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- copy everyone's coins
copy paste......?????
how did BCH do it or anyone else do it?
it's a public blockhain..... anyone can ??????
the question is so basic to how this network works i don't even know what to say , i'm dumb struck
- compensate developers and investors by diluting the extranonce 2009 sequence
diluting would imply * adding *or * increasing * bitcoin supply. This phrasing is loaded.
ecash will be Giving...GIVING... read that word out loud...ecash coins TO Satoshi ON the eCash network
- minimize code departure from existing Bitcoin ?
this betrays real ignorance about the project, but you asked in good faith i hope
CUSF Core Utouched Soft Fork is an enforcer that allows inheriting Core ...untouched.
Look at that ! it's in the name !
so any future "improvements" core makes, ecash will get, plus many more valuable features through sidechains, such as vaults or almost any other applicable or experimental technology in computer science, including filecoin/ipfs/Prediction market oracles/zk/PQ/+.
If the user market finds these useful, they get ack'd and seamlessly integrated
NOT IF SOME CONCLAVE OF MOMS-BASEMENT DWELLERS CHOOSE IT ON CORE
btw you can also ask these of the Atreides LLM on ecash.com, its pretty good on primers about the technology.
and paul has recently put together a technical brief about the fork itself
https://github.com/ecash-com/fast-facts
and on satoshis coins
in general, I recommend that you not be so eager to alienate people, especially in the current sociopolitical climate
????????????
lol WHAT could this mean.....lollolollol
fine... i will reply with more precise pointers
"just explain ten years of the project and everything that is already explained on ecash.com"
no, do your own homework
if you don't know the answer to these things that have been discussed in public and easily available, then at most you should be neutral
the instinctive reaction by modern bitcoiners to dismiss anything not bitcoin is an evolutionary dead end
being pissed off about technical differences without technical arguments for this is an irrational
its not stealing satoshi's coins, its giving satoshi and everyone else already on bitcoin, coins on a new network with better capabilities
you. your post. the replies to it, are all evidence of the cultural risk:
non technical arguments, ignorance, or outright lying
in the hands of a few influential people they become political risk. Drivechains mitigate these risks, they do not get rid of them nor is that the intent.
lightning doesn't scale and if bitcoin doesn't scale, it dies or gets replaced by something that does. period.
States and competing chains have not really even begun attacking bitcoin yet. Retardation like Bip110 is just a small example of the kind of signal corruption and time waste states and bad actors are capable of were they to really try.
Drivechains ends THAT kind of politics.
Through crack smoking like yours and particularly the poisons introduced by peter todd and luke dashjr into the development history, bitcoin is already 42% sick.
42% of the total market and activity is outside bitcoin and at best your solutions try to pay LESS total fees to the miners securing it.
bitcoin is not perfect and has and will change
How should this change happen? The current process is broken, political and slow. DC allows market/user choice. Individual opt-in to changes that leave the base layer untouched, and on which you can stay if you want.
Politics will reappear, the point of BIP300/ecash is not to end or escape politics but to channel it constructively and in ways that those who risk most profit most or learn why they are wrong.
Current Bitcoin devs can get jobs doing something else if bitcoin fails. peter todd and others have stated this repeatedly, that if changes to bitcoin they don't like are made they will do something else. Please Go. Shooooo!
The difference is between the current centralized papist/cardinal enclave like decision making of core, BIPs on github, and influence brokers, like catholic Europe, versus the free enterprise of protestant America.
Is it not obvious that millions of currently silenced devs will be more rational, more creative, more ecosystem saving, than a few privileged-to-have-been-early OG's blowing white smoke out of their ass to approve or disapprove certain things on bitcoin?
After fork day, sell me your ecash, and we will cut off your head off with it. (metaphorically)
for sure, and for the record i am not trolling, it just appears like my humor at their expense is trolling because my opposition are all clowns
"LN can be improved" for ten years
just another ten years and funding for your kids college right ?
ecash will end all these useless dev subsidy programs and generate real innovation
Drivechains are just a custodial federation where miners control the funds. This has negative impact on the miner's main job which is to advance the chain without any reorgs or empty blocks.
false, lightning based cashu is a custodial fedimint where mints have control over the IOU's they print for your sats, drivechains are not, this is either a technically inept interpretation unfamiliar with the mechanism at play or outright dishonesty. A six month poll vote on the state or shape of something is not control or a fedimint.
However, this combination of incentives is fatal. Bitcoin ALREADY suffers with having insufficient fees on the
it would be if that was what drivechain was, but its not so its not fatal. BMM drives MORE fees to L1 because each tx on a L2 is a fee paying L1 tx, whereas lighting can have an arbitrary number L2 tx's between old and heavy channel maintainers that do not reflect in their final settlement on L1. All while being trusted and custodial.
Drivechains maintains self-custody AND each tx is reflected is proportionally mirrored by a fee paying and thus security/network supporting tx on L1
Obviously I'm alluding to Drivechains and I've been doing a deep dive on them for a while and I'm still not fully comfortable with how it could work
comfort is not a technical argument...
what specifically is wrong with blind merged mining and a six month public miner poll vote on some outcome?
His proposal involves allocating roughly half of Satoshi's untouched coins to seed the new network and fund early insiders
Incorrect, it gives satoshi half the coins on * a new network * he did not create, as a gift.
It's the opposite of shitcoin tokenomics with hidden or complicated vesting mechanisms because it is a onetime public allocation everyone knows about and do not mind because the rest of the network will be so useful, inherit Core, all past and future bitcoin properties or advancements, and much more, and leave their personal stake untouched.
Personally I think there does need to be change, but levelling that with the cries of don't tinker with it makes for an unwinnable outcome, which again leads to inaction
then you support drivechains and ecash because it will ossifi and reduce L1 size moving changes to L2 's which will be adopted based on their market demand by fee paying users.
What you want is what we all, and any rational user wants, and is exactly what ecash will do and what bitcoin could do tomorrow with CUSF if not for the real infection in this culture.
Spark is an infection
wrong. Spark and other centralizing technologies are the only possible outcomes given the constraints of LN design. It may be dressed up in different ways over the years, the BDSM leather of LSP's the sexy nurse lingerie of Spark, but at the end of the day a pig in lipstick is still a pig
I didn't become an eCasher lol
you are an ecasher and not a bitcoiner because you are thinking and not stuck in the priors of a cult formed before you were even interested in crypto. Like most Religion if you come from a non religious background, all religions appear mutually nonsensical. Suddenly being thrown into one leaves you confused at why they all hate eachother for mildly different versions of their sky daddy.
The more a country or project moves away from fanatical doctrine, the wealthier they become, because creativity and wealth are to be found in the pluralist zone between extremes. Unlike Bitcoin right now (without CUSF), eCash scales and so you will be an ecasher the day some bodega you shop at is using a sovereign high throughput ecash based app that they may not even know is ecash, whether you know it or not either.
These technical arguments and debates will fade into the background, the way no one argues over the merits of A/C versus D/C current anymore or goes around killling elephants with electricity in public displays to show the dangers.
This was always the mission of bitcoin.
PEER TO PEER CASH
As Paul has described, Bitcoin culture in 2016 to 2026 is like a country where the people do this weird thing of sacrificing their children and then complaining about their declining population. Along comes someone who say's "Hey, you don't need to do that." and then there is ten years of debate about whether its good to kill these children anymore, and if its really the cause of the declining population (adoption). Lightning is like this country responding, "What if instead of killing the children, we break all their legs instead?!". Progress....but not really.
For centuries in India, they did animal sacrifices, but then non theist movements like Jainism and Buddhism emerged, and various substitution rituals spread where the sacrificial victim, the goat or whatever, no longer needed to be killed to appease the deity, it just needed to see the pole it would have been attached to and killed from, had they not stopped doing that.
Based on technical merits, all the arguments against Drivechains, opcodes, soft forks over the years have been this stupid and ecash/CUSF are the substitute ceremonies that stop killing the children or breaking the legs, and release bitcoin to take over the world.
Having your funds forward only to a back up multisig address
and/or timelock sent to that adress after a certain period if you lose your main seed
is theater...
people here seem to respect your opinion as a dev for some reason, and its a sign of how dumb bitcoin development has become i believe
this is all indistinguishable from someone not knowing what the fuck they are doing