Nostr Web Client

what's amusing is you say "decentralized" in the same paragraph where you say "but not everyone can run their own node". You justify that by saying "well, not everyone has to". But all you're really doing is contracting yourself.

If not everyone can run a node, then it's not trustless. It's really quite simple and has nothing to do with "banker talking points". I knew that I wanted to be able to validate the chain myself long before the "bankers" were involved in bitcoin. Before bcash was created, adding yet another failed contentious hardfork.

There is a reason that bcash is down 98%. And it's not "talking points". It's because many of us who have studied enough to understand what's important in a monetary network realize that bcash is a centralized garbage shitcoin.

Bitcoin only. You'll learn, one way or the other.

BitcoinStu 1y ago

as far as "being duped" you apparently don't know what that means. I understand bitcoin deeply after a decade of intense study. I have an opinion based on facts and experience. You might disagree with me, and that's fine, but I have not been "duped". I just require certain things in a monetary network if I am going to store my family's wealth in it. And cheap and easy validation is one of those things.

Bcash is not trustless and therefore I am not interested. I have not been "duped" into believing bcash is not trustless, I KNOW it based on understanding the technology.

If you are comfortable with a network you cannot validate, good for you. Best of luck with that. Personally I am not and I will continue to run the network who's code I run on my laptops. You can call it "fake bitcoin" I dont care what you call it. I don't care what the "original design" was. I know what the code says because I've read it. That's the network I choose, the one I can validate myself. It's really quite simple.

You might again say I've been "duped" into believing i need to validate the network myself. I believe you've been duped into believing you don't need to be able to.

Different opinions. The biggest difference you can see is that your network is down 98% when priced in my network. The market appears to agree with me.

Good luck with your bcash, I'll stick with bitcoin.

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BitcoinStu 1y ago

"using your own wallet you can validate your own holding on the chain". This is not true and suggests you do not understand the technology all that well.

Without a full node validating the entire chain your "wallet" must rely on a 3rd party node to provide it the data. You cannot validate your own "holdings" without a full node with the entire chain validated.

In other words, bcash is not trustless.

BitcoinStu 1y ago

again I do not care what you call it. I will continue to use the network that I can run myself on my laptop. I don't care that you say I don't need to, I have a different opinion. I will not use a network that I cannot validate myself. You are welcome to call it whatever you like. But the broader world calls that network bitcoin, so that's what I call it so people know what I'm talking about.

You, who are trying to deceive people, try to confuse them by calling the network with all the hashrate and market cap something else, and calling your failed contentious hardfork with no use and empty blocks "bitcoin".

Those are just names. For me, it's the one with the small blocks I am interested in.