• Breaking News

    Sunday, December 5, 2021

    BTC Please use caution with the "New OB app". There are red flags.

    BTC Please use caution with the "New OB app". There are red flags.


    Please use caution with the "New OB app". There are red flags.

    Posted: 05 Dec 2021 06:39 AM PST

    A new OpenBazaar would be great! But I do not trust it for the reasons below. I will edit or delete this post if I am shown evidence to the contrary.

    TLDR; this new project is suspicious.

    First of all, they published a new app. But AFAIK, OB1 never released the code for their android app 'Haven' beyond an inital commit. This would require some work to make it publishable on another google play account. They have not shown any of this work

    So apparently the devs ctrl+c/ctrl+v an entire android app. That might be believable if we saw the code they're claiming to use.

    The reason people were able to trust Haven at all, despite not having access to the code, was because the developers had doxxed themselves.

    If Haven ended up doing something sketchy like steal money or leak data, there would have been actually flesh and blood people to hold accountable.

    But this "Haven 2.0" has been published by apparently anonymous developers.

    The only way to trust an anonymous developer is if the code is open source.

    Another red flag: They have made a total of 9 changes to the main OB desktop codebase. 9 commits for a project this size is strange. I've quickly glanced at them, and there is almost no substantial change aside from updating external links, donation addresses and other superficial things.

    To properly take over this huge code base, there would be more than 9 changes that would need to be made.

    This makes me think the dev team is either incompetent, or something more nefarious is going on.

    I will be staying away from this project unless these questions are answered.

    Edit to add, former OB1 dev u/Chris_pacia said :

    I haven't personally worked on it but I have consulted with them quite a bit. They have been working on it a while.

    submitted by /u/IquitosHeat
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    Use Bitcoin Cash Everyday !

    Posted: 05 Dec 2021 11:02 AM PST

    Tether only still exists because its collapse will be the main excuse to regulate crypto to death.

    Posted: 05 Dec 2021 03:27 PM PST

    Bitcoin without native scaling cannot be real Bitcoin

    Posted: 05 Dec 2021 04:45 PM PST

    Satoshi Nakamoto designed a natively scalable coin called 'Bitcoin'. The first question asked about it when he announced it was, can it scale natively to onboard the entire world? His immediate answer was, 'Yes.'

    Twelve years later, the cryptocurrency known as Bitcoin is no longer designed to scale natively. It is not the technology that Satoshi came up with any longer: it is something lesser now, something intentionally crippled that needs assistance.

    There is still, however, a natively scaled version of Bitcoin. But because the BTC developers refused to allow this and refused to continue to scale natively as intended, the natively scaled version of Bitcoin had to be renamed.

    Today, the natively scaled Bitcoin is called 'Bitcoin Cash'.

    The history of computing is littered with corpses of emulated and unnecessarily layered technologies that failed to compete with their natively capable counterparts. This effect is so pronounced that anytime your competitor has managed to make an operation native instead of involving any kind of translation layer, you should absolutely steal that innovation, or else your goose is probably cooked in the long run.

    Bitcoin Cash (BCH) is Bitcoin with its originally planned and natively scaled architecture still intact. Whereas the 'BTC' version has been compromised, made less native. There is now an entire BTC transaction emulation layer that adds nothing to the project. It was merely an attempt to reinvent the wheel non-natively. Why would anyone do this? The Lightning Network has been moving Bitcoin in exactly the opposite direction from which technological progress normally proceeds.

    This is all old news, and the rehashing of an old battle. But the next battle looks set to be a repetition of history, and this time it will be over whether to natively implement subtokens. Guess which side of history BCH is on? The native side, once again. BTC isn't: they are planning to implement subtokens using centralised offchain systems instead.

    Betting long on native technologies against their unnecessarily layered and translated competition is how you pick the winners in the microcomputer industry. Always has been.

    submitted by /u/powellquesne
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    Amazingly smooth checkout process thanks to Prompt.cash!!!

    Posted: 05 Dec 2021 09:00 AM PST

    Did you know CoinGigs has a referral program? Make some cash bringing employers to the BCH ecosystem!

    Posted: 05 Dec 2021 04:28 PM PST

    Share your referral link to potential employers so they register to our website.

    If they register using your link, they will appear in the list shown in this section.

    Every job completed by the employers registered with your referral link will give you the 4% of fees as rewards.

    https://coingigs.net/referrals

    submitted by /u/AD1AD
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    Introspection opcodes are so cool, here's a teaser

    Posted: 05 Dec 2021 06:48 AM PST

    Below is an example of a covenant contract owned by another contract. Whatever sibling contract is created as the 2nd (index 1) output will be the owner of the 1st (index 0) output. This way, ownership of the contract can be changed without changing the P2SH hash.

    This contract is an idea I was toying with before, but now I got to test it and it worked, eureka!

    Testnet4 transaction: https://testnet4.imaginary.cash/tx/604a148eb49c83855e209c9ca46ff1b32517561c3a6209d41113f4c6d99193be

    Redeem script:
    OP_SIZE <64> OP_EQUAL OP_SWAP OP_DROP
    raw: 82 01 40 87 7c 75 // Verify that my data is of 64 bytes
    <0> OP_INPUTINDEX OP_EQUAL OP_BOOLAND
    raw: 00 c0 87 9a // Verify that I'm being spent as index 0 input
    <0> OP_OUTPOINTINDEX <0> OP_EQUAL OP_BOOLAND
    raw: 00 c9 00 87 9a // Verify that my prevout index is 0
    <1> OP_OUTPOINTINDEX <1> OP_EQUAL OP_BOOLAND <0> OP_OUTPOINTTXHASH <1> OP_OUTPOINTTXHASH OP_EQUAL OP_BOOLAND
    raw: 51 c9 51 87 9a 00 c8 51 c8 87 9a // Verify that my owner is spent at input index 1
    <0> OP_OUTPUTBYTECODE <0> OP_UTXOBYTECODE OP_EQUAL OP_BOOLAND
    raw: 00 cd 00 c7 87 9a // Verify that I'm being carried forward to output at index 0.

    Raw: 820140877c7500c0879a00c900879a51c951879a00c851c8879a00cd00c7879a
    Hash160 of redeem script: b6657f37cad003b75ffea87066f0434bcace0d6c

    Signature: <data64>

    submitted by /u/bitcoincashautist
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    Warning for those here who use Monero multisignature wallets

    Posted: 05 Dec 2021 12:16 PM PST

    $1,000 bounty (in BCH) to any hired "reputation management" user who has been paid to post here willing to do an AMA.

    Posted: 05 Dec 2021 06:20 AM PST

    I have long suspected that something weird is going on in this community. Accounts will show up and post only to r/BTC with negative nonsense and lies then disappear.

    Adam Back has previously suggested they hire reputation management to "correct" information on social media.

    My offer, $1,000 in BCH to anyone who can show evidence they've been hired to post to this sub and do an AMA here.

    submitted by /u/54545455455555
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    Blockstream (Lightning Network) Investor From 6 Years Ago In This Sub Is PISSED

    Posted: 05 Dec 2021 09:46 AM PST

    We’re still early. Two reasons why

    Posted: 05 Dec 2021 04:42 PM PST

    Over the last year cryptocurrency, especially bitcoin and ETH have received a lot of attention worldwide and even adoption as currency in a few small countries. This is a great start but nowhere near the end goal.

    Reason 1: A lot of people talk about crypto like stock meaning they are measuring the value against a fiat currency. I know several people with 6 and 7 figure holdings that still refer to their crypto as "shares" and that's ok for now.

    Reason 2: People aren't using crypto as a means of accepting payment at scale.

    I think this will change soon, probably within the next 2 years when there is more around how businesses can handle accepting crypto for payment, it's just too new. Hopefully there will be an increase in the demand for businesses to accept crypto for them to take steps to offer that as a payment method.

    At some point the average American will use crypto for random transactions, right now we are ahead of the curve.

    I can't wait to hear a store merchant say "cash, card or crypto?"

    submitted by /u/losttraveler36
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    I see a lot of people ask about the Lightning Network, while it's still young and not massively used as the main network, here is what inevitably will happen to LN if user demand grows and BTC block size limit remains the same.

    Posted: 05 Dec 2021 01:31 AM PST

    openbazaar's new version(including App), new website has been released.

    Posted: 05 Dec 2021 02:33 AM PST

    openbazaar's new version(including App), new website has been released.

    You could download desktop here http://mobazha.com/

    New version search engine https://mobazha.info/

    the mobile App https://play.google.com/store/apps/details?id=mbz.nativebazaar

    Note

    1 Due to the high cost of Eth, few people using Zcash, we removed them.

    2 CFX is a kind of blockchain similar to eth but without fees. They donated some funds. If you don't like it, you could not to use it.

    3 "haven"" belongs to OB1, Google does not allow us to use the name, therefore we rename it (Mobazha)

    4 We will add DASH payment in the next step.

    5 github : https://github.com/mobazha

    6 Our telegram group https://t.me/+kLeb3weo3pk4ZWY1

    7 The app is not compatible with some phone models. if you have the problem Please feedback
    it to the telegram group , we will fix it as soon as possible.

    8 If you like it, we will bring in many sellers

    https://preview.redd.it/rjfoyt4wbp381.jpg?width=1080&format=pjpg&auto=webp&s=f1b2af7f9b5b19e201d6bc6fba3e2d4a38841778

    https://preview.redd.it/s0ahrtrrbp381.jpg?width=1080&format=pjpg&auto=webp&s=50603cb873ed5b3f4097491275c1870358d0da9a

    https://preview.redd.it/ilj1zwrrbp381.jpg?width=1080&format=pjpg&auto=webp&s=2d3c38e377ad24ef91019a73579a314dc0f94789

    submitted by /u/fcl1892
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    The new version of openbazaar is not scam

    Posted: 05 Dec 2021 10:08 AM PST

    Our team has been openbazaar community for more than 3 years , we are not anonymous . After Ob1 gave up, we continued to develop.

    We will fix bugs, but we are not liars.

    https://www.reddit.com/r/btc/comments/o3edw1/openbazaar_has_been_reopened_it_still_supports_bch/

    https://www.reddit.com/r/Bitcoincash/comments/qyrmy3/the_mobile_app_of_openbazaar_will_soon_come_to/

    submitted by /u/fcl1892
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    Theymos is asking for money

    Posted: 05 Dec 2021 10:32 AM PST

    You can donate in Bitcoin Cash. Donations — blender.org

    Posted: 05 Dec 2021 01:16 AM PST

    NFT Could Replace Spotify And Apple Music, Says Saxo Bank

    Posted: 05 Dec 2021 07:42 PM PST

    FreeRossDAO has raised 1000+ ETH. Powerful Ethereum DAOs!

    Posted: 05 Dec 2021 07:11 PM PST

    Faith in Tether is now the lowest it's ever been. The rush towards the exist is about to begin. First everything crashes down, then on the Tether based exchanges Bitcoin will finally hit 100 000 Tether per Bitcoin. The Maxi's will be so happy! They were right. And then 200 000 Tether per Bitcoin!

    Posted: 05 Dec 2021 09:01 AM PST

    300 000 Tehter per Bitcoin. To the moon!

    They will say: hahah bcashers look 400 000 Tether per Bitcoin. I am going to buy 20 lambos. You guys are so poor and we are so rich now. Wow like I can get 450 000 Tether for my Bitcoin now! Wow.

    And then eventually at 1 million Tether per Bitcoin there will be a couple of maxi's, you know the dumbest of all to go to a Lambo dealer and try to buy a Lambo with Tether.

    And then guess what happens next? They call security.

    submitted by /u/i_have_chosen_a_name
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    Bitcoin Hashrate Rises Despite Price Drop, Mystery Hashpower Returns

    Posted: 05 Dec 2021 07:52 AM PST

    How do I transfer money from BitPay to my debit card? ��

    Posted: 05 Dec 2021 02:47 PM PST

    Any help appreciated.... I have Coinbase but...

    submitted by /u/CreeyoLeelo
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    Sponsors.cash

    Posted: 05 Dec 2021 10:40 AM PST

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