• Breaking News

    Sunday, May 31, 2020

    BTC This has never been more relevant in the crypto community...

    BTC This has never been more relevant in the crypto community...


    This has never been more relevant in the crypto community...

    Posted: 30 May 2020 03:33 PM PDT

    Decentrally Tokenized Ethereum is Coming to BCH - Masked Ethereum on Bitcoin (EmB)

    Posted: 30 May 2020 08:31 PM PDT

    Hong Kong Vending Machines Choose BCH over BTC

    Posted: 30 May 2020 12:06 PM PDT

    Uncensorable, Encrypted Media Sharing

    Posted: 30 May 2020 05:47 PM PDT

    Bitcoin Cash, the early years. Still the underdog, for now.

    Posted: 30 May 2020 02:20 PM PDT

    PODCAST Bitcoin Influencers Changed, Roger Ver Didn't, New Cryptopia Documentary Shows

    Posted: 30 May 2020 05:02 PM PDT

    American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System

    Posted: 30 May 2020 09:23 AM PDT

    BTC supporters. What does the "perfect" end-game look like for BTC?

    Posted: 30 May 2020 08:15 PM PDT

    From my perspective it looks like 1MB blocks, 100% of the onchain transactions are used to open/close LN channels or otherwise LN related transactions only, 100% of onchain fees are used to support BTC hashrate.

    By this time coinbase reward is negligible.

    Can it get more ideal than this?

    So lets do the math.

    Lets say the $125,000 per block in fees is good enough to get us to the equivalent 12.5 BTC reward when price was $10K.

    So with 1MB blocks, $125K is $50 for a 400 byte transaction.

    How often will you use onchain transaction to open/close/refill your LN channel? I would imagine as often as people pay their credit cards, but lets be generous and say you do it 3 times a year.

    Thats $150.

    That is equivalent to 15,000 transactions on Bitcoin Cash with $0.01 fees.

    Even with a perfectly working LN solution, I would be paying more in one year for fees than I would be in a lifetime using Bitcoin Cash.

    Edit: I forgot to mention that LN transactions also cost as well - maybe half as much as Bitcoin Cash? But also companies that give you LN wallets and hide all the complexity for you also will very likely charge you a percentage of what you are transferring. I know of one LN wallet that charges 0.1% of the transfer amount.

    submitted by /u/whyison
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    Dammit Honk Kong. Yep, Honk. https://cointelegraph.com/news/hong-kong-vending-machines-choose-bch-over-btc

    Posted: 30 May 2020 06:07 PM PDT

    Craig Wright loses against Roger Ver in court.

    Posted: 30 May 2020 06:46 PM PDT

    Adoption!

    Posted: 30 May 2020 07:57 PM PDT

    Dropped my first BCH tip in a tip jar today

    Posted: 30 May 2020 07:55 AM PDT

    I dropped my first BCH tip generated from gifts.bitcoin.com in a tip jar at my local Dunkin' Donuts today. Coincidentally that location (in a gas station) has a crypto ATM so I thought it was a fitting place to drop tip #1. I really hope someone redeems it.

    Crossing my fingers!!

    submitted by /u/HeavenHellorHoboken
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    China, Korea, and Australia introduce blockchain and digital currency curricula to boost employment potential

    Posted: 31 May 2020 01:04 AM PDT

    Three major powers are betting on the long-term potential of cryptocurrencies, digital currencies, and blockchain.

    In separate developments, schools and publishers in Korea, China, and Australia introduced blockchain and digital currency-related coursework for graduates and government officials, guided by narratives of future opportunities and concerns of potential unemployment.

    Australia's RMIT offers blockchain course

    On May 26, Melbourne's RMIT University launched postgraduate courses in blockchain and cybersecurity. As the site shows, the varsity targets technology graduates and startup founders with the necessary skills for a new market.

    WE'RE EXCITED TO BE ADDING TO OUR PORTFOLIO WITH TWO NEW POSTGRADUATE PROGRAMS IN PARTNERSHIP WITH @IBM, @PALOALTONTWKSAND @STONEANDCHALK – THE GRADUATE CERTIFICATE IN CYBER SECURITY AND GRADUATE CERTIFICATE IN BLOCKCHAIN-ENABLED BUSINESS

    The nine-month program will start later in 2020 and is delivered in partnership with IBM and Palo Alto Networks. RMIT notes the global blockchain industry is expected to rise over 80 percent year-on-year, and only "one in 20" managers are able to find relevant talent.

    "Cybersecurity and blockchain technologies are emerging as business-critical skills and we are delivering the training that provides those skills in our workforce," noted Rupert Colester of IBM Australia.

    Australian National University, a top-20 school globally, also introduced blockchain law courses in collaboration with Ripple Labs earlier this year. The coursework explores the trend of legal framework and digital currencies while equipping graduates with all knowledge pertaining to cryptocurrencies and their place in global financial systems.

    China's parliament book

    As per local publication Weixin last week, the Central Party School of the Communist Party of China (CCP) published a book as part of an ongoing series on disruptive technologies, which includes AI, blockchain, machine learning, and other upcoming tech.

    Called "A Dialogue With Party Leaders About Blockchain," the publisher aims to become a distinguished, trusted source on the topic of technology trends and markets itself to both party officials and the general public.

    The book goes back to the early ages to explain fiat currency, providing readers with a definite overview of how paper money came into being, the creation of credit and lending, how debt plagued the world, and finally, a number of negatives about the current financial system.

    Other chapters move on to explaining tokenization, ICOs, and an in-depth explanation about crypto-exchanges and their relevance in cross-border trade. Various regulatory stances and issues regarding digital currencies are discussed in the final chapters.

    Last year, the country's prestigious Zhenjiang University launched a blockchain graduate course, while Chengdu University started a Bachelors's in Blockchain Studies this year.

    Korea's blockchain lab

    In Korea, weeks after the government mulled a $400 million blockchain fund, a top-ranking university is investing in blockchain- and fintech-based infrastructure to equip graduates with necessary skills.

    Daejeon University announced on May 26 the opening of it new fintech-focused lab called "Future Convergence." Blockchain features majorly in the plans, with the university exploring ways to integrate the technology into smart cities, smart factories, and advancements in healthcare.

    The university notes knowledge of blockchain technology and fintech may bolster employment among Korean graduates, who suffer the ill-effects of a saturated job market. Officials, using a China-Esque philosophy, believe the adoption of newer technologies will foster "talents for the fourth industrial revolution."

    Jobs prospects for new graduates are not great in Korea. A Reuters report from 2019 suggests thousands of highly-qualified students struggle to find work in the country, citing the presence of family-run "chaebols" and low overall openings as two major factors.

    submitted by /u/kealenz
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    AnyHedge - safe boundaries for contracts

    Posted: 30 May 2020 05:16 AM PDT

    Why are median transaction values for BCH so low?

    Posted: 30 May 2020 04:07 PM PDT

    I'm looking at the statistics right now, and it seems like the median transaction value is under $0.01 most of the time. This obviously makes the transactions per day look more, but it's suspicious that Bitcoin Cash has very small median transaction values especially when compared with other smaller cap coins like Litecoin (~$40), Dogecoin (~$12), Dash (~$10), and others. This is a bit concerning since it seems to be the only chain that has this issue. Also the issue isn't fees. Dash, Dogecoin, and Litecoin are all fairly cheap to transact with. Can someone explain why this is the case, because then it means that the "daily transactions" number is not a genuine reflection of how much Bitcoin Cash is being used, and that an overwhelming majority of transactions are just small transactions inflating the number of transactions that appear to be on the network.

    submitted by /u/1MightBeAPenguin
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    It's Shuffle Saturday!

    Posted: 30 May 2020 06:40 AM PDT

    CashShuffle is a privacy tool that automatically mixes (or "shuffles") your coins with other CashShuffle users, making it harder to spy on you with blockchain analysis. There have already been 52,335 shuffles, making 248,348 BCH more private =)

    Shuffle veterans, spin up your wallets! CashFusion early adopters, consider closing 4.1.0 and opening up 4.0.15 for the day.

    New to privacy on Bitcoin Cash? No problem, getting set up is EASY.

    Just download the Electron Cash desktop wallet. It's got CashShuffle built in!

    Learn more at https://cashshuffle.com/

    Or learn about how CashShuffle works "under the hood" with this explainer video:

    https://www.youtube.com/watch?v=8g0Levpj1I4

    Happy shuffling!

    submitted by /u/AD1AD
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    Development

    Posted: 30 May 2020 08:40 AM PDT

    What is the next upgrade that BCH will be getting. I have looked at the road map but am confused as to what development will be implemented next?

    submitted by /u/Bilalzahid26
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    Is there a wallet that can be used both for bitcoin and bitcoin cash? Something that can potentially store and allow to use both for transactions?

    Posted: 30 May 2020 09:46 AM PDT

    If you could direct me towards something I would appreciate it, thank you.

    submitted by /u/Alcianovolka124
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    Digital Dollar Project Whitepaper; JPMorgan $2.5 Million Crypto Lawsuit; BitPay Won't Support Lightning

    Posted: 30 May 2020 11:37 AM PDT

    What is the correct byte sequence for Memo actions?

    Posted: 30 May 2020 03:22 AM PDT

    Bought a full BTC (bitcoin)

    Posted: 31 May 2020 12:27 AM PDT

    I bought a full btc Should I Hold or sell? Any suggestions

    View Poll

    submitted by /u/barakibra
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