Quote from: Mr.Fuck on July 08, 2021, 07:34:26 AM

Quote from: piececollector on July 08, 2021, 01:50:05 AM

I tried Bitcoin SV and it was slow when I sent to my wallet.

This is very strange. Transfers are instantaneous with Handcash, ElectrumSV, Simplycash, RelayX and almost all those natively BSV....

But if you go through an exchange.... very often the exchanges ask for several tens of "confirmation" of blocks, that has nothing to do with the security as they claim it. that has for effect to delay all transactions with which they do not have partnership (of speed, put forward...) and then there are 2 reasons,

Firstly, depending on the amount of money coming in, some exchanges adjust the bots to take more from you by acting directly on the prices, thus creating an arbitrage situation very often (99% of cases) in their favour. For outgoing amounts again you are taxed to the hilt and they pay the minimum or very minimum fees, which means that some trades (excluding SPVs) can take natively longer to be confirmed.

The second reason is that exchanges don't even bother to upgrade the SPV technology that comes natively with Bitcoin Satoshi Vision solutions. Besides, if you audit 3/4 of the exchanges have the same source code base and the same security holes (cloned websites).

These (false?) exchanges are mainly used to generate volume thanks to bots and thousands of transactions then a large transaction occurs almost immediately (often the same person) it is cyclical. which has the effect of rigging the game and send via APIs truncated information. Add to this the stablecoins backed by promises to buy at a time X (with almost no real liquidity) are used to buy more more more cryptos or tokens and then take the Asian markets out of the equation as CZ does with coinmerketcap (coinmerketcap owned by Binance by the way) which communicates the prices to you (with delay? ) and you get a perfectly speculative bubble made in China with sometimes the open complicity of companies from all over the world sometimes formed in consortium under the cover of sharing the patents between them against 3 years of commitments. Yeah it's FUCK, just ROYAL FUCK!

yeah I went through an exchange I see. I'll probably check another way next time.