From this thread
WOW $44 million sent securely for less than a penny. BitcoinCash BCH is open source money. link
Core Maxi: == u/diradder
BCH bagholder: == your humble servant
Core Maxi: It currently has 22 confirmation.
Mathematically it still needs ~700 confirmations (about 5 days) before you can consider it as "securely" received (immutable) as a Bitcoin transactions with 6 confirmations (which takes ~ 1 hour)... (source, mathematical explanation).
BCH bagholder: Q How much hash power would it take so that my node no longer recognises that transaction once it has more than 10 confirmations?
Core Maxi: I think you should check the link above with the explanation before so triumphantly and wrongly pretending BCH is secure.
BCH bagholder: A: (for those that might not know) There isn't enough hash power on earth. Now or Ever1
Core Maxi: This is wrong.
BCH bagholder: You should probably read + understand the Qestion I posed a bit better before you start throwing around words like wrongly, heh heh.
After 10 blocks have been mined on top of Block A my node will no longer (without human intervention) accept any chain that doesn't contain Block A regardless of hash power. (aside - Block A is the block that contains the $44 Million tx)
Core Maxi: Oh yeah, because BCH is just a bastardized chain pretending to care about Proof-of-Work but instead relying on 10-blocks rolling-checkpoints, I always forget this point, if you see what I mean... thanks for pointing this out ;)
BCH bagholder: so you were wrong, try not to let your biases blind you so much in the future.
Core Maxi: Think what you want,
BCH bagholder: the fact is you comically made a bold claim
bold claim: I think you should check the link above with the explanation before so triumphantly and wrongly pretending BCH is secure.
BCH bagholder: which was demonstrated to be in error and now you are deflecting 'oh I forgot' rather than holding up your hands and saying yes I was wrong - I don't think I have come across a Core Maxi that was capable of this simple act.
Core Maxi: It isn't "demonstrated" to be an "error", it's a voluntary omission on my part to be able to compare both chains on a common ground and not lose most non-tech savvy people with irrelevant details when it comes to actually comparing those chains.2
BCH bagholder: heh heh, you wriggle and you wriggle - as I said it seems impossible for a Core Maxi to admit when they deride someone else for being wrong and it turns out that they were wrong in the first place delicious.
The primary reason for posting this is to show others how the likes of u/diradder though seemingly knowledgeable has a fatal flaw
- they are incapable of admitting that they are wrong even when it is clearly pointed out they wriggle and wriggle. I have found this to be a common trait with just about all these Core Maxi's some know a bit more than others, but seem to be incapable of good faith discussion. They are usually blinded by their Bias - something us BCH bagholders should watch out for in ourselves.
Is u/diradder knowledgeable about the technicalities of SHA256 PoW blockchains absolutely, can you trust them......
I pointed out to u/diradder
BCH bagholder: Do you not see that this inability to admit being wrong undermines any knowledge you might bring to us poor BCH bag holders not to mention stunting of your own growth in the understanding of PoW coins through open and honest discussion with perhaps even less knowleadgeable people - but of it seems they are too full of hubris to contemplate they might have something to learn from us bag holders.
archive link in case of 'data corruption' as per the Kim Dot Com Clubhouse Debacle
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yes the Ever is hyperbole and probably wrong
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it's a voluntary omission on my part to be able to compare both chains on a common ground - this has no bearing on whether all the hash power on the planet could force my node to accept a chain that does not contain block A
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source https://www.reddit.com/r/btc/comments/mic5cq/typical_mo_of_a_core_maxi_inability_to_admit_when/
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