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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703567 times)
abz1
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August 02, 2017, 03:23:55 PM
 #2081


Won't the difficulty eventually adjust so that then the network will stabilize?

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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vectisitch
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August 02, 2017, 03:24:51 PM
 #2082

Maybe this BCH thing was the biggest scam in the History of Crypto.
You may be onto something. There is no reason for this to exist, none whatsoever. It most certainly is not "satoshi's vision".

Was this satoshi's dream?


Fantastic post! There's so much "bit" shitclones already... Bitcoinplus, bitcoin dark, bitcore, bitsend etc etc
No way BCC or BCH (which sounds like BiCH Cheesy ) will be worth 0.4 of BTC!

lollololol. the best one, bitcoin coin. lol not enough coin in that one
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August 02, 2017, 03:28:17 PM
 #2083


Won't the difficulty eventually adjust so that then the network will stabilize?


That is my understanding also.  There is some incentive to not dedicate hash to mine so difficulty will adjust downward.  There is some 20% adjustment that happens after a period of time.  Not sure if those can be added together for a 40/60% decrease. 
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August 02, 2017, 03:31:45 PM
 #2084


Won't the difficulty eventually adjust so that then the network will stabilize?


That is my understanding also.  There is some incentive to not dedicate hash to mine so difficulty will adjust downward.  There is some 20% adjustment that happens after a period of time.  Not sure if those can be added together for a 40/60% decrease. 

Maybe Genesis Block is just trolling the network keeping it artificially high and will just come and go to help it fail
iamnewhere
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August 02, 2017, 03:32:46 PM
 #2085


Won't the difficulty eventually adjust so that then the network will stabilize?



no miners = no block mined = no diff adjustment = no miners will join

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August 02, 2017, 03:33:01 PM
 #2086


Won't the difficulty eventually adjust so that then the network will stabilize?


That is my understanding also.  There is some incentive to not dedicate hash to mine so difficulty will adjust downward.  There is some 20% adjustment that happens after a period of time.  Not sure if those can be added together for a 40/60% decrease. 

Can difficulty change mid block? If not we have to wait for the current block to be solved.

AKA JayDDee, cpuminer-opt developer. https://github.com/JayDDee/cpuminer-opt
https://bitcointalk.org/index.php?topic=5226770.msg53865575#msg53865575
BTC: 12tdvfF7KmAsihBXQXynT6E6th2c2pByTT,
wklalen
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ibuku adalah segalanya(my mother is the best)


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August 02, 2017, 03:35:06 PM
 #2087

waiting wallet on
dumper soon wkwkwkwk

Bitcoin=>1PGhTxdVUWe5VYQ4CwLRbFmVi1uuMzqzCR




Who want rich lets try here https://bc.game/i-41rqo2sb-n/
Dice BTC/doge/ltc/eth/xmr
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August 02, 2017, 03:35:20 PM
 #2088

any good recommendation on where to help the mining effort?

Sojourn: reward points that work for you! Travel with the cryptocurrency of your choice. http://www.sojournbooking.net/ Now trading on Nova Exchange!
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THE WORST EVER


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August 02, 2017, 03:35:51 PM
 #2089

Lets pull out another! Is funny!  Grin Grin Grin Grin

Bitcoin Turd (tickets BTT and BTD, yes both are already taken!) airdrop 1:1 to all BTC holders, except the ones who have their coins in reliable exchanges.

Features:

1- If you don't get your Bitcoin Turd you can send us your BTC private key, then you will have BTT/BTD, and maybe even a bit of your BTC will be returned!

2- No transactions or blocks never! Nobody will dump the precious Bitcoin Turd, then the price will be high for ever!

3- Pump up to 10000 USD in low volume exchanges, as long as feature "2" is active!

4- Futures trading in our own exchange! You can buy as much Bitcoin Turd as you want before launch! Then you will never withdraw it!

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If you like the project we wait for your donations, we accept all coins, except for Bitcoin Turd, of course  Wink
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August 02, 2017, 03:36:24 PM
 #2090

Maybe this BCH thing was the biggest scam in the History of Crypto.
You may be onto something. There is no reason for this to exist, none whatsoever. It most certainly is not "satoshi's vision". Just a premined altcoin.



Quoting for posterity and historical purposes. This shit is excellent!

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R I Z E N
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bamsterdam
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August 02, 2017, 03:37:56 PM
 #2091

Everyone is declaring BCH dead because the mine no blocks

but

If there arent 6 blocks mined every 12 hours difficulty will drop 20% every time. So if no blocks are founds diff will drop in a matter of days to a lvl that will be profitable to mine especially with these manipulated prices seen on the exchanges.

So if you want BCH to fail shouldnt it be better to mine more 6 blocks every 12 hour so diff ajustment wont take place untill another three months?

https://www.reddit.com/r/Bitcoin/comments/6r368j/bcash_will_mine_around_one_block_every_2_hours/



abz1
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August 02, 2017, 03:40:14 PM
 #2092

So our free coins are now suck in Limbo Huh??


lol
joblo
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August 02, 2017, 03:44:30 PM
 #2093

Are these hash rates for real? BCC almost as much nethash as BTC and still no blocks???

https://pool.viabtc.com/

AKA JayDDee, cpuminer-opt developer. https://github.com/JayDDee/cpuminer-opt
https://bitcointalk.org/index.php?topic=5226770.msg53865575#msg53865575
BTC: 12tdvfF7KmAsihBXQXynT6E6th2c2pByTT,
StuffOfInterest
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August 02, 2017, 03:44:36 PM
 #2094

My understanding is that Bitcoin can only do a difficulty adjustment every 2016 blocks (https://bitcoinwisdom.com/bitcoin/difficulty).  Unless BCC/BCH changed the difficulty algorithm then it may never get to that block count in order to make an adjustment.

I wonder if any coins use a shrinking difficulty based on time since last block generated?  In a situation like that, the difficulty could fall between blocks so that even one miner could keep the chain alive or restart it if it was dormant.

BExR exchange rates on your phone's home screen.
Miner Control to get auto algorithm switching for multiple mining services. (please donate if you like)
Could Proof of Blockchain (PoBC) help secure a coin and avoid runaway ASIC mining?
tekmobile
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August 02, 2017, 03:45:59 PM
 #2095

https://news.bitcoin.com/the-trading-center-in-hk-where-they-mined-most-of-the-bitcoin-cash-blocks/

Quote
According to the owner of ‘MC pool’ in Hong Kong, he and his “big miner friends” started mining BCH “for fun.” Additionally, the miner started mining BCH to promote his new trading center called “Genesis Block.” The trading center will focus on day trading, Over-the-Counter (OTC) sales, retail, night-time lectures, sharing and local cryptocurrency meet-ups.


Quote
The Hong Kong miner then goes on to explain that he and “most of his friends” have already switched back to the BTC main chain. They started mining yesterday, Hong Kong time, and the miner says the operation hasn’t been profitable due to the difficulty. “Return still cannot catch up to difficulty,” explains the miner. Since switching back to the main chain, the Hong Kong miner doesn’t think they will mine it again. He doesn’t believe his “friends” will jump back into mining BCH either.
ciro1
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Bitcore (BTX) - Your Payment Coin


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August 02, 2017, 03:47:28 PM
 #2096

Some people sell their free coin then come here to FUD just so others could dump to help them buy back cheaper...crazy world we live in Huh

Even Charlie Shrem could be buying more BCH right now but go about twitting all negative news about BCH, I wonder what happened to freedom of choice?

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tekmobile
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August 02, 2017, 03:52:15 PM
 #2097

Some people sell their free coin then come here to FUD just so others could dump to help them buy back cheaper...crazy world we live in Huh

Even Charlie Shrem could be buying more BCH right now but go about twitting all negative news about BCH, I wonder what happened to freedom of choice?

If anyone is mining now its just ViaBTC there is no FUD its facts everyone is just stopping the newcomers from being scammed by this
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August 02, 2017, 03:54:29 PM
 #2098

Some people sell their free coin then come here to FUD just so others could dump to help them buy back cheaper...crazy world we live in Huh

Even Charlie Shrem could be buying more BCH right now but go about twitting all negative news about BCH, I wonder what happened to freedom of choice?

Or maybe in this case it is WYSIWYG without another agenda and people are just dumping to get their free money out while they still can.

For me the sad thing is that for every winner there is a loser. The poor people that buy the coins from the people cashing in their free money. Those are the people I feel sorry for, but people should know what they are getting into when they buy.
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August 02, 2017, 03:56:27 PM
 #2099

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 send my BCH to the same BTC Bittrex address.

So is a lost right?

Sad

 Shocked did Electron Cash send your coins without interaction with you  Huh

Anyway you should contact Bittrex support, maybe they'll be able to help.

you most likely are connected to the wrong chain..check the server connection and switch to the right fork..
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August 02, 2017, 04:03:56 PM
 #2100

It seems no people will cry who dumped their coins at very low price. I believe this coin will grow more healthy and will take 2nd position in market and after this another fork will happen. This is game of profit where all people making free money.
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