Bitcoin Forum
May 06, 2024, 10:14:07 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 [698] 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 ... 937 »
  Print  
Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703572 times)
jbreher
Legendary
*
Offline Offline

Activity: 3038
Merit: 1660


lose: unfind ... loose: untight


View Profile
March 23, 2018, 03:06:04 PM
 #13941

Segwit it nothing more than a malleability fix

False. There are many ways of implementing a malleability fix. The approach taken by segwit completely upends the bitcoin security model. All due to implementing it in a way that resisting it required a hard fork.

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.
1714990447
Hero Member
*
Offline Offline

Posts: 1714990447

View Profile Personal Message (Offline)

Ignore
1714990447
Reply with quote  #2

1714990447
Report to moderator
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714990447
Hero Member
*
Offline Offline

Posts: 1714990447

View Profile Personal Message (Offline)

Ignore
1714990447
Reply with quote  #2

1714990447
Report to moderator
1714990447
Hero Member
*
Offline Offline

Posts: 1714990447

View Profile Personal Message (Offline)

Ignore
1714990447
Reply with quote  #2

1714990447
Report to moderator
1714990447
Hero Member
*
Offline Offline

Posts: 1714990447

View Profile Personal Message (Offline)

Ignore
1714990447
Reply with quote  #2

1714990447
Report to moderator
jbreher
Legendary
*
Offline Offline

Activity: 3038
Merit: 1660


lose: unfind ... loose: untight


View Profile
March 23, 2018, 03:07:25 PM
 #13942

fuck BCH and BTC private

Yes, if you plan on fucking BCH and fucking BTC, you best do it in private.

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.
jbreher
Legendary
*
Offline Offline

Activity: 3038
Merit: 1660


lose: unfind ... loose: untight


View Profile
March 23, 2018, 03:09:24 PM
 #13943

Everyone who has Ethereum, can receive this token, for each 30 tokens, you can get 3 bitcoins
http://www.digitaljournal.com/pr/3707551

Impossibru. Basic arithmetic fail.

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.
tekmobile
Full Member
***
Offline Offline

Activity: 392
Merit: 154


View Profile WWW
March 23, 2018, 03:09:33 PM
 #13944

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Amazing. Just the way bitcoin used to work before blocks started getting persistently full.

Except no or very few accept 0-conf you amost always have to wait for 3-6 confirmations

Almost as soon as I pasted the payment address into lncli and pressed enter the email showed up it took longer to actually open steam to redeem the code

Also donated a whole 1 satoshi (0.0000001 BTC) to one of the lightning explorers not because I thought that's was all they was worth but because you can something you cannot do and never could on Bitcoin or Bitcoin cash
pikebu
Hero Member
*****
Offline Offline

Activity: 854
Merit: 522


View Profile
March 23, 2018, 03:10:29 PM
 #13945

BCH Good News For the community of bitcoin cash ( investors and traders )
https://news.bitcoin.com/chinese-exchange-bitasia-now-supports-0-confirmation-bch-transactions/
Earlier this week the Chinese exchange Bitasia announced it started accepting zero-confirmation transactions
Bitcoin cash BCH will be more fast on this exchanger and fresh money will come to in, be ready to up trend  Smiley

And yet there is a nice site that lists loads of double spends on BCH

https://doublespend.cash

0-conf just is not safe under any circumstances


I think the programmers of exchanger has made calculating about this risk (doubles spends and other risk) because they won't makes disappointing of their costumers to trading bitcoin cash BCH on their market, and zero confirmation of bitcoin cash will takes new costumers to trade on there.
jbreher
Legendary
*
Offline Offline

Activity: 3038
Merit: 1660


lose: unfind ... loose: untight


View Profile
March 23, 2018, 03:13:26 PM
 #13946

Except no or very few accept 0-conf you amost always have to wait for 3-6 confirmations

Freekin' payment processors used to accept 0-conf transactions. Until persistently full blocks ruined The Bitcoin Experience.

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.
bgibso01
Legendary
*
Offline Offline

Activity: 1218
Merit: 1001



View Profile
March 23, 2018, 03:23:26 PM
 #13947

I must say bitcoin Cash went through a lengthy since its release. We have a great deal to expect within 2018
vothuong1
Jr. Member
*
Offline Offline

Activity: 238
Merit: 3


View Profile
March 23, 2018, 05:25:33 PM
 #13948

Whats ur thought about bitcoin private? potential rival to bch or btc? Who are the developers?
vothuong1
Jr. Member
*
Offline Offline

Activity: 238
Merit: 3


View Profile
March 23, 2018, 05:27:24 PM
 #13949

I must say bitcoin Cash went through a lengthy since its release. We have a great deal to expect within 2018

Its reached top market cap soon after its release, one of the most hyped coin, where btc takes almost a decade.
abdulaziz07
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250


View Profile
March 23, 2018, 05:41:57 PM
 #13950

It shows pretty well the advantage of the 8mb block size vs the 1 mb block size. Which tool did you use to create this graphic on txhighway
estenity
Hero Member
*****
Offline Offline

Activity: 1918
Merit: 535


View Profile
March 24, 2018, 01:00:33 AM
 #13951

binance from china then japan,going to Malta ?

https://www.bloomberg.com/news/articles/2018-03-23/the-world-s-biggest-cryptocurrency-exchange-is-moving-to-malta
Mrpumperitis
Legendary
*
Offline Offline

Activity: 2730
Merit: 1075


View Profile
March 24, 2018, 08:41:53 AM
 #13952

The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
tekmobile
Full Member
***
Offline Offline

Activity: 392
Merit: 154


View Profile WWW
March 24, 2018, 09:44:28 AM
 #13953

The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks



bitcoinPsycho
Legendary
*
Offline Offline

Activity: 2478
Merit: 2077


$120000 in 2024 Confirmed


View Profile
March 24, 2018, 09:51:26 AM
 #13954

The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks




you nailed it tek . thats it in a nutshell. bye bye bch

$100,000 BTC in one hour
Mrpumperitis
Legendary
*
Offline Offline

Activity: 2730
Merit: 1075


View Profile
March 24, 2018, 09:57:55 AM
 #13955

The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks




What is the cost of setting up a node that allows a vote on major changes to the whole system?.....It is so cheap, that it becomes an exploit as the uasf/hf has shown.
Its not like the nodes that vote have to hold a minimum amount of btc (thats how it should be done)


I understand the whole premise of crypto, and taking back financial freedom and not being slaves to bankers system, this is why i support bch.  Tongue

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
dishku
Legendary
*
Offline Offline

Activity: 1918
Merit: 1003


View Profile
March 24, 2018, 10:00:22 AM
 #13956


I'm confused to see this news into this thread because from my point of view this is not relevant to this coin. Please explain about this even they are not offering any kind of dedicated market pairs with BCH Huh
BuyCheck
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
March 24, 2018, 10:01:41 AM
 #13957

How is Bcash still a thing when the Bitcoin mempool is almost empty? Roger got some deep pockets..
Mrpumperitis
Legendary
*
Offline Offline

Activity: 2730
Merit: 1075


View Profile
March 24, 2018, 10:04:50 AM
 #13958

How is Bcash still a thing when then Bitcoin mempool is almost empty? Roger got some deep pockets..

https://blockmanity.com/bitcoin-com-wallet-not-support-bitcoin-core-bitcoin-cash/
Roger Ver, the CEO of Bitcoin.com, the entry point for new people to learn about Bitcoin,
 just announced
 Bitcoin.com wallet will no longer support the Bitcoin core by default and would give preference to Bitcoin Cash
.
 Roger Ver announced this news at the Satoshi Vision Conference in Tokyo, Japan.
LOL  Tongue

big old btc dump incoming imo  Wink

Technically Bitcoin is a fork and Bitcoin Cash is the original blockchain.When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.- NIST
tekmobile
Full Member
***
Offline Offline

Activity: 392
Merit: 154


View Profile WWW
March 24, 2018, 10:09:04 AM
 #13959

The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks




What is the cost of setting up a node that allows a vote on major changes to the whole system?.....It is so cheap, that it becomes an exploit as the uasf/hf has shown.
Its not like the nodes that vote have to hold a minimum amount of btc (thats how it should be done)


I understand the whole premise of crypto, and taking back financial freedom and not being slaves to bankers system, this is why i support bch.  Tongue

The nodes themselves don't vote the users do with our money

We create value as with UASF we gave it value therefore the miners not supporting segwit would be stuck on a worthless chain and were either forced to upgrade or go their own way on a minority chain hence BCH that is the minority chain one that they can control one that will never push something they won't agree with because they are the ones controlling the code so the users have to either knuckle down and just accept or fork off

BuyCheck
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
March 24, 2018, 10:09:57 AM
 #13960

How is Bcash still a thing when then Bitcoin mempool is almost empty? Roger got some deep pockets..

https://blockmanity.com/bitcoin-com-wallet-not-support-bitcoin-core-bitcoin-cash/
Roger Ver, the CEO of Bitcoin.com, the entry point for new people to learn about Bitcoin,
 just announced that Bitcoin.com wallet will no longer support the Bitcoin core by default and would give preference to Bitcoin Cash.
 Roger Ver announced this news at the Satoshi Vision Conference in Tokyo, Japan.
LOL  Tongue

big old btc dump incoming imo  Wink

As long as he refers to it as Bcash, instead of trying to deceive new users into buying fake Bitcoin, fine with me!
Pages: « 1 ... 648 649 650 651 652 653 654 655 656 657 658 659 660 661 662 663 664 665 666 667 668 669 670 671 672 673 674 675 676 677 678 679 680 681 682 683 684 685 686 687 688 689 690 691 692 693 694 695 696 697 [698] 699 700 701 702 703 704 705 706 707 708 709 710 711 712 713 714 715 716 717 718 719 720 721 722 723 724 725 726 727 728 729 730 731 732 733 734 735 736 737 738 739 740 741 742 743 744 745 746 747 748 ... 937 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!