not bitcoin, and it's not what anyone outside of the SV cult thinks of when they hear the term bitcoin.

onion-soup 7y ago

Wrong. Bitcoin SV follows the whitepaper the most

ghostpepper 7y ago
The OP's comment was that bitcoin SV is not the bitcoin that most people know as bitcoin, which is true: of all the people who even know what bitcoin is, 99% of them think of BTC as bitcoin. OP said nothing about how closely it follows the whitepaper.
- jurassic12 7y ago
  >bitcoin SV is not the bitcoin that most people know as bitcoin Most people cant see the difference between bitcoin and an altcoin (i.e. Ethereum) transaction. Most people haven't read the whitepaper and havent figured out the technological and economic model of bitcoin protocol ,independently of which implementation we talking about being it BTC , BCH or BSV. The main protocol is there it follows the whitepaper , p2p cash that can be global money BTC cant be global money. BTC main selling point is being mined in a decentralized way and the brand name , its utility as money has disappeared in 2017.
- mrsnuffy 7y ago
  >99% of them think of BTC as bitcoin They do ... it's going to be very interesting when more people start to figure out that their BTC coins are not very useful bitcoins.