Peck by BrendanM

1HtFZk…WH79 Key · twetch

Where is a good place to start learning more about crypto currencies? What's the difference between BTC, BCH, and BSV (or are they the same)? What is important about those differences?

What the chain says

Transaction: 772eefccf210892cfe574ff419381edb6f719400c4c9d16c958c15bda586ea25
Block: 664 999
Time: 2020-12-10T15:04:02Z
Signer: 1HtFZkiCaAgs1bGgQ5krq59jw64KyVWH79
App: twetch
Type: post
Content type: text/plain

Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.

Signed by 1HtFZkiCaAgs1bGgQ5krq59jw64KyVWH79 Verified

Replies (9)

pxl 5.8y

1F5pti…gQC3 Key · twetch

Replying to@1HtFZk…WH79

I learned a lot here from Twetchperts.

twetch#4046 5.9y

Love this.. Bitcoin's timeline. BSV is the ticker that will change the world, not BTC. #bsv #bitcoin

BrendanM 5.8y

1HtFZk…WH79 Key · twetch

Replying to@1F5pti…gQC3

Thanks for the reply! I'm guessing the info in the picture will make more sense to me as I learn more because it's mostly Greek to me. I don't even understand what a "block" is and therefore don't understand the implications of differing block sizes

BParadigm 5.8y

16RWru…3vVV Key · twetch

Replying to@1HtFZk…WH79

Start with ideas over tech

Watch Bitcoin Stuff on YouTube
Watch SirToshiTV

Also here is one not on your tube
But streamanity
I’ve prepaid views so let me know if they run out

BParadigm 5.8y

Welcoming the recent followers, I have boosted the Bitcoin Stuff epic “Homo Bitcoinus” +10 free views
If it runs out , I will boost again for new users .
https://streamanity.com/video/3KN9cDyTN6eox6?ref=e4625a29-e752-465b-818d-2f33805e358c

BrendanM 5.8y

1HtFZk…WH79 Key · twetch

Replying to@16RWru…3vVV

Thanks for replying! Regarding ideas, I'm intrigued by the idea of somehow replacing government controlled currencies. Ultimately, my worldview is that voluntary=better. At least in the long run and for everyone. Coercive transactions are zero sum.

BParadigm 5.8y

16RWru…3vVV Key · twetch

Replying to@1HtFZk…WH79

Both guys emphasize the value of money different than BTC narratives.
Bitcoin Stuff Daniel focuses on money and behavior in the context of active dynamic economic participants
SirToshi focuses on its neutrality and growing knowledge value of the ledger

twetch#15946 5.8y

1N7n8D…Txif Key · twetch

Replying to@1HtFZk…WH79

The concept that got me between BTC and BSV (I don't know what BCH is for), is around the simple process of paying some one for some thing.
BTC is nothing but waiting, total uncomfortable waiting for the transaction to confirm.

twetch#15946 5.8y

1N7n8D…Txif Key · twetch

Replying to@1N7n8D…Txif

Add to that you might end up paying the same or more in the amount of fees as you do for the item itself
BSV is what we all expect of modern day transactions. Fast, low fees, and no intermediary
The more I use it the more I don't get the cryoto consensus

BrendanM 5.8y

1HtFZk…WH79 Key · twetch

Replying to@1N7n8D…Txif

I like the idea of replacing government controlled currencies. I don't care which one does it. So, I could see fast transactions with low fees being a benefit to mass adoption. It is unclear to me where a fee goes if there is no intermediary though. ???

twetch#15946 5.8y

1N7n8D…Txif Key · twetch

Replying to@1HtFZk…WH79

The fees are paid to the miners, who under a BSV model start to be thought of transaction processors and less like block reward miners as the block reward tends to zero. They need to scale their HW operation as the transactions quantity scale.

Post by BrendanM

Replies (9)