Quote from: brg444 on August 24, 2015, 04:41:22 PM

Quote from: sAt0sHiFanClub on August 24, 2015, 08:43:04 AM

Quote from: brg444 on August 24, 2015, 12:43:02 AM

Quote from: sAt0sHiFanClub on August 24, 2015, 12:36:23 AM

Quote

My original Bitcoin is essentially held in escrow

Thought as much. You are handing over your bitcoin to a 3rd party, and you rely on trust to get it back, like any escrow service.

And dont give me "enforced with software" because it will be enforced by whoever has the majority in a 2-of-3 multisig.

Quote from: brg444 on August 24, 2015, 12:35:09 AM

Read my post above. Then read the sidechains white paper. Then come back here when you actually understand how this stuff works

Miss me with your "arguments to ignorance" until then.

A what now?

I won't bother arguing with you until you understand or have read the white paper. My "escrow" comment was a shortcut for your small brain to grasp.

Concentrate on SPV Proof.

Until then.

Quote from: brg444 on August 24, 2015, 12:35:09 AM

Miss me with your "arguments to ignorance"

Yawn.

SPV proofs are about verification. I'm talking about 'ownership'. You could have just simply said "You send your Bitcoins to a specially formed Bitcoin address. The address is specially designed so that the coins will now be out of your control...." source
[ yeah, there is a load of proposed stuff which will absolutely, definitely, without a shadow of a doubt GUARANTEE you will get them back, you know, because rules, right?]

But, no. Don't reply. I think we are done here. I feel I'm flogging a donkey that has long since died.