• Breaking News

    Monday, September 9, 2019

    BTC Vitalik Buterin: "Ashamed to see anti-BTC people focus[ing] on this third degree connection (JE➜Joi➜DG➜BS and JE➜Joi➜DCI➜core devs) to argue BTC dev is horribly corrupt. Let's stop abusing tragedies to push agendas and focus on substance please."

    BTC Vitalik Buterin: "Ashamed to see anti-BTC people focus[ing] on this third degree connection (JE➜Joi➜DG➜BS and JE➜Joi➜DCI➜core devs) to argue BTC dev is horribly corrupt. Let's stop abusing tragedies to push agendas and focus on substance please."


    Vitalik Buterin: "Ashamed to see anti-BTC people focus[ing] on this third degree connection (JE➜Joi➜DG➜BS and JE➜Joi➜DCI➜core devs) to argue BTC dev is horribly corrupt. Let's stop abusing tragedies to push agendas and focus on substance please."

    Posted: 09 Sep 2019 12:24 AM PDT

    [Update] A Map of Blockstream Investors

    Posted: 08 Sep 2019 11:59 AM PDT

    Bitcoin Cash (BCH) proves that an open source project like "Bitcoin" can survive after being hijacked (in 2014) by a company [ ... ]

    Posted: 08 Sep 2019 09:19 PM PDT

    UTXO commitments and 0conf

    Posted: 09 Sep 2019 01:08 AM PDT

    The link may not be obvious, but I just realized there is a link.

    A UTXO consists of a miner committing a hash of the UTXO set into their block. However, it's possible to use a Merkle tree structure for the commitment. Assuming this UTXO merkle root is included in the block header, you could now prove that any output is still unspent at the current block height.

    Basically, whenever you receive an unconfirmed TX, you'd request 2 proofs:

    a) Proof the TX builds upon a TX that was in a previous block (current SPV)

    b) Proof that the consumed input is still unspent in the current block height (added functionality)

    With this added functionality, a SPV wallet would be as good at receiving 0conf payments as a full node!

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

    The best thing about BTC is...

    Posted: 08 Sep 2019 08:57 PM PDT

    All that hashpower that has a good chance to be mostly mining on Bitcoin Cash in the future.

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

    Bitcoin Users Consider Their On-Chain to be "Locked Up"

    Posted: 08 Sep 2019 07:23 PM PDT

    Building the Bitcoin Cash City - Noel Lovisa & Hayden Otto

    Posted: 09 Sep 2019 01:03 AM PDT

    Major problem with the lightning network, I just learned

    Posted: 08 Sep 2019 08:21 PM PDT

    So basically when two people transact on the lightning network, they create new commitment transactions for each transaction between them, these commitment transactions can be broadcast by either party back to the original blockchain at anytime in order to release funds from the lightning network back to the main blockchain.

    So why can't one party just broadcast an older commitment transaction? Well it turns out they can. The way the lightning network tries to solve this, is that any commitment transaction broadcast has a three day wait period before funds are released back to the main net, which allows the party that had money stolen from them time to prove that they had a newer commitment transaction, in which case they would receive all of the funds in the channel. Basically you can not retrieve your money from the lightning network for three days, which is a horrible user experience. I suppose this is also the reason both parties need to be online at the same time to make transactions.

    https://steemit.com/bitcoin/@smcaterpillar/bitcoin-2-0-the-lightning-network-explained

    https://lightning.network/lightning-network-paper.pdf

    Edit:

    I believe a channel can close for both parties, if they both agree and broadcast the latest commitment transaction, however this still allows the possibility of one party blocking another party from spending their money for three days, or 1000 confirmations. Furthermore, if one party isn't watching, or is not online, then after 1000 confirmations one party can steal money from the other party.

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

    Building on bitcoin cash is so easy and fun: wireless cellphone charger

    Posted: 08 Sep 2019 01:10 PM PDT

    Please enable caption:
    https://www.youtube.com/watch?v=febOrbwwXbg

    I created a proof of concept of wireless charger in 180 minutes, powered by Bitcoin Cash. It's very simple. Pay to Bitcoin Cash Register, then the wireless charger will turn on the power depend on how much you pay. This business model is very difficult to fulfill by fiat money or credit card because of micro amount of payments. And this device is very low-cost and easy-to-maintain. I think it's sutible for youth hostels or mountain huts.

    Bitcoin Cash is the most user and developer-friendly cryptocurrency. It's very simple and straightforward. There are full of development resource at developer.bitcoin.com , too. If you have new idea, it's very easy and fun to build it on bitcoin cash now, no need to wait for 18 months.

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

    History Lesson: in depth Cornell University study recommends 4MB block size [2016]

    Posted: 08 Sep 2019 11:13 PM PDT

    Blockstream Management on The Epstein & M.I.T. Media Lab Story

    Posted: 08 Sep 2019 10:40 AM PDT

    You Can Buy a Dream Car With Bitcoin Cash at Autocoincars.com - Bitcoin News

    Posted: 09 Sep 2019 01:57 AM PDT

    > Lightning Network - meme

    Posted: 08 Sep 2019 05:12 PM PDT

    What is the connection between Adam Back, @adam3us , his company Blockstream and billionaire Jeffrey Epstein?

    Posted: 08 Sep 2019 01:46 PM PDT

    The Bitcoin Cash Register app has been downloaded more than 10,000 times on Android!

    Posted: 08 Sep 2019 06:16 AM PDT

    ‘Avoid Biased Calculations’ Says Crypto Researcher After Cherry-Picked Chart Debate

    Posted: 08 Sep 2019 01:34 PM PDT

    BSV community is calling for brigading and explicitly harassing specific users

    Posted: 08 Sep 2019 12:08 PM PDT

    Does your wallet leak your information? Interview By Naomi Brockwell with Josh Ellithorpe

    Posted: 08 Sep 2019 02:04 PM PDT

    BCH chain daily transactions chart: pictured the transaction buildup in 2017 vs Sep18 stress test (source https://charts.bitcoin.com)

    Posted: 09 Sep 2019 02:04 AM PDT

    Reward your customers with bitcoin dividends and token airdrops. ����Here’s a new open source library for doing this very easily:

    Posted: 08 Sep 2019 09:39 AM PDT

    Blockstream Hat Maker Shares Salty Fairytale Stories ...��‍♀️

    Posted: 08 Sep 2019 11:47 AM PDT

    Crypto Exchanges Coinbase and Binance Help With Hurricane Relief Efforts - How Blockchain Could End Charity Fraud...

    Posted: 08 Sep 2019 10:56 PM PDT

    Binance Closer to Becoming One-Stop Shop for Crypto Service with All the Recent Developments

    Posted: 09 Sep 2019 12:37 AM PDT

    Jeff Garzik: "How much Epstein money went to Digital Garage?"

    Posted: 08 Sep 2019 08:51 AM PDT

    Canadians Charged for $220,000 Bitcoin Scam on Twitter

    Posted: 08 Sep 2019 05:06 PM PDT

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