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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 703561 times)
Searing
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April 10, 2018, 05:52:30 AM
 #14301

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.

BCH is all big miners..that is the original reason for the fork....no way they are gonna go POS coin, IMHO...


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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April 10, 2018, 06:59:44 AM
 #14302

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?

Only to increase the max block size from 8 -> 32 MB sadly still needs a HF - so yes.


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tekmobile
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April 10, 2018, 07:15:00 AM
 #14303

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.

Almost every channel in current existence was opened one sided with whoever opened the channel commiting all funds

Apraksin
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Moon?


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April 10, 2018, 12:57:47 PM
 #14304


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.

This kind of posts are very fascinating. It's English but it makes zero sense.
walriapunvi
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April 10, 2018, 01:09:46 PM
 #14305


Quite an interesting project. The idea is not new. However, connecting this with blockchain and crypto is an innovative solution. At least I have not met competitors.
vortexz
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April 10, 2018, 01:50:17 PM
 #14306

I invested in bcc long term, i like the tech and team behind it. just waiting for the right time
CryptoGosu
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April 10, 2018, 01:55:52 PM
 #14307

I doubt that this coin will grow in price. As it seems to me now it is possible to sell it for the time being not too late. I think Bitcoin Cash will soon lose its position in the top 5
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lose: unfind ... loose: untight


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April 10, 2018, 02:17:14 PM
 #14308

BCH is all big miners..

Well, no. As an anecdotal data point that to disprove your thesis, I have a significant investment in BCH. And I'm not a big miner. Hell, I'm not a miner at all. There are others that fit that description.

Quote
is the original reason for the fork....

Sorry - wrong again. The original reason for the fork was to save the principles of Satoshi's Bitcoin from the cancer that is The SegWit Omnibus Changeset.

Quote
no way they are gonna go POS coin, IMHO...

Well, I do think you are correct about that.

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
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lose: unfind ... loose: untight


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April 10, 2018, 02:19:47 PM
 #14309

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.

Almost every channel in current existence was opened one sided with whoever opened the channel commiting all funds

When it is a toy that is incapable of being funded with even enough money for a hamburger. Who is going to differentially lock up any substantial sum? You're talking about receiving your paycheck in that manner. Really? I'll believe it when I see it.

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
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April 10, 2018, 03:29:56 PM
 #14310

BCH is all big miners..

Well, no. As an anecdotal data point that to disprove your thesis, I have a significant investment in BCH. And I'm not a big miner. Hell, I'm not a miner at all. There are others that fit that description.

Quote
is the original reason for the fork....

Sorry - wrong again. The original reason for the fork was to save the principles of Satoshi's Bitcoin from the cancer that is The SegWit Omnibus Changeset.

Quote
no way they are gonna go POS coin, IMHO...

Well, I do think you are correct about that.

What exactly is your issue with segwit ? Don't think you have ever said
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April 10, 2018, 03:32:53 PM
 #14311

You cannot sell segwit here any more - try elsewhere.

This is about Satoshi's Whitpaper impl.

read it


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 _
tekmobile
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April 10, 2018, 03:37:00 PM
 #14312

You cannot sell segwit here any more - try elsewhere.

This is about Satoshi's Whitpaper impl.

read it



I will ask you the same what is your issue with it
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April 10, 2018, 03:57:12 PM
 #14313



Say hello & welcome to Africa - to ppl who need Bitcoin & Cash most !

http://bitcoinafrica.io/2018/04/10/remitano-introduces-bitcoin-cash-bch-support/


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 _
graysoon
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April 10, 2018, 06:47:17 PM
 #14314

some big miners hold a lot of mining power, like bitmain, and for sure they have some reserves of both btc and cash. if price goes below - they can use their capital to prevent that
jbreher
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lose: unfind ... loose: untight


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April 10, 2018, 08:13:53 PM
 #14315

What makes enthusiasts of J. Random Shitcoin feel this thread is an appropriate place to shill their wares?

Begone, heathens!

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 10, 2018, 10:09:05 PM
 #14316

You cannot sell segwit here any more - try elsewhere.

This is about Satoshi's Whitpaper impl.

read it



I will ask you the same what is your issue with it
Ask me, ask me..pleeeease ...me, me   Grin 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
tekmobile
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April 10, 2018, 10:15:21 PM
 #14317

You cannot sell segwit here any more - try elsewhere.

This is about Satoshi's Whitpaper impl.

read it



I will ask you the same what is your issue with it
Ask me, ask me..pleeeease ...me, me   Grin Tongue

Ok you answer in your own words since the other two obviously don't have a valid reason and decided to just ignore this question but are happy to respond to everything else
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April 10, 2018, 11:08:35 PM
 #14318

You cannot sell segwit here any more - try elsewhere.

This is about Satoshi's Whitpaper impl.

read it



I will ask you the same what is your issue with it
Ask me, ask me..pleeeease ...me, me   Grin Tongue

Ok you answer in your own words since the other two obviously don't have a valid reason and decided to just ignore this question but are happy to respond to everything else

Its shit,
Its a scam,
It was always part of the plan  Smiley

ok get this, i know you wont believe me..but here goes..
btc was always meant to HF to upgrade....but to many bagholders from years had to be rid off first.
While trying to rid of bagholders, some person/group decided...
hey since the banks want into crypto , lets sell them this 2nd layer on an old fork...
we can take the bankers money and make them wait years for something that wont even work....
oh and while we make them wait, we can get them to tie up their old btc on LN, then when the time is right...
we take the LN funds ,destroy old btc,segwet & ln and follow the real bitcoin...BCH
Once BCH gets majority hashpower, it becomes the true bitcoin.
My words  Tongue 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
jbreher
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lose: unfind ... loose: untight


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April 11, 2018, 12:28:56 AM
 #14319

Ok you answer in your own words since the other two obviously don't have a valid reason and decided to just ignore this question but are happy to respond to everything else

Nonsense. I've made my opinion clear numerous times. Didn't seem worthwhile to go through it yet again.

In a nutshell, The SegWit Omnibus Changeset is about the worst imaginable solution to a nonexistent problem.

Malleability is fully understood and is not a pain point.
If indeed a fix to malleability is desired (a debatable point), separating the signature from the remainder of a transaction is a worthwhile candidate for consideration.
But the gyrations required to make this a (*ahem!*) so-called 'soft fork' has fundamentally undermined the entire security model of the system.
That's not even starting with the cruft other than segwit which was bundled into The SegWit Omnibus Changeset.

Ultimately, this entire escapade pushed back a scaling solution by two years, and has led to a premature crest of the last wave of adoption - also likely pushing back the next wave by perhaps two years. Hopefully, this black period does not provide a big enough opening for the vampire squid to prepare a meaningful counterattack. I have my doubts. Time will tell.

I could go on, but that will suffice for a start.

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.
Bitbobb
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Less hops. More wins.


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April 11, 2018, 04:31:17 AM
 #14320

the owner of this website has not read the white paper either.  the proof is that I had this image removed.::



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