Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 319. (Read 704539 times)

probably the last you'll heard from him ^^

It will take time just like anything else that is new. I can vouch for myself that if I need to send in extra funds to shore up a margin position I have sent Bitcoin Cash instead of the $20 transfer fee for Bitcoin.

BCH still has only a fraction of the transaction volume of Bitcoin.

Bitcoin

After address new conversion update do we need new client or will toggle address in current client suffice?TIA

Is Bitcoin Private going to be given out to Bitcoin holders or Bitcoin Cash holders?

That's very important! Devs should spread the work about vulnerability and ask users to update ASAP (if there is updated fork version ofc)!

Exactly. Dont connect old electrum to internet
Its a good post for noobs, thanks to share 

Within the South Korean cryptocurrency exchange market, the price of Bitcoin Cash has surpassed $3,800, due to a flurry of mainstream media reports that have emerged over the past few days.
https://www.ccn.com/bitcoin-cash-surges-3800-korea-amid-flurry-mainstream-media-coverage-roger-ver/

Did they update with new patch already? If not, I wouldn't use and also move your coins immediately to another place. Now that the Electrum's vulnerability is known, storing coins in an unpatched Electrum fork is not advisable.

Edit: Looks like they came up with patch. Here is link to download. https://electroncash.org/#download After downloading, verifying and installing, create a new wallet immediately and move your coins to addresses in the new wallet from the old wallet, immediately.

Is it safe to use Electron Cash now that Electrum for BTC is compromised?

No no no teck, I bolded the relevant text. You replied to a comment about no blocksize increase saying it's invalid "becuz Calvin Ayre and Roger Ver sez".

Now it's your turn. What are your priorities and how does BTC fulfill them better than BCH? Should be easy for you, considering how vehement you are in your convictions? So if store of value is first priority for you, that's fine... but let's at least get you on the record with facts rather than name-calling and blustering...

Thx for input, it is gentleman.  

Given the history and the color of this forum most creative power moved over to reddit, twitter and other platforms.

Its not even possible to keep it clean from trollish cross coin selling (see dump icebergs) and childish trash posts.


FYI

https://www.express.co.uk/finance/city/900682/Bitcoin-rise-ripple-Ethereum-Cash-big-bang

That is very interesting. I really don't know what to think about this. Investing in this as a hedge ? I am not optimistic about bitcoin futures as they are nothing more than derivatives and no money actually gets invested into bitcoin.  Warren Buffet has called derivatives "weapons of mass destruction"

Thank you for doing the research and pointing this out to me

^so what shall current old btc users do while they wait for this fancy new (untested) stuff?....create a tab?
and while old btc users wait...blockcore want to make the blocks even smaller,increasing fees even more..lol

Tell me this, why is there no segwit thread that you can goto?
 a thread that allows you to discuss segwet tech with users and you can teach the noobies.
No point only commenting on a thread that is segwit free, your not going to get anywhere....
spend your energy on another thread promoting all this stuff you think will be revolutionary....and lets see how many users from newbies to legends contribute to the discussion regularly.

That has nothing to do with the quote

You quote a post of me saying a BCH supporters publication is biased to the one side the same as if you asked apple which os is the best iOS or android no matter what the technicalities are apple will always say apple is better.

As for the what you try to derail the content with then BTC fills 1, 2, & 3 you like to post your acceptbitcoin.cash site and if you look over it then you would see BTC is accepted at way more places than BCH yes the fees are higher big deal once the rest of the scaling solutions have rolled out then that will ease the mempool and blockstream are not against a block increase its just not needed yet once schnorr signatures etc are implemented BTC will be able to store more transactions in the current block as BCH can in a 8MB block and if a increase is needed after all this it will be rolled out in a future release

Other busy coins are getting higher fees now too ETH is around $2.50 now and but its got issues but its not block space issue the network infrastructure cannot process the transactions fast enough also with the rise of ripple recently the transaction fee has gone up 3000% even BCH now has a average tx fee of about $0.40 yea its not much but a far cry from under $0.01 that it was a couple of month ago
 

All I can see on this thread is several hundred pages made up mainly of name calling. Why aren't you people coming up with wonderful innovations and sponsoring NASCAR?

Sounds like black and white thinking...

..aaand that's a poor analogy - which mobile OS is superior is mostly an opinion.

Unless of course you care to tally up the tech specs of each and try to make an objective decision. First you need to be clear about your priorities however (is cost more important than usability etc).

OK, Let's try it with cryptos, I will go first:

MY top Priorities (your can be different, but be honest please):
1. I can use it, merchants accept it and I can trade it on exchanges or with private parties
2. It's secure
3. It's safe from theft and govt meddling/inflation
4. Low fees

So far, BTC only fits 2 and 3 - 1 and 4 are gone due to Kore's retardedness/compromise

BCH fits all 4. Your turn.

Exactly more and better projects are coming. Bcash is nothing more then a manipulated pump and dump coin. Isn't used for payments just ask the Bshills for the embarrassing list.
it has a terrible rep (thank Roger Ver). Keep dreaming 

Yea a long time but by 2040 the reward will still be down to around 0.1953125 so still almost non existent and as the reward gets lower then the fees will be needed as this is the only way miners will be paid

Also as the value increases more and more miners come online faster than the difficulty adjusts so the halving is probably closer to 3 1/2 years so by 2040 it could have possibly hit the 0.09765625 reward


Taking data from fork.lol

Block Reward Fees   
(4.39 BTC) $73,109
(0.02 BCH) $55

So right now with no more block subsidy #

A BTC miner will earn $73109 where a BCH miner will just earn $55 per block and to gain the same amount of reward as BTC right now BCH needs to be getting over 130tx/s
so as of now BTC has around 85% miner share but with no block reward BTC will be around will be 99.5% so either
BCH will need to gain HUGE value over BTC
Have a Huge amount of on chain transactions
Raise fees by a huge amount which wont be possible if they keep the intent to make every transaction get into the next block

The only other way is to HF to increase the coin supply and go against what bitcoin was created for

Everyone here keeps going on about satoshis vision and the whitepaper etc but the reality is the white paper was a technical proof of concept it was not a vision of the final project satoshis vision was a deflationary currency not controlled by the banks and yes he even said himself that it would need to scale to layer 2 solutions way back when he was active