• Breaking News

    Tuesday, October 5, 2021

    BTC Blockstream's Liquid Network Crashed Today

    BTC Blockstream's Liquid Network Crashed Today


    Blockstream's Liquid Network Crashed Today

    Posted: 04 Oct 2021 10:19 PM PDT

    Well that didn't age well..."should've used liquid"

    Posted: 04 Oct 2021 11:52 PM PDT

    Yesterday a clone of sushiswap launched on SmartBCH. It offers a lot more yield farming pairs then benswap so it's been generating a lot of tx. 20 BCH have now been burned on smartBCH, soon this will be 21 BCH. a full 1/1000 000th of the supply. Then 210 BCH, etc etc etc

    Posted: 04 Oct 2021 07:04 PM PDT

    You can keep track of SmartBCH stats here.

    This clone of sushiswap is called Mistswap and can be found here --> https://mistswap.fi/

    benswap can be found here --> https://bchdex.benswap.finance/#/swap

    These two dex are now in full competitor mode.

    Koingfu still has to launch on mainnet.

    Hybrix will soon have decentralised and non custodial swaps back and forth between SmartBCH and BCH (validators and allocators can make HY on swaps but need to lock up HY as security and users of the bridge need a bit of HY to be able to swap)

    There is still a uniswap 2.0 clone to come as well called smartswap

    And then the coinflex DAO should also be there within the next couple of months.

    I recently spoke with the founder of Avax, Emin Gün Sirer

    He said he would love to have smartBCH as the main competitor of Avax. Avax is fully proof of stake, while smartBCH gets security from SHA256 proof of work.

    May the best smart contract project win! (It's going to be smartBCH cause proof of stake is bunk)

    SmartBCH is one of the best things ever to happen to BCH. If you are a BCH holder, you will see it's effect on increasing demand for BCH and lowering the supply of it at the same time.

    Within 18 months from now, all of you skeptics are going to love smartBCH because of what it will do with your BCH bags.

    Bitcoin Cash is positioning itself as the only chain that does money and smart contracts exceptionally well offering the best price/quality of all the chains in the world. Cheap, fast and secure is not a trilemma at all. That's a lie.

    submitted by /u/i_have_chosen_a_name
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    What Are The Core Values of the Satoshi Standard and How Did We Stray So Far?

    Posted: 04 Oct 2021 05:28 PM PDT

    RyverAsia: World leaders say that crypto is used for money laundering, crime, off shoring and avoiding tax. They're using Banks to commit those crimes (PandoraLeaks) We're using BitcoinCash to sow hope where are banning cryptos, despite bans and threats. BCH is Freedom.

    Posted: 04 Oct 2021 08:09 AM PDT

    People seem to have forgotten what cryptocurrency was invented for.

    Posted: 04 Oct 2021 02:58 PM PDT

    In early 2014, Stephan Molyneux predicted the takeover of Bitcoin by special interest groups ... his prediction turned out to come true. Not worry,�� cause we got options! �� Bitcoin Cash (BCH)

    Posted: 04 Oct 2021 12:14 PM PDT

    Enter The Sphere Metaverse (BCH Game) on Twitter

    Posted: 04 Oct 2021 05:09 PM PDT

    Bitcoin cash visa card

    Posted: 05 Oct 2021 12:56 AM PDT

    Australians will soon be able to spend their bitcoin cash online or in store with a Visa card from a new Sydney based company called Cryptospend.

    Fees: 2-3% when converting crypto to fiat. (Apparently will be lowered to 1-2% soon)

    Physical visa card fee: $14.99 Digital visa card fee: $4.99

    Card will be released within the coming weeks I am told.

    submitted by /u/P00_MAN
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    Lightning Network is the tool for full and complete ENSLAVEMENT of humanity.

    Posted: 04 Oct 2021 08:15 PM PDT

    Most techies laugh at the Lightning Network because they know it can't scale while retaining the features that makes Crypto Crypto. Specifically, Permissionless Sound Money. But most overlooked that this was by design. Subsequently most underestimate the malevolence of its intention.

    Lightning wears enough makeup to appear like a crypto project. But remove the lipstick and you'll see its a Banking project.

    • Lightning is non-custodial but this is mere a facade to hide facts that its a permissioned network. Opening channel requires counterparty approval. Liquidity requirement means smaller nodes will gravitate routing through BigNodes. BigNodes can therefore censor those not politically aligned. Being able to setup private channels is inconsequential when you are censored from accessing the network effect of BigNodes.

    • Lightning can scales but it doesn't scale non-custodially. LN is more B2B then P2P. The network saturates at around 1million channels (or 100k nodes at 10 channels per node). To onboard 8 Bn people custodial solutions become a requirement. Chivo/Strike/Twitter being examples of full custodianship implementation running top of LN. Custodianship means you will be controlled. Custodianship means when the time comes your funds will be confiscated and you will be censored.

    • Lightning locks up BTC 1:1 but custodial solutions built on top of LN are not forced to keep this peg. BTC IOUs can be issued arbitrarily by LN Custodians and can exceed the total amount of BTC in existence. They're recreating Fractional Reserve Lending on crypto. They're recreating FIAT.

    The current banking system already control the money supply. LN will create a new banking system that further their power to censor market participants down to the individual level. If the Lightning Network Effect ever reach critical mass there's no "physical cash" for you to opt-out to. The full enslavement of humanity becomes complete.

    This is why its not enough that crypto succeed. LN must fail.

    Do not under estimate the enemy. Keep fighting the good fight.

    submitted by /u/1bch1musd
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    “ if you’re using pegged WBTC on ethereum you can transact with it freely if you’re using pegged BTC on solana you can transact with it freely but if you’re using pegged L-BTC on liquid your funds have been frozen for almost 3 hours no ETA for fix yet”

    Posted: 05 Oct 2021 01:25 AM PDT

    SEC Subpoenas USDC Stablecoin Backer Circle

    Posted: 05 Oct 2021 01:15 AM PDT

    Rifle/Pistol/Bow wall-mount store accepts BCH!

    Posted: 04 Oct 2021 11:27 AM PDT

    Flipstarter: 1BCH DEX + Chrome Extension + BCH Mainnet <> SmartBCH Bridge + Decentralized Prediction Markets

    Posted: 04 Oct 2021 06:18 PM PDT

    As some of you may already know, the 1BCH team is fully committed and fully focused on Bitcoin Cash only. We would like to have sufficient resources to develop the following Bitcoin Cash deliverables because we believe it will add tremendous value to the Bitcoin Cash ecosystem. We are looking to raise 500 BCH for these deliverables.

     

    SmartBCH Deliverables

    1BCH DEX – This would be similar to UniSwap but on SmartBCH. You can use 1BCH tokens (see below) for staking in the DEX.

    Chrome Extension – Instead of having to configure MetaMask, we want the entire user experience to be frictionless. This extension is 100% focused on Bitcoin Cash only. Unlike MetaMask, this extension connects to SmartBCH immediately upon installation and may have other value-added services for BCH users as we grow.

    BCH <> SmartBCH Bridge – This is non-custodial and would allow people to move their BCH between BCH Mainnet and SmartBCH easily. It is a free service, which means that there is no fee to use this service because we do not have access to your funds at all. We would be connecting with relevant parties to add liquidity for this bridge so that all BCH folks may benefit from such a bridge. Our engineers had done some research and right now, CoinFLEX has control over the wrapped BCH tokens so the bridge will only be available once technically, it is feasible to be worked on.

    SLP Exchange Enhancements - We would like to have the resources to make some enhancements to the SLP exchange codebase to make it more efficient.1BCH aims to be the one-stop shop for the Bitcoin Cash ecosystem.

    Decentralized Prediction Markets – Imagine being able to leverage on the wisdom of crowds to predict the outcome of any event using SmartBCH. People can put their money behind their beliefs and if they are right, they get to benefit from it.

     

    1BCH Tokens

    There will be a fixed supply of 250 million 1BCH tokens. We will be distributing 10% of the 1BCH tokens to contributors of this Flipstarter campaign in proportion to the contributed amount. Our team will keep 20% of the 1BCH tokens so that our team is well aligned in the success of what we are doing. Our team will have a lockup period of 12 months for our tokens so none of our team members is allowed to sell our tokens during the next 12 months. The remaining 70% of the tokens will be allocated towards community development, marketing, staking rewards, liquidity pool, and partnerships. The 1BCH tokens have a fixed supply and there will be no new tokens minted after this Flipstarter campaign is funded successfully.

    When you are contributing to this Flipstarter, please remember to post your SmartBCH wallet address in the comment field for us to send your respective 1BCH tokens to you. The tokens will be sent within 24 hours upon completion of the Flipstarter campaign.

     

    Important

    Our Flipstarter page and 1BCH do not, and are not intended to, constitute, or form any part of, an offer for sale, prospectus or invitation to obtain the 1BCH tokens. Before contributing, you are advised to take professional advice. By contributing, you confirm that you are not a citizen or resident of the USA and/or a jurisdiction which prohibits your involvement in cryptocurrency related activities.

     

    https://flipstarter.1bch.com/

    submitted by /u/MobTwo
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    Dehli, India - 10 - 4 - 21 - Volunteer doing tremendous work for his community. This is exactly what crypto for the homeless is about!

    Posted: 04 Oct 2021 07:36 PM PDT

    Tether Deceptions, supported by Blockstream because they got (literally) paid!

    Posted: 04 Oct 2021 05:41 AM PDT

    Facebook, Instagram, WhatsApp hit by global outage

    Posted: 04 Oct 2021 11:21 AM PDT

    BTC/LN Maxis Go to Great Lengths to Avoid Admitting that LN is Centralized

    Posted: 04 Oct 2021 08:05 AM PDT

    Crypto transactions surge 706% in Asia

    Posted: 04 Oct 2021 07:35 PM PDT

    Real-world test: I'll give you $20 of XMR if you can track my BCH transaction.

    Posted: 05 Oct 2021 01:49 AM PDT

    The U.S. War Against Crypto - 2021' Analysis

    Posted: 04 Oct 2021 09:44 PM PDT

    Last months, top U.S. officials have been calling for regulatory bodies to clamp down on the crypto industry.

    Looking to define several assets as securities and build a legal framework around the buying, selling, and exchanging of digital currencies, the call for regulation is intended to be centred around protecting investors. The following analysis explores elements of what the regulation is going to control and what aspects of the industry they're looking to clamp down on, including some notable cases like U.S. war against crypto is Ripple: The United States' War Against Crypto

    submitted by /u/cmstrump
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    What questions do you have for u/GuyFawkesfp?

    Posted: 04 Oct 2021 11:25 AM PDT

    I'm going to interview the famous and controversial u/GuyFawkesfp of SatoshiPyramid.com and BattleRoyale.cash fame.

    What questions do you have for him?

    Ask now, this genius BCH game developer is not that accesible!

    submitted by /u/georgedonnelly
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    There is a lot of talk about "government takeover" of this neetwork and that network - I think all of this sounds quite tin-foil hat-ish. You are giving the government *way* too much credit. If they know Bitcoin is inevitable, they would also know they can't stop it.

    Posted: 05 Oct 2021 12:00 AM PDT

    So their best bet would be to mine and buy as much as possible.

    submitted by /u/mrtest001
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    Bitcoin Is Stronger After China’s Crypto Ban: Edward Snowden

    Posted: 04 Oct 2021 05:56 AM PDT

    MERCHANT MONDAY - Because Bitcoin was meant to be spent!

    Posted: 04 Oct 2021 06:00 AM PDT

    Merchant adoption of Bitcoin Cash is where it's at. Here are the latest numbers:

    • We've got 1168 online merchants listed on AcceptBitcoin.Cash
    • There are 1958 brick-and-mortar merchants listed on Marco Coino
    • And you can find 1350 merchants of all types on Green Pages, which is 1 more than last week

    If you know a business that might be interested in accepting Bitcoin Cash, try sending them to https://bitcoincashers.org/intro/for-merchants/.

    And if you convince a business to accept BCH, let us all know below!

    submitted by /u/NeonWasteland
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