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    Friday, April 6, 2018

    BTC Chainalysis Adds Support For Bitcoin Cash

    BTC Chainalysis Adds Support For Bitcoin Cash


    Chainalysis Adds Support For Bitcoin Cash

    Posted: 06 Apr 2018 01:02 AM PDT

    "Bitcoin? We'll charge for everything." Samson Mow, Blockstream Corp., in control of Bitcoin. Bitcoin holders (and Litecoin and all other Lightning tokens) should get ready for the big shear.The biggest scam of all has yet to begin. ��

    Posted: 05 Apr 2018 09:17 PM PDT

    Lightning Network has Already Been Compromised And the Network is Already EXTREMELY Centralized. The Hype is All Lies

    Posted: 05 Apr 2018 05:58 PM PDT

    Great to see Coinbase advertising for buying and selling Bitcoin Cash

    Posted: 05 Apr 2018 11:47 PM PDT

    I am now downvoting every post with Craig Wright's face on it

    Posted: 06 Apr 2018 01:06 AM PDT

    If Craig has something to say he can come here and post it himself.

    If /u/Windowly likes something Craig said, he can make his OWN post about why Craig said something right, and he can quote Craig, give it context, and put it in his own words

    But I'm going to downvote every single one of these goddamn press release tweets that get posted by the half dozen every day

    Having Craig's face all over this sub is a liability to Bitcoin Cash. Craig made the decision to turn himself into a controversial figure. We don't need him to be the poster child of this sub.

    I've personally had enough.

    submitted by /u/jessquit
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    Roger Ver was so good at Deconomy that even pro-core CoinTelegraph had to give him a relatively fair shake in their reporting.

    Posted: 05 Apr 2018 07:44 PM PDT

    OpenBazaar 2018 Roadmap

    Posted: 05 Apr 2018 02:42 PM PDT

    AMA: Ask Mike Anything

    Posted: 05 Apr 2018 05:05 AM PDT

    Hello again. It's been a while.

    People have been emailing me about once a week or so for the last year to ask if I'm coming back to Bitcoin now that Bitcoin Cash exists. And a couple of weeks ago I was summoned on a thread called "Ask Mike Hearn Anything", but that was nothing to do with me and I was on holiday in Japan at the time. So I figured I should just answer all the different questions and answers in one place rather than keep doing it individually over email.

    Firstly, thanks for the kind words on this sub. I don't take part anymore but I still visit occasionally to see what people are talking about, and the people posting nice messages is a pleasant change from three years ago.

    Secondly, who am I? Some new Bitcoiners might not know.

    I am Satoshi.

    Just kidding. I'm not Satoshi. I was a Bitcoin developer for about five years, from 2010-2015. I was also one of the first Bitcoin users, sending my first coins in April 2009 (to SN), about 4 months after the genesis block. I worked on various things:

    You can see a trend here - I was always interested in developing peer to peer decentralised applications that used Bitcoin.

    But what I'm best known for is my role in the block size debate/civil war, documented by Nathaniel Popper in the New York Times. I spent most of 2015 writing extensively about why various proposals from the small-block/Blockstream faction weren't going to work (e.g. on replace by fee, lightning network, what would occur if no hard fork happened, soft forks, scaling conferences etc). After Blockstream successfully took over Bitcoin Core and expelled anyone who opposed them, Gavin and I forked Bitcoin Core to create Bitcoin XT, the first alternative node implementation to gain any serious usage. The creation of XT led to the imposition of censorship across all Bitcoin discussion forums and news outlets, resulted in the creation of this sub, and Core supporters paid a botnet operator to force XT nodes offline with DDoS attacks. They also convinced the miners and wider community to do nothing for years, resulting in the eventual overload of the main network.

    I left the project at the start of 2016, documenting my reasons and what I expected to happen in my final essay on Bitcoin in which I said I considered it a failed experiment. Along with the article in the New York Times this pierced the censorship, made the wider world aware of what was going on, and thus my last gift to the community was a 20% drop in price (it soon recovered).

    The last two years

    Left Bitcoin ... but not decentralisation. After all that went down I started a new project called Corda. You can think of Corda as Bitcoin++, but modified for industrial use cases where a decentralised p2p database is more immediately useful than a new coin.

    Corda incorporates many ideas I had back when I was working on Bitcoin but couldn't implement due to lack of time, resources, because of ideological wars or because they were too technically radical for the community. So even though it's doesn't provide a new cryptocurrency out of the box, it might be interesting for the Bitcoin Cash community to study anyway. By resigning myself to Bitcoin's fate and joining R3 I could go back to the drawing board and design with a lot more freedom, creating something inspired by Bitcoin's protocol but incorporating all the experience we gained writing Bitcoin apps over the years.

    The most common question I'm asked is whether I'd come back and work on Bitcoin again. The obvious followup question is - come back and work on what? If you want to see some of the ideas I'd have been exploring if things had worked out differently, go read the Corda tech white paper. Here's a few of the things it might be worth asking about:

    • Corda's data model is a UTXO ledger, like Bitcoin. Outputs in Corda (called "states") can be arbitrary data structures instead of just coin amounts, so you don't need hacks like coloured coins anymore. You can track arbitrary fungible assets, but you can also model things like the state of a loan, deal, purchase order, crate of cargo etc.
    • Transactions are structured as Merkle trees.
    • Corda has a compound key format that can represent more flexible conditions than CHECKMULTISIG can.
    • Smart contracts are stateless predicates like in Bitcoin, but you can loop like in Ethereum. Unlike Bitcoin and Ethereum we do not invent our own VM or languages.
    • Transactions can have files attached to them. Smart contracts in Corda are stored in attachments and referenced by hash, so large programs aren't duplicated inside every transaction.
    • The P2P network is encrypted.
    • Back in 2014 I wrote that Bitcoin needed a store and forward network, to make app dev easier, and to improve privacy. Corda doesn't have a store and forward network - Corda is a store and forward network.
    • It has a "flow framework" that makes structured back-and-forth conversations very easy to program. This makes protocols like payment channelss a lot quicker and easier to implement, and would have made Lighthouse much more straightforward. A big part of my goal with Corda was to simplify the act of building complicated decentralised applications, based on those Bitcoin experiences. Lighthouse took about 8 months of full time work to build, but it's pretty spartan anyway. That's because Bitcoin offers almost nothing to developers who want to build P2P apps that go beyond simple payments. Corda does.
    • The flow framework lets you do hard things quickly. For example, we took part in a competition called Project Ubin, the goal of which was to develop something vaguely analogous in complexity to the Lightning Network or original Ripple (decentralised net-out of debts). But we had about six weeks and one developer. We successfully did that in the time allowed. Compare that to dev time for the Lightning Network.
    • Corda scales a lot better than Bitcoin, even though Bitcoin could have scaled to the levels needed for large payment networks with enough work and time. It has something similar to what Ethereum calls "sharding". This is possible partly because Corda doesn't use proof of work.
    • It has a mechanism for signalling the equivalent of hard forks.
    • It provides much better privacy. Whilst it supports techniques like address randomisation, it also doesn't use global broadcast and we are working on encrypting the entire ledger using Intel SGX, such that no human has access to the raw unencrypted data and such that it's transparent to application developers (i.e. no need to design custom zero knowledge proofs)
    • Lots more ....

    I don't plan on returning to Bitcoin but if you'd like to know what sort of things I'd have been researching or doing, ask about these things.

    edit: Richard pointed out some essays he wrote that might be useful, Enterprise blockchains for cryptocurrency experts and New to Corda? Start here!

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

    About Time: A Plead to Pro-Actively Support What My Research Concludes.

    Posted: 05 Apr 2018 07:45 PM PDT

    Dear Bitcoin Cash community,

    After:

    • Doing my own research on what Bitcoin is and should be
    • Craig S. Wright,
    • Whitepapers,
    • Historical evidence
    • lightfrightening network
    • Censorship ad nauseam
    • Recent Deconomy childish drama

    ... trying my best.... to neutrally assess the logos/pathos/ethos of all these characters.

    Enough is enough.

    I would like to put myself 100% at your service.

    I will relocate to anywhere in the world, to do ANY work you need help with - Given it is about supporting and growing Bitcoin Cash.

    Just give me an email to ping and I will.

    I am 28, speak native-level english and spanish - I was born in Mexico and also have EU citizenship, through a dual nationality with Spain. I currently reside in the United Kingdom. - I work from home as an independent digital marketing consultant/executive, responsible for provably growing at least three online businesses from thousands of views per month to millions of views per month becoming the leaders in their market.

    Extensive first hand experience with everything digital marketing but can also responsibly fire-power well-thought live rhetoric.

    PM me.

    submitted by /u/Psiloton
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    We have to increase Bitcoin BCH privacy ASAP ....

    Posted: 05 Apr 2018 12:23 PM PDT

    NoCSW is 'Virtue Signalling.' Absolves them of the need to debat/refute anything he says/writes - heretics just need to be silenced. Proof of Authority. And who exactly are the authorities now - Vitalik et al.

    Posted: 05 Apr 2018 09:00 PM PDT

    I received this email from CoinText

    Posted: 05 Apr 2018 05:46 PM PDT

    Copy/paste

    Hi,

    As you may know, we paused our faucet because we noticed attempts to abuse it. It is back online. But the CASH command now requires a balance in your CoinText wallet to tap the faucet.

    If you haven't already gotten $.50/BCH to your phone from our faucet, follow these instructions:

    1. Text RECEIVE to CoinText
    2. Send $.01/BCH to your CoinText wallet
    3. Text CASH to CoinText

    This is a temporary measure with more faucet upgrades coming soon. New users with zero balances will be able to participate again shortly.

    We are also working on an ambassador program that allows any CoinText user to earn referral fees for introducing people to the service. Look for that around May!

    Thanks again for participating in the mass adoption of Bitcoin Cash!

    CoinText Crew

    submitted by /u/knight222
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    Lil Windex - Bitcoin Cash clip: Over Half a Million Views on YouTube!

    Posted: 05 Apr 2018 04:03 PM PDT

    When I got involved years ago, Bitcoin was going to empower the poor. Now, Bitcoin (BTC) "isn't for people making less than $2/day" according to Blockstream CSO. FUCK THAT. We gotta get back on message!

    Posted: 05 Apr 2018 03:47 AM PDT

    I'm frankly shocked by the pushback I've seen to Roger's emotional appeal during his debate with Samson Mow. I think Roger's statement was bang-on. I thought everyone here got that already.

    Rich people in first world countries don't need a cryptocurrency so they can buy a latte at Starbucks. Rich people in first world countries have access to mostly good banking and mostly sound currencies and have a plethora of payment options already.

    It is the poor who have no access to banking and have to earn in worthless currency who stand to benefit the most from what we are doing in cryptocurrency. (Edit: and that's disruptive to rich countries with mostly sound banking and currency.... draw your own conclusions...)

    In Venezuela they measured 6000% inflation in February and are on track to experience 12,000% inflation this year. In 2009, Zimbabwe experienced an inflation rate of 500 BILLION percent.

    These numbers are REAL but almost incomprehensible to most of us.

    Do you know what that means? It means that no matter how much money you earned today, it's automatically worthless tomorrow if you have to hold it in your nation's currency, as the unbanked must perforce.

    That's the sound money argument. Then there's the online economy argument.

    Literally billions of people in this world have access to computers, but lack access to banking and stable currency, so they cannot participate in the online workforce. Cryptocurrency lets anyone without banking services participate in the economy of tomorrow.


    This is my earnest request. I implore everyone: can this community please stop rabbit trailing about ICOs and other first world distractions and focus on just one of these countries long enough to make a difference?

    Real-world "use it like cash" applications are sitting right in front of us, only most of us live in the first world and don't see these applications on a daily basis.

    Folks, real-world "use it like cash" applications are the fucking Holy Grail. Once there exists a single complete closed-loop real-world economy in Bitcoin Cash, it's game over.

    This was so obvious to people like Roger and myself years ago. Since then we've swallowed so much poison and been exposed to so much doubt and distraction that I think we've forgotten the mission.


    As a bonus that's very important to many of us, this particular mission has the decided advantage of being a morally-justifiable mission. This is a mission we can all engage in with heads held high: we're not building a get rich quick scheme for rich people to get richer, we're building an onramp to the future for the world's least-advantaged people.

    That's a mission you can proudly state. There is no better way to market BCH. Everyone else is building novelties for the rich. Only BCH is actually bringing the original mission of sound money to the world's most disadvantaged.

    When someone complains about how much energy is expended mining blockchains, are we going to say, "yeah but we have crypto kitties and scammy ICOs" or are we going to say, "yeah but we're helping to lift a couple billion people out of poverty and into the 21st century online economy."

    I know what message I want to deliver.

    EYES ON THE PRIZE

    submitted by /u/jessquit
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    Just bought some French cold cuts with Bitcoin Cash! Adoption is here!

    Posted: 05 Apr 2018 02:33 PM PDT

    Samson Mow interviewed by Alex Millar, in which he states Blockstream's goal is to generate profit and revenue, not to increase the value of Bitcoin.

    Posted: 05 Apr 2018 02:25 PM PDT

    "We are all human and we are all flawed. I don't apologise to the few people I reacted to, I apologise to all others. I should not react, but I am human. Attacks without substance hurt, and we should rise above them. I work to be more, I fail, but I try and grow and try again."~Dr. Craig S. Wright

    Posted: 05 Apr 2018 11:19 PM PDT

    This post by Mike in his AMA shows clearly how this "obedience instinct", so present in our species, can be so destructive. Even in the places where you'd least expect it.

    Posted: 05 Apr 2018 10:23 AM PDT

    new Lighting wallet on mainnet

    Posted: 05 Apr 2018 10:58 PM PDT

    rBitcoin mod thieflar caught in a blatant deception. Naturally zero informed redditors will be surprised.

    Posted: 05 Apr 2018 11:38 AM PDT

    Introducing Coinbase Ventures - The Coinbase Blog

    Posted: 05 Apr 2018 02:51 PM PDT

    Trezor stopped working on CashAddr... Because it's done! CashAddr code is ready for the next release!

    Posted: 05 Apr 2018 06:37 AM PDT

    The search for intelligent life...

    Posted: 06 Apr 2018 12:55 AM PDT

    So many CSW posts today, mods stop the upvoting brigade!

    Posted: 06 Apr 2018 12:38 AM PDT

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