Thx a lot Jon - watching....  |
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Cross-chain atomic swaps will help whatever cryptocurrency becomes the predominate one. Not just bitcoin. Joseph Poon and Thaddeus Dryja are going to become famously wealthy regardless of which crypto wins. Congrats!
Why should anybody use this if Bitcoin (Cash) will solve this in a single cheap cash coin? Do you know that Lightning Network and Ripple were dating? They fucked and made a gay son named Lightning Ripple McQueen.  The above is more likely than BCH becoming anything more than another one of Roger Ver’s perverted attempts to control bitcoin. Anybody that supports bcash is clueless. If you'd ve said Jihan and CSW, I could not say much, but Roger? Anyway, crypto makes me lookin clueless every day. |
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Anyone who thinks this is about blocksize should read this well-written essay. https://medium.com/@thepiratewhocantbenamed/my-thoughts-on-your-thoughts-17474d800ddaIt lays out pretty plainly why arguing for blocksize alone is a mistake. As for S2X-2, Shitforkia Revisited, its pretty plain to see its yet-another-fork-that-solves-nothing. Just like its predecessor, even if some parts are now different. Read the medium post linked above, it is highly informative about the deeper technical reasons why "muh blocksize" is a distraction. We will see because there is Bitcoin Cash out in a live experimental phase and open to all scaling ideas that might work, but preferring the multy year proven on-chain tech. |
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Cross-chain atomic swaps will help whatever cryptocurrency becomes the predominate one. Not just bitcoin. Joseph Poon and Thaddeus Dryja are going to become famously wealthy regardless of which crypto wins. Congrats!
Why should anybody use this if Bitcoin (Cash) will solve this in a single cheap cash coin? |
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XRB will be the preferred p2p currency in the long term not BCH
Nope. It is an intra chain for banks. If you want to be really disruptive it can be only BCH. |
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https://www.youtube.com/watch?v=ADVIHIpo0XM&feature=youtu.be&t=1h31m49sPlease watch and share this excellent video Vin Armani Streamed live 15 hours ago This week, we are pleased to welcome Jeff Berwick back to The Vin Armani Show. Jeff Berwick is an anarcho-capitalist entrepreneur and activist. He is the founder of The Dollar Vigilante and host of Anarchast. Thx , I love these dudes! Check out these other hot shots speaking about the CASH / CURRENCY part of crypto https://youtu.be/1JMH6pgHLjcTim Draper: why should I cash out in fiat? I is like going back from gold into shells!  So selling BCH for BTC sounds exactly same. |
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Happy New Year ! Looks like a real stable Leader you got there^ lol Copied this from a Forbes Magazine Article about the Lightning Network..enjoy. https://www.forbes.com/sites/ktorpey/2017/12/28/will-bitcoins-lightning-network-kill-off-altcoins-focused-on-cheap-transactions/#3b4c3b57dabdPerhaps the most important factor to consider when comparing Bitcoin’s Lightning Network to low-fee altcoins is the higher liquidity, lower volatility, and relative longevity offered by the bitcoin asset. Most people would simply prefer to use bitcoin as money over an altcoin, which is the reason bitcoin has continued to succeed in the face of relatively higher fees. Aztec, Go read the article Forbes magazine Dec 28th "will Bitcoins lightning network kill low cost alts" They say that S.N. himself came up with the idea for the Lightning Network, LMAO. FTFY , links and quote marks addedIdgit, A little forum etiquette lesson for you , add quotes around other's material. And provide a direct link to said quote, just good manners. Now here is why LN is BS using forbes own article. https://www.forbes.com/sites/ktorpey/2017/12/28/will-bitcoins-lightning-network-kill-off-altcoins-focused-on-cheap-transactions/#3b4c3b57dabdThe key benefits of the Lightning Network include: drastically lower fees, instant payments (avoiding Bitcoin’s ten minute confirmation times), and the potential for improved privacy since these transactions are not stored in a public ledger forever. Lower fees compared to Segshit Coin Insanely high fees. 1. LN fees will be variable , which means they will increase at the whim of the LN hub owners and fees will vary depending on the person you are sending it too. 2. Anyone could use an exchange's Offchain processing right now for any coin , without the drawbacks of LN. 3. When there is no direct LN route, an LN payment will not be possible or fee making it not worth it, Therefore LN will not work for some people. 4. LN directly ignores the KYC/AML Laws by hiding transaction information, which means LN hubs will be made illegal or all LN Hub data transactions will have to be reported to the Governments so they are not arrested. (Which reporting all info is their plan.)
5. LN uses it own note redeemable for onchain segshitcoin , this in and of itself is a banking note , as such a banking license, will be required to run one. Any other coin, that charges a fixed or low fee rate and allows everyone not just LN's slaves to transact with each other will be superior to LN. Normal Coins Freedom: Allow Transactions with anyone that has an Onchain Address, Which is not controlled by 3rd party authorities, and free to create. verses LN Slavery: (LN Address transactions will be controlled by the LN hubs. Meaning LN hub owners controls the financial transactions of all / allowing or blocking transactions by their own authority, LN is the same as Fiat Banking , IDGIT.) By the way : the author of the LN propaganda piece is Kyle Torpey. A known LN / Segshit Supporter and write for americanbanker.com If you have not guess it yet, Banks and the fractional reserve systems they create are the enemies of the people of the world. They use these fractional reserve systems to enslave the populace to systems, that they control. LN is just a way to enslave the crypto users and continue their banking monopoly. LN=Banking Cartels  ╥Aztek THx mate, this summary cannot be posted and reposted often enough... |
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Happy New Year ! |
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The bitcoin code base / protocol was complete years ago and needed no other genius proof of dev any more like E=mc^2 does not need to be bubbled up by other fellows any more.
And thus, you show your ignorance of physics, too. E=mc^2 is the equation for the rest energy of matter. Got velocity? A more complicated equation is required to ascertain E. [...] Sure, go learn more physics but the genuis part is done by Einstein and yet we are years later and still try to prove parts. Dont come up with all the rest here or could you solve the rest with pure men power (as you do now with btc + SW + ...) ? Satoshi did the genius part (by introducing artificial order = energy = negativ entropy) and there is no need to extend it with extra kinetics.. and dilute the genius order. Think big and accept that BCH will work better also because its simpler. Oh, my. Somebody “learned” from “science popularizers”, then combined that miseducation with a heaping dose of New Age woo. “artificial order = energy = negativ entropy”? “extra kinetics”? With all the quack pseudoscience pseudo-jargon flying about, next we will hear that quantum mechanics proves we have entered the Age of Aquarius. Quantum mechanics also proves that I have psychic powers; and my psychic powers tell me that you are an imbecile.
Every time I feel I need a short break, I pop in here and see if this thread was updated with more stupidity. If so, I take a swing at one of Ver’s hapless little drones. That takes less effort than hitting a punching bag; and it’s more satisfying than shooting literal fish in a barrel.
Gosh, I just don't know. I've never tried to shoot literal fish in a barrel. Adjusting aim for refraction is not a problem. How about big fish, little barrel? Try a shotgun. Sawed-off. Nah, still not as fun as smacking down bcash shills and sycophants. Which itself is not so rewarding as the spiritual solace brought by founding my own cult, ϐ bitcult.faith ϐ. All hail the god of Bitcoin.
Sure, go learn more physics but the genuis part is done by Einstein and yet we are years later and still try to prove parts. Dont come up with all the rest here or could you solve the rest with pure men power (as you do now with btc + SW + ...) ?
Satoshi did the genius part (by introducing artificial order = energy = negativ entropy) and there is no need to extend it with extra kinetics.. and dilute the genius order.
Think big and accept that BCH will work better also because its simpler.
Huh?  Why shouldn't we make transaction malleability avoidable and then make use of the powers of bitcoin script that Satoshi had designed? Using opcodes that Satoshi conceived but didn't personally use is too complicated? Taras, per the above, you are arguing with somebody who just proved that negativ [sic] entropy brought us into the Age of Aquarius! Humble yourself. Don’t you dare presume to question the wisdom of a guru.As I already said up thread stay on btc and troll there . Genius cast the things into very simple order / formular (PoW electronic cash, blockchain, E=mc^2, ...). Its not for you to understand all at first but you then go experiment a lot with surroundings (SW, +++) until you might finally get it. Good luck with that. But in the end we need to thank you and lots of other altcoin builders for this because it is needed to get others educated by the great myspace fall. Happy new year! |
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The bitcoin code base / protocol was complete years ago and needed no other genius proof of dev any more like E=mc^2 does not need to be bubbled up by other fellows any more.
And thus, you show your ignorance of physics, too. E=mc^2 is the equation for the rest energy of matter. Got velocity? A more complicated equation is required to ascertain E. What else would I expect from somebody with the abject technical incompetence requisite for belief in a linear scaling solution to an exponential scaling problem? Even a five-year-old can understand the difference between “big” and “huge”. I’m sorry that the universe is not oversimplified to fit your childish expectations. No, wait—I am not sorry, after all. Well, if ( if) BCH ever gets sufficiently popular for its 8MB blocks to persistently fill, enjoy your skyrocketing fees and backed-up mempool on your centralized pseudocoin with 1/1000 the tx throughput of Visa—as Lightning scales up to compete with the big boys.
People like Roger Ver is brainwashing new individuals like you into thinking that lightning network = centralization. It's their own altcoin which is = centralization since miners have the power to control the block sizes in their bcash crap coin.
Ver accuses others of his own worst sins. When enforced through repetition, that’s an effective propaganda technique for corralling the weak and the stupid. But BCH’s supporters even admit to their anti-node/miner-supremacy agenda; what they want is not decentralization, but “decentraliztion enough [ sic]”: BCH: mining nodes = full nodes
If 'the world' is mining this is decentraliztion enough.
Non - mining nodes are not needed for small hodlers.
Get it or stay on BTC.
Sure, go learn more physics but the genuis part is done by Einstein and yet we are years later and still try to prove parts. Dont come up with all the rest here or could you solve the rest with pure men power (as you do now with btc + SW + ...) ? Satoshi did the genius part (by introducing artificial order = energy = negativ entropy) and there is no need to extend it with extra kinetics.. and dilute the genius order. Think big and accept that BCH will work better also because its simpler. |
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Buy my fiends you will never see BCH so cheep! trust me ! 10000k until the end of january for sure!!
In crypto you should not give investment advice at all. The volatility might kill you right away. The only advice is buy small amounts with money you can afford to lose and at best spread it by time. If you have a wallet that let you top up its cool to spend and buy close in time. |
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I am still on the dev side for now, but they really need to get this lighting network up and running asap. If its not active by 2-3 months and not widely used in the next couple of months it will be a disaster for bitcoin, whether your on the btc or bch camp your screwd. There is just to many coins that can deliver what bitcoin was supposed to do. So dear dev, if you are reading this: get your act together and hurry the fuck up with this lighting network
Bitcoin was created as a PoW electronic cash system and at some time when TXs fees where almost zero the param 1MB was added as a flood control because 'spamming' was zero cost at that time, this is years ago and not the case any more. Now BTC + SW fork + LN is more a Proof of Dev or of Code and the miners that have spent most of work are dammed by small blockers, why? Is that FOMO ? BCH keeps it up and makes proper use of that what miners have built, the most expensive crypto env on earth, that is backing up price and security and cannot be replaced with technobubbles on top. The bitcoin code base / protocol was complete years ago and needed no other genius proof of dev any more like E=mc^2 does not need to be bubbled up by other fellows any more. And a small non mining node is not doing any PoW, rather Proof of Panic and slows down the scaling. Work = Energy = mining cash coins |
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BCH: mining nodes = full nodes
So, in BCH: Jihan = full nodes. Got it. If 'the world' is mining this is decentraliztion enough.
In what world are you living, that “‘the world’ is mining”? Non - mining nodes are not needed for small hodlers.
It is self-evident, you have no idea how Bitcoin works. Get it or stay on BTC.
There is only one Bitcoin; and yes, I will stay on that. Yes, esp you should stay there. |
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Happy New Year from New Zealand!
I can tell you 2018 is going to be amazing!
I am off for some more fun. Wishing everyone a great year.
Happy new 2018! I've some hours to go Cheers |
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BCH: mining nodes = full nodes
If 'the world' is mining this is decentraliztion enough.
Non - mining nodes are not needed for small hodlers.
Get it or stay on BTC.
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Does anybody knows if there're short term plan by the official BTC developer team on how are they going to tackle the congested blockchain in the meantime?
Make segwit easier to use by implementing it in the core GUI. We haven't felt its effects very much yet because nobody actually uses it. Once that changes, then we'll start having 1.4 MB blocks. That's exactly what 'big-blockers' were telling you from the very beginning. SW is too complicated, too slow in impl & deploy ( opt-in!) adoption and still is no sufficient scaling with that little capacy increase and we also pointed out that new 2nd layer tech is not ready, has no 8 year slow start working success story as on-chain has and is too risky to play with a fin tech application in the middle of a sigmoidal mass adoption process. The ship has sailed now and we have two relevant bitcoin approaches and only one that runs as open (source, discussible, tech, ideas, economy ) as possible. |
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Yep. If only 10% of this comes in next few month, we see mass adoption pure in and hell freezing over. |
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