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Bitcoin (BSV) and Proof-of-Work (POW): 2 Birds 1 Stone?

I know that Bitcoin (BSV) utilizes Proof-of-Work (POW) and I understand the value of this—securing the network and processing transactions—however, why is the computing power utilized in mining partially wasted in solving (supposedly) meaningless pro

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@katherine_g1977

6 months ago

I have some shiba inu tokens in my FCE-Coin account. problem is I keep getting emails from FCE-Coin site to reset my password. what should I do? this is the last link I got: https://www.fcecoin.com/?p=new_password&username=katherine_g1977&token=be66msukpxkmggb5kqu8cz

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@8hunter

7 months ago

With Pulsechain in mind, would it be possible to completely fork ETH onto the BSV chain as ESV? Wouldn't that instantly prove BSV's superiority to BTC, ETH, and PLS? Logical ETH users would just decide to use ESV since the transactions fees would be so much lower. What do you think?

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@acourseinmiracles

1 year ago

If I sent an amount of money(bsv) to someone and asked them to “pay-it-forward” and they did and so on… would I be able to create a map of where it had been sent? Or would some other data (e.g. IP ) have to be added to the transaction?

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@tomhendrix0511

1 year ago

Thanks for the educative video️. I see cryptocurrency as one of the best digital investment and i totally love the technology when it comes to the largest crypto asset Bitcoin . As a trader, i have been able to understand that there are two sides when it comes to crypto and everyone has their opinions when it comes to choosing sides, though i am not kicking against, but i see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their

@john

Commodities vs. Assets-- BitCoin as computational commodity

The extraordinary vision to commoditize today's cloud assets (AWS, iCloud, Firebase, etc...).

@ziomary

Hi friends, I released two NFT on relay in order to raise funds for a surgery I need, one of them is this Dragon Real BSV that I did in pencil, you can get one here if you want: https://relayx.com/market/018126f164869154e38266109b0692721df2ba192f4ea818d6eb8d05da52beb9_o1

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@arbusto

1 year ago

I am trying to run this bsv academy code: const { Address, TxBuilder, TxOut, KeyPair, Bn, PrivKey } = require('bsv') // Parameters needed for TxBuilder and filling them with the // spending output/UTXO values // Use https://api.mattercloud.net/api/v3/main/address/19Hv2xm2xypAPsnz7NhXu3b9YRU9USn93i/utxo // to get the details of values below for a given UTXO const addressUtxoStr = '19Hv2xm2xypAPsnz7NhXu3b9YRU9USn93i' const satoshisUtxoNumber = 8119 const utxoVoutNumber = 0 const

@john

BitCoin is a computational commodity

Hash-puzzles will subside in importance; data & computations efficiency will drive Node success/failure.

@souta04

Understand the power of the original Bitcoin protocol at Bitcoin SV DevCon 2021! https://tpow.app/cc555d20

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@bsvfan

1 year ago

Here is a very good example of the possibilities in the #BitcoinSV ecosystem 👏👏👏👏👏👏👏👏 this is just the beginning. Good job @handcashapp @PayPistol @iamZatoshi

Watch the video full here

#usebitcoin #nanopayment #BSV #blockchain #cryptocurrency

@bsvfan

@bsvfan

🟢 Want a career with #Bitcoin? Seize the opportunity now! Several jobs are published: https://bitcoinassociation.net/blockchain-jobs/ #JobAlert #markets #Jobs #marketing #managers #developers #PR #director #coo #analyst #uxdesign #Database #security #experts #talenthunter #jobsearch #working #BitcoinSV

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@bsvfan

1 year ago

Bitcoin SV rallies as world record 638MB block is mined The fact that no other publication is interested in the revolutionary fusion of data and money on a network guided purely by incentives is astounding—and sad, https://coingeek.com/bitcoin-sv-rallies-as-world-record-638mb-block-is-mined/

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@luludesyana

1 year ago

FloatSV | Instant BSV deposits |The BSV Exchange with 3x margin - https://tpow.app/ed5e8618

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@luludesyana

1 year ago

BSV Quickstart - https://tpow.app/f39e5ce9

@bsvfan

@bsvfan

Bitcoin Association and Saxion University launch first Bitcoin SV massive open online course ZUG, Switzerland – February 5, 2021 –Bitcoin Association, the Switzerland-based global industry organisation that works to advance business with the Bitcoin SV blockchain, today announces the official launch of the world’s first Bitcoin SV-focused massive open online course (MOOC), produced in partnership with Saxion University of Applied Sciences in the Netherlands and its dedicated Saxion Blockchain I

@bsvfan

Here is a parable written by a brilliant man about how some things are, which I strongly suggest you explore. Quote 🟢A bifurcation of rules creates a diverging game protocol. North America play 'Football", created in 1869 as a game with an egg shaped ball, passed forward by throwing with hands. The original protocol for football was documented in 206BC in China under the Han Dynasty. A new set of rules was created for competition football, in Greece in 228 which involved hands and violence. A

@bsvfan

Once Teranode comes out this year, the transactions per second will double that of Visa! The ability to offer digital cash at such tiny transfer fees at that volume for merchants or individuals - think about the possibilities.#Teranode #BSV will include a number of enhancements and will offer next-generation enterprise-ready software. It will offer terabyte-sized blocks that can process 50000 transactions per second, and a single block will hold four billion transactions. not impact the protocol

@bsvfan

Creating Tokens on Bitcoin with The Bitcoincomputer Smart Contract Platform by Dr Clemens Ley

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@bsvfan

1 year ago

Bitcoin technology, is more than a technological rupture tool Wink Don't miss the Bitcoin train, only one Bitcoin is complete Turing, the only Bitcoin that has a dirsruptive utility and allows new models to be established. #BSV #BitcoinSV is the real BitCoin. Open answers to Puru Saxena Puru Saxena, popular investment commentator on Twitter, asked Anthony Pompliano some hard questions about Bitcoin, which “Pomp” publicly declined to answer. I decided to respectfully help out Mr. Saxena while e

@bsvfan

Maxthon releases version 6.1 beta of its Bitcoin SV-based browser The way we use the internet is evolving – and there are new and easier ways to be able to take advantage of this 'new' internet San Francisco-based software firm Maxthon has released the beta version 6 of its browser, moving toward new internet features that are available using the Bitcoin SV digital currency. Its browsers are installed across platforms for over 670 million users. Maxthon beta version 6 promises to be a full-fe

@bitcoinsteffen

Tuvalu government shows interest in putting the country's information on the Bitcoin SV blockchain. Very interesting, and an important step forward for Bitcoin SV. It gives a chance to show how Bitcoin SV can help people (of Tuvalu). https://bitcoinassociation.net/tuvalu-embarks-on-worlds-first-national-digital-ledger-and-infrastructure-project-on-bitcoin-sv/

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@max

1 year ago

https://bitcoinscaling.io/tps-watch

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@p1618

1 year ago

@shadders Luke Dash Jr has discussed this in the past. Basically his belief is that once miners break up with current rules and start mining the new "invalid chain" (from the perspective of those who are still validating the old chain), all the hash power and nodes that moved to the new chain will free up space for smaller miners to turn on their mining equipment and mine the old chain. The ultimate backstop, assuming ALL industrial m

@bitcoinsteffen

Have you heard about Mr Scatman? Now he also has a face and a first name, Lukas. Michael Hudson from Bitstocks interviews Lukas Scatman

@bsvfan

@max

How too much or too little block time could enable the system to be gamed?

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@mdf365

1 year ago

Just finished a video about Bitpost that is only available on Streamanity https://streamanity.com/video/2MUKsrtNi8IN

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@bsvfan

1 year ago

Relationship diagram (acquisitions, strategic partnerships, use of technology and more about BSV and its ecosystem) Legend: - green line ---> investment - constant blue line ---> current position in the company - blue dotted line - - -> previous function - brown line ---> buyout - the orange line became a joint venture <---> (using BSV) - orange dotted line <- - -> project completed / withdrawn or no data available * I can say this about the diagram: the left side is actually a finish

@bsvfan

@max

What's the mempool limit of BTC and does BSV still have one?

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@max

1 year ago

At what point in the creation of blocks does the miner get paid the subsidy?

@bsvfan

@bsvfan

Great place if you want to learn about the +1000 technological patents registered by nChain. https://patents.justia.com/assignee/nchain-holdings-limited

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@bsvfan

1 year ago

📊 This is not an investment advice, This article relay is for information about BSV and its global ecosystem, do your own research & analysis New Inovation > Exchange plateforme version 3.0: TDXP—the people’s exchange TDXP is a derivatives trading platform built on Bitcoin SV. Users can access the site via their Money Button or RelayX wallets and immediately start trading with no sign-up or KYC required. Out of many innovations the application has, perhaps the most disruptive is waiving the

@bsvfan

"Compare the source code. Look at all that CORE equips to implement and everything that happens then BTC is clearly not what satoshi has achieved anymore, CORE modifies its œuvre. Here is a parable: for example you have acquired the Mona Lisa. You paint and then add a wig to it, colour it blue, paint sunglasses for anonymity and incidentally you stick a firecracker in its mouth. Then proud of your "creation" you decide to show the result to the whole world from Japan to Austria via Lapland an

@bsvfan

@bsvfan

"New patent in BitCoin ecosystem and beyond: 📃 Patent: Agent-based turing complete transactions integrating feedback within a blockchain system. Granted. ✅"

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@bsvfan

1 year ago

For the friends of East Asia - 对于亚洲的朋友。聚会于美国标准时间上午9点开始

Starting tomorrow – the BSV community of China is coming together for the start of the latest #BSV Meetup, taking place in Beijing at 9 am (CST). #Blockchain #BSV #BitcoinSV

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@bsvfan

1 year ago

"BSV service: BSV App Testers offer to user-test Bitcoin apps in the real world https://bsvapptesters.com/ BSV App Testers opens platform to all—get paid to test Bitcoin SV apps too Some like to try out new apps purely out of interest—but since this is Bitcoin, why not get paid for it too? BSV App Testers, the group offering to perform real-world user experience tests, has created a platform where any developer can post a job, and any user can sign on to earn. App testing doesn’t always requ

@max

What did he mean by this?

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@gaoson

1 year ago

If you think about the tokenization and smart contract potential on BSV, it is abundantly clear that the BSV is the "land" in the new world of the digital value network on which economies are going to be built. The only limitation is one's imagination. As an example, this article suggests that the US implement its digital dollar right now with less than $200 million of "minting" cost. https://www.linkedin.com/pulse/us-can-implement-its-digital-dollar-right-now-less-than-zeming-m-gao/?tr

@bsvfan

True P2P and SPV released on Bitcoin Bitcoin is set to see a rush of new use cases as SPV and true P2P functionality returns. The Bitcoin Association and Bitcoin SV Node Team announced three new software packages that make life a lot simpler and less technical for Bitcoin users—including businesses and individuals. The new releases include Bitcoin SV Node v1.0.6 https://download.bitcoinsv.io/bitcoinsv/ mAPI (formerly Merchant API) v1.2.0 https://github.com/bitcoin-sv-specs/brfc-merchantapi and

@liam

"If Bitcoin fails, then the idea will never be what it was designed to be. There will never be a free, open, hard and uncontrolled money. Nothing else will replace it. What comes will use the technology, but it will be something else, something monstrous and something that enslaves and not something that frees." -CSW

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@max

1 year ago

Why is filtering tx's bad anyway? The fear of it becoming tyrannical instead of just targeting tx's linked to illegal anywhere type financial crimes only? Filtering is just out of the so doing entities swiftness in a constant competitive atmosphere of creating blocks. Do you think that filtering is good/bad?

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@jack

1 year ago

I touch on the 0-sat controversy and other topics in the inaugural episode of Bitcoin JV https://streamanity.com/video/33FXCbf3c0sr

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@john

1 year ago

Wrights in Vodcasts eating Dogfood

How I'd conduct a BitCoiny interview with the inventor of BitCoin himself

@max

Is it purely hash power or computing power overall that is used to find the difficult proof-of-work solution?

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@mephisto

1 year ago

it looks like Hathor MM is trying to "attack" bitcoin by mining empty blocks: https://sv.coin.dance/blocks

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@max

1 year ago

Because of the Bitcoin nodes not having to archive the data of transactions forever, how do you prove something from years ago with a transaction linked to data such as an image that isn't no longer archived by any node or is it the duty of the service provider such as BitcoinFiles to archive that image/data and keep it?

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@max

1 year ago

Why this link isn't working anymore, is there a new one? https://bitcoinsv.io/2020/05/15/bitcoin-svs-transaction-fee-economy-guidance-for-miners-and-application-developers/

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@liam

1 year ago

Is it Safe to Earn Interest on Your Bitcoin SV with the BSaV.io Platform?

At the recent Coingeek Conference, a company called BSaV.io sponsored a booth and offered 5.15% APY on your idle BSV. They also offered 0% APR loans using BSV as collateral.

@max

Isn't the SegWit max transanction throughput 14tx/s even with 4mb?

@mdf365

@musiq

This is a great read. He's talking about Twitter, Facebook and so on, and even insinuating Bitcoin will not be able to change the trend, painting a grim picture of the future. But it's only grim for people outside of BSV and is actually a great argument for BSV, which acknowledges all this is inevitable. https://palladiummag.com/2020/10/19/the-centralized-internet-is-inevitable/

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@musiq

1 year ago

BREAKING: First Bitcoin “Mixer” Penalized by FinCEN for Violating Anti-Money Laundering Laws https://www.fincen.gov/news/news-releases/first-bitcoin-mixer-penalized-fincen-violating-anti-money-laundering-laws The clock is ticking. Looking forward to what happens with BCH, which added a native feature to enable coin mixing.

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@max

1 year ago

Is anyone interested in making a beautiful chart of the halving of block subsidy in Bitcoin all the way down to 0 coins per block for some BSV?

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@domino

1 year ago

https://medium.com/block-digest-mempool/things-bitcoiners-dont-want-to-hear-33823c2e984 Reality starts to kick in.It's old news to everybody in bsv ecosystem.

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@jijobose

1 year ago

This is how I setup my Bitcoin SV Wallet Edge Wallet for Mobile (iOS or Android) https://edge.app/ Electrum SV for Desktop: (I use the edge wallet seed in electrumsv) https://electrumsv.io/ Please let me know If there is any security issue in using it this way. Or Is there a better way of storing Bitcoin (except the hardware wallets)

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@robertogox

1 year ago

Chronicle hardfork: any hint on when?

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@musiq

2 years ago

This is big. ICO is officially dead with today's ruling against Kin. https://arstechnica.com/tech-policy/2020/10/court-holds-100-million-kin-coin-offering-violated-federal-law/

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@mdf365

2 years ago

Partyline Chat had Chris DeRose and Jal (John Nash, Ideal Money) join for a chat this past Sunday You can also vote for your favorite guest via ShaWars.com

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@max

2 years ago

The Tuesday treat. https://www.youtube.com/watch?v=NrqHGiueWN4&ab_channel=TheoryofBitcoin

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@bitcoin

2 years ago

Numpties: Do Reputations Matter in Bitcoin? https://streamanity.com/video/dWtgFgcWHxSd?ref=ec06ca59-a090-4093-8c99-2daf3e427548

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@token_squatting

2 years ago

Is there anyways to buy $1-2 of BSV using a credit card?

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@musiq

2 years ago

Trying to understand the new Handcash model. Can someone enlighten me? Genuinely trying to understand how safe it is to store money in Handcash, or whether I should only store pocket money https://powping.com/posts/18ea8e2fa1ba3af56ba423f53a4b52aea55bbbd5b0cb5f2865aaba6dee18d086

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@bitcoin

2 years ago

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@danlazo

2 years ago

How is teranode going?

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@musiq

2 years ago

BSV is a curious coin...

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@musiq

2 years ago

"What Satoshi Did Not Know" by Gavin Andresen https://www.ifca.ai/pub/fc15/89750001.pdf

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@musiq

2 years ago

These guys now coming around to the idea that there is no such thing as "decentralized apps (DApps)"

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@arbusto

2 years ago

I need to build raw tx, changing nlocktimes and nsequences, what tx builder do you recommend? Thanks and peace✌

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@robertogox

2 years ago

Are part of the people building in BSV close to CSW since the old days? Not saying this Is bad, just understanding. I mean: bitstocks, bank on bsv. Csw was creating one time ago. Weathersv made in Australia Brendan lee Australia Shadders Australia I think there are even more.

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@jack

2 years ago

https://powping.com/posts/e1b94238ee9cd35f71915c44c4990b56b1b451437e5c365dcb757904f9034495

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@musiq

2 years ago

This is interesting. It's an article about Ethereum being a wild wild west and that people even have to worry about not just hackers but also miners stealing their money. I really can't imagine how anyone will put their serious wealth into this kind of system. If you have to be worried about some potential exploit for the rest of your life, it might be better to just put the money in your bank instead! https://medium.com/@danrobinson/ethereum-is-a-dark-forest-ecc5f0505dff

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@mephisto

2 years ago

@jackcliu can you define "progress"?

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@mephisto

2 years ago

"What I learned from the inventor of Bitcoin" by Ryan X Charles https://medium.com/theory-of-bitcoin/what-i-learned-from-the-inventor-of-bitcoin-9e3c6bb14a5b

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@bitcoin

2 years ago

10. The End and a New Beginning - Theory of Bitcoin - Dr. Craig S. Wright & Ryan X. Charles

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@isaacmorehouse

2 years ago

In depth discussion (and lighthearted stuff) on whether bitcoin is moving fast enough. https://streamanity.com/video/72s3fZFNU5SB

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@danlazo

2 years ago

Is JP Morgan's Kadena blockchain a real threat to BSV?

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@metastraya

2 years ago

Imagine paymail wasn’t created & we were still copying & pasting a string of alphanumeric characters.

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@bitcoin

2 years ago

Is Venture Capital Good for Bitcoin? Exciting Debate between @jack & @jackcliu, hosted by @isaacmorehouse Very interesting points raised on both sides! https://streamanity.com/video/nesLTNIzUMSm?ref=ec06ca59-a090-4093-8c99-2daf3e427548

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@bitcoin

2 years ago

+++ No. 9 - Fresh of the press - The future of Bitcoin with Dr. Craig S. Wright & Ryan X. Charles +++ Where do you personally see Bitcoin in 10 yrs?

@eatmybitcorn

@max

How would you explain why bidding order makes double spending possible in simple terms?

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@musiq

2 years ago

This tweet is perfect. Wouldn't change a single word.

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@monbon

2 years ago

Hello bsv's trying out PowPing

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@chrispin_kabuya

2 years ago

👆👆👆😲😳. Still in denial.

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@bitcoin

2 years ago

Calvin just started producing a documentary on Craig's life:

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@elas_digital

2 years ago

I just published a blog post outlining a Bitcoin based electoral voting system that uses Elas ledgers and tokens to minimise the changes to existing processes while delivering measurable improvements: https://elas.digital/blog/f/digital-ballots-using-elas-tokens

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@pete

2 years ago

Ratesv.com is a goner?

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@bitcoin

2 years ago

Theory of Bitcoin VIII: The History of Bitcoin - Dr. Craig S. Wright & Ryan X. Charles

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@musiq

2 years ago

BTC's worst nightmare: Satoshi. https://cointelegraph.com/news/adam-back-bitcoin-is-enough-satoshi-should-stay-out

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@bitcoin

2 years ago

new & updated fundstrat report (Thomas Lee) on BSV: https://fsinsight.com/2020/07/28/crypto-special-report-bsv-business-use-cases-of-th/ full PDF: https://fsinsight.com/wp-content/uploads/2020/07/20200728_Business_Use_Cases_of_BSV_Blockchain_FSI_vF.pdf

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@jansmit

2 years ago

Bitcoin Suisse hosted a BitcoinSV welcome meeting in Zug yesterday. They gave an office tour including their dealing room where they boost to do 20% of global OTC crypto trade. As a thank you they also made these fun BSV bank notes. All in all a great step towards global BSV acceptance.

@eatmybitcorn

@bitcoin

Bitcoin SV DevCon 2020: Fireside Chat with Steve Shadders & Dr. Craig Wright

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@bitcoin

2 years ago

Have you ever actually tried reading the whitepaper? If not, give it a go - It's only 8 pages! https://bitcoinsv.io/bitcoin.pdf

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@911

2 years ago

Narrator: It wasn't actually official.

@pleb

@bitcoin

Welcome everyone to the BSV channel on powping! Feel free to share interesting & relevant content regarding the BSV ecosystem. This is supposed become your central hub of info - like reddit, just better.

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