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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703958 times)
Belligerent Fool
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July 30, 2017, 11:45:35 PM
 #1081

Interesting everyone is predicting immediate sell and subsequent demise of BCC/BCH  Smiley
We will know it soon..

A bulk of the posts here are inquiries on how to claim BCC, and they appear to have a somewhat urgent tone. The only reason that I see someone wanting to claim this urgently, is to dump at the best price possible.

I still haven't claimed my BitcoinCore balance (Claimable until November), maybe save it for a rainy day just like this one Cheesy
investinator
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July 30, 2017, 11:51:57 PM
 #1082

I'm about to dump this so hard  Grin

Me too, I will dump the second it can be traded and laugh so hard at the panic that will follow.

At least it's a good opportunity to buy up more bitcoin right after.
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July 31, 2017, 12:06:09 AM
 #1083

Anyone know which wallets will be supporting private key importing for BCC?

Will electrumcash.org only be updated after the fork? I hope it won't go down under heavy load then because this doesn't sound like a good idea. At the very least there should be alternative, fail safe hosts. Can devs release a sha256 hash of the windows binaries in advance in case an overload happens, so we can verify alternative downloads?

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HostFat (OP)
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July 31, 2017, 12:15:58 AM
Last edit: July 31, 2017, 12:57:11 AM by HostFat
 #1084

@alani123
I've asked them about the sha256 hashes on the slack channel.

EDIT:
Yes, they will also show the sha256 hashes.

NON DO ASSISTENZA PRIVATA - http://hostfatmind.com
digiworld1
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July 31, 2017, 01:01:21 AM
 #1085

Anyone know which wallets will be supporting private key importing for BCC?

Will electrumcash.org only be updated after the fork? I hope it won't go down under heavy load then because this doesn't sound like a good idea. At the very least there should be alternative, fail safe hosts. Can devs release a sha256 hash of the windows binaries in advance in case an overload happens, so we can verify alternative downloads?

Livecoin also support BCC, you can trade your BBC once you are credited. But they just closed bitcoin transaction yesterday

BITCOIN CASH FORK NEWS
Created 29.07.2017 09:42
Dear clients, we'll do our best to credit your accounts with Bitcoin Cash fork. We'll use ticker BCH, since BCC is already used by another asset. As soon as we credit your accounts with BCH, trading will be available. We're planning to run the next trading pairs: BCH/BTC, BCH/ETH, BCH/USD, BCH/RUR.
Today is the last day when you can deposit BTC to our Exchange, at the end of the day deposit/withdrawal will be closed.
digiworld1
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July 31, 2017, 01:10:05 AM
 #1086

There is a new dedicated forum: http://www.bccforums.net

Electrum Cash is now Electron Cash: http://www.electroncash.org
Thanks for sharing this mate I'm eager to learn more about this coin and with this new forum might help me out the find or gain more knowledge about this project i'm sure there's a lots of people who also seeking for more idea like me.  Will be checking this out and read inside this forum.

you are awesome! Thanks
Gss2k2
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July 31, 2017, 01:23:07 AM
 #1087

Looks like chinese exchanges are dead. No volume.
ruthbabe
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July 31, 2017, 01:48:05 AM
 #1088

I'll buy their coin at the price of $1 or lesser.

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July 31, 2017, 01:50:29 AM
 #1089

Can anyone tell me if I will be able to mine from the console in a fully synced BCC wallet on August 1st?

Thanks.
Kryptowerk
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July 31, 2017, 02:37:24 AM
 #1090

So what kind of abbreviation are you guys using for your Bitcoin Cash now? Have you decided on that?
BCC is bitconnect. I heard somewere it might be BCH, is that correct?

Get educated about Bitcoin. Check out Andreas Antonopoulos on Youtube. An old but gold talk: https://www.youtube.com/watch?v=rc744Z9IjhY

UPDATE 2024: Daniel Schmachtenberger on The Meta-Crisis: https://www.youtube.com/watch?v=LSx8j8lSewA One of the most important talks about the current state of this planet and human society in general. Go check it out.
bones261
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July 31, 2017, 02:51:28 AM
 #1091

So what kind of abbreviation are you guys using for your Bitcoin Cash now? Have you decided on that?
BCC is bitconnect. I heard somewere it might be BCH, is that correct?

Depends on the exchange. Some already have a coin listed as BCC, so they use BCH, like Kraken. Yobit using BCC.
matt4054
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July 31, 2017, 03:32:14 AM
 #1092

I'm cross-posting this question here because I haven't found any answer to this yet:

Quote
New SigHash Type - As part of the replay protection technology, Bitcoin Cash introduces a new way of signing transactions. This also brings additional benefits such as input value signing for improved hardware wallet security, and elimination of the quadratic hashing problem.

How so? I have checked the UAHF technical specs but it seems that it only addresses the replay protection issue.
Hypocritus
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July 31, 2017, 03:55:06 AM
Last edit: July 31, 2017, 04:14:15 AM by Hypocritus
 #1093

Frankly,

It’s a “Triple-S Maneuver”, violating a “Triple-S Principle”. “Stupidly Short-Sighted” for the necessary principle reasons of “space”, “security”, and “sobriety”.

Right now Bitcoin wisely benefits from a 1 MB block restriction (planned for 2MB in a few weeks). With Segregated Witness — which is apart from a block size increase—almost 3/4 more space is available in each block for transactions. Another way of putting it, SegWit immediately quadruples the On-Chain transaction capacity, even “before” a block size increase.

After 7 years of history, the entire user-auditable Bitcoin blockchain fits inside 136.5 GB. Absolutely BRILLIANT. With the (current) 1MB limit, the blockchain only increases in size 1MB every 8 minutes or so. Again, BRILLIANT.

With SegWit, we obtain 2 very valuable benefits before increasing the physical block size.

The first benefit is: Quadrupling the effective capacity of each 1 MB block. The following is what this looks like:

1st Block(now): 1MB (8 present mins) worth of transactions.
1st Block(SegWit): 1MB (4MB compressed) (32 present mins) worth of transactions.

2nd Block(now): 2MB (16 present mins) worth of transactions.
2nd Block(SegWit): 2MB (8MB compressed) (64 present mins) worth of transactions.

3rd Block(now): 3MB (24 mins, present) worth of transactions.
3rd Block(SegWit): 3MB (12MB compressed) (96 present mins) worth of transactions.
and so on…

With an uncompressed 8MB block, every 8 mins, the brilliantly-executed, user-accessible blockchain just became “user-unmanageable”, “user-inaccessible”, and “user-unauditable”.

“Stupid.”

("Prune" is not an acceptable solution for real full nodes and real user auditing).

The second valuable benefit provided by SegWit:

“SegWit also solves the problem where a receiver could intercept and modify the sender’s transaction ID in a bid to get more coins from the sender. Since the digital signature would be detached from the input, the unscrupulous party would have no way of changing the transaction ID without also nullifying the digital signature.”
 —  http://www.investopedia.com...

Removing SegWit without a sufficient, tested substitute:

Stupid.”

Regarding the third reason, “sobriety”:

a) The miners can now process 8 times the uncompressed transactions per block, asking for a compensating fee rate which, for the vast, most part, has been “the standard”, and not the exception. It has only been in recent times of market congestion — which for my experience has usually only been during the Western Hemisphere’s daytime — that the demand sometimes exceeded reasonable transaction fees. Many well know that at night the transaction rate almost always dropped to a regular, Memory Pool-clearing level. Did we have a scaling problem? What endeavor comparable to Bitcoin never did??? We have largely, hitherto managed to address it at a market-acceptable pace.

As if BCC and supporters are making this decision in the Far-sighted best interest of Bitcoin…

Stu-

b) This maneuver immediately i) artificially inflates the Bitcoin value ( "AIRDROPPED MONEY" Huh ARE YOU KUFFING SERIOUS???), and ii) continues to contribute to the damaging, somewhat-undeserved reputation of Bitcoin being a shady, grey-black market, law-less and controlled by “Power” as opposed to “Pensament”.

-Pid
digiworld1
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July 31, 2017, 04:22:28 AM
 #1094

To experience traders and investors, any logical speculation for alt price when Bitcoin forks, August 1st??? Many Thanks
digiworld1
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July 31, 2017, 04:23:54 AM
 #1095

I'll buy their coin at the price of $1 or lesser.

LOL, I buy @ $1.01 Smiley
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July 31, 2017, 05:28:13 AM
 #1096

Bitcoin Unlimited and any other proposals had their chance to split at any time but they preferred to stay with the original chain.

Well, no. Bitcoin Unlimited supports the Bitcoin Cash chain.

Quote
And this now;
https://mobile.twitter.com/rogerkver/status/891338448463736832

After all those time he was angry with the high fees, he is mad at cheap fees.

Bravo - way to completely miss the point. The issue he is complaining about is the 75% discount applied only to a certain class of transactions.



To senior members who may have the answer, Because of the hard fork/Bitcoin Cash, then there wont be segwit2x in November 18, 2017? Many Thanks

Hard to tell. Some of the motivation behind Bitcoin Cash is the growing realization that a significant percentage of those who advocated S2X may be planning to reneg on the 2X part. So there was never any certainty behind the 2X for to begin with.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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July 31, 2017, 05:38:53 AM
 #1097


Depends on the exchange. Some already have a coin listed as BCC, so they use BCH, like Kraken. Yobit using BCC.

So will Bitcoin Cash team unite this? I have heard already too many people are confused with "BCC" and "BCH"
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July 31, 2017, 06:07:04 AM
 #1098

It is out http://www.electroncash.org
Signatures and checksum hashes: https://github.com/fyookball/keys-n-hashes

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July 31, 2017, 06:27:10 AM
 #1099

Anyone trying to lock in a price ahead of the fork on bitcoin cash? Let me know, I'll have a good amount to sell.

Stake.com Fastest growing crypto casino & sportsbook
Primedice.com The original bitcoin instant dice game
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July 31, 2017, 06:33:39 AM
 #1100

Is BitPay supported?



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