Nothing has happened yet - only many new ideas open disputes on social media - all good. Sure - core trolls do not understand such since they are blocked, cored and cured together - ideas forbidden - only trolling allowed  Hashpower is what will decide - and here all is good. Not good: Markets at all https://coingeek.com/crypto-market-daily-report-august-8-2018/ |
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Really big things are happening here with bitbox earth https://youtu.be/Yr_rmcC3hpABitcoin Cash is getting its own developer framework. Thx Gabriel Cardano !!!! |
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Don't forget that the Lightning Network could be also used for cross-chain atomic swaps.
If you ease hurdles and open up such bridges Bitcoins built in scarcity is at risk. Is it, though? The ability to conveniently hop to other blockchains doesn't create additional supply. It's creating extra utility, not more coins. It wouldn't make litecoins equal to bitcoins, it simply removes some potential middlemen between the two. They're still different coins, so there will be no impact on scarcity. I think hv_ still is dreaming of a monopoly game with Bitcoin (=Cash?) as the one and only cryptocurrency - and then, somewhen later, as the only currency of the world, making early adopters extremely rich (even I with my tiny BTC holdings would be rich in this case  , and Satoshi would be richer than the 100 top billionaires of today.) In this case, his argumentation makes some sense. But without an authoritarian regime of some kind (even if it's an authoritarian developer group which uses his power "softly", e.g. bribing merchants to not accept other coins than Bitcoin) this won't happen. First, because there will always be an incentive to create other cryptocurrencies. Second, atomic swaps are already happening, they're open source. You can't forbid them (the only way would be, ironically, to make the block size smaller to achieve extremely high fees, which would lower the incentives even for LN-powered swaps). But I think also, hv_, that your fear is unfounded. The strength of a cryptocurrency lies in its ecosystem, and as DoomAD already said, in its utility. So scarcity won't go away, because only a limited number of cryptocurrencies can really see mass adoption. I don't see Bitcoin not being part of this group. the funny thing about bitcoin cash and its followers is that they talk shit about bitcoin while doing whatever bitcoin does, either now or in the near future. and i mean it literary everything including SegWit, LN and everything else. the only thing they changed was block size. they may not have all of these now but they will add them with a different name eventually. for example Bech32 addresses are already implemented for BCH, there are talks about second layer with a different name than LN! Atomic Swaps have also happened already on BCH network. in fact it happened last year in November! Nope. |
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I suggest a better name Blockchain Cash rather than bitcoin cash,then no need to confuse with bitcoin community and users,no need to explain what's bitcoin/bch.
You can name things as you wish, but do not expect many will follow. We see just destructive trolling here, from known trolls, but forum owners may love it. Bitcoin is anti fragile, so the first centralization attempt by having a contolling blockstreamcore and controlled social media has led to decantralization of it. Bitcoin still works as Cash and as outlined by Satoshi and far better without other injections form self claimed hero devs wiht own fiat agandas. What version might be that? |
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It makes sense for BTC to attempt a mix of both on and off-chain ideas if other forks are going to keep their focus purely on-chain. Why put all your eggs in one basket if you don't need to?
Don't forget that the Lightning Network could be also used for cross-chain atomic swaps. In some cases, it still does not make any sense, but it's a feature that might be used by people who want to avoid using exchanges and escrow. Some people think that Litecoin and the Lightning Network is a perfect combination. Well, payments processors are busy implementing Bitcoin LN payments. If you ease hurdles and open up such bridges Bitcoins built in scarcity is at risk. |
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BTC fee market ? Champeign ? |
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how many people here understand this unix/linux joke? I thought it was about the dev driven SW feeding to the miners last year. Nope. You know better, and you are trying to reframe history, HV, because if you recall 100% of the miners adopted segwit and changed their signaling towards such adoption in about mid-to-late July 2017.. ... remember? It became a lovely transformative scene (and even somewhat surprising) and a fairly rapid transition that was successful each step of the about month-long process that occurred after the signaling had changed towards segwit and through August. Recall that subsequently, in mid August, there was a locking in and then in late august activation onto the network. This was accomplished with damned close to 100% of then miner support.. remember? Maybe they had a change of heart afterwards or whatever, but they could just as well fuck off, or form their own coin or support some other project... In the mean time we have segwit that has been adopted, and it seems that it would be a hell-of-a difficult process to achieve consensus to unadopt it, so why the fuck are you anti-segwit jihan dick sucking trolls continuing to attempt to get community support against segwit when it seems like a nearly impossible task? Why don't you just go support your bcash coin, and conquer the word with that no-segwit and onblock scaling coin? Oh because no one is using it? Oh, because you cannot seem to increase any of the networking effects or to steal them from bitcoin? Pobrecitos. Feel bad for you........ NOT.   If you feel bad, you need help https://news.bitcoin.com/bitcoin-org-removed-from-bitcoin-core-website/Things are bad for SWcoin, cant help |
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Exakt wir wollen hier alleine spielen / die Weltherrschaft an uns Reissen Bei Bitcoin hat sich nicht mal die Bitcoin Foundation oder der Bundesverband Bitcoin gehalten (bzw. die sind irrelevant) - und die haben noch nicht mal versucht, die Kontrolle über den Systembetrieb an sich zu reissen. Wobei, zumindest denke ich beim Bundesverband, eine Kontrollinstanz niemals das Ziel war. Das wahre Ziel des Bundesverbands ist es seit jeher, die Preise für Bitcoin für das jeweils kommende Quartal festzulegen.  Alles andere ist Fake News. Niemand hat die Absicht, eine Kontrollinstanz zu errichten. lol bitcoin preisfixing? genau das hätten die gern Ist doch nicht schwer. Soll der BRD einfach genügend Bitcoin kaufen und die für einen festen Preis über die nächsten n Jahre verkaufen/traden.  ach die machens einfach wie beim gold und silber fixing lol Gibt ja nur noch Auktionen |
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I believe only in the physics of open dissipative economical systems and their inherent operational risks that are nicely working against any centralization in open PoW consensus. PoS is many dimensions smaller and crap, and no real new achievement btw. |
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however BTC is implemnting bad code to cause strain on the blockchain to promote LN
In your inconsequential, biased and grossly misinformed opinion. I'll consider taking your view more seriously in the highly unlikely event you ever manage to say something accurate about Lightning. Until then, I don't care what a manipulative troll thinks. The code clearly can't be that bad if it's supporting the chain that deals with far greater volume than any of the forks that split away from the economic majority. I d say adoption dynamics are much more important than any static snapshots. |
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how many people here understand this unix/linux joke? I thought it was about the dev driven SW feeding to the miners last year. |
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