hv_
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Activity: 2506
Merit: 1055
Clean Code and Scale
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May 21, 2018, 12:32:23 PM |
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With the new fork, the blocks are at 32 MB now. Does that mean that the Bitcoin cash blockchain is increasing of 4.6 GO everyday? Seems a bit exponential, no?
The idea is to have planned space and capacity for a high adoption rate to never ever run into congestion issues or 'please wait 18months' / our bank is under construction-> use PayPal, or similar crap that happens to other chains in the room. Micropayments are welcome, so are all unbanked and bad fiat suffering regions on the planet. Asset pegging is a thing. Cheap mixing / privacy needs decent capacity. Decentralized blogging, content offering, logistics,... Did I miss sth? I m sure other things will come into BCH as well, since community is not the 'NOxx' / 'boycott xx' / 'trolling all other chains', 'wait for lambo' one - rather freedom of choice and build up good things. > thx OP ! |
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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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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European Central Bank
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Activity: 1288
Merit: 1087
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May 21, 2018, 12:35:43 PM |
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With the new fork, the blocks are at 32 MB now. Does that mean that the Bitcoin cash blockchain is increasing of 4.6 GO everyday? Seems a bit exponential, no?
nope. that's the theoretical maximum and you need real users doing real transactions to reach it. there's no way bitcoin itself gets within 10% of that turnover, let alone a fork that's less known and less used. at the moment blocks are often less than 0.1mb so blockchain growth is small. i'd love to know how a maxed out chain would pan out but i'm not sure we'll ever find out. |
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buriks
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May 21, 2018, 01:28:33 PM |
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Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k. Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again. Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL  yes, there is no doubt to hold BCH let's save to buy it  |
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European Central Bank
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Activity: 1288
Merit: 1087
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May 21, 2018, 01:31:42 PM |
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Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.
yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage. |
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smartofgiving
Newbie
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Activity: 43
Merit: 0
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May 21, 2018, 01:41:33 PM |
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I’m continuing to hold BCH..
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Hindafing
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Activity: 178
Merit: 16
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May 21, 2018, 01:53:56 PM |
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The Bitcoin Cash fork is over and everything looks very good and promissing. Now we can go back to business and bring this baby on the way to the moon. Bitcoin Cash will be big this year.
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pawel7777
Legendary
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Activity: 2436
Merit: 1560
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May 21, 2018, 02:08:46 PM |
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Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.
yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage. Anyone could spam the network with large-sized 1 sat fee transactions at relatively low cost to prove/disprove the problems of having 32mb blocks. |
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nick1492
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May 21, 2018, 02:46:40 PM |
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Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k. Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again. Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL yes, there is no doubt to hold BCH let's save to buy it What BCH now is infrastructure. Coin usage. Institutions that are using the coin. BTC may rise and rise this year, BCH will be pump and dump. But if BCH works continuously with its target market application, that's the time, BCH can redeem itself and become side by side with BTC on top of the coin exchange. |
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axlroses
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May 21, 2018, 03:04:50 PM |
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Please up again bitcoin cash,
Almost all cryptocurrencies in red zone, like Bitcoin price is standing at $8492 and ATH price was around $20k. Bitcoin Cash will be boom again very soon, just few interesting news will be publish then it's price will be upward again. Purse.io going to help bitcoin cash to make it huge and big again.. Buy And #HODL yes, there is no doubt to hold BCH let's save to buy it What BCH now is infrastructure. Coin usage. Institutions that are using the coin. BTC may rise and rise this year, BCH will be pump and dump. But if BCH works continuously with its target market application, that's the time, BCH can redeem itself and become side by side with BTC on top of the coin exchange. I think Bch and Btc will continue to co-exist because now only Bch can compete Btc's popularity is just my opinion, maybe I will monitor Bch to find the best price so I can buy it and I forget for one year  . |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 21, 2018, 03:33:01 PM |
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Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.
yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage. Extravagant? More like significant. Problems? Certainly none as large as $50 transaction fees and week-long settlements. |
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.
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hv_
Legendary
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Activity: 2506
Merit: 1055
Clean Code and Scale
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May 21, 2018, 03:38:11 PM |
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Ok I see. So the chain is only increasing of the actual size of the blocks an not the theoritical 32MB size.
yep. they've got the luxury of making extravagant claims while not having to deal with the problems they'd bring from maximum usage. Anyone could spam the network with large-sized 1 sat fee transactions at relatively low cost to prove/disprove the problems of having 32mb blocks. Guess what? You are invited to do so! Guess what else? Miners will be happy to define what spam really is, at their acceptance levels. Im sure you ll help a lot beeing the first filling it up! |
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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lsd400
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Activity: 189
Merit: 12
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May 21, 2018, 05:57:33 PM |
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So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.
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OWZ1337
Member
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Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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May 21, 2018, 08:30:57 PM |
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So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.
old bitcoin feature already live ~ sorry to break it to ya lol |
I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™ |
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hv_
Legendary
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Activity: 2506
Merit: 1055
Clean Code and Scale
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May 21, 2018, 09:31:05 PM |
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So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.
old bitcoin feature already live ~ sorry to break it to ya lol Cheap fees, no limits and high adoption, yep. Feels 2012! |
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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OWZ1337
Member
Offline
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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May 22, 2018, 01:02:08 AM |
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So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.
old bitcoin feature already live ~ sorry to break it to ya lol Cheap fees, no limits and high adoption, yep. Feels 2012! no one wants chinese copys of bitcoin ~ BTI is the original BTC fork(*circa 2014) ~ nothing you can say will ever change this fact!! look its starting to pump too ===> BTI/BTC : +11.06% https://freiexchange.com/market/BTI/BTC |
I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™ |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 22, 2018, 01:43:05 AM |
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look its starting to pump too ===> BTI/BTC : +11.06%
Mmmm hmmm... mmm hmm. On a 24 hour volume of 0.00577 BTC. NeilDeGrasseTysonLookOutWereDealingWithABadassOverHere.png  |
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.
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OWZ1337
Member
Offline
Activity: 140
Merit: 17
BITCOIN===>THE DISRUPTIVE CYBERCURRENCY
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May 22, 2018, 03:01:59 AM |
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look its starting to pump too ===> BTI/BTC : +11.06%
Mmmm hmmm... mmm hmm. On a 24 hour volume of 0.00577 BTC. NeilDeGrasseTysonLookOutWereDealingWithABadassOverHere.png proof of organic~from the earth our revolt shall grow #0ccupy BTCitcoin |
I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! weee™ |
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hv_
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Activity: 2506
Merit: 1055
Clean Code and Scale
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May 22, 2018, 08:10:57 AM
Last edit: May 22, 2018, 09:16:07 AM by hv_ |
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So much news on HK conference I this tokenizing is really cool. Not sure all those altcoins would survive once BCH start deploying it.
old bitcoin feature already live ~ sorry to break it to ya lol Cheap fees, no limits and high adoption, yep. Feels 2012! no one wants chinese copys of bitcoin ~ BTI is the original BTC fork(*circa 2014) ~ nothing you can say will ever change this fact!! Sure/s Thats why you found some inner, aching pressure to post that for all who doesnt need it, make sense... Lol https://www.cnbc.com/2018/05/21/crypto-investor-brian-kelly-makes-the-case-for-bitcoin-cash.html |
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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neutraLTC
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Activity: 1492
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May 22, 2018, 08:33:18 AM |
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hey OP any chance you can add the blockchain explorer BCH.BTC.com to your blockexplorer list? Thanks !
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addicto
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Activity: 1526
Merit: 1012
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May 22, 2018, 01:14:02 PM |
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I have special offer for bitcoin community send me only 1 BTC and in return you will get 2 BCH on this Bitcoin Pizza day. If you have strong believe in future of BCH than giveaway your BTC to other people and start collecting BCH on this previous day.
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