CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645632091797109?thread_ts=1645632091.797109&cid=C5131HKFX

https://t.me/CSW_Slack/4065

Gizmodo & Wired
https://t.me/joinchat/SJQQOn2ZPdGwwtaZ

CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645649634252519?thread_ts=1645649634.252519&cid=C5131HKFX

https://t.me/CSW_Slack/4068

1 year target
1 million TPS

2 year target
25 million TPS

3 year target
500 million TPS

4 year target
5 billion TPS

5 years....

Not 50k

Fees...

Less

Every year

500 sat, meh

100... shit, but next step

50... better

10 Sat.... close

CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645649634252519?thread_ts=1645649634.252519&cid=C5131HKFX

https://t.me/CSW_Slack/4068

CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645649634252519?thread_ts=1645649634.252519&cid=C5131HKFX

https://t.me/CSW_Slack/4069

CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645653180479619?thread_ts=1645653180.479619&cid=C5131HKFX

https://t.me/CSW_Slack/4071

CSW
Feb 23, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645653966721309?thread_ts=1645653966.721309&cid=C5131HKFX

https://t.me/CSW_Slack/4072

CSW
Feb 24, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645658128808039?thread_ts=1645658128.808039&cid=C5131HKFX

https://t.me/CSW_Slack/4073

BTC mining income at peak per block was 320,000 USD.

At scale... BSV on what I pledge is...

6 million USD a block

No. Not pumping price

This works at USD $1 a coin

Game over

Not selling it to speculators

To those serious and seeking to build

If, and I mean IF, you create a TX today and in a decade it fails because of a protocol change...

Hold me liable.

I will not fight it

Bitcoin is set in STONE

CSW
Feb 24, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645658128808039?thread_ts=1645658128.808039&cid=C5131HKFX

https://t.me/CSW_Slack/4073

Feb 24, 2022
https://u.today/eu-on-track-to-ban-bitcoin-report

https://metanet-icu.slack.com/archives/C5131HKFX/p1645658534807089?thread_ts=1645658534.807089&cid=C5131HKFX

CSW
Feb 24, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645708090251799?thread_ts=1645708090.251799&cid=C5131HKFX

https://t.me/CSW_Slack/4076

CSW
Feb 25, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645815066051229?thread_ts=1645815066.051229&cid=C5131HKFX

https://t.me/CSW_Slack/4077

There are two and only two meaningful metrics in the digital cash or digital asset systems that are being promoted.
1.          Volume (TPS)
2.          Transaction fees

Volume is critically important. The number of transactions per second is the underlying volume of the base system, not so-called layers, as layers by definition is inside the base, and lightning is a separate protocol from bitcoin.

Without access to send hundreds of thousands and millions of transactions per second, not on so-called secondary systems but natively on the Blockchain, there is no purpose, and secondly, the fees will be high.

By volume, the only metric here is to scale into what will eventually become billions of transactions a second. Anything less is meaningless.

Next, the fees are in part related to the ability to directly scale on-chain without so-called boondoggle projects such as lightning and all the artificial limits that others apply.

Transaction fees are the only metric that will achieve success at the end of the day, and this comes only through volume on-chain.

If the fees cannot be kept under one-hundredth of a cent per transaction and ideally under a thousandth of a cent, the system has no point. Bitcoin is a micropayment system. So the so-called BTC and Ethereum boondoggle attempt at anything else will fail.

The only, and I mean only, the purpose of bitcoin is high-volume at low fees. So if anyone tells you that anything above a fraction of a cent is low fees, they are lying and attempting to deceive you.

Bitcoin is a micropayment system, first and foremost.

Bitcoin doesn't replace banks. Instead, Bitcoin enables the unbanked to be part of the digital economy because it creates the first digital cash system. This is what people fear!

I would like a lower fee... in time

But, not speculation.... use

Miners will make more than BTC x1000

CSW
Feb 25, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645815066051229?thread_ts=1645815066.051229&cid=C5131HKFX

https://t.me/CSW_Slack/4077

CSW
Feb 25, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645820559099979?thread_ts=1645820559.099979&cid=C5131HKFX

https://t.me/CSW_Slack/4079

The entire argument is simple. They call me a fraud as I am scaling onchain. I am doing as I originally set and stated. They state this is the fraud, but in court, the claim falls apart. And, then we seek the start of criminal sanctions.

The only one scaling orchain is us.

The lie they promote is the one to try stop bitcoin, they know that it was always inchain. I stated this in 2008.

The claim of fraud is as I am the only one who is not a fraud

But, passing off and database rights leads to criminal sanctions as well

I don't want just money from COPA... every member will pay.

I want the criminal sanctions

Misrepresentation

And, COPA members could face RICO

CSW
Feb 25, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645820559099979?thread_ts=1645820559.099979&cid=C5131HKFX

https://t.me/CSW_Slack/4079

CSW
Feb 26, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645865459444349?thread_ts=1645865459.444349&cid=C5131HKFX

https://t.me/CSW_Slack/4081

Too many developers try and "fix" bitcoin. Things like the 'relay fee' are added to "fix" perceived problems.

Like "maleabillity"
The lie of "selfish mining"
Blocks being too big...

These are not issues to be 'fixed' on the node.

If there is a need, fix it at the wallet, it has nothing to do with the node software and if a double spend occurs, reject both. Not hard

People need to stop the code is law BULLSHIT

They need to stop trying to fix everything they are told is an issue

This is why I HATE agile programming

Development teams start moving the goal posts, extending the architecture

Simple works

CSW
Feb 26, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645865459444349?thread_ts=1645865459.444349&cid=C5131HKFX

https://t.me/CSW_Slack/4081

CSW
Feb 26, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645874451299889?thread_ts=1645874451.299889&cid=C5131HKFX

https://t.me/CSW_Slack/4083

I will make this very simple. Bitcoin nodes have a simple purpose and a simple protocol. I don’t want to hear about people trying to fix them. There is no issue with any of the problems that core have put up such as malleability, there have never been any real issues with the node software along these lines. The reality is simple, some people do not like bitcoin and have been trying to change it to break it.

If you think there’s a problem, solve in your wallet software. If there is a single fix that isn’t part of the original protocol it will be removed so I wouldn’t count on it. As I’ve stated, where transactions are already working they will not be changed. But when it comes to the node software, anything like malleability is just a red herring people make false stories about.

There have never been any issues with so-called attacks like selfish mining in bitcoin.
Not a single cent has ever been lost in bitcoin’s history through malleability. The only claims of that involve embezzlement and fraud and a false story made up by a conman in Japan to cover the money taken by this already convicted criminal.

Not a single cent will ever be lost through malleability in bitcoin.
Not a single cent will ever be lost through any of the so-called attacks that needed changes based on boondoggle projects that co wanted to implement into my system.
Basically, if you think you have a problem with the node software and mystical scenarios such as what occurs in the reason for adding relay fees… Stick your head up your ass and go away. Honestly, I really don’t want to hear about it. These I have nothing to do with real problems.

You know what the solution to so-called relay fee problems happens to be?

It is very simple. If you see a double spend… Don’t give the goods. Hold them and then send them back with the full relay fee at a later date. If the customer complains, who cares. Guess what, you should be reporting them to the authorities. Any instance of a double spend attempt is equivalent to a cheque fraud. These guys are criminals. If a criminal comes into a 7-11 and tries to pass off counterfeit bills, you don’t treat them as if they are a good customer because they’re not, they are a criminal.

CSW
Feb 26, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645874451299889?thread_ts=1645874451.299889&cid=C5131HKFX

https://t.me/CSW_Slack/4083

CSW
Feb 26, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645874977655109?thread_ts=1645874977.655109&cid=C5131HKFX

https://t.me/CSW_Slack/4085

If your client or customer does not sufficient levels of fees to ensure that the transaction is mined, then the issue is not needing to resend or anything like this. There should not be fee markets pushing up fees but rather the problem some people note of a race to the bottom is what we should be aiming for. We should be aiming for nodes to fight tooth and nail to push the fees down as low as is rationally viable. If that means getting fees down to one sat a megabyte in time and the average profit is 0.001%, good!

If somebody tells you about a race to the bottom… Ask them what the fuck they’re doing with bitcoin. Bitcoin is capitalist. It is not mercantilist. That means it is not about getting the optimal profit for the largest number of businesses but rather pushing the price down for the consumer!

CSW
Feb 26, 2022
https://metanet-icu.slack.com/archives/C5131HKFX/p1645874977655109?thread_ts=1645874977.655109&cid=C5131HKFX

https://t.me/CSW_Slack/4085