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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 123. (Read 704506 times)

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
jr. member
Activity: 210
Merit: 6
so...

has the flippening been cancelled?  what is going on?
Postponed until after the expected hash battle in November. Come back in December to see who is victorious.




Ohhh... what are we going to do with all those flippening T-shirts now ??  Undecided
They must be updated and translated for Asian markets.
This is very important.
legendary
Activity: 1806
Merit: 1828
so...

has the flippening been cancelled?  what is going on?
Postponed until after the expected hash battle in November. Come back in December to see who is victorious.

legendary
Activity: 3318
Merit: 4606
diamond-handed zealot
so...

has the flippening been cancelled?  what is going on?
full member
Activity: 602
Merit: 110
I do not understand the fate of this coin? It seems to me that bitcoin will soon grow. And how will the other coins behave?
legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

Please DO NOT talk about Bitcoin.
This is Altcoin thread section,
and if you want to talk about BTC Bitcoin go to proper section.
This is the real BitcoinCash coin thread...

We should talk more about split and confilct in the BitcoinCash,
and how to create better BCH

 Grin

hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
News from the top down adoption process.

Get your protocol save and simple, or some coins will never make it


https://www.fintechlawblog.com/2018/09/worldwide-cryptocurrency-aml-standards/
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
About on chain bugs in core and 10y for off chain software security to go for any decent world wide adoption plans for btc REKT

https://medium.com/@awemany/600-microseconds-b70f87b0b2a6

Discussed here a bit as well

https://www.reddit.com/r/Bitcoin/comments/9hv737/600_microseconds_how_cve201817144_was_discovered/
legendary
Activity: 1806
Merit: 1828

Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.

Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..


What exchange is going to want a coin where a pool could basically double their coins every single block?  Cheesy Plus the exchange would basically have their node knocked offline when a block is found. This would then require them to rescan their hot wallet. Then when the next block is found, they would need to rescan again. The hot wallet would be in constant maintenance node.
well you just said they exploit is difficult to exploit lol
"The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well"

So the exchanges that keep previous version without the HF from bcore , it wont have to worry about it to much , will they?
oh also another reason they may keep it alive now that bcore has forked....FREE MONEY  Wink



The exploit chain is not going to be free money. With the knock offline aspect, the network would not be viable. The exploit chain is not usable.  Also, you are aware that Bitcoin ABC had to employ the patch too, right? It appears there are still over 700 Bitcoin ABC nodes that have not upgraded, yet. https://cash.coin.dance/nodes Fortunately, Bitcoin Unlimited did not need the patch because their code was originally forked off of Bitcoin core v 0.12.x

Edit: Since the majority of the hashrate has now switched to the patched code, any miner trying to invoke the vulnerability now is going to have their block orphaned. The only way that their chain will survive is if they further modify the code and implement replay protection.
legendary
Activity: 2758
Merit: 1075

Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.

Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..


What exchange is going to want a coin where a pool could basically double their coins every single block?  Cheesy Plus the exchange would basically have their node knocked offline when a block is found. This would then require them to rescan their hot wallet. Then when the next block is found, they would need to rescan again. The hot wallet would be in constant maintenance node.
well you just said they exploit is difficult to exploit lol
"The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well"

So the exchanges that keep previous version without the HF from bcore , it wont have to worry about it to much , will they?
oh also another reason they may keep it alive now that bcore has forked....FREE MONEY  Wink

legendary
Activity: 1806
Merit: 1828

Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.

Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..


What exchange is going to want a coin where a pool could basically double their coins every single block?  Cheesy Plus the exchange would basically have their node knocked offline when a block is found. This would then require them to rescan their hot wallet. Then when the next block is found, they would need to rescan again. The hot wallet would be in constant maintenance node. I suppose an exchange could get this to work if they run an spv wallet instead. However, I am not aware of any exchange that is willing to run their hot wallet in SPV mode.
legendary
Activity: 2758
Merit: 1075
Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

I think you need to do some more research on exactly how this exploit would have operated. The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well. I suppose the pool could find some sucker and do an OTC trade with.  Cheesy Also, the patch to the code would sufficiently "roll back" the chain since any miner running a node with the patch would orphan any chain that happens to be built upon a block that contains two duplicate inputs in the same transaction. (The bug happened because the core dev who originally coded in this "optimization" set the check for this transaction to false, when verifying a block.)

Here you can find exactly what line of code needed to be patched.
https://github.com/bitcoin/bitcoin/commit/d1dee205473140aca34180e5de8b9bbe17c2207d?diff=split#diff-24efdb00bfbe56b140fb006b562cc70bL3035

Old code:
Code:
 3035      if (!CheckTransaction(*tx, state, false))


New code
Code:
3035       if (!CheckTransaction(*tx, state, true))
Ok...but..what if
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade and more people stay on previous version.

Does that mean bitcoin core have put out a hardfork/spork and risk splitting away,(forking off) creating another btc with the highly difficult exploit removed..

imo, they fkd up big time, the whole situation ..and because of all the problems they have caused for so long, it wont be easy for them.

legendary
Activity: 1806
Merit: 1828
Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/

I think you need to do some more research on exactly how this exploit would have operated. The offending miner would have knocked all the other miners offline. Furthermore, it would be difficult for the pool to offload their extra coins, since most, if not all, exchanges also run a full node that would be knocked offline as well. I suppose the pool could find some sucker and do an OTC trade with.  Cheesy Also, the patch to the code would sufficiently "roll back" the chain since any miner running a node with the patch would orphan any chain that happens to be built upon a block that contains two duplicate inputs in the same transaction. (The bug happened because the core dev who originally coded in this "optimization" set the check for this transaction to false, when verifying a block.)

Here you can find exactly what line of code needed to be patched.
https://github.com/bitcoin/bitcoin/commit/d1dee205473140aca34180e5de8b9bbe17c2207d?diff=split#diff-24efdb00bfbe56b140fb006b562cc70bL3035

Old code:
Code:
 3035      if (!CheckTransaction(*tx, state, false))


New code
Code:
3035       if (!CheckTransaction(*tx, state, true))


Having a little chat with The Dude just now...

Lebowski -
Core disclosed the inflation bug after the majority of mining nodes were patched.
At the time of writing this, https://coin.dance/nodes reports that 75% of nodes are NOT patched.

Me-
https://coin.dance/nodes#nodeVersions /Satoshi:0.16.3 only 2104 nodes out of 9616 have upgraded, is this correct? if yes, then uh oh for bitcoin.

I suspect that the majority of the nodes that have not upgraded to the patch are hobby nodes. Any pool or exchange not upgrading their node deserves what may be coming their way.  By the way, only 283 out of 1083 of the Bitcoin ABC nodes have upgraded to the latest patch. https://cash.coin.dance/nodes (Bitcoin Unlimited didn't need the patch.)
legendary
Activity: 2758
Merit: 1075
Having a little chat with The Dude just now...

Lebowski -
Core disclosed the inflation bug after the majority of mining nodes were patched.
At the time of writing this, https://coin.dance/nodes reports that 75% of nodes are NOT patched.

Me-
https://coin.dance/nodes#nodeVersions /Satoshi:0.16.3 only 2104 nodes out of 9616 have upgraded, is this correct? if yes, then uh oh for bitcoin.
legendary
Activity: 2758
Merit: 1075
Segwetters ..... dont think all is ok with bitcoin yet....

This upgrade will not be as easy as they think...

worst case...
Another spilt for bitcoin is very very possible...
A group of miners, devs and a couple of exchanges might like the idea of inflated btc (maybe they already used it) and choose not to upgrade.
The split leads to bitcoin core having to move to a new ticker...
The inflated bug version remains as BTC with segwet an all...
Bitcoin core do the rollback!! on the new bitcoin core chain,  like theymos suggested.(rollback)
 (According to Theymos: "Even if the bug had been exploited to its full extent, the theoretical damage to stored funds would have been rolled back.") https://www.coindesk.com/bitcoin-core-developers-move-to-fix-denial-of-service-software-bug/
legendary
Activity: 1974
Merit: 1160
Hello. Dear Bitcoin Cash community!

Bitcoin Cash [BCH] is listed at igt-crypto.net Exchange and markets BCH/BTC, BCH/USD, BCH/EUR  are available for trading.

Also we accept BCH in our token sale.

Welcome all traders. Thanks!
legendary
Activity: 2101
Merit: 1061
Heres a look at the bcash chart

*snip*

blah blah blah trade at your own risk. Opinions are my own

dude, you have a dash masternode. obviously you hate bitcoin cash.

your analyzing a kraken chart of a 300k usd daily volume (literally the cost of a sale of 1 house in the USA).

its obvious that bitcoin cash will find a higher low and we arent there yet. we saw this around this time last year where it bottomed and found a new high. bitcoin cash is just over 1 year old and has way more merchant adoption/marketcap then Dash and (which is like 5 years older).
its still a much better built global p2p cash system. masternodes are literally an oligarchy. its not sustainable.

I did see the that dash billboard on the highway driving through caracas (not sure why considering mining is way more popular given the free electricity, a terrible investment for your masternode governance, its literally nicer than the nestle and polar billboards lol)

but still very happy to see that marketing.

My post had literally nothing to do with Dash.

Yeah, but your history is all in the dash fourm, including the masternode payout statistics. i just made the assumption. do you have a dash masternode? if so, your incentive is likely against bitcoin cash. hence the 'bcash chart'

LOL. The conclusion on the chart states this is bullish for Bitcoin Cash.

im so used to defense lol

You've been stalking me ?


And seem to know things about me that I didnt know myself!

 Shocked

legendary
Activity: 2086
Merit: 1282
Logo Designer ⛨ BSFL Division1
Looks like it is ... time for pump.
Why ?

Same 'investor' as for Ripple.
Good
full member
Activity: 520
Merit: 123
Heres a look at the bcash chart

*snip*

blah blah blah trade at your own risk. Opinions are my own

dude, you have a dash masternode. obviously you hate bitcoin cash.

your analyzing a kraken chart of a 300k usd daily volume (literally the cost of a sale of 1 house in the USA).

its obvious that bitcoin cash will find a higher low and we arent there yet. we saw this around this time last year where it bottomed and found a new high. bitcoin cash is just over 1 year old and has way more merchant adoption/marketcap then Dash and (which is like 5 years older).
its still a much better built global p2p cash system. masternodes are literally an oligarchy. its not sustainable.

I did see the that dash billboard on the highway driving through caracas (not sure why considering mining is way more popular given the free electricity, a terrible investment for your masternode governance, its literally nicer than the nestle and polar billboards lol)

but still very happy to see that marketing.

My post had literally nothing to do with Dash.

Yeah, but your history is all in the dash fourm, including the masternode payout statistics. i just made the assumption. do you have a dash masternode? if so, your incentive is likely against bitcoin cash. hence the 'bcash chart'

LOL. The conclusion on the chart states this is bullish for Bitcoin Cash.

im so used to defense lol
legendary
Activity: 1806
Merit: 1828
Heres a look at the bcash chart

*snip*

blah blah blah trade at your own risk. Opinions are my own

dude, you have a dash masternode. obviously you hate bitcoin cash.

your analyzing a kraken chart of a 300k usd daily volume (literally the cost of a sale of 1 house in the USA).

its obvious that bitcoin cash will find a higher low and we arent there yet. we saw this around this time last year where it bottomed and found a new high. bitcoin cash is just over 1 year old and has way more merchant adoption/marketcap then Dash and (which is like 5 years older).
its still a much better built global p2p cash system. masternodes are literally an oligarchy. its not sustainable.

I did see the that dash billboard on the highway driving through caracas (not sure why considering mining is way more popular given the free electricity, a terrible investment for your masternode governance, its literally nicer than the nestle and polar billboards lol)

but still very happy to see that marketing.

My post had literally nothing to do with Dash.

Yeah, but your history is all in the dash fourm, including the masternode payout statistics. i just made the assumption. do you have a dash masternode? if so, your incentive is likely against bitcoin cash. hence the 'bcash chart'

LOL. The conclusion on the chart states this is bullish for Bitcoin Cash.
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