why would they put it on a whiteboard in a video for everyone to see?
to convince people it's really true of course.
epic plans don't happen until they're planned out beforehand on a white board. every evil genius knows that.
he certainly blew his cover there though. i assume the shadowy cabal behind him is gonna have words and maybe even take his white board away.
BTG is going to go to BCH prices because its more like the original bitcoin than cash stash
BTG is GPU unlike this asic cartel shenanigan coin<<<
You still suffer from troll dreams.
Either BTG mining will be attacked by bot net or ASICs will be built if ppl pay enough for these coins.
ASICS would be very hard to build for the Equihash. It requires a good deal of RAM. If you wanted to build an ASIC that can hash 100 times what a GPU can do, you would need at least 100GB of RAM, if not more. In order to make your ASIC more power efficient too, you would have to make the RAM more efficient. You could try to incorporate the RAM on the ASIC chip to make it more efficient, but at the present time, the processes to make an ASIC chip and a RAM chip are different. So you would need to invent a whole new process. The R&D costs would be prohibitive.
Furthermore, the BTG team is clearly not aversive to implementing Hard Forks, Like CORE. So if such an ASIC came to market, they could just hard fork to a different algorithm. But hey, at least the new ASIC will still be able to mine ZCASH. (However, I suspect Zooko would consider hard forking as well.)
BTG is being picked up by Vitalik and Lukejr so expect it to go higher then BCH
BTG will be the winner by GPU is more like the original bitcoin not asic cartel<<<
BTC already fullfills the function of unmovable numismatic like gold, floored by very high mining costs and bootstrapped social network.
Bitcoin Cash is able to be sound and used money and is clearly superior once bootstrapping around world's merchants will leave BTC behind.
Provitable mining always has a strong attractor to centralize, no matter what algo you use.
BTG is good to keep Luke and other trolls busy, no more
Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited
As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.
Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.
Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years
Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee
http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html