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If everyone jumped off a bridge…
I don’t watch team sports.
I don’t vote in elections.
I don’t wear flags.
For much of my life, I didn’t even go to church despite the fact that I’m a practicing Christian.
Why?
I don’t like tribalism, and I don’t get worked up about nonsense.
When the Chicago Bears would (occasionally) win a game, nothing would make me more immediately embarrassed and uncomfortable than listening to someone say “we won!”
Internal Kurt: “No. We didn’t do anything. We aren’t the Bears, none of us are football players, and most of the Bears aren’t from this city in the first place. This is simulated Napoleonic warfare with a ball for a proxy, sponsored by the U.S. Armed forces to keep people frothy enough to support the military industrial complex and encourage pride in government institutions that don’t care about us!”
I’m sorry, I’m that guy… Internally, anyways. I’ll still happily go to a Super Bowl party and genuinely enjoy my friends while keeping my mouth shut about the soft slavery of voluntary participation in the cults that love sports teams.
Similar anecdotes apply during election season and church fundraisers, so don’t worry, I am equally uncomfortable in other facets of life that normal people hold dear, too.
You can imagine my discomfort when Ørjan Salvesen Haukaas, the attorney for Magnus Granath, wrote off a culture of cyberbullying as something akin to hooliganry at the sports pub.
“Everyone bullies the autistic kid, so my client, a grade school teacher, bullies the autistic kid too, You’re Honor. It’s like hooligan stuff!” –not really a quote…
Source: Magnus Granath Twitter
Sorry, I don’t know who agrees that bullying is good as long as everyone is a bully, but I don’t like it. Remember when your parents said, “if your friend jumped off a bridge, would you do it too?”
There’s a lesson there…
And I think the lesson is individualism and the strength to stand up against general collectivism and foolish group-think, no matter how popular the foolishness is.
Bitcoin has always been about strong individualism and cooperation, in my opinion. The thing that excited me about the tech when I started studying it in 2013 was the ability to reduce business friction and shine a light in the darkness both for supply audit and for the incentive to be honest with each other in business. My belief was that a purely free-market-based currency secured by economic incentives would lead to greater cooperation and remove the need for all kinds of nonsense arbitration so we could focus on the things that matter to us outside of Bitcoin.
I never wanted Bitcoin to become a cult in and of itself, but then a mix of communists, fascists and corporate interests started to fight over the network and the name, and here we are today!
Toxicity, rabidity and curses
At some point, Bitcoin became a political football to toss around. Bitcoiners broke into tribes and decided to focus on the things they hate about each other and outsiders. This bred a culture of cyberbullying, threats of violence, doxing and generalized toxicity. In fact, small blockers have adopted “toxic” as a mantra worth aspiring to as a sort of Spartan purity test to show commitment to their cultural commune.
Source: Magnus Granath Twitter
“Have Fun Staying Poor,” “Cry Harder,” “Cope,” and other similar mantras are spewed at people who don’t immediately agree to join the cult as a way to bully them into feeling like second class citizens if they don’t homogenize into an obedient pleb.
Source: Magnus Granath Twitter
Instead of cooperation and competition, do-nothing influencers ridicule mining companies, and the pool operators are treated like second class citizens to the “plebs” as they like to call the apparatchiks of their anti-competitive, Trotskyesque permanent revolution.
Source: Magnus Granath Twitter
And so the culture is one where a rabble of bullies defines what is allowed and what is shunned, and an incredible amount of collateral damage exists in the wake of all the nonsense. Instead of the world running on Bitcoin, there are 20,000 blockchains, and an incredible amount of brain drain across the entire economy while small blockers play with racist, authoritarian ideas on twitter all day.
Source: Magnus Granath Twitter
But that’s just a backdrop…
Note my challenge from a bit before the Granath V Wright trial.
https://twitter.com/kurtwuckertjr/status/1569407570640605187
When I landed in Norway, I was excited to meet the considerable BSV community in Oslo. 21e8, CoinSurvey and a couple of new projects have significant presence there, and a few guys made plans to meet up while I was in town. On top of that, a friend I have known for a few years lives in town and was kind enough to let me stream from his beautiful balcony overlooking the city.
I was also looking forward to meeting local small blockers and hoping to connect, so I made a point of tweeting about organizing with Hodlonaut himself or any of his supporters to give them a voice to my audience or just have a private conversation if they desired it.
https://twitter.com/kurtwuckertjr/status/1555738348882432003
Unfortunately, while in Oslo, and after asking if I can come to the BTC meetup and give them the opportunity to try to “orange pill” me, I was told that I was unwelcome at a BTC meetup because while they’re sure BTC is going to change the world, someone who has a different idea might ruin their safe space.
https://twitter.com/kurtwuckertjr/status/1571171383341711366
https://twitter.com/kristiandoble/status/1571433153218367488
https://twitter.com/kristiandoble/status/1571441113205989377
So, no big deal. We had a pretty great BSV meetup in town that night anyways, and about 10 people showed up.
To summarize the trial, the position of Granath was that their crass culture is important because compromise is bad. All of his “expert” witnesses talked about the price of BTC, social consensus and the need for enforcement of purity tests. Also, “Aussie man bad.”
https://coingeek.com/wp-content/uploads/2022/10/7-if-everyone-jumped-off-a-bridge.png
Source: Magnus Granath Twitter
In my final stream of coverage about the trial, however, I asked for everyone to think again about Granath’s humanity. Despite the vitriol and my strong disagreement with his ideas, his words and his behavior, my goal was to look past it and see the humanity of a man who brought his family in for support: a man who is loved by some people, and a man who deserves his basic dignity respected despite the fact that he’s unpleasant on the internet.
Of course, within an hour of the end of this stream, someone named “Jody” in the chat box of the Bitcoin Magazine stream revealed what hotel I was staying in; presumably in an attempt to intimidate me. Given the fact that all of my calls for peace and civility had been roundly rejected, I had to take my doxed hotel seriously and sleep elsewhere for the night.
Me in front of the Nobel Peace Center in Oslo.
But that was just the beginning of the nightmare.
On my way home, I thought about how sad it was that so many people just can’t communicate with each other because we disagree about something as trivial as numbers in a database. Rather than let them upset me, I spent about three hours thinking about the people whose faces and names I could remember, and I spent time in prayer asking for the humility to examine my own presumptions and the judgments in my own heart so that I could see their humanity too. After feeling unsafe in a far-away city, I just wanted to give it to God.
When I landed at my layover, I tweeted this.
https://twitter.com/kurtwuckertjr/status/1573669299146956800
And this is where I intended to finish this article, but things have gotten out of hand since I began writing it.
About 10 minutes after landing, after a little bit of browsing my notifications, I discovered that a group of (presumably backlashing from Oslo) cyberbullies had posted photos of my wife with GPS coordinates of my home and wrote out my home address on twitter with a flurry of other personal information. I had to call my wife and let her know that she needed to call the police and get our toddler-aged children to somewhere safe.
At that time, I was 13 hours from home and very worried about my family.
Upon arrival, I raced from the airport while also receiving notification that my legal history, a bankruptcy filing, my previous home addresses, lists of various pieces of my property and a whole tranche of other personal information had also been leaked to the internet in the hopes of silencing my dissenting voice by shaming me for failing at something in my life.
It’s sad to think that having gone through a rough patch, failing and picking myself up again is an example of something that small blockers think is shameful, but they didn’t even have the presence of mind to think that perhaps I wouldn’t be ashamed of the journey that I had already survived in my life.
What does that say about their culture?
Well, for me, it confirmed that my years of pointing out their coordinated cyberbullying against big blockers was confirmed. Their response to my criticisms was to cyberbully me directly because I won’t bend the knee to their authoritarian nonsense, so in their sophomoric rage, they showed me exactly who they are, and just how much of a threat my words are to their deeply cursed culture.
The lesson from all of this is that it’s still ok to love everyone, but also not to underestimate the guile of someone who sees me as an enemy. I never thought of small blockers as enemies. I always saw them as competitors; people put in my life to give me something to compete against so I can become better at competing in the arena of ideas, business and whatever else.
But they see me as an enemy on a battlefield. Someone who needs to be extinguished. They don’t want dissent or competition of thought. They want obedience, homogeny and lockstep devotion to their cult. They want toxic brutalism and vicious enforcement of purity tests.
Source: Magnus Granath Twitter
Never forget, in the face of authoritarianism, you always have the sovereignty to say “no.” And that’s what they hate about us.
Watch Granath vs Wright Satoshi Norway Trial Coverage Livestream Recaps on the CoinGeek YouTube channel.
Source from Kurt Wuckert Jr - https://coingeek.com/if-everyone-jumped-off-a-bridge/
It's a total human shame! I give you and your family my full support.
The most amazing parts of Satoshi's invention were not the code, the cryptology or the mathematics - it was the incentive system, the understanding of the topography of the networks and, most importantly, the vision of how his system would grow."Satoshi's vision was like God creating the DNA of a species before even SEEING the adult version of the species!"
The point here is that sometimes a man is so far ahead of the herd in his thinking that he doesn't realize how hard it is for people to catch up without explaining everything! He's explained a little, sure, but not enough.
So a coder-only monoculture took control of a machine that required more than just a deep knowledge of coding. You may be a whiz with internal combustion engines, but that doesn't mean you know how to fly the plane it powers - or even understand how the flight controls work!"
The "Blockstream BTC" team removed the scripting language functionality (similar to removing the wings from the plane), solidified the 1MB block limit, and then began removing signatures (SEGWIT) and setting up money laundering virtual machines with "Network Lightning."
They created a rocket that could fly, but couldn't land the people driving it safely.
⭐ Merited by Bitcoin SV (BSV) (4)
BSV is not only the original Bitcoin, it's the first time it's actually been used as intended. Nothing in crypto can be done on Bitcoin, which begs the question, why do we need another 8,000 coins that no one uses? We only need one that fits the whole world.
"All the other crypto projects are trying to stop it because of the sheer scale of the invention."
Craig Wright has re-enabled the scripting language, removed script length limits and unlimited block size on BSV. This means you can upload all the data to the blockchain and write any functions you want to use now.
You can also sell the data on the blockchain to other parties and also sell the functions.
So it's a computer that can do about 10,000 operations per second at the moment, and it will release Teranode later this year, which will increase the capacity to about a million operations per second. He is aiming for a billion operations per second in the next few years.
The system, we will be able to rebuild the entire global system on BitcoinSV. Not just money, but everything. All other crypto projects are trying to stop it because of the sheer scale of the invention.
Think of it this way: each TX on BSV can open a payment channel to 4 billion sequential TXs. So if it is capable of doing a billion TX/sec (TPS), multiply each TX by 4 billion subsequent TXs, and you have an extremely fast supercomputer capable of executing trillions of transactions in parallel.
That's "scale" and that's the kind of world-class supercomputer we need to run the global economy. It makes all other crypto-currencies look absolutely ridiculous in comparison. That's what's going on. The best kept secret in 'crypto'.
Quote
How to earn BSV by playing #csgo aka Counter-Strike: Global Offensive for FREE
https://www.youtube.com/watch?v=YG3fxmeyJlQ
Hi, im hoping for more activity on this CSGO server, so i made a short tutorial on how to get started!
I hope i see you on the server!
thank you very much[ crypto exchange LATOKEN to list BSV[/b]
Latoken is an exchange that charges totally unreasonable deposit fees, exchange fees and withdrawal fees. I do not recommend Latoken at all. Stay away from them.
Quote
The new internet
Or, as Latif Ladid put it, we are approaching the age of IPv6 and, with it, the more colloquially termed age of web3. If you haven’t already caught his talk at the recent Global Blockchain Convention in Dubai, what the advent of web3 promises is the final realization of the internet dream of a truly peer-to-peer network.
Well, unless you were born before the age of Bon Jovi, you wouldn’t know that the internet was not always a welcome idea among the government policymakers and big computing companies at the time it was introduced.
Originally started as a military network, and even after the protocol technology was released to the world, there was a lot of political pushback on introducing an open computer network. Many industry incumbents, such as large telecom and computer companies with a monopoly on computer communications, stood to lose influence. But thanks to the advent of the home PC, and the distribution of computational resources to individual homes, the potential for these nodes to be connected together in some way was a large opportunity. But due to lobbyists, governments (including the U.S.) were against an open internet until 1991, and popularizing the internet was one of the few things that we can actually give Al Gore credit for. It was only then that the development of the World Wide Web and the open internet started to gain popularity over the proprietary network technologies that companies like Novell, IBM, and AT&T were pushing.
We are living in that age now, where we have generations of young people who grew up in the world that started in 1991: the Information Age. Where information is always just ‘at our fingertips’ and floating in the airspace all around us. But the internet has been around for so long now and has become so ubiquitous that many have lost sight of the original dream that it exalted—peer-to-peer communications.
When the tech giants lost control over the network technologies and hardware markets, they shifted to the role of communication intermediaries. Few understand that when you use the internet today, you are not communicating directly with your peer. You are communicating with a proxy company, their internet service provider or ISP, who then forwards those messages to the receiver. This is much like the current banking system. When Alice transfers money to Bob, she just initiates a transfer request to her bank, which then sends instructions to Bob’s bank, and debits and credits are done accordingly. There is actually no involvement of Bob at all. Bob’s money is sitting in an account at Bob’s bank.
Although the banks are legally unable to take Bob’s money, they can refuse to accept transactions incoming to Bob in certain circumstances.
The banks are analogous to ISPs. You rarely, if ever, communicate directly with another network peer. Your ISP could block access to your PC or home devices if it was legally impelled to. This is why currently, while the internet is open, it is not truly peer-to-peer. This is because people don’t have their own publicly addressable Internet address due to the IPv4 address space being entirely staked by large companies and ISPs. With a total address space of just over 4 billion unique addresses and large swathes of the space reserved for private networks, there is no way we could ever give an address to every person on the planet, let alone every electronic device.
IPv4 is akin to real estate on Hong Kong island. Every square inch of the island has already been claimed, and it is the business of large companies to rent out space to individuals through the use of network address translation (NAT). While you are reading this article downloaded from the publisher, the publisher’s host server is actually at an internal address on their ISP, and your PC or mobile phone is speaking through your ISP’s public Internet address. You are both using the internet indirectly through your respective ISP’s service. Your ISPs are the real nodes on the internet, not you nor the publisher of this article.
Nobody cared about this for a long time, because people were only concerned about the messages and whether or not they reached their destination. But for true commerce, we need more than just message passing. We need to have provable legal identities verifiable at the network level.
If IPv4 is like trying to get real estate on Hong Kong island, then IPv6 is real estate on the surface of a Dyson sphere.
As Latif put it:
“If we were to distribute ten million addresses each second, it would take 58,000 years before we would exhaust all the possible unique IPv6 addresses.”
Enough addresses for every person on the planet(s) for all our communicating devices in the foreseeable future. The key point is that, with each person and device having its own unique address, we can finally realize the dream of the internet. To have true peer-to-peer communications and be able to conduct trusted commerce with no middlemen.
If you have followed along up to this point, you may have realized how similar this notion of unique addresses is with IPv6 internet and bitcoin. In fact, bitcoin, as designed and released in 2009, solved the problem of having unique addresses for every possible transaction and exchange. With this innovation, bitcoin was the first truly successful implementation of digital cash, which is also a peer-to-peer transaction (in contrast to the bank account analogy, which has middlemen). And though bitcoin the coin (if used properly) is peer-to-peer, the coins themselves were still being passed through the intermediaries1 of our existing IPv4 internet, the ISPs. But with IPv6, we finally have the ability to go fully peer to peer. Meaning we will be able to conduct trade, having complete trust in the other party because they have identified themselves and have a verifiable unique Internet address which is registered to themselves, a natural person. And with the addition of bitcoin addresses, we can have verifiable unique addresses for every unique transaction between each person/device.
Imagine what the future of commerce may look like
Alice in Canada wants to buy something from Bob, who lives in South Africa. They exchange communications through the new internet, using their IPv6 addresses. This, along with sufficient third-party Certification Authorities, which can verify and validate Bob’s identity with his IPv6 address for Alice, means that she can be sure that this address is really Bob’s and vice versa. Then using their identity addresses, through a Diffie Hellman process, they construct a joint pair of one-time (OT) use bitcoin addresses that they will use for this transaction. Alice funds her OT address, then sends the bitcoins to Bob’s OT address by passing the signed transaction directly over the internet to Bob’s client.
There is no ISP in the middle of the internet routing, and there is no bank in the middle of the coin transfer. The transaction is private. There is no way for anyone but Alice or Bob to know that the OT transaction addresses used were for this purpose. But importantly, if compelled by legal authorities to reveal the nature of the trade, either of them will be able to show and prove it because the addresses can be deterministically generated from Alice and Bob’s personal IPv6 addresses and the transaction invoice, which was shared between them.
It can be done if you need to show that this transaction was for certain goods, say for tax reporting. If you need to prove that it wasn’t for something else or with somebody else, you can. If Bob wanted to falsely accuse Alice of stealing, Alice could reveal this transaction to the public. As long as both parties remain honest and the transaction is not illegal, it remains perfectly private. This is what we want—total privacy, but with total transparency.
Most people, when faced with the idea that everyone will have exactly one internet identity address, like a passport or personal ID number, are afraid that this will lead to governmental abuse. Of course, we have all heard of the social credit system enacted in China. But if used properly, with IPv6-powered identity addresses and signed ownership of devices (with each their own IPv6 addresses), we can envision as a system where any device can talk to any other directly, where each party can provably know the natural person at the other end of the wire they are communicating with.
This will lead to a drastic drop in internet fraud and wire fraud occurrences, and honest people will generally not want to communicate with parties who do not want to provable verify their identities.
Additionally, if joint One-Time use Bitcoin addresses are used for transactions, then all transactions are private and cannot be discerned unless one of the parties decides to reveal the details of a transaction. Just knowing a person’s identity address does not allow one to see the transactions in which it participates.
This is the more connected and more honest future, which will see an order of magnitude increase in the number of =https://coingeek.com/bitcoin101/how-are-bitcoin-transactions-processed/digital transactions and trades of goods and services globally. This is the true promise of Web3, enabled by a scalable bitcoin, used in a peer-to-peer fashion, and integrated with legal and identity systems, all using IPv6 addresses as network identifiers. This is the new internet, the connected commercial world.
EOL
Jerry Chan
Wall Street Technologist
NOTE:
[1] Additionally, for the BTC core network, they further engage in the use of intermediaries on the bitcoin network itself, designing wallets that publish signed transactions to the node network and for the recipient to receive their payment through the node network as an intermediary.
Watch: Latif Ladid’s keynote speech: IPv6-Based 5G/6g, IoT and Blockchain
https://www.youtube.com/watch?v=dE3Vsbo1NPs
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.
Thanks to Jerry Chan. Source: https://coingeek.com/the-new-internet/
Or, as Latif Ladid put it, we are approaching the age of IPv6 and, with it, the more colloquially termed age of web3. If you haven’t already caught his talk at the recent Global Blockchain Convention in Dubai, what the advent of web3 promises is the final realization of the internet dream of a truly peer-to-peer network.
Well, unless you were born before the age of Bon Jovi, you wouldn’t know that the internet was not always a welcome idea among the government policymakers and big computing companies at the time it was introduced.
Originally started as a military network, and even after the protocol technology was released to the world, there was a lot of political pushback on introducing an open computer network. Many industry incumbents, such as large telecom and computer companies with a monopoly on computer communications, stood to lose influence. But thanks to the advent of the home PC, and the distribution of computational resources to individual homes, the potential for these nodes to be connected together in some way was a large opportunity. But due to lobbyists, governments (including the U.S.) were against an open internet until 1991, and popularizing the internet was one of the few things that we can actually give Al Gore credit for. It was only then that the development of the World Wide Web and the open internet started to gain popularity over the proprietary network technologies that companies like Novell, IBM, and AT&T were pushing.
We are living in that age now, where we have generations of young people who grew up in the world that started in 1991: the Information Age. Where information is always just ‘at our fingertips’ and floating in the airspace all around us. But the internet has been around for so long now and has become so ubiquitous that many have lost sight of the original dream that it exalted—peer-to-peer communications.
When the tech giants lost control over the network technologies and hardware markets, they shifted to the role of communication intermediaries. Few understand that when you use the internet today, you are not communicating directly with your peer. You are communicating with a proxy company, their internet service provider or ISP, who then forwards those messages to the receiver. This is much like the current banking system. When Alice transfers money to Bob, she just initiates a transfer request to her bank, which then sends instructions to Bob’s bank, and debits and credits are done accordingly. There is actually no involvement of Bob at all. Bob’s money is sitting in an account at Bob’s bank.
Although the banks are legally unable to take Bob’s money, they can refuse to accept transactions incoming to Bob in certain circumstances.
The banks are analogous to ISPs. You rarely, if ever, communicate directly with another network peer. Your ISP could block access to your PC or home devices if it was legally impelled to. This is why currently, while the internet is open, it is not truly peer-to-peer. This is because people don’t have their own publicly addressable Internet address due to the IPv4 address space being entirely staked by large companies and ISPs. With a total address space of just over 4 billion unique addresses and large swathes of the space reserved for private networks, there is no way we could ever give an address to every person on the planet, let alone every electronic device.
IPv4 is akin to real estate on Hong Kong island. Every square inch of the island has already been claimed, and it is the business of large companies to rent out space to individuals through the use of network address translation (NAT). While you are reading this article downloaded from the publisher, the publisher’s host server is actually at an internal address on their ISP, and your PC or mobile phone is speaking through your ISP’s public Internet address. You are both using the internet indirectly through your respective ISP’s service. Your ISPs are the real nodes on the internet, not you nor the publisher of this article.
Nobody cared about this for a long time, because people were only concerned about the messages and whether or not they reached their destination. But for true commerce, we need more than just message passing. We need to have provable legal identities verifiable at the network level.
If IPv4 is like trying to get real estate on Hong Kong island, then IPv6 is real estate on the surface of a Dyson sphere.
As Latif put it:
“If we were to distribute ten million addresses each second, it would take 58,000 years before we would exhaust all the possible unique IPv6 addresses.”
Enough addresses for every person on the planet(s) for all our communicating devices in the foreseeable future. The key point is that, with each person and device having its own unique address, we can finally realize the dream of the internet. To have true peer-to-peer communications and be able to conduct trusted commerce with no middlemen.
If you have followed along up to this point, you may have realized how similar this notion of unique addresses is with IPv6 internet and bitcoin. In fact, bitcoin, as designed and released in 2009, solved the problem of having unique addresses for every possible transaction and exchange. With this innovation, bitcoin was the first truly successful implementation of digital cash, which is also a peer-to-peer transaction (in contrast to the bank account analogy, which has middlemen). And though bitcoin the coin (if used properly) is peer-to-peer, the coins themselves were still being passed through the intermediaries1 of our existing IPv4 internet, the ISPs. But with IPv6, we finally have the ability to go fully peer to peer. Meaning we will be able to conduct trade, having complete trust in the other party because they have identified themselves and have a verifiable unique Internet address which is registered to themselves, a natural person. And with the addition of bitcoin addresses, we can have verifiable unique addresses for every unique transaction between each person/device.
Imagine what the future of commerce may look like
Alice in Canada wants to buy something from Bob, who lives in South Africa. They exchange communications through the new internet, using their IPv6 addresses. This, along with sufficient third-party Certification Authorities, which can verify and validate Bob’s identity with his IPv6 address for Alice, means that she can be sure that this address is really Bob’s and vice versa. Then using their identity addresses, through a Diffie Hellman process, they construct a joint pair of one-time (OT) use bitcoin addresses that they will use for this transaction. Alice funds her OT address, then sends the bitcoins to Bob’s OT address by passing the signed transaction directly over the internet to Bob’s client.
There is no ISP in the middle of the internet routing, and there is no bank in the middle of the coin transfer. The transaction is private. There is no way for anyone but Alice or Bob to know that the OT transaction addresses used were for this purpose. But importantly, if compelled by legal authorities to reveal the nature of the trade, either of them will be able to show and prove it because the addresses can be deterministically generated from Alice and Bob’s personal IPv6 addresses and the transaction invoice, which was shared between them.
It can be done if you need to show that this transaction was for certain goods, say for tax reporting. If you need to prove that it wasn’t for something else or with somebody else, you can. If Bob wanted to falsely accuse Alice of stealing, Alice could reveal this transaction to the public. As long as both parties remain honest and the transaction is not illegal, it remains perfectly private. This is what we want—total privacy, but with total transparency.
Most people, when faced with the idea that everyone will have exactly one internet identity address, like a passport or personal ID number, are afraid that this will lead to governmental abuse. Of course, we have all heard of the social credit system enacted in China. But if used properly, with IPv6-powered identity addresses and signed ownership of devices (with each their own IPv6 addresses), we can envision as a system where any device can talk to any other directly, where each party can provably know the natural person at the other end of the wire they are communicating with.
This will lead to a drastic drop in internet fraud and wire fraud occurrences, and honest people will generally not want to communicate with parties who do not want to provable verify their identities.
Additionally, if joint One-Time use Bitcoin addresses are used for transactions, then all transactions are private and cannot be discerned unless one of the parties decides to reveal the details of a transaction. Just knowing a person’s identity address does not allow one to see the transactions in which it participates.
This is the more connected and more honest future, which will see an order of magnitude increase in the number of =https://coingeek.com/bitcoin101/how-are-bitcoin-transactions-processed/digital transactions and trades of goods and services globally. This is the true promise of Web3, enabled by a scalable bitcoin, used in a peer-to-peer fashion, and integrated with legal and identity systems, all using IPv6 addresses as network identifiers. This is the new internet, the connected commercial world.
EOL
Jerry Chan
Wall Street Technologist
NOTE:
[1] Additionally, for the BTC core network, they further engage in the use of intermediaries on the bitcoin network itself, designing wallets that publish signed transactions to the node network and for the recipient to receive their payment through the node network as an intermediary.
Watch: Latif Ladid’s keynote speech: IPv6-Based 5G/6g, IoT and Blockchain
https://www.youtube.com/watch?v=dE3Vsbo1NPs
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.
Thanks to Jerry Chan. Source: https://coingeek.com/the-new-internet/
Quote
How blockchain and IPv6 will impact future online communities
There’s a lot of knowledge floating around on the internet, but it’s not always easy to find, especially in the blockchain space. Even with Google, many gems get tucked away in Twitter threads, LinkedIn posts, or YouTube videos. As a result, many online communities share news faster than people can verify or even find, leading to many misunderstandings.
In early July 2022, user Ken Shishido transcribed a pertinent clip about IPv6 and blockchain from [ur=https://youtu.be/18ky06XJh_ol]an interview with Latif Ladid[/url], Founder and President of the IPv6 Forum. The transcript gives some insights into changes that impact everyone but mainstream misses:
I started the ipv6 forum back in 1999 when the ipv6 task force at the ITF(Internet Task Force) had released the draft of the IPv6 RFC(Request for Comments) 2460.
It was back in December 1998, and at that time that group had to be dissolved because the work had been finished. So the best way to continue the work is to start the IPv6 Forum in order to disseminate and promote IPv6 deployments around the world.
We knew that the address space back in 1992 was going to be depleted fast because the Internet was opened in 1991 by Al Gore. He basically opened the NFS net which became the first internet. And at that time, we already knew that the ipv4 address space was depleted by 40.
So the call for a new protocol was made by the ITF with an RFC. Then many proposals have been made such as IPv6, IPv7 IPv8 and IPv9. And after five years of work IPv6 was selected and then we started promoting the IPA section.
The first killer application was basically 3g. After 10 years, the ipv4 address space was depleted back in 2011. As a matter of fact on the 2nd of February 2011 and since that time we have run out of central address space.
But the registries and the ISPs still has some so they could still use it up to now but in the meantime we have deployed now IPv6 worldwide. About 45 percent in the world are using it without knowing it. And that’s the purpose of it.
We have the major organizations and the major ISPs and also some governments now are pushing for an IPv6 only by 2025 primarily U.S. governments or the U.S. government networks. They would like to achieve something like 80 IPv6 only by 2025.
After the first inflection point with 3g 4g 5g, blockchain is the next biggest one. Basically, blockchain is designed for IPv6 even people didn’t know that from the start.
It’s an end-to-end solution. There are not many end-to-end solutions on this planet. So some people will think you know it’s a peer-to-peer application. This is beyond peer-to-peer application.
So by using the address space as a source and destination you have the best model of the internet. This is how the Internet had started as an end-to-end model. And we have basically the telecom world made it as a telecom internet by using NAT(Network Address Translation) disrupting the end-to-end model.
IPv6 has restored it exactly for an application like blockchain because it needs the end-to-end model so you can do better job than just as an application you can do it by using the end-to-end model.
In this case, using the IPv6 address on both sides, you can route between the two of them and you don’t need anybody in between to tell you what you’re doing.
Blockchain will add fundamental approach how the internet should be functioning also by making small amounts very tiny amounts which can accumulate for many people that are doing transactions over the Internet.
Payment option was not included in the Internet at the beginning. And I think blockchain with BSV is kind of restoring what did not happen on the Internet at the beginning.
But we will have a lot of work to do you know to educate and to get best practices and push the right messages to governments, to regulators, to the ISPs and other industries.
Because blockchain is not one single solution so you’ve got so many competing solutions today and everyone is claiming victory and so on.
There is a bit of chaos in this area and we would like to support only the one that is going to be the winner with IPv6. And I think the BSV Blockchain is a good one.
BSV Association is very important you know to get the education out there. We have to explain what is BSV and what is blockchain along our common terms because as I mentioned earlier on there’s a lot of education because the confusion has already happened.
So we have to detach BSV Blockchain from all the crypto stuff and so on and so forth. We don’t want to be supporting a kind of royal casino for the entire planet. That’s not the purpose of this work. We want to get everyone to be involved.
Changes that occur without even knowing it
The reason for sharing the above is because a large majority of digital currency, Web3, NFTs, and even blockchain users are barely aware of the moves being made in the background. Especially when it comes to infrastructure upgrades of the internet itself, but that doesn’t stop users from taking advantage of all the benefits.
For the most part, average users don’t need to. However, if you are a builder in this space, it may be vital to understand what’s happening to have confidence in the foundation levels you are building. As this then impacts the communities you serve.
For “community-builders,” this means being aware of the platforms you choose to use if you want to be ‘Web3 native.’ Despite the hype and popularity of chains like Ethereum and Solana, they might not be around if IPv6 technology pairs with a blockchain like BSV.
In the earlier transcription, there’s a line that reveals the realities of the digital infrastructure implementation or upgrades, “About 45 percent in the world are using it [IPv6] without knowing it.” And it may very well be the case for blockchain implementation, regardless of the noise that surrounds all the competing projects on social media and mainstream news.
Blockchain sits one layer deeper than the subsequent application layers we’re used to hearing about—from Silicon Valley unicorns to any other large tech giant that’s made its money from an application.
When it comes to infrastructure, just think about plumbing and pipes. They are relatively unsexy concepts but are pivotal to describing how information flows across the internet via protocols.
Blockchain (and subsequently Bitcoin) serves a purpose in realizing the internet’s full potential, re-enabling true peer-to-peer (or IP-to-IP) communication that should’ve been there decades ago.
Communities & PII
When it comes to online communities, the pairing of IPv6 and blockchain technology means more reliable systems to support online communication (and more). Any resulting trust stems from a straightforward mechanism: transparency and immutability.
Right now, many communities suffer from associated platform hacks, leakages, and, subsequently, the selling of data (e.g., Personally Identifiable Information or ‘PII’). Although this activity is not unique to the internet, IPv6 and blockchain can help reduce such things and make it easier to track or incriminate.
Some may be against being ‘tracked’ because it feels very Orwellian. However, suppose everyone shares the same base layer (e.g., a single blockchain), can own personal data, and firewall their PII. In this case, you secure privacy while benefiting from a publicly shared ledger. It is similar to how we all use the same internet.
Anonymity & criminal behavior
According to Eric Roberts, a professor of Computer Science at Standford University, his research into anonymity and criminal tendencies have shown that anonymity almost always leads to criminal behavior. And the reason for this makes sense once you think it through to its completion:
Anonymity, because it inherently removes a person’s association with his actions, allows conduct without consequence, and therefore non-accountability; likewise, when fully identified, a person can be tracked down and punished for his behavior. If a member of a community is not accountable for his own actions, he can commit crime without consequence. It makes sense, then, that crime is more likely when punishment is not a risk. In the case of pseudonymity, even if punishment of the person is impossible, the reputation of the pseudonym within the community will suffer, as other members will know to avoid him.
And it is this distinction between anonymity and [ur=https://coingeek.com/blockchain-privacy-explained/l]pseudonymity[/url] that people interchange unknowingly. While the idea of anonymity may sound like fun initially, research has shown that it eventually leads to harmful or destructive community behavior.
For communities to feel ‘safe,’ they need to know they can trust what they’re using. While trust comes in various forms, if the base technology layer is shaky, everything else contributes to an eventual distrust of the whole. You can see symptoms manifesting with the rise in cybercrimes, platform hacks, and various other issues.
Watch: Dr. Craig Wright’s keynote speech: A Better Internet with IPv6 and BSV Blockchain at the BSV Global Blockchain Convention
https://www.youtube.com/watch?v=EdhD4sRrHPs
Thank you to George Siosi Samuels. Source https://coingeek.com/how-blockchain-and-ipv6-will-impact-future-online-communities/
The answer is just do SPV correct, Satoshi told ya
https://youtu.be/-j9Kvvm2xxc
Why Merkle tree,
Why ordering
Why BerkeleyDB
Why all those Op_codes
...
There are answers- but not SegWit coin
https://youtu.be/-j9Kvvm2xxc
Why Merkle tree,
Why ordering
Why BerkeleyDB
Why all those Op_codes
...
There are answers- but not SegWit coin
Yes is correct. That said I don't know if BlockStream really understand Bitcoin or if he does it on purpose...
Quote
"BlockStream CEO admits that BTC is broken and needs to be fixed (likely with inflation of the 21M coin cap or Proof of Stake), but don't worry he says there is no plan and to "just buy and stay calm":
And to say that for all these years these guys have been misleading the consumer by selling them BTC as real Bitcoin. I wonder if this deception is justiciable?
[/size]
Quote
"If you look at the 45 largest exchanges and you do a complete analysis of the spread with how much is available in BTC....
There are 29,218,476 BTC for sale today."
https://twitter.com/cryptorebel_SV/status/1539315517915164673
There are 29,218,476 BTC for sale today."
https://twitter.com/cryptorebel_SV/status/1539315517915164673
Re: ☠️ If you own Bitcoin or cryptoshitcoins, use AMD or INTEL then you should read
Quote
☠️ If you own Bitcoin or cryptoshitcoins, use AMD or INTEL then you should read this....
Scientists from the University of Texas at Austin, the University of Illinois at Urbana-Champaign and the University of Washington say that attackers can use a vulnerability called "Hertzleed" to gain access to private keys in cryptographic libraries.
The problem has been identified in Intel's 8th to 11th generation desktop and laptop chips based on the Core microarchitecture, as well as AMD Ryzen chips based on the Zen 2 and Zen 3 architectures. The vulnerability was reported by Tom's Hardware Computer Division.
Earlier this year, Intel introduced its own processor for cryptocurrency mining.
Hertzleed attack
Hertzbleed is a new type of side-channel attack based on dynamic frequency management features (hence the name: Hertz (Hertz) and bleed (data suppression)). The study states:
"In the worst case, these attacks allow access to cryptographic keys on remote servers by analysing the computation time in cryptographic libraries. Previously, these libraries were considered hacker-proof.
The Hertzbleed attack analyses the dynamic frequency under various workloads and breaks the encryption by guessing and manipulating the ciphertext.
Dynamic frequency and voltage scaling (DVFS) is a feature that reduces power consumption. However, attackers can understand the difference in power consumption by analysing the server response time to certain requests.
"Hertzbleed is a real and practically possible security threat," the researchers noted.
How to protect yourself
Intel and AMD currently have no plans to deploy Hertzleed firmware patches, but there are steps users can take themselves.
Chip manufacturers advise disabling dynamic frequency control to protect against Hertzbleed. On Intel processors it is called Turbo Boost, and on AMD it is called Turbo Core or Precision Boost. Companies are confident that this will not affect processor performance.
According to senior director of public relations and incident response Jerry Bryant, this attack has no practical application outside the lab, as it would take an hour or even days to steal the keys. He also added that "cryptographic solutions that are immune to side-channel power analysis attacks are not affected by this vulnerability.
https://www.tomshardware.com/news/intel-amd-hertzbleed-cpu-vulnerability-boost-clock-speed-steal-crypto-keys/
https://www.reddit.com/r/bitcoincashSV/comments/vdlsv2/if_you_own_bitcoin_or_cryptoshitcoins_use_amd_or/
Scientists from the University of Texas at Austin, the University of Illinois at Urbana-Champaign and the University of Washington say that attackers can use a vulnerability called "Hertzleed" to gain access to private keys in cryptographic libraries.
The problem has been identified in Intel's 8th to 11th generation desktop and laptop chips based on the Core microarchitecture, as well as AMD Ryzen chips based on the Zen 2 and Zen 3 architectures. The vulnerability was reported by Tom's Hardware Computer Division.
Earlier this year, Intel introduced its own processor for cryptocurrency mining.
Hertzleed attack
Hertzbleed is a new type of side-channel attack based on dynamic frequency management features (hence the name: Hertz (Hertz) and bleed (data suppression)). The study states:
"In the worst case, these attacks allow access to cryptographic keys on remote servers by analysing the computation time in cryptographic libraries. Previously, these libraries were considered hacker-proof.
The Hertzbleed attack analyses the dynamic frequency under various workloads and breaks the encryption by guessing and manipulating the ciphertext.
Dynamic frequency and voltage scaling (DVFS) is a feature that reduces power consumption. However, attackers can understand the difference in power consumption by analysing the server response time to certain requests.
"Hertzbleed is a real and practically possible security threat," the researchers noted.
How to protect yourself
Intel and AMD currently have no plans to deploy Hertzleed firmware patches, but there are steps users can take themselves.
Chip manufacturers advise disabling dynamic frequency control to protect against Hertzbleed. On Intel processors it is called Turbo Boost, and on AMD it is called Turbo Core or Precision Boost. Companies are confident that this will not affect processor performance.
According to senior director of public relations and incident response Jerry Bryant, this attack has no practical application outside the lab, as it would take an hour or even days to steal the keys. He also added that "cryptographic solutions that are immune to side-channel power analysis attacks are not affected by this vulnerability.
https://www.tomshardware.com/news/intel-amd-hertzbleed-cpu-vulnerability-boost-clock-speed-steal-crypto-keys/
https://www.reddit.com/r/bitcoincashSV/comments/vdlsv2/if_you_own_bitcoin_or_cryptoshitcoins_use_amd_or/
Do not take this lightly. All hot wallets of all exchanges (and more) are directly affected.
Never leave your cryptos online, on exchanges. Privilege a cold wallet, or offline wallet, even paper wallet are more efficient.
Quote
☠️ If you own Bitcoin or cryptoshitcoins, use AMD or INTEL then you should read this....
Scientists from the University of Texas at Austin, the University of Illinois at Urbana-Champaign and the University of Washington say that attackers can use a vulnerability called "Hertzleed" to gain access to private keys in cryptographic libraries.
The problem has been identified in Intel's 8th to 11th generation desktop and laptop chips based on the Core microarchitecture, as well as AMD Ryzen chips based on the Zen 2 and Zen 3 architectures. The vulnerability was reported by Tom's Hardware Computer Division.
Earlier this year, Intel introduced its own processor for cryptocurrency mining.
Hertzleed attack
Hertzbleed is a new type of side-channel attack based on dynamic frequency management features (hence the name: Hertz (Hertz) and bleed (data suppression)). The study states:
"In the worst case, these attacks allow access to cryptographic keys on remote servers by analysing the computation time in cryptographic libraries. Previously, these libraries were considered hacker-proof.
The Hertzbleed attack analyses the dynamic frequency under various workloads and breaks the encryption by guessing and manipulating the ciphertext.
Dynamic frequency and voltage scaling (DVFS) is a feature that reduces power consumption. However, attackers can understand the difference in power consumption by analysing the server response time to certain requests.
"Hertzbleed is a real and practically possible security threat," the researchers noted.
How to protect yourself
Intel and AMD currently have no plans to deploy Hertzleed firmware patches, but there are steps users can take themselves.
Chip manufacturers advise disabling dynamic frequency control to protect against Hertzbleed. On Intel processors it is called Turbo Boost, and on AMD it is called Turbo Core or Precision Boost. Companies are confident that this will not affect processor performance.
According to senior director of public relations and incident response Jerry Bryant, this attack has no practical application outside the lab, as it would take an hour or even days to steal the keys. He also added that "cryptographic solutions that are immune to side-channel power analysis attacks are not affected by this vulnerability.
https://www.tomshardware.com/news/intel-amd-hertzbleed-cpu-vulnerability-boost-clock-speed-steal-crypto-keys/
https://www.reddit.com/r/bitcoincashSV/comments/vdlsv2/if_you_own_bitcoin_or_cryptoshitcoins_use_amd_or/
Scientists from the University of Texas at Austin, the University of Illinois at Urbana-Champaign and the University of Washington say that attackers can use a vulnerability called "Hertzleed" to gain access to private keys in cryptographic libraries.
The problem has been identified in Intel's 8th to 11th generation desktop and laptop chips based on the Core microarchitecture, as well as AMD Ryzen chips based on the Zen 2 and Zen 3 architectures. The vulnerability was reported by Tom's Hardware Computer Division.
Earlier this year, Intel introduced its own processor for cryptocurrency mining.
Hertzleed attack
Hertzbleed is a new type of side-channel attack based on dynamic frequency management features (hence the name: Hertz (Hertz) and bleed (data suppression)). The study states:
"In the worst case, these attacks allow access to cryptographic keys on remote servers by analysing the computation time in cryptographic libraries. Previously, these libraries were considered hacker-proof.
The Hertzbleed attack analyses the dynamic frequency under various workloads and breaks the encryption by guessing and manipulating the ciphertext.
Dynamic frequency and voltage scaling (DVFS) is a feature that reduces power consumption. However, attackers can understand the difference in power consumption by analysing the server response time to certain requests.
"Hertzbleed is a real and practically possible security threat," the researchers noted.
How to protect yourself
Intel and AMD currently have no plans to deploy Hertzleed firmware patches, but there are steps users can take themselves.
Chip manufacturers advise disabling dynamic frequency control to protect against Hertzbleed. On Intel processors it is called Turbo Boost, and on AMD it is called Turbo Core or Precision Boost. Companies are confident that this will not affect processor performance.
According to senior director of public relations and incident response Jerry Bryant, this attack has no practical application outside the lab, as it would take an hour or even days to steal the keys. He also added that "cryptographic solutions that are immune to side-channel power analysis attacks are not affected by this vulnerability.
https://www.tomshardware.com/news/intel-amd-hertzbleed-cpu-vulnerability-boost-clock-speed-steal-crypto-keys/
https://www.reddit.com/r/bitcoincashSV/comments/vdlsv2/if_you_own_bitcoin_or_cryptoshitcoins_use_amd_or/
🍿 Do not take this lightly. All hot wallets of all exchanges (and more) are directly affected.
Never leave your cryptos online, on exchanges. Privilege a cold wallet, or offline wallet, even paper wallet are more efficient.
Get your Dr. Craig S. Wright NFT exclusively with FabriikX
Toronto, Canada, 15 June 2022: Mayson Heald launches her second NFT Collection, ‘Vision’ with FabriikX. This collection is derived from a portrait drawing of nChain’s Chief Scientist, Dr. Craig S. Wright.
The Vision collection consists of a series of portraits of Bitcoin inventor, Dr. Craig S. Wright. The inspiration for this collection comes from Mayson, observing Dr. Wright’s appearances at the London CoinGeek Conference in 2020.
Contemporary artist and NFT creator Mayson Heald said: “I wanted to capture in the drawing Dr. Wright, an important historical figure with a relaxed, informal presence as he was listening to fellow Conference attendees discuss topics of the day.”
“This NFT collection brings a classical background into the digital world. I have taken my drawing of Dr. Wright and extended it into an experimental series, using basic digital tools, to combine traditional and abstract expression together.”
The NFTs have been minted by FabriikX directly onto the BSV blockchain. With the NFT market booming with artists producing and creating projects on several platforms, FabriikX is a curation-focused marketplace where artists are visible and supported to promote their work. It also provides a secondary market, enabling artists and collectors to connect directly to buy, sell, and resell digital collectibles. And, as FabriikX is built on the BSV blockchain, it can offer some of the lowest minting fees available today. The average cost of minting is $0.0006/byte, making it one of the most lucrative marketplaces for artists to mint their work.
Commenting on FabriikX’s latest drop, Lior Cyngiser, Business Operations Lead said: “FabriikX prides itself on providing a platform where artists and content creators can highlight their work that memorializes moments of history and has cultural relevance. Mayson’s latest collection, Vision, does just that. We continue to strive to create the best curated multi-sensory NFT marketplace.”
Mayson commented: “FabriikX is a well-designed platform that works to optimize the power of the BSV blockchain. It allows large, secure scaling and gives the artist full ownership and autonomy over their work. By using the BSV blockchain, FabriikX enables access to the creative NFT community without substantial fees. All aspects here are amazing features.”
About FabriikX
FabriikX is a new kind of NFT marketplace built on the power of the BSV blockchain. It offers curated-focused, exclusive NFTs from top creators, and new creatives as well as content from the best inventive minds in the digital collectibles’ community.
To Fabriik, NFTs are much more than just digital collectibles; they are experiences that connect collectors with the creators and communities they care about most.
FabriikX offers a secondary market so customers can buy, sell, and re-sell NFTs with no minting or transfer fees, directly with other collectors, and get paid instantly. Plus, all data lives on-chain.
Currently live on the FabriikX platform reside 856 NFTs with over 18500 editions available for sale.
About Fabriik
Fabriik is a digitally powered financial technology company made up of people committed to unlocking the power of blockchain technology to make participating in the future of money, a reality today.
Fabriik’s vision is for everyone, everywhere to be able to reimagine prosperity in the digital economy. So, it is creating tools and services that empower people to buy, sell, store, and trade digital assets easily, securely, and transparently.
For more information, please contact:
Key contact: Haris Khan
Email: press@fabriik.com
Mobile: +44 (0) 7503 581 563
See https://fabriikx.com/explore/drawing-1.
Source: https://coingeek.com/get-your-dr-craig-s-wright-nft-exclusively-with-fabriikx/
Quote
⚖️ Bitcoin Association for BSV – Tulip Trading Ltd. Settlement Statement and FAQ
In response to the settlement between Bitcoin Association and Tulip Trading Ltd. this week, we have prepared a statement and answers to the most frequently asked questions that we and our representatives are receiving. Read more:
https://bitcoinassociation.net/bitcoin-association-for-bsv-tulip-trading-ltd-settlement-statement-and-faq
Quote
A simpler and cheaper smart contract language
Bitcoin Association for BSV has launched a sCrypt introduction page to detail the language's opportunities, how you can use it, and how much cheaper it is than other smart contract languages.
sCrypt is a high-level smart contract language and it's very similar to Ethereum's Solidity, although Solidity is not Ethereum's base language, rather its opcodes.
With sCrypt you can:
Expect around a 10,000 times price decrease compared to an Ethereum smart contract
sCrypt is also Turing complete, which means it can do every aspect of coding language that Ethereum can do
Rely on a scalable system because Bitcoin is a UTXO-based system, which means every transaction is its own entity
Bitcoin Association has decided to move to sCrypt as the official language for Bitcoin SV. We highly encourage you to use it to write your own smart contracts, may it be a DAO, a voting system, a fund lock-up system, or a banking app.
Check out the sCrypt introduction page today to see the range of possibilities you can explore with the new focus language of BSV.
https://bitcoinsv.com/scrypt/
Bitcoin Association for BSV has launched a sCrypt introduction page to detail the language's opportunities, how you can use it, and how much cheaper it is than other smart contract languages.
sCrypt is a high-level smart contract language and it's very similar to Ethereum's Solidity, although Solidity is not Ethereum's base language, rather its opcodes.
With sCrypt you can:
Expect around a 10,000 times price decrease compared to an Ethereum smart contract
sCrypt is also Turing complete, which means it can do every aspect of coding language that Ethereum can do
Rely on a scalable system because Bitcoin is a UTXO-based system, which means every transaction is its own entity
Bitcoin Association has decided to move to sCrypt as the official language for Bitcoin SV. We highly encourage you to use it to write your own smart contracts, may it be a DAO, a voting system, a fund lock-up system, or a banking app.
Check out the sCrypt introduction page today to see the range of possibilities you can explore with the new focus language of BSV.
https://bitcoinsv.com/scrypt/
Hi ETHEREUM community. Here is a revolutionary process. This is a new solution to lower ETH fees. Code assimilation is an innovative process. I encourage all developers and companies to use the solutions presented to ensure a sustainable future for their work.
⭐ Merited by hv_ (4)
Quote
A simpler and cheaper smart contract language
Bitcoin Association for BSV has launched a sCrypt introduction page to detail the language's opportunities, how you can use it, and how much cheaper it is than other smart contract languages.
sCrypt is a high-level smart contract language and it's very similar to Ethereum's Solidity, although Solidity is not Ethereum's base language, rather its opcodes.
With sCrypt you can:
Expect around a 10,000 times price decrease compared to an Ethereum smart contract
sCrypt is also Turing complete, which means it can do every aspect of coding language that Ethereum can do
Rely on a scalable system because Bitcoin is a UTXO-based system, which means every transaction is its own entity
Bitcoin Association has decided to move to sCrypt as the official language for Bitcoin SV. We highly encourage you to use it to write your own smart contracts, may it be a DAO, a voting system, a fund lock-up system, or a banking app.
Check out the sCrypt introduction page today to see the range of possibilities you can explore with the new focus language of BSV.
https://bitcoinsv.com/scrypt/
Bitcoin Association for BSV has launched a sCrypt introduction page to detail the language's opportunities, how you can use it, and how much cheaper it is than other smart contract languages.
sCrypt is a high-level smart contract language and it's very similar to Ethereum's Solidity, although Solidity is not Ethereum's base language, rather its opcodes.
With sCrypt you can:
Expect around a 10,000 times price decrease compared to an Ethereum smart contract
sCrypt is also Turing complete, which means it can do every aspect of coding language that Ethereum can do
Rely on a scalable system because Bitcoin is a UTXO-based system, which means every transaction is its own entity
Bitcoin Association has decided to move to sCrypt as the official language for Bitcoin SV. We highly encourage you to use it to write your own smart contracts, may it be a DAO, a voting system, a fund lock-up system, or a banking app.
Check out the sCrypt introduction page today to see the range of possibilities you can explore with the new focus language of BSV.
https://bitcoinsv.com/scrypt/
~~~
I can assure you there's no sarcasm in my post
~bla bla bla
Yeah yeah. So, in addition to lying you are a hypocrite. Bye bye 👋
I'm helping someone recover BSV sent to pubkey in 2010. For several other Forkcoins, I managed to do this by downloading the full client (Forked from Bitcoin Core), importing the pubkey, and syncing. For BSV, I can't get it to work. It seems like it's not just a Fork from Bitcoin Core, and I can't get it running.
Any help recovering those 12 year old BSVs is appreciated
Any help recovering those 12 year old BSVs is appreciated
Maybe this documentation may help you...
https://electrumsv.readthedocs.io/en/sv-1.3.13/problem-solving/coin-splitting.html
Quote
"As a side exercise", Dr. Wright plans to run every other crypto blockchain protocol on Earth on the #BitcoinSV ledger within 12 months, this includes the entire Ethereum network, IBM hyperledger, BTC, Polkadot, hashgraph, etc, will all be run "for free".
https://youtu.be/BnPiH6OLLa0?t=1148
This will show you how useful scaling is. BSV Bitcoin protocol evolve the world.
Wright has ~bla ~~bla ~bla
Quote
Hey bitcoinPsycho the psychopath of service,
You have not noticed that the so-called crypto media that create trends in unison (and that belong to the same networks) distill multitudes of trends, articles more or less cobbled together, to direct economic interests, create manipulations, lie openly, manipulate markets in particular, it is certainly not to you that I am going to teach you. If you believe in what you believe, then good for you, it only confirms you in your ultracrepidarian world.
That we do not share the same opinion is a fact. For more than two years you have been playing the same refrain here in this thread, broken record, misinforming, acting vilely, viciously with your friends with conflicting economic interests and are not even able to tell the difference in a computer code, nor even commission a technical audit to support and prove your public and repeated misinformation on several public networks. Yes, BTC is not Bitcoin since Core & Blockstream, self-proclaimed maintainers of Bitcoin code, have disassembled the included functions of the Bitcoin code, openly modified the protocol several times, and created, deployed and incremented factual patches to problems they themselves created, all to justify astronomical and unnecessary salaries.
By the way, why did MasterCard create an incubator of shell companies and take a significant stake in everyone from Blockstream, Coinbase, Kraken, BitGo and Lightning Labs? Do you think MasterCard really liked the idea of an unstoppable, decentralized, frictionless payment network?
Don't play that game.
As for Craig Wright, what he is creating is beyond what you who are "hidden" on your uncle's boat, not even able to perform in a basic game of find the 7 errors, will ever be able to match.
By the way, did you know that the Bitcoin.com domain name was purchased with Craig Wright's personal credit card? I'm not telling you this because you already knew.
Your frustration transcends you, and by far, see your written history in this forum. Do yourself a favor, disconnect indefinitely from this place, go out, meet real people, and breathe life, because we are all just passing through on Earth.
You have not noticed that the so-called crypto media that create trends in unison (and that belong to the same networks) distill multitudes of trends, articles more or less cobbled together, to direct economic interests, create manipulations, lie openly, manipulate markets in particular, it is certainly not to you that I am going to teach you. If you believe in what you believe, then good for you, it only confirms you in your ultracrepidarian world.
That we do not share the same opinion is a fact. For more than two years you have been playing the same refrain here in this thread, broken record, misinforming, acting vilely, viciously with your friends with conflicting economic interests and are not even able to tell the difference in a computer code, nor even commission a technical audit to support and prove your public and repeated misinformation on several public networks. Yes, BTC is not Bitcoin since Core & Blockstream, self-proclaimed maintainers of Bitcoin code, have disassembled the included functions of the Bitcoin code, openly modified the protocol several times, and created, deployed and incremented factual patches to problems they themselves created, all to justify astronomical and unnecessary salaries.
By the way, why did MasterCard create an incubator of shell companies and take a significant stake in everyone from Blockstream, Coinbase, Kraken, BitGo and Lightning Labs? Do you think MasterCard really liked the idea of an unstoppable, decentralized, frictionless payment network?
Don't play that game.
As for Craig Wright, what he is creating is beyond what you who are "hidden" on your uncle's boat, not even able to perform in a basic game of find the 7 errors, will ever be able to match.
By the way, did you know that the Bitcoin.com domain name was purchased with Craig Wright's personal credit card? I'm not telling you this because you already knew.
Your frustration transcends you, and by far, see your written history in this forum. Do yourself a favor, disconnect indefinitely from this place, go out, meet real people, and breathe life, because we are all just passing through on Earth.