Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 578. (Read 704412 times)

Everyone knows that 2MB blocks won't scale Segwitcoin that much, a second layer solution will still be needed. That's likely where Metronome comes in. Why wouldn't Garzik have essentially the same business model as Blockstream? Difference: he's smart enough to have a team who keeps their mouths shut and does what he tells them.

From my limited research, it's my understanding that Garzik is not dumb and he has plenty of ties with law enforcement and government agencies. My prediction is that Garzik will slowly start adding tracking and identity features to BTC. By that time the smart money will likely have exited to alts.



Excellent points, and I like the new term!

I know, right? It's almost as if everyone would rather whine and bitch and cast aspersions as to motivations rather than to expend the hard work to actually compete.

And this in the most open of all possible financial markets. Money suited to a libertarian's dream.

Whowouldathunkit?

Well, that is kind of true. And kind of not. And I'm a Bitcoin Cash advocate, so keep that in mind.

First off, the only segwit transactions that are subject to the anyonecanspend issue are ones not already mined into a block. So if the miners wanted to to claim the value in those newly-anyonecanspend transactions, they would need to roll back the blockchain to release those transactions. Game theory suggests this is unlikely to happen.

Secondly, once those transactions become anyonecanspend again, while it is true that anyone can claim the value, those doing the claiming need to somehow get their claim mined into a block. As miners are able to mine any transactions they care to, and as miners are also able to claim these anyonecanspend transactions, this essentially makes these anyminercanspend transactions. The miners will ignore any competing modified transactions in preference to their own.

Of course, this latter fact is what makes my first observation above less than absolute. As more segwit/anyonecanspend transactions get bound up in the blockchain, the incentive for miners to collude to roll back the chain increases. With each and every segwit transaction.

It baffles me why the Bitcoin Segwit Core advocates -- who claim to distrust the miners so vociferously -- are able to look away from the trust they need to have in miners due to this issue.

that's what's so stupid about the whole thing. i think there are enough people who dislike core, want a usable chain or don't care for another competent development team to take the helm, especially when it has all that business and hashing behind it.

despite all that they've done nearly everything possible to turn people off the idea - no discussion of replay protection just in case, disguising nodes, private mailing lists, weirdly blank responses to logical concerns.

i guess at heart they didn't want to do it if this is how it's panned out. i can't think of any other explanation.

Jitters caused by the upcoming battle of the original chain and segwit 2x. Segwit 2x does have a chance of actually winning this battle. However, that would put the coding in the loving care of Garzik, who is already dividing his attention on some ICO token, Metronome. Is Garzik's scaling solution for BTC going to somehow rely on a ERC20 token? Really? 

Why did the price go so much up ?

Hardware all the way unless you can afford to loose everything

Only keep in a online wallet what you can afford to loose personally I just have sentinel installed (from the creators of samurai wallet) this is not a wallet as such as you cannot spend you can only import your public key or xpub and it just keeps track of your wallets and generates new receiving addresses from your xpub which is a perfect use for a hardware or paper wallet

same as mycelium, and mycelium has more crap plastered over it sometimes.

it's cheesy but these people have to eat. there are programmers to pay, servers and nodes to run. i'd prefer it if they charged a one time fee myself and i'd happily pay it.

coinomi works fine for me too.

It's actually BCH as stated on the official website

Because it name is BCC not BTC. and i do not think it will replace BTC

Because the initial distribution went to everyone who owned coins on the original chain. This included those who absolutely wanted little to do with Bitcoin Cash and dumped their BCH as soon as they could figure out how. We should start seeing a turn around at some point. Eventually, the supply will  be distributed to the ones who actually believe in the coin away from the ones who don't want it. There will also be plenty of coins that go untouched by people who are too apathetic to even bother learning how to claim their coins.(It would also be beneficial to somehow figure out a way to stabilize the hash rate to mostly devoted miners, other than the BTC.top farm and the mystery miners' farms. Having chain hoppers who have no real interest in accumulating Bitcoin Cash, is not helping the price at all. Let the chain hoppers contribute to the two segwit chains. )

Yep, I guess I was wrong about BCH in many ways, and now seeing how the things really are, I definitely give my vote to BCH !From what I've heard, Bitcoin Gold stept with the wrong foot, they dont even have implemented replay protection, so making a transaction with BCG, is very dangerous! So, I'm on Bitcoin Cash, it took a while to convince myself, but thats it, and now I do believe that BCH is the only right alternative for a bigger block size and low fees

Bitcoin Cash already reched the bottom and stabalized it´s price. Right now we are gaining some momentum and it seems that we will see rising prices from now on. I think this can be the right time to get in.

If BCC is better than BTC in terms of features than why the price is not even 10% of BTC price

In the next update of November will improve the mechanism eda

There is supposedly a hard fork next month to implement a different difficulty adjustment but how it goes is to be seen

It does not seem to have consensus as some seem to deem the EDA superior   while others are annoyed that the devs decided on the best implementation of the new DA without the users having a vote while others think it should just use the standard DA of bitcoin

Coinomi is good choice to use this for BCH mobile app is working so nice and very trusted wallet. This wallet is working nice as hot wallet because we can keep store a lot coins into a single wallet.

Why not download a mobile wallet?

There are great

My Trezor BTC transaction with Normal fee is stuck because before sending it I didnt look at network status and lo and behold BCH EDA is activated again and miners switched to BCH because diff is to easy again. After 8 hours it will readjust again.
Any news regarding EDA fix/upgrade?

Blockchain.info has option for importing BTC paper wallets , What is such site for importing BCH papers ?