- Vitalik Buterin: "I have been getting more and more pessimistic about off-chain-data L2s over time. @VladZamfir is right; they're just hard to build, require too much application-layer reasoning about incentives, and hard to generalize."
- Bchd 0.14.7 Release
- This online coffee store is accepts BCH!
- The inaugural @BitcoinCashCity Conference is fast approaching. Featuring industry leaders and real experts like @cgcardona, @zquestz, @nishantsharma87 and host @vinarmani. The time for global permissionless money is now.
- Due to popular shill narratives claiming censorship, I did my own independent investigation, took 6+ hours. Here are the results:
- Bitcoin ABC on Twitter: "Start preparing for the November 2019 upgrade today with Bitcoin ABC 0.20.0! https://download.bitcoinabc.org/0.20.0/ On Nov 15th, the upgrade will activate. It includes Schnorr signatures for OP_CHECKMULTISIG(VERIFY) and enforcing MINIMALDATA in script."
- Samson Mow calls Ethereum a scam. Subsequently invests in project on top of Ethereum.
- Electron Cash SLP 3.5 is released
- Censorship bad
- Milestone: First BCH Token To Reach Over 10k txs
- Pay with Bitcoin - win a Trezor!
- The effects of propaganda, information, and thought control: Why so many Chinese students can't understand the Hong Kong protests
- "Any time I see a suggestion box, or review at a restaurant... I now always write down that they should use Bitcoin Cash for payment" -Vidteks on Memo.cash
- Time for a reminder and history lesson: People should get the full story of r/bitcoin because it is probably one of the strangest of all reddit subs
- It Took Bitcoin Only 10 Years to Get to G7 Anthony Pompliano
- bitcoin-ts now includes a full BCH virtual machine: evaluate and debug BCH scripts in JavaScript
- Slot_machine: DICE X CRYPTOMANIA 48h LAUNCH EVENT — 1,280,000 DICE + 128,000 MANIA Up for Grabs!
- Meme War Rages: BTC Maximalists Caught in ERC20 Sh*tcoin Scheme, Try Walking Back as "IPO"
- Hey Look, We're Overrun with SV Shills Today
- The Israel Bitcoin Association Want Banks to Publicize Cryptocurrency Policies
- Discussion: A product-market fit that accelerates cryptocurrency awareness globally.
- Craig Wright seemingly caught lying and falsifying documents yet again
- Samson Mow being called out for being a hypocrite
- Evaluate and Debug Bitcoin Cash Scripts in JavaScript
- Moscow's blockchain voting system cracked a month before election
| Posted: 21 Aug 2019 11:55 AM PDT
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| Posted: 21 Aug 2019 06:43 PM PDT
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| This online coffee store is accepts BCH! Posted: 21 Aug 2019 08:20 PM PDT
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| Posted: 22 Aug 2019 12:53 AM PDT | ||
| Posted: 21 Aug 2019 02:36 PM PDT TL;DR I did an independent investigation to find if there is any censorship in this sub. Results:
Interpretation: No censorship, mods are doing great job, mods are humans and can make a mistake sometimes due to too much work. LONG VERSION: Due to multiple claims of censorship in this sub with supplied links, made by shilling accounts, I became interested in finding out the truth for myself. So I did an independent investigation of all of the popular claims of censorship, amassed together by shills in this topic: https://np.reddit.com/r/bitcoincashSV/comments/cdvilb/they_claim_that_cryptorebel_is_the_only_one_that/ [Archive] I used mod logs provided here and Reddit Enhancement Suite to go back in time and verify all claims made, one after one. Took me 6+ Hours. RESULTS FOLLOW: /u/btcnewsupdates: Completely justified ban. Spam while trying to push narrative. Breaking the rules of subreddit (multiple duplicates). Proof: 1: https://old.reddit.com/r/btc/comments/a14kds/the_resolution_of_the_bitcoin_cash_experiment_a/ [Archive] https://old.reddit.com/r/btc/comments/a0vc9j/the_resolution_of_the_bitcoin_cash_experiment/ [Archive] 2: https://old.reddit.com/r/btc/comments/9z2302/bababc_devs_running_amok_implementing_changes/ [Archive] https://old.reddit.com/r/btc/comments/9z28pz/how_to_spot_incompetent_devs_they_dont_know_their/ [Archive] /u/SaltyBitcoinSV: Lying about being banned, he is not banned at all. Or maybe he was somehow banned by reddit.com itself (which won't be visible in modlogs). /u/kostialevin: Apparently an unjustified ban, but not sure if actually censorship - looks more like mod mistake. /u/CityBusDriverBitcoin: Abusive and aggressive multiple times towards other users, other than (obviously) saying "fuck you" to jessquit. For example, here: https://old.reddit.com/r/btc/comments/c6doyf/satoshi_nakamoto/es80zz6/?context=10000 [Archive] Ban 120% justified. /u/010010001100011010: Copletely justified ban for spam, plenty of proof: https://old.reddit.com/r/btc/comments/a01klb/echo_echo/ [Archive] https://old.reddit.com/r/btc/comments/9x392l/dr_plagius_now_threatens_btc_miners_with_an/e9pgc4w/?context=3 [Archive] https://old.reddit.com/r/btc/comments/9x392l/dr_plagius_now_threatens_btc_miners_with_an/e9pgdi1/?context=3 [Archive] https://old.reddit.com/r/btc/comments/9wq5wq/warning_to_craig_and_all_the_mining_pools/e9mg5g8/?context=3 [Archive] /u/SadisticMetal: Racist, "MARK MY WORDS YOU STINKY INDIAN.". BTW, being racist breaks site-wide Reddit TOS AFAIK. Proof: https://old.reddit.com/r/btc/comments/a0fr5j/web_simulator_for_my_antireorg_algorithm/eahuv2g/ [Archive] /u/MCStravinsky: Spam, also Breaking reddit TOS[unable to verify TOS breaking, because links are deleted] Proof of duplicates: https://old.reddit.com/r/btc/comments/9y9s2q/the_odd_timing_of_coindance_annoucement_of_bchabc/ [Archive] https://old.reddit.com/r/btc/comments/9y8ut4/the_strange_timing_of_coindance_announcement_of/ [Archive] https://old.reddit.com/r/btc/comments/9y4z00/the_timing_oddness_of_the_coindance_message/ [Archive] /u/bigjuicycrypto: Unable to verify. Content missing, because of breaking reddit TOS [allegedly]. (User deleted his account): Unable to verify if claims are real or not. Source: https://old.reddit.com/r/bitcoincashSV/comments/a3wpdm/banned_from_rbtc_for_my_updown_votes_is_their/ [Archive] /u/boredaf7677709877: Banned for spam, but this is slight mod mistake IMO. Actually should be banned for "blatant mod abuse" (Roger Ver is a Mod). Saying "fuck roger" multiple times in a row, calling Roger Ver (one of the mods) Hitler with no proof whatsoever multiple times. I guess spam kind of fits as well after all... Proof: https://old.reddit.com/r/btc/comments/9wwoe7/roger_wake_up/e9nvdy0/?context=3 [Archive] https://old.reddit.com/r/btc/comments/9wwoe7/roger_wake_up/e9nwbe8/?context=3 [Archive] https://old.reddit.com/r/btc/comments/9wz29o/to_all_those_who_labeled_me_as_public_enemy_shame/e9obx2g/ [Archive] https://old.reddit.com/r/btc/comments/9wq5wq/warning_to_craig_and_all_the_mining_pools/e9mf8df/ [Archive] /u/RogueSploit: Ban for flooding seems valid - I checked other subreddits and it seems to be a common thing. I was not aware of 1 post per 10 minutes posting limitation though (where is this rule written?). It would be more fair if the ban should be temporary even though the user is a BSV shill. Proof: https://old.reddit.com/r/btc/comments/9z62wb/the_devolution_of_roger_ver/ [Archive] https://old.reddit.com/r/btc/comments/9z630z/abcs_actions_prove_that_they_wanted_a_split_from/ [Archive] /u/JoelDalais: Ban for being abusive, 120% justified. Proof: https://old.reddit.com/r/btc/comments/c12em9/the_truth_will_set_you_free_or_fret_profit_by/eraj9g9/?context=3 [Archive] https://old.reddit.com/r/btc/comments/c12em9/the_truth_will_set_you_free_or_fret_profit_by/eragb4w/?context=3 [Archive] /u/peter_u1: Duplicates/Spam while trying to push narrative, ban fully justified. Also obvious forced duplicate ads of another coin, proof: 1: https://old.reddit.com/r/btc/comments/aco7pa/bsv_mined_a_104mb_block_world_record/ [Archive] https://old.reddit.com/r/btc/comments/aci6a6/bsv_mined_a_104mb_block_world_record_bch_is/ [Archive] 2: https://old.reddit.com/r/btc/comments/a5kd2x/gabriel_cardona_bitcoincash_is_the_single_most/ebnecpl/ [Archive] https://old.reddit.com/r/btc/comments/a49wtw/buy_bsv/ [Archive] Ban 120% justified. /u/NOT_SURE: Duplicates/Spam while trying to push narrative. Multiple times. Ban 120% justified. Proof: 1: https://old.reddit.com/r/btc/comments/a3qzpy/wake_up_bch_community_you_have_been_misguided_i/ [Archive] https://old.reddit.com/r/btc/comments/a3tlzc/roger_and_jihan_you_failed_admit_it_now_and_let/ [Archive] 2: https://old.reddit.com/r/btc/comments/9wwoe7/roger_wake_up/ [Archive] https://old.reddit.com/r/btc/comments/9wuxj4/roger_it_is_not_too_late_to_admit_that_you_made_a/ [Archive] CONCLUSION: All of the (justly or unjustly) banned users were shills (mostly SV shills). I have reviewed them myself on different occasions and they all were on my RES-tag shill list. When you are a dishonest shill, you have to tread carefully, because mods will use any excuse to ban you. And I cannot blame the mods, to be honest. Shills are annoying people who are being massively downvoted on this sub - meaning they are not wanted by the populace of this sub. Yet they somehow persist and lower the quality of our lives every day. If I was a mod, I would ban them too, on the first occasion the sub rules would allow me to. However, shills still deserve free speech as /r/btc is a free speech subreddit above all, so as long as they play by the rules of the sub, they should get it. I do not like to play devil's advocate, but I would encourage mods to unban this one unjustly banned shill (probably by mistake). I don't think it will hurt. EDIT: Fixed 1 link. [link] [comments]  | ||
| Posted: 21 Aug 2019 01:42 PM PDT
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| Samson Mow calls Ethereum a scam. Subsequently invests in project on top of Ethereum. Posted: 21 Aug 2019 09:56 AM PDT
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| Electron Cash SLP 3.5 is released Posted: 21 Aug 2019 02:34 PM PDT
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| Posted: 21 Aug 2019 10:07 PM PDT | ||
| Milestone: First BCH Token To Reach Over 10k txs Posted: 21 Aug 2019 02:20 PM PDT
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| Pay with Bitcoin - win a Trezor! Posted: 22 Aug 2019 02:27 AM PDT As part of hyping up the excitement of the tap prelaunch event, we're giving away one Trezor Hardware Wallet to one lucky power user. The tap prelaunch event centres around participants taking part in the alpha testing of the tap app and prepaid MastercardⓇ. "Tappers" are asked to join the waitlist and provide feedback on functionality and design of the products when launched. By becoming a power user, you will receive exclusive benefits including:
In order to qualify, participants must live in the EU, and need to sign up to take part in the prelaunch event (through the website). Benefits of being a Tapper range from exclusive offers, receiving premium/platinum cards and getting in on insider market and product knowledge. The competition will open on Friday, 23 August, and closes on Friday, 20 September. The winner will be selected through a random number generator and announced on the last day of the competition. Sign up today and have your say in this revolutionary financial product. Visit the pop-uphere. [link] [comments]  | ||
| Posted: 21 Aug 2019 12:43 PM PDT
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| Posted: 21 Aug 2019 11:54 PM PDT
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| Posted: 21 Aug 2019 06:36 AM PDT People should get the full story of r/bitcoin because it is probably one of the strangest of all reddit subs. r/bitcoin, the main sub for the bitcoin community is held and run by a person who goes by the pseudonym u/theymos. Theymos not only controls r/bitcoin, but also bitcoin.org and bitcointalk.com. These are top three communication channels for the bitcoin community, all controlled by just one person. For most of bitcoin's history this did not create a problem (at least not an obvious one anyway) until around mid 2015. This happened to be around the time a new player appeared on the scene, a for-profit company called Blockstream. Blockstream was made up of/hired many (but not all) of the main bitcoin developers. (To be clear, Blockstream was founded before mid 2015 but did not become publicly active until then). A lot of people, including myself, tried to point out there we're some very serious potential conflicts of interest that could arise when one single company controls most of the main developers for the biggest decentralised and distributed cryptocurrency. There were a lot of unknowns but people seemed to give them the benefit of the doubt because they were apparently about to release some new software called "sidechains" that could offer some benefits to the network. Not long after Blockstream came on the scene the issue of bitcoin's scalability once again came to forefront of the community. This issue came within the community a number of times since bitcoins inception. Bitcoin, as dictated in the code, cannot handle any more than around 3 transactions per second at the moment. To put that in perspective Paypal handles around 15 transactions per second on average and VISA handles something like 2000 transactions per second. The discussion in the community has been around how best to allow bitcoin to scale to allow a higher number of transactions in a given amount of time. I suggest that if anyone is interested in learning more about this problem from a technical angle, they go to r/btc and do a search. It's a complex issue but for many who have followed bitcoin for many years, the possible solutions seem relatively obvious. Essentially, currently the limit is put in place in just a few lines of code. This was not originally present when bitcoin was first released. It was in fact put in place afterwards as a measure to stop a bloating attack on the network. Because all bitcoin transactions have to be stored forever on the bitcoin network, someone could theoretically simply transmit a large number of transactions which would have to be stored by the entire network forever. When bitcoin was released, transactions were actually for free as the only people running the network were enthusiasts. In fact a single bitcoin did not even have any specific value so it would be impossible set a fee value. This meant that a malicious person could make the size of the bitcoin ledger grow very rapidly without much/any cost which would stop people from wanting to join the network due to the resource requirements needed to store it, which at the time would have been for very little gain. Towards the end of the summer last year, this bitcoin scaling debate surfaced again as it was becoming clear that the transaction limit for bitcoin was semi regularly being reached and that it would not be long until it would be regularly hit and the network would become congested. This was a very serious issue for a currency. Bitcoin had made progress over the years to the point of retailers starting to offer it as a payment option. Bitcoin companies like, Microsoft, Paypal, Steam and many more had began to adopt it. If the transaction limit would be constantly maxed out, the network would become unreliable and slow for users. Users and businesses would not be able to make a reliable estimate when their transaction would be confirmed by the network. Users, developers and businesses (which at the time was pretty much the only real bitcoin subreddit) started to discuss how we should solve the problem r/bitcoin. There was significant support from the users and businesses behind a simple solution put forward by the developer Gavin Andreesen. Gavin was the lead developer after Satoshi Nakamoto left bitcoin and he left it in his hands. Gavin initially proposed a very simple solution of increasing the limit which was to change the few lines of code to increase the maximum number of transactions that are allowed. For most of bitcoin's history the transaction limit had been set far far higher than the number of transactions that could potentially happen on the network. The concept of increasing the limit one time was based on the fact that history had proven that no issue had been cause by this in the past. A certain group of bitcoin developers decided that increasing the limit by this amount was too much and that it was dangerous. They said that the increased use of resources that the network would use would create centralisation pressures which could destroy the network. The theory was that a miner of the network with more resources could publish many more transactions than a competing small miner could handle and therefore the network would tend towards few large miners rather than many small miners. The group of developers who supported this theory were all developers who worked for the company Blockstream. The argument from people in support of increasing the transaction capacity by this amount was that there are always inherent centralisation pressure with bitcoin mining. For example miners who can access the cheapest electricity will tend to succeed and that bigger miners will be able to find this cheaper electricity easier. Miners who have access to the most efficient computer chips will tend to succeed and that larger miners are more likely to be able to afford the development of them. The argument from Gavin and other who supported increasing the transaction capacity by this method are essentially there are economies of scale in mining and that these economies have far bigger centralisation pressures than increased resource cost for a larger number of transactions (up to the new limit proposed). For example, at the time the total size of the blockchain was around 50GB. Even for the cost of a 500GB SSD is only $150 and would last a number of years. This is in-comparison to the $100,000's in revenue per day a miner would be making. Various developers put forth various other proposals, including Gavin Andresen who put forth a more conservative increase that would then continue to increase over time inline with technological improvements. Some of the employees of blockstream also put forth some proposals, but all were so conservative, it would take bitcoin many decades before it could reach a scale of VISA. Even though there was significant support from the community behind Gavin's simple proposal of increasing the limit it was becoming clear certain members of the bitcoin community who were part of Blockstream were starting to become increasingly vitriolic and divisive. Gavin then teamed up with one of the other main bitcoin developers Mike Hearn and released a coded (i.e. working) version of the bitcoin software that would only activate if it was supported by a significant majority of the network. What happened next was where things really started to get weird. After this free and open source software was released, Theymos, the person who controls all the main communication channels for the bitcoin community implemented a new moderation policy that disallowed any discussion of this new software. Specifically, if people were to discuss this software, their comments would be deleted and ultimately they would be banned temporarily or permanently. This caused chaos within the community as there was very clear support for this software at the time and it seemed our best hope for finally solving the problem and moving on. Instead a censorship campaign was started. At first it 'all' they were doing was banning and removing discussions but after a while it turned into actively manipulating the discussion. For example, if a thread was created where there was positive sentiment for increasing the transaction capacity or being negative about the moderation policies or negative about the actions of certain bitcoin developers, the mods of r/bitcoin would selectively change the sorting order of threads to 'controversial' so that the most support opinions would be sorted to the bottom of the thread and the most vitriolic would be sorted to the top of the thread. This was initially very transparent as it was possible to see that the most downvoted comments were at the top and some of the most upvoted were at the bottom. So they then implemented hiding the voting scores next to the users name. This made impossible to work out the sentiment of the community and when combined with selectively setting the sorting order to controversial it was possible control what information users were seeing. Also, due to the very very large number of removed comments and users it was becoming obvious the scale of censorship going on. To hide this they implemented code in their CSS for the sub that completely hid comments that they had removed so that the censorship itself was hidden. Anyone in support of scaling bitcoin were removed from the main communication channels. Theymos even proudly announced that he didn't care if he had to remove 90% of the users. He also later acknowledged that he knew he had the ability to block support of this software using the control he had over the communication channels. CONTINUE READING THE FULL POST HERE... This post was written by /u/Singularity87 in 2017. Thanks to /u/Jessquit for the reminder about this post in another comment of his. [link] [comments]  | ||
| It Took Bitcoin Only 10 Years to Get to G7 Anthony Pompliano Posted: 22 Aug 2019 12:20 AM PDT
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| bitcoin-ts now includes a full BCH virtual machine: evaluate and debug BCH scripts in JavaScript Posted: 21 Aug 2019 09:44 AM PDT
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| Slot_machine: DICE X CRYPTOMANIA 48h LAUNCH EVENT — 1,280,000 DICE + 128,000 MANIA Up for Grabs! Posted: 22 Aug 2019 02:03 AM PDT
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| Meme War Rages: BTC Maximalists Caught in ERC20 Sh*tcoin Scheme, Try Walking Back as "IPO" Posted: 21 Aug 2019 02:06 PM PDT
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| Hey Look, We're Overrun with SV Shills Today Posted: 21 Aug 2019 02:27 PM PDT Yesterday there was a post about near-50% hash rate from unknown miners and today we're infested with SV trolls - how convenient and utterly predictable. [link] [comments]  | ||
| The Israel Bitcoin Association Want Banks to Publicize Cryptocurrency Policies Posted: 21 Aug 2019 04:30 PM PDT
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| Discussion: A product-market fit that accelerates cryptocurrency awareness globally. Posted: 21 Aug 2019 10:41 PM PDT Ever so often I wonder why people in this space aren't doing enough to spread the adoption of crypto. I always wonder what will make the breakthrough. There's a constant need for a product that does for cryptospace what Google did to the Internet. I'm much aware of all the issues we are technically facing in the field. They yet need to be worked upon, but while the techies work on the geek stuff someone needs to work on the smart stuff too. I have a couple of things in mind. -A media publication that talks about how emerging technology [Blockchain, Ai, IoT, etc] can be used by small-medium enterprises. Cover stories on how a particular tech company helped a small scale business to grow. [its more of a CSR thingy for emerging tech] It's a way to connect the general population with the crypto world. -A killer app which is the ecosystem of all things crypto. If you wanna know the prices, or the technology, or need help in trading. This will do it all and at the same time give you user profiles to maintain your database of the preferred crypto and tech. This would be the go-to place for everything crypto for people who want to know more about what crypto and its tech does. With this there will also be 1 minute videos for every crypto with an interactive theme [bandersnatch] so if someone needs to know a quick overview then you can and if you want it to be detailed then follow the trail and click on the options given for the elaborated explanation of the video [have a feeling it will work well with the tech/finance millenials]. -A token curated registry wherein news about cryptocurrencies, what scams do, which projects are good and what type of market trends will be portrayed - fully crowdsourced. Pages on every crypto asset that's there, and people can submit their views to the portal after which the editors can check out the authenticity, edit it grammatically, etc and post it out. Depending on the traction the source gets the contributor be it known or anonymous will get tokens convertible into fiat or any other crypto at any point. Additionally, all the info stays out there be it good or bad. Everything stays out there! Of course, this is just the outline there will be a lot more to it. But what do you guys think? PS:- Please don't be rude we all really just need to help each other to make the pace grow. I'm a big believer of market research inside and outside the space, which I did and the results recommended these three products. So help me out without being a douche? Much love! [link] [comments]  | ||
| Craig Wright seemingly caught lying and falsifying documents yet again Posted: 21 Aug 2019 03:18 PM PDT
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| Samson Mow being called out for being a hypocrite Posted: 21 Aug 2019 10:05 AM PDT
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| Evaluate and Debug Bitcoin Cash Scripts in JavaScript Posted: 21 Aug 2019 10:10 AM PDT
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| Moscow's blockchain voting system cracked a month before election Posted: 21 Aug 2019 03:39 PM PDT
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