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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703958 times)
edonkey
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August 01, 2017, 02:42:43 PM
 #1421

If ViaBTC is the only pool of consequence mining, and they have 127 PHs, then the probability (at the current difficulty) is that they'll find a block within 8 hours.

There's also rules in BCH that will reduce the difficulty mid-adjustment period. Maybe an expert (not me) can comment on what circumstances are needed to reduce the difficulty before the next adjustment.

Was I helpful?   BTC: 3G1Ubof5u8K9iJkM8We2f3amYZgGVdvpHr
Fredomago
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August 01, 2017, 02:46:19 PM
 #1422

This thread is full of idiots who wants to lose money.

I have bitcoin in my bitcoin-qt wallet.
What do I have to do to get BCC?
There is no BCH until they actually mine a block. This altcoin will be dumped to the ground.

Bitcoincash 1st block https://pool.viabtc.com


I guess it is block: 478558

the last common block. There is no bitcoin cash block yet.
getting curious how this will happen after they find a block i only got small amount of btc from my desktop wallet and im waiting for some great news
on how and if there's already bcc that can be seen inside the wallet or whatever options that can give me free bch coin.

..Stake.com..   ▄████████████████████████████████████▄
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kashish948
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August 01, 2017, 02:46:41 PM
 #1423

bittrex bitfinex both say they will decide later on btc/bcc pair! atleast one of them should list it so that i dump haha  Cheesy
MonkeyDreamer
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August 01, 2017, 02:47:29 PM
 #1424

Coin.dance confirm that "As Now" no block found https://cash.coin.dance/blocks

Blockchair.com says this: https://blockchair.com/bitcoin-cash/blocks

So what is happening?  Grin
matt4054
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August 01, 2017, 02:47:55 PM
 #1425

There's also rules in BCH that will reduce the difficulty mid-adjustment period. Maybe an expert (not me) can comment on what circumstances are needed to reduce the difficulty before the next adjustment.

Here it is:

Quote
REQ-7 Difficulty adjustement in case of hashrate drop

In case the MTP of the tip of the chain is 12h or more after the MTP 6 block before the tip, the proof of work target is increased by a quarter, or 25%, which corresponds to a difficulty reduction of 20% .

RATIONALE: The hashrate supporting the chain is dependent on market price and hard to predict. In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop.

Source: https://github.com/Bitcoin-UAHF/spec/blob/master/uahf-technical-spec.md
Hypocritus
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August 01, 2017, 02:48:37 PM
 #1426

ViaBTC says the total network hash is equal between BCC and BTC.

https://pool.viabtc.com

But statistically, this certainly cannot be.

Why anyone would publish such verifiably false information as this is utterly beyond my comprehension.
loshia
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August 01, 2017, 02:51:35 PM
 #1427

This thread is full of idiots who wants to lose money.


No you are not correct they are BRAINLESS idiots Wink

I have reserved my front seat for party 10+ posts ago. Honestly speaking i am ENJOYING IT VERY MUCH so far. I am expecting posting of said stories to begin any moment Cheesy

For those who still have not put into risk their BTC
!!!PERFORM NO ACTION AND FORGET THAT THIS SHIT EVER HAPPEND!!!
Otherwise i am all years to hear your said stories Grin

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
pumz
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August 01, 2017, 02:51:45 PM
 #1428

If you want to keep monitoring the situation here it is the link to keep eye on: https://www.btcforkmonitor.info/ . Since forked has happened Bitcoin's main chain is ahead of 12 blocks than BCC which is clear seen able. It is all due to not having enough hash to generate first block for BCC. Let's see how long it will take.
matt4054
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August 01, 2017, 02:52:09 PM
 #1429

ViaBTC says the total network hash is equal between BCC and BTC.

https://pool.viabtc.com/

But statistically, this certainly cannot be.

Why anyone would publish such verifiably false information as this is utterly beyond my comprehension.

I would say it's merely a legacy of the pre-fork hashrate. No one can determine the network hashrate before blocks actually get mined.

That being said, assuming ViaBTC is the only significant BCash pool, we probably won't see blocks before several more hours.
Tmdz
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August 01, 2017, 02:54:48 PM
 #1430

ViaBTC says the total network hash is equal between BCC and BTC.

https://pool.viabtc.com

But statistically, this certainly cannot be.

Why anyone would publish such verifiably false information as this is utterly beyond my comprehension.

Because the hashrate will be calculated based on bitcoin BEFORE the split.  Hashrate is calculated based on block time and difficulty, so not enough blocks have been mined therefore the old number is used until there is enough data to update.
tekmobile
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August 01, 2017, 02:55:43 PM
 #1431



No you are not correct they are BRAINLESS idiots Wink

I have reserved my front seat for party 10+ posts ago. Honestly speaking i am ENJOYING IT VERY MUCH so far. I am expecting posting of said stories to begin any moment Cheesy

For those who do still did not put into risk their BTC
PERFORM NO ACTION AND FORGET THAT THIS SHIT EVER HAPPEND
Otherwise i am all years to hear your said stories Grin

The way its going right now it may as well have not happened
Hypocritus
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August 01, 2017, 02:56:54 PM
 #1432

ViaBTC says the total network hash is equal between BCC and BTC.

https://pool.viabtc.com/

But statistically, this certainly cannot be.

Why anyone would publish such verifiably false information as this is utterly beyond my comprehension.

I would say it's merely a legacy of the pre-fork hashrate. No one can determine the network hashrate before blocks actually get mined.

That being said, assuming ViaBTC is the only significant BCash pool, we probably won't see blocks before several more hours.

With Bitcoin, hashrates do not increase or decrease by orders of magnitude over periods of seconds or minutes. If the info is "legacy" info, it is definitely still flawed.
Hypocritus
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August 01, 2017, 02:58:01 PM
 #1433

ViaBTC says the total network hash is equal between BCC and BTC.

https://pool.viabtc.com

But statistically, this certainly cannot be.

Why anyone would publish such verifiably false information as this is utterly beyond my comprehension.

Because the hashrate will be calculated based on bitcoin BEFORE the split.  Hashrate is calculated based on block time and difficulty, so not enough blocks have been mined therefore the old number is used until there is enough data to update.

The information is false.
ramboacdc
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August 01, 2017, 02:58:43 PM
 #1434

https://blockchair.com/bitcoin-cash/blocks

block chair showing a fair few blocks found.
loshia
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August 01, 2017, 02:59:30 PM
 #1435



No you are not correct they are BRAINLESS idiots Wink

I have reserved my front seat for party 10+ posts ago. Honestly speaking i am ENJOYING IT VERY MUCH so far. I am expecting posting of said stories to begin any moment Cheesy

For those who do still did not put into risk their BTC
PERFORM NO ACTION AND FORGET THAT THIS SHIT EVER HAPPEND
Otherwise i am all years to hear your said stories Grin

The way its going right now it may as well have not happened
That is the whole pint dude it may it shouldn't and so on. I said it must or must not. And i am trying to warn people who do not have a clue what is going on. I started gently first then not so gently with some irony not to TRUST THIS COMPLETELY UNTESTED SHIT SPONSORED BY CHINESE
Take a look in my posts in this thread if you want. What needs to be said is said already.

Please help the Led Boy aka Bicknellski to make us a nice Christmas led tree and pay WASP membership fee here:
https://bitcointalk.org/index.php?topic=643999.msg7191563#msg7191563
And remember Bicknellski is not collecting money from community;D
matt4054
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August 01, 2017, 03:03:02 PM
Last edit: August 01, 2017, 03:34:23 PM by matt4054
 #1436

https://blockchair.com/bitcoin-cash/blocks

block chair showing a fair few blocks found.

The site is rekt and no block has been relayed to nodes yet.
EDIT: when it's working, the site is just showing blocks up to height 478557 so... nope, you're wrong.

With Bitcoin, hashrates do not increase or decrease by orders of magnitude over periods of seconds or minutes. If the info is "legacy" info, it is definitely still flawed.

Of course it's flawed. You are so vehemently defending your point, you should learn to take yes for an answer Wink
Yefet
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August 01, 2017, 03:12:05 PM
 #1437

https://blockchair.com/bitcoin-cash/blocks

block chair showing a fair few blocks found.

no blocks above 1 MB, so they are last common blocks
jc12345
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August 01, 2017, 03:15:16 PM
 #1438

Is it correct to say that people moving their BTC before the first block is mined on the new chain loses their BCC/BCH for the private key where it was moved from?
johnsmithx
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I don't buy nor sell anything here and never will.


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August 01, 2017, 03:15:59 PM
 #1439

This thread is full of idiots who wants to lose money.


No you are not correct they are BRAINLESS idiots Wink

I have reserved my front seat for party 10+ posts ago. Honestly speaking i am ENJOYING IT VERY MUCH so far. I am expecting posting of said stories to begin any moment Cheesy

For those who still have not put into risk their BTC
!!!PERFORM NO ACTION AND FORGET THAT THIS SHIT EVER HAPPEND!!!
Otherwise i am all years to hear your said stories Grin

Not one single sentence you typed correctly, reducing yourself to the level of a second-grader (7 year old), yet you have the audacity to call others "brainless idiots". A hilarious example of self-ridicule.

My list of 43(+3) reviewed Bitcoin forks | You don't have to download the pre-fork blockchain again for each fork! | Beware of fraudulent AWS accounts sellers and dangerous edu AWS codes! + My personal list of legit sellers and scammers | Never publicly reveal your btc addresses, ownership or any other details and stay very far away from anybody who asks you to! | The general rule of safe buying is: if the seller is a newbie, with no reputation, with no topic nor trust feedback, offering no vouches and/or selling from a locked or self-moderated topic and unwilling to go first or use escrow => AVOID. Always check the trust feedback first and make sure that you have enabled "Show untrusted feedback by default" in "Profile / Forum Profile Information".
someone111
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August 01, 2017, 03:17:01 PM
 #1440

If I move my BTC in electrum now from one address of mine to another address of mine... I am only moving my BTC, right?

The BCC are split off, remaining on the old address on the yet to be created BCC block / chain?

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