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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 646245 times)
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November 17, 2018, 01:27:16 PM
 #17081

Bittrex-> BCH = ABC
Kraken-> BCH = ABC

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November 17, 2018, 01:48:48 PM
 #17082

Anybody have info when blockchain will credit users account with forked coins. I dropped the support ticket too but no answer on release of new coins it looking people will miss the chance to sell their coins at high price.
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November 17, 2018, 02:17:56 PM
 #17083

Bitcoin Cash SV Blockexplorer currently indexing. Won't be finished until Thanksgiving though.

https://prohashing.com/explorer/BitcoinCashSV/
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November 17, 2018, 04:32:50 PM
 #17084

Your fork is currently 40 blocks behind ABC. Doesn't matter how you were defeated, fact is, you were defeated. The polite thing to do would be to throw in the towel and admit defeat. Though I'm certain this is an impossibility for you.

You must be new to blockchains, let me simplify it for you. The hash war is not over until one side quits, the longest chain wins buddy. Just because ABC got a burst of hashrate from roger switching his btc mining pool to bch, doesnt mean they will sustain that hash rate in the long run. It cost him a fuck load of money to do that

You seem to be even newer to blockchains. The "hash war" IS over. There are now 2 non-compatible chains that will be in existence for as long as people keep mining on them. The war is over because ABC won the the support of the community and the industry. You really think people are going to actually use SV for anything other than to flex their ego at this point? Especially after CSW's temper tantrums and demonstrations of lunacy? If so, you're clearly delusional. People were already barely using BCH; this latest stunt just insured the further irrelevance of both sides.

The war is not over dummy, longest chain wins plain and simple. It will keep going until one side quits, how hard is that for you to understand?

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November 17, 2018, 04:36:14 PM
 #17085

It seems to me that many in the crypto space could benefit from learning how important scaleability is. I'll keep it as short and sweet as i can. The foundation of the bitcoin network are the miners, miners keep the chain secure while processing transactions and adding blocks to the chain. Miners have skin in the game, if there is no profitability, they dont mine. No miners means no chain security, or transaction processing, miners need profitability to keep bitcoin alive. When the next halving hits, it is a 50% cut on their profits, in order to make up for this there needs to be double the amount of transactions coming in so that miners can continue staying in profit from large quantities of low fees. Why low fees you ask? Because no one is going to pay an absurd amount of a fee to send coin from one place to the other, the best solution is to grow the number of transactions with different rates of fees, this opens the range of profitability for miners. IF BITCOIN DOES NOT SCALE, and TRANSACTION VOLUME DOES NOT INCREASE BY AT LEAST 2X BEFORE THE NEXT HALVING, IT IS GAME OVER FOR BITCOIN. Why? Because the miners will be out of business, no miners=no bitcoin. BTC segwit can no longer scale and we will see that in the coming years, BCH can scale, but not if idiots like ABC get to do whatever the hell they want to the protocol, which btw right now their goal is to implement WHC/plasma, and hundreds of shitcoins.

Did I get that right?

No, you didn't. 

You left out the fact that the price also naturally rises to make the block reward profitable.  We've already seen that happen twice as block rewards have halved.

Supply and demand, people wont be buying BTC when they realize there is a major routing flaw with the lightning network, and that it can't scale globally. You gonna pay ridiculously high fees to send your BTC back and forth? No miners=no bitcoin its that simple, why would anyone in their right mind keep mining a dead coin at a profit loss.

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
gembitz
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November 17, 2018, 04:38:15 PM
 #17086

...

x2 shitcoins weeeeeee  Kiss  lol

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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November 17, 2018, 04:38:34 PM
 #17087

No sv block explorer ....no sv.

That's not the way it works.
Grin Tongue 

No sv community...no sv  Wink
 


doesnot need community becasue thinks he will win and control bch in the future
gembitz
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November 17, 2018, 04:40:11 PM
 #17088

No sv block explorer ....no sv.

That's not the way it works.
Grin Tongue 

No sv community...no sv  Wink
 


BSV4LIFE #CULTOFCRAIG =) WEEEEEE

#makebitcointalkgreatagain-_-*my posts are strictly for entertainment purposes only. It should not be regarded as investment/trading advice.*advocate to promote sharing and free software for the bitcoin community* #EFF #FSF ===> START WITH NOTHING AND BUILD IT INTO SOMETHING!
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November 17, 2018, 04:50:28 PM
 #17089

BCHSV=p2p electronic cash for the world that can scale on chain

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
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November 17, 2018, 05:18:02 PM
 #17090

Anybody have info when blockchain will credit users account with forked coins. I dropped the support ticket too but no answer on release of new coins it looking people will miss the chance to sell their coins at high price.
You should wait for their confirmation, seem like the Team really Bussy for preparing the forked coins. To be honest this its just a stupid fork. Even CEO from Binance want to finish this stupid fork  Grin

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█▀▀█
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cAPSLOCK
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November 17, 2018, 05:21:37 PM
 #17091

It seems to me that many in the crypto space could benefit from learning how important scaleability is. I'll keep it as short and sweet as i can. The foundation of the bitcoin network are the miners, miners keep the chain secure while processing transactions and adding blocks to the chain. Miners have skin in the game, if there is no profitability, they dont mine. No miners means no chain security, or transaction processing, miners need profitability to keep bitcoin alive. When the next halving hits, it is a 50% cut on their profits, in order to make up for this there needs to be double the amount of transactions coming in so that miners can continue staying in profit from large quantities of low fees. Why low fees you ask? Because no one is going to pay an absurd amount of a fee to send coin from one place to the other, the best solution is to grow the number of transactions with different rates of fees, this opens the range of profitability for miners. IF BITCOIN DOES NOT SCALE, and TRANSACTION VOLUME DOES NOT INCREASE BY AT LEAST 2X BEFORE THE NEXT HALVING, IT IS GAME OVER FOR BITCOIN. Why? Because the miners will be out of business, no miners=no bitcoin. BTC segwit can no longer scale and we will see that in the coming years, BCH can scale, but not if idiots like ABC get to do whatever the hell they want to the protocol, which btw right now their goal is to implement WHC/plasma, and hundreds of shitcoins.

Did I get that right?

No, you didn't. 

You left out the fact that the price also naturally rises to make the block reward profitable.  We've already seen that happen twice as block rewards have halved.

Supply and demand, people wont be buying BTC when they realize there is a major routing flaw with the lightning network, and that it can't scale globally. You gonna pay ridiculously high fees to send your BTC back and forth? No miners=no bitcoin its that simple, why would anyone in their right mind keep mining a dead coin at a profit loss.

That's pretty funny, really.  It is a question you and Calvin should be asking yourselves right this moment. Smiley
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November 17, 2018, 05:27:41 PM
Merited by bones261 (1)
 #17092

It seems to me that many in the crypto space could benefit from learning how important scaleability is. I'll keep it as short and sweet as i can. The foundation of the bitcoin network are the miners, miners keep the chain secure while processing transactions and adding blocks to the chain. Miners have skin in the game, if there is no profitability, they dont mine. No miners means no chain security, or transaction processing, miners need profitability to keep bitcoin alive. When the next halving hits, it is a 50% cut on their profits, in order to make up for this there needs to be double the amount of transactions coming in so that miners can continue staying in profit from large quantities of low fees. Why low fees you ask? Because no one is going to pay an absurd amount of a fee to send coin from one place to the other, the best solution is to grow the number of transactions with different rates of fees, this opens the range of profitability for miners. IF BITCOIN DOES NOT SCALE, and TRANSACTION VOLUME DOES NOT INCREASE BY AT LEAST 2X BEFORE THE NEXT HALVING, IT IS GAME OVER FOR BITCOIN. Why? Because the miners will be out of business, no miners=no bitcoin. BTC segwit can no longer scale and we will see that in the coming years, BCH can scale, but not if idiots like ABC get to do whatever the hell they want to the protocol, which btw right now their goal is to implement WHC/plasma, and hundreds of shitcoins.

Did I get that right?

No, you didn't. 

You left out the fact that the price also naturally rises to make the block reward profitable.  We've already seen that happen twice as block rewards have halved.

Supply and demand, people wont be buying BTC when they realize there is a major routing flaw with the lightning network, and that it can't scale globally. You gonna pay ridiculously high fees to send your BTC back and forth? No miners=no bitcoin its that simple, why would anyone in their right mind keep mining a dead coin at a profit loss.

That's pretty funny, really.  It is a question you and Calvin should be asking yourselves right this moment. Smiley

Well, we wouldn't be in this situation if ABC would stop trying to add uneeded changes to the protocol every 6 months. SV=p2p electronic cash that scales on chain, ABC=WHC/PLASMA, PoS, and shitcoins. Oh and if you think btc will scale globablly, im afraid not my friend. Lightning network as a severe routing problem, GL with it in a few years Smiley

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
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November 17, 2018, 05:50:04 PM
 #17093


Well, we wouldn't be in this situation if ABC would stop trying to add uneeded changes to the protocol every 6 months. SV=p2p electronic cash that scales on chain, ABC=WHC/PLASMA, PoS, and shitcoins. Oh and if you think btc will scale globablly, im afraid not my friend. Lightning network as a severe routing problem, GL with it in a few years Smiley

     You act as though the direction of BTC is set in stone and incapable of making adjustments if it becomes obvious that the current direction is going the wrong way. Also, I think it hilarious that the powers that be for BCH think a hash war is necessary, when Bitcoin already implemented more civil consensus mechanisms years ago. Well, the good news is that if the powers that be end up bankrupting each other in this pissing contest, at least a new leadership could possibly step in with cooler heads.

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..PROFITBOX..
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██  █████    ██    ██    ████
  ███████████████████████████
.....
Icutgrass205
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November 17, 2018, 06:01:15 PM
 #17094


Well, we wouldn't be in this situation if ABC would stop trying to add uneeded changes to the protocol every 6 months. SV=p2p electronic cash that scales on chain, ABC=WHC/PLASMA, PoS, and shitcoins. Oh and if you think btc will scale globablly, im afraid not my friend. Lightning network as a severe routing problem, GL with it in a few years Smiley

     You act as though the direction of BTC is set in stone and incapable of making adjustments if it becomes obvious that the current direction is going the wrong way. Also, I think it hilarious that the powers that be for BCH think a hash war is necessary, when Bitcoin already implemented more civil consensus mechanisms years ago. Well, the good news is that if the powers that be end up bankrupting each other in this pissing contest, at least a new leadership could possibly step in with cooler heads.

You are right it is not set in stone, you have to ask yourself why core is so against on chain scaling and increasing block sizes. Very fishy, a hash war is not necessary but it is capitalism. Bitcoin is a capitalist system

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
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November 17, 2018, 06:15:56 PM
 #17095

pumpy, I am puting you on ignore.  you and the core trolls have fun destroying cash and pumping shit.

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November 17, 2018, 06:19:48 PM
Merited by bones261 (1)
 #17096

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

19VBmRQVqrtNTGiwngZutwREagcKxJgVZM
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November 17, 2018, 06:57:12 PM
 #17097

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
bitserve
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November 17, 2018, 07:04:48 PM
 #17098

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now

But that's not news. ABC mining a 19.8MB block is.

19VBmRQVqrtNTGiwngZutwREagcKxJgVZM
Icutgrass205
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November 17, 2018, 07:07:22 PM
 #17099

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now
But that's not news. ABC mining a 19.8MB block is.

SV has the dominant hash rate again

Bitcoin, a peer-to-peer electronic cash system for the world. BTC tips are greatly appreciated 35BqJwcycsLDoPrBxmxuh1e4MY7bcDPvGW
bitserve
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November 17, 2018, 07:14:29 PM
 #17100

ABC has just mined a 19.8MB block (BTC.COM).

The hashrate of both ABC and SV has been dropping for the past hours, with ABC now under the peak hashrate of SV (but still above SV currently).

If SV is really going to try a reorg attack on ABC this could be a good moment. It will probably be pointless and easily recovered... but enjoyable anyways.

I have to recognise that this experiment in both contentious fork war and on-chain scaling is very interesting and some good empirical knowledge might come out of it and be of benefit for Bitcoin in the future.

Also the concept of the selfish mining is being put to test.

Thanks Bcash for being finally really useful for SOMETHING.

SV has mined several 32 mb blocks now
But that's not news. ABC mining a 19.8MB block is.

SV has the dominant hash rate again

AGAIN? It has never had the dominant hashrate since the split started, that's why the ABC chain is almost 50% ahead in cumulated proof of work.

But yeah, THAT is news. Things are getting interesting Smiley

I really would like to also see some reorg attack attempts from SV to ABC. Then things would get really entertaining.

19VBmRQVqrtNTGiwngZutwREagcKxJgVZM
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