• Breaking News

    Saturday, August 17, 2019

    BTC Adam Back: "A functioning market needs information, whether it's convenient to coin marketing or not. Free markets need free information."

    BTC Adam Back: "A functioning market needs information, whether it's convenient to coin marketing or not. Free markets need free information."


    Adam Back: "A functioning market needs information, whether it's convenient to coin marketing or not. Free markets need free information."

    Posted: 16 Aug 2019 05:15 PM PDT

    A Quick Thank You to the Bitcoin.com Team for local.bitcoin.com

    Posted: 16 Aug 2019 07:18 PM PDT

    Using local.bitcoin.com is effortless, reasonably safe, fully voluntarist, and generally a joyful experience.

    No bullshit, no IDs, just two parties transferring media of exchange.

    Also, they have an excellent Telegram channel with very responsive support personell.

    Just a home run guys, kudos.

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

    Don't forget to have a BeaCH party where you live before it is too late this summer!

    Posted: 17 Aug 2019 12:23 AM PDT

    Earn interest on BCH.

    Posted: 16 Aug 2019 10:01 PM PDT

    Kristov Atlas: "If you're holding an $LTC bag based on long term speculation, I suggest you let go."

    Posted: 16 Aug 2019 04:03 PM PDT

    Roger Ver: "Bitcoin Cash acceptance is coming to thousands of physical shops in Korea"

    Posted: 16 Aug 2019 05:10 AM PDT

    Reminder: Cashscript Is Coming, Bringing Ethereum-Like Smart Contracts to Bitcoin Cash

    Posted: 16 Aug 2019 03:35 PM PDT

    Any Wikipedia editors here? Seems like BCH's page is missing a lot of details

    Posted: 17 Aug 2019 12:12 AM PDT

    Litecoin Foundation Confirms Having Trouble With Their Financial Situation

    Posted: 16 Aug 2019 04:25 PM PDT

    Why we should call BTC "Bitcoin Core"

    Posted: 16 Aug 2019 03:10 PM PDT

    You guys have any idea how HUGE this is for Bitcoin (BCH)! - Coinbase acquisition of Xapo for $55 million

    Posted: 16 Aug 2019 08:16 PM PDT

    Is cloud mining from bitcoin.com down?

    Posted: 17 Aug 2019 12:23 AM PDT

    I can't login into my miner. Anyone the same issue?

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

    Litecoin Foundation Running out of Money

    Posted: 16 Aug 2019 11:12 AM PDT

    Sal the Agorist on Twitter: Join the counter-economy ~ Buy/sell BCH p2p, no kyc!

    Posted: 16 Aug 2019 02:09 PM PDT

    TIL: One anonymous person controls 50% of LN's liquidity, earning 80c/day for the 200-300 transactions

    Posted: 16 Aug 2019 05:11 AM PDT

    BitcoinCash is a real contender for global cryptocurrency dominance. BCH represents a protest movement against BTC. With a strong grassroots movement of motivated and ideologically driven people. It has a strong claim to the Bitcoin brand name, with a decade old history.

    Posted: 16 Aug 2019 06:45 AM PDT

    "Moore's Law is not Dead" - TSMC (Taiwan Semiconductor Manf, worlds largest independent semiconductor foundry)

    Posted: 16 Aug 2019 10:23 AM PDT

    Steve Shadders lied in court, or is a moron, or both (probably)

    Posted: 16 Aug 2019 09:29 AM PDT

    At the recent Kleiman-Wright hearing, Steve Shadders, CTO of nChain, testified that Craig Wright tasked him with creating a list of potential addresses that were mined by Wright. According to two different sources apparently present at the hearing (https://twitter.com/KatieAnanina/status/1158396145405693953 and https://www.youtube.com/watch?v=4CIjs5WNM3c ), the criteria given to him by Wright were:

    1. Blocks mined between January 3, 2009 and August 21, 2010
    2. Unspent coinbases
    3. Pay to public key coinbases
    4. Non-reused addresses
    5. Single coinbase output
    6. Nonce least significant byte of 0-58

    The actual list Mr. Shadders made is now publicly available.

    Mr. Shadders (again, apparently, the official transcript has not been published yet) testified that this task took two weeks to complete, though the actual work was spread out over those two weeks. The actual work time was approximately one week, reportedly. This is insane for a CTO of a crypto-related company. Beyond the unbelievable time frame, it appears he bodged the job in at least two ways.

    He said criteria number 5 eliminated 68 addresses. I wanted to check his work. As an exercise, I wrote a Java program to recreate the process. I chose Java because that's what Mr. Shadders reportedly said he used. It's not my first language, so I apologise for non-idiomatic usage. Despite my non-familiarity, it took approximately two hours to write and it's under 100 lines of code. It finishes running in under 30 seconds. I did not implement criteria 4 since it was not well-defined, though it should not be difficult to add, and is nonsense anyway, since Satoshi did reuse addresses multiple times.

    There were zero multi-output coinbases before August 21, 2010, not 68. If the person reporting on the hearing was accurate, was this a mistake or a lie by Mr. Shadders?

    Also, I ended up with about 24,500 "addresses" as opposed to approximately 27,000 found by Mr. Shadders. There is some question about this, as the latter hearing witness said that Mr. Shadders admitted to a mistake -- a "quirk" -- which would have eliminated 2,700 additional "addresses".

    Examining the actual list he created more closely, it looks like he included many blocks with nonce values outside of the 0-58 range, so he bodged that, too. I haven't determined if that error fully explains the discrepancy.

    The conclusion is that the list is rubbish. Whether it's better explained by malice or incompetence is not clear, but either option is bad.

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

    A funny look at what happens when you reply to a scammer who PMs you about Bitcoin investing and mining :)

    Posted: 16 Aug 2019 10:38 PM PDT

    How Coinbase Quietly Became the World’s Biggest Bitcoin Bank

    Posted: 16 Aug 2019 04:17 PM PDT

    Strange that the $BTC bull run stopped after tether stopped printing hundreds of millions of dollars per month. When’s the next round of quantitative easing scheduled from the Central Bank of Crypto to fight this terrible crypto recession?

    Posted: 16 Aug 2019 05:58 AM PDT

    Bakkt Says It’s ‘Cleared to Launch’ Bitcoin Futures Next Month

    Posted: 16 Aug 2019 05:10 PM PDT

    This is what adoption looks like - Bitcoin Cash FTW!

    Posted: 16 Aug 2019 07:54 AM PDT

    How To Onboard Merchants To Bitcoin Cash

    Posted: 16 Aug 2019 09:42 AM PDT

    Bitcoin Core (BTC) proponents and developers aren't even shy about their attempts to centralize the BTC chain anymore. This is their end goal. Control development, mining, users, etc.

    Posted: 16 Aug 2019 07:21 AM PDT

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