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    Thursday, March 4, 2021

    Home Unlabelled BTC Meanwhile in Argentina, BCH continues to spread because it actually works:

    BTC Meanwhile in Argentina, BCH continues to spread because it actually works:

    March 04, 2021

    BTC Meanwhile in Argentina, BCH continues to spread because it actually works:

    Meanwhile in Argentina, BCH continues to spread because it actually works:

    Posted: 03 Mar 2021 05:38 PM PST

    Remember to always store your recovery phrase in a safe place!

    Posted: 03 Mar 2021 06:12 AM PST

    DOUBLE YOUR BCH: Buy 5+ USD of BCH on local.bitcoin.com and get ~10 USD of BCH (New LazyFox Task)

    Posted: 03 Mar 2021 06:39 PM PST

    What could go wrong turning a digital peer to peer cash system into the lightning network.

    Posted: 03 Mar 2021 11:18 PM PST

    Prediction Markets on Bitcoin Cash with BCH developer Jason Dreyzehner (BCH builder interview)

    Posted: 03 Mar 2021 07:24 PM PST

    Meanwhile at a bar in Thailand:

    Posted: 03 Mar 2021 07:27 AM PST

    The ideas of, "altcoin", "store of value", "all nodes matter" and "big blocks don't scale" are all attacks on peer to peer digital cash

    Posted: 03 Mar 2021 03:07 PM PST

    All memes used by Core Trolls to push their ponzi scheme, am I missing any?

    Edit: thank you for the additions:

    "Digital Gold"

    "Segwit is a blocksize increase to 4 MB"

    submitted by /u/CompetitiveReddit
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    Safe Proof of Work

    Posted: 03 Mar 2021 09:43 PM PST

    Safe Proof of Work

    Abstract. Safe Proof of Work (SPOW) is a consensus algorithm blockchain that deals with the main drawbacks of the proof of work algorithm, This algorithm greatly solved the biggest security problem of the POW blockchain system, this is %51 attack. The standard POW is open to this attack. If someone wants to attack the POW blockchain, if it covers the cost, successfully hacks the blockchain. But SPOW blockchain offers a system that almost completely prevents attempting this attack. SPOW does this by sprinkling some unknowable and unity power into it.

    Hello, I have been developing this algorithm for a while, I have prepared a pdf with detailed simulations, I want you from the forum residents to review this pdf and return. If this algorithm is used, there will no longer be any coins that will be subject to 51 attacks.

    https://github.com/onuratakan/SPOW

    ​

    If an attacker wants to succeed: he needs to know the random rate below. Read the pdf for more information.

    https://i.redd.it/skm0bqbs8yk61.gif

    submitted by /u/OtherAd3010
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    Bitcoin Cash sidechain is a game-changer

    Posted: 03 Mar 2021 11:19 AM PST

    There is something extremely important about the Moeing sidechain, Bitcoin Cash miners will get rewards generated on the sidechain from its activity! This means that as the activity on the sidechain increases, it also increases Bitcoin Cash mining profitability. Consider how Ethereum miners receive big part of the rewards from fees increasing their profitability, it will have a similar effect on Bitcoin Cash. The Bitcoin Cash hashrate will increase as a result of the additional mining rewards, increasing its security and price.

    If we can integrate the sidechain as part of the main Bitcoin Cash wallets, then you have a full ecosystem that just works and scales beyond anything available today. Imagine a decentralized exchange, or a contract to lend Bitcoin Cash and receive interests on a stable token.

    Once people realize the implications of all this the price is going to 10x what we have now.

    Moeing is a game changer!

    submitted by /u/estebansaa
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    Friendly reminder to check your old accounts. Just found $18,700 sitting in my purse.io account from 4+ years ago

    Posted: 03 Mar 2021 08:04 AM PST

    I tried to buy an NVIDIA GPU on purse.io something like 5 years ago. The transaction never went through for some reason, so I gave up and forgot about it.

    Check your old accounts, you never know what might be sitting there that you forgot about.

    Purse.io included BCH from the fork, but didn't have any of the other forks (BSV, BTG, etc)

    edit: Looked in my transaction history, and I paid 0.3717667 BTC ($103 back then) on a pair of Arc'teryx hiking pants

    edit2: The fee to withdraw the BCH was $0.12. The fee to withdraw the BTC was $202.10

    submitted by /u/vocatus
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    Bitcoin cash is the solution to many problems.

    Posted: 03 Mar 2021 06:01 PM PST

    I think Bitcoin cash can solve big problems that persist in society today.

    https://read.cash/@Bitcoincashtrue/bitcoin-cash-is-the-solution-to-many-problems-2350f027

    submitted by /u/mrmrmrbean
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    My app is now accepting BCH (aka the real BTC) donations! Get your name and link of your choice on our donors page! Also, the crypto that’s raises the most will have a lifetime add across our app!

    Posted: 03 Mar 2021 01:05 PM PST

    My app is now accepting BCH donations! Get your name and link of your choice on our donors page! Also, the crypto that's raises the most will have a lifetime add across our app!

    This app is inspired by StackOverflow but built specifically for the Crystal programming language ecosystem (which is opensource as well) ecosystem. Currently it is 100% developed and funded by me. So, I thought this might be a neat way ot help raise some money to pay a few server bills.

    Also, I plan on taking the top 3 donated coins and integrating them into the app to be used as a tipping mechanism!

    So, this could benefit both of us. If interested, you can read more about the project on Github and view screenshots of it's current progress. You can also find donation addresses there. If there's a coin you'd like to donate but it's not listed, just ask (as long as it's not a scam or total s-coin). :P

    Thanks for reading! I hope this works and helps fund the project a tiny bit. I've been in the crypto community for about 5 years and I know a lot of you like to help fund projects and other things.

    https://github.com/nolyoi/ask.cr

    submitted by /u/moonshipcc
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    If other projects had attack vectors this large, the projects would shut down.

    Posted: 03 Mar 2021 06:45 AM PST

    I was watching a 5 minute talk about the lightning network at Financial Cryptography and Data Security 2021. It's surreal. I liked the information in a presentation by Ayelet Mizrahi called "Congestion Attacks in Payment Channel Networks."

    It's crazy to think this talk is about a live project. If a project knew there were attack vectors this large why would you even launch such a project. I watched the 5 minute live version but there is the longer prerecorded version: https://www.youtube.com/watch?v=3lzxdTMgdRw

    Accepted paper

    submitted by /u/DarrenTapp
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    This is a new domain of this scamming website, don't make any deposit on this site.

    Posted: 03 Mar 2021 11:53 PM PST

    Former Bitmex CEO Arthur Hayes expected to surrender to US on April 6th

    Posted: 03 Mar 2021 01:08 PM PST

    Every company except the Dutch East India Company is an "altcompany"

    Posted: 03 Mar 2021 03:02 AM PST

    Now doesn't that sound stupid?

    submitted by /u/jessquit
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    This is what Bitcoincash is doing to people's lives through read.cash

    Posted: 04 Mar 2021 02:01 AM PST

    Trying to add an icon for my new SLP token using Github Desktop. Not sure how to do a pull request.

    Posted: 03 Mar 2021 03:04 PM PST

    So this is what I did so far:

    • Created a new SLP token using the Electron Cash SLP Version on Windows
    • Cloned the kosinusbch slp-token-icons repository.
    • Created 'Original', 128x128, 64x64, and 32x32 versions of the icon for my new SLP token and placed them in the correct folders in the cloned repository, properly naming them with the genesis tx id.
    • Committed the change.
    • Pushed the commit.
    • It said I don't have write access and asked if I wished to fork the repository. I chose to fork the repository.
    • It said there were no changes, but suggested I push anyways. I pushed.
    • Github Desktop currently states "No local changes" when I choose the repository.

    When I look at the repository in my web browser (the actual one, not my clone), I do not see my update anywhere, nor do I see anything new pop up in pull requests.

    I'm sure somewhere along the way I did something wrong. The new png files are still located in my local copy of the repository. How do I get my icons in so that they may be associated with my new token?

    Edit: In the web browser, I can compare changes between the base repo and my fork. It says "Able to merge." but I don't see an actual option to merge.

    Edit 2: Figured it out!

    submitted by /u/VideoGameDana
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    The Bamboozle sound so plausible but if we fall for it we will just reinvent gold and the paper IOU that came later once the rulers wanted more control and took all the gold for themselves. Tesla gets this, and they want the new gold for themselves.

    Posted: 04 Mar 2021 12:26 AM PST

    Roger live on clubhouse right now

    Posted: 03 Mar 2021 04:58 AM PST

    Finally some BCH discussion on clubhouse! His username his @rogerver

    submitted by /u/jaydizzz
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    How to increase Bitcoin Cash (BCH) adoption & usage rate by 10,000% in 1 (One!) day

    Posted: 03 Mar 2021 11:22 AM PST

    Some cool Bear and Bull I made.

    Posted: 03 Mar 2021 06:36 AM PST

    The "mempool depth" keeps going up and down without finalizing, why wont it finnish?

    Posted: 03 Mar 2021 02:44 PM PST

    Brainstorming Random Thought Idea (Detoken)

    Posted: 03 Mar 2021 11:48 AM PST

    I don't like making posts, but would like to brainstorm a shower thought;

    ​

    I personally want to use BCH and have places accept BCH but this is not always possible as we know.

    ​

    A middle answer to this exists in payment cards offered by some exchanges that transfers your crypto to fiat for each and every transaction and is accepted everywhere debit/credit cards are.

    ​

    One of the problems this creates I believe, is that each one is a taxable event, and would require tracking and accounting.

    ​

    So my question is, in theory, could a card be created in the interim until BCH is accepted as BCH, that does the following: (Storytime)

    ​

    - Transaction for a cup of coffee ($1) on the 3rd March

    - Detoken hedges $1 of BCH decentralized on the 3rd March for X amount of blocks

    - Transaction for a sandwich ($4) on the 3rd March

    - Detoken hedges $4 of BCH decentralized on the 3rd March for Y amount of blocks = (X amount of blocks - how many blocks have passed) (so they complete on the same block)

    ​

    - Repeated for all spending for a period of estimated 1 month of blocks. All transactions then become unhedged at the end of the month. At that point the card removes the required amount of spending from your BCH wallet to cover the cost of all transactions in 1 transaction, and whether BCH goes up $1000 or down to $100 it wouldn't matter due to the fact you locked in the dollar amount of BCH at the point of transaction.

    ​

    - End of the year would only need 12 taxable events for a year of spending on the card.

    ​

    This would also then give a massive liquidity pool of BCH for people who wish to go long on leverage in a decentralized way.

    ​

    As a seed of an idea, is this completely terrible? Try to be nice.

    submitted by /u/Denial8
    [link] [comments]

    Bitcoin update news.. An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions..

    Posted: 03 Mar 2021 07:55 AM PST
    Read more
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