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    Home Unlabelled BTC The SLP Torch is on it's way

    BTC The SLP Torch is on it's way

    March 07, 2019

    BTC The SLP Torch is on it's way

    The SLP Torch is on it's way

    Posted: 07 Mar 2019 12:32 AM PST

    This should be an interesting and permissionless tour. Thanks to /u/cipher_gnome for thinking it up and getting it started. It has been fun to see it going across the twitterverse:

    If anyone with the right skills makes a tracker to show all the tweets / messages as it moves, it could be a nice mini-epic and fun piece of history.

    submitted by /u/emergent_reasons
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    Largest Private Bank in Russia Launders $9 Billion While Bitcoin Remains Focus of Regulators

    Posted: 06 Mar 2019 11:57 AM PST

    1.3 Million Leaked Transactions Link Major Banks to $8.8 Billion Money Laundering Scheme

    Posted: 07 Mar 2019 01:20 AM PST

    YouTube embeds are now working on honest.cash just not perfect yet ....

    Posted: 06 Mar 2019 11:13 PM PST

    Starbucks To Accept Bitcoin As Payment Facilitated By Bakkt

    Posted: 07 Mar 2019 12:27 AM PST

    The developers behind this service have confirmed that they will be supporting BCH remittance soon, for the obvious reason!

    Posted: 06 Mar 2019 10:18 PM PST

    BCH mempool nearing 1MB, full of 2sat/byte txs. Any ideas what's happening?

    Posted: 07 Mar 2019 01:09 AM PST

    We are building a chain of Torch bearing peers, the likes no other Torch bearers have or can outdo.. Join in the fun, get your Badger wallet ready!

    Posted: 06 Mar 2019 11:57 PM PST

    Dr. Dr. Craig Satoshi Wright gets bogus prize from bogus conference

    Posted: 06 Mar 2019 09:12 AM PST

    This Coingeek article announces that Craig got a €200 prize for a paper he submitted to the ICICT conference.

    The prize is in fact only a voucher to buy e-books from Springer (which are very expensive but cost nothing to them).

    But the conference itself is bogus. This page {archived} claims that Prof. Dan Boneh from Stanford is on the technical Program Committee. I asked him, and he says that he never heard of the conference.

    I would write to Dr. Aynur Unal too, if someone told the e-mail of "Standford University, USA".

    PS. More explanations in this comment to another thread..

    submitted by /u/jstolfi
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    4 of Tokyo's Hottest Nightclubs Plan to Accept Bitcoin Cash

    Posted: 06 Mar 2019 12:59 PM PST

    Samson Mow, CSO of Blockstream, explains in a fireside chat that Lightning still has a long ways to go before being usable, there is no original plan for Bitcoin to be a p2p electronic cash system, Bitcoin is not a payments network, and more! ⚡️��‍♂️ (video inside tweet)

    Posted: 06 Mar 2019 11:15 AM PST

    Ethereum has tokens (ERC20, ICOs)... Now Bitcoin (BCH) has its own token system as well (Simple Ledger) ✌️

    Posted: 07 Mar 2019 01:29 AM PST

    Finally: r/btc has more visitors than r/bitcoin

    Posted: 06 Mar 2019 10:34 AM PST

    If liquidity and routing is solved...

    Posted: 06 Mar 2019 09:05 PM PST

    ... still, lightning money is different from bitcoin on chain coins

    • you need to backup all the cheques, meaning for full security you need a backup for every new cheque you write or receive. A backup of a seed, the normal backup type for coins, also secures coins to be received in the future. Continous need for new backups is slightly inconvenient, in practice bitcoins stored in lightning channels carry a slightly higher risk

    • You need to be online frequently to watch your channels for wrong closing from your channel partner. This is impractical, and in practice bitcoins stored in lightning channels carry a slightly higher risk.

    • Sometimes you want to pay with on chain coins, sometimes you want to pay with liquidity you have in a lighning channel. Since there is a cost to loading up and closing channels, your money is divided in two pools. This means you need to have a slightly higher cash balance than otherwise would be necessary, at least for some actors, like businesses, who generally want to have all their money at work in the form of capital, not money.

    TLDR and takaway point: While these concerns are rather small, the effect is that any holder of money, small or large, will prefer to hold coins on chain, which is the better money. This is basically Gresham's law, which make a statement on money types with slightly different traits that are pegged together. Lightning coins will be pushed off to others or converted to on chain, on chain coins will be kept.

    submitted by /u/ErdoganTalk
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    Samsung Galaxy S10 Has Native Support For Ethereum, Not Bitcoin: Pre-Release Device

    Posted: 06 Mar 2019 08:21 PM PST

    May 2015 : "Is the Blockstream company the reason why 4 core developer won´t increase the blocksize?"

    Posted: 07 Mar 2019 02:11 AM PST

    Jonha Richman: Why the current crypto winter is great for the industry

    Posted: 07 Mar 2019 01:27 AM PST

    Why are there commissions on the cryptoexchanges?

    Posted: 06 Mar 2019 11:41 AM PST

    Potential Use Case for Tokens on Bitcoin Cash -- Coupons

    Posted: 06 Mar 2019 02:56 PM PST

    Cryptocurrencies take over Caracas signage (and financial ecosystem)

    Posted: 06 Mar 2019 09:34 PM PST

    what is the best btc wallet?

    Posted: 07 Mar 2019 01:55 AM PST

    I search so many btc wallet..what btc wallet is okay? i will use my debit card to buy some bitcoin... and what application has low fees... ?

    submitted by /u/miemontillano
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    Turkish Real Estate Agency Sells 9 Houses for Crypto

    Posted: 06 Mar 2019 04:58 PM PST

    Let's all Pause to Consider the Absurdity and Irony of "Bitcoin" in 2019

    Posted: 06 Mar 2019 07:29 AM PST

    Ten years ago, on the eave of what promised to be a global economic collapse, an anonymous individual or group of individuals unleashed unto the world a new technology. Bitcoin was about freeing the world from the kleptocrats that control global wealth. These "stewards" of the global economy had utlimate control of the money supply, and they'd managed to fuck it up so badly that the world was bracing itself for a depression to rival the collapse of the late 1920s. Bitcoin promised a new way; an elegant system built on computer science and sound economics - a system inherently free of government, ideology, oligarchical control - a system built on transparency and immutability. Bitcoin was about wresting power back from the very real agents of socioeconomic oppression. It wasn't just peer to peer electronic cash, it was a revolution writ in code and voluntarist theory.

    Ten years later, what the populace calls "Bitcoin" is nothing more then another speculative asset for the wealthy. We learned nothing from the economic downturn that birthed Bitcoin because we trusted the stewards to pull us back from the brink. Instead of solving problems, all they did was print money - money that was and is meaningless and represents no actual value. And in the interim, "Bitcoin" has been coopted by an army of bleating hogs who now conveniently ignore it's original purpose, call it a store of value, and go to bed hodling and dreaming of overnight riches that they will realize in meaningless, endlessly printable fiat money. How has this happened? Because the billionaire class made sure it would happen. Satoshi's elegant system had one flaw - namely, it was always reliant on adoption by people; people who are gullible, greedy, quick to emotion, and generally imperfect economic entities. As long as the "stewards" control the means of communication, they control what "Bitcoin" is.

    Now think about what we've seen over the just the past few weeks. Those who champion "Bitcoin" as they've come to know it are hanging all their hopes on a fundamentally untested second layer "solution" that throws away all of the economics of Satoshi's system. The developers of said "solution" freely admit that it's not ready for prime time, but the hogs won't hear it. Instead, they prop up "thought leaders" such as Jack Dorsey - a man who has made a fortune over the last decade by shaping public discourse. Jack is literally a billionaire who controls a major means of censorable communication and he's using his bully pulpit to tell everyone who will listen to buy " Bitcoin." Meanwhile, the next economic storm is brewing. Disenfranchised people all over the world feel the crushing weight of poverty, usury, and the state - and they have no control over the meager wealth that they possess. Don't trust the "stewards," they will not save you. They continue to march the world towards inescapable environmental and economic catastrophy, and they're doing it by hijacking your brains and your wallets with a diabolical Chinese water torture dopamine drip. Jack will not save you, Trump will not save you, but Bitcoin might save you, or at least slow down your demise.

    Make no mistake, if there's any hope for the planet, it starts with Bitcoin, and if there's any hope for Bitcoin, it starts with you - take it back from them.

    submitted by /u/BCH-Withdrawal-Prob
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    The Graphene Block Propagation Protocol: Advantages and Limitations/Challenges

    Posted: 06 Mar 2019 10:42 AM PST
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