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    Friday, June 8, 2018

    Home Unlabelled BTC Bitpay accepting 0-conf for BCH now, BIP 70 finally working with the Bitcoin.com wallet on android. Works really well.

    BTC Bitpay accepting 0-conf for BCH now, BIP 70 finally working with the Bitcoin.com wallet on android. Works really well.

    June 08, 2018

    BTC Bitpay accepting 0-conf for BCH now, BIP 70 finally working with the Bitcoin.com wallet on android. Works really well.

    Bitpay accepting 0-conf for BCH now, BIP 70 finally working with the Bitcoin.com wallet on android. Works really well.

    Posted: 07 Jun 2018 05:37 PM PDT

    EXPELLED: Bitcoin.org DELETES Coinbase, BitPay & Blockchain from their resources pages.

    Posted: 07 Jun 2018 09:31 PM PDT

    In February 2018, Ledger wallet CTO promised to reduce default BCH fees from 10 sat/byte to 1 sat/byte in a week. 4 months later we are still waiting for the change the happen. What's taking so long?

    Posted: 07 Jun 2018 07:59 PM PDT

    Mike Hearn's Crowdfunding Project Has Been Resurrected — Meet Lighthouse.cash

    Posted: 07 Jun 2018 06:41 PM PDT

    "Good money serves rich and poor alike, bad money serves to tax the poor. Bitcoin Cash is good money."

    Posted: 07 Jun 2018 07:50 PM PDT

    420 BTC exchanged for 3 apartments in Montenegro; hotels, restaurants & harbour accept cryptocurrencies

    Posted: 07 Jun 2018 09:39 AM PDT

    Many thanks to COINGEEK's team for listing CoinEx on their exchange directory!

    Posted: 07 Jun 2018 11:21 PM PDT

    2 More Bitcoin Cash Mining Pools Agree to Process Zero-Fee Transactions

    Posted: 07 Jun 2018 10:51 PM PDT

    In August 2018 it will be 3 years since /r/Bitcoin started their massive censorship and manipulation campaign.

    Posted: 07 Jun 2018 10:49 AM PDT

    Re: Crypto-Austrians and Crypto-Keynesians

    Posted: 07 Jun 2018 07:03 PM PDT

    First UTXO Commitment on Testnet

    Posted: 07 Jun 2018 09:33 PM PDT

    Seems like rBTC is now almost as popular as rBitcoin

    Posted: 08 Jun 2018 12:13 AM PDT

    My preferences are set to show 50 threads per page.

    submitted by /u/normal_rc
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    The Bolivar just exploded through the 2 MILLION to 1USD mark.

    Posted: 07 Jun 2018 01:27 PM PDT

    Everyone will deny this will happen to them, until it does. It's coming for us all.

    submitted by /u/bearjewpacabra
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    Sign up for beta testing Spend and Replace on CashPay!

    Posted: 07 Jun 2018 04:10 PM PDT

    This local transportation jeepney in the Philippines is set to be accepting digital payments soon. | Photo credits: The Global Filipino Investors

    Posted: 07 Jun 2018 07:53 PM PDT

    Cointree, an Australian crypto exchange is about to launch new platform and add full support for Bitcoin Cash (another win for Bitcoin Cash!)

    Posted: 07 Jun 2018 11:47 PM PDT

    Cointree, an Australian based crypto exchange, is about to launch new platform which will fully support Bitcoin Cash and not just BTC (so far you could buy Bitcoin Cash by first buying BTC then converting it to Bitcoin Cash, but you can not send Bitcoin Cash into Cointree)

    submitted by /u/---Ed---
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    r/bitcoinmarkets shadow deleting posts to fool users

    Posted: 07 Jun 2018 10:26 AM PDT

    Two new useful Bitcoin Cash tools

    Posted: 07 Jun 2018 03:39 PM PDT

    Here's our quick review of two new web-apps for Bitcoin Cash we wanted share with you after updating http://devs.cash,

    Chainfeed.org

    The first one is http://chainfeed.org. Chainfeed listens and aggregates updates from multiple BCH-blockchain utilizing social applications, such as http://memo.cash and http://blockpress.com. It's like a live feed of activity on these multiple networks. What we found really interesting (and useful) was that it can create filter pages, so we decided to use it for our project at http://bitfund.cash. These filter pages let you type anything and see if anyone posted recently about that, kind of like a Twitter search, but for multiple Bitcoin Cash social networks. Nice! It's already a very useful tool and we look forward to what comes next for this project. Example: https://chainfeed.org/filter/cash -- it also comes with an API called the chainfeed firehose API. https://chainfeed.org/api/

    Read.Cash

    Also on /r/btc this week, we found another great tool by the same author, it is called http://read.cash - It seemed to good to be true, but sometimes there are apps that really are good and true and this is one of them. If you're on memo.cash, blockpress.com, yours.org and others, (including your mobile wallet I think), you can add your address to watch (read-only) your app-wallet balances really easily. Yes, it polls the latest info from public blockchain API's. It is client-side, open-source. As the author states, the "entire app is purely frontend based HTML. There is no backend that stores your data. In fact, you can even run it on your own local machine if you want. The source code is 100% open source and designed to be as transparent as possible." - Very nice.

    One example use, you can load up http://read.cash in your mobile browser and keep track of your wallet balances on-the-go, on Android for example, you can choose "Add to homescreen" and it will appear as an App icon on your home screen.

    This has already made using these new Bitcoin Cash social apps more fun, and we are looking forward to what comes next for http://read.cash

    submitted by /u/Akari_bit
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    Second Largest Bitcoin Cash Mining Pool Accepts to Process Zero-Fee Transactions

    Posted: 08 Jun 2018 01:33 AM PDT

    Bitcoin BCH keeps rolling ... Deal with it.. ��✌️

    Posted: 07 Jun 2018 10:59 AM PDT

    If you are in Seoul next week, be sure to help us put the currency back in crypto-currency by attending the BCH meetup!

    Posted: 08 Jun 2018 12:13 AM PDT

    For the benefit of people who are new to the space, this video is one of those must see. It explains how Bitcoin was hijacked and then you may understand why Bitcoin Cash happened.

    Posted: 07 Jun 2018 12:58 PM PDT

    The Lightning Network 'revolution'

    Posted: 07 Jun 2018 04:00 PM PDT

    The public opinion of the Lightning Network can be roughly divided into two camps.

    1. Those who believe it'll solve all of BTC's scaling problems, and that all the technical challenges will be overcome in time.
    2. Those who believe that either the technical challenges are impossible to solve, or that the end product will not work as intended, or both.

    This sub is quite firmly in camp 2, and thus have little faith in the LN at all. But even most critics of the LN don't seem to have understood exactly how centralized the system is going to become.

    We've all seen the predictions of a hub-and-spoke topology, and now we've seen those predictions come to fruition. It is, however, very naïve to think that it'll stop at that.

    The technical challenges with entering and exiting the system, and with finding payment routes, are still enormous, yet the system is being rolled out anyway, and the issues are handwaved and ridiculed. Why?

    I suspect the LN was never intended to be a peer2peer system at all.

    Most everyday users don't care what happens 'under the hood' when they use any system.

    I believe at some point, unless another system overtakes BTC as the dominant cryptocurrency, banks will start opening giant liquidity channels between themselves. They will refuse to open channels with individuals, and lobby governments to apply the same KYC/AML laws to LN nodes as are applicable to current payment facilitators.

    These banks will then offer their customers access to the liquidity in these channels, to enable instant international transfers. Over time more and more banks will latch onto this separate Lightning Network, and since they are commercial entities and the network will stay relatively small (there are about 15k banks of any size in the World), they'll be able to keep real-time maps of the network, and can use a conventional graph search algorithm to find the routes. This would never be feasible with more than a few thousand individuals on consumer hardware, but when all the nodes are commercial actors, routing suddenly isn't a problem after all. This would explain the ridiculous handwaving of the problem, both in the LN Whitepaper and by its developers.

    Since people don't need access to all of their liquidity all the time, there is nothing stopping any of the banks from promising more liquidity than they can provide at any one time. Since their customers are never actually given access to the BTC, but only see a balance when they log in to their online banking, this is guaranteed to happen.

    I believe this to be Blockstream's endgame; as soon as they decide the current LN sticker-shop testnet phase is over, they will file patents on the tech. Then they'll license the tech to the current banking industry to enable them to seamlessly port their current fractional reserve system over to BTC, all the while claiming assertively that it's still Bitcoin.

    The word 'revolution' has two opposing meanings.

    LN supporters promote it as definition 1: a disruptive fundamental change within a paradigm, or a shift to a completely new paradigm.

    I believe the LN insiders are planning for definition 2: a complete rotation back to the original starting point.

    submitted by /u/stiancarlsen
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    Remember the "Fidelity Problem?" They wanted to switch on their beta but could not because it would instantly fill Bitcoin's capacity. Now BCH is here and they are getting back into crypto.

    Posted: 07 Jun 2018 09:32 AM PDT

    Should the Bitcoin Cash blockchain be used to permanently publish/index .torrent file metadata?

    Posted: 07 Jun 2018 01:01 PM PDT

    I'm a BitTorrent client developer.

    I'm currently working on ways to make BitTorrent Indexing websites obsolete as they continue to be points of failure in the way of content publishing and content discovery for BitTorrent users.

    We are doing this without a blockchain (clever use of our current Kademlia DHT and a distributed search/indexing protocol), but it wouldn't hurt to have SOME of the content indexed forever in an indestructible, permission-less and distributed data store such as the Bitcoin Cash Blockchain.

    We see the blockchain is being used for micro-blogging (Memo.cash, Blockpress.com) without much controversy, if people are willing to pay to talk, maybe a set of users might be willing to pay a few cents to publish their works on the blockchain and have the best reassurance that content won't be censored for as long as that blockchain lives.

    Our BitTorrent client would now have an optional action for seeded .torrents along the "Publish Forever to Blockchain" lines. Initially the user would get an explanation of what this is about and why it needs to be paid for, a simple wallet would be integrated in the client so the user can load a balance and start publishing torrents on the network.

    We'd use merkle torrents (they keep a merkle root hash instead of all the hashes to every torrent piece) if possible, if not, we'd add the .torrent's infohash and whatever user metadata can be fit into what the Memo.cash and Blockpress.com people are using to send tweets.

    Every torrent client in the world could scan the blockchain and create a local (or distributed if it's too big) index, no more torrent index websites needed (for that content), it'd be up to client developers to sort out spam issues, for example algorithms such as "Trust is Risk" could be used to make sure we trust content only through the people we trust and not by what spammers may have attempted to do.

    Yay or Nay?
    Please Vote:

    Poll on Memo.cash

    Poll on Twitter
    and let's discuss here on reddit what all of this triggers in your brain.

    submitted by /u/gubatron
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