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    Home Unlabelled BTC Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again

    BTC Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again

    July 27, 2020

    BTC Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again

    Bitcoin Pops Above USD 10K, Ethereum Outperforms All Major Coins Again

    Posted: 27 Jul 2020 01:46 AM PDT

    When we rejected BSV, we rejected a cult of personality where one man dictates every rule.

    Posted: 26 Jul 2020 05:18 PM PDT

    It's quite alarming to see a few people here arguing for a strong dictatorship, trying to make up various non-excuses for one. Perhaps these people have always been fine with a cult of personality if the head knows how to code, and doesn't forge diplomas. I really hope that's not the case.

    See another cult, reject another cult.

    submitted by /u/imaginary_username
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    I have a joke about the lightning network. It’ll be ready in about 18 months.

    Posted: 26 Jul 2020 02:15 PM PDT

    Just warning everyone User BENICE on Local.bitcoin.com wanted me to send him a cash app payment before BCH was in escrow. He is a scammer. here are some of his ads, so you can avoid him. He has 100% good reputation which makes it easy to fall victim.

    Posted: 26 Jul 2020 05:53 PM PDT

    My joke about the lightning network is super funny. Well it’s not really just “my” joke. I have a partner that contributed to its creation, and I have to share control of the joke with them. I’d tell it but they’re not cooperating right now.

    Posted: 26 Jul 2020 09:53 PM PDT

    But seriously, the Lightning Network is dog shit. It's best characterized as a form of "semi-custodial banking." It's a necessarily-imperfect substitute for the actual Bitcoin network, and one with an inherent tendency towards massive centralization. Moreover, it becomes an even more imperfect substitute--and its incentives towards massive centralization become progressively stronger--as on-chain fees rise. The idea that it represents any kind of meaningful "scaling solution" for Bitcoin is a complete farce. Expanded explanation here.

    submitted by /u/Capt_Roger_Murdock
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    Twitch gives subscribers 10% discount if they pay with cryptocurrency (including Bitcoin Cash)

    Posted: 27 Jul 2020 01:34 AM PDT

    Hi! I'm the founder of read.cash and I'm here to tell you something about development using Bitcoin Cash.

    Posted: 26 Jul 2020 08:29 AM PDT

    Developer.bitcoin.com just donated 200 BCH to the mainnet.cash Flipstarter to build more BCH developer tools!

    Posted: 26 Jul 2020 09:38 AM PDT

    New BCH business card mailers are getting swept at a higher rate than the first iteration, they go in with every item we ship to Amazon warehouses. Banana for scale.

    Posted: 26 Jul 2020 11:18 AM PDT

    Chris Troutner:” I hope this provides a good platform for #Ethereum #JavaScript developers who are looking at #BitcoinCash due to the $ETH high fees. Come dip your toe in the water! It's free. Welcome! We have tokens!”

    Posted: 26 Jul 2020 10:42 AM PDT

    PODCAST Bitcoin Cash at 3: The Most Promising Blockchain, By Tobias Ruck

    Posted: 26 Jul 2020 11:44 PM PDT

    Development Using Bitcoin Cash is Still Unnecessarily Hard: Read.cash Looks to Raise 750 BCH (~$175,000) in Flipstarter Campaign

    Posted: 26 Jul 2020 01:02 PM PDT

    We need to stop leaving things to the last minute, we need to avoid implementing changes in a rushed manner. Updates are supposed to be boring events; this pattern of drama and uncertainty in anticipation of each update is hurting the value of the coin.

    Posted: 27 Jul 2020 02:37 AM PDT

    Anything big enough to potentially lead to heated discussions, strong disagreements etc, needs to start being discussed, worked on, and tested to satisfaction, many versions in advance; always rushing contentious beta-like code straight into the production network under the threat of a split is not a good policy.

    submitted by /u/TiagoTiagoT
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    Coinbase Now Has Over 35 Million Users Around 100 Countries

    Posted: 27 Jul 2020 02:12 AM PDT

    A non-technical analysis of ASERT vs Grasberg

    Posted: 26 Jul 2020 11:23 AM PDT

    On "Drift correction"

    Posted: 26 Jul 2020 10:19 AM PDT

    Tether and BTC coin

    Posted: 26 Jul 2020 11:40 AM PDT

    This Week in Bitcoin Cash | July 20-26

    Posted: 26 Jul 2020 06:53 AM PDT

    In light of the DAA discussion - let's talk about the major thing BCH has *going* for it.

    Posted: 26 Jul 2020 08:13 AM PDT

    There's been a lot of negativity about the path of BCH in light of the DAA algorithm proposals. I just want to put that in perspective.

    BCH is unique in the levels of contention seen in development - but really, that stems from the fact that BCH is also unique in the number of major full nodes that comprise the network. (Right now, I'd call this about 2.5)

    BCH is not limited to a single node implementation. This means that ideas for development must be popular enough to not just enter the ecosystem through one development team, but enter in a way that convinces the majority of the development teams.

    In BCH, There is no single point of entry from the development side

    If you look at BTC, there is literally one major reference implementation and all other implementations must bow to the whim of that developer team or become a fork. The top end of decentralization for that project is literally the number of devs with commit access.

    The same is even more true of BSV. There is now literally a single implementation. Of course there's no contention there - they could literally program that fork off a cliff with no contention.

    While I'm not saying healthy development can't happen in these environments, the ability for unhealthy development to occur with a single repository controlling the entire project is much higher.

    The same is true with all other bitcoin forks that I am aware of.

    Ethereum is much better in the way they publicize development and community input, but at the end of the day - there is still one major implementation which could possibly, eventually become a point of failure.

    Really - going down the list of cryptocurrencies... most of them have potential issues (and to varying degrees) about the amount of centralization inherent to the development of the reference implementations.

    This is the one place where BCH shines

    Sure, there is contention over the DAA. Maybe it will cause a fork, and maybe it won't...

    One thing is true though - BCH has always fostered a healthy development environment. I've seen quite a few smaller projects pop up, and when a major project has dropped out, there has almost always been another to take up the slack.

    Right now, almost all of the teams are doing a great job to encourage and facilitate a democratic, decentralized development environment. Having multiple top-tier node implementations also prevents a single dev team from taking rogue actions that may adversely affect the chain.

    It would be unfortunate to see happen, but if a split does happen - I'm going to continue to follow the chain that follows the healthiest development approach.

    There's certainly still a lot of promise moving forward. On top of that, there is currently tons of blockspace for the next major bullrun. No imminent programming overhaul needed.

    TL;DR - While there's more contention in BCH, it's due primarily to a healthy and decentralized dev environment

    submitted by /u/CaptainPatent
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    Cleaning up the exchanges from the coins

    Posted: 27 Jul 2020 02:39 AM PDT

    Exchanges are having plenty of loose bch which tend to be held by the weak hands.

    My initiative is to buy at least some extra coins now while they are available, store them at my Trezor and spend when I can get the best possible deal between bch and the item(s) I want.

    submitted by /u/JarmoViikki
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    SideShift.AI supports the Gasberg DAA

    Posted: 27 Jul 2020 02:26 AM PDT

    Anarchyball is selling cool swag for BCH

    Posted: 26 Jul 2020 06:52 PM PDT

    Unit Wallet for Android

    Posted: 27 Jul 2020 01:39 AM PDT

    Greetings /r/BTC

    ​

    I have an old Android phone with Unit Wallet (https://play.google.com/store/apps/details?id=com.unitwallet) installed, and I suspect there may be a small amount of BCH in the wallet.

    ​

    My problem is that the wallet won't sync to the network and seems un-maintained. (The website is abandoned for random links, and the app hasn't been updated since 2018.)

    ​

    I can find my 12 word recovery-seed, but where can I input the seed? Does anyone know what current wallets would be compatible with the Unit Wallet seed words?

    ​

    Thanks in advance

    submitted by /u/organicbitcoingrowth
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    This is why DeFi on Bitcoin Cash will be a game changer

    Posted: 26 Jul 2020 08:09 AM PDT

    This is why DeFi on Bitcoin Cash will be a game changer

    This is why ETH price is going up, people are rushing for DeFi and blocks are so full that you need to pay +$7 for making a $130 worth of transaction. DeFi on Bitcoin Cash would laugh at this volume of trade.

    https://preview.redd.it/s165v6h3w7d51.png?width=367&format=png&auto=webp&s=c60bb501b1c047661712f1373ccc57d36e633ba3

    submitted by /u/p0ok3r
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    My initial impressions of ASERT vs Grasberg (attempt at comparison of qualities)

    Posted: 26 Jul 2020 03:30 AM PDT
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