[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees

[jkminkov]

So who is this "Genesis Block 269-273 Hennessy Road Wan Chai Hong Kong" that seems to be creating 75% of blocks and with owning that ratio of the network hashrate I would not trust it

unless it's asicboost, the fork would need a fork after those guys press the red button

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[junan1]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

[tr1pl3]

tr1pl3,
Hey sounds very very interesting from a newbie with zero posts Are you PAID poster or just a sponsored one Actually taking something out of contecst  and quoting it is an old trick.
Other than that my congratulations well done
Please i do not want to argue with you .... That is an example for well job done

heh, well I was always watching this forum but this thread gave me inspiration to make account finally because this thread was a mess , but it was fun after all
And man I don't know if it's old trick or not but like I said it was great thread to be a soldier after war  

[icdtcsg]

I just lost my unique BCH. I used Electrum, after the fork i sended my BTC to Bittrex, i download the Electrom Cash, used my private keys and saw my BCH, everything is ok, until after a little time Electrom Cash sended my BCH to the same BTC Bittrex address.

So is a lost right?

In network settings make sure you are on the correct fork.

I love you!

I thought Electron Cash was just for Bitcoin Cash but some way the network was changed.

Solved

[amarian12]

So who is this "Genesis Block 269-273 Hennessy Road Wan Chai Hong Kong" that seems to be creating 75% of blocks and with owning that ratio of the network hashrate I would not trust it

unless it's asicboost, the fork would need a fork after those guys press the red button

He is advertising a Hong Kong address via the Block headers:

https://www.reddit.com/r/BitcoinAll/comments/5qgjov/hong_kong_best_hostel_check_inn_hk_now_accepting/

[alani123]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

[csmcc]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

Doesn't sound like an unreasonable outcome.

Given the hash rate they seem to (maybe) have, a 20% difficulty reduction won't be enough. It'll still be slow as hell.

[Doctor.Strange]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

[kashish948]

Almost 0.2 at bittrex!!!!!!

[tekmobile]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

Well so far is the slowest coin going lol hours to just get a single confirmation I know it will change as difficulty adjusts but still not off to the best start just 2 miners working by the looks of it and almost a full day (122/144) behind the BTC chain  

[Mika141]

Bitcoin cash to 3000$!!!!

[csmcc]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

It's a possible outcome.

There are many possible outcomes.

That's his/her opinion. Doesn't seem terribly unreasonable to me though.

Of course, it sounds bizarre that any exchange would de-list a token trading at $400+. But if that token has no network, and thus cannot transact, then it becomes redundant. Regardless how much the market "thinks" it's worth. Just because a token has value in the market, does not guarantee it's survival. The two are not tied by any sort of guarantee.

[kashish948]

just broke 0.2!!!!!

[BlackRed]

First casino to accept BCC?
https://www.reddit.com/r/BitcoinABC/comments/6r2w2j/luckygames_revolutionary_multicoin_casino_now/dl1wfwn/

[tekmobile]

Bitcoin cash to 3$!!!!

Corrected for you

[Ivica]

Worst come to worst - you fork POW to POS/POI/whatever, and don't rely on miners anymore at all, that's true for both, all pow coins really. Miners are here to protect network, not to dictate how much whatever-coin is worth or whether it's viable or not.

The only thing as a coin developer you should care about - are your customers. Your reputation is secondary however, but ideally you should be clear, honest and accountable.

[kashish948]

Bitcoin cash to 3$!!!!

Corrected for you

not looking like that....just broke 0.22 at bittrex! $600!!!!!

[legendbtc]

Almost 0.2 at bittrex!!!!!!

I think lot hype circulating around the crypto because of this Bitcoin Cash and soon the price of BCC will crash in the market. People are not understanding the clone and soon the many people will start dumping the BCC coin.

[csmcc]

Bitcoin cash to 3$!!!!

Corrected for you

not looking like that....just broke 0.22 at bittrex! $600!!!!!

I hope they do open deposits soon (and the network can actually process them .... lol) so I can offload the small amount I hold while these crazy prices are around.

[jpouza]

The latest Bitcoin Cash block appeared more than six hours ago.  Assuming honest timestamping, we can expect block #478576 to trigger REQ-7, resulting in a 20% difficulty reduction.

Bitcoin Cash could really be dead by then, exchanges are likely going to delist it if more miners pull out, causing further transactions delays. A delisting would mean cerain death as there'd be no incentive to mine therefore pushing BCash in a vicious cycle.

So do you mean Bch has no future? It will fall soon?

It's a possible outcome.

There are many possible outcomes.

That's his/her opinion. Doesn't seem terribly unreasonable to me though.

Of course, it sounds bizarre that any exchange would de-list a token trading at $400+. But if that token has no network, and thus cannot transact, then it becomes redundant. Regardless how much the market "thinks" it's worth. Just because a token has value in the market, does not guarantee it's survival. The two are not tied by any sort of guarantee.

Exactly, if there won´t be enough miners, then BCC will possibly die soon, nodoby will keep a currency with slow confirmations, it's not viable, this is the actual scenario.