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    Wednesday, August 7, 2019

    Home Unlabelled BTC local.bitcoin.com Is now blocked in China and Russia.

    BTC local.bitcoin.com Is now blocked in China and Russia.

    August 07, 2019

    BTC local.bitcoin.com Is now blocked in China and Russia.

    local.bitcoin.com Is now blocked in China and Russia.

    Posted: 06 Aug 2019 08:42 PM PDT

    RealmX, an Open World Built on Bitcoin Cash

    Posted: 06 Aug 2019 11:05 PM PDT

    The FTC Should Fine Itself for False Advertising for Promising You $125 From Equifax. The FTC engaged in the same false and deceptive behavior it’s supposed to police.

    Posted: 06 Aug 2019 02:19 PM PDT

    Bitcoin.com and Coinspice article links now being censored on steemit/steem

    Posted: 06 Aug 2019 08:32 PM PDT

    https://honest.cash/v2/FUBAR165/bitcoincom-and-coinspice-article-links-now-being-censored-on-steemitsteem-5832

    A group of people have now started censoring links to articles on bitcoin.com and Coinspice. I have been sharing links to these articles for years but in the last 2 days many have been censored and hidden on the platform. While they still exist on the blockchain they can't be seen by anyone on the site. Steemit/Steem was supposed to be a censorship free social media site. It's now become a pay to censor site. The next hard fork will include incentives for censoring content.

    This is a perfect reason why we need a censorship free social media site on bitcoin cash. Honest.cash is a good start but we need a bigger reddit style site for not only original content but sharing.

    submitted by /u/FUBAR-BDHR
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    5% of the time, Bitcoin Cash block times are at least 40 minutes. What do you guys think about the bobtail proposal to lower variance?

    Posted: 06 Aug 2019 08:57 PM PDT

    Bitcoin Fees: BCH $0.00 ✌️ / BTC $2.06 ��

    Posted: 07 Aug 2019 12:22 AM PDT

    Holy shit the entire "negative with gold" sub has become a shrine devoted to the guilded astroturfing going on in rbtc

    Posted: 06 Aug 2019 09:02 AM PDT

    Welcome to the new /r/BTC design!

    Posted: 06 Aug 2019 10:41 AM PDT

    Some will love it, some may not. But it was time for a change and to embrace Bitcoin as p2p cash and green!

    I hope you enjoy it. It may take some getting used to but it will certainly be a lot better than the old ugly brown and orange color!

    Here is the color palette I used for it, if you're interested: https://imgur.com/a/dLvT3AS

    Edit:

    Some people have commented they haven't seen the new design yet because they are mobile. Here are some screen shots, including the New.Reddit site which takes a bit to update, but everything should be showing by now.

    https://imgur.com/a/BwZmALg

    Thanks for all the feedback!

    submitted by /u/BitcoinXio
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    Hi we are Bitwax. We sell Vinyl records for BTC, BCH + a few other cryptos. We have recently just launched our site and we are open to any question you may have about us. So AMA!

    Posted: 06 Aug 2019 01:41 PM PDT

    As Macro Economy Weakens, Is Bitcoin Emerging as a Global Hedge?

    Posted: 06 Aug 2019 08:21 PM PDT

    The Muffin Saga -- the history of three Bitcoin forks in plain language

    Posted: 06 Aug 2019 05:22 PM PDT

    This story attempts to present a detailed allegorical history of BTC, BCH, and BSV while avoiding terms like "blocksize", "hashwar", and "node".

    10-minute read.

    ______________

    Once upon a time in a large city, there were muffins for sale. Every store sold them, and everyone ate them for breakfast every day. They were never made fresh — these factory-made muffins were greasy and loaded with artificial preservatives to give them a long shelf life, but they were the only kind of muffin the people of this city knew, and everyone was content with them.

    ...Well, almost everyone. A small group of people were aware of the negative health impacts of the oils and artificial ingredients in their city's muffins, and knew of the corrupt ways in which the medical industry profited from the health issues people were getting from eating their precious muffins. One day, an anonymous member of this small group known only as "The Muffin Man" published a recipe for homemade muffins — they tasted better and were healthier than the standard muffin sold throughout the city. He called his invention FreshMuffin. Nobody had seen anything like it. After verifying that a few other people were able to bake this new creation, The Muffin Man was never heard from again.

    Before long, a few of the people who learned how to bake FreshMuffin opened a small shop to only sell FreshMuffins. The people who bought them loved them and never again wanted to eat any other muffin. The shop slowly but steadily gained business, and the shop's owners quickly became overloaded with work — they needed help with managing their shop! And so they brought in additional management personnel to help with their work.

    As they gained popularity, they could see a trend — their shop was getting more crowded, and the checkout lines were getting longer. People were already waiting 10 minutes in line just to buy a single FreshMuffin. This problem was only going to get worse, and they needed to expand somehow. All the management agreed that they wanted to make FreshMuffin the new standard muffin in their city, because everyone would be healthier if they ate FreshMuffin instead of the common greasy muffin.

    The shop's original owners noticed that the store next to them in their strip mall was vacant and the space was available to rent. They could easily knock down the wall between the two shops and double their size...double the ovens, double the shelf space, double the cash registers, double the maximum muffin sales. This would solve their problem until they got even more customers, at which point they would need to find even more retail space and eventually open up multiple locations across the city. They would likely be able to afford this, as long as they were careful not to let their expansion outpace their sales.

    Unfortunately, much of the management help they hired had a different idea. They believed that if FreshMuffin was going to grow to become the new standard muffin, then it would need to be sold at every store in the city, just like the current standard muffin. In order to accomplish this, they would have to open up a factory to mass-produce FreshMuffins and ship them to every store in the city. They would also need to add some preservatives to the FreshMuffin recipe to keep the muffins fresh for longer, because it would inevitably be several hours between when muffins were baked at the factory and when they arrived on the shelf at a store. Needless to say, it would take years to build a factory and get this plan rolling, but it would be an easy way to take advantage of the FreshMuffin brand name to make a muffinload of money.

    The original owners of the FreshMuffin shop adamantly disagreed with this plan — they believed that a FreshMuffin with preservatives was no different from the existing unhealthy muffin that they were trying to replace! They believed that the only way to sell healthy muffins to all the people of the city was to sell them only at locations where they were baked in-house.

    These two groups of FreshMuffin management were no longer able work together peacefully. The original owners of the shop who wanted to expand into the location nextdoor lost the legal battle over ownership of the FreshMuffin brand name, so they opened a new store, larger than the original, and they called it Fast&Fresh Muffins. Their new store sold the same muffins as the original store and they could handle several times the number of customers, but they got less business because they didn't have the same brand name. Meanwhile, the original and smaller FreshMuffin shop became overcrowded and expensive — people often waited for half a day to buy a muffin, and people were willing to pay a higher price for the muffins, because they couldn't bake enough for everyone who wanted to buy them. Because of this, the shop would only sell their muffins to those who paid the most.

    After a year of operating the Fast&Fresh Muffin shop, one of the co-owners marveled at just how well a larger building solved the problems that the FreshMuffin shop was having. Even though his own shop wasn't yet getting crowded, he wanted to move into a much bigger building, something the size of a warehouse. Just a few of these extra-large shops would be able to serve everyone in the city, and he wanted to set up those shops immediately. The other owners of Fast&Fresh Muffins saw this as a bad idea, as the operating costs would be too high, and thought that multiple smaller shops would be better than a few large ones, because having many locations around the city would be more convenient for customers.

    Even so, nothing would stop this man from moving forward with his plan to buy a few warehouses. He wanted to use the Fast&Fresh Muffin brand name, but the other owners wouldn't cooperate, and so he claimed to be The Muffin Man (the creator of the FreshMuffin recipe) in an attempt to win the legal battle over the brand name. He ultimately lost and couldn't prove that he was The Muffin Man, so he split from his business partners and had to give his muffin warehouses a new name — The Original Fresh Muffin.

    Meanwhile, the very first FreshMuffin shop was still overcrowded, and their new factory had begun producing muffins at a small fraction of capacity. They had many bugs to overcome — sometimes the muffins weren't packaged correctly, causing them to fall out of their packaging. Sometimes the factory equipment didn't mix the ingredients correctly. And even when things worked right, those who had tried a real FreshMuffin were frustrated with the factory-produced ones, even though they were cheaper and easier to get. They just didn't taste like the real thing. Fortunately for the factory owners, most people in the city hadn't tried the original homemade FreshMuffin or the muffins made by Fast&Fresh Muffins, so their new product was still getting some business because of the fame of their brand name.

    The owners of Fast&Fresh Muffins realized that expanding into a greater number of locations also meant having higher operating expenses, and they didn't want to go bankrupt like "The Original Fresh Muffin" was sure to, and so they found ways to improve their existing shops. They modified their ovens to fit more racks so they could bake more muffins at the same time. To get customers through checkout faster, they bought cash registers with faster hardware, upgraded their internet speed to make credit card transactions faster, stopped accepting personal checks, they ordered custom muffin wrappers with barcodes printed on them, and they even let customers pay online and pick up their muffins in-store. Even though they didn't want to distribute their muffins to every store across the city like the FreshMuffin owners were trying to do, they still had plans to do what they needed in order to sell fresh and healthy muffins to every single man, woman, and child.

    ______________

    ​

    Did you figure it out?

    fiat = greasy preservative-heavy muffins

    BTC = FreshMuffin

    BCH = Fast&Fresh Muffins

    BSV = The Original Fresh Muffin

    lightning network = FreshMuffin factory

    Satoshi Nakamoto = The Muffin Man

    Blockstream = additional hired management of original FreshMuffin shop

    Craig Wright = the man claiming to be The Muffin Man

    blocksize = muffin shop size

    a BTC/BCH/BSV node = a shop which sells muffins

    graphene, schnorr, etc = Fast&Fresh shop improvements

    submitted by /u/ransoing
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    How to Shuffle BCH and Keep Your Transactions Private With Cashshuffle

    Posted: 06 Aug 2019 04:04 PM PDT

    Three things i didn't understand about Avalanche prior to reading Chris Pacia's article.

    Posted: 06 Aug 2019 11:55 AM PDT

    https://medium.com/@chrispacia/avalanche-pre-consensus-making-zeroconf-secure-ddedec254339

    1) Only miners from the last 100 blocks partipate in an avalanche query.

    "Proof-of-work is used as the anti-sybil mechanism. The miners of the last 100 blocks form the consensus group and participate in avalanche. This is a rolling membership group. Each new block a new miner is added to the group and the miner who mined block n-100 gets booted."

    This means that you can't just spin up nodes on the spot, but there is a variable of both participation/effort and time.

    2) An avalanche query only happens when a double spend is detected.

    "If there are no double spends on the network, then Bitcoin Cash functions identically to how it currently functions. Miners receive transactions into their mempool, select which transactions to put into blocks, and broadcast solved blocks to the network. No avalanche messages are even sent between miners. To an outside observer, you wouldn't even know avalanche is active.

    When a double spend makes it into the miner's mempools, it triggers the avalanche process. Miners start sending avalanche queries to each other and perform n number of rounds. Eventually all miners will decide that either transaction A is valid and B is invalid or A is invalid and B is valid.

    Non-mining nodes don't need to know anything about avalanche and any full node software that is not used for mining doesn't need to support it. From the standpoint of non-mining nodes, avalanche is a softfork.

    This means that unless someone is actively attacking and trying to double spend, avalanche doesn't do anything.

    3) Avalanche is not a complete solution for txs faster than 3-5 seconds, we still need to protect people from fast respend attacks.

    "Merchants would still need double spend detection to protect against fast respends but they could rest easy knowing that as long as they wait long enough for the payment to propagate to miner's mempools (3–5 seconds) without detecting a double spend, that miners will not mine a later double spend even if it pays a bribe."

    This actually makes a very good case for avalanche in my opinion. But i still have some questions.

    Q1) Does your weight as a avalanche node change based on how much POW you do?

    Q1.2) And what's this based off of, current hashpower, or some kind of a 100 block average?

    Q2) Can avalanche be used as a way to censor transactions? I'm trying to imagine how it can be done, but if you need majority POW to force an avalanche query to work to your favor, then it might not be possible.

    I've not read other proposals for avalanche, so if theres some other ones that are good like this one, feel free to give me a link.

    submitted by /u/cryptacritic17
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    After the awesome redesign of this sub I wonder what keeps wealthy supporters of bitcoin cash from putting money into some good advertisement

    Posted: 06 Aug 2019 05:44 PM PDT

    I know we all want bitcoin to succeed, but I think we also know adoption is a big hurdle. While bitcoin.com looks and is awesome, why aren't there any... I dunno, TV spots, radio adverts etc? After all the money big players put into this, why not invest more into this?

    submitted by /u/bitcoinGER
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    Nice to start seeing BCH promotions like this!

    Posted: 06 Aug 2019 03:20 PM PDT

    The new redesign of the sub fucks so hard! I love the green! ����

    Posted: 06 Aug 2019 07:37 PM PDT

    if you don't think someone is paying real money to take big steaming shits on BCH (that is Bitcoin, the Peer-to-peer Electronic CASH SYSTEM) just look at the shameless FUD shitposting and stacks of troll gold on this thread

    Posted: 06 Aug 2019 07:34 AM PDT

    A Step Closer to a Unified Color: ask CMC (coinmarketcap.com) to change the color too!

    Posted: 06 Aug 2019 12:45 PM PDT

    Lets get another step closer to a unified color and get most refreshed crypto site to change the color too! Using the momentum we've got from the bitcoin.com rebranding and the color change of the main BCH discussion forum, we should coinmarketcap.com to change the color of the BCH logo to green!

    Go to https://coinmarketcap.com Scroll to the bottem of the site and click 'request forum'. There you can fill in a request forum to help the cause of unifying the BCH branding!

    thanks in advance

    submitted by /u/Mr-Zwets
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    Breaking: Binance’s old KYC data breach leaked on telegram group

    Posted: 07 Aug 2019 01:32 AM PDT

    Today: Spice Becomes The First Mature SLP Token to be Listed on CoinEx after USDH

    Posted: 06 Aug 2019 10:14 AM PDT

    In a moment vindicating Gabriel Cardona's prediction of a token explosion on BCH. A homebrew, grassroots and self-funded community token called Spice has now been listed and traded on CoinEx a major cryptocurrency exchange:

    https://www.coinex.com/exchange?currency=bch&dest=spice

    Spice is not just an idea, it is currently in over 150 Telegram channels and can be used on Twitter and has been used since February. It is an appreciation token (tipping) that integrates and ranks social media content to a website called SpiceFeed where the content aggregates to form a feed of the web's spiciest content.

    The goal of Spice is to bring fun back into crypto, a community that has become toxic and bitter.

    Spice is an easy way to introduce people to digital currency, since Spice isn't seen as hard money like Bitcoin.

    Before the CoinEx listing, it already made its debut on a young SLP exchange start-up called Cryptophyl and is available to buy and sell on Sideshift.ai

    You can see Spice SLP in action here:https://spice.network

    To learn more about Spice:

    https://spicetoken.org/

    Videos to check out:

    https://www.youtube.com/watch?v=QrxxczjbAGQ&t=3s (Spice Token SLP Promo)

    https://www.youtube.com/watch?v=bFZ3hzOSbqM&t=1s (Spice Song)

    Official Telegram Channel:https://t.me/spicetoken

    ​

    More features and bots are coming according to SpiceToshi (the elusive team behind Spice).

    submitted by /u/slowsynapse
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    You and I are an economy of two.

    Posted: 06 Aug 2019 06:50 AM PDT

    I have a dollar and you have a dollar. We each have 50% of the economy.

    I go off and create a dollar and give it to myself. Now I have two dollars and you have one dollar. So I have 66% of the economy and you have 33%.

    I go off and create another dollar and give it to myself. Now I have 75% of the economy and you have 25%.

    It does not matter how hard you work or how much you contribute to society. I can take the fruit of your labor without ever interacting with you or getting your consent. Your consent was in using my money.

    Thanks for using my money.

    submitted by /u/loveforyouandme
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    Binance users' KYC data is exposed in a telegram group

    Posted: 07 Aug 2019 12:58 AM PDT

    Pacia on Haven App at 8 PM EST -- CoinSpice Live

    Posted: 06 Aug 2019 04:03 PM PDT

    "Why is everyone just assuming that if there is a global financial crisis or a currency war, this will translate favorably for Bitcoin [Core] ?..."

    Posted: 06 Aug 2019 12:41 PM PDT
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