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    Home Unlabelled BTC bitpay and moneybutton support added to Telescope, the BitcoinCash Wallet extension for chrome and firefox.

    BTC bitpay and moneybutton support added to Telescope, the BitcoinCash Wallet extension for chrome and firefox.

    May 28, 2018

    BTC bitpay and moneybutton support added to Telescope, the BitcoinCash Wallet extension for chrome and firefox.

    bitpay and moneybutton support added to Telescope, the BitcoinCash Wallet extension for chrome and firefox.

    Posted: 27 May 2018 11:16 PM PDT

    Happy Sunday! BCHGiveaway #BCHForEveryone

    Posted: 27 May 2018 09:32 AM PDT

    BCH giveaway!

    1) Upvote 2) Comment your BCH address 3) Receive bch :)

    BCHForEveryone

    submitted by /u/BCHForEveryone
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    BCH Developer subreddit?

    Posted: 27 May 2018 11:54 PM PDT

    Is there a subreddit dedicated to development type posts?

    Checking this forum often to keep up with dev progress in the space, which is fast. All the general/news/meme/communitybuilding posts are fine but tiresome to filter without a bot. Content is very often rehashed or covered again by new members of the subreddit.

    submitted by /u/-sagas
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    Screen shot of new update to the Bitcoin.com Wallet Home Screen coming soon.

    Posted: 27 May 2018 11:31 PM PDT

    Original Bitcoin source code. Intent is in the code ;)

    Posted: 27 May 2018 04:12 PM PDT

    In what world is this okay

    Posted: 27 May 2018 04:00 PM PDT

    Rory MacDonald on Twitter: "yeah! I bought the shirt with BCH from Bitcoin.com"

    Posted: 27 May 2018 03:04 PM PDT

    SCAM MINING SITE: This site is impersonating me on Instagram to trick people into investing

    Posted: 28 May 2018 12:34 AM PDT

    Yup, this just happened..

    Posted: 27 May 2018 10:41 PM PDT

    MMA champion Rory Macdonald just posted a video of himself wearing a BCH PLS shirt

    Posted: 27 May 2018 11:16 AM PDT

    Satoshi's White Paper in HTML is live at the Nakamoto Studies Institute

    Posted: 27 May 2018 03:52 PM PDT

    CoinGeek.com hosts first Bitcoin Cash Social in the Philippines

    Posted: 27 May 2018 11:13 PM PDT

    I quit btc.

    Posted: 27 May 2018 11:59 AM PDT

    TL&DR Basically rant why I don't want to face bitcoin core supporters constant lies and I don't want to have anything to do with bitcoin core (btc) anymore.

    Bitcoin was always about sending safely digital money to anybody, anywhere and without need of central authority. It was very clearly stated in first discussions and first promoting materials, that whole idea is for it to work instantly with no fees, or very little fees and it is for everybody equally and anonymously.

    Nobody was ever suggesting that bitcoin is finished product. Probably it is fair to say everybody were expecting some kind of problems and different and unforeseen circumstances that could potentially kill the project any minute and instantly. Many of users could also see potential new use cases and phenomenal possibilities for the future. Bitcoin got quickly recognised as very risky but very promising technology that could change the world. Things like that don't happened every day.

    Evolution of bitcoin was inevitable. Every aspect of bitcoin needed protection and improvement to face problems.

    Oh boy, but how I'm surprised what way it all went.

    Maximum blocksize was introduce by bitcoin creator as a temporary measure to mitigate problems bitcoin was vulnerable at the time. It was always suppose to be increased when needed and Bitcoin creator (Satoshi Nakamoto) even said how to do it effortlessly. That max block size was trivial temporary fix that not many at the time realised how big obstacle for bitcoin it will become. Unfortunately for all of us, Satoshi left the project, before sorting it out.

    Instant transactions were removed when "replace by fee" feature and increasing transaction waiting time in mempool from, I think 3 days to 14 days, were introduced. It was done to allegedly make it easier to estimate correct fee needed to pay to get to next block. In effect though, it enabled race to the top of the fees where in order to keep up with increasing volume, it was better to increase fee above everybody else or face staying in limbo of unconfirmed transaction for two weeks or more in case some party chooses to rebroadcast transaction. What is more terrifying, transactions couldn't be safely used as instant anymore, as a sender could potentially double spend transaction with sending funds to different than original address with higher fee and more chance to not get rejected. Instant transaction was basically killed. Now we all had to wait for confirmations, preferably 6 of them. Originally, that was only advised as extra safety measure for bigger purchases, but now thanks to rbf, it is a must. Plus fees were encouraged to go up.

    Foundations for high fees were set by rbf and 1mb block size. When volume came with increasing adoption and interest from new users, fees skyrocketed to above 1000sat/byte. You could send with lower fees and get lucky, but basically fees were extremely high. Also, not every transaction is simple. This 1000sat/byte could easily result in fee on 100gbp for transaction if you were using many unspent outputs.

    That killed adoption. Period. You can't use bitcoin to send money if you have to pay transaction bigger than often value of transaction itself. Low fee or no fee aspect was killed and even vanished for a while from bitcoin.org site.

    Important part is, that all of that above could have been justified. As I mentioned before, bitcoin is not finished and it is vulnerable so any changes should be tested, not rushed. I can understand that. What is more, I can not demand from bitcoin developers changes. I can propose changes myself and even show how to do it though.

    But here is the tricky part. Bitcoin core developers killed all progress by censoring every discussion that was not in line with central party rhetoric. You want to talk about big blocks? Ban. You want to ask about why not? Ban. But, but… Ban. So changes can not be proposed anymore and discussed. It was possible to get ban even when taking part in discussion elsewhere or agree to something core didn't approve and "obviously" being not in line.

    Well done guys, you just created central authority that stand against everything that bitcoin was for.

    How big fees were justified?

    By pushing blame on users. It must be stupid to use bitcoin they said. When you using it you are taking precious resources. You are bad for bitcoin. Bitcoin is not money, it is store of value!!!

    Just buy and hold. Sorry. Just buy and "hodl". Be stupid meme reader. Than tell others to buy and hold. Create perfect ponzi. This is what bitcoin core is now being used mostly for.

    Solutions proposed and introduced.

    Segwit or Segregated Witness. (didn't help)

    Reorganisation of transaction record that changes the way transaction size is being counted and also fixes malleability issue. At the time of introduction it was being compared to approximately equal to increase to 1.7 mb block size. Now opinions and calculations are vary. Some give it more, but most are very confusing anyway. As misinformation is very common in bitcoin world, I leave it for everybody to check it themselves.

    Segwit was mostly needed to introduce Lightning Network that required transaction malleability to be fixed. In normal bitcoin use, it wasn't really big problem, but lightning apparently had to have it sorted this way.

    Lightning network

    Fascinating concept really I must admit. It is different layer working on top of bitcoin block chain. Instead of sending every transaction on chain, users were encouraged to use this so called settlement layer, where only final balancing is written on chain. In theory, when network will be big enough and everybody will connect, closing final balances will never be required or for very long time plus when something goes wrong. Lightning network is in even bigger beta than I thought and I don't think I can say more about its technical side, but already I think it might be very interesting someday. It should not stop on chain scaling though.

    My problem with Lightning network is more on idealogical level. It to much looks like trying to replicate existing banking system (I might be totally wrong on this) and there was LIE spread before introducing LN that everybody needs to run full node. It is a lie. Obvious lie.

    First of all, the definition of full node has been changed. Originally full node was node that was doing all functions of node and that includes mining. Mining is now highly centralised and it has very big entry price, so normal user rather can't run full node efficiently.

    Definition has changed to call non mining nodes a full node. That implies they are important to bitcoin network. They are not. They are important for Lightning network though, as user has to be connected to it all the time via they're own node.

    Not only Lightning Network is build on bitcoin chain but also on the lie and misinformation. That is very bad. Any discussion to put things straight as they are result in ban in every communication channel controlled by central authority of core devs.

    Every day I come to reddit or any other social media, I see plenty of lies, usually from people that do not lie, and I am sick of it. Bitcoin is evil, bitcoin is broken, bitcoin is taken over by malicious group, that luckily forked away in August last year and is marked as btc.

    Bch chain restored the original value of Bitcoin. Central authority is gone. If it happens again, we will fork away again. It is low fee or no fee system for everybody.

    It is fascinating again. There is new development. Look on memo and blockpress. If you can't see implications of this, I don't know what to say.

    Now is the time people have to choose though. Bitcoin cash has low volume. It is possible people don't want uncensored money, social network, or network in general. Maybe they need Lambo dream and ponzi scheme? Maybe. I don't know. But I'm off from btc and I am not coming back.

    submitted by /u/MarchewkaCzerwona
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    BitcoinRewards.com: "When we launched... on the 1st of December 17, we also had $BTC. We give an aggressive amount of commission back to the end user, hence we dropped BTC due to high fees and its hostility toward business."

    Posted: 27 May 2018 01:08 PM PDT

    So many companies & famous people talking about Bitcoin Cash and advertising the BCH logo... I am really getting a 2013 Bitcoin's vibe !

    Posted: 27 May 2018 03:16 PM PDT

    Do you too get the "The future begins here and now" feeling ? Feels great, man.

    submitted by /u/ShadowOfHarbringer
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    Rick Falkvinge: "But how will the miners get PAID if you increase the blocksize / reduce the transaction fees / do anything at all to help adoption?!?". A debunk of another red herring in a new vlog.

    Posted: 27 May 2018 10:03 AM PDT

    Prague Subway System Now Has Ten New Bitcoin ATMs

    Posted: 28 May 2018 01:18 AM PDT

    Hearing people saying the miners have too much power shows total lack of understanding of how bitcoin was supposed to work - they're the closest thing to shareholders in bitcoin.

    Posted: 27 May 2018 07:36 AM PDT

    Which is why Blockstream spreads hate on them as a competitor which can't compete with them (bitcoin can't be stopped) so it overrides them by imposing artificial regulation (essentially centralized government).

    submitted by /u/unitedstatian
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    Legacy Poloniex Customers Are Complaining About Frozen Accounts

    Posted: 27 May 2018 05:55 PM PDT

    [question] i had some btc in a wallet prior to the bitcoin cash fork. Was i awarded BCH for my btc and would that BCH still be available?

    Posted: 27 May 2018 08:26 PM PDT

    I think i have the unique key from the wallet i had my btc in at the time.

    submitted by /u/Greatplacesmate
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    Transaction costs and smaller payments were discussed in the Bitcoin White Paper

    Posted: 27 May 2018 08:02 PM PDT

    My brothers just experienced the difference between BTC and BCH. And wow was it a reminder for me.

    Posted: 27 May 2018 10:57 AM PDT

    One thing I always used to not like about BTC was the 1conf or 3conf waiting times. I never really used to send transactions. Recently, I had gotten used to sending instant tx's with bitcoin cash and because of that I actually use it a fair amount.

    One of my brothers had bought BTC at an ATM and wanted to convert it into BCH. I got him to install a bitcoin.com wallet and create a BTC wallet. We sent the BTC to the wallet and .... I thought "where is it??... why isn't it here yet". And then I remembered waiting for confirmations. Jesus.

    For the benefit of both of my brothers I then demonstrated sending some bch to one of them, freshly installed bitcoin.com wallet, crazy fast qr code scanning, and the moment I pressed send a massive tick appeared on his phone. It really did seem instant. They were both very impressed.

    Ive been a bch supporter from the fork. But it wasn't until today that i really understood that BCH is a totally different, much more useful beast.

    submitted by /u/BenIntrepid
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    Chilean Bank Reopens Accounts of Cryptocurrency Exchanges

    Posted: 27 May 2018 11:16 PM PDT

    Anyone using OpenAlias with Bitcoin Cash? Which prefix do you use? Are there alternatives?

    Posted: 27 May 2018 11:10 PM PDT

    I was wondering whether anyone is using OpenAlias to share Bitcoin Cash wallet addresses and whether any wallets support it? If so, which prefix do you use? oa1:bitcoincash sounds reasonable for me.

    The website (openalias.org) does only list two applications so far, xmr and btc. As it is an open standard, one could simply publish a record pointing to a bitcoincash address, but then if no wallets/apps look for it, it won't do much.

    What do you think? How do you (easily) share wallet addresses?

    Thanks!

    submitted by /u/tomtorggler
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    Can't take out my bitcoin cash from bittrex.

    Posted: 28 May 2018 12:09 AM PDT

    It says invalid wallet everytime I tried to withdrawal. I've been in crypto for more than a year and I understand very well how this works. I'm pasting my public address from Blockchain and Bitcoin.com wallet and it doesn't work for both options.

    It says "invalid address" when processing my request.

    Any help?

    Thanks.

    submitted by /u/oscar_salas93
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