[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 593.

bones261

legendary

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@bones261

You think the coin that has a software code (EDA) protecting it from a death spiral is the one sticking it's head in the sand.

Your confusion knows no bounds. (Be careful your shill is showing.)

Backwards U R.

What code is protecting segshitcoin from a death spiral if the majority of miners switch to Cash & segshit 2x.

Nothing and you don't see a problem with that. I see a problem with your ability to reason if that is the case.

But that is the problem when you follow a coin as a religion instead of as a technology.

╥Aztek

I'm following Segwit coin like a religion? That's rich. Roll Eyes

Have you checked out my posting statistics? A vast majority of my posts are in the Altcoin announcement section. I'm hardly a bitcoin maximalist. Roll Eyes

I'm all for coming up with better ways to implement the blockchain technology. However, in the end, the EDA does not appear to be the philosophers stone that somehow turns the lead-like Segwit retarget strategy into a golden retarget strategy. It's more like turning lead into shit. Grin

bones261

legendary

Activity: 1806

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Funny how you are so concerned with Bitcoin Cash Design which is superior to segshitcoin in multiple ways, but refuse to even admit how segshitcoin is vulnerable to the very thing the EDA protects Bitcoin Cash from.

Maybe you should contact ShitCore and tell them to setup DGW or Digishield before they die in a death spiral, since that is where you are going to lose your money if they don't.

My money is with Bitcoin Cash (The Real Bitcoin) , so I don't care if segshitcoin dies in a death spiral.

@tekmobile,
No one here is listening to you, where is your concern segshitcoin is vulnerable to a death spiral.
Have you talked to ShitCore devs or do you only spend your time trying to trick a superior coin into removing its superior code.

╥Aztek

Segwit coin "bagholders."

Bitcoin Cash "bagholders."

tekmobile

full member

Activity: 392

Merit: 154

Quote from: ?? on ??

Quote from: bones261 on October 14, 2017, 07:30:02 PM

Quote from: ?? on ??

Quote from: bones261 on October 14, 2017, 06:47:27 PM

There are so many other solutions to this "death spiral" problem. There is Digishield, Dark Gravity Wave and many other retarget algos to chose from. There is also merged mining. The EDA has already shown that it falls way short of having relatively consistent and reliable block times.

You seem to be under the impression , that your imagination gets to set the standard for the block times. You Don't.

The Block Time is set by the miners and the EDA makes certain, their greed does not freeze the coin network.
It recognizes miners are profit based, and does not pretend their coin is a religion like segcrap.
So until things stabilize , sometimes it runs faster than normal , other times maybe only 1 or 2 per hour.
But here is the rub, one 8MB bitcoin cash block per hour still exceeds the segwit 1mb coin 6 blocks per hour standard transaction capacity.

No changes required, don't like the EDA , then over paid to use segshit coin, I don't care if you like throwing your money away.
But I am more frugal with mine and won't waste it.

EDA works, which will become even more apparent in Dec.

╥Aztek

My other solutions would have worked much better. If Bitcoin Cash went with Digishield or Dark Gravity Wave, Bitcoin Cash would have already had a nice stable network with many happy, devoted miners plugging away.

EDA is easier to predict since it cover a larger group of blocks.
Your above picks reset the difficulty per block and would make the system even more erratic and less consistent / predictable.

Lets be honest the only ones frighten of the EDA are segshit supporters, as it means miners quit supporting their false religion segcrapcoin and mine for profit.

Funny , how everyone wants Bitcoin Cash to change their design , and no one seems to care shitwigcoin has Zero protections from a difficulty induced death spiral.

Bitcoin Cash the Real Bitcoin is fine, no changes to the EDA are needed. The same cannot be said for shitwigcoin and the death spiral vulnerability they refuse to fix.

╥Aztek

https://news.bitcoin.com/the-bitcoin-cash-community-debates-future-difficulty-adjustments/

Quote

However, the BCH community and the project’s developers are in the midst of a debate regarding removing the Emergency Difficulty Adjustment (EDA),

Quote

One solution is completely removing the EDA and letting BCH deal with the legacy BTC adjustment period; which has worked for bitcoin throughout the years. Zander emphasizes, “the BTC chain is not really hurting from BCHs existence — The algorithm works, and eventually we should revert to that — It’s not broken, so why fix it?” However, the Bitcoin Classic developer understands that some people think the EDA is necessary and if that’s the case, Zander believes, “we need to fix it if we want to keep it — the current situation is very damaging

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: ?? on ??

EDA is easier to predict since it cover a larger group of blocks.
Your above picks reset the difficulty per block and would make the system even more erratic and less consistent / predictable.

Lets be honest the only ones frighten of the EDA are segshit supporters, as it means miners quit supporting their false religion segcrapcoin and mine for profit.

Funny , how everyone wants Bitcoin Cash to change their design , and no one seems to care shitwigcoin has Zero protections from a difficulty induced death spiral.

Bitcoin Cash the Real Bitcoin is fine, no changes to the EDA are needed. The same cannot be said for shitwigcoin and the death spiral vulnerability they refuse to fix.

╥Aztek

Fine, Bitcoin Cash is practically perfect in every way. No need to improve it at all! Have fun going to the moon in this rocket.
BTW: In reality Bitcoin Cash with its EDA is more like a patient in the ICU being tended by nurses, (The magical mystery miners and BTC.top farm) than a healthy young athlete at the peak of their career. Hope you don't have too much of your holdings sunk into this boondoggle. You may find yourself getting totally REKT!

Infinum

newbie

Activity: 43

Merit: 0

Quote from: bones261 on October 14, 2017, 06:47:27 PM

With the EDA, you can get into a situation where you have extremely slow blocks followed by a period of extremely fast blocks with little or no transactions.

Exactly and it is not a possibility - it actually happens quite often.

Quote from: ?? on ??

EDA is there to prevent a death spiral and the destruction of the coin.

It is not preventing it - it is accelerating the death spiral by inflating away the block reward.

Quote from: ?? on ??

EDA is there for a technical infrastructure reason and so it should remain.

ETH and ETC have the same infrastructure and they both live with their respective price levels. The asymmetric, artificial, pro-cyclic nature of Bitcoin Cash's EDA makes price stabilization more difficult and the network is quite often left non-functional i.e. without any new blocks for hours.

Quote from: bones261 on October 14, 2017, 06:47:27 PM

There are so many other solutions to this "death spiral" problem. There is Digishield, Dark Gravity Wave and many other retarget algos to chose from. There is also merged mining. The EDA has already shown that it falls way short of having relatively consistent and reliable block times.

Give the man a cookie! EDA destroys trust in the near-constant block times - one look at block explorer shows how uneven the block distribution is after retarget.

EDA messes up the block times, burns through the block reward, destabilizes the network and hence puts additional downward pressure on the price.

Just look at https://fork.lol/ - Bitcoin Cash has the most stable profitability when it is adjusted using the classic retarget algo - once EDA kicks in, after some time, the coin ends up with lower profitability than before retarget. It is a moronic algo that kills BCC and it is evident from the graphs.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: ?? on ??

Quote from: bones261 on October 14, 2017, 06:47:27 PM

There are so many other solutions to this "death spiral" problem. There is Digishield, Dark Gravity Wave and many other retarget algos to chose from. There is also merged mining. The EDA has already shown that it falls way short of having relatively consistent and reliable block times.

You seem to be under the impression , that your imagination gets to set the standard for the block times. You Don't.

The Block Time is set by the miners and the EDA makes certain, their greed does not freeze the coin network.
It recognizes miners are profit based, and does not pretend their coin is a religion like segcrap.
So until things stabilize , sometimes it runs faster than normal , other times maybe only 1 or 2 per hour.
But here is the rub, one 8MB bitcoin cash block per hour still exceeds the segwit 1mb coin 6 blocks per hour standard transaction capacity.

No changes required, don't like the EDA , then over paid to use segshit coin, I don't care if you like throwing your money away.
But I am more frugal with mine and won't waste it.

EDA works, which will become even more apparent in Dec.

╥Aztek

My other solutions would have worked much better. If Bitcoin Cash went with Digishield or Dark Gravity Wave, Bitcoin Cash would have already had a nice stable network with many happy, devoted miners plugging away.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: winding-coils on October 14, 2017, 05:30:04 PM

Quote from: Infinum on October 14, 2017, 04:13:18 PM

This stupid EDA is killing Bitcoin Cash.

Any news on when will it be removed?

Are you sure? Wouldn't it be dead if this were the case? On one side we have a case being made that miners are "gaming the system" yet others and even the same claim that the EDA is "broken."

How are we not sure the EDA isn't meant to be in place come November, when BT2 and BTC will fight for hash, and then the EDA can be manipulated to entice hash towards Cash?

I hope BTC has a lot of hash that will stand behind them or they might be left with a parabolic mempool.

Here is the problem with the way the EDA is playing out. If you get into a situation where the difficulty is too low, and the attracted hash is too high, you end up getting blocks that are way less than 1 minute. The faster the blocks come, the more likely the network will become a mire of orphans and reorgs. Furthermore, in order for a pool to start including transactions in a block, they need to verify the validity of all the transaction of the blocks beforehand. With the EDA, you can get into a situation where you have extremely slow blocks followed by a period of extremely fast blocks with little or no transactions.

Quote from: ?? on ??

EDA is there to prevent a death spiral and the destruction of the coin.

Removing it would be stupid.

You want the EDA to be activated less frequently , then buy a warehouse full of ASICS and run it 24x7 to keep the difficulty from dropping.

It is a superior design to segwitcoin 1MB (just waiting for a death spiral coin).

EDA is there for a technical infrastructure reason and so it should remain.

╥Aztek

There are so many other solutions to this "death spiral" problem. There is Digishield, Dark Gravity Wave and many other retarget algos to chose from. There is also merged mining. The EDA has already shown that it falls way short of having relatively consistent and reliable block times.

winding-coils

member

Activity: 168

Merit: 10

Quote from: Infinum on October 14, 2017, 04:13:18 PM

This stupid EDA is killing Bitcoin Cash.

Any news on when will it be removed?

Are you sure? Wouldn't it be dead if this were the case? On one side we have a case being made that miners are "gaming the system" yet others and even the same claim that the EDA is "broken."

How are we not sure the EDA isn't meant to be in place come November, when BT2 and BTC will fight for hash, and then the EDA can be manipulated to entice hash towards Cash?

I hope BTC has a lot of hash that will stand behind them or they might be left with a parabolic mempool.

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: ?? on ??

hallo
antmainer s9 mining bcc or no??

Yes, if you have a s9 miner, you can mine BCC by pointing it to the right pool. If you mean Hashnest, no; you can only mine BTC with the cloud mining. Come November, we will see if Hashnest S9 will mine on original chain or Segwit 2x.

Quote from: jojo69 on October 14, 2017, 04:28:34 PM

yes, on Suprnova!

jojo69

legendary

Activity: 3388

Merit: 4775

diamond-handed zealot

Quote from: ?? on ??

hallo
antmainer s9 mining bcc or no??

yes, on Suprnova!

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: Infinum on October 14, 2017, 04:13:18 PM

This stupid EDA is killing Bitcoin Cash.

Any news on when will it be removed?

i'm pretty sure they'll have to hard fork it to remove it. so they'll do it when we're ready for bitcoin cash classic to thrive alongside bitcoin cash. it's gonna be cool.

Infinum

newbie

Activity: 43

Merit: 0

This stupid EDA is killing Bitcoin Cash.

Any news on when will it be removed?

bones261

legendary

Activity: 1806

Merit: 1828

Quote from: OXUS on October 14, 2017, 01:30:36 PM

Quote from: David48l on October 13, 2017, 05:32:29 PM

Quote from: OXUS on October 13, 2017, 05:23:36 PM

will bitmain only accept bch for miners ?

At the moment it seems that they only accept bitcoin cash

I see on their site they accept btc ltc dash and bch

Read the fine print: Under payment section item 4 for their latest batch of L3 miners. BCC only accepted for the latest batch.

https://shop.bitmain.com/productDetail.htm?pid=00020171012101234461U4tES2cP065E

Same language for latest batch of S9 miners.

https://shop.bitmain.com/productDetail.htm?pid=000201709281019141777wvS8I1g068C

David48l

hero member

Activity: 600

Merit: 504

https://www.reddit.com/r/btc/comments/76cpky/new_daa_proposed_by_amaury_s%C3%A9chet_d601_implement/

classicsucks

hero member

Activity: 686

Merit: 504

Quote from: jbreher on October 14, 2017, 02:47:56 AM

Quote from: Haslett5236 on October 13, 2017, 05:47:19 PM

wow , why we need so many forks?

Well, we don't. But forks are approximately free to create. And if they capture the imagination of the great unwashed, they may be profitable.

Think about what you all are advocating. BitcoinGPU/BitcoinGold? Bitch, please.

LOL I've never seen Kore fuccbois be so excited about any sh!tcoin ANN as they are about Bitcoin Gold.

I read a vague 3 page thread about "no replay protection" and perused an "exchange site" that asked for my BTC private keys. That's not a good look.

jojo69

legendary

Activity: 3388

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diamond-handed zealot

I love it when stupidity has actual, real world, consequences.

classicsucks

hero member

Activity: 686

Merit: 504

Quote from: tekmobile on October 12, 2017, 10:03:13 PM

Quote from: VERA66 on October 12, 2017, 09:22:14 PM

I am interested in it.Can you explain it detailedly？

Do you mean Bitcoin Cash

{liquidity_trap_cartoon}

Dear God tek, from wiki, "A liquidity trap is caused when people hoard cash because they expect an adverse event such as deflation, insufficient aggregate demand, or war."

Kind of the opposite of "teh inflation" you've been yammering about for weeks. At least make up your mind which FUD to post and stick with it.

It looks like our new arrival David is not having your brand of crap either.

classicsucks

hero member

Activity: 686

Merit: 504

Quote from: tekmobile on October 12, 2017, 10:27:27 PM

Quote from: ?? on ??

Damn BTC hit +$5900 at Bitfinex!!! I was too slow to sell! *lol* $6000 today!??!?! Shocked

Maybe the rich people have started realizing there is only 21 million BTC!

It might have something to do with a couple of news articles today of maybe just a coincidence

Today we're excited to announce our Lightning Desktop app, now available for testing
https://twitter.com/lightning/status/918564167778369537

Just SegWit? Bitcoin Core Is Already Working on a New Scaling Upgrade
https://www.coindesk.com/just-segwit-bitcoin-core-already-working-new-scaling-upgrade/

Both were common knowledge for anyone in the know but look 1 step closer to reality especially the lightning network one

Also bitcoin is well under $300 in value to hit the mythical 100 Billion Dollar market cap

LOL one of the comments is

Code:


please fix the DNS issue, even with 8.8.8.8 my autopilot can't open channels

That's google's DNS server, vacuuming up all of the Lightning user IP address space. Nice job devs.

Have fun on your corporate Paypal 0.2 testnetwork, tec. I'll stick to blockchains myself.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: OXUS on October 14, 2017, 01:30:36 PM

I see on their site they accept btc ltc dash and bch

if i remember what i've read elsewhere they're only accepting bch for one particular batch of miners. it's business as usual for everything else. i guess it's an experiment on their part.

OXUS

full member

Activity: 253

Merit: 101

KEK

Quote from: David48l on October 13, 2017, 05:32:29 PM

Quote from: OXUS on October 13, 2017, 05:23:36 PM

will bitmain only accept bch for miners ?

At the moment it seems that they only accept bitcoin cash

I see on their site they accept btc ltc dash and bch

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 593. (Read 704812 times)