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

[hv_]

Spending ideas emerging

http://www.mctwatches.com/news/buy-bitcoin-swiss-luxury-click

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[tekmobile]

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  

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  

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  

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

[mindrust]

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

It is impressive you are still trying to talk sense to these fucktards. You can't make them see what's going on while they are paid to spread FUD. On the other hand we shouldn't be letting them FUD neither because crypto community is so new, some people will get deceived by these clowns eventually.

I remember when I was neutral to this whole bcash unlimited-Bitcoin debate back then. One of these retards was advising me to not read reddit too much. I read even more and I see who's evil now.

Here another merit for your efforts. You are doing god's work.

[Mrpumperitis]

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  

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  

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  

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

You asked for my own words,lol

right think about this,what has happened with both coins...
BCH on every exchange...becoming more popular everyday...
BCH has a growing list of merchants...
Alot of $investment has been put into BCH in such a short time period...the old skool btc guys are all in BCH..why?

btc since segwit has lost so many huge merchants, making it unusable as a currency
It has not been a good store of value either...
   

yea i know nothing  
oh as for why i go on about LN and link segwet to it all the time...
Is segregated witness necessary to implement the Lightning Network?
Lightning Network (LN) uses payment channels with Hashed TimeLock Contracts. Both of those things are currently usable on Bitcoin mainnet without segregated witness.
https://segwit.org/is-segregated-witness-necessary-to-implement-the-lightning-network-6c4545a9f9f1

https://www.anythingcrypto.com/guides/segwit-bitcoin-lightning-network-explained
What is the Lightning Network

The Lightning Network is very different to Segwit. It proposes using smart contracts to create payment channels that only have to sync with the blockchain after a fixed amount of time. e.g. multiple payments might be processed off the blockchain, then all of them added in one blockchain transaction. This raises security concerns about users creating fake payments - which is why Segwit also needs be implemented (as it solves this security issue). Often Segwit and the Lightning Network will be discussed in the same threads because of its reliance on Segwit.

Tek you know all this...are you part of the game?    


All we are doing is chatting, while waiting for the inevitable,
BCH will become defacto bitcoin...segwet free.

[tomkat]

I think this statement isn't accurate, is it?

https://cryptodisrupt.com/bitcoin-cash-bch-will-fork-may-2018/
The lead developer for Bitcoin Cash, Amaury Séchet...

Amaury is lead dev for Bitcoin ABC.

Bitcoin ABC is Bitcoin Cash, ABC controls the project and decides what is happening

Amaury was supposedly paid for 1 years work by bitmain to fork it and get it off the ground

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.

Well, I thought Bitcoin ABC is just a client for Bitcoin Cash along with Unlimited, XT, and few smaller ones, no...?

ABC calls the shots though the others just have to play along

ABC is kind of like the official client and the one every one uses unlimited and xt don't really get a say

The fixed HF schedule is set by ABC and it's ABC that dictates what gets added therefore ABC is BCH

Unlike core and the other Bitcoin clients where the community gets to decide ABC just does what it's paid to do

There is a huge amount of people that supports cash but not the enabling of new opcodes and I expect another split to happen soon 0.17 has been out for maybe close to a week so far and it's showing so far nobody has "upgraded" yet

ABC is indeed dominant client, but BUCash is doing pretty well (470 nodes, 31,8% of the network) https://cashnodes.bitcoinunlimited.info/
Also, nodes are being upgraded, actually - 87 nodes have 0.17 installed.

[tekmobile]

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

It is impressive you are still trying to talk sense to these fucktards. You can't make them see what's going on while they are paid to spread FUD. On the other hand we shouldn't be letting them FUD neither because crypto community is so new, some people will get deceived by these clowns eventually.

I remember when I was neutral to this whole bcash unlimited-Bitcoin debate back then. One of these retards was advising me to not read reddit too much. I read even more and I see who's evil now.

Here another merit for your efforts. You are doing god's work.

I'm not trying to convince them that is a dead end but leave true information so newcomers can come and see both sides, do their own research and come to their own conclusion
Unlike the Bcash crew that is just out to decieve everyone

[Mrpumperitis]

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

It is impressive you are still trying to talk sense to these fucktards. You can't make them see what's going on while they are paid to spread FUD. On the other hand we shouldn't be letting them FUD neither because crypto community is so new, some people will get deceived by these clowns eventually.

I remember when I was neutral to this whole bcash unlimited-Bitcoin debate back then. One of these retards was advising me to not read reddit too much. I read even more and I see who's evil now.

Here another merit for your efforts. You are doing god's work.

I'm not trying to convince them that is a dead end but leave true information so newcomers can come and see both sides, do their own research and come to their own conclusion
Unlike the Bcash crew that is just out to decieve everyone

Is segregated witness necessary to implement the Lightning Network?
Lightning Network (LN) uses payment channels with Hashed TimeLock Contracts. Both of those things are currently usable on Bitcoin mainnet without segregated witness.
https://segwit.org/is-segregated-witness-necessary-to-implement-the-lightning-network-6c4545a9f9f1

https://www.anythingcrypto.com/guides/segwit-bitcoin-lightning-network-explained
What is the Lightning Network

The Lightning Network is very different to Segwit. It proposes using smart contracts to create payment channels that only have to sync with the blockchain after a fixed amount of time. e.g. multiple payments might be processed off the blockchain, then all of them added in one blockchain transaction. This raises security concerns about users creating fake payments - which is why Segwit also needs be implemented (as it solves this security issue). Often Segwit and the Lightning Network will be discussed in the same threads because of its reliance on Segwit.

True or False?

[hv_]

Big Forex Platform LMAX getting into cryptotrading by new  LMAX Digital

http://elexonic.com/2018/03/10/we-all-better-listen-up-the-ceo-of-an-fx-trading-firm-says-wall-street-needs-to-pay-attention-to-the-breakneck-growth-of-crypto-exchanges/

[hush]

Big Forex Platform LMAX getting into cryptotrading by new  LMAX Digital

http://elexonic.com/2018/03/10/we-all-better-listen-up-the-ceo-of-an-fx-trading-firm-says-wall-street-needs-to-pay-attention-to-the-breakneck-growth-of-crypto-exchanges/

It seems very soon markets will be turned into bullish and all projects will move to new high time easily. All weak hands almost out from this journey so they will miss this chance to make huge profit.

[tekmobile]

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  

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  

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  

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

You asked for my own words,lol

right think about this,what has happened with both coins...
BCH on every exchange...becoming more popular everyday...
BCH has a growing list of merchants...
Alot of $investment has been put into BCH in such a short time period...the old skool btc guys are all in BCH..why?

btc since segwit has lost so many huge merchants, making it unusable as a currency
It has not been a good store of value either...
   

yea i know nothing  
oh as for why i go on about LN and link segwet to it all the time...
Is segregated witness necessary to implement the Lightning Network?
Lightning Network (LN) uses payment channels with Hashed TimeLock Contracts. Both of those things are currently usable on Bitcoin mainnet without segregated witness.
https://segwit.org/is-segregated-witness-necessary-to-implement-the-lightning-network-6c4545a9f9f1

https://www.anythingcrypto.com/guides/segwit-bitcoin-lightning-network-explained
What is the Lightning Network

The Lightning Network is very different to Segwit. It proposes using smart contracts to create payment channels that only have to sync with the blockchain after a fixed amount of time. e.g. multiple payments might be processed off the blockchain, then all of them added in one blockchain transaction. This raises security concerns about users creating fake payments - which is why Segwit also needs be implemented (as it solves this security issue). Often Segwit and the Lightning Network will be discussed in the same threads because of its reliance on Segwit.

Tek you know all this...are you part of the game?    


All we are doing is chatting, while waiting for the inevitable,
BCH will become defacto bitcoin...segwet free.

Lightning network requires just a malleability fix it does not need to be segwit it just happens that segwit is the best fix available

Yes it will work without segwit or a malleability fix but the smart contract that holds the funds securely on chain is identified by it's transaction id it will work just fine without segwit or a malleability fix the only time a issue would arise is if the opening transaction gets affected by this bug and would result is total loss of funds nothing more and this would be a deal breaker

One of the proposed malleability fixes for BCH moves the signature out of the transaction area the exact same way as segwit with the only difference being that on BCH it's just moved permanently and everyone is forced to the new system while segwit just moves it to a separate merkle tree if the user chooses to use segwit and the user still has the option to use it or carry on using  legacy addresses with the signature still in the transaction area

The only reason bitmain etc do not like segwit is that it blocks their use of covert asicboost which takes away their advantage and also gives them incentives to not include some transactions which also explains why bitmain mine so many blocks with little to no transactions in them compared to other pools now BTC is able to use overt asicboost that gives a similar advantage to covert bit it also works with segwit and removes the incentive to produce empty blocks and is public knowledge as to who is using it there is a block explorer here with blocks found using overt asicboost https://asicboost.dance

[Mrpumperitis]

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  

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  

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  

I rest my case you could not give 1 valid reason I asked about segwit and you go off on some bullshit rant about LN

LN is not setwit LN is a payment network and segwit is a transaction malleability fix nothing more.

It moves the signature data to a different part of the block out of the transaction area that's all it does nothing more

Thankyou for confirming you know nothing

You asked for my own words,lol

right think about this,what has happened with both coins...
BCH on every exchange...becoming more popular everyday...
BCH has a growing list of merchants...
Alot of $investment has been put into BCH in such a short time period...the old skool btc guys are all in BCH..why?

btc since segwit has lost so many huge merchants, making it unusable as a currency
It has not been a good store of value either...
   

yea i know nothing  
oh as for why i go on about LN and link segwet to it all the time...
Is segregated witness necessary to implement the Lightning Network?
Lightning Network (LN) uses payment channels with Hashed TimeLock Contracts. Both of those things are currently usable on Bitcoin mainnet without segregated witness.
https://segwit.org/is-segregated-witness-necessary-to-implement-the-lightning-network-6c4545a9f9f1

https://www.anythingcrypto.com/guides/segwit-bitcoin-lightning-network-explained
What is the Lightning Network

The Lightning Network is very different to Segwit. It proposes using smart contracts to create payment channels that only have to sync with the blockchain after a fixed amount of time. e.g. multiple payments might be processed off the blockchain, then all of them added in one blockchain transaction. This raises security concerns about users creating fake payments - which is why Segwit also needs be implemented (as it solves this security issue). Often Segwit and the Lightning Network will be discussed in the same threads because of its reliance on Segwit.

Tek you know all this...are you part of the game?    


All we are doing is chatting, while waiting for the inevitable,
BCH will become defacto bitcoin...segwet free.

Lightning network requires just a malleability fix it does not need to be segwit it just happens that segwit is the best fix available

Yes it will work without segwit or a malleability fix but the smart contract that holds the funds securely on chain is identified by it's transaction id it will work just fine without segwit or a malleability fix the only time a issue would arise is if the opening transaction gets affected by this bug and would result is total loss of funds nothing more and this would be a deal breaker

reason bitmain etc do not like segwit is that it blocks their use of covert asicboost

segwet is more than what you said in your opening comment..dont care about you now saying, it is the best fix available...you could have said that before, but you choose not to, you choose to lie saying it only served one purpose.... and make out i knew nothing...

 
you know fine well...no segwet ,no ln as loss of funds would be a deal breaker as you just said.

then you say...reason bitmain etc do not like segwit is that it blocks their use of covert asicboost
so another purpose of segwet..other than malleability and using to use ln...
so much for it only serving one purpose as you claimed earlier.

[David48l]

I'm not trying to convince them that is a dead end but leave true information so newcomers can come and see both sides, do their own research and come to their own conclusion
Unlike the Bcash crew that is just out to decieve everyone

you're a fucking troll paid, you only come here to cheat people who are interested in bitcoin cash with false information

People do not need your false help, whoever wants to see both sides can read the pro btc forum.

But in the btc forum they will not find anything, basically because they censor any discussion, the reason, they do not have arguments to debate. They just pay trolls like you and fill the forums with them.

Bitcon Cash

Instant transactions thanks to 0 confirmation

Rates of 1sat / byte in ANY SITUATION, that is 0.002 cents and will continue like this thanks to the increase of 32mb

https://cash.coin.dance/development



Bitcoin Core (paypal 2.0)

1.2mb!

Hold!

Bcash! Bcash!

LN! ... (smoke)

You are a sold

[hv_]

Welcome progamable money!

https://nchain.com/en/media/nchain-receives-first-patent-grant-blockchain-enforced-smart-contract-invention/

[hv_]

Welcome to the Bitcoin.com Store affiliate program!


https://store.bitcoin.com/pages/affiliate-program

[xianwei82]

Bitcoincash, the technology development of this coin is worth looking forward to. Maybe one day it will go beyond bitcoin.

[jbreher]

One of the proposed malleability fixes for BCH moves the signature out of the transaction area the exact same way as segwit

Not exact but in a similar manner. In that the signature would be divorced from the transaction data. No more so.

with the only difference being that on BCH it's just moved permanently

Only difference? Au contraire, my undiscerning friend. The major difference is that none of the BCH malleability fix proposals seek to fundamentally undermine Bitcoin's tried and true security model.

The only reason bitmain etc do not like segwit is that it blocks their use of covert asicboost

smh. That's just stupid. I've already stated the reasons. The so-called 'asicboost advantage' is lost in the noise. To the extent that it is actually employed, for which there is no evidence for its widespread use.

there is a block explorer here with blocks found using overt asicboost https://asicboost.dance

Ooooh! Scaaaary! a total of.... nine blocks!

[jbreher]

<...blah blah blah...>

you're a fucking troll paid

Perhaps part of our esteemed Dr. Back's 'large teams', albeit on the weaker end of the scale.



https://twitter.com/adam3us/status/943876564856348673

[tekmobile]

One of the proposed malleability fixes for BCH moves the signature out of the transaction area the exact same way as segwit

Not exact but in a similar manner. In that the signature would be divorced from the transaction data. No more so.

with the only difference being that on BCH it's just moved permanently

Only difference? Au contraire, my undiscerning friend. The major difference is that none of the BCH malleability fix proposals seek to fundamentally undermine Bitcoin's tried and true security model.

The only reason bitmain etc do not like segwit is that it blocks their use of covert asicboost

smh. That's just stupid. I've already stated the reasons. The so-called 'asicboost advantage' is lost in the noise. To the extent that it is actually employed, for which there is no evidence for its widespread use.

there is a block explorer here with blocks found using overt asicboost https://asicboost.dance

Ooooh! Scaaaary! a total of.... nine blocks!

There is no evidence of covert being used maybe because it's covert and it's hidden

Overt is new and currently only supported my the new halong miners and a couple of pools so no there won't be a huge amount of blocks

With segwit you have the option to use the same security model that Bitcoin has used for the last 9 years but with one of the proposed BCH fixes this would completely change the security model for a new system and you would not be able to use the one Bitcoin has used for the last 9 years

[hv_]

Bitcoincash, the technology development of this coin is worth looking forward to. Maybe one day it will go beyond bitcoin.

Bitcoin Cash is already beyond

And no, (SW+LN+1MB+noHF+UASF+....)  is not needed at all and is only tech dept injected into already very complicated protocol code base for orig Bitcoin.

Bitcoin Cash is about to make things rather easier for all, Coder, Merchants, Miners, Users.

[jbreher]

One of the proposed malleability fixes for BCH moves the signature out of the transaction area the exact same way as segwit

Not exact but in a similar manner. In that the signature would be divorced from the transaction data. No more so.

with the only difference being that on BCH it's just moved permanently

Only difference? Au contraire, my undiscerning friend. The major difference is that none of the BCH malleability fix proposals seek to fundamentally undermine Bitcoin's tried and true security model.

The only reason bitmain etc do not like segwit is that it blocks their use of covert asicboost

smh. That's just stupid. I've already stated the reasons. The so-called 'asicboost advantage' is lost in the noise. To the extent that it is actually employed, for which there is no evidence for its widespread use.

there is a block explorer here with blocks found using overt asicboost https://asicboost.dance

Ooooh! Scaaaary! a total of.... nine blocks!

There is no evidence of covert being used maybe because it's covert and it's hidden

So... just trust you that it is widespread? Let alone a significant reason for the adoption of BCH? Sorry, no.

Overt is new and currently only supported my the new halong miners

False and False.

With segwit you have the option to use the same security model that Bitcoin has used for the last 9 years

Deluded much? Every segwit transaction relies on a gentlemans' handshake between the miners to interpret what is inherently an anyonecanspend transaction as anything other than an anyonecanspend transaction. Strike number one. Further, segwit removes the necessity for miners to validate all signatures in blocks they build atop in order to make an otherwise-valid block. Strike number two. Further yet, segwit removes the incentive for miners to check the validity of signatures, as that would consume time they might more profitably be spending mining. Strike three - you're out.

but with one of the proposed BCH fixes this would completely change the security model for a new system and you would not be able to use the one Bitcoin has used for the last 9 years

Tell me which proposed BCH 'fix' and in what manner it changes the Bitcoin security model.