Discover and read the best of Twitter Threads about #bcash

Most recents (5)

Ok, lets do some calculations on Source routing.

What's the most number of nodes you'll have to check to find a path?
The max you'll have to search is the total that exist. You're not going to check the same one multiple times.

So: If you have a partial mesh where each
/1
/2
node is connected to 10 other nodes, and your shortest path is 20 hops.
The average number of nodes would be (10^20)/2 [On average, you'd only check half the last hop)
So, that means you'd check 100,000,000,000,000,000,000 nodes, right?
*WRONG*
If there are 4 billion nodes
/3
That means, at MOST, you'd check only 4B. You don't check the same ones multiple times.
So, how long would it take a modern computer to process this?
1 Ghz = 1 Billion cycles per second.
So, a Six core 4 GHz processor has 24 BILLION cycles per SECOND.
Read 8 tweets
For ages, I've been trying to have a debate about #BCH "scaling" VS #LightningNetwork with someone technically knowledgeable, intelligent, and articulate.
I've failed in my search to find any #BCH supporter that fits one of those 3 requirements, much less all 3.
All we get are "MORE BABIES ARE DYING"
And
"I have more money than your country!"
"F*** you toddler"
and a host of easily debunked propganda being spread by non-technical, individuals with no subject matter knowledge... (Or worse, they don't even know the meaning of the words.)
So many with "Oh it's an IOU". No... Do you even know what that means?
"It's centralized" No... you clearly don't understand the meaning of centralized.
Etc Etc.
Read 38 tweets
Inspired by @giacomozucco's twitterstorm yesterday, here's some more thoughts on why #bcash is pointless.

Though this has been argued since forever, I've had several irl interactions recently that made me realise BCashers still don't understand these points. #bitcoin <thread>
(First of all, we're ultimately on the same side, main disagreement is on timelines. The ad-hominem name-calling bullshit hasn't helped anyone's cause, and is an easy way to divide and weaken a community that is meant to be strong in numbers. Vires in numeris.)
Technical issues aside, Bitcoin isn't ready to be a payment network yet. "Spend and replace" is a much worse UX than simply paying by card or using PayPal.
Read 9 tweets
THE most corrupt people in #crypto:

@brian_armstrong
@rogerkver
@proffaustus
@JihanWu
@vinnylingham
@el33th4xor

These individuals have no principles.

None of them understand #bitcoin, yet all fight to kill that what gave them wealth and power in the first place.

Shame!
- ignores the community and rejects the importance of #segwit
- likes tweets talking about "bitcoin dethroning"
- owns more $ETH than $BTC
- never says the word "bitcoin" during public campaigns, just "blockchain" or "cryptocurrency"
- he used to sell pipe bombs on the internet, spent time in prison
- spreads lies and fud
- claims bcash is the real bitcoin
- involved in pump and dumps, korean exchanges and insider trading
- tricks users in buying bcash on his site under the name "bitcoin"
Read 10 tweets
THREAD: Ready to get mindblown by #Bitcoin #CORE implementations and progress?

Volunteers around the world gather and cumulate tons of hours from the best minds on this planet about the topic. This is a gift, an invention made to humanity.
Forget about 2nd layer, it's already and way too mainstream as I recently stated.

Yet, welcome now to the "in between layers": "The new layer can be seen as a channel factory"

bitcoinmagazine.com/articles/new-s…
Now Smart contracts.

You tought #Bitcoin was dumb? First and foremost, you were wrong because $BTC has smart contracts *since the inception*: multisign and lately get timelocks (led to LN).

If you didn't know that, admit you're never really been interested in Bitcoin or lured?
Read 35 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!