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

[Waldozaur12]

Bcash is another altcoin. Bitcoin BTC is one and only. The king of all coins.

BTC is first but with such a high fees is useless.

[hv_]

why would they put it on a whiteboard in a video for everyone to see?

to convince people it's really true of course.

epic plans don't happen until they're planned out beforehand on a white board. every evil genius knows that.

he certainly blew his cover there though. i assume the shadowy cabal behind him is gonna have words and maybe even take his white board away.

BTG is going to go to BCH prices because its more like the original bitcoin than cash stash BTG is GPU unlike this asic cartel shenanigan coin<<<

You still suffer from troll dreams.

Either BTG mining will be attacked by bot net or ASICs will be built if ppl pay enough for these coins.

ASICS would be very hard to build for the Equihash. It requires a good deal of RAM. If you wanted to build an ASIC that can hash 100 times what a GPU can do, you would need at least 100GB of RAM, if not more. In order to make your ASIC more power efficient too, you would have to make the RAM more efficient. You could try to incorporate the RAM on the ASIC chip to make it more efficient, but at the present time, the processes to make an ASIC chip and a RAM chip are different. So you would need to invent a whole new process. The R&D costs would be prohibitive.
Furthermore, the BTG team is clearly not aversive to implementing Hard Forks, Like CORE. So if such an ASIC came to market, they could just hard fork to a different algorithm. But hey, at least the new ASIC will still be able to mine ZCASH. (However, I suspect Zooko would consider hard forking as well.)

BTG is being picked up by Vitalik and Lukejr so expect it to go higher then BCH BTG will be the winner by GPU is more like the original bitcoin not asic cartel<<<

BTC already fullfills the function of unmovable numismatic like gold, floored by very high mining costs and bootstrapped social network.

Bitcoin Cash is able to be sound and used money and is clearly superior once bootstrapping around world's merchants will leave BTC behind.

Provitable mining always has a strong attractor to centralize, no matter what algo you use.
BTG is good to keep Luke and other trolls busy, no more

[boraboy]

I just have pages of ignore now. so many BCH haters

[tekmobile]

why would they put it on a whiteboard in a video for everyone to see?

to convince people it's really true of course.

epic plans don't happen until they're planned out beforehand on a white board. every evil genius knows that.

he certainly blew his cover there though. i assume the shadowy cabal behind him is gonna have words and maybe even take his white board away.

BTG is going to go to BCH prices because its more like the original bitcoin than cash stash BTG is GPU unlike this asic cartel shenanigan coin<<<

You still suffer from troll dreams.

Either BTG mining will be attacked by bot net or ASICs will be built if ppl pay enough for these coins.

ASICS would be very hard to build for the Equihash. It requires a good deal of RAM. If you wanted to build an ASIC that can hash 100 times what a GPU can do, you would need at least 100GB of RAM, if not more. In order to make your ASIC more power efficient too, you would have to make the RAM more efficient. You could try to incorporate the RAM on the ASIC chip to make it more efficient, but at the present time, the processes to make an ASIC chip and a RAM chip are different. So you would need to invent a whole new process. The R&D costs would be prohibitive.
Furthermore, the BTG team is clearly not aversive to implementing Hard Forks, Like CORE. So if such an ASIC came to market, they could just hard fork to a different algorithm. But hey, at least the new ASIC will still be able to mine ZCASH. (However, I suspect Zooko would consider hard forking as well.)

BTG is being picked up by Vitalik and Lukejr so expect it to go higher then BCH BTG will be the winner by GPU is more like the original bitcoin not asic cartel<<<

BTC already fullfills the function of unmovable numismatic like gold, floored by very high mining costs and bootstrapped social network.

Bitcoin Cash is able to be sound and used money and is clearly superior once bootstrapping around world's merchants will leave BTC behind.

Provitable mining always has a strong attractor to centralize, no matter what algo you use.
BTG is good to keep Luke and other trolls busy, no more

Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited

As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.

Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.

Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years

Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee

http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

[bones261]

Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited

As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.

Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.

Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years

Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee

http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

Let's start archiving all of the Steemit posts on the Bitcoin Cash blockchain.

[tekmobile]

Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited

As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.

Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.

Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years

Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee

http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

Let's start archiving all of the Steemit posts on the Bitcoin Cash blockchain.

Anything sent to these addresses is lost forever because you are not generating an address from a private key you are just generating a specific address the private key is unknown therefore any funds cannot be recovered thats why it no longer happens on bitcoin you would be essentially burning possibly $100 for a extra large inflated transaction but when you can send any transaction for 1sat/byte even a large inflated transaction can still be under $1 in tx fees

[bones261]

Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited

As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.

Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.

Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years

Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee

http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

Let's start archiving all of the Steemit posts on the Bitcoin Cash blockchain.

Anything sent to these addresses is lost forever because you are not generating an address from a private key you are just generating a specific address the private key is unknown therefore any funds cannot be recovered thats why it no longer happens on bitcoin you would be essentially burning possibly $100 for a extra large inflated transaction but when you can send any transaction for 1sat/byte even a large inflated transaction can still be under $1 in tx fees

Then let's help Steemit become more decentralized by archiving everything on their blockchain to Bitcoin Cash blockchain. Too bad that I have absolutely no idea how to implement such a plan. Wonder if Dan Larimer would give me some pointers. Probably not.

[tekmobile]

Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited

As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.

Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.

Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years

Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee

http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

Let's start archiving all of the Steemit posts on the Bitcoin Cash blockchain.

Anything sent to these addresses is lost forever because you are not generating an address from a private key you are just generating a specific address the private key is unknown therefore any funds cannot be recovered thats why it no longer happens on bitcoin you would be essentially burning possibly $100 for a extra large inflated transaction but when you can send any transaction for 1sat/byte even a large inflated transaction can still be under $1 in tx fees

Then let's help Steemit become more decentralized by archiving everything on their blockchain to Bitcoin Cash blockchain. Too bad that I have absolutely no idea how to implement such a plan. Wonder if Dan Larimer would give me some pointers. Probably not.

You can do it already with the help of https://www.cryptograffiti.info/ either send through the website for a fee or if you know how to build a multiple utxo transaction you can then send for almost nothing but all sent coins are burned from existence.

It's a totally stupid service though because you are taking coins out of circulation and inflating the chain for nothing the best thing they did was move from bitcoin to bcash

[Bitbobb]

I just have pages of ignore now. so many BCH haters

[Bitbobb]

[gembitz]

BTX segwit EXPLODING WHILE ABC is failing asic cartel :-D weeee

https://www.cryptopia.co.nz/Exchange/?market=BTX_BTC

[Bitbobb]

https://www.reddit.com/r/btc/comments/7eil12/evidence_that_the_mods_of_rbitcoin_may_have_been/

[hv_]

why would they put it on a whiteboard in a video for everyone to see?

to convince people it's really true of course.

epic plans don't happen until they're planned out beforehand on a white board. every evil genius knows that.

he certainly blew his cover there though. i assume the shadowy cabal behind him is gonna have words and maybe even take his white board away.

BTG is going to go to BCH prices because its more like the original bitcoin than cash stash BTG is GPU unlike this asic cartel shenanigan coin<<<

You still suffer from troll dreams.

Either BTG mining will be attacked by bot net or ASICs will be built if ppl pay enough for these coins.

ASICS would be very hard to build for the Equihash. It requires a good deal of RAM. If you wanted to build an ASIC that can hash 100 times what a GPU can do, you would need at least 100GB of RAM, if not more. In order to make your ASIC more power efficient too, you would have to make the RAM more efficient. You could try to incorporate the RAM on the ASIC chip to make it more efficient, but at the present time, the processes to make an ASIC chip and a RAM chip are different. So you would need to invent a whole new process. The R&D costs would be prohibitive.
Furthermore, the BTG team is clearly not aversive to implementing Hard Forks, Like CORE. So if such an ASIC came to market, they could just hard fork to a different algorithm. But hey, at least the new ASIC will still be able to mine ZCASH. (However, I suspect Zooko would consider hard forking as well.)

BTG is being picked up by Vitalik and Lukejr so expect it to go higher then BCH BTG will be the winner by GPU is more like the original bitcoin not asic cartel<<<

BTC already fullfills the function of unmovable numismatic like gold, floored by very high mining costs and bootstrapped social network.

Bitcoin Cash is able to be sound and used money and is clearly superior once bootstrapping around world's merchants will leave BTC behind.

Provitable mining always has a strong attractor to centralize, no matter what algo you use.
BTG is good to keep Luke and other trolls busy, no more

Huge blocks are bad though there are far too many issues and vulnerabilities yes it causes node decentralisation but there are other issues too just waiting to be exploited

As many newbies will probably be unaware early bitcoin blocks include many spam transactions of encoded data such as the bitcoin whitepaper and encoded images and text saved for eternity and undo-able.

Also before torrents became mainstream the #1 choice was to obtain copyright material was through usenet this uses something called yEnc that encodes binary files into text that can be sent and rebuilt through small chunks the same yEnc encoded binary data can also be encoded into bitcoin transactions doing so on bitcoin is not feasible any longer because you have to make a large transaction that costs too much for the amount of data needing to be stored.

Now with Bcash with large blocks and talks of gigabyte blocks and keeping sub 1 cent fees there will never be a issue you can encode and store whatever you want on the blockchain including illegal prohibited content such as child porn that can never be deleted forced to be stored by all full nodes forever thinks like this are why I am so against pure on chain scaling with huge blocks these types of spam transactions are undetectable they look no different from any other transaction you need to look at things from every possible angle if it's possible it will be done and has been done already on bitcoin when it was in it's early years

Have a look here and imagine things like this being applied to gigabyte blocks for as little as sending the smallest amount possible with just a 1sat/byte fee

http://www.righto.com/2014/02/ascii-bernanke-wikileaks-photographs.html

Many thanks for backing out this discussion here into a decade speculation and showing all you'rejust about trolling here or not able to see this.

By a decade speculation  / Gigablocks you just ignore many potential tech events like iPhone, terabytestores, broadband,... all thing helping only to the upside of scaling and are nearly 100% sure to come in next decades.

Really, not worth of spreading FUD here in 2017.  

[Mrnat]

BCH has asserted itself and has been on an upward trend for a few weeks now. All cryptos are gaining international support as owners tell friends and educate. I hope we all work together by educating friends and family like I do about the only way to become a free people, free from the control of the deep state.


BCH long.

When's your dragon slayer coming did it get lost ive been waiting all day but it's still not shown up

what´s all about this dragon slayer operation, what they supposed to do? attack Bitcoin ? or BCH, ive seen some pictures online with a couple of guys, like 5 people, and there is so much FUD around that one does not know what to think about it, why so much hatred between groups?

[anon1]

https://www.reddit.com/r/btc/comments/7eil12/evidence_that_the_mods_of_rbitcoin_may_have_been/

Very interesting...


"So who posted that?
We have a surprisingly large amount of evidence indicating that 4n4n4 is /u/nullc, the CTO of Blockstream."

[Rosewater Foundation]

https://www.reddit.com/r/btc/comments/7eil12/evidence_that_the_mods_of_rbitcoin_may_have_been/

Very interesting...


"So who posted that?
We have a surprisingly large amount of evidence indicating that 4n4n4 is /u/nullc, the CTO of Blockstream."

and so?

[Bitbobb]

[worldwide100]

1 - With Bitmex dumping Bitcoin cash and crediting users with bitcoin, the liquidation event could depress Bitcoin cash price according to the below link.

2 - Grayscale Investments recently announced its intention to sell the bitcoin cash held by its Bitcoin Investment Trust (OTC: GBTC) — a fund that currently holds more than $1 billion in assets — and distribute a dividend to its shareholders according to the below link.

https://www.cryptocoinsnews.com/bitmex-to-dump-bitcoin-cash-and-credit-users-with-bitcoin/

3 - Bitcoin has 3 forks coming up that can lead to many want to hold bitcoin to get the free coins.

https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

4 - Some exchanges will credit Bitcoin holders per 1 august 2017 with Bitcoin cash on december 2017 and January 2018 which can result in selling free money for christmas expenses or for ideological reasons.

[flyx]

1 - With Bitmex dumping Bitcoin cash and crediting users with bitcoin, the liquidation event could depress Bitcoin cash price according to the below link.

2 - Grayscale Investments recently announced its intention to sell the bitcoin cash held by its Bitcoin Investment Trust (OTC: GBTC) — a fund that currently holds more than $1 billion in assets — and distribute a dividend to its shareholders according to the below link.

https://www.cryptocoinsnews.com/bitmex-to-dump-bitcoin-cash-and-credit-users-with-bitcoin/

3 - Bitcoin has 3 forks coming up that can lead to many want to hold bitcoin to get the free coins.

https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

4 - Some exchanges will credit Bitcoin holders per 1 august 2017 with Bitcoin cash on december 2017 and January 2018 which can result in selling free money for christmas expenses or for ideological reasons.

What is the best exchanger for trade (Without limit and restrict countries)

[Neversettle]

1 - With Bitmex dumping Bitcoin cash and crediting users with bitcoin, the liquidation event could depress Bitcoin cash price according to the below link.

2 - Grayscale Investments recently announced its intention to sell the bitcoin cash held by its Bitcoin Investment Trust (OTC: GBTC) — a fund that currently holds more than $1 billion in assets — and distribute a dividend to its shareholders according to the below link.

https://www.cryptocoinsnews.com/bitmex-to-dump-bitcoin-cash-and-credit-users-with-bitcoin/

3 - Bitcoin has 3 forks coming up that can lead to many want to hold bitcoin to get the free coins.

https://news.bitcoin.com/initial-fork-offerings-ifos-the-new-way-to-fund-crypto-projects/

4 - Some exchanges will credit Bitcoin holders per 1 august 2017 with Bitcoin cash on december 2017 and January 2018 which can result in selling free money for christmas expenses or for ideological reasons.

I don´t think the upcoming forks are not a real reason to hold bitcoin.