[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 612.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: jbreher on October 04, 2017, 07:47:31 PM

Quote from: iCEBREAKER on October 04, 2017, 07:35:52 PM

Bcash's address format is broken but nobody can agree on how to fix it

Well, iCEBREAKER, you are an inveterate dickish troll. But I also know you to be seemingly quite intelligent and knowledgable. So with that as a preface, I am going to ask...

This is the first I have heard about some flaw in Bitcoin Cash's address format. Where can I find a factual description thereof?

What a nice thing to say about me. I'm flattered! Embarrassed

It's astonishing and hilarious that you are burning the last of your "dry powder" on Altcoin Cash even as you lack the basic familiarity with the local terrain required to perform due diligence on such a brave investment.

Here, I'll do your homework for you. But before the final exam you need to master the material yourself! Wink

25 days ago:

BCH users are sending own money into BCH-SegWit addresses 😂 this is invalid and their money is mostly lost. So they will beg the Miner-Kings to return funds 😂. Also, karma is a BitCH (👩🐶) - all could be avoided if BitcoinCash would use custom address prefix instead of pretending to be the Bitcoin.
https://www.reddit.com/r/btc/comments/6z56x3/attention_benevolent_bch_miners_a_bch/?sort=controversial

Quote from: https://www.reddit.com/user/btctroubadour

Background

In the short while since segwit activated on the BTC network and segwit addresses even-more-recently became the default for receiving BTC in the Trezor wallet - and perhaps other wallets too (soon?) - people have started accidentally sending their BCH to BTC-segwit addresses.

Due to the fact(s) that...

a) the BCH network supports P2SH (i.e. addresses starting with 3), but not segwit

... and ...

b) the sending wallets thus have no way of knowing that P2SH-wrapped segwit addresses really are "hiding" a segwit redeemscript

... there's currently no way to prevent this, and it will continue happening.

Examples

(These are just the ones that I've noticed, but I'm sure there are many more that go straight to the various wallet service providers' support teams instead of via Reddit.)

https://np.reddit.com/r/TREZOR/comments/70a48q/accidentally_sent_bch_to_a_btc_address_is_there/
https://np.reddit.com/r/TREZOR/comments/6zsz6t/help_i_sent_bitcoincash_to_my_bitcoin_wallet/
https://np.reddit.com/r/TREZOR/comments/6zlagx/noob_needs_helpby_mistake_send_bitcoin_cash_bch/
https://np.reddit.com/r/TREZOR/comments/6wm3re/sent_bch_to_wrong_address_help/
https://np.reddit.com/r/TREZOR/comments/6wuufp/i_sent_bch_to_a_btc_address_by_mistake/
https://np.reddit.com/r/TREZOR/comments/6wz4ft/how_to_recover_bitcoin_cash_which_are_wrongly/
https://np.reddit.com/r/TREZOR/comments/6y5juv/sent_bch_to_btc_wallet_by_accident_help/
https://np.reddit.com/r/TREZOR/comments/6y2ili/transferred_bcc_to_btc_wallet_how_to_cancel/
https://np.reddit.com/r/TREZOR/comments/6y0643/newbie_mistake_send_bch_to_btc_trezor_address/
https://np.reddit.com/r/TREZOR/comments/6xzng0/imanidiot_sent_bitcoin_cash_to_bitcoin_address/
https://np.reddit.com/r/Bitcoincash/comments/6szojj/bitcoincash_accidentally_sent_to/
https://np.reddit.com/r/Bitcoin/comments/6sfnl2/segwit_has_been_locked_in_congratulations_everyone/dlvkhsi/

To add insult to injury, the unlucky BCH owners are routinely told that there's no way to recover the coins (including by myself at the start) due to BCH not supporting segwit. And while that's currently true, it is ultimately only a half-truth.

After all, segwit opponents have often said that the satoshis in segwit addresses would be "anyone-can-spend" if the miners didn't enforce the segwit rules (i.e. ensuring that there's a proper witness/signature in the "segregated" part of the txs).

And on the BCH network the segwit rules aren't being enforced!

Now:
Lead Bitcoin ABC developer Amaury Sechet chimes in on the Address issue
https://www.reddit.com/r/btc/comments/73jwek/lead_bitcoin_abc_developer_amaury_sechet_chimes/?sort=controversial]]

Bitpay changes BitcoinCash address formats
https://www.reddit.com/r/btc/comments/70dutn/bitpay_changes_bitcoincash_address_formats/?sort=controversial

Bitpay's Bitcoin Cash address Format is Much Nicer than Initially Understood
https://www.reddit.com/r/btc/comments/73t5fh/bitpays_bitcoin_cash_address_format_is_much_nicer/?sort=controversial

Bitpay’s New Bitcoin Cash Address Format Breaks Wallet Compatibility and Requires Community Discussion.
https://www.reddit.com/r/btc/comments/738ioy/bitpays_new_bitcoin_cash_address_format_breaks/?sort=controversial

TL;DR Toomim, Zandar, Todu, Deadalnix, and Jonald have succeeded only in turning their clown fiesta of a fork into a full-fledged Springfield Tire Fire.

Bonus: Trezor is sick of Bcash's bullshit and won't change its address format (you need me to spoon feed you that link too?). Cool

gembitz

hero member

Activity: 1834

Merit: 639

*Brute force will solve any Bitcoin problem*

Quote from: iCEBREAKER on October 04, 2017, 07:35:52 PM

Quote from: jbreher on October 04, 2017, 06:27:00 PM

Quote from: afbitcoins on October 04, 2017, 05:37:48 PM

Is there a reason for the dip?

https://bitcointalksearch.org/topic/m.22571392

Incidentally, I have kept dry powder that I am now using to BTF'nD. Fundamentals are still aligned. BCH is the rightful ultimate heir. This will become even more clear after the S1X vs S2X circular firing squad.

Bcash's address format is broken but nobody can agree on how to fix it (Bech32 is provably ideal for UX, but it was made by Evil Blockstream Grin

).

Bcash's Emergency Difficulty Adjustment has effectively become a Permanent Downward Difficulty Adjustment, allowing miners to exploit a loophole and creating a terrible UX.

Bcash's devs are bickering among themselves and becoming less effective at the exact moment they most need to work together.

I expect your motley crew of malcontents will fracture into Bcash Classic, Bcash Unlimited, Satoshi's Bcash, and Bcash2X. Cheesy

After you spend your last real Bitcoin on fake ones, will you keep posting here or will you fork off in silence to join cypherdoc and the other bitco.in failures in the extinct big blocker graveyard?

i haven't been keeping up with the bch-ass github.. are they even doing anything?

bwaaha

serby10101010001100010

full member

Activity: 168

Merit: 100

Quote from: MartinGandhiKennedy on October 04, 2017, 10:16:41 PM

Quote from: serby10101010001100010 on October 04, 2017, 09:25:47 PM

what goes up must come down and vice versa, pure and simple, isn't it?

Happened on 9/11, isn't it?

Brilliant observation!

MartinGandhiKennedy

member

Activity: 70

Merit: 10

Quote from: serby10101010001100010 on October 04, 2017, 09:25:47 PM

what goes up must come down and vice versa, pure and simple, isn't it?

Happened on 9/11, isn't it?

serby10101010001100010

full member

Activity: 168

Merit: 100

Quote from: Mrpumperitis on October 04, 2017, 03:47:08 PM

No hurt for me guys..im still buying along with a few other groups i know.
I dont margin...i can wait
I average down...i wait...
Some people decided to leave the party....no problemo....as new people will replace them.
Right now, it time to move things around ... Wink

$1K+ BCH will happen before the 2nd btc fork.

(many wont understand why it dumped...
sadly...this was required, the gd thing is...its done now)

what goes up must come down and vice versa, pure and simple, isn't it?

jbreher

legendary

Activity: 3038

Merit: 1660

lose: unfind ... loose: untight

Quote from: iCEBREAKER on October 04, 2017, 07:35:52 PM

Bcash's address format is broken but nobody can agree on how to fix it

Well, iCEBREAKER, you are an inveterate dickish troll. But I also know you to be seemingly quite intelligent and knowledgable. So with that as a preface, I am going to ask...

This is the first I have heard about some flaw in Bitcoin Cash's address format. Where can I find a factual description thereof?

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: jbreher on October 04, 2017, 06:27:00 PM

Quote from: afbitcoins on October 04, 2017, 05:37:48 PM

Is there a reason for the dip?

https://bitcointalksearch.org/topic/m.22571392

Incidentally, I have kept dry powder that I am now using to BTF'nD. Fundamentals are still aligned. BCH is the rightful ultimate heir. This will become even more clear after the S1X vs S2X circular firing squad.

Bcash's address format is broken but nobody can agree on how to fix it (Bech32 is provably ideal for UX, but it was made by Evil Blockstream Grin

).

Bcash's Emergency Difficulty Adjustment has effectively become a Permanent Downward Difficulty Adjustment, allowing miners to exploit a loophole and creating a terrible UX.

Bcash's devs are bickering among themselves and becoming less effective at the exact moment they most need to work together.

I expect your motley crew of malcontents will fracture into Bcash Classic, Bcash Unlimited, Satoshi's Bcash, and Bcash2X. Cheesy

After you spend your last real Bitcoin on fake ones, will you keep posting here or will you fork off in silence to join cypherdoc and the other bitco.in failures in the extinct big blocker graveyard?

XbladeX

legendary

Activity: 1302

Merit: 1002

Quote from: rakeapps on October 04, 2017, 07:13:13 PM

bitcoin cash will become bitcoin in a few months after the november fork 2xsegwit bizcoin for the biz ticker is going to be a epic fail it,s a terrible Project with terrible devs with no replay protection it,s going to be chaos for the bitcoin community bitcoin core will become legacy with even worse problems the only peer to peer electronic cash system will be bitcoin cash

sure mate... best investmet ever but ... for miners ripping investors / holders from money.
We need more block in hour now like 50... then 24 without bocks and then again 50 per hours.
Do you really belive in that shit ?
This is miner coins - true satosi vision haha

rakeapps

newbie

Activity: 34

Merit: 0

bitcoin cash will become bitcoin in a few months after the november fork 2xsegwit bizcoin for the biz ticker is going to be a epic fail it,s a terrible Project with terrible devs with no replay protection it,s going to be chaos for the bitcoin community bitcoin core will become legacy with even worse problems the only peer to peer electronic cash system will be bitcoin cash

jbreher

legendary

Activity: 3038

Merit: 1660

lose: unfind ... loose: untight

Quote from: afbitcoins on October 04, 2017, 05:37:48 PM

Is there a reason for the dip?

https://bitcointalksearch.org/topic/m.22571392

Incidentally, I have kept dry powder that I am now using to BTF'nD. Fundamentals are still aligned. BCH is the rightful ultimate heir. This will become even more clear after the S1X vs S2X circular firing squad.

crypt0kid

full member

Activity: 476

Merit: 105

I'm not a fan of Bitcoin Cash, but Ver and his cohorts have too much money at stake. They aren't going to let Bitcoin Cash die. They'll probably let it drop as low as possible before they buy. It looks like the new hard forks of Bitcoin are a huge threat to Bitcoin Cash. As a matter of fact, I'm actually looking forward to Bitcoin Gold. I plan on holding some of that. It may not do too well early on, but I have a feeling that in the next 3-6 months, it will potentially become a top 10 coin. Where that leaves CASH, I don't know, but it definitely doesn't bode well for Bitcoin Cash.

Now instead of constantly putting out FUD about BTC, Ver is going to have his work cut out for him trying to spread FUD about all of the hard forks as well as BTC. The solution, hold BTC, there is no way Bitcoin Cash will replace BTC. As a matter of fact, Segwit2X and Bitcoin Gold might end up beating out Bitcoin Cash.

afbitcoins

legendary

Activity: 2101

Merit: 1061

Lots of trolling on this thread, its a shame. Although only what I expect I suppose, pump n dumpers trying to exaggerate the dump. I'm still hodling bitcoin cash on dips like this feel I might buy a bit to rebalance the old portfolio, won't be selling thats for sure. Is there a reason for the dip? As far as I can tell the network is ticking away quite happily.

grasshpr

member

Activity: 118

Merit: 10

EDA-SIC BOOST works perfectly
On the other hand I kinda feel sorry for Roger

tekmobile

full member

Activity: 392

Merit: 154

Quote from: Mrpumperitis on October 04, 2017, 03:47:08 PM

No hurt for me guys..im still buying along with a few other groups i know.
I dont margin...i can wait
I average down...i wait...
Some people decided to leave the party....no problemo....as new people will replace them.
Right now, it time to move things around ... Wink

$1K+ BCH will happen before the 2nd btc fork.

(many wont understand why it dumped...
sadly...this was required, the gd thing is...its done now)

So you think it will be $1k within the next 4 weeks

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Buy the fear.....

Blast off is near....

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

No hurt for me guys..im still buying along with a few other groups i know.
I dont margin...i can wait
I average down...i wait...
Some people decided to leave the party....no problemo....as new people will replace them.
Right now, it time to move things around ... Wink

$1K+ BCH will happen before the 2nd btc fork.

(many wont understand why it dumped...
sadly...this was required, the gd thing is...its done now)

Strike3urOut

newbie

Activity: 54

Merit: 0

As much I love BCC it's way to volatile for me to play with. I made a killing one day and lost most of it the next day. I'm not one to HODL until the ship sinks either. Best of luck to those trying to tame this Bronco Wink

tekmobile

full member

Activity: 392

Merit: 154