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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 587769 times)
hv_
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June 02, 2018, 12:58:48 PM
 #15341

Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE.

There is only one solution with enough experiance: POS  Grin

POS has its use cases but it's more vulnerable to rich getting richer effect
https://www.yours.org/content/proof-of-work-vs-proof-of-stake-5437b3a591e7

Big coins are safe, and the smaller ones... well, in order to survive they should attract more hash power
https://www.crypto51.app/


Whether you believe PoS is the final energy solution or some other consensus method yet to be created.
The fact is Bitcoin's Energy Waste has to be dealt with and sooner is better than later.  Smiley

https://bitcointalk.org/index.php?topic=4236251.msg38840457#msg38840457
https://bitcointalk.org/index.php?topic=4236251.msg38924570#msg38924570



If you believe that it is wasted, than you might not understand open markets and the voluntary commitment into Bitcoin security model.

I'd only agree on the term 'waste' if you see how legacy Bitcoin is bribbled to limited use and user base, what,is fixed with Bitcoin Cash now.


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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sirsplashalot
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June 02, 2018, 01:19:46 PM
 #15342

Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE.

There is only one solution with enough experiance: POS  Grin

So then I guess that’s the end for poor people.

Bitcoin Cash (BCH) - A Peer-to-Peer Electronic Cash System Built For Everyday Global Use.
sirsplashalot
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June 02, 2018, 01:21:51 PM
 #15343

Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE.

There is only one solution with enough experiance: POS  Grin

POS has its use cases but it's more vulnerable to rich getting richer effect
https://www.yours.org/content/proof-of-work-vs-proof-of-stake-5437b3a591e7

Big coins are safe, and the smaller ones... well, in order to survive they should attract more hash power
https://www.crypto51.app/


Whether you believe PoS is the final energy solution or some other consensus method yet to be created.
The fact is Bitcoin's Energy Waste has to be dealt with and sooner is better than later.  Smiley

https://bitcointalk.org/index.php?topic=4236251.msg38840457#msg38840457
https://bitcointalk.org/index.php?topic=4236251.msg38924570#msg38924570



You are aware of ‘alternative energy’ ?

Bitcoin Cash (BCH) - A Peer-to-Peer Electronic Cash System Built For Everyday Global Use.
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June 02, 2018, 01:36:54 PM
 #15344

Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE.

There is only one solution with enough experiance: POS  Grin

POS has its use cases but it's more vulnerable to rich getting richer effect
https://www.yours.org/content/proof-of-work-vs-proof-of-stake-5437b3a591e7

Big coins are safe, and the smaller ones... well, in order to survive they should attract more hash power
https://www.crypto51.app/


Whether you believe PoS is the final energy solution or some other consensus method yet to be created.
The fact is Bitcoin's Energy Waste has to be dealt with and sooner is better than later.  Smiley

https://bitcointalk.org/index.php?topic=4236251.msg38840457#msg38840457
https://bitcointalk.org/index.php?topic=4236251.msg38924570#msg38924570



You are aware of ‘alternative energy’ ?

You are aware of 'Math'?

Bitcoin Alone will use 100% of the amount of electricity the world generated in 2017, as soon as Feb 2020.
That is all of the electricity including electricity from alternative sources.

If you think the world energy output is going to double or triple in the next 2 years, lets just say you are naive.   Tongue

https://www.pri.org/stories/2017-12-20/bitcoins-sky-rocketing-energy-use-viral-story-we-checked-math
Quote
Eric Holthaus wrote for Grist that “by July 2019, the bitcoin network will require more electricity than the entire United States currently uses.
By February 2020, it will use as much electricity as the entire world does today.

https://www.computerworld.com/article/3068599/sustainable-it/renewables-fastest-growing-energy-source-feds-say.html
Quote
Renewables are now the world's fastest-growing energy source and are expected to increase by 2.6% per year through 2040.
Hydropower and wind are the two largest contributors to the increase in world electricity generation from renewable energy sources, the report stated.May 11, 2016

Alternative energy is only growing at 2.6% per year, it can in no way even slow down the insane energy waste of bitcoin.

ZEITCOIN is the Future! (http://www.zeit-coin.net)
Energy Efficient / Decentralized / Ultra Low Inflation
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June 02, 2018, 01:58:49 PM
 #15345

^ cmon, we know that you re not that dumb as your 'prediction' might be.

Pls also note you re on the bch side here... try to convince those legacy guys first and try not to get banned again  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.
Zin-Zang
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June 02, 2018, 02:13:43 PM
 #15346

^ cmon, we know that you re not that dumb as your 'prediction' might be.

Pls also note you re on the bch side here... try to convince those legacy guys first and try not to get banned again  Wink

Last time, I checked,  I was not the dumb one ignoring a major problem.  Smiley

I am just letting you know that a lot of professors are pointing it out as an issue.
Read the links.

And Bitcoin Cash & Bitcoin Core are both responsible since the same mining equipment is mining a % of both coins.

But you guys do whatever, fix it or don't fix it,
but don't be surprised when the energy waste is all other people care about, you got less than 2 years before that is made clear to you.

Good Day.  Smiley

ZEITCOIN is the Future! (http://www.zeit-coin.net)
Energy Efficient / Decentralized / Ultra Low Inflation
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June 02, 2018, 02:24:54 PM
 #15347

How to find out if my wallet is operating on the correct chain before making any transactions?

hv_
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June 02, 2018, 04:21:46 PM
 #15348

^ cmon, we know that you re not that dumb as your 'prediction' might be.

Pls also note you re on the bch side here... try to convince those legacy guys first and try not to get banned again  Wink

Last time, I checked,  I was not the dumb one ignoring a major problem.  Smiley

I am just letting you know that a lot of professors are pointing it out as an issue.
Read the links.

And Bitcoin Cash & Bitcoin Core are both responsible since the same mining equipment is mining a % of both coins.

But you guys do whatever, fix it or don't fix it,
but don't be surprised when the energy waste is all other people care about, you got less than 2 years before that is made clear to you.

Good Day.  Smiley

All intelligent ppl know or will learn very quickly that work / energy is needed for all sorts of things to keep safe, permanently - as you need to keep up high voltage fences for your cows to keep inside - its a pure need as follows by physics and easy logics.

The absolute amount of that needed energy is determined by free market, eays to get to any ppl to explain as well.

So you better learn things and teach others (your funny profs, lol) correct wisdom or stop trolling / shiling for your private coin.

Good day


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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June 02, 2018, 07:02:01 PM
 #15349

Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE.

There is only one solution with enough experiance: POS  Grin

POS has its use cases but it's more vulnerable to rich getting richer effect
https://www.yours.org/content/proof-of-work-vs-proof-of-stake-5437b3a591e7

Big coins are safe, and the smaller ones... well, in order to survive they should attract more hash power
https://www.crypto51.app/
The argument the richer get richer is of course not really wrong. But whats the matter if the richest in a coin is a non profit social aspect which is never be sold.

Do you really believe in non-profit motivations behind greed-driven crypto space? Just look around for so called "foundations" holding millions of coins for their owners' benefits, or the ICOs in which 30-50% goes to the public, and the rest to team, PR, advisors, reserves, etc. And what about exchanges that are not paying POS stakes to their users?
Yes I believe. You perhaps understand I am talking of own coin. And in this case a particular part of Stake goes to small organisations, not global players. I have worked for them unsalaried for years.
About exchanges. Ok is a good argument. But that will depend on market then.

███████████████ ▌    EMERGENCYCOIN    ▐ ███████████████
Mining is yesterday. Join our Proof of Stake EmergencyCoin
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June 03, 2018, 12:18:34 AM
 #15350

PeterBrandt

He did a TA on Bitcoin Cash. I think its the first time he did an analysis on BCH.

Here is a link to the tweet

https://twitter.com/PeterLBrandt/status/1002995579759128576

Looks like we had 2  Head and Shoulder patterns and the minor one finally broke the neckline. We also might of broken out of that trendline which was started at $1800 peak.

Hopefully the bulls are back and remain in the control.

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hv_
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June 03, 2018, 07:15:12 AM
 #15351

Crypto needs to be as cheap and inclusive to use and as secure as possible to reach all ppl of our planet.

Cheap to use needs to be defined to the poorest and their entry level (daily use).

The seedeing needs to be done best with low BCH price as well, with that wealth comes to the poor by including them from the beginning.

Rich ppl are mostly interested in speculating and do not see that world wide potential (esp the inclusion of poor) - the rich advisory env ( big banks, ...) tells us that all day, to me one of the major reasons for the rich  falling back to use it as their store of value only, pissing at cheap transaction use.


a few understand

https://mobile.twitter.com/brian_armstrong/status/1002667661904396289?s=19

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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June 03, 2018, 07:27:46 AM
 #15352

pump nao?

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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June 03, 2018, 10:17:15 AM
 #15353

pump nao?

ok 1 bch = 3000 dollars please buy
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June 03, 2018, 01:01:57 PM
 #15354

PeterBrandt

He did a TA on Bitcoin Cash. I think its the first time he did an analysis on BCH.

Here is a link to the tweet

https://twitter.com/PeterLBrandt/status/1002995579759128576

Looks like we had 2  Head and Shoulder patterns and the minor one finally broke the neckline. We also might of broken out of that trendline which was started at $1800 peak.

Hopefully the bulls are back and remain in the control.

If Bitcoin can return  at the price of 20000$ then Maybe BCH can reach 1800$ but it seems impossible to see this price at this time .
Instead of buying BCH to invest , you can buy ZEC or KMD to get more profit than BCH .




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hv_
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June 03, 2018, 01:37:31 PM
 #15355

PeterBrandt

He did a TA on Bitcoin Cash. I think its the first time he did an analysis on BCH.

Here is a link to the tweet

https://twitter.com/PeterLBrandt/status/1002995579759128576

Looks like we had 2  Head and Shoulder patterns and the minor one finally broke the neckline. We also might of broken out of that trendline which was started at $1800 peak.

Hopefully the bulls are back and remain in the control.

If Bitcoin can return  at the price of 20000$ then Maybe BCH can reach 1800$ but it seems impossible to see this price at this time .
Instead of buying BCH to invest , you can buy ZEC or KMD to get more profit than BCH .

Speculating is a 50 50 chance. Always.

Working for your coin and increase adoption not.

So really DO things and be humble.

Old bitcoiners know that

https://youtu.be/_HV2UYm1xe0





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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June 03, 2018, 01:45:59 PM
 #15356

pump nao?
Please give me reasons why BitsumCash should rise immediately.

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June 03, 2018, 02:40:14 PM
 #15357

As bitcoin rises, powerful coins like bitcoin cash, ripple, ethereum follows btc on its rise. As if right now,  this rise of btc is some what different from the previous increase. This one is something is coming on the market. Like the beginning of the return of the bull.

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June 03, 2018, 02:55:55 PM
 #15358

Japan shop adoption goes viral

https://mobile.twitter.com/BitcoinCom/status/1003234920590962688

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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Bcash dump that shit


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June 03, 2018, 03:07:02 PM
 #15359

pump nao?
Please give me reasons why BitsumCash should rise immediately.
Because that's what happens with scam pump and dump coins

THE NEXT 24 YEARS ARE CRITICAL
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June 03, 2018, 03:16:08 PM
 #15360

Every POW coin will fail, one earlier, one later. See all the 51% attacks on BTG and VERGE.

There is only one solution with enough experiance: POS  Grin

POS has its use cases but it's more vulnerable to rich getting richer effect
https://www.yours.org/content/proof-of-work-vs-proof-of-stake-5437b3a591e7

Big coins are safe, and the smaller ones... well, in order to survive they should attract more hash power
https://www.crypto51.app/


Whether you believe PoS is the final energy solution or some other consensus method yet to be created.
The fact is Bitcoin's Energy Waste has to be dealt with and sooner is better than later.  Smiley

https://bitcointalk.org/index.php?topic=4236251.msg38840457#msg38840457
https://bitcointalk.org/index.php?topic=4236251.msg38924570#msg38924570



You are aware of ‘alternative energy’ ?

You are aware of 'Math'?

Bitcoin Alone will use 100% of the amount of electricity the world generated in 2017, as soon as Feb 2020.
That is all of the electricity including electricity from alternative sources.

If you think the world energy output is going to double or triple in the next 2 years, lets just say you are naive.   Tongue

https://www.pri.org/stories/2017-12-20/bitcoins-sky-rocketing-energy-use-viral-story-we-checked-math
Quote
Eric Holthaus wrote for Grist that “by July 2019, the bitcoin network will require more electricity than the entire United States currently uses.
By February 2020, it will use as much electricity as the entire world does today.

https://www.computerworld.com/article/3068599/sustainable-it/renewables-fastest-growing-energy-source-feds-say.html
Quote
Renewables are now the world's fastest-growing energy source and are expected to increase by 2.6% per year through 2040.
Hydropower and wind are the two largest contributors to the increase in world electricity generation from renewable energy sources, the report stated.May 11, 2016

Alternative energy is only growing at 2.6% per year, it can in no way even slow down the insane energy waste of bitcoin.


But Bitcoin can accelerate the development of cheaper energy solutions. It is all about incentives. For example if oil prices go up, you also see investments in renewable energy surge.

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