Post by twetch#1752

1AKHVi…MfPE Key · twetch

All coins that mine SHA256 compete with each other.

twetch#2022 7.1y

I don’t agree with Calvin Ayre that BSV and BTC don’t compete directly, there is a cost to the network being split (competition for users). I do agree that both BSV and BTC will grow in popularity in 2020.

In the long term there will be one clear winner.

What the chain says
Block
600 613
Time
2019-09-18T21:25:05Z
Signer
1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE
App
twetch
Type
post
Content type
text/plain
Name in tx
twetch#1752

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

Signed by 1AKHViYgBGbmxi8qiJkNvoHNeDu9m3MfPE Verified

Reposted by (4)

Replies (6)

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

insert Andrew's tree image

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

And what happens when BTC abandons SHA256?

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

It will be interesting to see how long that takes

1AKHVi…MfPE Key · twetch
Replying to@1AKHVi…MfPE

True - Except for Merged Mining. If BSV wants to compete, merge mine with BTC. This is the only economical way to flip the hashrate to BSV.