• Breaking News

    Tuesday, June 11, 2019

    BTC Bitcoin vs Wikipedia

    BTC Bitcoin vs Wikipedia


    Bitcoin vs Wikipedia

    Posted: 10 Jun 2019 12:41 PM PDT

    Philosopheraus Rex on Bitcoin

    Posted: 10 Jun 2019 11:38 PM PDT

    Craig S. Wright has been ordered to appear in-person in Florida on June 18th

    Posted: 10 Jun 2019 03:18 PM PDT

    ���� There are now 850 gift cards for sale on OpenBazaar. Shop with BCH. No account needed.

    Posted: 10 Jun 2019 09:32 AM PDT

    [WARNING] BFX is SEIZING PEOPLE’S CRYPTO Yet Again ($700K)

    Posted: 10 Jun 2019 03:07 PM PDT

    Someone should tell Naval Ravikant that decentralized media organizations already exist

    Posted: 10 Jun 2019 11:52 PM PDT

    I am lost for words. You have to hear for yourself these delusional words that came out from Ryan Charles mouth. Sounds to me like some doomsday cult.

    Posted: 10 Jun 2019 07:49 AM PDT

    RECORD Hidden Bitcoin Cash Wallet found!! thank you to everyone who topped it up!!

    Posted: 10 Jun 2019 05:13 PM PDT

    Local.Bitcoin.com Shows Lots of Active BCH Listings From Traders Worldwide

    Posted: 10 Jun 2019 08:58 PM PDT

    I made this (bank)note to symbolize how Bitcoin Cash is a world currency. Hope you appreciate it!

    Posted: 10 Jun 2019 10:37 PM PDT

    Gaming the Local.Bitcoin.com reputation system (An exercise in adversarial thinking)

    Posted: 10 Jun 2019 12:43 PM PDT

    Artificially creating a favorable reputation for yourself on an anonymous platform like Local.Bitcoin.com takes some preparation and has a cost, but can be done. The general procedure is something like:

    1. Create your main account, deposit some bitcoin;
    2. Create a sell offer;
    3. Create a new account, respond to the offer and complete the trade. A fee of 1% is deducted;
    4. Create a buy offer;
    5. (Optional) Withdraw the bitcoin. Shuffle. Create a new account, deposit the bitcoin back;
    6. Respond to your own offer and complete the trade. A fee of 1% is deducted;
    7. Your main accout now has 2 successful trades with perfect feedback and a volume of 100x the fees paid;
    8. Repeat from 2 until satisfied.

    The drawback is obvious: it's somewhat expensive. However, for certain target amounts, it might turn out to be worthwile. Indeed, spending 100$ on creating a reputation sufficient to scam someone out of 1000$ using a reversible payment method would be a net win.

    Fortunately, this scheme has a simple game-theoretic mitigation strategy. In essence, if you only trade at most as much as the counterparty account has already spent on fees (about 1% of the stated cumulative trade volume), it would be infeasible for them to cheat.

    Of course, the above scenario only applies to accounts without an existing off-site reputation (e.g., a well-respected Reddit account). Traders with a known good community standing elsewhere are already incentivized to play nice regardless of their Local.Bitcoin.com reputation.

    Your comments are welcome.

    submitted by /u/simon-v
    [link] [comments]

    Time flies. Lighting has been running on BTC for over a year. With about 1000 BTC in channels, would you call it a success or a failure?

    Posted: 10 Jun 2019 03:12 PM PDT

    "people are overpaying in fees" - THINK AGAIN!

    Posted: 10 Jun 2019 06:24 AM PDT

    The argument that BTC fees are high because people overpay is baseless. When the mempool is full there's no guarantee even a 1000 sat/byte tx will get confirmed fast. It depends on the transactions after you.

    For example, looking at the jochen website: Around 5:10 today, the BTC mempool was empty. Let's say you're making a transaction you need confirmed fast and are choosing what fee to pay. You could pay 1sat/byte, because the mempool is empty, but you know better, so you "overpay" and use 40 sat/byte, just in case.

    Welp, you're fucked! The mempool filled a little over 1MB, the average tx fee jumped to over 100 sat/byte. Your transaction was stuck for over two and a half hours, till about 07:40, when the mempool started clearing up :)

    If you don't over-overpay you run the big risk of getting left behind. Overpaying is what the BTC system has been designed to depend on!

    submitted by /u/lubokkanev
    [link] [comments]

    HELP WANTED: CypherPoker.JS needs a team!

    Posted: 10 Jun 2019 02:07 PM PDT

    Please allow me to introduce myself.

    My name is Patrick Bay and over the past few years I've been working on an open-source project called CypherPoker.JS

    It's a decentralized, soon to be anonymous, truly peer-to-peer Texas Hold'em platform that incorporates blockchain technologies and a unique cryptosystem named SRA (based on a MIT research paper from the late 70s), which remove the need for trusted third parties and the things that go along with them: rakes / high fees, censorship susceptibility, etc.

    To the best of my knowledge, to date there's nothing out there like this.

    The ".JS" part means that the software is written in JavaScript for the modern browser, Node.js, and Electron. Basically, it runs on almost any device or operating system and yes, there's a web demo you can try right now (or download the desktop version if you prefer).

    A Short History

    After building the core game engine and a basic but extensible UI I incorporated Bitcoin, pumped up the software's peer-to-peer capabilities, and most recently added support for Bitcoin Cash. Because creating a team was the plan from the get-go I spent plenty of time documenting everything along the way.

    There's plenty more in store for CypherPoker.JS but it's at a point now where I'm not sure I can continue to do it all on my own in a reasonable amount of time.

    So I'm reaching out to YOU, that person who thinks that this is a pretty kick-ass concept-turned-prototype that they'd like to be associated with. It has the potential to transform the online gaming industry, not just poker. Yes, this is that early stage project you've been waiting to join.

    "I'm in! What can I do?"

    Now, I get that not everyone's a coder or designer and there are many shoes that need to be filled if this project is going to continue to grow at a healthy rate. Here are some suggestions:

    • Exposure / Hype

    Most social networks have a way to bring posts to prominence. I'll leave the details up to you.

    Also watch for new releases, updates, and upcoming stuff and share whatever you think is interesting.

    • Developers & Interactive Designers (UX / UI)

    Modern (ECMAScript 2017) JavaScript, HTML5 / CSS3, browser, Node.js, Electron. Make GitHub pull requests with any important / useful / cool things. Some suggestions.

    • Players & Testers

    Give it a try! Make a free test account (no sign-up required), get some free testnet Bitcoin or Bitcoin Cash and make a deposit (instructions on the site). Once the deposit is confirmed you can transfer it to other accounts, including new ones that you create. Be aware of this outstanding issue if you want to use Bitcoin or Bitcoin Cash proper.

    If you find problems, feel free to post them on the subreddit (or DM), tweet about them, or post them directly to the GitHub issues system where they should eventually end up anyway (you can use a free account). I also [do email](mailto:cypherpokerjs@gmail.com).

    • Evangelism

    Spread the gospel of peer-to-peer poker.

    Get to know its deeper inner truths.

    Play it, praise it, grow the flock!

    • Donations

    Those would help a lot, actually. My laptop's been acting up and I'll probably need a new one soon. I also don't have regular internet access; makes working on this project challenging.

    DM me for details (I'm tying to abide by the community rules).

    • Host a Node / Distribute the Code

    If you have some web server space or Node.js / PHP+MySQL hosting please consider hosting a node. Limits have been built into the software (e.g. max database size), so you don't have to worry about it unnecessarily eating up resources. DM or [email](mailto:cypherpokerjs@gmail.com) me for details.

    • Sponsorship

    Tournament funding and advertising are two immediate ideas that spring to mind but if you have any other sponsorship ideas I'd be happy to discuss them. Please contact me via DM or [email](mailto:cypherpokerjs@gmail.com).

    Quid Pro Quo

    Perhaps you need a hand with one of your projects? Maybe you'd like a few guest blog posts? Possibly there's some other reciprocal arrangement you'd like to propose?

    Contact me via DM or [email](mailto:cypherpokerjs@gmail.com) to hash out the details.

    submitted by /u/monican_agent
    [link] [comments]

    How would you best answer the question, "Why do all crypto prices so closely follow the price of BTC?"

    Posted: 10 Jun 2019 06:46 PM PDT

    The way I think of it is that its not that other coins quickly "follow" BTC price but that most coin's volume is trading with BTC so the default price for exchanges is how many of whatever-coin can I get for 1 BTC.

    As BTC/$ price changes it essentially automatically changes the price of the other coin in terms of $.

    Does this sounds about right?

    submitted by /u/Get_a_new_computer
    [link] [comments]

    Linus Sebastian (Linus Tech Tips) discouraged from adopting crypto due to high transaction fees.

    Posted: 10 Jun 2019 08:16 AM PDT

    Bitcoin cash decentralized exchange

    Posted: 10 Jun 2019 12:00 PM PDT

    Are there any decentralized exchanges that that will let me convert my bitcoin to bitcoin cash? I just want to avoid KYC.

    submitted by /u/mozalinc
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    MERCHANT MONDAY - Because Bitcoin was meant to be spent!

    Posted: 10 Jun 2019 06:00 AM PDT

    Merchant adoption of Bitcoin Cash is where it's at. Here are the latest numbers:

    • We've got 1107 online merchants listed on AcceptBitcoin.Cash
    • There are 1152 brick-and-mortar merchants listed on Marco Coino, which is 13 more than last week
    • And you can find 1083 merchants of all types on Green Pages, which is 5 more than last week

    If you know a business that might be interested in accepting Bitcoin Cash, try sending them to https://bitcoincashers.org/intro/for-merchants/.

    And if you convince a business to accept BCH, let us all know below!

    submitted by /u/NeonWasteland
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    Is it already possible to spend many UTXOs on Electron Cash using Schnorr?

    Posted: 10 Jun 2019 09:59 AM PDT

    If I have activated the Schnorr signatures in Electron Cash and I make a payment by spending several UTXOs, will the transaction be signed using Schnorr? And if so, does it matter whether the UTXOs are deposited at multiple addresses?

    submitted by /u/darthroison
    [link] [comments]

    Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Bitcoin Cash Margin Trading

    Posted: 10 Jun 2019 09:59 AM PDT

    I created an online clothing brand and it accepts Bitcoin! Didn't realize I had that option til' I did.

    Posted: 10 Jun 2019 11:35 AM PDT

    【BULLISH】The first stable coin on BCH be alive-https://www.honestcoin.io/

    Posted: 11 Jun 2019 01:54 AM PDT

    Chinese Crypto Entrepreneur Killed Himself after 2000 BTC Loss Using 100x Leverage

    Posted: 11 Jun 2019 01:35 AM PDT

    Vancouver Bitcoin ATMs are About to Go Extinct

    Posted: 10 Jun 2019 01:21 PM PDT

    It seems this guy will help you trade your other cryptos for BCH

    Posted: 10 Jun 2019 02:23 AM PDT

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