Why is the number of active addresses plummeting in BTC and BCH while growing exponentially in BSV? asking for a friend...
Why is the number of active addresses plummeting in BTC and BCH while growing exponentially in BSV? asking for a friend...
Owen Phillips
Ayden Russell
Why did the Pajeet cross the road?
Tyler Cooper
Because his dick was stuck in the chicken
Colton Bell
So nobody knows?
Blake Reyes
If you actually know something, let's hear it.
Adrian Lopez
why is the value of average transaction plunging towards $0 in bsv?
Ryan Martin
There are two types of transactions, a data transaction, or a payment transaction (sending money from one address to another)
What you see here is the overwhelming use of data transactions on BSV which require no real payment amount to be associated with them, just gas costs.
Go learn something
Adam Allen
Machine-to-machine transactions, data storage, processing and computation. BitCoin is a global computer not a meme digital gold
Luis Richardson
It might have to do with Craig Wright insisting on not re-using adresses.
Luke Kelly
the big hodl wave. everyone prepares for the bull
Ayden Richardson
well, maybe the fact that bsv is the real bitcoin and all that matters
Kayden Sanchez
Is Bitcoin Script actually Turing complete or is it just a cope meme?
That's probably the main thing I see holding BSV back from mass adoption because developers will just build on ETH otherwise, everything else seems really impressive though.
Hunter Johnson
You tell me.
>Turing Complete Bitcoin Script White Paper
papers.ssrn.com
>A Proof of Turing Completeness in Bitcoin Script
papers.ssrn.com
>Bitcoin: A Total Turing Machine
papers.ssrn.com
Kayden Reed
Technically ETH is not turing complete and the whole turing complete or not is a huge misdirection, just a meme left over from ETH marketing days. BSV L1 is predicate-based and has not stateful, ETH is stateful
Adrian Turner
No physical computer is turing-complete, it's all a meme. BSV script length is roughly analogous to gas, whose function is to ensure the computation terminates --> it is not turing-complete
Michael Ortiz
The point of a blockchain isn't to run code for you, that isn't where the value prop is. ETH isn't valuable because it's a cloud computer, becuase if taht were the case it would be the most overpriced one in the world. The attractiveness of it is that it's compute is provable and verifiable. So you have to ask yourself, why does it matter that the loop is executed by the ETH miner vs external code tasking the miner? This is the main argument everyone makes around turing completeness. Bitcoin is verifiable, and more importantly scalable as a result of it's design.
Parker Turner
The difference is whether you need oracles to "continue" the computation. ETH is globally / "richly" stateful, BSV only has limited local stateful due to the miracle of the checksig abuse trick.
Matthew Sanders
checksig abuse trick?
Christopher Williams
You aren’t supposed to spend Bitcoin hodl hodl hodl hodl the title of the white paper was clearly wrong
Noah Stewart
>no one is using it. just some bots
thanks for confirmation
Jaxson Hall
Ya, just that useless internet with all it's useless data it transfers back and forth. BTC is like thinking email is the only valuable thing that can be transferred over the internet, and all the other data on the wire is just noise. Thanks for the laughs
Daniel Rogers
>all it's useless data it transfers back and forth
yes, good point.
Ian Edwards
this and 10 minute block times are also stupid
Cooper Adams
10 minute block times create a smaller world network. Having a smaller block time means there can be more nodes viable. Having too many viable nodes would make the network less connected and less efficient.
Ayden Morgan
OMG addresses! Remind me again what it costs to create an address?
Owen Lee
on BTC, about 3 bucks.
on BSV, about .001 cents
Cooper Thompson
Yes, Michael Saylor should've used BSV as the way to secure his $450M in cash.
He coulda bought in on Kucoin or the other unknown chinese site that sells bsv....
The liquidity avail on BSV could've absorbed the full $450M without distorting the price. Now that BSV has 5 or 6 weather bots, its fully ready for industrial adoption.
John Morgan
Ok so we know:
-Satoshi was retard
-Blockstream was right
-Bicoin is SoV
-there is no turing complete computer on the world
-we should run LN+Raspberry Pi node and decentralize the notwork
-Hodl
Christopher Baker
ever heard of bitfinex, the worlds largest real volume exchange?
Hudson Howard
>bitfinex
yes, regulated financial entities will love buying a illegal gaming operators coin on unregulated chinese website.
you're very smart and knowledgeable and clearly have held positions of importance inside large corps.
Jordan Reyes
youtube.com
Imagine for a second that company wanted to gain control of Bitcoin and cripple it, in order to make money developing crappy "second layer" solutions.
Now imagine for a second that this company decided to (soft)fork the original Bitcoin, to remove signatures from the blockchain and keep the blockchain size crippled, to ensure high fees and push users to alternative solutions.
Imagine for a second that satoshi himself had to come out of the shadows to ensure his original bitcoin project survives, to mine on the original chain, and undo the evil company's changes.
Imagine for a second that normies didn't realize which one is the original bitcoin and which one is the foked shitcoin, and pumped the shitcoin to 12k$.
Imagine not exploiting this and buying Bitcoin at 1/100th of its fair market value.
Imagine passing up on the easiest 100x gain in the history of finance.
Imagine being shilled this opportunity on Zig Forums daily and passing up on it like you did Bitcoin, only to fomo in at 3k
Can you imagine?
Isaiah Ross
have you even used bitfinex? its the most serious exchange of them all and its not even close. try getting a verified account there and you will see all the info the demand about you. there is a reason all the whales are there
Colton Carter
I don't know, I'm a sheep and all I can see from my point of view is all the asses of the other sheep marching forward so I just keep marching along with them. Surely the sheep in teh very front knows where he's going though? r-rr-r-right? He's on twitter, he must be smart.