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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 690076 times)
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June 05, 2018, 01:08:38 AM
 #15301

First UTXO Commitment on Testnet
https://www.yours.org/content/first-utxo-commitment-on-testnet-db7bf45bf83d

https://www.reddit.com/r/btc/comments/8olovh/first_utxo_commitment_on_testnet/
https://news.ycombinator.com/item?id=17233331


"It would be a great improvement if full nodes would be able to just download the UTXO set (~2gb) instead of the entire history (~140gb)."

 Grin

NON DO ASSISTENZA PRIVATA
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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June 05, 2018, 11:26:55 AM
 #15302

Bitcoin Cash coins are becoming more and more outstanding in the field of payment, so this value coin is worth holding in the medium and long term.
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June 05, 2018, 12:24:59 PM
 #15303

https://www.keyport.cash/

Chat securely on the decentralized web
Encrypted messaging using the
peer-to-peer protocol of Bitcoin Cash


Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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June 05, 2018, 01:36:41 PM
 #15304

https://www.keyport.cash/

Chat securely on the decentralized web
Encrypted messaging using the
peer-to-peer protocol of Bitcoin Cash


The idea looks interesting. BitcoinCash needs to fill in some big blocks with something. If this becomes popular, BitcoinCash will probably be used more often as a messenger than as money. Some messengers have yet to implement cryptocurrencies and in the case of BitcoinCash this will already be ready.
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June 05, 2018, 02:10:45 PM
 #15305

memo.cash and block press are also growing much more daily. It's good to see unsensored social media on the blockchain.

I'm hoping more vendors appear on localbitcoincash. Its annoying that since January the bolivar has devalued from almost ~200,000 to ~1,000,000 bs to 1 USD. There seems to be the 'Bitcoin is saving Venezuela' fad that outsiders use, but in reality not many vendors at good rates will make make a trade less then 50$ USD from BTC to Bolivar. Of course the fee to deposit in localbitcoins is large as well in relevance to the monthly average ~4$ salary. The solution is to use Bitcoin Cash for everyday exchange for goods and services, but what is good about one bank in Venezuela is that Banco Banesco will can make bank transfers between Banesco accounts within seconds/minutes 7 days a week, this is even the case with tiny little ~$0.10 equivalent transfers.

However, the bolivar is likely to devalue by the time you spend it and its obvious Banco Banesco probably does not have the physical cash to even back these ridiculous devaluing figures as the max withdrawal in cash is usually 10,000 bs a day.

Electricity is also basically free in Venezuela if you are looking at profitability but mining hardware is out price range for most. I think more BCH faucets are relevant here, perhaps some with more monetary incentive then clicking adds.

Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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June 05, 2018, 10:55:42 PM
 #15306

Bitcoin Cash coins are becoming more and more outstanding in the field of payment, so this value coin is worth holding in the medium and long term.
Yes I also have trust on this coin and hope that the value of it will increase more higher in the future. I have invested some amount of my money in this coin and waiting for the benefit from a few months. I invested in it hearing that a fork in the previous month will happen and will then sell them but then I thought that this coin has a good future and I have to keep them for longer in my wallet.

 
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June 06, 2018, 12:09:40 AM
 #15307

In your close minded nature, you are also missing the fact that a new PoW algorithm running only on CPUs would destroy ASICS Centralization and re add decentralization back into bitcoin. It would also avert the energy apocalypse in bitcoin's current future.

Unnhh, yeah. There's a couple problems with your assertions.

One: If power is the problem you are trying to solve, no PoW is going to solve it. If your algo will only run on CPUs, then people will consume as much electricity in mining on huge farms of CPUs as the value of the crypto mined (minus a couple of percent for profit margin). Net effect: powercopalypse just like in Bitcoin.

Two: As we have seen over and over (and over again...), all that have tried to create an ASIC-resistant algo have failed. Utterly. The only algos to not have ASICs developed for them are algos used in insignificant cryptos - such that there would be no profit on the domination of such.

Three: Who has great resources to create huge farms of CPUs to mine your new algo? The self-same 'oligopolists' you rail against in Bitcoin.

Strike three - you and your shitcoin have struck out.

Buh-bye!

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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June 06, 2018, 07:23:47 AM
 #15308

Idea:

https://memo.cash/topic/Sell+Stuff+for+a+Tip

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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June 06, 2018, 07:56:15 AM
 #15309

Bitcoin Cash was deliberately split away from bitcoin by a team who thought high fees and slow transactions would eventually destroy bitcoin. It was deliberately designed to essentially be bitcoin, except easy to send, receive and transact with. But, I still prefer bitcoin tho when it comes to liquidity and value.
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June 06, 2018, 08:47:09 AM
 #15310

Coinbase goes Japan !

https://www.bitguru.co.uk/coinbase-exchange-will-oficially-be-launching-in-japan/

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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June 06, 2018, 08:50:49 AM
 #15311

Bitcoin Cash was deliberately split away from bitcoin by a team who thought high fees and slow transactions would eventually destroy bitcoin. It was deliberately designed to essentially be bitcoin, except easy to send, receive and transact with. But, I still prefer bitcoin tho when it comes to liquidity and value.

Bitcoin was growing for many years now BECAUSE it was cheap and easy to use / was onboarding all sorts of ppl and businesses.

Now check what happend over last year to BTC adoption speed?

The prospect is the key, and you cannot force ppl to wait and later use. Ppl are free.

BCH saved that initial momentum of growth.

Long time extrapolation looks very bad for BTC ATM.

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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June 06, 2018, 09:15:55 AM
 #15312

Bitcoin Cash was deliberately split away from bitcoin by a team who thought high fees and slow transactions would eventually destroy bitcoin. It was deliberately designed to essentially be bitcoin, except easy to send, receive and transact with. But, I still prefer bitcoin tho when it comes to liquidity and value.

Bitcoin was growing for many years now BECAUSE it was cheap and easy to use / was onboarding all sorts of ppl and businesses.

Now check what happend over last year to BTC adoption speed?

The prospect is the key, and you cannot force ppl to wait and later use. Ppl are free.

BCH saved that initial momentum of growth.

Long time extrapolation looks very bad for BTC ATM.
then with the news he told  was true or not true that Bch deliberately broke away from Btc? because I just heard it, I think he should include the news link so as not to misunderstand
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June 06, 2018, 12:46:58 PM
 #15313

https://coingeek.com/coingeek-nchain-announce-miners-choice-initiative-bitcoin-cash-transaction-fees-values/

Can I get an opinion on this from someone who isn’t a ‘January 2018 Bitcoin Enthusiast?’

Worried about my trust rating? I am too. Bitcointalk users ‘Lauda’ and ‘gmaxwell’ have abused their superior powers in trust system to align their views with the ‘correct views.’ In no legal system in any jurisdiction do we have a definition for what Bitcoin is, they do not have the power to tell us what it is based on the rule of law.
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June 06, 2018, 02:22:46 PM
 #15314

then with the news he told  was true or not true that Bch deliberately broke away from Btc?

It would be more accurate to say that Bitcoin split into Bitcoin-BCH and Bitcoin-BTC.

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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June 06, 2018, 03:52:42 PM
 #15315

then with the news he told  was true or not true that Bch deliberately broke away from Btc?

It would be more accurate to say that Bitcoin split into Bitcoin-BCH and Bitcoin-BTC.

BCH "hard forked" away/off from BTC n00b!!  * :-D  ~can we now all agree b-cash is just another clone-shitcoin? 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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June 06, 2018, 06:11:57 PM
 #15316

Crowdfunding idea

https://coinfundr.co/product/soccer-management-mobile-game-using-bitcoin-cash-as-in-game-currency/



Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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June 06, 2018, 07:02:54 PM
 #15317

then with the news he told  was true or not true that Bch deliberately broke away from Btc?

It would be more accurate to say that Bitcoin split into Bitcoin-BCH and Bitcoin-BTC.

BCH "hard forked" away/off from BTC n00b!!  * :-D  ~can we now all agree b-cash is just another clone-shitcoin? lol
weeeeee

$100,000 BTC in one hour🍄💊
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June 06, 2018, 09:15:22 PM
 #15318

Incoming soon


http://www.lighthouse.cash


Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - in Moore's Law and Satoshi's WP we trust.
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June 07, 2018, 05:05:37 AM
 #15319

then with the news he told  was true or not true that Bch deliberately broke away from Btc?

It would be more accurate to say that Bitcoin split into Bitcoin-BCH and Bitcoin-BTC.

BCH "hard forked" away/off from BTC n00b!!  * :-D  ~can we now all agree b-cash is just another clone-shitcoin? lol
weeeeee

how can bitcoin cash hard fork? thought people cannot hard fork bitcoin cash? its simply crazy how bitcoin cash holds like 20 billion market cap value within a year since its Establishment
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June 07, 2018, 05:06:55 AM
 #15320

Blockchain has you better
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