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

[serby10101010001100010]

ban me you fuckers delete my posts go ahead, I don't give a flying shit!!!

[revenant2017]

No Bitcoin is the real chain.

One is BITCOIN
One is Bitcoin Cash (a new altcoin, not the REAL BTC)

There was the original chain which is Bitcoin.

Then the core devs failed to understand the purpose of Bitcoin and limited the block size to 1 mb. Hijacked the discussion, forced the intelligent devs to fork their coin from BTC. Then they implemented new code which fundamentally changes BTC from a currency to a settlement layer.

Both are forks from the original Bitcoin. Segwit, Cash.

Listen to your leader Jihan

Bitcoin Cash is being incorporated. Bitcoin is the real decentralization. Prices are high as of now but wait till everyone get a hand of their bitcoin cash.

[serby10101010001100010]

I'm out morons, burn in hell with your fucking thread lmfao

[x2666]

ban me you fuckers delete my posts go ahead, I don't give a flying shit!!!

Unlike the dumb, deaf, and blind BTC core corporation tyrants, we don't censor dissenting opinions.

If your posts get deleted it'll be by a global moderator and not hostfat. If that happens it's because you chose to post 4 different times instead of consolidate your 4 sentences into one post.

[MiPe]

BBC looks really good to me.

[Rnd2012]

I had found from long hard learned experience that every thread in bitcointalk dumped with many overloaded trolls simultaneously with a coin dumped down (our case BBC ) , so never afraid to buy that coin even if nothing developed by the development team price will definitely be more than 10 X .

[theleaf]

No Bitcoin is the real chain.

One is BITCOIN
One is Bitcoin Cash (a new altcoin, not the REAL BTC)

The Forks that Survives is the Real Bitcoin , and the survivor will be Bitcoin Cash.

Plus on segwitcoin , if everything goes to G.Maxwell's plan, you will only use LN ,
You won't be able to afford Onchain transactions, Offchain transactions are not bitcoin , only Onchain.


╥Aztek

This BCH thing is like another language! Plus, its the future
that decided which will be mainchain. Ultimately, its the miners who devote their hard work, time, power, n the mass that assign value to coin.

[theleaf]

No Bitcoin is the real chain.

One is BITCOIN
One is Bitcoin Cash (a new altcoin, not the REAL BTC)

The Forks that Survives is the Real Bitcoin , and the survivor will be Bitcoin Cash.

Plus on segwitcoin , if everything goes to G.Maxwell's plan, you will only use LN ,
You won't be able to afford Onchain transactions, Offchain transactions are not bitcoin , only Onchain.


╥Aztek

To simplify things, they are all going to exist, however, there might be major n minor chain of bitcoin. With miners hopping between chain, its fluctuations like crazy. There is no unity.

[theleaf]

Im getting crazy of this. Still didnt claim my bitcoin cash
Becouse i still dont know How.
I have bitcoin on A usb stick. So Wallet.dat
How cam i claim them ??

1. Before the fork, I had my bitcoins in Electrum wallet, call it "W1".
2. After the fork, I created a new wallet in Electrum call it "W2".
3. I move ALL my BTC bitcoins from W1 -> W2.
4. I install Electron Cash (for BCH Bitcoin Cash) and make a wallet in it "WCH1".
5. I export private key from Electrum "W1" (NOT W2!), from "W1" which is EMPTY.
6. I restore/import private keys from empty "W1"(BTC wallet) into "WCH1"(BCH Bitcoin Cash) wallet.
7. Now I have same amount of BCH Bitcoin Cash, which I had in W1 as BTC Bitcoin.

The reason for making W1 BTC empty and move all into W2 BTC is that in case the WCH1(BCH Bitcoin Cash) wallet is not safe, they won't be able to steal my bitcoins because I only use the private keys for the now EMPTY "W1" BTC wallet in the new BCH wallet.

Then from the BCH wallet, I sent my BCH Bitcoin Cash into my Exchange account.

BE CAREFUL:
DO NOT ACCIDENTALLY SEND BCH INTO A BTC ADDRESS.
DO NOT ACCIDENTALLY SEND BTC INTO A BCH ADDRESS.
...if you do any of those mistakes, your coins will be LOST FOREVER.


It's simple but read 10 times before you do it so that you can be sure you actually understood what I did.

But if Bitcoin Cash wallet is not safe, can your computed be infected? virus/malware,etc...because you are downloading n installing electron cash on your computer?
Has anyone tried Electrum Cash wallet? is it safe?

[bones261]

To simplify things, they are all going to exist, however, there might be major n minor chain of bitcoin. With miners hopping between chain, its fluctuations like crazy. There is no unity.

The pool operator of BTC.top came up with a solution for the chain hopping. He monitored the chain and contributed just enough hash to make sure the EDAs do not make the difficulty too low and prevent the profit seeking and unfaithful miners from swooping in like vultures and rend out every coin they can, just so they can dump and move on. Now the magical mystery miner is contributing just enough hash to keep the blocks coming at about once every 10 minutes or so. The dynamics of this network really sucks so far. Better hope the Bitcoin cash community can come up with a better way.

[Savik]

No Bitcoin is the real chain.

One is BITCOIN
One is Bitcoin Cash (a new altcoin, not the REAL BTC)

The Forks that Survives is the Real Bitcoin , and the survivor will be Bitcoin Cash.

Plus on segwitcoin , if everything goes to G.Maxwell's plan, you will only use LN ,
You won't be able to afford Onchain transactions, Offchain transactions are not bitcoin , only Onchain.


╥Aztek

To simplify things, they are all going to exist, however, there might be major n minor chain of bitcoin. With miners hopping between chain, its fluctuations like crazy. There is no unity.

I really think it will start a new wave of coins that are built to challenge the chain leaders. Look for a Scrypt coin to overtake LTC, or an X11 to take over Dash. We already see a lot of chain jumping among miners on those algos, and once they get smart and implement an EDA similar to BCH they will grow.

[theleaf]

Im getting crazy of this. Still didnt claim my bitcoin cash
Becouse i still dont know How.
I have bitcoin on A usb stick. So Wallet.dat
How cam i claim them ??

1. Before the fork, I had my bitcoins in Electrum wallet, call it "W1".
2. After the fork, I created a new wallet in Electrum call it "W2".
3. I move ALL my BTC bitcoins from W1 -> W2.
4. I install Electron Cash (for BCH Bitcoin Cash) and make a wallet in it "WCH1".
5. I export private key from Electrum "W1" (NOT W2!), from "W1" which is EMPTY.
6. I restore/import private keys from empty "W1"(BTC wallet) into "WCH1"(BCH Bitcoin Cash) wallet.
7. Now I have same amount of BCH Bitcoin Cash, which I had in W1 as BTC Bitcoin.

The reason for making W1 BTC empty and move all into W2 BTC is that in case the WCH1(BCH Bitcoin Cash) wallet is not safe, they won't be able to steal my bitcoins because I only use the private keys for the now EMPTY "W1" BTC wallet in the new BCH wallet.

Then from the BCH wallet, I sent my BCH Bitcoin Cash into my Exchange account.

BE CAREFUL:
DO NOT ACCIDENTALLY SEND BCH INTO A BTC ADDRESS.
DO NOT ACCIDENTALLY SEND BTC INTO A BCH ADDRESS.
...if you do any of those mistakes, your coins will be LOST FOREVER.


It's simple but read 10 times before you do it so that you can be sure you actually understood what I did.

But if Bitcoin Cash wallet is not safe, can your computed be infected? virus/malware,etc...because you are downloading n installing electron cash on your computer?
Has anyone tried Electrum Cash wallet? is it safe?

I use https://electrum.org for BTC (Bitcoin) it is safe as far as I know and very nice and good.

I used http://www.electroncash.org/ for BCH (Bitcoin Cash) but that software, seems safe. I do not know. I just took my BCH from it and then sent them to the exchange for trading.

If you have your private key in electrum, you can use it to recover BCH in electroncash wallet. That's what I used.

But again, read the steps I wrote 100 times to be sure what you are doing.

Lol, 100 times. Appreciated ur help!

[BitUsher]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

[theleaf]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

What KYC exist? Is changely/shapeshift better than Bittrex/Binance?

[BitUsher]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

What KYC exist? Is changely/shapeshift better than Bittrex/Binance?

Most exchanges ask for KYC , changely/shapeshift have a worse rate but don't ask for personal info

[bones261]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

What KYC exist? Is changely/shapeshift better than Bittrex/Binance?

Most exchanges ask for KYC , changely/shapeshift have a worse rate but don't ask for personal info

Yobit is pretty lax. But then again, they are Yobit....

[theleaf]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

What KYC exist? Is changely/shapeshift better than Bittrex/Binance?

Most exchanges ask for KYC , changely/shapeshift have a worse rate but don't ask for personal info

So what is KYC exist again? sometype of commision for withdrawing???

[BitUsher]

It is going to take me months to slowly offload my B cash. Lack of liquidity is the major reason. Selling all of it as that project has no future. Using Changely and Shapeshift as well to protect my privacy. Bit of a pain but worth it to avoid KYC exit.

What KYC exist? Is changely/shapeshift better than Bittrex/Binance?

Most exchanges ask for KYC , changely/shapeshift have a worse rate but don't ask for personal info

Yobit is pretty lax. But then again, they are Yobit....

Yes, just like btc-e was pretty lax ... until the haircut.


KYC , is KNOW YOUR CUSTOMER .... meaning reporting to tax authorities and regulators

[classicsucks]

why do I have the feeling this article is a web of lies?: https://achow101.com/2016/04/Segwit-FUD-Clearup

Segwit fixes many underlying issues nothing in bitcoin and creates a short term temporary scaling fix ideal situation for a corporate takeover of Bitcoin many that do not understand what segwit it just spread misinformation and call the facts FUD.

This short term fix then allows for a huge scaling fix corporate second layer takeover by Blockstream that will carry destroy what's left of the orginal bitcoin

FTFY.

LOL and now you're setting up botnets!? Popcorn time.

You're in way over your head, bro.

Back ontopic, what/when do the sane people here think the big price-moving event will be? Drama with Kore seems to be constant and not really moving the price as much as hashrate and blocktimes differences are. Not necessarily rational, but then again, I suppose BTC will remain in it's mildly-broken state for at least the next 3 months (an eternity in the crypto space)... Naturally, more services and exchanges will come online since BCH support is simple to implement and all of the old low-end use cases for BTC that evaporated 3 years ago just came back from the dead...

[classicsucks]

That was a tiny instantaneous attack im meaning a continuous one and yes the small one was wiped in one block but how would it cope if every 8MB block was full its going to take a considerable longer time to verify which means the creator of the block has a good head start while the others are mining on just the headers while its verified meaning more empty blocks

there is a very simple reason why this won't happen.

it's because the only people who've ever spammed the bitcoin blockchain are also the creators of bcash.

So you think they spammed there selves also, LOL.
Paranoid much.

Notice the only coin to ever complain of spam transactions is segwitcoin, maybe because every other coin has higher transactions capacity.


╥Aztek

LOL. According to my research the BCH chain was spammed HARD about 12 hours before BTC was. Believing that these attacks were not related or done by the same person is just silly. BCH was hammered, then BTC was hammered as a retaliation. Only difference is that BTC STILL HASN'T RECOVERED YET and BCH bounched back after ONE BLOCK, derp.

The spam attacks in 2016 and early 2017 were of an unknown origin, but based on their level of technical skill, were likely done by devs with a good knowledge of the block and fee structures. Blockstream had a natural incentive to do the spam attacks themselves, because at that time they almost had everyone scared into adopting Segwit due to the high level of unconfirmed transactions and high fees.

@tomcat it's hard to believe a Senior member here wouldn't understand spam? Read up on the history of email spam and I think you'll begin to understand the issue.

For anyone looking for evidence of spamming, here are some old spam transactions on the BTC blockchain:

https://blockchain.info/address/3QQB6AWxaga6wTs6Xwq8FYppgrGinGu15f

Note that the output address isn't valid - this means that no coins changed hands, only a fee was paid. Note also that the amount keeps increasing over time. I believe this attack cost something along the lines of $200k in fees, calculated at $3kUSD/BTC. Could've been a state actor, or someone with deep pockets,