Buttcoin V3 and the death of 0 sat UTXO's
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
18xXxqZbcMGzJUdvTSMj7VbqmyesZCa31p VerifiedNobody has ever convincingly explained to me how $1 sats (possible at scale) don't completely turbo-fuck micropayments either, or what the solution is
Can anyone explain how this isn't an issue? @573 once tried to explain on Discord, but it didn't make sense to me. Something about batching or idk
You would need all the money in the world, and galaxy for the marketcap to allow for $1 per sat
I mean, either that is the goal or 0 is the conclusion, right?
The fact is, unless I'm wrong, BSV cannot actually function at global scale. AI says they'd have to hard fork to 24 decimals to future proof it for micro/nanopayments.
Don’t worry it was thought out well prior to its creation
Can you explain how it works then, briefly?
Let me find it for you so you can get the correct info
The decimal place moves been explained by CSW and most recently sir toshi in detail on his YouTube channel go check it out.
If I remember right Craig was against hard forking to increase decimals on twitter recently. So, I'm still not sure what the solution is.
The decimal can go lower
Again, I remember Craig recently saying that it cannot. Someone posted an image of a supposed quote by him saying that, and he said it wasn't true.
See here:
So, Craig claims that there are solutions he has but doesn't actually name any of them. But for sure - it isn't "Hard fork to more decimals", according to Craig.
Regardless of all of this, Craig has created a system out of BSV that is NOT whitepaper Bitcoin. True Bitcoin still does not exist anywhere.
imo you’d need to change protocol and sats on a tx would be 8 bytes instead of 4 bytes
this is one of those good problems. the economy should not even be worth 1 quadrillion dollars if it is then dollars are probably worthless.
I don't know actually a quadrillion is only a thousand Trillion so we would just have to 10x the Global GDP to reach