• Breaking News

    Thursday, February 4, 2021

    BTC r/wallstreetbets is getting r/bitcoin'd

    BTC r/wallstreetbets is getting r/bitcoin'd


    r/wallstreetbets is getting r/bitcoin'd

    Posted: 03 Feb 2021 08:52 PM PST

    Fees have been a big issue but by the end of this year they will be the most critical issue

    Posted: 03 Feb 2021 05:55 PM PST

    Kim Dotcom discusses Bitcoin, Bitcoin Cash, and his new website k.im. 02-03-2021 Clubhouse

    Posted: 04 Feb 2021 01:05 AM PST

    cryptocurrency’s substitute dollar problem

    Posted: 03 Feb 2021 02:25 PM PST

    Reminder: CashFusion is awesome

    Posted: 03 Feb 2021 06:59 PM PST

    Txstreet added a new stat for each coin

    Posted: 03 Feb 2021 10:17 PM PST

    Txstreet has always tracked how many transactions are being broadcast per second, based on the average of the last 5 minutes.

    Now, right below that first stat, it also tracks the number of transactions that are being confirmed every second, based on the average over the last hour.

    Very cool addition!

    submitted by /u/fixthetracking
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    Pack it up boys. We can all go back to /r/bitcoin. One of the top r/bitcoin posts brags of "a forum dedicated to the dream of a censorship resistant..."

    Posted: 03 Feb 2021 05:15 PM PST

    You can't make this shit up.

    a forum dedicated to the dream of a censorship resistant, permission-less form of money!

    https://old.reddit.com/r/Bitcoin/comments/lbv260/its_pure_robbinthehood_dares_to_advertise_on_this/

    submitted by /u/Papa_Ganda
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    Bitcoin Cash (✌️), Ethereum (��), and BTC coin (��) Fees

    Posted: 03 Feb 2021 09:22 AM PST

    Bitcoin for the masses

    Posted: 04 Feb 2021 02:31 AM PST

    In the recent coinparty hackathon a proof of concept Uniswap-style AMM was developed but it needs miner validated tokens and larger integers. Protocol upgrades can enable these new and exciting usecases!

    Posted: 04 Feb 2021 01:15 AM PST

    Tom Woods: "The Evil History of Taxation, with Dominic Frisby" (mentions bitcoin-cash at 4:00)

    Posted: 03 Feb 2021 05:54 PM PST

    This is why bitcoincash is an outstanding project. The impact it's having on people's lives matters the most.

    Posted: 03 Feb 2021 10:16 PM PST

    BCH is like Galt's Gulch.

    Posted: 04 Feb 2021 01:55 AM PST

    The smart people refused to continue propping up BTC after it was taken over by the irrational and evil, and forked to restore Bitcoin to its rational and liberty-loving roots. In the same manner, in Atlas Shrugged the intelligent and productive refused to carry the weight of America, once relatively free but now compromised by grifters and looters, and went into exile to recreate its original libertarian ideals in Galt's Gulch. I just thought it was a neat similarity.

    submitted by /u/weepingswords
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    Bitcoin Verde’s 2021 Flipstarter is just over 75% funded! Thank you all for your contributions, your support and pledges are appreciated. If you have not, please consider making a donation.

    Posted: 03 Feb 2021 02:55 PM PST

    Hi All!

    Just wanted to give our Flipstarter a bump and to say thank all for your support. With a handful of large contributions the minimum donation came down quite a bit over the last couple weeks. It has really helped open the opportunity for some smaller holders to contribute the way they would like. Thank you for all of your contributions!

    In the last couple weeks we've received some feedback and we've found we could be more vocal about ourselves and our work. As one of the few non-developers at Software Verde, I thought I'd take some time to write a post about us. For those of you who don't know very much about Bitcoin Verde, I'm hopefully this will give a little background on our team and our motivations.

    As many already know, Bitcoin Verde is a full-node implementation built from the ground up and written in Java. The majority of Verde's initial development was at the hands of our team's leader, Josh Green. Josh is the owner of software dev company, Software Verde, who employs the majority of Bitcoin Verde's team full-time. Software Verde is our primary source of revenue, allowing us to spend time on Bitcoin Verde supplemented by our revenue and your contributions. As more support is received through contributions from the community, we're able to spend more hours strictly focused on Bitcoin Verde development.

    Our reasoning behind building our implementation is pretty simple. Bitcoin Verde was developed from scratch for a couple reasons. For one, it provided a good opportunity to educate ourselves about the protocol and join the conversation with a general idea of how everyone else is operating. More importantly though, a node built from scratch could help improve our networks lack of diversity in node implementations.

    At the time of development (early 2018) Bitcoin Cash's network consisted of only 3 primary node implementations: BU, XT and ABC. While all three were providing support to the network at the time, they were all forked versions of Bitcoin Core and thus all contained the same undiscovered bugs. Our hope was with a more diverse web of nodes, exploitable bugs would become less of a network concern.

    Why Java? The answer really comes back to diversity. Java is a versatile, fairly widely used and well known language. Not everyone interested in bch network dev is a master in C++ and nor should that be a requirement to contribute. Our hope for choosing Java was to provide new developers, familiar with different tech stacks, an opportunity to contribute to the BCH Network. Seemed the best way we could do that was by providing a clean codebase people can easily read, understand, and maintain. Plus Josh really likes Java ¯\_(ツ)_/¯

    Our motivations for continuing to build upon our implementation are pretty transparent as well. We've been long supporters of p2p electronic cash payments, with some of us taking note and investing as early as 2011. We've invested countless hours developing our implementation and providing education to our community in an attempt to foster growth and adoption. We continue to work on our node and with our community because we truly believe bch has the best opportunity to become a mainstream electronic cash alternative. And when BCH ultimately reaches a critical mass, we would be elated to make our living by supporting it.

    Our Goals for the future

    We talk about our plans for the next year in this campaign and I encourage you to read it. In short, we have a few primary goals:

    • Improve Bitcoin Verde to where node operators can reliably run our software.
    • Continue to grow Bitcoin Verde as a mining node.
    • Implement new and upcoming wallet features, including double-spend proofs for better zero-conf security and support for fulcrum/electron wallet servers.

    The Bitcoin Cash community has been kind to our team and a genuine pleasure to work with. We're hopeful this next cycle of development can position Bitcoin Verde as a viable option and begin to grow our user base. The more we can grow within the community, the more energy we can continue to focus on making network improvements.

    An excellent example of our work supporting our goals and something we're very proud of is the recently released BitBalancer, a component of our 2020 Flipstarter campaign. If you're unfamiliar, the BitBalancer is a reverse-proxy/load balancer used to ensure blocks are valid before work is performed by a miner, ultimately preventing what could result in a network split. With this risk reduced, we're hoping to improve the confidence of miners for using a more diverse selection of software in the future, without worrying about taking a potential financial risk.

    We also have ambitions to improve the network through means other than software releases/improvements. We are currently strategizing with local leaders how we could improve crypto adoption among unbanked, disenfranchised, and lower SES citizens. If you look into some of Software Verde's work you'll find we have been quite vocal with our local municipalities on the benefits of blockchains and cryptocurrencies, even implementing an SLP reward system for the city of Dublin, OH.

    In all, I'm hopeful this bit of information can help clarify who Bitcoin Verde is and what we stand for. In the coming days, Josh will also be publishing a new read.cash article elaborating on the status and plans of Bitcoin Verde. Some of this information may be repeated there, but a lot of it will be new and provide more transparency into our operations. Last, keep and eye out as we begin updating bitcoinverde.org on a more regular basis to communicate our roadmap and progress. Again, Thank you all for your support and your attention! We look forward to continuing to grow with our community.

    Stay tuned!

    https://flipstarter.bitcoinverde.org/

    submitted by /u/JackalDGAF
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    Hello again, my return to Read.cash and the BCH community.

    Posted: 03 Feb 2021 04:38 PM PST

    The top 10 cryptos: only one is trying to be DIGITAL CASH!

    Posted: 03 Feb 2021 10:37 AM PST

    Why is BCH less popular than BTC?

    Posted: 03 Feb 2021 02:07 PM PST

    A s the title states I am asking myself why BTC is much more popular both inside the crypto community and also in the general population compared to BCH.

    In the end BCH is still under the 10 biggest cryptocurrencies following market cap, but there is less coverage on it than on other currencies that have a fracture of its cap.

    submitted by /u/unpopular_attitude
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    Bitfinex's logo is a leaf!!!

    Posted: 03 Feb 2021 03:55 PM PST

    Is TxStreet.com under some kind of attack?

    Posted: 03 Feb 2021 05:49 PM PST

    It keeps going offline today for me and doesn't come back automatically. Have to do a refresh. Also I see there is cloudflare now as well.

    submitted by /u/FUBAR-BDHR
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    Show your support for adding SLP to Exodus wallet

    Posted: 03 Feb 2021 01:46 PM PST

    My Predictions for Bitcoin Cash, and Crypto as a Whole (Will Be Revealed 9 Months from Now)

    Posted: 03 Feb 2021 03:29 PM PST

    I would like to give credit to MobTwo, because he originally had this idea by giving his predictions regarding the whole BCHN-ABC fiasco, and stored his predictions as MD5 hashes. I wanted to do the same, but I'm doing mine with SHA 256. I will set a reminder so that I can reveal what the predictions are on November 17th this year. Just to add, I found it interesting how some of my predictions ended up being right. I will make sure to make a post about this exactly then, and am setting a reminder on my calendar. Without further ado, here are my predictions:

    1. 7dd21fb4050b34a76faff5e2dcb1ee8dc6dfdcb306338e8011ed131c87677b88
    2. 8de10e87bd57350e0d1568ed3c3d22cde1a39d5c345b96ede93a7143b8d57d1c
    3. 32a2da55f3a6fb381f701df753f55b2009c10d5e7f944cbe161614b92e48a079
    4. 56bbefcacc8886f6d5c244643dbd575a69eb9f2d94c54557071b01e6a9d1eff3
    5. 9c965e1732ffe89027913ad901c18a8da04d188f4a9fb3b0c4cf0ea1800016f5
    6. f0d12ddfdebc5da531ac740bedcc9673d029e9f7af26356ff8ca7f987b721d55
    7. 5213fdc51f43c4d0478460aac1eab1283f3126169c7d0a0c8633400df7f0278c
    8. abee7a69ae6474e8f50e90c3f44f4ea94860bb79b57ceac0bd6af77e929ccaff
    9. 31262d5f4bd57d6bca80370f615be21a41f0092d5a1a0a40d85418d4f9b0595e
    10. 7d66e207e78a184d0a487138deffc6a934e170c6e310966c3716694823c2b75a

    I have some more predictions, but I'm too lazy to put them all out. I have also taken the SHA 256 of all of these transactions, and put it in the OP_RETURN of my transaction.

    submitted by /u/1MightBeAPenguin
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    SLP Passphrase

    Posted: 04 Feb 2021 02:22 AM PST

    In the bitcoin.com wallet is the recovery passphrase for SLP tokens the same as the BCH passphrase? I know the public address is different i.e. "bitcoincash:" vs "simpleledger:" I'm assuming that the secret passphrase would be the same since there are two addresses essentially in one?

    submitted by /u/SafeTripHome
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    Welcome newbies, here's a bit of Bitcoin BTC and Bitcoin Cash BCH history, do you know why BCH exists?

    Posted: 03 Feb 2021 03:52 AM PST

    BTC is now digital gold, store of value, new asset class, and that's fine! It wasn't always like this, though... it was supposed to be more than just that.

    Did you know how easy it was to send BTC around back before 2015, when the fees were a few cents so it was viable for tipping people on Reddit, paying for coffee and competing with the likes of VISA! It was advertised as "magic internet money", and magic internet money it was. Scan a QR code, click send, and look at your friend's face as it shows up instantly on his phone! Amazing! It took banks years to achieve that UX with their centralized payment systems. We had it, back in the day.

    There was a problem, though. Transactions were rate limited, and when community was small the limit was never reached so all was fine. Think of transactions as seats in the bus. If the bus is half-empty, there's no competition for the tickets. Well, now that it's full, everyone is jumping over each other to get in, and the ticket price goes up.

    This led to a technical debate that lasted for years. The creator (Satoshi Nakamoto) meant to remove the limit one day. He disappeared, and the folks left in charge disagreed about how to continue. Some folks wanted to keep the same bus, some folks wanted to make a bigger bus, or a train of buses if you will. Here's what I mean, visualized: https://txstreet.com/v/bch-btc

    End result: the big bus team split off. The blockchains up till August 2017 are IDENTICAL. Both BTC and BCH are the same till that point. It was like a crypto reverse merger. One team got the BTC ticker, "Bitcoin" name and brand, the other got bigger buses and BCH ticker and took the "Bitcoin Cash" name. That's the essence of it. The BCH gang wanted the "Bitcoin" brand too, but small bus gang had too much power so they won that battle. Some folks in BCH still didn't accept that, and it works against BCH really because insisting on "BCH is the real Bitcoin" makes it look like a fraud - which it isn't.

    BCH can now be used as "magic internet money". BTC can't, not anymore. That should be the selling point IMO. Move past the history of the conflict, it's well documented if anyone cares to look but you can't move forwards if you're looking backwards.

    That's the gist of it. I'm not going to talk about price or whatever, this is just an intro. Anyone interested can do his own DD and dig out the details.

    PS

    BCH successfully ejected a known fraud Craig Wright from the community, and later essentially FIRED lead developers (Amaury Sechet, Bitcoin ABC now) when they lost the way. What other community did something like that? BCH is the honey badger.

    PPS

    Of all alts, /r/bitcoin hates BCH the most, you'll get shot down for even mentioning it

    /r/btc was where the big bus gang gathered before BCH was forked off. Some talk too much about Blockstream, big money coopting Bitcoin, whine about /r/bitcoin censorship etc. but that's not important and makes them sound like conspiracy theorists. It's not doing BCH any favors, but people are people, and on /r/btc they're free to talk about whatever they want. I hope the focus will shift more towards cool stuff in the future!

    BCH is magic internet money, that's what matters. Dig deeper, see what's been built and what's being built with BCH. Deep fucking value!

    submitted by /u/bitcoincashautist
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    How To Start Your Your Bitcoin Cash Based Media Empire

    Posted: 03 Feb 2021 10:02 PM PST

    can´t you stop mining empty blocks at the BCH blockchain ?

    Posted: 03 Feb 2021 07:50 AM PST

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