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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 240. (Read 704531 times)

legendary
Activity: 2758
Merit: 1075
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks




What is the cost of setting up a node that allows a vote on major changes to the whole system?.....It is so cheap, that it becomes an exploit as the uasf/hf has shown.
Its not like the nodes that vote have to hold a minimum amount of btc (thats how it should be done)


I understand the whole premise of crypto, and taking back financial freedom and not being slaves to bankers system, this is why i support bch.  Tongue
legendary
Activity: 2632
Merit: 2386
$120000 in 2024 Confirmed
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks




you nailed it tek . thats it in a nutshell. bye bye bch
full member
Activity: 392
Merit: 154
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.


Something we agree on the miners will decide major changes the same miners that pushed for the fork do you see a issue here

The miners are just employed to secure the network and are the tiniest percentage <1% of all users so why should they decide what everyone should be forced to accept

Going back to supply inflation just say BCH takes on a stupid infinite block reward subsidy and abolishes all fees somthing like 10 BCH forever per block.

Obviously you won't agree same as all other users that have value and does not want it diluting with such high inflation but the miners would be a dream come true they will hold so much wealth so why wouldn't they pass it.

The whole premise of crypto currency is to take back financial freedom and not to be just slaves to the current banking system and allowing the miners to control the code and changes is just the same you are just giving them total control instead of banks



legendary
Activity: 2758
Merit: 1075
The masses decide what 'Bitcoin' is by the adoption and usage exactly how they decide what their search engine or web browser is.

With SW as a SF BTC is a fork as well and it might be the NetscapeAltavista for the masses.

It still follows the same chain though is didn't fork off you decide it is not forced on you if you don't trust or want to use segwit then you don't have to you decide by the type of address you use

If you carry on using legacy addresses then you are using the exact same Bitcoin as you were several years ago nothing changed in that respect the data is still stored in the block in the exact same way as before.

The only time the data structure changes is when you use a segwit enabled address which in laymens terms just moves the signature data from the transaction field to a separate merkle tree that's pretty much it
Again, isnt that because it was closer to a uahf, disguised as a uasf.....in order to prevent a fork off...which led to segwet coin being called btc and retaining the ticker...

As for ltc, did they need a segwit malleability fix aswell in order to use LN?  

The system that was in place was for miners to signal when they was ready in order to activate a improvement this was not a issue when Bitcoin was early and spread out but since asics and large pools becoming the norm it was getting abused as any miner with over 10% could stop something even if 90% agreed

UASF was just that users running a node that activated segwit without the miners so they had 2 choices come along or signal  ready and activate which they did

And yes litecoin needed a malleability fix and chose segwit for LN


The nodes that do nothing and cost nothing to set up out voted the miners lols
The nodes activated a uahf, why do i say this....because a HF isnt forced on you...."follows the same chain though is didn't fork off you decide it is not forced on you" tek

yea i thought litecoin may have had TM issues, was unsure on what cobbles had changed back in the day when making ltc....TM wasn't one of them anyways lol.


Why would litecoin have TM issues anyone can use segwit every Bitcoin fork now automatically has segwit code and litecoin didn't need lightning it wanted it to remain relevant

LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Why would litecoin have TM issues  .................. "And yes litecoin needed a malleability fix" your comment above.
anyone can use segwit every Bitcoin fork now automatically has segwit code .....yes it does , thats why bch is special like og btc, the only version that is segwit free (pleeeease dont start that clashit stuff lol)
 litecoin didn't need lightning it wanted it to remain relevant ...id say ltc and blockstream took over and killed of btc the way it was meant to be but stole the ticker.

anyways forget ltc.

Back to this uasf/uahf, ...so you agree it was an uahf activated by useless ,free to create nodes. Tongue

Segwit it nothing more than a malleability fix yes it now allows for larger blocks but that was just a side effect

One of the proposed malleability fixes for BCH is very much segwit-like

Segwit moves the signature out of the transaction area into a separate merkle root that allows for backwards compatibility

BCH's proposed fix moves the signature from the transaction area just the same as segwit but simply moves it to the end instead of to a separate merkle tree but this means it must HF and nobody gets to choose it's forced


Its a fix without the miners consent, the people that have real investment in the coin.
It pretends to be a sf but really its a hf.

Whenever bch makes any major future changes, it will be the miners that choose what happens, not free to create nodes that were used to hijack btc.
sr. member
Activity: 504
Merit: 250
It shows pretty well the advantage of the 8mb block size vs the 1 mb block size. Which tool did you use to create this graphic on txhighway
jr. member
Activity: 238
Merit: 3
I must say bitcoin Cash went through a lengthy since its release. We have a great deal to expect within 2018

Its reached top market cap soon after its release, one of the most hyped coin, where btc takes almost a decade.
jr. member
Activity: 238
Merit: 3
Whats ur thought about bitcoin private? potential rival to bch or btc? Who are the developers?
legendary
Activity: 1218
Merit: 1001
I must say bitcoin Cash went through a lengthy since its release. We have a great deal to expect within 2018
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Except no or very few accept 0-conf you amost always have to wait for 3-6 confirmations

Freekin' payment processors used to accept 0-conf transactions. Until persistently full blocks ruined The Bitcoin Experience.
hero member
Activity: 854
Merit: 522
BCH Good News For the community of bitcoin cash ( investors and traders )
https://news.bitcoin.com/chinese-exchange-bitasia-now-supports-0-confirmation-bch-transactions/
Earlier this week the Chinese exchange Bitasia announced it started accepting zero-confirmation transactions
Bitcoin cash BCH will be more fast on this exchanger and fresh money will come to in, be ready to up trend  Smiley

And yet there is a nice site that lists loads of double spends on BCH

https://doublespend.cash

0-conf just is not safe under any circumstances


I think the programmers of exchanger has made calculating about this risk (doubles spends and other risk) because they won't makes disappointing of their costumers to trading bitcoin cash BCH on their market, and zero confirmation of bitcoin cash will takes new costumers to trade on there.
full member
Activity: 392
Merit: 154
LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Amazing. Just the way bitcoin used to work before blocks started getting persistently full.

Except no or very few accept 0-conf you amost always have to wait for 3-6 confirmations

Almost as soon as I pasted the payment address into lncli and pressed enter the email showed up it took longer to actually open steam to redeem the code

Also donated a whole 1 satoshi (0.0000001 BTC) to one of the lightning explorers not because I thought that's was all they was worth but because you can something you cannot do and never could on Bitcoin or Bitcoin cash
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Everyone who has Ethereum, can receive this token, for each 30 tokens, you can get 3 bitcoins
http://www.digitaljournal.com/pr/3707551

Impossibru. Basic arithmetic fail.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
fuck BCH and BTC private

Yes, if you plan on fucking BCH and fucking BTC, you best do it in private.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
Segwit it nothing more than a malleability fix

False. There are many ways of implementing a malleability fix. The approach taken by segwit completely upends the bitcoin security model. All due to implementing it in a way that resisting it required a hard fork.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
US, Korean and Chinese governments are to ban Bitcoin Cash (XEM) token trading
read the press release here http://www.digitaljournal.com/pr/3707551  Grin


i would say: unrelated reference.

Indeed - link to a sketchy press release on a seeming unworkable scheme. Nothing to do with either Bitcoin Cash nor XEM -- which poster seems to think are the same thing.

Adam's social media manipulation budget must be running low - looks like he can only afford bottom-tier shills any longer.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
LN makes commerce simple I purchased some steam vouchers the other day from bitrefill took me about 20 seconds from clicking buy to getting the code email and activating it

Amazing. Just the way bitcoin used to work before blocks started getting persistently full.
member
Activity: 189
Merit: 12
Worldwide BCH adoption would simply kill Segwit sooner or later. Adoption will trigger more chip companies like Samsung start building mining rigs for BCH.

So it's actually good news what's bad news? in terms of bitcoin this is very bad but to cover tech giants like samsung i think is very good, let alone apple willing to listen to this news.

Chipmakers competition is good for the economy and end product buyers hence miners.
member
Activity: 518
Merit: 11
Bitcoin Cash happened because we were forced into a corner. Here's the full story of Bitcoin censorships, harassments, cyberattacks, personal attacks against anyone who dares to scale Bitcoin into a global cash system
https://hackernoon.com/the-great-bitcoin-scaling-debate-a-timeline-6108081dbada?1=1
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
fuck BCH and BTC private
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