BSV camp is complaining about a rare race condition. Yet until recently, they kept saying that even the common versions of these race conditions cannot exist because "small world" and "negative gamma."
When Bitcoin ceases to be Bitcoin https://t.co/QrCoedMAXG
I would love to see someone from the ABC camp to actually argue against this piece..
The most fundamental principle of Bitcoin confirmation is proof of work, that is underpinned by proof of investment. By enabling the investment of miners to be sidestepped that fundamental principal is thrown out the window. It is now up to a central authority to decide and once you take that step there is no longer any need for a block chain. A MySQL database will achieve the same result.
This is an ill thought out change executed in an incredibly rushed and reckless manner with almost zero chance it was properly tested. The fact that a new consensus rule can be introduced in such a unilateral manner by a single developer is alarming. What is more alarming is that one developer can throw out the entire foundation of Bitcoin security without opposition. This is the future of ABC coin. In August last year Bitcoin died on the BTC chain with the introduction of Segwit. It survived in the form of Bitcoin Cash until yesterday when it was killed off again by Bitcoin ABC. If Bitcoin SV had not stood it’s ground and preserved the rules of Bitcoin in SV, yesterday would have been the last day Bitcoin existed in this world.
Of course they won't. It's easier to just direct the downvote bots at this thread and hide it from the public view (this is what /r/btc has become, hijacked by ABCore). The biggest difference between Core and ABCore is that with Core it's more than one person that makes the decisions. With ABCore it's just Amaury alone. Even BTC development under Blockstream/Core is more decentralized than BAB development! BU, XT and Classic, stand up to tyranny and delete your BAB compatible clients. Side with SV! Side with Bitcoin!
We welcome critical thought (not to be confused with ad hominem attacks)
In r/btc it is just impossible to discuss SV with a positive mindset, so here comes competition.
It's like r/bitcoin leaking users to r/btc all over again.
More than 700 users in a week in this case, and a huge ratio of active users compared to r/btc
Yes these new changes basically force ABC to be run by centralized decision making. While the fact that he was able to push it through without any questions, or miners voting or anything is further proof their chain is just a centralized shitcoin. Maybe next they will raise the 21 million cap [as some ABC supporters have been advocating](https://old.reddit.com/r/bitcoincashSV/comments/9wnfdj/abc_supporters_in_rbtc_support_raising_the_21/).
What is more alarming is that one developer can throw out the entire foundation of Bitcoin security without opposition. This is the future of ABC coin. In August last year Bitcoin died on the BTC chain with the introduction of Segwit. It survived in the form of Bitcoin Cash until yesterday when it was killed off again by Bitcoin ABC. If Bitcoin SV had not stood it’s ground and preserved the rules of Bitcoin in SV, yesterday would have been the last day Bitcoin existed in this world.
Thanks for everyone who had the guts to resist and preserve the real Bitcoin. The Price of Bitcoin is Eternal Vigilance.
I wrote some early commentary during the halcyon period of bitcointalk and kept a record of a small sample. [SlightlyOffended] (https://slightlyoffended.blogspot.com) The song remains the same. I chose the role of jester as opposed to some clown voicing acerbic tomes. The recent wall'o'text matches the same game play of years past. Vigilance is not the only price, clarity and depth is the true investment of Bitcoin. Most opposition is intentional and well-paid.