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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 590491 times)
classicsucks
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January 20, 2018, 11:30:19 PM
 #12941

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



Bruh, you seem smarter than all of this... and nice "did you mean Bcash" meme.

This LN crap is all so complicated, buggy, and useless. Sad to see intelligent people buying this load of horse manure.

As others have said, nobody wants to lock up funds and create channels and do KYC and watch their wealth evaporate the next time BTC plunges and they can't get out...
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January 20, 2018, 11:50:13 PM
 #12942

Just for you I closed out the 1 channel I had on testnet see how simple it it

https://www.youtube.com/watch?v=AltZ2WjGyx4

"This video has been removed from YouTube for violation of terms of service"

Quote
Is this what you call locking up the funds ?

https://live.blockcypher.com/btc-testnet/tx/51022c876337e1975ab9fcb181574ea4250617b802b3033e19d151d8bdca16d7/

The transaction output back to my wallet onchain to do whatever I need

Hmm. So it cost you either 1/3 or 2/3 of the value you had in the channel in order to close it. Let's presume 1/3 to be generous. We can therefor assume it likely cost another 1/3 to open it. So you spent 2/3 of your nut just opening and closing your channel. Gee - sounds great. Sign me up.
 Roll Eyes

Edit: corrected gaffe.

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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January 20, 2018, 11:51:46 PM
 #12943

^tbh m8, i just want this discussion on a proper thread..why dont you create one?

Clearly because the purpose is to derail discussion of Bitcoin Cash. Must be a part of Adam Back's admitted paid shill force.

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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January 20, 2018, 11:57:02 PM
 #12944

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



Bruh, you seem smarter than all of this... and nice "did you mean Bcash" meme.

This LN crap is all so complicated, buggy, and useless. Sad to see intelligent people buying this load of horse manure.

As others have said, nobody wants to lock up funds and create channels and do KYC and watch their wealth evaporate the next time BTC plunges and they can't get out...

Like I said there is no locking up funds you can close the channel at ANY time and funds are available back to your wallet this is one I closed a bit earlier as an example

https://live.blockcypher.com/btc-testnet/tx/51022c876337e1975ab9fcb181574ea4250617b802b3033e19d151d8bdca16d7/

You are in very basic layman's terms just sending BTC from one wallet to a muiltisig wallet with lock time failsafe

If you broadcast the transaction state (your own personal cryptographically secured ledger) then the multisig balance is just moved back to your funding wallet at the final ratio and channel closed

The timelock failsafe is used for if say I broadcast my ledger balance and the other node refuses to close it for whatever reason or dies and is permanently taken off line then yes the funds are locked until the lock times out but it is not in their interest to refuse to close because if they do I could just claim everything back as my ledger is more up to date and they would lose everything.


All this is handled by the wallet in the background so you have your offline hardware or whatever wallet with all funds safe and secure and your online wallet with spending money


So you want to get some spending money so instead of sending to your  online wallet you sent to a LN address instead that's the only difference if thats too hard maybe you shouldn't be in crypto

The above is not 100% correct just a rough easy to understand roundabout way but that does not change the rules



Yes the mainnet software tools still need more testing to be as good as bug free as you can get but it's getting there fast
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January 20, 2018, 11:59:04 PM
 #12945

^tbh m8, i just want this discussion on a proper thread..why dont you create one?

Clearly because the purpose is to derail discussion of Bitcoin Cash. Must be a part of Adam Back's admitted paid shill force.

Actually I didn't bring it up i just started correcting mistakes then got told I should move it maybe because it shows everything that has been spread were in fact all lies
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January 21, 2018, 12:00:59 AM
 #12946


Hmm. So it cost you either 1/3 or 2/3 of the value you had in the channel in order to close it. Let's presume 1/3 to be generous. We can therefor assume it likely cost another 1/3 to open it. So you spent 2/3 of your nut just opening and closing your channel. Gee - sounds great. Sign me up.
 Roll Eyes

Um, your math is wrong...
fee=0.00026113
principal=0.00973887
0.00026113/0.00973887=0.02681317237
0.02681317237*100=2.681317237%
that is not 1/3
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January 21, 2018, 12:15:53 AM
 #12947

Just for you I closed out the 1 channel I had on testnet see how simple it it

https://www.youtube.com/watch?v=AltZ2WjGyx4

"This video has been removed from YouTube for violation of terms of service"

Quote
Is this what you call locking up the funds ?

https://live.blockcypher.com/btc-testnet/tx/51022c876337e1975ab9fcb181574ea4250617b802b3033e19d151d8bdca16d7/

The transaction output back to my wallet onchain to do whatever I need

Hmm. So it cost you either 1/3 or 2/3 of the value you had in the channel in order to close it. Let's presume 1/3 to be generous. We can therefor assume it likely cost another 1/3 to open it. So you spent 2/3 of your nut just opening and closing your channel. Gee - sounds great. Sign me up.
 Roll Eyes

Where did you get that from ? maybe you need to go back to school there is 2.61% how is this even close to 1/3 now it all makes sense why you are with BCH  Cool

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January 21, 2018, 12:18:03 AM
 #12948

lol

This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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January 21, 2018, 12:21:27 AM
 #12949

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 21, 2018, 12:23:53 AM
 #12950

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

was it confirmed with 3 confirmations which is usually the minimum anywhere accepts because I can assure you I could send a confirmed LN transaction in the time you typed the first word

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January 21, 2018, 12:26:48 AM
 #12951


Hmm. So it cost you either 1/3 or 2/3 of the value you had in the channel in order to close it. Let's presume 1/3 to be generous. We can therefor assume it likely cost another 1/3 to open it. So you spent 2/3 of your nut just opening and closing your channel. Gee - sounds great. Sign me up.
 Roll Eyes

Um, your math is wrong...
fee=0.00026113
principal=0.00973887
0.00026113/0.00973887=0.02681317237
0.02681317237*100=2.681317237%
that is not 1/3

Mea culpa. Unfamiliar interface. I saw the two outputs, and assumed one was the fee.

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

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January 21, 2018, 12:29:07 AM
 #12952


Hmm. So it cost you either 1/3 or 2/3 of the value you had in the channel in order to close it. Let's presume 1/3 to be generous. We can therefor assume it likely cost another 1/3 to open it. So you spent 2/3 of your nut just opening and closing your channel. Gee - sounds great. Sign me up.
 Roll Eyes

Um, your math is wrong...
fee=0.00026113
principal=0.00973887
0.00026113/0.00973887=0.02681317237
0.02681317237*100=2.681317237%
that is not 1/3

Mea culpa. Unfamiliar interface. I saw the two outputs, and assumed one was the fee.

No one is what I didnt spend and was returned the other is what I spent and was sent to the other party and the funds never left the chain either they were just placed into a "temporary" wallet still secured that when I closed the channel were automatically split to the value of the final channel balance

 
This was the funding transaction 25 days ago

David48l
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January 21, 2018, 01:24:23 AM
 #12953

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



no, lightning is not complicated, and tomorrow will be working. (irony mode)

jajaj

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 21, 2018, 01:25:35 AM
 #12954

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

was it confirmed with 3 confirmations which is usually the minimum anywhere accepts because I can assure you I could send a confirmed LN transaction in the time you typed the first word



Then send it and show a screenshot  Roll Eyes



BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 21, 2018, 01:27:22 AM
 #12955

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

was it confirmed with 3 confirmations which is usually the minimum anywhere accepts because I can assure you I could send a confirmed LN transaction in the time you typed the first word



with bitcoin cash you can send instantly with 0 confirmations  Cool

I do not know if you know what are 0 confirmations since in btc it is absolutely impossible now

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 21, 2018, 01:30:56 AM
 #12956

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

was it confirmed with 3 confirmations which is usually the minimum anywhere accepts because I can assure you I could send a confirmed LN transaction in the time you typed the first word



with bitcoin cash you can send instantly with 0 confirmations  Cool

I do not know if you know what are 0 confirmations since in btc it is absolutely impossible now

You can send 0 fee yes but unless the recipient accepts 0 fee then 0 fee is useless

David48l
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January 21, 2018, 01:31:40 AM
 #12957

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

was it confirmed with 3 confirmations which is usually the minimum anywhere accepts because I can assure you I could send a confirmed LN transaction in the time you typed the first word



Anyway what do you do here explaining the complications and cumbersome implementations of lightning in this forum?

Here we do not need lightning, bitcoin cash works with 0 confirmations

I do not understand their behavior, unless it is a CORE TROLL

And bitcoin cash is working NOW, everything else segwit and lightning is just smoke, have three years with the same story, promises and more promises

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 21, 2018, 01:38:02 AM
 #12958

^tbh m8, i just want this discussion on a proper thread..why dont you create one?
Keeps the segwet/lightning stuff away from from Bitcoin cash thread...and helps you teach the people that want to go segwet.

Segwit is same its wallet based you use it identical to a legacy transaction there is no difference whatsoever to a end user apart from the raw transaction output the wallet generates is segwit or legacy

Why create a whole new thread just to say use the same as before all the hardware wallets now use segwit and more and more software ones do plus segwit is now merged to the core wallet so the next release will support it natively.

As for LN then like its been said the mainnet tools are not user friendly c-lightning has some bugs (the blockstream implementation hence the warning on using on mainnet) but LND and ACINQ seem to be reliable I have never had any issues with them and there does not seem to be and massive widespread bugs reported either

Face it a lot of what's been spread were all lies and if you look at the explorers you can see LN is in fact a mesh network like I said it would be NOT a hub and spoke like what was spread.

As for a node needing high liquidity this is also false as the transaction can be split over several routes so no 1 node needs to have the amount you want to send as the payment will just take several routes

LN uses onion routing like tor so the transaction is like a parcel with many layers that you pass to someone else they take of a layer and get the next address and pass it on and so on until it reaches its destination with no hop knowing anything about where its been as this information is discarded and where it's going as its not been unwrapped

If you don't want people posting about LN here don't post lies that need correcting


Also talk about censorship that little video I posted showing just how easy is was to close a LN channel has been reported to youtube and is pending review posted onny here as I just created it but I don't care in case it was not noticed it was a new channel just for that one video not MY channel as im not stupid enough to do that  Tongue

Just goes to prove how scared you all are though as ive NEVER seen as many lies being spread over the last few days from the BCH crowd around twitter etc and its all being proved wrong



In what has taken you to write all that boredom, I sent a bitcon cash transaction and it has arrived before you finished it  Cool

was it confirmed with 3 confirmations which is usually the minimum anywhere accepts because I can assure you I could send a confirmed LN transaction in the time you typed the first word



with bitcoin cash you can send instantly with 0 confirmations  Cool

I do not know if you know what are 0 confirmations since in btc it is absolutely impossible now

You can send 0 fee yes but unless the recipient accepts 0 fee then 0 fee is useless



Lightning will understand enough, but otherwise it is quite clumsy

I will explain how the 0 confirmations works, it is quite simple.

Nobody has to accept or not, it's a fact, sending in bitcoin cash has total security that your tx will be confirmed in the next block no matter what happens.

Also the tx are again immutable, can not be returned or sent to another recipient by changing the rate, something that introduced Core and has been put to normality in bitcon cash

And if you buy a Ferrari I guess the seller would not mind waiting 10min to be confirmed

Core introduced the change of tx rate to create a problem and offer us your paypal solution

Core limito el tamaño de bloque para crear un problea y ofrecernos su solucion paypal

etc, etc

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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January 21, 2018, 01:39:57 AM
Merited by 007eminem (34), lidonglan1012 (1)
 #12959

Bitcoin cash is very promising. The characteristics of fast speed and low fee are enough to shake the status of BTC in the future. I estimate that its price will reach 0.5BTC in 2018. Cool

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January 21, 2018, 01:43:32 AM
 #12960

If you think LN is great, read this

https://www.reddit.com/r/btc/comments/7rtcd2/if_you_think_ln_is_great_read_this/

BITCOIN CASH IS THE REAL BITCOIN, BITCOIN SEGWIT IS PAYPAL
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