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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 248. (Read 704539 times)

STT
legendary
Activity: 4102
Merit: 1454
Its not lower risk, I think BCH is like what Bitcoin was a couple years ago.  Ultimately they hit the same problem of a block size that needs to expand to fill the demand for transactions.   Its not that the problem was avoided forever but its at a different point on the timeline to facing any difficulties.    Have the attitude to avoid high fees is admirable also and perhaps that is what has garnered support.   It comes down to efficiency ultimately but still its impressive how many connections have been managed to ensure the blockchain is being used and price support is likely from that usage
jr. member
Activity: 66
Merit: 5
Yes, you can imagine how much you can grow on earth and, for example, enrich
A tree that brings profit from the root to the crust
Everything that grows on the tree of the walnut, brings profit: leaves, bark, branches and especially wood, which is very expensive. The nut is used in the manufacture of briquettes, as well as the abrasive materials required for grinding engines. Wood of walnut is used in the furniture industry, the production of aircraft and automobiles. The price of a walnut tree can reach 1500 euros per cubic meter. In the long term, only walnut wood can generate revenues of about 450,000 euros per hectare. https://bitcointalk.org/index.php?topic=2998913.60
full member
Activity: 406
Merit: 109
Full Bitcoin Cash Banking incoming:

https://www.bitwala.com/bitwala-bank-account-coming-soon/

 Shocked Shocked Shocked

wow seems like a big news.
Bitcoin Cash does need some big developments like this for it to sustain itself in the top 5
or it will just get labelled as something that rose due to just forking the King  Smiley
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
hero member
Activity: 686
Merit: 504
You will see numbers thrown about that with gigabyte blocks a node will cost roughly $20000 a month to run this is out of the budget for most businesses so you will only get large corporations and the miners running them

LOL tek you crack me up. I run a full node for FOUR DOLLARS A MONTH you doofus.  A GB block server is $20k upfront right now and $50/month to host in a good datacenter, in 2 years it'll be  $4k cost for the hardware and hosting will be the same cost.

My server cost's me $50USD a month and is running full nodes for quite a few forked coins with txindexing

It has 32GB RAM and 3TB HDDs in a RAID1 array and new fork coins are taking longer and longer to sync the full chains
Ive been hosting and running dedicated servers for the last 20 years granted in the early days it was just simple illegally File sharing music over FTP before p2p made it easy then I moved to a private torrent site that I spent 100s of hours modifying the code to suit my needs and eventually gave away to a new admin because I had enough that he then run it into the ground because he didn't have the experience to combat attacks and closed it.


That hardly counts as evidence for your outlandish $20,000/mo fantasy.

Ironically his server sounds like it could easily support 256MB blocks or more... and yet, instead he's doing stupid shit like this:



Last week I started collecting ALL mempool dumps every minute that are being automatically uploaded once a day to my google gsuite  account where I have unlimited storage



FACE->PALM
member
Activity: 182
Merit: 17
Yes and this is why bch is loosing ground on btc on a daily basis

Maybe short-term speculative price, but BCH adoption is much higher.  It's lower risk for merchants and processors. Oh well, maybe Lightning will figure out the many-to-one and one-to-many transactions ...

Nah ask the Bshills for the list and you can see the embarassing adoption of Bcash yourself.
full member
Activity: 315
Merit: 120
Yes and this is why bch is loosing ground on btc on a daily basis

Maybe short-term speculative price, but BCH adoption is much higher.  It's lower risk for merchants and processors. Oh well, maybe Lightning will figure out the many-to-one and one-to-many transactions ...
member
Activity: 182
Merit: 17
Bitcoin cash (BCH) is pushing higher against the greenback and could test the $1,200 mark soon, according to the technical charts.

As of writing, the world's fourth-largest cryptocurrency by market capitalization is changing hands at $1,119 - up 3 percent on a 24-hour basis, according to data source CoinMarketCap. Prices had dropped to a four-week low of $938 on Friday, tracking the broader market sell-off.

However, over the weekend, BCH moved back above the $1,000 mark, signaling a temporary low is in place at $938.

Seen at: https://www.coindesk.com/bitcoin-cash-price-enters-recovery-mode-4-week-low/

Nice -8,5 % typical pump and dump heavily manipulated shitcoin slowly but surely dying.
full member
Activity: 392
Merit: 154
Bitcoin cash (BCH) is pushing higher against the greenback and could test the $1,200 mark soon, according to the technical charts.

As of writing, the world's fourth-largest cryptocurrency by market capitalization is changing hands at $1,119 - up 3 percent on a 24-hour basis, according to data source CoinMarketCap. Prices had dropped to a four-week low of $938 on Friday, tracking the broader market sell-off.

However, over the weekend, BCH moved back above the $1,000 mark, signaling a temporary low is in place at $938.

Seen at: https://www.coindesk.com/bitcoin-cash-price-enters-recovery-mode-4-week-low/

Bitcoin BTC will drag it back up but like never lasts as more bail out of BCH
sr. member
Activity: 434
Merit: 255
Bitcoin cash (BCH) is pushing higher against the greenback and could test the $1,200 mark soon, according to the technical charts.

As of writing, the world's fourth-largest cryptocurrency by market capitalization is changing hands at $1,119 - up 3 percent on a 24-hour basis, according to data source CoinMarketCap. Prices had dropped to a four-week low of $938 on Friday, tracking the broader market sell-off.

However, over the weekend, BCH moved back above the $1,000 mark, signaling a temporary low is in place at $938.

Seen at: https://www.coindesk.com/bitcoin-cash-price-enters-recovery-mode-4-week-low/
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
Roger really needs to pump Bcash.

his shitcoin is dying slowly

BTC : real fork
BCH : real cash

Yeah, BCH is just the shift of the ceiling as Satoshi suggested

BTC is now some Softsegregatedwitnessforkneedslighteningandothersecondlayershittoscalebutisnotb itcoinanymore



How can Bitcoin be stated as the fork when it continued as it did previously.   The majority voted for Bitcoin development to continue along its path hence the general disagreement with any other coin trying to label itself as Bitcoin when it has not passed this majority test.

The modification is Bitcoin cash ?  Its the fork and it carries the minority with it, isnt this correct.   I dont mind the existence of BCH or the attempt to take another direction even, that is the consequence of open source and a free market open to all.     Its not the original Bitcoin though, it should have really taken a new name.    I get the fees argument but obviously that was recognised as a problem but not just the BCH team but also the 'core' Bitcoin devs.
Yes and this is why bch is loosing ground on btc on a daily basis
STT
legendary
Activity: 4102
Merit: 1454
Roger really needs to pump Bcash.

his shitcoin is dying slowly

BTC : real fork
BCH : real cash

Yeah, BCH is just the shift of the ceiling as Satoshi suggested

BTC is now some Softsegregatedwitnessforkneedslighteningandothersecondlayershittoscalebutisnotb itcoinanymore



How can Bitcoin be stated as the fork when it continued as it did previously.   The majority voted for Bitcoin development to continue along its path hence the general disagreement with any other coin trying to label itself as Bitcoin when it has not passed this majority test.

The modification is Bitcoin cash ?  Its the fork and it carries the minority with it, isnt this correct.   I dont mind the existence of BCH or the attempt to take another direction even, that is the consequence of open source and a free market open to all.     Its not the original Bitcoin though, it should have really taken a new name.    I get the fees argument but obviously that was recognised as a problem by not just the BCH team but also the 'core' Bitcoin devs.
member
Activity: 182
Merit: 10
When next hardfork?
jr. member
Activity: 186
Merit: 1
Superb news: Bitconnect is delisted from last exchange on 19th March.

prove:    https://www.coinexchange.io/market/BCC/BTC
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Roger really needs to pump Bcash.

his shitcoin is dying slowly

BTC : real fork
BCH : real cash

Yeah, BCH is just the shift of the ceiling as Satoshi suggested

BTC is now some Softsegregatedwitnessforkneedslighteningandothersecondlayershittoscalebutisnotb itcoinanymore

sr. member
Activity: 434
Merit: 255
Bitcoin Cash is gradually trying to maintain its position above $1,000 – at the time of writing, it is valued at 1,068.87. Along with Litecoin and Dash, it is the only cryptocurrency in green in the top 10 list. One certain event can be linked to its increasing price: the Gemini exchange.
Tyler and Cameron Winklevoss talked about expanding their exchange to other cryptocurrencies including Litecoin and Bitcoin Cash at the Cboe Risk Management Conference (RMC). Both the Gemini exchange and the Chicage Board Options Exchange (Cboe), have a partnership such that Cboe will only list currencies present on the twins’ platform, as per their deal which allows Cboe to use Gemini’s cryptocurrency data to calculate futures. So, only one of these companies have to decide whether they want to allow new cryptocurrencies, forcing the other to accept the decision.

Seen at: https://www.ccn.com/bitcoin-cash-5-day-contrast-market-retreat/
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
sr. member
Activity: 784
Merit: 255
I want to know who is behind BCH Huh
I watched his progress very rapidly and someday could replace btc.
What is the main thing in the progress you have noticed?

I'm not going to discuss this too far.
Look at the current BCH price which is always stable even though BTC is not stable.
That is proof that BCH progress is very rapid.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
You will see numbers thrown about that with gigabyte blocks a node will cost roughly $20000 a month to run this is out of the budget for most businesses so you will only get large corporations and the miners running them

LOL tek you crack me up. I run a full node for FOUR DOLLARS A MONTH you doofus.  A GB block server is $20k upfront right now and $50/month to host in a good datacenter, in 2 years it'll be  $4k cost for the hardware and hosting will be the same cost.

My server cost's me $50USD a month ...

That hardly counts as evidence for your outlandish $20,000/mo fantasy.
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
You will see numbers thrown about that with gigabyte blocks a node will cost roughly $20000 a month to run this is out of the budget for most businesses so you will only get large corporations and the miners running them

I'll see $20,000/month opex numbers thrown about? Where?

Quote
While this is generally ok you are putting complete trust into a few all the BCH mining pools are "friends" so if they decide for instance that the low fees are not enough to sustain a profitable business they can just increase the coin supply as no one else can afford to run nodes you just get forced to accept any changes or move to something else.

Which, of course, is exactly the same situation as Bitcoin Segwit.
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