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    BTC Coffee Dominion - a huge name in North Queensland, gets onboard with Bitcoin Cash

    May 25, 2020

    BTC Coffee Dominion - a huge name in North Queensland, gets onboard with Bitcoin Cash

    Coffee Dominion - a huge name in North Queensland, gets onboard with Bitcoin Cash

    Posted: 24 May 2020 08:36 PM PDT

    Blockstream tries to hide the fact that Liquid and their other “decentralized” products won’t be available in the countries sanctioned by the U.S.

    Posted: 24 May 2020 02:17 PM PDT

    Two Weeks Now

    Posted: 24 May 2020 10:57 PM PDT

    Mailchimp banned my entire account for saying the word "Bitcoin" once.

    Posted: 24 May 2020 06:14 AM PDT

    “The days of turning $100 into $10,000 trading bitcoin are OVER. The market has matured with more sophisticated market participants siphoning money from the degenerate gamblers.”

    Posted: 25 May 2020 12:07 AM PDT

    Nikita Zhavoronkov: "Blockstream and Core “developers” are the worst obstacle Bitcoin has ever faced and has yet to overcome. They’ve created a problem and now selling a solution — a centralized and anti-privacy one."

    Posted: 24 May 2020 11:38 AM PDT

    This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System

    Posted: 24 May 2020 05:56 PM PDT

    The attempted come back of CoinEx, China's forked-Bitcoin exchange

    Posted: 25 May 2020 01:16 AM PDT

    The attempted come back of CoinEx, China's forked-Bitcoin exchange

    Written by Shuyao Kong

    Published by decrypt.co

    An interview with Haipo Yang, a crypto OG who's trying to reposition his Bitcoin Cash-based CoinEx exchange. And more, in this week's da bing.

    https://preview.redd.it/h5f3i3lldv051.jpg?width=3200&format=pjpg&auto=webp&s=09b8696303ae5c6170753cc438929ebe520d4605

    Haipo Yang, founder of ViaBTC, one of the largest mining pools in the world, and CoinEx, a crypto exchange known for its focus on Bitcoin Cash-based trading, is a well-known but relatively quiet character in China's crypto circle. Typically, Yang doesn't talk that much about his journey launching the mining pool, nor about CoinEx, which launched in December 2017.

    And he almost never speaks about his fervent support for BCH, a hard fork of Bitcoin, and his now even more enthusiastic belief in BSV.

    ​

    https://preview.redd.it/y607ct7rdv051.png?width=543&format=png&auto=webp&s=76c2b7b29d6ddf2721f3b859231a1bd2b3f8b1e3

    Yet that's changing of late. Yang has been more active in recent months, participating in interviews about CoinEx and tweeting more frequently on Weibo, China's Twitter. He's been making controversial statements predicting the death of BTC, while supporting BCH and BSV on social media.

    Recently, Yang told me that as a developer rather than a business person, he's never been comfortable speaking in public. However he's making an effort now to help publicize his renovation of CoinEx. So, for this week's da bing, I decided to chat with him and get a peek into the mind of a veteran crypto entrepreneur who's trying to make a personal, as well as a platform, comeback.

    CoinEx's golden opportunity

    The first hard fork of Bitcoin occurred in August, 2017 and created a new cryptocurrency called Bitcoin Cash. The fork was prompted by partisans, including Yang, who wanted bigger block sizes on the blockchain — the basic idea was that bigger blocks would enable more transactions per second and make Bitcoin Cash something people would actually use to buy things, rather than Bitcoin's more commonly perceived use as a store of value.

    Yang added a tremendous amount of value to the mining scene in China. As a technical founder with has years of experience in big tech firms such as Tencent, Yang is proud of his #buidl skills. He developed most of the code in the early days of VicBTC, which became one of the biggest mining pools to this day.

    Not satisfied with owning just a mining pool,Yang conceived of CoinEx, which was born in December of that year, specifically to carry on the mission of the newly forked Bitcoin Cash blockchain. As he got swept up in Bitcoin Cash enthusiasm, he even said that "BCH is bitcoin."

    CoinEx's strategy was BCH-focused from day one; BCH was its base currency, meaning you could use it to buy and sell other currencies, such as Ethereum and Litecoin.

    Interestingly, Jihan Wu, the co-founder of Bitcoin Exchange — himself a famous BCH supporter — was a big investor in the exchange. That made me wonder why he, Yang, and many other OG crypto miners, were so passionate about BCH. Was it just about bigger block sizes?

    "Bigger block size means more users and use cases," Yang explained. The move to bigger block sizes was attractive to miners because they would facilitate more transactions. Miners make money on transaction fees, as well as mining blocks. Likewise, the network would arguably be more useful to people, who were looking for digital cash for every day use.

    That especially resonated with many early hardcore Bitcoiners. Said Yang: "We really believe that Bitcoin should be a P2P cash vehicle rather than a store of value."

    This view probably sounds outdated to people who believe that Bitcoin's value as cash is long gone, with solutions such as Lightning Network fulfilling that role. Instead, the new narrative for Bitcoin resides in its value, rather than utility. Yet Yang believed that the forked network would create far more opportunity

    "We could invite influential companies to establish nodes and contribute to the network. This cannot be done with the original Bitcoin architecture," he said.

    CoinEx pivots

    But from its inception, CoinEx struggled with adoption and was dwarfed by the bigger exchanges. Part of that had to do with the fact that BCH and "Bitcoin Satoshi's Vision," another Bitcoin hard fork, were both controversial. Critics pointed out that these networks are centralized in a few big mining pools, and 51% attacks are not out of the question.

    So over time, though Yang's exchange still maintains strong support for BCH and BSV, it began to add support for all the major currencies.

    Finally, in January of this year, it announced a major upgrade, of… well, just about everything. It started to offer futures trading, leveraged trading, options trading, and over 100 token projects available to traders. It even rolled out its own blockchain, "CoinEx Chain" to support a new DEX, "CoinEx DEX."

    https://preview.redd.it/3okoy5mudv051.png?width=1432&format=png&auto=webp&s=7099249da4a95db873d268f2dfc95d8db93a368e

    The seemingly sudden publicity of CoinEx should not come as a surprise, then. As BCH/BSV was being marginalized, Yang shifted his focus. He's now trying to ride the wave of building a bigger, more dynamic exchange.

    "Crypto exchanges are where value is discovered," Yang told me.

    CoinEx: TNG

    Building an exchange isn't done overnight, nor is re-building one. CoinEx is still competing with the giants such as Binance.

    However Yang thinks his exchange will thrive by zigging when his competitors zag. As usual, CoinEx is taking a slightly different route, he told me.

    Like what? "We will be listing 小币种," he said, using the expression for "small token projects." I cannot help but wonder if these "small token projects" are simply shitcoins, the trading of which is certainly not new.

    Indeed, Yang said that he's banking on the success of his new, public blockchain. "We are building a CoinEx Chain, a layer one protocol for DEX alone. Using our public blockchain, anyone can issue any token, at any time," he said. He described the blockchain as "a real decentralized, token-issuance and transaction platform."

    This is the core of Yang's plan and vision. He believes that centralized exchanges will be a bottleneck for crypto adoption because it contradicts crypto's nature as a completely free and open infrastructure. Essentially anyone should be able to launch a token and trade it with anyone. Only by building DEXes can we achieve full decentralization, he says.

    The Religious nature of Bitcoin, and forked Bitcoin

    It's his belief that Bitcoin should adhere to Satoshi's original vision that led Yang to send yet another controversial tweet last week, which I will translate: "The early days of Bitcoin expansion are similar to religion. The religious fervor brings prosperity to the industry."

    ​

    https://preview.redd.it/e58oiozxdv051.png?width=543&format=png&auto=webp&s=e7452566ee5d04455ee646bee237d6240896e4ee

    By extension, Yang believes that the next generation of Bitcoin should provoke a similar "religious" fervor. That's why he has slowly become more of a BSV advocate than a fan of Bitcoin Cash. Yang believes that "BSV has more religious connotations, despite its negative image." (As most crypto people know, the controversial Craig Wright, who claims to be Satoshi Nakamoto, led the hard fork which created BSV. Consequently it is often met with skepticism and derision.)

    "The early days of Bitcoin expansion are similar to religion," said Yang. "The religious fervor brings prosperity to the industry."

    Crypto is famous for its tribalism. Many people choose one camp over another not for practical reasons but because of simple faith. Talking to Yang and reading his tweet brings a historic texture to the Bitcoin narrative. But crypto cannot survive on religion alone. One has to build. Hash might have been worshipped in the old days but now the crypto religion is all about the size of the congregation.

    Original article

    Click here to register on CoinEx!

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

    anti Bitcoin Cash propaganda is strong these days

    Posted: 24 May 2020 09:44 PM PDT

    It seems after failing in splitting the Bitcoin Cash community once again,

    new propagandists from all sides do pop up now, badmouthing.

    Fun Fact (not really), nobody is talking about usage .

    We (the Bitcoin Cash community) and the code of our favourite blochchain must be really good,

    when our self proclaimed competitors need to talk so much about it.

    :P

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

    Ethereum Now Holds Four Times More Bitcoin Than The Lightning Network

    Posted: 24 May 2020 09:01 AM PDT

    Uncensorable Encrypted Messaging using BCH and IPFS - Part 2

    Posted: 24 May 2020 11:37 AM PDT

    Chris Troutner busy as usual

    Posted: 24 May 2020 11:18 AM PDT

    Adam Back is not pleased with r/btc ��‍♂️

    Posted: 24 May 2020 05:39 AM PDT

    I've watched this video couple times & here are my thoughts...

    Posted: 24 May 2020 04:30 PM PDT

    Mullvad VPN accepting BCH again with 10% discount.

    Posted: 24 May 2020 02:05 AM PDT

    How does smart contract scripting capacity of bitcoin cash compare with ethereum?

    Posted: 24 May 2020 11:35 AM PDT

    Adams strategy to get exchanges to include Liquid is for users to "nag them". Good luck getting exchanges to list a Blockstream product when Blockstream sabotaged the 2mb fork that all exchanges supported

    Posted: 24 May 2020 04:28 AM PDT

    Tether: The Sugar Daddy of BTC coin

    Posted: 24 May 2020 05:26 AM PDT

    More and more Africans began to adopt Crypto

    Posted: 25 May 2020 12:10 AM PDT

    More and more Africans began to adopt Crypto

    More and more Africans began to adopt Crypto. Nigeria, South Africa, Ghana, and Kenya are frequently among the top 10 countries by Google searches for the word "Bitcoin" in a recent report by Arcane Research and Luno. Africa suffered from monetary crises and currency failures.

    ​

    https://preview.redd.it/33lsrg4d2v051.jpg?width=1200&format=pjpg&auto=webp&s=81ed8b2f106b91b48da1bd373d94d76fe5e00c3a

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

    It is truly amazing how Bitcoin has existed for 11 years, in a world with 40% extortion and unlimited regulation, and still no one has figured out what Bitcoin's killer app is.

    Posted: 24 May 2020 05:42 AM PDT

    98 inputs/28 outputs, a sweet CashFusion consolidation transaction making over 33 BCH more private ������

    Posted: 24 May 2020 04:16 AM PDT

    Roger Ver has been the best promoter of Bitcoin Cash

    Posted: 24 May 2020 04:31 AM PDT

    Roger has truly supported Bitcoin Cash with his heart and soul, and is the best known celebrity marketing and promoting Bitcoin Cash.

    Could Bitcoin Cash thrive without his support?

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

    A nice debate from 2 years ago.

    Posted: 24 May 2020 01:27 PM PDT

    CoinMarketCap has the duty to filter out stablecoins without proper audits. With other coins, we can cryptographically verify the total supply. Tether is a black box and is influencing the entire market. We don't know if Tether is fully backed.

    Posted: 24 May 2020 05:09 AM PDT

    I want to spend my bch there.

    Posted: 24 May 2020 10:29 AM PDT
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