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    Home Unlabelled BTC The block size limit is not and was never an "anti-spam" measure. It prevents the "poison block" attack. In fact the block size limit actually creates the spam attack vector.

    BTC The block size limit is not and was never an "anti-spam" measure. It prevents the "poison block" attack. In fact the block size limit actually creates the spam attack vector.

    May 06, 2018

    BTC The block size limit is not and was never an "anti-spam" measure. It prevents the "poison block" attack. In fact the block size limit actually creates the spam attack vector.

    The block size limit is not and was never an "anti-spam" measure. It prevents the "poison block" attack. In fact the block size limit actually creates the spam attack vector.

    Posted: 05 May 2018 10:58 PM PDT

    It is a common misunderstanding to call the block size limit an "anti spam" measure. I have heard this my entire time in Bitcoin and it was only in the last couple of years that I really understood how incorrect and toxic this misunderstanding is, because the block size limit actually creates the spam attack vector.

    There are two different attacks under discussion.

    The first is a "poison block" attack. This is the attack the block size limit was created to prevent. At the time it was created the level of "spam" on the network was zero, and the coin had no real established market value, very few miners, and extremely low mining difficulty. It cost almost nothing at all to mine at home. A malicious miner could generate a giant block full of transactions to himself, and basically cause all the other miners to choke on it while trying to validate it. This attack is described here. The limit was set at 1MB which was two orders of magnitude larger than the largest typical block - ie, extremely high with respect to the network demand, with the expectation that it could be easily raised long before it was an impediment. Having a block size limit was a way to keep anyone from making a poison block without getting automatically orphaned.

    "Spam" is a different thing altogether. Spam is when someone creates a large number of low fee transactions with the purpose of "padding" the real transactions with fake ones to fill the block size to the limit. Maybe miners do it in order to jack up fees. Maybe altcoin pumpers do it to degrade performance of the Bitcoin chain. Whatever the reason, the point to understand is that in a spam attack, the block size limit itself is the attack vector.

    submitted by /u/jessquit
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    An easy way to visualize the August 1st Hard Fork. Neither of the two branches resulting from a fork can be called "the original road," but only one branch continues towards the same destination.

    Posted: 05 May 2018 07:54 PM PDT

    Bitcoin Unlimited - Bitcoin Cash edition 1.3.0.1 has just been released

    Posted: 05 May 2018 11:42 PM PDT

    Download the latest Bitcoin Cash compatible release of Bitcoin Unlimited (1.3.0.1, May 5th, 2018) from:

     

    https://www.bitcoinunlimited.info/download

     

    This release is a minor release which is compatible with the Bitcoin Cash planned protocol upgrade that will take place on May 15th

     

    Relevant changes:

    • provide test infrastructure to create transactions with more complex script
    • various fix and improvements applied to BU request manager
    • fix socket select bug on windows platform
    • fix a problem with incoming connections due to node IP address discoverability
    • ensure that EB and datacarrier size are set properly after a node restart
    • fix spurious disconnect due to block download crowding out getheaders
    • prune slow peers during initial sync

     

    Release notes: https://github.com/BitcoinUnlimited/BitcoinUnlimited/blob/dev/doc/release-notes/release-notes-bucash1.3.0.1.md

     

    Ubuntu PPA is in the process of being updated.

    submitted by /u/s1ckpig
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    Don’t be fooled by the new Core troll narrative here: “I love BCH! Core sucks! But BCH probably shouldn’t take the bitcoin name...“

    Posted: 05 May 2018 09:12 PM PDT

    They're trying to get upvotes on comments that state we should stop calling BCH "Bitcoin", by filling those comments with things we love to hear.

    Pro-BCH sentiment about overthrowing Core. Expounding on the positives of bigger blocks. Saying that Bitcoin Cash is a grrrrreat project.

    Oh but by the way, "we" ... probably should stop trying to take the bitcoin name.

    It makes "us" look bad....

    It makes us look dishonest....

    It "just isn't necessary" ... let's win this battle as Bitcoin Cash instead!

    Don't fall for it folks. Call them out. Downvote them. It's a fork. It's a legitimate contender for the bitcoin name. Reality is reality. Their fear is real. And they've got an expert in psychology running this shit.

    submitted by /u/BitttBurger
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    BitcoinXT was simply a client that accepted larger blocks as valid. This idea was so dangerous the thought police labeled it an altcoin and banned all discussion. But it was an idea, and that idea lives on today, as Bitcoin Cash, stronger than ever

    Posted: 05 May 2018 11:02 AM PDT

    We all reinforce this idea everytime we #SpendBCH or accept it as payment thus validating it as a currency.

    If you are paying bills, buying an iphone, or posting a memo, you are contributing to the idea that Bitcoin should be Cash.

    Special shout out to all the haters on memo for helping on-chain TXs grow :)

    submitted by /u/SpendBCH_io
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    BCH price was $600 a month ago

    Posted: 05 May 2018 03:20 PM PDT

    I didn't see panic. Didn't feel like developers were abandoning ship. Didn't feel overwhelming amount of dispare.

    This caused me to transfer more from BTC to BCH (like most here I own both still. Hopefully that's not a sin)

    Both coins have obviously risen drastically in the last month, and I know this last month (up 170% from the low) doesn't prove everything, but the attitude of the community makes me feel like Bitcoin Cash will end up the dominant coin in the crypto sphere.

    submitted by /u/GolferRama
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    Am I the only one that doesn't mind Bitcoin Cash being called "Bitcoin Cash" instead of just "Bitcoin" (for now)?

    Posted: 05 May 2018 06:40 AM PDT

    (In advance, I don't really consider myself a hardcore supporter of any coin, that includes BCH and BTC so maybe I see this a bit differently.)

     

    I could imagine that "having" the name Bitcoin would mean a boost in things like popularity or fame, but at least at the moment this whole name-war is getting on my nerves more than anything.

    In my opinion we should call it Bitcoin Cash and don't try to force the name "Bitcoin" onto it - at least for now. Maybe it is the original vision of Satoshi and maybe it is the better coin (I don't even want to talk about any of that) but if BCH really is the superior coin, then it should and will earn the name "Bitcoin" all by itself sooner or later.

    I like the idea behind BCH, but in my opinion this whole "BCH is the REAL Bitcoin" talk is somewhat embarrassing and damaging the reputation of BCH. All this energy should rather be spend on improving accessibility, getting stores and companies to adopt BCH, helping the community, etc.. The switch to the name "Bitcoin" should then come by itself over time.

     

    tl;dr: I think that BCH is fine as "Bitcoin Cash" for now. If it will ever take the name of "Bitcoin" it should come more naturally instead of this forced pushing.

     

    I'm curious what other people think about this. Do you dislike the name "Bitcoin Cash"? How important is BCH getting/being called "Bitcoin" for you? Would you mind BCH being "Bitcoin Cash" forever?

    submitted by /u/d3on
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    Ryan Charles delivers an epic rant about Lightning Network problems

    Posted: 05 May 2018 07:00 PM PDT

    (shitpost) philosoraptor meme: if honeybadger don't care...

    Posted: 05 May 2018 06:20 PM PDT

    Cobra attempts to lie about ever trying to change the Bitcoin whitepaper.

    Posted: 05 May 2018 02:26 PM PDT

    We coming for you XRP lol ��

    Posted: 05 May 2018 06:27 PM PDT

    Anti-BCH Folks Just Made Some Unremovable Records On Memo.cash

    Posted: 05 May 2018 10:51 PM PDT

    Well played Mr. Ver. Well played, sir.

    Posted: 06 May 2018 12:31 AM PDT

    BCH just can’t stop promoting freedom

    Posted: 05 May 2018 05:41 PM PDT

    Please, lets get a moment of silence

    Posted: 05 May 2018 07:24 PM PDT

    For all those who sold BCH after the fork, influenced by Core cult members back in Aug 2017.

    submitted by /u/dd32x
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    winning: bch/btc price 0.18

    Posted: 05 May 2018 05:44 PM PDT

    So thankful for the #NO2X campaign - it ended up birthing 2 forks:

    Posted: 05 May 2018 03:10 PM PDT

    One with a segwit limited chain and one without those limits. Enjoy! Be sure to check out and join either memo.cash or blockpress.com for some freedom on chain!!

    submitted by /u/barfor
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    Markets Update: BCH Prices See Uncorrelated Movement Gain 13%

    Posted: 05 May 2018 05:23 PM PDT

    My introduction to Roger Ver was in this video. Jonny from Blockstream refuses to say the name "Satoshi" calls him "author of the whitepaper" I believe.

    Posted: 05 May 2018 05:19 PM PDT

    This video

    Don't have the timestamp.

    A Core developer and he is afraid of the name "Satoshi" - that was wrong on so many levels. Thanks Johnny - you helped me find my way.

    submitted by /u/mrtest001
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    Bitcoin Cash is now fully supported by BitCloak mixer.

    Posted: 05 May 2018 12:19 PM PDT

    -----BEGIN PGP SIGNED MESSAGE----- Hash: SHA512 Hello, I'm happy to announce that BitCloak mixer now also supports Bitcoin Cash. You can select Bitcoin Cash from the menu, or add /bch to the base url. It comes with all the usual mixer features, pgp-proof and api included. To prevent mistakes the bch version only accepts the new CashAddr format. Other updates: - - new domain added: https://bitcloak.ru/en - - api is now open to everybody, no more api keys needed. - - new section and api feature to check your mix status. Will continue to improve and update the service, BitCloak -----BEGIN PGP SIGNATURE----- iQJ8BAEBCgBmBQJa7cukXxSAAAAAAC4AKGlzc3Vlci1mcHJAbm90YXRpb25zLm9w ZW5wZ3AuZmlmdGhob3JzZW1hbi5uZXQwMDIwNUMxQTQ3QUQwNTA1MkFCQjQ1MTFF RkVGQjNGODg2RDM2MjQyAAoJEO/vs/iG02JCSq4QAMRNy4EhqDlwUkdiWCxubIkI SmPRWjm8z4schBqJahuLNoURJs/uU3fMZAznTu6Kj+3B0Cpm7n5A5EYmgjHBQqgi zu9iZAfZ1oJFewFgeusMf16IeVwiNH7lfK11r7KwxE68YEYTG/hRLntPoLseKf5e 31h2hvE5jr6+doEOHhlibPW1b8DI3IYy7Nm5Q4SwI8IanT8KIYQRJer+XAnv78K6 OuwAmaF/6nyV9Og4rfXs5KffTt7b6qJn6Vr/nGlcbnTvSpW1l3q48EhWd8PAUB+I Y+7oBe6YnNtuVoQj6x8OU46xatn77EGlRDTuO1/hNLf82cc3uZiWg/YBV7afof9V k+MlWDfvjzcf0MirhWY4CGYsSP3lhcCL0rtI0nNc22lKbuWaZWd10hZehRUrVCMO 0vCqs/P5mbrPeIOVNEtOKBPKTsQYmfy9APnh3ld3j5E+B0J79fADmlF4hs4IX12d Pi3eQk0i7n8gcPwIrH83PxG1iPhNyDxUzoXdehu/S6+TaRQDFP1NvZSzCPMHnD2S 7q2TCWANrN7ZhXXbIbuMiij+Eq4UHylZNRO/MGzh+TPPyD/qJ9ZyvjOokAfnHQOY DiCwKZkK1BZOTGxUrWhKgF9Nes8i0A2NjeHWIhpx8LIz7XU4820p5y26VlaSO1s2 Lu8wk703x8Xzr8p5gNEK =SCz/ -----END PGP SIGNATURE-----
    submitted by /u/BitCloak
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    Bitcoin trolls will help the flippening eventually

    Posted: 05 May 2018 04:39 PM PDT

    Bitcoin core trolls don't use facts or reason, all they do is follow the masses as it requires the least thinking and then troll every project that is a threat..
    Once bitcoin cash becomes more popular, the trolls will surely come over.
    Not because they understand why bigger blocks works, but because they will fomo and follow the masses.
    Then they will most likely troll every project that is a threat to bitcoin cash, and the cycle continues.

    submitted by /u/Naturex1
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    So Bitcoin just killed 90% of the Alt coin market.

    Posted: 06 May 2018 12:11 AM PDT

    Bitcoin just murdered all the privacy coins with coin mixers.

    Slaughtered all the low fees alts with its $0.00 fees

    And is currently massacring the smart contract market.

    Alts be afraid.

    submitted by /u/bio-trader
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    The PR tide is slowly turning as well: "But even if those criticisms are accurate, they have nothing to do with whether or not Bitcoin Cash is actually faster, cheaper or easier to use than Bitcoin."

    Posted: 05 May 2018 10:24 AM PDT

    First market of the year. Chose to move along adoption!

    Posted: 05 May 2018 07:58 AM PDT

    Roger can I video interview you for the Dutch Bitcoin community on Tweakers.net?

    Posted: 05 May 2018 01:23 PM PDT

    Lots of people there believe lies and propaganda about you and it would be cool if can video interview you and put it on my kain.tweakblogs.net blog and share with the community there. /u/MemoryDealers

    I can send you a list with questions first! We will do it in English because I don't speak Japanese and you don't speak dutch and then I will put dutch subtitles on it.

    edit: To be clear, I don't work for Tweakers.net but am a active member in the tweakers community since like 2004 or something. And it was because of a 2011 forum post https://gathering.tweakers.net/forum/list_message/36354375#36354375 that I first heard about Bitcoin.

    submitted by /u/Kain_niaK
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