BTC TIL: There is a fundraise for Bitcoin (BCH) development. Come on guys, let's show our developers some love.

TIL: There is a fundraise for Bitcoin (BCH) development. Come on guys, let's show our developers some love.
An incomplete history of the Bitcoin Cash's origin and the Minimum Viable Fork project
Jtoomim: "@MarkLundeberg and I had a proposal for a similar system that would be trustless and non-custodial email address payment system built upon PGP and BCH a while ago. You might find it interesting. Not yet implemented, though."
Brains.....
Assange exposed to severe abuse - UN expert
Erik Voorhees on Twitter: “I wonder if you realize that if Bitcoin didn’t work well as a payment system in the early days it likely would not have taken off. Many (most?) people found the concept of instant borderless payments captivating and inspiring. “Just hold this stuff” not sufficient.”
Effectively, the "store of value" argument in Bitcoin comes down to saying that having a heavier and harder to move gold is better than a lighter easier to move gold
As the number of multi-coin PoS systems in Australia declines, Bitcoin Cash merchants are about to eclipse their dominance.
what do the following have in common: Australia, Canada, USA, Hong Kong, Jamaica, Liberia, Namibia, New Zealand, Singapore, Taiwan, Caribbean Netherlands, East Timor, Ecuador, El Salvador, the Federated States of Micronesia, the Marshall Islands, Palau, Zimbabwe
Been a fan of Bitcoin since 2013, I was in 8th grade when I discovered it, Bitcoin Cash is Bitcoin.
Very impressed with Norwegian site handlekrypto.com, took me about 2 seconds to receive my Bitcoin Cash after paying with Swedish SWISH.
The new narrative of the shills who moved to promoting bsv: Bitcoin was meant to be government-friendly
The Art of Rewriting History ... File this under Deception!
Reminder it's now been 18 Months and Lightning isn't ready yet.
"A public ledger will force government to be transparent" -- No, they will just deem all their transactions as "National Security." The government will be able to "legally" obfuscate coins, while the commoner will be forced to use custodial multisigs on a transparent chain.
My response on your guy's critisism of OP_REVERSE and the question of why the SLP protocol (and others) don't simply switch to little endian
Only after writing more BCH Script I realized how insanely usefull all the new opcodes are — CDS and those activated/added back in May '18. Kudos to the developers!
Reminder: It's #ShuffleSaturday - join us!
Why is there always ONE insanely upvoted post over at r/bitcoin?
Now I understand why Bitcoin Developers hate on-chain solutions like increasing block sizes.
Bitcoin Data Science (Pt. 2): The Geology of Lost Coins
Memo.cash error
BSV folks: Anything legal is good...We want our coin to be legal!
BitcoinCash is spreading in Slovenia in a big way!
"This @CashShuffle on BCH looks awesome. The larger blocksize on BCH allows for cheap on-chain transactions. @CashShuffle leverages this in a very creative way to gain privacy. Ignoring the tribalism, it's fascinating to watch BCH vs. BTC compete in the marketplace."
Can someone help explain why LN stats seems to be on slight decline recently. Had been researching online but can't find answers.

TIL: There is a fundraise for Bitcoin (BCH) development. Come on guys, let's show our developers some love.

Posted: 31 May 2019 03:51 AM PDT

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

An incomplete history of the Bitcoin Cash's origin and the Minimum Viable Fork project

Posted: 01 Jun 2019 02:25 AM PDT

A common meme is that Roger Ver, Jihan Wu, and Craig Wright are the ones responsible for the creation of Bitcoin Cash.

This is untrue. Those are figureheads who played a role in popularizing or (for Bitmain, allegedly) funding later development, but they played almost no part until Bitcoin Cash development was long since underway.

The Bitmain UAHF contingency plan blog post was made on 2017-06-14. This was the first event in Bitcoin Cash's history that reached a wide audience, but it came 15 months after work on what later became Bitcoin Cash began. The public decision to do a minority hard fork happened 2016-07-31, and was spearheaded by singularity87 and ftrader. ftrader did most of the initial development, which he had started back in March 2016. Even back then, the plan to fork before Segwit's activation was clear:

I want to fork before SegWit activates

Bitmain was merely joining their effort in 2017, not starting it.

Bitcoin Cash evolved out of the Minimum Viable Fork project that ftrader/Freetrader started in March 2016, and which was discussed in /r/btcfork and /r/btc. Freetrader blogged about it quite a bit. If you read through his posts, you can see his initial prototype was built on Bitcoin Classic. In Oct 2016, a MVF version based on Bitcoin Core was made. Development on MVF stalled during the latter half of 2016 when it seemed like Bitcoin Unlimited's emergent consensus proposal was likely to gain adoption, but heated up again in early 2017 when BU lost support after a few remote crash 0-day exploits were found and used against BU on March 15 and again in April. Freetrader restarted his MVF work on Bitcoin Unlimited in April. The first mention of Bitcoin ABC is from May 7, 2017. The ABC project was started by deadalnix, but with mostly the same goal as ftrader's work using Core as the base instead of BU or Classic. At that time, ABC was just Core 0.14 minus RBF and Segwit; it didn't yet have any blocksize changes. Deadalnix reached out to Freetrader and asked him if he wanted to help, which he did. Freetrader made the first prototype of Bitcoin ABC with a blocksize limit other than 1 MB on or before May 21, 2017, while still working in parallel on the Bitcoin Unlimited version of the MVF. Ftrader and deadalnix continued to work on Bitcoin ABC for a couple months before Bitmain even mentioned their support for the contingency plan, and their contingency plan was basically the same as what ftrader and singularity87 had proposed back in June 2016 (but with more refinements and details worked out) -- perform a minority hard fork from BTC before Segwit activates to increase the blocksize limit, and do so in a way that ensures as clean a split as possible.

Bitcoin ABC was announced to the public on July 1st, 2017, by ftrader and by deadalnix, about 2-3 months after deadalnix and ftrader began working on it, and 2 weeks after Bitmain announced its intent to support the UAHF.

On the date that BCH forked, there were four separate compatible full-node clients:

Bitcoin ABC, developed mostly by Amaury Sechet/deadalnix and freetrader;
Bitcoin Unlimited, developed by the BU team (Andrew Stone/thezerg, Peter Tchipper, Andrea Suisani/sickpig, Peter Rizun, freetrader, and a few others, and funded by anonymous donors in 2016 for their Emergent Consensus proposal);
Bitcoin Classic, originally developed by Gavin Andresen with a little help from me, but extensively reworked by Tom Zander; and
Bitcoin XT, developed initially by Gavin Andresen and Mike Hearn, and later by Tom Harding/dgenr8 and dagurval

Of those developers, the only ones who received money while they were working on these clients were possibly deadalnix (alleged but unconfirmed, paid by Bitmain), and Gavin (MIT Digital Currency Initiative). Everybody else was a volunteer. At the time, BU's funds only paid for conferences, travel expenses, and a $20,000 bug bounty; BU didn't start paying its developers until after the BCH hard fork.

A lot of Bitcoin Cash's early support came from Haipo Yang of ViaBTC. ViaBTC's exchange was the first to offer BCH trading pairs, and ViaBTC's pool was the first public pool to support BCH. I've also heard that Haipo Yang was the one who coined the name Bitcoin Cash -- can anyone confirm or deny this? ViaBTC played a significant role in BCH's deployment, far more than Roger Ver or Craig Wright, and had a comparable amount of influence to Bitmain. However, this was not obvious on the outside, because Haipo Yang is the kind of person who quietly builds things that work, instead of just being a prominent talking head like Craig Wright and Roger Ver are.

Roger himself actually didn't fully support Bitcoin Cash until after the fork. Initially, he had his hopes up for Segwit2x, as did I. His name was conspicuously missing in an Aug 1, 2017 article about who supports Bitcoin Cash. It was only after Segwit2x failed on Nov 8, 2017 that he started to support BCH.

Craig Wright on the other hand did praise the Bitcoin Cash initiative early on, probably largely because he hated Segwit for some reason. But he didn't do anything to help create BCH; he only spoke in favor of it. (I really wish he hadn't. His involvement in BCH fostered a lot of false beliefs among Bitcoin Cash's userbase, like the belief that selfish mining doesn't exist. We were only able to get rid of his crazed followers when BSV forked off. I'm very grateful that happened. But I digress.) Most people didn't take him seriously, but a modest minority bought his narrative hard. He was a pretty minor player at the time, and remained so until 2018.

These are the people who created Bitcoin Cash. It's easy to place all the credit/blame on the most vocal figureheads, but the marketing department does not create the product; they just sell it. If you weren't around during the product's development, it's hard to know who actually built the thing and who was just a bandwagon joiner. CSW and Roger just hopped on the bandwagon. Jihan Wu/Bitmain and Haipo Yang/ViaBTC joined the crew of the bandwagon and contributed substantially to its development and survival, but by the time they had joined the bandwagon was already in motion. The real instigators were the community members like ftrader, deadalnix, singularity87, the BU crew, and a few others who contributed in various ways that I haven't documented.

For those of you who played a role or know of someone else who did but whom I didn't mention in this post, please make a comment below so we can all hear about it.

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

Jtoomim: "@MarkLundeberg and I had a proposal for a similar system that would be trustless and non-custodial email address payment system built upon PGP and BCH a while ago. You might find it interesting. Not yet implemented, though."

Posted: 01 Jun 2019 05:07 AM PDT

submitted by /u/throwawayo12345
[link] [comments]

Brains.....

Posted: 31 May 2019 03:39 PM PDT

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

Assange exposed to severe abuse - UN expert

Posted: 01 Jun 2019 04:12 AM PDT

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

Erik Voorhees on Twitter: “I wonder if you realize that if Bitcoin didn’t work well as a payment system in the early days it likely would not have taken off. Many (most?) people found the concept of instant borderless payments captivating and inspiring. “Just hold this stuff” not sufficient.”

Posted: 01 Jun 2019 07:16 AM PDT

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

Effectively, the "store of value" argument in Bitcoin comes down to saying that having a heavier and harder to move gold is better than a lighter easier to move gold

Posted: 01 Jun 2019 02:25 AM PDT

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

As the number of multi-coin PoS systems in Australia declines, Bitcoin Cash merchants are about to eclipse their dominance.

Posted: 01 Jun 2019 12:14 AM PDT

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

what do the following have in common: Australia, Canada, USA, Hong Kong, Jamaica, Liberia, Namibia, New Zealand, Singapore, Taiwan, Caribbean Netherlands, East Timor, Ecuador, El Salvador, the Federated States of Micronesia, the Marshall Islands, Palau, Zimbabwe

Posted: 01 Jun 2019 05:55 AM PDT

they all call their currency "the dollar"

and yet somehow, magically, nobody accidently buys Zimbabwean dollars when they want Australian dollars

strangely, nobody crys foul and accuses Taiwan of trying to scam people into thinking they're getting Canadian dollars

Nobody ever went into a coffee shop and discovered that they couldn't buy their coffee because they had the wrong dollars

currency exchanges sell all these "dollars" side by side and amazingly somehow the fact that they're all called dollars causes no confusion

Also, while we're all here, this is a good a time as any to point out that BCH is Bitcoin: a Peer-to-peer Electronic Cash System

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

Been a fan of Bitcoin since 2013, I was in 8th grade when I discovered it, Bitcoin Cash is Bitcoin.

Posted: 31 May 2019 11:23 PM PDT

I learned how important the block size is to the world, through experience. At the very peak in 2017, I paid over 40$ in transaction fees on one transaction. I have been a Bitcoin user for a long time, when I heard about it I instantly knew that it would one day become one of the most important things in the entire world. I knew that it was a type of technology that was built and created by people who were serving the common good by eliminating the need for someone else to account for your money. But best of all, it was open source and there was an open, weirdly-welcoming community discussing it online.

It was nearly instant, Satoshi Dice was super impressive to me, and the tx fee was practically optional. I originally thought it was like "tip your waiter" or something, I didn't really like it.

But I also really didn't like my authority figures' answers the age-old question, "Who do you trust with your money?" As soon as I realized that someone did made a Bitcoin I started answering that with "Math" because that makes the most sense folks.

But alas, this was 2013 and I was 13 years old! I had no money. I'd had some trouble following the rules in the past, so even when I tried to explain to my dad, as best I could, he just didn't take me seriously at all. I had lost pretty much all credibility by then for some other shit, so I couldn't blame him or his paranoia of the 8th wonder of the world. I remember being a 13 y/o showing my brother how the transactions are public and I pointed to a random one worth hundreds of millions of dollars and said "That one is actually the U.S. government. They use Bitcoin because it's cheaper way cheaper than banks" He was like "sick" but he didn't really know what that meant about how the world was going to change.

Listen folks, I am not a person who speaks out over much in life, much of banter is settled fact or bears little consequence, but Bitcoin Cash is Bitcoin. Thank Satoshi for the hard-fork protocol, and thank the fact that most of the good devs didn't sell all their coins when Overstock announced. The people who really understood what Bitcoin means for the betterment of all mankind, like I somewhat did at 13, knew that they would become important one day because the technology has revolutionary implications for the protection of the common individual from theft in all forms. But the technology is only sought after if it works for the people wanting to use it, and Bitcoin core actively develops ways to suppress that. Thats why bitcoin cash must be preserved.

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

Very impressed with Norwegian site handlekrypto.com, took me about 2 seconds to receive my Bitcoin Cash after paying with Swedish SWISH.

Posted: 01 Jun 2019 12:09 AM PDT

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

The new narrative of the shills who moved to promoting bsv: Bitcoin was meant to be government-friendly

Posted: 01 Jun 2019 02:59 AM PDT

How to spot the shills who were formerly employed to promote Core, Buttcoin, and spread anti-bch FUD: they repeat bsv's government friendly mantra.

Why is that a BS argument?

The FED isn't a democracy.
They can bitch about it all day long but they better get used to it. They already got used to the Internet and corporations taking away from their power. Permissionless uncensorable Crypto is here to staywhether they like it or not.
Bitcoin was created to disrupt fiat money, not to be fiat 2.0. They can move to xrp if they don't like the concept of Bitcoin.
They already have no power over what people do with cash, precious metals, gift cards, etc..
Many people used to hold money/gold in offshore accounts until the government coerced the foreign countries into complying with their own laws. Bitcoin gives these people a way to own money in a way which makes use of violence ineffective.

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

The Art of Rewriting History ... File this under Deception!

Posted: 31 May 2019 01:32 PM PDT

submitted by /u/Egon_1
[link] [comments]

Reminder it's now been 18 Months and Lightning isn't ready yet.

Posted: 31 May 2019 07:32 PM PDT

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

"A public ledger will force government to be transparent" -- No, they will just deem all their transactions as "National Security." The government will be able to "legally" obfuscate coins, while the commoner will be forced to use custodial multisigs on a transparent chain.

Posted: 01 Jun 2019 05:43 AM PDT

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

My response on your guy's critisism of OP_REVERSE and the question of why the SLP protocol (and others) don't simply switch to little endian

Posted: 01 Jun 2019 04:25 AM PDT

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

Only after writing more BCH Script I realized how insanely usefull all the new opcodes are — CDS and those activated/added back in May '18. Kudos to the developers!

Posted: 31 May 2019 04:04 PM PDT

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

Reminder: It's #ShuffleSaturday - join us!

Posted: 01 Jun 2019 08:21 AM PDT

Shuffle Saturday is a weekly event where Bitcoin Cash users can easily shuffle their coins using the brilliant CashShuffle technology! You can actually shuffle every day, but making it a weekend thing gets more people shuffling at the same time, which speeds up the shuffling and helps improve the participants' privacy.

Don't know anything about CashShuffle? Don't worry! - have a look here:

https://cashshuffle.com/faqs/

If you never tried it before, get the latest Electron Cash wallet and put a little amount of coins on a new wallet to try it out.

You can shuffle even very small amounts like 0.0001, so trying it out is basically risk free.

And you can shuffle much larger amounts safely as well.

So get started on raising your financial privacy level today!

https://cashshuffle.com/quickstart/

If you still have questions, use this thread to ask - the Bitcoin Cash community is more than happy to help!

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

Why is there always ONE insanely upvoted post over at r/bitcoin?

Posted: 31 May 2019 11:33 PM PDT