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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 649200 times)
newegggo
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December 10, 2017, 01:29:22 AM
 #11221

What will happen with bitcoin and bitcoin cash after futures?
I hope they can both have a tremendous pump. Cheesy

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jbreher
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lose: unfind ... loose: untight


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December 10, 2017, 04:33:25 AM
 #11222


Central banks around the world are aware that the international monetary system is moving away from the US dollar and that the role of cryptocurrencies will become much greater in the future. However, sudden shocks could bring the global economy into free fall.

Therefore, central banks will have no choice but to accumulate crypto reserves. Goldcoin (GLD) is ideally suited for use as a reserve currency by central banks because it's built on the original Nakamoto protocol and has been fully hardened by our 51% defense system.

--

Goldcoin (GLD) could potentially become the new reserve currency of the world: https://en.wikipedia.org/wiki/Gold_reserve


I guess this is a good time to ask my still unanswered trivia question.  Does anyone here know what SDR is?  lol

the correct answer will win some BCH from me.  I reserve the right to send any amount I wish based upon quality of the answer..

I already answered you back when you asked that question a couple weeks ago. It was within a couple posts of your asking. You never even acknowledged that I posted.  You want me to dig it up for you?

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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December 10, 2017, 04:35:35 AM
 #11223

Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin

Sorry, but that is just plain ridiculous. Ver has owned the bitcoin.com domain name for way longer than Bitcoin Cash had even been conceptualized.

Where do you come up with this drek?

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.
chilling888
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December 10, 2017, 04:44:02 AM
 #11224

Its just pushed by Roger  Angry
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December 10, 2017, 05:20:29 AM
 #11225

Let's see where Bitcoin Cash is going. Roger Ver bought the bitcoin.com domain because he believes that Bitcoin Cash is going to be rebranded to Bitcoin and that Bitcoin core is going to be the Bitcoin Classic, mainly because he believes that BCH it's the true vision of Satoshi. I really would like that Satoshi could give his own opinion about all this.

Wow, I didn't know about this thing until today after accidentally bumped this post. But I have a feeling that the site is pro-BCC or BCH and others have sensed it too based on their comment/s on website's news releases. So, what do you think of their Bitcoin news, do they have some fake news?
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December 10, 2017, 08:23:59 AM
 #11226

Its just pushed by Roger  Angry

Roger Ver was the very first pushing Bitcoin (2011) , so whats wrong here?

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin - mine honest!
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The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
flyx
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December 10, 2017, 10:26:59 AM
 #11227

Its just pushed by Roger  Angry

Absolutely ..

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tekmobile
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December 10, 2017, 10:35:19 AM
 #11228

This is the future shame BCH can't do it

https://twitter.com/joaodealmeida94/status/939721796902883328
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December 10, 2017, 11:15:42 AM
 #11229

This is the future shame BCH can't do it

In the controlled conditions of a lab, any coin can do this.

Get to me when there is a solution working in the wild.

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.
tekmobile
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December 10, 2017, 11:33:43 AM
 #11230

This is the future shame BCH can't do it

In the controlled conditions of a lab, any coin can do this.

Get to me when there is a solution working in the wild.

It's been tested on mainnet successfully routing through various hops using all the different implementations of lightning with public beta for everyone to use being released soon
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December 10, 2017, 12:05:51 PM
 #11231

This is the future shame BCH can't do it

In the controlled conditions of a lab, any coin can do this.

Get to me when there is a solution working in the wild.

It's been tested on mainnet successfully routing through various hops using all the different implementations of lightning with public beta for everyone to use being released soon

Any idea what could happen in real world, under real attacks and economical competitive circumstances?

Are you willing to compensate lost funds if fails or are you only shilling and quickly back out, having also never provided any financial world recommendet disclaimer?

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin - mine honest!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
Agro465
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December 10, 2017, 01:28:22 PM
 #11232

I think that something is going on today at bitcoin and bitcoin cash. such a back and forth
flyx
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December 10, 2017, 02:54:58 PM
 #11233

I think that something is going on today at bitcoin and bitcoin cash. such a back and forth

I understand why bitcoin will rising
but There is not reason for rising bch except organic pumps

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December 10, 2017, 04:10:30 PM
 #11234

This is the future shame BCH can't do it

In the controlled conditions of a lab, any coin can do this.

Get to me when there is a solution working in the wild.

It's been tested on mainnet successfully routing through various hops using all the different implementations of lightning with public beta for everyone to use being released soon

Released soon , is NOT Released Now!

Still vaporware until then.

When shitnet is released, you think people will need a 4 year degree before they can understand all of the stupid hoops it will make them jump thru.
Or
Will the shitnet banks, just say give us your money , we will do it all for you because you are too stupid to understand this convoluted shitnet system,
that was designed to be too hard for 70% of the populace to use.   Tongue


╥Aztek

Payment channels can be created automatic so its pretty simple

1. Visit site
2. scan code (payment amount is included and shown)
3. press send/pay
4. if a routable payment channel exists then payment is sent and transaction is complete otherwise a routable channel is created and then payment is sent then transaction is complete

Thats it


bones261
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December 10, 2017, 04:21:14 PM
 #11235

This is the future shame BCH can't do it

In the controlled conditions of a lab, any coin can do this.

Get to me when there is a solution working in the wild.

It's been tested on mainnet successfully routing through various hops using all the different implementations of lightning with public beta for everyone to use being released soon

Released soon , is NOT Released Now!

Still vaporware until then.

When shitnet is released, you think people will need a 4 year degree before they can understand all of the stupid hoops it will make them jump thru.
Or
Will the shitnet banks, just say give us your money , we will do it all for you because you are too stupid to understand this convoluted shitnet system,
that was designed to be too hard for 70% of the populace to use.   Tongue


╥Aztek

Well Craig Wright has been touting that they are working on ways to optimize they way BCH handles the transactions and and will be switching to unlimited blocks sometime in 2018. Shall we consider that Vaporware too? Roll Eyes Too bad. The proposals he's been presenting are rather interesting. But since they are not implemented yet, I'll just dismiss it as "vaporware" and proceed accordingly.

......
.L I V E C O I N . N E T.
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..PROFITBOX..
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December 10, 2017, 04:23:15 PM
 #11236


Payment channels can be created automatic so its pretty simple

1. Visit site
2. scan code (payment amount is included and shown)
3. press send/pay
4. if a routable payment channel exists then payment is sent and transaction is complete otherwise a routable channel is created and then payment is sent then transaction is complete

Thats it


If it is going to be so easy, what is keeping the dumbasses from releasing it.

You left out a crap load of Alice & Bob examples, plus the timelocks, that people need to understand.

You seem to leave out details all of the time, it is almost like you are doing it on purpose.  Wink


╥Aztek

1.Its called testing when you are dealing with a multi billion network you cannot afford mistakes
2. The alice and bob examples of how things work behind the scenes and whats going off in the background when you buy something with visa do you know exactly what happens behind the scenes
3. Timelocks you mean the opening and closing of the channel something that happens automatic

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December 10, 2017, 04:29:24 PM
 #11237

Well Craig Wright has been touting that they are working on ways to optimize they way BCH handles the transactions and and will be switching to unlimited blocks sometime in 2018. Shall we consider that Vaporware too? Roll Eyes

Until it is released in the real world, then yes it is all vaporware.

Bitcoin Cash does not currently have any scaling problems, segshit does.


╥Aztek

Well, then I shall assume that BCH will only be able to scale to about 50-60tx per second. Very paltry rate when we want this to be used by the masses to buy coffee. Kiss

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.L I V E C O I N . N E T.
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..PROFITBOX..
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tekmobile
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December 10, 2017, 04:32:39 PM
 #11238

Well Craig Wright has been touting that they are working on ways to optimize they way BCH handles the transactions and and will be switching to unlimited blocks sometime in 2018. Shall we consider that Vaporware too? Roll Eyes

Until it is released in the real world, then yes it is all vaporware.

Bitcoin Cash does not currently have any scaling problems, segshit does.


╥Aztek

And instead of releasing a short term fix that will then probably need to HF again for one that's longer term bitcoin is releasing a long term fix now that will scale far beyond unlimited block sizes why didn't cash just remove the block limit from day 1 if it was that easy.

It is still unknown how well a unlimited block will handle millions of tx/s but nodes will become very expensive to run and the free wallets may not be able to afford to run the nodes they require to operate and in the future start requiring a monthly subscription or a fixed purchase price to cover the operating costs for the wallet node
bones261
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December 10, 2017, 04:39:15 PM
 #11239

Well Craig Wright has been touting that they are working on ways to optimize they way BCH handles the transactions and and will be switching to unlimited blocks sometime in 2018. Shall we consider that Vaporware too? Roll Eyes

Until it is released in the real world, then yes it is all vaporware.

Bitcoin Cash does not currently have any scaling problems, segshit does.


╥Aztek

And instead of releasing a short term fix that will then probably need to HF again for one that's longer term bitcoin is releasing a long term fix now that will scale far beyond unlimited block sizes why didn't cash just remove the block limit from day 1 if it was that easy.

It is still unknown how well a unlimited block will handle millions of tx/s but nodes will become very expensive to run and the free wallets may not be able to afford to run the nodes they require to operate and in the future start requiring a monthly subscription or a fixed purchase price to cover the operating costs for the wallet node

I love the unlimited blocks. I would love to backup my entire itunes library on the BCH blockchain. I'll pay a nominal fee for that.

......
.L I V E C O I N . N E T.
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..PROFITBOX..
██  █████████████████████████
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tekmobile
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December 10, 2017, 04:48:31 PM
 #11240

Well Craig Wright has been touting that they are working on ways to optimize they way BCH handles the transactions and and will be switching to unlimited blocks sometime in 2018. Shall we consider that Vaporware too? Roll Eyes

Until it is released in the real world, then yes it is all vaporware.

Bitcoin Cash does not currently have any scaling problems, segshit does.


╥Aztek

And instead of releasing a short term fix that will then probably need to HF again for one that's longer term bitcoin is releasing a long term fix now that will scale far beyond unlimited block sizes why didn't cash just remove the block limit from day 1 if it was that easy.

It is still unknown how well a unlimited block will handle millions of tx/s but nodes will become very expensive to run and the free wallets may not be able to afford to run the nodes they require to operate and in the future start requiring a monthly subscription or a fixed purchase price to cover the operating costs for the wallet node

They released a solution that fixes the problem for the next 4 years,
trying to fix a solution 50 years away , when you have no idea what technology will be available in the next 10 years shows a stupidity rare in the world.

Until 8 MB blocks are full on a consistent basis, there is really no point to upgrade BCH.

Funny you argue 8MB is not enough and yet have hundreds of thousands of unconfirmed transactions waiting on 1mb and you want to sit on your hands and wait for the shitnet vaporware.
Too Funny.


╥Aztek



sending $10000 costs the exact same to mine and store as $0.01 does it make any sense for all those $0.10 micropayments to be stored on the chain forever

Ain't it much better to store safe and secure your vast wealth on the chain and for all the little nonsense transactions that you will potentially make to be forgotten about straight away I mean do you really care that much that you can look back on your life 20 years from now and say here was my first coffee I had with bitcoin enough to clog up terabytes/petabytes etc worth of data for years to come
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