• Breaking News

    Saturday, December 22, 2018

    BTC Dont be this wife. #cryptocurrencyeducation

    BTC Dont be this wife. #cryptocurrencyeducation


    Dont be this wife. #cryptocurrencyeducation

    Posted: 21 Dec 2018 06:22 PM PST

    Evidence of Censorship in The Ethereum Subreddit Following Consensys Layoffs | The ICO Economist

    Posted: 21 Dec 2018 07:25 PM PST

    How CSW likely plans to steal Satoshi Nakamoto's coins on the BSV blockchain and make $100 million dollars

    Posted: 22 Dec 2018 12:59 AM PST

    Statement on CoinGeek Sponsorship

    Posted: 21 Dec 2018 03:26 PM PST

    Ron Paul: The Fed is Dead, Now Tax Free Crypto

    Posted: 21 Dec 2018 07:38 AM PST

    Learn About the BCH Network With Bitcoin.com's 'Mastering Bitcoin Cash' - Bitcoin News

    Posted: 21 Dec 2018 08:28 PM PST

    PSA: Just a warning that things that sound good in theory don't always work very well in practice. Check out https://www.reddit.com/r/dtube/, decentralised youtube sounds good right? But IPFS and the way d.tube work have a lot of drawbacks. People need to be honest about them.

    Posted: 22 Dec 2018 12:22 AM PST

    Before I went on to yours.org, I had to make a decision about putting any effort in to steemit. It all sounded so good and nice. So I post my content and if I just post good enough content I might make over a 1000 dollars of revenue on a single post! But then I rationally thought about what the steemit website was trying to tell me. And I realized that the life of a person on steemit consists 99% of tit for tat and 1% of creating actual content. On steemit you just need to convince enough other people to upvote your content and promise them you will upvote it back. If you thing Youtube is getting gamed right now, how about a system like that? Anyway, steemit works together with d.tube which is basically just bittorrent but for youtube videos.

    We all know that sometimes a torrent does not work because there are no seeders. Even an amazing movie that is really worth watching might have no seeders. So what about a 2 hour video of Kain_niaK rambling while being sleep deprived. How valuable is something like that for a bunch of people to be willing to have my shitty content take up their valuable hard drive space.

    So if you go on to /r/dtube/ right now you and you compare it with what is was 12 months ago you can compare theory with practise.

    Theory --> You are going to direcly make money with your video content.

    Practise --> you have to pay people to hostyour videos, if you don't pay they stop hosting.

    This means that the revenu you create from your own video content needs to be higher than the cost to host it.

    This is all pretty straight forward and rational. Yet when it comes to the dream of becoming rich without really having to be successful with anything. All of this rationality kind of goes out of the window. Until reality hits you in the face, it's just a matter of time.

    Moral of the story: Please rationaly figure out over arching mechanism and ask questiosn about them and if they don't make sense and nobody is willing to anwser your questions you should go look for something else and not waste time building castles in the sky. Which is a proverb that will probably get replaced with building "blockchains in the cloud"

    submitted by /u/Kain_niaK
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    Why Coinbase is expecting a massive 2019

    Posted: 22 Dec 2018 12:32 AM PST

    Coinbase Lobbying For Crypto Tax Exemption?

    Posted: 21 Dec 2018 02:35 PM PST

    PSA: Figuring out the correct HD Derivation Paths is still a PAIN IN THE ASS.

    Posted: 22 Dec 2018 01:27 AM PST

    This is probably why EC gives you a warning on using BIP39 seeds. If we don't fix this, backwards compability is going to be a completely pain in the ass in the future.

    Imagine a world where my EC wallets needs to generate wallet using 3000 deviation paths before it finds one that generates the address I am looking for. And right now you need to do it manually.

    /u/jonald_fyookball how do you feel about this? HD dev paths are really pissing me off. The one the website gives never works in EC, you need to play around it with it till you get lucky or know the right person to help you before they work.

    submitted by /u/Kain_niaK
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    If you are using Njalla to register your domains, ask them to re-enable BCH payments.

    Posted: 21 Dec 2018 01:01 PM PST

    Youtube is being gamed and abused and content creators on Youtube are suffering more and more. WE NEED TO GET SHIT READY FOR THE INFLOW OF THESE CREATORS. (I use to make 100 USD a year with my youtube, which is also gone now, but then I went to yours.org ... which is ALSO gone now)

    Posted: 21 Dec 2018 10:26 PM PST

    I own a very large and active Gun Rights following on Facebook. 120k+ followers and lots of engagement. I want to start introducing them to Crytpo and relate it to Gun Rights... any suggestions?

    Posted: 21 Dec 2018 08:56 AM PST

    This audience is about 50% trump supporters and 50% Libertarian. I've done some polling with them about Crypto and about 75% of them are either not interested or believe it's a scam. I view this as an opportunity for persuasion. They already grasp the importance of liberty, private property, and have a healthy distrust of the State. So, with the right approach, I believe I can get many of them to see the value in the blockchain. If I can even change the minds of 10% of them, that's thousands of new people who could potentially enter the crypto market.

    So, I'm just reaching out to see if any of you guys have some ideas on how to best approach them on this, and relate it to Gun Rights.

    submitted by /u/AnarchoCicero
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    A new BCH- powered project in the works called Bookchain aims to record essential books on the Bitcoin Cash (BCH) chain so the written words cannot be silenced, banned, or purged.

    Posted: 22 Dec 2018 12:04 AM PST

    Some changes honest.cash should make. by @Kain_niaK | Honest Cash

    Posted: 22 Dec 2018 01:22 AM PST

    Electron Cash 3.3.3 available for Windows, Mac, and Linux

    Posted: 21 Dec 2018 07:38 AM PST

    Lock Coins Until Price Meets Threshold

    Posted: 21 Dec 2018 04:29 PM PST

    Now that we have DSV, I'm thinking a cool use of it would be a cryptographically proven lock of funds for people who want to put their money where their mouth is concerning how they value Bitcoin Cash. This would depend on a trusted party acting as an oracle, but the idea is this:

    Anyone who has some extra funds for hodling (not your spending stash) can lock their coins to not be spent before the price reaches a price threshold, say $5,000 per coin. Then a website can be set up as an index to track the total of all of these locked coins.

    If a large number of coins are provably taken off the market until we reach said price, someone might look at that as a quantifiable indication of how others value the coin.

    ---

    Is anyone interested in this? We would need a trusted party (who's willing to put their reputation on the line) to relay the price to any transactions depending on said lock. I'm thinking Coinbase or Bitcoin.com might be the best bet as far as reputation goes, but there might be others.

    submitted by /u/loomenaughty
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    Bitcoin Unlimited - Bitcoin Cash edition 1.5.1.0 has just been released

    Posted: 21 Dec 2018 07:47 AM PST

    Download the latest Bitcoin Cash compatible release of Bitcoin Unlimited (1.5.1.0, December 20th, 2018) from:

     

    https://www.bitcoinunlimited.info/download

     

    This is a major release version based of Bitcoin Unlimited compatible with the Bitcoin Cash specifications you could find here:

    List of notable changes and fixes to the code base:

    • 10x transaction processing performance
    • Extended version message: xversion
    • Adding a checkpoint at height 556767 both for the SV and the BCH chain
    • Reduce Graphene and Xthin preferential timer to 1 second default (it could also be disabled)

     

    Release notes: https://github.com/BitcoinUnlimited/BitcoinUnlimited/blob/dev/doc/release-notes/release-notes-bucash1.5.1.0.md

     

    PS Ubuntu PPA repository for BUcash 1.5.1.0 will be updated later today.

    submitted by /u/s1ckpig
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    BCH-Powered Bookchain Aims to Protect Literature From a Dystopian Future - Bitcoin News

    Posted: 21 Dec 2018 04:28 PM PST

    Yesterday all SV-supporters gathered at a beach. Ryan stayed in the background. Dr CSW took the photo.

    Posted: 21 Dec 2018 10:22 PM PST

    Ryan's last presentation is revealing where BSV is heading to: a reputation based centralized payment system

    Posted: 21 Dec 2018 07:57 AM PST

    So I listened to the 55 Minute long presentation that Ryan X Charles held this week because I was curious what he is up to now and if there is anything in his speech that reveals where BSV is heading, since I still haven't seen any official road map.

    The speech is an interesting piece because it seems to reveal the road map of BSV, I can recommend watching at least the parts I'm pointing out below.

    https://youtu.be/CrV0cS21bE8

    There is a lot of non technical argumentation against Bitcoin Cash, not at all similar to the way he discussed with all of us before the fork. If you want to be spared that part, skip the first 30min of his presentation.

    CTOR and DSV are completely irrelevant in his opinion now which is interesting because these points were his main arguments for choosing BSV over BCH before the fork.

    The interesting part starts around half an hour into the speech :

    Minute 34: He explains the intents to introduce a trust based system to evaluate the trustworthiness of new users.

    Minute 36: He proposes entities (companies) that should take over control of transaction validation from users, and do it in exchange for money. So you want to transact BSV, you pay that entity.

    Minute 38: Ryan describes "peer-to-peer electronic cash" as 2 users trusting each other without validating their own transactions by themselves. They trust each other because the previously described entity has validated that they are trustworthy. He says that this is what peer-to-peer transaction means.

    Then he starts to talk about taking Bitcoin to space and continuing the blockchain on other planets. All this can basically be skipped as well as its pure speculation.

    On various occasions during his speech he compares BSV to the lightning Network, prognosing that BSV will become what LN wants to be.

    There is more eye brow raising claims about scaling BSV for World adoption. About how every possible thing will be done using the blockchain. Basically he is describing an utopia in which BSV is present everywhere in our daily life.

    Miners will mine BSV just because they can basically. They will basically be busy making new hardware and concentrate just on doing that.

    At minute 54 he warns that mining hardware will appear one day that will be able to mine all coins and that moment will be the doom of the entire market and only BSV will survive that. I was really surprised about that statement because this mining hardware already exists of course in form of CPUs.

    If Ryan's explanations align with the plans of nchain which im assuming since he is close to CSW and had a lot of insight into nchains plans before the fork, this means that:

    • BSV will introduce a "validator" that will get paid to validate your transactions. Users won't validate their transactions by themselves anymore.
    • new users will have limited rights to use BSV. There will be a reputation system that will validate if you are trustworthy or not.
    • miners will be stripped of their right to vote and validate transactions. They will create blocks with transactions, but won't decide if transactions are even valid or not. Miners will become pure service providers, not anymore be the backbone of the network and safety of the chain.

    BSV will not be a trustless, decentralised peer-to-peer electronic cash system anymore, if Ryan's explanations of what is to come are actually true.

    From what he is explaining, it doesn't even make much sense to use a PoW system anymore. Why use Bitcoin, a decentralised trustless system, as a base at all?

    What do you think?

    EDIT: I am banned now from participating in /bitcoincashsv

    EDIT2: The person who banned me is /u/satoshi_vision ... See my other post for more details

    submitted by /u/grmpfpff
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    Sending Bitcoin to friends is now easier than ever with Coin Ninja, the Venmo for Bitcoin - CryptoMeNow

    Posted: 22 Dec 2018 01:42 AM PST

    Gateway.cash improvements list: ✔Callback URLs:DONE ✔Native currencies:DONE ✔Custom audio:DONE ✔Automatic dialog closing:DONE ✔Client-side callbacks for real-time applications:DONE ✔Instant WebSocket payments:DONE ✔Direct deposit to address:DONE ✔Far improved error handling: DONE

    Posted: 21 Dec 2018 08:19 AM PST

    Is there a bch youtube replacement?

    Posted: 21 Dec 2018 09:12 PM PST

    There is near daily youtube drama from content creators. Is there a bch youtube replacement that content creators can use to avoid youtube bs. Honest is just blogs AFAIK.

    submitted by /u/crookedkr
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