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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 597028 times)
dr.cheema
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May 21, 2018, 10:29:15 AM
 #15221

Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k.
Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again.
Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL  Cool

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May 21, 2018, 11:08:30 AM
 #15222

With the new fork, the blocks are at 32 MB now. Does that mean that the Bitcoin cash blockchain is increasing of 4.6 GO everyday? Seems a bit exponential, no?
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May 21, 2018, 12:07:19 PM
 #15223

If you only follow what Roger Ver is doing/saying, you will miss the reality.

You should instead follow what the Bitcoin ABC / Unlimited devs are doing, on their source repo, chats and forums Wink

When Localbitcoins and other institutional investors will follow the reality. Roger Ver, Fake Satoshi and some other out of mind people already ruined the spirit of this coin and now it will be really hard for it to get recover.

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May 21, 2018, 12:32:23 PM
 #15224

With the new fork, the blocks are at 32 MB now. Does that mean that the Bitcoin cash blockchain is increasing of 4.6 GO everyday? Seems a bit exponential, no?

The idea is to have planned space and capacity for a high adoption rate to never ever run into congestion issues or 'please wait 18months' / our bank is under construction-> use PayPal, or similar crap that happens to other chains in the room.

Micropayments are welcome, so are all unbanked and bad fiat suffering regions on the planet.

Asset pegging is a thing.

Cheap mixing / privacy needs decent capacity.

Decentralized blogging, content offering, logistics,...

Did I miss sth?


I m sure other things will come into BCH as well, since community is not the 'NOxx' / 'boycott xx' / 'trolling all other chains', 'wait for lambo' one - rather freedom of choice and build up good things. > thx OP !


Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
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May 21, 2018, 12:35:43 PM
 #15225

With the new fork, the blocks are at 32 MB now. Does that mean that the Bitcoin cash blockchain is increasing of 4.6 GO everyday? Seems a bit exponential, no?

nope. that's the theoretical maximum and you need real users doing real transactions to reach it. there's no way bitcoin itself gets within 10% of that turnover, let alone a fork that's less known and less used.

at the moment blocks are often less than 0.1mb so blockchain growth is small. i'd love to know how a maxed out chain would pan out but i'm not sure we'll ever find out.
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May 21, 2018, 01:25:27 PM
 #15226

With the new fork, the blocks are at 32 MB now. Does that mean that the Bitcoin cash blockchain is increasing of 4.6 GO everyday? Seems a bit exponential, no?

nope. that's the theoretical maximum and you need real users doing real transactions to reach it. there's no way bitcoin itself gets within 10% of that turnover, let alone a fork that's less known and less used.

at the moment blocks are often less than 0.1mb so blockchain growth is small. i'd love to know how a maxed out chain would pan out but i'm not sure we'll ever find out.

Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.
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May 21, 2018, 01:28:33 PM
 #15227

Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k.
Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again.
Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL  Cool
yes, there is no doubt to hold BCH let's save to buy it Wink

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May 21, 2018, 01:31:42 PM
 #15228

Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.

yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage.
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May 21, 2018, 01:41:33 PM
 #15229

I’m continuing to hold BCH..

[ANN][ICO]smART OF GIVING (AOG)
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May 21, 2018, 01:53:56 PM
 #15230

The Bitcoin Cash fork is over and everything looks very good and promissing. Now we can go back to business and bring this baby on the way to the moon. Bitcoin Cash will be big this year.

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May 21, 2018, 02:08:46 PM
 #15231

Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.

yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage.

Anyone could spam the network with large-sized 1 sat fee transactions at relatively low cost to prove/disprove the problems of having 32mb blocks.
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May 21, 2018, 02:46:40 PM
 #15232

Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k.
Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again.
Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL  Cool
yes, there is no doubt to hold BCH let's save to buy it Wink

What BCH now is infrastructure. Coin usage. Institutions that are using the coin. BTC may rise and rise this year, BCH will be pump and dump. But if BCH works continuously with its target market application, that's the time, BCH can redeem itself and become side by side with BTC on top of the coin exchange.

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May 21, 2018, 03:04:50 PM
 #15233

Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k.
Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again.
Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL  Cool
yes, there is no doubt to hold BCH let's save to buy it Wink

What BCH now is infrastructure. Coin usage. Institutions that are using the coin. BTC may rise and rise this year, BCH will be pump and dump. But if BCH works continuously with its target market application, that's the time, BCH can redeem itself and become side by side with BTC on top of the coin exchange.
I think Bch and Btc will continue to co-exist because now only Bch can compete Btc's popularity is just my opinion, maybe I will monitor Bch to find the best price so I can buy it and I forget for one year Grin.

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May 21, 2018, 03:33:01 PM
 #15234

Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.

yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage.

Extravagant? More like significant.

Problems? Certainly none as large as $50 transaction fees and week-long settlements.

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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May 21, 2018, 03:38:11 PM
 #15235

Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.

yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage.

Anyone could spam the network with large-sized 1 sat fee transactions at relatively low cost to prove/disprove the problems of having 32mb blocks.

Guess what? You are invited to do so!

Guess what else? Miners will be happy to define what spam really is, at their acceptance levels.

Im sure you ll help a lot beeing the first filling it up!


 Grin

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
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May 21, 2018, 05:57:33 PM
 #15236

So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.
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May 21, 2018, 08:30:57 PM
 #15237

So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.

old bitcoin feature already live ~ sorry to break it to ya Wink lol

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
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May 21, 2018, 09:31:05 PM
 #15238

So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.

old bitcoin feature already live ~ sorry to break it to ya Wink lol

Cheap fees, no limits and high adoption, yep.

Feels 2012!

 Wink

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
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May 22, 2018, 01:02:08 AM
 #15239

So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.

old bitcoin feature already live ~ sorry to break it to ya Wink lol

Cheap fees, no limits and high adoption, yep.

Feels 2012!

 Wink

no one wants chinese copys of bitcoin ~ BTI is the original BTC fork(*circa 2014) ~ nothing you can say will ever change this fact!!

look its starting to pump too ===>  BTI/BTC : +11.06%

https://freiexchange.com/market/BTI/BTC

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
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May 22, 2018, 01:43:05 AM
 #15240

look its starting to pump too ===>  BTI/BTC : +11.06%

Mmmm hmmm... mmm hmm. On a 24 hour volume of 0.00577 BTC.

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