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    Saturday, August 7, 2021

    Home Unlabelled BTC VIDEO: Kim Dotcom and Roger Ver talk about the exciting projects coming for BCH!

    BTC VIDEO: Kim Dotcom and Roger Ver talk about the exciting projects coming for BCH!

    August 07, 2021

    BTC VIDEO: Kim Dotcom and Roger Ver talk about the exciting projects coming for BCH!

    VIDEO: Kim Dotcom and Roger Ver talk about the exciting projects coming for BCH!

    Posted: 06 Aug 2021 10:01 PM PDT

    Medical doctor accepting Bitcoin Cash

    Posted: 06 Aug 2021 09:06 PM PDT

    "These are not the Tether you are looking for."

    Posted: 06 Aug 2021 05:14 PM PDT

    Use Purse.io to save 10-30% on any amazon.com purchases

    Posted: 06 Aug 2021 07:22 PM PDT

    BTC Maxi poster boy Michael Saylor wants regulation left & right. Congrats maxis, you have been useful tools again and again ��‍♂️

    Posted: 06 Aug 2021 08:24 AM PDT

    TPS difference between the two

    Posted: 06 Aug 2021 03:11 PM PDT

    Ethereum is burning $10,000 every minute after update

    Posted: 07 Aug 2021 12:25 AM PDT

    More than $2 million in Ethereum tokens have been burned since the update was deployed

    After the London update introduced a token burning mechanism in Ethereum (ETH), the network is already burning 3.68 ETH (US$10,295) every minute, on average.

    Among other improvements, Ethereum Enhancement Proposal (EIP) 1559 caused a portion of all transaction fees, called the base fee, to now be destroyed on each block – instead of going to the miners.

    As per the proposal description, this was done to offset Ethereum inflation, while still giving the block reward and priority rate (the maximum rate users are willing to spend to include their transaction in a block) to the miners.

    About 3.7 ETH, just over $10,000 at current prices, were being burned on Ethereum every minute, according to Etherchain.org. Meanwhile, 630 ETH (about $1.77 million) were burned within hours of the update being deployed. The base rate fluctuated between 70 Gwei (US$5.84) and 100 Gwei (US$8.34) in the last hour.

    Currently, the popular non-fungible tokens (NFT) market, OpenSea, is the biggest "ETH burner" as more than 69 ETH ($193,124) have been destroyed thanks to facilitated transactions since the update, data from Ultrasound show. money.

    OpenSea is followed by two iterations of the Uniswap Decentralized Finance (DeFi) trading protocol — Uniswap V2 (53.33 ETH) and Uniswap V3 (45.25).

    So far, experts and community members are showing a positive feeling about the upgrade.

    "The long-awaited upgrade of the EIP1559 network was great for the Ethereum cryptocurrency ecosystem. Now, every transaction, purchase of NFT or loan on the Ethereum network will result in the extinction of ETH, making ETH a less inflationary asset," noted Ross Middleton, deversiFi's CFO in a conversation with Decrypt.

    Middleton compared ETH's new engine to traditional stocks, explaining that it's the equivalent of "Apple Inc burning AAPL stock every time someone bought something from Apple's App Store or made an in-app purchase."

    The price of ETH itself, however, has not been much affected so far. According to the CoinGecko platform, the token is trading for around $2,800, an increase of 4.9% in the last 24 hours.

    For ERC20 Token Development contact us https://www.blockchainx.tech/erc20-token-development

    submitted by /u/yokesh351
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    Unpopular opinion: bring on the heavy handed regulation

    Posted: 07 Aug 2021 02:09 AM PDT

    For most of us here, we saw crypto as a way to completely exit the legacy financial system. Earn in ecash, pay in ecash, save in ecash. No need to touch nasty third party financial institutions like exchanges or payment providers. Just "peer to peer" cashlike transactions between two willing parties that never have to touch any kind of centralized point of control or regulation. AS INTENDED.

    Along the way the entire mission of crypto got lost in an orgy of speculation. For a speculator, the only point of holding crypto is to later sell it back for fiat. To a speculator, crypto without exchanges is pointless. To these people i say "Too bad so sad. I'm sorry you didn't understand the value proposition of the thing you were speculating on."

    Also, most of us here never saw the first world as ground zero for crypto adoption. The first world is served by a mostly functional banking and payment processing infrastructure, and runs on mostly stable, if inflationary, fiat currency. Almost nobody in the first world has ever experienced outright government mass confiscation of bank accounts or hyperinflation. Almost everyone in the first world has access to some form of high performance electronic commerce.

    It is the developing world where emerging crypto economies make sense. There are places that are reasonably well served by internet infrastructure but where banking and the local economy is a joke. These are the places where crypto can make a real, measurable difference in people's lives by providing them with a form of money that their corrupt government cannot easily seize or hyperinflate.

    So I say: bring on draconian crypto regulation. Those of us who bought crypto for the right reasons and with a long term investment horizon will ultimately be better off. Let's push the speculation out and drive crypto innovation back into the places where it will do some good. Yes of course the fiat price may crash in the short term, I say bring it, if it leads to a true crypto economy forming elsewhere.

    submitted by /u/jessquit
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    After 4 months!! "Greetings #crypto community. Letting you all know that I have resigned as CEO of ⁦⁦⁦BinanceUS Despite differences over strategic direction, I wish my former colleagues much success."

    Posted: 06 Aug 2021 04:09 PM PDT

    K24, convenience store chain - BCH Argentina

    Posted: 06 Aug 2021 10:20 PM PDT

    Bitcoin Scaling Debate: Someone missed the last 6 years

    Posted: 06 Aug 2021 03:49 AM PDT

    Bitworkerss.Cash is LIVE (Beta)

    Posted: 06 Aug 2021 06:45 PM PDT

    Bitworkerss.Cash is a service marketplace/job portal powered by Bitcoin Cash.

    Since it's a beta, you can test this platform and earn BCH.

    Link: https://bitworkerss.cash/

    How it works: https://bitworkerss.cash/how-it-works/

    Screenshot from the site

    submitted by /u/sampleito
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    People told me to read this, so I bought "The Blocksize War" book and paid for it with Bitcoin Cash!

    Posted: 06 Aug 2021 12:48 PM PDT

    The Time To Act Is Now

    Posted: 06 Aug 2021 05:09 PM PDT

    This can't be put off or delayed. They are about to vote TOMORROW which will set the course for the rest of your economic life: The White House Came In To Support Crypto Tax Proposal Changes That Are Not Friendly To The Crypto World, Senator Cynthia Lummis Calls Crypto Community “We Need You”.

    Posted: 06 Aug 2021 06:27 PM PDT

    It's Fusion Friday!

    Posted: 06 Aug 2021 09:47 AM PDT

    CashFusion is a privacy protocol for Bitcoin Cash where users mix their coins with each other to make their transactions more private.

    With CashFusion, your finances are your business, and no one else's. Over 6 Million Bitcoin Cash has already been made private using this innovative, non-custodial mixing protocol.

    EDIT: u/rucknium has a new CashFusion transaction viewer here:

    https://fusionstats.redteam.cash/

    You can "Fuse" all week for a few cents in fees if you want. This post is just a weekly reminder. (And it gives users a specific time to coordinate their fusing if they want. The more people using CashFusion at once, the more effective it is!)

    New to CashFusion? No problem, getting set up is pretty easy =)

    First, download the Electron Cash desktop wallet. It's got CashFusion built in.

    Set up your wallet (and be sure to write down your recovery phrase on a physical piece of paper), then activate CashFusion by clicking the icon in the lower right: https://i.imgur.com/DXEPLtf.png

    Once it's activated, your wallet will start "fusing" the Bitcoin Cash it contains. Fusions happen over time as their own transactions, and they only cost you the network transactions fees (so less than a penny, usually).

    Each fusion transaction will include some of your coins*, so it will take multiple fusion transactions before all the coins in your wallet will be fused. (In the View menu, toggle the "coins tab" to see all of the coins in your wallet. In the "Label" field, fused coins will show CashFusion info.)

    Currently, Electron Cash keeps fusing your coins indefinitely. The plan is to eventually allow you to stop fusing automatically after some number of fusions per coin but, until then, there's no downside to leaving it to fuse continuously besides paying the transaction fees. (Every fusion gives you that much more privacy, while also providing "liquidity" for other fusers.)

    Electron Cash does not yet prevent you from spending un-fused coins, nor does it prefer fused coins when spending, so it's probably best to leave it fusing and keep your whole wallet fused, and to pick your coins manually from the Coins tab. If you want that coin-management taken care of for your (and/or you're not comfortable picking from the Coins tab), you can always switch back to CashShuffle for now. (It's in the Optional Features window, accessible from the Tools menu.)

    Here's the CashFusion Telegram group where you are welcome to ask questions. (Just remember to be courteous!)

    Happy Fusing!! <3

    *"Coins" are kind of a confusing concept when it comes to Bitcoin, but you can think of them just like discrete "bills" (or... "coins") in your wallet, but instead of coming in only certain sizes like $1, $5, $10, $20, etc, they can be any amount sent to you in a previous transaction, like 0.618 BCH, 0.000001 BCH, or 123.45679 BCH. (They can also be combined and split up. That happens in most transactions!)

    submitted by /u/AD1AD
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    SEC Charges Decentralized Finance Lender and Top Executives for Raising $30 Million Through Fraudulent Offerings. Case Is Agency’s First Involving Securities Using DeFi Technology

    Posted: 06 Aug 2021 04:06 PM PDT

    The a plot twist for speculators: after a year of selling and making a 100 Xer, the regulator will come for their fiat. There's a strong case for getting a crypto with utility and staying in even if the goal is getting more fiat.

    Posted: 06 Aug 2021 11:17 AM PDT

    Philipp Plein now accepts Bitcoin Cash! [Luxury men's and women's apparel, Fragrances, Household items]

    Posted: 06 Aug 2021 02:26 PM PDT

    Bitcoin Price Broke $43,000! “Ready To Run To These Levels”

    Posted: 07 Aug 2021 02:09 AM PDT

    ETH as a model for BCHs succes

    Posted: 06 Aug 2021 05:09 AM PDT

    ETH has been successful in large part due to its development culture enabled by great tooling and the extensible base layer. The development culture caused an explosion of innovation and applications. Finally some of these applications grew out to profitable businesses which are sustainable organizations and can pay for full-time solidity developers.

    Up to now Bitcoin Cash's main selling point has been consistent fast and cheap transactions since its creation. However many cryptos have fast transactions with plenty of capacity. Going for the money application fist has the drawback of overcoming volatility and relying on existing network effect.

    To me it's clear that smart contracts DeFi applications can help bootstrap the network effect and solve the volatility problem. In comparison to coins with a similar network effect (by marketcap), who also have cheap fees, plenty of capacity and are based on the bitcoin code such as LTC and DOGE, BCH has the advantage of still innovating.

    There are multiple very restricting limitation on the BCH scripting language which pose great barriers to entry for BCH development and which make other applications impossible. General Protocols, the first team to develop DeFi smart contracts for BCH, has clearly laid out what kind of evolution they want in the short term. Currently all five of these limitations have CHIPs to solve them with a target date of next upgrade, May 2022.

    • native transaction introspection
    • 64bit numbers
    • Re-enbling the multiplication opcode
    • higher limit of contract operations
    • higher limit of contract sizes

    and even a CHIP to enable bounded loops.

    These are all non-controversial, small change improvements which would make a big difference in application development. The first three currently require weird workarounds and the limits prevent many applications all together.

    There has also been work on bigger changes, namely PMv3 and GROUP proposals which would both enable miner validated tokens in their own way. The term SLPv2 has already been used to discuss an upgraded tokenization protocol. Ideally SLP tokens could then be migrated to the new standard.

    It's a misconception the Bitcoin architecture doesn't allow for complex smart contracts, it does and BCH has set out to prove it.

    submitted by /u/Mr-Zwets
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    Schnorr Signatures on BitCoin without protocol changes

    Posted: 07 Aug 2021 02:03 AM PDT

    New Bitcoin tax plans could stifle greener blockchain tech

    Posted: 06 Aug 2021 01:49 PM PDT

    Predict crypto assets with prediction based market protocol

    Posted: 07 Aug 2021 01:43 AM PDT

    SLP CLI Wallet How To with Chris and Aaron

    Posted: 06 Aug 2021 05:45 PM PDT

    Things you should know about Bitcoin Cash: basic things like what's BCH, what used for you can find on the article

    Posted: 06 Aug 2021 11:04 AM PDT
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