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Author Topic: 🔥 BITCOlN CASH JUST MINED FIRST EVER 8MB BLOCK!!!! 🔥  (Read 2266 times)
xskl0 (OP)
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August 16, 2017, 03:35:33 PM
Last edit: August 16, 2017, 04:19:26 PM by xskl0
 #1

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814









Now there is no doubt that BCH is the real Bitcoin!




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August 16, 2017, 03:51:59 PM
 #2

why are you posting here about alts imbecile?
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August 16, 2017, 04:09:28 PM
 #3

-snip-
Now there is no doubt that BCH is the real Bitcoin!
The real Bitcoin is the one which the community chooses (based on nodes and total network hashpower) and is not related to current block size in any shape or form.

On a side node, watch as the number of nodes shrinks significantly in a year. So much for trustless & decentralized.
xskl0 (OP)
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August 16, 2017, 04:15:24 PM
 #4

why are you posting here about alts imbecile?
Because is an alt with a lot of potential 😂

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August 16, 2017, 04:54:11 PM
 #5

This was the main purpose of Bitcoin Cash wasn't it? To be able to fit in more transactions in one single block and ease the blockade of transaction massing up. Good to see its finally happening and expect a rise in prices due to this alone.
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August 16, 2017, 04:55:50 PM
 #6

I'm going to dump all of mine as soon as I feel the time is right. I'm not serious about holding BCH.

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August 16, 2017, 05:39:30 PM
 #7

Huge news. Bitcoin Cash is superior to btc in every way. Confident it will be the winner soon.

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August 16, 2017, 05:41:37 PM
 #8

-snip-
Now there is no doubt that BCH is the real Bitcoin!
The real Bitcoin is the one which the community chooses (based on nodes and total network hashpower) and is not related to current block size in any shape or form.

On a side node, watch as the number of nodes shrinks significantly in a year. So much for trustless & decentralized.

There's a lot of truth in this statement; no judging, no name calling, and no statements with all capitalizations.  Bitcoin Cash may win out; but the last few weeks doesn't prove that out.  It'd be foolish to ignore BCH but right now my money is on BTC.

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August 16, 2017, 06:11:05 PM
 #9

Bitcoin had way more MB/h since it was faster mined.
Cash can be attacked since difficulty dropped down pretty hard.

3ADZdEawDgfhcHaXzZorX1aVxv7s2Ppv9e (beer BTC)
xskl0 (OP)
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August 16, 2017, 08:29:46 PM
 #10

I'm going to dump all of mine as soon as I feel the time is right. I'm not serious about holding BCH.
It's a respectable decision but I think that implies a considerable risk. Bitcoin was invented to have more freedom, we can't depend of exchanges to make 'Lightning' transactions, we already have paypal to do it, the Bitcoin idea is about other things

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August 16, 2017, 08:59:29 PM
 #11

^^^^^ This guy gets it. Bitcoin would be pointless if everyone were forced off-chain.


Lightning network is just a fancy name for communism.
yep

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August 16, 2017, 09:05:24 PM
 #12

Dumper alert. Sorry to you mister but this is so sound bullish if you may ask me because you are just straight hyping this BCH, it is called Bitcoin Cash for a reason because it is not 'Bitcoin' what is the essence of mining a 8MB block, is it the categorization now of being the true crypto currency?

But again who am I to tell the last word, maybe you are right and maybe not, we all need to do now is just wait.



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August 16, 2017, 09:06:26 PM
 #13

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814

Some people would say that BCH has a scaling problem. Even 8 MB blocks don't seem to be enough.  Tongue
Where can you draw the line?


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xskl0 (OP)
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August 16, 2017, 09:12:40 PM
Last edit: August 16, 2017, 09:30:30 PM by xskl0
 #14

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814

Some people would say that BCH has a scaling problem. Even 8 MB blocks don't seem to be enough.  Tongue
Where can you draw the line?
Blocks of 8 are enough for a long time but Bitcoin Cash recived a spam attack from some Segwitt supporters
Found the limit is like try to predict how many bytes will have a pendrive in the future. Technology is every year better and Satoshi said once that this will not a big problem.

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August 16, 2017, 09:29:59 PM
 #15

Cooooool.

Even though it does look like a spam attack. Perhaps those with bitcoin core had to many inputs/dusts and when those transact the same in bitcoin cash, there is a sudden one off increase in txs.

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August 16, 2017, 10:11:57 PM
 #16

And nothing bad happened, right? So much about the danger of bigger blocks...
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August 16, 2017, 10:24:23 PM
 #17

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814

Need to list how long the block took to mine to give a better metric of transactions per second.

It is possible that describing crypto transaction speeds as a "scaling issue" is an incorrect way to define the problem.

Encrypted WIFI modems/routers aren't the ideal choice for gaming. That may be no more a "scaling issue" than crypto's transaction limits.

It might be more fair to say its merely a case of default overhead and processing requirements that comes with crypto functions being built into things like WIFI/bitcoin.
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August 16, 2017, 10:40:31 PM
 #18

https://blockchair.com/bitcoin-cash/block/479469
Number of transactions of this block: 37,814

Need to list how long the block took to mine to give a better metric of transactions per second.

It is possible that describing crypto transaction speeds as a "scaling issue" is an incorrect way to define the problem.

Encrypted WIFI modems/routers aren't the ideal choice for gaming. That may be no more a "scaling issue" than crypto's transaction limits.

It might be more fair to say its merely a case of default overhead and processing requirements that comes with crypto functions being built into things like WIFI/bitcoin.

I'm sure someone will do a article on it. How long it took to propagate is another factor.

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August 16, 2017, 10:54:13 PM
 #19

why are you posting here about alts imbecile?
Because is an alt with a lot of potential 😂
But there's a dedicated alt coin forum where you can discuss your shitcoin.

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August 16, 2017, 11:05:59 PM
 #20

I would rather say that BCH is an altcoin with a good potential. The real bitcoin is what the people have chosen already. 91% of the miners signaled for bitcoin so it really doesn't matter what rest 9% will say. majority always wins and majority is sticking around the real bitcoin whose price is setting up a new world record every single day.

You can certainly discuss about BCH in the altcoins section of the forum. Just for your information I have given the link below:

https://bitcointalk.org/index.php?board=67.0

Thanks!

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