"I just want to be left alone"... so your plan this whole time was to cause so much drama and bring so much attention to yourself as a way to teach the world to leave you alone? 🤔

submitted by /u/maff1989 [link] [comments]

source https://www.reddit.com/r/btc/comments/9xr2w5/i_just_want_to_be_left_alone_so_your_plan_this/

Bitcoin ABC 55.7% ahead in proof of work!

submitted by /u/Egon_1 [link] [comments]

source https://www.reddit.com/r/btc/comments/9xrtgh/bitcoin_abc_557_ahead_in_proof_of_work/

Some misconceptions I have seen during this "Hash War"

"Chain Y is 30 blocks ahead of chain Z, therefore chain Y wins"

This is irrelevant as the chains have split and are mining on different rules/difficulty. "block ahead" only matters for miners who are on the same chain.

 

"It does not matter if chain Z has more hash rate than chain Y, they have forked and are not compatible"

It is true that no amount of hashrate of chain Z can make a difference for chain Y, they are mining on different chains with different rules. But it does matter if chain Z moves some of their hashrate to chain Y to disrupt it (empty blocks and reverting transactions)

 

"A checkpoint will save us from a 51% attack"

Checkpoints only prevent disruption of the past, it doesn't do anything to prevent disruption after the checkpoint.

 

"Hash rate decides who wins"

It may look like this is true now, because BCH(ABC) has more hash rate and is winning, but imagine if SV had more hashrate, would the entire BCH community just rollover and admit defeat? No, hash rate only helps to prevent disruption. The people behind BCH(ABC) don't just go away because someone has more money to throw away on mining.

submitted by /u/bitcoiner_since_2013
[link] [comments]

source https://www.reddit.com/r/btc/comments/9xqvlp/some_misconceptions_i_have_seen_during_this_hash/

The "Hash War" idea was insane in more ways than one. Thank god its over.

Reason #1: Different incompatible rules result in a chain split. Period! Even if you mine empty blocks, the coinbase rewards will diverge the UTXO.

Reason #2: There's been a bizarre misinterpretation of "Nakamoto Consensus" which clearly can only apply to differing chains on the same rules. The only possible way to have a "hash war" on differently ruled chains is for one chain to attack the other, which the whitepaper says is "dishonest mining" and by common sense is disrupting people who want to run a network in peace.

Reason #3: A chain that is fractured, at war with itself, would be doing tremendous damage to its own brand the longer it goes on. We're already seeing the damage just having exchanges be down for 2 days. Imagine that went on for weeks and months like Coingeek and nChain wanted? My god. There will be nothing left to fight over.

Thankfully we're spltting off. The hash war is over. BSV can continue to show off its hash rate in hopes of influencing some exchange (good luck)...They can even try to 51% attack. (I doubt they will succeed). But regardless of what they do, they will never be Bitcoin... for Bitcoin is permissionless p2p cash, and for that idea to happen, it requires a community that is dedicated to the ideals aligned with that vision.

submitted by /u/jonald_fyookball
[link] [comments]

source https://www.reddit.com/r/btc/comments/9xqi9u/the_hash_war_idea_was_insane_in_more_ways_than/

This crisis has taught me one thing for sure. Twitter is complete cancer, both here and in big politics. Why are we even taking seriously what has somebody said on Twitter ?

Twitter is such a terrible, cancerous, propaganda&brainwashing-filled service I am starting to think it may be even worse than TV.

Twitter is the perfect tool to create mass hysteria out of complete void.

submitted by /u/ShadowOfHarbringer
[link] [comments]

source https://www.reddit.com/r/btc/comments/9xq6tu/this_crisis_has_taught_me_one_thing_for_sure/

Seems like someone at nChain couldn't figure out how to make CSW faking script work and had to go on StackOverflow to figure it out...

submitted by /u/homm88 [link] [comments]

source https://www.reddit.com/r/btc/comments/9xr10l/seems_like_someone_at_nchain_couldnt_figure_out/

No, there’s no evidence that Satoshi signed a new message. This is just another parlor trick by Craig.

submitted by /u/Contrarian__ [link] [comments]

source https://www.reddit.com/r/btc/comments/9xr437/no_theres_no_evidence_that_satoshi_signed_a_new/