• Breaking News

    Tuesday, November 28, 2017

    Home Unlabelled BTC Bitcoin ABC - Medium Term Development Plan

    BTC Bitcoin ABC - Medium Term Development Plan

    November 28, 2017

    BTC Bitcoin ABC - Medium Term Development Plan

    Bitcoin ABC - Medium Term Development Plan

    Posted: 27 Nov 2017 07:58 PM PST

    From: https://www.bitcoinabc.org/bitcoin-abc-medium-term-development

    The purpose of this statement is to communicate the Bitcoin ABC project's plans for the medium-term future (next 6-12 months).

    Bitcoin ABC developers have been collaborating and communicating with developers and representatives from several projects, including Bitcoin Unlimited, Bitprim, nChain, Bitcrust, ElectrumX, Parity, and Bitcoin XT. Although these are independent projects, each with their own development processes and priorities, we share a common vision for advancing Bitcoin Cash. While we can only speak for ourselves, plans for Bitcoin ABC align with this shared vision.

    Our top priority for Bitcoin Cash is to keep improving it as a great form of money. We want to make it more reliable, more scalable, with low fees and ready for rapid growth. It should "just work", without complications or hassles. It should be ready for global adoption by mainstream users, and provide a solid foundation that businesses can rely on.

    A secondary goal is to enable enhanced features, when it is safe to do so. We can facilitate use-cases such as timestamping, representative tokens, and more complex transaction scripting, when these features do not detract from the primary money function.

    The next steps we plan to take are:

    1. We will schedule a protocol upgrade when Median Time Past reaches timestamp 1526400000 (May 15, 2018), and a subsequent upgrade for 6-months later when Median Time Past reaches 1542300000 (November 15, 2018).
    2. We will finalize the code and features to be included in the upgrade by three months prior to the upgrade (Feb 15, 2018).
    3. Some of the features tentatively planned for the next upgrade are:
      • Increase default block-size limit, and move towards adaptive block size limit
      • Move toward canonical transaction order, perhaps removing transaction ordering consensus rule as a first step.
      • Improved Difficulty Adjustment Algorithm
      • Re-activate some deactivated Opcodes, and move toward adding protocol extension points to facilitate future Opcode upgrades Note that the specifics which features will be included is dependent on further discussion, implementation, and testing.

    For anyone interested in seeing these features (or others) in Bitcoin Cash, now is the time to step up and work on them. The protocol upgrades will need solid implementation, with lots of time for review and testing. We do not want to be in a position where people push for last-minute changes to be included in the protocol upgrade. We need to be proactive.

    Working together, we will make Bitcoin Cash the best money the world has ever seen.

    The Bitcoin ABC Project

    submitted by /u/Mengerian
    [link] [comments]

    Fun Fact: Bitcoin.com is adding over 10,000 new users per day and all of them are getting Bitcoin Cash wallets.

    Posted: 27 Nov 2017 03:23 PM PST

    Bitfinex employee admits that Tethers are not actually backed by USD

    Posted: 27 Nov 2017 07:18 PM PST

    British style pub Good Heavens in Shimokitazawa (Tokyo) now accepts Bitcoin Cash

    Posted: 27 Nov 2017 08:11 PM PST

    An apology

    Posted: 27 Nov 2017 12:28 PM PST

    We need to say it proudly. I support Bitcoin Cash.

    Posted: 27 Nov 2017 05:25 PM PST

    The trolls want to say we're sockpuppets. Let's show them otherwise. Roger, Jihan, and a small handful of public people are fighting for us every day, on camera. Its time more of us step up and show our face.

    I'll start.. I hope more of you will join in.

    https://www.youtube.com/watch?v=8zFz4YXbp3E

    submitted by /u/discoltk
    [link] [comments]

    Bitcoin Cash supporters are quick to distance themselves from the crippled BTC chain and explain the differences to anyone who asks. The troll narrative that we're trying to trick people into believing they're the same is ridiculous.

    Posted: 27 Nov 2017 03:10 PM PST

    The current paid social media campaign against Bitcoin Cash is that BCH is attempting to fool unsuspecting noobs by 'spoofing' the bitcoin name and not clarifying the existence of 2 separate chains. Anyone who is watching this space knows this is not even remotely close to reality. Bitcoin Cash supporters are on a mission to explain why the two chains are different and why Bitcoin Cash is superior. We have made clear distinctions with the naming conventions for the other chain (Bitcoin Core, Legacy Bitcoin, Bitcoin Segwit, etc) to clearly articulate the differences.

    When we say "Bitcoin Cash is Bitcoin" we are referring to the fact that Bitcoin Cash is, by definition, Bitcoin as outlined in the white paper. Bitcoin Segwit can no longer be called Bitcoin by this same definition due to the inclusion of Segwit which drastically alters many of the fundamental principles and mechanics upon which it was built. We are saying "Bitcoin Cash is Bitcoin as defined in the white paper." We are not saying "BCH is BTC" which is how the minions are framing it.

    Tldr: bCore trolls implying that the phrase "Bitcoin Cash is Bitcoin" is trying to say "BCH is BTC." This is false. The translation of "Bitcoin Cash is Bitcoin" is "Bitcoin Cash follows the original design and scaling methods as laid out by Satoshi Nakamoto in the Bitcoin white paper and is therefore, by definition, Bitcoin." The same cannot be said about post-Segwit BTC.

    submitted by /u/myotherone123
    [link] [comments]

    Bitfinex just announced that Tethers are not coming from USD purchases, but Crypto purchases.

    Posted: 27 Nov 2017 07:25 PM PST

    Bitcoin ABC - Medium Term Development Plan

    Posted: 27 Nov 2017 08:46 PM PST

    Please vote for bcash to be renamed bitcoin cash on BTCMarkets.com

    Posted: 27 Nov 2017 03:06 PM PST

    BTC markets currently displays bitcoin cash by the incorrect name "bcash" please vote and help change this!

    https://btcmarkets.uservoice.com/forums/209907-general/suggestions/31213837-change-bcash-to-bitcoin-cash

    submitted by /u/CronkDocker
    [link] [comments]

    Bot attack against r/bitcoin was allegedly perpetrated by its own moderator and Blockstream’s Greg Maxwell | CoinGeek

    Posted: 27 Nov 2017 05:51 AM PST

    "BCH is adding what was removed from Bitcoin and returning it to be all Bitcoin was designed to be. This is the simple path. SegWit, Sidechains, a broken and not working Lightning system, that is what is complex and waste. Welcome to the future, BCH"

    Posted: 28 Nov 2017 12:57 AM PST

    Bitcoin cash "name confusion" is a lie

    Posted: 27 Nov 2017 01:05 PM PST

    There isn't a real life example of a new investor buying bitcoin cash thinking it was bitcoin. Not a single one. Everyone knows they are two different coins. Even beginners.

    submitted by /u/jonald_fyookball
    [link] [comments]

    Reminder: Bitcoin Core should always be referred to as Bitcoin Core or BCore to avoid confusion among new bitcoin users. Bitcoin has already split into two different chains on 08/01/2017

    Posted: 28 Nov 2017 12:14 AM PST

    Trolls/BCH haters

    Posted: 28 Nov 2017 12:42 AM PST

    There's just something about these Bitcoin core fanboys or paid shills that spam and Bitcoin cash forums or Roger Ver video with hate that makes me more confident that I'm on the right side.

    I don't know, is it just me, or does the consistent comments like "Roger Ver is a scam artist" or "shitcoin" or "Bcash" etc. etc. just seem inauthentic and fake?

    I just have a sense theres no authenticity to those accounts that say that.

    submitted by /u/jordan2324
    [link] [comments]

    Bitcoin Cash being promoted on the Rubin Report! [500k subs]

    Posted: 27 Nov 2017 09:54 AM PST

    We now accept Bitcoin Cash - RocketResponder

    Posted: 27 Nov 2017 10:49 AM PST

    Bitstamp Not Deterred by Bitcoin Cash Haters - Bitstamp to start Bitcoin Cash trading pairs in the first week of December

    Posted: 27 Nov 2017 07:04 AM PST

    Actually shocked at how stupid, non-sensible and smug the BTC community is.

    Posted: 27 Nov 2017 06:46 PM PST

    https://btcmarkets.uservoice.com/forums/209907-general/suggestions/31213837-change-bcash-to-bitcoin-cash

    Look at the pure idiocy in their arguments "if bcash is to be called bitcoin cash, litecoin should also be called bitcoin cash" what the fuck? how does that even make sense, Bitcoin Cash was the chosen name, as is Bitcoin Gold, the fact they seem to be targeting Bitcoin Cash so obviously tells me that they are threatened and scared.

    -edit they have actually attempted a counter vote campaign.

    https://btcmarkets.uservoice.com/forums/209907-general/suggestions/32401942-keep-bcash-named-bcash

    submitted by /u/CronkDocker
    [link] [comments]

    Tether made an invalid tx of 14,999,9000 OMNI

    Posted: 27 Nov 2017 04:45 PM PST

    Reminder: If someone calls Bitcoin Cash 'Bcash', don't react emotionally.

    Posted: 27 Nov 2017 07:54 AM PST

    Anger or other emotionally charged reactions will only add fuel to the troll's engine.

    Either ignore, or go with 'No idea what you're talking about'.

    Don't play their game.

    submitted by /u/upekha
    [link] [comments]

    Another $15mil of Tether granted and awaiting confirmation....

    Posted: 27 Nov 2017 04:23 PM PST

    Found someone spreading the good word

    Posted: 27 Nov 2017 10:12 AM PST

    Ridiculous fees by bitcoin segwit (green address to Samurai) Am i using segwit wrong?

    Posted: 27 Nov 2017 07:24 PM PST

    PSA 8TB of hard drive space would last 19 years with full 8mb blocks.

    Posted: 28 Nov 2017 12:46 AM PST

    Thats $300 usd of hard drive to support the block chain for 19 years. Apparently that's too expensive for bitcoin core supporters.

    submitted by /u/ConalR
    [link] [comments]
    Read more
    at

    No comments:

    Post a Comment