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    Tuesday, April 10, 2018

    Home Unlabelled BTC rBitcoin tried to claim that this sub bans and censors people, anyone who dissented in the comments was then banned and censored.

    BTC rBitcoin tried to claim that this sub bans and censors people, anyone who dissented in the comments was then banned and censored.

    April 10, 2018

    BTC rBitcoin tried to claim that this sub bans and censors people, anyone who dissented in the comments was then banned and censored.

    rBitcoin tried to claim that this sub bans and censors people, anyone who dissented in the comments was then banned and censored.

    Posted: 09 Apr 2018 05:30 PM PDT

    Hi r/btc. We are launching Atlantis, the easiest way to start accepting BCH 0-conf payments from customers all over the world

    Posted: 09 Apr 2018 11:08 PM PDT

    When a merchant signs up on our service, he gets access to our API through a dashboard which provides a transaction history of all payments through our service. Some of the features of our service are-

    1) Double spend detection - We verify 0-conf payments within 3-5 secs. We detect any double spend attempts and reject those payments. You get to access a bonus feature if you attempt to double spend. :D

    2) Secure - We don't act as an intermediary between two parties. The merchant generates an Xpub and we generate new addresses for all payment requests. The merchant gets paid automatically and we have no way to seize/stop/censor any payments

    3) Anonymous- Anyone can start accepting funds with a email login and generation of an API key.

    4)Easy API- We have tried to develop an API that is very easy for developers to start accepting Bitcoin payments. With this service, developers can work on new ideas which we will let their creative minds come up with.

    5)Flat Pricing- Payments no longer get a 2% fee per transaction but a flat monthly subscription fee. You pay at the end of the month and if you choose not to, you can terminate our service. Right now, this is the trial period and there is no fee at all :D

    We request users/merchants/developers to sign up and test our service at atlantis. If you know any merchants who want to start accepting Bitcoin for online payments, please direct them to our service.

    Our vision is to make global adoption of Bitcoin easier. Peter Thiel says the cost of switching is so high that the benefits should be 10x better. The world around is not going to learn about the disadvantages of paper money and come around to understanding the risk of a 0-conf in Bitcoin. We have to make it 10x easier for them to use Bitcoin. You can find more about our goals and a walkthrough of our product at Atlantis Blog

    We would also appreciate any feedback you have for us. We have a few things that are in our immediate pipeline *Multiple Fiat support *Option of importing XPUB

    submitted by /u/redditdabbler
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    @Bitcoin seems to be restored

    Posted: 09 Apr 2018 12:07 PM PDT

    Trolls on Wikipedia have inserted this line on the Bitcoin Cash page: "In order to speed transactions, users could be pay a transaction fee, which at the end of 2017 averaged about $28."

    Posted: 09 Apr 2018 04:35 PM PDT

    @Bitcoin on Twitter: I'm back, @jack

    Posted: 09 Apr 2018 01:04 PM PDT

    Twitter Cancels @Bitcoin Account as its CEO Invests in Competing Lightning Network. Is a conflict of interest at play? | Finance Magnates News Article

    Posted: 09 Apr 2018 08:51 AM PDT

    Announcing the next Bitcoin Unlimited vote: 7th May 2018

    Posted: 09 Apr 2018 11:41 PM PDT

    If Venezuela shifted entirely over to bitcoin "every adult in the country could only make one transaction every 36 days." -Cornell professor Emin Gun Sirer

    Posted: 09 Apr 2018 10:36 AM PDT

    Can anyone work out the stats for BCH instead of core? (Now and post fork?)

    submitted by /u/chefticus
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    Here's the paper that the theorems in Wright's selfish mining paper originally came from

    Posted: 09 Apr 2018 11:21 PM PDT

    I have made a document comparison search on Wright's paper posted to SSRN on July 17 2017

    Wright, The Fallacy of Selfish Mining in Bitcoin: A Mathematical Critique

    It clearly draws heavily from this paper from 2003, without citing it.

    Liu & Wang, A strong limit theorem on gambling systems

    Apart from minor changes in wording, Theorems 1 and 2 and Corollary 1 and 2 and the proofs in Wright's paper are the same as those given in Liu & Wang.

    submitted by /u/karmicdreamsequence
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    Fungibility For Bitcoin Cash

    Posted: 09 Apr 2018 06:40 PM PDT

    This is a proposal by jonald and I feel it is worth discussing and getting more awareness. Apparently his message was overlooked but I feel true fungibility is very important as good money. It means we don't need mixers anymore for privacy. It means nosey people cannot track how much BCH you have and cannot trace how you spend your Bitcoin Cash.

    Personally I support this proposal. It would need a slight protocol change so might work for the year end fork if it gets more support.

    Source: https://lists.linuxfoundation.org/pipermail/bitcoin-ml/2018-April/000702.html

    submitted by /u/MobTwo
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    The Atlanta Bitcoin Embassy loves Bitcoin Cash!

    Posted: 09 Apr 2018 06:10 PM PDT

    I built a Selfish Mining simulator in Javascript, and you can use it too.

    Posted: 09 Apr 2018 04:00 PM PDT

    Although Eyal and Sirer's Selfish Mining paper came out in 2013, like most people I only heard about it recently. And like most people, it's difficult to wrap your head around the math at first glance and it seems like it shouldn't work.

    So I set about building a simulator for Selfish Mining in Javascript which would make it easy for myself, and anyone else in the internet who's interested, to see the output while adjusting various inputs, such as size of the Selfish Mining pool, and the infamous gamma value.

    To the simulator: http://www.greywyvern.com/code/javascript/selfishmining

    Hope you enjoy!

    submitted by /u/theGreyWyvern
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    Real money THAT IS YOURS. Without banks, governments, agencies, or inflation.

    Posted: 09 Apr 2018 11:48 PM PDT

    14-Year-Old Developer Builds Uncensorable Voting Platform - Bitcoin News

    Posted: 09 Apr 2018 09:03 PM PDT

    Surprise sighting at the market... (7 of #100DaysofSatoshiDoodles)

    Posted: 09 Apr 2018 07:34 AM PDT

    Bitcoin (Cash) has been going strong for 9 years, since the very first Genesis block mined on our chain by Satoshi. At 9 years old the boy is maturing - 32mb blocks soon, and he'll be speaking the opcode language again. I think this year is the most important.

    Posted: 09 Apr 2018 09:29 PM PDT

    And now we've got our @Bitcoin Twitter back where it rightly belongs - in spite of @Jack's antics.I feel great.

    submitted by /u/jimbtc
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    Why are we talking now about selfish mining ? Why not when the paper came out years ago ?

    Posted: 10 Apr 2018 12:24 AM PDT

    I don't understand why there is so much steam now about selfish mining. This is something known since at least 2013. I even remember I posted a python code to simulate it in 2014. Can someone explain why this is a big topic now ?

    submitted by /u/HurlSly
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    [1804.02350] From Bitcoin to Bitcoin Cash: a network analysis

    Posted: 10 Apr 2018 01:57 AM PDT

    LN is fundamentally flawed and will be looked back on as an absolute joke.

    Posted: 09 Apr 2018 06:47 AM PDT

    Lets look at these scenarios:

    It will be centralised. Why would Alice lock funds into a channel with Bob, when they already both opened a channel with Amazon (for example)? It makes no economic sense to lock up your own money with a poorly connected node, just in case you need to receive money from them. So everybody opens a channel with Amazon because everybody else is connected to them. Amazon has your name, your phone number and your shipping address. Alice sends money to Bob, it goes through Amazon and Amazon is privvy to the entire transaction and you are doxxed to them.

    Alice wants to send money to Bob. Bob doesn't have any channel open. Alice can't send funds to Bob.

    Alice wants to send $100 worth of Bitcoin to Bob. They are both connected to Amazon with a channel. Bob opened a channel with $100 but Bob just bought a new toothbrush. Alice cannot send $100 to Bob.

    Alice is a normal person. She just wants to pay for something. She finds out she needs to run a Bitcoin node 24/7 or there is some other thing called a watchtower that she has to trust with her money. Alice just pays on her VISA card.

    Bob makes $2000 a month. Bob is lucky. He's richer than 90% of other people on the planet. His employer pays his salary in Bitcoin using LN. Bob pays $1000 rent. He spends $500 on groceries. He uses his channel open with his employer because they are well connected and have channels open with other big hubs so he can pay his rent and his groceries. He also doesn't want to pay on chain fees to close the existing channel and open a new one. Bob has $500 left in his channel with his employer and wants to save it. He must now close the channel so he can move his BTC to a wallet he has the keys for. Next salary is coming. How does Bob get paid? His channel is closed. Also, Bob's employer noticed Bob is saving $500 a month and denies his next salary increase review.

    I am just stunned at how poorly designed this shit is. Lightning Network will never work.

    Please, if I got any of this wrong explain it to me. It will make me happy that I simply made a mistake, vs everybody else is so fucking gullible to buy into such a flawed concept.

    If I'm not wrong:

    and you are developing it you should be embarrassed. If you are shilling it, you need to open your eyes.

    Detach yourself from it now, unless you are OK with becoming a laughing stock.

    Edit: Holy crap this blew up. Lot's of good discussion in the comments.

    To the people saying Amazon won't know about Alice's payment to Bob because onion routing:

    Amazon knows all the channel states of everybody connected to them obviously. In my example, Alice and Bob are only connected to Amazon. Amazon can easily see that this is the case just by looking. So with some extremely simple analysis of channel states, Amazon can deduce that Alice paid Bob through them, and because their channel is connected to their Amazon account, they know exactly who Alice and Bob are.

    submitted by /u/theantnest
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    Read the whitepaper. BCH is the only version of Bitcoin that still follows the original roadmap. BTC is an odd science project with no whitepaper describing its features.

    Posted: 09 Apr 2018 02:39 PM PDT

    The @Bitcoin Twitter Account Is at the Heart of Bitcoin's Big Schism

    Posted: 09 Apr 2018 11:47 AM PDT

    BCH coming soon to purse

    Posted: 09 Apr 2018 08:31 AM PDT

    Not sure if community is aware just want to give a heads up as an employee has confirmed from Purse.io that BCH integration is coming soon.

    Adoption and utility is all that matters!

    submitted by /u/xjunda
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    On the BCH blockchain, valid transactions are never spam. Instead we call it adoption. The more microtransactions the better. Businesses want to know that fees can be consistently low before building their products. This confidence in Bitcoin Cash will continue to drive adoption.

    Posted: 09 Apr 2018 05:58 AM PDT

    "The core strategy of selfish miner is get lower orphan rate than honest miner. Not need complex math, it is very easy to prove the SM cannot achieve this when he is the minority." ~Haipo Yang, Founder and CEO of ViaBTC and CoinEx

    Posted: 09 Apr 2018 02:56 PM PDT

    PSA, Bitcoin HAS hardforked in the past: "2013 May was a planned hardfork." -Luke-jr

    Posted: 09 Apr 2018 02:21 PM PDT
    Read more
    at

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