Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 585. (Read 704412 times)

1st off ,
The stupidity is Bitcoin does not yet need to scale to beat visa, it does need to scale to match the current transactions volume and keep fees from skyrocketing.
Of which Bitcoin Cash 8X onchain capacity more than succeeds in doing.  As far as the limits to onchain scaling , internet speeds increase every year, what is unlikely today will be most likely in the future.

Can offchain solutions provide faster transactions, sure Exchanges that perform offchain transactions within their own systems can give unlimited scaling.
Advantages of using an exchange for offchain scaling over LN, includes
Lower Fee structure
No time locking of coins
No banking license require to run an LN hub , (LN does not trade the actual coins but IOUs,  Exchanges move the actual coins to your control immediately.)
Greater Accountability:
( If an exchange offchain transaction is not redeemed, you sue the exchange, if an LN hub offchain IOU is not redeemd , there is no one to sue, you are just Shit out of luck.)

  
Shitwit design has been nothing but the Banking Industry attempt to control all of crypto and keep all of the dumbasses in financial slavery, of their creating false fractional reserve IOUs out of thin air.


╥Aztek

It is not about beauty at all. In fact one can find Craig even handsome.

The problem is his facial expression. His smile. It is like;

"I am going to fuck you up and scam you so bad, you will not understand what's happening and maybe even like it!"

Roger Ver has the exact same look. Look of a con artist.

It is not about beauty at all. In fact one can find Craig even handsome.

The problem is his facial expression. His smile. It is like;

"I am going to fuck you up and scam you so bad, you will not understand what's happening and maybe even like it!"

Roger Ver has the exact same look. Look of a con artist.

I don't judge a book by its cover. Not all people can be beautiful.

So let's say somebody is getting 20% more hashing done than somebody else. Can't the other guy just use ASICBoost as well? It's not like anybody gives 2 f*cks in China about a USA patent... Or, if they want to "play by the book", they just buy 20% more miners. It's just not anything to get all worried about. And who is doing the hashing is not that big of a deal unless it's all one person. Jihan Wu runs a mining pool and doesn't own all of that hashpower anymore so than any other pool operator. And again, it would be completely against his self-interest to "rock the boat" and do a 51% attack on BTC or whatever. He just wants bigger blocks so miners can mine more transactions and make more money. Kore wants small blocks 4ever to force Lightning and their patented tech down everyones' throats. I don't want that crap and most people I respect agree with that viewpoint.

I still don't see what there is to control, the blocksize? What would it mean if Jihan Wu completely controlled a coin (likely it would be a worthless coin)? Again, Kore is sabotaging the original plan to scale Bitcoin so they can run their lame scheme on top of Bitcoin (THAT would qualify as controlling Bitcoin to me...). This has been agonizing to watch, and it won't work. A potential $500 billion market cap is being hamstrung by just $75 million which was invested in Blockstream by Silbert and DCG. There is so much pressure building for greater capacity and speed, and Kore just sits there with their thumbs up their asses saying "no" to everyone, like big babies!

Large blocks are not a problem like Kore screamed relentlessly they would be, and fees are 4000x lower on BCH. High fees and a bloated mempool ARE problems on BTC that have real and grave consequences for BTC, that have drastically reduced BTC's crypto market share AND the BTC adoption rate. These are just facts, yet the Kore fanbois (not saying you are one) just keep burying their heads under some more sand every time they are asked to address it.


Thanks for not running a RasPi. Sure, there are circumstances when you might need to rent a $10/mo VPS to get good performance syncing several 8-32MB blockchains. Big deal. And all of the hand-wringing about "ehrmagerd, blockchain will be 5000 Terabytes in 10 years" - get over it. Prune your blockchain, buy a bigger hard drive, or use an SPV wallet. Yes, it's annoying to have a huge blockchain but the problem can easily be solved in the next 10 years before anyone is adversely impacted.

Tek, good to see you back. You came in right on time to scream about the big blocks.

https://news.bitcoin.com/calvin-ayre-declares-bitcoin-cash-the-only-bitcoin/

https://calvinayre.com/2017/10/17/bitcoin/say-bitcoin-mean-bitcoin-cash/


Has the renaming begun?

https://news.bitcoin.com/bitcoin-cash-community-preps-for-a-hard-fork-slated-for-november-13/

so a hard fork immenent ?

the bitcoin cash price so cheap , everyone start buy bch , i bought bch  price ~ $1000 , let make bch  great again .

"Since October 12, the price of bitcoin has surged from $4,800 to $6,199, within a span of 10 days. Investors have expressed their concerns in regards to such an abrupt increase in the value of bitcoin without major corrections."

https://www.cryptocoinsnews.com/bitcoin-price-corrects-5880-270-new-time-high/

“Because this 2x hardfork is so contentious, Coinbase cannot handle it the same way they handled the ETC and BCH hardfork. In other words, they can’t just choose one fork and ignore the other fork. Choosing to support only one fork (whichever that is) would cause a lot of confusion for users and open them up to lawsuits. So Coinbase is forced to support both forks at the time of the hardfork and need to let the market decide which is the real Bitcoin,” said Lee.

Dude the people buying cryptos right now don't even know what a blockchain is, say nothing of what Segwit or EDA even are. BCH is an insider coin that is a hedge against the BTC fork, plain and simple. It could very well be big BTC holders shorting the BCH down to do a big buy before the fork.

I picked some BCH up at 0.05BTC, and I'm fairly confident I'll see some upside in November...

Right now bitcoin cash has bad press because people think it,s a broken coin with all the controversy around eda with the same problems as other coins with a broken chain

Dr. Wright does not prove that he is indeed the real Satoshi, BCH will live an alternative coin.