• Breaking News

    Monday, May 31, 2021

    BTC Mission Accomplished

    BTC Mission Accomplished


    Mission Accomplished

    Posted: 30 May 2021 03:39 PM PDT

    Mike Dudas: “ I just don’t understand how the Blockstream guys can look at themselves in the mirror after screaming at everyone on earth for years about being scammers and charlatans. And now they hype stuff nonstop that is used by them and a few dozen of their rich buddies.”

    Posted: 30 May 2021 03:43 PM PDT

    ETH ��BCH

    Posted: 30 May 2021 03:31 AM PDT

    Bitcoin.com's Wallet no longer shows total amount being sent on the confirmation screen

    Posted: 30 May 2021 06:32 PM PDT

    North Queensland Business Services Firms Power On With Bitcoin Cash - Townprint

    Posted: 30 May 2021 09:33 PM PDT

    Banned at r/Bitcoin

    Posted: 30 May 2021 02:21 PM PDT

    Hi,

    So I posted one comment mentioning ADA, ALGO, ANKR and ENJ as being good investments short and long term. Nothing controversial, just my to cents on what I thought about these projects. To my surprise I got a 365 day ban, no warning. The moderator u/BashCo wrote that I was being banned for "spamming shit coins."

    Spamming shit coins? One comment mentioning altcoins and he said that was "spamming shit coins." I knew that sub reddits were echo chambers reinforcing the message of its sub, but this was just a new level of extreme censorship.

    I wrote him/her back saying that Bitcoin's blockchain tech is outdated and that Bitcoin was in fact the shit coin and got permabanned. Honestly for the better, I wouldn't want to be a part of a community that shuns any contrary opinion, or for that matter, censors the mere mention of another blockchain project.

    submitted by /u/Defiant_Statement_81
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    Bitcoin.com wallet gives me the "SELECT AN ASSET" screen even though I only have the BCH wallet enabled

    Posted: 30 May 2021 11:45 PM PDT

    It was really nice to skip that screen as long as you didn't have a BTC wallet. Now it looks like, with ETH added, it's showing by default, even if you don't have an ETH or BTC wallet.

    This is a bummer, and I figure the issue will get the most visibility from Bitcoin.com by posting here in r/btc.

    submitted by /u/AD1AD
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    Beware The Traitors Within

    Posted: 30 May 2021 10:45 AM PDT

    The Utility of Bitcoin Cash in the Crypto Economy

    Posted: 30 May 2021 11:37 PM PDT

    Clueless Coretard walks into a Bitcoin Cash City merchant and says "You should use the Cadillac of crypto instead of that Kia stuff" - Bitcoin Cash merchant simply smiled and shook his head

    Posted: 30 May 2021 11:28 PM PDT

    Someone send me $50 in BCH but i don't know who it is! I guess there's no way to find out right? I'm very much happy and curious at the same time��

    Posted: 30 May 2021 11:47 PM PDT

    Meet the world's most deluded Bitcoin investor

    Posted: 30 May 2021 06:06 PM PDT

    WTF: Bitcoin Unlimited looking forward to build yet-another-blockchain: nextchain.cash

    Posted: 31 May 2021 03:15 AM PDT

    BUIP166 is a proposal to launch a new cryptocurrency with the stated reason of "being faster in innovation".

    I do find the motivation bullshit for various reasons:

    - This will inevitably shift the focus of the development of BU to nextchain instead of BCH

    - BU collected funds for the development of Bitcoin Cash, not other competing chains, and this development will not be cheap: 40K$ every year just for the infrastructure (servers)!

    - The aim is clearly indicated to create a new cryptocurrency which has value where startups can build new projects. So not just a playground for new features for BCH.

    - I personally find that trying to complicate the simple script system is, at this point, not very useful: the kind of contracts we can build on BCH are very limited and very complex in defining, and hardly any user uses it. In a very short time frame we will have smartbch that enables us the full usage of the ethereum EVM and the access to the whole (enormous) ecosystem of users and already available technology. And it uses BCH as its native token instead of creating yet-another-token, giving more value and real usage to BCH.

    - In my opinion Bitcoin Cash should focus its development where his primary purpose is: electronic cash. And hence efficient scaling on transaction processing and 0-conf txs security with technology like avanlanche.

    I would like the community to start a discussion on the topic, what do you think?

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

    Posted: 31 May 2021 12:56 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/ElidaFraley
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    Russian Police Arrest Former Post Office Branch Chief For Mining Crypto at Work

    Posted: 31 May 2021 02:01 AM PDT

    A BCH Onboarding Incentive Idea: Transaction Lottery

    Posted: 30 May 2021 01:31 PM PDT

    After I watched the Bitcoin Cash Podcast episode with George Donnelly and his subsequent YouTube video, I had an onboarding incentive idea:

    Every BCH transaction could be a lottery ticket to win a prize. That would incentivize casual BCH holders to onboard as many friends and merchants as possible. And merchants would have an incentive to onboard their customers.

    I have written a more detailed article about this idea and would be grateful for your feedback. You can find it here:

    https://read.cash/@MoreGainStrategies/a-bch-onboarding-incentive-idea-transaction-lottery-48a9dff6

    Thank you!

    Edit: Thank you for your valuable feedback. I haven't thought of the "gaming the system by miners" aspect -- my bad -- and therefore, I have slightly modified the requirement to make a transaction eligible for the lottery. You can find the full explanation here:

    https://www.reddit.com/r/btc/comments/nojuxk/comment/h02762f

    submitted by /u/MoreGainStrategies
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    PSA: be cautious such fate may fall on smartBCH as well. We need to be careful.

    Posted: 30 May 2021 11:47 AM PDT

    Confidence in open source SLP Wallets

    Posted: 30 May 2021 03:46 PM PDT

    Hey all,

    I was looking at getting wallets that are Open Source and that support SLP tokens, since those are pretty cool! I found the slp.dev page for wallets and started looking into them, with frustrating results.

    It seems like there is only one open-source wallet for the desktop platform, and a separate one for mobile.

    Pokket.cash is the mobile wallet. Its README does not contain any build instructions or really any information. It contains no links to its URL https://pokket.cash. It also doesn't mention anything about community or any other public type of method of communication (except for email, but that's private). It just doesn't inspire confidence.

    Electron Cash SLP is an even worse story. The link above which is linked from SimpleLedger's front page returns a 404. Additionally, the README of the github project is apologetically unchanged from the upstream Electron-Cash project. The entirety of the links all point to the Electron-Cash project. ESPECIALLY the releases links, etc. Lastly, not even the AUR has a package build of this, although there is an appimage that is built, which I guess is better than nothing.

    I'm frustrated trying to convince myself that I won't run into issues down the road with these packages. This wouldn't be such a big deal with regular software, but I think we can all agree that wallet software is a bit more critical than an email client or terminal.

    submitted by /u/SMACz42
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    Take care of your private keys. Save a backup of your wallets.

    Posted: 31 May 2021 02:04 AM PDT

    Just wondering, this is a bitcoin subreddit, why are 90% of the posts about bitcoin cash?

    Posted: 30 May 2021 06:28 AM PDT

    Honestly just curious, i know BCH is a superior currency but i thought this page was for BTC not BCH.

    submitted by /u/Bzevans
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    Famous BTC Investments

    Posted: 30 May 2021 11:59 PM PDT

    I just realized that when any fork of Bitcoin overtakes the work on the BTC chain, will get the "Bitcoin" label , but will most likely not get the "BTC" moniker. Because BTC is not Bitcoin.

    Posted: 30 May 2021 09:15 AM PDT

    Max Supply / Mining Reward Question

    Posted: 30 May 2021 01:14 PM PDT

    When BCH hits the max supply of bitcoin cash in the long distant future, what will incentivize the miners to continue mining? Especially if you count low fees into the mix? I know this won't happen in our lifetime, but what would be the incentive at that point to continue to mine/secure the network?

    Sorry if this is a stupid question, just a thought that came to mind that came out of nowhere, lol.

    submitted by /u/videowarfare
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    So just wondering where n what I should be looking at in terms of news about BTC and crypto in general

    Posted: 30 May 2021 11:42 PM PDT

    Honestly feeling super later to the party. Known about crypto for years even was super excited when it debuted and didnt know how to invest.

    Well since last year ive just watched it and I'll admit the doge rage got me into it seeing the quick easy flip flops of my money lol. BUT amongst all this interest in crypto now its like where do I go for solid information? About any coin in general? Google give a million links, YouTube is well YouTube, and reddit helps but lately it's like can I ask without fear of being banned? (Typing this thinking of the post with the person mentioning being banned from r/bitcoin for asking about alt coins)

    So ive not really asked so much lately and kinda linger around reading posts trying to see whats what but its alot of to the moon or diamond hands n their wives boyfriends or whatever.

    Now I'm lost on where to get solid news about crypto so I'm in the loop and can stay ahead of the game and lose more money but get more coins 😂

    submitted by /u/Dam_Sam_Iam
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    The Bitcoin Cash Podcast #20: Government vs Crypto

    Posted: 30 May 2021 04:41 AM PDT

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