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    Friday, August 31, 2018

    BTC Me browsing /r/btc

    BTC Me browsing /r/btc


    Me browsing /r/btc

    Posted: 30 Aug 2018 03:53 PM PDT

    Ryan X. Charles : "Craig Wright is Satoshi Nakamoto"

    Posted: 30 Aug 2018 05:56 PM PDT

    @gavinandresen: "I’m gonna do the ‘SOMEBODY IS WRONG ON THE INTERNET” thing: Satoshi’s code was always multithreaded."

    Posted: 30 Aug 2018 11:54 AM PDT

    After the censorship shitshow that 2017 was, it's very refreshing to sit here and see the debate unfold, censorship free.

    Posted: 30 Aug 2018 06:10 PM PDT

    Don't get me wrong. I wish this wasn't going on. But it's nice to see the debate happening with the heavy hand of censorship.

    I haven't read enough about both sides of the issue to form a good opinion on the matter, so I prefer not to take sides. But the fact that CSW had publicly tweeted that he's willing to do double spend attacks against BCH if he doesn't get his way, kind shows me what a complete piece of shit he probably is. Seriously, if you want to fork and split, go for it. Go ahead and break away from BCH. Pick a name, write the code and do a clean split. But don't go threatening people.

    submitted by /u/plazman30
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    Some say protocols should use OP_FALSE for burning coins (hint: it doesn't work in practise)

    Posted: 30 Aug 2018 11:07 PM PDT

    There is some discussion about the use burn addresses. Counterparty, a meta-layer protocol on top of Bitcoin, first used an approach to generate their native token: when an user sent BTC to 1CounterpartyXXXXXXXXXXXXXXXUWLpVr, the protocol automagically generated Counterparty tokens.

    Wormhole Cash used a similar approach: they generate their native token WHC by sending BCH to a similar vanity address.

    Someone then spread the rumor they may hold the key for that destination and sending coins to a vanity address isn't a good way. He continued by proposing to send coins to a script with OP_FALSE. This op-code ensures the script always fails.

    In theory this is a better approach, because this script is guaranteed not spendable, but this doesn't work in practice: only a handful of output scripts are considered "standard", which is the Bitcoin way of saying, they are forwarded and accepted by nodes and miners. This includes scripts sending coins to a pubkey, a pubkey-hash, a script-hash, a bare-multisig script, or OP_RETURN scripts. The related templates are defined here.

    When trying to create a transaction with different scripts, they are not accepted, forwarded or mined by your own, others, or miner's nodes, which haven't changed their standardness-policy (which no one has ever done, except Luke-Jr with Eligius, as far as I know).

    This means: burning coins with OP_FALSE does not work in practice.

    While there certainly are other approaches than sending coins to a vanity-address, like sending coins to an OP_RETURN script, which also evaluates to false, claiming the use of OP_FALSE is a better approach doesn't factor in what's actually possible in practice.

    submitted by /u/dexX7
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    Memo has reached 200,000 on-chain actions!

    Posted: 30 Aug 2018 04:05 PM PDT

    How to Monitor the BCH Stress Test and Get Involved

    Posted: 30 Aug 2018 04:51 PM PDT

    Jtoomim explains why Coingeek/nChain will lose even if we accept the probable lie that they currently have the majority of the hashpower; making all this min-POW talk wretched subterfuge.

    Posted: 30 Aug 2018 10:54 PM PDT

    ViaBTC has more BitcoinCash hashrate than CoinGeek today.

    Posted: 30 Aug 2018 08:52 PM PDT

    Dinner paid with Bitcoin Cash �� | Berlin, friedelrichter.de

    Posted: 30 Aug 2018 06:16 AM PDT

    Listen to Ryan Charles tell us a previously unheard story of Clemens Ley's investigation into the Turing completeness of Bitcoin and how they met Craig Wright

    Posted: 30 Aug 2018 07:15 PM PDT

    Bitcoin Cash Scaling Roadmap According to Bitcoin ABC

    Posted: 31 Aug 2018 12:03 AM PDT

    Using PGP signatures with bitcoin script OP_CHECKDATASIG

    Posted: 30 Aug 2018 07:13 PM PDT

    Nchain/coingeek want to be the lead developers with the reference client software. They also claim to have majority hashrate to decide the outcome. I don't believe they do but they do then that would be a massive centralisation of bch. Lucky users still have power though and can just dump sv chain.

    Posted: 30 Aug 2018 09:18 PM PDT

    "Satoshi's Vision' implementation already showing signs of incompetance

    Posted: 30 Aug 2018 10:16 PM PDT

    Even though they just forked ABC and have only added little new code, a brief review has already revealed these guys are amateurs. Greg took some time to briefly review the changes and stopped after a few lines after already seeing huge obvious problems.

    https://github.com/bitcoin-sv/bitcoin-sv/commit/74922dd1f7b802755c158cb448205aac150579b4#commitcomment-30346598

    submitted by /u/btctime
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    'I think Craig Wright is a net negative for Bitcoin that conned an amazing soul (Gavin). A patent/ego/divisive conman, luring people in under "I'm Satoshi, but I'll keep you guessing". I'm one of the few people left that's been there since the beginning, and he's nothing like him.'

    Posted: 30 Aug 2018 06:01 AM PDT

    "I'm not here to fucking come out and take bloody satoshi as a mantel and fucking take over everything. I don't give a fuck. (...) I'm coming here, setting things right (...) then I'm FUCKING DISAPPEARING, GOT IT?" -- CSW 2016

    Posted: 30 Aug 2018 09:04 PM PDT

    Bloomberg seem to think that LTC has a huge organic community, and BCH is a scam using bitcoin's name to trick newbies. Any popular influential bitcoiner care to get in touch with them and explain the situation?

    Posted: 30 Aug 2018 01:39 PM PDT

    The weakest link is the dev team. As long as they are known publicly the project can be derailed into a Paypal 2.0 chimerism which is exactly why SN did everything he could to keep his real identity secret.

    Posted: 30 Aug 2018 10:36 AM PDT

    I can't think of anything that can be done except never to alter the code fundamentally, which isn't very attractive in a competitive market.

    Relevant: https://i.imgur.com/Y4JScSH.png

    submitted by /u/unitedstatian
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    Why is Everyone Ignoring the Chinese Elephant in the Room?

    Posted: 30 Aug 2018 01:42 PM PDT

    It's been well-publicized (though maybe not conclusively proven) that Bitmain is heavily invested in BCH, holding upwards of $600M in BCH alone.

    I see an endless waterfall of speculation on this sub about nChain, Ayre, et al acquiring 40% to 51% of the BCH hash rate. Ok fine, that's, best case 51% of the CURRENT hash rate.

    Is everyone so naive as to believe that Jihan is going to sit on his hands and allow effective control of the BCH token to be monopolized by the nChain cartel? Especially as his company prepares to enter the world stage in one of the largest IPOs ever recorded? (Assuming the IPO doesn't fall apart.)

    Is everyone taking crazy pills?

    submitted by /u/BCH-Withdrawal-Prob
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    Payment Platform Bitpay Adds Bitcoin Cash Settlement Services - Bitcoin News

    Posted: 30 Aug 2018 06:23 PM PDT

    Extraordinary claims require extraordinary evidence. Why would SN go to such great lengths and immaculately hide his identity to just reveal himself while Bitcoin is still in its nascent stages? Cmon, community, demand evidence from CSW already

    Posted: 30 Aug 2018 07:12 PM PDT

    Extraordinary claims require extraordinary evidence. Why would SN go to such great lengths and immaculately hide his identity to just reveal himself while Bitcoin is still in its nascent stages? Bitcoin is still just a blip in the world. Cmon, community, demand evidence already from CSW.

    And if he was, wouldn't the media and governments be a lot more interested in him then they are? They(the media) sure were interested in the SN from California . They don't seem too interested in CW

    Enough is enough with this extra drama, No one forced him to come out and reveal himself in the first place. This is not helpful to BCH and just muddying the waters and wasting time and causing unnecessary confusion etc,

    What evidence did he show you Gavin and Ryan?

    SOGOTP

    submitted by /u/anzel2002
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    Telegram bot - Bitcoin cost ����

    Posted: 30 Aug 2018 09:17 PM PDT

    Timeline of the CSW-CoinGeek attack on Bitcoin Cash.

    Posted: 30 Aug 2018 11:23 AM PDT

    Back in March 2018, Rick Falkvinge warned that the BCH community had learned nothing from the Blockstream takeover of Bitcoin, and warned that the BCH community needed to identify toxic sociopaths (like CSW) early on.


    Over time, the divide between CSW and many BCH people began to expand.


    CSW, nChain, billionaire Calvin Ayre, CoinGeek are all aligned.

    And it appears that they bought up anywhere from 40%-51% of BCH hashpower.

    Now they're threatening to launch double spend attacks against BCH exchanges, like CoinEx / ViaBTC.

    Basically, CSW / nChain / Calvin / CoinGeek want to create a hardfork (Bitcoin SV), and insist that everyone follow it as BCH, and they'll launch double spend attacks against anyone in the BCH community who doesn't comply.

    submitted by /u/normal_rc
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    Attacking CSW's Ideas with CSW Proponents who are not at all Getting Paid, An Exercise In Futility - The Cryptorebel Story

    Posted: 30 Aug 2018 07:38 PM PDT

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