Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 320. (Read 704539 times)

my bad, lol, nvm, yeah, its around 2140, another 100yrs or so.

Yes, he got it wrong. According to estimates on stackexchange it will be about 2140, not 2040.


https://bitcoin.stackexchange.com/questions/10486/when-will-the-last-bitcoin-be-mined

I think you'll find its 2140 approx

bc bitcoin mining reward half every 4 years, increasing in btc value will justify and provide incentive for miners continue mining btc, but by 2040 , last btc mined. No more btc reward, says transaction fees is low for mass adoption, how will btc network be maintained??? Anyone know?

weeeeeeeee
>The Bilderberg Group funded Blockstream. On February 3rd, 2016, AXA invested $55 million in Blockstream. At the time of that investment, Henri de Castries was the head of both AXA and Bilderberg Group.
https://www.coindesk.com/blockstream-55-million-series-a/
https://en.wikipedia.org/wiki/Henri_de_Castries
https://en.wikipedia.org/wiki/Bilderberg_Group

>MasterCard funded Digital Currency Group, which funded Blockstream. Note: Glenn Hutchins serves as a board director for both the Digital Currency Group and the Federal Reserve Bank.
https://www.ccn.com/mastercard-digital-currency-group/
http://dcg.co/who-we-are/ (Archive: http://archive.is/6BLgo )
http://dcg.co/portfolio/#b (Archive: http://archive.is/u9e3n )
>Blockstream crippled Bitcoin BTC, to push people towards the Lightning Network:
https://cointelegraph.com/news/bitcoins-possible-privatization-has-blockstream-created-problem-to-provide-solution
>The Truth About Lightning Network:
https://youtube.com/watch?v=UYHFrf5ci_g [Embed]
https://hooktube.com/watch?v=UYHFrf5ci_g
>Larry Summers, the man who started the "war on cash" also serves as "special adviser" to the DCG board.

https://twitter.com/Tom_Horvath/status/949207156338946048
weeeeeeeeee

Bitcoin Clashic is the real Bcash!!

Satoshi's True Vision!!!~1~onetildeone!

https://twitter.com/BitcoinClashic

http://bitcoinclashic.org/

How's life in "sour grapesville" today? Sorry to here bcash got hacked on reddit. Fast and cheap like a 2 dollar hooker= less secure. weeeeeeeeeeeeeeeeeeeeee.

The miners will get plenty of reward LN does not take their reward there will be the opening and closing fee plus any transaction of a considerable amount a LN transaction is not meant for huge value transactions its for lots of lower value ones from the tiniest of micro transactions even sending 1 single satoshi will be possible something BCH cannot do.

As for sending to exchanges to sell if the exchanges accept LN then you will be able to send and sell from your personal wallet in under a second this is much more secure than leaving your funds on an exchange just in case you need it fast if the exchanges happens to be hacked etc then you are SOL

What's segwit2x got to do with core ? they never supported it segwit2x was an attempt by businesses to acquire control of bitcoin

How is segwit a cash grab nobody earns from it you actually save money by making transaction sizes smaller thus paying lower fees and yes it has further advantages such as easy 2nd layer scaling and schnorr signatures etc that will give much greater capacity than segwit alone so instead of requiring a signature for every input you just have a single signature for all inputs saving about 40%

With Segwit and schnorr signatures BTC will be able to store in the current block limit roughly the same amount of transactions that BCH can in a full 8MB block it's about efficiency.

Would you have preferred microsoft to take the easy way out and just make you use your computer with 128GB or ram and a minimum of a 3TB HDD or like they did and made windows more efficient so it can run on 4GB RAM and a 60GB HDD.

Just increasing the blocksize is like taking a car with a 1L engine that can do 100MPH  and replacing it with a 6L and expecting it to do 600MPH.

It's ok saying huge blocks are easy HDDs are cheap you can buy a 6TB HDD that but that 6TB mechanical HDD wont work reliable enough you will need 6TB worth of solid state disk to cope with the throughput and it's not just a matter of downloading the blocks to verify the nodes also need to share this data with other nodes

Imagine a miner has just solved a 1GB block this 1GB block now needs to be sent to another node if there are 200 nodes then the miner either has to simultaneously upload 1GB to 200 nodes (200GB) fast before the next block is found or just a small sample say 20 nodes (20GB) then them 20 have to verify the 1GB and then pass it on say each one does 10 nodes thats 10GB and this needs doing preferably under 1 minute.

While this huge block is being propagated the miner that found the block is already busy solving the next before the others have even got the block nevermind verified it this puts everyone else at a huge disadvantage especially if it takes a few minutes this puts every other miner at a huge disadvantage

not this problem that doesnt exist again, at least 10yrs upto 140yrs...and your solution is to make users pay mega high fees and wait extremly long times for transactions today!..(or set up a tab)
also if core cared so much about the miners they wouldnt have taken the piss out tof them by lying about segwit2x and more....so please spare us the "we care about the miners future crap"

trust me users are not going to set up ln or other complex unproven tech, esp when there are far better, easier choices like BCH that they can use today.
You should be grateful Bitcoin cash forked a day before segwit was put in permanently to infect the btc chain.
I see it as a rescue operation , not a cash grab...
segwit is a cash grab, an attempt to control all of crypto through a company...this is wrong.

tek..who are you?, your motives are becoming clearer ever time you post, ...you are part of blockstream somehow arent you.

I think it is good idea.

I am not down for Bitcoin cash it is a straight up money grab from big whales wanting to double up nothing more

There is no long term future the miners need fees to survive and Cash is going out of there way to make it cheap to use now they are compensated in block rewards but what happens in like 10 years when the block reward becomes closer to 1.5BCH and fees start to become much more relevant to keep security and if the rumor is true that BCH is going to HF again to reduce fees from 1sat/1b to 1 sat/10b then miner rewards get even lower there will just be no incentive to carry on mining with the same security level making the network much weaker overall in this scenario there are only a few of things that will help

1. There is a HUGE increase in on chain transactions you will need probably 1 million transactions per block to keep the security level
2. You gain HUGE in value way above BTC like 10x its value
3. You HF again increasing the 21m coin cap to create more miner subsidies inflating the coin supply and going against everything bitcoin ever stood for

clutching straws m8...however if you want to consider clahsic as real btc then thats fine by me...its a scam as its not listed or followed by anyone..except a few blockstreamers trying to cause problems as usual.

admit it, your down to Bitcoin cash and you know it 

So the one that you started off shouting is the real bitcoin is now a scam even though it is unchanged in anyway and you you are now claiming a forked coin of this is the real bitcoin

What changed with clashic to cause it to not be the real bitcoin anymore and a scam may I ask because it is 100% what bitcoin cash was the day it forked

Clashic fits everything in your checklist as to being the real bitcoin

1. Exactly the same as bitcoin cash the day it was born (bitcoin Cash changed the rules clashic is preserving the original vision of jihan & friends)
2. It's the longest chain

Hi,

If somebody looking for bootstrap.dat, there is one now: https://seednode.ddns.net/~bcc/ compressed with LZMA. Uncompressed size about 130GB. Uptodate: 03.01.2018.

Best Regards,
Rossen

bcc/bch: 1A6PHT5qnTPLGY5LSgaA9AbsRJqDBS6jqG

so 15 of your forked coins cannot claim to be REAL bitcoin..ever...they are all scams, imo inc btg & claschic

now the remaining 3, BCH, btg and clashic.
Out of the 3 segwit free coins, which one had no premine,never changed the orginal algo and was distributed fairly to all old btc holders?

Bcash Clashic was Roger's true vision.

Just Cash and Clashic if you wanna call that a fork since its just the old EDA chain which is currently the longest chain and yes it has overtook the BCH chain

I don't know if all took place though I know a some have and I can view by balance on their block explorers

^ how many from this list forked before segwit was put in?

GDAX does not count it was suspended straight away for insider trading and im not saying that both have not gained or fallen just that the position they are in now percentage wise is no different from when BCH first launched it has made no real gains compared to the value of BTC

What I have noticed is the value of BCH slowly falls to around 10% remains there for a bit gets pumped up to about 20% then slowly falls again averaging around 15% it was 16% the day it launched before the initial dump

But even though BCH has made no real gains BTC holders are still better off because now you have just BCH and BTC if you held before the fork while BTC holders still have BTC plus BCH if they held and now bitcoin gold, superbitcoin there are more but I cannot think of them right now I need to look into whats officially launched I know a lot never surfaced I think bitcoin private launches this month that should be pretty big I would have thought that would have forked from BCH though since its from Rhett Creighton he was a BIG BCH supporter but no its BTC

There is a list of all forks on wikipedia not sure whats real and what was fake
https://en.wikipedia.org/wiki/List_of_Bitcoin_forks

Bitcoin Cash: Forked at Block 478558[4], 1 August 2017, For each 1 BTC you get 1 BCH
Bytether: Cross fork from Bitcoin to Ethereum blockchain at block 478558, 1 August 2017. For each 1 BTC you get 1 BTH ERC-20 token.
Bitcoin Clashic: Forked at Block 478558[5], 1 August 2017. For each 1 BTC you get 1 BCHC / BCL
Bitcoin Gold: Forked at Block 491407[6], 24 October 2017, For each 1 BTC you get 1 BTG
Bitcoin Diamond: Forked at Block 495866[7], 24 November 2017, For each 1 BTC you get 10 BCD
UnitedBitcoin: Forked at Block 498777[8], 12 December 2017, For each 1 BTC you get 1 UB.
Bitcoin Hot: Forked at Block 498848[9], 12 December 2017, For each 1 BTC you get 100 BTH
Super Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 SBTC
BitcoinX: Forked at Block 498888[10], 12 December 2017, For each 1 BTC you get 10,000 BCX
Oil Bitcoin: Forked at Block 498888, 12 December 2017, For each 1 BTC you get 1 OBTC
Bitcoin World: Forked at Block 499777, 17 December 2017, For each 1 BTC you get 10000 BTW
Lightning Bitcoin: Forked at Block 499999, 19 December 2017, For each 1 BTC you get 1 LBTC
Bitcoin Stake: Forked at Block 499999, 19 December 2017, For each 1 BTC, you get 100 BTCS
Bitcoin Faith: Forked at Block 500000, 19 December 2017, For each 1 BTC you get 1 BTF
Bitcoin Top: Forked at Block 501118, 26 December 2017, For each 1 BTC you get 1 BTT
Bitcoin God: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1 GOD
Bitcoin FILE: Forked at Block 501225, forked on 27th December 2017. For each 1 BTC you get 1000 BIFI
Bitcoin SegWit2X X11 Not to be confused with a previous fork SegWit2X with the same name. Forked at Block 501451, 28 December 2017. For each 1 BTC you get 1 B2X
Bitcoin Uranium: Forked on 31st December 2017, For each 1 BTC you get 1 BUM.
Bitcoin Pizza: Forked at Block 501888, 1st January 2018, For each 1 BTC you get 1 BPA
Bitcoin All: Forked on 1st January 2018, For each 1 BTC you get 1 BTA. Referenced on steemit post.