Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 139. (Read 704506 times)

"I will be giving a talk at #ScalingBitcoin on how a block size increase up to 3600x the present size and a change of proof-of-work can be achieved with a fully backwards compatible soft-fork—old clients see all transactions and valid SHA256 block headers."

Sounds interesting, but I don't see how this translates as a threat to BCH.

Core has already shown an incredible irrational resistance to scaling on-chain. The ugly hack of adopting SegWit as a so-called 'soft fork' has proven to have been the mechanism by which new security vulnerabilities have been introduced to BTC - will this 'soft fork' be any different? Lastly, experience with other chains has already conclusively demonstrated the folly of jettisoning $Billions of USD worth of dedicated security appliances.

While the capacity increase is attractive, this looks to be facing at least a trifecta of real implementation problems.

I must admit that as far as technical details, I am quivering with antici...
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...pation.

Small minds discuss people.


Indeed it is. I find this disappointing. However, popularity is not a proper basis for determination of superiority. And popularity metrics can turn on a dime. I am confident this trend will turn. If your only concrete aspect you wish to discuss is popularity, I guess I'm done with this branch of this conversation.


It most certainly has not proven so. In the last test of BTC's scaling properties -- 4q17-Jan18 -- BTC failed miserably.

Not that I m bored these days, but I 'll happily watch that - would it come in with an UASF ? Since a miner vote might be totally irrelevant for that altcoin? 

What white paper will it follow btw?

Speaking of douchebags
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How much money have you donated/funded to the Crypto space?

This token will be very valuable. I see the potential of it. If I could, I would need more time to invest in it.

I think btc price will grow up on next month, September 2017 ,bitcoin price  was 4000$ and now btc is 6000$ ,bch is keep going up.

Totally Agree 

The nail in BCH's coffin?

https://twitter.com/MarkFriedenbach/status/1030211193544134658

 #ForwardBlocks

The difference is you have the two biggest douchebags in all of crypto doing everything they can to fud bitcoin and promote bcash, that's the difference.

Wright is a douchebag. He could never even admit outright that his entire "I am Satoshi" bit was an utter hoax. He's a sociopath who won't stop until the world addresses him as "God."

Ver is a douchebag. He uses his control of bitcoin.com to mislead people into buying bcash when they are trying to buy bitcoin. It took a lawsuit for him to stop his atrocious behavior.

Bitcoin doesn't need to resort to such tactics because it is the superior product.

But if you want to discuss "concrete aspects," let's discuss how the popularity of bcash is concretely waning while the popularity of bitcoin is concretely growing.



On January 1st, BTC had a 38% dominance of the total market cap while BCH had 7%.

Today, BTC has grown to a 52% dominance while BCH has slipped to 4.4%.

Now if BCH was seen as "better," "less speculation-based" or simply "more popular" than BTC, this percentage would be on the rise as it could be considered a relatively stable store of value. However, its % dominance has been on the decrease along with every other altcoin because BTC has proved it can scale to demand. The inherent utility over BTC that BCH proposes is no longer necessary because BTC has adapted and evolved to find ways to scale.

Really Roger should have come up with a more original name than "Bitcoin Cash" if he wanted it to succeed. It's confusing to new users and a blatant ripoff / coat-tail ride to veterans.

Good for you

I am very confident

One among many.

(...not much of a save there...)


No shit.


If Lukejr... If Back... If Vays...

Funny how you feel you need to trot out personalities - rather than discuss concrete aspects of the chains and the implementations built thereupon.

edit:spelling

This here might be a good thing to get really CLEAN protocol code, long term stability and bold industrial style expectation management  - good for any decent integration on top of that protocol -> easy adoption for any solution provider / user.

https://www.ccn.com/satoshis-vision-craig-wright-to-launch-bch-node-to-restore-original-bitcoin-protocol/

And BTW - it keeps up to the nearly 10y proven concept of secure on-chain  TXs, and fully excludes any other toy games (SW, LN, ...) from such a proven protocol.

Also in terms of regulation ( see actual proceedings at SEC, Fincen ,... ) it is good since Bitcoin Cash will be only investment asset on the market, that is compliant with the only existing selling prospect - the Satoshi white paper. - I'm sure that not really many can think that through yet.

 

BTC is 10 times more expensive than BCH and I think the price isn't that important for pumpers. Bitcoin Cash will rise when the whole market rise.

I'm sure - it will be at a Monday.

 

when pump?

teh flippening?

Actually,  BitCoin cash seeks to be p2p cash.  Each day more merchants accept it for payments for goods and services.  Not some hodl lambo beanie baby coin for hobby devs to play with.  


BitPy just added BitCoin cash to their platform for example.  Low fees and secure.

I suppose you can consider speculation a use if you must. You got me.

But so long as this lying douchebag has a voice, your coin has a serious credibility issue:

https://www.ccn.com/satoshis-vision-craig-wright-to-launch-bch-node-to-restore-original-bitcoin-protocol/

If Wright cared about anything other than his own ego, he would simply step away from the limelight and go silent.

I will just point out here that merely a single use of BCH for merely a single purpose makes your blanket statement perfectly and completely false.

I could provide you with a stack of evidence that supports both parts of my statement and you'd have all day to find ways to refute each one and twist reality to conform to your own. Fact is, if BCH was actually useful it wouldn't need to do everything it could to undermine BTC and trick people into thinking it was BTC.