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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 691932 times)
Bitbobb
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February 19, 2019, 05:28:41 PM
 #18021

money is not needed at all

why do we need LN if bitcoin was invented to fight LN?
 LN is another great deception of the people


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sirsplashalot
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February 19, 2019, 06:38:56 PM
 #18022

get ready for the blast, we have seen the same scenario earlier, whenever BTC stablized after the pump, BCH will bust...
Don't count on it. This faketoshi is dying

‘Faketoshi’ has more attention then ever right now. Look at how many people are trying to descredit him right now through name calling and unbacked arguments. The fear right now is greater then ever. You have an account dedicated solely for the purpose. No one does that unless they are scared or paid because of the importance of desueding retards that mining is not relevant to the whole bitcoin economic model.

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.
bitcoinPsycho
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THE NEXT 24 YEARS ARE CRITICAL🍄💊


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February 19, 2019, 07:04:23 PM
 #18023

get ready for the blast, we have seen the same scenario earlier, whenever BTC stablized after the pump, BCH will bust...
Don't count on it. This faketoshi is dying

‘Faketoshi’ has more attention then ever right now. Look at how many people are trying to descredit him right now through name calling and unbacked arguments. The fear right now is greater then ever. You have an account dedicated solely for the purpose. No one does that unless they are scared or paid because of the importance of desueding retards that mining is not relevant to the whole bitcoin economic model.
Lol just Lol

$100,000 BTC in one hour🍄💊
bitcoinPsycho
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THE NEXT 24 YEARS ARE CRITICAL🍄💊


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February 19, 2019, 07:09:37 PM
 #18024

Quote from: Paashaas link=topic=178336.msg49823967#msg49823967 y=1550602216
Bitcoin contributes 95% of Bitpay's business.

From advocating bCash now making a U turn. The market has spoken.

https://bitcoinist.com/bitpay-bitcoin-95-business-ceo/
Wakey wakey

$100,000 BTC in one hour🍄💊
jbreher
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February 19, 2019, 09:55:50 PM
 #18025

Quote from: Paashaas link=topic=178336.msg49823967#msg49823967 y=1550602216
Bitcoin contributes 95% of Bitpay's business.

From advocating bCash now making a U turn. The market has spoken.

https://bitcoinist.com/bitpay-bitcoin-95-business-ceo/
Wakey wakey

Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse. Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Wakey wakey indeed.

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.
bitcoinPsycho
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February 20, 2019, 12:06:10 AM
 #18026

Quote from: Paashaas link=topic=178336.msg49823967#msg49823967 y=1550602216
Bitcoin contributes 95% of Bitpay's business.

From advocating bCash now making a U turn. The market has spoken.

https://bitcoinist.com/bitpay-bitcoin-95-business-ceo/
Wakey wakey

Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse. Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Wakey wakey indeed.

What do you suggest? Another fork?

$100,000 BTC in one hour🍄💊
nutildah
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February 20, 2019, 03:54:07 AM
 #18027


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.



The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

Nobody likes Roger Ver and the only thing Faketoshi is good for is leading a circus. You still don't get it: nobody wants to back a loser or a proven fraud. I suspect you'll never get it.





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jbreher
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February 20, 2019, 05:40:16 AM
 #18028

Quote from: Paashaas link=topic=178336.msg49823967#msg49823967 y=1550602216
Bitcoin contributes 95% of Bitpay's business.

From advocating bCash now making a U turn. The market has spoken.

https://bitcoinist.com/bitpay-bitcoin-95-business-ceo/
Wakey wakey

Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse. Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Wakey wakey indeed.

What do you suggest? Another fork?

No. See the title of this thread for a suggestion.

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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February 20, 2019, 05:45:23 AM
 #18029


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.

The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Un Hunh. And what happened to all that adoption that was building - right up until the point that BTC could not handle the demand?

Quote
Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

No. LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

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.
cAPSLOCK
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February 20, 2019, 06:49:01 AM
 #18030


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.

The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Un Hunh. And what happened to all that adoption that was building - right up until the point that BTC could not handle the demand?

Quote
Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

No. LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

Wow... I know enough about you to know you, more than the average person,  have the skills to do simple deductive reasoning...  If lightning doesn't have the ability to onboard people fast enough for OFF CHAIN... then  how will BSV be able to confirm that may payments ON CHAIN without centralizing?  It takes ONE TX to go off chain and then to do do millions of transactions using that SINGLE off chain TX.

Doing everything on chain is an interesting future goal... but it is decades out.


(key words "on chain")
nutildah
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February 20, 2019, 07:04:38 AM
 #18031

LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

It's already a contender, and the process of onboarding is already happening with or without your consent. All your arguments always revolve around "what could be" instead of "what is."

I know enough about you to know you, more than the average person,  have the skills to do simple deductive reasoning...  If lightning doesn't have the ability to onboard people fast enough for OFF CHAIN... then  how will BSV be able to confirm that may payments ON CHAIN without centralizing?  It takes ONE TX to go off chain and then to do do millions of transactions using that SINGLE off chain TX.

Regardless of the level of his deductive reasoning skills, he is committed to propagating falsehoods in order to shove his weird views down the throats of others. It's not a commendable behavior and frankly he's consistently, unapologetically one of the wrongest people on the forum.

jbreher at work:






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BitcoinFX
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February 20, 2019, 09:12:16 AM
Last edit: February 20, 2019, 09:33:40 AM by BitcoinFX
 #18032


Already read that in great detail.

Foul play alleged from all sides.

CSW claims to be Satoshi and yet has still not Signed any block as definitive proof.

I'm certainly not a troll, I used to communicate with Satoshi (on this very forum).

Unlike Craig, I have verified myself ...
- https://bitcointalk.org/index.php?topic=4630066.0

Craig (currently) being unable or unwilling to (legitimately) Sign anything has caused 2 major problems for BSV / nchain.

1) Not signing a stated claim is a false pretence.

2) The continuing duration of this false pretence has impacted on the entire crypto space, including the market.

...

If folks actually digested my own posts you would likely discover that I have not referred to Craig as a 'Faketoshi' or otherwise.

Innocent until proven guilty. However ...

Why does Craig avoid Bitcoin 'old timers' like the plague and/or not just come back to this forum to set the record straight? According to Craig's own story he had moved on to other things ... whilst leaving the Bitcoin community to both establish, maintain and build the project in his absence (and off their own backs!).

Do you think it is OK to retain the (metaphorical) last piece of the puzzle, to place the final piece and to proclaim wholeheartedly "I built all this" and "You are all wrong!" etc.,

...

People in the world
Do not doubt
It is teaching
Which is the
beginning of doubt.
- Zen poem

...

Again, this is Financial Cryptography, so do not trust. Sign and Verify.
Simply, Put up, or Shut up.
- https://idioms.thefreedictionary.com/put+up+or+shut+up



- https://youtu.be/4oPddS8HujA  Roll Eyes

Cross talk  Smiley

Guess I'm a Genuine "Bitcoin OG" <2010 | Bitcoin is BTC | CSW is NOT Satoshi Nakamoto | I Mine BTC, LTC, ZEC, XMR and GAP | Support my BTC on Tor addnodes Project ... satofxsc3xjadxsm.onion shindo45rxrk3737.onion naka7nzsu3binfim.onion motoixfjxnf4joga.onion | "Everybody's Got Something to Hide Except Me" and My Monkey"
Bitcoin Cash
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February 20, 2019, 04:49:10 PM
Last edit: June 14, 2019, 02:27:30 PM by Bitcoin Cash
 #18033

Bitcoin Cash fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash"
jbreher
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February 20, 2019, 05:18:32 PM
Merited by sirsplashalot (1)
 #18034


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.

The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Un Hunh. And what happened to all that adoption that was building - right up until the point that BTC could not handle the demand?

Quote
Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

No. LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

Wow... I know enough about you to know you, more than the average person,  have the skills to do simple deductive reasoning...  If lightning doesn't have the ability to onboard people fast enough for OFF CHAIN... then  how will BSV be able to confirm that may payments ON CHAIN without centralizing?  It takes ONE TX to go off chain and then to do do millions of transactions using that SINGLE off chain TX.

Doing everything on chain is an interesting future goal... but it is decades out.

(key words "on chain")

You seem to be missing the fact that everyone who wants to employ LN needs to perform at least one onchain tx. Only then can they engage in gajillions of off chain channel txs. No room on the chain, no room for more LN adopters.

How many Bitcoin txs have you done in the last year? What percentage of those were opening, closing, or maintaining LN channels?

Until a cabal of subverters decided to cripple BTC, doing everything on chain was just The Way Bitcoin Worked. Fortunately, in the cases of SV and BCH, doing everything on chain is still just the way Bitcoin works.

You have any metrics to share that may quantify the centralization you imply is a necessary effect of large amounts of onchain txs? No? No metrics? Color me shocked.

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.
Bitbobb
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February 20, 2019, 05:23:46 PM
 #18035


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.

The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Un Hunh. And what happened to all that adoption that was building - right up until the point that BTC could not handle the demand?

Quote
Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

No. LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

Wow... I know enough about you to know you, more than the average person,  have the skills to do simple deductive reasoning...  If lightning doesn't have the ability to onboard people fast enough for OFF CHAIN... then  how will BSV be able to confirm that may payments ON CHAIN without centralizing?  It takes ONE TX to go off chain and then to do do millions of transactions using that SINGLE off chain TX.

Doing everything on chain is an interesting future goal... but it is decades out.

(key words "on chain")

You seem to be missing the fact that everyone who wants to employ LN needs to perform at least one onchain tx. Only then can they engage in gajillions of off chain channel txs. No room on the chain, no room for more LN adopters.

How many Bitcoin txs have you done in the last year? What percentage of those were opening, closing, or maintaining LN channels?

Until a cabal of subverters decided to cripple BTC, doing everything on chain was just The Way Bitcoin Worked. Fortunately, in the cases of SV and BCH, doing everything on chain is still just the way Bitcoin works.

Some of the same subversive items that crippled btc are being added to BCH so it is only a matter of time before both liability and subversion becomes obvious on the BCH chain also.  

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February 20, 2019, 05:24:30 PM
 #18036


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.

The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Un Hunh. And what happened to all that adoption that was building - right up until the point that BTC could not handle the demand?

Quote
Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

No. LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

Wow... I know enough about you to know you, more than the average person,  have the skills to do simple deductive reasoning...  If lightning doesn't have the ability to onboard people fast enough for OFF CHAIN... then  how will BSV be able to confirm that may payments ON CHAIN without centralizing?  It takes ONE TX to go off chain and then to do do millions of transactions using that SINGLE off chain TX.

Doing everything on chain is an interesting future goal... but it is decades out.

(key words "on chain")

You seem to be missing the fact that everyone who wants to employ LN needs to perform at least one onchain tx. Only then can they engage in gajillions of off chain channel txs. No room on the chain, no room for more LN adopters.

How many Bitcoin txs have you done in the last year? What percentage of those were opening, closing, or maintaining LN channels?

Until a cabal of subverters decided to cripple BTC, doing everything on chain was just The Way Bitcoin Worked. Fortunately, in the cases of SV and BCH, doing everything on chain is still just the way Bitcoin works.

And apparently shrinking the blocksize is a solution now  Cheesy

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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Clean Code and Scale


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February 21, 2019, 10:17:45 AM
 #18037


Mmm Hmm... Meanwhile, the average BTC block size has been creeping up again. We may already be on the edge of the next blockalypse.

The first blockalypse never happened. What has happened since December 2017? BCH's market share has plummeted and bitcoin has survived just fine.

Un Hunh. And what happened to all that adoption that was building - right up until the point that BTC could not handle the demand?

Quote
Which of course will be accompanied by ever-lengthening confirmation times, and soaring fees. Once BTC returns to its eventual equilibrium of unusability, where do you think the tx demand is going to go?

Well that's easy: Lightning Network.

No. LN cannot onboard enough people fast enough to be a contender. Not to mention all the evil that will be unleashed when the chain does not have the capacity to handle renewals or cashouts. Even if it had the value capacity for meaningful commerce. Or even if it had simple clients. Or the ability to route in a malleable environment of channels coming and going, with users wanting trustless, permissionless, decentralized operation.

Wow... I know enough about you to know you, more than the average person,  have the skills to do simple deductive reasoning...  If lightning doesn't have the ability to onboard people fast enough for OFF CHAIN... then  how will BSV be able to confirm that may payments ON CHAIN without centralizing?  It takes ONE TX to go off chain and then to do do millions of transactions using that SINGLE off chain TX.

Doing everything on chain is an interesting future goal... but it is decades out.


(key words "on chain")

How can that bitcoin that is written and specked up in the Satoshi Whitpaper AND correctly implemented on purpose be ever centralized?    Smtp  nodes are only some big entities like gmail gmx ...  but that doesn t make smtp  centralized by any means.       BSV   is  that  smtp analogon by definition , commitment and roadmap.

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - Satoshi's Rules: humana veris _
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February 21, 2019, 10:49:31 AM
 #18038

Im sticking to running a POP node its the original vision



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hv_
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February 21, 2019, 03:39:50 PM
 #18039

Im sticking to running a POP node its the original vision




A node described in the white paper does .... ?

It is a miner

Carpe diem  -  understand the White Paper and mine honest.
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw  -  https://metanet.icu/
The simple way is the genius way - Satoshi's Rules: humana veris _
adamvp
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February 21, 2019, 04:02:49 PM
 #18040

"Together we stand - divided we fall"
This all BCC BCH BCD BCG BCV BCS drama leads to somewehere where I was afraid it has to lead - divided community is much weaker and weaker. And looking
realistically there is no sign of recovery Sad

100% inevitable.

no one should be surprised by the outcome. forks of forks are not a sound basis to build something that others will trust.

compare how litecoin have conducted themselves to this. it's pitiful.

Yeah, initially consensus mechanism in Bitcoin was supposed to be based on higher hashrate and it happened very bad that it was allowed so many forks survived. It would be much better cryptocurrencies with lower hashrate would never survive and to focus all developement on best projects! World do not need thousands of crypto to transfer money...
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