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    BTC Wife: I just talked to the bank, we’re broke?!

    August 28, 2020

    BTC Wife: I just talked to the bank, we’re broke?!

    Wife: I just talked to the bank, we’re broke?!

    Posted: 27 Aug 2020 03:06 PM PDT

    One of the sides in this conflict is waging war with memes and name-calling. The other...

    Posted: 27 Aug 2020 08:46 PM PDT

    Amaury is a rent-seeker. A rent-seeker is most easily thought of as someone who sets up a toll on a piece of land so that anyone who passes must pay, and the owner never has to improve or maintain anything.

    Posted: 27 Aug 2020 07:36 PM PDT

    Amaury actually is demanding the most basic idea of rent. He assures people that work will also go on, but he is not tying the two together.

    Amaury believes that being made rich by the product (the way an entrepreneur would be) is a sufficient incentive to keep him honest, and it's basic enough that we should all see it. He simply demands riches.

    And, thus incentivized, we are supposed to make the leap that he will always do the best thing (Bill Gates would disprove this theory, but okay) for his riches to keep coming in.

    "Make me rich, I promise good stuff will flow from that" is about the entirety of his decree. And then he offers that if people don't like the results, they can "try" to get rid of him.

    Rent-seeking is money for nothin'. Solely because I own the thing, the name, the process idea, whatever. Amaury is literally rent-seeking because he demands 8% of every coin someone else mines, and he doesn't even promise that this is for work. It's "understood", at best.

    submitted by /u/scotty321
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    PSA: Bitcoin ABC is not Bitcoin Cash. After the November 15th network upgrade, ABC software will not be compatible with the Bitcoin Cash blockchain. Run https://bitcoincashnode.org to keep going with BCH.

    Posted: 27 Aug 2020 10:04 AM PDT

    Hashrate defines the next correct block, it does not define the blockchain as *the* correct philosophy. If you like or dislike the IFP, the hashrate shouldn't decide which project you support. Otherwise *everyone* would be supporting BTC.

    Posted: 27 Aug 2020 10:11 PM PDT

    "Bitcoin's value largely come from a widespread assumption that certain promises will be kept forever. One of those promises is the block reward. If that is ever changed - no matter how slightly - then Bitcoin has a NPV of zero."

    Posted: 27 Aug 2020 02:59 PM PDT

    This was just announced: bch.info (a NO-IFP version of bitcoincash.org - update your links on your websites / web services)

    Posted: 27 Aug 2020 04:07 PM PDT

    Most Bitcoin Cash companies are AGAINST the IFP

    Posted: 27 Aug 2020 02:16 PM PDT

    Almost all companies in the BCH ecosystem have rejected the IFP plan. The same can be said of many mining pools.

    Time for deals is over. No deal is better than a bad deal.

    Lets Focus on Making Bitcoin Cash Great Again!

    submitted by /u/bitcoineo
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    BCH Unlimited 1.9 is Released

    Posted: 27 Aug 2020 06:05 AM PDT

    Amaury的IFP与Bitcoin Cash并不兼容

    Posted: 27 Aug 2020 02:14 PM PDT

    Less than 48 hours to go before the member.cash Flipstarter is over and still 50% left to go Freetrade is now accepting larger donations. Support free speech and open source software

    Posted: 27 Aug 2020 01:34 PM PDT

    BCH Unlimited Ubuntu PPA repo updated to version 1.9.0

    Posted: 27 Aug 2020 09:10 AM PDT

    The BCH Unlimited Ubuntu PPA repository has been updated to serve version 1.9.0 is available at:

     

    https://launchpad.net/~bitcoin-unlimited/+archive/ubuntu/bucash

     

    This release is compatible the Bitcoin Cash protocol. To update already installed packages:

     

    sudo apt update sudo apt upgrade

     

    To install

     

    sudo add-apt-repository ppa:bitcoin-unlimited/bucash sudo apt-get update sudo apt install bitcoind bitcoin-qt

     

    starting from this update the repository is serving also ElectrsCash(**) v2.0.0, for now just for the amd64 architecture. To install it just execute this command:

    sudo apt install electrscash

     

    See the official announcement and the release notes for more details:

    https://old.reddit.com/r/btc/comments/ih2eyt/bch_unlimited_190_has_just_been_released/

    https://github.com/BitcoinUnlimited/BitcoinUnlimited/blob/release/doc/release-notes/release-notes-1.9.0.md

     

    Known issues:

    On Ubuntu 18.04 (bionic) you'll probably get an error while trying to install bitcoind. The error message is the following:

    The following packages have unmet dependencies. bitcoind : Depends: libgcc-s1 (>= 3.4) but it is not installable E: Unable to correct problems, you have held broken packages. Package libgcc-s1 is not available, but is referred to by another package. This may mean that the package is missing, has been obsoleted, or is only available from another source

    To solve the problem please do:

    sudo add-apt-repository ppa:ubuntu-toolchain-r/test sudo apt update sudo apt dist-upgrade sudo apt install bitcoind

     

    (**) ElectrsCash is an efficient re-implementation of Electrum Server written in Rust.

    submitted by /u/s1ckpig
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    ABC to host council meeting on Jekyll Island, Georgia

    Posted: 27 Aug 2020 08:43 AM PDT

    If the IFP activates, I'm switching to Dash

    Posted: 27 Aug 2020 11:53 PM PDT

    Bottom line is I want to see p2p electronic cash succeed. If the IFP makes it in to BCH, it will be ruined.

    ETH & BTC fees are too high. BSV has too many toxic people as well as faulty scaling ideas. LTC has no long term scaling plans.

    Dash may not be perfect, but it has a large enough network effect, is focused on being used as payments, and so many libertarians are involved with it.

    Hopefully the IFP won't activate, but if it does, I've got a backup plan.

    submitted by /u/twilborn
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    Over 105k views already. 3 weeks ago.

    Posted: 27 Aug 2020 09:33 AM PDT

    gametheory discussion

    Posted: 27 Aug 2020 11:44 PM PDT

    more opinions are needed since this upcoming split is not as black/white as people think it is.

    what are some of the reasons why either chain would win?

    Since there's primarily been only BCH scenarios, I'm going to play devil's advocate and suggest some IFP scenarios.

    I can't help but feel this might turn into a very unproductive emotionally charged discussion, but there aren't many other gatherings of bch enthusiasts.

    anyways, if a developer is funded by and has a fair amount of IFP-coin, there's a good chance that he will want to increase the value of his holdings. Of course this is true for every coin, but in BCH there's only one company (off the top of my head) who pays employees in crypto. Practically every other developer is paid in fiat and buys BCH. It's a different thing when you're paid your salary entirely in crypto.

    In this scenario, I can see the IFP coin drawing in more developer talent. However, It still has the problem of having to re-build an ecosystem (users, wallets, marketing, exchange support, etc). It's possible that the level of talent hired is really good and they're able to rebuild all those missing things, but it will take time and also does not guarantee a user base follows. Take BSV for example; They actually had some wins on their side compared to their BCH counterparts.

    • HandCash vs pretty much any bch wallet, the UX was superior on handcash

    • Money Button vs REST. MB had better UX, documentation, and was more inviting for developers.

    The point being, despite being better in some scenarios, ultimately it didn't matter and nothing came of BSV.

    Oh, I should have prefaced with don't make this about personalities. Let's try to be objective. What are some other scenarios you guys can think of where the minority chain can win in the end?

    submitted by /u/sayurichick
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    The central bank will allow inflation to run higher than the standard 2% target. Meanwhile BCH currently has 1.8% inflation which in four years will go to .9%, then .45% etc.

    Posted: 27 Aug 2020 01:22 PM PDT

    Announcing Knuth C#/.NET API v0.1.0

    Posted: 27 Aug 2020 08:40 AM PDT

    BTC blockchain with SegWit

    Posted: 27 Aug 2020 02:35 PM PDT

    I have seen some videos and have read a lot of posts about SegWit and still don't understand how it operates, with SegWit nodes don't record signatures on Blockchain?

    Signatures are being recorded separately from the blockchain? If yes, how the blocks are being verified? Is SegWit compatible with SPV nodes that Satoshi described in whitepaper 7, 8 section?

    If with SegWit, signatures are recorded in separate blocks / files from the blocks with transactions, and signatures data is not recorded on Blockchain, which makes the node lighter, how can such a network be secure?

    If with SegWit, signatures are recorded in separate blocks but all the data is still recorded on a single Blockchain, what's the point of SegWit if the node still records all the data and the weight is the same as if it would be with simply increased block size.

    submitted by /u/walerikus
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    Thoughts on contract mining with BCHN to prevent IFP takeover

    Posted: 27 Aug 2020 10:28 AM PDT

    I believe that some BTC mining capacity will shift to mining BCH during the coming November hard fork. Given the stakes (complete control of a $4 billion market cap top 10 cryptocurrency), I believe that there could be stiff competition to decide if Amaury will become a North Corea-style "supreme leader" of BCH. According to game theory, Blockstream and even Craig Wright/Coingeek are incentivized to mine for ABC/IFP and effectively break BCH for good. Those 2 entities do control a good bit of SHA256 hashpower, and they can shift to mining the ABC chain very quickly. Switching their SHA256 miners to ABC at the last possible minute without advance warning would have the maximum possible benefit.

    I would like to throw money at a this problem. I would like to support the real BCH (the one without the IFP tax and centrally planned dictatorship) by mining with BCHN. Unfortunately, I sold my SHA256 mining gear years ago. So I'd like to rent some BCHN-friendly BTC hashpower. Bitcoin.com pool seems to be sold out, can anyone suggest another contract miner? Ideally I would prefer to hire BTC hashers.

    submitted by /u/wtfCraigwtf
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    SBI Holdings brings the first Crypto CFD trading to Japan

    Posted: 28 Aug 2020 01:23 AM PDT

    Greetings from the land of "still believes its possible." Population: ~1

    Posted: 27 Aug 2020 06:21 PM PDT

    Bitcoin ABC announcement on governance on the IFP chain

    Posted: 27 Aug 2020 03:34 AM PDT

    It looks like HUOBI stopped signalling for BCHN. Their recent blocks no longer signal like they used to bringing BCHN to sub 50%.

    Posted: 27 Aug 2020 03:15 PM PDT

    The Block Size Debate: 5 Years Later

    Posted: 27 Aug 2020 06:43 PM PDT
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