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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 445. (Read 704812 times)

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Top 3 Coin
- Friendly, Inclusive & Witty Community
- Enabling Innovation
- Empowering financial inclusion again

The BCH community should be proud what they have achieved so far and we just started 🙂


That's right bobb BCH not Bitcoin do you see the difference now  Grin Grin ?
full member
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Chosŏn Minjujuŭi Inmin Konghwaguk
If Bitcoin Cash is faster, cheaper and more profitable in mining, then it is just a matter of time before it equals the capitalization of BTC. These high fees at BTC will not be accepted...
Yes and we can see that by the drastic transaction decline on the Bitcoin blockchain and drastic increase of transactions on the superior Bitcoin cash blockchain...... Oh wait that's not right.
legendary
Activity: 1223
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If Bitcoin Cash is faster, cheaper and more profitable in mining, then it is just a matter of time before it equals the capitalization of BTC. These high fee at BTC will not be accepted...
hero member
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Less hops. More wins.
 Top 3 Coin
- Friendly, Inclusive & Witty Community
- Enabling Innovation
- Empowering financial inclusion again

The BCH community should be proud what they have achieved so far and we just started 🙂




hero member
Activity: 966
Merit: 501
will bitcoin cash take over the price of bitcoin 2 years from now? I don't think it will, maybe 5 years

I think it will hardly happen in the future. Bitcoin is still a King of cryptocurrencies at the moment  and it can be called a Digital Gold or a solid asset in the world .

As you know Bitcoin is more expensive than Gold with 6 times multiple so If Bitcoin was dead then the altcoins  would be dead as well.

No offense , but saying If Bitcoin was dead then the altcoins would be dead as well.

That is like saying If the US Dollar was dead then the other World Currencies would be dead as well.

See how stupid that is!

If Core Btc dies, another coin will take it's place at the top.  And that's it, so undo your brainwashing by the core idiots and start thinking again.

Bitcoin Cash or Ethereum or Litcoin would become #1 coin and life goes on.


╥Aztek

I have to agree with you that it is nonsense by saying 'If Bitcoin was dead then the altcoins would be dead as well.'
Although 50% of my portfolio is BTC, I am not 100% sure it will remain No.1 in the future.
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and oh, just in case you guys still wonder what's this all about: https://pbs.twimg.com/media/DO-VdebX4AA5Mll.jpg:large
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you'll need this guys, happy trading https://github.com/lvx3/tether_alerter
hero member
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will bitcoin cash take over the price of bitcoin 2 years from now? I don't think it will, maybe 5 years

I think it will hardly happen in the future. Bitcoin is still a King of cryptocurrencies at the moment  and it can be called a Digital Gold or a solid asset in the world .

As you know Bitcoin is more expensive than Gold with 6 times multiple so If Bitcoin was dead then the altcoins  would be dead as well.
full member
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Contact the world - anytime, anywhere


Hello, friends.
We accept BITCOIN CASH.
You are welcome!
jr. member
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will bitcoin cash take over the price of bitcoin 2 years from now? I don't think it will, maybe 5 years
hero member
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full member
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I'm loading up, Bitcoin Cash seems to be the future of bitcoin. What exactly is better about bitcoin core then cash?

Seems all the advantages lie in Cash other than Bitcoin has the simple "Bitcoin" name. I've done hundreds (probably close to a thousand) bitcoin transactions and its really not even useable as a currency, it takes too long with too big of fees.

Problem is that on-chain scalability is no sustainable scalability solution. BCH is prioritizing on-chain scalability while Bitcoin focuses on off-chain scalability. Up to you what you think is more sustainable (talking about the long-term). Quality of developers, existing ecosystem and other factors also play a role. And in the end it doesn't have to be "either" "or". Both could serve a purpose.



http://markets.businessinsider.com/news/stocks/nChain-and-Bitcoin-Unlimited-Launch-Gigablock-Testnet-for-Larger-Bitcoin-Block-Sizes-1002059546

 the exact same thing you falsely said about bitcoin cash (the real bitcoin) is actually true about your altcolon sewit.  the fact is that lightning network is not able to scale.  

[concern trolling]

Roger Ver Declares Bitcoin Cash to Be True Bitcoin, Market Forces Bring More Attention
https://cointelegraph.com/news/roger-ver-declares-bitcoin-cash-to-be-true-bitcoin-market-forces-bring-more-attention
I wasn't really surprised to see the message about Roger's support to BCH this morning. The movement of his BTC last week was probably just a heads up. No idea what's going to happen now. Personally i would expect the price of BTC but it didn't...or maby if will later today.
full member
Activity: 168
Merit: 100

I'm loading up, Bitcoin Cash seems to be the future of bitcoin. What exactly is better about bitcoin core then cash?

Seems all the advantages lie in Cash other than Bitcoin has the simple "Bitcoin" name. I've done hundreds (probably close to a thousand) bitcoin transactions and its really not even useable as a currency, it takes too long with too big of fees.

Problem is that on-chain scalability is no sustainable scalability solution. BCH is prioritizing on-chain scalability while Bitcoin focuses on off-chain scalability. Up to you what you think is more sustainable (talking about the long-term). Quality of developers, existing ecosystem and other factors also play a role. And in the end it doesn't have to be "either" "or". Both could serve a purpose.



http://markets.businessinsider.com/news/stocks/nChain-and-Bitcoin-Unlimited-Launch-Gigablock-Testnet-for-Larger-Bitcoin-Block-Sizes-1002059546

 the exact same thing you falsely said about bitcoin cash (the real bitcoin) is actually true about your altcolon sewit.  the fact is that lightning network is not able to scale.  

[concern trolling]

Roger Ver Declares Bitcoin Cash to Be True Bitcoin, Market Forces Bring More Attention
https://cointelegraph.com/news/roger-ver-declares-bitcoin-cash-to-be-true-bitcoin-market-forces-bring-more-attention
hero member
Activity: 1134
Merit: 525
Less hops. More wins.
I'm loading up, Bitcoin Cash seems to be the future of bitcoin. What exactly is better about bitcoin core then cash?

Seems all the advantages lie in Cash other than Bitcoin has the simple "Bitcoin" name. I've done hundreds (probably close to a thousand) bitcoin transactions and its really not even useable as a currency, it takes too long with too big of fees.

Problem is that on-chain scalability is no sustainable scalability solution. BCH is prioritizing on-chain scalability while Bitcoin focuses on off-chain scalability. Up to you what you think is more sustainable (talking about the long-term). Quality of developers, existing ecosystem and other factors also play a role. And in the end it doesn't have to be "either" "or". Both could serve a purpose.



http://markets.businessinsider.com/news/stocks/nChain-and-Bitcoin-Unlimited-Launch-Gigablock-Testnet-for-Larger-Bitcoin-Block-Sizes-1002059546

 the exact same thing you falsely said about bitcoin cash (the real bitcoin) is actually true about your altcolon sewit.  the fact is that lightning network is not able to scale.  

[concern trolling]
hero member
Activity: 546
Merit: 500
I'm loading up, Bitcoin Cash seems to be the future of bitcoin. What exactly is better about bitcoin core then cash?

Seems all the advantages lie in Cash other than Bitcoin has the simple "Bitcoin" name. I've done hundreds (probably close to a thousand) bitcoin transactions and its really not even useable as a currency, it takes too long with too big of fees.

Sure, the current fee level of BTC can not support micro transaction. even big transaction. Too expensive.
full member
Activity: 392
Merit: 154
Problem is that on-chain scalability is no sustainable scalability solution.

Of course. 'Everybody knows that'. Of course, 'everybody' also knows that 'anything over 1MB is unsafe'. Funny that BCH is chugging along at 8MB.
They're chugging along with about 20kb blocks, barely any transactions in their blocks.

I say we set up a spam group and see how BCH really performs with constant 8MB blocks really make use of those 1sat transactions not hard to write a bash script to query blitcoin-cli to get/create addresses to send/receive from and just run transactions around and around in an infinite loop to different addresses you already own for next to nothing get confirmed and go again and again

Give me 2 mins and ill knock something up quick

Before you claim 8MB blocks are working at least try running the network with them


EDIT
Here you go don't know how well it will work lol but something like this would probably do the job

1.Set fee to nothing if its allowed
2. Get a new address
3. Send a random low amount to the new address
4. Repeat forever as fast as the system will allow until killed (CTRL+C)


Code:
#!/bin/bash
/locaiontoyour/bitcoin-cli -conf=/locationtoyourconf/bitcoin.conf settxfee 0.00000000
while true
do
        NEWADDR="$(/locaiontoyour/bitcoin-cli -conf=/locationtoyourconf/bitcoin.conf getnewaddress)"
SENDAMT=0.000000$(( $RANDOM % 99 + 1 ))
/locaiontoyour/bitcoin-cli -conf=/locationtoyourconf/bitcoin.conf sendtoaddress "${NEWADDR}" ${SENDAMT}
done
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