ANNOUNCEMENTS and DISCUSSING

[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
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October 23, 2018, 02:10:32 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
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Author Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees  (Read 609954 times)
adaseb
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October 21, 2018, 06:49:45 AM
 #16721

I've been out of the loop for the last few months so can someone sum up exactly what is going on with Bitcoin Cash in November.

Basically I've seen that it was about to get listed on Gemini and then on their blog they are holding off on adding it due to some controversial upcoming fork.

I've tried reading the last few pages here and on the r/btc Reddit but there isn't much info.

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October 21, 2018, 03:05:56 PM
 #16722

Science inside Bitcoin

https://youtu.be/eUSXZkbVeu4

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
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October 21, 2018, 03:10:44 PM
 #16723

I've been out of the loop for the last few months so can someone sum up exactly what is going on with Bitcoin Cash in November.

Basically I've seen that it was about to get listed on Gemini and then on their blog they are holding off on adding it due to some controversial upcoming fork.

I've tried reading the last few pages here and on the r/btc Reddit but there isn't much info.


Sum up was some devs want to change again the basic cash function and decorate the base protocol with stuff around despite doing pure scaling work, like refactoring and removing code.

But we hear that a hash fight will clear that one on economical way and no persistant fork should stay longer.

Gemini will take a step back until that is done.

Grap your popcorn.

https://www.reddit.com/r/btc/comments/9aop6v/theres_not_going_to_be_a_chain_split_in_november

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
dkbit98
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October 21, 2018, 08:35:56 PM
 #16724

Is this BitcoinSV satoshi vison  a scam coin?
Maybe they meant Faketoshi....

https://bitcointalk.org/index.php?topic=4985868.0

SynchrotronCoinDev
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October 21, 2018, 08:46:11 PM
 #16725

very good bitcoin fork !
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October 21, 2018, 09:37:10 PM
 #16726

Always good to follow these guys


https://www.cashpay.solutions

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
Globb0
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This is the greatest show!


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October 21, 2018, 10:17:19 PM
 #16727

The new fork is called bitcoin money.

it is the 1 true bitcoin.

satoshis vision was bitcoin money, he said once in 1986

The drugs don't work, they just make it less worse
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October 22, 2018, 04:20:27 AM
 #16728

No moon yet?

Anyway... I still have some Bcash because of reasons. Heard its gonna fork or something.... Which one will be the real Bcash? Will both be supported by hardware wallets and exchanges?

Someone should shed some light over this very important concerns.

Is the cat alive, or is it dead?

No - not you. Schrodinger's.

::le sigh:: It really was meant to be helpful, @bitserve.

The only possible answer is: we do not yet know.

You could pick a side, and advocate for it. This may set yourself up for success. But if you do so, you can expect to be ostracized from the Kool Kids Klub over at WO.

whatevs

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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October 22, 2018, 06:32:30 AM
 #16729

The new fork is called bitcoin money.

it is the 1 true bitcoin.

satoshis vision was bitcoin money, he said once in 1986

It doesn't matter what single person say,

it matters what masses are using

and what masses will read and interpret what thing they understand and use ( read the WP  - then take a compliance / risk officer hat ).

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
presduterte
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October 22, 2018, 09:53:46 AM
 #16730

1 blockchain = 1 ticker, not 2

Let me help you with that. Elementary topology:

Code:
       /-----C
G======
       \-----S

Initially one chain. Then split. Now two chains. Both trace back to the satoshi genesis block. 2009 Jan 03. Both.


Right I understand that BCH forked from BTC, that's pretty obvious, thanks for your unnecessary condescension, but it has its own blockchain and its own ticker. If its blockchain was the same as bitcoin, then why can't you spend bitcoin on it and vice versa?

There is bitcoin and then there is an altcoin pretending to be bitcoin which is constantly falling in price relative to bitcoin.

https://i.imgur.com/sMULymu.png

You're welcome.
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October 22, 2018, 10:23:03 AM
 #16731

The new fork is called bitcoin money.

it is the 1 true bitcoin.

satoshis vision was bitcoin money, he said once in 1986

Bitcoin fiat sounds money impressive everyone convert his coins into fiat to buy some stuff. I think more forks will create big confusion and people will lose their money with attractive names.

W12.io












Blockchain       
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October 22, 2018, 03:55:09 PM
 #16732

Nice - someone like to photoshop it greenish?



It MUST run onchain with lowest fees for all ppl...

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
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October 22, 2018, 07:21:22 PM
 #16733

New killer app arrived

https://www.yours.org/content/introduction-to-hivr--more-than-just-another-bitcoin-cash-social-media-b2e3d84aaa60

Carpe diem  -  cut the down side  -  be anti-fragile - don't dillute Bitcoin!
Memo: 1AHUYNJKPfY7PjVK1hNQFo5LrdGixuiybw
The simple way is the genius way - in Moore and Satoshi we trust.
Last of the V8s
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October 22, 2018, 07:23:20 PM
 #16734


I do not accept segwit outputs as payment, nor send them.
~14 easy tricks to save your bitcoin http://trilema.com/2013/how-to-airgap-a-practical-guide/ The auditable hardware RNG http://nosuchlabs.com/
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October 22, 2018, 08:31:24 PM
 #16735

Quote
If its blockchain was the same as bitcoin, then why can't you spend bitcoin on it?

You can.

You're welcome.

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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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN


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October 22, 2018, 08:32:08 PM
 #16736

  Hello Bitcoin Cash community! That's what Roger Ver wrote...  https://twitter.com/rogerkver/status/1054440959470067716
Inflation, 2018.

Venezuela: 200,000%
Argentina: 34%
Turkey: 24%
Iran: 24%
Ethiopia: 12%
Nigeria: 11%
Philippines: 6.7%
Pakistan: 5.1%
Mexico: 4.9%
Brazil: 4.5%
Bitcoin Cash 4.2%  Undecided Huh

  P.S. So is it really? You agree with this or you have a different opinion...?

﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
≈ WORLD POWER PRODUCTION ≈

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Bitcoin Cash - Peer-to-Peer Electronic Cash

The Best Money in the World

Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.

All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash. All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.

Fast

Transact in seconds. Get confirmed in minutes.

Reliable

A network that runs without congestion.

Low Fees

Send money globally for pennies.

Simple

Easy to use. No hassles.

Stable

A payment system that's a proven store of value.

Secure

World's most robust blockchain technology.

November 15th, 2018
Planned Network Upgrade

The Bitcoin Cash network will undergo a protocol upgrade. Businesses and individuals who use the Bitcoin Cash network should check to ensure that their software is compatible with the upgrade.

Nodes

Frequently Asked Questions

What is Bitcoin Cash?

Bitcoin Cash is a peer-to-peer electronic cash system. It's a permissionless, decentralized cryptocurrency that requires no trusted third parties and no central bank.

Is Bitcoin Cash different from 'Bitcoin'?

In 2017, the Bitcoin project and its community split in two. Perhaps the least controversial way to refer to each side is simply by their respective ticker symbols, BTC and BCH. Bitcoin Cash is usually represented by the BCH ticker symbol and is considered by its supporters to be the legitimate continuation of the Bitcoin project as peer-to-peer digital cash.

Why Use Bitcoin Cash?

Send Money Anywhere In the World, Almost for Free

With Bitcoin Cash, you can send money to anyone, anywhere in the world, 24 hours a day, 365 days a year. Like the Internet itself, the network is always on. No transaction is too big or too small. And you never need anyone’s permission or approval.

Be Your Own Bank and Have Full Control Over Your Money

The seizing of capital from account holders (“bail-ins”) that occurred in Cyprus and nearly in Greece, demonstrated that bank deposits are only as safe as political leaders decide. Even under the best of conditions, banks can make mistakes, hold funds, freeze accounts, and otherwise prevent you from accessing your own money.

Banks can also decide to block your transactions, charge you fees, or close your account without warning. Bitcoin Cash gives you full, sovereign control over your funds, which you can access from anywhere in the world.

A Scarce Digital Currency with a Known Fixed Supply

The Bitcoin Cash protocol ensures there will never be more than 21 million coins in existence. Governments continually print money, endlessly inflating the supply and devaluing everyone’s savings. Bitcoin Cash has a fixed supply and therefore represents sound money.

Increase Your Privacy and Operate Anonymously

Bitcoin Cash offers more privacy and anonymity than traditional payment systems like bank transfers and credit card payments, since it's normally impossible to know who controls a Bitcoin address.

Bitcoin Cash offers various levels of privacy depending on how it is used. It's important to educate yourself thoroughly before using BCH for privacy purposes.

Enjoy Exclusive Discounts

Many merchants offer discounts for paying in Bitcoin Cash, because it eliminates credit card fees and helps grow the adoption of this new payment system.

Support Freedom Worldwide

Bitcoin Cash is a permissionless, open network. It empowers you to engage with your fellow human beings without intrusion. It's decentralized, voluntary, and non-aggressive. As usage grows, old power structures will erode while fresh ideas blossom. It may help usher in the greatest peaceful revolution the world has ever known.

Benefits for Merchants

Ultra Low Fees

The network fee for a typical Bitcoin Cash transaction is less than one penny. If you want to convert your BCH into fiat currency, such as US dollars, you can do that through merchant processors for a cost that is still much lower than credit card processing.

No Chargebacks

Unlike credit cards, there are never any automatic voids, refunds, chargebacks, or other unexpected fees. Fraud protection is built into the system with no cost to the merchant.

New Customers

A growing number of patrons are choosing Bitcoin Cash as a preferred payment method. They favor merchants who offer this payment option and actively seek them out.

Free Marketing and Press

By accepting Bitcoin Cash, merchants can gain free listings in website and app directories, gaining even more customers. They can also take advantage of this new trend and generate press for their business.

The History of Bitcoin Cash

In October 2008, Satoshi Nakamoto published the famous whitepaper entitled “Bitcoin: A Peer to Peer Electronic Cash System”. In 2009, he released the first bitcoin software that powered the network, and it operated smoothly for several years with low fees, and fast, reliable transactions.

Unfortunately, from 2016 to 2017, Bitcoin became increasingly unreliable and expensive. This was because the community could not reach consensus on increasing the network capacity. Some of the developers did not understand and agree with Satoshi's plan. Instead, they preferred Bitcoin become a settlement layer.

By 2017, Bitcoin dominance had plummeted from 95% to as low as 40% as a direct result of the usability problems. Fortunately, a large portion of the Bitcoin community, including developers, investors, users, and businesses, still believed in the original vision of Bitcoin -- a low fee, peer to peer electronic cash system that could be used by all the people of the world.

On August 1st, 2017, we took the logical step of increasing the maximum block size, and Bitcoin Cash was born. Anyone who held Bitcoin at that time (block 478558) became an owner of Bitcoin Cash (BCH). The network now supports up to 32MB blocks with ongoing research to allow massive future increases.

Decentralized Development

With multiple independent teams of developers providing software implementations, the future is secure. Bitcoin Cash is resistant to political and social attacks on protocol development. No single group or project can control it. Multiple implementations also provides redundancy to ensure that the network retains 100% uptime.

The bitcoin-ml mailing list is a good venue for making proposals for changes that require coordination across development teams. Workgroups have been set up to assist developers to coordinate and seek peer-review. For those wishing to implement changes to the Bitcoin Cash protocol, it is recommended to seek early peer-review and engage collaboratively with other developers through the workgroups.

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