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special drawing rights. new world transaction currency.. while the masses think china and russia's the bad guy..
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i agree^
Most likely these "super nodes" as you speak of will most likely be ran my mining pools as they usually have a huge amount of BTC and will allow them to collect fees even without having to find and solve blocks Anyone with liquid assets can run a lightning node and yes this does include miners and exchanges also normal users as well also less likely as they will be less connected The best places will probably be payment processors like bitpay or maybe your wallet spv node or anywhere in between and the ability to open and close channels can be automatic and seamless inside your wallet software It baffles me on how you people down-play this hostile corporate take over of Btc by Block-stream. Like you don't care to see that what was once Bitcoin: A Peer-to-Peer Electronic Cash System will be replaced by their lightning and side-chain patented shenanigans, yet you vehemently attack BCH for trying to stay p2p. foh. I keep telling myself, no one's this stupid or blind so I hope you're getting paid to troll/shill because if you're doing this for free you must really be stupid and blind. lols btw Slugwit has 209xxx unconfirmed transactions bet it hits 300k tomorrow.
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Most likely these "super nodes" as you speak of will most likely be ran my mining pools as they usually have a huge amount of BTC and will allow them to collect fees even without having to find and solve blocks "(Lightning fees are paid to peer-to-peer liquidity providers, and not miners) — Blockstream Who are the liqudity providers? Exchanges. This shows a motivation for Exchanges to use “Liquid sidechains” in partnership with Blockstream as part of the overall solution to reap in profits using the lightning network.Some miners don’t seem too happy about that decision, and that’s why some decided to support the Bitcoin Cash network with their network power.Who benefits from the lightning network and who doesn’t? Who benefits: Blockstream, Exchanges, Users (kind of). Who doesn’t benefit: Miners, Users (kind of)." I'm guessing by mining pools you meant banks.
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LN, Thunder, sparks.. "Blockstream is a company founded in 2014 by Adam Back, who currently employs most bitcoin core developers." "Wait? Isn’t the lightning network decentralized? Because of how the lightning network, nodes and payment channels work — there is an incentive to use the fastest and cheapest hub with the most connections to other nodes. Merchants will incentivize customers to use “super nodes”. These “super nodes” may start small like a “Sydney local transaction node”. So these “super nodes” could become very large, and who knows what will happen with that. Will they be controlled by the government? Could a fractional reserve banking arise again? Many bitcoin core support argue that it’s very unlikely — but it is a possibility. Asking these questions about the lightning network on bitcoin communities leads to almost NO responses, because nobody knows how exactly it’s going to play out. Not even the Lightning Labs CEO. It’s still a work in progess." - https://medium.com/@luxushub/the-truth-about-blockstream-and-the-lightning-network-896d69b48f0f
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^^lols As the Bitcoin.com wallet approaches 1M installs, yesterday was the first time in its history that people used it to make more BCH transactions than BTC. - https://www.reddit.com/r/Bitcoincash/comments/7i6clx/as_the_bitcoincom_wallet_approaches_1m_installs/ BTC Slugwit about to hit 200k unconfirmed tx yikes!! "Coinbase Card payment unavailable as Unconfirmed Transactions hit almost 150k."- https://www.reddit.com/r/BitcoinAll/comments/7i5xl2/coinbase_card_payment_unavailable_as_unconfirmed/Partnership Will Focus on Bitcoin Cash The joint statement continued that the two firms will focus on developing systems for Bitcoin Cash, but will support various cryptocurrencies. https://bitsonline.com/sbi-bits-nchain-bitcoin-cash/ Both SBI Group and nChain Group share a commitment to massive on-chain scaling of the bitcoin network, in order to create a network that powers faster transactions with low fees, makes confirmation times reliable once again, and achieves enterprise-level capabilities. It took a swipe at Blockstream and Bitcoin Core (though without naming the two groups directly), calling the 1 MB block limit on Bitcoin “artificial”. They believe that the Bitcoin Cash chain reflects this vision better than the original bitcoin chain (because Bitcoin Cash has a larger initial default block size of 8 MB, compared to the artificial 1 MB block limit on the original Bitcoin chain, and has plans to lift the block size even further with appropriate testing). Although SBI Group’s new ecosystem will support various cryptocurrencies, it will allocate resources to supporting Bitcoin Cash.Both Kitao and nChain Group CEO Jimmy Nguyen went on to say they believe Bitcoin Cash represents Satoshi Nakamoto’s original Bitcoin white paper vision. Nguyen added “Bitcoin Cash is the true Bitcoin”.Bitcoin Cash Getting a Big Push in Japan Bitcoin Cash coordinated merchant adoption campaigns and new meetup groups, there seems to be a push underway for Bitcoin Cash in Japan in particular. SBI BITS’ parent company SBI Holdings and its subsidiaries been involved with Bitcoin for over a year now. In October 2017 announced it would acquire cryptocurrencies by sales and mining directly — for use in remittance, trade finance and payments.It has also invested in exchanges bitFlyer and Kraken, and also joined with Ripple in 2016 to form SBI Ripple Asia. SBI BITS formed in 2015, with a mission to handle SBI’s fintech strategy. wow never knew SBI were so involved with BCH 20 Sep 2017 FIN/SUM talk by SBI CEO 1/ He made SBI Crypto before BCH fork. He will take 30% share in BCH mining. https://twitter.com/ETHxCC/status/910706407401328640Japan's SBI CEO doesn't want to mine BTC only Bitcoin Cash: "He will take 30% share in BCH mining" now 110% confident BCH will be on SBI and not btab ....WOWOWOW this is great news
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we all know its you jbear. stop embarrassing us lol @ your foolish guessing game we all know its you jbear. stop embarrassing us 103368 Unconfirmed Transactions because people use it but how many transactions bcash has daily and how many btc ? and jut for you...i use bitcore (btx) which will be the bcash killer and maybe btc ....why ? the amount of transactions BTC handle in 1 year ...bitcore handles in 3 days ! 10mb block size +10 mb segwit ....you need more ? LOL @ segwit are you idiot ?! yes segwit (Segregated Witness) did bcash has it ? bro, can you even grammar?
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we all know its you jbear. stop embarrassing us lol @ your foolish guessing game we all know its you jbear. stop embarrassing us 103368 Unconfirmed Transactions because people use it but how many transactions bcash has daily and how many btc ? and jut for you...i use bitcore (btx) which will be the bcash killer and maybe btc ....why ? the amount of transactions BTC handle in 1 year ...bitcore handles in 3 days ! 10mb block size +10 mb segwit ....you need more ? LOL @ segwit
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Xapo dump shouldn't have started yet I think the deadline was the 14th but up until that date their users could either withdraw or invoke a manual autosell which is probably what you see happening BTC difficulty has already occurred this wont affect anything due to the new DAA on Bcash Other big things like what ? shouldnt have?....its almost over as u can see maybe its xapo, maybe its xapo users,maybe its barry himself lol, either way only 900bch left...btc dif will change soon. other things....ooo laa laa ....not saying just now I will tell you , i know alot of big players getting fatter BCH wallets right now BTC diff changed 20 blocks ago ? and maybe users invoking manual sell to get as much BTC as possible instead of waiting since BTC is going up fast and BCH is pretty stagnant and loosing value to BTC fast Big things are happening on BTC too LN spec is final and testing RC1 and working on mainnet with a public mainnet beta to be released soon L O L this fool is still yelling LN...
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BTC is going to be more and more popular in the world, not only Crypto world. Price is climbing and probably will hit 25000$ to the end of the year like some predictions were. BTC is the best and no one coin can replace it. The majority of the world populace can't afford segcore's coin. Transactions fees & transaction delay times have destroyed it's use as a payment service, it's and I do mean it's ONLY value at the moment is as a very risky speculative investment. Here is some food for thought, on Dec 18th, the CME BitCore Futures Markets open. 5 Bitcore increments and the ability to short bitcore at a level it has never seen. Worst of all , CME Future contracts are only operating in Fiat, meaning no actual bitcore coins are going to be delivered at the end of the contracts. What this will do is directly siphon US $ that would have went into buying bitcore coin. So the manipulators 1. could directly inflate the price of bitcore coin more or 2. completely devastate its price by using a little wash trading between colluding banking cartels. *by doing this they can buy up the majority of bitcore coins for next to nothing , and later re-inflate the price before the LN launch.*The main problem for the option 2, is when the banking cartels temporary crash the bitcore coin price, the Miners will put bitcore coin in a death spiral , and switch all asics to Bitcoin Cash for the Foreseeable future. Battle of the Titans is coming and we all have a 1st row seat. (Miners Verses Banking Cartels) ╥Aztek I agree. Blockstream and its buffoon of a CEO seem like the perfect patsies for a manipulated collapse.
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oh ffs. "The entire satellite network forms a ring around the planet to ensure the bitcoin network is stable throughout the world." One ring to rule them all. is that the angle here? lol get ready for bitstamp fellas... https://twitter.com/Bitstamp/status/937763321725509634
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Bitcoin crash will worth 0 once lightning network becomes online.
lightning, thunder, tabs, percocets. what next? lols
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