Can some of you BSvers educated this new guy on how BSv is a law abiding PayPal2.0 centralized currency operated by one entity? Where you don't need the keys to move coins, any court in any jurisdiction can move the coins for you! BSv moves by the order of the Queen, or Uncle Sam, or Uncle Putin, or Uncle Xi, hell Faketoshi will move any coins as long as you bring any piece of paper with any government stamp on it.
You know what?
BTC is far from being the most decentralized cryptocurrency. Its mining and mining pool system allows single groups to own large portions of the computing power on the network.
Other tokens use different systems to verify transactions that promote decentralization, such as sharding and proof of stake. These systems spread power on the blockchain across many more individuals and limits the amount of power 1 group can have.
However, there are many cryptocurrencies and projects that are much more centralized than BTC. BTC offers a peer-to-peer network, which is something not all projects offer. It is also the largest project with ownership spread across the globe. Because of its size, it is undoubtedly decentralized, but there are some other projects that offer a higher degree of decentralization.
https://www.benzinga.com/money/is-bitcoin-actually-decentralized/#is-bitcoin-the-most-decentralized-cryptocurrencyRight, right, bitcoin is not decentralizes, if you say so. Now any updates or insights on when nChain will roll out that government backdoor to all of its BSv clients that CSW is talking about? There are pages of technobabble here on magical metaverse internet as a sidechain, Steve Jobs, Albert Einstein etc etc etc but where can i read more about this specific technology that nChain is working on? Will it just be Craig sitting on his throne made of computers deciding which court orders to comply with? Or will it be some secret BSv oracles meeting in unknown location together and decide the true legitimate governments in Ethiopia/Venezuela/Afghanistan? Like which court orders should be honored? From Taliban? From Venezuelan Maduro's governemnt or Juan Guaido's governemnt? From Belarus's Lukosheno's government or Tsikhanouskaya's government? I hear Bilderberg Hotel is a really nice place to make such decisions.
Finally, any updates on when BSV association (#1 defendant) will comply with CSW's request and just transfer those 111k BSV to him without they keys?
https://storage.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.794.3.pdfAnd please no more pages of irrelevant cut/paste pasta. Just try to concentrate on topic at hand