- 0-conf 200% faster than Visa in under 2 seconds at 99.8% distribution. Safer than Visa who has a 1.2% loss in some areas. Settled in 6 blocks completely not 60 days. Cost of double spend $68,000 USD.
- Bitpay launches updates which will open Bitcoin Cash support to BitPay merchants.
- Ginza Numazuko sushi restaurant accepts bitcoin cash
- Crypto for GoT fans - updated!
- Trace Meyer showed me first hand how elitist Bitcoin Core people are
- That awkard moment when you realise Lightning Network is not the best scaling solution ever
- Converted a client to BCH!
- The public image of BCH on Reddits /r/CryptoCurrency, a first analysis.
- Rick Reacts: Hodling is bullshit; spend-and-replace is what wins the game.
- That didn't take long.
- “The original Bitcoin (now rebranded as Bitcoin Cash) was designed to be BOTH a currency AND a store of value. It functions as both. It‘s a store of value b/c it’s deflationary & has a limited supply. And the market will soon value BCH more than BTC because it is actually usable.”
- Bitcoin Unlimited - Bitcoin Cash edition 1.2.0.1 has just been released
- Supporting vendors who take BCH - The Milk Road coffee shop / u/MrRistretto posted they now accept BCH for purchases. Took a chance on them to support BCH adoption and could not be happier with my purchase.
- CNBC's Fast Money: Buy Bitcoin Cash - Vinny Lingham Remix ✌️��
- Bitcoin tx backlog down to 52k tx's, people can get in the next block for 6 satoshi/byte
- And LN users are already losing their coins
- Coin Check hacked. $570M USD worth of crypto stolen.
- UTXO Commitments for Bitcoin Cash
- 0-Conf New name proposal ideas
- Reminder: Focus on adoption, not the price. The military industrial complex that uses inflation and taxation to impoverish its own population to wage unending wars is what we're fighting with Bitcoin.
- The European Union does not intend to regulate Bitcoin
- Here comes the Bitcoin Cash bank!
- Do the "small blockers" have no crystal ball?
- He should have used Bitcoin Cash
- Gavin vs Vitalik, "Craig wright is probably not Satoshi" Mic drop moment
| Posted: 26 Jan 2018 06:56 PM PST
 | ||
| Bitpay launches updates which will open Bitcoin Cash support to BitPay merchants. Posted: 26 Jan 2018 11:57 AM PST
 | ||
| Ginza Numazuko sushi restaurant accepts bitcoin cash Posted: 26 Jan 2018 10:32 PM PST
 | ||
| Crypto for GoT fans - updated! Posted: 26 Jan 2018 11:27 PM PST
 | ||
| Trace Meyer showed me first hand how elitist Bitcoin Core people are Posted: 26 Jan 2018 02:58 PM PST Last night I went to an event called "Blockchain and Liberty" put on by the Foundation for Economic Education (FEE.org) in Austin, TX. Great time overall, met some really neat people. Presentation/panel topics were broad and included non-monetary uses of the blockchain which were enlightening and fascinating. Speakers included Abhi Dobhal, Caitlin Long, Jeffrey Tucker, Max Borders, Tuur Demeester, and Trace Meyer. Roger Ver was supposed to be there but unfortunately had to back out. The last panel was called "The Future of Bitcoin" and would have been Roger Ver and Trace Meyer (I had never heard of Trace before). Jeffrey Tucker stepped in to represent BCH side arguing that it has to be usable for the common man. He went first and did a fairly good job. Then Trace went on basically a 20 minute rant that was full of ad hominem attacks on the various proponents of increasing the block size, including Gavin Andreesen and some others. He called people stupid. He talked down on anyone concerned by the high transaction fees, saying there is a cost for financial sovereignty and if you can't handle it maybe you shouldn't be in the space. He used the term BCASH, which obviously says a lot about his views. He said everyone should run a full node. That was odd to me. Obviously the common person will not run a full node on either BTC or BCH. Most people don't know how an engine works, let alone how to assemble or fix one, but that doesn't mean they don't know how to drive a car, nor that they shouldn't drive a car. In the Q&A I shared my experience buying Bitcoin for the first time. I bought $30 in December, and the fee was nearly as much to transfer to my wallet. I was shocked. It wasn't this great thing that I heard about for years. That's when I started looking into why the fees were so high, and naturally ended up learning about Bitcoin Cash. I asked him why I should consider BTC after having that experience, and his answer was nothing more than promises about waiting for the Lightning Network. He basically said I should suck it up, buy, and hold. He lived up to the impression the Bitcoin Core crowd gives off online. He was arrogant, rude, and childish. I wish Roger would have been there to stand up to him. Jeffrey Tucker did his best, so gotta give him credit. [link] [comments]  | ||
| That awkard moment when you realise Lightning Network is not the best scaling solution ever Posted: 26 Jan 2018 04:58 PM PST | ||
| Posted: 26 Jan 2018 10:22 PM PST I'm an over-the-counter crypto trader (mostly BTC). A client of mine got pissed off yesterday because he received a lot less BTC than he thought he would get. I gave him the disclaimer ahead of time that I pass on mining fees to clients. And I even told him how much BTC he would actually receive. I guess he didn't read my warning. There is still some risk when trading irreversible crypto for prepaid Moneypaks and gift cards, which are reversible in certain instances ("carders") . So I charge a "vig" for my services and pass on my mining fees. I never used to charge a "mining fee" in 2016 even for a $20 gift card. That seemed petty at the time. Nowadays the mining fees are larger than bank transfer fees and even my vig for "small" transactions. He had me send three different bitcoin transactions to him because he wanted to make sure I wouldn't scam him for a large amount (I'm a reputable trader but I understand that crypto enthusiasts are paranoid, I'm more paranoid than most). I rolled my eyes and thought "this guy doesn't know what he's doing. The mining fees are high now. This is old news. This is the main reason why BTC is down 45%" I didn't want to suggest that he try buying bitcoin cash instead because I have been legit told "bcash, lol" by clients before. I did tell him the day before that I also carried bitcoin cash. Then when the three transactions confirmed to his Cryptopia account, he got upset with me because he ended up with a lot less coin than he expected. I pointed to the txids and said that it cost me almost 0.0015BTC in mining fees at the time to send three different transactions on the bitcoin network. He received a bit over 0.007BTC so it's like the miners took a 20% bite out of his pizza. Without the germs. I did some research and found out cryptopia did accept Bitcoin Cash. They call it BCash though. I let him know. If I sold Bitcoin Cash to him, he could trade it for BTC to buy the obscure shitcoins he wants (I'm assuming that's the reason why he's on Cryptopia in the first place, it's an altcoin casino and he came to me to convert his fiat into btc to trade for alts). 1 sat/byte transactions for BCH. It only costs 0.2% to trade BCH for BTC (no BCH trading pairs on there. And the market sell order price on Cryptopia for BCH/BTC is not much worse than Bittrex, Poloniex, etc. And that new BCH exchange doesn't have many trading pairs yet). So unless he's buying in bulk, it doesn't make sense to buy BTC for alt trading. I do 1-2 BTC bulk purchases at low cost and then use that for day trading, otc trading, etc. I sold him about 85mBCH. The BTC network fees have been surprisingly low tonight at times. But this guy is obviously a novice and he doesn't monitor Johoe's mempool stats like a hawk like I do so it's easier to just sell him BCH and pay the 0.2% trade fee at Cryptopia. It would really be nice to have more BCH trade pairs. BCH is much more suited to the OTC/P2P market than BTC. I tried to register on LocalBitcoinCash.org so that I can openly advertise my BCH services. BTC OTC trading is dying and I see the writing on the wall. But Localbitcoincash's verification email hasn't worked (multiple tries). And I emailed them and they never got back to me. A shame. I can introduce people who don't want to go through KYC hassles to BCH. [link] [comments]  | ||
| The public image of BCH on Reddits /r/CryptoCurrency, a first analysis. Posted: 26 Jan 2018 11:46 PM PST After reading any kind of social media I always had the impression that BCH is not very popular in general and decided to get some data to back up that claim. Therefore I had a bot running (hence my account name) since the beginning of this year which scrapes the top posts at /r/CryptoCurrency/ (I guess one can safely assume that it is a kind of Microcosm for the Crypto scene). The bot scrapes the top 40 posts, every 30 minutes. Furthermore, the posts title and text are evaluated for which currency it is mentioning and a sentiment analysis of the title and text are performed, assigning a score (positive or negative). From that I derive something I call the shill score, being the product of the sentiment analysis factor and the number of votes. Also several other metadata of the posts (number of votes, comments etc.) are scraped. After some time I can conclude: For whatever reason, we are not very popular. There is not a single posts mentioning BCH (positive or negative) at the /r/CryptoCurrency/ front page in the time I had the bot running. I made some plots for the top 50 Cryptos (sorted by Market Cap) comparing the votes and the shill score. You will see that even things Tron or Dentacoin are shilled on this sub, yet BCH is completely missing. Generally, I find this very unlikely due to the size of this sub being one of the largest crypto subs (roughly 170k readers), roughly equal to the size of the Ripple sub. I think only /r/Bitcoin and /r/Ethereum are larger (correct me if I am wrong). There are two possible reasons for this: either we are really, really unpopular (which I find unlikely due to our sub size), or there is some bot army downvoting everything BCH related (these things are really easy to write). I do think that this kind of "popularity" is important because in the end it is (unfortunately) not the best tech winning, but the most used one. How would any newcomer use BCH if he never heard of it, while all the other coins are positively shilled to him. Do with this info whatever you want, I found it an interesting observation. Edit1: Just like that, the first post on the front page about BCH since I have the bot running, but it's a joke about insider trading... Edit2: The purpose of this post was not to say: "BlaBla, this is an attack on BCH, childrish screaming", it was to show that people genuinely do not like BCH. This might not be the reason of shilling or anything but well informed dislike (which is perfectly fine). So basically: We have an image problem (for whatever reason), and should fix it. [link] [comments]  | ||
| Rick Reacts: Hodling is bullshit; spend-and-replace is what wins the game. Posted: 26 Jan 2018 10:15 AM PST
 | ||
| Posted: 26 Jan 2018 05:11 PM PST
 | ||
| Posted: 26 Jan 2018 01:29 PM PST
 | ||
| Bitcoin Unlimited - Bitcoin Cash edition 1.2.0.1 has just been released Posted: 26 Jan 2018 07:07 AM PST Download the latest Bitcoin Cash compatible release of Bitcoin Unlimited (1.2.0.1, January 25, 2018) from:
https://www.bitcoinunlimited.info/download
This is a minor release that brings this notable changes and fixes to the code base:
Release notes: https://github.com/BitcoinUnlimited/BitcoinUnlimited/blob/dev/doc/release-notes/release-notes-bucash1.2.0.1.md
Ubuntu PPA is in the process of being updated. [link] [comments]  | ||
| Posted: 26 Jan 2018 01:20 PM PST
 | ||
| CNBC's Fast Money: Buy Bitcoin Cash - Vinny Lingham Remix ✌️�� Posted: 26 Jan 2018 10:21 AM PST
 | ||
| Bitcoin tx backlog down to 52k tx's, people can get in the next block for 6 satoshi/byte Posted: 27 Jan 2018 01:45 AM PST Bitcoin tx backlog down to 52k tx's, people can get in the next block for 6 satoshi/byte [link] [comments]  | ||
| And LN users are already losing their coins Posted: 26 Jan 2018 05:25 PM PST | ||
| Coin Check hacked. $570M USD worth of crypto stolen. Posted: 26 Jan 2018 06:41 AM PST
 | ||
| UTXO Commitments for Bitcoin Cash Posted: 27 Jan 2018 01:43 AM PST 1.5 years ago I wrote a document named "Bitcoin Onchain Pruning", which is generally the same as known concept of UTXO commitment. This will allow to start a full node (for those who still want it) very quickly, basically omitting the whole history of not relevant used inputs. I think this could be a great addition to Bitcoin Cash, compared to Bitcoin Core. In general, I think this was not implemented in Core version for clear reason, as it will remove the last argument of long time starting a full node. From the recent research I see there is a proposal from Tomas van der Wansem: https://github.com/tomasvdw/bips/blob/master/BIP-UtxoCommitBucket.mediawiki However, this BIP doesn't describe inclusion of hash in blockchain. There was a mention of UTXO commitment in road map as well: https://chrispacia.wordpress.com/2017/09/01/the-bitcoin-cash-roadmap/ For some reason it mentions commitment to be included in each block, which is redundant and worthless for all practical reasons in my opinion. I describe inclusion only periodically and with delay, so that mining nodes can create hash without dedicating too much resources. Just wanted to follow up and discuss with community what are the thoughts and latest progress on this? [link] [comments]  | ||
| 0-Conf New name proposal ideas Posted: 26 Jan 2018 07:45 PM PST The blockstream fork has Lightning, how about we rename 0-conf to something more descriptive for fast/speedy payments? [link] [comments]  | ||
| Posted: 26 Jan 2018 02:47 PM PST
 | ||
| The European Union does not intend to regulate Bitcoin Posted: 26 Jan 2018 05:51 PM PST
 | ||
| Here comes the Bitcoin Cash bank! Posted: 27 Jan 2018 01:26 AM PST It wont be long now, but Craig's long term dream may soon come to fruition with his recent cooperative association with SBI bits. He tried in Australia, but it failed to get off the ground, but this time around he has a lot more support and funds behind him. [link] [comments]  | ||
| Do the "small blockers" have no crystal ball? Posted: 26 Jan 2018 08:17 AM PST We joke about seeing the future, but reasonable people can study a system or proposed system and project its near or medium term future. But what's amazing is that I'm now seeing the small blockers surprised by the effects of the system they've created -- effects that were easily predictable. The latest just hit Reddit where Andreas realizes that KYC/AML is a huge problem for lightning http://bitcoinist.com/coinbase-exchanges-wont-run-lightning-antonopoulos/. I mentioned similar concerns a year ago: "Also, Lightning nodes fit the definition of a money transmitter in the USA leaving a very good chance that they will be only available with "permissioned participation"." And of course the effects of exceeding the block size was projected by many "large blockers" and ignored by small blockers for years. Here's one example: in May 2015 we have analysis by David Hudson and commentary by Gavin Andreson here projecting the effects of a full block:
This "doing nothing productive" sentiment is strangely echoed 3 years later by small-blocker cobrabitcoin: "...Larger blocks do make it harder to run a full node, but large fees are worse and make full nodes impotent participants in the network." https://twitter.com/CobraBitcoin/status/944604688518873098 In that comment CobraBitcoin is directly parroting the philosophy and design tradeoff that founded BU 2 years ago. These are just 2 examples I could find in a few minutes. What other examples are out there? [link] [comments]  | ||
| He should have used Bitcoin Cash Posted: 26 Jan 2018 07:37 AM PST
 | ||
| Gavin vs Vitalik, "Craig wright is probably not Satoshi" Mic drop moment Posted: 27 Jan 2018 12:30 AM PST
 |
![[link]](https://image.ibb.co/dzdWbw/Ginza_BCC_sushi_1_2.jpg){kind=link}
![[link]](https://i.redd.it/hgvqojp5bkc01.png){kind=link}
![[link]](https://i.redd.it/zmj4obpnqhc01.png){kind=link}
![[link]](https://i.redd.it/efx47gj5lfc01.png){kind=link}
| You are subscribed to email updates from Bitcoin - The Internet of Money. To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google, 1600 Amphitheatre Parkway, Mountain View, CA 94043, United States | |
No comments:
Post a Comment