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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703561 times)
mindrust
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April 09, 2018, 05:55:12 PM
 #14281

Seems like a pretty limiting factor for LN if true
https://twitter.com/beijingbitcoins/status/983161737900736512  Huh

i think it's gonna be quite some time before we know what a lightning network can and can't do. i wouldn't pretend to have a clue. there are some very clear limitations right now. they might be solved, they might make sure it never amounts to a hill of beans.

it's a bit dumb how it became bitcoin's savior without most people having any understanding of what it really is. the jury's still out for me at least. i'm in no rush to set up a channel.

As long as people can get their tx on the next block with a 1-5sat/byte fee, most people will do exactly as you. LN has faster tx times than any other crypto network probably but for most people waiting for 10 mins isn't a big deal. But for those who want to spend their coins as fast as they spend their cash with credit cards, that's huge.

Imagine, with LN you'll be able to do your grocery shopping. Pay and go. Just like Visa.

Another good thing about LN is, there is now an exit door for us. If evils shits of bitmain again decide to spam the network, this time there will be an alternative. They'll be wasting their time and money while getting nothing in return. Even if those limitations don't get solved at all, being an alternative to the old on-chain is more than enough to make it valuable.


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1713512344
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johndenveriam
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April 09, 2018, 06:01:00 PM
 #14282


That is extremely interesting to peruse your post I am in colossal stun.

Who are into this space all think about that awesome individual and there is no uncertainty

how virtuoso and skilled individual who is however I didn't get it

your perspective what you need to state really.
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April 09, 2018, 07:47:15 PM
Merited by Mrpumperitis (1)
 #14283

LN salesmen come in try to panic sell their alpha product to lemmings.

Let em play their last game and try not to lose your LN SW coins in that try.

Carpe diem  -  understand the White Paper and mine honest.
Fix real world issues: Check out b-vote.com
The simple way is the genius way - Satoshi's Rules: humana veris _
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April 09, 2018, 08:23:06 PM
 #14284

from some latest good news: Antigua and Barbuda is determined to launch a cryptocurrency exchange, BCH will be widely accepted https://coinidol.com/antigua-and-barbuda-determined-to-launch-cryptocurrency-exchange/
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April 09, 2018, 08:26:13 PM
 #14285

from some latest good news: Antigua and Barbuda is determined to launch a cryptocurrency exchange, BCH will be widely accepted https://coinidol.com/antigua-and-barbuda-determined-to-launch-cryptocurrency-exchange/
"BCH will be widely accepted " as a shitcoin and a fraud

$100,000 BTC in one hour
MarketMagic
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April 09, 2018, 08:59:27 PM
 #14286

Bitcoin cash price is down right now especially for someone like me that bought at  2k! Many promises that we bought into is not been fulfilled right now. Bitcoincash seem not to go anywhere what is the next step in development of this coin!


Fake satoshi getting richer dumping his shitcoin on us further all while tweeting us about his lambos and 5 star hotel visits.

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Mrpumperitis
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April 09, 2018, 09:15:16 PM
 #14287



Bitcoin Cash was a contingency plan bitmain is getting their main business taken from under them there was talks of a PoW change and bitmain needed something they could control so their miners couldn't be made obsolete.

The same is happening now with monero fluffy pony tweaked the algorithm to brick bitmains cryptonight miners so they forked off monero classic that supports bitmain (is paid for by) so they can continue to have a coin that is in their control and they can guarantee it's future.
No tek please stop the lies, BCH was not a plan for bitmain,
BCH was to save all of Bitcoin from segwet and AXA banking group.


Sounds like you want a pow change for og btc, go for it.
tbh this will be the only way to keep segwetcoin alive,

id suggest you segwetters start planning a HF for og btc and get rid of the asic miners before the asic miners get rid of you lot  Wink
You could get gmax and fluffy to help you change the pow, im sure they are btc maximilists like most other ltc/xmr guys  Cheesy Cheesy

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
Sam123
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April 09, 2018, 10:03:24 PM
 #14288

Here is an interesting article from this morning to read
https://www.marketwatch.com/story/paypal-stock-rises-after-morgan-stanley-says-its-dominance-is-unwavering-dismisses-bitcoin-threat-2018-04-09
https://www.investors.com/news/technology/bitcoin-not-winning-over-online-merchants-vs-paypal-amazon-visa/?src=A00220&yptr=yahoo
Can Bitcoin Cash win over Paypal?
jbreher
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April 09, 2018, 11:03:16 PM
Merited by Mrpumperitis (1)
 #14289

Bitcoin ABC is Bitcoin Cash

Just no. SMH.

Bitcoin Cash is a crypto monetary system with an integral unique blockchain.

Bitcoin ABC is a client for accessing that system.

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.
Mrpumperitis
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April 09, 2018, 11:05:06 PM
 #14290

Welcome back  Grin

https://twitter.com/Bitcoin

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
jbreher
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April 09, 2018, 11:12:34 PM
 #14291

I can set up a LN node and never fund it but anyone can connect to it and send funds over a LN channel

If that is even possible, it doesn't make any sense. Why would one party lock funds into a channel that their counterparty at the other end of the channel is unwilling to match? That's insane.

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.
TraderInc
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April 10, 2018, 12:40:42 AM
 #14292

I feel like Bitcoin Cash is really over sold now.
but Market might have more surprises you never know.
The Prices keep getting better for buying lol.
Seems Like BCH got sold much harder than BTC & Ethereum
Mrpumperitis
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April 10, 2018, 12:44:56 AM
 #14293

Bitcoin cash price is down right now especially for someone like me that bought at  2k! Many promises that we bought into is not been fulfilled right now. Bitcoincash seem not to go anywhere what is the next step in development of this coin!
https://www.cryptoglobe.com/latest/2018/04/bitcoin-cash-hard-fork-in-may-will-have-ethereum-like-features/

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
estenity
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April 10, 2018, 01:58:01 AM
 #14294


yes very interesting, but they compare highly different prestations.
Mrpumperitis
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April 10, 2018, 02:37:24 AM
 #14295



Bitcoin Cash was a contingency plan bitmain is getting their main business taken from under them there was talks of a PoW change and bitmain needed something they could control so their miners couldn't be made obsolete.

The same is happening now with monero fluffy pony tweaked the algorithm to brick bitmains cryptonight miners so they forked off monero classic that supports bitmain (is paid for by) so they can continue to have a coin that is in their control and they can guarantee it's future.
No tek please stop the lies, BCH was not a plan for bitmain,
BCH was to save all of Bitcoin from segwet and AXA banking group.


Sounds like you want a pow change for og btc, go for it.
tbh this will be the only way to keep segwetcoin alive,

id suggest you segwetters start planning a HF for og btc and get rid of the asic miners before the asic miners get rid of you lot  Wink
You could get gmax and fluffy to help you change the pow, im sure they are btc maximilists like most other ltc/xmr guys  Cheesy Cheesy

ohhh...welldone guys/s  Cheesy https://www.reddit.com/r/btc/comments/8b3i4n/privacycentric_coin_xmr_splits_into_four/

On April 6 the privacy-centric cryptocurrency monero (XMR) forked the protocol in order to make the digital asset’s mining ecosystem egalitarian. However, the hard fork has led to the birth of four monero-based blockchain branches all claiming to be the “original monero.”

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
Mrpumperitis
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April 10, 2018, 03:35:57 AM
 #14296

Time to pile into BCH  Cool

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
yeyicheng888
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April 10, 2018, 04:23:40 AM
 #14297

BCH, after splitting up, support more innovation under the premise of safety and centralization.
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April 10, 2018, 04:51:30 AM
 #14298

There were predictions that Ver will still many times raise the price of bitcoin cash and for sure it will happen when the whole market will start to receive money
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April 10, 2018, 05:13:38 AM
 #14299

I feel like Bitcoin Cash is really over sold now.
but Market might have more surprises you never know.
BCH is sold off like many parts of the market.  I got no doubt it'll rise again maybe as soon as the second part of this month but generally over the summer I guess, whether it holds the higher values is where its harder to say.  But outright being a perma bear on any crypto protocol is rarely profitable as markets never move in just straight lines.

As far as forks go, I'm waiting for the fork which makes for really low cost transaction processing maybe a fork to Proof of Stake would be really revolutionary and justifiable.   But I hear no news of this and it would be a surprise for sure.

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April 10, 2018, 05:39:38 AM
 #14300

Bitcoin Cash will perform a hard fork upgrade in May 15th. Are these changes necessary? Is it worth using a hard fork to deploy it?
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